Kazakhstan impact on Uranium, Ukraine, Bitcoin, Putin's succession, FM equities

  • Kazakhstan unrest cements transition away from Nazarbayev more than upends authoritarian system but situation is fluid

  • Lengthy disruption would affect: 1. Uranium (40% of output) 2. Russia resources for Ukraine 3. Bitcoin (18% of hashrate)

  • 4. How Putin manages his own succession; 5. Risks (or buying opportunity) in some of 2021's top FM performers
January 6th, 2022
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