Jamie Dimon courted controversy last year when he called Bitcoin, the main cryptocurrency, a fraud. “If you're stupid enough to buy it, you'll pay the price for it one day." He subsequently backpedalled on his remarks, saying that he believed in the underlying blockchain technology. But was he right to apologise?
Mr Kovacevic cautions investors about Uranium ahead of the Mines and Money Asia in Hong Kong this April. With close to 80% of the reactors in the USA are over 30% old and the cost to shut them down being so punity, even with "planned" or "proposed" reactors being built, it is diffcult to see a serious long-term demand for Uranium.