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The Growing Importance of Food Security | Christopher Ecclestone

Christopher Ecclestone, principal and mining strategist at Hallgarten & Company, analyzes the global fertilizer market amid geopolitical disruptions linked to war and potential shipping constraints through the Strait of Hormuz. He examines supply challenges for petrochemical-based fertilizers, particularly urea and nitrogen products, alongside knock-on effects affecting potash and phosphates. Ecclestone also discusses the vulnerability of…

Ben Finegold: Asia’s Uranium Supply Lock-Up Leaves the West Exposed

Ben Finegold, Director at Ocean Wall, examines the uranium market as term prices reached 15-year highs around $93 per pound. He highlights the persistent global supply deficit entering its eighth year and the sharp contrast between rapid nuclear expansion in Asia and slower progress in the West despite strong policy support.

Per Jander: Term Price Hits 15-Year High at $93

Per Jander

Per Jander, Director of Nuclear Fuel and Investor Services at WMC and Technical Advisor to the Sprott Physical Uranium Trust, discusses current uranium market conditions in the context of the ongoing Iran conflict and recent institutional buying activity. He explains the early 2026 spot price spike driven by heavy January/February purchasing from vehicles such as…

John Ciampaglia: The Iran Crisis Just Made Uranium Even More Bullish

John Ciampaglia

John Ciampaglia of Sprott Physical Uranium Trust discusses how recent geopolitical tensions, particularly the situation in the Middle East, are reinforcing nuclear energy’s strategic importance for energy security. He provides an update on SPUT’s recent purchasing activity following prospectus renewal, accelerating utility long-term contracting, rising production costs, and the persistent structural supply deficit in the…

Rick Rule Selling Oil Stocks When Market Frenzy Hits

Veteran resource investor Rick Rule reflects on the accelerated silver bull market, current physical supply dynamics, and his tempered near-term outlook following the sharp rally and subsequent pullback. He shares his views on gold’s long-term role as a hedge against currency devaluation, the impact of geopolitical tensions on oil and gold prices, his de-risked positioning…