Palisades Gold Radio · Thursday, October 1, 2026
Justin Huhn of Uranium Insider predicts a significant bull market for uranium, with prices expected to exceed $200 per pound. This forecast is based on the strength of long-term contract negotiations, which increasingly feature floors and no ceilings, indicating a shift towards prioritizing supply security over price. The market is tightening due to limited secondary supply and a slow response from new mine production, while demand is increasing from new buyers like hyperscalers and a record number of new reactors under construction.
“We expect the price to go well north of $200 a pound.”
“security of supply becoming paramount above pricing.”
“We believe that the setup is significantly better than the previous cycle that had a raging commodities bull market aspect from, you know, 03 to 07 and pretty much anything physical.”