Today, Steve Barton sits down with uranium expert Justin Huhn of Uranium Insider for one of the most incisive briefings on the global uranium market to date. In a razor-sharp dissection of nuclear energy's future, Justin exposes the mounting disconnect between supply realities and investor expectations—and the complacency that threatens long-term energy security in the West.

Justin warns that utilities are running out of time. With only a fraction of annual demand secured in long-term contracts, and the spot market increasingly dominated by carry trades and short-term opportunism, the illusion of supply is about to be shattered. He breaks down the geopolitical fractures between East and West, where the East controls most enrichment capacity and uranium flow—while the West demands 70% of global nuclear fuel.

Yet this isn't just a warning—it's a roadmap. Justin explains why SMRs, despite skepticism, are already reshaping future demand, how U.S. policy shifts and Trump-era executive orders could accelerate mining approvals, and why the smart money is positioning for a breakout in uranium prices. He offers hard-hitting insights on term contracting, enrichment bottlenecks, and the strategic premium emerging for Western production.

This is the kind of clarity investors rarely get—an unfiltered, data-rich outlook from the front lines of the uranium bull market.

Connect with Justin Huhn!

Uranium Insider: https://members.uraniuminsider.com/a/41334/hfFkvWuq

Learn More: https://members.uraniuminsider.com/a/41334/hfFkvWuq

Key Topics Discussed:

✅ Why the global uranium market is facing a severe supply-demand mismatch

✅ How utilities are quietly entering the spot market amid long-term contracting paralysis

✅ The growing East-West divide in uranium production, enrichment, and conversion capacity

✅ Why Small Modular Reactors (SMRs) are already influencing uranium demand ahead of schedule

✅ The geopolitical risks reshaping the nuclear fuel cycle—Russia, China, and Kazakh dominance

✅ Why Western production may soon command a strategic premium

✅ The truth about U.S. self-sufficiency in uranium conversion, enrichment, and fabrication

✅ How carry trades and pricing ceilings are distorting long-term supply signals

✅ Why Justin Huhn believes uranium prices will break higher before year-end

✅ The risks to ASX-listed uranium equities amid Australia's proposed unrealized gains tax

✅ Why investors should expect multiple waves in this uranium bull market—not a straight line up

If you found value in today's breakdown, please give this video a thumbs up, share it with friends, and don't forget to subscribe for weekly market insights. Join the discussion in the comments, and check out our free and premium content on the Rule Classroom for exclusive investment insights! If you would like to support the show, you can do so through a donation here or on YouTube Supers: https://paypal.me/InittoWinitLLC?country.x=US&locale.x=en_US Stay tuned for our next guest and happy investing!

Affiliates /Tools for Success that I Love and find Helpful:

Join Our Free Newsletter

Rule Symposium 2025 (July 7-11)

Rule Classroom (Free)

Rule Classroom Plus (2 Free Months)

TradingView (Free)

Lobo's Weekly Recap (Free)

Uranium Newsletter

Check out my Free Newsletter, and get all my top picks every Sunday!

Chapters:

00:00 Introduction and Justin's macro-outlook on uranium

07:03 Spot market activity as utilities dominate

11:54 North American fuel infrastructure update

15:49 Impact of expedited mine permits

17:30 East versus West uranium supply chain

25:25 Global uranium demand and supply imbalance

28:24 Centrus Energy and HALEU capacity

29:51 Uranium spot price bottom discussion

30:58 What inning is the uranium bull market in

37:22 Will there be another summer sell off

39:32 Australian uranium stocks and tax concerns

41:45 Unrealized capital gains impact on ASX stocks

43:32 Is ASPIA a fraud

44:26 Niger update and royalty funding

46:12 When MOX fuel becomes economical

47:43 France's motivation for fuel reprocessing

48:40 Uranium demand from SMRs versus large reactors

51:59 When term contracting reaches replacement volumes

53:33 China's uranium projects and thorium news

56:10 SPUT activity and market outlook

01:01:39 Cameco Q1 earnings and bullish commentary

01:07:23 Closing and how to follow Justin Huhn

DISCLAIMER: I am not a financial advisor. This is not financial advice. I only express my opinion based on my experience, and your experience may be different. These videos are for educational and motivational purposes only. Investing of any kind involves risk. Do your own due diligence. Every investment and bet comes with the risk that your capital could go to zero.

WHAT I DO: I spread out my investments. It's not all on one thing. For every bet that I make, I devote one hour of study per month to that investment. I keep the number of bets to what I can feasibly study.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, the show may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. I recommend them because they are helpful and useful, not because I am looking for the small commission. Thank you for using the links.

#Uranium #NuclearEnergy #JustinHuhn #UraniumInsider #Investing #SMRs #EnergyCrisis #Commodities #Enrichment #NuclearPower #UraniumMarket #Cameco #U308 #InItToWinIt #SteveBarton