#Copper is trading at all-time highs due to falling output in Chile and insatiable demand from AI data centers. If you would like to learn how to invest in #copper and copper miners join us for a Free 3 hour Virtual Copper Conference on June 6 at 8am ET. Register bit.ly/4nYBIpO

Fueling the #Nuclear Renaissance🌅⚛️⛽️ Saskatoon-based Cameco, North America’s largest supplier of reactor fuel, warns of a structurally undersupplied #Uranium market that has major utilities negotiating long-term contracts at #U3O8 prices near $120/lb🤠🐂 realclearenergy.org/articles…

@Citibank released its 2026 Copper Book today, citing structural tailwinds and cyclical sensitivity pave path to $15,000 per tonne copper prices “We recommend medium-term investors and hedgers maintain a bullish copper posture for at least the next 12 months to take advantage of upside to $15,000 per tonne copper (ex-US) in our base case ($17,000 per tonne bull case). Opportunistic investors may look to hold positions through June 2026 to $14,500 per tonne US copper tariff fears and then look for a July pullback/dip buying opportunities in as these fears dissipate (our base case tariff view is no blanket tariff on cathode is announced)”

Ross Beaty has created billions in shareholder wealth with @PanAmericanSlvr and @EquinoxGoldCorp and he is doing it again with @LuminaMetals. To learn more check out our interview. Replay bit.ly/447Fwf4

The real reason oil is below $100/bbl. It isn’t fundamentals. It’s capital aversion. Policy uncertainty has made oil too volatile to hold. Investor VaR has collapsed by c.$5B. Open interest is at the lowest level in years. Global oil stocks are still drawing 5-6mb/d; however, investors say they don't care. Start with investor VaR - the best measure of how much capital is willing to engage with oil. It has collapsed to $1.4B (see chart). Not forced out by rising rates, sanctions or external margin calls. Investors are simply choosing not to hold. The policy noise - deal on/off, attack, not attack - has made the carry uncompensable. VaR compression has one direct consequence: it drains open interest. Contracts are closed. Market depth disappears. 2026 YTD open interest decline is the worst on record. Unlike 2022, there’s no rates shock or sanctions forcing the exit. This is capital aversion. Managed Money VaR and YTD OI Change

Copper copper copper… bloomberg.com/news/articles/…

Chevron CEO Mike Wirth says the global energy market now may be able to absorb the Strait of Hormuz disruption until early September. He is waiting on incorporating the Iran agreement into his view until it is signed and actions are taken according to it

In the WNA's 2025 "Reference Case" scenario, they see uranium demand more than DOUBLING to ~390 million lbs./yr. by 2040. That is a 55Mlb. adjustment from the 2023 Fuel Report. 👀 If the supply response goes *perfectly*, maybe we see 250M lbs. ~2033. And that's a big 'maybe.' I really do not know where the lbs. will come from – at any price – to meet this extraordinary demand.

Great 30 min chat with @RealRickRule on what he is buying #uranium and what he is selling #silver. Replay bit.ly/4eg09ua

Great conversation on John Ciampaglia on how investors can invest in physical #copper

This four-hour Master Class on #copper and #copper equities is available 24/7 on @YouTube and @Spotify so you can watch or listen at your convenience. Replay bit.ly/43dgU4m @Sprott @BloorStreetCap @AmerigoRes @ATEX_Resources @EvolveRoyalties @FaradayCopper @highland_copper @LuminaMetals @NexMetalsCorp @PecoyCopper

This four-hour Master Class on #copper and #copper equities is available 24/7 on @YouTube and @Spotify so you can watch or listen at your convenience. Replay bit.ly/43dgU4m

Amerigo produces #copper from the waste material of the world's largest underground #copper mine, Codelco's El Teniente mine in Chile and is committed to returning cash-flow to shareholders. To learn more join us on June 6 at 8am ET. Register bit.ly/4vmOeC0

Ross Beaty has been responsible for creating many successful mining companies and his latest venture is @LuminaMetals , a #copper #silver developer. To learn more join us on June 6 for a FREE Virtual Copper Conference and if you can't join Live, you will receive a Replay link after you register so you can watch it anytime 24/7. Register bit.ly/4nYBIpO

Did you know @sprott has a physical #copper trust which enables investors to invest in #copper. To learn more join us on June 6 at 8am ET. Register bit.ly/4nYBIpO

Investor Michael Gentile is more bullish than ever on #gold and #silver and believes this period of consolidation has made equity valuations more compelling. Replay bit.ly/4agOtWU

Time for a Virtual #Copper Conference!

US fuel inventories are close to TANK BOTTOMS. STAY LONG OIL.

RIP Claude Lemieux The legend carried the torch into the Bell Centre just a few days ago at Game 3

RT @wmiddelkoop: Could this be The Melt Up Phase?