Gerardo Del Real,
Editor
Oct. 29, 2025
In the words of the great poet Kendrick Lamar, “It’s not enough.”
Copper supply? It’s not enough. Welcome to the new all-time record highs, copper crowd.
Uranium supply? It’s not enough — and it won’t be for years. I’ve described in detail how critical North American uranium supply will be if the tech bros have their way and even half of their AI ambitions come true.
Subscribers have known this for years and have positioned themselves well for it.
Just yesterday, the U.S. government — through the Department of Commerce — announced a historic agreement with Westinghouse Electric that aims to build at least US$80 billion worth of nuclear reactors across the United States using Westinghouse reactor technology.
The plan outlines eight 1.25 GW AP1000 reactors — adding over 5 million pounds per year of new uranium demand for 10 GW of new builds earmarked for AI.
That’s a win for North American producers, developers, and explorers.
Brookfield and Cameco acquired Westinghouse in November 2023 in what now looks like a brilliant acquisition. At the time, Cameco was criticized for the move. Shares of Cameco rose over 25% on the news.
Shares of uranium companies surged as analysts — per usual — once again realized their demand projections would be woefully off on both the supply and demand sides.
And just for kicks, we’re likely to get a 25 basis point cut from Jerome later today — adding more fuel to the commodity supercycle fire.
Don’t look now, but gold is back above US$4,000, and silver is back above US$48, as the latest consolidation is proving to be just that — a consolidation.
If you believe you’ve missed the run because of the record prices, nothing could be further from the truth.
What’s the best way to approach this part of the cycle?
By continuing to find value in stories that may be new to the market — or private and about to come public. Like the most recent one: a brand-new gold exploration IPO that Nick Hodge and I will be offering to subscribers of Private Placement Intel.
It’s a deal that was brought to us by some of the same people who brought us one of our biggest wins — a 111X gain on Patriot Battery Metals (now PMET Resources).
The company’s assets have what we look for: scale, a major that has already done due diligence on our behalf, early-stage leverage, and a full warrant at an extremely attractive valuation.
It’s the kind of deal that affords us the opportunity to make many multiples on both our shares and our warrants.
Click here to learn how to get access when it opens.
Let's get it,
Gerardo Del Real
Editor, Daily Profit Cycle