Claims

Long-term uranium contracts are tightly held confidential agreements between mines and utilities; Malcolm has only ever seen one contract in 50+ years under strict confidentiality, and contract terms are closely guarded trade secrets, so published long-term prices are estimates based on aggregated information rather than direct market data.

Gold has experienced a major runup and probable blowoff top; near-term pullback is likely over next month or two, with potential retest of highs followed by months of sideways-to-lower trade through summer; this pattern mirrors prior cycles where gold strength did not persist.