Ryan Stancil,
Editor
June 2, 2025
Commodity Callout
Uranium just got a boost that could be the start of a massive upward run. This was thanks in part to a recent executive order meant to bolster domestic uranium production. Yet, much of it could also be attributed to the world finally waking up to the fact that nuclear power will be necessary for establishing any kind of clean energy future. Investors would do well to get into uranium stocks before the momentum really picks up and truly leaves them behind. Here’s one way to do that.
Metal Price Update
Gold — Gold was down last week, starting off at just above $3340 per ounce and ending slightly lower than that. At one point it fell to $3250 but recovered some of that before the week’s end. Much of the slide had to do with investors pulling back while they were waiting for inflation data. The fact that gold held in this tight range was a good sign as it shows the yellow metal has room to run.
Silver — Silver’s trajectory continued to mirror gold’s. It started at around $33.60 per ounce and ended at around $33.07 after having dipped under $33 at one point. Its cultural history and industrial uses mean it has plenty of potential to trek higher.
Copper — Copper prices fell, starting the week at $4.85 per pound and ending at $4.70 due to investor’ nervousness about Trump’s spending bill and its effect on the national debt. Still, its long-term bullish prospects look sound, and this could be viewed as a buying opportunity.
Lithium Carbonate — Lithium prices continue to plummet, starting last week at just under $8700 per ton and falling all the way to $8436. At this point, how low it can go is anyone’s guess.
Uranium — Uranium has continued to see its value climb. Last week, it held between a range of $71 and $72 per pound, likely off of the back of the recent executive order that gave a boost to the domestic uranium industry. The upward trend will only continue from here.
Company Callout
One company to watch is Headwater Gold (CSE: HWG)(OTC: HWAUF), whose shares have surged 25% in the last few weeks. This came in light of recent news announcing the discovery of epithermal quartz veins at its newly defined Doug target, which is part of the Spring Peak project in Nevada.
It’s only a matter of time before the drills begin turning. Given this emerging gold bull market, anyone who invests in a company with prospects like what Headwater has is going to do extremely well. You can read more about the company in the latest issue of Hodge Family Office by clicking here.
Ryan Stancil
Editor, Resource Stock Digest