The National Investor

In this episode, I start off with another sector update/conversation: this time, on U.S. energy markets with my buddy Phil Flynn, a FOX Business Network Contributor as well as Senior Market analyst at the Price Futures Group in Chicago.

Notwithstanding the current challenges to U.S. oil in particular due to the recent low prices and resulting low rig count/rollover in production levels, Phil paints an encouraging policy picture (as have I.) Unlike during the Biden years, at least energy knows it has a champion in The White House rather than an adversary!

Unquestionably, we'll see activity recover for oil generally as prices move back up. Elsewhere, natural gas--while even more treacherous at times from a trader's viewpoint such as Phil's--has an incredibly bright future in the U.S. (and as we've previously covered, perhaps even more so in Canada.)

"The natural gas story is the Story of America," says Phil.

Moving on, I talk about the BLOCKBUSTER news out late in the week on the Pentagon's major, aggressive and unique investment in Rare Earths company MP Materials - a story I'll be discussing more in the days ahead as it affects other companies/metals.

Finally, I briefly discuss the broad markets, keying in on America's path to a $60 TRILLION or so debt in the next decade...the Treasury market being increasingly dictated once more by market forces (i.e.--those famed bond market vigilantes) ... and the apparently intensifying efforts on the part of Team Trump to move "Too Late Powell" out of the way NOW and put someone in charge of the Fed who will really "Print, Baby Print!"

LINKS & RESOURCES:

--- For Phil Flynn's FREE daily energy blog, go to: https://blog.pricegroup.com/2025/07/11/rare-earth-shattering-the-energy-report-07-11-2025/

NOTE: PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Investing in futures can involve substantial risk & is not for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses. Member NIBA, NFA.

--- For my previous discussion of the needed economic policies to undergird permitting reform, etc., see https://www.youtube.com/watch?v=JEaj5ddwJKQ

--- On the MP Materials news, see

https://www.ft.com/content/6693da6f-7cb7-4c74-8c4f-45b1bf533cbe (Financial Times)

https://www.mining.com/mp-materials-lands-multi-billion-pentagon-deal/ (Mining.com)

Energy Fuels is already a key anchor of rebounding U.S. uranium production, buoyed by the performance of its Pinyon Plain Mine in Arizona. This uber-high grade property has already vastly exceeded expectations and helped the company to meet most of its prior guidance for uranium production for all of 2025 by just the halfway point of the year!

Beyond that, Energy Fuels is making its case as a key part of the U.S. rare earth elements supply chain; and got some added attention this 2nd week of July as its own story and share price spiked in sympathy with the news of the Pentagon's investment in MP Materials (NYSE-MP).

I'm discussing that separately right now in both The National Investor as well as on my Your Money Today podcast.

As you get your head around Energy Fuels, you will see as I do a compelling, multi-faceted story of a company that will benefit substantially as it leads America toward a greater level of energy independence.

In my latest sector update at the "mid-year turn" I visit with Seabridge Gold (NYSE-SA ; TSE-SEA) Co-Founder, Chairman and C.E.O. Rudi Fronk. We opine on the gold market and the reasons why we both believe that the surge of recent months to a high of US$3,500/ounce recently is just the beginning, as 1. Gold regains a role as a monetary and reserve asset, 2. Gold plays catch-up with the far greater surge in DEBTS and 3. Inevitably, western investors pile back in one of these days (as, we remind you, was he case somewhat in the 2009-2011 precious metals boomlet.)

Other resources:

For a great recent dive into Seabridge, check out https://www.youtube.com/watch?v=48OsXtdGag0 -- this was a conversation with Rudi Fronk and Trey Reik which went into added details on Seabridge, especially KSM.

Another good recent overview of both the gold market and Seabridge itself was delivered by both Fronk and Co-Founder Jim Anthony recently on RedCloud TV -- see https://www.youtube.com/watch?v=I6XqPxhO4h0

Notwithstanding the impressive stock chart you'll see here (US Gold Corp.'s shares have about quadrupled now from their late 2023 low) you'll hear from Luke and Chris here that a LOT of upside remains!

The economics of this Wyoming-based gold and copper project are as solid as they come; together with the many other advantages of operating in such a mining-friendly state. And even with updated Prefeasibility numbers that were released back in February, the company by all appearances continues to vastly understate the economics here, suggesting even more that USAU shares as we approach likely financing and construction decisions early next year will likely re-rate much higher again.

Add in two "lottery tickets" you essentially get for free with US Gold shares, and this is as compelling and solid a story as ever!

North Peak Resources (TSXV-NPR; OTC-BTLLF) is my newest recommendation in the gold (primarily, but with silver, zinc and other potential also) exploration arean.

And when you listen to this discussion with C.E.O. Rupert Williams, you'll know why!

Few stories combine the kind of management, past successes (multiple billions of dollars created for shareholders), location, geology and all the rest as does North Peak with its key asset: Prospect Mountain, in Nevada's Eureka Trend.

This is an astonishing story of a major play--bordered by two major high-profile companies with massive exploration success of their own already--that was "frozen in time" for decades as I have described it in first bringing it to our Members. Now, fresh eyes, money and expertise seek to unlock the potential here!

Des O'Kell is back once again following our broader look at Canada's energy sector (see https://www.youtube.com/watch?v=MNSLZtFh45A for that earlier conversation of several days ago.)

This go-round he updates us on Enterprise Group (TSE-E; OTCQB-ETOLF) itself. The company is presently about 10-fold higher than at its bear market bottom; but as we discuss, it's as compelling NOW as it was then, given Enterprise's newly-accelerating financial performance and the far more constructive environment in Canada.

Here, I'm joined once again by my old friend Scott Melbye: V.P. of Uranium Energy Corp. (NYSEArca-UEC) and C.E.O. of Uranium Royalty Corp. (NASD-UROY).

For present purposes, he's first and foremost the head of the Uranium Producers of America (see https://theupa.org/) and THE top expert on the industry in the U.S.

Thus, we take an assessment of a resurgent sector as we hit the halfway mark of 2025; one bolstered anew by a flurry of Executive Orders from President Trump in recent weeks (see https://www.energy.gov/ne/articles/9-key-takeaways-president-trumps-executive-orders-nuclear-energy) as well as the very recent new buying binge by Sprott which has served as a wake-up call to what had been a sleepy spot market for uranium itself.

BIG and exciting things are coming!

Here, Chris visits once again with BioLargo C.E.O. -- and U.S. Department of Commerce Advisor -- Dennis Calvert on the heels of major news for the company announced on June 18.

On that day (see https://feeds.issuerdirect.com/news-release.html?newsid=8834667091814217&symbol=BLGO) it was announced that a third-party evaluation has confirmed key advantages for its Cellinity battery technology's use in grid-scale battery energy storage applications.

This positions the company and its Oak Ridge, Tennessee-based R&D efforts especially well to move on toward final testing, commercialization and all the rest as BioLargo's energy and engineering subsidiaries seek to carve out a piece of the HUGE and growing market need for safe, efficient energy storage technology.

This is uber-EXCITING NEWS! -- And herein, we get into a lot of different nuances to this story in a fast-paced conversation with numerous graphics.

OTHER LINKS:

BioLargo Energy Technologies' specific web site: https://www.biolargoenergy.com/

My other new interview of Calvert (this, primarily on his roles with the Commerce Dept.) -- https://www.youtube.com/watch?v=N33ocpJQc8U

In this episode, I am joined by long-time friend and returning guest Des O'Kell, President of Canadian energy service, logistics and equipment provider Enterprise Group, Inc. (TSX-E; OTCQB-ETOLF).

Here, we visit about the enormous opportunity for Canada as a nation--and for investors in these stories--as the country's energy sector continues to gain momentum.

As Enterprise shareholders already have enjoyed over the last few years, BIG profits have already been logged in the best stories; yet the best of the overall sector's fortunes are quite possibly still to come!

We discuss many aspects of this: Canada's superior economics, still-low valuations versus peers in the U.S. and elsewhere, a likely wave of acquisitions to come...even down to many of the logistical and even weather-related advantages Canada enjoys!

And Yours truly once again stresses the especially outsized investment potential for U.S. investors in Canadian energy.