Insights
Sprott Insights offers unique analyses and perspectives from the firm’s leading experts on key topics in precious metals and critical materials.
Interview
Where Is Spot Uranium Going?
John Ciampaglia, CEO of Sprott Asset Management, joins Jimmy Connor of Bloor Street Capital at the World Nuclear Symposium 2025. Ciampaglia highlights strong global investor interest in uranium, with both specialist and generalist funds viewing nuclear as a long-term growth story. He notes stabilizing uranium prices, lingering supply challenges and growing demand from utilities, AI and data centers.
Interview
Uranium: At the Fulcrum of AI, National Security and Global Energy Demand
John Ciampaglia, CEO of Sprott Asset Management, shares takeaways from the September 2025 World Nuclear Symposium. He highlights surging uranium demand from rising electricity needs, AI data centers and energy security concerns, plus growing tech ties such as Microsoft joining the World Nuclear Association. With supply still tight, Ciampaglia sees higher prices and new mining investment creating a strong backdrop for investors.
Interview
Uranium Outlook Mid-Year 2025
John Ciampaglia, CEO of Sprott Asset Management, joins James Connor at the Bloor Street Capital Virtual Uranium Conference to examine the current state of the uranium market. Ciampaglia highlights the market's V-shaped recovery since April and the improved investor sentiment following the absence of tariffs on uranium.
Shifting Energy
The White House’s Nuclear Push: What It Means for Uranium Opportunities
In this episode of Shifting Energy (Season 2), John Ciampaglia discusses the major policy shift under President Trump’s new executive orders, which aim to fast-track advanced nuclear technologies and revitalize the entire U.S. nuclear fuel cycle.
Interview
A Closer Look at Silver’s Strategic Value
Silver remains significantly undervalued despite strong fundamentals, including rising industrial demand and consistent annual supply deficits. Although gold has surged to new highs, silver’s price has lagged, influenced by its hybrid role as both a monetary and industrial metal amid global economic uncertainty.
Interview
Trump Tariffs: Disruption or Opportunity?
Are tariffs set to disrupt gold, silver and uranium markets? Find out how potential trade barriers could impact prices and create arbitrage opportunities. Kitco’s Senior Mining Editor and Anchor Paul Harris interviews John Ciampaglia, CEO of Sprott Asset Management, at the 2025 BMO Global Metals, Mining & Critical Minerals Conference.
Interview
Uranium Outlook for 2025
Sprott CEO John Ciampaglia remains bullish on the uranium markets, citing rising term prices, increased utility interest and the global nuclear renaissance fueled by clean energy needs and AI-driven power demands. Ciampaglia expects uranium prices to strengthen as pent-up demand grows, driven by reactor life extensions, new builds and geopolitical supply disruptions.
Interview
Gold Flows into Sprott Physical Gold Trust (PHYS)
John Ciampaglia, CEO of Sprott Asset Management, joins James Connor of Bloor Street Capital to discuss his 2025 outlook for gold. Ciampaglia discusses Sprott's flagship Physical Gold Trust and dives into why gold is a crucial financial asset and portfolio diversifier.
Investment Risks and Important Disclosure
Relative to other sectors, precious metals and natural resources investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Gold and precious metals are referred to with terms of art like "store of value," "safe haven" and "safe asset." These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.
Past performance is no guarantee of future results. You cannot invest directly in an index. Investments, commentary and opinions are unique and may not be reflective of any other Sprott entity or affiliate. Forward-looking language should not be construed as predictive. While third-party sources are believed to be reliable, Sprott makes no guarantee as to their accuracy or timeliness. This information does not constitute an offer or solicitation and may not be relied upon or considered to be the rendering of tax, legal, accounting or professional advice.