Uranium trades in two markets: a spot price, quoted daily, and a long-term price that power utilities actually contract at. It reached about US$95 a pound by the end of June, its highest level since 2008, and now sits above the roughly US$85 spot price. Despite the radioactive conversation about nuclear power in Australia recently, demand is growing globally for uranium. The number Aitken is watching is the uranium term price. Charlie Aitken is investment director at Regal Partners, which holds positions in uranium, gold and a number of the other sectors discussed.