To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.comLobo Tiggre is the founder of the Independent Speculator, but you may know him by his pen name Louis James. He says, "People need to pay attention to the uranium market as this is the territory of ten-baggers." Uranium is a sector where there are few players, and the quality assets can go up by multiples when the uranium price moves. When it does, it moves mountains both literally and figuratively. Large parts of the world including China and India must use nuclear to keep the lights on, and even the United States gets 20% of its electrical needs from nuclear power. The fundamental reality of this market is that uranium is not substitutable.Even in a worst-case scenario uranium still has to increase as it's below the cost of production. The largest producer in the world KazAtomProm is getting more aggressive with their pricing and Cameco's flagship uranium asset McArthur River has been shut down. Both companies realize the economics of the situation.Many analysts see $60 as an incentive price for uranium production to increase. He says, "I don't want to count on crazy prices, I want to minimize the risk and see projects that work at lower prices. You don't have to have crazy prices to win on uranium." There are strong signals that the market wants to go higher.He names two picks for the exploration space. He is also bullish on vanadium as that story is solid and is often found along with uranium deposits.