Is the Chinese economy collapsing? Or is something worse waiting in the wings? The short answer is that we could be looking at something much worse than a crashing economy. China could be part of a collapse of the global monetary system.We'll begin the analysis with the latest official economic releases from China. These releases showed some of the weakest performance by the Chinese economy since...Read More
Over the past year, I've written no less than 15 newsletters dedicated to silver.To say it's one of my favorite assets is an understatement.The combination of booming industrial usage and rising investor demand has created a perfect storm for poor man's gold.And this unique metal is doing quite well, up 72% year-to-date despite the recent pullback. But don't let that price rise fool you, this bull...Read More
I've used OpenAI's ChatGPT almost daily since it launched in late 2022.It's been a valuable research assistant, and I also use it to make the images at the top of these letters.But suddenly ChatGPT has major competition. Google just released their latest model, Gemini 3.Gemini 3 has taken a lead on AI benchmarks, a set of tests which grade the performance of models.And Google's new image creation...Read More
'Perhaps there is still time to defeat history.'-Daniel OliverMr. Oliver must be an unreconstructed optimist. An un-mugged Democrat. A man enjoying his first vote...or his second marriage.The history he is referring to is the one we know so well. It is the history of booms and busts...and of great nations laid low by the 'fatal conceit' of their leaders.All bubbles burst.All paper currencies becom...Read More
"Can I help you, sir?" The young guy behind the counter was very polite."Yes, please," I replied."I'd like a couple of those salmon filets," and I pointed to a tray behind the glass.Salmon filets. Courtesy the Fresh Market store."Absolutely," said the man. "Great choice, by the way," he added.I smiled. "You sound like the server in a restaurant. Whatever you order, they say 'Great choice.' I guess...Read More
On October 31, 2025, the U.S. government agreed to arrange financing of $80 billion for Westinghouse Electric's new nuclear reactors. This is a huge deal for Westinghouse' owners, giant uranium miner Cameco (NYSE: CCJ) and Brookfield Renewable Partners (NYSE: BEP).The deal's announcement sent Cameco's shares soaring, as you can see here:Under the agreement with Westinghouse Electric, the U.S. gove...Read More
If I looked you in the eye and told you the Rocky Mountains don't exist, you'd think I was crazy.But give me time, and I could make you believe it.I wouldn't need threats or force. I wouldn't really even need a good argument.All I'd need is steady, confident repetition. The kind that comes from the voices you already trust.Say, you lived out on the eastern plains of Colorado. The land is flat and...Read More
The story of the world's first IPO is a wild one.The Dutch East India Company (VOC) was founded in Amsterdam in 1602. Over the next hundred years, the VOC would dominate trade with Asia, wage multiple wars, commit genocide, and build monopolies. Along the way they sold gobs of spices, silks, and opium.But before all of that could happen, the VOC's founders needed to raise money. So in 1602 the Dut...Read More
Last week's surprise release of a draft Ukraine war peace plan has raised hopes that the nearly three-year bloody conflict may finally come to an end. Ukraine has suffered horrible losses that may change the demographics of that country for decades to come.If this peace plan can be negotiated in a way that satisfies all sides and the guns finally go silent, I will be the first to cheer. However, t...Read More
Newsletter writer Stewart Thomson addresses the question:Is outperforming the Indexes the best plan for investors? Most amateur investors feel they need to be on a quest to outperform the indexes. For example, if the Nasdaq rises 20% in a year, they feel they need to make more with their own portfolios.There are times when this "We must outperform the indexes" approach is valid, and others (a lot...Read More
Jamie Hyland explains why he likes Golden Sky Minerals Corp. (AUEN:TSX.V; LCKYF:OTC) and thinsk it represents one of the more compelling early-stage copper-gold exploration opportunities in Canada. Copper and gold sit at the center of two overlapping stories: the global energy transition and the ongoing search for monetary safety. As capital rotates back toward hard assets, investors are increasi...Read More
Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) has reported its strongest assay to date from the Creek Zone at the JD Project, with 81.0 meters grading 4.80 g/t gold. The company says the interval extends high-grade mineralization to 150 meters below surface and confirms large-scale potential in the Toodoggone District. Sun Summit Minerals Corp. (SMN:TSX.V; SMREF:OTCQB) has released final ass...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and explains why he thinks Fitzroy Minerals Inc. (FTZ:TSX.V; FTZFF:OTCQB) might be the stock to be in. Undoubtedly, anyone over the age of 60 has had the opportunity to witness some truly remarkable sporting events, and within those events, some truly remarkable athletes. There have been memorable playo...Read More
Global Analyst Adrian Day reviews recent developments at several of his companies, including more speculation around Barrick, a reserve expansion, and another move by Tether. Barrick Mining Corp. (ABX:TSX; B:NYSE) made management changes that would facilitate a split in the company, without any announcement to that effect. First, it formally moved Pueblo Viejo, its large joint venture mine in the...Read More
Coppernico Metals Inc. (TSX: COPR, OTCQB: CPPMF) has submitted a major permit expansion for its flagship Sombrero Project in Peru, to increase drill platforms nearly fivefold. The application aims to unlock access to high-priority copper-gold targets including Fierrazo, Tipicancha, and Escondida South. Coppernico Metals Inc. (COPR:TSX; CPPMF:OTCQB; 9l3:FSE) announced the formal submission of a se...Read More
Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA; DVQ:FSE) is concentrating on its wholly owned Kitsault Valley silver-gold (Ag+Au) project in the Golden Triangle of northwestern British Columbia, which boasts a total resource of 64 million ounces (Moz) of silver and 983,000 ounces of gold. Read how Raymond James Analyst Craig Stanley rates the stock. Dolly Varden Silver Corp. (DV:TSX.V; DVS:NYSEA;...Read More
West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) recently announced a management change as well as new assay results, which one newsletter writer notes as "promising." West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) entered the week with a decisive shift in direction: Quentin Mai has stepped down as CEO, and a new investor-driven leadership group has arrived. The company announced on November 10 that...Read More
As America enjoyed a long Thanksgiving weekend, something big was happening with silver.The precious metal jumped higher on Friday, rising almost $4 to around $55 per ounce. A fresh all-time high.Interestingly, in the middle of this incredible run, the CME futures exchange shut down completely. Apparently it was due to a cooling issue at a data center, but the timing does seem strange.Many preciou...Read More
My good friend and host of the No Way Out podcast, Mark McGrath, likes to call me the second-most famous Villanova graduate in Italy. Of course, the most famous one sits on the Throne of St. Peter and has this uncanny penchant for pissing me off.I had high hopes for Papa Leone, as we call him here in Italy. But time and again, from blessing ice blocks to condemning nation-states for enforcing bord...Read More