Today, we'll ponder the pursuit of honest money and wealth protection in a culture that, more and more, is built on a foundation of untruth, misdirection and outright lies.First, we need to consider lawfare. That's a combination of law and warfare. Instead of one side attacking the other with armies of soldiers, the assault comes via armies of lawyers. And instead of operational movements on a bat...Read More
Michael Ballanger of GGM Advisory Inc. takes a look at the current state of the stock market, specifically the junior mining sector, comparing it to a frenzy of sharks. He also shares some stocks on his list he believe may be worth looking into.I was watching a National Geographic special a few nights ago featuring the behavior of sharks in all sorts of circumstances, including long-range hunting...Read More
Send in the National Guard! Tech stocks are red! The tech sector plummeted nearly 2.5% on Monday following weeks of melt-up action. And the main culprits were some of the same stocks responsible for dragging the averages higher this year, specifically the semiconductors.The VanEck Vectors Semiconductor ETF (SMH) continues to fill those gaps, dropping more than 3.4% yesterday its third straight d...Read More
Since the start of the war in Ukraine, I've been warning about the dangers of escalation between the U.S. and Russia. We may be about to take a serious step up the escalation ladder.On Sunday, Ukraine launched an attack on Crimea with U.S.-supplied Army Tactical Missile System (ATACMS) missiles. The target was likely a military installation, quite possibly a Russian airbase.It appears that five AT...Read More
Maybe you've heard that your search results on Google reflect not your curiosities and needs but someone or something else's views on what you need to know.And on Facebook, you're likely inundated by links to official sources to correct any errors you might carry in your head, as well as links to corrections to posts as made by any number of fact-checking organizations.You've likely also heard of...Read More
There's been so much happening over the past 24 hours that it's hard to keep up. The Supreme Court has been releasing several key rulings that will have a major impact on American politics.Just this morning, they overturned the so-called Chevron deference that’s been in operation since the 1980s. Chevron handed the federal bureaucracy extensive authority to interpret statutes as it sees fit....Read More
A Martian gazing down from his red perch Mr. Warren Buffett once razzed would marvel that Earthlings dig gold from the ground... merely to re-entomb it in vaults.That is, the business is senseless. It is pointless. It is juiceless.At first blush, our space man is justly puzzled. Why indeed would humans shovel up hunks of metal merely to lock them away, idle?Yet the Martian and the Nebraskan...Read More
You've probably heard that the U.S. economy is heavily "financialized." What does that really mean? What is financialization?It's a big topic and not very well defined. It can refer to the dominance of financial activity over traditional business activity in goods and services. It can refer to market bubbles. It can refer to the use of financial instruments in non-traditional arenas such as warfar...Read More
An astute reader asked me to clarify the difference between individual sacrifice and shared sacrifice in the context of the Common Good, which as he rightly noted, dictatorships use as the justification for oppressive enforcement of a regime that benefits the few at the expense of the many.In a democracy with a free economy, the Common Good is the responsibility of the citizenry, not a dictatorshi...Read More
Joke Biden didn't invent inflation. But he inadvertently attached his name to it, much like Jimmy Carter did in the 1970s.A few months ago, Greg Ip wrote the most condescendingly asinine article The Wall Street Journal ever had the misfortune to publish. In "What's Wrong With the Economy? It's You, Not the Data," Ip alleged The Great Unwashed(TM) were too stupid to realize how good everything was...Read More
Graphite One Inc. (GPH:TSX.V; GPHOF:OTCQX) has officially launched its 2024 Field Program at the Graphite Creek Property, situated north of Nome, Alaska. See how this and the results of recent drilling programs play into the company's future.Graphite One Inc. (GPH:TSX.V; GPHOF:OTCQX) has officially launched its 2024 Field Program at the Graphite Creek Property, situated north of Nome, Alaska. The...Read More
Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF ; FWB: 8X00) announced the commencement of its 2,500-meter summer drilling program at the Moss Gold Project. With drilling underway, what does this mean for Goldshore's future plans?Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF ; FWB: 8X00) announced the commencement of its 2,500-meter summer drilling program at the Moss Gold Project. This ne...Read More
One hundred and three steps. That's how much I had to climb to bring my grandpa his lunch every day at the ore dock.Marquette, Michigan is the hub of America's iron industry. It's where I grew up. My grandpa was the loadmaster at the town's famous ore dock. He spent his entire career working around iron from iron rails, to ore boats, to where he retired, in Marquette.Some 500 million tons of the...Read More
"What single word would you use to describe today's AI investment plays?" The question was posed to me as I sat in on a panel discussion with Jim Rickards, Byron King, Dan Amoss and a few other influential minds in the investment community at the famous (or infamous) Watergate Hotel in Washington, the heart of the swamp.As I'm sure you know, artificial intelligence (AI) has captured the attention...Read More
The PCE Index statisticswere released today, and you might wonder what impact they will have on theprice of gold.Let’s dig in.One might think that PCE is a criticaldriver of gold prices (and thus, you might be concerned with what the number isgoing to be), and there is some truth to it, but looking at how those reportshave indeed influenced gold price provides extra context to what...Read More
The PCE Index statisticswere released today, and you might wonder what impact they will have on theprice of gold.Let’s dig in.One might think that PCE is a criticaldriver of gold prices (and thus, you might be concerned with what the number isgoing to be), and there is some truth to it, but looking at how those reportshave indeed influenced gold price provides extra context to what...Read More
The gold miners willsoon report what will almost certainly prove their best quarter ever. Mostly due to Q2’s record-shattering goldprices, gold miners’ earnings should soar off the charts. Those will be further boosted by slightly-lowermining costs many of these companies are predicting. With such incredibly-strong fundamentals,more professional fund managers should s...Read More
The gold miners willsoon report what will almost certainly prove their best quarter ever. Mostly due to Q2’s record-shattering goldprices, gold miners’ earnings should soar off the charts. Those will be further boosted by slightly-lowermining costs many of these companies are predicting. With such incredibly-strong fundamentals,more professional fund managers should s...Read More
Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced it had added a second drilling rig after intersecting significant new mineralization while drilling at El Cura deposit area of its wholly owned Iberian Belt West (IBW) project in Spain. Find out why one analyst said there's room for the stock to grow.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJA:FSE) announced it had...Read More