The stock market has topped out and is headed down.The Dow Jones Industrial Average peaked at 45,014 on December 4, 2024, and was at 41,911 by March 10, 2025, down 3,101 points or 6.9% in just over three months.The S&P 500 Index peaked at 6,130 on February 18, 2025, and was at 5,614 on March 10, 2025, down 516 points or 8.4% in less than one month.The NASDAQ Composite Index peaked at 20,174 on...Read More
Trump's economic team continues to signal that hard times are coming.Scott Bessent, Trump's Treasury Secretary, has made a flurry of recent media appearances. And he's setting expectations low.Bessent recently admitted to CNBC that America has "become addicted to government spending, and there's going to be a detox period".A detox period, you say? Hmmm.More recent commentary from Bessent:Could we...Read More
Not long ago, I had lunch with someone who currently has over $100 billion (yes, billion with a "b") outstanding on capital projects.Through his contracts and spending power, this guy buys steel by the tens of thousands of tons. Along the way, he moves aluminum and copper markets. Beyond basic metals, he procures train cars filled with machinery, electrical equipment and much else.Indeed, this man...Read More
The reasons range from the deposit type to the silver price forecast, two experts said. Keep reading to discover what all they like about this story.Silver47 Exploration Corp. (AGA:TSX.V; AAGAF:OTCQB) just began trading on the OTCQB Venture Market under the ticker symbol AAGAF, a significant event that exposes the company to the U.S. market and expands its investor base and noted a news release. T...Read More
The rebranding of the company to Copper Quest Exploration Inc. is the final step of an 8-month effort in corporate restructuring and acquisition period. Learn more about the company's chief focus going forward and its set of properties.The name Copper Quest Exploration Inc. ("Copper Quest") and the Canadian Stock Exchange ("CSE") ticker symbol CQX have replaced Interra Copper Corp. and IMCX, respe...Read More
Michael Ballanger of GGM Advisory Inc. shares his view on where the market is headed and explains current movements in his trading account. U.S. Dollar Index futures are up 0.21% to 103.807, while the 10-year bond yield is up 0.37% to 4.332%, and the 30-year bond yield is up 0.41$ to 4.650%.Gold (+0.28%) is up, while silver (-0.58%), oil (-0.62%), and copper (-0.42%) are all lower.The DJIA futures...Read More
On Tuesday, Speaker of the House Mike Johnson presided over President Trump's address to a joint session of Congress. He was seated on the podium next to Vice President JD Vance, acting in his capacity as president of the U.S. Senate. President Trump stood in front of them facing the cameras and the world. This is the kind of environment he thrives in.On the House floor, in addition to the members...Read More
First Mining Gold Corp. (FF:TSX) has launched its largest drill campaign yet at the Duparquet gold project, targeting resource expansion and new discoveries. With 18,000 meters planned, how could this reshape the project's potential?First Mining Gold Corp. (FF:TSX; FFMGF:OTCMKTS; FMG:FRA) has announced the commencement of its 2025 exploration program at the Duparquet gold project in Quebec's Abiti...Read More
The Donald wants his prize: Greenland. Unlike his first term, when everyone ignored him, this time everyone's taking him quite seriously. Why is that? Because they understand now that Trump isn't daydreaming about owning the world. They know Greenland is a serious way to secure the North Atlantic.A Warming Arctic, A Growing OpportunityThe Arctic is ice-free for more of the year than ever, which ha...Read More
Of greatest interest to us among Donald Trump's long list was his promise to balance the budget."And in the near future, I want to do what has not been done in 24 years: balance the federal budget...We are going to balance it."Many are the minor issues, imbecilities and annoyances of modern American government. But a $36 trillion debt is something else. If we don't stop the smoke; we'll see the fl...Read More
Headlines blamed yesterday's crash on Trump. It's the tariffs!But I have a much simpler explanation: U.S. stocks have never been so overvalued. With stocks trading at nosebleed valuations, almost anything could catalyze a crash.Sure, tariffs played a role, but the underlying problem is the bubble itself. American stocks are priced for perfection, so anything less than that is bound to disappoint.I...Read More
A while ago, I wrote that Donald Trump embodies both mercantilism abroad and libertarianism at home. My views have evolved. After nearly two months of Trump 47, I'd add another layer to the mix: fascism.Now, before you hurl your phone across the room, let me clarify I'm not parroting the looney left who slap "fascist" on anything they don't like. I'm talking old-school, Il Duce fascism, which is...Read More
Gold and silver mining companies emerged as exceptional performers during Tuesday's volatile trading session, Robert Sinn of Goldfinger Capital writers in a market update.Markets have experienced tremendous turbulence in recent weeks. For equities, this journey has predominantly trended downward, nearly resembling a precipitous collapse for stocks such as COIN and TSLA.This morning, I had the chan...Read More
Outcrop Silver & Gold Corp.'s (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) latest high-grade discovery at Los Mangos expands the Santa Ana project's potential. Drilling results signal more to come as investors look ahead.Outcrop Silver & Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DB) has reported a high-grade silver-gold discovery at Los Mangos, located four kilometers south of its previous La Ye discovery wit...Read More
Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announces new drilling results that significantly extend the Halo zone at its Quesnelle Gold-Quartz Mine in British Columbia by 100 meters to the northwest. Read why one analyst thinks the stock will soon see a bull market.Golden Cariboo Resources Ltd. (GCC:CSE; GCCFF:OTC; A0RLEP:WKN; 3TZ:FSE) announced new drilling results th...Read More
In 2000, Sun Microsystems was one of the hottest stocks in the world.Sun seemed to have everything going for it. They were a leader in computer hardware, and offered cutting-edge software solutions. They were an integral part of the fast-growing internet ecosystem.Shares soared from $5 to $64 at the peak in 2000. The company's market cap reached $200 billion, and the price/sales ratio reached 10x...Read More
Recession signals are becoming hard to ignore.On Monday, JPMorgan economists raised their risk of recession to 40%. Big banks are typically bullish to a fault, so this is noteworthy.Meanwhile, a recent poll revealed that more than half of Americans have less than $500 in savings.And Walmart CEO Doug McMillon just made worrying comments about consumer behavior. From his recent speech at the Economi...Read More
The latest drilling at Iska Iska by Eloro Resources Ltd. (ELO:TSX.V; ELRRF:OTCBB) has returned the highest-grade silver intersection to date, reinforcing the project's potential. Further results could reveal even more untapped mineralization. Read more.Eloro Resources Ltd. (ELO:TSX.V; ELRRF:OTCBB) has reported the highest-grade silver intersection recorded to date at its Iska Iska silver-tin polym...Read More
Barry Dawes of Martin Place Securities shares his thoughts on the current state of the market, taking a close look at gold and silver.Well, it is now finally happening. That 16-year bear market for gold against stocks is finally over. Also, the 16-year bear market of gold stocks against gold is over.All that misery for the holders of small-cap resource companies is now ending. We all know the valu...Read More
Over the weekend, President Trump's Department of Government Efficiency head Elon Musk made quite a stir with just two words posted on his social media platform, X. Responding to a post that, "It's time to leave NATO and the UN," Musk replied, "I agree." The comment immediately made the rounds on social media and also on mainstream and alternative media.Was this the Elon Musk who owns X speaking,...Read More