The U.S. dollar remains the king of currencies. For now, at least.The greenback's share of global foreign exchange reserves sits around 58%. However, back in 2000 the dollar was even more dominant with a 72% market share.Meanwhile China's yuan only makes up about 2.2% of global forex reserves, but that's up from 1.1% in 2016. The currency's share of global payments is higher at around 4.7%.China's...Read More
"Death is not something to be feared. It is just a part of life," the priest explained.We were listening to the funeral oration for one of our workers who died suddenly last week. A young man, he got pneumonia… and then, on the way to the hospital, died of a heart attack."We do not fear death," the Padre continued. "Because God let his only son die. We follow his example. And we do so in the...Read More
Using AI can be magical. It has helped me understand obscure investment concepts which aren't covered well anywhere else.It has shown my son exactly how to do a geometry problem, so I don't have to relearn something forgotten 30 years ago.AI has helped me understand legal contracts which previously would have required paying a lawyer hundreds of dollars per hour.Magical.At other times, it becomes...Read More
Warren Buffett, the Oracle of Omaha, is facing a peculiar problem these days: he has too much cash.Berkshire Hathaway is sitting on an eye-watering $325 billion in dry powder, a record high. Historically, Buffett has always been eager to deploy capital when the odds are in his favor. But today, even he admits he’s struggling to find value in this overvalued market.Which leads to a fascinatin...Read More
News this week that Elon Musk will soon be departing his "Department of Government Efficiency" (DOGE) is a grim reminder of what happens when you challenge big spending DC. Unfortunately, the lesson once again is that when you challenge the empire, the empire eventually strikes back.President Trump rode into office with the help of Elon Musk's ambitious plan to cut two trillion dollars in spending...Read More
In the 1975 sci-fi story A Song for Lya, two officials are sent to the planet Shkeen to investigate a grotesque alien parasite known as the Greeksha.The Greeksha is a gelatinous, oozing lifeform which attaches itself to human skin.The investigators are surprised to learn that natives of the planet willingly infect themselves, reporting a deep sense of joy, divine peace, and unity once bound togeth...Read More
Tech stocks have staged an impressive comeback since their recent mini-crash.Is the dip over? Back to normal, with the Mag 7 once again taking center stage?Not so fast.American tech stocks face a number of challenges which could stop a new bull market in its tracks.The risk we're going to discuss today is the possibility of another surge in Chinese AI technology.You may recall that earlier this ye...Read More
Time flies. We're at the 100th day of President Trump's second term.One piece of good news is that America's southern border is as secure as it's ever been in modern times. Trump and his people fixed that wide-open, Biden-era problem quite fast, by the novel approach of applying existing law. Amazing! Who knew?Now the country doesn't have to deal with 10-15,000 new arrivals every day, unknown, un-...Read More
With so much attention focused on U.S. stock markets, it seems timely to pivot away from stocks for the moment and consider the global perspective. Globalization may be dying in terms of trade and supply chains, but financial markets are inextricably linked in ways that relatively few understand.King Dollar Still RulesThe dollar still dominates the global financial system despite the cracks in the...Read More
During President Trump's first term in office, he made good progress on building the Keystone XL pipeline.Biden ruined it.This energy artery would have brought 830,000 barrels of oil per day from Canada's Alberta region down to the American Midwest. It would have eliminated the need for costly and dangerous rail transport, lowered energy costs, and created high-paying jobs.But Keystone XL was held...Read More
MAG Silver Corp. (MAG:TSX; MAG:NYSE American) recently released strong first-quarter production figures, according to a research note from ROTH Capital Markets.In a recently published research report dated April 28, 2025, ROTH Capital Partners analyst Joe Reagor maintained a Neutral rating on MAG Silver Corp. (MAG:TSX; MAG:NYSE American), with an unchanged price target of US$16.00 per share. With...Read More
Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) on Thursday announced that "significant potential" exists for co-product critical minerals at its flagship La Plata copper-silver-gold-platinum group elements (PGE) project in southwestern Colorado. Read why one newsletter writer thinks the stock is gaining momentum.Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) on Thursday announced that "signifi...Read More
It's a subject we analyze continually, and we have recommended gold as part of a sound investment portfolio for years. Today the dollar price of gold is hovering near all-time highs over $3,300 per ounce.Gold has been on a tear lately. It was $1,830 as of October 5, 2023. At today's prices, that marks a 75% surge in just 18 months. Gold has outperformed stocks by a wide margin this year, but it ha...Read More
Technical Analyst Clive Maund explains why he thinks Kobrea Exploration Corp. (KBX:TSX; KBXFF:OTCQB; F31:FSE) is an Immediate Strong Buy.For both fundamental and technical reasons, Kobrea Exploration Corp. (KBX:TSX; KBXFF:OTCQB; F31:FSE) is looking most attractive at this juncture. The company's stock has dropped heavily in recent weeks. There is no news out of the company to account for this and...Read More
Emerita Resources Corp.'s (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) updated Iberian Belt West resource shows big gains in zinc, copper, gold, and silver, boosting growth potential across its Spain projects. Read more to explore how drilling, metallurgical advances, and new exploration permits are driving momentum.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) has filed its independent NI 43-1...Read More
Technical Analyst Clive Maund explains why he believes it is a good point to add to a position in Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5).Giant Mining Corp. (CSE: BFG; OTC:BFGFF; FWB:YW5) is moving forward with the exploration and development of its Majuba Hill copper-gold-silver project in Nevada and its stock is arriving at strong support above its cyclical lows of last November and De...Read More
New Found Gold Corp.'s (NFG:TSX.V; NFGC:NYSE.American) gold endowment at its Queensway project is expected to be more on the scale of the Fosterville deposit in Australia. Read on for more about this Canadian asset and analysts' bullish stance on the company's stock.New Found Gold Corp.'s (NFG:TSX.V; NFGC:NYSE.American) recently announced 2,000,000 ounce (2 Moz) gold resource at its Queensway proj...Read More
Granite Creek Copper Ltd. (GCX:TSX.V; GCXXF:OTCQB) sells its hydrogen assets to pursue high-grade copper-gold potential in Yukon's Minto Belt. Read more to find out why.Granite Creek Copper Ltd. (GCX:TSX.V; GCXXF:OTCQB) has entered into a definitive agreement to divest its wholly owned subsidiary, Element One Hydrogen Corp., to Buscando Resources Corp. (CSE: BRCO). The transaction includes the Uni...Read More
Newsletter writer Stewart Thomson addresses the question:Is the CDNX index chart now the most exciting chart in the world?It's an interesting time for markets, with the dollar index arriving at key support of 100 (par), gold in the throes of its first decent pullback since back in 2023, the GDX ETF recoiling from round number $50 resistance, and. . . The CDNX junior stocks index perhaps looks the...Read More
Charlie Munger, Berkshire Hathaway’s late Vice Chairman and Warren Buffett’s longtime bosom buddy, achieved legendary status in investing circles. But Munger's genius doesn't rest in poring over spreadsheets or stock-picking scanners. Instead, he's famous for using "mental models" guiding principles and ways of thinking that he's curated from a broad spectrum of disciplines.Munger's...Read More