Are we on the brink of an existential war between two nuclear-armed powers? I don't refer to the U.S. and China over Taiwan nor the U.S. and Russia over Ukraine. I'm referring to India and Pakistan. That's the most dangerous corner of the world today. And the answer to the existential question is yes.The immediate cause of the new war between India and Pakistan involving the disputed regions of Ja...Read More
Last week, Moody's Ratings lowered the United States credit rating. Fitch Ratings and S&P Global Ratings had already lowered the US rating. This new downgrade was driven by Congress's failure to make any efforts to reduce the almost 37 trillion dollars national debt.When Moody's made its announcement, the House Budget Committee was scrambling to get the votes to pass legislation extending the...Read More
Imagine owning a car that paid for itself.A car that, when you don't need it, is out earning money as a taxi.This is the vision that Elon Musk has been pursuing, and promising to Tesla owners, since at least 2019.Now, Tesla is scheduled to launch its first fleet of "robotaxis" in Austin next month. That’s only weeks away.The performance of Tesla shares may depend on a successful launch of ro...Read More
"We want two large glasses of lemonade," said President Donald Trump to the bartender."This is a bar for British officers," replied the diminutive man behind the marble counter."That's alright," said Trump. "We are not particular."After a short, sharp, shouting match, a senior officer walked up and officiously demanded to know, "What's going on?"Trump stared at the bartender and sternly instructed...Read More
Wherever you are and whatever you're doing, I hope you have a Big, Beautiful Memorial Day weekend. The weather is what it is, so make the best of things. While banks and markets will be closed on Monday, with no regular mail delivery.It's always nice to have a three-day holiday but, at the risk of seeming preachy, don't forget everyone who works in stores and restaurants that remain open. That, an...Read More
My dear friends, I think you are in very big trouble. Whether you believe it or not, YOU ARE AT WAR. And you may lose this war very soon together with all your affluence and freedoms unless you start defending yourselves.-Yuri Bezmenov, 1984In 1970, a Soviet KGB agent named Yuri Bezmenov defected to the West. His story is fascinating. Yuri shared key details on how USSR propaganda and subversion w...Read More
Welcome to Trump's disruption world tour.If you think this is going to be quick?If you think this is going to be easy?Think again.If you think Trump cares about Wall Street?If you think Trump cares about the value of the U.S. Dollar?Maybe not.This is a total reboot of the world's monetary and trade order. Things are going to break.And at the risk of sounding like a broken golden record, there's an...Read More
The great Ben Franklin once said, "Money makes money. And the money that money makes, makes more money."This is the essence of a dividend reinvestment program (DRIP). When you own a stock that pays high dividends and reinvest them into more shares of that company, you're compounding.Eventually the additional shares earned through dividend repurchase surpass the original stake. In essence, the divi...Read More
I write you from Riyadh, Saudi Arabia, the home of Islam. Despite growing up in America as a Catholic, I've always loved the Middle East. That's down to my love for Indiana Jones and traveling through the region as a professional and tourist.I've taught here once and in Abu Dhabi many times. I've also traveled through Dubai, Qatar, Turkey, Egypt, Tunisia, and Morocco. The cuisine is delectable, an...Read More
On Friday, ratings agency Moody's finally downgraded America's credit rating from AAA to AA+.Yawn.A ratings downgrade is a classic lagging indicator. By the time it happens, the market already knows.And, no, the downgrade had nothing to do with Trump's tariffs. The other big ratings agencies downgraded U.S. credit long ago; S&P in 2011, and Fitch in 2023.Moody's appears to have delayed the ine...Read More
Newsletter writer Stewart Thomson addresses the question:Which gold stock might be the next big thing?Gold continues to look technically and fundamentally fabulous.Here's a look at the daily chart action, via the OUNZ ETF: A flag-like drifting rectangle is in play, and a breakout looks imminent.Note the phenomenal position of the key 14,7,7 series Stochastics oscillator at the bottom of the chart....Read More
Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) will be "shovel ready" after receiving two state permits, expected soon, noted a Cantor Fitzgerald report.Perpetua Resources Corp. (PPTA:TSX; PPTA:NASDAQ) received a Clean Water Section 404 permit for its 100%-owned past-producing Stibnite gold-antimony, open-pit project in Idaho, from the U.S. Army Corps of Engineers, reported Cantor Fitzgerald Ana...Read More
Technical Analyst Clive Maund explains why he thinks Sun Summit Minerals Corp. (SMN:TSXV; SMREF:OTCQB) could not be more attractive than it is now.Sun Summit Minerals Corp. (SMN:TSXV; SMREF:OTCQB) is regarded as an outstandingly attractive gold stock because the company is advancing two substantial gold projects in mining-friendly British Columbia, and it is in the "sweetest spot" of what is known...Read More
Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) will embark soon on another drill campaign at Golddigger. Founder and CEO Roger Rosmus and two experts separately discuss the highlights of the project and the company.Goliath Resources Ltd. (GOT:TSX.V; GOTRF:OTCQB; B4IF:FSE) will be mobilizing soon for "a fairly aggressive drill program again this year" at its Golddigger project in British...Read More
Our friend and colleague Jim Rickards was on Steve Bannon's War Room show Tuesday, and it may be the most important interview Jim has done this year.In this fascinating discussion, Jim starts with the history of the original petrodollar system. And he knows the subject well, having helped create it.The premise of the 1974 petrodollar agreement was that Saudi Arabia would only sell oil in dollars,...Read More
The Canadian company just kicked off the season's exploration work at its gold-antimony project in British Columbia with a 7,000-meter diamond drill campaign, noted an Atrium Research report.Endurance Gold Corp. (EDG:TSX.V; ENDGF:OTCQB; 3EG:FSE) intends to complete a maiden mineral resource estimate this year for its Reliance gold project in southern British Columbia (B.C.) and just launched its 2...Read More
West Point Gold Corp.'s (WPG:TSXV; WPGCF:OTCQB) latest drill holes confirm near-surface mineralization in Arizona's historic Oatman District. Read more about how this could shape their next breakout move.West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) has released additional drill results from its ongoing reverse circulation drill program at the Tyro Main Zone, part of the Gold Chain Project in nort...Read More
It may seem odd to hate a stock index. After all, it's just a model of company shares used by fund managers to build ETFs and mutual funds.But once you learn the truth about the Russell 2000 small cap index, you just might hate it too.Today we're going to explore why the Russell 2000 makes a bad foundation for any investment vehicle.Misleading Stats (at Best)Historically, small cap stocks tend to...Read More
Imagine a place with no income tax. Zero taxes on capital gains or dividends, either.Picture not paying any property taxes, and only having to worry about a 5% VAT (value added tax) on most purchases.This is the appeal of the United Arab Emirates (UAE). Due to the factors listed above, the UAE is becoming a hot destination for entrepreneurs and wealthy individuals from all over the world.The count...Read More
The private placement for NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) aims to drive exploration across its gold and antimony assets, tapping into rising demand for critical metals. Read more to find out how this funding supports high-grade drill targets and key milestones in Nevada and Idaho.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) has announced a brokered private placement to raise up to...Read More