In Tuesday's Rude Awakening edition, I wrote about how Donald Trump seems to be melding mercantilism and libertarianism into his strange brew. Libertarianism is for his domestic policy, and mercantilism is for his foreign policy.That got me thinking about another head of state who had two different personalities: one kindly face for his beloved domestic subjects and one utterly evil face for his f...Read More
With just 2 months left in office, President Biden and his handlers have decided to poke the bear once again.The New York Times reports that the Biden admin has given Ukraine the greenlight to strike deep into Russian territory using American missiles. The new rules will apparently allow Ukraine to strike into the Kursk region of Russia, where Ukraine has invaded, and possibly beyond.On Tuesday, t...Read More
In 2023, global silver production was approximately 26,000 metric tons. During the same period, gold production was around 3,000 metric tons.So 8.6x more silver is mined annually than gold. Yet gold trades at about 86x the price of silver today ($2,633/oz for gold and $30.60/oz for silver).What explains this disconnect? The primary differentiator is the fact that central banks buy and hold large q...Read More
Melt-up season is upon us and stocks are posting big moves... in both directions!The sharp election rally has given way to some volatility as investors digest the moves, fill some gaps, and nervously wait to see what stocks and sectors bounce first.It's easy to start feeling a little bearish here. The percentage of S&P components above their respective 50-day moving averages recently slipped b...Read More
The market melt-up is in full force as we enjoy the Thanksgiving trading week.This is easily my favorite holiday. I get a midweek break in the market action filled with food, family, and football without the added stress of exchanging gifts and all the cleanup that comes after a busy Christmas morning with the kids...This year, the vibes couldn't be more bullish. The crypto and market bulls have...Read More
Before we get into today's article, I sat down this week with my good friend and Rude Contributing Editor Byron King to get his views on the escalation between Russia and Ukraine, primarily thanks to a reckless Biden administration and the insane lust for war.When the Biden administration recently authorized Ukraine to use U.S.-supplied long-range MGM-140 Army Tactical Missile Systems (ATACMS) mis...Read More
As we float in the trough following the first wave of inflation, bracing for the next, it seems an excellent time to review a few alternative inflation hedges.Today we’ll examine the benefits of owning firearms, farmland, and fixed-rate mortgages during inflationary periods. Let's get started.Inflation Hedge No. 1: FirearmsI've honed my "firearms as a hedge" pitch to perfection. I've found t...Read More
Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) announced that due to strong investor demand, it has increased its best-efforts marketed equity private placement to up to CA$10 million. Industry analysts see plenty of upside in the stock; read to find out why.Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) announced that due to strong investor demand, it has increased its best-efforts ma...Read More
I bought some Dogecoin the other day.If that sounds a little crazy to you, don't worry. I'm not feeling like the world's most sophisticated trader when my phone buzzes with DOGE price alerts.The reality of this trade sounds ridiculous when you spell it out: I bought a small amount (about 10% of what I would consider a full-size position) of crypto that was started as a joke and infamously evolved...Read More
With the 2024 election in the rearview mirror and Donald Trump set to take office on January 20, 2025, what will his second term mean for America?Let's review the good, the bad and the ugly to prepare you for what's coming:The GoodTrump will pursue a twenty-first-century version of what was originally known as the American System. This system relied on the following policies:High tariffs to suppor...Read More
We continue to climb steadily up the World War III escalation ladder.Last week, Biden foolishly gave Ukraine the green light to strike deep into Russian territory using U.S. missiles.Now Russia has responded, as Putin promised they would.On November 21st Russia launched a new hypersonic missile known as the Oreshnik. It is a unique weapon designed to send a clear message.The Oreshnik utilizes a sy...Read More
Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial and operational results for the third quarter. Learn more about the latest financial highlights and operational updates driving future growth.Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced its financial and operational results for the third quarter. The company reported revenue of US$22.4 million for t...Read More
Now that the election is in the rearview mirror, the focus now turns to what the next four years are going to look like in a second Trump term. From all indications, things will not be business as usual.Trump Turns The TablesAfter being inaugurated as president in 2009, Barack Obama met with congressional Republicans to discuss his economic plans. There was a lot of complaining and pushback from t...Read More
This latest batch returned grades and widths equivalent to those of the existing resource, noted a BMO Capital Markets report.Dakota Gold Corp. (DC:NYSE American) announced results of 13 infill and stepout holes, which were positive, drilled as part of the 2024 program at its Richmond Hill project in South Dakota, reported BMO Capital Markets analyst Andrew Mikitchook in a Nov. 26 research note.17...Read More
Michael Ballanger of GGM Advisory Inc. shares an overview of his thoughts on the market as we move toward 2025.Every year since the mid-80s, I have used the American Thanksgiving weekend to reflect back on the year of trading with a view to highlighting the moves that worked and lowlighting those that did not. In my trading arsenal, I normally use gold, volatility, stock index options, and junior...Read More
Newsletter Writer Stewart Thomson explains why he thinks a new bull cycle for junior minors is starting and shares some stocks he has been keeping an eye on.Is a new bull cycle for the junior miners starting now? Evidence is growing that this may be the case, and to view a key chart highlighting the action...The 5- year cycle for the CDNX has a solid (but not perfect) track record and a major cycl...Read More
A challenge of Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.MKT) "Substantially Started" (SS) status for its KSM project in British Columbia is not "a significant risk to the project or the designation," RBC Capital Markets Analyst Michael Siperco writes. The company continues to look for a possible partner for its massive Golden Triangle project.A challenge of Seabridge Gold Inc.'s (SEA:TSX; SA:NYSE.M...Read More
Goldshore Resources Inc. (TSXV: GSHR; OTCQB: GSHRF ; FWB: 8X00) has announced the awarding of contracts for its upcoming winter exploration programs at the Moss Gold Project in Ontario. Find out how these strategic programs aim to expand resources, improve project economics, and uncover new gold targets in one of Ontario's most promising gold districts.Goldshore Resources Inc. (TSXV: GSHR; OTCQB:...Read More
"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria."-John Templeton, legendary mutual fund managerIn 2006, I asked a realtor friend if we were in a housing bubble.He assured me that everything was fine. Defaults were low - and this is my favorite - "housing prices always go up".Back then, I didn't know that the Federal Reserve had intentionally created...Read More