"We need a revolution every 200 years because all governments become stale and corrupt after 200 years." - Benjamin FranklinGood afternoon, my intrepid Energy and Capital readers. Thank you for joining me again today as we attempt to suss out the meaning of value, the economy, and Wall Street. Yesterday, we ventured down the hospitable and wholesome path of church picnics, politicians, and debt.We...Read More
WTFinance, Released on 5/24/23 (Recorded on 5/23/23)On todays episode of the WTFinance podcast I had the pleasure of welcoming back for a third time Dave Collum, Professor of Organic Chemistry and leading thinker on markets and the larger world around us. During our conversation we spoke about why markets seem to be performing despite negative news, how this is influenced by a small minority of co...Read More
Financial Survival Network, Released on 5/24/23Michael Pento believes that the Fed's rapid rate increases have caused a banking crisis, and that the Fed's actions have created an artificial construct that will lead to a deflationary recession/depression followed by runaway inflation. He predicts a 30-50% drop in equity averages and suggests investors play it safe by collecting dividends in a safe...Read More
Kitco News, Released on 5/24/23Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of VerifiedInvestingEducation.com, tells Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, that he is expecting the Federal Reserve to pause for longer than markets expect. This tightness, he claims, will lead to a stagflation. Soloway explains the implication of his thesis fo...Read More
Blockworks Macro, Released on 5/24/23On today's episode of On The Margin, Luke Gromen Founder & President of Forest for the Trees (FFTT) joins the show for a discussion on the end game for the Fed. After highlighting many of the structural shifts underpinning the current monetary system over the past few years, Luke lays out his thesis on the intersection between peak cheap energy and the U.S doll...Read More
Rich Dad Radio Show, Released on 5/24/23In this emergency podcast episode, Robert Kiyosaki and Andy Schectman discuss the potential risks of having money in regional banks. They explain that national banks are considered "too big to fail" and are backstopped by the federal reserve, while regional banks are not guaranteed to be bailed out in the event of a failure. The hosts emphasize the importanc...Read More
Wealthion, Released on 5/24/23There is no shortage of opinions out there about where the economy is headed right now. You'll find equally vocal advocates for a hard landing vs a soft landing. And a growing number saying there will be "no landing at all" and a new bull market lies ahead. When there are so many voices at odds with one another, it's useful to look closely at the data and take measure...Read More
Palisades Gold Radio, Released on 5/24/23David discusses how companies often reframe their results to be more "socially acceptable". During the tech bubble the game of earnings management evolved; analyst's influence drove the consensus estimates down and then, when the company beat the estimates, it painted a manipulated picture of their financial standing. David explains the effect that higher r...Read More
New York Post, Released on 5/24/23The University of Minnesota's website is no longer promoting a summer research program that excludes Continue... University of Minnesota backtracks on program that banned white students added by Herman James on 05/24/2023View all posts by Herman James ?+'Read More
Jim Rickards - Twitter, Released on 5/24/23Masks were stupid during the pandemic because they don't stop the spread of the virus. Continued use today is basically a crime accessory as the hoodie and mask crowd commit horrendous murders. Leave it to the Fauci fascists to help promote a crime wave.https://t.co/VbwZElkXzP- Jim Rickards (@JamesGRickards) May 24, 2023 Jim Rickards is a lawyer, inve...Read More
International Man, Released on 5/24/23Let me draw your attention to three truths that my friend Nick Giambruno has pointed out about money in bank accounts.Continue... Doug Casey on the Death of Privacy... and What Comes Next added by Herman James on 05/24/2023View all posts by Herman James ?+'Read More
End Wokeness - Twitter, Released on 5/24/23More on this story here: https://www.dailymail.co.uk/news/article-12117957/Black-Lives-MatterBLM raised $90 million just in 2020 and tens of millions since then Now the organization is on the verge of declaring bankruptcyWhere did all the money go?- End Wokeness (@EndWokeness) May 24, 2023 BLM is on the verge of declaring bankruptcy. Where did all the mon...Read More
CNBC, Released on 5/24/23Chinese state-sponsored hackers have compromised "critical" cyber infrastructure in a variety of industries, including government and communications organizations, Microsoft said Wednesday. U.S. intelligence agenciesContinue... Microsoft warns that China hackers attacked "critical" U.S. infrastructure added by Herman James on 05/24/2023View all posts by Herman James ?+'Read More
Chief executive Russell Fryer told Mining Journal that copper grades of an average 3% has piqued interest from three buyers; one interested in grades 1-2% oxide ore, another in 2-4% oxide ore and aRead More
Look beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesA positive set-up for gold and silver is fed by the confidence in central banks taking a hit following their misjudgment of i...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe package consists of a $46 million multi-metals stream expected to be funded in June and a commitment for a $21 million...Read More
"There's a real disconnect between the frenzy on the ground, versus what's happening in a very placid equity market," Viljoen said.Read More
With US politicians increasingly showing support for boosting production of homegrown copper, the USGS told Congress that it has not yet reached the status needed to be included on the US CriticalRead More
(IDEX Online) - The Natural Diamond Council (NDC) is backing the coins and bars produced by New York-base Diamond Standard as an investable asset.NDC says it will actively promote Diamond Standard products, showcasing them in jewelry stores through a retailer affiliates' program, and providing publicity material to emphasize the role of diamonds in diversified portfolios.Diamond Standard laun...Read More
(IDEX Online) - Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.Slow demand is forcing many units to lay off staff, reduce working hours or insist on longer vacations to avoid overproduction.There are also concerns that the G7 and EU countries - which have not so far sanctioned Russian goods...Read More