Is the stock market bubble about to burst?It has seemed that way a few times over the past year, but so far each selloff has proved to be a blip on a relentless climb upwards.But now we're starting to see signs of weakness in the sector that’s driving markets higher: AI/tech.Investors are beginning to digest that there's simply not enough electricity in America to support endless new data ce...Read More
The problem with the busy-bodies is that they are too busy. TV...tablets...TikTok who has time to read the classics, or to think at all?An example: the destruction of the twin towers on 9/11 will bring some "economic good," said celebrity economist Paul Krugman. "Now, all of a sudden we need some new buildings...rebuilding will generate at least some increase in business spending."Holy schmoley....Read More
Since 2008, U.S. stocks have absolutely crushed the rest of the world.The S&P 500 rose 592% over the 17 year period from July 2008 to July 2025. The MSCI world index (excluding the U.S.) was up 140%.And the MSCI emerging markets index was up just 92%.The chart below tells the story:Source: Charlie BilleloIt's been an incredible period of outperformance for American stocks. We've torched Europe...Read More
In 1929, just before the Great Crash, economist Irving Fisher famously said stock prices had reached, “what looks like a permanently high plateau”.Fisher was a raging bull, and his portfolio was leveraged to the hilt. The crash wiped out his entire fortune, and he was forced to borrow from wealthy relatives to pay his IRS bill.It'd be easy to scoff at his arrogance. But Fisher's view w...Read More
Ask any locomotive engineer. You definitely want to stop the train too soon versus too late.Or in other words, don't be this guy:Santa Fe locomotive overshoot, Los Angeles, January 1948. Courtesy martinturnbull.com.No question about it; we've had a good year in 2025. Gold, silver, platinum are up. Most other metals as well. Many miners are up, and many have seen spectacular gains. And while I don'...Read More
Remember Beanie Babies? In the late 1990s, they were all the rage.Tiny stuffed animals which cost less than $1 to manufacture were selling for thousands of dollars at peak.The Princess Diana memorial bear once fetched $500+, and today it sells for around $5. Peanut the Royal Blue Elephant hit $5,000 in 1999, and today a certified mint condition specimen might fetch $50.The BB craze started in 1997...Read More
Is the Chinese economy collapsing? Or is something worse waiting in the wings? The short answer is that we could be looking at something much worse than a crashing economy. China could be part of a collapse of the global monetary system.We'll begin the analysis with the latest official economic releases from China. These releases showed some of the weakest performance by the Chinese economy since...Read More
My good friend and host of the No Way Out podcast, Mark McGrath, likes to call me the second-most famous Villanova graduate in Italy. Of course, the most famous one sits on the Throne of St. Peter and has this uncanny penchant for pissing me off.I had high hopes for Papa Leone, as we call him here in Italy. But time and again, from blessing ice blocks to condemning nation-states for enforcing bord...Read More
Over the past year, I've written no less than 15 newsletters dedicated to silver.To say it's one of my favorite assets is an understatement.The combination of booming industrial usage and rising investor demand has created a perfect storm for poor man's gold.And this unique metal is doing quite well, up 72% year-to-date despite the recent pullback. But don't let that price rise fool you, this bull...Read More
Emerita Resources Corp.'s (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) new drill data from El Cura, one of three deposits at its Iberian Belt West (IBW) project, extend mineralization and show high grades, especially of gold and silver, noted a Canaccord Genuity report. Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCQB; LLJA:FSE) released more promising drill results from the El Cura deposit at its flagship...Read More
Pasofino Gold Ltd. (VEIN:TSX.V; EFRGF:OTCQB; N07:FSE) boasts a feasibility-level, development project, a focused and experienced management team, a committed shareholder base and a strategic plan, which should "translate into a smooth ride to profits," noted a Red Cloud Securities report. Pasofino Gold Ltd. (VEIN:TSX.V; EFRGF:OTCQB; N07:FSE) garnered additional research coverage by Red Cloud Secu...Read More
Eloro Resources Ltd. (ELO:TSX; ELRRF:OTCQX; P2QM:FSE) is focused on exploration and mine development in Bolivia, Peru, and Quebec. Find out what analysts say about the stock. StreetSmart Research(TM)Eloro Resources Ltd.(ELO:TSX -ELRRF:OTCQX -P2QM:FSE)Consensus Average Rating & Price Target Price targets are based on the original currency and converted to US and/or CA using current exchange rates...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on how the 2025 S&P 500 compares to the 2018 S&P 500. The Year of our Lord 2018 was a strange one. Not only was it the year that I officially became a "senior citizen," but it was also the year that President Donald Trump first met with new North Korean leader Kim Jong Un in an effort to persuade him to refrain from building long-range ba...Read More
Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) reported new drilling from the Machichie NE target, including 7 meters grading 5.1 g/t gold. The company said the intercept expanded the high-grade zone by 50 meters down-dip within the Cui Cui district. Cabral Gold Inc. (CBR:TSX.V; CBGZF:OTCMKTS) has announced new diamond drill results from the Machichie NE target, located 150 meters northeast of the M...Read More
Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) announces assay results from Lawyers, part of the fully owned Lawyers-Ranch gold-silver project in the renowned Toodoggone Mining District of British Columbia. Read why one analyst says TAU could offer a promising return. Thesis Gold Inc. (TAU:TSXV; THSGF:OTCQX; A3EP87:WKN) announced assay results from its 2025 drilling program at Lawyers, par...Read More
Coppernico Metals Inc. (COPR:TSX; CPPMF:OTCQB; 9l3:FSE) has begun systematic exploration at the Nioc and Antapampa targets within its Sombrero copper-gold project in Peru. Early sampling has revealed high-grade copper intervals and geophysical anomalies, suggesting significant scale potential. Coppernico Metals Inc. (COPR:TSX; CPPMF:OTCQB; 9l3:FSE) has commenced field exploration programs at the...Read More
Torr Metals Inc. (TMET:TSX.V) completes about 2,100 meters of diamond drilling across seven drill holes at the Bertha target at its Kolos copper-gold project in south-central British Columbia. Find out why one expert says the project is drawing interest. Torr Metals Inc. (TMET:TSX.V) has completed around 2,100 meters of diamond drilling across seven drill holes at the Bertha target, part of the c...Read More
I've used OpenAI's ChatGPT almost daily since it launched in late 2022.It's been a valuable research assistant, and I also use it to make the images at the top of these letters.But suddenly ChatGPT has major competition. Google just released their latest model, Gemini 3.Gemini 3 has taken a lead on AI benchmarks, a set of tests which grade the performance of models.And Google's new image creation...Read More
Alex Rogo had three months to save his factory.The plant manager of Bearington’s struggling manufacturing facility watched helplessly as inventories piled high while shipments ran late.He’d done everything by the book. He maximized local efficiencies, controlled costs, and kept every machine running at full capacity.Yet throughput kept falling. Management’s patience had run out.D...Read More