Throughout the Russo-Ukrainian war, Senator Lindsey Graham has been a primary instigator. His involvement goes back to at least 2016, when he visited Ukraine and told soldiers that "your fight is our fight", while accusing Russia of "hacking our elections".After the war truly kicked off in 2022, Graham told Americans that funding Ukraine was an excellent investment. It was simple, according to the...Read More

There are assertions that, on the face of them, should be dismissed immediately as nonsense. But modern science tells us not to trust our first instincts in favor of "the numbers," or "the data," or "the stats."The problem is that if the numbers are miscalculated or misinterpreted, we start to believe stupid things.For instance, a significant number of X users genuinely believe Spain and Portugal...Read More

Elizabeth rounded the edge of the house. There, in the back yard were two of Pierre's prize cows. Sleek. Fat. Muscled. They were the kind of limousine cows that butchers must dream about."Oh no….they're going to eat our flowers."She called Pierre."Just close your gate so they can't get out onto the road," he advised. "It's too dark for me to get them now. I'll come in the morning."And don't...Read More

"Are you looking for the Holland America check-in? Or Princess? Or Viking?"The polite, smiling greeter was addressing me, and I was surprised. My mind was elsewhere."No, thank you," I replied. "No cruise ships. I'm here for work. But can you point me to the taxi stand, to get into town?"And so it began on Sunday evening, as I disembarked at the Ted Stevens International Airport in Anchorage, after...Read More

In 1970, silver traded at around $1.60 per ounce. By its peak in 1980, it reached $49.45. A handsome 30x return.The story of how it got there is full of intrigue and conspiracy. We'll get to that. But first, a little background is in order.Monetary demand for silver had collapsed after the U.S. and other countries stopped using it in coins in 1965. Before that, America's dimes and quarters were 90...Read More

By now, you've read about Elon Musk's plans to form a third party and run candidates against Republicans and Democrats in the next presidential election in 2028 and perhaps even as soon as the mid-term elections in 2026. The name of the new party is the America Party.Running a third-party campaign is far from easy.Perhaps the first problem with Musk's plan is that he was encouraged to do so by Mar...Read More

This week Elon Musk's xAI released a new feature called "Companions".The first so-called companion is an animated female avatar named "Ani". This is what she looks like:Alarm bells should be ringing loudly. And I only showed the top third of this "companion", because the rest is risque and doesn't fit our presbyterian standard.Access to xAI's new "companion" costs $30/month. And no, Ani is NOT app...Read More

America is in the midst of a fierce contest with China for AI supremacy.China is getting closer in terms of AI model quality. The latest models from DeepSeek, Alibaba, and Moonshot are competitive with the best OpenAI, Anthropic, and Google have to offer.American firms are still putting out the best models in the world, but the code quality competition is heating up.The good news is that the U.S....Read More

The sun shone hot. The palm trees swayed. And the beaches glistened.But this was not some tropical island paradise. This was Jersey, a 'tax haven' island in the English Channel. It reminded us of Bermuda with vaguely similar architecture, topography, flora and people. Even the English accents were familiar.We went to visit a friend, and stayed the weekend to visit the island.The idea of a 'tax h...Read More

There are assertions that, on the face of them, should be dismissed immediately as nonsense. But modern science tells us not to trust our first instincts in favor of "the numbers," or "the data," or "the stats."The problem is that if the numbers are miscalculated or misinterpreted, we start to believe stupid things.For instance, a significant number of X users genuinely believe Spain and Portugal...Read More

As most of you know, I spent last week at Rick Rule's annual investment conference.It was a bonanza for natural resource bulls. Especially us gold and silver bugs.We heard from and spoke with some of the best mining companies in the world. From early-stage exploration stocks to giants like Agnico Eagle Mines (AEM). And everything in between.Today we're going to look at two of the fascinating minin...Read More

"If you don't become a multi-millionaire in the next couple of years, you're doing something wrong," quipped Rick Rule in a sidebar to his investment conference last week in Boca Raton, Forida.Rick wasn't kidding. He means it. Although, of course, to do well you must begin with seed money; and no, I don't mean plopping down a few bucks at the local 7-Eleven store for lottery tickets. It takes mone...Read More

Last week the Department of Justice announced that Jeffrey Epstein did not maintain a "client list" of prominent individuals who may have broken the law at Epstein's private island. These individuals could be blackmailed by Epstein and whatever intelligence agencies were working with him.In February, in response to a question about when Epstein's client list would be made public, Attorney General...Read More

MP Materials (NYSE: MP) soared 43% today. The stock is up 171% on the year.We'll explain why in a moment. But first we must set the stage.If you aren't familiar with the rare earths story yet, it's time to catch up.MP is one of the only rare earth miners in the United States. They also refine, separate, and manufacture the powerful magnets created using these key elements.These minerals, and the m...Read More

There's a famous economic law you may not have heard of, but it is valuable to understand.It goes like this: "When a measure becomes a target, it ceases to be a good measure."It's called Goodhart's Law, named after British economist Charles Goodhart. He meant it as a warning to policymakers.If you fixate too much on one data point - like inflation, test scores, or unemployment - you can end up dis...Read More

Let's play a little game of economic whack-a-mole.Every time someone yells, "AI is going to take all our jobs!" someone else pops up and calmly says, "Yes, but it'll create even more!"And they're both right... sort of.Welcome to the world of artificial intelligence, where your job might disappear, but a better one might pop up before you hit the unemployment line. That is, assuming you can reskill...Read More

This week I'm reporting from the Rick Rule Investment Symposium in beautiful Boca Raton, Florida.The event is built for gold and silver bugs. There are around 1,000 of us here.Dozens of publicly-traded mining and royalty companies are represented as sponsors, speakers, and attendees.What makes this conference unique is that Rick only allows companies to sponsor which he has a personal investment i...Read More

This week I'm down in Boca Raton, Florida with Jim Rickards and Byron King at Rick Rule's annual investment conference.Rick is a legend in the natural resource investing space. This conference is a bit like Mecca for gold, silver, and hard asset investors.Rick gave a keynote speech yesterday to kick off the conference. And it was one for the record books.According to Rick, America's financial math...Read More

Today, we'll discuss why you should own gold. But first...Let's say that you walk into a bank. You hand the teller a $10-bill and ask for a roll of quarters, worth $10. Seems easy, right? It's no big deal. Perhaps you want some quarters in case you must feed a parking meter or use the washer-dryer machines at a laundromat.A basic roll of quarters, $10-worth... plus tax. So, the teller hands you a...Read More

A few weeks ago I urged President Trump to make a deal with Iran that would satisfy his stated goal of no nuclear weapons production and would allow Iran to continue its lawful pursuit of civilian nuclear energy. The deal on the table, as described by the Iranian foreign minister himself, was a win-win "update" of Obama's JCPOA "nuclear deal" that could have avoided a costly and counter-productive...Read More