News and Reports

Site visit: Australia's Bellevue set to join elite gold group

August 13, 2024 / www.northernminer.com

Bellevue Gold's (ASX: BGL) namesake mine in Western Australia's Goldfields region has been in production for less than a year, but the company is already eyeing an expansion.The A$1.8-billion market cap company poured first gold at its Bellevue mine last October, with commercial production following this May."The building and the ramp-up of the mine has been no small feat - this isn't just some sm...Read More

Natural Resources: Four Key Takeaways

August 13, 2024 / dailyreckoning.com

I recently attended the annual Rick Rule resource conference in Boca Raton, Florida. Who doesn't want to swelter in 95-degree temps in the shade and 95% humidity? Then again, and as an old friend a rompin', stompin' retired Navy SEAL says, "There's no bad weather, only inappropriate clothing and poor preparation."No need to fret, though. It was all OK because the heat and humidity were outside...Read More

The Great Unwinding

August 13, 2024 / dailyreckoning.com

Humans have a knack for normalizing extremes. We quickly habituate to conditions that would have been intolerable before the extremes were normalized by habituation and recency bias.In no time at all, we’ve persuaded ourselves that it's not only normal, but healthy.For 15 years, extreme policies have steadily dragged the economy and the wealthy higher. Now we’re finally at the top of t...Read More

Abra Cadaver!

August 12, 2024 / dailyreckoning.com

"A snake that cannot shed its skin dies," Friedrich Nietzsche once wrote.And yet Joke Biden, who has one foot in the Oval Office and the other in the grave, continues to pilfer oxygen from the rest of us humans.After his debate disaster with The Donald, it's nearly certain President Emeritus and Klaus Schwab wannabe Barack Obama called Biden to tell him Kamala Harris, Biden's "loyal" Veep, approve...Read More

"Maybe I Should Own Real Money"

August 12, 2024 / dailyreckoning.com

What is this? CBS News is advising you to acquire gold?We are waylaid, gobsmacked and astounded. Yet it is true."There are multiple reasons why beginners should consider investing in the metal as soon as this week," we are informed.CBS News proceeds to cite the three central reasons. Reasons one:With many experts predicting a price of $3,000 per ounce shortly, then, now is the time to buy in while...Read More

What We the People Owe

August 09, 2024 / dailyreckoning.com

Donald Trump pledges to Make America Great Again.Kamala Harris pledges... something.Yet she believes her policies will work the identical effect.We are skeptical deeply that either is equal to the task.The United States' debt-to-GDP ratio exceeds 120%.Hard evidence indicates that nations with ratios exceeding 90% are destined to gutter.They are far too burdened by debt to get along much.Debt i...Read More

Site visit: Exploration momentum puts PEA in near-term sight for Snowline Gold

August 09, 2024 / www.northernminer.com

EASTERN YUKON In a remote corner of Yukon, Snowline Gold (TSXV: SGD; US-OTC: SNWGF) has moved from the first drill holes at its Valley target to an initial resource in less than three years."Snowline is still a fairly new company this is our fourth summer of operation," Snowline CEO Scott Berdahl said in a kitchen tent at the main Forks camp, in late June. "In 2021, we got a single drill toget...Read More

Idiocracy Trades

August 07, 2024 / dailyreckoning.com

In the nine days since President Biden announced he was shutting down his reelection campaign, a fresh wave of political prognostications has infiltrated my news feed as market pundits adjust to the new race.As Kamala attempts to pull off an upset victory, the questions I'm fielding are blurring the lines between politics and markets. Almost everyone I interact with in my personal and professional...Read More

Rickards: No Fed "Pivot" Tomorrow

August 07, 2024 / dailyreckoning.com

The Federal Open Market Committee (FOMC) of the Federal Reserve is meeting today and tomorrow for the purpose of discussing the economy and setting monetary policy going forward.What does it mean for markets and your money? Today we'll explore those questions. Let's first start off with what we know.We know that tomorrow, the Fed will leave its target rate unchanged. That decision will keep the fe...Read More

"I Fear for Our Nation"

August 06, 2024 / dailyreckoning.com

Are we going to be reliving the 1970s? Perhaps we will experience the stagflation of the 1970s in this decade, as financial excesses are worked out and monumental investments to retool our industrial base and infrastructure place a drag on productivity and profits. There is substantial logic in that scenario.As the charts below illustrate, stagflation also crushed the stock market’s speculat...Read More

Obama's Fourth Term

August 06, 2024 / dailyreckoning.com

Americans have just passed through the most eventful and tumultuous four weeks in memory.The only comparisons are 9/11, the fall of the Berlin Wall in 1989, the Watergate/Vietnam days of the 1970s, the riots and assassinations in the 1960s and the Cuban Missile Crisis.First, we had Joe Biden's face-plant debate performance on June 27 when he looked like a corpse and spoke in a demented way.Then ca...Read More

"It Can't Happen Here"

August 05, 2024 / dailyreckoning.com

We all just watched a new, dark chapter of American history unfold, with more to come, no doubt. Shamelessly, the Empire of Lies showed us the raw, rancid stuff of which it is made, and the ugliness of the spectacle is beyond appalling.Maybe you're trying to process the recent, midnight defenestration of President Joe Biden by power players within the Democratic Party. That, and the backroom, rigg...Read More

Biden's Wrong About America

August 05, 2024 / dailyreckoning.com

Last evening the outgoing American president declared the United States an "idea."Is the United States merely an idea?Both left and right divides of the political spectrum despite their exterior antagonisms believe it is an idea.This belief fevers them.The United States is the "shining city on the hill." It is the "indispensable nation."Its central purpose is to dispense democracy wholesale an...Read More

Did Biden Have a Stroke?

August 01, 2024 / dailyreckoning.com

We're witnessing one of the most tumultuous periods in U.S. political history. And we're only in July.Beginning with Biden's face-plant debate performance, continuing through the attempted assassination of Donald Trump, the nomination of Donald Trump and selection of J.D. Vance as his VP candidate and the Biden announcement that he's not seeking the nomination, this election season is all the chao...Read More

Empire of Lies

August 01, 2024 / dailyreckoning.com

Why does government lie so repeatedly and so atrociously?Why does it fear truth as the vampire fears garlic?The answer, we hazard, reduces to its desperate quest for prestige.Government equals authority. And an authority is an authority.Its word must be the final word. Its word must be the ultimate word.A supreme authority cannot withstand rivals else its authority falls into question.It canno...Read More

Worst. President. Ever. And It Ain't Biden...

August 01, 2024 / dailyreckoning.com

I wrote this article over a year ago, but it's got me thinking about Jill Biden. Jill Biden is today's failed first lady. Edith Wilson could've easily shown her how to do it better.What's Edith Wilson got to do with Jill Biden? Read on...Every time I think of Joke Biden, I think of how Jill Biden, the current FLOTUS, tried to keep every under wraps. In this day and age, it's practically impossible...Read More

An American Coup

July 31, 2024 / dailyreckoning.com

The world may have been surprised by Biden's decision yesterday to drop out of the race for the Democratic Party nomination for president of the United States. But there's one group who were not surprised readers of Strategic Intelligence and The Daily Reckoning.Here's what I wrote in October 2023, almost 10 months ago:The Democrats can’t wait to get rid of Biden. They’re preparing t...Read More

"God Is Among Us Now"

July 30, 2024 / dailyreckoning.com

The New York Times reports that the FBI is looking into the attempt on Mr. Trump's life as "possible domestic terrorism."One must ask: Are they trying to shed new light on this event, or just blowing more smoke up America's backside because that has been the FBI's specialty for at least the past eight years.We'll know if they take the definitive step of labeling the act a "hate crime."The weakne...Read More

Are Trump and Vance Populists?

July 30, 2024 / dailyreckoning.com

What does it mean to say a politician is a populist? Over 30 years ago, Christopher Lasch observed in his book The True and Only Heaven: Progress and Its Critics that populism had been applied to such a wide swath of individuals and causes that it had lost any specific meaning.This definition from Quizlet is a start: A political approach that strives to appeal to ordinary people who feel that thei...Read More

Biden's Getting Dumped

July 30, 2024 / dailyreckoning.com

How will future historians come at the 2024 presidential election?It stands every chance of being... historic.One candidate has already endured a shooting. That he lingers on may be considered a miracle of God.Merely three prior presidential candidates in United States history Theodore Roosevelt in 1912, Robert Francis Kennedy in 1968 and George Wallace in 1972 were assassins' targets ahead of...Read More

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