One hundred and three steps. That's how much I had to climb to bring my grandpa his lunch every day at the ore dock.Marquette, Michigan is the hub of America's iron industry. It's where I grew up. My grandpa was the loadmaster at the town's famous ore dock. He spent his entire career working around iron from iron rails, to ore boats, to where he retired, in Marquette.Some 500 million tons of the...Read More

Since the start of the war in Ukraine, I've been warning about the dangers of escalation between the U.S. and Russia. We may be about to take a serious step up the escalation ladder.On Sunday, Ukraine launched an attack on Crimea with U.S.-supplied Army Tactical Missile System (ATACMS) missiles. The target was likely a military installation, quite possibly a Russian airbase.It appears that five AT...Read More

Send in the National Guard! Tech stocks are red! The tech sector plummeted nearly 2.5% on Monday following weeks of melt-up action. And the main culprits were some of the same stocks responsible for dragging the averages higher this year, specifically the semiconductors.The VanEck Vectors Semiconductor ETF (SMH) continues to fill those gaps, dropping more than 3.4% yesterday its third straight d...Read More

Near Carmacks, Yukon Western Copper and Gold's (TSX: WRN; NYSE-AM: WRN) Casino project sits at the potential junction of a trans-Canadian green power conduit while promising metals needed for the energy transition. The company, which calls Casino the world's fifth-largest copper-gold project controlled by a junior miner, has been buoyed by Rio Tinto (LSE: RIO; ASX: RIO) upping its stake to 9.7%...Read More

You've probably heard that the U.S. economy is heavily "financialized." What does that really mean? What is financialization?It's a big topic and not very well defined. It can refer to the dominance of financial activity over traditional business activity in goods and services. It can refer to market bubbles. It can refer to the use of financial instruments in non-traditional arenas such as warfar...Read More

Maybe you've heard that your search results on Google reflect not your curiosities and needs but someone or something else's views on what you need to know.And on Facebook, you're likely inundated by links to official sources to correct any errors you might carry in your head, as well as links to corrections to posts as made by any number of fact-checking organizations.You've likely also heard of...Read More

"What single word would you use to describe today's AI investment plays?" The question was posed to me as I sat in on a panel discussion with Jim Rickards, Byron King, Dan Amoss and a few other influential minds in the investment community at the famous (or infamous) Watergate Hotel in Washington, the heart of the swamp.As I'm sure you know, artificial intelligence (AI) has captured the attention...Read More

Eleven years ago, The Northern Miner ran a story titled "How Mexico reclaimed its mantle as a top mining nation." The piece recounted how the nation opened up investment and in 2012, became the No. 1 jurisdiction in Latin America for spending on mineral exploration. Last year, Mexico was the top jurisdiction in another category: the target of most new requests for arbitrations at the International...Read More

Artificial Intelligence investors will soon dangle from the hooks of a fantastic dilemma.Today we show you why.Artificial intelligence has worked Wall Street into a state of high incandescence.It represents the next "big thing." And dizzied investors fearful of "missing out" are piling into it.Consider for example Nvidia AI's primary wagon-puller.The thing accounts for over one-third of 2024...Read More

Many financial commentators, including my esteemed colleague, James Altucher, poopoo the idea of owning a home. They have good reasons to do so. Homeownership has become exceptionally expensive in desirable areas, and many houses have become money pits.As a recent homeowner, I can attest to the benefits of owning your own property when done right. By ‘right,’ I mean being mindful of yo...Read More

The United States government debt runs presently to $34.8 trillion and gallops by the second, by the minute, by the hour, by the day.Dr. Paul Krugman believes he holds the solution. He believes it would bring an overall stability to the predicament.In the good doctor's telling:Congress need merely nick deficits 2.1% each year for the following 30 years.The Congressional Budget Office projects th...Read More

Had enough of the current Middle East war between Israel and Hamas in Gaza? Well, I hate to be the bearer of bad news.But it's time to get ready for the next phase of this war. The next Middle East war will also involve Israel. Except in this war, Israel's guns will be pointing north toward Lebanon.And it risks a much wider conflict, with Iran in particular. Let's break it down...Recent intelligen...Read More

This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli on the gold market. Christian describes what he sees as the major factors impacting the gold price, including a growing demand for physical metal as a hedge against geopolitical uncertainty and perceived stability of the financial system. He also explains why physical gold demand h...Read More

Victoria Gold (TSXV: GCX) must quickly stabilize its Eagle gold mine site to prevent another landslide and a spill to neighbouring property, a landslide expert says.The company suspended operations and said it's investigating an accident on Monday at the Yukon site's heap leach pad. It's about 375 km north of Whitehorse. No one was injured.Photos show a 1.3-km failure of material down a slope afte...Read More

Victoria Gold (TSXV: GCX) has suspended operations at its Eagle mine in the Yukon after an accident at its heap leach pad. There were no injuries, the company said. The site operations teams and management are working on assessing the situation and gathering information, the company said in a release Monday. Eagle, the territory's only producing gold mine, is located about 375 km north of Whitehor...Read More

There's been a lot of talk over the past several days that Saudi Arabia is ending the petrodollar deal it's had with the U.S. for 50 years. This story has been highly exaggerated. Today I want to address the misinformation you're seeing right now, and show you what really happened.News services of dubious accuracy reported that Saudi Arabia had ended the petrodollar deal on June 9, after 50 years....Read More

This is the most significant reality of the world picture now: The wishes of the manager class are going in one direction while the actual dynamics of economy and politics go in the opposite direction.The managers wish for their management of systems to become as centralized and top-down as possible; but the very systems they manage are breaking down and seeking to reorganize at smaller scale, dis...Read More

The state is a transformer that takes on different appearances in different ages, depending on resources, traditions, technologies and geography.History chronicles theocratic despotisms, feudal lords, exploitative slavocracies, imperial autocracies, peaceful republics, small-scale democracies, divine-right monarchies, murderous party dictatorships and many more besides.What is the 21st-century for...Read More

I admit, I wasn't fussed about the whole Hunter Biden conviction. But I couldn't understand why. I mean, they finally got a Democrat on something.But Hunter Biden is such a dirtbag; gun charges don't do him justice.No, this isn't the same as getting Al Capone on tax evasion. It's more like getting Lex Luthor on a jaywalking charge.Let's not mince words. Hunter is a crackhead who shagged his dead b...Read More

Touch off the rockets! Light the sparklers! Raise a joyous toast!That is because May's inflation data came issuing this morning. And it disappointed expectations or rather exceeded expectations.A Dow Jones survey of economists had divined a 3.4% inflation rate. Yet the United States Department of Labor reported a mere 3.3% inflation rate.We can only assume you are as gleeful as us. Media outlets...Read More