Home Blog Page 2

Coppernico Metals to Receive TSX Listing and Start Drilling Sombrero with CEO Ivan Bebek

from Kerry Lutz's Financial Survival Network

Kerry Lutz was joined by CEO Ivan Bebek of Coppernico Metals for a dive deep into the company’s ambitious exploration project. From raising over $100 million to the strategic preparations for drilling, Ivan shares the challenges and milestones of Coppernico’s journey.

It’s been years in the making but the company has achieved the required community support and now has the necessary permits to begin aggressive drilling at the Sombrero project. As Ivan states, community support must be earned, and the company’s initiatives will carry on long after mining has finished.

There were numerous hurdles along the way, not the least of which were the pandemic related shutdowns. But Coppernico persevered and now drilling and a coveted TSX listing will be happening soon. Ivan also introduced Tim Kingsley, VP of Exploration, highlighting the team’s expertise along with the strong funding from major miners. Clearly this is a case of playing the long game, staying focused upon the ultimate goal and never giving up. Coppernico’s prospectivity is impressive and we hold shares in the company.

Click Here to Listen to the Audio

Sign up (on the right side) for the free weekly newsletter.

Virtual Home Invasions: We’re Not Safe From Government Peeping Toms

by John W. Whitehead and Nisha Whitehead
The Rutherford Institute

“The privacy and dignity of our citizens is being whittled away by sometimes imperceptible steps. Taken individually, each step may be of little consequence. But when viewed as a whole, there begins to emerge a society quite unlike any we have seen—a society in which government may intrude into the secret regions of man’s life at will.” – Justice William O. Douglas

The spirit of the Constitution, drafted by men who chafed against the heavy-handed tyranny of an imperial ruler, would suggest that one’s home is a fortress, safe from almost every kind of intrusion.

Unfortunately, a collective assault by the government’s cabal of legislators, litigators, judges and militarized police has all but succeeded in reducing that fortress—and the Fourth Amendment alongside it—to a crumbling pile of rubble.

We are no longer safe in our homes, not from the menace of a government and its army of Peeping Toms who are waging war on the last stronghold of privacy left to us as a free people.

Continue Reading at Rutherford.org…

The Missing Piece of the Puzzle: Behind the Inexplicable “Strength” of U.S. Consumers is $700 Billion in “Phantom Debt”

from Zero Hedge

Yesterday we discussed the latest consumer credit data, which revealed that the amount of credit card debt across the US has hit a new record high of $1.337 trillion (even though it appears to have finally hit a brick wall, barely rising in March by the smallest amount since the covid crash), even as the savings rate has tumbled to an all time low.

To be sure, credit card debt is just a small portion (~6%) of the total household debt stack: as the next chart from the latest NY Fed consumer credit report shows, the bulk, or 70%, of US household debt is in the form of mortgages, followed by student loans, auto loans, credit card debt, home equity credit and various other forms. Altogether, the total is a massive $17.5 trillion in total household debt.

Continue Reading at ZeroHedge.com…

Goldman Sachs Shines Up Its Swamp Creature Reputation by Rehiring Robert Kaplan as Vice Chairman – The Guy Who Traded Like a Hedge Fund Kingpin While President of the Dallas Fed

by Pam Martens and Russ Martens
Wall Street on Parade

The swampiest trading house on Wall Street, Goldman Sachs, issued a press release on Tuesday which was revolting – even to Wall Street veterans who are familiar with its scandalous history. (See Related Articles below.)

The press release stated that “Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas.”

Robert (Rob) Kaplan is the man who scandalized the Dallas Fed and the Federal Reserve (the central bank of the United States) by flagrantly serving his own trading interests and violating financial reporting rules while trading like a hedge fund kingpin in S&P 500 futures for his own account during a declared National Emergency in 2020 (from the COVID-19 pandemic) while he was President of the Dallas Fed (one of the 12 regional Federal Reserve Banks).

Continue Reading at WallStreetOnParade.com…

The Consequences of Interest Rate Suppression

by Alasdair MacLeod
Gold Money

Decades of interest rate suppression have resulted in debt traps in both public and private sectors which will destroy faith in fiat currencies. This leads to higher, far higher interest rates and the escape into gold is only just starting.

Throughout European history, there has been a dislike of interest rates. For the last two millennia this was reflected in Christian (and Muslim) bans on usury. But interest is charged by a lender for good reason. A lender is ceding possession of money or credit to another, losing the facility to turn them into goods for his or her own consumption. That is worth compensation, and economists call it time-preference. And then there’s the risk that the borrower might default on the obligation to repay. That’s worth something as well. The fact of the matter is that the compensation a lender of money is due can only be decided on a case-by-case basis between lender and borrower.

Continue Reading at GoldMoney.com…

Chris Cuomo is Taking Ivermectin – We’re Being Trickle Truthed

Combine this with a sudden awareness of an open border to the south and the NYTimes recent discovery of vaccine injury (covered in yesterday’s Scouting Report) and we’ve got the makings of a proper common knowledge movement!

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

This is how ‘trickle-truthing’ works. A little bit of a painful truth is leaked out over time. Each time a little more. The idea is that this causes less of an explosion than simply being truthful up front.

But ask any spouse who’s been cheated on if this method works. The answer is “no.”

Combine this with a sudden awareness of an open border to the south and the NYTimes recent discovery of vaccine injury (covered in yesterday’s Scouting Report) and we’ve got the makings of a proper common knowledge movement!

Continue Reading at PeakProsperity.com…

Welcome to the Warfare State

by Doug Casey
International Man

War is one of the few things that only the State can do. Indeed, as Randolph Bourne said, “War is the health of the State.” Let’s briefly discuss the nature of the State to see why World War 3 is on the way.

The State is like any other living entity: its prime directive is to survive and grow. Bear in mind that the State—the government—is not at all the same thing as the country or society, even though it claims to be. It’s not “We the People”; it’s a distinct entity with its own discrete interests. And that’s actually too mild an assertion. While individuals and companies prosper by providing goods and services to others through voluntary exchange, the State specializes in coercion.

There’s nothing voluntary about the State. Its main products have always been pogroms, persecutions, confiscations, taxation, inflation, censorship, harassment, repression—and war. The State is not your friend.

Continue Reading at InternationalMan.com…

Ad-Tech Outfit DoubleVerify Plunges 40% Today, -62% From Peak, 3 Years After IPO. Nabs Wolf Street Downgrade to “Should Have Never Bought”

by Wolf Richter
Wolf Street

We have a special place in our heart for DoubleVerify because it blacklists WOLF STREET in the “brand safety” services it touts to advertisers.

Shares of DoubleVerify Holdings [DV] plunged 40% today, to $18.25 at the moment, after it had reported earnings last night. Shares are now down by 62% from their intraday high on June 29, 2021, and far below the IPO price of $27 in April 2021.

The ad-tech company has wedged itself between advertisers and internet publishers, trying to extract money from both for various services that it touts with dubious claims. Before today’s mishap, its market cap was $5.3 billion, now down by $2.1 billion, to $3.2 billion.

Continue Reading at WolfStreet.com…

More Slowing Signals

by Craig Hemke
TF Metals Report

It’s another slow news day but, because of that, the weekly jobless claims data got far more attention than usual. And it’s a good thing, too, as the weekly totals finally budged off of the ridiculously stable 212,000 number for the first time in weeks.

For this data to have any relevance at all, it has to eventually begin showing the impact of the hundreds of thousands of corporate layoffs. Oh sure, maybe a “white collar” job loss comes with some sort of temporary severance package that forestalls a claim for unemployment insurance. But those severance checks run out eventually and, if you haven’t found a new job, you’re going to end up in line at your local employment office.

Continue Reading at TFMetalsReport.com…

The Arrest of Samourai Wallet Developers Shows the U.S. Government Hates Privacy and Freedom

by Andrea Togni
Mises.org

On April 24, two lead developers of Samourai Wallet (SW), the most-advanced privacy-centric wallet in the bitcoin ecosystem, were arrested and charged with money laundering and money transmitters offenses by order of the United States Department of Justice (DOJ). This is just the latest assault of an escalating war waged by US regulators on financial privacy and freedom.

Other examples are the arrest of Tornado Cash developers—a privacy protocol developed for Ethereum and other blockchains—and the pressure exerted by three-letter agencies on centralized exchanges to delist privacy-centric cryptocurrencies such as monero. Regulation by arrest and intimidation is the strategy deployed by the US government to drain liquidity from privacy-preserving money, which is perceived as a threat to the hypersurveilled fiat monetary system.

Continue Reading at Mises.org…

Today’s Key Factors Influencing Tomorrow’s Precious Metals Market

by Sprott Money
Sprott Money

Amid declining stock and real estate markets in China, investors, facing a depreciating currency, increasingly turned to precious metals, with significant purchases of jewelry, bars, and coins reported. Although the exact numbers are uncertain, all hard data pointed to a dramatic shift towards physical metals.

Simultaneously, India saw remarkable activity in the silver market. In February, they purchased approximately 75 million ounces of silver—more than a month’s global supply, followed by another 35 to 40 million ounces the next month, indicating unusually high demand. This trend reflects a growing global distrust in currencies and government and central bank policies, particularly the prolonged zero interest rates in North America and Europe, which were unprecedented and not based on any economic textbook. Find out, what concerns such policies raise and what could be the effects of stopping these economic stimuli—this and much more in today’s precious metals podcast with Eric Sprott and Craig Hemke.

Continue Reading at SprottMoney.com…

The Mass Exodus to “Red America”

by Michael Snyder
End of the American Dream

In recent years we have literally seen millions of Americans relocate from blue states to red states. In some cases, there is simply a desire to be around other like-minded people. In other cases, specific political policies that have been enacted in certain states have motivated large numbers of people to relocate. This was particularly true during the pandemic. Of course there are also many that are just trying to escape the crime, drugs, homelessness and violence that are plaguing so many major cities in blue states. For those that are trying to raise a family, finding a safe environment for their children is often of the utmost importance. As a result of the factors that I have just mentioned, we have been witnessing a “mass exodus” to “Red America” that is unlike anything we have ever seen before. Vast numbers of people have been moving from blue states such as California, New York and Illinois to red states such as Florida, Idaho and Montana…

Continue Reading at EndOfTheAmericanDream.com…

No, Unions Aren’t Having a Resurgence – and That’s Good for Workers

Private unions have every right to exist, but that doesn’t mean they’re actually beneficial on net.

by Veronique de Rugy
Reason.com

Unions are said to be having a moment. The story goes something like this: Helped by a presidential administration that touts itself as the “most pro-union in history,” labor unions—after decades of decline—are winning big victories against anti-union corporations and extracting impressive concessions for their workers. But is it all true?

There has certainly been a lot of union activity. Last year we witnessed a significant increase in strikes and threats of strikes. According to the Bureau of Labor Statistics, the country lost 16.6 million labor days to work stoppages last year. You have to go all the way back to 2000 to find this level of union disturbance.

In addition, the United Auto Workers (UAW) reached an agreement with Ford that included wage hikes of 25 percent.

Continue Reading at Reason.com…

Jack Smith Has Admitted to Violating the Same Law Used Against January 6th Defendants

by Andrea Widburg
American Thinker

Special Prosecutor Jack Smith has just admitted that he and other DOJ and FBI minions manipulated documentary evidence underlying the Mar-a-Lago case against Donald Trump. Everybody from Judge Aileen Cannon on down realizes this is bad. Still, I wonder how many people have noticed that Smith has admitted to doing what the J6 defendants are accused and have been convicted of doing: Violating 18 U.S.C. § 1512(c)(2). The statutory charges against the J6 defendants are a specious abuse of the law but they perfectly fit Smith’s admitted conduct.

One of the main tools in the DOJ arsenal against anyone near the Capitol on January 6, 2021, is § 1512(c)(2), which the DOJ claims means imprisonment for a person who “corruptly…obstructs, influences, or impedes any official proceeding…” That is what the DOJ claims happened when ordinary Americans (a) exercised their rights of free speech and (b) usually inadvertently, entered onto Capitol land after masked agitators had removed “no trespassing” signage and fencing and after the Capitol police had opened the building’s doors. The penalty is fines and/or imprisonment, with the latter potentially as long as 20 years.

Continue Reading at AmericanThinker.com…

The Covid “Vaccine” Truth Comes Out

by Dr. Paul Craig Roberts
PaulCraigRoberts.org

Yes, We were told lies about the safety and effectiveness of the Covid “vaccines.”

Chris Cuomo who led the presstitutes in their ignorant attack on Ivermectin is now taking Ivermectin trying to recover from the adverse effects of the Covid “vaccine” that he stupidly took.

Cuomo says the Fauci/Big Pharma/medical establishment attack on the real cure was because there was no profit in Ivermectin. So for profit Big Pharma, its NIH, CDC, and FDA shills, and the corrupt American medical establishment killed and maimed people for money.

Cuomo says, ” We were given bad information about Ivermectin. The real question is, why?”

He then answers his question, saying that the reason Ivermectin was so vehemently rejected was that there was no profit in a drug that was already inexpensive and widely distributed.

Continue Reading at PaulCraigRoberts.org…