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West Red Lake Gold: Primed for Near-Term Production with Top-Tier Team & Infrastructure

from Kerry Lutz's Financial Survival Network

We met with West Red Lake Gold’s (🇺🇸WRLGF — 🇨🇦WRLG new sponsor), CEO and President, Shane Williams. He is a true mine builder, having brought 5 prior mines online. He highlighted his action-oriented approach and the strategic decision to join WRLG, attracted by its incredible potential.

Shane revealed the latest drill results from the Madsen mine’s South Austin Zone, intersecting 68.36 g/t Au over 1.1m and 13.83 g/t Au over 3.95m. He has assembled one of the most solid teams in his experience, explaining how these moves have given WRLG the ability to start producing in Q4 ‘25. Discussing the primary focus on the Madsen mine, once valued at $1 billion, Shane provided insights into the timetable for restarting production and the steps he’s taken to mitigate inflation impacts on project costs. He’s still surprised by the company’s good fortune in acquiring the existing mill and infrastructure (for just pennies on the dollar) noting that replacement costs are north of $700mm. Following the previous management’s inability to acquire profitability, he’s busy capitalizing upon this once in a lifetime opportunity.

He commented on the continued excellent drill results, the strategic challenges ahead, and the catalysts for success. With current gold prices holding strong, Shane is excited by the positive impact on WRLG’s economics as well as the broader industry.

Highlighting recent successful funding efforts, Shane contrasted WRLG’s position with peers who have struggled to survive, underscoring key strategies for maintaining operational momentum. For these reasons we have taken a position in WRLG.

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How Inflation Impacts Cash, Stock Markets, Investments and a Possible Housing Market Crash with John Grace

from Kerry Lutz's Financial Survival Network

Kerry and John Grace discussed the changing role of utilities in the context of electric vehicles and artificial intelligence trends. The speakers emphasized the need for increased stations and the limitations of solar and wind power. They also explored the potential of battery power to stabilize the grid and address the challenges faced by millennial first-time homebuyers. The conversation provided insights into the changing landscape of utilities and real estate, shedding light on the implications for both industries in the current market. John and Kerry also discussed the significance of consumer age in shaping buying and selling behavior, drawing attention to the historical trends in home purchasing and the age at which individuals typically make significant property investments. The speakers highlighted the impact of life expectancy on housing market dynamics, emphasizing the need for forward-looking asset management strategies. The discussion also delved into the challenges of selling a property that has doubled in price, with considerations for relocation and the financial implications. Overall, the conversation emphasized the importance of being prepared for market fluctuations and making strategic decisions to safeguard assets.

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Rethinking Retirement: Planning for Life After 65 with Eric Mangold

from Kerry Lutz's Financial Survival Network

Eric Mangold and Kerry discussed the importance of reevaluating the traditional retirement age of 65 and having a clear plan for life after work. They explored the reasons behind the shift in retirement trends and the impact of increased life expectancy on retirement decisions. The conversation also delved into the significance of staying mentally and physically active during retirement to avoid depression, and the role of caregiving in providing purpose and activity for retirees. Additionally, they highlighted the importance of avoiding excessive news consumption and maintaining a healthy lifestyle during retirement.

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The Decline of Credit Scores: Buy Now, Cry Later with Paul Oster

from Kerry Lutz's Financial Survival Network

Kerry talks to Paul Oster about a range of financial topics, including declining credit scores, evolving pricing strategies of retail stores, student loan debt, housing market concerns, psychological and societal factors in financial decision-making, budgeting for groceries, and debt repayment and financial planning. Speakers emphasized the need for individuals to take control of their financial situation by cutting expenses, accelerating debt elimination, seeking help from financial planners, and making deliberate financial choices. They also highlighted the importance of addressing high-interest credit card debt, conducting an insurance protection audit, and creating a household budget to mitigate the challenges posed by the changing economic landscape. The speakers underscored the pervasive influence of societal pressures, such as advertising and social media, on consumer behavior, and the emotional allure of luxury purchases. They emphasized the need for individuals to confront the reality of their financial limitations and make conscious, disciplined choices about spending. The discussion also touched on the significance of setting and adhering to a budget as a means of maintaining fiscal responsibility in the face of external pressures. Overall, the meeting provided practical insights and actionable advice for improving financial well-being and taking control of one’s finances.

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Questioning the Government’s Economic Narrative: A Critical Analysis of Inflation, PPI Numbers, and the Federal Reserve’s Response with Ed Siddell

from Kerry Lutz's Financial Survival Network

Kerry and Ed Siddell discussed the recent inflation and PPI numbers, expressing skepticism about the government’s narrative of a healthy economy and the Federal Reserve’s ability to address economic challenges. They also touched on the growing disparity between Main Street and Wall Street, the potential impact of future rate adjustments by the Federal Reserve, and the need for prudent investment decisions. The conversation also explored the potential of commodities such as gold and silver as safe havens, the impact of the halving event on Bitcoin, and the emergence of new investment opportunities in the global market. The discussion briefly touched on the news of OJ Simpson’s death, before delving into a detailed analysis of treasury rates and the inverted yield curve. Finally, they discussed the evolving perception of the government and the importance of staying informed through various platforms.

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How to Network Your Way into the Best Junior Mining Deal Rooms with Tommy Humphreys

from Mining Stock Education

Tommy Humphreys reveals how you can network your way into the best junior mining stock deal rooms.  He discloses his personal struggles, strategies, and stories from his journey as a Vancouver outsider to one now sitting amid the deal room.

In this MSE episode, you will learn the initial steps and proven strategies regarding how you can begin to develop your network for junior mining investing success and improved deal flow.  You’ll be inspired by Tommy’s personal stories, challenged by his example, and given a paradigm you can employ.

Tommy Humphreys is now a self-described “Vancouver stock market insider on the hunt for the next Big Score.” He founded the popular mining investment website CEO.ca, which he sold in 2021. His current work can be found at TheBigScore.com

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Residency vs. Citizenship, Elite Insurance and Thinking Outside the Box in Uncertain Times with Christopher Willis

from Kerry Lutz's Financial Survival Network

Kerry and Christopher Willis discussed the various options available for Americans seeking alternative citizenship and residency overseas. They explored the factors driving individuals to consider these options, the differences between residency and citizenship, and the practical implications of holding a second passport, particularly in light of travel restrictions during the pandemic. Willis provided insights into the cost and paperwork involved in obtaining Caribbean and European citizenship, highlighting the trade-offs between cost and speed of acquisition. The conversation also touched on the opportunities and challenges in different regions, the impact of political changes on immigration programs, and the significance of obtaining citizenship in a different jurisdiction for freedom and flexibility. Overall, the discussion emphasized the evolving necessity for the wealthy elite to consider these alternatives as a form of non-traditional insurance or a plan B in uncertain times.

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Unleash Your Inner CEO: Strategies for Maximizing Profits and More with Mandi Ellefson

from Kerry Lutz's Financial Survival Network

Kerry and Mandi Ellefson discussed the challenges faced by successful CEOs in growing their businesses. Mandi, the founder of Hands Off CEO, emphasized the need for CEOs to remove themselves from day-to-day operations and focus on higher-impact activities to double profitability. She suggested that CEOs should solve higher quality problems, charge more for services, and build the right systems and processes to achieve business growth and profitability. Mandi also provided practical advice on reallocating time, generating more profit per client, and building effective teams to help CEOs transition their businesses to run and grow without their direct involvement.

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Unicorn Dolly Varden Silver: Captures the Attention of Major Players; Only 8% Public Float

from Kerry Lutz's Financial Survival Network

We sat down with Shawn Khunkhun, CEO of Dolly Varden Silver, (🇺🇸DOLLF — 🇨🇦DV new sponsor) and dove into its unique strategy and recent successes. DV has been hitting high-grade gold and silver, most recently 79.4 g/t gold over 12.35 meters. The results have well exceeded Shawn’s optimistic expectations. The 2024 drilling season is getting off to the earliest start in many years, due to the lack of snow fall in British Columbia. The company will have 3 drills turning and plans for an updated resource estimate at in the future. It has an attractive capital structure, with a public float of just 8 percent. Interest expressed by major miners and large financial institutions has been increasing together with the price of gold and silver. The company recently raised C$15 million and has enough cash on-hand to meet its obligations for the next two years. While “Silver” is part of DV’s moniker, Shawn discussed the company’s substantial gold resources, which now equal its silver resources. He believes that Eric Sprott’s $300 silver is a real possibility. With the company selling at just $1 per ounce in the ground, a substantial discount to historic levels of similar companies, that price could increase substantially, which is why we own shares.

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A $95 Billion Boondoggle

by James Rickards
Daily Reckoning

The big news this weekend is that the House passed a long-anticipated $95 billion foreign aid package.

About $61 billion will go to assist Ukraine in its war with Russia. About $26 billion will go to Israel (with some humanitarian aid for Gaza) and around $8 billion will go to supporting allies in the Indo-Pacific region, most notably Taiwan.

The package will go to the Senate this week, possibly as early as tomorrow, where it’ll certainly be approved. Joe Biden will then sign it into law.

Biden desperately wanted this package to shore up his prospects in this year’s election. He can’t afford for Ukraine to collapse and suffer another foreign policy disaster like Afghanistan — not in an election year.

Continue Reading at DailyReckoning.com…

Billionaire-Owned Media Has Gone Full Throttle to Save Fellow Billionaire, Jamie Dimon

by Pam Martens and Russ Martens
Wall Street on Parade

The Washington Post Editorial Board appears to have sipped the same kool aid as Bloomberg News.

As we’ve frequently reported in the past, Bloomberg News has spent the better part of the last decade attempting to brainwash the public into believing that the head of JPMorgan Chase, Jamie Dimon, is a respected statesman of Wall Street. (See here, here, and here.) In reality, JPMorgan Chase has admitted to an unprecedented five criminal felony counts with Dimon at the helm and paid fines in the tens of billions of dollars for an additional crime wave that rivals an organized crime family.

Billionaire Michael Bloomberg, the former Mayor of New York, is the majority owner of Bloomberg LP, the owner of Bloomberg News. In 2016, Michael Bloomberg even co-authored an opinion piece with Dimon.

Continue Reading at WallStreetOnParade.com…

Is the ‘Housing Shortage’ the Result of Housing-Hoarding by the Wealthy?

by Charles Hugh Smith
Of Two Minds

Those seeking to buy a house as shelter for their household can’t compete with the wealthy seeking assets to snap up and hoard for appreciation.

Longtime readers know I’ve been addressing housing issues from the start of the blog in 2005. Let’s start with the general context of housing in the US, courtesy of the US Census Bureau, which tracks occupancy and the number of housing units nationally: Quarterly Residential Vacancies and Homeownership, 4th Quarter 2023

All housing units 145,967,000

Occupied 131,206,000
Owner 86,220,000 59%
Renter 44,985,000 31%

Vacant 14,761,000 10%

Non-seasonal (i.e. not second homes owned by the wealthy for their recreational use) 11,177,000

Continue Reading at OfTwoMinds.com…

Major Banks Debanking Christians

by Martin Armstrong
Armstrong Economics

Debanking has become a major issue in recent years as institutions feel the current government gives them leeway to discriminate against customers based on their political beliefs. This is happening throughout the Western world. Most recently, fifteen attorneys general sent a letter to Bank of America CEO Brian Moynihan about his bank’s “troubling financial pattern” of debanking Christians. “Bank of America has a track record of de-banking religious organizations,” the letter states, “

We are especially troubled by Bank of America’s track record of discriminating against religious ministries.” Bank of America has been banishing Christians and Christian organizations from accessing their accounts for years without penalty.

Continue Reading at ArmstrongEconomics.com…

The Incentives Driving the Show for Silver, Copper & Corn …

These are the tactics that are driving the Western “markets” to eventual ruin. Is anybody in control? It seems not…

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

Today I begin with a question from a subscriber asking for an explanation of how Wall Street profits from driving the price of silver down.

By answering that question, we can easily discover that the incentives within the system are for Wall Street to cram down the prices for every commodity they can. This way the producers are left with almost nothing and all the value is gained by the traders and corporations.

Hey, it’s all fun and profits until somebody loses access to critical resources because of all these raccoon-ish antics.

That day, my friends, is rapidly approaching.

Continue Reading at PeakProsperity.com…

Brick-and-Mortar Meltdown Fells Express. Simon Property & Brookfield, to Avert Vacant Stores and Bad Leases at Their Malls, to Buy the Brands and 435 Stores Out of Bankruptcy

by Wolf Richter
Wolf Street

This Has Been Years in the Making.

Express Inc, once a high-flying fashion retailer for the younger crowd with 542 stores in the US, and with three brands – Express, UpWest, and Bonobos – finally filed for pre-packaged Chapter 11 bankruptcy today.

Since its heyday in 2016, the company has already closed 114 stores. The store count had peaked in the fiscal year ended January 2017 at 656 stores. Now it will close another 95 Express stores and all its 12 UpWest stores, bringing the store count to about 435 stores.

Continue Reading at WolfStreet.com…

Blackrock Triples Larry Fink’s Home Security as Anti-Woke Backlash Accelerates

from Zero Hedge

BlackRock chief executive Larry Fink’s efforts to push ‘wokesim’ or environmental, social, and governance policies across corporate America have been in reverse in recent years amid the backlash from Republican lawmakers on Capitol Hill and 19 state attorneys general in conservative states, including Arizona and Texas, who have been fed up with ESG-related policies hurting the economy.

Supposedly, the backlash by anti-woke activists has forced BlackRock to triple Fink’s home security spending. Financial Times says the CEO has become “a target for anti-woke activists and conspiracy theorists.”

According to FT’s numbers, the $10.5 trillion money manager spent $563,513 to “upgrade the home security systems” at Fink’s residences during 2023, on top of $216,837 for bodyguards.

Continue Reading at ZeroHedge.com…

China is Dumping U.S. Treasuries and Buying Gold

by Mike Maharrey

As the Chinese accumulate more and more gold, they’re dumping U.S. Treasuries.

That raises an important question: who is going to keep funding the federal government’s borrowing spree?

China offloaded another $22.7 billion in U.S. Treasuries in February, according to the latest data from the Federal Reserve. That dropped its total holdings to $775 billion.

China still ranks as the second-largest foreign holder of U.S. debt, but the U.K. could soon overtake China and slide into the second position if the current trend continues.

Continue Reading at GoldSeek.com…

Turley: Trump is Right – New York Case is an ‘Embarrassment’

by Pam Key

Fox News legal analyst Jonathan Turley said Monday on Fox News Channel’s “America Reports” that former President Donald Trump’s New York trial for allegedly falsifying business records is an “embarrassment.”

Turley said, “What is clear is in this case, Trump is right this is an embarrassment. The fact that we are actually talking about this case being presented in a New York court room leaves me in utter disbelief.”

He continued, “The arguments today did in fact capture all the problems here. You had this misdemeanor under state law that had run out. This is going back related to the 2016 election. They zapped it back into life by alleging that there was a campaign finance violations under the federal laws that doesn’t exist. The Department of Justice doesn’t view it this way.”

Continue Reading at Breitbart.com…

Worst 4/20 Ever

Plus: A listener asks the editors to steel man the case for the Jones Act, an antiquated law that regulates maritime commerce in U.S. waters.

by Matt Welch, Katherine Mangu-ward, Nick Gillespie, and Eric Boehm

In this week’s The Reason Roundtable, editors Matt Welch, Katherine Mangu-Ward, Nick Gillespie, and special guest Eric Boehm lament a horrible weekend for freedom, as Congress passed a collection of bad bills concerning military spending for Ukraine and Israel, a TikTok ban, and a reauthorization of Section 702 of the Foreign Intelligence Surveillance Act (FISA).

00:53—House of Representatives passes substantial bipartisan military spending aid package that includes Ukraine and Israel

22:50—New Title IX rules

34:00—Weekly Listener Question

Click Here to Listen to the Audio

Continue Reading at Reason.com…

‘Conspiracy Theories’ Aren’t Theoretical Anymore

by John Green
American Thinker

The national mood in the mid-twentieth century was very different from now.

  • The United States was respected around the world — even if not necessarily liked.
  • Technology was advancing faster than at any time in human history.
  • Our cities were mostly orderly, safe, and clean.
  • We believed there were few hardships which couldn’t be overcome with hard work. Opportunities seemed endless, as was our optimism.
  • We were completely naïve about the danger posed by our own government.

Not everything was sunny. We had problems that needed attention. That is the nature of human existence after all. But when Ronald Reagan said, “Government is not the solution to our problem, government is the problem,” we just thought he was promoting self-reliance and highlighting government inefficiency. As I said, we were naïve.

Continue Reading at AmericanThinker.com…

Put Government Press Secretaries Under Oath, Subject Them to Perjury Charges

by Ben Bartee
The Daily Bell

Originally published via Armageddon Prose:

“People shouldn’t be afraid of their government. Governments should be afraid of their people.” – Alan Moore, V for Vendetta

“What’s good for the goose is good for the gander,” my Midwestern Irish-Catholic grandmammy used to opine as she indiscriminately lined up and sadistically hosed her captive grand-progenies down in the backyard, me included, after discovering a lone louse on a single head.

“That’s how we did it in the old country,” she would add.

Given how much historically unprecedented power is vested in the nuclear-armed government, derived in theory from the people, one would expect it to be beholden to a higher moral, ethical, and legal standard than the general population.

Continue Reading at TheDailyBell.com…

Despite Volatility, a Powerful Silver Bull Market May Already Be Unleashed

from King World News

Despite volatility like we are seeing today, a powerful silver bull market may already be unleashed.

A Powerful Silver Bull Market May Be Ahead

April 22 (King World News) – Jesse Colombo at BullionStar: Since early-March, precious metals have launched one of their sharpest rallies in decades. Gold surged by 16% and silver by 26%, which are significant moves for safe-haven assets — especially considering that it played out over such a short time period. During this rally, gold has received the lion’s share of the attention because it has been hitting all-time highs, while silver has yet to exceed its 2021 high of $30.13 — let alone its all-time high of $49.81 that was reached all the way back in 2011. Though silver has been languishing for the past several years, there are numerous reasons why it may be on the verge of one of its most powerful bull markets in history.

Continue Reading at KingWorldNews.com…

New York Democrat Wishes Death On Trump Supporters


by Steve Watson
Modernity News

A Democrat who is running for Congressional office has received fierce backlash for wishing death on supporters of Donald Trump.

Nate McMurray, who is running to represent New York’s 26th congressional district, posted the demented comments on X shortly after the weekend vote on funding for Ukraine.

As we highlighted Sunday, after the House of passed legislation that includes a $61 Billion foreign aid package for Ukraine, Democrats broke into chants of ‘Ukraine’ and waved Ukrainian flags on the House floor.

Continue Reading at Modernity.News…

California Fast Food Prices Soar as Minimum Wage Hike Takes Toll

Minimum wage increase forcing restaurants to pass operating costs onto consumer.

by Infowars.com
Info Wars

Consumers of fast food in California are paying more for meals after the state’s new minimum wage law went into effect, local media reports.

According to Fox 11 Los Angeles, the minimum wage increase for fast-food workers touted by Democrat Gov. Gavin Newsom that hiked hourly pay to $20 is negatively affecting consumers, who have to shell out more at restaurants.

[…] “Fast food workers got a raise and customers are apparently paying the price — literally,” a Fox 11 anchor described.

“Since the minimum wage went up to $20 an hour, many restaurants have raised their prices, and one research company looked at 25 different chains and found that many of their items went up in cost.”

Some fast-food joints that increased prices include Wendy’s (8%), Chipotle (7.5%), and Starbucks (7%), according to the Kalinowski Equity Research firm.

Continue Reading at InfoWars.com…