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Fury Obtains 100% Interest in ÉLÉONORE South Gold Project Next to Newmont’s Gold Mine (215k AuOz/yr)

from Mining Stock Education

Fury Gold (Ticker: FURY) and certain affiliates of Newmont have entered into an agreement whereby Fury will purchase Newmont’s 49.978% interest in Éléonore South Gold Project for C$3M. As part of the consolidation of Éléonore South, Fury has also agreed to purchase Newmont’s 30,392,372 shares of Sirios Resources Inc. for C$1.3M. The Sirios shares will be acquired for investment purposes and Fury will evaluate its investment in Sirios on an ongoing basis with respect to any possible additional purchases or dispositions. Completion of the purchase is subject to certain conditions precedent and is expected to close in late February or early March 2024.

Tim Clark shared that this 100% consolidation of interest in the Eleonore South Gold Project increases the possibility of Fury as a consolidation target in the region; especially in the eyes of the buyer of the adjacent producing Eleonore Mine (215k AuOz/yr) which Newmont has recently announced they are selling. The Eleonore Mill is currently not running at full capacity and the new, future operator will need new ore. Fury’s Eau Claire project is also only 57km away from the Eleonore Mine.

Fury CEO Tim Clark stated: “We value the strong relationship with Newmont and are confident that this transaction is a positive outcome for both companies. Our team has historically ranked the ESJV as one of our more prolific targets for discovery. As such, we are excited to now have 100% ownership as we expect this to provide a clearer pathway for more exploration and potential upside in returns for our investors from this project consolidation and investment in Sirios.”

Presentation: https://furygoldmines.com/investors/presentations/

Press Releases discussed: https://furygoldmines.com/news-and-media/news/fury-consolidates-interests-at-eleonore-south-gold-project-to-100/

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Libertarianism Unleashed in Latin America and the World with John Rubino

from Kerry Lutz's Financial Survival Network

Kerry and John Rubino discussed a range of topics, including the successful implementation of libertarian policies in Latin American countries, the potential ramifications of the AI bubble on the stock market, Google’s recent AI blunder, the legal implications of Trump’s judgments in New York, and the potential consequences of truckers refusing to go to New York City. They also analyzed the unexpected rise in interest rates and inflation measures, leading to a hawkish stance from the Fed and its impact on the housing market. The speakers expressed hope that the successful implementation of libertarian policies in Latin America would pave the way for libertarian ideas to become politically marketable in the US. They also expressed concerns about the exponential growth of artificial intelligence and its impact on market valuations, highlighting the interconnectedness of the AI bubble with other market bubbles such as housing, commercial real estate, and government bonds. The conversation underscored the difficulty of identifying market bubbles in real-time and the potential for a widespread market downturn if the AI bubble were to burst. Additionally, they discussed the challenges and risks associated with shorting the NASDAQ as a hedge against the AI bubble.

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Precious Metals Worth the Wait with Michael Arries

from Kerry Lutz's Financial Survival Network

In this instructive and informative conversation, Kerry Lutz sits down with Michael Arries to delve into the current state and future outlook of precious metals, focusing particularly on gold and silver. Arries offers an optimistic perspective, highlighting the strong price charts of gold and its potential for a significant rise.

He also points out the current undervaluation of silver and its prospects for a substantial upward correction, notwithstanding the geopolitical risks associated with silver mining in Mexico. The dialogue further explores the performance of platinum and palladium, with an emphasis on the critical role of physical ownership in safeguarding wealth.

Both experts advocate for the inclusion of physical gold and silver in investment portfolios, underscoring their enduring value and capacity to preserve purchasing power. Additionally, they discuss potential market trends and the importance of diversifying investments with tangible precious metals, offering valuable insights for anyone interested in wealth protection and investment strategy.

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Mastering Market Cycles: Insights with Dr. Brana Vojcic

from Kerry Lutz's Financial Survival Network

Join Kerry Lutz and Dr. Brana Vojcic, renowned experts in the field of financial markets, as they dive deep into the complexities of advanced technical analysis techniques with the goal of demystifying how to make informed decisions in the market. In this enlightening conversation, they explore a range of topics including the application of time cycles, precise price projections, the nuanced analysis provided by Elliot Wave Theory, and the critical role of technical indicators in forecasting market movements.

The discussion doesn’t stop there; Lutz and Dr. Vojcic tackle the inherent challenges in predicting market cycles, highlighting the various cycles Dr. Vojcik monitors closely in his analytical work. They delve into the importance of understanding economic and planetary cycles, offering viewers unprecedented access to Dr. Vojcic’s (affectionately known as BraVo) expert insights on the cycles affecting precious metals and commodities. Moreover, the conversation explores the intriguing concept of disharmony among different cycles and its potential repercussions on global events and economies. Key issues such as the unsustainable nature of the current debt cycle and the implications for declining superpowers are examined, providing a sobering look at the future. This video is a must-watch for anyone interested in the intricate ways in which various cycles interconnect and impact the global financial landscape.

Whether you’re a seasoned investor, a student of economics, or simply curious about how cyclical patterns influence the world around us, Kerry Lutz and Dr. Vojcic offer fascinating insights and valuable knowledge that can help you navigate the complexities of the market. Don’t miss out on this compelling discussion that sheds light on the potential future implications of these interconnected cycles. Subscribe for more insights, and let us know your thoughts in the comments below! Click the link for a free subscription to Brana’s newsletter

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The Profit Cycle: How to Build Extreme Wealth with Mike Merrigan and Bo Kort

from Kerry Lutz's Financial Survival Network

Kerry Lutz interviewed Mike Merrigan and Bo Kort, who shared their experiences and insights on their 30-year friendship and business partnership in real estate. They emphasized the importance of aligning with like-minded partners, avoiding get-rich-quick schemes, and focusing on long-term, cash-flowing investments. The speakers also discussed the significance of building a strong back office staff, finding valuable connections, and understanding the motivations of property owners. Additionally, the meeting participants shared their perspectives on the value of education, mentorship, networking, and taking action in business development, highlighting the individualized nature of success and the need to overcome fear and uncertainty.

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Triple Lutz Report #494: My Medical Emergency in Thailand

from Kerry Lutz's Financial Survival Network

In this episode I share my recent medical scare I experienced while in Thailand, highlighting the importance of health awareness and prompt medical attention, especially when abroad. I discuss my alarming symptoms related to a pre-existing eye condition and the steps taken to address the situation while away from my home country. It all started after I sensed that blood was seeping into my eye while in Bangkok, leading to an urgent medical consultation. I recount my experience at a very prestigious Thai hospital, the amazing high level of care, advanced medical equipment, and the expertise of a retinologist who treated me. Despite dealing with ongoing symptoms like blurriness and floaters the prognosis is highly positive. The medical care was as good or better to any I might have received in the United States. I wanted to praise the efficiency of the Thai medical system.

This video serves as a crucial reminder for travelers to be vigilant about their health and the options available for medical emergencies abroad. Before embarking on any foreign adventures, take time to research the medical system and evaluate any ongoing health issues you might have that may need to be dealt with overseas. Put together a list of hospitals and doctors you may want to treat you. If you have any friends or associates in that country, discuss potential medical issues in advance. That way you can avoid the panic and uncertainty that I felt, until I connected with my Thai network and they led me in the right direction.

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Bill Gates Praises India’s Sweeping Digital ID System as a Model for Other Nations

Gates praises India’s DPI – a buzzword pushed by the UN that encourages digital ID rollouts.

[Ed. Note: I guess we’re just going to ignore the fact that the Aadhaar system was so insecure that anyone alive can purchase the biometric data of almost everyone in India for roughly the cost of a Starbucks latte. Of course, that would NEVER happen here, right? Of course not. This man is pure evil in a suit & tie. It might just be a good time to have a second look at James Corbett’s, Who is Bill Gates? documentary.]

by Didi Rankovic
Reclaim the Net

India’s digital ID system may have its critics among those opposed to digitization of people’s identities, but it has received praise from Bill Gates as one of the country’s innovations that are “changing the world.”

Gates, as well as EU and UN officials, refers to such systems as digital public infrastructure (DPI) – a buzzword for introduction of digital ID and payments by 2030.

Gates announced on his blog that he is visiting India, and made sure to note that the Gates Foundation is involved in what he calls “efforts that are saving millions of lives.”

This is a reference to India’s production of another of Gates’ “passions” – vaccines. As for DPI, Gates expressed his “admiration” for the country’s massive biometric identity DPI component, Aadhaar, and the fact that over 12 billion transactions are processed by it.

Continue Reading at ReclaimTheNet.org…

Record Global Debt: A Ticking Time Bomb for the World Economy

from Zero Hedge

Authored by Daniel Lacalle,

The relentless increase in global debt is an enormous problem for the economy. Public deficits are neither reserves for the private sector nor a tool for growth. Bloated public debt is a burden on the economy, making productivity stall, raising taxes, and crowding out financing for the private sector. With each passing year, the global debt figure climbs higher, the burdens grow heavier, and the risks loom larger. The world’s financial markets ignored the record-breaking increase in global debt levels to a staggering $313 trillion in 2023, which marked yet another worrying milestone.

Continue Reading at ZeroHedge.com…

Rates, Risk and Debt: The Unavoidable Reckoning Ahead

by Charles Hugh Smith
Of Two Minds

Policy errors have consequences, and we’re only in the first inning of those consequences.

Please note: Of Two Minds subscription rates are going up this Friday 3/1/24 from $5/month or $50/year to $7/month or $70/year, so subscribe by Thursday if you want to lock in current rates. Thank you for understanding the necessity of adjusting rates that have been unchanged since 2011.

If we ask, “what’s changed?,” two under-appreciated dynamics pop out: risk and consequences: risks are rising globally in a multi-dimensional self-reinforcing way, and the consequences of the Federal Reserve’s 14-year policy error known as ZIRP–zero interest rate policy–are finally manifesting in unwelcome ways.

The Great Moderation is a term often invoked to describe the multi-decade reduction in global risks from 1990 to 2020. Geopolitical tensions diminished, the entry of China’s vast workforce and productive capacity lowered the costs of labor and production, effectively suppressing inflationary forces, and the financial markets responded by demanding less of a risk premium on the price of bonds and credit: a reduction in inflationary pressure and risk led to a gradual reduction in yields and interest rates.

Continue Reading at OfTwoMinds.com…

Even Warren Buffett’s Legendary Optimism is Fading

by James Hickman
Schiff Sovereign

Early in the spring of 1956, only weeks after Elvis Presley released his debut studio album, and actress Norma Jean Mortenson had her name legally changed to Marilyn Monroe, a budding 25-year-old businessman from the American Midwest fatefully registered his first-ever company.

His name, of course, was Warren Buffett. And the company he founded was called Buffett Associates– which was formed with $105,000 of capital from his friends and family.

The US economy at the time was absolutely booming. Interest rates in 1956 were at historic lows. Inflation was practically zero. Economic growth was a dizzying 7%. Productivity growth was strong.

The US was no longer at war. And the national debt– which had reached a peak of 120% of GDP in the 1940s due to the costs of World War II– had been cut in half… and was falling further each year.

Continue Reading at SchiffSovereign.com…

Texas and Florida Want the Supreme Court To Bless Their Unconstitutional Social Media Laws

Both states are trying to force tech companies to platform certain sorts of speech.

by Elizabeth Nolan Brown

The Supreme Court heard oral arguments today in two pivotal cases concerning social media. These cases—NetChoice & CCIA v. Paxton and Moody v. NetChoice and CCIA—are of huge importance for the future of free expression and free association online.

“The fate of free expression on the internet is largely at stake,” said Lawrence Walters, general counsel with the Woodhull Freedom Foundation, at a Monday afternoon press conference. It would be “mass chaos…if the states were allowed to enforce these rules.”

The challenges were brought by tech industry groups NetChoice and the Computer and Communications Industry Association (CCIA) against first-of-their-kind laws in Florida and Texas. The tech groups were also joined today by U.S. Solicitor General Elizabeth Prelogar, who participated on their behalf.

Continue Reading at Reason.com…

U.S. Electricity Generation by Source in 2023: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum

by Wolf Richter
Wolf Street

Power generation dips from record: 16 years of stagnation. And the battery arbitrage.

The quantity of electricity generated in the US declined by 0.9% in 2023 from the record in the prior year, to 4,247,732 gigawatt-hours, according to data from the EIA today.

But compared to 2007, over those 16 years, electricity generation was up only 2.3%. Power generators in aggregate had gotten mired in stagnating demand, despite the growing economy and population. A big factor was that electricity users, to reduce their costs, invested in more efficient equipment – lights, appliances, electronic equipment, industrial equipment, heating and air-conditioning, etc. – and in better building insulation, shading, etc., to reduce their costs. But in 2022, demand jumped to a record amid a big heat wave in a big part of the US, EV charging, crypto mining, etc.

Continue Reading at WolfStreet.com…

Georgia Student Allegedly Murdered by Illegal Immigrant. CNN Says ‘Little Evidence Indicating a Connection Between Immigration and Crime’

by Hank Berrien
Daily Wire

A young female Augusta University nursing student was murdered on her morning jog, and an illegal immigrant has been arrested in connection with the murder, but CNN insisted on downplaying any connection between illegal immigration and the murder.

The body of Laken Riley, 22, was found last Thursday with indications of blunt force trauma. Jose Antonio Ibarra, 26, who hailed from Venezuela and illegal entered the U.S. in September 2022 but was paroled into the U.S., has been named as a suspect in the murder. Last year the NYPD arrested Ibarra and he was “charged with acting in a manner to injure a child less than 17 and a motor vehicle license violation.”

Continue Reading at DailyWire.com…

The 8th Amendment Comes Out in Favor of Trump

by Daniel R. Street
American Thinker

On February 16, 2024, a judge in New York State imposed fines totaling just over $360 million on former president Donald J. Trump, The Trump Organization, and several related Trump companies and trusts in the civil case brought by the New York attorney general. President Trump’s sons Donald Trump, Jr. and Eric Trump were fined just over $4 million each. The court imposed additional sanctions, including injunctions against former president Trump; Donald Trump, Jr.; and Eric Trump from serving as officers or directors in New York corporations for specified numbers of years, among other sanctions.

The media reporting on the court’s decision has been massive since the decision was rendered. However, little or no reporting focused on the constitutionality of the fines under the Eighth Amendment to the United States Constitution. President Trump and his co-defendants all have substantial 8th Amendment “excessive fine” challenges to raise. In fact, a review of the facts and applicable law reveal that this decision is simply more election interference.

Continue Reading at AmericanThinker.com…

Kennedy: Biden is “a Cancer on the American Dream”

Says he’s as popular as chlamydia.

by Steve Watson
Modernity News

Louisiana Republican Sen. John Kennedy slammed Joe Biden’s economic policies Monday, declaring that inflation under Biden is a “cancer on the American Dream,” and saying Biden is about as popular as chlamydia.

Appearing on Hannity, Kennedy and the Fox News host noted how every problem under Biden is being blamed on something or someone else by his Administration.

“Blame big oil, blame big business. The border isn’t his fault, nothing’s his fault,” Hannity said, adding “Everything is Trump’s fault. The border’s safe and secure, but now it’s the Republicans’ fault…Will they get away with this shifting of blame?”

Kennedy responded, “I did not think President Obama was a very good president but compared to present Biden, President Obama just shoplifted.”

Continue Reading at Modernity.News…

Biden On Age Concerns: Trump Has Gaffes and ‘It’s About How Old Your Ideas Are’

[Ed. Note: Sort of interesting to see Jon Stewart declare both candidates are too old, and the entire media then starts focusing on the cognitive decline of BOTH candidates. Uh huh. of course, he’s just a lowly comedian, and not a part of a giant corporate propaganda machine, right?]

by Ian Hanchett

During an interview aired on Monday’s broadcast of NBC’s “Late Night,” President Joe Biden responded to age concerns by stating that 2024 Republican presidential candidate former President Donald Trump is “as old as I am, but he can’t even remember his wife’s name,” and “it’s about how old your ideas are.”

Host Seth Meyers asked, “[Y]ou are currently 81 years old…according to recent polling, this is a real concern for American voters. How do you address that concern going forward as you come up to the 2024 election?”

Biden responded, “Well, a couple of things: Number one, you’ve got to take a look at the other guy. He’s about as old as I am, but he can’t even remember his wife’s name, number one. Number two, it’s about how old your ideas are. Look, this is a guy who wants to take us back. He wants to take us back on Roe v. Wade.

Continue Reading at Breitbart.com…

Central Bank Digital Currencies – A Cautionary Tale

by metallionnaire
TF Metals Report

For those of us that study sound money, much of the following may be familiar territory but for most people, it is a strange new world to which they have never given much thought. Please feel free to distribute this short essay, if you feel it is worthy, to any friends or family members in the hopes it opens their eyes and minds to see what might be coming. – metallionaire

CBDCs – A Cautionary Tale

Banks and militaries have always utilized the leading-edge technologies available at any given time. This may not be so surprising when one considers that these two institutions are charged with protecting the nation’s realm and riches – arguably the two most important assets that protect a nation’s sovereignty.

Continue Reading at TFMetalsReport.com…

Deflation is Bad? Plus Look at What is Happening with Home Prices and Inventory

from King World News

As we near the end of trading in the month of February, one of the greats in the business asked, is deflation bad? Plus a look at what is happening with home prices and inventory.

Deflation Is Bad?

February 26 (King World News) – Peter Boockvar: It bothers me when people just assume the deflation is all bad and something to be avoided at all costs. It’s a big mistake to broadly assume that. It’s bad for someone who has too much debt but it’s great for others who would benefit from lower prices, like consumers. Lower prices raise real wages and increases spending power. Lower prices make things more affordable for more people. Also, deflation in technology is a given and look at the wonders it has created. So when I hear that deflation in China is the bogeyman, it is for those who have too much debt but it is a great thing for the Chinese consumer…

Continue Reading at KingWorldNews.com…

Four Absolutely Massive Bombshells About the War in Ukraine That Every American Needs to See

by Michael Snyder
End of the American Dream

No matter who the American people elect as their representatives, the permanent ruling class in Washington D.C. remains the same. Unfortunately for all of us, this permanent ruling class has become absolutely desperate to win the war in Ukraine. One member of that permanent ruling class, Victoria Nuland, is pleading with Congress to approve more funds for the war. One of her arguments is that “we have to remember that the bulk of this money is going right back into this economy to make those weapons”. Oh yes, pouring giant mountains of money down the gullet of the military-industrial complex would certainly be good for economic growth. But if we allow the permanent ruling class to drag us into a shooting war with Russia, millions of Americans could end up dead.

The permanent ruling class in Europe has also become extremely desperate to win the war.

Continue Reading at EndOfTheAmericanDream.com…

The Death of Justice in the Western World

by Dr. Paul Craig Roberts

British courts have cooperated with Washington’s police state for years by keeping Julian Assange in captivity while pretending to give him every benefit of the doubt in the extradition case. Of course, the law is clear that he should not be turned over to revengeful Washington, but Britain is not independent of Washington and is merely going through motions that keep Assange in captivity.

It seems clear that Washington and London are conspiring to break the spirit of those Americans and British who still hope that their governments are capable of delivering justice. A demoralized people are easier coerced into tyranny, which is where the entirety of the Western world is headed.

So much is already lost.

Continue Reading at PaulCraigRoberts.org…