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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.

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2024 Year of the Bank Run with John Rubino

from Kerry Lutz's Financial Survival Network

Kerry and John Rubino delve into pressing economic issues, predicting a looming crisis driven by rising mortgage rates and increasing retail store closures. They argue the necessity for significant government intervention, similar to the pandemic-era stimulus measures, to mitigate the economic downturn. The conversation also explores the unique challenges facing retailers, especially in California, where lax laws on shoplifting complicate business operations. Additionally, they discuss the controversial “weaponization” of the criminal justice system, suggesting its impact on social order and business environment. Rubino and Lutz propose radical ideas for government restructuring, such as firing government employees in alphabetical order and maintaining only essential workers during crises. They emphasize the importance of essential services, including police, road maintenance, and waste management, referencing similar strategies from Argentina and El Salvador. Political dynamics also take center stage as they speculate on potential vice presidential candidates for Donald Trump, particularly focusing on Ron DeSantis. They consider how political issues, notably abortion, could influence upcoming elections.

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The AI Effect: How Robots Are Shaping Economics, Interest Rates and Industry Evolution with Elliot Kallen

from Kerry Lutz's Financial Survival Network

Kerry and Elliot Kallen discussed a range of topics, including the influence of AI on businesses, the economic cycle and its potential impact on interest rates, and the potential ramifications of autonomous vehicles on various sectors. They explored the potential disruptions and job losses that AI could bring, particularly in the transportation and writing industries, while also highlighting the positive aspects of AI, such as increased efficiency and convenience. They also discussed the potential impact of AI and Bitcoin mining on energy consumption, emphasizing the significance of these factors for the future of energy utilities. Kallen presented a contrarian viewpoint on the economic cycle, expressing skepticism about the likelihood of a recession and the anticipated decrease in interest rates. He referenced his previous predictions and suggested that bond prices may experience only a minor softening. The conversation also touched on the potential future of US mail delivery, with Kallen expressing skepticism about the long-term sustainability of the US Postal Service and advocating for government downsizing. Overall, the conversation delved into the uncertainty surrounding the current economic climate and its potential implications for interest rates and bond prices, as well as the potential impact of AI and autonomous vehicles on various sectors.

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From Desk to Destination: Work Anywhere, and Live the Traveler’s Dream with Aaron Clements

from Kerry Lutz's Financial Survival Network

Kerry and Aaron Clements discussed the digital nomad lifestyle, highlighting its advantages and challenges. They talked about the freedom and independence it offers, as well as the potential loneliness and need for adaptability. Aaron provided valuable advice for those considering this lifestyle, emphasizing the importance of pursuing work that aligns with their passions and understanding their essential needs while traveling. He also promoted his book, “From Desk to Destination,” which provides a comprehensive guide for transitioning to the digital nomad lifestyle, including practical tips, mindset strategies, and insights on maximizing resources and opportunities.

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The Tax Free Business Owner with Mark Miller

from Kerry Lutz's Financial Survival Network

Kerry interviewed Mark Miller about his book, “The Tax-Free Business Owner,” which offers over 130 tax mitigation strategies. Miller emphasized the importance of proactive planning to reduce taxes and highlighted the need for formalized tax plans and working towards a zero tax bracket. The conversation also covered the significance of trusts and wealth strategies in minimizing taxes and building wealth, as well as the importance of estate planning and utilizing advanced investing strategies from the Hilton True Wealth portfolios. Miller also shared information about an upcoming book that will delve into the advanced investing strategies utilized by the Hiltons.

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Potential Future of Electronic Payment Systems with Jeremy Lessaris

from Kerry Lutz's Financial Survival Network

Kerry and Jeremy Lessaris discussed cost reduction in credit card processing. Lessaris explained his method of using machine learning to assess the profitability of current processors and negotiate lower fees without requiring businesses to switch processors. He emphasized the importance of regularly reviewing processing statements as pricing can change unpredictably. The conversation also delved into the intricacies of credit card processing fees, the predatory practices of companies, and the potential for alternative payment methods like cryptocurrencies and ACH transactions to offer solutions to these challenges. Paymentbrokers.com was mentioned as a resource for further information on these topics.

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Overcoming Fear: Tackling Failure, Public Speaking, & Digital Communications with Ron Koenigsberg

from Kerry Lutz's Financial Survival Network

Kerry and Ron Koenigsberg discussed various topics related to personal and business growth. They talked about the evolving real estate market and the importance of effective sales skills, emphasizing the significance of active listening, positive thinking, and enthusiasm. The conversation also touched on overcoming fear, particularly the fear of failure and public speaking, and the challenges of managing text messages. The speakers shared personal experiences and insights, highlighting the relevance of communication, resilience, and personal growth in achieving success in various aspects of life and business.

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Guns, Girls, and Greed: I Was a Blackwater Mercenary in Iraq with Morgan Lerette

from Kerry Lutz's Financial Survival Network

Kerry and Morgan Lerette discussed various topics related to the challenges and complexities of military engagements in Iraq. They explored Lerette’s experiences as a mercenary, the difficulties of nation-building, the challenges of providing support in a self-interested environment, and the historical and contemporary role of private military contractors. The conversation shed light on the lack of coordination between different agencies, the limitations of General Petraeus’ strategy, and the difficulties of instilling democratic values in societies where tribal loyalty takes precedence. They also discussed the potential impact of private military contractors on political decision-making and the need for greater scrutiny and regulation in this area.

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Demographic Shift Impacting Gold Miner Valuations Explains Mining Sector Expert Brian Christie

from Mining Stock Education

“There has been a bit of a demographic shift. Guys my age are retiring, and they are not putting a lot of their money to risk as much anymore. Even the flow-through market here…there used to be a lot of doctors, dentists, lawyers that would typically put money in flow-through funds to get the tax advantage. The Canadian government has changed some of those rules and made it a lot harder. So, I think that is part of the disconnect [between the gold price and gold miners’ valuations],” says mining sector expert Brian Christie. Listen to this MSE interview for more insights from Mr. Christie.

Brian Christie has vast mining sector experience. He began his career as a geologist and saw two mineral discoveries first-hand. Then he traveled the world as a journalist for The Northern Miner. Brian next served as a mining equity analyst for nearly two decades before leading the investor relations team at Agnico Eagle, a leading gold producer. Currently, Brian is on the board of directors for Wallbridge Mining and, since May 2023, is the chairman of Fury Gold Mines (MSE sponsor).

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Dollars and Sense: Shield Your Wallet From Inflation’s Bite with Mindy McIntosh

from Kerry Lutz's Financial Survival Network

Kerry and Mindy McIntosh discussed the implications of the 1.6% annual GDP growth in the first quarter, including the potential effects of rate cuts on mortgage interest rates and CD rates. They also highlighted the importance of consumers having a well-diversified financial plan to combat the erosion of purchasing power due to inflation. The discussion also touched on concerns about the sustainability of the current economic path and the need for a wake-up call to pull back from the brink. In a separate discussion, they talked about the long-term implications of AI on the economy, emphasizing the need for thoughtful investment strategies and caution against knee-jerk reactions. They also discussed the potential impact of AI on personal interactions and communities, while highlighting the importance of maintaining a balance between technological advancements and human-driven experiences.

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Cuomo Vax Injury, Trump Trials Fail, Failing Banks Coming

by Greg Hunter
USA Watchdog

A CV19 vax injury that will help wake up the world has been reported. Former CNN News anchor Chris Cuomo is on the airwaves telling the story of his CV19 vaccine injury. He says he has “inflammation” and “brain fog.” Cuomo reveals he is being treated on a regular basis with Ivermectin. Good move, Chris. Sure, Cuomo is eating crow now after he “shamed” people on air who were using Ivermectin to treat Covid a few years ago. I don’t want anybody to be sick from this evil vax or allow it to cut decades off their lives. This is more about waking people up to the fact they need treatment, like Cuomo is getting. Millions of the CV19 vaxed are NOT getting treatment, and Cuomo can shine a light on how they need to be treated with things like Ivermectin to fight the negative effects of the CV19 bioweapon vax. Ivermectin is a cheap, safe and effective “miracle” drug, and more people need to be treated.

All the lawfare (like warfare) cases against Donald Trump seem to be falling apart at the same time. Now, there is evidence from Missouri Attorney General Andrew Bailey all the cases against President Trump may have been conceived around the same time by the Biden Administration. AG Bailey says he is demanding the DOJ turn over all communications of the illicit prosecutions of President Trump. Bailey says he has evidence that all the prosecutions against Trump were coordinated by President Biden’s minions. Legendary fight promoter Don King says, “We must elect Trump in 2024 to save ourselves.” King might get his wish because it looks like the Biden lawfare cases are not going to stop Trump.

Continue Reading at USAWatchdog.com…

Bear Squeeze in Silver and Gold Resumes

by Alasdair MacLeod
Gold Money

Gold and silver had a better week, with gold up $67 from last Friday’s close at $2369 in European trading this morning, and silver at $28.60 up $2.10 over the same time frame. There was a little more volume in the Comex gold contract, but silver’s was vanishingly low, as shown below.

[…] Most of the action was yesterday (Thursday) when a poor US jobless claims number sent gold and silver higher, and bond yields lower. This was taken by commentators to imply a greater chance of an early reduction in the Fed Funds Rate, which explains why bond yields declined. Furthermore, a successful 30-year US Treasury bond auction allayed fears of funding difficulties.

This is probably more noise in the background rather than meaningful information because jobless claims are notoriously misleading. A better clue as to what is happening is shown in the lower of the two charts above, for silver’s daily Comex volume. The clear explanation for silver’s performance is it is a bear squeeze on the shorts, rather than bullish buying.

Continue Reading at GoldMoney.com…

Lost in the Vast Wasteland of Social Media

by Charles Hugh Smith
Of Two Minds

Once we’ve made “digital visibility” the primary source of our identity, status and self-respect, we’ve doomed ourselves to wandering, compass-less, in a vast artificial wasteland.

That social media is addictive is self-evident. The temptation to continue scrolling is as limitless as the vast wasteland of content.

The destructive nature of this addiction is also self-evident. The net result of this addiction is depression, anxiety and rising rates of self-harm and suicide.

The immense profitability of addiction to screens and social media establishes the corporate incentives to increase their addictive power and thwart attempts to limit this profitable power. Who cares about self-harm and depression when shareholder value is at stake?

Continue Reading at OfTwoMinds.com…

Don’t Believe the Wrong Things

If you’ve got a couple of spare decades on hand, and you don’t believe in Peak Oil, go head and buy these markets at these prices. Eventually you might break-even.

by Dr. Chris Martenson
Chris Martenson’s Peak Prosperity

We live in a post-truth world. Unfortunately, this really complicated the already complicated subject of investing. I mean it’s hard enough already, right?

But our official statistics aren’t even remotely correct. Inflation and Jobs are two sets of numbers the US government routinely fibs about.

And the Federal Reserve spends far too much time trying to keep stocks and bonds at inflated values. Those efforts at central planning will end the same as they always do; rubbished on a heap of unintended consequences.

Still, this is the game and we have to play.

Continue Reading at PeakProsperity.com…

The Return of the Dreaded “S” Word

by Byron King
Daily Reckoning

If you’re under the age of about 60, you’ve never experienced stagflation. Back in the ’70s, everyone experienced what happened and people spoke openly about it. The term itself — “stagflation” — was a shorthand term to describe what was clearly and painfully a broad, national economic unwind.

Throughout the decade, the rate of inflation crept up and people saw it in daily life. Food became more expensive, as did gasoline, and certainly housing. Meanwhile, entire swaths of the legacy U.S. economy began to contract, particularly in job-rich, good-paying industries like steel and other metals, machine building, heavy equipment, autos and much more.

It was a shock to many Americans. For 25 years after World War II, and certainly through the 1950s and ‘60s, America experienced a generally solid economy.

Continue Reading at DailyReckoning.com…

Industrial Demand Sets Record and Other Silver News

by Mike Maharrey
Silver Seek

Industrial demand for silver set a record in 2023 driven by a significant increase in silver offtake in the solar energy sector.

This was one of several stories on the silver market featured in the latest edition of Silver News published by the Silver Institute.

Industrial demand for silver came in at 654.4 million ounces in 2023.

According to the Silver Institute,

“Higher than expected photovoltaic (PV) capacity additions and faster adoption of new-generation solar cells raised global electrical and electronics demand by a substantial 20 percent.”

Other green energy initiatives, including power grid construction and vehicle electrification, also boosted silver demand.

Continue Reading at SilverSeek.com…

Actual Collusion? Missouri AG Accuses Biden DOJ of Coordinating with Trump Prosecutors

from Zero Hedge

Missouri Attorney General Andrew Bailey filed a Freedom of Information Act (FOIA) request on Thursday as part of a probe into whether the Biden DOJ coordinated with Trump prosecutors.

“The investigations and subsequent prosecutions of former President Donald J. Trump appear to have been conducted in coordination with the United States Department of Justice,” Baily posted in a lengthy thread on X.

“This is demonstrated by the move of the third-highest ranking member of the Department of Justice, Matthew Colangelo, to the Manhattan District Attorney’s Office in order to prosecute President Trump in December 2022,” Baily continues.

What’s more, Manhattan DA Alvin Bragg worked hand-in-hand with NY Attorney General Letitia James in pursuing civil litigation against Trump, which he used to campaign on.

Continue Reading at ZeroHedge.com…

A Recession in Early 2025 Could Send the Stock Market Tumbling 30%, Strategist Says

A recession by early next year could send stocks down 30%, says BCA strategist Roukaya Ibrahim.

by Yuheng Zhan
Yahoo! Finance

There are two factors signaling a recession by year-end or early 2025, and a downturn could spark a 30% correction in stocks, according to BCA strategist Roukaya Ibrahim.

The strategist said on Monday that the US stock market is highly valued, and growth the PE estimates will sink back to levels more in line with the five years before the pandemic.

“I think that raises the likelihood that they’re more vulnerable to the downside. And our expectation if we do get this recession, late 2024, early 2025, the S&P 500 is most likely going to fall to around 3600,” Ibrahim told Bloomberg TV on Monday.

Continue Reading at Finance.Yahoo.com…

Our Favorite Recession Indicator: Next Recession Keeps Moving Further Out

by Wolf Richter
Wolf Street

It’s time again to look at the trends in claims for unemployment insurance benefits.

The funnies this morning were the headlines about weekly initial claims for state unemployment insurance benefits. They rose to 231,000 seasonally adjusted, “the highest level since August,” Bloomberg’s headline exclaimed. So let’s see. August was of course in the middle of the infamous Q3 2023, when economic growth boomed 4.9%, more than double the normal rate for the US.

Not seasonally adjusted, initial claims for unemployment insurance inched up to 209,000, the highest in, let’s see, three weeks, according to today’s data from the Labor Department. Their seasonal high of 318,000 occurred at the beginning of January when the temporary shopping-season workers file for unemployment claims.

Continue Reading at WolfStreet.com…

California’s Leaders Still Ignoring State Pension Debt

California has just 72 percent of the assets needed to make payments to retired public workers, many of whom get to collect six-figure annual payments.

by Steven Greenhut
Reason.com

When arguing about whether the Treasury needed to take urgent action to deal with soaring federal debt in the 1980s, the late former chairman of the Council of Economic Advisers Herb Stein coined Stein’s Law. It was simple and obvious: “If something cannot go on forever, it will stop.”

I hate to pick nits with such an esteemed economist, but I’ll offer Greenhut’s Corollary: “Never underestimate politicians’ ability to kick the can down the road.” In 1986, federal debt was $2.1 trillion. In 2024, the debt is $34 trillion. Debt spending of this magnitude cannot go on forever, but it can fester for a long time and cause economic damage in the process. But, yes, it probably will stop eventually.

Continue Reading at Reason.com…

The CDC’s Latest Myocarditis Study is a Con Job

by W.A. Eliot
American Thinker

Stung by media reports of young athletes dropping dead seemingly often and everywhere, and sensitive to the claim that studies relying on the passive VAERS reporting system drastically underreport vaccine events including deaths, the CDC looked at Oregon death certificates in an effort to eliminate reporting bias on COVID-19 vaccination deaths. Here are excerpts of the abstract of its April 11, 2024 study:

COVID-19 vaccination has been associated with myocarditis in adolescents and young adults, and concerns have been raised about possible vaccine-related cardiac fatalities in this age group…To assess this possibility, investigators searched death certificates for Oregon residents aged 16–30 years who died during June 2021–December 2022 for cardiac or undetermined causes of death. For identified decedents, records in Oregon’s immunization information system were reviewed for documentation of mRNA COVID-19 vaccination received =100 days before death…No death certificate attributed death to vaccination. These data do not support an association between receipt of mRNA COVID-19 vaccine and sudden cardiac death among previously healthy young persons. COVID-19 vaccination is recommended for all persons aged =6 months to prevent COVID-19 and complications, including death.

I know exactly what you’re thinking: “There needs to be a quick and devastating published take down of its premises. I don’t see anything like that on line yet — is it underway?”

Continue Reading at AmericanThinker.com…

Articles of Impeachment Drawn Over Biden’s Withholding of Israeli Aid for Political Reasons

by Wendell Husebo
Breitbart.com

Articles to impeach President Joe Biden over his decision to withhold aid to Israel for political reasons are in preparation, freshman Rep. Cory Mills (R-FL) announced Thursday.

Biden’s decision to withhold bombs from Israel is concerning due to its political implications. Biden’s base wants him to defund Israel, while many moderate Democrats support Israel’s ability to defend itself against terrorists. Biden appears stuck between competing coalitions during an election year. He currently trails in the polls to Trump and has a historically low approval rating to win reelection as an incumbent.

Democrats accused former President Donald Trump in 2019 of withholding military aid from Ukraine for alleged political reasons.

Continue Reading at Breitbart.com…

Turk: This Could Be the Big One for Gold, Silver and Miners as Today We Got a Trifecta of Upside Breakouts

from King World News

Today James Turk told King World News this could finally be the Big One for gold, silver and miners as today we got a trifecta of upside breakouts.

May 9 (King World News) – James Turk: We got a trifecta of breakouts today, Eric. Gold, silver, and the XAU Index of mining shares all hurdled above the resistance levels I pointed out when we spoke on Monday.

Gold ended today in New York above $2340; silver hurdled above $28, and the XAU closed above 140. Now all we need is some solid upside follow through over the next few days to confirm that all three markets are resuming their bullish uptrends, which would mean that each of these levels is a major breakout.

Continue Reading at KingWorldNews.com…

I Received a Request for an Interview From a French University Ph.D. Student for His Dissertation: This is My Reply.

by Dr. Paul Craig Roberts
PaulCraigRoberts.org

Pierre, I don’t think your questions are relevant.

In the US and throughout the Western World, or what little remains of it, the white ethnicities who once constituted nations are now submerged in towers of babel in which the white ethnicities are demonized, and in the US reduced to second class citizenship in law, made to feel guilty and not only silenced but actually punished for protesting the over-running of their countries by Immigrant-invaders.

The intrusion of government into the family has destroyed the authority of parents. It is the state that has power over children. The children are brainwashed and indoctrinated in public education that they and their parents are racists and that they might be born into the wrong body from their real gender. In the US fortunes are being made in changing the gender of children in a process that legally has been taken out of the hands of parents.

Continue Reading at PaulCraigRoberts.org…