CR Dean retweeted
Abdul El-Sayed says that he wants the government to put money in people's pockets. But the government has no money that it doesn't first take from people's pockets. So what he's really advocating is that the government take money away from some people and give it to other people.
CR Dean retweeted
“Si gravas a quienes trabajan y pagas a quienes no trabajan, no te sorprendas si acabas teniendo mucha gente que no trabaja.”
- Arthur Laffer -
CR Dean retweeted
BREAKING: The Nasdaq 100 closed down 6.4%, its worst day since the COVID crash on March 16, 2020.
CR Dean retweeted
$LUG reports its Q3 2026 results, with record production and earnings driving continued significant shareholder returns.
Highlights:
• Record gold production of 153,736 oz and gold sales of 148,326 oz at an average realized gold price of $4,299/oz
• Record revenues of $633 million and adjusted earnings of $297 million ($1.23/share)
• Cash operating costs of $862/oz and AISC of $1,037/oz sold
• Record free cash flow of $331 million ($1.37/share); returned $264 million to shareholders through dividends and share repurchases
• Declared cash dividends of $1.14/share payable in Q4 2026
• On track to meet 2026 production and cost guidance
For full details: bit.ly/4iGLkDj
CR Dean retweeted
Canada and China extended a deal to lower Beijing’s agricultural tariffs through the end of 2028, while pledging to continue discussions on boosting Canadian exports to the Asian superpower bloomberg.com/news/articles/…
CR Dean retweeted
It's a different story when we compare gross debt to GDP.
Canada is near the top of the G20. In fact, Canada is near the top of the world....period.
We are living far beyond what we can afford. And that's just federal debt. We also have unsustainable levels of provincial, municipal and personal debt.
CR Dean retweeted
Watch for this trick in this week's Canadian budget.
Ottawa will brag about “low net debt.” They started doing this when CArney got elected. What they won’t tell you is that the only reason that number looks good is because they’re subtracting roughly a trillion dollars in CPP and QPP assets.
Those funds are not government money. They’re held in trust for workers and retirees. The feds can’t spend them, borrow against them, or use them to cover their own deficits. Subtracting them is not standard accounting. In fact, most other countries don’t do this because the money is earmarked and legally unavailable for general government spending.
This is how they plan to conceal the real borrowing binge. Gross debt keeps rising, debt-service costs are exploding, and they’re using our pension savings as an accounting offset to pretend there’s still fiscal room.
Don’t fall for the “net” number. It's a deliberate sleight of hand.
1/
CR Dean retweeted
Outstanding interview with Rick Rule here. Kerry is a great interviewer too.
Rick said that based on the current Gold price and company cash flows, gold stocks are as cheap as he's seen in his 50-year career.
That doesn't mean they can't get cheaper. But that's a hell of a statement.
When it comes to precious metals and natural resource investing, few people bring the depth of experience, knowledge and market insight of Rick Rule.
With more than five decades in the investment business, Rick has witnessed multiple commodity cycles, market booms and busts, and the opportunities that emerge when others are looking in the opposite direction.
In this interview, we sit down with Rick to explore his perspectives on the precious metals and resources sector, the forces shaping today's markets, and what investors should be watching as the global economic landscape continues to evolve.
youtu.be/3xeka03KJQA
CR Dean retweeted
I asked Dr. Ron Paul if there was still a realistic way out of America's $40 trillion debt crisis without major inflation or losing control of the dollar.
His answer?
“Basically, no.”
He then made a chilling prediction:
“The debt will be liquidated by the destruction of the currency.”
You can watch the full conversation, here: youtube.com/watch?v=PaURREYp…
CR Dean retweeted
JUST IN: The US still has an inflation problem and it's getting worse again.
PCE Inflation rose to 3.6% in September. That's the highest since May.
Core PCE Inflation (excludes food and energy) ticked up to 3.1%. That's also the highest since May.
Bottom line: Inflation is back near a 3-year high. It's largely due to war in Iran, but there's legitimate concern that inflation is spreading beyond energy.
CR Dean retweeted
Scottie Resources Hits 23.1 g/t Gold over 7.00 m and 20.6 g/t Gold over 5.60 m Reinforcing High-Grade at Blueberry Contact Zone $SCOT.V tinyurl.com/2aj6jkc5
CR Dean retweeted
“They’re going to want territory they haven’t even conquered yet because, frankly, they suck,” says @RepDanCrenshaw about Russia’s demands for ending its war with Ukraine. Rep. Crenshaw just returned from a trip to Kyiv and took issue with Elon Musk’s comments on Ukraine’s use of Starlink satellites on the battlefield.
CR Dean retweeted
2/ Russian forces have made effectively zero net gains in 2026 at the cost of over 40,000 casualties per month since July and around 458 casualties for every square kilometer of territory that Russian forces lost.
CR Dean retweeted
Copper needs $332 billion in new mines to avoid a deficit, BloombergNEF says. The gap starts in 2028 and could reach 20 million tons by 2050, 44% of demand, risking slower EV, battery and grid rollout. #Copper #Mining #Metals #EnergyTransition
oilprice.com/Latest-Energy-N…
CR Dean retweeted
US and China's combined money supply is approaching COVID levels...
Anyone remember what happened to inflation after COVID? It peaked at 9%.
But...what was bad for citizens was good for the government.
US debt to GDP plunged from 132% to 115%.
As Trump said, you can reduce the debt rapidly through inflation.
We don't own enough hard assets for what's coming.
CR Dean retweeted
Ray Dalio's family office sticks to what he believes and says in interviews - the decline of fiat currencies. Hence, he holds 87% in Gold ETFs.
CR Dean retweeted
“The situation has never been so serious; the Fifth Republic is on the verge of collapse. My family has served France for centuries, and if France calls upon me, I will be at its service. The indispensable condition is that France desires the return of the monarchy - a monarchy above parties, unifying.”
- Luís de Bourbon, direct descendant of Saint Louis IX
