First Mining Gold Corp (FF) News

That would appear to be very good news. WTF took them so long?

I'll answer my own question. They're having to do it because they need to get revenue going. Canada's in bad financial shape and they HAVE to get the ball rolling on these projects like Springpole to stay afloat. Now all of a sudden they're cutting the red tape and regulations to get these projects moving faster. About time!

Does that mean Springpole gets the final EA permitting ahead of time? Maybe.
His talk may just be talk, let's see if it really happens.

I don't think the bottom is in on our share price yet. The way Paul spoke the other day to me, we're going to be waiting for the mining sector to turn up before we see any love in the share price. When that happens is anyone's guess.

That's what I got from our conversation anyway. My theory that we might get a deal before a sector up turn might not be happening. We just continue to wait......

So, chat about FMG. What have you got to say that brings something of value here? Have at it.

You could always lead by example. Unfortunately, I think letting us know that nothing has changed and we are struggling to stay above .10 becomes repetitive. So until there is something worthy to discuss about FFMGF there is only the macro picture to contemplate.

Is this just election talk?  
Canada’s federal government will permit major infrastructure and mining projects with provincial and territorial approvals alone, Prime Minister Mark Carney said Friday evening after meeting with the country’s 13 premiers.
https://www.mining.com/canada-scraps-federal-review-of-large-projects/

Can we keep this chat about FMG

This is a VERY complicated interview, but worth the listen. Eric Y. explains how the cluster-fuck that is the Comex and LBMA scam works for the Banksters.

Yet, just another scheme that makes the rich, richer and the rest of us bag holders

.

Yes, well said. Almost no one knows about the origins and dealings of the Fed. They'll certainly never be revealed by them. The public doesn't even really know how they operate NOW.

I too was especially appalled at the brazen measures that governments around the world took to quell people's rights when it came to Covid, but just like where the true origins of Covid came from, all of it was swept under the rug. People have no real personal freedoms anymore IMO.

Didn't know that about Stanley Kubrick Interesting.

The federal reserve is a private company registered in Delaware that belongs to the Rothschild Zionist Jewish family, and it’s through the fed and all the other central banks in the world how and why THEY control and own planet earth, why 95% of Hollywood is owned by THEM, why our government is owned by them (both left and the right), why porn is owned by them, why all the media outlets are owned by them, all of big tech. Everything.

Henry Ford
Marlon Brando
Mel Gibson
John F Kennedy
Bobby Fischer
Stanley Kubrick
Kanye West
Dan Bilzerian

These are just some of the names who call them out for the evil wicked blights to planet earth that they are. Is everyone a crazy demented racist or is there a pattern here?

Why is the fed or central banks in general bad? Especially when they’re in the hands of people whose guiding principles are pure evil? Because even if you gave a normal decent person the private legal right to printing money, 99% (I’m discounting the 1% benign altruist Marcus Aurelius types), they would inevitably use that power for personal gain (why wouldn’t want a Ferrari and a swanky mansion with money they didn’t have to work to earn and just clicked “print” to make) and that’s why central banking is an inherently evil idea ESPECIALLY when in the hands of people who were evil and depraved wicked psychopaths to begin with.

Like Stephen Milford Goodson said in “The history of central banking and the enslavement of mankind” (an excellent banned book that expands on what the creature from Jekyll island talks about which is very limited in scope), the only solution is to restore the power to print money to the people aka the state backed by a solid constitution and government with checks and balances and a society with a strong moral fiber as it was in the 1950s and prior, which is what these jewish banksters worked and masterminded tirelessly and meticulously to erode via the education system (which they own), the governments (which they own), the corporations (which they own), porn (which they own / owner of ONLY FANS is a Jew, owner of pornhub is a Jew), the list goes on.

And make no mistake about it, and this is coming from a 2016 and 2020 Trump voter (I voted for nobody in 2024), Trump along with Musk and Vance and beyond is their puppet. If the fed gets abolished, it is only because Rothschild willed it and because it is a chess move by them which means its replacement will be just as bad or worse.

Central banks have granted these satanists $1000 trillion in stolen gold and wealth, all ill gotten of course, and with that kind of money you are effectively a god and can do whatever you want, which is what they have been doing for 100+ years since the fed’s inception in 1913 and 200+ years since the inception of the “bank of England” which was the precursor to the federal reserve and the world’s very first central bank.

Communism, feminism, trans, Covid, 9/11, USS Liberty are all their creations and manufactured events. False flags > pretense > pass laws and start wars under said false pretense that take away more freedoms while further devaluing the currency of that country. Killing 2 birds with 1 stone.

Stanley Kubrick tried to expose “them” in Eyes Wide Shut (watch that movie as a documentary instead of entertainment) and he died of a “heart attack” 5 days after he screened the movie to Hollywood execs.

Once you learn the truth, the real truth about this world, it’s horrifying and it disheartens you beyond imagination. Even those with the strongest of stomachs can’t weather the agony of realization and connecting the dots. It’s a lot deeper than this, I’m just touching on the tip of the iceberg, but the truth is it’s too late. We are at the final stages of their one world government plans and the masses are too dumbed down, brainwashed, cowardly, and stupid to do anything about it. Look at how fast and easily most did as they were told during COVID.

That article I posted just gave reasons the Fed and central banks don't work and should be replaced. If you want to be educated about the Fed and central banks I suggest you read the book the "Creature from Jekyll Island" that gives a good overview of how the Fed was actually formed and created years ago.

The Fed and central banks are nothing more than a group of unelected banksters that TRY and run the monetary system. It works fine for them and their cronies, but not so well for the rest of us. The System doesn't have to be run by these people and can run like a free-market economy should be run. Let interest rates rise and fall unencumbered, not by what the Banksters dictate it should be. Let the free-market economy work the way it did BEFORE the Fed was even created. That's inherently the problem we have in this country anyway. Everyone thinks these government run agencies are the solution to our problems and they're not. They're really the problem.

Currently, they control how the monetary system works, what part of that idea is free and equitable for everyone.? These people are unelected bureaucrats that look after themselves and their cronies. If they audited the Fed, my guess is they would make these other horror stories Musk is finding now pale in comparison.

I hope Trump does something to either replace the Fed or overhaul it completely. They're not transparent or accountable to anyone. What part of that is good?

The article I posted just gave good reasons why the Fed hasn't worked and should be abolished. That would be very clear to you if you educated yourself on how they were formed and to whom they really serve. It's NOT the American people.

I honestly didn't learn very much about the FED from this article.   It just seemed like 19 reasons of rambling nonsense.  I don't support an unelected branch of government that has no oversight or accountability from the elected government.  I don't support the FED.  
Abolish the FED and then what?  I'm not smart enough to even think about these things.  But in the last 120 years, we have seen incredible progress in manufacturing and farming and medicine and technology.  Energy, Electricity, communications,  cars, airplanes.  Literally everything has become more affordable based on an hour of pay in the last 120 years.  The basic standards of living are better now for most people than it was 120 years ago.  I had grandparents survive the great depression trying to scratch enough food out of the dust bowl just to survive.  As a child my mother worked a job at a bowling alley setting the pins up manually.  This is just one insane example of the simple things we take for granted today.
Obviously there has been a rapid erosion in the affordability of living in the US over the past 10 or 20 years.  That's a big problem and probably a big bubble that needs to pop.
I'm not defending the FED.  The national debt is at crisis levels.  I just don't know how to measure success or failure for 120 years with such a narrow definition.   
Some of the charts Tavi Costa puts out seem to indicate most of our problems with debt and the destruction of the US Dollar are more directly the result of leaving the gold standard.  Seems like 97% of buying power lost in the last 50 years.
I'm not sure the FED can be abolished without also replacing the Dollar with some other form of currency.  I don't have any answers.  Nothing makes sense.   Even gold is too heavy to carry in your pocket.
However everything requires affordable energy and affordable power.  If we lose affordable energy and affordable power, we will go back to the days of manually setting up the pins in a bowling alley.  Nothing is possible without affordable energy and power.  Nothing.

Here's another really good Peter Boockvar interview. IMO this Guy really gets what's going on and is smart enough to see behind the curtain to determine what's coming. He's been bullish on gold for a while now and still recommends it. He sees slower spending that will most likely lead to a recession. I agree with that view.

Excellent article and exactly why the Fed needs to be abolished.

https://www.zerohedge.com/markets/19-reasons-why-fed-heart-our-economic-problems

So, they obviously knew there was something in the works with the Osisko/Goldfields deal. I'm thinking they may be doing the same here with us. It HAS to be a good sign if nothing else.

They also seem to be heavily involved in the resource sector.

I'm not completely sure, but I believe this is them buying. Paul M. mentioned them to me in our conversation and he spoke highly of them also. I had never heard of them of prior to his mentioning them to me.

Maybe this is a good sign moving forward that they're accumulating shares.

Haywood is a stock brocker in Canada. They have helped facilitate US investors participate in the private placement events First Mining has offered. It becomes complicated with the legend removal of the warrants and they make it very easy. I've used them and would highly recommend. Very curious if this is them or one of their investors. If that's even possible?

Haywood Capital bought Osisko maybe 15 or 20 times.  I lost count.  I wonder what percentage of Osisko they owned by the time it sold?

Haywood Capital bought Osisko at least 3 times.Page 8, 9 and 10 of their website.
Maybe first time is Golden for their purchase of First Mining. 

Nice find.  Thanks for sharing. Kept scrolling back a few more pages.Haywood Capital purchased 32.2 million shares of Osisko in February 2023 (just 3 months prior to the $600 million 50% acquisition of Osisko by Gold Fields).  The next chapter to the story was the August 2024 $2.2 Billion acquisition of the remaining 50% of Osisko by Gold Fields.
I sure hope Haywood Capital catches lightning a second time with First Mining.  
Osisko purchase:02/28/2023Private Placement
SYNDICATEC$100,006,00032.2 Million Units

I see here where Haywood Capital bought into one of the company public offerings back in September 2024. Looks like they bought almost 58 million shares. Go to page 3 to see it.

https://www.haywood.com/what-we-offer/investment-banking/recent-transactions

Thought Haywood Capital might have the note about FMG on their website. Paul read me they had a .65 target on our shares and had good things to say about us. This was all I found. Their link just goes back to our website.

https://www.haywood.com/what-we-offer/research/mining-research

Another thing I forgot to post. Paul was talking about Duparquet and told me something I haven't heard Dan speak to.

It would seem now that their focus is for the money resources on finding more gold on that property and not to do a starter mine there. I didn't ask him why, but I suppose with limited money, finding more gold is a bigger priority. Just my guess.

I just got through talking to Paul Morris in IR.

I had a short list of questions for him, I'll share here. I asked him about if they expect to do any further share dilution going forward and he couldn't say NO to me that it wouldn't happen, but we did agree that our share price needed to go higher for further dilution to happen. More dilution down at this depressed share price doesn't make any sense. I'm hopeful they will continue to tread water with deals done like FM without further dilution until our share price is much higher. That may be wishful thinking.

I asked about First Nations and final Springpole permitting approval. Dan has said more than once that EA approval at Springpole would be by year end. Paul told me that is HOPEFULLY when it happens. I asked Paul about how the final permitting and FN's study would work if the fed's permitting was given before they gave their approval? He again told me that those are two separate issues and that they thought when the EA permitting was approved that FN's would give their approval too. He told me he shmoozed some of them at PDAC and took them out to dinner. A good time was had by all. IMO the FN study is mostly for Them and their lawyers to get a wish-list of things to have for their final approval.

I also asked about news on any potential deals being done. I thought his response was interesting. I think they want to see our share price move quite a bit higher from current levels before they entertain any potential deals getting done. That makes some sense, but the ONLY catalyst that will make that happen is for money to come back into the mining sector. How much longer will that take is the big question to be answered. How high does our share price need to climb before Keith would entertain a deal getting done? That may be a good question for Keith to answer.

He told me FMG is being covered now by another institutional outfit with a very good reputation in
the industry. Haywood Capital.

Overall good conversation, but often what I hear Paul tell me is NOT exactly what we hear coming from Dan on some of his videos. JMO

Here's some really good commentary from Ed Steer about gold/silver deliveries and what the short positions for both are looking like now. He seems to think that if there's a big, short covering rally coming it will drive prices of both metals to very high levels. Paper markets will crater and physical metal will be what's required.

This is excellent commentary from Ed.

It didn't take very long for Trump to start calling for rate cuts. IMO as the economic numbers start becoming worse this theme will grow and should have Trump and Powell at each other's throat, IF Powell won't cut.

Powell and the Fed think inflation is still elevated, so why would you cut interest rates or at least that's what he said yesterday.

https://www.marketwatch.com/story/trump-calls-for-fed-to-cut-rates-as-economic-effects-of-tariffs-start-to-kick-in-eb76a9b9?mod=home_lead

Interesting 

Peter Schiff was just on Fox biz news dragging Powell through the mud and speaking to much, much, higher inflation to come. He said double digit inflation is coming in the not-too-distant future.

So, in order for that to happen the fiat money printing will be going off the rails at some point. Powell said in his little talk that them reaching their 2% inflation target will take another 2 YEARS. What a damn fraud these people are. That target will only be reached if we see a big crash and massive money printing and QE to follow.

Just watched this video from PDAC that has these Guys talking about M&A possibilities. FMG isn't brought up in the discussion, but they speak to some possible acquirers, not so much companies to be acquired.

They made some interesting points about these mining CEO's and executives knowing each other or maybe having worked with people in the various mining companies. That might give us some insight as to who Keith might feel comfortable with partnering or JVing with.

Partnering with an Agnico at Duparquet would be a nice move for us IMO and give us instant credibility.

Another big volume day for FMG. Someone is accumulating shares here.

Peter Schiff talking where he sees gold and silver going, He thinks the miners are a screaming buy now.
He thinks gold is headed up to $4K before any serious correction happens. Not sure I can agree with him there.

I don't recall seeing this interview with Keith before, so I thought I would post it. He mentions one big thing I didn't know about FM in this interview. We all know FM is/was seen as a pure silver play, but in this video, Keith talks about how they actually, UNTIL THE GATOS ACQUISTION, were mining more gold than silver. That surprised me.

I believe he said that once they added Gatos to the Company, that only then did they reach a 51% level of silver being mined. Until then they were mining more gold than silver. I remember hearing Keith say in an interview from a few years back, that although silver was their main thing to mine, the gold price was more stable and profitable to mine. That certainly is the case.

Both silver and gold are doing very well now, and FM's numbers should be blow-out this quarter.

Thanks for posting those links. The shocking number that you see in the Jan.2025 budget review is they spent $838 BILLION in just the first 4 months of fiscal 2025. That number is staggering to say the least and NOT sustainable. Trump HAS to reduce this spending and IMO he is trying to do that by cutting government spending and of course that's what needs to happen. Trump and his people know that will also lead to a slowing economy, so that's why they keep talking about short-term pain and won't deny a potential recession is in the works. What else can they say, the numbers speak for themselves. IMO a recession is in the cards it's just a matter of when it gets here and how severe it is. How many black swans will be revealed in a big market swoon?

IMO this is also why we're seeing this big move into PM's currently. The smart money knows what's coming and are positioning themselves accordingly. The mining shares are even perking up now. That's a long, long, time in coming and a welcomed sight, but I still expect a correction coming for PM's and mining shares. We still may not have seen the bottom yet in FMG shares. Because if we continue to see the stock market sell off and get a panic move lower, EVERYTHING will fall, including the miners. That's when I go all in on what I want to hold in mining shares.

Trump has a fine line to walk when it comes to keeping the economy out of recession or something even worse. IMO that may be coming and I'm skeptical of a soft landing being in the cards. Too many signs are saying a slowdown is coming. That should send interest rates lower and PM's higher after the initial flush is over.

Keep an eye on Snowline Gold guys. Like I said before Keith still owns 5% of this company which is now at almost a 1,4B (CAD) market cap. If this gets taken out for closer to 2B (CAD) then Keith will stand to net close to a 100m! What do you think he will do with this massive amount of money? My sense is that he might reinvest lots of it into FFMG or make some kind of a consortium where he comes in with a group of wealthy investors and make a deal with FFMG.

He will not sit on that money that's for sure. Looking good.

This Fellow gives a very good overview of why we're going to have AT LEAST some sort of recession going forward. This does not take into account a black swan event showing up

What the Trump regime is doing is slowing government hiring and government CONTRACTORS too. Private company lay-offs are increasing. Trump knows until they can get lower interest rates brought on by lower inflation, will the housing market work again. Potential home buyers can't afford to buy at the current interest rates. Lower interest rates can only happen if pain in the economy comes. That means a lower stock market and lower inflation. That will bring on at least some sort of recession IMO.

Enjoyed the Schiff article. Of course we know a detox is required. A detox from the last several years, including years of spending during Trump's first term. Question is - as referenced in the article - will Trump rein in spending. Yes, he is caught in a catch-22 here. Cut the spending and implement the cure and Trump will likely be blamed for the accompanying economic downtown and the president following Trump will be able to take the credit for the turnaround. So can Trump bury his ego and do what is right? That is a big question here. So far it looks to me like he can...his attitude and approach so far during this term are much more matter-of-fact than demeaning people and acting outrageously. He still does that, but much less than previously. All of this will drive gold higher and make Springpole/Duparquet even more attractive.

Here are two sites if you have time. They are a tad boring, but the numbers are there. Pay close attention to the outlays.....we're only getting started on the increases there.....both in terms of rising costs and rising numbers of enrollees as a wave of retirements hit. We better hope Trump's actions boost receipts.
https://www.cbo.gov/system/files/2025-02/61195-MBR.pdf
https://bipartisanpolicy.org/report/deficit-tracker/

Good Peter Schiff article about Bessent's "detox" of the U.S. economy. I think Schiff has it right. Too little, too late.

https://www.zerohedge.com/personal-finance/bessent-right-economy-needs-detox

Some interesting discussion on what could be coming. Oliver says Nasdaq technical support has already been broken.
If we don't see a crash-type scenario happen, then as he says we could be in a multiple year bear market set up.

Don't think there's been much discussion here about the coming Basel III implementation on July 1st 2025. This is very important for gold moving forward.

Here's a MUST-read article speaking to what's coming with that. The article explains why the gold that was held in London is coming back to the U.S.

https://www.zerohedge.com/news/2025-03-13/basel-iii-countdown-gold-crisis-banks-cant-ignore

We can speculate all day about what is or might be going on with future funding or deals being made behind closed doors. Only the company Insiders know those details.

IMHO we're getting ever closer to the end of this latest move higher in the gold price and the realization that an economic downturn or recession is not that far away. This should be the SHTF moment for all assets, including PM's to correct lower. I'm saying that to make this point.

I think/hope Keith is astute enough to know that whatever deal gets done with another partner needs to be completed BEFORE the markets turn back up because of the rate cuts and future fiat money printing that will certainly follow the economic downturn. That will be the sweet spot for parabolic moves in both gold and silver. That will be the time that the miners finally make their big moves higher. IMO this should come AFTER this big correction takes place.

Our management should already know this and have us aligned to be partnered or set up to take advantage of this move higher. If I can see it coming surely they should be able to also. This is history and has happened already many times.

I think the most important job (funding wise) for Dan and Keith right now would be to get that 30% Pickle Crow interest monetized. That has got to be worth something in the current gold environment because Pickle Crow is almost a 3m ounce deposit and FFMG is basically being free carried all the way to production. That project is of course part of Firefly Metals portfolio, so we don't really know what might be happening there behind the scenes, but I would suspect this asset could end up being sold for a few hundred million dollars. Another possibility would be to sell that 30% interest to a royalty company or similar investor.

Pickle Crow could end up netting us tens of millions or even close to a hundred million if a very good deal would be made on that asset. This money would be extremely important for us going forward because that would most likely remove all funding stress and would position us very well to negotiate the best possible deal on Springpole and Duparquet. That kind of money could even get us started on Duparquet all by ourselves if we started small. It would give us much needed leverage in negotiations. Let's hope a good deal would be announced soon on this asset by Firefly Metals or FFMG. I really hope Dan won't let go of that interest too easily. I think a much better deal would be to sell the NexGold shares if those shares would manage to rally and maybe give us 10m and also try to get rid of Cameron. Cameron is definitely not a meaningful asset for us any longer, so I could part with that asset as well for maybe 15-20m.

What I'm basically saying is that even though it might not look like it and FFMG has indeed issued lots of shares, I think it has been the right thing to do. These non-strategic assets/interests that we still own will most likely end up being worth a lot more than had we just dumped them on the market for pennies during this brutal bear market. I think Dan & Keith knows this as well which is why they rather issued shares and kept the assets.

I don't really see this as a bad deal for us in any way. We got to remember that Keith is the largest individual shareholder by far in FFMG so it just does not make any sense to do a very bad deal where FFMG shareholders would lose out. Keith is well aware that his 35m (and growing) share position could be worth over a $100m in the future if they get this thing done properly. Getting that €5m payment saves us for now from a 40m+ share issuance which most likely would have been done at 12 cents or so. I'm more than happy with that. Of course, First Majestic shareholders must also benefit in some way in the transaction since Keith is the CEO there and his job is to make First Majestic shareholders money. I still think this is a big win for us because First Majestic now has a very obvious interest in getting those warrants exercised. They even amended the terms so all of the warrants could be exercised if the price of FFMG shares stay over 30 cents for 45 consecutive days. I think this is a big indication from Keith that he believes we are about to start the uptrend and he is getting ready to position AG shareholders to benefit from this. I'm 100% confident Keith won't sell their FFMG shares if and when they exercise those warrants. It's obviously a strategic investment and I'm now starting to think First Majestic could after all indeed be the most likely candidate for us to partner up with on either Springpole or Duparquet (or both?). Keep in mind Springpole (if developed) will be Ontario's largest silver producer and there are lots of drilling results suggesting that resource could grow in the future. This fact could make Springpole a very nice strategic asset for First Majestic to own a piece of in a JV deal.

With silver now rising nicely, First Majestic will become a cash flow monster. Look at the projected free cash flows for First Majestic for 2026 and beyond. It's going to be in the hundreds of millions, most likely close to a billion dollars from here to 2030. That cash will be deployed to re-start Jerritt Canyon next and after that I think FFMG could be a very "hot" takeover target for First Majestic. We already know the future of First Majestic will be as a large silver & gold producer, they won't just focus on silver because that has proven to be too difficult. They need the gold revenues to balance things out. It should be a very easy sell for Keith to this board and First Majestic shareholders to partner up with FFMG and develop our assets. He has already proven to be the master in M&A that he is with the recent Gatos deal and if he gets Jerritt Canyon restarted there will be nothing stopping him from buying up FFMG next.

I think things are looking good for us here. Of course, it is also very much a possibility we will partner up with somebody else on these assets. Will be interesting to see how things play out.

You're making a good point about FMG shareholders NOT getting the best deal, but I suspect Dan had no say whatsoever in how this transaction was done. This was most likely Keith.
IMO this was probably all formulated by Keith and he wants to keep the FM shareholders happy. My guess is that FMG shareholders are the red-headed step child to FM shareholders.

This is also the feeling I'm beginning to get IF there's a merger deal done between these two companies down the road. Will FMG shareholders get the short end of the stick or will it be fair and equitable between both parties? Food for thought.

It is a nice cash infusion which hopefully reduces further dilution. I think they could have bumped up the cap on what FM pays FMG from 7.50 an ounce of silver to maybe $10. While we needed the cash infusion - it is FM who really benefitted from this transaction - saving them from losing well over 10m in warrants set to expire worthless. This was NOT a gift - we bailed out FM from a loss. Dan could have achieved a better deal for FMG in my opinion. Given silver's price rise - I think the 1/3 of silver cap of $7.5 is too low. Missed opportunity. Hope that future deals or transactions are better negotiated on behalf of shareholders.

Let's HOPE this move will be enough to get us over "doing a real deal" finish line. I predicted this sort of thing could happen with FM and to some degree makes me think Management is finally thinking of ways to stop FMG share dilution. We'll see if they continue to go down that path. I hope we don't need to raise more cash before a deal gets announced. That may be wishful thinking on my part.

I still contend that as long as they're diluting shares in the company, the share price will suffer. I would agree with You that this tariff riff with Trump and Canada should be positive for Springpole being permitted in the end.

A few more bucks to get us to the initial permitting finish line. While I think the tariffs are mostly a shock tactic, having them out there certainly does not hurt FF as it provides a compelling reason for provincial government to get the project going.
https://firstmininggold.com/news/releases/first-mining-announces-agreement-with-first-majestic-silver-to-accelerate-final-springpole-silver-stream-payment-and-amend-warrant-terms

Judy Shelton is spot on with her views on the scam that's the Fed. She's just too nice to come out and directly call them crooks.

The Banksters would be scared shitless if she was appointed Fed Head by Trump. Let's hope he does.
Better yet, abolish the Fed.

I like listening to Chris Whalen because he's close to the banking sector and gives good insight about the clusterfuck coming there at some point. IMO the banking/financial sector is where the black swan will come from.

Whalen doesn't see a recession coming this year and he gets into that here, but IMO the Trump administration doesn't want to delay a potential recession and would rather see it sooner than later. So, I would disagree with him there. He also talks about gold and Judy Shelton in this interview.

The number one item they're buying in Washington D.C. now is PAPER SHREDDERS. Here's government transparency at work. Destroy any evidence before it can be found.
Think about what they'll find at the defense dept.

https://www.zerohedge.com/political/shred-and-burn-all-documents-usaid-staff-ordered-destroy-evidence-tuesday

Over government regulation is killing the mining in Canada, plain and simple. I've posted videos on it here.

Pierre Lassonde and Frank Giustra did a long video together on the subject of how the Idiots in the Canadian government had ruined the mining investment environment there and how the Canadian government wasn't even investing money into mining. They harped on how long it took to get a mine permitted and its YEARS too long. I think we all know that story.

They need politicians up there that know how to run a country and more specifically a business. What
they're doing now's not working. Canada is one of the most resource rich countries in the world and
the damn government won't promote it.

Yeah, IMO Chris is probably close to being right. These big moves down in the overall stock market happen after the type of manias and run-up the market has done in the past. The dot-com bubble you mentioned is a good comparison.

Throw in a slowing of the world economies AND throw in a black swan or two with something that's not showing up on anyone's radar screen at the moment and we could see a big move down in 2025. We're still in the buy the dip phase from what I hear daily on the biz channels, but occasionally someone will mention the recession word, but that's very far from being consensus, even now.

I actually heard two people yesterday say they liked gold and one of the them even said he liked the MINERS. I very rarely ever hear say that.

Good video with Vermuelen. His discussion of the fabulous 7 companies reminded me of the high-flyers during the tech boom and bust. Also, Tesla putting in a double top is something that may portend a downturn.....however, people have been short against Tesla for years and have had the major success they expected (thus far).