Ace Rothstein

Canadian Dental Lab Technician, investor, and staunch advocate of peace and liberty for all. Currently back in college to become a Mining Engineering Technician

[Lukas Ekwueme @ekwufinance]

Who the fuck is selling gold?

We have Bessent intervening in the yen and calling up Warsh so he can print dollars to buy yen...

All of this hassle is about keeping US rates from rising.

And now people really believe Warsh is going to hike rates? Ridiculous.

Powell was perceived as a hawk. He wanted to cut the Fed's balance sheet in half...

He ended up doubling it.

Warsh can talk tough all he wants. At the end of the day, he will sacrifice the dollar to save the bond market.

We all don't own enough gold for what's coming.

[Rick Rule @RealRickRule]

Notice Ford refers to those privately owned abnd developed resources as Alberta's, Saskatewan's, or Ontario's, Really? They are privately owned.
A listen Ford, Carney, Trump and their lot must remember

[Rick Rule @RealRickRule]

Sir:
Can you spell O I L ?
How about G A S ?

[Ace Rothstein @MrAceRoth]

@SprottMoney I would be interested to hear Eric discuss Cerro de Pasco Resources (CDPR)

[Ace Rothstein @MrAceRoth]

Nice to see an update on San Antonio. In-pit material formerly classified as waste has now been identified as mineralization with promising grades from surface (23.6m @ 2.13 g/t Au). Channel samples on El Tigre, a regional prospect, also returned promising grades and continuity (1.11 g/t Au over 68.6m). Positive results and a PEA underway, projected for late Q3 2026.

[AXO Metals @AxoMetals]

$AXO

Axo Metals Drilling Intercepts 23.6 Meters of 2.13 g/t Gold From Surface at the San Antonio Project

https://t.co/LcIiK2ZTpu

[Ace Rothstein @MrAceRoth]

@AxoCopper 👏

[Ace Rothstein @MrAceRoth]

Enjoying some field work in the Cobalt and Haileybury, Ontario area with the Haileybury School of Mines for the last week! Back to Toronto for May Long, followed by a flight back home to Saskatchewan! My first trip to Northern Ontario has been awesome so far.
#HaileyburySchoolofMines #Sampling #Northern #Ontario

[Ace Rothstein @MrAceRoth]

@SteveSaretsky Government protecting property rights is an oxymoron. For example, it doesn’t seem that this government cares about property rights: taxing your income and making your guns illegal are both violations of property.

[Ace Rothstein @MrAceRoth]

This is pure insanity. The Sovereign “Wealth” Fund will likely be used to pad the already bloated social programs in Canada, not to pay people dividends.
But, let's assume the dividend route:
5% growth on 25 billion divided by some 41 million people equates to approx $30.50 annually with 100% payout rate. And that's essentially people just getting some of their money back since funding occurs by either direct personal taxes, hindering business via taxes, or an inflation tax.
Assume there was a surplus, rebates are more efficient than the morally hazardous act of a crown corp investing your wealth.

[Ace Rothstein @MrAceRoth]

Sovereign wealth fund will be used to pad the bloated social programs in Canada, not to pay people dividends. But, let's assume the dividend route:
5% growth on 25 billion divided by some 41 million people equates to approx $30.50 annually. And that's essentially people just getting some of their money back since funding occurs by either direct personal taxes, hindering business via taxes, or an inflation tax.
Assume there was a surplus, rebates are more efficient than the morally hazardous act of a crown corp investing.

[Ace Rothstein @MrAceRoth]

As a mining student and investor based in Yorkton, I’m excited to see Saskatchewan-based exploration companies advance greenfield VMS systems in our own backyard. Signs of continuity and deeper mineralized zones are promising developments.

Projects like Rottenstone SW highlight the growing opportunity in base metals right here in Saskatchewan.

Huge congrats to the @RampMetals team - can’t wait for the remaining assays. Let’s see what the fall and subsequent programs reveal!

Go Saskatchewan! Go Ramp!

#SaskatchewanMining #Copper #Silver #VMS #CriticalMinerals #Exploration #SKMining

https://t.co/3synbkEOow

[Eric Nuttall @ericnuttall]

We are about to, I believe, go through Covid-inverted: the biggest supply (vs. then demand) shock in history, happening so quickly and violently that the average mind just can’t go there….yet. Energy shortages and inflation spike imminent.

[Ace Rothstein @MrAceRoth]

Wab is a typical populist vying to increase the scope of government - as is common with his opponents.

“Successful” does not mean “lucky”.

“Contribution” denotes a voluntary gift/effort: taxation is most certainly not voluntary.

The government cannot improve affordability without distorting the market, unless the powers that allow it to distort the market are relinquished.

#taxationistheft #idiocracy

[Shane Wenzel @ShaneWenzel]

WTAF. So now being “successful and lucky” means higher taxes? Since when is success something the government penalizes, and who is he to decide that? Helping people matters, but this feels like punishment. And nudging kids toward transit? That’s not choice, that’s social engineering dressed up as policy.

[Ace Rothstein @MrAceRoth]

Tests of the sort have already been run many times. Baldwin, Florida (closed after 5 years), Erie, Kansas (operated at a loss for approximately 4 years before being leased to a private operator), and Kansas City's Sun Fresh Market (closed in 2025 despite $18M+ in taxpayer subsidies) are just a few recent examples. Broader historical precedents such as Soviet state stores, Venezuela nationalizations, Cuba's ongoing system, and Sri Lanka's Lanka Sathosa have consistently produced shortages, inefficiencies, or heavy ongoing subsidies rather than sustainable low prices.
Do Torontonians really need further government excess? By default, these government-run grocery stores will be inefficient. The taxpayer will be burdened further with the foreseeable reliance on taxpayer funds to run these stores.
If the local government would like to help reduce grocery costs, they must lower taxes and reduce intervention, and make zoning laws less restrictive across the board. In addition, federal and provincial governments should remove the arbitrary food safety regulations that act as a barrier for small-scale producers to compete in the marketplace.

[The Food Professor @FoodProfessor]

BREAKING: Toronto approves city-run grocery stores

In a 21–3 vote, councillors backed Anthony Perruzza’s plan to launch 4 municipally run stores to offer cheaper food.

Big test for public retail.

[Eric Nuttall @ericnuttall]

I've so far avoided dramatics because I would be accused of bias. To be clear: this is the worst energy crisis of our lifetimes, well beyond what any sober mind could have envisioned, with no end in sight. The level of complacency to me is astounding.

[Ace Rothstein @MrAceRoth]

@RealRickRule Might this 0.5% figure be negative if the Real GDP number applies a fugazzi/artificially low deflator?

[Ace Rothstein @MrAceRoth]

I am firm on my current positions: selling fundamentally strong hard assets and their related equities right now is not only illogical, but also carries significant time risk. Given that gold leads, I believe this price action is about to spill over into broader equities, triggering broad liquidity-driven selling amid record margin debt (~$1.28T highs as per FINRA) and dragging metals/miners down short-term.
This sets up the buying opportunity of a lifetime once deleveraging exhausts. Short QQQ, SPY, etc.; long oil stocks; long metals and related equities, with liquidity to add along the way down before inflation goes through the roof.
I am not a trader, but I think a short on major indices right now will bear fruit and provide extra liquidity to deploy into hard assets.

[Ace Rothstein @MrAceRoth]

Couldn't agree more, Allan. Gold (and most hard assets) will finish the year much higher IMO. As you said, the whole value chain is prospective, but I see some insanely good discounts especially on the exploration side (such as YARR 😎).
Drilling season is about to ramp up, fundings are secured, etc - a lot of these stories have become low hanging fruit despite the leverage that they provide. I'm liking such opportunities, as favourable geotechnical results are largely separate from - what I view as - menial commodity price swings: margins are still very high even with significant increases in energy costs. I believe that there will be a lot of alpha generated in the space this season/year.

[red pill rick @igetredpilled]

Extraordinary discounts are imminent.

$COPP