markusrinse

[markusrinse @markusrinse]

@marlene4719 @PBDsPodcast comment on your competent leadership on today’s podcast maybe?

[Sense Receptor @SenseReceptor]

Catherine Austin Fitts on how psychopaths are able to run the world

"people who have no empathy are really good at... organizing for self-benefit"

"[So] you have... 3 to 5% sort of psychopath[s] [at the top], [and then] 20 to 25% who are making a lot of money helping them"

"then you have the other 60 to 70% [of the population] who can't fathom what's going on. And what the others are doing, what the smaller groups are doing, drives them crazy. And they become neurotic"

This clip of Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (@solari_the), is taken from a discussion with Alix Mayer (@alixm) posted to YouTube on June 3, 2026.

----------------Partial transcription of clip---------------

"There's a wonderful book called Political Ponerology. Have you ever read it? Okay, so, the, the description of the book is as follows. It was a psychologist who had been a young man during Hitler in Poland. And after the war then Stalin came in and he was at university and he and a group of colleagues decided, you know, because they'd been so traumatized by all this tyranny, they said, we're going to study the intersection of psychopathy with politics.

"And that's ponerology, the study of psychopathy mixed— And here's what they— And they wrote the book, he said, three times, tried to get it out from behind the Iron Curtain and then, failed, had to destroy it. And then when he finally got out after '89, he wrote it from memory.

"And here's what it said. And what he said was that most people are born with empathy and they can't fathom not only that other people don't have empathy, but that the people who have no empathy are really good at getting together and organizing for self-benefit.

"So the people with no empathy are much more effective at conspiracies than the people with empathy. Okay?

"So anyway, what he said was about 20 to 25% of the population who are competent at running things are willing to work for the people who don't have empathy as long as they get paid well.

"And if you look at the history of America, the way we've gotten here is a lot of people got paid a lot of money, whether with their stocks and bonds or whether their job helping the people who have no empathy do all the evil doing.

"I mean, you know that because if you look at what's going on in medicine, you can see it clearly.

"So what happens is you have the 3 to 5% sort of psychopathic, then you have the 20 to 25% who are making a lot of money helping them. And then you have the other 60 to 70% who can't fathom what's going on. And what the others are doing, what the smaller groups are doing drives them crazy. And they become neurotic.

"They become neurotic about the food, they become neurotic about the healthcare, they become neurotic about programmable money. And until they finally come to understand, you're dealing with psychopathic and you're dealing with people who will help the psychopaths for money.

"And what he said was once people could fathom what was going on, suddenly they started being effective."

[markusrinse @markusrinse]

@Alex_Oloyede2 Yes 2030 of course. When we hit 2030 it could happen. Good we have Starmer who knows what’s up.

[markusrinse @markusrinse]

@MarioNawfal Trumps message is never clear. That’s kind of his thing

[markusrinse @markusrinse]

@marklevinshow Mark you are so out of touch you should just quit. Bye Mark 👋🏼 have a nice life in Israel buddy

[markusrinse @markusrinse]

@RonieBerggren Lägg ner Ronie!

Israel är knappt oskyldiga. Iran har absolut inte all skuld i vad som hände i natt.

[markusrinse @markusrinse]

@LauraLoomer So do Iran.

[markusrinse @markusrinse]

@LauraLoomer You think your buddies are better?

[markusrinse @markusrinse]

@TheApeOfGoldST Never let them know your next move

[markusrinse @markusrinse]

@themarketsniper No livestream?

[markusrinse @markusrinse]

@McDonaghMatthew @themarketsniper He hasn’t been a perma bear for Bitcoin/crypto.

[markusrinse @markusrinse]

@DavidJHarrisJr Retarded 100%. Not loading anymore. Canada are finished. 100%.

[markusrinse @markusrinse]

@jwakeford284741 @DonDurrett One more week what´s coming? Cycle low at what ever. Stay with your low targets if they are strong targets or don´t give them. At least give more reason for lowering them.

[markusrinse @markusrinse]

@Silver__Santa That was before the "crash".

[markusrinse @markusrinse]

@RepWPH @elonmusk US the Banana republic

[markusrinse @markusrinse]

@MarioNawfal It’s ridiculous

[markusrinse @markusrinse]

@KosherChutzpah Most people that say that want the money to be spent in the US. There can be a lot of good use for tax dollar in the US. America first is a thing. Don´t take everything so personal and get offended by everyone. WHY should Israel have US tax dollars?

[Silver Santa @Silver__Santa]

$FOR.V - FORTUNE BAY CORP.
I took a position in FOR. 69.9M shares. No debt. Tight structure. Maximum leverage to gold. MRE done. PEA done. PFS soon.

The worth: Market cap: C$54M. NPV at spot gold (US$4,535): C$1.8B. That's 3 cents on the dollar.

The asset: 1.2 Moz gold in Saskatchewan — #3 jurisdiction globally. 97% Indicated. Approved EIS since 2008. Written First Nations consent through DFS. PEA done. PFS executing now, completion YE2026/Q1 2027.

The man: Wade Dawe owns ~15% and has already sold two companies for C$400M+. He bought C$445K of stock personally in 2025 at C$0.32. Now C$0.77. He's not done.

The catalysts: 700+ assays in the lab from targets outside the current resource. Manhattan Uranium drilling 25 targets on Fortune Bay's land right now. PFS completion in 6–9 months opens M&A conversations.

The precedent: Fresnillo paid C$780M for Probe Gold in January 2026 — same stage, same jurisdiction, 39% premium. At 0.20× NAV, FOR's takeout value is C$7–11/share.

You can all the angles on FOR below, the detailed research however is in the research document on https://t.co/vVk3nTwRkg.

The Discount Angle
C$54M market cap. C$1.8B NPV at spot gold. That's 3 cents on the dollar. Even if you haircut everything by 50% for development risk, you're still paying 6 cents. Name another Canadian gold developer priced this cheap.

The Gold Leverage Angle
Every US$100 move in gold = C$61M change in NPV. Gold is at US$4,535. The PEA was modelled at US$2,600. The bull case is now spot. The stock hasn't moved. FOR is a leveraged gold call option with a 13.9-year mine life underneath it.

The M&A Angle
Fresnillo bought Probe Gold in January 2026 for C$780M — 0.2–0.3× NAV, 39% premium. Same stage, same jurisdiction quality. At 0.20× NAV, FOR's takeout value is C$7–11/share. Current price: C$0.77. The chairman has already done this twice.

The De-Risking Angle
97% Indicated resource. Approved Environmental Impact Statement since 2008. Written First Nations consent through Definitive Feasibility Study. Saskatchewan — #3 mining jurisdiction globally. Every 2026 technical workstream returning clean data. This is not a speculative explorer. It's a developer where the hard work is already done.

The Operator Pedigree Angle
Wade Dawe built and sold Brigus Gold for ~C$350M at a 45% premium. Then built and sold Keeper Resources for C$51.6M all-cash. He's doing it again at Fortune Bay — same playbook, same jurisdiction category, bigger gold price backdrop. He bought C$445K of stock personally at C$0.32. Now C$0.77. Still cheap.

The Unpriced Upside Angle
The PEA modelled a doré flowsheet. New met results show >50% gold to gravity concentrate at 0.08% feed mass, >90% flotation recovery.
If the PFS switches to concentrate, AISC drops materially vs the PEA base case. The market has priced zero of this.
Add Golden Pond (all 7 holes hit, 578 assays pending), the Box down-dip extension at 3.70 g/t over 21m outside the MRE, and an underground scenario not in any economic model. The PEA is the floor, not the ceiling.

The Resource Angle
989,600 oz Indicated at 1.28 g/t Au. 214,200 oz Inferred at 0.90 g/t. Total 1.2 Moz — and 97% of the mine plan is already Indicated.
That's not a conceptual resource. It's 838 drill holes over 80,000m, reconciled to within 1% of 64,000 oz of actual historical production from the same ore body. And it's about to get much bigger. Some step-outs:
+ 3.70 g/t over 21.0m (incl. 9.89 g/t over 7.0m)
+ 6.95 g/t / 3.72 g/t / 4.55 g/t stacked + 8.72 g/t over 2.0m
+ 2.54 g/t over 17.0m (incl. 6.61 g/t over 5.0m)
+ 1.20 g/t over 23.2m (incl. 4.68 g/t over 3.2m, 12.20 g/t over 1.0m)
+ 2.06 g/t over 6.88m
+ 8.95 g/t over 1.0m
+ 16.53 g/t over 13.6m.
578 assays still in the lab. Frontier: 135 assays pending. Athona West: not yet drilled. The 2 km gap between Box and Athona almost entirely undrilled. Updated MRE hits in 2027. None of the expansion ounces are in the current PEA economics.

The Hidden Optionality Angle
Nobody is talking about Mexico.
Fortune Bay holds 100% of the 4,176 ha Rio Negro concession in Chiapas — valid until 2051, no royalties, no back-in rights. Prior operators (Linear Gold, then Kinross) drilled 89,000m in 342 holes focused entirely on near-surface epithermal gold.
Historical resource: 1.74 Moz Au + 6.7 Moz Ag (M&I + Inferred). High-grade historical intercepts: 100m @ 12 g/t Au & 64 g/t Ag at Campamento; 22m @ 10 g/t Au at Laguna Chica.
Nobody drilled the porphyry underneath.
One hole — IXM08-51 — intersected 601.4m @ 0.28% Cu / 0.68 g/t Au / 2.71 g/t Ag from surface. That's the upper halo of a district-scale copper-gold-silver-molybdenum porphyry system. The geological setting parallels Grasberg and Bingham Canyon at the district scale. No focused copper exploration has ever been conducted. The buried porphyry has never been drill-tested.
This asset is valued at approximately zero in every model. It's not needed for the Goldfields thesis to work. It's not in any analyst's numbers.
It's just sitting there.

The Jurisdiction Angle
Saskatchewan is #3 mining jurisdiction globally (Fraser Institute 2025). Royalty and taxation framework unchanged since 2006. Regulators who actively want mining to happen — Verran's own words: "It's so nice to talk to regulators who listen and want to broaden their mineral economy."
No indigenous land claim uncertainty, no federal impact assessment (below 5,000 tpd threshold), no permitting lottery. Compare that to Nevada title disputes, Quebec court injunctions, or anything in West Africa. The jurisdiction risk premium the market is applying to FOR is essentially zero — because it should be.

The Infrastructure Angle
This is not a greenfield project in the middle of nowhere. Road to the Box deposit. Active hydro powerline. Airport at Uranium City 13 km away. Existing camp and facilities. Multiple operating uranium mines within 350 km with comparable logistics. The 2008 feasibility study already designed the mine — Fortune Bay is updating it, not starting from scratch. C$301M capex looks different when the site prep is already done.

The Tight Share Structure Angle
69.9M shares outstanding. FD ~82.2M. In a junior mining peer group where 300–400M share counts are routine, Fortune Bay is surgical. Every dollar of value creation hits fewer shares. In a re-rating scenario — PFS completion, M&A approach, gold breakout — the per-share leverage is maximum. Dawe knows exactly what he's doing keeping the count tight.

The Uranium Kicker Angle
Most investors in FOR have no idea there's a uranium portfolio attached. Manhattan Uranium (TSXV: MANU) is drilling up to 25 targets at Murmac & Strike right now — June 2026, fully funded, largest program to date. Best hole to date: M24-017 returned 8.4m @ 0.30% U₃O₈ including 1.20m @ 1.79% U₃O₈, with individual assays up to 13.80% U₃O₈ — textbook Athabasca unconformity geometry. If Manhattan hits a discovery, FOR holds the underlying land and collects either a JV interest or NSR royalties. A uranium discovery on optioned land costs Fortune Bay shareholders nothing. It's a free lottery ticket on the hottest uranium basin in the world.

The Cheapest MCap/NPV Angle
Canadian gold developers routinely trade at 5–10% of NPV. Fortune Bay is at 3%. The peer set — Amex Exploration, NexGold, Getchell — all trade at multiples of FOR's MCap/NPV ratio. The discount has not narrowed as gold has run from US$2,600 to US$4,535. It has widened. Every week that passes without a re-rating is another week of compounding undervaluation against a rising gold price backdrop. At some point the gap closes. It always does.

The Bankable Resource Angle
The most de-risked PEA-stage resource in the Canadian peer group. 97% of the mine plan is Indicated — not Inferred, not historical, not conceptual.
989,600 oz Indicated across 24.0 Mt at 1.28 g/t, drilled in 838 holes over 80,000m, reconciled to within 1% of 64,000 oz of actual underground production from the Box Mine (1939–1942). SRK Consulting signed it. Ausenco is building the PFS on top of it. This resource is bankable today. The PFS makes it financeable.

The Permitting Fast Lane Angle
A provincially approved Environmental Impact Statement has existed for a 5,000 tpd open-pit operation at this exact site since 2008. The PEA's 4,950 tpd throughput is designed to stay below the federal impact assessment trigger — provincial permitting only. A First Nations Exploration Agreement signed November 2022 grants documented written consent through to and including Definitive Feasibility Study. That is not "community engagement ongoing." That is pre-existing written consent covering the entire study sequence. Pam Bennett has personally navigated the Saskatchewan permitting system on 14 mining projects. The permitting pathway is not a risk. It's a competitive advantage.

The Catalyst Runway Angle
The PFS isn't the only catalyst. It's the last one in a sequence that's already running.
Between now and PFS completion (YE2026 / Q1 2027), every quarter delivers:
Imminent:
Manhattan Uranium drilling up to 25 targets at Murmac & Strike — mobilisation confirmed June 4, 2026. Results H2 2026.
Neu Horizon Uranium ASX listing ~June 29, 2026 — A$15M IPO, funded partner for The Woods uranium option.
578 Golden Pond assays still in the lab. All 7 holes already confirmed gold. Historical hole in same area: 16.53 g/t over 13.6m. When these land, the resource footprint expands visibly.
135 Frontier assays pending — first data from an untested target.
Summer 2026:
Athona geotechnical drilling (4 holes, ~400m) — PFS-level data for the second pit, which is 25% of the mine plan.
Athona West drilling — tests the 2 km undrilled gap between Box and Athona. High impact if it hits.
Concentrate trade-off study output — does the PFS switch from doré to concentrate? If yes, AISC drops materially vs the PEA baseline.
Phase 2 waste rock kinetic testing results — confirms the acid generation profile for permitting.
H2 2026:
Poma Rosa amparo ruling — binary outcome, upside if successful.
Manhattan uranium drill results — discovery scenario adds a narrative the market hasn't priced.
YE2026 / Q1 2027:
PFS completion (Ausenco-led). This is the document that makes the asset financeable, enables institutional capital, and opens M&A conversations with majors. Dawe doesn't need a buyer before the PFS. He needs the PFS to start the conversation.
2027:
Updated MRE incorporating all 2026 drilling — Box extensions, Golden Pond, Frontier, Athona West. First time the market sees what the resource actually looks like post-expansion drilling.
Saskatchewan regulatory permitting advancement building on the 2008 EIS.

Strategic partner / JV / M&A conversations get serious. Probe/Fresnillo closed January 2026 — majors are actively buying Canadian developers at 0.2–0.3× NAV.

The stock is at C$0.77. The next six months deliver more data than most juniors produce in three years. None of it is priced in.

[markusrinse @markusrinse]

@RealAlexJones Do you really believe this?