Kent Johnson

[Jim Bianco @biancoresearch]

Trump is VERY transparent. That post perfectly expresses his utter frustration.

Opening the Strait of Hormuz is not just a matter of will. We don’t have a sustainable military answer right now because we don't have a defensive shield against asymmetric warfare (cheap drones and missiles), as Ukraine has against Russia.

When the U.S. launched Project Freedom roughly two weeks ago, three guided-missile destroyers were sent through the Strait to escort commercial shipping.

The Navy came under a sustained barrage of Iranian drones and missiles and intercepted 100% of the attacks.

Yet the defensive effort after just two days was extraordinarily resource-intensive. It nearly depleted the missile magazines of two Guided-Missile Destroyers and required support from more than 100 aircraft (F-35 fighters and attack helicopters). It costs an estimated $50–100 million to get just two commercial ships through safely over two days.

This model is completely unsustainable beyond a brief demonstration. The U.S. cannot realistically guarantee a perfect interception record against repeated sustained barrages.

All it would take is one drone or missile getting through, and the images of a burning American warship would be a major political disaster.

Below, Trump isn’t raging at the media alone. He’s raging because we don't have a cost-effective Military solution (money and lives at risk) to opening the Strait.

[Jim Bianco @biancoresearch]

The last time the 30-year yield traded at this level, George W Bush was President.

Let's see if it closes at this level (5 PM ET).

[FITZROY MINERALS INC @Fitzroyminerals]

Excellent Copper Intercepts at Buen Retiro, Chile!

We are pleased to report strong near-surface results from our ongoing resource definition drilling in the Southwest Area at Buen Retiro:

🔘BRT-DDH059: 78m @ 1.70% Cu from 58m, including 40m @ 3.02% Cu from 92m

🔘BRT-DDH058: 75m @ 0.82% Cu from 9m, including 8m @ 3.77% Cu from 12m

Additional highlights include 100m @ 0.46% Cu, 64m @ 0.61% Cu (incl. 21m @ 1.21% Cu), and several other encouraging intercepts.

Since February we have completed 39 holes for approximately 6,885 metres. A third drill rig is now on site to accelerate sulphide exploration, with RC drilling scheduled to commence next month. Fleet Space’s ANT geophysical survey continues to confirm major structures and alteration zones, with the infill survey currently underway.

Merlin Marr-Johnson, President & CEO: “We continue to intersect good grades close to surface in the Southwest Area. With the addition of a third drill rig we are accelerating our programme and widening the search-space across this large copper system.”

Work is also progressing well on the Pre-Feasibility Study for the heap leach project, which has the potential to deliver near-term cash flow.

These results represent another important step toward our maiden resource estimate and the broader development of Buen Retiro. Thank you to the entire team for their outstanding work!

Watch the news summary video with CEO Merlin Marr Johnson here
https://t.co/MY4MxmvOuE

#Copper #Mining $FTZ.V $FTZFF

[Jim Bianco @biancoresearch]

The U.S. 30-Year Yield is now 5.03%.

It has only been higher for a handful of days in the last 19 years. And it is now just 8 basis points from a new 19-year high.

[Helene Meisler @Chartfest1]

If you weren't trading in 1999-2000, then you're in luck. This is what it was like. Now you can experience it.

[Howard Klein @LithiumIonBull]

😍🦄

$QTWO.V

[John Quakes @quakes99]

📝Here are my top 10 #Uranium #stocks picks for 2026.👇🏆 IMHO, these are the premium, highest quality names listed in the US & Canada💎⚛️⛏️ that form a strong foundation for my overall portfolio.💪📁 As well, here's their 5-day, 1-month & YTD % performance.📈🎆😊 Cheers!🍻🤠🐂

[fred hickey @htsfhickey]

This is different! After hours yesterday, Trump tries to sooth slumping markets with another of his pronouncements. Initial reaction is as expected. Risk on. Stocks, bonds & gold rally and oil slips.

But... the impact is short-lived and (almost) everything reverses - stocks down hard, bond yields rise & oil prices increase. The one exception is gold - up $100 per oz. currently. As a result, I decided to do a little gold miner stock buying this A.M.

[Packy McCormick @packyM]

AI writing is taking over the internet.

Every fundraising announcement, every X reply, every blog post. It's not just replacing human writing, it's overwhelming it.

The problem isn't that AI writes poorly — it's that it writes plausibly. And plausible-but-empty is the most dangerous kind of noise.

Here's why that matters: when my brain picks up on those subtle AI tells, I write off whatever you're trying to say — even if the idea itself was good.

[Otavio (Tavi) Costa @TaviCosta]

This is a remarkable chart.

Oil surges like the one we’ve seen recently have consistently preceded recessions.

Chart by @thierryborgeat

[Visual Capitalist @VisualCap]

Charted: Asset Class Returns Across Eras (1990–2025) 📊

https://t.co/OwbYSNjnz2

[Science girl @sciencegirl]

"Success isn't linear" by Yoann Bourgeois

Success is not a straight line upwards, it's a journey with many falls, and the strength to get up, no matter how hard the fall.

📹Mathieu Stern.

[Buitengebieden @buitengebieden]

Get a dog they said.. 😂

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

Data centers, but in space...

[Robert Friedland @robert_ivanhoe]

Take the time to slowly and carefully read this beautifully written thesis, which explains in depth a message that I have been repeating for years…

The obsession by Western democracies with financial efficiency and NPV models has actually caused us self-harm. As a result, we have offshored strategic industries by prioritizing crypto over copper, spreadsheets over smelters, and banking over blast furnaces. Whoever owns the smelters and refineries actually owns the future.... and today, almost all of these 'dirty middle' industries are in China.

Craig has applied today’s situation to its impact on mining and metals, but this thesis also applies to many other industries.

[Anon @Anon36834]

@biancoresearch 9/10 people have never seen these numbers and think the last 20-30 years is just how housing markets work
but every long run index shows similar stability
heres one that goes back 400 years

[Sahil Bloom @SahilBloom]

Everyone needs to hear this…

[Argenta Silver @argentasilverag]

ICYMI: Argenta Silver has delivered another milestone from El Quevar.

✅ 70m step-out success at Yaxtché: 545 g/t Ag over 43.20 m, including 1,302 g/t Ag over 8.00 m and 905 g/t Ag over 7.70 m.
✅ New Atenea target emerges, with 314 g/t Ag over 2.00 m, pointing to fresh discovery potential.
✅ Winter drill program complete with assays still pending as the team prepares for the summer program.

With silver at record highs, Argenta Silver is extending known mineralization and defining new targets.

Read the news release: https://t.co/4Ug2HmNwBf

$AGAG.V $AGAGF

[Marios Stamatoudis @stamatoudism]

Some red flags are beginning to appear slowly...I will start taking slightly more defensive measures progressively. Nothing dramatic yet....more along the lines of lowering margin exposure, reducing frequency, decreasing new open risk, moving more stops to break even, and increasing the balance of threshold gains versus overall open risk.

If more signs emerge, further measures will follow.

The “irrationality” of the past few weeks is actually a blessing. It can persist much longer, which is why I don’t want to adjust too drastically just yet.

These are actually the periods where you must press the offense...because they don’t come often,but as signals build, the defensive backdrop has to be reinforced.

The greatest damage tends to occur precisely in these moments, when aggressiveness is high but portfolio dynamics are neglected as red flags quietly accumulate.

Offense must always be justified by the defense mechanisms in place.