F You Mining

MAKE THE TSX-V GREAT AGAIN 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 PRECIOUS METALS TO THE MOON BOOMING start to Q2 so far for us crazy metals mining investors 😂 its been very painful. Will post analysis update on core positions. TSX-V ⬆️ 4% $GLD ⬆️ 5% $GDXJ ⬆️ 8% This move is also happening

Regarding the FOMC and the weakness in gold: The Fed’s own intellectual framework says you don’t tighten into a supply shock. Cost-push inflation driven by an energy disruption shifts aggregate supply left. Prices rise AND output falls. The textbook response is to accommodate, not fight. Raising rates (or even hawkishly holding steady) into that dynamic doesn’t kill inflation, it kills demand on top of an already-broken supply picture. Powell knows this. Every PhD economist in the Eccles Building knows this. So why is the market obsessing over whether they’ll hold hawkish today? Two reasons. First, the Fed’s credibility is asymmetrically damaged post-2021. They called inflation “transitory” and got torched. Now they’re institutionally biased toward appearing vigilant even when the economics don’t require it. Second, and this is where it gets interesting, Jay Powell hates Trump. The Fed can hold, emphasize upside inflation risks from tariffs and energy, and deliver a hawkish statement that’s dressed in completely legitimate language. Markets spook. Risk assets sell. Gold flushes short-term in the liquidity scramble. If that happens, I think it’s a generational buying opportunity. Especially for gold equities. Look at the market signals: the dollar has stopped rising. Nominal yields are off their highs. Inflation breakevens are rising. That means real yields are falling. That’s stagflation. That’s bullish gold. The correct historical analog for a Hormuz-type shock isn’t 2022. It’s 1973. Yes, the US economy is no longer dependent on oil imports. But the world economy is. And the Fed’s response back then, tightening into a supply collapse, is now taught as a case study in what not to do. Markets are going to get this wrong first. That’s the trade.

JUST IN: Representative Josh Gottheimer just filed new stock trades. He filed his first ever purchase of Exxon, $XOM. Gottheimer sits on the House Intelligence Committee. Full trade list up on Quiver.

Foreign investment inflow into Canada hits the highest level since 2007, per Bloomberg: