Brad Rourke

Chart of the day. 🧐

🚨 This is what straight talk sounds like — two guys (Stephen LeDrew & Dan McTeague @GasPriceWizard ) who actually get it dropping truth bombs on Canada’s death spiral. ⛔️ Net zero? 
Carbon taxes on every single industry, jacked up again and again. 
Construction? Trades? Dead unless you’ve got a government sinecure. 
Young Canadians are packing up and heading to the USA because they can’t afford to stay here. One of them nails it:
“We pushed net zero so hard… demonized a life-saving molecule called CO₂… all to virtue-signal we can change the weather. It’s false science and terrible politics.” And Carney? 
The “smart banker” who screwed up Britain is just the next chapter of the same Liberal disaster. Media’s already running cover, but the tent cities and food banks don’t lie. Canadians voted for this three times. 🤦🏻‍♂️ 
Now they’re hoping the fourth time is different? Wake the hell up. This economy isn’t “transitioning” — it’s collapsing. 
And Carney’s net-zero religion is the wrecking ball. Drop a 🔥 if you’re done watching Canada get destroyed by ideology. #cdnpoli #NetZeroScam #CarneyGrift #LiberalFailure #CanadaFirst #CarbonTaxLie

A million seconds ago was May 23rd A billion seconds ago was 1993 A trillion seconds ago was 30,000 B.C. The US debt is now rising by $1 Trillion every 180 days.

Peter Lynch, the man who turned $20 million into $14 billion running Fidelity's Magellan Fund, averaging 29.2% annual returns for 13 straight years (Save this). And his most famous lesson is the simplest one: "Know what you own, and know why you own it." He's talking about something that happens every day, people spend hours researching which refrigerator to buy. They'll spend days hunting for the best airfare deal to save $50 then they'll hear a stock tip on the bus and drop $10,000 on it without a second thought. "The reason I own this is the sucker is going up" Lynch said that's the actual answer he gets when he presses most investors on why they own a stock and that, he says, is not a reason. His test is brutal and simple, if you can't explain to a 10 year old in two minutes or less why you own a stock, you shouldn't own it because if you don't understand the business, you have no idea when to hold, when to add, or when to sell. You're just riding price movement blind. This is why most retail investors lose money not because they pick bad stocks but because they panic out of good ones during normal volatility. When you don't understand why you own something, every 10% dip feels like a reason to sell. Lynch built his entire career on the opposite approach, find simple businesses, understand exactly what they do, know why they'll be worth more in five years, and hold with conviction while everyone else panics. The most important thing isn't your stock screener or your price target but rather being able to look at what you own and say, I understand this, I know why it goes up, and I can handle it going down 30% without losing my mind.

Powell doesn’t seem particularly concerned about inflation. Plenty of “tools” left in the toolbox, apparently :) Two words come to mind: Hard Assets. @tavicosta/p-192358201" target="_blank" rel="nofollow noopener">substack.com/@tavicosta/p-1…

@ekwufinance @finding_finance With a lower rig count how much does the efficiency of new tech play into this? Can one rig today do as much as three rigs 10 years ago?I am not sure of the answer but believe newer directional tech.. less might be more?Something I am interested in but just curious on your take

Baker Hughes rig count US: 55, down 39 rigs yoy Canada: 197, down 2 rigs yoy International: 1,112, up 15 rigs yoy Drilling activity isn’t ramping in a way that would meaningfully increase supply. There won’t be a new wave of oil supply to offset the current deficit anytime soon.

HAPPENING NOW: Shuvaloy Majumdar OBLITERATES the LEFT Net Zero Anti-Energy Policies. After you watch his SPEECH there won't be a SINGLE Liberal SUPPORTER left in CANADA.

We continue to face the worst energy crisis in history. Global production has fallen by ~7mm bbl/d while flows have fallen by ~15mm bbl/d. Even when the Strait eventually opens, the impacts will be enduring. Lifting of Russian sanctions have killed the “glut” narrative as sanctioned floating barrels will be quickly absorbed resetting balances. We expect at least a $10/bbl political risk premium to remain in place for some time raising the floor price to ~$70. When the market’s focus eventually shifts from geopolitics to fundamentals, the structural bull market that we have long championed will we believe become the new oil narrative later in the year, ultimately leading to all-time highs. Given all this, we view Canadian oil stocks to be in many cases severely mispriced.

BREAKING NEWS THE IMF’S FORMER TOP DEPUTY AND CHIEF ECONOMIST IS WARNING GOVERNMENTS AROUND THE WORLD DON’T HAVE THE FISCAL CAPACITY NEEDED TO RESPOND TO ANY ECONOMIC DOWNTURN CAUSED BY AN OIL SHOCK That does not seem good...

Nice one by @topdowncharts, found in the latest post by the great @TheBubbleBubble:

Rick Rule on the importance of understanding how drill results affect value: I see many investors afraid to add to a mining stock because it’s already up 400% over the past 6 to 12 months. They assume they missed the opportunity. That’s the wrong mindset in this sector. You need to understand why it moved. A stock can be far cheaper at +400% than it was before the run up if a discovery or continued good assays has been made. @AllStreetsWolf taught me that after I refused to join some of his ideas years back because I looked at the shareprice and said “it has already run away”. I learned the hard way as I saw those stocks continue to rip.

Thursday 🧵 You might think you’re late to the party. Gold above 5,000. Silver pushing toward 90. Miners and Juniors absolutely ripping. But this bull market is still in its early innings. In this thread, I’ll show you why. Let’s go.

Watch Hillary’s smug, silent contempt for Czech FM Petr Macinka as he says the fascist/n*zi rhetoric from the left has gone too far. This was after Macinka mocked her obsession with Trump. She’s absolutely seething.

Gold’s going much higher. It’ll get scary before it’s done.

The US can… a) Have a much weaker USD and make its own military & critical minerals, or; b) Have a strong USD and have China make most of our military & critical minerals for us. Thank you for listening to my TED talk.

$SCOT.V up today after releasing more high grade hits from the Blueberry Contact Zone.🔥 Best hits include 30.42 g/t Au over 5.60 m and 9.67 g/t over 8.85 m. What a heater of a 2025 drill season. Steadily growing the resource.

Building on my earlier post, here's the result of Germany's self-inflicted energy policy injuries: Germany's gross electrical production has fallen -18% since 2019 It has diminished itself. Intentionally turning the clock back on progress. Again, this is nearly inconceivable

🇨🇦 Every Canadian should read this twice: 🇨🇦 Canada ranks : 🥇 1st in uranium 🥇 1st in potash 🥈 2nd in nickel 🥉 3rd in oil 🏅 5th in gold 💧 1st in freshwater Countries start wars for LESS than this. And somehow we are told we’re too poor to cut taxes, too broke to build homes, too weak to compete, too small to matter. It took historic levels of incompetence and ideological sabotage to bury a country this blessed. Imagine where Canada would be if we were actually allowed to win.🏆 #cdnpoli #Canada #Future #Resources #Economy #Energy #Mining #Prosperity

🚨BREAKING An analysis by TD has revealed that Canada makes up just 12.8% of the total foreign investment in the USA The USA makes up 45.5% of foreign investment in Canada. ...but yeah, lets keep poking them in the eye.