Kory.

Has Kory really gone to the barricades, or is that out there just because PP loyalists want it to be? Let's face facts: if Kory really wanted to go full throttle, he would, and the results would be spectacular. It would be nothing less than done and dusted. So, I have my doubts.

But if I'm wrong, then comes the elephant in the room question: is Kory on his own or is he fronting for someone else, maybe Ford, or perhaps another hidden hand?

So, I guess it's for each of you to call it. You all know how I feel about Pierre, so I definitely won't be hanging myself in the attic, to quote a late, still somewhat lamented PM.

Warsh.

If you ever doubted that there was no innate intelligence on Wall Street, Warsh's appointment as Fed Chair only confirms that the market is a know-nothing when it comes to Fed policy and pretty much anything else. The market consensus is that the Fed will raise rates at its next meeting to combat ticking up inflation. Wrong! The gremlins at the Fed have already monkeyed with how core inflation is calculated. Magically, inflation is suddenly no longer above three percent. Now, it's at two percent and even the dumbest imbecile on Wall Street should know what that means: a rate cut and a return to QE. Of course, they won't call it that but QE it will be. Watch gold and silver take off and quickly head to the moon as soon as that happens. Blithering idiots!

Trump actually told Warsh to be "independent." Yeah, right. We all know that if the Fed dared to raise rates that Trump would publicly be on Warsh like white on rice. So, fasten your seat belts. It's going to be at least a bumpy ride straight to economic distress. Nice going, guys.

UPDATE: Natural Resources Portfolio.

These are great times, what with the first of likely three 50% drawdowns in our sector over a ten-to thirteen-year bull trend. (Check out the last two bull markets.) While so many are selling, or shitting their pants, I'm buying.

Lavras Gold: 584%

Greenheart Gold: 465%

Thor Explorations: 377%

Maple Gold Mines: 315%

Cavvy Energy: 274%

Troilus Mining: 257%

Discovery Silver: 248%

Edge Copper: 199%

Integra Resources: 192%

Cordoba Minerals: 187%

Stardust Metal: 183%

Shamaran Petroleum: 178%

White Gold: 151%

1911 Gold: 147%

Metals Creek Resources: 137%

Vox Royalty: 133%

Reconnaissance Energy Africa: 132%

Metalla Royalty: 124%

Atomic Eagle: 123%

Elemental Royalty: 122%

Coppernico Metals: 121%

Sprott Physical Uranium: 120%

SPC Nickel: 120%

Triple Flag Precious Metals: 115%

Orogen Royalties: 98%

Homeland Nickel: 91%

Eco Atlantic Oil & Gas: 91%

Paladin Energy: 84%

Equinox Gold: 80%

Excellon Resources: 77%

Stillwater Critical Minerals: 77%

Guanajuato Silver: 76%

Churchill Resources: 76%

ICG Silver & Gold: 74%

Mundoro Capital: 70%

Talon Metals: 66%

Empress Royalty: 65%

Generation Mining: 62%

Bannerman Energy: 55%

+*SSC Security Services: 55%

Cartier Resources: 53%

Buffalo Potash: 49%

Silver Tiger Metals: 48%

Silver One Resources: 47%

Minera Alamos: 46%

B2 Gold: 42%

Orecap Invest: 39%

*Arc Resources: 38%

Source Rock Royalties: 37%

Sable Resources: 35%

Galleon Gold: 35%

Strathcona Resources: 33%

RTG Mining: 33%

Scottie Resources: 31%

Meren Energy: 26%

Sanu Gold: 25%

BTU Metals: 23%

Gran Tierra Energy: 22%

Nexgold Mining: 22%

Suncor Energy: 18%

Versamat Royalties: 17%

Alphamin Resources: 14%

Cascadia Minerals: 13%

Euro Sun Mining: 12%

Hot Chili: 12%

Elysee Development: 11%

Wallbridge Mining: 11%

*Frontera Energy: 9%

And as usual, plenty and I mean plenty of stinkers too. Do your own homework before buying!

Trump: I Guess Interviews Really Aren't His Thing.

I mean, Trump did so well on 60 Minutes with Norah O'Donnell and again on Meet the Press with Kristen Welker. Those revealing interviews pretty much speak for themselves, I thought. I can't wait for his next interview on ABC, CNN or MS Now.

Go get 'em, tiger! LOL.

UK: Get Behind Burnham If You Want To Stop Farage.

It's that simple: Reform UK has thirty percent of the vote tied up. Labour and the Conservatives each have twenty percent, but momentum in centre-right circles still swings in Reform's direction. Translation: only Burnham can give Farage a decent run for his money next time. Sure, the election is three years away, but keeping Reform out is supposed to be the name of the game.

Meanwhile, a recent Survation Makerfield poll has Burnham ahead of Kenyon by ten points:  49-39%. So it ain't rocket science. Burham gives Labour a fighting chance in the next election. Starmer, not at all. Starmer has an unfavourability rating ranging from -48 to -57 percent. In addition, 70 to 75 percent of Britons view him unfavourably. 

To put it in a Canadian context we already know so well, Starmer and Poilièvre are dicks. They're only hanging on for personal gain, and each of them puts the party last instead of first. At least Starmer is in office while our Canadian jerk can do no better than Official Opposition leader. Speaks volumes.

But in the end, both contests will be about sitting MPs in Parliament. Labour will almost undoubtedly give Starmer the heave-ho, no matter his insistence on remaining as PM. As for the Canadian Conservatives, the governing Liberals are at 50 percent in one recent poll. You all know what that means in the next snap Canadian federal election. Our Conservative clown is already toast. He should be gone as party leader in late fall. The voters will do for Conservative MPs what they so far refused to do themselves. Either way, next fall will be a great time for me: PP will be gone.

Alberta: Why I Backed Smith On The Referendum.

From: Ipsos.

Only two-in-ten Albertans plan to vote in favour of holding a future separation vote in the October 19^th referendum

Limited and Declining Support for Separation in Alberta | Ipsos

You couldn't exactly call me a UCP supporter or sympathizer. However, I recognized that Smith probably knew the pulse of Albertans one hell of a lot better than most other people, including some Albertans. It was a gamble, but for now, it seems to be paying off.

For this to continue, Carney and his ministers have to keep their traps shut about the Clarity Act and 50% + 1. If they foolishly go there, I expect support for separatism to rise substantially in waves. So, shut the fuck up at least until the vote is counted. 

Maine: Platner.

I don't know about you, but I'm scared shitless. Is this enough to turn it around for Collins? I hope not. She was not the moral compass I expected, especially in the Trump years. Think the court. I'll leave it at that.