Burry Maps the Pipeline: How Retiree Annuity Money Ends Up Funding Nvidia’s xAI Deal
Days after arguing Nvidia (Nasdaq: NVDA) mirrors Cisco‘s dot-com-era trajectory, Michael Burry follows up with a diagram naming the specific financial structure he argues obscures circular revenue at Nvidia and routes the underlying credit risk to American retirees through Apollo Global Management‘s (NYSE: APO) insurance affiliate Athene. The diagram, titled “The Retiree/Apollo/Nvidia/Bermuda/AMAPS/xAI Pipeline,” shows Nvidia […]
Berkshire Hathaway Bets on Housing Rebound With $8.5 Billion Taylor Morrison Acquisition
Greg Abel deploys from Berkshire’s $380 billion cash pile in his first major deal as CEO, targeting the US housing cycle’s long-awaited turn
Iran’s Pezeshkian Reportedly Submits Resignation to Khamenei Over IRGC Overreach
Iranian President Masoud Pezeshkian has reportedly submitted a formal resignation letter to the Office of Supreme Leader Ali Khamenei, asking to be released from the presidency over what he described as overreach by the Islamic Revolutionary Guard Corps, Iran International reported, citing a source familiar with the matter. Within the letter, Pezeshkian reportedly stated that […]
SSR Mining Walks Away From a World Class Gold-Copper Project
SSR Mining (TSX: SSRM) has exited its Hod Maden gold-copper project in Turkey, converting its 20% equity interest into a 4% net smelter return royalty after spending roughly $243 million on the asset. In this breakdown, we look at why the deal happened, how the 2024 Çöpler mine disaster damaged SSR’s position in Turkey, and […]
Why More Canadians Are Starting to Think About Leaving | Jesse Day
In this conversation with Jesse Day of Commodity Culture, we discuss what he sees as the deeper problems facing Canada, why more people are reaching a breaking point on cost of living and immigration, and why he believes the country’s decline is more structural than political. Jesse explains why he thinks real change would take […]
Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold
In this conversation with Kenneth MacLeod, President & CEO of Sonoro Gold Corp. (TSXV: SGO), we discuss the improved junior gold market, Sonoro’s recent financings, and why the company is moving ahead with drilling while it continues to wait for environmental permit approval in Mexico.
Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources
In this conversation with John-Mark Staude, President & CEO of Riverside Resources Inc. (TSXV: RRI), we discuss gold’s current setup, why John-Mark believes the market is no longer in a winter, and how Riverside is using this window to launch new companies and unlock value for shareholders.
Could This Be Canada’s Next Mid-Tier Gold Producer? | Kevin Bullock – NexGold
In this conversation with Kevin Bullock, President & CEO of NexGold Mining Corp. (TSXV: NEXG), we discuss why he believes the junior gold market is entering a transition point, with investors starting to move down from senior and mid-tier producers into developers. Kevin breaks down NexGold’s plan to become a mid-tier Canadian gold producer, starting […]
Iran Missile Debris Hits Kuwait Base, Destroying MQ-9 Drones and Wounding Five Americans
An Iranian ballistic missile fired this week reached a U.S.-used air base in Kuwait, destroying at least one MQ-9 Reaper drone, seriously damaging another, and wounding roughly five Americans, all while a ceasefire between Washington and Tehran nominally held, Bloomberg has reported. Kuwaiti air defenses are said to have intercepted a short-range missile before it […]
Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47
In this conversation with Galen McNamara, CEO of Silver47 Exploration Corp. (TSXV: AGA), we discuss the wild move in silver, why current prices could dramatically change the profitability of silver miners, and why Galen believes U.S.-based silver resources are becoming increasingly rare.