Iran Again Closes Strait of Hormuz, Fires on Tankers Amid U.S. Blockad
Iran has again shut down the Strait of Hormuz to maritime traffic, escalating tensions with the United States following a blockade of the critical shipping channel. The closure, announced on Saturday, comes as Iranian forces fired on commercial vessels, with at least three attacks reported by a U.S. defense official. The semi-official Fars news agency […]
Why This War Made the Gold Case Stronger | Michael Gentile
In this conversation with Michael Gentile of Bastion, we discuss how he evaluates junior mining companies, why simple geology often leads to better outcomes, and what separates a real mine build from a story stock. Michael explains why communication matters so much in this sector, how he thinks about infrastructure, strip ratio, grade, scale, and […]
Wall Street Bought the Ceasefire. Now Oil’s Back Over $100 | Todd Bubba Horwitz
In this conversation with Todd “Bubba” Horwitz of Bubba Trading, we discuss the Iran ceasefire, why the market treated it as a win, and why Todd believes that reaction may not last. He explains why he is still short oil, gold, and equities as a trader, why he sees this rally as a dead cat […]
Canada’s Soft Spot: Why Every Canadian Manufacturer Should Be Watching the July 1st CUSMA Negotiation
This week there was a story that barely made the headlines in Canada. But it’s a big deal. BRP Inc. (TSX: DOO) makes Ski-Doos. Sea-Doos. Can-Am off-road vehicles. Big, loud, fun machines. Headquartered in Valcourt, Quebec. 17,000 employees. $8.4 billion in annual sales. One of the few manufacturing names we can still point to with […]
American Airlines Rejects Merger Talks with United, Citing Harm to Competition
American Airlines Group (NASDAQ: AAL) has firmly dismissed any notion of merger discussions with United Airlines (NASDAQ: UAL), asserting that such a deal would undermine competition and hurt consumers. The statement comes in direct response to speculation fueled by United CEO Scott Kirby’s outreach to senior government officials about a potential combination. The denial from […]
Iran Warns Strait of Hormuz Will Shut Without Ceasefire Compliance, Says Speaker of Iran’s Parliament
Iran has escalated tensions in the Persian Gulf, warning that the Strait of Hormuz—a critical chokepoint for global oil shipments—will not remain open if the United States continues its naval blockade. Mohammad Bagher Ghalibaf, Speaker of Iran’s Parliament, declared that passage through the strait will be restricted to a designated route under Iranian authorization, with […]
Over a Dozen Ships Turn Back in Hormuz Strait as Iran Pushes Ceasefire Conditions
Shipping through the Strait of Hormuz, a critical artery for global oil trade, has come to a near standstill as over a dozen vessels reversed course and returned to the Persian Gulf on a single evening. The dramatic turnaround, captured in real-time vessel tracking data, signals escalating geopolitical friction in the region, with Iran’s latest […]
Why Risk Assets May Have Already Peaked | Mike McGlone
In this conversation with Mike McGlone from Bloomberg, we discuss the Iran ceasefire, why he believes the oil spike was another pump and dump cycle, and why he expects crude to head much lower into the midterms. Mike explains why he sees this as part of a broader macro reset, one that could bring lower […]
Lutnick Slams USMCA as ‘Bad Deal,’ Pushes for Overhaul Ahead of July Deadline
US Commerce Secretary Howard Lutnick has sharply criticized the US-Mexico-Canada Agreement, calling it a ‘bad deal’ that President Donald Trump believes must be ‘reconsidered and reimagined’ before the critical July deadline for its extension. Lutnick, speaking at the Semafor World Economy conference in Washington, DC today, expressed frustration over the trade pact’s structure, arguing it […]
BHP and Lundin Mining Hit Roadblock with Vicuña Project Suspension in San Juan
A provincial court in La Rioja, Argentina, has ordered the suspension of activities at the Vicuña mining project in San Juan, a joint venture between BHP and Lundin Mining (TSX: LUG), marking a significant setback for the companies’ operations in the region. The ruling, issued on April 16, stems from a legal challenge over the […]