@smallcapstevei
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Trading, Focus on small caps / microcap investing. https://nitter.cf/t.co/BOxDecCLaA #stocks #gold #smallcaps #mining #silver #uranium #basemetals #copper
Joined May 2009
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The 5% level on the US 10 Year has been a key level dating back to 1993. Acting as support and then resistance.
Imagine what the bond market would look like if there wasnt a huge pool of capital betting on a big print.
Deficits are picked to meet GDP growth. Best way to get there is picking palatable ways for people to accept. "Free money" works better than wars with the main street voter. Own gold.
As bond yields around the world keep climbing, governments are left with two options:
1. Let interest rates and austerity crush the economy
2. Let inflation crush the economy
The moment Ben Bernanke said "quantitative easing," we knew which one politicians would choose.
So CBC did a 10 minute segment on Carney's investment forum. Most of the companies were mining and infrastructure projects.
CBC spent half their time talking about the protesters..
Nothing has made 'economic sense' since Ben Bernanke first said the words "Quantitative Easing"
Trump's $5,000 election dividend checks make 'no economic sense,' economist says cnbc.com/2026/09/10/trump-50…
Warsh says the Fed "has more work to do" on inflation. Which work? He quit the Board over QE2 in 2011 and spent a year attacking the bloated balance sheet. Now he runs the place, QT is still off, the Fed is still adding bills, and core PCE is 3.3%. Talking about a regime change isn't one.
SmallCapSteve retweeted
Bessent: “We will grow our way out of debt.”
Real GDP growth:
2023: +2.9%
2024: +2.8%
2025: +2.1%
2026: +1.5% (Q2 annualized)
US debt growth:
2023: +7.2%
2024: +6.9%
2025: +6.1%
2026: +7.5% (last 12 months)
Debt is growing 2–3× faster than the economy.
You don’t grow your way out of debt when the debt is outrunning growth every single year.
It’s not looking good.
If Canada really wants to jack up this trade war. Let's offer to make Cuba a province!
I'm sure Trump would LOVE that.
A few years ago, Shayne Nyquvest was behind a company called Universal Ibogaine. The stock traded around 3c when he first called me about it.
He called me out of the blue one day: "Steve, I got a deal for you. I'll give you 5% of the company… if you can get Keanu Reeves to be our CEO."
Shayne was a little crazy, and sure, he wanted to make money on the stock. But he also deeply believed ibogaine could help people.
I told him I'd see what I could do, and went back to my Swiss Chalet. Puzzled. I didn't know Keanu. And if I did, he'd have politely declined.
Shayne passed away in December, 2023.
The stock was then halted last February.
I never knew Shayne all that well. But I think about him every time I see the news about the Trump administration pushing ibogaine forward.
Sometimes you're not wrong. You're just early.
I'm sad he didn't get to see it through.
Back in my day, when you scammed an insurance company you were a criminal... Now you get to date Reese Witherspoon....
BREAKING: A-list celebrities are dating private equity guys as the latest trend this summer.
> Olivia Rodrigo is dating Julian Croonenberghs, a PE associate at Hg Capital
> Reese Witherspoon is engaged to Oliver Haarmann, founding partner of Searchlight Capital
> Nicole Kidman is dating Michael Reinstein, founder of Regent LP
> Andy Cohen is dating Kevin Sobieski, in portfolio ops at TPG
Zoltan Poszar wrote in 2013 we need to consider 3 new prices of money. It basically all came down to global shipping. That is coming true.
He also called gold's breakout.
Real estate guy, small market, big enough tv market. Would be fun. Id give it less than a 5 percent chance of happening.
Story @Sportsnet: Vancouver chooses a prospective owner for its MLB expansion hopes.
Per sources, the city will now work with the Show Vancouver Bid Corporation, led by Zack Ross of Cape Group. More context here.
sportsnet.ca/mlb/article/van…
SmallCapSteve retweeted
It was a real honor to be invited back on @TheDeepDive_ca to chat #gold, #silver, #uranium, and more with the awesome @smallcapsteve 🎙️
youtu.be/cqRLwYVq19k?si=zPAt…
Signs of a healthy economy.
The CNE received 50,000 job applications...
...for just 720 jobs.
That's nearly 70 people competing for every opening.
We already know Ontario's unemployment rate is elevated. We know many young people are picking up second jobs just to make ends meet.
So how is this considered normal?
Something in the economy is breaking.