1:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Gold And The Greenback Gold has rebounded modestly today after last week’s decline, the biggest weekly drop since mid-June 2021 and slightly steeper than the pullback in November after President Trump’s victory. Positive trade talks between China and the U.S., along with huge deals President Trump made during his historic tour of the Middle East last week, calmed the nervous nellies fearing an imminent U.S. recession. Late Friday, though, Moody’s stripped the U.S. of its last triple-A credit rating, citing large fiscal deficits, rising…
Author: BMR
2:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Charting The Venture It was a blistering week for U.S. equity markets in particular, underscoring the reliability of the Venture in terms of what it has been telling us throughout 2025 – particularly during the media-hyped “Tariff Tantrum” in early April when the buying opportunity was so obvious. For the week, the S&P 500 surged 5.3%, and the Dow gained 3.4%. The NASDAQ, meanwhile, was up a whopping 7.2%. The Venture remains the runaway leader in 2025 among all major North American equity markets…
11:15 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Markets are picking up steam toward the end of the trading week with the Dow up 155 points as of 11:15 am Pacific while the Venture has rebounded 9 points to 668 after 3 straight days of declines. Gold is pushing higher with the yellow metal up $46 an ounce to $3,222 as of 11:15 am Pacific. After tomorrow, Canadian markets are closed until Tuesday due to Victoria Day; Where’s the inflation the mainstream media and Federal Reserve have been so obsessed with recently? U.S.…
11:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Stocks soar on U.S.-China deal: Treasury Secretary Scott Bessent said this morning that talks with China over the weekend had been “very productive” and both countries had agreed to cut “reciprocal” tariffs by 115% for 90 days. That brings U.S. tariffs on Chinese goods down to 30%, and Chinese tariffs on U.S. imports to 10%. Bissent added that he expects to meet again with representatives from Beijing in “the next few weeks” to iron out a bigger agreement. President Trump offered few…
HAPPY MOTHER’S DAY TO ALL OF OUR BMR MOMS! 7:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Bull Market Heats Up Last Sunday in this space we highlighted Onyx Gold (ONYX, TSX-V), an exciting Timmins Gold play that subscribers could have grabbed under 80 cents that shot up as high as $1.22 Friday before closing the week up 29 cents or 36% at $1.09. After conquering a resistance band between 75 and 80 cents, and after the company executed beautifully following an impressive hit of 3.4 g/t Au over 69.6 m ($11 million…
8:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Charting The Venture The most accurate read on the Venture you’ll find anywhere! The equity markets’ FAKE OUT move to the downside in early April, driven mostly by the Fake News Legacy Media in its relentless desire to “Get Trump”, proved to be the historical buying opportunity we insisted it was at the time. The S&P 500 went on a 9-session winning streak, from April 22 to May 2, for the 1st time in more than 20 years while the Venture has broken past key…
11:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings After a strong week, traders on Wall Street have been a little more cautious today ahead of tomorrow’s start of U.S.-China trade talks. The hope is that the U.K. agreement will establish a framework for the U.S. to quickly strike more deals with other nations, even though a 10% tariff rate on the U.K. appears to be the baseline for the globe. “Many Trade Deals in the hopper, all good (GREAT!),” said Trump on Truth Social, a day after announcing a preliminary…
11:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Stocks are on fire today after President Trump and others spoke in the Oval Office to showcase a “full and comprehensive” trade agreement with the U.K. Trump outlined benefits for both countries and said the administration has more trade discussions in coming days. He said investments in the U.S. from this and future trade deals could amount to $10 trillion. Today’s deal “opens up a tremendous market for us,” Trump said of the agreement, which he added will be particularly good for…