9:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Managing Volatility Our best advice to subscribers doubles down on our posts earlier today – this is no time to panic, but it is a time to take advantage of the panic of others. Fear and greed rule the markets and right now we’re seeing a lot of fear, much of it driven by the mainstream media but President Trump has certainly given them plenty of fodder. Trump also wants to force the hand of the Fed – he definitely wants rates to come…
Author: BMR
4:00 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Venture Update We’ve stated this repeatedly in recent weeks and it’s worth emphasizing again after the Thursday-Friday rout on Wall Street and Bay Street – the Venture has outperformed the broader North American equity markets so far in 2025, and investors have to view this as very positive for stocks in general this year. Historically, Venture performance has served as a highly reliable leading indicator, the most famous instances being prior to and following the 2008 and 2020 crashes. The Venture has not led…
10:00 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). “Liberation” Turns Into “Obliteration” On Wall Street Historically, sharp and short pullbacks in the market are preferable to months of “Chinese water torture”. Compressed sell-offs, like at the end of 2018, COVID, and even last summer – a 16% haircut in the NASDAQ from early July to early August – have always proven to be great buying opportunities and this time should be no different. President Trump’s tariff policy, announced post-market last Wednesday (billed as “Liberation Day” for America), sparked significant selling on Wall…
8:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Retaliatory tariffs from China overnight put more downward pressure on equity markets, and even Gold is taking a hit – though bullion’s drop had everything to do with a much stronger-than-expected U.S. non-farm payrolls report this morning. Gold has tumbled $87 an ounce to $3,027 as of 8:30 am Pacific while the TSX Gold Index has fallen 29 points to 421 (see chart further below); Best sign the market is carving out a bottom during this Trump Tariff Temper Tantrum: The “Fear Index”…
10:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings U.S. private payroll gains were stronger than expected in March, countering the media narrative that the labor market and economy are slowing, according to a report this morning from ADP. Companies added 155,000 jobs for the month, a sharp increase from the upwardly revised 84,000 in February and better than the Dow Jones consensus forecast for 120,000, the payrolls processing firm said. The upside surprise comes amid worries that President Trump’s aggressive tariffs could deter firms from adding to headcount and in…
9:45 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings Tomorrow is “Liberation Day” in America, says President Trump, who’s expected to unveil reciprocal tariffs on goods from many countries (the White House has announced Trump is scheduled to deliver remarks at a “Make America Wealthy Again Event” in the Rose Garden tomorrow at 4:00 p.m. ET). It’s quite possible the market has already largely “baked” this in, in terms of any potential negative short-term fallout during a “re-wiring” period for the U.S. and global economies, with the NASDAQ having retreated 10%…
7:30 am Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Macro Happenings The Gold market is on track to end the first 3 months of the year with an impressive ~18% gain, its biggest quarterly rally since July 1986. Safe-haven demand continues to drive investment capital into bullion as President Trump’s import tariffs and the ensuing global trade tensions have pushed equity markets into correction territory. While Gold is seeing its best quarter in 39 years, the S&P 500 is facing about a 5% loss – its worst quarterly performance since July 2022; Last…
8:30 pm Pacific (Exclusive to BMR subscribers – Not for Distribution or Posting on any Board). Three Gold Stocks Ramping Up A rising tide (higher Gold prices) isn’t lifting all boats in the Gold sector, particularly the grassroots plays (with no existing significant discovery / resources) or the NFG’s of the world who fall short of expectations. Below are 3 plays that are looking really superb, including 1 producer we’ve been recommending for quite a while that has really “turned the corner” and pushed past the $5 level last week for the 1st time in more than 7 years. Another…