KilconaVC retweeted
It is noteworthy that Dimon found it necessary to even publicly make this point.
In 1995, when I started in finance...or 2000...or 2005... or 2010...or even 2015, Dimon would have never had to say this because it would've been as redundant as saying "the sun rises in the east."
Jamie Dimon to a country that pulled its gold out of New York: you have three armies within 400 miles, while gold in America is protected by two oceans and the US military
“If we have the strongest military in the world and the strongest economy in the world, we will be the preeminent reserve currency. It is those two things.”
“I was in a country somewhere in the Middle East, and also in Europe, and the people said, we took our gold out of the vaults in New York City and moved it to our country. You know what I said to him? I said, you have three armies within 400 miles who can come take your gold.”
“That’s the real world. You’re not thinking clearly about safety. That gold is protected by the Atlantic, the Pacific, the United States military, the rule of law.”
“But if we are not the preeminent military and economy, you will see our reserve status come down.”
KilconaVC retweeted
Sometimes the most important rock in a system is the rock nobody was paying attention to. Today's results from $CNL @CollectiveCNL are about that rock.
The market fell in love with Apollo's high-grade core. Fair enough (and stay tuned as results are expected imminently from the lab). But it is missing the halo around the core.
The Shallow Halo Zone: an interpreted 2.4 km long, 200 m wide, precious-metal-dominant target sitting inside the Mineral Resource open pit shell. Near surface. Oxide at the top. And only ~41% of it has been drill tested.
Look at what came out of Pad43 on the eastern side, outside the Mineral Resource:
APC-218: 14.25 m @ 6.49 g/t AuEq, incl. 3.60 m @ 18.83 g/t AuEq
APC-204: 67.25 m @ 1.58 g/t AuEq, incl. 19.70 m @ 4.42 g/t AuEq
APC-229: 6.90 m @ 6.65 g/t AuEq
Pad35, mineralized from the first few meters:
APC-226: 197.40 m @ 0.74 g/t AuEq from 2.85 m, incl. 30.55 m @ 2.02 g/t AuEq in oxide rock
Pad42, with a silver punch:
APC-200: 4.70 m @ 12.00 g/t AuEq (506 g/t Ag) within 15.80 m @ 3.78 g/t AuEq
APC-183: 16.50 m @ 2.06 g/t AuEq from 3.10 m in oxide rock
Now the number that matters. Since the Mineral Resource on Sept 8, 44 of 47 SHZ holes have returned intervals above the 0.30 g/t AuEq open-pit cut-off. 44 of 47. Much of it outside the current Mineral Resource. In this business, consistency is everything.
These results support the potential to add Mineral Resources within the existing pit shell. And ~59% of the halo hasn't seen a drill bit yet.
Then, as if the rocks wanted to make a point, high-grade gold veins at depth, outside the southeastern Mineral Resource:
APC-188: 19.05 m @ 5.48 g/t AuEq from 388.95 m, incl. 1.65 m @ 51.56 g/t AuEq
GTC-4: 1.55 m @ 42.79 g/t AuEq from 574.50 m. A geotechnical hole, drilled for engineering data.
Thirteen rigs turning. 69 holes pending. Construction of a ~3 km exploration adit scheduled to begin this quarter. Fully funded for 2026.
We've been here before, at Buriticá. We know what the early chapters of a system look like. We believe Guayabales is still in them.
Read the full release: collectivemining.com/collect…
APC-218: 6.49 g/t AuEq (5.49 g/t Au, 52 g/t Ag). APC-204: 1.58 g/t AuEq (1.07 g/t Au, 26 g/t Ag). Intervals are down-hole lengths.
KilconaVC retweeted
🇲🇽 A MEXICAN TEENAGER BUILT A FIRE EXTINGUISHER THAT USES SOUND INSTEAD OF WATER OR CHEMICALS
A student created “Vortex Tech,” a portable prototype that uses low-frequency sound waves around 30 Hz to disrupt the air feeding small flames.
In tests, it put out small fires in roughly 5 to 8 seconds.
She built it with her adviser and uncle after getting inspired by a sonic-cannon concept.
It’s still an experimental prototype for small fires, but a teenager from Mexico turned bass into a fire extinguisher 😮
Writer: Sol
KilconaVC retweeted
BREAKING NEWS
MEMBERS OF THE EUROPEAN PARLIAMENT HAS VOTED TO CREATE AN AGENCY WITH THE POWER TO TAKE STAKES IN RAW MATERIALS COMPANIES WHEN NEEDED “TO SAFEGUARD THE UNION’S SECURITY OF SUPPLY”
Another one…
KilconaVC retweeted
SILVER SENTIMENT IS BACK IN THE MINING DOLDRUMS: A 45-Year Breakout Is Being Backtested In The Low $50s, The Demand Stack Is Much Larger Than 2012 & How Sideline Capital Is the Next Leg For Silver! metalsandminers.substack.com…
KilconaVC retweeted
Former DOGE Staffers Hacked Into Anthropic's Internal Systems In 12 Hours - And What They Found Is Alarming zerohedge.com/political/form…
KilconaVC retweeted
EX-REAGAN BUDGET CHIEF’S GOLD CALL: IT’S ONLY A QUESTION OF HOW FAST AND HOW HIGH
David Stockman ran the federal budget under Reagan and has tracked the fiscal machine for more than forty years. In a recent interview he dropped the hedging and spoke plainly about his own capital. The former insider is not betting on stocks or long bonds. He is loading gold because the direction leaves no other choice.
THE GOLD BUG CONFESSION
➡️ Stockman does not soften the label.
➡️ “I’m a gold bug. Okay. So, I think people should load up on that there.”
➡️ “It’s only going to go up. It’s only a question of how fast and how high.”
THE SHORT-RUN POSITION
➡️ He pairs the metal with short-term Treasury bills for the near term.
➡️ “In the short run, a lot of gold and a lot of T-bills is probably a pretty good investment position.”
➡️ He is not calling for double-digit inflation or an imminent default. He is protecting while the economy grinds under the debt load.
THE DIRECTION, NOT THE DATE
➡️ Asked what happens to gold from here, the answer is blunt.
➡️ “It goes up. It goes up a lot.”
➡️ He refuses to name a price or a calendar date.
➡️ “I can predict the direction… the price of gold is going up. But I’m not going to tell you when or how fast.”
➡️ The reason is proximity: “We’re getting closer and closer to the edge of a more serious dislocation.”
THE REVALUATION DISTRACTION
➡️ Talk of revaluing Fort Knox gold (still carried at $38 an ounce) or issuing gold-backed bonds is circulating again.
➡️ Stockman separates accounting theater from substance.
➡️ Revaluing the books “create a lot of headlines and buzz for a couple days, but I don’t think it’ll do anything at all.”
➡️ Gold-redeemable bonds in the style cancelled in 1933 “could be a pretty interesting day in the market,” yet he does not see a gold bullet.
➡️ “We’re too far down the road… too tangled of a mess” to restore universal gold clauses in any short or intermediate window.
➡️ The debate itself still matters. It reintroduces the idea of sound money versus the fiat system in place since 1971.
➡️ Having a gold advocate advising the Treasury is, in his words, “a tiny little ray of hope.”
THE BOTTOM LINE
David Stockman has watched the fiscal machinery from the inside for decades. His message on gold is unchanged and unambiguous: load up, because the only open question is speed and height, not direction.
The man who once ran the federal budget is telling you the hard asset is the one still standing.
#DavidStockman #Gold #SoundMoney #GoldBug #HardAssets #FiscalCrisis #ContraCorner
HT: YouTube VRIC Media @DA_Stockman
KilconaVC retweeted
After a multi decade breakout, silver is selling off to test 2011 higher around $50 level. Only if silver does not hold around $50, I could change my view.
In fact, $50 shall serve and a solid retest level. However, silver could actually never test $50, but that is the red line...
KilconaVC retweeted
BREAKING NEWS
The Parliamentary Budget Officer warns of a looming MEGA-DEFICIT risk.
The Liberals are labelling over $141 BILLION of government loans to Crown corporations as "assets".
They expect that money back.
But if repayment never comes, these loans could be written off as a loss and added to the deficit.
Take for instance Canada Post.
The Liberals handed Canada Post over $2 BILLION in "repayable" funding, yet it lost over $1.5 BILLION last year and hasn’t turned a profit for years.
Repayable with what?!
Is this why Mark Carney is eager to create so many new Crown corporations?
To borrow more money, count the loans as assets, and make the deficit look smaller while taxpayers carry all the risk?
More to come.
KilconaVC retweeted
WOW.
A top Bay Street banker just said another Shopify is "tough to imagine" in Canada today.
>351 companies have left the TSX since 2020
>41 delistings this year alone
>Only 8 IPOs on the TSX this year (as of Sept 30)
Canada's biggest tech success story may not be possible here anymore.
THE NEXT SHOPIFY WILL BE BUILT SOMEWHERE ELSE.
Similar to what we’re seeing as a brain drain where we lose 40% of the top 1% of income earners…
TO AMERICA.
-Source: Bloomberg
KilconaVC retweeted
🚨The RCMP raid on Lion Electric is just the tip of the iceberg—the real machine behind it is far more sinister.
The Canada Infrastructure Bank is a banking cartel creation, wired straight into the WEF's "blended finance" scheme—and It's quietly siphoning BILLIONS from Canadian taxpayers.
And almost no one has a clue.
KilconaVC retweeted
Gold could be forming a major bottom during the next few days into FOMC on October 28, 2026. I expect precious metals to start a run up into year end early November...
KilconaVC retweeted
#REPORT: RCMP Raids Lion Electric Bus Maker Headquarters in📍Quebec During Investment Fraud Probe After Company Allegedly Inflated Orders and Wiped Out Investors While Burning Taxpayer Money.🇨🇦
Quebec handed out $140 million in taxpayer funds and the federal government handed out $32 million to help build Lion’s electric bus and battery plants.🚨
KilconaVC retweeted
Canadian taxpayers now work SEVEN TIMES more hours than they used to 20 years ago to cover increasing immigration costs on the federal budget.
Is it worth it?
KilconaVC retweeted
Michael Gentile has about $178 million in insider holdings across public mining companies, according to CEO Plus.
On the latest Top of Mine, he explained how he invests in junior miners.
“I often double my position or triple my position in companies after a first check... I’m not interested in speculation, not interested in promotion or marketing of companies. I only win if the company is sold, acquired by a major mining company or the company goes all the way into production.”
He says he makes mistakes, but that the companies he backs should have an above-average chance of becoming producing mines.
See what’s on his list with CEO Plus👇
KilconaVC retweeted
Mother Nature doesn't hand over her best secrets from the surface. You have to go in and get them.
$CNL @CollectiveCNL is going underground.
In November, we begin construction of a ~3 km exploration adit at Guayabales, a roughly two-year build. The video below shows the tunnel's path and the portal area taking shape this week.
I've spent much of my career in the mountains of Colombia, and one lesson stands above the rest: the best discoveries are made from underground.
From surface, the mountain dictates where we drill. Long holes just to reach depth. Angles chosen by where we can build a pad, not by where the geology is. Underground, we flip that.
We get close to the targets and drill-test them over more than a vertical kilometer, from orientations that are simply not available from surface.
The road underground:
Q1-2027: Trap East, a newly generated greenfield target
H2-2027: the Trap Main System, via a dedicated cross-cut
2028: Plutus and Apollo's Ramp Zone
Trap has only been sparsely drilled along a 1.4-kilometer corridor. It extends up to 900 meters below surface and remains open along strike and at depth. The adit is positioned to intersect its currently known southeastern end.
And between Trap and Plutus lies unexplored ground. What might we find there? I'm not discounting the possibility that we cut yet another mineralized system on the road to Apollo.
Two years of tunneling. Four targets. One adit.
We're going underground. Stay tuned.
KilconaVC retweeted
BREAKING NEWS
JAPAN IS MONTHS FROM RUNNING OUT OF SUPPLIES OF CRITICAL RARE EARTH AND HAS ASKED THE UNITED STATES TO PUSH CHINA TO EASE RARE EARTH EXPORT CONTROLS
This is all coming down to minerals...
KilconaVC retweeted
The Comex has 100M oz. of registered silver available for sale.
At $57 an oz., that’s $5.7B worth of silver.
Meanwhile, there are 112,000 silver futures contracts outstanding, representing 560M oz. of silver.
That means registered inventory covers just 18% of the silver represented by futures contracts.
For less than $6B, a nation-state or billionaire could theoretically buy up the entire registered silver inventory on the Comex.
The disconnect between paper exposure and physical supply poses a serious systemic risk if market participants begin demanding delivery.
KilconaVC retweeted
The globalists rig every election with mail-in ballots.
519,082 mail-in ballots were processed last night by EA, compared to 51,000 in the last election.
What are the odds that over 90% of the mail-in ballots went option 1?
You know the fix was in-just like the US election in 2020.
So 90% of the mail in votes went option 1?
The rumours of the NDP and Forever Canada crews scouring seniors /55+ building and ordering mail in ballots for them looks to have made a massive difference
##AlbertaReferendum
#Alberta