These bills, along with C-22 and C-9 constitute a total erosion in Canada’s basic liberties. They interlock into making Canada essentially unviable for those with choices on where to build.

🚨 The most important signal for Gold may come from central banks buying it for strategic reasons. 📊 45% of surveyed central banks expect to increase their gold reserves over the next 12 months, the highest level ever recorded in the World Gold Council survey, while only one institution said it plans to reduce its holdings. 🌏 It is worth noting that this demand is largely coming from emerging markets. Many of them are looking to gradually reduce their exposure to the dollar and U.S. Treasuries. The “end of the dollar” is not coming tomorrow morning but it does point to a clear diversification of reserves in a world that is becoming more fragmented, more geopolitical, and less confident in traditional sovereign assets. ➡️ The storage issue is also worth watching as some central banks are no longer asking only how much gold they should hold, but where they should hold it. The fact that some are repatriating part of their reserves or diversifying storage locations shows that gold is once again becoming a sovereignty asset, not just a line item on a balance sheet. In my view, the gold thesis remains solid over the medium and long term as central banks continue to see gold as a strategic asset in a world where trust in traditional reserves is gradually fragmenting. *Bloomberg link: bloomberg.com/news/articles/…

Retail sales should be a blowout beat, according to BofA's real-time card data

JUST IN: Royal Bank of Canada CEO reveals AI now gives him reports “in about four seconds” that used to take a week.

Did you read the column? Something tells me you didn’t.

Canadian Prime Minister Mark Carney tells me he's one of the few people who has seen the MOU between the U.S. and Iran. Our full interview airs at 9 p.m. ET.

Has everyone forgotten the performance trigger in the SpaceX lockup schedule

Insanity: with a market cap of $2.96 trillion, SpaceX just passed Microsoft to become the 4th largest company in the world. Microsoft Sales: $318 billion Microsoft Net Income: $125 billion SpaceX Sales: $19 billion SpaceX Net Income: -$9 billion

🚨 SpaceX just pulled off the greatest financial engineering feat of the century. In about a week. Here's everything that happened, in order: – Folded xAI into a rocket company, turning "space logistics" into an "AI infrastructure" story overnight – Priced the IPO at a flat $135. No book-building, no range. Take it or leave it – Floated just 4% of the company. 556 million shares against 13 billion – Raised $75 billion at a $1.77 trillion valuation, near 100x revenue – Lobbied to get into major indices in ~15 trading days. Amazon took years. Forced buying, by law – Handed an unusually large slice of the float to retail. Tiny supply, an army of buyers – Watched the stock rocket past $200, up nearly 20% in a single session – Saw ~46% of the entire float trade hands in one day – Then announced a $60 billion all-stock buyout of Cursor, the AI coding tool – Structured it so the higher the stock trades, the fewer shares it has to print to pay A company losing $4 billion a quarter is now buying AI startups with paper it manufactured out of a 4% float. The scarcity that pumped the stock now makes its shopping spree cheaper. This isn't aerospace. It isn't even AI. It's the finest financial engineering of the century, and it's only week one.

This should make every Canadian puke, and it shows exactly which road we're headed down with Mark Carney in charge.

Yes I am planning my exit out of Canada. I’m sorry for all the liberals but I never signed up to live in an Asian colony. Everywhere you go Filipinos, Chinese, Indians. 50% of children under age 15 are brown. The future of Canada is so brown. I am going to a whiter country