🇺🇸 Larry David realizing a MAGA hat is the ultimate life cheat code in Curb Your Enthusiasm Season 10. It doubles as an LA liberal force field AND a biker road rage shield… pretty, pretty good! Writer: Michael

The real reason SpaceX is worth $2,000,000,000,000

B2Gold just reported the most overlooked earnings in gold mining this quarter. Revenue: $1.16 billion. Up 118% year-over-year. Net income: $199.9 million. Up 247% year-over-year. EPS: $0.15. Up from $0.044 a year ago. The stock trades at 8 times forward earnings. The industry average: 15 times. A company that just grew earnings 247% — trading at half the industry valuation. EPS is forecast to grow another 161% over the next 3 years.9 analysts cover it. Consensus: Buy. Average price target: 18% above today's price.They pay a dividend. They produced 237,763 ounces in Q1 — up from 192,752 a year earlier.2026 production guidance: up to 970,000 ounces. Most people chasing gold exposure have never looked at this stock. $BTG

*TRUMP SAYS IRAN DEAL SCHEDULED TO BE SIGNED TOMORROW

Two things can be true at once…. AI investments will end in a big bubble, but we are not there yet. See the image below. Grant thinks we are near the "peak of inflated expectations." Recent Gartner analysis puts agentic AI right at that peak, but I still think we have more of the curve to climb before we actually get there. I agree with Grant (and Gartner) that we’re on this curve — I’m just arguing about where we are on it. And yes, it could end up being the biggest bubble yet. We are in 1996 or 1997, not the spring of 2000. We Are Early About 5% of the corporate world is using the full potential of agentic AI. 85% to 90% are engaged with these tools and trying to figure out what they can actually do. I’m deep into using all these tools, and I’m still trying to fully understand them. But I can already see their massive power and how they will change everything in the next 2 to 4 years. I don’t think it will be as bad as most people worry. I think the net effect will be positive for employment and economic growth over time. That said, we’re about to go through a period of massive change, and change is always scary. Once these tools are better understood, that 5% usage will move toward 85%. At that point, we’ll realize that effective, usable compute and data center capacity is still too small for what’s coming. Hyperscalers are already spending hundreds of billions, but we’re not seeing the kind of overbuilding and low utilization that usually marks the top of these cycles. The real bubble comes when spending massively outpaces productive demand. We’re not there yet because the productive demand coming will be huge. How are we going to pay for all this? Worldwide, corporations already spend roughly $400–450 billion a year on SaaS. That’s thousands of dollars per corporate computer — often more than they spend on the hardware itself. A big chunk of that SaaS spending will likely get redirected or consolidated into AI. It’s similar to what happened with cameras, calculators, MP3 players, video recorders, maps, and alarm clocks — all of which eventually moved into the iPhone. AI agents should do something similar by consolidating a bunch of fragmented tools into a single intelligent interface. The future computer probably won’t need a keyboard most of the time. It will have a big context window, and you’ll mostly just tell it what you want. You won’t have to fight with a dozen different SaaS products trying to get them to talk to each other.

Here is every move that Cathie Wood and Ark Invest made in the stock market today 6/12

JUST IN: SpaceX is now worth more than Canada

Black Lives Matter. To honor the legacy of George Floyd, today, 6/4/20, from 2:00-4:00 p.m. ET, we will be shutting down access to our online games, Grand Theft Auto Online and Red Dead Online.

$HYMC vs $CKG.v - Chesapeake Gold This is why I have a strong position in $CKG and not playing $HYMC $CKG.v destroys HYMC on valuation leverage. Yeah HYMC is maybe 3 years ahead of CKG, but 15x more expensive. I rather play CKG, that I expect will do more than 15x coming 3 years as #Gold and #Silver will be a lot higher on top of it 😋 Want leverage over time? Do like Eric Sprott and load up $CKG while it “trades for pennies” as he said recently.

Ontario’s #mining industry will need 5,000 more workers by 2030 to meet growing demand, according to the Ontario Mining Association. “The need is there. We're in the crunch of it now” cbc.ca/news/canada/sudbury/o…

BREAKING: Pierre Gasly has been reinstated into P3 for the Monaco Grand Prix The Stewards have rescinded the two five-second penalties imposed on Pierre Gasly during the race for speeding in the pit lane #F1