More indicators show the overvaluation in the US markets versus the rest of the world.

I also discuss the further implications of Russia's ban on uranium exports to the US.

Russia on Friday temporarily banned the export of enriched uranium to the US, causing the spot price of uranium to jump. However, as I covered in this week's presentation, this is not the only positive news for uranium investors.

The Federal Reserve cut rates by .25% last week, but this was overshadowed by Trump's overwhelming electoral victory. There are also opportunities in Aluminum and Tin investing.

When the facts change, my opinion changes. This is what has happened with my view on investing in China. I always thought it was undervalued. I still have some concerns, but I believe an opportunity exists here.

This week, the big BRICS meeting was held in Kazan, Russia. Although important from a perception and visual perspective, it did not result in any major news or move towards a new currency. I review what occurred.

Major announcements from US tech giants on plans to invest in nuclear energy to power data centers.

Gold and silver make new highs. I explain why this rally is likely to continue.

The CBO report shows that the U.S. deficit surged to $1.8 trillion in the Fiscal Year 2024, representing 6.4% of GDP—the most significant shortfall since 2021.

That’s $139 billion more than the deficit of FY 2023 and nearly $400 billion more than FY 2022. Government spending jumped 10% year over year to reach $6.8 trillion. The biggest expenditures included Social Security ($1.5 trillion), interest payments on debt ($950 billion), and Medicare ($869 billion).

Federal debt also swelled by $2.2 trillion over the past year, hitting an all-time high of $35.7 trillion this week. The trend underscores the persistent crisis of U.S. deficit spending.

Major banks have pledged trillions in support of nuclear power, and most major tech companies are aligning behind nuclear power as demand for data centers explodes higher.

If you like the information I provide, consider supporting me by buying me a cup of coffee. I am listener and reader-supported. https://www.buymeacoffee.com/johnpolomny