The Profit Machine: The S&P’s True Margin King Listen up, because the mainstream financial media is feeding you garbage while the smart money is orchestrating the trade of the century. We are standing at the epicenter of a historic valuation dislocation. While the herd is chasing tech stocks at nosebleed valuations, gold mining equities are trading at their cheapest levels in over 50 years! Let that sink in. Gold has broken out into uncharted territory, yet the producers of the metal are priced as if we are in a multi-decade depression. This is the definition of a generational mispricing—and the…
Most avid shooters know who Jerry Miculek is. They also know who his daughter Lena is. She’s a fantastic shooter who, frankly, can kick the crap out of most of us on the range, and I don’t feel the least bit bad about it. I’m pretty sure the Miculeks are really terminators or something, anyway. But Lena, like most people, doesn’t always want to wear tacticool clothing. That means, for her, dresses. It also means that for a lot of other women.So, she decided to share some advice with the other ladies out there —…
A Chinese man has been sentenced to six months in jail after he photographed Whiteman Air Force Base. Whiteman Air Force Base, located in Missouri, is a vital military installation under the Air Force Global Strike Command. It is the exclusive operational home for the nation’s entire fleet of B-2 Spirit nuclear-capable stealth bombers and supports a community of approximately 10,000 to 12,600 people. Qilin Wu drove a vehicle to the base on Dec. 2, 2025, telling members of the 509th Security Forces Squadron that he had come to observe the B-2, an American heavy strategic stealth bomber, the U.S.…
SEOUL, South Korea (AP) — For decades, the United States and South Korea have regularly staged military drills to prepare their soldiers to work together smoothly in the event of a crisis or conflict with North Korea. But this year’s Ulchi Freedom Shield exercise, one of the two main drills conducted by the allies annually, could be disrupted after U.S. President Donald Trump ordered his Pentagon chief to “substantially” scale it back just before its start Monday. He cited what he said was a good relationship with North Korean leader Kim Jong Un and South Korea’s refusal to join the…
CAIRO (AP) — U.S. President Donald Trump threatened to bomb Oman because he is unhappy the country is close to a deal with Iran to manage ship traffic through the Strait of Hormuz, two regional officials said Tuesday, a day after Trump leveled the threat. The officials said the Trump administration has told Oman it is opposed to parts of the yet-to-be-announced deal, including the joint Iranian and Omani management of the exit route out of the passage that’s critical to global supplies of oil and natural gas. The officials were briefed on the U.S. position and how the administration…
I’d really rather not talk about another deadly shooting at a school, but if I have to, I’d prefer it not to be in the United States. I’d say I was in “luck” this morning, quotes and all, if it didn’t turn my stomach just thinking about being that flippant, and if you guys have read my stuff for a while, that should be a tad impressive. Flippant and snarky are my brand, after all.But these are kids, for crying out loud, and while these might not be American kids, that doesn’t actually matter.A high…
The Marine Corps has awarded a $19 million contract for 10 Tempest counter-drone vehicles that are deliberately built to shoot and then leave. The system fires AGM-114L Longbow Hellfire missiles at Class 2 and Class 3 drones, then withdraws while the missiles are still in flight so the crew spends as little time as possible in the kill zone. A Pentagon contract announcement dated August 11 confirmed the award to Vertex Modernization and Sustainment, a V2X company based in Indianapolis. The deal covers the vehicles plus software, spare parts, training, and support services. Work is scheduled to run through August…
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Perhaps my favorite fiction author is Larry Correia. His Monster Hunter International series is incredible, though the Grimnoir series is my favorite. He’s done others, and one that I think a lot of people sleep on is the novel he did with John D. Brown called “Gun Runner.” It’s a science fiction work that, frankly, I enjoyed so much. While I’m hoping we get a second book there, it seems there’s something else in the works in that universe.A Kickstarter for a graphic novel version of the book.The 2021 Dragon Award-winning military science fiction novel…
Gun owners (or most of them, anyway) are rightfully delighted with U.S. District Judge James Wesley Hendrix’s decision that much of the National Firearms Act has been rendered moot now that the making and transfer taxes on suppressors, short-barreled firearms, and “any other weapons” have been zeroed out by Congress in the One Big Beautiful Bill Act. As Reason’s Jacob Sullum writes in his latest syndicated column, though, even folks who have no plans to purchase a suppressor or short-barreled rifle in the future should be pleased by how Hendrix reached his decision. Hendrix didn’t decide…
More than 100,000 surplus M14 rifles once used by the U.S. military are expected to go on sale to the public beginning early next year through the Civilian Marksmanship Program. The organization is a federally chartered nonprofit that plans to sell the guns. CMP CEO and board Chairman Jerry O’Keefe said the organization is targeting a price below $2,000 per rifle, though final pricing has not yet been announced.” Every buyer is limited to two weapons apiece, and sales are expected in January. The CMP could reconsider this limit as sales go on. CMP CEO and board Chairman Jerry O’Keefe…
I keep trying to keep myself calm regarding the court’s decision on the NFA registry requirement for suppressors and short-barreled long guns. I want it to mean the end of the NFA requirements entirely, and while they’re gone for now, there’s no guarantee they won’t return down the road. I want to temper my expectations. Still gonna SBR my home defense rifle and put a can on it, though.However, it’s always possible that an appeal will come.That’s not stopping Giffords from absolutely losing its mind over it.Trump’s Justice Department just failed to defend nearly 100…
PHOENIX (AP) — All eyes were on Navajo Code Talker Thomas H. Begay. The 101-year-old veteran saluted while the national anthem played on Friday, kicking off a day of recognition honoring him and the other Navajo recruits who famously used their native language to keep military secrets during World War II. Begay, one of the last two living Code Talkers, made the long trip from his home on the Navajo Nation to the Arizona State Capitol for the event. He was joined by family members and dozens of descendants of other Code Talkers. “I am so damn proud,” said Begay,…
Police are on the hunt for a woman who stands accused of stealing $8,500 from a bank by using a fraudulent military identification card. The Shreverport Police Department in Louisiana has asked for the public’s help in identifying the unknown woman, who is accused of stealing the money on July 15, at BOM Bank. Police said the woman used the ID to obtain a cash advance on the victim’s credit line. Bank representatives reportedly thought the ID was legitimate until the victim later discovered the unauthorized withdrawal and confirmed they had not allowed anyone else to access their account. In…
A 30-acre wooded property on a lake in western New York opened up as a free retreat where disabled veterans could rest and heal. But the land is claimed to be a private getaway paid for by strangers who thought they were helping veterans. On Aug. 12, Attorney General Letitia James sued the charity, Healing for Heroes, along with the married couple who founded and ran it, Thomas Nelsen and Jennifer Milchanoski-Nelsen, of Bemus Point. The lawsuit alleges the two solicited donations in the name of disabled veterans and then spent much of the money on themselves, renovating a bathroom,…
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