Venture Capital Financings Implode on TSX Venture ($300 Million in July)

venture capital financings fall dramatically on TSX Venture

The TSX Venture Composite, Canada’s leading small-cap index, is witnessing a collapse in investment. Total financings came in at just $301 million in July. While this is a seasonally weak period, venture capital raised in July 2021 hit $725 million. What’s more astounding is the nearly 50% collapse in financing activity from last month when […]

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Did Uganda Discover $12 Trillion Worth of Gold?

Uganda gold discovery

Aaron Hoddinott and Alexander Smith of Pinnacle Digest discuss Uganda’s recently reported gold discovery, which the country says has an estimated value of over $12 trillion. According to Reuters, “Over the last two years aerial exploration was done across the country followed by geophysical and geochemical surveys and analyses, Solomon Muyita, spokesperson for the Ministry […]

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The First Time Bitcoin Has Faced Rising Interest Rates – Update from Max Keiser

Bitcoin update

Max Keiser provides a Bitcoin update and explains why this crash is different – currently down 70% and falling. Bitcoin was trading around $19,600 Monday morning but broke critical support at $19,500 for most of the weekend. He believes the Russian-Ukraine war, which began in February of 2022, marked the end of the 40-year bull […]

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What it Takes to Be a Global Economic Superpower: United States vs China

China vs. America

Aaron Hoddinott talks about the China vs. America superpower debate. He references Ray Dalio’s eight keys to being a superpower and where the current battle between the United States and China stands. Although there is room for debate as to how big the gap between the two nations may be, there is no debate that […]

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Top 50 Still in the Green

Focus Energy outperforms thus far in June

Somehow, despite crashing valuations across the board, excluding the energy sector, many Pinnacle Stock Challengers are thriving… Almost unbelievable, the Top 50 in Pinnacle’s Stock Challenge for June are showing positive returns thus far. Despite being one of the worst environments for stocks in decades, ‘Wes Tanchak’ is in 50th, up 0.32%, while our leader […]

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Consumer Sentiment Falls to Record Low – Signals U.S. Recession

consumer sentiment crashes to all-time low

U.S. consumer sentiment recently hit all-time lows –before the recent market crash in stocks and crypto. While widespread and a few days old, the significance of this data cannot be understated. It guarantees that the U.S. is in a recession and a complete disaster for the Democrats in the coming mid-term elections. The University of […]

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Deflation, anybody?

A disturbing deflationary force is starting to boil, ironically right in the face of rising inflation worldwide… Population decline or dropping birth rates has become a global phenomenon. Fewer workers, fewer immigrants, and far less tax revenue will present a new set of challenges for the 21st century. For investors, adapting to the changing demographics […]

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America’s Saving Rate Points to Recession

Is the American economy weakening or already in recession? Or is the inflation squeeze leaving consumers with little left to save? We know that is true, but it is only part of the story. With the nation’s savings rate crashing to 2008 lows, households may not be saving much because they already have a cushion […]

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May’s Stock Challenge Concludes With First-Time Winner

It’s the end of the month, and the time has come to crown our new champion! Off an incredible run from NASDAQ-traded IMTE (Integrated Media Technology Ltd), veteran player ‘lindi’ finishes the month in top spot with a 60.64% average return. Congratulations lindi! Not bad for a first time finish in the top ten! ‘quantumx’ […]

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TSX Venture Update: Trading Volumes Hit Record Lows

TSX Venture liquidity dries up

The TSX Venture has averaged about 27 million shares traded per day in the past ten trading days. However, on Wednesday and Thursday of last week, trading volumes fell to less than 20 million total shares traded, according to TMX data. To my knowledge, 15.8 million shares traded on May 25th is the lowest volume […]

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