The Shit To Know Thursdays - December 21st, 2023

Shit you may wanna know...

The Shit to Know Thursdays

Alright man look

Here is some shit we think you should know (if you don’t already). Not saying you guys don’t know shit, just double checking.

Market Indices & Commodities

Gold$2,048.50+0.80%
Copper$3.93+0.23%
Silver$24.41+1.00%
NASDAQ$14,963.87+1.26%
S&P 500$4,746.75+1.03%
TSX$20,765.73+0.80%
CSE$157.23-0.23%

Politics
Colorado to Declare Trump “Ineligible for Presidency”

First time in history that Section 3 of the 14th Amendment has been used to disqualify a presidential candidate, due to the Capitol event.

That doesn't mean he can’t run, they will have to swing it by compliance (Supreme Court) for a decision & if for some reason it passes, it could potentially lead to a domino effect of disqualifications in other states.

This isn't a politics page, but what do you guys think?

Commodities  
House of U.S. Representatives Banned Russian Uranium Imports.

The US just passed a bill banning all Russian uranium imports…

Russian imports account for 20% of reactor needs. So the U.S better giddy the fuck up. 

Also, Uranium hit $90 this week lfg. Fuck the political side, Uranium Stocks to the moon. 

China… 
China Halts Rare Earth Element Technology Exports

China has announced a ban on exports of rare-earth technologies, an apparent response to tighter US controls on semiconductor shipments to the country. China accounts for roughly 70% of global rare-earth output...

China's Commerce Ministry said this morning it is barring the export of a rare-earth technology to make high-powered magnets, as well as restricting shipments of rare-earth refining technology.

These magnets are necessary to manufacture most of the shit we use every day (car batteries, phones, hair dryers).

Basically, the world relies on China for rare-earth refining and processing technology.

Typical China move, they always have something up their sleeve. Let’s be optimistic, REE stocks to the moon?

M&A
RBC is Set to Buy HSBC Canada

The Canadian government will approve Royal Bank of Canada’s landmark deal to acquire HSBC Holdings Plc’s Canadian operations, handing a major regulatory win to one of North America’s largest financial institutions.

Pretty fuckin boring but who doesn’t love a big ol 13.5b mega acquisition.

Insider Trading
Zuck is Dumping Shares

Zuck the cuck has now sold over 320m shares of FB over the last week. Why? No fucking clue, maybe to fund his new Top Secret Hawaii Compound, whatever it is, doesn't sound too good for you Meta holders, Godspeed.

Stock of the Week
VERSES AI Has a Heater Week.

I’m not gonna re-explain the VERSES AI x OpenAI AGI scenario again because I’ve explained it over and over and would be offended if you haven’t listened the past 5 times. (VERSES x OpenAI story here)

But, they had a ripper week +40% and just announced that “Volvo” has joined their beta program.

Hats off to the team, they are fucking killing it.

Thank you 
That’s all Folks

Just one more fucking day, I can smell it…