Doug Casey, Matt Smith, and I recently discussed the H1B controversy, sparked by a post from Vivek Ramaswamy on X. His post served as a catalyst, unleashing frustrations over Indian arrogance and a lack of gratitude. I further explored why Indians will continue to dig in their heels:
As a follow-up, Michael Farris and I discussed how, when intertwined with spirituality, yoga fosters wokeness prevalent on the West Coast. We also explored why the West is beyond redemption, why India is a dead man walking, and why the ultra-right in the West is doomed to bitter failure:
With Peter Quinones, I discussed the illegality behind legal immigration and H1B visas—where you can buy virtually any degree in India. The Indian Prime Minister himself holds a degree in “Entire Political Science,” an impressive feat considering no university, not even a North Korean one, appears to offer such a course:
On Investments
- Group Eleven (ZNG; $0.19): ZNG had stagnated, likely because the market recognized they were out of cash. Their recent financing provides a solid foundation for significant drilling. I see no reason to bid higher than $0.19.
- Integra Resources (ITR; $1.54): ITR should generate decent cash flow from its mine to underpin its current valuation, and its development projects offer solid upside. Their last financing was at $1.35.
- NeXGold Mining (NEXG; $0.64): While I am not necessarily a fan of their project portfolio, NEXG has fallen to its lowest in eleven months.
- Cerro de Pasco Resources (CDPR; $0.245): I participated in their $0.15 financing at Chen Lin’s suggestion. Between late March and June 2025, 34 million warrants with an exercise price of $0.25 expire, the likely reason for its weakness.
- Serra Energy (SEEM; $0.17): I’m unfamiliar with the current management, and the latest financials are pending, but it’s trading at perhaps less than half its cash value.
- Irving Resources (IRV; $0.23): IRV has stagnated despite continuing to drill its two major projects in Japan. My clients and I are among the largest shareholders. I will be at their booth at the Metals Investors Forum in Toronto this weekend.
I just finished reading this book, in which the author claims that 4% of Westerners are psychopathic. As I read, I couldn’t help but wonder whether nearly 100% of people in the Third World fit the profile she describes. In my view, while some high-IQ individuals fail to develop a moral conscience, low-IQ individuals cannot.
Registration for the next Capitalism & Morality seminar is now open. While I am still finalizing the speakers, the price and coupon (PPC2025, for a 10% discount) will stay the same at least until March 20th.
Jayant Bhandari
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