BIG news from Tectonic Metals and BioLargo; Trump’s Establishment Fed pick DOESN’T Change the Math
Greetings, Investors! As our very happy paid Members of The National Investor know, as I advocated some profit taking in recent days on PM’s-related holdings I also advised, in part, that some of those profits be deployed “down the food chain” to great stories that hadn’t ripped higher yet.
A couple of those have TRIPLED in just the last month or so, leading the roster!
One is Tectonic Metals (TSXV-TECT; OTCQB-TETOF).
RIGHT HERE (or by clicking the above graphic) you can watch a quick update I recorded earlier this week with Tectonic C.E.O. Tony Reda following the best assay results EVER at the company’s Flat Project in Alaska.
And to boot, some other BIG numbers were RELEASED just yesterday!
Despite metals getting hammered overnight and early on this morning on much hotter PPI numbers, the Warsh nomination for Fed Chairman and simply overdue profit-taking (more comments on all this below) I don’t expect TECT to correct all that much.
If it does it’s even more of a gift to you as you invest or buy even more, as you’ll learn from my discussion with Tony.
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Next up, I also recorded an update this week with Tonya Chandler, President of BioLargo’s Equipment Solutions and Technology division; you can watch the news of a great milestone for the company RIGHT HERE or by clicking on the below graphic.
It’s been a long time coming: but the news this week of the company’s AEC system being installed and going “live” in Lake Stockholm, N.J. is VERY BIG NEWS.
Now, as Tonya describes, among other things, both state and federal regulators will be chronicling the rollout of this system; one which I am confident will lead to an explosion of business for the company to follow.
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Also late Wednesday — as some of you have already seen — I got together with Mike Fox of The Prospector Podcast to record our usual Fed meeting post-mortem which you can listen to RIGHT HERE or by clicking on the below.
If there was a surprise at all in this meeting where, as expected, the Fed didn’t lower interest rates further it was as sort-of-lame-duck Chairman Jerome Powell ever-so-deftly changed his tune on a possible rate HIKE coming. This is something, as I quipped again to Mike, that NOBODY has on their proverbial Bingo card for 2026, but could happen.
Interestingly, markets reacted very little to this and other comments right off.
Aside from this, Mike and I discussed a myriad of market topics related to the Fed, politics, geopolitics and a lot more that is and/or will be directly affecting your investment decision-making.
THIS MORNING’S NEWS on a big, unexpected surge higher in producer prices is adding to the idea that, at the least, the Fed is going to be sitting on its hands for quite a while, whether The Orange Wonder likes it or not (of course, he was out in the aftermath of this week’s NON-rate cut with the usual imbecilic diatribe against Powell, as you see below.)
Which brings us to THIS MORNING’S OTHER NEWS: and that is President Trump’s nomination of Kevin Warsh as his choice to succeed Jerome Powell as Fed Chairman.
I’ll have more insights into this in the days ahead: but for the moment, a few of the more immediate things that come to mind, or that you should otherwise be cognizant of, are:
—> First off, Warsh is even more of an Establishment pick than was Powell when…ahem…Trump chose the latter back in 2017.
Needless to say (the below is but one of a legion of examples) many are calling out the president for anything BUT a “swamp drain” type of nominee.
IF Warsh is confirmed “on time” to succeed Powell (and there are a few elements still to that “if” as I recounted in my conversation with Mike Fox) we won’t even make it to the mid-terms before Trump is castigating Warsh for not lowering rates faster, let alone of I am correct and the Fed does get dragged by The Bond Market Vigilantes into raising them anew.
—> That above is because THE MATH DOESN’T CHANGE.
I had to chuckle a bit ago when CNBC’s Sara Eisen was interviewing still-White House Economic Adviser (and especially shameless Trump sycophant on such things) Kevin Hassett on all this.
She asked him why–with GDP growth nearing 7% by some measures, near-record stock prices and the rest–rates need to be lowered at all.
Hassett’s bumbling, historically misleading and otherwise stunningly amatuerish answer–even for him–underscores his boss Icarus Trump’s desired game plan.
As I’ve described often, Trump wants to throw caution to the wind and run SUCH a hot economy and monetary policy — but one fueled as a first matter by even more, albeit cheaper (if he gets his way, which he won’t) debt and more market speculation — that the economy helps us grow our way out of the debt issues.
Indeed–before the president was being pilloried for the Warsh pick–he was properly being attacked from many quarters for his asinine statements on wanting to grow a housing bubble further (so much for “affordability” for all those Joe Sixpacks who voted for him, who Trump actually found a way to insult.)
His occasional faux populism aside, Trump truly doesn’t comprehend a world outside of massive debt and asset prices.
But the Math remains decidedly against him, even if he is too stupid to know it.
About the only good thing that might forestall even bigger bubbles (with a bigger bust to follow) is that a Chairman Warsh is no more likely to give Trump what he wants than Powell has been of late.
—> AND…that’s one of the reasons why, at least, Warsh is likely to have little trouble being confirmed by the Senate, BUT once the legal investigation into Powell has been done away with.
That part of the present equation isn’t changing: Sen. Thom Tillis (R-NC) has already reitereated after the Warsh announcement that NOBODY is getting confirmed until Trump drops his Administration’s case against Powell and that borderline religious “Fed Independence” (genuflect when you say that!)
—> Lastly for now, I’ve already fielded a few questions on whether we are finally going to have more than a very brief correction in the white hot metals run of recent days; one that (for more unique reasons I’m explaining in this weekend’s new issue for Members) has lately caused a bigger pop even for copper.
I’ll be discussing that in a lot more detail, too, in the coming days. But for now, the Warsh nomination news is as much or more an excuse for rather than an explanation of the (so far) sharp but one-day pullbacks again in the PM’s primarily.
That said, I am of a mind that we’re finally going to have more than the recent few brief pullbacks; not only for metals, but for the broad stock market as well. That doesn’t mean the long-term picture has changed: again, “The Math” is what it is!
But now is an especially good time, again, to do some portfolio rejiggering…”trade down the food chain” to the Tectonics of the world (many good ideas STILL out there as I’ll be reminding our Members!) etc.
All the best,
Chris Temple
Editor/Publisher
From the desk of Chris Temple — Friday, Jan. 30, 2026
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