My latest essay, The Inferiority Behind Immigrant Superiority, examines the insecurity, mimicry, and status anxiety often hidden behind exaggerated immigrant displays of superiority, identity, and cultural pride. What is often presented as confidence may instead be compensation. What looks like cultural pride may be the costume worn by an unresolved sense of inferiority.
The essay looks at the brittle posturing that emerges when people absorb the outward forms of Western life without internalizing the moral and cultural habits that made that life possible. The result is neither rootedness nor honest assimilation, but a performance: grievance, mimicry, status anxiety, and theatrical claims of superiority in place of genuine self-improvement.
Read the full essay at Counter-Currents →
On Investments
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- Allied Gold, listed as AAUC, is being acquired by Zijin Gold International in an all-cash transaction at C$44 per share. The deal has become riskier because the closing has been delayed and the outside date has been extended to July 29, 2026. That is precisely why the spread exists. I have a limit buy order around C$31.95. At that level, I find the risk-reward attractive. Even if the acquisition fails, I see limited downside because Allied remains a real gold producer with meaningful assets. If the deal succeeds, the upside is clear. This is not risk-free, but to me it looks like a low-risk, high-reward situation.
- Irving Resources, listed as IRV, recently announced what may be an important discovery at its Omu Sinter project in Japan. The company reported feeder-style mineralization, including 47.7 metres grading 0.98 g/t gold and 68.96 g/t silver, or 2.06 g/t gold-equivalent. More important than the headline grade is the interpretation: Irving believes it may have discovered the feeder system. In epithermal systems, that can matter enormously because the better mineralization is often found at depth. I have a limit buy order around C$0.35.
- Aztec Minerals, listed as AZT, is moving toward maiden mineral resource estimates for both Tombstone in Arizona and Cervantes in Mexico. Tombstone is expected to be based on more than 25,000 metres of drilling across more than 130 holes, with the maiden resource expected to indicate open-pittable, leachable oxide gold-silver resources. Cervantes should provide a baseline resource from which the company can grow, with mineralization still open in all directions. I have a limit buy order around C$0.22.
- Cygnus Metals, listed as CYG on the TSX Venture Exchange and CY5 on the ASX, remains an interesting arbitrage situation. Central Asia Metals has agreed to acquire Cygnus, with Cygnus shareholders to receive 0.06 CAML shares for each Cygnus share held. The attraction is that the transaction would give Cygnus shareholders exposure to a producing base-metals company while converting a small, illiquid exploration/development company into shares of a larger, cash-flowing producer. I have a limit buy order around C$0.115.
- West Point Gold, listed as WPG, has continued to produce strong drill results at its Gold Chain Project in Arizona. Recent results from the NE Tyro Zone included 66.2 metres grading 6.57 g/t gold, including 20.7 metres grading 18.25 g/t gold. I have a limit buy order around C$1.44.
Registration is now open for Capitalism & Morality 2026, to be held in Vancouver on 18–19 September 2026. Early registration is available until 30 July. See the full program and register here.
Jayant Bhandari
Disclosure and disclaimer: These are my personal observations, not investment advice. I may own, buy, or sell securities mentioned. Please do your own due diligence. [Full disclaimer →]