👉 *Click Here to Subscribe:* https://www.youtube.com/@RockLincPartnersHost Marc Patrone welcomes Rocklinc’s CEO and president, Jonathan Wellum, and they discuss how chasing trends can lead to poor timing, citing Canada’s 2022 real estate surge and a personal example of selling gold and silver before a sharp rise. They examine SpaceX’s lofty valuation relative to revenue, the risks of both chasing and shorting Elon Musk-related stocks, and current market moves led by an on-again AI trade, semiconductors, and hyperscaler spending. Wellum advises staying anchored to an investment thesis, being price-sensitive, and seeking businesses that benefit indirectly from AI, while noting uncertainty around future demand and margins.Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/📖 *Chapters*⏰00:00 RKLC ETF: https://rocklinc.com/etf/00:55 Meet Rocklinc Team01:15 Why Trend Chasing Fails02:00 Real Estate FOMO Lesson02:38 Gold Selloff Mistake03:27 SpaceX Valuation Warning05:26 Don’t Short Musk06:12 Today’s Market Surge07:04 AI Trade Explained09:37 Investing Around AI10:36 AI Margins Uncertain11:25 How To Contact Rocklinc11:59 Closing Thanks===========================Connect with us! =============================Get a free portfolio review with Jonathan Wellum and the team at Rocklinc, visit: https://bit.ly/4anVNzdGet To Know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/ https://youtu.be/e34BGJZlqDA?si=i2I7gqZlkyj83sbB*Learn more about Rocklinc: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_P or visit our website: ⁠https://www.rocklinc.com*Follow us on social media:*⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 X: https://x.com/RocklincIP⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.facebook.com/rocklinc⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.linkedin.com/company/19148766/admin/dashboard/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠👉 YouTube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: https://www.youtube.com/channel/UCvEh2n3BPa69TBsnVD1J1JQWant help achieving your financial goals? Contact us!: ✉️ [email protected], or 📞 call us 905.631.5462.🔗 rocklinc.com===========================Subscribe and Listen to the Worth Investing Podcast HERE:📱 ===========================➡︎ YT: ‪@RockLincPartners https://www.youtube.com/playlist?list=PLjbJS8-FZgaH4MJzgk5oC8AmmvbwO48ay➡︎ Spotify: https://open.spotify.com/show/7jvdMbs6xJImhFphSyCIAE?si=258d98dbb7224257*Disclaimer:* Please see rocklinc.com for further information. This content is for informational purposes only.Copyright © 2026 ROCKLINC Investment Partners Inc. All rights reserved.#WorthInvesting #Rocklinc #ValueInvesting #PrincipledInvesting #CanadianEconomy #JonathanWellum #MarcPatroneShow #RKLC

SpaceX IPO Buzz, Canadian Jobs & Investment, and the West's "Empathy" Problem

Jonathan Wellum, President & CEO of Rocklinc Investment Partners, joins Marc Patrone on News Talk Sauga 960 AM for a wide-ranging conversation covering the biggest stories in markets and Canadian economic policy.

On the SpaceX IPO: Jonathan breaks down the speculation around combining SpaceX and Tesla, why Tesla's valuation is driven by robotics and autonomous driving, and how Starlink has become the backbone of SpaceX's revenue. He also explores ideas like space-based data centers and Elon Web Services — and delivers a clear-eyed warning to investors: high pricing, IPO hype, and volatility are coming. Patience and dollar-cost averaging are the play.

On the Canadian economy: May's 88,000-job gain looks good on the surface — but the longer-term picture tells a different story. Private-sector weakness, declining manufacturing, and a growing capital investment gap versus the United States are quietly eroding Canada's productivity and competitiveness. Jonathan explains why capital has been leaving Canada and what it will take to bring it back.

On the West's "empathy" problem: the conversation closes with a frank discussion of immigration, values, and whether the principles that built Western prosperity are being protected or quietly abandoned.

Get a free portfolio review with Jonathan Wellum and the Rocklinc team:https://bit.ly/4anVNzd

Rocklinc Principled Equity ETF (TSX: RKLC):https://rocklinc.com/etf

Learn more about Rocklinc:https://www.rocklinc.com

Connect with Rocklinc:Spotify: https://open.spotify.com/show/7jvdMbs6xJImhFphSyCIAEYouTube: https://www.youtube.com/@RockLincPartnersX: https://x.com/RocklincIPFacebook: https://www.facebook.com/rocklincLinkedIn: https://www.linkedin.com/company/rocklinc-investment-partners

📞 905.631.5462 | ✉️ [email protected]

This content is for informational purposes only. Please see rocklinc.com for further information.

Copyright © 2026 ROCKLINC Investment Partners Inc. All rights reserved.

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Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/

📖 Chapters⏰00:00 RKLC ETF: https://rocklinc.com/etf/00:49

Show Returns and Theme01:49 Asylum Housing Funding Debate02:31 Government Duty and Morality03:54 Immigration and Voter Incentives05:37 Wealth Redistribution Critique06:40 Is Canada in a Recession?08:47 Investment Flight and Productivity11:28 CBC Recession Clip Reaction14:06 Business Confidence and Wrap Up

Rocklinc CEO Jonathan Wellum joins Marc Patrone on News Talk Sauga 960 (June 1, 2026) for a sharp final-segment conversation on three issues converging on the Canadian middle class. They open with the federal government's willingness to spend public dollars on housing for asylum claimants while Canadians face a housing crisis of their own — Jonathan calls it immoral and an abdication of the state's core duty to protect its own citizens. The conversation widens into the broader pattern of redistributive policy that hammers seniors and long-time taxpayers while creating new dependency-based voting blocs.

Then the central question: Is Canada in recession? CBC says "technical" — Jonathan says the data is unambiguous. Two consecutive quarters of negative GDP growth. Real per-capita growth under 0.6% per year over the last decade once you adjust for population and honest inflation. Business investment in machinery, equipment, and IP has fallen below 2015 levels as a share of the economy. Capital per worker is declining. And the RBC report stands — over $1 trillion in net investment outflow over the last 10 years, with $2 leaving for every $1 invested. Jonathan unpacks what's actually broken in Ottawa's economic playbook, why the gap between Canada and the U.S. on GDP per capita keeps widening, and what it will take to rebuild business confidence in this country.

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• Who We Are   or visit our website: https://www.rocklinc.com#WorthInvesting #Rocklinc

#ValueInvesting #PrincipledInvesting #CanadianEconomy #Recession #CapitalFlight #JonathanWellum #MarcPatroneShow #RKLC

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*👉 *WATCH MORE Worth Investing:* https://www.youtube.com/playlist?list=PLjbJS8-FZgaH4MJzgk5oC8AmmvbwO48ayCanada's housing market is in shambles.Marc Patrone speaks with Jonathan Wellum, CEO of Rocklinc Investment Partners, about real estate as an investment amid falling home values, rising property taxes, weak economic growth, inflation near 3%, and increasing unemployment. Wellum argues many municipalities have uncontrolled spending, pushing taxes higher even as prices fall, and says rising bond yields are lifting interest rates and straining highly leveraged homeowners as mortgages renew, potentially driving another 10–20% price decline in vulnerable areas. He advises buyers to be patient and sellers to price realistically. They also discuss corporate homebuyers gaining tax advantages that can outbid individuals, efforts to limit large corporate purchases, and why investors like Charlie Munger and Warren Buffett favor compounding in stocks over housing while still valuing disciplined, balanced homeownership.

▶️📂 MORE INSIDE THE PORTFOLIO: https://www.youtube.com/playlist?list=PLjbJS8-FZgaFmPWIOxRLZwv1eWKqh6xYW

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Episode Details:

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Power Metallic Mines CEO Terry Lynch on the Lion Zone Discovery, Quebec Advantage & Key Catalysts Ahead:Jonathan Wellum of Rocklinc Investment Partners interviews Terry Lynch, CEO of Power Metallic Mines (TSXV:PNPN or PNPN.V), about the company’s evolution from Power Nickel to a rare orthomagmatic polymetallic discovery at the Niisk project in Quebec, shifting focus to the high-grade Lion Zone. Lynch explains what polymetallic deposits are, compares them to major global examples, and highlights strong drill intercepts and exceptional metallurgical recoveries (including ~98.9% copper and ~95% across products). They discuss accelerating a mineral resource estimate to Q3 (late July), a PEA targeted by year-end, expanding the land package from 46 to 330 sq. km, and using muon tomography with IDN Technologies to guide exploration. Additional topics include Quebec’s favorable infrastructure and incentives, future financing needs, a potential Nasdaq listing in Q3, key shareholders’ continued buying, and optional upside from Chile and Saudi Arabia assets.

📖 *Chapters* ⏰00:00 Series Intro and Guest01:05 Why Power Metallic03:10 Company Origins04:51 Jackpot Lion Zone06:15 What Polymetallic Means09:19 High Grade Economics11:42 MRE and Market Re-rate13:17 Metallurgy Breakthrough16:27 District Scale Land Grab21:03 Muon Tomography Tech24:19 Funding and Nasdaq Plan26:44 Insider and Strategic Holders29:02 Macro Metals Demand32:23 Why Quebec Works34:42 Chile and Saudi Upside38:30 Next 12 Months Catalysts39:38 Closing, Thanks, and Outlook

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*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/*Learn more about ROCKLINC: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_POr visit our website: https://www.rocklinc.comGet a free portfolio review with Jonathan Wellum and the ROCKLINC team: https://bit.ly/4anVNzdGet to know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g*Follow us on social media:*

👉 X: https://x.com/RocklincIP👉 Facebook: https://www.facebook.com/rocklinc👉 LinkedIn: https://www.linkedin.com/company/rocklinc-investment-partners-inc-👉 YouTube: https://www.youtube.com/@RockLincPartnersWant help achieving your financial goals? Contact us:✉️ [email protected]📞 905.631.5462#ROCKLINC #PrincipledInvesting #RKLC #HardAssets #Gold #GoldRoyalty #GROY #GoldInvesting #PreciousMetals #RoyaltyCompanies*Disclaimer: The views expressed are those of ROCKLINC Investment Partners Inc. as of the date of recording and are subject to change. This material is for information only and is not investment, legal, or tax advice. ROCKLINC and/or its funds, including RKLC, may hold positions in any security discussed and currently held.*

On The Marc Patrone Radio Program on News Talk Sauga 960, Marc speaks with Jonathan Wellum, CEO of Rocklinc Investment Partners, about markets holding near record highs as investors watch rising Iran-related tensions and higher oil prices tied to Strait of Hormuz risks. They discuss President Trump’s comments about shifting oil traffic away from Hormuz toward Texas, and how US energy independence and alternative routes reduce Middle East leverage, potentially reshaping geopolitics while boosting interest in uranium and nuclear power. The conversation also covers US trade representative Jamieson Greer’s claims of multiple trade deals and rising US exports, contrasted with an RBC report citing significant capital outflows from Canada, which Wellum attributes to poor policy, constrained resource development, and weakening economic conditions. Wellum directs listeners to rocklinc.com and [email protected].

📖 *Chapters* ⏰00:00 Show Intro and Sponsor01:32 Markets on Iran Tensions02:40 Oil Surge and Resilient Indexes03:40 Trump on Hormuz Shift05:35 Energy Independence and Nuclear06:51 Canada’s Resource Bottlenecks07:15 Trade Deals and Tariffs08:19 Canada Capital Flight Warning10:42 Rocklinc Contact and Wrap

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*Disclaimer:* Please see rocklinc.com for further information. This content is for informational purposes only.

Copyright © 2026 ROCKLINC Investment Partners Inc. All rights reserved.

#rocklinc #rklc #oil #hormuz #economics #markcarney #donaldtrump #canada #usa

Rocklinc’s Jonathan Wellum on Carney’s “Sovereign Wealth” Fund, Capital Flight, and Rogers Layoffs

Host Marc Patrone welcomes Rocklinc President and CEO Jonathan Wellum on his show, where they criticize Mark Carney’s proposed $25B “sovereign wealth” fund, arguing it is debt-funded, bureaucratic, prone to government picking winners and losers, and unlike Norway’s wealth fund.

Canada should instead cut taxes, restrain spending, repay debt, and streamline regulations to restore predictability and attract private capital after significant capital flight and foregone projects.

They also discuss reports that Rogers is offering buyouts to about half its workforce, attributing pressures to technology, competition (including satellite players), and fragmented media, and note that Rocklinc avoids telecom/media investments.

📖 **Chapters** ⏰

00:00 Rocklinc ETF AD: https://www.youtube.com/watch?v=e34BGJZlqDA

01:05 Host Intro and Anniversary

02:13 Carney Debt Fund Breakdown

05:05 Why It’s Not Norway

05:54 Cronyism and Market Distortions

10:23 Leveling the Resource Playing Field

11:58 Rogers Buyouts and Telecom Shakeup

15:14 Regulation, Competition, and AI Pressure

16:40 Rocklinc Contact and Wrap Up

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*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/*Learn more about ROCKLINC: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_P

Or visit our website: https://www.rocklinc.com

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Get to know Jonathan Wellum: https://youtu.be/ezMiX0FtZ7g

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*Disclaimer: The views expressed are those of ROCKLINC Investment Partners Inc. as of the date of recording and are subject to change. This material is for information only and is not investment, legal, or tax advice. ROCKLINC and/or its funds, including RKLC, may hold positions in any security discussed. Past performance is not indicative of future returns.

Canada's economic situation is bleak. As a nation, we seem more interested in redistributing a shrinking pie than growing ours. No surprise we have chased over $1 trillion in capital out of the country.

You cannot grow productivity without investment. You cannot grow GDP without investment. And you cannot attract investment with high taxes, slow permitting, and a government that slow-walks every resource project it touches.

Jonathan Wellum, CEO and CIO of Rocklinc Investment Partners, joins Marc Patrone on NewsTalk Sauga 960 to break down the numbers behind Canada's fiscal imbalance — and what it means for your portfolio.

In this episode:

(00:00) Rocklinc ETF Ad(00:53) Market Rebound Outlook(01:47) Valuations and Volatility Tips(04:06) War Risk and Market Mood(05:01) Ontario Becomes a Have-Not Province(06:18) Equalization Numbers Shock — $200B over 10 years, $100B+ to Quebec(09:12) If Alberta Leaves Canada — What Happens to the Dollar?(10:54) Protecting Your Portfolio From Canadian Concentration Risk(12:30) Capital Flight, Productivity, and the $1 Trillion Exit(16:03) Ontario and Trade Deal Risks — CUSMA, Auto Sector, Toyota(17:07) The Multiplier Effect of Losing Private Sector Jobs(18:33) How to Reach Rocklinc

Key numbers discussed:

• $200 billion in equalization payments over the last 10 years
• Over $100 billion to Quebec alone
• Alberta net negative $244 billion over 15 years
• Canada has chased $1 trillion+ in capital out of the country (RBC)
• Equalization payments now running at $25 billion per year

Learn more about Rocklinc Investment Partners: rocklinc.comROCKLINC Principled Equity ETF (TSX: RKLC): rocklinc.com/etfFree portfolio review: bit.ly/4anVNzdEmail: [email protected]Phone: 905.631.5462

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Jonathan Wellum, CEO and President of Rocklinc, joins us to discuss the latest Iran news and its impact on the economy. We examine the significant financial implications, particularly concerning oil prices and rising borrowing costs. This discussion is essential for anyone interested in investing and understanding global geopolitics.

📖 Chapters⏰00:00 Rocklinc ETF AD: https://rocklinc.com/etf/

00:00 Final Segment Kickoff

00:20 Iran Tensions Hit Markets

01:08 Investing Through Volatility

03:08 Don’t Chase Oil Spikes04:18 Uranium and Nuclear Upside

05:14 Canada Forecast Downgrade

06:27 Ontario Debt Warning

07:51 Industrial Carbon Tax Surge

10:00 Media Narrative and Blame

11:19 US Growth Versus Canada

13:01 Government Bloat and Brain Drain

14:10 Immigration and Policy Critique

15:02 Rocklinc Contact and Wrap

*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/ https://youtu.be/e34BGJZlqDA?si=i2I7gqZlkyj83sbB*

*Learn more about Rocklinc:* https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_P or visit our website: ⁠https://www.rocklinc.com===========================

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Mark welcomes Jonathan Wellum, president and CEO of Rocklinc Investment Partners, to discuss recent market volatility tied to rising oil prices and conflict in Iran, before turning to Ontario politics and finances. Reacting to a Doug Ford clip and the latest provincial budget, Jonathan argues that Ontario has shifted from past prosperity to soaring debt approaching $500B and a roughly 40% debt-to-GDP ratio, blaming decades of governments and criticizing Ford for continuing large deficits, meddling in the economy, and backing failed battery investments. They say healthcare and education consume most of the spending yet remain dysfunctional, warn that rising interest costs will squeeze living standards, and compare Ontario’s lagging GDP performance to New York State and Alabama. The conversation also critiques Avi Lewis’s call to tax corporations and billionaires, arguing that such ideas would drive capital away.

*Please visit https://www.rocklinc.com for the latest prospectus, Fund Facts, and other information on the ROCKLINC Principled Equity ETF: https://rocklinc.com/etf/ https://youtu.be/e34BGJZlqDA?si=i2I7gqZlkyj83sbB*

Learn more about Rocklinc: https://www.youtube.com/playlist?list=PLjbJS8-FZgaExMwLylSU6IOMMaSkT0y_P or visit our website: ⁠https://www.rocklinc.com

📖 *Chapters*⏰00:00 Rocklinc ETF AD: https://rocklinc.com/etf/00:50 Doug Ford is a Joke01:40 Ontario Debt Explosion04:20 Ford Not Conservative05:06 Education and Healthcare Failures06:49 Debt Interest and GDP Gap08:20 Why Ford Keeps Spending13:06 Avi Lewis Tax the Rich14:58 Capital Flight and Grocery Reality17:09 Rocklinc Contact and Wrap

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