The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
New Hampshire is in an abusive relationship, according to Carla Gericke, the President of Foundation for New Hampshire Independence. Uncle Sam won’t let New Hampshire leave; he arrests the citizens for victimless crimes, he overrides the legislature for policy and regulation, and he takes her money.The state is a net payer of federal taxes, meaning they pay more federal taxes than they get b...Read More
New Hampshire is in an abusive relationship, according to Carla Gericke, the President of Foundation for New Hampshire Independence. Uncle Sam won’t let New Hampshire leave; he arrests the citizens for victimless crimes, he overrides the legislature for policy and regulation, and he takes her money.The state is a net payer of federal taxes, meaning they pay more federal taxes than they get b...Read More
Can you count how many ways the government manipulates people to be the type of citizen they can easily control?I think that would be impossible to come up with an actual number when every facet of government is dedicated to shaping the citizen in ways contrary to his or her nature.It ranges from tax credits for having kids to increased welfare for being a single mom; from subsidies for growing co...Read More
Can you count how many ways the government manipulates people to be the type of citizen they can easily control?I think that would be impossible to come up with an actual number when every facet of government is dedicated to shaping the citizen in ways contrary to his or her nature.It ranges from tax credits for having kids to increased welfare for being a single mom; from subsidies for growing co...Read More
Canada's Goldcorp (TSX:G) (NYSE:GG) the world's number four bullion miner in terms of output, is selling its Camino Rojo gold and silver project in Mexico to Orla Mining (TSX-V:OLA), adding to the list of operations it has been unloading in recent months to focus on highly profitable, core assets.As part of the deal, the Vancouver-based gold producer will receive 19.9% of the outstanding common sh...Read More
How many successful people can there be? It seems like, after every article you read these days, the author bio talks about a book they have written, an invention they created, a prestigious award or some other indicator of great success. Yet I’ve never really heard of most of them.I used to get pings of jealousy when I would see descriptions like that of successful people; it almost felt li...Read More
How many successful people can there be? It seems like, after every article you read these days, the author bio talks about a book they have written, an invention they created, a prestigious award or some other indicator of great success. Yet I’ve never really heard of most of them.I used to get pings of jealousy when I would see descriptions like that of successful people; it almost felt li...Read More
The leviathan created by the modern welfare state is one of the gravest threats facing the American republican system. Dangers levied by the continued use of the government's dole come both fiscally and socially. Fixes being floated from Congress to community organizations still lack a cohesive focus on reform in the mainstream public discourse.The federal welfare apparatus has bloomed into a disa...Read More
The leviathan created by the modern welfare state is one of the gravest threats facing the American republican system. Dangers levied by the continued use of the government's dole come both fiscally and socially. Fixes being floated from Congress to community organizations still lack a cohesive focus on reform in the mainstream public discourse.The federal welfare apparatus has bloomed into a disa...Read More
What if everyone declared bankruptcy, would that solve all financial woes? Or rather, would it be the ultimate debt bubble burst? Bankruptcy is a “solution” that would become disastrous if everyone were to use it. So can it truly be considered a solution at all? It just shifts the financial burden to someone else.Most people just don’t care though, because usually, it is the bi...Read More
What if everyone declared bankruptcy, would that solve all financial woes? Or rather, would it be the ultimate debt bubble burst? Bankruptcy is a “solution” that would become disastrous if everyone were to use it. So can it truly be considered a solution at all? It just shifts the financial burden to someone else.Most people just don’t care though, because usually, it is the bi...Read More
That’s what this world needs: skills. Raw resources are useless without the skill to properly apply them.There are skills for financial gain, skills for personal gain, and skills for a backup plan. Most of them overlap; something once a hobby can become a career, for instance becoming a tennis instructor. Or a skill that is a “backup plan” can become the bread and butter in an em...Read More
That’s what this world needs: skills. Raw resources are useless without the skill to properly apply them.There are skills for financial gain, skills for personal gain, and skills for a backup plan. Most of them overlap; something once a hobby can become a career, for instance becoming a tennis instructor. Or a skill that is a “backup plan” can become the bread and butter in an em...Read More
I would take one properly trained officer over 10 thugs any day. Yet while departments across the country are facing police shortages, the only thing they can think to do is cut the standards for hiring.But with killings by officers forcing a public reckoning over whether the police deserve to be seen automatically as the good guys, departments in major cities are struggling to fill thousands of o...Read More
I would take one properly trained officer over 10 thugs any day. Yet while departments across the country are facing police shortages, the only thing they can think to do is cut the standards for hiring.But with killings by officers forcing a public reckoning over whether the police deserve to be seen automatically as the good guys, departments in major cities are struggling to fill thousands of o...Read More
Why does it seem like the one time you want the government to do something, they aren’t interested?Supposedly, the EPA exists in part to protect public health. So you might think they would want to get harmful chemicals out of the drinking supply, or at very least, prevent them from being added.Yet despite mountains of evidence that fluoride is not only ineffective at preventing tooth decay...Read More
Why does it seem like the one time you want the government to do something, they aren’t interested?Supposedly, the EPA exists in part to protect public health. So you might think they would want to get harmful chemicals out of the drinking supply, or at very least, prevent them from being added.Yet despite mountains of evidence that fluoride is not only ineffective at preventing tooth decay...Read More
Palisade Research June 13, 2017 Category: Research Mining hall of famer, Pierre Lassonde, revolutionized the mining industry with the creation of Franco-Nevada, the first gold royalty company. Its initial transaction was in 1986, the $2 M royalty purchase on Barrick's Goldstrike, which consequently became North America's largest gold mine.Franco-Nevada's portfolio of royalties now collects over 46...Read More
Ideally, America would stop giving out all foreign aid, but a good place to start would be nixing aid to countries with horrible human rights records.For instance, Pakistan just sentenced a man to death for blasphemy. It is far from the first time someone has been sentenced to death for blasphemy, but it is the first time a death sentence has been handed down for blasphemy on social media. The 30-...Read More
Ideally, America would stop giving out all foreign aid, but a good place to start would be nixing aid to countries with horrible human rights records.For instance, Pakistan just sentenced a man to death for blasphemy. It is far from the first time someone has been sentenced to death for blasphemy, but it is the first time a death sentence has been handed down for blasphemy on social media. The 30-...Read More