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

When police officers shoot people under questionable circumstances, Dr. [William J.] Lewinski is often there to defend their actions. Among the most influential voices on the subject, he has testified in or consulted in nearly 200 cases over the last decade or so and has helped justify countless shootings around the country.His conclusions are consistent: The officer acted appropriately, even when...Read More

Former President Jimmy Carter spoke with the Thom Hartmann Program earlier this week about "political bribery" in the United States, saying it's created "a complete subversion of our political system as a payoff to major contributors."Carter was asked about Supreme Court cases like Citizens United, which he said has turned America into an "oligarchy.""It viol...Read More

Former President Jimmy Carter spoke with the Thom Hartmann Program earlier this week about "political bribery" in the United States, saying it's created "a complete subversion of our political system as a payoff to major contributors."Carter was asked about Supreme Court cases like Citizens United, which he said has turned America into an "oligarchy.""It viol...Read More

Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More

Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More

Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More

Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More

Cejay Kim August 5, 2015 Category: Research This cartoon, drawn by Keven Kallaugher (KAL) in 1989, was featured on cover of the Economist and it's surprising how relevant it remains.What we see is the classic case of 'herd instinct', or the mentality in which an individual lacks unique decision-making and simply acts in the same way as the majority around them. In finance, this means investors gra...Read More

Predictive policing, an unproven and controversial data-mining method intended to anticipate the location and participants or victims in future crimes, is now an integral part of the largest police department in the United States. During a recent panel, New York City Police Commissioner William Bratton declared that predictive policing "is the wave of the future," and that "the '...Read More

Predictive policing, an unproven and controversial data-mining method intended to anticipate the location and participants or victims in future crimes, is now an integral part of the largest police department in the United States. During a recent panel, New York City Police Commissioner William Bratton declared that predictive policing "is the wave of the future," and that "the '...Read More

Sam Wilkin is an economist and has been studying the very rich for most of his working life. And he's not talking about ordinarily loaded here… No, he's talking about 'a fortune of yachts and personal helicopters, of diamond-encrusted light fixtures, of stately homes and private islands, of your name emblazoned upon landmark buildings and a charitable foundation bravely tackling...Read More

Sam Wilkin is an economist and has been studying the very rich for most of his working life. And he's not talking about ordinarily loaded here… No, he's talking about 'a fortune of yachts and personal helicopters, of diamond-encrusted light fixtures, of stately homes and private islands, of your name emblazoned upon landmark buildings and a charitable foundation bravely tackling...Read More

Sandra Bland was pulled over for failing to signal while changing lanes. A lot of readers have watched the traffic stop which led to Bland's arrest for assaulting an officer. If you haven't, you should.The Bland video brings up an overlooked problem with the law of police-citizen encounters. The police can back up their orders with force because it's often a crime to disobey a lawful o...Read More

Sandra Bland was pulled over for failing to signal while changing lanes. A lot of readers have watched the traffic stop which led to Bland's arrest for assaulting an officer. If you haven't, you should.The Bland video brings up an overlooked problem with the law of police-citizen encounters. The police can back up their orders with force because it's often a crime to disobey a lawful o...Read More

In a patent application filed today, Apple proposes a new e-commerce system that uses a mobile phone to deliver targeted ads to users based on what they can actually afford…Broken down simply, the system sits on your phone, tracks the status of your credit or debit cards, sees what the balance on them is, and then targets ads at you based on what you can actually afford. This is a genuinely...Read More

In a patent application filed today, Apple proposes a new e-commerce system that uses a mobile phone to deliver targeted ads to users based on what they can actually afford…Broken down simply, the system sits on your phone, tracks the status of your credit or debit cards, sees what the balance on them is, and then targets ads at you based on what you can actually afford. This is a genuinely...Read More

The great 20th-century conservative economist Joseph Schumpeter thought the left had overlooked a major selling point in pressing the case for public — i.e., government — control over productive capital. "One of the most significant titles to superiority," he suggested, was that public ownership produced profits, which means not having to depend on taxes to raise money.The bu...Read More

The great 20th-century conservative economist Joseph Schumpeter thought the left had overlooked a major selling point in pressing the case for public — i.e., government — control over productive capital. "One of the most significant titles to superiority," he suggested, was that public ownership produced profits, which means not having to depend on taxes to raise money.The bu...Read More

The Jeep's strange behavior wasn't entirely unexpected. I'd come to St. Louis to be Miller and Valasek's digital crash-test dummy, a willing subject on whom they could test the car-hacking research they'd been doing over the past year. The result of their work was a hacking technique—what the security industry calls a zero-day exploit—that can target Jeep Cherokees...Read More

The Jeep's strange behavior wasn't entirely unexpected. I'd come to St. Louis to be Miller and Valasek's digital crash-test dummy, a willing subject on whom they could test the car-hacking research they'd been doing over the past year. The result of their work was a hacking technique—what the security industry calls a zero-day exploit—that can target Jeep Cherokees...Read More