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

If you value privacy and want to encrypt your cellphone to keep hackers and other snoops from rifling through your personal business then you are aiding terrorists. At least that's what the top prosecutor in New York City said recently when discussing new encryption software released by Apple and Googlethat is specifically for the operating systems on cellphones.Manhattan District Attorney Cyr...Read More

Senate Republicans have launched the opening salvo in a battle over government surveillance powers, introducing a bill to preserve intact the National Security Agency's authority to store and search domestic telephone records…Legal authority for the program, contained in Section 215 of the Patriot Act, is set to expire June 1. That has set off a race between lawmakers who want to preserv...Read More

If you value privacy and want to encrypt your cellphone to keep hackers and other snoops from rifling through your personal business then you are aiding terrorists. At least that's what the top prosecutor in New York City said recently when discussing new encryption software released by Apple and Googlethat is specifically for the operating systems on cellphones.Manhattan District Attorney Cyr...Read More

BEIJING – When Li Nanyang flew here from Hong Kong two years ago, she brought something eagerly anticipated by many Chinese historians and thinkers: several dozen copies of her father's memoir. In it, Li Rui, a 98-year-old retired Communist Party official, offered an unvarnished, insider's account of his experiences in the leadership.But as Ms. Li passed through customs at the airpor...Read More

BEIJING – When Li Nanyang flew here from Hong Kong two years ago, she brought something eagerly anticipated by many Chinese historians and thinkers: several dozen copies of her father's memoir. In it, Li Rui, a 98-year-old retired Communist Party official, offered an unvarnished, insider's account of his experiences in the leadership.But as Ms. Li passed through customs at the airpor...Read More

It's official: John Deere and General Motors want to eviscerate the notion of ownership. Sure, we pay for their vehicles. But we don't own them. Not according to their corporate lawyers, anyway.In a particularly spectacular display of corporate delusion, John Deere—the world's largest agricultural machinery maker —told the Copyright Office that farmers don't own their t...Read More

It's official: John Deere and General Motors want to eviscerate the notion of ownership. Sure, we pay for their vehicles. But we don't own them. Not according to their corporate lawyers, anyway.In a particularly spectacular display of corporate delusion, John Deere—the world's largest agricultural machinery maker —told the Copyright Office that farmers don't own their t...Read More

The Obama administration's top drug enforcement official will step down next month, Attorney General Eric H. Holder Jr. announced on Tuesday, after her agency was tarnished by a scandal over sex parties with prostitutes and she broke with President Obama on drug policy.Michele M. Leonhart, the administrator of the Drug Enforcement Administration, told Mr. Holder that she intended to retire, en...Read More

A mother who uses medical marijuana to treat a chronic illness had her son taken from her recently after the child spoke up at his school about the health benefits of cannabis.On April 13, respected investigative journalist Ben Swann broke the heartbreaking story of Shona Banda,whose son was taken from her by Kansas Child Protective Services in late March after the 11-year-old boy spoke positively...Read More

The Obama administration's top drug enforcement official will step down next month, Attorney General Eric H. Holder Jr. announced on Tuesday, after her agency was tarnished by a scandal over sex parties with prostitutes and she broke with President Obama on drug policy.Michele M. Leonhart, the administrator of the Drug Enforcement Administration, told Mr. Holder that she intended to retire, en...Read More

A mother who uses medical marijuana to treat a chronic illness had her son taken from her recently after the child spoke up at his school about the health benefits of cannabis.On April 13, respected investigative journalist Ben Swann broke the heartbreaking story of Shona Banda,whose son was taken from her by Kansas Child Protective Services in late March after the 11-year-old boy spoke positively...Read More

[Citigroup Chief Economist Willem] Buiter's solution to cash's ability to allow people to avoid negative deposit rates is to abolish cash altogether. – Bloomberg Business, April 10, 2015Fractional reserve bankers love money. They don't love cash, in part because it reduces their ability to pyramid loan on top of loan and create new money from which they can extract interest. They...Read More

[Citigroup Chief Economist Willem] Buiter's solution to cash's ability to allow people to avoid negative deposit rates is to abolish cash altogether. – Bloomberg Business, April 10, 2015Fractional reserve bankers love money. They don't love cash, in part because it reduces their ability to pyramid loan on top of loan and create new money from which they can extract interest. They...Read More

When Justin Dammann enters his southwestern Iowa cornfield this month, the 35-year-old farmer will sow something these 2,400 acres have not seen in more than a decade — plants grown without genetically modified seeds.The corn, which will head to a processor 20 miles down the road this fall, will likely make its way into tortilla shells, corn chips and other consumable products made by compan...Read More

When Justin Dammann enters his southwestern Iowa cornfield this month, the 35-year-old farmer will sow something these 2,400 acres have not seen in more than a decade — plants grown without genetically modified seeds.The corn, which will head to a processor 20 miles down the road this fall, will likely make its way into tortilla shells, corn chips and other consumable products made by compan...Read More

In the last minutes of the video, Harris lies on the pavement with police on top of him. An officer calls for a Taser, but in place of an electric clicking sound, a gunshot rings out.A voice can be heard saying, "Oh! I shot him! I'm sorry!" Another officer screams out, "He shot him! He shot him!"Harris, who is bleeding, calls out, too. He's losing his breath, he says. A...Read More

In the last minutes of the video, Harris lies on the pavement with police on top of him. An officer calls for a Taser, but in place of an electric clicking sound, a gunshot rings out.A voice can be heard saying, "Oh! I shot him! I'm sorry!" Another officer screams out, "He shot him! He shot him!"Harris, who is bleeding, calls out, too. He's losing his breath, he says. A...Read More

The TPP covers a bewildering range of topics. In addition to conventional trade issues like tariff rates, it includes language on labor rights, environmental laws, copyright and patent protections, e-commerce, state-owned enterprises, corruption, and government procurement.Trade deals like the TPP have grown so complex because the global trade community has figured out how to solve a problem that...Read More

Parents around the United States are rallying in support of the mother and father of the so-called "free-range" kids, the ten-year-old and six-year-old brother and sister who were dragged into the national spotlight this year due to the harassment the family has endured at the hands of government officials for the crime of allowing their kids to freely wander the community without adult...Read More

The TPP covers a bewildering range of topics. In addition to conventional trade issues like tariff rates, it includes language on labor rights, environmental laws, copyright and patent protections, e-commerce, state-owned enterprises, corruption, and government procurement.Trade deals like the TPP have grown so complex because the global trade community has figured out how to solve a problem that...Read More