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

Fighting for the future of conservativism … Establishment Republicans have been delighted by the victory of Thom Tillis, their favored candidate in last week's North Carolina primary. After expensive advertising campaigns by establishment bagmen like the U.S. Chamber of Commerce and Karl Rove's American Crossroads, mainstream conservatives believe they have a candidate who can beat D...Read More

How Monica Lewinsky Changed the Media … Monica Lewinsky's 'Vanity Fair' article reluctantly plunges us straight back into the frothing world of '90s gossip. It may be painful but it answers so many questions about today's media. The Monica Lewinsky confessional in Vanity Fair brings back a torrent of unfond memories of the appalling cast of tabloid gargoyles who drove the...Read More

Fighting for the future of conservativism … Establishment Republicans have been delighted by the victory of Thom Tillis, their favored candidate in last week's North Carolina primary. After expensive advertising campaigns by establishment bagmen like the U.S. Chamber of Commerce and Karl Rove's American Crossroads, mainstream conservatives believe they have a candidate who can beat D...Read More

How Monica Lewinsky Changed the Media … Monica Lewinsky's 'Vanity Fair' article reluctantly plunges us straight back into the frothing world of '90s gossip. It may be painful but it answers so many questions about today's media. The Monica Lewinsky confessional in Vanity Fair brings back a torrent of unfond memories of the appalling cast of tabloid gargoyles who drove the...Read More

No reason for these stock market jitters … "Sell in May and go away." This stock market adage has served investors well four years in a row. Every year since 2010, stock markets around the world have suffered significant corrections between a high reached in May and a low in the summer or early autumn: by 15 percent in 2010, 19 percent in 2011, 9 percent in 2012 and 5 percent in 20...Read More

Don't worry, Scotland is not going to vote for independence. That is what people opposed to the idea have tended to think until now. But the Yes campaign has gained ground lately, winning hearts and minds. How is it doing that? What will happen next? And will it be enough to deliver a victory that breaks up the union? – UK TelegraphDominant Social Theme: What will happen next? Will Scotl...Read More

No reason for these stock market jitters … "Sell in May and go away." This stock market adage has served investors well four years in a row. Every year since 2010, stock markets around the world have suffered significant corrections between a high reached in May and a low in the summer or early autumn: by 15 percent in 2010, 19 percent in 2011, 9 percent in 2012 and 5 percent in 20...Read More

Don't worry, Scotland is not going to vote for independence. That is what people opposed to the idea have tended to think until now. But the Yes campaign has gained ground lately, winning hearts and minds. How is it doing that? What will happen next? And will it be enough to deliver a victory that breaks up the union? – UK TelegraphDominant Social Theme: What will happen next? Will Scotl...Read More

Fed Chair Unsure If Capitalism or Oligarchy Describes the U.S. … "Are we still a capitalist democracy or have we gone over into an oligarchic form of society in which incredible economic and political power now rests with the billionaire class?" Sen. Bernie Sanders, a Vermont socialist, asked that question of Federal Reserve Chair Janet Yellen at a hearing on Capitol Hill Wednesday...Read More

Uruguay Legalizes Pot, Stumbles … Uruguay's decision last year to legalize marijuana was sold to the country's citizens as a way to defeat the criminal gangs responsible for almost all of the 22 tons of pot that are grown or smuggled into the country every year. The trouble is that the latest rules, as designed, suggest that the country may end up undermining the law's intended g...Read More

Fed Chair Unsure If Capitalism or Oligarchy Describes the U.S. … "Are we still a capitalist democracy or have we gone over into an oligarchic form of society in which incredible economic and political power now rests with the billionaire class?" Sen. Bernie Sanders, a Vermont socialist, asked that question of Federal Reserve Chair Janet Yellen at a hearing on Capitol Hill Wednesday...Read More

Uruguay Legalizes Pot, Stumbles … Uruguay's decision last year to legalize marijuana was sold to the country's citizens as a way to defeat the criminal gangs responsible for almost all of the 22 tons of pot that are grown or smuggled into the country every year. The trouble is that the latest rules, as designed, suggest that the country may end up undermining the law's intended g...Read More

End The War On Drugs, Say Nobel Prize-Winning Economists … Global War on Drugs … The decades-long global war on drugs has failed and it's time to shift the focus from mass incarceration to public health and human rights, according to a new report endorsed by five Nobel Prize-winning economists. The report, titled "Ending the Drug Wars" and put together by the London Schoo...Read More

NSA to Control the Stock Market … Spy agency can easily manipulate the market through latest surveillance hub … An upcoming surveillance hub monitoring all investment transactions in real-time will allow the National Security Agency unparalleled ability to manipulate the stock market. – Infowars via DrudgeDominant Social Theme: Buy and hold is the name of the game. The stock mark...Read More

End The War On Drugs, Say Nobel Prize-Winning Economists … Global War on Drugs … The decades-long global war on drugs has failed and it's time to shift the focus from mass incarceration to public health and human rights, according to a new report endorsed by five Nobel Prize-winning economists. The report, titled "Ending the Drug Wars" and put together by the London Schoo...Read More

NSA to Control the Stock Market … Spy agency can easily manipulate the market through latest surveillance hub … An upcoming surveillance hub monitoring all investment transactions in real-time will allow the National Security Agency unparalleled ability to manipulate the stock market. – Infowars via DrudgeDominant Social Theme: Buy and hold is the name of the game. The stock mark...Read More

Economics Economists, Show Your Assumptions … What if I told you that jumping off a cliff is entirely safe, except for gravity? Would you find my prediction insightful or useful? Strange as it may seem, this is precisely the kind of logic that underpins many of the models that economists build to help them understand the world — and even to make policy recommendations on things such as...Read More

Economics Economists, Show Your Assumptions … What if I told you that jumping off a cliff is entirely safe, except for gravity? Would you find my prediction insightful or useful? Strange as it may seem, this is precisely the kind of logic that underpins many of the models that economists build to help them understand the world — and even to make policy recommendations on things such as...Read More

Final fed climate report will present dire picture … The Obama administration is more certain than ever that global warming is changing Americans' daily lives and will worsen – conclusions that scientists will detail in a massive federal report to be released Tuesday. – APDominant Social Theme: Times are grim and getting hotter.Free-Market Analysis: The US government is repor...Read More

Inside Monsanto … The company is using its biotech muscle to genetically engineer crops — but also beef up traditional cross-breeding. Say the term "genetically modified organism," or GMO, and you're bound to get some strong opinions. But what is it? And should we be afraid? Like it or not, humans have been in the business of genetically changing organisms since we first...Read More