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Don’t go there!

Perhaps ironically, one of the most famous 4 Horsemen of the Apocalypse paintings is by a Russian:

  • Pestilence (on a White Horse -> COVID !?)
  • War (on a Red Horse -> PUTIN !?)
  • Famine (on a Black Horse -> HYPERINFLATION !?)
  • Death (on a Pale Horse -> TOO LATE !?)

 

For relevant updated news go to the EMMA press pages, or follow the following currently relevant (independent) news:
  • Meduza
  • DW
  • Ahead
The founder of Readovka, one of Russia’s biggest pro-war Telegram channels, is jailed on charges of stealing $13 million meant for military drones

A Moscow court has ordered the pretrial detention of Alexey Kostylev, founder of the pro-war news outlet Readovka. According to reports from the hearing, Kostylev is suspected of large-scale fraud involving a Defense Ministry contract for the supply of military drones. Investigators allege that he embezzled one billion rubles (nearly $13 million). RBC’s sources said Kostylev was detained on Wednesday, February 25, in connection with a criminal investigation launched against unnamed suspects last September. He has been remanded in custody until April 25.

The Russian Orthodox Church is helping lure Kenyans into the Kremlin’s war against Ukraine

The Russian Orthodox Church’s exarchate in Africa is involved in a scheme recruiting Kenyan citizens to fight in Ukraine, according to journalist Ksenia Luchenko, who covers the Russian Orthodox Church, and the independent investigative outlet iStories, which highlighted a mid-February report by Religion News Service.

Russia coined the term ‘genocide of the Soviet people.’ Now it wants to jail deniers — a move unprecedented even in the USSR.

Lawmakers in Russia’s State Duma have approved in the first reading a bill introducing amendments to the Criminal Code that would establish criminal liability for:

The long story behind the arrest of ex-Minister Herman Halushchenko: The latest chapter in Ukraine’s wartime energy scandal

In mid-February, detectives from Ukraine’s National Anti-Corruption Bureau (NABU) apprehended former Energy Minister Herman Halushchenko as he attempted to cross the border on a Warsaw-bound train. Now facing charges of money laundering and involvement in a criminal network, Halushchenko is the latest high-profile official ensnared in the corruption scandal known as “Mindichgate.” According to NABU, the scheme’s architect was Timur Mindich, a former business partner of President Volodymyr Zelensky. Investigators allege that the officials behind the scheme collected more than $100 million in kickbacks from the state-owned nuclear operator, Energoatom, even as Russian strikes battered the country’s power grid. For Meduza, Ukrainian journalist Konstantin Skorkin explores the rise of Herman Halushchenko and his alleged role in Ukraine’s biggest wartime corruption case.

Putin appoints FSB chief, defense minister, and his ex-bodyguard to newly created AI commission

Vladimir Putin has established a presidential commission on the development of AI technology, according to an executive order published online on Thursday. 

A new directive encourages Ramadan-themed events and mosque visits in Turkish schools. Critics warn it pressures students and challenges secular principles, while the government says participation is voluntary.
Between 2021 and 2023, 24 cases of femicide were recorded in Albania. While institutional measures to protect women have been stepped up, experts say a faster and more coordinated response is needed.
President Zelenskyy reported widespread overnight strikes, the next round of Geneva talks passed without incident. Meanwhile Kenya arrested a man suspected of tricking people into going to Russia to fight.
Russian oil and gas face sanctions, but nuclear energy is another story. DW shows how far Russia's influence extends, and why countries continue to turn to it for nuclear energy.
A French magistrate recently went public about how US envoys had tried to interfere in French national politics. Experts say it is clear that France is a target of disinformation strategies.
White Gold reports assays, announces critical minerals spin-out and multiple porphyry-style targets on Pedlar property –  Richard Mills
White Gold reports assays, announces critical minerals spin-out and multiple porphyry-style targets on Pedlar property –  Richard Mills

2026.02.27

White Gold (TSXV:WGO, OTCQX:WHGOF, FRA:29W) in November published assays from the first hole of the 2025 drill program at its Golden Saddle deposit, part of the company’s flagship White Gold Project located in Canada’s Yukon Territory.

The 2025 program at Golden Saddle was designed to target three zones of mineralization: the hanging wall, main zone and footwall. At the Arc deposit, drilling was designed to test the down-plunge extent of gold mineralization below 120m vertical, as well as provide material for metallurgical test work programs as contribution towards a Preliminary Economic Assessment (PEA), expected to be published in Q2 of 2026.

Continue reading White Gold reports assays, announces critical minerals spin-out and multiple porphyry-style targets on Pedlar property – Richard Mills at Ahead of the Herd.

Mercado Minerals: High discovery potential at Copalito with three new veins already discovered –  Richard Mills
Mercado Minerals: High discovery potential at Copalito with three new veins already discovered –  Richard Mills

2026.02.26

Mercado Minerals’ (CSE:MERC) flagship Copalito Project presents a district-scale opportunity with known and drilled silver — gold-low-sulfidation vein mineralization that is open for expansion. 

Historical third-party high-grade silver and significant gold and base metal drill intercepts include 347 g/t silver, 0.22 g/t gold, 0.18% lead and 0.38% zinc over 13.10 meters at the 5 Senores Vein; and 125 g/t silver, 2 g/t gold, 0.34% lead and 0.58% zinc over 23m at the El Agua Vein. 

Continue reading Mercado Minerals: High discovery potential at Copalito with three new veins already discovered – Richard Mills at Ahead of the Herd.

Kodiak Copper kicks off the year with strong news flow –  Richard Mills
Kodiak Copper kicks off the year with strong news flow –  Richard Mills

2026.02.26

Kodiak Copper (TSXV:KDK, OTCQX:KDKCF, Frankfurt:5DD1) has filed the technical report on SEDAR+ for the initial mineral resource estimate (MRE) at its MPD Copper-Gold Project, located in a long-established mining region in the Quesnel Trough of southern British Columbia.

The Vancouver-based junior reported on Jan. 23 that the large, open-pit copper-gold resource estimate (MRE) for MPD includes seven deposits in total — West, Adit, South, Gate, Ketchan, Man and Dillard — shows the scale and potential of MPD and lays the foundation for future resource growth and development.

Continue reading Kodiak Copper kicks off the year with strong news flow – Richard Mills at Ahead of the Herd.

Cassiar Gold Project: Bulk tonnage in the north + high-grade veins in the south –  Richard Mills
Cassiar Gold Project: Bulk tonnage in the north + high-grade veins in the south –  Richard Mills

2026.02.25

Cassiar Gold’s (TSXV:GLDC; OTCQX:CGLCF) flagship project of the same name is a large orogenic gold property located in the Cassiar Mining District of northern British Columbia. The project has substantial upside potential for both bulk-tonnage resources in the Cassiar North area, and high-grade gold targets in the Cassiar South area. 

The company’s 2025 drill program comprised 7,308 meters over 20 drill holes and concluded in early October.

Newcoast drill results 

On Jan.

Continue reading Cassiar Gold Project: Bulk tonnage in the north + high-grade veins in the south – Richard Mills at Ahead of the Herd.

Gold Still Juggernaut
Gold Still Juggernaut

By Adam Hamilton, CPA

Gold still looks unstoppable, a mighty juggernaut.  After essentially tripling in about a couple years, gold inexorably continues grinding higher.  Remarkably this great strength is defying gold’s own half-century-plus precedent of serious drawdowns following extreme gains and overboughtness.  Interestingly gold’s latest monster record bull also had episodes of gold refusing to sell off substantially out of overbought extremes.

As I marvel at gold’s staying power, that word juggernaut keeps coming to mind. 

Continue reading Gold Still Juggernaut at Ahead of the Herd.

 

2EMMA Featured Stories


Mandela’s Kiss Endures

Palestinian leader Yasser Arafat and Nelson Mandela embrace at Mandela's home in Johannesburg, South Africa, on Jan. 13, 1990.

 

The 2024 Global Elections Super-Cycle

Stay tuned for continuous updates on elections around the world. Click on a country for the latest elections data and analysis.

  • Number of national elections to be held in 2024            18 of 68
  • Overall turnout (based on registered voters)                        63%
  • Total number of ballots cast in 18 elections                   467,094,737

 

Pulled conclusions from pooled data compilations

Using some of the world’s largest companies by market cap & some of the most quoted indices + two most sung alternatives: data for this millennia where available

  • At 134x, Apple is the absolute stock price growth winner; with Amazon at 45x and Google at 32x
  • Despite the lack of interest or dividends, gold at 6.6x looks good compared to any other stock or index!
  • Barrick Gold on the other hand seems to be poorly correlated to anything including the gold metal itself!?
  • But Barrick is the only stock producing negative correlations with most of the indices including a relatively high -0.77 with the Euronext100 index
  • If one wast trying to get something totally uncorrelated on purpose- it would be hard to beat: gold and the Euronext100 index at -0.03; or Barrick and the Hang Seng index at 0.04; or gold and Merck at 0.16; or BTC and the FTSE index at 0.19
  • Correlation against a basket of indices & alternatives is best in Disney and Google (0.81-0.82), albeit at different growth multiples
  • If an average historical P/E is somewhere in the 20x range, then the current S&P quoted average which is in high 30s is as warned high, BUT: only Amazon and Visa seem to be widely out of range (justified by growth in online transactions?), with many below current & historical averages
  • In the current world of no interest & no inflation, maybe the higher P/E averages are justified..? For how long, that is a different question…

For hedging ideas, other growth, correlations, or averages- take a look at the data set/:>  the Excel file: 2emma stock monitor or go to the Data Monitor

 

2EMMA Hall of Fame


 

The Economist – Graphic Detail

Almost like it was done by John Graphicon 🙂

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