Enslave
Profiteer
Rule
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 !?)
- Meduza
- DW
- Ahead
Russia’s Digital Development Ministry is considering lifting the moratorium on scheduled inspections of telecommunications operators, the Russian business outlet RBC reported, citing two sources.
Seven cars of passenger train No. 302, traveling from Chelyabinsk to Moscow, derailed near the Bryandino station in Russia’s Ulyanovsk region, Russian Railways said.
Dagestan’s Supreme Court has sentenced former State Duma deputy Ilya Ponomarev in absentia to 19 years in prison in connection with the antisemitic pogrom at Makhachkala’s airport in October 2023.
Apple has announced that as of April 1, payment processing for purchases made through the App Store or other Apple services in Russia is no longer available.
Andrei Zarenin, Russia’s deputy digital development minister, has volunteered to fight in the war in Ukraine, the Russian business daily Kommersant reported on April 2.
2026.04.02
Canada’s three northern territories represent ~40% of Canada’s landmass, but less than 0.1% of its population, or approximately 135,000 residents. That’s the size of a small city in southern Canada.
The desolation and far-flung nature of the Yukon, Northwest Territories and Nunavut — and we can add sparsely populated northern BC — has always presented huge development challenges.
These include a restricted transportation infrastructure, limited energy resources, and the significant expenses involved in operating within remote Arctic and sub-Arctic regions.
Continue reading Funding the Canadian North – Richard Mills at Ahead of the Herd.
2026.04.01
Rick Mills, Editor/ Publisher, Ahead of the Herd:
Marc, can you introduce yourself, give us a brief background on what you’ve been doing, what your qualifications are and what’s motivating you?
Marc Blythe – Founder & CEO, Au Gold Corp (TSX.V:AUGC):
Yes, my grandparents met on a gold field in New Zealand in the 1930s in the Depression era and that’s kind of how my family got into the gold mining business.
2026.03.28
Phase 1 of exploration has begun at Orestone Mining’s (TSXV:ORS) Francisca Gold Project in Salta province, Argentina.
The program will consist of detailed mapping and sampling of a 200 by 500-meter grid covering the surface exposure of the South Zone. Sampling will consist of 600 rock chip, channel and grab samples including the resampling of the 11 existing trenches which crosscut the zone along its 500-meter strike length.
By Daisy Xiong – Business in Vancouver
A proposed copper smelter in B.C. is drawing mixed views from industry experts, with one former mining executive warning it may not be economically viable while others disagree.
In late 2025, the federal and B.C. governments announced they were examining the feasibility of a copper smelter and refinery on the West Coast, aiming to move up the value chain and reduce reliance on overseas processing.
Continue reading Will a B.C. copper smelter make economic sense? at Ahead of the Herd.
2026.03.28
Iran’s closure of the Strait of Hormuz has had a profound impact on the prices of oil, natural gas, and other key industrial commodities.
Before the war started, 20 million barrels of oil flowed through the strait daily, or about a fifth of global oil consumption. Significant volumes of aluminum, LNG, distillates such as gasoline, fertilizer, and sulfuric acid used in metal refining, also normally transit the narrow waterway, but are trapped in the Persian Gulf due to the conflict.
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Mandela’s Kiss Endures
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…
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