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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
Ukrainians are freezing inside their homes as Russia’s winter strikes intensify. Here is how you can help.

By midday on February 4, roughly 1,100 apartment buildings in Kyiv remained without heating, according to Ukrainian President Volodymyr Zelensky. Nationwide rolling blackouts are now in effect, with emergency power cuts hitting specific areas.

U.S.-led talks end with first Ukraine-Russia prisoner swap in months as state media signals new demands from Moscow

A second day of trilateral talks aimed at ending Russia’s war against Ukraine concluded in Abu Dhabi on Thursday. The meeting, which involved representatives from Washington, Moscow, and Kyiv, marked the latest round of discussions in the Trump administration’s year-long push to broker a lasting truce.

Zelensky says 55,000 Ukrainian soldiers have died in the full-scale war with Russia. Open-source data suggests a higher toll.

At least 55,000 Ukrainian troops have been killed in Russia’s full-scale war, with many more considered missing, President Volodymyr Zelensky revealed on Wednesday.

He played Putin and broke NATO in three days. Alexander Gabuev, the scholar behind an alarming wargame, tells Meduza how he did it.

Last December, the newspaper Die Welt partnered with military researchers at Helmut Schmidt University to simulate a Russian invasion of NATO. The exercise involved 16 participants, including security experts and former senior German and NATO officials. From the European perspective, the outcome was alarming: Russian troops moved unchallenged through NATO territory for three days, capturing the Lithuanian city of Marijampole. Alexander Gabuev, director of the Carnegie Russia Eurasia Center in Berlin, played Vladimir Putin in the exercise and spoke to Meduza about the experience.

Deported in hours, a 25-year-old Crimean now faces life in a Russian prison. Rights experts warn his arrest reveals a chilling new extradition shortcut from Kazakhstan.

Last week, Kazakhstan deported a dual Ukrainian-Russian citizen to Russia, where he was immediately arrested on treason charges. The 25-year-old IT specialist, Oleksandr Kachkurkin, moved from Crimea to Kazakhstan following Russia’s 2022 invasion of Ukraine. He was initially detained on misdemeanor charges that human rights experts say were fabricated. Kazakh police then put Kachkurkin on a plane to Moscow, despite Russia not having formally requested his extradition. The entire deportation process, from filing the misdemeanor charges to obtaining a court ruling, took only a few hours. And Kachkurkin now faces 12 years to life in prison if convicted. According to human rights lawyer Yevgeny Smirnov of Department One, Kachkurkin’s story points to a new level of coordination between Russian and Kazakh authorities — one that allows the Kremlin to go after anyone it chooses in Kazakhstan.

In Kyiv, hundreds of thousands of residents are facing subzero temperatures without any heat or electricity. Mayor Vitali Klitschko has said municipal services are "working around the clock" to restore heat to homes.
The British prime minister apologized to Epstein victims in a speech, and accused his former US ambassador, Peter Mandelson, of telling "lies" to secure a spot in his government. Mandelson faces a police investigation.
The Louve theves dropped Empress Eugenie's emerald crown when they fled the scene of the heist in October last year, leaving it badly dented. But the eight pieces they got away with still have not been found.
In 2016, Albania launched a reform program aimed at strengthening its judiciary and making it a pillar in the fight against corruption. The murder of a judge last October has reignited the debate about this reform.
Chancellor Friedrich Merz is on a three-day visit to the Gulf region as Germany seeks closer partnerships on business, energy and security. DW has the latest.
Torr Metals expands Sonic copper-gold soil anomaly to ~8 km2 –  Richard Mills
Torr Metals expands Sonic copper-gold soil anomaly to ~8 km2 –  Richard Mills

2026.02.05

Torr Metals (TSXV:TMET) has expanded the mineralization at its Kolos Copper-Gold Project in south-central British Columbia. 

Results from a geochemical program completed in late 2025 from the undrilled Sonic Zone have nearly doubled the anomalous footprint from 4.5 square kilometers to about 8 square kilometers. 

Map showcases Kolos extent for 2023, for spatial reference only

A total of 1,572 samples were collected from Sonic, located adjacent to Highway 5, part of Torr’s 100%-owned 275 km² land position within the 332 km² Kolos Copper–Gold Project. 

Continue reading Torr Metals expands Sonic copper-gold soil anomaly to ~8 km2 – Richard Mills at Ahead of the Herd.

Peak gold – Richard Mills
Peak gold – Richard Mills

2026.02.03

Gold mines have been mining at a higher grade than the reserve grade for much of the last decade. Purposely mining areas of the orebody with the highest-grade material is known as high grading. 

Mining the high-grade accessible areas of their deposits was one way for operations to bolster margins when facing low metal prices.

Small wonder the #1 risk identified for mining companies over 2026 is rising operational complexity which is being driven by more complex ore bodies, much deeper mines and significantly declined ore grades.

Continue reading Peak gold – Richard Mills at Ahead of the Herd.

Golden Goose to acquire Gran Esperanza Project in Argentina – Richard Mills
Golden Goose to acquire Gran Esperanza Project in Argentina – Richard Mills

2026.01.31

Golden Goose Resources (CSE:GGR) is adding to its land package in Argentina by signing a deal to acquire the Gran Esperanza Project.

The company has entered into a Definitive Agreement with Valcheta Exploraciones S.A.S. to acquire up to a 100% interest in the epithermal gold-silver property located in Rio Negro Province, Argentina.

Under the option agreement, Golden Goose would acquire 100% of Gran Esperanza through a series of cash payments and exploration expenditures totaling USD$4.448 million. 

Continue reading Golden Goose to acquire Gran Esperanza Project in Argentina – Richard Mills at Ahead of the Herd.

Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’
Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’

By Christopher Reynolds – Yahoo! Finance Canada

Tariffs and economic angst delivered a significant blow to Canadian National Railway Co. last year, as the question mark hanging over North American free trade continues to threaten profits in 2026.

“Tariffs, trade uncertainty and volatility impacted our full-year 2025 revenues by over $350 million,” chief commercial officer Janet Drysdale told analysts on a conference call Friday.

Read More

Continue reading Tariffs take $350M bite out of CN Rail revenues, with uncertainty now ‘biggest risk’ at Ahead of the Herd.

Moon solar to power earth
Moon solar to power earth

From X

Japan is planning to build a solar ring around the Moon that will power Earth forever

Read More

Continue reading Moon solar to power earth 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

 

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The Economist – Graphic Detail

Almost like it was done by John Graphicon 🙂

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