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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
Zelensky declares state of emergency in Ukraine’s energy sector amid efforts to repair widespread damage from Russian strikes

President Volodymyr Zelensky has declared a state of emergency in Ukraine’s energy sector, with special attention on Kyiv. This comes as the Ukrainian capital continues to experience widespread electricity and heating outages in subzero temperatures, due to recent Russian strikes on the country’s energy infrastructure. 

‘A grand PR move’? Ukrainian anti-corruption authorities accuse former prime minister Yulia Tymoshenko of bribing lawmakers

Former Ukrainian Prime Minister Yulia Tymoshenko, the leader of the Batkivshchyna political party, has been accused of organizing a vote-buying scheme in parliament, Ukraine’s anti-corruption authorities said on Wednesday. 

‘I don’t want to be a populist — I want to be a realist’. Who is Ukraine’s new defense minister, Mykhailo Fedorov?

On Wednesday, Ukraine’s parliament approved the appointment of Mykhailo Fedorov as the country’s new defense minister. One of the longest-serving members of the Ukrainian cabinet, Fedorov previously served as digital transformation minister for more than six years. He is perhaps best known for launching a widely used government services app and for helping secure Starlink satellite terminals for Ukrainian forces following Russia’s February 2022 invasion. Now, he’s stepping in to replace Denys Shmyhal as the leader of the Defense Ministry — making him the fourth person to take up this post during the full-scale war. 

‘Strong countries don’t treat allies like this’. Meduza’s sources say Russian elites are questioning how Putin’s inaction on Venezuela and Iran fits with a ‘multipolar world’

In the first two weeks of 2026, two of Russia’s major allies have faced monumental crises: Venezuela, whose president was deposed by the U.S. military, and Iran, where unprecedented protests against the ruling regime have swept the country as Washington threatens to intervene. But in both cases, despite the Kremlin’s usual talk of “strategic partnerships” and the “multipolar order,” Moscow has offered its allies practically no assistance — something that has surprised some Russian elites. Here’s what sources close to the Kremlin told Meduza about the reaction to Putin’s inaction.

Project Nightfall. The U.K. is racing to develop a new ballistic missile for Ukraine. Meduza explains how it would fit into Kyiv’s arsenal.

The U.K. has announced plans to develop a new ground-launched ballistic missile for Ukraine. Known as Nightfall, the system would give Ukraine a type of long-range weapon it doesn’t currently operate. To understand what role such a missile could play on the battlefield and how it would differ from the long-range weapons Ukraine already has, we spoke to an expert from Meduza’s Razbor (“Explainers”) team.

Danish and Greenlandic officials said they still have a “fundamental disagreement” with President Donald Trump over Greenland after meeting in Washington with Vice President JD Vance and Secretary of State Marco Rubio.
Ukrainian President Volodymyr Zelenskyy aims to boost Ukraine's defense capabilities through technology by appointing Mykhailo Fedorov as the new defense minister. What do experts say?
Humanitarian aid workers face up to 20 years in prison if found guilty of facilitating the illegal entry of migrants to Greece. The trial has been dubbed "the largest case of the criminalization of solidarity in Europe."
The Louvre museum and several other French cultural sites are increasing the price of entry for visitors from outside Europe. So-called "dual pricing" is quite common in less wealthy countries but rare in richer regions.
Ukraine's anti-corruption agency said it notified a party leader of its suspicion of offering bribes to politicians. It did not name them, but the blurred images it published clearly showed former PM Yulia Tymoshenko.
MPD Project: Kodiak Copper focusing on resource expansion in ‘26 –  Richard Mills
MPD Project: Kodiak Copper focusing on resource expansion in ‘26 –  Richard Mills

2026.01.14

Kodiak Copper (TSXV:KDK, OTCQB:KDKCF, Frankfurt:5DD1) had a phenomenal 2025, releasing a maiden mineral resource estimate on its MPD property in south-central British Columbia, and the share price up 205% over the last year. 

Kodiak Copper doesn’t feel the need to drill in the dead of winter. But that doesn’t mean it’s sitting idle, far from it. In it’s ‘off-season’, the company has been assembling its drill data and other information from last summer and planning its 2026 program. 

Continue reading MPD Project: Kodiak Copper focusing on resource expansion in ‘26 – Richard Mills at Ahead of the Herd.

Under the Spotlight – copper in ’26
Under the Spotlight – copper in ’26

The world needs more copper.

Along with all the usual applications for copper, in construction, transportation and telecommunications demand is being driven by on-going electrification and decarbonization of the transportation system and the exponential growth in battery storage.

Copper is not only vital to the applications listed above but to artificial intelligence and the infrastructure that supports AI. Copper is used in computer chips, EVs, and in the reams of wiring required by data centers, and of course in power transmission to all the new data centers. 

Continue reading Under the Spotlight – copper in ’26 at Ahead of the Herd.

Gold silver copper dilation zone discovery provides Harvest Gold new exploration target on Mosseau North –  Richard Mills
Gold silver copper dilation zone discovery provides Harvest Gold new exploration target on Mosseau North –  Richard Mills

2026.01.12

On July 24 Harvest Gold announced they identified 23 priority drill targets in the central and north parts of its flagship property, Mosseau, located in the Urban Barry Belt of Quebec’s Abitibi region.

The company has now completed 21 diamond drill holes totaling 4,692 meters. Drilling targeted the northern and central areas of the property.

This week HVG announced the second and final series of assay results from the northern area of its it’s maiden drill program at Mosseau.

Continue reading Gold silver copper dilation zone discovery provides Harvest Gold new exploration target on Mosseau North – Richard Mills at Ahead of the Herd.

Silver North’s drill results set the table for bigger 2026 drill program – Richard Mills
Silver North’s drill results set the table for bigger 2026 drill program – Richard Mills

2026.01.09

Silver North (TSXV:SNAG, OTCQB:TARSF) completed its 2025 drill program in mid-November at its flagship Haldane Project, located within the historical Keno Hill Silver District in the Yukon territory. 

The road-accessible, 8,579-hectare Haldane property is 25 km west of Keno City, YT, adjacent to Hecla Mining’s producing Keno Hill silver mine. Haldane hosts several occurrences of silver-lead-zinc-bearing quartz siderite veins resembling the veins being mined at Keno Hill.

Silver North offers investors exposure to one of the most prolific silver districts in Canada and the world — Keno Hill — which is seeing major investment from Hecla Mining, the largest silver producer in the United States, following Hecla’s 2022 takeover of Alexco Resources.

Continue reading Silver North’s drill results set the table for bigger 2026 drill program – Richard Mills at Ahead of the Herd.

Cassiar Gold hits jewelry box gold grades at Taurus – Richard Mills
Cassiar Gold hits jewelry box gold grades at Taurus – Richard Mills

2026.01.09

Cassiar Gold (TSXV:GLDC, OTCQX:CGLCF) recently announced results from nine initial diamond drill holes of the 2025 exploration program at the Taurus deposit. According to Cassiar, the results expand mineralization near surface and beyond the extent of the current resource block model.

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

Results are pending for 5,243m of drilling over 11 drill holes from the Newcoast prospect which lies 2 kilometers to the south.

Continue reading Cassiar Gold hits jewelry box gold grades at Taurus – Richard Mills 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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