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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
Why did Russia kill Navalny with a lethal frog toxin? Chemical weapons expert Marc-Michael Blum believes the Kremlin never intended to get caught.

Two years after Alexey Navalny died in a Russian prison, five European countries confirmed through independent testing that he was poisoned. Analyses of Navalny’s biological samples, conducted by multiple independent laboratories, revealed traces of epibatidine — a deadly neurotoxin derived from a South American frog species and now produced synthetically. Why would Russia use an exotic poison to assassinate an imprisoned opposition leader? Where did the Kremlin get the toxin? And will Moscow face any consequences for potentially violating international weapons conventions? For answers to these and other questions, Meduza spoke with biochemist and chemical weapons expert Marc-Michael Blum, former head of the OPCW laboratory. 

Ukraine’s ousted army chief told the Associated Press he blames Zelensky for the failed 2023 counteroffensive and described a previously unreported raid on his office in 2022

Valerii Zaluzhnyi, Ukraine’s ambassador to the United Kingdom and former commander in chief of the Ukrainian Armed Forces, gave the Associated Press a wide-ranging interview in which he described his deepening rift with President Volodymyr Zelensky.

Russia is returning to the Paralympics, and Ukrainian officials vow to boycott

The Winter Paralympics will begin on March 6 in Milan and Cortina d’Ampezzo, exactly one month after the Winter Olympics opened in the same Italian venues. For the first time since the 2014 Games in Sochi, Russian athletes will compete under their national flag and anthem. The International Paralympic Committee cleared six Russians and four Belarusians to compete, with both delegations marching under their respective national flags. The Russian delegation includes alpine skiers Alexey Bugayev and Varvara Voronchikhina, cross-country skiers Ivan Golubkov and Anastasia Bagiyan, and snowboarders Dmitry Fadeyev and Filipp Shebbo Monzer. The decision has drawn fierce condemnation from Ukraine, whose officials say they will boycott official Paralympic events.

Europe says it has proof Russia fatally poisoned Alexey Navalny. Can international law hold the Kremlin to account?

On February 14, the U.K., Germany, the Netherlands, France, and Sweden announced that Alexey Navalny had been poisoned in a Russian prison with a lethal toxin — epibatidine. The governments said the conclusion was based on independent laboratory analyses of samples taken after Navalny’s death in 2024.

She fell in love with a Ukrainian soldier. Russia put her on trial for treason.

Svetlana Savelyeva, a translator from the Siberian city of Irkutsk, traveled to Russia’s Kursk region in October 2024 with the goal of crossing the border into Ukraine. She hoped to reach her fiancé, a Ukrainian soldier waiting across the front line. Instead, she was arrested and tortured by the FSB. Savelyeva now faces trial for attempted treason, having been accused of training for combat herself. Meduza summarizes Savelyeva’s story, based on reporting by the independent outlet People of Baikal.

Germany's national rail operator says it was hit with a cyberattack on its systems that disrupted ticketing and timetable information.
King Frederik is visiting the partly autonomous Danish territory of Greenland, following the tensions prompted by US President Donald Trump last month.
The Vatican has said it will not take part in the "Board of Peace" established by US President Donald Trump. It said the UN was the right body to manage global crises.
Christine Lagarde, the head of Europe's most important financial institution, plans to leave her job before her eight-year term ends in October 2027, the Financial Times reported.
A second day of talks between Ukraine and Russia ended after just two hours on Wednesday. The Ukrainian side said talks were "difficult" while the chief Russian negotiator said further talks would follow. DW has more.
Under the Spotlight Rick Mark CEO Harvest Gold & Louis Martin Technical Adviser Harvest Gold
Under the Spotlight Rick Mark CEO Harvest Gold & Louis Martin Technical Adviser Harvest Gold

2026.02.15

Rick Mills, Editor/ Publisher, Ahead of the Herd:

Louis, you’ve been in the exploration development business for many years. Could you please tell us where your knowledge base lies and a little bit about yourself. 

Louis Martin, Harvest Gold Senior Technical Advisor: 

Sure. I guess we can move quite a ways back. I was born in a mining town up in northern Quebec, my parents worked there so I was actually born into the industry.

Continue reading Under the Spotlight Rick Mark CEO Harvest Gold & Louis Martin Technical Adviser Harvest Gold at Ahead of the Herd.

US to cut rates, gold bull market remains intact –  Richard Mills
US to cut rates, gold bull market remains intact –  Richard Mills

2026.02.13

Gold and silver’s dramatic pullback on Jan. 30 was supposedly predicated on the notion that Trump’s pick to replace Jerome Powell as Fed Chair, Kevin Warsh, is a fiscal hawk who has previously criticized quantitative easing, wants to unwind the Fed’s massive balance sheet, and may not lower interest rates as Trump has long criticized Powell for failing to do. 

But a deeper reading into Warsh reveals that he is not the hawk many think he is, and in fact is likely to move the Fed in lock step with the President’s low-interest-rate, low-dollar desires. 

Continue reading US to cut rates, gold bull market remains intact – Richard Mills at Ahead of the Herd.

Canadian defense
Canadian defense

From X

FT Exclusive: Canada aims to create 125,000 jobs by increasing military spending to 5% of GDP over the next decade and shifting away from US arms manufacturers, according to a new strategy paper.

Read More

Continue reading Canadian defense at Ahead of the Herd.

The oldest human built structure ever discovered is changing how we see humanity
The oldest human built structure ever discovered is changing how we see humanity

By Pia Gray – Futura

A stone wall deep inside a Greek cave stands as the oldest known human made structure. Dated to 23,000 years ago, it predates Egypt’s Great Pyramid by over 18,000 years.

In 2025, after nearly a decade closed to the public, Theopetra Cave reopened. The timing coincides with new research published in 2026 by Dr. Nina Kyparissi-Apostolika, who has led excavations at the site since 1987. The wall, discovered decades ago, was built during the Last Glacial Maximum, a period of extreme cold when much of Europe was blanketed in ice.

Continue reading The oldest human built structure ever discovered is changing how we see humanity at Ahead of the Herd.

The F-35 Debate Is Really about How We Killed the Avro Arrow
The F-35 Debate Is Really about How We Killed the Avro Arrow

By Wes O’Donnell – The Walrus

Canada doesn’t talk about the Avro Arrow because it’s nostalgic. It talks about the Arrow because it’s unfinished business. Every time Ottawa finds itself boxed in on defence procurement, every time the North American Aerospace Defense Command (NORAD) tries to remind Canada who it thinks really owns North American air power, the Arrow reappears. It doesn’t show up as an engineering debate or a budget line.

Continue reading The F-35 Debate Is Really about How We Killed the Avro Arrow 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


 

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