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
Spanish police in Girona have arrested Dmitry Artyakov, the son of Rostec Vice President Vladimir Artyakov. The arrest was reported by the investigative Telegram channel All Exclusive, citing a source in Spanish law enforcement.
Colonel Ivan Voronych, who was shot dead in Kyiv on July 10, served in Ukraine’s domestic intelligence agency and had been with the agency for decades, according to The New York Times. Voronych had for a time commanded the special operations unit known as the Fifth Directorate, which receives technical support from the CIA and oversees, among other things, assassination missions, such as the 2016 killing of Arsen Pavlov, better known by his nom de guerre “Motorola,” a prominent commander of pro-Russian formations in eastern Ukraine.
A new executive order from Vladimir Putin affirms the foundations of Russia’s state language policy, pledging to “preserve, develop, and support” the Russian language, the state languages of Russia’s republics, and other languages of the peoples of the Russian Federation, as well as promote the Russian language worldwide. The presidential decree states that “despite the Russian Federation’s unique ethnocultural diversity, it is precisely the Russian language that largely defines the national civic identity,” while all languages of Russia’s peoples “enjoy state support,” and all citizens are guaranteed “the right to use their native language.”
Euromaidan activist Andriy Kolomiyets, who was imprisoned in Russia for the past 10 years, is now a former political prisoner. At a press conference in Kyiv on July 11, Foreign Ministry spokesperson Heorhiy Tykhyi announced that Kolomiyets was “back on Ukrainian soil,” explaining that Russian authorities had “deported” him via Georgia. In turn, Kolomiyets’s Russian defense lawyer wrote on Facebook that his client had been held in a basement inside the Georgian border crossing’s transit zone for several days, alongside more than 60 other Ukrainian citizens. Here’s what we know about the circumstances surrounding Andriy Kolomiyets’s return to Ukraine.
In December 2024, thousands of tons of mazut — a heavy, low-grade oil product that’s mainly used in power plants — leaked from wrecked tankers and washed up on the coast of Anapa, a popular tourist destination near the Sea of Azov. The spill created immediate financial problems for the city’s hotel owners and neighboring resort towns. Tourists who paid in advance for summer vacations demanded refunds, and new bookings ceased altogether. All winter and spring, locals and volunteers from across the country joined cleanup efforts, racing to prepare the beaches in time for the start of Russia’s vacation season. However, state officials ultimately banned beach activities and swimming in the sea. In early June, correspondents from the independent journalists’ cooperative Bereg visited the Black Sea coast for a firsthand look at one of the strangest summer seasons in Anapa’s history. Meduza translated Bereg’s report into English.
2025.07.11
A group of European Central Bank economists recently warned that rising demand for physical gold (over 2,000 tons from London to NYC in 2025) could send the European Union into collapse.
As explained by gold market commentator Matthew Piepenburg, this is Because the Eurozone, already teetering on skyrocketing debts and rising bond yields (and hence interest rates), doesn’t have the money nor the gold to meet their 100:1 levered gold derivative contract hitherto floating on the London and NY Gold Exchanges with a gross exposure of over $1T…
But now they are seeing counterparties wanting the physical gold itself rather than just their extended paper contracts.
Continue reading A decline of empires – Richard Mills at Ahead of the Herd.
2025.07.10
Donald Trump is again sowing chaos with respect to the trade war he has initiated.
US trading partners were not looking forward to July 9, the end of Trump’s 90-day hiatus on so-called “reciprocal tariffs” he announced in April, which caused a broad sell-off in global stock markets and a spike in US Treasury yields.
But like most of Trump’s deadlines, it was a moving target.
He said his administration plans to start sending letters on July 7th, dictating new tariffs to countries that have not yet signed a trade deal with the United States.
2025.07.06
Rick Mills, Editor/Publisher, Ahead of the Herd:
On the fourteenth of last November gold was $2,536 an ounce, today it’s $3,334. Silver was $26.38, now its $36.92, platinum was $851.56, today it’s $1,391.00.
Gold, silver and platinum have done extremely well over the last while, can you point to any particular reason for that?
Bob Moriarty, Founder, 321gold:
I think it’s a general exit from the dollar into safer commodities and quite bluntly if you look at the all-time high in the Dow and the S&P you’ve got something similar there so it’s a race to safety that used to be in the T-bills and now it’s in the gold, silver and platinum.
By Madelyn Champa
Gary Larson’s work on The Far Side has been widely praised for decades, but younger readers can’t always join in on the fun due to the comics’ tendency to veer into dark territory. While adults can get a good laugh out of unsettling jokes, children aren’t exactly the target audience for that sort of humor. Luckily, there are plenty of Far Side comics that readers of any age can get a kick out of.
Continue reading 10 Funniest Far Side Comics Even Your Kids Will Laugh At at Ahead of the Herd.
By Adam Hamilton, CPA
American stock investors’ gold-upleg-chasing gold-ETF-share buying is mounting. After mostly ignoring gold’s powerful bull run for 6/7ths of its lifespan, they are increasingly returning. These investors control vast pools of capital yet still have super-low gold portfolio allocations, which is a very-bullish omen. Their long-awaited capital inflows ought to propel gold’s mighty cyclical bull much higher, with buying underway.
From early October 2023 to mid-June 2025, gold soared an epic 88.6% higher!
2EMMA Featured Stories
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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Ivan
Ivan
