In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey challenged the optimistic mainstream narrative surrounding the U.S. economy, arguing that beneath strong headline numbers lies a far more troubling inflationary and monetary reality. Maharrey opened with a personal hockey story about an overhyped Canadian team that ultimately proved ordinary on the ice, using it as a metaphor …
Continue ReadingThe concept of North American security has undergone a quiet but profound transformation over the past decade. What was primarily understood, particularly after 9/11, in military and counter-terrorism terms—the protection of borders, interception of threats, coordination of intelligence—has expanded into an integrated geoeconomic framework in which trade policy, energy infrastructure, supply-chain architecture, and mineral endowments are now explicitly recognized as …
Continue ReadingMine disruptions, sulfuric acid shortages, and insatiable demand from data centers and renewables are pushing the red metal into uncharted territory. Copper just hit a price that would have seemed absurd a few years ago. Comex copper futures climbed to a record range between $6.53 and $6.69 per pound in mid-May, driven by a perfect storm of supply disruptions, chemical …
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