⚠️ Headline

Reuters: Indian rupee weakens to record low on US trade deal limbo, persistent outflows

Reuters: Russian central bank poised for key rate cut during Putin's annual Q&A session, Reuters poll shows

Reuters: Russian central bank says current account surplus in January-October was $37.1 billion

Dow Jones Newswires: Canada Inflation Steadies at 2.2% in November

2026 The Commodity Inflection Point?

Gold's already charging ahead signaling the early innings of a broader resource rally.

Copper breaking into price discovery
Energy staging a surprise comeback

#oott #Commodities #Gold #Silver #Copper #Energy #Inflation

The Decline in Large-Scale #Copper Discoveries

A Looming Supply Crisis?

Chart shows major finds peaking in the 1990s-2000s (16-18 per period) now near zero since 2015.

Meanwhile, copper prices grind higher long-term despite volatility.

Demand boom (EVs, renewables, AI grids) meets dwindling new supply.

Deficit ahead?

#Copper #Mining #SupplyCrunch #CriticalMinerals #Commodities

#Copper Demand Explosion Incoming

New Sectors + Emerging Asia Drive

#Cu consumption hits 50Mt by 2035 (+20Mt growth)

Drivers: Renewables, EVs, data centers, defense
Emerging Asia (esp. India) + "Other development" lead
High-risk upside: +5Mt more (green/net zero push, India surge, transmission)

#Copper #CriticalMinerals #EV #Renewables #India

🥇 Gold Miners = Leveraged Gold Play: The Multiplier Effect 🚀

#Chart nails it: Over 3 years of rising gold, miners crushed the metal itself.

Top performers:
- AngloGold Ashanti: +341%
- Agnico Eagle: +291%
- Barrick: +165%
- Newmont: +65%

Why? Operating leverage:
- Revenues ↑ with gold price
- Costs mostly fixed → margins explode
- Cash flow surge → stock re-rating

#Gold is the tide. Great miners are the rocket ships.

Pick quality: low costs, strong balance sheets, safe jurisdictions.

#GoldMiners #Gold #Mining #Investing

1 oz #Silver = $63.87
1 Barrel #WTI Oil = $56.62
 
For the first time in recorded history, 
an ounce of silver is worth more than a barrel of #crude oil that powered the 20th century.

This has never happened. 
Ever.

Silver is exploding 
→ Record industrial demand (solar panels alone will eat 400+ million ounces in 2026) 
→ EVs, AI data centers, 5G, defense electronics — all silver-hungry 
→ Persistent mine supply deficits + central-bank-style safe-haven flows
 
Oil is collapsing in relevance 
→ Global inventories at 4-year highs 
→ #OPEC+ pumping like it’s 2019 
→ The world is quietly switching to electrons instead of hydrocarbons
 
This isn’t a random blip. 
This is a regime change.
 
When future-facing metals trade above yesterday’s energy, the old macro playbook is burning?
 
For how long?