Mining

This article breaks down the unprecedented divergence between gold’s record momentum and a strong U.S. dollar, revealing how market psychology, debt, and central-bank behavior are rewriting the rules of global finance.

The 60/40 portfolio thrived for 40 years, but its assumptions — low inflation, falling rates, reliable bond hedges — are gone. Morgan Stanley’s new 60/20/20 framework signals a seismic shift: stocks for growth, short Treasuries for stability, and gold as the hedge of last resort. Investors must now ask if this marks the end of an era, and the beginning of a golden one.

Global gold demand hit US $132 billion in Q2 2025, while mine supply barely grew and production costs soared. Despite this imbalance, gold equities remain under-owned and undervalued - an echo of past cycles where miners eventually outpaced bullion. Whispers in the Vault explores why scarcity may become miners’ greatest hidden asset.

Fueled by innovative miners, strategic acquisitions, and booming industrial demand, Western silver output soared last year, led by Canada’s 33% jump. Meanwhile, Chile’s 17% drop exposed the vulnerabilities of a sector under pressure from climate challenges and costly project delays.

With CATL’s mine closure tightening global supply, lithium’s long-term demand story is back in focus. North America’s rising production could shape the industry’s next boom cycle.

This article explores Switzerland’s dominance in gold refining, the sudden U.S. tariff shock, and how BRICS nations and alternative hubs could reshape the future of the global gold trade.

Let's unpack the historic plunge, the policy twist behind it, and why copper remains one of the most strategic and contested resources for the decades ahead.

With production concentrated in a handful of countries and demand rising from aerospace to EVs, titanium’s role as a critical mineral has never been more vital. For investors, the story is clear: titanium isn’t just an industrial metal, it’s a pillar of future security and innovation.

From cobalt’s chokehold on the EV supply chain to the unstoppable rise of structural inflation, this article unpacks the hidden forces reshaping global markets—and why investors are turning to gold, Bitcoin, and hard assets for protection.

The global race for rare earths is intensifying. China, long the dominant supplier, has reopened the export taps — but geopolitical pressure, smuggling, and insurgent-backed mining in Myanmar are complicating the picture. With rare earths vital to everything from EVs to defense systems, Western governments and corporations are scrambling to secure independent supply chains. From Apple’s $500M deal with MP Materials to China’s covert stockpiling, this is no longer just about trade — it’s about global leverage.