Andy Carpenter

In 2026, gold investors may be looking for success in all the wrong places. That’s because deep inside the Pacific’s volcanic Ring of Fire, South Pacific Metals (SPMEF) has added a second exploration drill to its flagship Osena–Ontenu project. And together, those two drills are beginning to shine a bright beacon toward what could become one of the world’s next great gold frontiers. For decades, many of the world’s greatest mining fortunes were built in established districts like Nevada,...

Historically, small modular nuclear reactors existed as a nuclear industry talking point – elegant PowerPoint concepts promising cheaper, faster and safer atomic energy. Now, outside Toronto, the world is about to discover whether the idea actually works. At Ontario Power Generation’s Darlington site in Clarington, crews have begun construction on what is expected to become the first grid-scale small modular reactor in the Western world. The GE Vernova Hitachi BWRX-300 reactor is designed to...

The best explanation I have read for gold’s worst week in 15 years says the dollar is not to blame. It is not TIPS-yields’ fault either. Those only explain tiniest part of the move. The real explanation is simpler (and maybe more uncomfortable). Over the past two years or so gold became a crowd trade, akin to a meme stock. It started when central banks bought gold after Russia’s assets that were frozen in 2022. That drove the first leg. Then, of course, the damn hedge funds, which produce...