⛏ Copper Set for Biggest Annual Gain Since 2009

Copper Set for Biggest Annual Gain Since 2009 on Supply Bets
Copper headed for its biggest annual gain since 2009, fueled by near-term supply tightness and bets that demand for the metal key in electrification will outpace production. The red metal has notched a series of all-time highs in an end-of-year surge, rallying over 40% on the London Metal Exchange this year. That makes it, along with tin, the best performer of the six industrial metals on the bourse. Read on »

Kalshi Culture: How Gambling, Speculation, and Degeneracy Went Mainstream
A more appropriate position is to ask why speculation and gambling are proliferating so rapidly in today’s American economy. The answer, naturally, starts with the debasement of our currency at the hands of the central bank and at the insistence of our political class. Read on »

Dollar Set for Worst Year Since 2017 With Fed Drama Center Stage
The Bloomberg Dollar Spot Index has fallen about 8% this year so far. After tumbling in the wake of Donald Trump’s “Liberation Day” tariffs in April, the greenback came under sustained pressure as the president kicked off his aggressive campaign to get a dovish appointee installed as Fed chair next year. Read on »