The Strait of Hormuz is open, and Brent crude has plummeted back into the high seventies. Our May 6 base case calling for $145 oil was wrong—and inside the attached briefing, we provide a transparent audit of exactly why.
But while energy markets exhale, severe structural damage is already locked in. Qatari helium capacity is impaired for years. More critically, China’s total export ban on sulfuric acid is quietly choking South American copper production, accelerating the Eurasian axis's absolute dominance over critical mineral processing.
Simultaneously, Washington is barreling toward a midterm fiscal cliff as a hawkish Fed collides with a $39.2 trillion debt reality.
The old capital allocation playbook is dead. Download the attached Global Macro Crisis Analysis for our updated 24-month investment matrices across commodities, currencies, and global mining jurisdictions.
|
 |
Low frequency, high substance.
Subscribers receive weekly analysis on jurisdictional risk, capital structure mechanics, and the realities of the mining cycle. Content is designed to filter noise and provide clarity on deal-relevant developments.
