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Silver Soars, Copper Flies as Supply Tightens across most commodities

Mid-Week Macro 3rd December looks at commodities, supply side economics, Fed policy and a drunk raccoon!

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Mid-week Polymarket market

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Kevin Hassett was the name that I could not remember on that live video. The odds of him being the Fed Chair nomination are extremely high.

2 must read posts (and other news links)

James Eagle of Killer Charts penned this really good article (with great diagrams) that show that advanced economies carry far more debt that emerging markets.

KILLER CHARTS
Advanced economies carry far more debt than emerging markets
The world feels as if it is shifting under our feet. You can see it in the places we borrow from, the places we study in, the rivers that shaped us, the companies that survived disruption and the leaders now walking away from the top job. Here we have five charts, and five different stories. Yet all pointing to the same idea. The old anchors of stability are not as firm as they once were…
Read more

And Guardian Research also penned a well-written commodities article. Highly recommended reading.

Guardian Research
Happy Thanksgiving: A Seat at the Periodic Table of Elegance
The Feast of Real Things: An Introduction to the Table…
Read more

Putin Says ‘Ready For War’ Against Europe If Attacks On Russian Tankers, Energy Continue

Barrick Seeks to Spin-Off US Operations, Hits 13 Year Highs on News | ZeroHedge

US moves to deepen minerals supply chain in AI race with China

Drunk raccoon found passed out on liquor store floor after breaking in

Miliband warned that UK data centre boom risks guzzling gas

Labour plans to ban wood burners to bring Britain on par with EU

Small Business Job Losses Soar In November; ADP | ZeroHedge

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