doesnt

the secret so that cheese doesn’t taste like fish

by

You go to a store to buy a refrigerator and see that, in addition to having very different prices, one of them has a double cold circuit. You choose the cheapest one without taking into account that with the most expensive one your food may taste better. Why is this happening? Today we are going to explain How traditional refrigerators differ from Twin Cooling refrigerators. How a traditional refrigerator works Traditional refrigerators operate through a closed refrigeration cycle. The main objective is to extract heat to the outsideand it does so through two condensation and evaporation coils respectively, which are tubes through which the refrigerant fluid circulates. These two coils are placed between a compressor and an expansion valve. To understand it, in the traditional system the dry and cold air from the freezer is mixed with that from the refrigerator. It is, so to speak, as if it were a single lung for two bodies, which causes odors to mix, there to be no optimal humidity and the engine to turn on regardless of whether we open the freezer or refrigerator compartment. To understand it, the refrigerant fluid travels through the condensation coil to the expansion valve, thus reducing its pressure and temperature. This process causes the liquid to evaporate when it reaches the second evaporation coil, which, as you can already imagine, evaporates the fluid until it reaches the condenser in the form of a gas. In this section, the condenser provides energy to the gas so that it can flow, increasing the pressure to become liquid again so that the heat goes outside through the walls of the condenser tube. As a summarythe cycle through which the refrigerant fluid travels is: condensation coil, expansion valve, evaporation coil and compressor and compressor tubes. This cycle is constant until the refrigerator temperature reaches what we have set on the thermostat. Refrigerators with freezers work in a very similar way. The refrigerant fluid travels first to the freezer areaand once it has reached the desired temperature it travels to the refrigerator area. The compressor ensures that the refrigerator has a different temperature, stopping the fluid before reaching the refrigerator area if the temperature is the same as what we have on the thermostat. How a refrigerator with a double cooling circuit works Refrigerators with a double cold circuit work in a very similar way, but they have a fairly big difference: instead of having one circuit, they have two. To clarify, the fact that it has two circuits does not mean that they consume more electricity, since it is quite the opposite because they are usually more efficient. Because? By having two independent circuits, the engine work is less because it cools only the freezer or the refrigerator, and not both. If, for example, you open the refrigerator in a traditional refrigerator, the cooling fluid has to travel through the entire circuit, while in a refrigerator with a double cooling circuit the fluid travels only through the refrigerator and not through the freezer. And it is not the only advantage. These refrigerators with double cold circuit are especially interesting so that food odors do not mix placed in the refrigerator and freezer. This also means that the moisture collected from the refrigerator does not reach the freezer, thus obtaining a drier area and better preserved food. And, be careful, this is important, since with a double circuit the humidity stays where it should be, making the tomatoes stay fresh for twice as long. Of course, just because a refrigerator is No Frost does not mean it is good. Almost all modern refrigerators are No Frost, but the single circuit one is a ‘Total No Frost’ that dehydrates the food. The double circuit ones are a ‘Smart No Frost’. Furthermore, the fact that a refrigerator has a double circuit means that, in most cases, it can be attractive for when we go on vacation. And this is because you can turn off only the refrigerator part while leaving the freezer part on. And this represents savings. The good and the bad of both options, face to face Refrigerator (traditional) Refrigerator (double cold circuit) THE GOOD 🟢 They are more economical and require less maintenance in the long term. It maintains higher humidity in the refrigerator, does not mix odors and is usually more energy efficient. THE BAD đź”´ Odors can mix, food can dry out, and it is more difficult to maintain constant humidity and temperature. They are more expensive and usually require more maintenance in the long term. Ideal for: Tight budgets and for families of one or two people. Prevent odors from mixing and for families of three or more people. In summary: 👉 Choose a traditional refrigerator if: You are a person who lives alone or in a family of two people or you are looking for a refrigerator that does not increase too much in price. 👉 Choose a refrigerator with a double cold circuit: You are looking for a better flavor in food or you live at home with two or more people. Recommended models Traditional refrigerator: Hisense RB372N4AWE The Hisense RB372N4AWE is a 292-liter refrigerator with a single cold circuit that is interesting because it has a technology that means that if you leave the yogurt at the bottom it will not freeze or if you have the milk on the door it will not stay warm, the temperature is uniform in every corner. Also It comes with micro perforations to inject cold air into each shelf of the refrigeratorpreserving food better, and with technology Total No Frost to prevent frost from forming in the freezer. In addition, this refrigerator includes a fruit and vegetable drawer that allows you to control the humidity to keep food fresh and comes with a vacation mode so that it operates at a constant temperature of 15ÂşC, which can save energy. As a curiosity, its door is reversible, so you can choose to open it to the left … Read more

Many people believe that politics “doesn’t work.” For some the solution is to elect public officials by lottery

by

Beyond the fact that it can solve your life with a few million euros, the lottery – in lower case, as a general concept – offers some interesting characteristics. One of them, and not the least, is that, in its own way, it is incorruptible. If applied well, there is no human way to circumvent it. Chance plays its role and smiles at some or others in a totally random way, regardless of whether they have spent a fortune on your organization. Another is that, precisely for that reason, it is totally democratic. In the bass drum there is no ball with a greater chance of coming out than another. With such a cover letter, the question we could ask ourselves is: Would a democracy work based on draws, on randomness? Would it work a “lotocracy”? Neither the question nor the term are new. Not at all. What’s more, the Athenians – pioneers par excellence in democratic governments – considered something similar a couple of centuries before our era, when they used lots to elect some public positions. The same mechanism continued to work in certain cases and with conditions throughout history. A formula with history… and supporters We find it in cities of what is now Italy during the Middle Ages and also in the Renaissance; but it declined in the 17th century, with the representative systems. From a formula similar to the one we continue to use today to choose the presidents of the neighborhood communities, we moved to another that, at least on paper, aspires to choose the best for public positions. In a 21st century with the system riddled by corruption and clientelist networks, there are, however, those who advocate recovering the philosophy of “lotocracy.” In the academic sphere we find respected voices, such as that of the philosopher Alex Guerrero, the political scientist Helene Landemore or the historian David Van Reybrouck that invite, at least, to dwell on its virtues. Beyond the tribunes and atriums of the universities there are also movements, such as Sortition Foundationwho advocate a formula that wants to place the citizen in the center of political decision making. “By selecting representative groups of ordinary people by lottery and bringing them together in citizens’ assemblies we can break the stranglehold of career politicians on decisions and circumvent powerful vested interests,” Sortition advocatewith headquarters in the United Kingdom, Austria and the United States, before putting the finger on one of the great problems of modern democracies: the “disillusionment” and “distrust” that the political class arouses. You don’t have to go to the English-speaking world to find it. In Spain, the CIS places corruption, fraud and the behavior of public officials among the main concerns of citizens, even ahead of education or housing. 19th-century painting by Philipp Foltz depicting the Athenian politician Pericles before the Assembly. According to the Sortition registry, there are a good handful of initiatives verified by the OECD throughout the world that, in the style of open assembliesshare or have shared their philosophy of empowering neighbors. In Spain, several are identified, such as the participatory platform Madrid decideswhich was created with the aim of presenting proposals, achieving participatory accounts and voting in citizen consultations; G1000also located in the capital; either Besaya Citizen Jurywhich proposes ways to use European funds in the Besaya basin. Beyond the isolated initiatives that seek to reinforce the political weight of citizens, can a system recover, the lotocracythat –as collected by Leandro Omar El Eter— was conceived as “a form of government that promotes access to public office through lottery”? Pablo Simonpolitical scientist and editor of Politikonremembers that the formula of democracy by lottery has little new, but points out the advantages that could be brought by “exploring” a hybrid model, which combines its strengths with those of the current system, as in the irish constitutional conventionformed in 2012 to discuss proposals for amendments to the nation’s charter and which included, among other members, randomly selected people. There, in Ireland, the citizens’ assembly served, for example, to address complex problems, such as the legalization of abortion. The United Kingdom also verified its usefulness, with a forum of 108 people which, after weeks of debate, prepared a report with a battery of proposals to fight climate change. “I find it interesting to explore this system in combination. For example, the experience of the irish constitutional convention. In those cases the draw was hybridized with the representatives. If we created more forums or spaces with citizen raffles and they were allowed a part of the management, it wouldn’t seem bad to me. Just as we have participatory budgets or the ILPsthat a part of the budget could be managed by a committee chosen by citizens at random, but with technical support. I think we should explore these types of things because it would help people feel more connected to the institutions,” reflects SimĂłn. The key, there is plenty, would be to find “a good design”: “Knowing how it would be done, with whom and what powers or powers would be given to that body chosen by lot. Always looking for combinations that allow correction, returning to a model in which this mechanism of direct citizen participation has a greater perception of accountability, of closeness.” Weaknesses and strengths The system in its purest form, of course, has its strengths and weaknesses. Among the first, the political scientist insists on its fully democratic character. “There is no electoral rule more radically democratic than the lottery and this is because basically it is assuming that everyone is competent to perform the functions of government,” he explains. What does it mean for that to be so? From the outset, it greatly complicates one of the great evils of the current system: clientelism, the networks of supporters that end up forming around those who hold political power. How to do it when someone who holds a position does so by chance and without guarantees that they will retain it? “It is a … Read more

The problem is not that your favorite influencer sells you the motorcycle. The problem is that maybe it doesn’t even exist.

by

What text-to-image and image-to-video generation will be able to achieve in the coming years is only easy to imagine if you’re in the business. I have been closely following advances in AI as a method to replace humans doing things. And I can assure you based on my experience that 2026 will be a before and after in a daily practice: consuming content on TikTok or Instagram. It’s happening now. We have been talking about influencers created with AI since 2023. The most famous case is that of Aitana Lopeza model created with AI that surpassed the barrier of 100,000 followers on Instagram. The case remained more anecdote than normal, but in 2025 we began to hear from relevant capital firms in Silicon Valley investing in start-ups created as synthetic influencer agencies. The factory. The girl you see above does not exist. She is an influencer that I created in less than two minutes and for free. If you want to make a minimal investment, you could improve the texture of your skin with Nano Banana Pro 4K or render additional details with Topaz AI. All within the same tool. Higgsfield AI is the largest AI content creation platform, and has had the “AI influencer” function for some time now. With the arrival of models like Banana Pro, the results are indistinguishable from reality. Skin enhancer in Higgsfield. Model created with AI. Maybe it exists… and it’s AI. Until now, we have only talked about creating influencers in a 100% artificial way but… what if I told you that you are already watching videos on social networks of people who exist, but who are not real at the moment you are watching the video? Spanish influencers, such as Janmolinerare starting to use AI to clone themselves and post videos in which they appear, but using an AI avatar that replaces them. This opens the doors to: Much higher content creation volume. Cost savings. What we hate with all our might: more ads created with AI. Indistinguishable. I have been training in this type of tools for some time, my eye is trained to try to detect when it is AI and when it is not, and since the arrival of the latest models I have one thing clear: it is currently indistinguishable from reality, and it will improve even more in the coming years. Big Tech. Microsoft, Google, Meta and Anthropic They are paying real money to content creators to promote their AI, with agreements reaching up to $600,000. The big question is whether, in the medium term, it will continue to make sense for companies to have humans advertise their products… or to have an AI announcing another AI. Image | Higgsfield AI In Xataka | I bought a spell online to make my cat an influencer. Now I have two euros less and even more afraid of AI

Now they are building a “highway” so it doesn’t happen again

by

Valencia will not be the same after DANA. The long reconstruction process has not yet finished and there is no shortage of key infrastructure so that citizens can regain normality and, if they suffer floods again, they will be less affected. An example: the new Quart de Poblet substation DANAs-proof to guarantee the electrical supply or the new pipelines of the La Presa (Manises) and El RealĂłn (Picassent) water treatment plants so that no matter what happens, there is no shortage of drinking water. Context. Valencia and its metropolitan area drink from two rivers: the JĂşcar River (Picassent) and the Turia River (Manises) through their respective Drinking Water Treatment Stations with a high water network system. We are talking about the capital and approximately fifty municipalities, about 1.7 million inhabitants. Until before this canalization work, Valencia’s supply system operated in a compartmentalized manner, that is, the DWTPs were not interconnected. This represents a serious inconvenience: in the event of a failure in one plant (floods, breakdowns, lack of electricity supply) in one, the other does not have the physical capacity to divert flow to the affected sector. In short: there are parts of Valencia that are left without drinking water. Why is it important. Because this water highway project will ensure uninterrupted and proper supply to the metropolitan area of ​​Valencia. DANA tragically taught us that extreme climate events occur closer than we think and that we must get ready because we are going to see more of them: Spain should raise awareness of the culture of emergency. In this sense, a possible blackout or a flood is not a theoretical incident, but something that happens in reality: part of the metropolitan area of ​​Valencia he ran out of water those days. The work. To connect the two water treatment plants, 1,667 meters of pipe have been installed from the end of section I in urban Xirivella to the DN1600 pipe located in Valencia. The project is not new: it began in 2014 and will culminate in 2027 with a final section, which requires this 25-kilometer-long water highway with a large-caliber pipeline (1.4 meters in diameter) under the ground. The new channeling requires tunnels under the Turia River bed and other infrastructure, minimizing the surface impact on the Natural Park and the Orchard, a technical challenge of underground surgery in which the main pipes of the city will be connected, minimizing supply cuts. The total investment is 113 million, of which 13 will go only to this last section. A “smart” water highway. The achievement is not so much the implementation of this new network of pipes but the interconnectivity: now the water will be able to go where it is needed in an intelligent way, so that no one is left without supply, giving a new twist to the resilience of the facilities. From here, the ball is in the state of the JĂşcar and Turia rivers. In Xataka | Iberdrola deploys in Valencia the first 66 kV substation in the world “armored” in front of the DANA In Xataka | The floods in Valencia, Catalonia and Aragon illustrate something else: Spain is not prepared to deal with more and more hurricanes-storms Cover | Waters of Valencia and EMIVASA

Neuro-sama is the AI ​​that has dethroned all human streamers on Twitch because it doesn’t need to eat or sleep

by

2026 already has its first milestone in the history of streaming: for the first timethe channel with the highest number of active subscribers on Twitch does not belong to a human creator. Neuro-sama, a VTuber generated entirely by artificial intelligencereached 162,459 active subscribers at the beginning of the year, dethroning all flesh-and-blood streamers on the platform. This figure places the channel vedal987from where Neuro-sama emits, in an unprecedented position: an artificial entity that surpasses established rivals in paying audiences. More human than humans. The origin of Neuro-sama dates back to 2019, when the British developer known as Vedal designed an artificial intelligence system initially aimed at running games of the rhythm video game ‘osu!’. Three years later, in December 2022, the project evolved into its current format: a VTuber that combines multiple technological layers to simulate the presence and activities of a human streamer. According to its creator, Neuro-sama’s visual infrastructure is developed in C# using the Unity engine, while the artificial intelligence systems work in Python. It is expressed. Neuro-sama’s architecture rests on a LLM (Large Language Model), technology that processes billions of parameters to generate coherent conversations in real time. These models form the basis of chatbots such as ChatGPT, Google Gemini or Microsoft Copilot, and operate by predicting sequences of words according to patterns learned during their training. Added to this conversational core are voice synthesis systems that generate the characteristic high-pitched tonality, and an avatar animated using Live2D technology that reacts visually to interactions. The result is a digital entity capable of maintaining dialogues, playing video games and responding to chat without direct human intervention during broadcasts. Audience records. Neuro-sama’s upward trajectory in terms of viewership is completely unusual. In January 2025, during its second annual “subathon” (a continuous broadcast format whose duration depends on subscriptions received), the channel set a world record by reaching level 111 on Twitch’s Hype Train system, an indicator that measures the intensity of subscriptions and donations over concentrated periods of time. That milestone, which surpassed the 106 levels of the previous record, seemed difficult to match. However, just eleven months later, in December 2025, Neuro-sama pulverized its own brand. The channel completed a level 120 Hype Trainaccumulating 118,989 subscriptions and 1,000,073 bits in a limited period of time. This figure makes vedal987 the only channel that has managed to break the global Hype Train record twice in a row, a distinction that earned him a global Twitch emote usable by any user of the platform. You peel them. lThe economic implications are notable. According to data from TwitchTracker, with 162,459 active subscribers and applying Twitch’s standard revenue split (which varies depending on individual agreements, but is usually around 50% for the creator), the channel would generate approximately $400,000 per month exclusively from subscriptions, not counting direct donations, additional bits or advertising deals. Currently, vedal987 occupies the 3rd place in the historical ranking of channels with the most Twitch subscriptions. He has a sister. In March 2023, Evil Neuro was born, presented as the “twin sister” of the original character. Vedal conceived this second entity so that Neuro-sama could interact with herself, but the project resulted in a differentiated personality with its own voice, visual model, and behavior. Both AIs have transcended the streaming format: in December 2022, Neuro-sama premiered ‘LIFE‘, his first original song. In August 2024 both launched ‘NEVER‘, the first duet between the two entities. The problems. The phenomenon has problematic antecedents: Nothing, Forevera series inspired by Seinfeld and generated entirely by algorithms, was suspended from Twitch after making transphobic comments. The Rubius experimented Similar dilemmas with DegenerIAa channel where ChatGPT controlled all conversations. In fact, one of the DegenerIA characters made derogatory comments about the streamer Pokimane, showing that automatic moderation systems do not always filter inappropriate content. Neuro-sama herself faced a temporary ban in 2023 for controversial statements, a reminder that the conversational autonomy of these systems carries risks. The rise of VTubers with AI. Conventional VTubers, until now, were humans controlling virtual avatars in real time through facial and body motion capture systems. Hololive, the Japanese agency that dominates this sector, manages figures such as Gawr Gura, whose YouTube channel exceeds four million subscribers. These creators choose to represent themselves through animated characters for reasons ranging from protecting privacy to building digital identities. Neuro-sama represents a qualitative leap: here there is no human behind the avatar. The VTuber industry has experienced sustained growth that YouTube quantified like this: Between 2022 and 2024, VTubers-related content generated an average of 50 billion views annually on the platform. The market for tools to produce this type of content has also become democratized: platforms such as Akool, HeyGen and VTube Studio allow creators without advanced technical knowledge to generate interactive avatars with a very small investment. Doubts about the future. What is clear is that this boom of technology-driven VTubers is full of imbalances. Continuous broadcasting without the need for rest gives these entities a structural advantage over human streamers who need to sleep, eat or simply disconnect. The question of whether this constitutes unfair competition or simply technological evolution remains without a clear answer. In Xataka | We have a problem with AI. Those who were most enthusiastic at the beginning are starting to get tired of it.

AI is very comfortable inventing everything it doesn’t know. Some researchers think they know how to stop him

by

The hallucinations have been the Achilles heel of AI since chatbots began to be part of our lives. Companies like OpenAI promised that hallucinations could be mitigated with adequate training processes, but years later both ChatGPT and its direct rivals They keep making up answers when they are not sure what to say. Shuhui Qu, a researcher at Stanford University, believes she has found a way to address the problem. A structural problem. Current language models have a factory defect: they respond with complete security even when they have no idea nor the necessary information. This has to do with how they progress when processing any answer, since LLMs have no problem completing the missing information, even if they are not being faithful to reality and are working with assumptions. First thing, recognize it. Shuhui Qu, a researcher at Stanford University, publishes an article in which she introduces what she calls Bidirectional Categorical Planning with Self-Consultation. An approach that starts from a simple idea, but uncomfortable for large technology companies: forcing the model to explicitly recognize what it does not know and not move forward until solving it. A more scientific method. The idea is not that the model think betterBut stop pretending you know everything. The approach of What starts from a basic premise: every time the model takes a step in its reasoning, it should ask itself if it really has the necessary information to do so. When an unknown condition appears, the model cannot continue. You are not allowed to fill the gap with an assumption, and you have to stop to resolve the uncertainty before moving forward. You can do this in two ways: Well asking a specific question to obtain the missing information Either by introducing some intermediate step (verification, additional consultation) that becomes part of the chain of reasoning. The method. The researchers, using external code, made models like GPT-4 They responded only when they had complete information. They did it with simple tasks, asking about cooking recipes and Wikihow guides. The key? They purposely withheld information to force him to stop. The conclusion of the research was that making preconditions explicit and verifying them before moving forward significantly reduces LLM errors when information is missing. Of course, along the way it is admitted that even this is not enough to make the hallucinations disappear completely. not so fast. Although the researcher’s idea sounds brilliant, it is quite unlikely to see it in the short and medium term. This way of processing breaks the natural flow of current LLMs, designed to return complete answers. To make such a system work, it is necessary to add an additional layer to the structure, some preconditions that force it to control the calls, interpret the responses themselves, classify them and self-block from asking questions if they do not have all the information. In other words, for the moment, AI will continue to score the triples to which we are already accustomed. Image | Xataka In Xataka | ChatGPT invents data and that is illegal in Europe. So an organization has set out to fix it with a lawsuit

Musk doesn’t have the best model or the best product, but he has something more important in the AI ​​race: SpaceX

by

Elon Musk has done it again: he has changed one of his companies from the right pocket to the left. In 2016, when his company Solar City was in the doldrums, he took advantage of the fact that Tesla was going like a rocket to save the company. Now it is xAI that needs a push in the age of artificial intelligence and, after a few brief rumorsconfirmation came: SpaceX has purchased xAI. Or what is the same: an Elon Musk company has bought another Elon Musk company. It’s an ideal move, but also a morrocotudo mess. In short. The announcement came late into our night. As part of a vertical integration, aerospace will absorb the operations of xAI, Elon Musk’s artificial intelligence company. It was an extremely rare agreement. When it occurs a business purchasewe know the numbers, but here we only have some ideas about the goal. Musk has been deliberately opaque and has justified the movement as a restructuring to guarantee “freedom of expression”, with a story based on energy, the development of technology and something we have been talking about for some time: the need for exploit outer space as a source of energy and giant heatsink for the increasingly numerous data centers. One million satellites. In fact, the operation came shortly after we learned that SpaceX had filed with the US FCC a project to launch one million Starlink satellites. Currently, there are about 9,000, plus another few thousand companies like Amazon or chinese satellites and Europeans…and astronomers are already complaining about how difficult it is to observe beyond low orbit. With a million satellites from SpaceX alone, the amount of potential space debris will increase stratospherically, but Starlink is not a simple satellite system to have Internet anywhere on the planet: They are potential data centers. Musk himself, when companies like amazon either Google They began to be very vocal about the need for moving data centers into spacepointed out that SpaceX already had them and that it was easy to convert its satellites into computing centers. In space there is Unlimited, uninterrupted energyheat dissipation is much simpler because air or water is not needed as on Earth and the information is transmitted to terrestrial centers using lasers, eliminating the need for Expensive fiber optic interconnections. SpaceX works. And, in Musk’s statement, it is stated that this demand for energy and computing power to feed AI is almost impossible to cover with terrestrial solutions, so the most logical thing is the space exodus from data centers. And, of course, one plus one equals two: SpaceX has the infrastructure and xAI needs it. But beyond the synergy, there is another reality. SpaceX has become a solid and profitable company. It is the only one that, right now, can routinely transport astronauts to and from the International Space Station. It has become an essential piece for both NASA and the Department of Defense and, in addition, it has the aforementioned Starlink system that has crept in, perhaps too much, into the communications infrastructure of countries like Ukraine. xAI burns money. On the other hand, xAI shows the symptoms of a company focused on artificial intelligence. This valued at more than $230 billion and has raised several tens of billions in several rounds of financing, but is burning money at a rate of approximately one billion a month. This is typical, as we say, of companies in the growth phase, and the executives themselves have stated that they have plans and resources to keep spending aggressively, but everything has a limit. xAI requires enormous amounts of energy, resources, computing and is developing its own chips. All of that costs money, and putting data centers in space with existing infrastructure like Starlink’s can help ease the burden. In the economic and energy sense, it is a brilliant operation. When other technology companies want to start filling the space with their data centers, SpaceX will already be there. Morrocotudo mess. Therefore, and in the end, what Musk has done is unite a company in an aggressive investment phase with another that is solid and has established contacts with the US government. SpaceX is the highest xAI carrying vehicle and it looks like a win-win manual. Now, it’s also a tremendous mess. Because xAI is not just xAI: it is (Twitter), and now SpaceX has all that power under one umbrella. xAI manages military intelligence and we have already mentioned that Ukraine threw itself into the arms of Starlinkrelying on its infrastructure during the conflict with Russia. SpaceX is no longer just an aerospace company, it is that and much more: a brain, a social network with private data of tens of millions of people. And in a Europe that is fighting for their technological sovereignty and information protection, SpaceX can go from being a partner for a specific mission to something to look askance at. Image | The White House (edited) In Xataka | From $100 billion romance to silent divorce: NVIDIA and OpenAI’s relationship is disintegrating

He is 82 years old and has earned 746% betting on a mine that doesn’t even work

by

Canadian Eric Sprott has multiplied his investment in Hycroft Mining by eight thanks to the precious metals boom. And its stake is now worth more than $2.1 billion, despite the fact that the mine has not been operating for years. Numbers. Sprott is a veteran investor commonly recognized as the “gold magnate.” In 2022 it invested $28 million in Hycroft Mining. Today its participation exceeds 2.1 billion dollars, having achieved a profitability of 746%. The company’s shares have soared more than 425% in the last two months and have accumulated a rise of more than 1,500% since the tycoon began to expand his position last summer. A mine that does not mine. Hycroft owns an open pit deposit in northern Nevada that has been operational since the 1980s, but the company has not mined gold since 2021. Instead, it reprocesses previously mined ore that remains on the surface. Most of its reserves are underground and the company lacks a defined plan to resume mining operations. In fact, it has not generated income since 2022, when it had a turnover of just $33 million, according to data from Bloomberg. Gold and silver rally. Hycroft operates as if it were “a huge underground ETF,” according to defined Brian Quast, precious metals analyst at Bank of Montreal. Gold and silver prices have reached all-time highs over the last year, and investors are looking for any way to get exposure to this rally. Even if the mine is not operating, its reserves gain value with each rise in prices. Sprott has been defending investment in gold and silver for decades, and this bet has placed him among the few billionaires who have been able to capitalize on the current boom. From almost bankruptcy to stock market stardom. Just like account Bloomberg, Sprott’s initial investment came as Hycroft was close to insolvency. Together with AMC Entertainment, which had plenty of liquidity after the meme stock phenomenon, the Canadian ended up saving the company from its creditors with this investment. The announcement skyrocketed the shares almost 100% in the premarket, although the enthusiasm did not last long, as by the end of 2022 the value had fallen below half the entry price. Sprott sold a fifth of his position, barely recovering his investment. For three years, his bet remained stagnant while the price of gold rose without stocks following suit. Searching results. Last summer, Sprott changed strategy. Between June and January it has invested an additional $187 million to almost double its stake to exceed 40% of Hycroft’s capital. “I am doing everything possible to expand my position to the maximum,” declared in October to Tony Denaro, content creator dedicated to finance. Their move coincided with new drilling results that identified higher-quality silver deposits than expected and areas with expansion potential. AMC stared. The other major investor, who rode the wave with Sprott in 2022, was the AMC cinema chain, although it did not suffer the same fate. In December, when his Hycroft shares finally turned positive after years of losses, he sold 80% of his stake to Sprott for $24 million. Adam Aron, CEO of AMC, justified the operation ensuring that it was “the right time to monetize and reallocate capital” to its core business. Two months later, that block of shares is worth $172 million. The gold fortune. Although precious metals are on the rise, few big fortunes have been able to take advantage of the boom. According to the report UBS Global Family Offices 2025, these types of asset structures barely allocate 2% on average to precious metals. Only a few investors like Sprott or Hong Kong’s Cheah Cheng Hye have bet heavily, as share Bloomberg. For Sprott, Hycroft’s spotty track record is precisely its biggest draw, because as gold and silver prices rise, the likelihood increases that reprocessing will become increasingly profitable, opening up more possibilities for monetizing underground reserves. “You cannot find a more leveraged and significant reward,” said the investor. in the interview with Denaro. Cover image | Palisades Gold Radio and Leonie Clough In Xataka | Seven of the ten largest fortunes in the world in 2026 are due to AI: this illustrative graph makes it very clear

The United States knows that Venezuela’s subsoil is full of rare earths. The big problem is that he doesn’t know where

by

The announcement that American companies could access to Venezuela’s vast oil has reignited a much broader ambition of Donald Trump’s administration. Because the Latin American nation has something that Washington desperately seeks, something that China he has plenty. He crux It’s how and how much. Beyond crude oil. Yes, the “b” side of the North American “landing” in Venezuela also seeks to explore the mineral potential of the country as part of “the national security of the United States.” The experts they point out that, in addition to crude oil, there would be unverified reserves of critical minerals and possible large quantities of rare earths, key inputs for defense and technology. However, the lack of reliable data, doubts about economic viability and operational risks in areas with the presence of armed groups and mining illegality turn the objective into an enterprise. much more complex that the oil reopening itself, with significant environmental impacts associates to energy-intensive mining. The supply chain and the bottleneck. Even if the extraction obstacles were overcome, the decisive challenge appears in processing. The refining of rare earths is concentrated in more than 90% in Chinaa domain constructed for decades through subsidies, industrial expansion and lax environmental regulations. This position has made rare earths a sensitive point of trade tensions between Washington and Beijing, with export controls that have highlighted the fragility of American supply chains. The consensus among analysts is that this industrial and geopolitical advantage cannot be reversed quickly, so new deposits without their own refining capacity would contribute little to short-term strategic resilience. Why it is important. It we have counted other times. The classification of “critical minerals” covers a broad set of raw materials essential for the economy and security, from aluminum and copper to a specific group of 17 elements known as rare earths, essential for high-performance magnets, advanced electronics and military systems. Although these elements are not scarce in the Earth’s crust, their extraction and refining are technically demanding and expensive. In the United States there are efforts to develop domestic capabilities, but start-up times are often measured in years or decades, which explains the temptation to look for external solutions that, in practice, rarely offer immediate results. Geological potential and structural limits. It happens that, unlike other countries with confirmed reserves, Venezuela does not appear in international lists as a relevant producer of rare earths, an explained absence for decades of opacity institutional during the governments by Hugo Chavez and Nicolás Maduro. Still, the country is believed to host deposits of coltan and bauxitesources of metals considered critical such as tantalum, niobium, aluminum and gallium. Projects like the Orinoco Mining Arc They sought to capitalize on that potential, but have been marked by illicit mining, lack of investment, a shortage of qualified labor, and a volatile regulatory environment that discourages international operators. A strategic mirage in the medium term. If you like, the final evaluation of the experts is clear: although the Venezuelan subsoil may hide valuable resources, its contribution to the security of supply of the United States it would be marginal on the near horizon. Without solid geological data, without security guarantees and without processing capacity independent of the Chinese circuit, Venezuela’s mineral interest seems more an extension of the geopolitical pulse than a practical solution, at least in the short term. In that context, the American bet faces a paradox: the country offers a lot on paper, but little that can be translated into real advantages over the next decade. Image | Mauricio CampelloRawPixel In Xataka | The US did not need to shoot to enter Caracas. All it took was an invisible weapon and unexpected “help” from Russia In Xataka | While the whole world looks at oil, Venezuela’s true treasure is hidden in the basements of London: its gold

Greenland doesn’t want Denmark

by

“We don’t want to be Danes. We don’t want to be Americans.” The phrase It is from the former Prime Minister of Greenland, Mute B. Egede. And although the leader lost his position during the elections of 2025 captures well the feelings of a large part of the population of the Arctic island, an autonomous region that in practice remains linked to the Kingdom of Denmark. Polls reveal that Greenlanders they don’t like it Donald Trump’s idea of ​​becoming part of the United States, but it is that many (many) They also dream of saying goodbye to Copenhagen. The reason (as usual) must be found in history books. One figure: 85%. Polls are just that, polls, but they help us better understand how societies think. With Trump insisting in his aspirations for Greenland to remain under US control, in recent days he has dusted himself off a poll made a year ago, when the Republican (recently arrived at the White House) hinted at his interest in the Arctic island. The study, published by Berlingske and Sermitsiaqshows that 85% of Greenlanders reject the idea of ​​being part of the US. Another 9% have doubts about it and only 6% are in favor of raising the stars and stripes flag. Even Trump’s interest in Greenland divides opinion: 45% of those surveyed see it “a threat”, 43% “an opportunity”. Better with Denmark? That is one of the conclusions that could be drawn from the survey. Although Greenland is located in North America and its capital, Nuuk, is closer to New York than to Copenhagen, the island is part of the Kingdom of Denmark. If Greenlanders refuse to integrate into the US, does that mean they are comfortable with their current status? Do you like your relationship with Denmark? Another surveysomewhat older, from 2019, reveals that the answer is “no.” The study, carried out by academics from the University of Copenhagen, revealed that 67.7% of adults of Greenland hope that at some point the island will cut its ties with Denmark. A part of those interviewed would in fact support independence within a ten-year horizon and another, larger percentage, see it as feasible in the middle of the next decade. Maybe 2019 is behind us in time, but that feeling seems to be still very much alive on the island. “The shackles of colonialism”. Just a year ago the former prime minister, Mute Egede, made headlines with a speech New Year’s Day in which he floated the idea of ​​Greenland becoming independent. “History and current conditions have shown that our cooperation with the Kingdom has not managed to create full equality,” claimed the leader of the People’s Community party. “The time has come for our country to take the next step. Like other nations around the world, we must work to remove obstacles to cooperation, which we can describe as the shackles of colonialism, and move forward,” he emphasized. Egede did not manage to retain his position, but his successor, Jens-Frederick Nielsen, also represents an independence party, although from the more moderate sector. Its strategy for the moment involves strengthening ties with Copenhagen, although making it clear that as a “closest partner”. And why that feeling? Nationalist issues aside, the desire of a large part of Greenlanders to distance themselves from Denmark is explained by a very simple reason: the relationship between both territories has not always been simple. Quite the opposite. The recent past has been marred by tragic chapters which have forced the Danish authorities to apologize publicly in an attempt to heal wounds and strengthen the bond. Reviewing history. The current relationship between the Kingdom of Denmark and Greenland dates back to the 18th centurywhen the Danes they began to colonize the island, inhabited for centuries by the Inuit. In 1814 the territory officially became a Danish colony, a relationship that was redefined first in 1953 and later in 1979, when the island achieved autonomy. However, it would take several decades for Copenhagen to transfer powers to it. As recognize The Danish Executive itself, that milestone was not achieved until well into the 21st century, although the Kingdom continues to hold some key functions, such as foreign affairs, security and financial policy responsibilities. Since 2009 the island has had a autonomy statute renovated (endorsed by a vast majority of its population) that gives it the possibility of self-determination In practice, much of the island’s economy is based on the so-called “block grant”contributions from the Danish Government. Some actually believe that the Nordic welfare system supported in Denmark and the Danish contribution to island finances are crucial to keeping their link alive. The US knows it and that is probably why it considers paying between 10,000 and 100,000 dollars to every Greenlander to encourage them to ‘divorce’ Denmark, according to Reuters. Two episodes to forget. In the recent relationship between Denmark and Greenland there are two chapters that weigh especially heavily and have even eroded the image of “benign colonizers” that the Danes have had of themselves for generations. One of these episodes involves thousands of indigenous women. A 2022 research revealed that for decades, between the 60s and almost the early 90s, thousands of Inuit women were forced to use contraceptive methods, resorting to intrauterine devices that were sometimes implanted without the patients’ permission or knowledge. Some sources indicate that this Danish birth plan affected around 4,500 women (and girls) Greenlanders between 1966 and 1976. The objective: to control the growth of the Inuit population. The revelations are so alarming that a few months ago the Danish Prime Minister, Mette Frederiksen, participated in an event in Nuuk during which she apologized for “injustice and pain” caused. Closing wounds. It was not the only time that the Danish authorities have had to apologize. Years ago they did it for another turbulent chapter in the relationship between both territories: a social experiment started in the 1950s that consisted of removing Greenlandic children from their homes (sometimes under pressure) to leave them in … Read more

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.