The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More

The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More

This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More

Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More

Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More

Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More

The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More

In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More

Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More

Paramount Resources owns the rig drilling subsidiary. It has at times served as a mutual fund of oil and gas companies. Click for more on PRMRF stock.Read full newsRead More

Enterprise Products Partners and CVS Health are some of the most impressive cash cows in the market. Click here to read more.Read full newsRead More

In general terms, high-yield bonds and bond funds look reasonably priced, including iShares iBoxx $ High Yield Corporate Bond ETF. Read more about HYG here.Read full newsRead More

Invesco S&P 500 BuyWrite ETF is a buy-write fund in the ETF format. Click here to read my analysis of PBP ETF.Read full newsRead More

Shares of Pinterest have risen with the technology sector in recent months in anticipation of cost-cutting efforts. Click here for our current take on PINS.Read full newsRead More

New Mountain Finance currently has a dividend yield of 10.6% after increasing its payout to $0.32 per share. Click here to read my analysis of NMFC stock.Read full newsRead More

Special Opportunities Fund targets special situations like undervalued companies, distressed assets, etc. that are discounted. Click here for our take on the SPE CEF.Read full newsRead More

Shopify rallied nearly 100% since last October and still has ample expansion opportunities in the massive and growing e-commerce market. Learn why I rate SHOP as a hold.Read full newsRead More

Monetary policy hasn't been this opposed to the business cycle signals in the last 50 years. Click here to read more about the signals of recession.Read full newsRead More

If Shopify grows as assumed, probably not much will happen to the stock, but if it disappoints, it could crash. Click here to read more of my analysis of SHOP.Read full newsRead More

In this post, I'll begin to explain the process I use to uncover quality dividend stocks, which starts with a review of their dividend and profit track records.Read full newsRead More

NIO Inc. reported mixed March monthly vehicle deliveries of 10,378. Click here for our take on NIO stock prospects with reference to Tesla performance.Read full newsRead More

JPMorgan U.S. Quality Factor ETF invests in Russell 1000 stocks selected for profitability, earnings quality, and solvency. Click here for more on the JQUA ETF.Read full newsRead More

Schwab is a deep cyclical business with highly fluctuating earnings, so earnings should not be used for valuation. Read more about SCHW here.Read full newsRead More

With elevated T-Bill yields and money market rates, SHY is not as appealing. Read more about iShares 1-3 Year Treasury Bond ETF here.Read full newsRead More

2022 has been a disastrous year for Amazon, both fundamentally and for the stock price. Read why I rate AMZN stock a strong buy.Read full newsRead More

USCF Midstream Energy Income Fund ETF is an active exchange-traded fund focused on energy infrastructure companies. Click here for more on UMI.Read full newsRead More

Preferred closed-end funds have struggled in the last year as interest rates were increasing rapidly and driving up yields. Click here to read more about the preferred closed-end fund space.Read full newsRead More

Disappointingly, again Martin Midstream Partners was impacted by unfavorable market conditions during the fourth quarter of 2022. Read more about MMLP here.Read full newsRead More

WisdomTree Total Dividend ETF is a solid but ultimately unnecessary fund for dividend investors. Click here to read my analysis of DTD ETF.Read full newsRead More