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

American Express Company (NYSE:NYSE:AXP) KBW Fintech Payments Conference Call February 28, 2023 10:15 AM ETCompany ParticipantsJeffrey Campbell - Chief Financial OfficerConference Call...Read full newsRead More

Freeport-McMoRan, Inc. (NYSE:NYSE:FCX) BMO Global Metals & Mining Conference February 27, 2023 10:30 AM ETCompany ParticipantsRichard Adkerson - Chairman & CEOConference Call...Read full newsRead More

I've been emphasizing recently that when yields peak and fall, so goes the DXY, and monetary metals and miners go north in a big way.Read full newsRead More

John's retirement accounts generated a total of $2,176.19 of dividend income for January 2023 vs. $1,904.00 for January 2022. Click for a full update for January.Read full newsRead More

Sarepta Therapeutics recently report their Q4 and full-year 2022 earnings with a minor miss on EPS and a solid beat on revenue. Read more about SRPT here.Read full newsRead More

REITs sold off hard recently due to rising interest rates. But for multiple reasons, REITs are not nearly as hurt by rising interest rates as panicky market seems to think. Read more here.Read full newsRead More

REITs are priced at the lowest valuations in years; even high-quality REITs trade at large discounts to NAV. Read more to see the blue-chips we are buying.Read full newsRead More

Listen on the go! A daily podcast of Wall Street Breakfast will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify.Read full newsRead More

BX is the leading global alternative asset manager. Rumblings on Capitol Hill indicate that Uncle Sam may give BX shareholders a huge gift. Read more here.Read full newsRead More

Comcast continues to trade at a well-below-average valuation. Learn what investors today see on CMCSA stock.Read full newsRead More

iShares Morningstar Large-Cap Value ETF implements a strategy similar to the S&P 500 Value Index. Click here to see whether ILCV is a Buy.Read full newsRead More

Just one small IPO and one SPAC began trading this past week. Two small IPOs submitted initial filings. The first SPAC IPO to upsize since March 2022, SilverBox III raised $120 million.Read full newsRead More

While both the long and short leading market timeframes remain negative, coincident indicators have stabilized. Click here for my full analysis.Read full newsRead More

I initiated an Arbor Realty Trust position for my Seeking Alpha Income Investing Group in our Quality High-yield Income portfolio. Click here for more on ABR.Read full newsRead More

Intel just slashed its dividend by 66%. It was the first dividend cut since INTC began paying one 31 years ago. Click here for 2 alternative picks!Read full newsRead More

HPE has been able to increase its revenue and earnings outlook for FY23/24 due to better-than-expected performance in F1Q and F2Q, favorable FX, and resilient orders. Read more here.Read full newsRead More

Lee Enterprises, Incorporated (NASDAQ:NASDAQ:LEE) Q1 2023 Earnings Conference Call March 2, 2023 10:00 AM ETCompany ParticipantsJosh Rinehults - Vice President, FinanceKevin Mowbray -...Read full newsRead More

Russia's "special military operation" was supposed to last only days, but we are now into its second year. What's next? Click here to find out.Read full newsRead More

Albemarle Corp (NYSE:NYSE:ALB) BMO Global Metals & Mining Conference February 27, 2023 1:30 PM ETCompany ParticipantsJerry Masters - Chairman, President & CEOEric Norris -...Read full newsRead More

Procter & Gamble's future growth prospects appear limited due to a heavy overreliance on mature brands and growing competition. Find out why I rate PG stock a sell.Read full newsRead More