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

DraftKings turned in a fine 4Q22 with revenues up and losses down. DKNG stock spiked 15.3% on the news to $20. Click here for our take on DKNG now.Read full newsRead More

German car manufacturers BMW, Mercedes, and Volkswagen are undervalued. Click here to read why I consider all three German car manufacturers a Buy.Read full newsRead More

Healthy Green Group Holding has filed to raise $17 million in a U.S. IPO. It operates a network of Hong Kong grocery stores. Click for our take on HGRN stock.Read full newsRead More

Recent 13F disclosure shows that Li Lu's Himalaya Capital Management added a substantial amount of Google shares. Click here for our takeaway of GOOG stock.Read full newsRead More

Amdocs is at an inflection point and is seeing accelerating revenue growth due to the increase in telco spend. Click here to see our take on DOX stock.Read full newsRead More

Calamos Strategic Total Return Fund (CSQ) generates a strong yield and equally high annual average total return. See why I'm neutral on the fund.Read full newsRead More

Shipping provides the most efficient way of transporting bulk commodities over long distances and is thus a very important link in the chain of the World economy.Read full newsRead More

Host Hotels & Resorts saw strong recovery in overall RevPAR. HST revenue growth could increasingly plateau in the face of higher prices. Read more here.Read full newsRead More

The Goldman Sachs Group has tried to change its business model to produce steady, more consistent results. Has GS succeeded? Click here to read more.Read full newsRead More

Costamare is diversified across dry bulk and container markets and across different vessel types. See why investors could consider a long position in CMRE stock.Read full newsRead More

Value investing is one of the oldest investment styles. The original idea remains unchanged: cheap stocks tend to outperform expensive ones. Click for my analysis.Read full newsRead More

We share data on 40 big-yield preferred stock ETFs and CEFs, including a special focus on the popular ETF, PFF (current yield is 5.8%).Read full newsRead More

The following slide deck was published by Temenos AG in conjunction with their 2022 Q4 earnings call.Read full newsRead More

Bridgewater Bancshares' stock price appears overvalued and does not reflect its intrinsic value. Click here to read why I recommend a hold rating on BWB stock.Read full newsRead More

Dropbox fell 11% in Friday's trading following the 4Q22 results release. Click here to read our analysis and why we think DBX stock is a buy.Read full newsRead More

Vanguard's Consumer Staples ETF is a relatively low-cost sleep well at night fund that can be a shelter during market volatility. Click for our VDC analysis.Read full newsRead More

The following slide deck was published by Lazard Ltd in conjunction with their 2022 Q4 earnings call.Read full newsRead More

Prologis has proven that it can deliver great results and grow its portfolio. Click here to read my analysis of PLD stock and why it's a hold.Read full newsRead More

The following slide deck was published by Intercontinental Exchange, Inc.Read full newsRead More

UnitedHealth Group's recent drawdown presents a lucrative investment opportunity to value-seeking investors. Read for a full investment analysis of UNH stock.Read full newsRead More