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

How many times have you heard that Bitcoin isn’t a real currency because you can’t spend it anywhere?Bitcoin certainly has some flaws, and other cryptocurrencies may very well take its place in time. But it is the trailblazer, and early adopters are now rolling in digital dough.Contrary to popular belief, you can, in fact, spend your Bitcoin. Here are ten places to make it rain with yo...Read More

How many times have you heard that Bitcoin isn’t a real currency because you can’t spend it anywhere?Bitcoin certainly has some flaws, and other cryptocurrencies may very well take its place in time. But it is the trailblazer, and early adopters are now rolling in digital dough.Contrary to popular belief, you can, in fact, spend your Bitcoin. Here are ten places to make it rain with yo...Read More

When buying mining stocks or shares you do not own gold, you own paper. Gold mining stocks have underperformed the spot price of metal since 2010 due to mismanagement, increased debt, and exorbitant CEO salaries and bonuses. Many gold shares will not allow you to take delivery of your metals, and those that do may not have the metals on hand. Bullion provides superior security, liquidity, and weal...Read More

Not the place you would think.Read full newsRead More

Not the place you would think.Read full newsRead More

BEIRUT, LEBANON (11:43 A.M.) - An Iranian Salafist jihadist group with ties to Syria's Al-Qaeda-linked Al-Nusra Front (currently called Ha'yat Tahrir al-ShRead full newsRead More

At what point does hyperbole become fake news?Because an article on Axios decrying the ill effects of fake news starts:Donald Trump in one year has done more to discredit and diminish truth, facts and media than any other figure in our lifetime.Oh boy. Where to start? I guess the first thing is first: this is not a defense of Donald Trump. Surely he has tweeted and said many things that can be con...Read More

Vancouver-based development company Kutcho Copper Corp. (TSX Venture: KC) is closing out 2017 on a high note and looking ahead to a busy year at its Kutcho high-grade copper-zinc project in northern British Columbia.In mid-December, the company changed its name to Kutcho Copper Corp. from Desert Star Resources Ltd., and its ticker to "KC" from "DSR".Location map of Kutcho Copper’s Kutcho cop...Read More

At what point does hyperbole become fake news?Because an article on Axios decrying the ill effects of fake news starts:Donald Trump in one year has done more to discredit and diminish truth, facts and media than any other figure in our lifetime.Oh boy. Where to start? I guess the first thing is first: this is not a defense of Donald Trump. Surely he has tweeted and said many things that can be con...Read More

At what point does hyperbole become fake news?Because an article on Axios decrying the ill effects of fake news starts:Donald Trump in one year has done more to discredit and diminish truth, facts and media than any other figure in our lifetime.Oh boy. Where to start? I guess the first thing is first: this is not a defense of Donald Trump. Surely he has tweeted and said many things that can be con...Read More

The Dow Jones Industrial Average (DJIA) closed lower today, yet still finished 2017 on a high note by securing monthly and quarterly wins. For the year, the Dow tacked on 25% on its way to 71 record closes and its ninth straight month in the black -- the longest monthly winning streak in 60 years. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also faltered in thin trading today. How...Read More

The consolidation pattern in the $90-$95 area over the past three months by drug stock AbbVie (ABBV) appears very similar to that of June through July (in the $70-$75 area), which was followed by a rapid 30% rally.Reasons to believe the most recent consolidation has been completed include: support that manifested at the 50-day moving average on a pullback earlier this month; ongoing "micro-moves"...Read More

Stocks are trading mixed during the last trading day of the year. A few names making big moves are tech issue Energous Corp (NASDAQ:WATT), biotech Atara Biotherapeutics Inc (NASDAQ:ATRA), and bank stock Goldman Sachs Group Inc (NYSE:GS). Let's see what's moving shares of WATT, ATRA, and GS. WATT Stock Honeymoon Comes to an EndAfter two gigantic up days, Energous stock is trading 15.2% lower at $...Read More

Today we are taking a closer look at volatility -- specifically, what it means when there is an abundance or lack of volatility, as well as the two primary types of volatility each options trader must know. In the simplest terms, volatility is defined as the propensity of the underlying stock's market price to change in either direction... but there's much more to the topic than that. Below, we wi...Read More

by @GoldfingerEarlier in the week I wrote about one of my main themes for 2018, a rising inflation/interest rate environment. In this post I will lay out which sector I believe will do well against a backdrop of rising inflation and rising bond yields (including offering some stock picks), and I will also specify which sectors and asset classes you will want to avoid in 2018. Let's start with wh...Read More

Vehicle components supplier BorgWarner Inc. (NYSE:BWA) this morning received a price-target hike to $52 from $48 at Evercore ISI. However, the shares were last seen trading 1.6% lower at $51.27, and are set to snap a three-month win streak after pulling back from their Nov. 30 record high of $55.86. However, data suggests this recent weakness could be an opportunity to catch long-term outperformer...Read More

Despite its forays into bitcoin, payments platform Square Inc (NYSE:SQ) has struggled to translate that buzz into stock momentum. Still, Square shares have added 154% in 2017, even though they're down 2% today to trade at $34.42. The SQ pullback could be a buying opportunity, however, as it's now within one standard deviation of the 80-day moving average, a trendline that has offered support si...Read More

It's been a banner year for the U.S. stock market, even as the American social and political climates swirled with controversy. The major market indexes rallied to record highs amid the lowest volatility in years, and a strengthening economy triggered a trio of Fed rate hikes. So-called "FAANG" stocks and bitcoin were all the rage, and the CBOE Volatility Index (VIX) -- or Wall Street's "fear gaug...Read More

U.S. stocks are trading lower at midday, quickly reversing early gains. More specifically, the Dow can accredit most of its losses to Goldman Sachs (GS) and Apple (AAPL) stocks, the latter of which is lower after the company apologized for slowing older iPhones. The major market indexes are still pacing for their best year since 2013, however, with the Dow eyeing its longest monthly win streak in...Read More

Online streaming subscription service Netflix, Inc. (NASDAQ:NFLX) is making headlines today after the company revealed in an SEC filing yesterday evening that it will be increasing compensation for its top executives in 2018, after the new tax law goes into effect. With NFLX no longer able to take advantage of deductions for performance-based bonuses, many C-suite members are getting a boost to th...Read More