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

2017 is winding down and the holidays are right around the corner. In the investing world, with the end of the calendar year also comes several seasonal trends that traders can take advantage of. Two examples are the Santa Claus Rally and window dressing. So, how can traders capitalize on these trends in the upcoming weeks? To answer that question and more, I spoke with Schaeffer's Senior Quantita...Read More

Chip giant Advanced Micro Devices, Inc. (NYSE:AMD) is getting hammered today in sympathy withcryptocurrency stocks. AMD is off 3.7% to trade at $10.48, as the steep multi-session collapse in bitcoin prices has raised concerns that a surge in chip demand spurred by bitcoin mining could fade as quickly as it appeared.In response, AMD put volume has surged today. Over 71,000 puts have changed hands s...Read More

The Republican tax plan and bitcoin/blockchain continued to dominate headlines this week, while traders also kept an eye on Congress's attempts to avoid a government shutdown. The Dow Jones Industrial Average (DJIA) on Monday notched its 70th all-time closing high of 2017, tying 1995 for the record, but so far has failed to make history the rest of the week. Against this backdrop, the collective o...Read More

Stocks are trading lower ahead of the long holiday weekend. Among the names making the biggest moves are Dow component UnitedHealth Group Inc (NYSE:UNH), as well as drug stocks Celgene Corporation (NASDAQ:CELG) and La Jolla Pharmaceutical Company (NASDAQ:LJPC). Here's a quick look at what's moving shares of UNH, CELG, and LJPC. UNH Stock Breaches 20-Day On M&A NewsUnitedHealth stock is down 1% tod...Read More

Weight Watchers International, Inc. (NYSE:WTW) is flying high today, with some speculating that a short squeeze may be underway. Whatever the reason, WTW shares were last seen trading up 8.7% at $51.57, and options traders are blasting the stock ahead of an onslaught of New Year's resolutions.Roughly 6,000 calls and 3,800 puts have traded on Weight Watchers stock so far -- nearly six times what's...Read More

U.S. stocks are trading in a tight range ahead of the Christmas holiday, with the Dow Jones Industrial Average (DJIA) last seen modestly lower on a negative earnings reaction for Nike (NKE). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also below breakeven, following lackluster economic data that includes a smaller-than-expected rise in durable goods orders last month and a lower-than-f...Read More

The U.S. stock market is on track for a weekly win ahead of the long holiday weekend, and the S&P 500 Index (SPX) could seen even bigger gains during Christmas week, if history is any guide. And while this pair of real estate stocks tends to outperform alongside the SPX, streaming name Netflix, Inc. (NASDAQ:NFLX) is one of the worst stocks to own during the week of Christmas. Here's a closer look...Read More

Pizza delivery chain Papa John's International, Inc. (NASDAQ:PZZA) is in focus this morning, after the company announced late Thursday that company founder John Schnatter is stepping down from the CEO role, with Steve Ritchie -- the company's current chief operating officer -- set to take his place effective Jan.1. Schnatter will remain in his role as chairman of the Louisville-based company. In...Read More

Brokerage firm KBW hiked its price targets on two homebuilder stocks today. Specifically, the firm lifted its target on KB Home (NYSE:KBH) shares to $33 from $31, and hiked its price target on Lennar Corporation (NYSE:LEN) stock to $74 from $70. Both of the revised targets represent new-high territory for KBH and LEN. Below, we'll take a closer look at the pair of homebuilders -- and reveal which...Read More

World Wrestling Entertainment, Inc. (NYSE:WWE) CEO Vince McMahon has sold roughly 3.3 million shares, worth about $100 million, to fund a new entity named Alpha Entertainment LLC, according to a recent Securities and Exchange Commission (SEC) filing. The filing also said Alpha Entertainment plans to "explore investments opportunities... including professional football." As such, WWE stock as shed...Read More

The bitcoin bubble appears to be popping, with the cryptocurrency down almost 28% at last check on CoinDesk -- to trade at its lowest level since Dec. 6, and on track for its fourth straight drop. The sharp selloff is weighing on a number of bitcoin-exposed stocks in early trading, including finance firm Longfin Corp (NASDAQ:LFIN), beverage maker Long Island Iced Tea Corp (NASDAQ:LTEA), and blockc...Read More

Ahead of the long Christmas weekend, U.S. stock futures are searching for direction this morning. Just a day after Congress passed the GOP's tax bill, the House voted to approve a spending bill to avoid a government shutdown this weekend. Traders will also digest the latest economic data. Namely, personal income and durable goods orders both fell short of estimates for November, while the Universi...Read More

AMOS, QUEBEC - Over the last four decades, a series of owners have carved out a resource of nearly three million ounces of gold below the 30 metres of overburden that blankets the Douay project in the Abitibi greenstone belt of northwestern Quebec.But the structures controlling the distribution of that gold - 2.8 million inferred ounces from 83.33 million tonnes grading 1.05 grams gold per tonne -...Read More

Parenting for Freedom article series: This is the second in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.In my previous article, I talked about how parenting is a sentence. It is served by parents to their children for the "crime"...Read More

Parenting for Freedom article series: This is the second in a series of articles that analyzes how freedom-loving people can align their parenting with their political philosophy, and how doing so will allow ideas about personal liberty to carry on to the next generation.In my previous article, I talked about how parenting is a sentence. It is served by parents to their children for the "crime"...Read More

The Dow Jones Industrial Average (DJIA) finished higher today, but ended well off its intraday peak -- and fell short of a record-setting 71st all-time closing high for 2017. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also finished in the black, led by energy and bank stocks. Traders cheered pledges by big-cap companies to boost wages after the Republican tax plan, and the focus...Read More

Subscribers to Schaeffer's Leverage service nearly tripled their money on our Nike Inc (NYSE:NKE) December 52.50 call recommendation. Here's a closer look at what initially drew us to NKE stock, and how the successful options trade unfolded.When we recommended the call option on Monday, Nov. 6, Nike stock was trading near $56. The shares had recently broken out above the $55 level -- home to NKE'...Read More

With tax reform all but guaranteed, not to mention bitcoin attracting a fresh set of investors, optimism on Wall Street has hit fever pitch. In fact, the American Association of Individual Investors (AAII) poll recorded its fifth straight increase in bullish respondents -- sending up a sentiment signal not seen in five years, according to Schaeffer's Quantitative Analyst Chris Prybal. Below, we ex...Read More

Financial stock Voya Financial Inc (NYSE:VOYA) is rallying to record highs today, and options volume is surging as a result. Call volume has hit the highest point in at least a year, with roughly 11,500 contracts traded -- blowing past the former 52-week high of 4,248 from April. In fact, call open interest on VOYA stood at just 8,994 before today. The most popular option by far is the May 55 call...Read More

Stocks are pushing higher today after a number of companies promised to use tax savings to increase worker wages. Among the names making the biggest moves are retailer Bed Bath & Beyond Inc. (NASDAQ:BBBY), utility stock PG&E Corporation (NYSE:PCG), and drink producer Long Island Iced Tea Corp (NASDAQ:LTEA). Here's a quick look at what's moving shares of BBBY, PCG, and LTEA. BBBY Stock Short Sal...Read More