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

The Federal Open Market Committee (FOMC) kicks off its highly anticipated December meeting today, with the central bank widely expected to announce a rate hike tomorrow. Against this backdrop, we decided to take a look at some of the worst stocks to own when the Fed hikes interest rates, with banking concern Bank of America Corp (NYSE:BAC) and Dow component Cisco Systems, Inc. (NASDAQ:CSCO)...Read More

U.S. stocks are higher at midday, though the Dow Jones Industrial Average (DJIA) is taking a notable lead. Lifting the blue-chip index to a triple-digit gain is a dividend hike from Boeing (BA) and upbeat analyst attention for Verizon Communications (VZ) stock. Bank stocks are also on the rise as the Fed meeting kicks off, with the central bank expected to announce a rate hike tomorrow -- and tod...Read More

Payment processor VeriFone Systems Inc (NYSE:PAY) is scheduled to report earnings after the close today, and investors are hoping for a post-earnings reaction similar to last December's report, when the stock jumped 8.6% in the session afterward. Ahead of tonight's event, options traders are pricing in extremely high volatility expectations for PAY shares, which are trading around key technical l...Read More

The Federal Open Market Committee (FOMC) kicks off its two-day policy meeting today, with the central bank widely expected to announce a rate hike tomorrow. Against this backdrop, we decided to take a look at some of the best stocks to own when the Fed hikes interest rates, with semiconductor stock Advanced Micro Devices, Inc. (NASDAQ:AMD) and payment technology concern PayPal Holdings Inc (NASDAQ...Read More

Ticketmaster parent Live Nation Entertainment, Inc. (NYSE:LYV) has been a major outperformer in 2017, adding over 63% year-to-date. The shares notched a record high at the end of November, and have since pulled back to the 80-day moving average, which historically has been a bullish signal. With LYV seemingly bouncing from this trendline once again, it could be a good time to bet on its next leg h...Read More

Drug stocks have put in a strong performance in 2017, and analysts are taking note. This morning, the shares of biotechs Mylan N.V. (NASDAQ:MYL) and Sarepta Therapeutics Inc (NASDAQ:SRPT) are enjoying some bullish analyst attention. Below, we will take a closer look at these bullish brokerage notes, and see how the stocks are reacting. Mylan Stock is Guggenheim's 'Top Pick'Guggenheim initiated c...Read More

J.P. Morgan Securities this morning released a bullish note on the aerospace and defense sectors, citing what it sees as reasonable valuations in the group compared to the broader market, and expectations that the U.S. defense budget will grow meaningfully in 2018. Three stocks mentioned by the analysts are Boeing Co (NYSE:BA), Northrop Grumman Corporation (NYSE:NOC), and Lockheed Martin Corporat...Read More

Brokerage firm Needham said FAANG stock and social media powerhouse Facebook, Inc. (NASDAQ:FB) will remain one of its top stock picks in 2018, reiterating a "buy" endorsement and $215 price target -- in uncharted territory for FB stock. Further, notable tech investor Paul Meeks said he expects FAANG stocks to "continue to outperform" over the next year, regardless of the overall market climate, a...Read More

Goldman Sachs raised its rating on Activision Blizzard, Inc. (NASDAQ:ATVI) to "buy" from "neutral," saying the video game stock gives traders the opportunity to own a "high-quality asset at a discounted price relative to its peers." The brokerage firm also increased its 2019 and 2020 estimates for Activision on strong expectations for the company's pipeline, and lifted its price target on the secu...Read More

Stocks are set to build off Monday's record-setting session, with Dow Jones Industrial Average (DJIA) futures trading well above fair value. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are signaling higher opens as well, as investors prepare for today's Fed meeting, which is widely expected to result in a decision to raise interest rates tomorrow. Elsewhere, the producer price index (PPI) f...Read More

Kovacevic is a well-known commentator in the mining industry; his bullish copper talks are in demand on the conference circuit where he promotes the red metal as the energy- and technology-agnostic material for which demand will continue to rise however humans decide to power and transport themselves.Read More

Palisade Research December 12, 2017 Category: Research With core like this, it's no surprise Mexican Gold released another barn-burner of an assay at the Eldorado/Juan Bran zone.The much-anticipated LM-17-ED- 41 yielded 14 meters of 7.18 g/t Au Eq. . . While not as eye catching as LM-17-ED-40's 38 meters of 9.24 g/t AuEq, this hole is very important for a couple reasons. . . 1.) It was drilled v...Read More

The Dow Jones Industrial Average (DJIA) finished higher today for another record close, shaking off early struggles after the attempted suicide bombing near Times Square in New York City. A strong day from energy and tech stocks drove the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) higher, with the former also netting a record close and the latter notching a four-day winning streak. Bitco...Read More

Shares of Xunlei Ltd (NASDAQ:XNET) are soaring today, as Cboe Global Markets' (CBOE) launch of bitcoin futures lifts stocks with cryptocurrency exposure. At last check, XNET stock was up 23.8% at $14.83, and bullish options trading was picking up the pace.Heading into the final 30-minute stretch of today's trading, 8,003 calls and 3,952 puts were on the tape in XNET's options pits -- 1.6 times the...Read More

Shares of BlackBerry Ltd (NYSE:BB) are up 3% at $10.55, at last check, but have pulled back since touching a two-year high of $11.78 in mid-October. However, the smartphone maker's recent dip could be a buying opportunity, if recent history repeats. Below, we'll explain why BB stock should be on your bullish radar.BlackBerry stock recently came within one standard deviation of its 160-day moving...Read More

U.S. stocks are holding modest gains this afternoon, with the Dow and S&P 500 Index eyeing record closes. Among the names making big moves are agriculture technology specialist Yield10 Bioscience Inc (NASDAQ:YTEN), gene therapy stock Spark Therapeutics Inc (NASDAQ:ONCE), and biotech Syros Pharmaceuticals Inc (NASDAQ:SYRS). Here's a quick look at what's moving shares of YTEN, ONCE, and SYRS. Monsa...Read More

Bitcoin futures began trading on the Cboe Global Markets exchange under the code XBT -- bringing more attention to the surging cryptocurrency. At last check, the January contract was trading near $17,970, after climbing as high as $18,850 earlier. The March contract, meanwhile, reached as high as $19,330, before scaling back to its present perch at $18,390. The volume has helped lift the value of...Read More

Bitcoin futures have made quite a splash, with surging demand for the cryptocurrency halting trading and temporarily shutteringCBOE's website earlier. In fact, two fund firms have reportedly already asked regulators for permission to launch an ETF on the digital currency. While Cboe Global Markets Inc (NASDAQ:CBOE) and other Bitcoin-related stocks are in focus today, one equity will likely capture...Read More

The 20 stocks listed in the table below have attracted the highest total options volume during the past 10 trading days. Stocks highlighted in yellow are new entries to the list. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names to note are biotech stocks Valeant Pharmaceuticals International, Inc. (NYSE:VRX) and Teva Pharmaceutical Industries Ltd (NYSE:TEVA). Be...Read More

U.S. stocks are modestly higher at midday, though the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are off their session peaks. Still, the DJIA and SPX are aiming for another record close. The reported attempted suicide bombing at Times Square in New York City took some of the wind out of the bulls' sails, but a strong day for drug and tech stocks is lifti...Read More