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

Drug stocks are in focus this morning, including sector partners Celgene Corporation (NASDAQ:CELG) and bluebird bio Inc (NASDAQ:BLUE). The pair reported positive data on their co-developed CAR-T drug -- designed to treat patients with advanced multiple myeloma -- with 94% of patients responding to the treatment, and over half remaining in complete remission. "This is unheard of, something that we...Read More

Solar stocks are gearing up for a strong close to 2017. This morning, shares of alternative energy names, First Solar, Inc. (NASDAQ:FSLR) and SunPower Corporation (NASDAQ:SPWR) are surging after being upgraded to "outperform" from "neutral" at Baird. Below, we will take a closer look at these bullish brokerage notes, and see how the stocks are performing. First Solar Stock is Baird's 'Top Sector...Read More

Software company Adobe Systems Incorporated (NASDAQ:ADBE) is set to report earnings after the close on Thursday, and bullish expectations are building ahead of the event. Just this morning, for example, RBC raised its price target to $179 from $177, helping ADBE stock pick up 0.4% to trade at $174.27. Most analysts are already very bullish, with 19 of 23 handing out "strong buy" ratings, and opti...Read More

Bitcoin futures began trading on the Cboe Global Markets Inc (NASDAQ:CBOE) last night under the symbol XBT. The contracts attracted such heavy volume that trading had to temporarily be halted, while CBOE's website underwent delays and outages. Shares of CBOE are trading higher this morning, as are Square Inc (NYSE:SQ) and Overstock.com Inc (NASDAQ:OSTK) -- two stocks with exposure to the cryptocur...Read More

Dow Jones Industrial Average (DJIA) futures are trading above fair value this morning, as stocks try to build off Friday's strong session. In focus today are newly released bitcoin futures, which soared in their debut, resulting in a temporary halt in trading. Investors are also monitoring headlines of an explosion near Times Square in New York City. Looking ahead, the Labor Department's Job Openi...Read More

"If fed funds futures traders are correct, and if past is prologue, bulls should welcome the FOMC standing pat this week... [there's] a propensity for stocks to rally in the short term following FOMC decisions to hold rates steady, with a bias toward broad-market weakness in the immediate days and weeks following a rate hike." -- Monday Morning Outlook, October 30, 2017"For now, the short-te...Read More

Pretium Resources (TSE:PVG) was the only one of our gold stocks in positive territory over the past two monthsThis Content is Exclusive to Our MembersLogin belowRegisterLost your password?The Ubika Gold 20 Index fell 10% since our last report dated October 10, 2017, underperforming its benchmarks, the Gold Spot price and the Global Gold Index which returned, -3.1% and -8.2%, respectively. Notable...Read More

OverviewPolarX is an advanced ASX-listed mineral exploration company. The recently formed PolarX brings together a suite of exciting copper and copper-gold assets in Alaska.  High grade existing resources and numerous large, unexplored advanced targets, within a 35km mineralised belt, are now under PolarX's control and direction.Exploration Highlights - Upside PotentialThe ~2,000m core drilli...Read More

Shares of Garibaldi Resources Corp. [GGI-TSXV, GGIFF-OTC] retreated Monday December 11 as investors continued to assess drilling results from its 100%-owned E&L Project at the Nickel Mountain property near Eskay Creek in the Golden Triangle region of northwest British Columbia.On December 8, 2017, the company said Discovery Hole EL-17-14 returned a 40.4-metre mineralized zone, featuring a mass...Read More

I wouldn’t invite the Amazon Echo or the Google Home into my home.These smart speakers listen to everything that happens around them. Ostensibly this is to make shopping, playing music, and finding information easy. But the internet of things presents way too many risks to our privacy.Internet-connected technologies are already used to incriminate their owners in court. And that is the main...Read More

I wouldn’t invite the Amazon Echo or the Google Home into my home.These smart speakers listen to everything that happens around them. Ostensibly this is to make shopping, playing music, and finding information easy. But the internet of things presents way too many risks to our privacy.Internet-connected technologies are already used to incriminate their owners in court. And that is the main...Read More

Even if the news is dripping with errors, boiling with bias, and presenting a false narrative, it is important to trust them.That’s what media outlets are saying in response to multiple melt-downs this week. They just can’t seem to get the facts straight… or stop themselves from lying.Obviously, Trump is going to call them out on this. Is anyone surprised?But some people think th...Read More

Even if the news is dripping with errors, boiling with bias, and presenting a false narrative, it is important to trust them.That’s what media outlets are saying in response to multiple melt-downs this week. They just can’t seem to get the facts straight… or stop themselves from lying.Obviously, Trump is going to call them out on this. Is anyone surprised?But some people think th...Read More

The U.S. government plans to spew occupying forces far and wide within the United States.Or… The U.S. government will distribute the income of the bureaucratic class across distressed regions of the country.Are they spreading the wealth, or spreading the swamp?The government’s definition of decentralizing is certainly not the same as ours. They think moving government agencies’...Read More

The U.S. government plans to spew occupying forces far and wide within the United States.Or… The U.S. government will distribute the income of the bureaucratic class across distressed regions of the country.Are they spreading the wealth, or spreading the swamp?The government’s definition of decentralizing is certainly not the same as ours. They think moving government agencies’...Read More

Here’s an update on my latest trades for the week ending on December 8, 2017.SOLD 20,000 shares of Bear Creek Mining (BCM.V) @ C$2.07/share Bought 15,000 shares of Erdene Resources (ERD.TO) @ C$0.48/share SOLD 100,000 shares of AVZ Minerals (AVZ.AX) @ A$0.22/share Bought 85,000 shares of Nzuri Copper (NZC.AX) @ A$0.265/share Bought 10,000 shares of Almaden Minerals (AMM.TO) @ C$0.9...Read More

The Dow Jones Industrial Average (DJIA) finished higher today, riding a stronger-than-expected jobs report to athird straight weekly win and a record closing high. Markets also cheered the signing of a short-term spending bill that postponed a government shutdown for two weeks. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also closed in the black, although only the former was able to ek...Read More

U.S. stocks are having a strong day after this morning's jobs report. Among the names making big moves are drug stocks SteadyMed Ltd (NASDAQ:STDY), Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and La Jolla Pharmaceutical Company (NASDAQ:LJPC). Here's a quick look at what's moving shares of STDY, TEVA, and LJPC. SteadyMed Stock Takes OffSteadyMed stock has added 14.5% to trade at $3.55, thanks t...Read More

It's a big day for biotechs, with Denali Therapeutics (DNLI) debuting on the Nasdaq above its initial public offering price (IPO), and Sage Therapeutics (SAGE) continuing to hit record highs. Amid these sector tailwinds, the iShares Nasdaq Biotechnology ETF (IBB) is up 2.1% to trade at $106.29 -- extending its bounce off a key trendline. Here's a closer look at IBB, and how options traders have be...Read More

It's been a crazy couple of weeks for the stock market, amid concerns about tax reform, tech stocks, and a government shutdown. Meanwhile, next week will bring us the launch of bitcoin futures and a possible Fed rate hike. While Schaeffer's Senior V.P. of Research Todd Salamone suggests traders "continue to use call options to participate in the record-breaking equity rally," below are a couple of...Read More