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

Shares of Valeant Pharmaceuticals International, Inc. (NYSE:VRX) are soaring today, with Trade-Alert pointing to optimism ahead of the Food and Drug Administration's (FDA) PDUFA action date for Luminesse, Bausch + Lomb's over-the-counter eye redness treatment. Whatever the reason, VRX stock is up 10% at $19.39 -- fresh off an annual high of $19.44 -- and option volume is popping.At last check, 123...Read More

It was a roller-coaster week on Wall Street, with the major market indexes experiencing their fair share of slumps, losing streaks, rebounds, and record highs. Encouragement over the Republican tax plan lifted most stocks early in the week, but another tech stock sell-off caught Wall Street off-guard. However, the tech sector ultimately rebounded, and aided by some upbeat economic and political ne...Read More

Since gapping to a record high of $86.20 in late October, the shares of Microsoft Corporation (NASDAQ:MSFT) have been relatively range-bound. However, in the wake of the recent pullback in tech stocks, MSFT stock could be flashing a big "buy." Below, we'll take a look at the technical signal that's preceded pops for the blue-chip stock in recent history.MSFT stock recently came within one standard...Read More

U.S. stocks are trading higher, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX),and Nasdaq Composite (IXIC) getting a lift from the stronger-than-forecast nonfarm payrolls report for November. The U.S. economy gained 228,000 jobs last month, while the unemployment rate stayed at a low 4.1%. Combined with the passage of a two-week funding bill to stave off a government shutdown,...Read More

Capital Ideas Media publisher Mark Bunting talks to Siyata Mobile (TSX-V:SIM | OTCQX: SYATF) CEO Marc Seelenfreund, who gives the first live demonstration of the company's innovative, new flagship communications system for commercial vehicles that will hit the market in the first half of 2018."There are over 13 million commercial vehicles in United States and Canada, we sell not only in Nort...Read More

Ahead of the company's launch of bitcoin futures on Sunday, Cboe Global Markets Inc (NASDAQ:CBOE) continues to trade near Monday's record high of $127.78, last seen 0.5% higher at $124.82. But even as the cryptocurrency storms to record high after record high, a number of high-profile Wall Street firms are actively opposing bitcoin, such as banks JPMorgan Chase (JPM) and Citigroup (C). Meanwhile,...Read More

Universal Display Corporation (NASDAQ:OLED) is trading 7.3% higher at $179.60, after the company inked a deal with China's BOE Technology to develop and supply organic light-emitting diode (OLED) technology. Analysts like the arrangement, as Deutsche Bank and Susquehanna raised their respective price targets to $190 and $195, and Cowen weighed in by saying it believes 2018 should be another strong...Read More

Firearm stocks are on the move today, after American Outdoor Brands Corp (NASDAQ:AOBC) unveiled a disappointing earnings and revenue forecast -- and the resulting sell-off in AOBC, formerly known as Smith & Wesson, has extended to sector peer Sturm Ruger & Company Inc (NYSE:RGR). Both AOBC and RGR are trading sharply lower this morning, bucking an upside bias for the major equity indexes.Weak Outl...Read More

Bank stocks are in focus today, after global bank regulators gave the sector a post-recession win in the final Basel III agreement, which found "no significant increase" of capital requirements for financial institutions was needed. Additionally, this morning's strong U.S. jobs data helps strengthen the case for a possible rate hike at next week's Fed meeting. Among the names to watch today are Ba...Read More

Shares of Micron Technology, Inc. (NASDAQ:MU) are up 2.2% in electronic trading, after Susquehanna raised its price target on the chip stock to $60 from $54 -- representing expected upside of 39% to last night's close at $43.20, and sitting in territory not charted since September 2000. The brokerage firm also raised its fiscal 2018 profit estimate ahead of the company's fiscal first-quarter earni...Read More

It's shaping up to be another big day on Wall Street, with stock futures broadly trading above fair value. Investors this morning are reacting to the nonfarm payrolls report for November, which revealed an increase of 228,000 jobs, topping estimates of 200,000. However, wage growth for the period disappointed. Traders should stay focused on the economic schedule, too, since the University of Michi...Read More

"You gotta remember, establishment, it's just a name for evil. The monster doesn't care whether it kills all the students or whether there's a revolution. It's not thinking logically, it's out of control."-John Lennon (1969)Militant nonviolent resistance works.Peaceful, prolonged protests work.Mass movements with huge numbers of participants work.Yes, America, it is possible to use occupations an...Read More

"You gotta remember, establishment, it's just a name for evil. The monster doesn't care whether it kills all the students or whether there's a revolution. It's not thinking logically, it's out of control."-John Lennon (1969)Militant nonviolent resistance works.Peaceful, prolonged protests work.Mass movements with huge numbers of participants work.Yes, America, it is possible to use occupations an...Read More

The Dow Jones Industrial Average (DJIA) finished higher today, climbing more than 120 points at its session peak, before settling with a more modest gain. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also closed in the black, thanks to a continued rebound from tech stocks, snapping the SPX's longest losing streak in nine months. Markets continue to eye Washington, D.C., for any clues abo...Read More

U.S. stocks are trading higher, thanks to outperforming tech stocks. Among the names making big moves are burger chain Shake Shack Inc (NYSE:SHAK), semiconductor company Lam Research Corporation (NASDAQ:LRCX), and retail giant Sears Holdings Corp (NASDAQ:SHLD). Here's a quick look at what's moving shares of SHAK, LRCX, and SHLD.SHAK Shorts Feeling the Squeeze Shares of Shake Shack are soaring a...Read More

While tech stocks are leading the charge higher today, last week things went a bit topsy-turvy, as one of the best sectors of 2017 took a spill. Not only did it send up an alarm that sounded before the dot-com bubble burst, but Nasdaq-100 Index (NDX) buying climaxes spiked to the highest in nearly six months. Below, we'll take a look at tech-sector performance after these signals, and how stocks c...Read More

Shares of Overstock.com Inc (NASDAQ:OSTK) are soaring today, as bitcoin surges past the $16,000 level. This isn't the first time the retail stock has gotten a lift from the cryptocurrency, with OSTK gapping higher throughout September and October on news the company's subsidiary tZERO, would start a digital coin exchange. The retailer also accepts bitcoin payments. At last check, the equity was up...Read More

Bank stocks are poised for a December to remember, thanks to lawmakers' progress on a business-friendly Republican tax plan and an expected Fed rate hike next week. Within the sector, Citigroup Inc (NYSE:C) looks particularly compelling, as the shares embark on their latest rally from a historically significant moving average -- and test their footing at a major "round-number" level. Citigroup st...Read More

U.S. stocks are trading higher this afternoon, with the Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) erasing early losses, and the Nasdaq Composite (IXIC) outperforming, thanks to rising tech stocks. Along with bitcoin's surge to record highs, traders are keeping an eye on Washington, D.C., with President Trump expected to meet with congressional leaders from both parties to preve...Read More

Subscribers to Schaeffer's Weekend Trader Series service recently banked a quick 104% profit on our Kroger Co (NYSE:KR) April 20, 2018 21-strike call recommendation. Here's a closer look at why we became bullish on KR stock, and how the options trade we recommended on Sunday, Nov. 19, unfolded.There is no denying that Kroger has had a tough year on the charts, with a number of grocery stocks takin...Read More