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

There are only a few weeks left in the calendar year, and the United States Oil Fund (USO) is running out of opportunities to stake its claim in positive ground for 2017. The fund's 2016 closing price of $11.72 wasn't surmounted on a weekly closing basis until as recently as Friday, Nov. 24 -- and last Friday's afternoon sell-off in equities effectively dashed USO's valiant morning attempt to stri...Read More

All eyes next week will be on the Federal Open Market Commmittee's (FOMC) December meeting, which begins on Tuesday, and the central bank is widely expected to raise interest rates. Following the Fed's policy announcement on Wednesday, outgoing Fed Chair Janet Yellen will give a press conference. And while the earnings schedule is very thin, reports from software firm Oracle Corporation (NYSE:ORCL...Read More

Shares of SAGE Therapeutics Inc (NASDAQ:SAGE) shot to a record high of $169.58 out of the gate, and were last seen trading up 68.6% at $154.77. For the second time in a month, the biotech reported successful trial results for one of its depression drugs, this time announcing that 64% of patients using its major depressive disorder (MDD) treatment entered remission 15 days in. On Nov. 9, SAGE Thera...Read More

Analysts at MKM Partners, J.P. Morgan Securities, and Cowen weighed in a trio of online travel stocks this morning: Expedia Inc (NASDAQ:EXPE), Priceline Group Inc (NASDAQ:PLCN), and Ctrip.com International Ltd (NASDAQ:CTRP). Below, we'll take a look at EXPE, PCLN, and CTRP stocks, which have been struggling in recent months.MKM Sees New Lows for EXPE StockMKM Partners downgraded Expedia stock to...Read More

Shares of athletic apparel brand Lululemon Athletica Inc. (NASDAQ:LULU) are soaring today after the retailer reported a third-quarter earnings and revenue beat, andreceived one upgrade and no fewer than 15 price-target raises in response. LULU's singular upgrade to "hold" came from Canaccord Genuity -- just days after the brokerage firm backed its "sell" rating -- while the highest new price targ...Read More

A little more than a month after delivering a disappointing third-quarter miss, AK Steel Holding Corporation (NYSE:AKS) received some favorable news earlier this week, with the U.S. Commerce Department issuing a preliminary ruling that steel products from Vietnam that are made with Chinese substrate will face import duties. Upbeat analysts are chiming in, with the steel stock scoring a key upgrade...Read More

U.S. stock futures are mixed this morning, as traders keep a close eye on Washington, D.C., where President Donald Trump is expected to meet with congressional leaders from both the Democratic and Republican parties to discuss a potential government shutdown. Tax reform is also in focus, after Senate Republicans on Wednesday voted to send the bill to a conference committee with the House to hash o...Read More

Having this year established the foundations for a systematic investigation of the potential of the 35km-long mineralised corridor covered by the company's 220sq.km Alaska Range landholding in central Alaska to yield large-scale copper-gold deposits, PolarX will hit the ground at full speed next year after a successful 2017 exploration season.Some smart corporate manoeuvring, more strong drill res...Read More

Palisade Research December 7, 2017 Category: Research Hopefully you’ve made good profits investing in the metal. But, if you haven’t yet. . .Don’t worry.It’s only the beginning. . . There’s no secret that copper supplies will continue to struggle over the next few years. Probably even longer.Why? Because most of the world’s current copper producers are aging....Read More

Palisade Research December 7, 2017 Category: Research Hopefully you’ve made good profits investing in the metal. But, if you haven’t yet. . .Don’t worry.It’s only the beginning. . . There’s no secret that copper supplies will continue to struggle over the next few years. Probably even longer.Why? Because most of the world’s current copper producers are aging....Read More

Palisade Research December 7, 2017 Category: Research Hopefully you’ve made good profits investing in the metal. But, if you haven’t yet. . .Don’t worry.It’s only the beginning. . . There’s no secret that copper supplies will continue to struggle over the next few years. Probably even longer.Why? Because most of the world’s current copper producers are aging....Read More

 In case of emergency, you should always have a solid chunk of cash on hand. These days, that isn’t much riskier than keeping your money in a bank.There are stories of banks and governments suspending accounts for no legitimate reason. Furthermore, the interest rates at banks hardly give you much incentive to store your money there.But as with anything that gives individuals more cont...Read More

 In case of emergency, you should always have a solid chunk of cash on hand. These days, that isn’t much riskier than keeping your money in a bank.There are stories of banks and governments suspending accounts for no legitimate reason. Furthermore, the interest rates at banks hardly give you much incentive to store your money there.But as with anything that gives individuals more cont...Read More

The Dow Jones Industrial Average (DJIA) finishedlower today, after trading on both sides of breakeven throughout the session. The S&P 500 Index (SPX) also ended a choppy session in the red, bringing its losing streak to four days -- the longest since March. The Nasdaq Composite (IXIC), however, finished in the black, snapping its three-day losing streak after getting a lift from rebounding tech s...Read More

Shares ofJinkoSolar Holding Co., Ltd. (NYSE:JKS) settled up 1.5% at $23.82, likely with help from a First Solar (FSLR) halo lift. Below, we will take a look at the company's earnings history, and examine how analysts and options traders are playing JKS stock ahead of earnings, due out tomorrow morning. Looking at the charts, JKS shares are up 59% year-over-year. However, the stock has been choppy...Read More

It's been an interesting couple of weeks in the stock market, and I'm not just talking about the bitcoin explosion. Not only didthe S&P 500 Index (SPX) and CBOE Volatility Index (VIX) -- or the stock market's "fear gauge" -- flash a rare divergence signal, so did the Dow Jones Industrial Average (DJIA) and tech-rich Nasdaq Composite (IXIC) -- sending up an alarm that sounded before the dot-com bub...Read More

Shares of OSI Systems, Inc. (NASDAQ:OSIS) have plunged 31.3% to trade at $57.79 -- earlier hitting an annual low of $53.80 -- after Muddy Waters said it was betting against the tech stock. The noted short seller said the electronic screening provider was "rotten to the core," and that it's too reliant on a "turnkey contract in Mexico ... that appears to be egregious." With OSIS stock on the short-...Read More

Semiconductor stocks have been in a notable decline since Morgan Stanley last Monday said it was time to take profits on the red-hot sector, as evidenced by the VanEck Vectors Semiconductor ETF (SMH) 7.8% slide from its Nov. 24 record high of $105.83, last seen at $97.59. Underscoring these technical woes, just 56% of the 34 stocks we track under the "semiconductors" umbrella are currently trading...Read More

U.S. stocks are slightly higher this afternoon, as investors react to this morning's jobs data. Among the names making big moves are chemical stock Tronox Ltd (NYSE:TROX), as well as biotechs Madrigal Pharmaceuticals Inc (NASDAQ:MDGL) and Vistagen Therapeutics Inc (NASDAQ:VTGN). Here's a quick look at what's moving shares of TROX, MDGL, and VTGN. Tronox Stock Short-Sale Restricted Tronox stock is...Read More

On Monday, the Dow Jones Industrial Average (DJIA) ended a fifth straight session above its upper Bollinger Band (BB) -- typically viewed as an overbought signal. The index has since dropped back below this level, due to recent weakness among tech stocks, but that stretchmarked something the Dow has done just a dozen times since 1990. Below, we take a look at blue-chip stock performance after thes...Read More