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

Anglo American's De Beers, the world's largest rough diamond producer by value, unveiled Monday is investing in a blockchain-based platform to enable greater tracking of its stones.The platform, which will be open for those in the industry, will allow tracing each diamond throughout the entire value chain - from mine to buyer."Consumers should be able to know there is an accurate register of a dia...Read More

I’m going to be heading out to Manila early next week, so in the meantime I’ve been busy: meeting up with people, taking care of errands, packing, etc… I haven’t gotten around to doing this, but I really wanted to take the time out to say:THANK YOU!!!A few weeks back, I set up a donate button and wrote a quick short blog post about it…To my surprise, I’ve gotten...Read More

Here’s an update on my latest trades for the week ending on December 1, 2017.SOLD 40,000 shares of Artemis Resources (KAI.AX) @ A$0.30/share SOLD 370,000 shares of Pioneer Resources (PIO.AX) @ A$0.029/share Bought 5,000 shares of Ardea Resources (ARL.AX) @ A$1.54/share Bought 7,000 shares of Erdene Resources (ERD.TO) @ C$0.51/share Bought 3,000 shares of Erdene Resources (ERDCF) @...Read More

Why are teens so angsty and rebellious? Because they are biologically adults, being treated like children.Jane Addams likely had good intentions when in the early 20th century she helped create the juvenile justice system and laws against child labor. But fast forward to present day and her influence on how society treats young adults has disastrous effects on young individuals and society at larg...Read More

Why are teens so angsty and rebellious? Because they are biologically adults, being treated like children.Jane Addams likely had good intentions when in the early 20th century she helped create the juvenile justice system and laws against child labor. But fast forward to present day and her influence on how society treats young adults has disastrous effects on young individuals and society at larg...Read More

Sometimes I wish I had no conscience or morals. Then I could go to work for the government writing fear propaganda.Killer robots are the latest terror. But there are so many takes on it! It’s like Josef Goebbels’ dream to have so much material to work with. All the “possibilities” and “predictions” just make you want to curl up in a ball and let the government...Read More

Sometimes I wish I had no conscience or morals. Then I could go to work for the government writing fear propaganda.Killer robots are the latest terror. But there are so many takes on it! It’s like Josef Goebbels’ dream to have so much material to work with. All the “possibilities” and “predictions” just make you want to curl up in a ball and let the government...Read More

The Dow Jones Industrial Average (DJIA) was on track for another big win today, until the Michael Flynn news broke, sending the blue-chip index cratering by more than 350 points at its intraday low. The bombshell political news overshadowed cautious optimism over Senate Republican leader Mitch McConnell's belief that the GOP tax bill "has the votes." Stocks closed well off their session lows, tho...Read More

The SPDR Gold Shares (GLD) hit its intraday high of $122.43 at midday, around the same time the stock market was panning its session lows on news Michael Flynn could testify against President Donald Trump in a possible Russian collusion investigation, after the former national security advisor pleaded guilty to lying to the FBI. While the shares have since pared these gains to 0.4% to trade at $12...Read More

Reports that former national security advisor Michael Flynn is prepared to testify against President Trump sent shockwaves through the U.S. stock market, with the Dow flirting with at 350-point drop at its intraday low. What's more, the reports -- which suggest Flynn will confirm Trump told him to make contact with Russian officials -- sent the ruble dropping against the U.S. dollar, and has optio...Read More

Stocks are falling today amid reports that former national security advisor Michael Flynn could testify against President Trump. Among the names making big moves are healthcare stock Foundation Medicine Inc (NASDAQ:FMI), forex concern Gain Capital Holdings Inc (NYSE:GCAP), and pharmaceutical issue Mylan (NASDAQ:MYL). Here's a quick look at what's moving shares of FMI, GCAP, and MYL. FMI Stock Hits...Read More

U.S. stocks turned sharply lower at midday, as reports hit that former national security advisor Michael Flynn pleaded guilty over lying to the FBI, and agreed to cooperate with a special counsel investigation into possible Russian collusion in the 2016 U.S. presidential election. The quick decline in stocks sent the CBOE Volatility Index (VIX) -- or market's "fear gauge" to its highest point sinc...Read More

It was an interesting week on Wall Street, with all three indexes notching record highs, though the tech-rich Nasdaq Composite (IXIC) underperformed. Solid holiday shopping data lifted stocks early in the week, as did growing expectations for a Senate vote on tax reform. However, reports on Friday that former national security advisor Michael Flynn could testify against President Trump took some o...Read More

U.S. stocks have plummeted amid reports that former national security advisor Michael Flynn could testify against President Trump. The Dow Jones Industrial Average (DJIA) was down more than 350 points at its intraday low, after sources told ABCthat Flynnwill acknowledge Trump ordered him to initiate contact with Russians. Flynn today pleaded guilty to lying to the FBI, becoming the first of Trump...Read More

Netflix, Inc. (NASDAQ:NFLX) topped out at a record high of $204.38 on Oct. 17. Since then the streaming name has been stair-stepping lower. After suffering its worst one-day drop in a year on Wednesday during the broader tech selloff, NFLX came face-to-face with its 80-day moving average. Similar to one of its fellow FAANG stocks, this trendline has had historically bullish implications for Netfli...Read More

Hospital operator HCA Healthcare Inc (NYSE:HCA) has overcome previous resistance in the $80-$82 region, taking back the 200-day moving average in the process, after J.P. Morgan Securities yesterday issued an extremely bullish note. Analysts there upgraded HCA stock to "overweight" from "neutral," upping their price target to $96 from $75, saying the passage of Republicans' tax proposal would "disp...Read More

Earlier this week, Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) posted its Q3 2017 results, with the company generating EBITDA of $98,000 on revenue of $4.9-million, a topline that was up 32% over the same period last year. In an article by Cantech Letter, it notes an update to clients from Beacon Securities analyst, Gabriel Leung.Please find an excerpt, and a link to the full article bel...Read More

The Dow Jones Industrial Average (DJIA) yesterday wrapped up November with a healthy 3.8% gain, marking the eighth straight monthly win for the blue-chip index. In fact, the Dow is in the throes of its longest monthly winning streak in 22 years. Below, we take a look at how the DJIA tends to perform after these extremely rare rallies, and what history could tell us about the stock market in 2018.T...Read More

Shares of meal delivery specialist Blue Apron Holdings Inc (NYSE:APRN) are up 4.9% this morning at $3.13, after the company's co-founder Matt Salzberg yesterday stepped down as CEO -- though he'll stay on as executive chairman -- which follows co-founder Matthew Wadiak's departure as chief operating officer last July. Salzberg will be replaced by Chief Financial Officer Brad Dickerson. This news c...Read More

One stock on the move today is CME Group Inc (NASDAQ:CME), after the exchange operator said it will launch bitcoin futures beginning on Monday, Dec. 18. This much-anticipated development paves the way for bitcoin ETFs and other cryptocurrency derivatives.CME stock is up 1.2% at $151.27 in morning trading, and earlier set an all-time high of $152.14. CME is now up more than 31% on the year, and ha...Read More