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
Hologic, Inc. (NASDAQ:HOLX) said it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Quantra 2.2 breast density assessment software -- used in breast cancer screenings. Despite an initial uptick at the open, HOLX stock is failing to capitalize on the news, last seen fractionally lower at $40.87. As the shares continue to struggle at a key technical juncture, s...Read More
Dow stock Boeing Co (NYSE:BA) made headlines before the holiday break, after Saudi Arabia agreed to buy $7 billion worth of military equipment and weaponry from multiple U.S. contractors, including Boeing. Below, we will check in with BA to see how the aerospace stock has been faring, and how options traders have reacted to the news.Boeing stock is currently up 0.3% to trade at $265.91, flirti...Read More
There were lower-than-normal trading volumes across Wall Street this week due to Thanksgiving, but stocks pushed to record highs nonetheless. Many of the gains came on Tuesday, when the Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) all soared to record highs thanks to a strong round of corporate earnings. The Dow is now set to avoid a rare third-straight wee...Read More
U.S. stocks are trading higher after yesterday's holiday break, with retail stocks being the main focus of the market. Three stocks making moves today are drug concern Teva Pharmaceutical Industries Ltd (NYSE:TEVA), "Russian Google" Yandex N.V. (NASDAQ:YNDX), and biopharmaceutical concern Nektar Therapeutics (NASDAQ:NKTR). Here's a closer look at what's moving shares of TEVA, YNDX, and NKTR.TEVA...Read More
Dow Jones Industrial Average (DJIA) futures are pointed higher this morning, after settling modestly lowerin a low-volume session on Wednesday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also trading above fair value, with all three benchmarks on track to post weekly wins. Retail stocks are in focus on this shortened trading day, as the holiday shopping frenzy engulfs investors. R...Read More
Analysts are weighing in on farming machinery concern Deere & Company (NYSE:DE), healthcare stock Quest Diagnostics Inc (NYSE:DGX), and oil shipping expert Frontline Ltd. (NYSE:FRO). Here's what's moving shares of DE, DGX, and FRO. Deere Stock Gets Post-Earnings UpgradeDeutsche Bank this morning upgraded Deere stock to "buy" from "hold," and raised its price target to $167 from $149. The move com...Read More
The following is a reprint of the market commentary from the December 2017 edition of The Option Advisor, published on November 17. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.By now, just about every major financial media outlet has published an article questioning how much longer General Electric (GE) can c...Read More
Investment Risk Index: AA Total Score: 78Legal: 65Governance: 91Social: 86Fiscal: 75Infrastructure: 94Miners have literally just scraped the surface of Finland's mineral potential. Most, if not all, of the major projects in the country have come from outcrop deposits, which make up 1-2% of its mineral wealth.This major geological potential, coupled with a supportive mining code and reliable i...Read More
Palisade Research November 24, 2017 Category: Research The world's zinc supply is diminishing. The machine that is China is once again rearing its insatiable head - the same machine that propelled resources to their all-time highs during the last supercycle. And now zinc warehouse stocks are already at 10-year lows.China accounts for nearly half of global zinc demand at 15 million tonnes - it is e...Read More
Palisade Research November 24, 2017 Category: Research The world's zinc supply is diminishing. The machine that is China is once again rearing its insatiable head - the same machine that propelled resources to their all-time highs during the last supercycle. And now zinc warehouse stocks are already at 10-year lows.China accounts for nearly half of global zinc demand at 15 million tonnes - it is e...Read More
I don’t watch the news often. But the news was playing at the family Thanksgiving gathering. The Macy’s Thanksgiving Parade was on, and the newscasters were discussing the extreme security measures taken by New York City.The massive police presence was welcome according to the news. People were reportedly thanking police officers for their roles. The anchors attributed this attitude ch...Read More
I don’t watch the news often. But the news was playing at the family Thanksgiving gathering. The Macy’s Thanksgiving Parade was on, and the newscasters were discussing the extreme security measures taken by New York City.The massive police presence was welcome according to the news. People were reportedly thanking police officers for their roles. The anchors attributed this attitude ch...Read More
The Federal Reserve has become an increasingly powerful force in the stock market, as our Senior V.P. of Research Todd Salamone has documented in his weekly Monday Morning Outlook column. With another Fed policy decision approaching in December, along with a changing of the guard at the central bank, now is a good time to review some Fed basics.What is the Fed?The Federal Reserve is the U.S. centr...Read More
There's a trendline battle shaping up on a daily chart of the Direxion Daily Gold Miners Bear 3X Shares (DUST) -- an exchange-traded fund (ETF) meant to deliver a triple-leveraged inverse return of a basket of gold mining stocks. While the descending 160-day moving average has kept a tight lid on all rally attempts since early May, DUST has recently established a credible foothold above its rising...Read More
Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) is filling an important space in the Push-to-Talk wireless industry, writes Jeff Kagan in U.S. publication, RCR Wireless News. PTT market is on a rebound both for the business marketplace and the rapidly growing FirstNet marketplace.As an industry analyst Jeff has been following the industry for over 30 years and is a RCR Wireless News Columnist...Read More
Consumers are demanding cleaner packaging and a move away from petroleum-based plastics. Bioplastics have become the fastest growing segment in the plastics industry.One company that is leading the charge in raising awareness of the potentially negative health impacts of chemicals in plastics is good natured Products Inc.(TSX-V:GDNP), writes Streetwise Reports.For a excerpt and a full link the...Read More
The Federal Reserve will be in focus next week, with an onslaught of central bank officials slated to speak in the lead-up to the mid-December Federal Open Market Committee (FOMC) meeting. With expectations running high that the Fed will pull the trigger on a December rate hike, the preliminary reading on third-quarter gross domestic product (GPD) should draw its fair share of Wall Street's attent...Read More
When settlers first arrived at Plymouth, their first attempts to survive were disastrous.It sounded like a good idea. They all shared and worked for the common good. They followed the tenet, "from each according to his ability, to each according to his need,” over 150 years before Marx coined the phrase.Everyone was expected to work in the fields planting and harvesting, and everyone got to...Read More
When settlers first arrived at Plymouth, their first attempts to survive were disastrous.It sounded like a good idea. They all shared and worked for the common good. They followed the tenet, "from each according to his ability, to each according to his need,” over 150 years before Marx coined the phrase.Everyone was expected to work in the fields planting and harvesting, and everyone got to...Read More
It was a choppy, low-volume session on Wall Street, with traders carefully eyeing the November Fed minutes. While the policy-setting Federal Open Market Committee (FOMC) was upbeat on employment and the economy, some members are concerned that "elevated asset valuations" could lead to a sharp reversal in asset prices -- with potentially "damaging effects" on the economy. Against this backdrop, the...Read More