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

RESOURCEStocks: Firstly to SolGold's 85%-owned Cascabel project: drilling at the Alpala copper-gold deposit is continuing to produce big intersections including a recent highlight of 695m at 1.37% copper equivalent. How is work progressing to establish a maiden resource and what timeframe are you aiming for? Nick Mather: We have seven rigs active, there are three more en route and should be o...Read More

The same media that covered for the rich and powerful is now delighting in throwing them one by one under the sexual assault bus.I can’t deny that it is a joy to watch liberal elites like Al Franken and Harvey Weinstein fall from grace.But a chill goes down my spine when I think, but why now? Why has the media suddenly done a complete 180?Don’t get me wrong, it is great to hold sexual...Read More

The same media that covered for the rich and powerful is now delighting in throwing them one by one under the sexual assault bus.I can’t deny that it is a joy to watch liberal elites like Al Franken and Harvey Weinstein fall from grace.But a chill goes down my spine when I think, but why now? Why has the media suddenly done a complete 180?Don’t get me wrong, it is great to hold sexual...Read More

The Dow Jones Industrial Average (DJIA) headed higher out of the gate on positive earnings reactions for Cisco Systems (CSCO) and Wal-Mart (WMT). The surge in consumer discretionary and tech stocks helped lift the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), too, while the bullish flames were only further stoked after the House passed its version of a business-friendly GOP tax plan. By the tim...Read More

U.S. stocks are exploding higher, after news hit that the Republican tax reform bill passed the House. Among the stocks making big movesare specialized pharmaceutical manufacturer Diplomat Pharmacy Inc (NYSE:DPLO), online payment issue PayPal Holdings Inc (NASDAQ:PYPL), and global media concern Viacom, Inc. (NASDAQ:VIAB). Here's a quick look at what's moving shares of DPLO, PYPL, and VIAB.DPLO Am...Read More

Semiconductor stock Broadcom Ltd (NASDAQ:AVGO) has been all over headlines lately, forits efforts at an unsolicited buyout bid for Qualcomm (QCOM). Micron Technology, Inc. (NASDAQ:MU), on the other hand, is a red-hot chip stock that has been slightly more under the radar. Both stocks found themselves on our list of best stocks to own during Thanksgiving week. Below, we will take a look at AVG...Read More

It's been a tough week for oil prices, which appear to be on track to snap their five-week winning streak as supply and demand woes resurface. And while crude futures are stabilizing today, the damage has already been done to energy stocks. Devon Energy Corp (NYSE:DVN), for instance, is on track to log its first weekly loss since Oct. 20. If past is precedent, DVN could be headed even lower next w...Read More

The Dow is in rebound mode today, up nearly 200 points thanks to strong blue-chip earnings and a just-passed tax reform bill in the House. What's more, a couple of Dow stocks could outperform in the short term, if recent history is any indicator. Below, we'll explain why Nike Inc (NYSE:NKE) and UnitedHealth Group Inc (NYSE:UNH) stocks should be on your bullish radar right now.Nike Stock Rocks Befo...Read More

The 20 stocks listed in the table below have attracted the highest total weekly options volume during the past 10 trading days. Stocks highlighted in yellow are new entries to the list. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Two names to note are streaming content giant Netflix, Inc. (NASDAQ:NFLX) and semiconductor stock NVIDIA Corporation (NASDAQ:NVDA). Below we'...Read More

The Dow Jones Industrial Average (DJIA) is exploding higher today, thanks to big earnings reactions from Wal-Mart (WMT) and Cisco Systems (CSCO). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are sharply higher as well, as stocks bounce back from two straight down days across Wall Street. Investors arekeeping a close eye on this morning's economic data and an expected House of Representative...Read More

Brazilian stocks put in a strong run in the third quarter on an upbeat outlook for Latin America's biggest economy -- as evidenced by the nearly three-year high the iShares MSCI Brazil Capped ETF (EWZ) hit on the Oct. 5. This price action was echoed in Brazilian bank Itau Unibanco Holding SA (NYSE:ITUB), too, though more recently, the shares have pulled back to a trendline that historically offer...Read More

Amazon.com, Inc. (NASDAQ:AMZN) has been flying high in 2017, with the shares boasting a 50.9% year-to-date lead. This momentum is continuing today, too, with AMZNup 0.4% at $1,131.75 -- within striking distance of Monday's record peak of $1,139.90 -- and if history is any guide, the FAANG stock could be carving out new highs for the Thanksgiving holiday.According to Schaeffer's Senior Quantitative...Read More

The U.S. dollar got hammered in the first nine months of 2017, but has rebounded off its September lows, as evidenced by the price action in the U.S. Dollar Index (DXY). As such, large speculators are finally net long the greenback for the first time in 15 weeks, per recent Commitment of Traders (CoT) data, breaking the longest stretch in six years. Below, we'll take a look at how the buck and the...Read More

U.S. stocks are trading higher this morning, thanks to positive blue-chip earnings. Among the stocks making moves today are retail giant Wal-Mart Stores Inc (NYSE:WMT), electronics retailer Best Buy Co Inc (NYSE:BBY), and media content company Time Inc (NYSE:TIME). Here's a closer look at what's moving shares of WMT, BBY, and TIME.Wal-Mart Soars on Earnings BeatShares of Wal-Mart are soaring afte...Read More

Analysts are weighing in on drug stocks Bristol-Myers Squibb Co (NYSE:BMY), Merck & Co., Inc. (NYSE:MRK), and Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Here's a quick roundup of today's bearish brokerage notes on shares of BMY, MRK, and VRX.Jefferies Lowers BMY Stock Price TargetJefferies cut its price target on Bristol-Myers Squibb stock to $68, though this still sits above the equity's Oct....Read More

Analysts are weighing in on data storage stock NetApp Inc. (NASDAQ:NTAP), home furnishings retailer RH (NYSE:RH), and music streaming service Pandora Media Inc (NYSE:P). Here's a quick roundup of today's bullish brokerage notes on shares of NTAP, RH, and P. NTAP Ready to Rally After EarningsNetApp last night posted better-than-expected fiscal second-quarter results and an impressive current-quar...Read More

Dow Jones Industrial Average (DJIA) futures appear ready to bounce back, after the index closed yesterday's session down triple digits. A flurry of upbeat earnings reports are helping the index, withWal-Mart (WMT) and Cisco Systems (CSCO) stocks pointed higher after earnings. All eyes will be on Washington, D.C., later, as the House of Representatives is poised to vote on their tax-overhaul bill....Read More

Next week is a short one on Wall Street, with U.S. markets closed Thursday for the Thanksgiving Day holiday, and trading ending early on Friday. Nevertheless, there's plenty of action on both the economic and earnings dockets to hold traders' attention. The marquee event will be the release of the minutes from the latest Federal Open Market Committee (FOMC) meeting -- which could potentially hold...Read More

Why are governments so interested in breaking up monopolies? To protect the biggest monopoly of all, the government.The American people are skilled mental gymnasts. They can totally agree that monopolies in the private sector are bad. But monopolies on defense, law enforcement, courts, education, roads, and so on are perfectly fine, even necessary!This comes down to the myth of the process. People...Read More

Why are governments so interested in breaking up monopolies? To protect the biggest monopoly of all, the government.The American people are skilled mental gymnasts. They can totally agree that monopolies in the private sector are bad. But monopolies on defense, law enforcement, courts, education, roads, and so on are perfectly fine, even necessary!This comes down to the myth of the process. People...Read More