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

U.S. stocks are trading lower this morning amid fresh concerns over the Senate's proposed plan to delay corporate tax cuts until 2019. Among the stocks making moves today are entertainment powerhouse Walt Disney Company (NYSE:DIS), car rental company Hertz Global Holdings, Inc (NYSE:HTZ), and global e-commerce concern Alibaba Group Holding Ltd (NYSE:BABA). Here's a closer look at what's moving s...Read More

Analysts are weighing in on shoe retailers Finish Line Inc (NASDAQ:FINL) and Foot Locker, Inc. (NYSE:FL), as well as department store Nordstrom, Inc. (NYSE:JWN). Here's a quick roundup of today's bearish brokerage notes on FINL, FL, and JWN stocks.Cowen Downgrades FINL Stock on 'Skyrocketing' PromotionsFinish Line stock is down 12.3% to trade at $8.77, after Cowen downgraded the stock to "under...Read More

Analysts are weighing in on semiconductor stock Nvidia Corporation (NASDAQ:NVDA), alternative energy company Canadian Solar Inc. (NASDAQ:CSIQ), and immunotherapy concern Dynavax Technologies Corporation (NASDAQ:DVAX). Here's a quick roundup of today's bullish brokerage notes on shares of NVDA, CSIQ, and DVAX. Another Earnings Beat Could Mean Record Highs for NVDA StockNvidia stock is on pace to...Read More

Dow Jones Industrial Average (DJIA) futures are slumping again this morning, after the index snapped its seven-day win streakyesterday. Concerns over the Senate's proposed plan to delay corporate tax cuts until 2019 -- different from the bill making its way through the House -- is spooking both S&P 500 Index (SPX)and Nasdaq-100 Index (NDX) futures as well, setting all three indexes up for weekly...Read More

The problem with government is it elevates people to positions of power over their fellow citizens. And all too often, these people take advantage of their status.You Get The Prosecutors You Pay ForWhen you’re in power, the rules don’t really apply to you. I mean, sure, officially you still have to follow the law. But what happens when a politician is in a position to change the rules?...Read More

The problem with government is it elevates people to positions of power over their fellow citizens. And all too often, these people take advantage of their status.You Get The Prosecutors You Pay ForWhen you’re in power, the rules don’t really apply to you. I mean, sure, officially you still have to follow the law. But what happens when a politician is in a position to change the rules?...Read More

It was a gloomy day on Wall Street today, with the Dow Jones Industrial Average (DJIA) down more than 250 points at its session low. The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) also spent the day in the red, amid disappointing retail earnings, a struggling tech sector, and concerns about GOP tax reform. Specifically, stocks reacted to reports that Senate Republicans' tax plan -- expected...Read More

Stocks are trading lower this afternoon, amid rising concerns that Senate Republicans' tax plan could delay corporate tax cuts to 2019. Among the stocks making big movesare online discount retailer Overstock.com, Inc. (NASDAQ:OSTK), biotech company Marinus Pharmaceuticals Inc (NASDAQ:MRNS), and tech concern Infinera Corp. (NASDAQ:INFN). Here's a quick look at what's moving shares of OSTK, MRNS,...Read More

Semiconductor stocks have dominated headlines lately, thanks to Broadcom's (AVGO) unsolicited buyout bid for Qualcomm (QCOM) and news Intel (INTC) has acquired a former Advanced Micro Devices (AMD) exec. The sector will remain in focus following Nvidia's (NVDA) earnings report -- due after tonight's close -- and one chip stock that should not be ignored is Micron Technology, Inc. (NASDAQ:MU). Belo...Read More

The stock market's lack of volatility in 2017 has made headlines lately, with the S&P 500 Index (SPX) enjoying a slow, steady grind to record highs. In fact, the last time the SPX dropped 3% or more was June 24, 2016, during the Brexit panic. Against this backdrop, we decided to break down a four-legged options strategy that allows you to capitalize on a period of muted, low-volatility price acti...Read More

Tech stocks have had a blowout year, as evidenced by the price action in the PowerShares QQQ Trust (QQQ). Heading into today's trading, the shares were up 30.4%, and topped out at a record high of $154.54 yesterday. Today, the overbought fund -- whose 14-day Relative Strength Index (RSI) closed last night at 76 -- is down 1.2% at $152.57 as the broader stock market sells off on concerns over Senat...Read More

Wall Street will be busy in the last full week before the Thanksgiving holiday. In the lead-up to November options expiration on Friday, a number of Fed officials are slated to speak throughout the week, while several high-profile economic reports -- including retail sales and the consumer price index (CPI) -- are due. Additionally, several Dow components will take their late-season turn on the ea...Read More

Retailers are in the spotlight this week, with stocks like Kohl's (KSS) and Fossil (FOSL) taking a hit after earnings. Friday morning, traders will digest quarterly results from sector peer JC Penney Company Inc (NYSE:JCP). Here's a closer look at what traders are expecting from the retail shares ahead of earnings.Earnings History Isn't on J C Penney's SideJ C Penney stock has tanked this year...Read More

Stocks are struggling today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all well below breakeven. Stock traders' risk-off attitude comes as worries surrounding the Republican tax plan persist ahead of the release of a revised version from the Senate. Investors are digesting the latest round of earnings, too, including a weak report from retailer...Read More

Retail stocks have been in focus, with Kohl's (KSS) trading lower today following a disappointing earnings report. While Best Buy Co Inc (NYSE:BBY) won't step into the earnings confessional for another week, the electronics retailer recently ran into a trendline that has had bullish implications in the past. If history repeats itself, shares of BBY could break outin the coming weeks, just in tim...Read More

Alibaba Group Holding Ltd (NYSE:BABA) will host its annual Singles Day this Saturday, Nov. 11 -- the world's largest shopping day of the year. The event grossed a record $17.8 billion in sales last year, easily surpassing Amazon's Prime Day. While the shares are down 1.5% today to trade at $183.10, it looks like options traders are betting a Singles Day boost will send BABA stock barreling to new...Read More

U.S. stocks are trading lower this morning, pressured by the prospect of a delay in Republican tax reform. Among the stocks making moves today are discount retailer Kohl's Corporation (NYSE:KSS), biopharmaceutical company SAGE Therapeutics Inc (NASDAQ:SAGE), and drug concern Otonomy Inc (NASDAQ:OTIC). Here's a closer look at what's moving shares of KSS, SAGE, and OTIC.Kohl's Falls on Earnings Mi...Read More

Caterpillar Inc. (NYSE:CAT) has been running up the charts over the past 10 months -- up 47% year-to-date, and one of the best Dow stocks so far in 2017. However, this upside momentum could soon stall out, if history is any guide. And with short-term options attractively priced at the moment, it may be a good time to buy puts on -- or short -- CAT stock.Taking a closer look at Caterpillar's techni...Read More

Analysts are weighing in on telecom CenturyLink Inc (NYSE:CTL), pharmaceutical stock Opko Health Inc. (NASDAQ:OPK), and social media issue Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bearish brokerage notes on CTL, OPK, and SNAP.CenturyLink Stock Sinks to New Low on Earnings Miss, Cut ForecastCenturyLink stock is down 7.8% to trade at $14.99, and hit a seven-year low of $14.75 earlier...Read More

Analysts are weighing in on payments processor Square Inc (NYSE:SQ), biopharmaceutical company Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY), and TV streaming platform provider Roku Inc (NASDAQ:ROKU). Here's a quick roundup of today's bullish brokerage notes on shares of SQ, ALNY, and ROKU. Analysts Hike Price Targets on Square Stock After EarningsSquare last night posted better-than-expected thi...Read More