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

Later this week, traders will digest third-quarter earnings from cruise lines Royal Caribbean Cruises Ltd (NYSE:RCL) (Tuesday) and Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) (Thursday).Here's a closer look at what traders are expecting from the cruise stocks ahead of earnings.Options Market Prices in Big Earnings Swing for Royal Caribbean StockRoyal Caribbean stock has surged the charts...Read More

Car rental expert Avis Budget Group Inc. (NASDAQ:CAR) and restaurant operator Buffalo Wild Wings (NASDAQ:BWLD) are two stocks that have seen notable options volume recently, with the former preparing to report earnings after the close today, and the latter reporting strong results less than two weeks ago. Here's a closer look at how options traders have been placing their bets on CAR and BWLD sto...Read More

The Dow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) on Friday notched an eighth straight weekly gain, marking their longest weekly win streaks in nearly four years. Another win this week would mark the Dow's longest since 1995, and would tie the SPX's longest streak in 13 years. Below, we take a look at how the DJIA and S&P tend to fare after eight straight weeks in the black -- and wh...Read More

Crude oil prices are surging today, with the December-dated futures contract up 2.5% at $57.01 per barrel -- a two-year high -- following several high-profile arrests in Saudi Arabia. Against this backdrop, the United States Oil Fund (USO) is 2.6% higher to trade at $11.47, and options traders are blasting the energy shares to bet on even more upside.By the numbers, 103,017 calls and 65,244 puts h...Read More

Social media stocks have been in focus lately, after Facebook (FB) and Twitter (TWTR) each reported earnings in the last two weeks. Now stepping up to the plate this week is Snapchat parent Snap Inc (NYSE:SNAP), the shares of which are staring up at two notable technical levels ahead of earnings after the close tomorrow. Here's a closer look at SNAP stock's performance lately, and how options...Read More

U.S. stocks are pushing higher today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all reaching record highs. Traders have digested some major M&A developments, including Sprint's (S) decision to end takeover talks with T-Mobile (TMUS), as well as a possible merger of two Apple suppliers. The high-profile arrests in Saudi Arabia remains in focus, a...Read More

While the busiest part of earnings season has passed, there are still plenty of high-profile names that still have yet to report. Grand Theft Auto parent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) will take its turn in the earnings confessional after tomorrow's close, and options traders are hoping the stock follows in the footsteps of sector peer Activision Blizzard (ATVI) -- which shot to...Read More

U.S. stocks are trading cautiously higher this morning, as investors eye rising oil prices and some fresh M&A buzz. Among the stocks making moves are drug concern Valeant Pharmaceuticals International Ltd (NYSE:VRX), digital communications tech company QUALCOMM, Inc. (NASDAQ:QCOM), and semiconductor specialist Advanced Micro Devices, Inc. (NASDAQ:AMD). Here's a closer look at what's moving shares...Read More

Analysts are weighing in on telecoms Sprint Corp (NYSE:S) and T-Mobile US Inc (NASDAQ:TMUS), as well as healthcare stock Community Health Systems (NYSE:CYH). Here's a quick roundup of today's bearish brokerage notes on S, TMUS, and CYH.Sprint Shares Plunge After Ending Merger With T-MobileSprint stock hit a new annual low of $5.81 this morning, and was last seen down 12.4% to trade at $5.86, a...Read More

Analysts are weighing in on light bulb producer Cree, Inc. (NASDAQ:CREE), social media stock Twitter Inc (NYSE:TWTR), and chipmaker Broadcom Ltd (NASDAQ:AVGO). Here's a quick roundup of today's bullish brokerage notes on shares of CREE, TWTR, and AVGO. Deutsche Bank Bullish on Cree's Wolfspeed BusinessCree stock is up 4.6% before the open, thanks to an upgrade to "buy" at Deutsche Bank, which boos...Read More

Dow Jones Industrial Average (DJIA) futures are cautiously higher,after the index's record-setting week. Futures on the Nasdaq-100 Index (NDX) and S&P 500 Index (SPX) are also sticking close to breakeven. Traders are reacting to newsthat New York Fed President William Dudley will retire in 2018, before his term expires. Just last week, President Trump nominated Fed Governor Jerome Powell to head...Read More

"With tax reform among the highest priorities in Washington, D.C. -- which you are sure to read and hear about in coming weeks -- this week brings us a continuation of earnings season and a full economic calendar..."...[F]rom a macro perspective, the biggest news is likely to revolve around the Federal Reserve, with another policy meeting set for Wednesday and President Trump planning to name the...Read More

Government is a big insurance company. Except you can’t shop elsewhere for insurance. And their price is super high. And they threaten you if you don’t want to pay them. And the services they deliver are sub-par for the price. And you can’t itemize your “insurance” to only include the products you need. And often just when you need them most, you find out how incompet...Read More

Government is a big insurance company. Except you can’t shop elsewhere for insurance. And their price is super high. And they threaten you if you don’t want to pay them. And the services they deliver are sub-par for the price. And you can’t itemize your “insurance” to only include the products you need. And often just when you need them most, you find out how incompet...Read More

We found the difference between men and women. It took years of study, professional research, and a scholarly article to pinpoint the cause. Ready for the bombshell? Men have penises.Today we are going to delve into one of the lesser known ways men use their penises to oppress women.Physics.The government is always trying to entice more women into STEM fields: science, technology, engineering, and...Read More

We found the difference between men and women. It took years of study, professional research, and a scholarly article to pinpoint the cause. Ready for the bombshell? Men have penises.Today we are going to delve into one of the lesser known ways men use their penises to oppress women.Physics.The government is always trying to entice more women into STEM fields: science, technology, engineering, and...Read More

Here’s an update on my latest trades for the week ending on November 3, 2017.Sold 25,000 shares of Hummingbird Resources (HUMRF) @ $0.4671/share Bought 2,050 shares of Novo Resources (NSRPF) @ $5.62/share Bought 10,000 shares of Pure Gold Mining (PGM.V) @ C$0.50/share Bought 2,000 shares of NexGen Energy (NXE) @ $1.88/share Sold 29,400 shares of Artemis Resources (ARV.AX) @ A$0.345/sha...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) each closed at record highs today, with the Dow and S&P ending higher for an eighth straight week -- their longest weekly win streaks since 2013 -- and the IXIC making it six in a row. A post-earnings rally from Apple (AAPL) and an M&A-related surge for Qualcomm (QCOM) helped propel stocks higher and offset O...Read More

Tenet Healthcare Corp (NYSE:THC) is scheduled to report third-quarter earnings after the stock market closes on Monday. The healthcare name has a dismal history of post-earnings price action, with the shares settling lower in the subsequent session in five of the past eight quarters -- including a 14.4% plunge last August. For Tuesday's trading, the options market is pricing in a 12.9% single-sess...Read More

Despite plenty of noise and news rolling out of Washington D.C. throughout the week, U.S. stocks managed to push higher once again, with all three major indexes hitting record highs. Investor attention mostly centered on the release of the Republican tax plan, which aims to permanently cut the corporate tax rate to 20% -- though another provision sent homebuilder stocks tumbling on Thursday. Also...Read More