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

Starbucks Corporation (NASDAQ:SBUX) reports earnings after the close on Thursday, and shareholders may be hiding their eyes ahead of the event. Over the past three quarters, the stock has moved lower in the session after earnings each time, including a 9.2% sell-off in July. SBUX shares have mostly traded sideways since then, last seen trading at $55.27, and sentiment appears bearish across Wall S...Read More

U.S. stocks are starting the month higher, thanks to an upbeat ADP payrolls report. Among the stocks making moves this morning are GPS company Garmin Ltd. (NASDAQ:GRMN), medical transport provider Envision Healthcare Corporation (NYSE:EVHC), and steel producer United States Steel Corporation (NYSE:X). Here's a closer look at what's moving shares of GRMN, EVHC, and X.Garmin Reaches Fresh Highs Afte...Read More

Analysts are weighing in on apparel retailer Abercrombie & Fitch Co. (NYSE:ANF), three-dimensional printing company 3D Systems Corporation (NYSE:DDD), and video game maker Electronic Arts Inc. (NASDAQ:EA). Here's a quick roundup of today's bearish brokerage notes on ANF, DDD, and EA.Abercrombie & Fitch Stock Drops on DowngradeAbercrombie & Fitch stock is down 7.3% to trade at $12.45, after J...Read More

Analysts are weighing in on semiconductor stock Intel Corporation (NASDAQ:INTC), cybersecurity name Qualys Inc (NASDAQ:QLYS), and review site Yelp Inc (NYSE:YELP). Here's a quick roundup of today's bullish brokerage notes on shares of INTC, QLYS, and YELP.Analyst Sees More Highs Ahead for Intel StockJust a day after Intel stock touched a 17-year high, brokerage firm Independent Research raised i...Read More

Dow Jones Industrial Average (DJIA) futures are higher this morning, up triple digits after the index wrapped up a healthy October gain. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher, with both indexes appear ready to hit fresh record highs, as traders digest economic data and awaitearnings reports from Facebook (FB) and Tesla (TSLA), among others. The Fed meeting...Read More

The S&P 500 Index (SPX) gained about 2% in October and is now riding a seven-month win streak. Since the March 2009 bottom, there have been two other streaks of that length, neither of which reached eight months. The first streak reached seven months in September of 2009, but then the S&P 500 was down about 2% in October. The last streak happened in May of 2013, only to see the index fall by 1.5%...Read More

Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More

Just when people need the government most, is when you will find politicians at their sleaziest.Over a month after Hurricane Maria pummeled Puerto Rico, about three-quarters of the Island is still without power.But rather than respond in the best interest of citizens, the government engaged in a crony deal with an inadequate energy company. Puerto Rico gave a $300 million contract to rebuild their...Read More

U.S. stocks ended modestly higher today, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) each posting their best monthly gains since February. The Dow and S&P also extended their monthly win streaks to a seventh month, and the Nasdaq notched another record high in early trading, thanks to surging semiconductor stocks like Intel (INTC).On the econo...Read More

Call volume is running at an accelerated clip on Facebook Inc (NASDAQ:FB) ahead of the company's third-quarter earnings report, due out after tomorrow's close. At last check, 156,315 call options had traded -- 1.2 times the expected intraday amount, and volume pacing in the 81st annual percentile. And, with FB fresh off a new record high of $180.80, options traders are paying up to bet on higher h...Read More

Stocks are higher this afternoon, as the Dow Jones Industrial Average eyes its seventh straight monthly gain. Pharmaceutical concern Lannett Company, Inc. (NYSE:LCI) is tangled in legal trouble, while chip stock Micron Technology, Inc. (NASDAQ:MU) and healthcare stock Stemline Therapeutics Inc (NASDAQ:STML) are surging. Here's a quick look at what's moving shares of LCI, MU, and STML.Lannet...Read More

The semiconductor sector was already technically overbought coming into today, judging by the VanEck Vectors Semiconductor ETF's (SMH) 14-day Relative Strength Index (RSI) -- which closed last night at 77. But these Wall Street favorites continue to push higher, evidenced by fresh highs from NVIDIA Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC). Below we'll break down today's price...Read More

Shares of Mylan N.V. (NASDAQ:MYL) are spiraling today, after Rajiv Malik -- the drugmaker's president and executive director -- was named in a civil investigation by 45 states and the District of Columbia against pharmaceutical firms in a price-fixing lawsuit. At last check, MYL stock was down 7.2% at $35.50 -- and options traders are betting on even more downside by week's end.By the numbers, rou...Read More

Tomorrow, traders will digest earnings from electric car maker Tesla Inc (NASDAQ:TSLA) after the close.Here's a closer look at TSLA stock ahead of earnings, and how options traders have been positioning themselves on the automaker's shares.Earnings History Is On TSLA's Side... Though still up 51.6% year-to-date, Tesla stock has struggled since touching a record high of $389.61 on Sept. 18, tha...Read More

The Dow Jones Industrial Average (DJIA) is set to end October with a healthy 4.3% gain, which would mark the index's best month since gaining 4.8% in February. What's more, while it will be the Dow's seventh straight monthly gain -- a feat not accomplished in over five years -- the DJIA is pacing for the smallest return during a seven-month rally ever. Below, we take a look at previous monthly win...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are modestly higher this afternoon, but are sticking close to breakeven as traders weigh the latest batch of earnings reports. Nevertheless, the Dow and S&P are on pace for a seventh straight monthly gain, and their best month since February. The Nasdaq just touched another record high this morning, and i...Read More

GoPro Inc (NASDAQ:GPRO) reports earnings after the close tomorrow, as the camera maker looks to build off recent bullish analyst attention. Below, we will examine GoPro's earnings history and how options traders are positioning themselves ahead of the event.At last check, GoPro stock is up 0.7% to trade at $10.41. The equity has pulled back from its most recent high near $12, but the drop was cau...Read More

Athleisure stocks are in focus today, after Under Armour (UAA) reported a big revenue miss and slashed its full-year profit and sales forecasts. Among the names we're watching are athletic apparel retailer Dick's Sporting Goods, Inc. (NYSE:DKS) and yoga wear maker Lululemon Athletica inc. (NASDAQ:LULU) -- both of which were trading near key technical levels heading into today's trading. Here's a c...Read More

U.S. stocks are trading higher this morning, as traders digest the latest round of earnings and await word on the Federal Reserve. Among the stocks making moves this morning are athletic retailer Under Armour Inc (NYSE:UAA), digital technology company and Apple supplier (for now) QUALCOMM, Inc. (NASDAQ:QCOM), and drug concern Valeant Pharmaceuticals International Inc. (NYSE:VRX). Here's a closer...Read More

Fitbit Inc (NYSE:FIT) is still nowhere close to its 2015 record high of $51.90, with the shares last seen trading at $6.10. But in the previous two quarters, the company's earnings results have resulted in major one-day gains for the stock. By the numbers, FIT stock jumped 15% the day after earnings in August, and 12.1% after earnings in May. In fact, the equity has ended the session after earning...Read More