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 after former Trump campaign manager Paul Manafort surrendered to feds in response to being indicted by Robert Mueller. Among the stocks making moves this morning are energy concern Diamond Offshore Drilling Inc (NYSE:DO), healthcare provider Merck & Co., Inc. (NYSE:MRK), and homebuilder CalAtlantic Group Inc (NYSE:CAA). Here's a closer look at what's moving shares of...Read More

Analysts are weighing in on pharmaceutical stock Adamas Pharmaceuticals Inc (NASDAQ:ADMS), Chinese e-commerce name Alibaba Group Holding Ltd (NYSE:BABA), and online retail platform Shopify Inc (US) (NYSE:SHOP). Here's a quick roundup of today's bullish brokerage notes on shares of ADMS, BABA, and SHOP.Analyst Expects Adamas Pharmaceuticals Stock Surge to Continue Adamas Pharmaceuticals stock is...Read More

Analysts are weighing in on semiconductor stock Advanced Micro Devices, Inc. (NASDAQ:AMD), retailer Macy's Inc (NYSE:M), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on AMD, M, TSLA.AMD Stock Nears Oversold Territory After MS DowngradeAMD stock is down 4.8% at $11.26 this morning, after Morgan Stanley lowered its rating to "underweigh...Read More

Dow Jones Industrial Average (DJIA) futures are sluggish to start the week, as markets digest reports that former Trump campaign manager Paul Manafort surrendered to feds after being indicted by special counsel Robert Mueller. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also lower, with the indexes set to pull back after Friday's tech-inspired rally to record highs. Traders...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. We'll get data on inflation, personal income and spending, auto sales, productivity, and the October payrolls report on Friday.But from a macro perspective, the biggest news is likely to...Read More

Canadian oil producer Cenovus Energy (TSX, NYSE:CVE) has named industry veteran Alex Pourbaix chief executive officer, effective Nov. 6.Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus' $17.7 billion acquisition of oil sands and Deep Basin assets from ConocoPhillips (NYSE:COP).Pourbaix, who worked at TransCanada Corp for 27 years, most recently hel...Read More

Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More

Let’s Not Pick and Choose Our FreedomsProstitution has been illegal in California for 145 years. But for the first time, judges appear to be considering overturning the law.In the past, challenges to the law have been outright dismissed. But now judges have agreed to take a closer look at the California law."Why should it be illegal to sell something that it's legal to give away?" A judge as...Read More

Have you seen these types of articles? They say, “Why You Need To Stop…” and then fill in the personal preference of the author. They tell you all the things you need to stop doing in order to be a politically correct, castrated, unimposing social automaton.Why You Need to Stop Reading Barstool Sports. It’s because the author is offended by barstool sports, and thinks it is...Read More

Have you seen these types of articles? They say, “Why You Need To Stop…” and then fill in the personal preference of the author. They tell you all the things you need to stop doing in order to be a politically correct, castrated, unimposing social automaton.Why You Need to Stop Reading Barstool Sports. It’s because the author is offended by barstool sports, and thinks it is...Read More

The S&P 500 Index (SPX), and Nasdaq Composite (IXIC) both touched fresh record highs, as traders cheered earnings rallies from tech stocks like Alphabet (GOOGL), Amazon (AMZN), Microsoft (MSFT), and Intel (INTC). The Nasdaq had its biggest one-day point gain since August 2015, and rounded out the week with a fifth consecutive weekly win. Earnings and a stronger-than-expected reading on third-qua...Read More

It's been a rocky ride, but the Dow Jones Industrial Average (DJIA) and the S&P 500 (SPX) should extend their weekly win streaks to a seventh week, as traders cheer relatively strong third-quarter earnings reports from several big-cap companies -- particularly in the tech sector. Meanwhile, the Nasdaq Composite (IXIC) is pacing for its best session in over a year, and should pull in its fifth c...Read More

Stocks are higher this afternoon, but its the Nasdaq Composite (COMP) that's stolen the show on its way to a new record high. However, not all of the day's action is to the upside, with tech name Super Micro Computer, Inc. (NASDAQ:SMCI), retail stock Macy's Inc (NYSE: M), and biotech Gilead Sciences, Inc. (NASDAQ:GILD) all spiraling. Here's a quick look at what's moving shares of SMCI, M, and GIL...Read More

It's been a rough week for biotech stocks, due to a handful of earnings disappointments and concerns about Amazon's (AMZN) entry into the pharmaceutical sector. As such, the SPDR S&P Biotech ETF (XBI) is pacing for its worst week since late June, while the Health Care Select Sector SPDR Fund (XLV) is set for its worst week in a year. However, if recent history is any indicator, today's biotech wea...Read More

Today, it's all about tech stocks on Wall Street, with a sector-wide rally headlined by Amazon's post-earnings run to record highs. But the e-commerce firm's gain is another sector's pain: pharmacy stocks. This group is crashing today amid fresh buzz Amazon is entering the pharmaceutical industry. For instance, both Walgreens Boots Alliance Inc (NASDAQ:WBA) and Rite Aid Corporation (NYSE:RAD) hit...Read More

The Nasdaq Composite (IXIX) is at record highs today -- on track for its best day of the year -- as Wall Street reacts to strong tech earnings from such heavyweights as Alphabet (GOOGL), Amazon (AMZN), and Microsoft (MSFT). Against this backdrop, the PowerShares QQQ Trust (QQQ) and the Technology Select Sector SPDR Fund (ELK) are carving out new highs, as well, and options traders are blasting the...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading higher this afternoon, buzzing from upbeat gross domestic product (GDP) data and slew ofbig-name tech earnings, including reports from Microsoft (MSFT), Intel (INTC), Amazon (AMZN), and Alphabet (GOOGL). The tech-rich Nasdaq is up triple digits and exploring fresh record highs, on pace for its be...Read More

Restaurant stocks haven't been the best investment choice over the past year. According to Schaeffer's Senior Quantitative Analyst Rocky White, only 50% of the names in our Restaurant sector are trading above their 80-day moving average, and the group had an average year-over-year gain of just 0.5% at Tuesday's close, vastly underperforming the broader market. However, Buffalo Wild Wings (BWLD) ju...Read More

Boeing Co (NYSE:BA) delivered earnings on Wednesday that topped estimates, but the shares pulled back nonetheless, leaving many investors disappointed the blue-chip aerospace stock did not ascend to record highs. Below, we will examine the fallout of Boeing's earnings report, and how options traders are positioning themselves.Following Wednesday's earnings report, Boeing shares pulled back, but t...Read More

Tech earnings are drawing the attention of analysts today, with a number of brokerages weighing in FAANG stocks Alphabet Inc (NASDAQ:GOOGL) and Amazon.com, Inc. (NASDAQ:AMZN), as well as Dow component Intel Corporation (NASDAQ:INTC). Here's a quick roundup of today's bullish brokerage notes on shares of GOOGL, AMZN, and INTC.Alphabet Stock Skyrockets to Record High On Earnings BeatAlphabet stock...Read More