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 higher this morning after another positive round of earnings reports. Among the stocks making moves this morning are solar energy solutions provider First Solar, Inc. (NASDAQ:FSLR), retailer J C Penney Company Inc (NYSE:JCP), and drugstore chain CVS Health Corp (NYSE:CVS). Here's a closer look at what's moving shares of FSLR, JCP, and CVS.FSLR Earnings Send Short Sellers...Read More

Analysts are weighing in on Chinese internet stock Baidu Inc (NASDAQ:BIDU), Barbie maker Mattel, Inc. (NASDAQ:MAT), and electric car concern Tesla Inc (NASDAQ:TSLA). Here's a quick roundup of today's bearish brokerage notes on BIDU, MAT, and TSLA.Baidu Stock Drops on Disappointing Revenue GuidanceBaidu stock is down 7% to trade at $242.29, after the company gave a lower-than-anticipated revenue f...Read More

Dow Jones Industrial Average (DJIA) futures are higher this morning, as the Dow eyes its seventh straight weekly win and markets react to another round of excellent earnings reports. Most notably, the Nasdaq-100 Index (NDX) is set to outperform, thanks to outstanding results from tech all-stars Intel (INTC), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL). Elsewhere, stocks are reacting to...Read More

While worries of the recreational market are fixated on distribution and price of dried cannabis, many industry experts fear a shortage of LPs licensed to also produce and sell cannabis oil will leave the market undersupplied.The regulatory system is not structured to solely license companies exclusively focused on oil extraction: "The way the system is set up is that it is a complete seed-to-sal...Read More

Here’s an update on my latest trades for the week ending on October 27, 2017.Bought 3,000 shares of NexGen Energy (NXE) @ $2.10/share Bought 9,000 shares of Erdene Resources (ERDCF) @ $0.5126/share Sold 5,000 shares of Garibaldi Resources (GGI.V) @ C$4.85/share NexGen EnergyUranium is hated right now, which is good for anyone who wants to hunt for deep value discounts… The problem,...Read More

The power or right to act, speak, or think as one wants without hindrance or restraint... that’s freedom.For many, the word means the ability to do as they see fit. For some, it’s a call to action. And for others, freedom is a dream worthy of giving their lives.Fortunately for a good number of people within the Western world, freedom is something we have come to expect within our dail...Read More

The power or right to act, speak, or think as one wants without hindrance or restraint... that’s freedom.For many, the word means the ability to do as they see fit. For some, it’s a call to action. And for others, freedom is a dream worthy of giving their lives.Fortunately for a good number of people within the Western world, freedom is something we have come to expect within our dail...Read More

After suffering its worst day in weeks yesterday, the Dow Jones Industrial Average (DJIA) bounced to close higher in tandem with the S&P 500 Index (SPX), as traders cheered strong earnings from Twitter (TWTR) and Ford Motor (F). Meanwhile, hopes for tax reform surged after a narrowly passed budget in the House. Reports also circulated that President Trump narrowed his choices for the next Fed...Read More

Social media powerhouseFacebook Inc (NASDAQ:FB) stock has been in a long-term uptrend, touching a record high of $176.74 just last week. However, the stock recently pulled back to a key trendline that has had bullish implications in the past. If history repeats itself, FB stock could be screaming "buy" ahead of earnings next week. According to Schaeffer's Senior Quantitative Analyst Rocky White, t...Read More

Stocks are higher this afternoon, with all three major U.S. benchmarks boosted by an array of upbeat earnings reports. However, not all of the day's action is to the upside, with biotech Celgene Corporation (NASDAQ:CELG), tech stock Nokia Oyj (NYSE:NOK), and wellness retailer GNC Holdings Inc (NYSE:GNC) all spiraling. Here's a quick look at what's moving shares of CELG, NOK, and GNC.Celgene Stock...Read More

Overstock.com, Inc. (NASDAQ:OSTK) is having another huge day, with shares of the online retailer rising 8.2% to trade at $44.75, and earlier hit a 12-year high of $45.80. This is just more of the same from the equity, which has been on a breathtaking ascent since early August, when it was traded below $15. With a 14-day Relative Strength Index (RSI) of 76, OSTK is now overbought, but D.A. Davidson...Read More

The weekly Investor Intelligence (II) sentiment poll last week showed optimism creeping higher yet again, sending one sentiment indicator that we track to its highest point in 30 years. Against this backdrop, we decided to take a look at how the stock market performs after these relatively rare sentiment signals.Weekly II ResultsThe percentage of bullish II advisors last week rose to 62.3% from 6...Read More

It's peak earnings season, with positive reactions for Dow stocks Caterpillar (CAT) and McDonald's (MCD) driving the blue-chip index to record highs this week. The action is far from over, with oil majors Chevron Corporation (NYSE:CVX) and Exxon Mobil Corporation (NYSE:XOM) slated to unveil their quarterly results before tomorrow's open. Although CVX and XOM have been rising with oil prices recent...Read More

Subscribers to Schaeffer's Leverage Trader service recently scored a 119% profit from the October 109 ServiceNow Inc (NYSE:NOW) calls. Below, we'll break down why we were bullish on NOW and how the successful options trade unfolded. When we recommended the call on Sept. 27, NOW stock was in the midst of a modest pullback from what was then a record high of $118.62 on Sept. 7. Plus, the software...Read More

Third-quarter earnings season continues full speed ahead next week, with big-cap companies like Apple Inc. (NASDAQ:AAPL), DowDuPont Inc (NYSE:DWDP), Facebook Inc (NASDAQ:FB), and Pfizer Inc. (NYSE:PFE) expected to report. On the economic front, traders will keep an eye trained on the Federal Open Market Committee's (FOMC) two-day policy-setting meeting -- though no interest rate hike is expected -...Read More

Apple Inc. (NASDAQ:AAPL) will begin taking orders for its iPhone X tomorrow morning. Concerns over production delays cropped up recently, but Rosenblatt Securities said this morning the issue has been resolved and it believes output "could reach 3 million units by the November 3rd launch date." And while AAPL stock is trading up 0.7% at $157.55 ahead of the event, one group of options traders is b...Read More

Despite earlier hitting a record high of $190.25, Raytheon Company (NYSE:RTN) was last seen trading 9% lower at $180.38. The company this morning released third-quarter earnings that topped estimates, but revenue missed and Vertical Research deemed the quarter "good but not great." The shares are on pace for their lowest close since Sept. 14, and their first below the 50-day moving average since A...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are trading higher after a bout of impressive earnings, headlined by Twitter (TWTR) and Ford (F). The market is also reacting to fresh rumors that President Trump is leaning toward Fed Governor Jerome Powell or economist John Taylor to head the Fed, as well as the European Central Bank's (ECB) bond-buying pl...Read More

U.S. stocks are trading higher, signaling a quick comeback from yesterday's disappointing close.Among the stocks making moves this morning are social media powerhouse Twitter Inc (NYSE:TWTR), automobile maker Ford Motor Company (NYSE:F), and pharmaceutical concern MediciNova, Inc. (NASDAQ:MNOV). Here's a closer look at what's moving shares of TWTR, F, and MNOV.TWTR Pops on Profit ForecastShares o...Read More

Analysts are weighing in on restaurant chain Buffalo Wild Wings (NASDAQ:BWLD), casino stock Las Vegas Sands Corp. (NYSE:LVS), and semiconductor concern STMicroelectronics NV (NYSE:STM). Here's a quick roundup of today's bullish brokerage notes on shares of BWLD, LVS, and STM.Buffalo Wild Wings Stock Pops on Big Earnings Beat Buffalo Wild Wings stock is up a whopping 17.4% to trade at $118.75, aft...Read More