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

The U.S. stock market has been carving out a steady stream of new highs this year, with the Dow most recently slicing through the key 23,000 level, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) notching record highs of their own today. And while the University of Michigan's latest consumer sentiment index signaled elevated levels of optimism from consumers, other sentiment indicators are...Read More

PayPal Holdings Inc (NASDAQ:PYPL) has been a major winner over the past year, adding roughly 69% year-over-year. The stock hit a record high of $69.61 on Oct. 13, and was last seen trading at $67.17, putting it on pace for a remarkable 11-month win streak. With the digital payments processor set to release earnings tomorrow, analysts and options traders are growing even more bullish on PYPL shares...Read More

The Dow Jones Industrial Average (DJIA)is trading higher this afternoon, comfortably north of the 23,000 mark and in record-high territory, thanks to another round of impressive blue-chip earnings. Specifically, IBM Stock is driving the Dow higher after earnings, and the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also fresh off record highs, though the latter has since dipped into the...Read More

Earnings season is in full swing. In addition to a number of Dow names and financial firms stepping up to the earnings plate, aerospace giant Honeywell International Inc. (NYSE:HON) is slated to unveil its quarterly results before Friday's open. Here's a closer look at how HON stock has been performing ahead of earnings, and how options traders are positioning themselves.Honeywell stock has added...Read More

Analysts are weighing in on semiconductor concern Lattice Semiconductor Corp (NASDAQ:LSCC), camera maker GoPro Inc (NASDAQ:GPRO), and Dow stock Merck & Co., Inc. (NYSE:MRK). Here's a quick roundup of today's bullish brokerage notes on shares of LSCC, GPRO, and MRK.Lattice Semiconductor Stock Scores First 'Buy' Rating in 5 MonthsLattice Semiconductor stock is up 5.1% to trade at $5.78, after Jeffe...Read More

U.S. stocks are trading mostly higher this morning, with strong IBM earnings sending the Dow to another new record above 23,000 -- even as the Nasdaq gives up early gains to trade slightly lower. Among the stocks making moves this morning are Sleep Number mattress parent Select Comfort Corp. (NASDAQ:SCSS), drug concern Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), and financial stock JPMorgan Ch...Read More

Analysts are weighing in on burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG), Snapchat parent Snap Inc (NYSE:SNAP), and energy stock Chevron Corporation (NYSE:CVX). Here's a quick roundup of today's bearish brokerage notes on shares of CMG, SNAP, and CVX.CMG Stock Downgraded at BofA-Merrill LynchAhead of next Tuesday's earnings report, Chipotle Mexican Grill was downgraded to "underperform" f...Read More

Dow Jones Industrial Average (DJIA) futures are comfortably higher this morning, signaling another record high for the index. The Dow is set to take aim at the 23,000 level it briefly crossed yesterday, with help fromIBM's (IBM)earnings beat. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also higher ahead of the bell. Outside of earnings, traders are digesting lower-than-expected Septemb...Read More

Each month, the University of Michigan publishes their popular consumer sentiment index, which gauges the confidence of the average U.S. consumer. Additionally, and with less fanfare, the Michigan survey also publishes data on whether consumers think the stock market will increase over the next year. With the stock market at all-time highs, it's not surprising these polls are showing elevated leve...Read More

Everybody loves Hitler.Hitler is a one-size-fits-all kinda guy. He’s always on time, never complains and works for free. The perfect Government stooge.Have doubts about free-for-all immigration?Annoyed by militant feminism?Believe in traditional values?Not seduced by Socialism?Got no love for Sharia law?Why, you must be a Nazi.It’s simple.Hitler is the most prized horse in the entire s...Read More

Everybody loves Hitler.Hitler is a one-size-fits-all kinda guy. He’s always on time, never complains and works for free. The perfect Government stooge.Have doubts about free-for-all immigration?Annoyed by militant feminism?Believe in traditional values?Not seduced by Socialism?Got no love for Sharia law?Why, you must be a Nazi.It’s simple.Hitler is the most prized horse in the entire s...Read More

The Dow Jones Industrial Average (DJIA) topped the 23,000 level for the first time in early trading today, thanks to strong earnings from components Johnson & Johnson (JNJ) and UnitedHealth Group (UNH). Traders also cheered reports of a bipartisan healthcare agreement, which could help to preserve the Obamacare subsidies that President Trump put on the chopping block last week. However, despite...Read More

Big-cap financial firms continue to make headlines, as third-quarter earnings season heats up. Goldman Sachs Group Inc (NYSE:GS) and Morgan Stanley (NYSE:MS) both posted better-than-expected earnings today, although shares of the former closed lower. Stepping up to the earnings plate tomorrow are U.S. Bancorp (NYSE:USB) before the open and American Express Company (NYSE:AXP) after the close....Read More

Healthcare stocks are in focus today, after Senators Lamar Alexander and Patty Murray -- a Tennessee Republican and Washington Democrat, respectively -- announced a bill to reinstate federal subsidies to health insurers. Less than one week after issuing an executive order to roll back parts of Obamacare, President Trump called the bipartisan effort a "short-term" deal. Nevertheless, the Health Car...Read More

Online auction site eBay Inc. (NASDAQ:EBAY) hit an all-time high earlier this month of $39.28, but has since pulled back to a critical technical level that could provide key support. With the company's third-quarter earnings scheduled for release after the market closes tomorrow, Oct. 18, the stock could be set to bounce from this significant chart region -- but options traders appear to be bracin...Read More

Overstock.com, Inc. (NASDAQ:OSTK) is surging today, with some citing continued tailwinds from Marc Cohodes' change of heart last week, with the noted short seller citing the online retailer's exposure to digital currency as one of the reasons he's now long OSTK. Regardless of the reason, Overstock shares were last seen up 13.9% at $34.52 -- earlier hitting a four-year high of $34.60 -- and options...Read More

This Thursday, Oct. 19, will mark the 30th anniversary of Black Monday -- when the stock market notoriously crashed in 1987. This week, we'll be publishing a handful of features in observance of the event, kicking off today with stats on stock market performance before Black Monday, the hypothetical CBOE Volatility Index (VIX) reaction, and how the S&P 500 Index (SPX) has performed after its last...Read More

The Dow is modestly higher today, and just topped the 23,000 level for the first time ever. Among specific stocks on the move are educational product name Pearson plc (NYSE:PSO), solar power firm TerraForm Power Inc (NASDAQ:TERP), and water technology expert Badger Meter, Inc. (NYSE:BMI). Here's a quick look at what is moving shares of PSO, TERP, and BMI.Pearson Stock Surging After Upbeat Profit F...Read More

The Dow Jones Industrial Average (DJIA)is trading modestly higher this afternoon, with the index hitting a fresh all-time high during intraday trading. A handful of blue-chip earnings reports lifted the Dow above 23,000 for the first time ever, with UnitedHealth Group (UNH) and Johnson & Johnson (JNJ) stocks soaring to new highs. At last check, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC)...Read More

It was major headline news in September when JPMorgan Chase (JPM) CEO Jamie Dimon described bitcoin (BTC=) as "a fraud," with the cryptocurrency tumbling over 900 points (roughly 22% of its value) over the course of the following two trading days. In scathing commentary delivered at an investing conference, Dimon called bitcoin "stupid," and added, "It's worse than tulip bulbs... Someone is going...Read More