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, en route to new record highsas third-quarter earnings roll in. Among the stocks making moves this morning are financial institution Bank of America Corp (NYSE:BAC), bank holding company Wells Fargo & Co (NYSE:WFC), and gene therapy concern Sparks Therapeutics Inc (NASDAQ:ONCE). Here's a closer look at what's moving shares of BAC, WFC and ONCE.Bank of Am...Read More

Analysts are weighing in on TV streaming platform Netflix, Inc. (NASDAQ:NFLX), software solutions provider HP Inc (NASDAQ:HPQ), and car maker General Motors Company (NYSE:GM). Here's a quick roundup of today's bullish brokerage notes on shares of NFLX, HPQ, and GM.Netflix Scores Price-Target Hikes Ahead of Earnings, Breaks $200Netflix stock is trading up 2.3% at $200.33, earlier hitting a record...Read More

Dow Jones Industrial Average (DJIA) futures are higher ahead of the bell, signaling another record high for the index, as traders weigh the latest round of bank earnings and economic data. Bank of America stock is pointed higher after earnings, while fellow financial concern Wells Fargo is headed lower. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightly higher as well,...Read More

Despite notching record highs in intraday trading, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) closed in the red today. Poorly received earnings from big banks like JPMorgan Chase and Citigroup pressured financial stocks lower, while AT&T's warning about third-quarter results weighed on telecom stocks. Meanwhile, traders digested President Trump's ex...Read More

Subscribers to Schaeffer's Option Advisor service recently scored a 100% profit from January 2018 82.50-strike Walgreens Boots Alliance Inc (NASDAQ:WBA) puts. Below, we'll break down why we were bearish on WBA and how the successful options trade unfolded. On Sept. 20, the Federal Trade Commission (FTC) approved Walgreens Boots Alliance's bid to buy roughly 42% of Rite Aid stores. The news sent W...Read More

U.S. stocks are slightly lower today, despite the Dow, S&P 500, and Nasdaq Composite all touching record highs earlier. Retail stocks Ethan Allen Interiors Inc. (NYSE:ETH), Williams-Sonoma, Inc. (NYSE:WSM), and Ulta Beauty Inc (NASDAQ:ULTA) are all having days to forget, amid sector headwinds. Here's a quick look at what is moving shares of ETH, WSM, and ULTA.Ethan Allen Stock Slides After Lowere...Read More

Options trading has been red-hot on Micron Technology, Inc. (NASDAQ:MU), with total open interest of 2.59 million contracts at the top of its annual range. Calls have the edge over puts, with 1.53 million of the former and 1.05 million of the latter currently open. Regardless of how options traders are positioning themselves, though, those purchasing short-term premium are able to do so at a relat...Read More

Health insurance stock UnitedHealth Group Inc (NYSE:UNH) is down 0.8% today at $193.61, with healthcare stocks in focus after President Trump signed an executive order aimed at rolling back parts of Obamacare. However, UNH shares are now trading just above their 80-day moving average, a trendline that has had bullish implications in the past. If history repeats, UNH stock could be headed back towa...Read More

Twitter Inc (NYSE:TWTR) is up 4% at $18.43, putting the shares on pace for their highest close since their late-July bear gap. Interestingly, this puts TWTR stock on pace to close atop its 24-month -- or two-year -- moving average for the first time ever. Meanwhile, options traders continue to bet on more upside from the security. First of all, the equity has a 10-day call/put volume ratio of 4.8...Read More

The shares of credit agency Equifax Inc. (NYSE:EFX) are in the red today, after the company took one of its web pages offline to look into another potential cybersecurity attack. Just over a month ago, Equifax revealed a massive data breach impacting millions of consumers, sparking a round of executive departures and lots of heat from Washington, D.C. At last check, EFX stock is down 1.2% at $109....Read More

A handful of Federal Reserve officials will step up to the podium again this week. Fed Chair Janet Yellen's Friday speech will likely draw the biggest crowd, and Vice Chairman Stanley Fischer will take the mic on Wednesday.Plus, third-quarter earnings season kicks into high gear with several notable names set to report, including Dow components American Express Company (NYSE:AXP), General Electric...Read More

Netflix, Inc. (NASDAQ:NFLX) has been one of the hottest stocks on Wall Street in recent weeks, with the shares touching a record high of $199.40 on Monday. NFLX stock was more recently seen trading at $196.10, and with the streaming content company scheduled to report earnings after the close next Monday, more analysts -- and, seemingly, options traders -- are expecting additional upside from the...Read More

Today, on Business News Network (BNN), Bruce Campbell, president and portfolio manager at StoneCastle Investment Management, discusses his outlook on Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF)."We think that over the next year or two it's going to be one of the ones that goes from probably not very well known to being a complete market darling."- Bruce CampbellPlease find the link to the...Read More

The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) started the session in the red, as traders eyed the first big batch of quarterly earnings, led by big banks. However, the Dow has since peeked higher and touched another record high, and a rally in tech stocks has also helped the Nasdaq to an all-time peak. The S&P remains modestly lower, though, as media...Read More

Third-quarter earning season is officially underway, with big-cap bank stocks JPMorgan (JPM) and Citigroup (C) trading modestly lower in the wake of this morning's quarterly results. Next up are Bank of America Corp (NYSE:BAC), PNC Financial Services Group Inc (NYSE:PNC), and Wells Fargo & Co (NYSE:WFC), which are all slated to report earnings ahead of tomorrow's open. Here's a closer look at how...Read More

U.S. stocks are trading slightly lower this morning, as third-quarter earnings season commences. Among the stocks making moves this morning are banking institution and blue-chip powerhouse JPMorgan Chase & Co (NYSE:JPM), pizza restaurant chain Domino's Pizza, Inc. (NYSE:DPZ), and drugmaker AcelRx Pharmaceuticals Inc (NASDAQ:ACRX). Here's a closer look at what's moving shares of JPM, DPZ, and ACR...Read More

Analysts are weighing in on biotech Ardelyx Inc (NASDAQ:ARDX), mobile game maker Glu Mobile Inc. (NASDAQ:GLUU), and retail giant Wal-Mart Stores Inc (NYSE:WMT). Here's a quick roundup of today's bullish brokerage notes on shares of ARDX, GLUU, and WMT.Ardelyx Spikes On Price-Target HikesArdelyx stock is up 41.7% to trade at $7.65, after the company last night announced its constipation drug suc...Read More

Analysts are weighing in on retail stock J.Jill Inc (NYSE:JILL), network equipment specialist Juniper Networks, Inc. (NYSE:JNPR), and prepaid card name Blackhawk Network Holdings Inc (NASDAQ:HAWK). Here's a quick roundup of today's bearish brokerage notes on shares of JILL, JNPR, and HAWK.J. Jill Stock Spirals After Slashed Guidance, DowngradeJILL stock is bracing for a 45% drop out of the gate --...Read More

Dow Jones Industrial Average (DJIA) futures are slightly lower ahead of the bell, following another record close yesterday, as financial stocks kick off third-quarter earnings season. JPMorgan Chase (JPM) stock is waffling in pre-market action, as traders weigh an earnings beat against weak trading results for the firm. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightl...Read More

"All governments suffer a recurring problem: Power attracts pathological personalities. It is not that power corrupts but that it is magnetic to the corruptible."?EURo Frank HerbertPower corrupts.Worse, as 19th-century historian Lord Acton concluded, absolute power corrupts absolutely.It doesn't matter whether you're talking about a politician, an entertainment mogul, a corporate CEO or a police o...Read More