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

"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

Despite a bit of a rocky start, theDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all closed modestly higher today, after minutes from the Federal Open Market Committee (FOMC) September meeting reaffirmed expectations for a December interest rate hike. Although "many participants expressed concern" about low inflation, severalthink another rate hike in 2017...Read More

Google parent Alphabet Inc (NASDAQ:GOOGL), e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN), and TV streaming service Netflix, Inc. (NASDAQ:NFLX) all received bullish analyst attention today. Below, we will check in with these FAANG stocks and see how they are faring ahead of earnings season, with Netflix set to report early next week.Alphabet Stock Breaks Back Above $1,000 LevelEarlier today,...Read More

The end of this week will mark the second -- and last -- Friday the 13th of 2017, a day that strikes fear in the heart of the superstitious. This day hasspooked the stock market in recent years, though the S&P 500 Index (SPX) bucked this bearish trend this past January. But, if history is any guide, the SPX could be headed toward end-of-week losses, with retail stocks Kohl's Corporation (NYSE:KSS)...Read More

President Donald Trump earlier today once again took aim at NBC in a tweet, a move that could be having a negative effect on other media stocks. For instance, Twenty-First Century Fox Inc (NASDAQ:FOXA) and CBS Corporation (NYSE:CBS) are both sharply lower today, and data suggests shares of both companies could have further to drop. Let's take a closer look at FOXA and CBS below. Media Sector Looks...Read More

Citigroup Inc (NYSE:C) will join fellow big-cap bank JPMorgan Chase (JPM) in the earnings confessional bright and early tomorrow morning, as third-quarter earnings season gets underway. Despite the stock's history of negative earnings reactions, C options traders have been loading up on long calls ahead of the quarterly event, with 2.66 calls bought to open for each put on the International Securi...Read More

In just two days it will be Friday the 13th -- a day many superstitious people feel has ominous undertones. But how does the stock market typically perform on this notoriously spooky day? Below, we take a look at how the S&P 500 Index (SPX) tends to fare on Friday the 13th, and outline 25 stocks for short-term option bulls, if history is any guide, including oil issue Phillips 66 (NYSE:PSX).Before...Read More

U.S. stocks are modestly higher today, as traders cautiously await the Fed meeting minutes. However, not all the action is sluggish, with IT services firm Helios and Matheson Analytics Inc (NASDAQ:HMNY), grocery stock Kroger Co (NYSE:KR), and biotech Aerie Pharmaceuticals Inc (NASDAQ:AERI) making big moves. Here's a quick look at what is moving shares of HMNY, KR, and AERI.Citron Swipe Can't Sto...Read More

The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) have been sticking close to breakeven today, in anticipation of the soon-to-be released Fed meeting minutes, which could provide clues to a possible December interest rate hike. Against this backdrop, the major equity indexes have wavered between small gains andlosses, with stocks cooling their jets afte...Read More

Third-quarter earnings season kicks off this week, with a number of big-cap financial firms set to take the stage. JPMorgan Chase & Co. (NYSE:JPM) will report quarterly results ahead of tomorrow's open -- and options traders are betting on big things for the bank stock in the wake of earnings.At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX...Read More

U.S. stocks are little changed this morning, with the lack of movement stemming from anticipation ahead of today's Fed meeting minutes release. Among the stocks making moves this morning are airliner Delta Air Lines, Inc. (NYSE:DAL), security and data solutions company Barracuda Networks Inc (NYSE:CUDA), and refrigerant services concern Hudson Technologies, Inc. (NASDAQ:HDSN). Here's a closer look...Read More

Analysts are weighing in on oil-and-gas company Schlumberger Limited (NYSE:SLB), Dow stock General Electric Company (NYSE:GE), and biotech bluebird bio Inc (NASDAQ:BLUE). Here's a quick roundup of today's bearish brokerage notes on shares of SLB, GE, and BLUE.BMO Downgrades Schlumberger StockBMO downgraded Schlumberger stock to "market perform" from "outperform," while reducing its price target by...Read More

Analysts are weighing in on digital payment platform PayPal Holdings Inc (NASDAQ:PYPL), social media giant Facebook Inc (NASDAQ:FB), and mobile camera application Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bullish brokerage notes on shares of PYPL, FB, and SNAP.Analyst Expects More Record Highs For PayPal StockPayPal stock is up 1.8% to trade at $67.21, earlier hitting a record hig...Read More

Dow Jones Industrial Average (DJIA) futures are trading in positive territory this morning, after the blue-chip index hit a record high on Tuesday. While the Dow's pre-market upside is modest, futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are slightly lower, with traders apparently unwilling to make any big moves ahead of this afternoon's release of the September Fed meeting minute...Read More

The consistency of daily stock increases has been remarkable lately. This is true for the four major indexes -- S&P 500 Index (SPX), Dow Jones Industrial Average (DJIA), Russell 2000 Index (RUT), and the Nasdaq Composite (IXIC). It has been great for portfolios, but can it last? This week I'm looking at a couple measures that highlight this consistency to see how sustainable it can be going forwa...Read More

“How do we fit the latest tragedy into our political agenda?” The media wondered. “Gun control is so clich?(C). And even though the tragedies get bigger and bigger, we still have little luck!”“I have an idea!” Exclaimed one outlet, “We can convince people that if they don’t report their neighbors and family members to authorities for acting subjectiv...Read More

“How do we fit the latest tragedy into our political agenda?” The media wondered. “Gun control is so clich?(C). And even though the tragedies get bigger and bigger, we still have little luck!”“I have an idea!” Exclaimed one outlet, “We can convince people that if they don’t report their neighbors and family members to authorities for acting subjectiv...Read More

TheDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all posted record highs in early trading, but both the S&P and Nasdaq struggled to stay positive during the second half of the session. Retail giant Wal-Mart Stores (WMT) kept the Dow ahead of the pack, with WMT stock closing 4.5% higher after the company announced a $20 million buyback plan. However, with the...Read More

Shares of General Electric Company (NYSE:GE) tumbled to $23.25 on Monday -- their lowest level in two years -- following news of a massive executive shake-up. And while GE is up 0.4% today to trade at $23.52, one options trader seems to think this is a "dead-cat bounce," and is betting on even lower lows for the Dow stock through year's end.At last check, more than 89,000 puts have traded on GE so...Read More

The Consumer Staples Select Sector SPDR Fund (XLP) sports a year-to-date lead of less than 5%, easily underperforming the broader stock market. Making matters worse, the exchange-traded fund (ETF) has failed to recover since crossing below its 200-day moving average on Sept. 21, with the shares hitting a nearly seven-month low yesterday. Today, XLP is up 0.7% at $54.07 despite losses from the fun...Read More