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 good news continue to pour in for Amazon.com (AMZN) following the company's Whole Foods purchase, with Bloomberg reporting another strong increase in foot traffic for the grocer. While Wal-Mart (WMT) is often seen as the main Amazon rival, the recent foot traffic data suggests Sprouts Farmers Market Inc (NASDAQ:SFM) could be the big loser, and the shares are sliding as a result. The stock...Read More

The fourth quarter is typically the strongest of the year for U.S. stocks. However, while the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), Nasdaq Composite (IXIC), and Russell 2000 Index (RUT) typically outperform in the final three months of the calendar year, 2017 could be an exception for some of the indexes, if history repeats. Below, we'll take a look at how the record-setting Do...Read More

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) are trading up 5.4% today at $13.39 -- the best stock on the S&P 500 Index (SPX) at last check. While some are crediting the surge to unconfirmed takeover chatter, others are speculating on a possible short squeeze -- in addition to the company's newly released embedded graphics processing unit (GPU). Whatever the reason, call volume is soaring i...Read More

Software giant Adobe Systems Incorporated (NASDAQ:ADBE) has been a consistent outperformer in 2017. So much so, in fact, that BofA-Merrill Lynch added the tech stock and its sector peer Broadcom Ltd. (NASDAQ:AVGO) to the the popular Wall Street acronym "FANG," declaring it now "FAAANG." The exclusive club -- first christened by CNBC's Jim Cramer -- originally consisted of Facebook (FB), Amazon (...Read More

Intel Corporation (NASDAQ:INTC) has been on fire over the past month, gaining 11.7% since the end of August to trade at $39.19. In fact, the shares earlier hit a nearly 17-year high of $39.31, breaking out above the $37-$38 area which had capped upside moves since late 2014, and are on pace for their sixth straight win. All the while, options traders have been using call options to speculate on t...Read More

Stocks are once again pushing higher, with the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all hitting record highs. The risk-on approach comes despite a rather quiet day for economic data, though auto stocks are reacting to the latest monthly sales data. Overall, the Dow is on pace for a fifth straight win, while the S&P and Nasdaq are set to extend t...Read More

Ford Motor Company (NYSE:F) is flying high today -- up 2.1% at $12.35 -- as traders react to the automaker's 9% rise in September vehicle sales. Given today's notable pop, it's not too surprising to see options trading hands at a blistering pace in Ford's options pits. And while a number of speculators are targeting more upside for F stock, some traders are betting on a quick retreat.By the number...Read More

U.S. stocks are trading higher this morning, with the Dow sailing to higher record highs. Among the stocks making moves this morning are real estate and homebuilder Lennar Corporation (NYSE:LEN), biopharmaceutical company Vical Incorporated (NASDAQ:VICL), and credit service Equifax Inc. (NYSE:EFX). Here's a closer look at what's moving shares of LEN, VICL, and EFX.LEN Shares Pick Up After Third...Read More

Analysts are weighing in on carmaker General Motors Company (NYSE:GM), digital payments company PayPal Holdings Inc (NASADQ:PYPL), and casino stock Las Vegas Sands Corp. (NYSE:LVS). Here's a quick roundup of today's bullish brokerage notes on shares of GM, PYPL, and LVS.Upgrade Fuels General Motors Stock to Another Record HighAfter earlier hitting a record high of $43.70, General Motors stock w...Read More

Analysts are weighing in on electric vehicle maker Tesla Inc (NASDAQ:TSLA), tile manufacturer Tile Shop Holdings, Inc. (NASDAQ:TTS), and restaurant stock Brinker International, Inc. (NYSE:EAT). Here's a quick roundup of today's bearish brokerage notes on shares of TSLA, TTS, and EAT.Tesla Production Falls ShortTesla last night said that it fell short of its goal to build 1,500 Model 3 vehicles in...Read More

Qualcomm (QCOM) has had a rough 2017, with the shares racking up a year-to-date loss of more than 20%. The chip stock's decline accelerated on July 20, when a poorly received profit forecast sent QCOM gapping below the $56 level -- a key price point representing double the equity's 2008 lows. Now, with resistance from QCOM's 40-day moving average directly overhead following a brief period of conso...Read More

Dow Jones Industrial Average (DJIA) futures are higher in electronic trading, with the blue-chip index on track for another record-setting session. Strong economic data fueled yesterday's gains in stocks, and today, motor vehicle sales will be in focus. Traders will also keep one eye trained on Las Vegas, as developments continue to unfold surrounding Sunday's mass shooting, as well as on Puerto R...Read More

Of the twenty-five countries I have explored, the most memorable trip I’ve made so far has been to the city of Amritsar. It is the religious center of the Sikhs and border town to Pakistan in India. It is a place of beauty and adventure. Here I had one of the most profound experiences of my life.Walking the streets of every city in the world, you will come across the homeless. You see pover...Read More

Of the twenty-five countries I have explored, the most memorable trip I’ve made so far has been to the city of Amritsar. It is the religious center of the Sikhs and border town to Pakistan in India. It is a place of beauty and adventure. Here I had one of the most profound experiences of my life.Walking the streets of every city in the world, you will come across the homeless. You see pover...Read More

After wrapping up its longest quarterly win streak in two decades, the Dow Jones Industrial Average (DJIA) kicked off the fourth quarter with a bang, rallying triple digits to assail record heights. Not to be outdone, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also roared to all-time peaks, as stock traders applauded encouraging economic data. Outside of Wall Street, however, investors tu...Read More

Shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) are popping today, after the Food and Drug Administration (FDA) introduced a plan to make it easier to market complex generic drugs. At last check, TEVA stock was up 5.1% to trade at $18.49. Options traders are targeting even more upside in the near term, with roughly 48,000 calls traded -- two times what's typically seen at this point in th...Read More

Small-cap stocks have been on a quest for record highs, as evidenced by the recent price action of the Russell 2000 Index (RUT). However, while we recently analyzed the best small-cap stocks to buy in October and the fourth quarter, today we decided to look at some of the small-cap stocks that could dip heading into 2018, if history is any indicator. Below are the 25 worst small-cap stocks to own...Read More

U.S. stocks are trading higher this afternoon, with manufacturing and construction data sending indexes to fresh record highs. Cable provider Altice USA Inc (NYSE:ATUS) and tech stock CyberOptics Corporation (NASDAQ:CYBE), are trending in opposite directions, while automaker General Motors Company (NYSE:GM) is trading at all-time highs. Here's a quick look at what is moving shares of ATUS, C...Read More

Options trading has been extraordinarily heavy on steel stock U.S. Steel Corporation (NYSE:X) and rail industrial company Trinity Industries Inc (NYSE:TRN) in recent weeks. Here's a closer look at how options traders have been placing their bets on X and TRN stocks.The 20 stocks listed in the table below have attracted the highest total mid-cap options volume during the past 10 trading days. Data...Read More

Gun stocks are soaring today, after last night's fatal shooting in Las Vegas -- which is being called the deadliest mass shooting in U.S. history. The attack has increased expectations that gun sales will skyrocket ahead of a possible revived gun control debate in Washington. Among the names participating in the sector-wide surge are American Outdoor Brands Corp (NASDAQ:AOBC) and Sturm Ruger & Com...Read More