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

Dow Jones Industrial Average (DJIA) futures are pointed lower this morning, as traders digest President Trump's tax plan, which critics say would substantially increase the U.S. deficit. Investors are also responding to the final gross domestic product (GDP) reading, which was revised up to 3.1%for thesecond quarter -- the fastest growth in two years. Weekly jobless claims also surged more than ex...Read More

Palisade Research September 28, 2017 Category: Research Current Price: $2.26Shares Outstanding: 12.4 millionMarket Capitalization: $28.0 millionCash: $4 millionRain Man is not a self-given nickname. Dave Mathewson is synonymous with gold exploration in Nevada, and the nickname was given due to his multi-million-ounce discoveries in and around the Rain District.(Dave Mathewson, Source: Corporate Pr...Read More

Palisade Research September 28, 2017 Category: Research Current Price: $2.26Shares Outstanding: 12.4 millionMarket Capitalization: $28.0 millionCash: $4 millionRain Man is not a self-given nickname. Dave Mathewson is synonymous with gold exploration in Nevada, and the nickname was given due to his multi-million-ounce discoveries in and around the Rain District.(Dave Mathewson, Source: Corporate Pr...Read More

No scientific fact is ever settled beyond dispute. Challenging the status quo is the best way to ensure scientific findings are as accurate and truthful as possible.It's great that in the scientific community, you are always free to disagree. In fact, it is encouraged! Just kidding!When it comes to climate change, you better tout the official story or keep your mouth shut.It started when the globa...Read More

No scientific fact is ever settled beyond dispute. Challenging the status quo is the best way to ensure scientific findings are as accurate and truthful as possible.It's great that in the scientific community, you are always free to disagree. In fact, it is encouraged! Just kidding!When it comes to climate change, you better tout the official story or keep your mouth shut.It started when the globa...Read More

It was a roller-coaster session for the Dow Jones Industrial Average (DJIA), with the index ultimately surging higher in afternoon trade to snap a four-day losing streak. Stocks responded to the release of the Trump administration's tax plan, which calls for a 20% corporate tax rate. The financial sector also continued to rally, helping the Dow overcome Nike's post-earnings pullback and guiding t...Read More

With September winding down and the fourth quarter quickly approaching, some stocks appear poised to take a leap forward. The biotech sector has had an excellent year -- and the fun may not be over yet, considering the SPDR S&P Biotech ETF (XBI) has been one of the best-performing exchange-traded funds (ETFs) in the fourth quarter. Per data from Schaeffer's Senior Quantitative Analyst Rocky White,...Read More

Casino stocks have had a strong year so far, with two-thirds of the stocks we track under our "gaming" umbrella trading north of their 80-day moving average. What's more, the VanEck Vectors Gaming ETF (BJK) is up 2.5% year-to-date to trade at $42.12 -- not far from its Sept. 20 two-year high of $42.51. The shares could be poised to hit even higher highs, should history repeat itself and/or skepti...Read More

Financial and bank stocks continue to surge higher thanks to hawkish comments from Fed Chair Janet Yellen yesterday. These gains are illustrated by the ascent of exchange-traded funds (ETF) Financial Select Sector SPDR Fund (XLF) and SPDR S&P Bank ETF (KBE). Both are up over 1% today, with XLF tapping a nine-year high of $25.71 earlier. Two stocks enjoying an upside move today are Morgan Stanl...Read More

U.S. stocks are trading cautiously higher this afternoon, as traders digest the details of President Trump's tax plan. Three stocks also trading higher today are social media giant Facebook Inc (NASDAQ:FB), digital media tech stock Remark Holdings, Inc. (NASDAQ:MARK), and internet marketing firm HubSpot Inc (NYSE:HUBS). Here's a quick look at what is moving shares of FB, MARK, and HUBS.Facebo...Read More

The Dow Jones Industrial Average (DJIA) is cautiously higher at midday, after trading on both sides of the aisle earlier,attempting to snap a four-day losing streak in spite of ugly Nike earnings. The S&P 500 Index (SPX) and Nasdaq Composite (COMP) are also modestly higher, with financial stocks emboldened by Fed Chair Janet Yellen's hawkish comments yesterday. Traders are digesting the details of...Read More

Shares of Twilio Inc (NYSE:TWLO) plunged 6.6% on Tuesday, after Amazon.com, Inc. (NASDAQ:AMZN) unveiled details of its recently launched two-way messaging service from Amazon Web Services. While this was initially seen as new competition for the cloud company, a post-close tweet from Twilio CEO Jeff Lawson pointed to a partnership with Amazon. In reaction, TWLO stock is up 7.8% today to trade at...Read More

Analysts are weighing in on printing stock Kornit Digital Ltd. (NASDAQ:KRNT), solar energy stock SunPower Corporation (NASDAQ:SPWR), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of today's bearish brokerage notes on shares of KRNT, SPWR, and CMG.Kornit Digital Cuts Guidance, Prompting A Flurry Of Bearish Analyst AttentionKornit Digital stock is down 25% to...Read More

Analysts are weighing in on tech company Micron Technology, Inc. (NASDAQ:MU), luxury retailer Michael Kors Holdings Ltd (NYSE:KORS), and online streaming entertainment concern Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of MU, KORS, and NFLX. Micron Showered With Price-Target Hikes Post-Earnings Micron Technology has received no fewer than nine...Read More

Dow futures are indicating a higher open ahead of an afternoon speech on tax reform from President Trump. Among specific stocks in focus today are athletic apparel juggernaut Nike Inc (NYSE:NKE), pharmaceutical concern Lannett Company, Inc. (NYSE:LCI), and F-150 manufacturer Ford Motor Company (NYSE:F). Here's a closer look at what's moving shares of NKE, LCI, and F. Nike Stock Pointed Lower...Read More

After extending its losing streak yesterday, Dow Jones Industrial Average (DJIA) futures are signaling a higher start this morning,as Wall Street awaits President Trump's plans for tax reform. Meanwhile, traders are digesting the latest data on durable goods orders, which rose a bigger-than-expected 1.7% in August, and the Dow is pointed higher in spite of a negative earnings reaction for Nike. F...Read More

Everyone knows volatility has been low in 2017, but last week was ridiculous. By one measure, which is shown below, it is the lowest stock market volatility we have ever recorded. On the other hand, S&P 500 Index (SPX) historical volatility (HV) temporarily moved above a key level, sending up a signal not seen since 2007. Below, I'll consider whether that means anything going forward.Last Week's R...Read More

NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More

NFL players are kneeling, standing, sitting maybe, and probably laying down at times. Perhaps they are protesting police killings, or maybe they hate America, and some of them are very patriotic and do or do not support Donald Trump. I don’t know. Who cares?How many headlines has this stupid manufactured controversy taken up? How many arguments and fights have ensued? Do people even know wha...Read More

The Dow Jones Industrial Average (DJIA) jumped out of the gate, but lost steam as the session progressed, eventually ending modestly lower. Aside from ongoing North Korea jitters, traders digested disappointing consumer confidence and housing data, and an afternoon speech from Fed Chair Janet Yellen. In her remarks, Yellen said the central bank may have overestimated the strength of the labor mar...Read More