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
Analysts are weighing in on iPhone maker Apple Inc. (NASDAQ:AAPL), aluminum stock Alcoa Corp (NYSE:AA), and streaming name Netflix, Inc. (NASDAQ:NFLX). Here's a quick roundup of today's bullish brokerage notes on shares of AAPL, AA, and NFLX. Morgan Stanley Raises the Bull Case for AAPL StockApple stock is up 0.7% ahead of the bell, after an analyst at Morgan Stanley raised the bull case for Apple...Read More
U.S. stocks look poised to extend Monday's huge rally. Among specific stocks in focus are biotech stocks Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) and SAGE Therapeutics Inc (NASDAQ:SAGE), as well as e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN). Here's a quick look at what's boosting shares of TEVA, SAGE, and AMZN. TEVA Stock Looks for More Upside After Paragard SaleTeva Pharmace...Read More
The United Nations adopted new sanctions against North Korea After enjoying its best day in months yesterday, Dow Jones Industrial Average (DJIA) futures are signaling another positive open this morning, as traders await Apple's expected iPhone reveal. The highly anticipated event is set to kick off at 1 p.m. ET. In addition, traders are eyeing Treasury Secretary Steve Mnuchin, who said tax refor...Read More
Your waitress wants you to get another round of drinks. We get it. She wants to sell more and boost her tip.But what if your doctor is doing the same thing when it comes to drugs? Unfortunately, they also want to sell more, and boost their tip… from the pharmaceutical companies.But unlike the waitress, the doctor relies on a system of lies and manipulations.Some doctors don’t even know...Read More
Your waitress wants you to get another round of drinks. We get it. She wants to sell more and boost her tip.But what if your doctor is doing the same thing when it comes to drugs? Unfortunately, they also want to sell more, and boost their tip… from the pharmaceutical companies.But unlike the waitress, the doctor relies on a system of lies and manipulations.Some doctors don’t even know...Read More
It was a huge day for equities, with the S&P notching a record-high closeThe Dow Jones Industrial Average (DJIA) got off to an exceptional start to the week, as stock buyers came back to the table in force. The Dow logged its biggest one-day point gain since March, and the S&P 500 Index (SPX) notched its highest close on record, as stocks rallied amid receding concerns surrounding Hurricane Ir...Read More
Canada's Centerra Gold (TSX:CG) on Monday said it had reached a comprehensive agreement with the Kyrgyz Republic in its drawn out environmental dispute over the firm's Kumtor gold mine.The settlement agreement would end mutual lawsuits, drop all environmental claims , halt court proceedings and allow Toronto-based Centerra to transfer funds from the country that had been frozen by the centra...Read More
Palisade Research September 11, 2017 Category: Research One year away from graduating from Wharton, Matt Geiger dropped out.You can imagine the response from his parents, who met at Stanford and subsequently became entrenched in the world of Silicon Valley business.Nonetheless, Matt was not your typical student, even for Ivy League standard, having just raised significant capital for a resource fu...Read More
A chicken in every pot, and a unicorn in every garage. That’s the progressive dream.No, seriously, they are dreaming, and they must have smoked something crazy before bed.I almost couldn’t even write about this subject because I just kept staring at my computer screen wide-eyed and shaking my head. Really? Is this seriously being passed off as economics and news?The larger the universa...Read More
A chicken in every pot, and a unicorn in every garage. That’s the progressive dream.No, seriously, they are dreaming, and they must have smoked something crazy before bed.I almost couldn’t even write about this subject because I just kept staring at my computer screen wide-eyed and shaking my head. Really? Is this seriously being passed off as economics and news?The larger the universa...Read More
Setting a fire is easier than putting one out.And sometimes the people who fail to put out a fire are persecuted by the ones who don't show up at all–or worse yet, fan the flames.A recent Gizmodo article basically criticizes a volunteer fire department. No, not literally. This has nothing to do with actual fires of fire-fighters.This has to do with an article called, "Some Crypto-Capitalists...Read More
Setting a fire is easier than putting one out.And sometimes the people who fail to put out a fire are persecuted by the ones who don't show up at all–or worse yet, fan the flames.A recent Gizmodo article basically criticizes a volunteer fire department. No, not literally. This has nothing to do with actual fires of fire-fighters.This has to do with an article called, "Some Crypto-Capitalists...Read More
Via SovereignMan.comIn 1869, a 48-year old Jewish immigrant from the tiny village of Trappstadt in Germany's Bavaria region hung a shingle outside of his small office in lower Manhattan to officially launch his new business.His name was Marcus Goldman, and the business he started, what's now known as Goldman Sachs, has become the preeminent investment bank in the world with nearly $1 trillion in a...Read More
Via SovereignMan.comIn 1869, a 48-year old Jewish immigrant from the tiny village of Trappstadt in Germany's Bavaria region hung a shingle outside of his small office in lower Manhattan to officially launch his new business.His name was Marcus Goldman, and the business he started, what's now known as Goldman Sachs, has become the preeminent investment bank in the world with nearly $1 trillion in a...Read More
The best kind of looter is the kind that you can shoot.Especially in emergency situations, those coming onto your property and stealing from you are a serious threat to your life. You must have the ability and means to protect yourself and loved ones.What other kinds of looters are there, you may ask? In many places, you can protect yourself and your property without fear of prosecution.But someti...Read More
The best kind of looter is the kind that you can shoot.Especially in emergency situations, those coming onto your property and stealing from you are a serious threat to your life. You must have the ability and means to protect yourself and loved ones.What other kinds of looters are there, you may ask? In many places, you can protect yourself and your property without fear of prosecution.But someti...Read More
In China, Foreigners Can Buy a MarriageChina is a dystopian nightmare for many who live there. Yet even the hardcore communist regime cannot keep a little freedom off the black market.For many immigrants and foreign workers in China, they are even lower on the social ladder than the peasants. These people cannot own property, and often their children are not allowed to attend school.But someone fo...Read More
In China, Foreigners Can Buy a MarriageChina is a dystopian nightmare for many who live there. Yet even the hardcore communist regime cannot keep a little freedom off the black market.For many immigrants and foreign workers in China, they are even lower on the social ladder than the peasants. These people cannot own property, and often their children are not allowed to attend school.But someone fo...Read More
Federal agents set up shop in New Hampshire last week. They ran a Constitutionally-illegal checkpoint, violating the Fourth Amendment rights of countless Americans.The big reward? They arrested 25 illegal immigrants, seven of them children. More than half of those detained had overstayed visas. That means they came to the U.S. legally in the first place and did not leave when their visa expired.Wh...Read More
Federal agents set up shop in New Hampshire last week. They ran a Constitutionally-illegal checkpoint, violating the Fourth Amendment rights of countless Americans.The big reward? They arrested 25 illegal immigrants, seven of them children. More than half of those detained had overstayed visas. That means they came to the U.S. legally in the first place and did not leave when their visa expired.Wh...Read More