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
Earlier this year Wood Mackenzie said it expected expects $12-billion worth of projects in the Canadian oil and gas sector to be deferred this year, $20-billion in 2016 and $27 billion in 2017Global oil and natural-gas producers have delayed $200 billion of investment in more than 45 projects following the slump in crude prices, according to Wood Mackenzie Ltd.The Scottish energy consultancy says...Read More
Retired general and former Democratic presidential candidate Wesley Clark on Friday called for World War II-style internment camps to be revived for "disloyal Americans." In an interview with MSNBC's Thomas Roberts in the wake of the mass shooting in Chatanooga, Tennessee, Clark said that during World War II, "if someone supported Nazi Germany at the expense of the United States...Read More
Retired general and former Democratic presidential candidate Wesley Clark on Friday called for World War II-style internment camps to be revived for "disloyal Americans." In an interview with MSNBC's Thomas Roberts in the wake of the mass shooting in Chatanooga, Tennessee, Clark said that during World War II, "if someone supported Nazi Germany at the expense of the United States...Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Cejay Kim July 26, 2015 Category: Research Removing new issues, from 2011 to April 2015, the TSX Venture has had over1,200 casualties, or has lost over50% of its listed constituents. While new companies have been slowly replacing the dead, the index is still 320 companies lighter.Companies are still trying, but are failing. Read More
Before the crisis that started in 2007, both of us believed that the financial system was fragile and unsustainable, contrary to the near ubiquitous analyses at the time.Now, there is something vastly riskier facing us, with risks that entail the survival of the global ecosystem — not the financial system. This time, the fight is against the current promotion of genetically modified organism...Read More
Before the crisis that started in 2007, both of us believed that the financial system was fragile and unsustainable, contrary to the near ubiquitous analyses at the time.Now, there is something vastly riskier facing us, with risks that entail the survival of the global ecosystem — not the financial system. This time, the fight is against the current promotion of genetically modified organism...Read More
Looking at some of Schaeffer's commonly used options indicatorsAt Schaeffer's, we use numerous indicators in our writing to describe stock and trader behavior. While at first some of these things may seem confusing, in reality, they're quite simple to understand -- and can provide valuable insight for options traders. Below, we'll look at a few terms we regularly use in our coverage at SchaeffersR...Read More
A Republican Congressman wants to strip the Federal Reserve Bank of New York of one of its key powers, and it could have a big impact on when and how the Fed makes its next rate decision.Next Wednesday, in the House Financial Services Committee Monetary Policy and Trade Subcommittee hearing on Federal Reserve reform, it is expected Michigan Republican Bill Huizenga will pitch legislation to kill t...Read More
A Republican Congressman wants to strip the Federal Reserve Bank of New York of one of its key powers, and it could have a big impact on when and how the Fed makes its next rate decision.Next Wednesday, in the House Financial Services Committee Monetary Policy and Trade Subcommittee hearing on Federal Reserve reform, it is expected Michigan Republican Bill Huizenga will pitch legislation to kill t...Read More
Cejay Kim July 23, 2015 Category: Research This chart seems to be making its rounds so we decided to update it. Unfortunately, since we last published it, gold has plunged even more and the TSXVentures inches closer to its largest decline ever. The length of this bear market is also staggering, in four months' time it will have encompassed the total days of all the bear markets combined.Read More
Cejay Kim July 23, 2015 Category: Research This chart seems to be making its rounds so we decided to update it. Unfortunately, since we last published it, gold has plunged even more and the TSXVentures inches closer to its largest decline ever. The length of this bear market is also staggering, in four months' time it will have encompassed the total days of all the bear markets combined.Read More
Cejay Kim July 23, 2015 Category: Research This chart seems to be making its rounds so we decided to update it. Unfortunately, since we last published it, gold has plunged even more and the TSXVentures inches closer to its largest decline ever. The length of this bear market is also staggering, in four months' time it will have encompassed the total days of all the bear markets combined.Read More
Cejay Kim July 23, 2015 Category: Research This chart seems to be making its rounds so we decided to update it. Unfortunately, since we last published it, gold has plunged even more and the TSXVentures inches closer to its largest decline ever. The length of this bear market is also staggering, in four months' time it will have encompassed the total days of all the bear markets combined.Read More
Cejay Kim July 23, 2015 Category: Research This chart seems to be making its rounds so we decided to update it. Unfortunately, since we last published it, gold has plunged even more and the TSXVentures inches closer to its largest decline ever. The length of this bear market is also staggering, in four months' time it will have encompassed the total days of all the bear markets combined.Read More
President Obama's former top military intelligence official has launched a scathing attack on the White House's counter-terrorism strategy, including the administration's handling of the ISIL threat in Iraq and Syria and the US military's drone war.In a forthcoming interview with Al Jazeera English's 'Head to Head', retired US Lt. General Michael Flynn, who quit as head...Read More
President Obama's former top military intelligence official has launched a scathing attack on the White House's counter-terrorism strategy, including the administration's handling of the ISIL threat in Iraq and Syria and the US military's drone war.In a forthcoming interview with Al Jazeera English's 'Head to Head', retired US Lt. General Michael Flynn, who quit as head...Read More