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

TSLA has soared 144% since early JuneShares of electric car maker Tesla Inc (NASDAQ:TSLA) nabbed a new record high of $435.31 out of the gate, after revealing it will deliver the first 15 Model 3 cars made in its Shanghai factory on Monday. While the shares have since pared those gains to trade up 0.2% at $431.58, today's lift is just another step in a long-term climb for TSLA. The stock now up...Read More

An exodus of short sellers could push FLXN even higherThe shares of Flexion Therapeutics Inc (NASDAQ:FLXN) are near the top of the Nasdaq this morning, up 10.8% to trade at $21.01, and nabbed a new annual high of $22.98 out of the gate. Powering today's surge is a Food and Drug Administration (FDA) updated label approval of Zilretta, the company's osteoarthritis treatment. At least three brokera...Read More

The FDA just approved the company's fast track application for its breast cancer drug yesterdayImmunomedics, Inc (NASDAQ:IMMU) is climbing towards another annual closing high today, up 2.3% at $22.16, after H.C. Wainwright lifted its price target to $31 from $26. This bull note come right on the heels of yesterday's news that the Food and Drug Administration (FDA) accepted the firm's resubmitted B...Read More

The Santa Claus rally is in full swing this yearFresh off a post-Christmas climb to new record highs, Dow Jones Industrial Average (DJI) futures are signaling a nearly triple-digit pop out of the gate this morning. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also on pace for positive opens today, with the Santa Claus rally taking a strong hold this year amid trade tailwinds. The latt...Read More

Shawn Ryan's White Gold (TSXV: WGO) has data from more than 400,000 Yukon soil samples, but one collected in the 2019 field season stood out by an order of magnitude."It actually kicked at over 100,000 parts per billion [ppb] gold," Ryan said. "That's right off the Richter scale for the ICP machines ... we said, 'the machine's broken.'"So they tried it again and again and again. Then we decided to...Read More

There is short covering in Asia and more short covering will be there in Europe and USA once traders get over Christmas hang over. If you short in gold and silver and are drunk after the celebration, I am you will be back to normal within a few seconds after seeing price. China is taking measures to spruce its economy. China is taking measures for a trade deal to happen with USA. Europeans are b...Read More

There is short covering in Asia and more short covering will be there in Europe and USA once traders get over Christmas hang over. If you short in gold and silver and are drunk after the celebration, I am you will be back to normal within a few seconds after seeing price. China is taking measures to spruce its economy. China is taking measures for a trade deal to happen with USA. Europeans are b...Read More

The Nasdaq Composite is now up for the 11th day in a row and just topped 9,000 for the first time ever...Read full newsRead More

The markets hit new highs amid thin volumeStocks hit even more record highs during the post-Christmas session. The Nasdaq, in particular, surged above the 9,000 level for the first time ever, and clocked its 11th consecutive win. This marked its longest daily winning streak since 2009, with the tech-heavy index strengthened by a huge surge in Amazon (AMZN) shares, which rallied amid record-breakin...Read More

American Airlines stock has struggled to keep its head above water in 2019For American Airlines Group Inc (NASDAQ:AAL), 2019 has been a volatile downtrend. Although the equity is up 1.4% at $29.58 this afternoon, it's shed more than 8% over the past 12 months, and now looks to be running into a historically bearish ceiling of resistance at the 160-day moving average. Added pressure from this tren...Read More

OXY just ran into a historically bearish trendline at its 70-day moving averageThe shares of Occidental Petroleum Corporation (NYSE:OXY) have been burrowing deeper on the charts for the better part of 2019, slamming into a 14-year low of $37.25 earlier this month, and struggling against pressure at the $40 region. This week, along with the broader market, the shares have managed to break north of...Read More

Finding products our derm would approve of isn't exactly an easy task. That is, unless we want to buy from one of the pricey lines they carry in their office (we don't). But thanks to LovelySkin...Read full newsRead More

The tech stock is ripe for a short squeeze, tooThe shares of Seagate Technology PLC (NASDAQ:STX) have climbed alongside the broad market this holiday season, culminating in a Dec. 23 annual high of $60.83. What's more, the tech stock remains in close contact with a trendline that offers historically bullish implications, if past is precedent. Specifically, according to Schaeffer's Senior Quantit...Read More

The earnings slate is quiet heading into 2020The end of 2019 and beginning of 2020 will be quiet on both the earnings and economic fronts. While Chinese truck and auto manufacturer Nio (NIO) is scheduled to release its quarterly report on Monday, Dec. 30, the Chicago purchasing managers index (PMI), consumer confidence, and construction spending will also be in focus throughout the holiday-shorten...Read More

Headlines about strong e-commerce sales are keeping bulls at the tableThe S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are grinding to new highs again, and the Dow Jones Industrial Average (DJI) is also higher, as stocks continue to rally into the new year. With the Nasdaq looking for a 10th consecutive record close, traders are monitoring more trade buzz and this morning's jobless claims updat...Read More

Amazon stock has already added 20% in 2019Another record-breaking holiday shopping season has Amazon.com, Inc. (NASDAQ:AMZN) moving higher this morning, now up 1.2% at $1,809.90 at last glance. Not only did more customers try Amazon Prime, but they shopped at record levels, buying billions of items and tens of millions of Amazon devices. In response, Amazon stock touched a one-month high of $1,82...Read More

Spectrum Pharmaceutical's cancer drug failed a mid-stage trialSpectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) is one of the biggest losers early on today, down 55.8% at $3.87, after the company's cancer drug poziotinib failed a mid-stage study, with the shares hitting a three-year bottom of $3.61 already as a result. This move could spark bearish analyst attention for the drugmaker, since all five co...Read More

There's a lot of pessimism around TSLA to be unwoundNo stock has had as a resounding close to 2019 as Tesla Inc (NASDAQ:TSLA). Today looks to be more of the same, with the stock up 0.4% to trade at $427.11 -- and earlier hitting a new record high of $429.99 out of the gate -- after Wedbush hiked its price target by $100 to $370. And if that's not enough, the analyst in coverage predicts the compa...Read More

Argus lifted its price target to $235 from $220Argus just gifted a post-Christmas bull note to Ireland-based IT concern Accenture Plc (NYSE:ACN) this morning, right on the heels of last week's fiscal first-quarter earnings beat and raise. The analyst maintained its "buy" rating, and hiked its price target to $235 from $220 -- an 11% premium to Tuesday night's close. Despite this, the shares of ACN...Read More

The NDX is gunning for its 10th straight record closeDow Jones Industrial Average (DJI) futures are poised for modest gains this morning, with volume still light in the wake of the Christmas holiday. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also on pace for positive opens today, with the latter ready to take a crack at an 10th straight record close. U.S.-China trade tailwinds cont...Read More