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

Short-covering could help CNX riseIn his latest Indicator of the Week, Schaeffer's Senior Quantitative Analyst Rocky White took a look at stocks that may have short-covering upside when the calendar turns to 2020. One name to watch out for is Pennsylvania-based CNX Resources Corp (NYSE:CNX), which is hoping to turn things around on the charts in the coming year.CNX stock is set to close 2019 with...Read More

There's room for more bullish analyst attention to boost the medical device makerWhile its quiet on most of Wall Street today on Christmas Eve, don't tell that to Microbot Medical Inc (NASDAQ:MBOT). The stock is up 41.8% to trade at $14.34, after H.C. Wainwright boosted its price target to $12 from $10. But what's more likely to be driving gains is yesterday's news that the company plans to unvei...Read More

RBC lifted its price target on AMD to a street high of $53A bull note from RBC helped lift the shares of semiconductor name Advanced Micro Devices, Inc. (NASDAQ:AMD) this morning. The stock is up 1.3%, now trading at a 12-year high of $46.06, after the analyst raised its price target to a Street high of $53 from $50. The broker also hiked it full-year forecast in order to reflect strengthening dat...Read More

ACB has shed 60% in 2019Weed specialist Aurora Cannabis Inc (NYSE:ACB) is up 1.5% this morning at $2.04, despite receiving a downgrade to "hold" from "buy" out of Jefferies yesterday afternoon. Interestingly enough, the downgrade came on the heels of news the company's Chief Corporate Officer (CCO) Cam Battley has resigned, and yesterday's announcement it has created steps to reduce debt and boos...Read More

The stock market will close at 1 p.m. ET todayThe holiday-shortened week started with another record close, and Dow Jones Industrial Average (DJI) futures are set to add more gains this morning. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also on pace for positive opens today, although the news slate is bare and trading volume is likely to be low, with markets closing at 1 p.m. ET fo...Read More

Support remains at the 20-day moving averageSoftware name Sea Ltd (NYSE:SE) has more than tripled in 2019, and over the last few months have been on a steady trend higher. With a layer of support embedded in the rising 20-day moving average and the peak call open interest expiring at the December 40-strike, now looks like the perfect opportunity to bet on SE's next leg higher. In the options pit...Read More

Not only are gold fundamentals excellent, dollar fundamentals help...Read full newsRead More

Not only are gold fundamentals excellent, dollar fundamentals help...Read full newsRead More

Nenad Kerkez16 hours ago (Dec 23, 2019 8:42 AM GMT)1475 zone looks very supportive. We see ascending trend line and a potential for ascending scallop pattern. Higher time frames are also bullish and we should see another attempt to proceed further up towards 1490 and 1493. If the price manages to close above 1493, then 1500 is next.At this point its all about bulls. We might see a retracement down...Read More

Tomasz Wi?>niewski13 hours ago (Dec 23, 2019 11:49 AM GMT)Despite traders slowly falling in the winter dream, we still managed to find three great trading setups.First one is Gold, which is quite surprisingly going up today. Surprisingly because the USD is stronger and stocks are higher. So two, usually negative factors for the bullion are present on the market. This rise is even more weird as it...Read More

(IDEX Online) - Graff Diamonds has acquired the 20.7-carat Firebird diamond directly from Alrosa. While no price has been disclosed, the sale is apparently one of the highest prices per carat for such a stone in recent years. The GIA graded the Asscher-cut diamond as Fancy Vivid Yellow / VS1 with excellent polish and symmetry. "It is extremely rare and very special in the world of diamonds to...Read More

As the Association for Mineral Exploration (AME) gears up for the 37th annual Mineral Exploration Roundup conference from Jan. 20 to 23, 2020, it is time to take stock of the past year and look ahead to the potential for mineral exploration and development in 2020.It seems that 2019 was a unique year for the industry as it has been challenging for some junior explorers to attract investment despit...Read More

The first copper concentrate has been shipped from Nevada Copper's (TSX: NCU) Pumpkin Hollow project in Nevada to the company's offtake partner Concord Resources.Production at the Pumpkin Hollow processing plant started on Dec. 16 and the company expects the underground mining operation will ramp up to full commercial production in the first half of 2020.Pumpkin Hollow is the first new copper prod...Read More

Look for signs of profit taking in all metals and energies as traders leave for Christmas and New Year vacations. China will lower trade tariff on a host of products ranging from pork to some type of semi-conductor. Gold and silver should fall as a result of Chinese move. Right now gold and silver are firm due to Trump and his impeachment. But they will be vulnerable to sharp correction any time...Read More

Look for signs of profit taking in all metals and energies as traders leave for Christmas and New Year vacations. China will lower trade tariff on a host of products ranging from pork to some type of semi-conductor. Gold and silver should fall as a result of Chinese move. Right now gold and silver are firm due to Trump and his impeachment. But they will be vulnerable to sharp correction any time...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

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

The Nasdaq saw its ninth consecutive win today It was another blow-out session on Wall Street, with the Dow notching a triple-digit gain on news that China will be slashing import tariffs on a number of goods. A nearly 3% win for Boeing (BA) also helped boost the blue chip index, after the aircraft company fired CEO Dennis Muilenburg. As far as economic data is concerned, traders weighed a rise in...Read More

Calls have been a hot commodity for SNAP, TWTR, and SHOP options tradersThe 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. The stocks highlighted in yellow are new to the list, including Uber Technologies Inc (NYSE:UBER), which made headlines earlier toda...Read More

LYFT calls are attractively pricedThe shares of Lyft Inc (NASDAQ:LYFT) are down 4.1% to trade at $45.97 today, after it received a bear note from KeyBanc. While reiterating a "sector weight" rating, analyst Andy Hargreaves posed data that suggested the ride-sharing app's customer growth was fading, and could continue to "slow materially" unless Lyft can broaden its use cases. Also weighing heavy...Read More