The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
(IDEX Online) - Alrosa has announced that revenue for the third quarter of 2019 dropped 20 percent to 46 billion rubles ($721.3 million) compared to the previous quarter. Sales were down 23 percent in the quarter. Year-over-year, revenue dropped 35 percent while sales dropped 5 percent. Alrosa also sold a higher volume of small-size diamonds, which contributed to the fall in revenue. In...Read More
Anyone researching Royal Gold Mining Inc. (CVE:ROYL) might want to consider the historical volatility of the share...Read full newsRead More
Christopher Lewis7 hours ago (Nov 08, 2019 5:23 PM GMT)Gold markets have broken down rather significantly during the week, slicing well below the $1500 level. This is a very negative sign, but when you look at the weekly chart, you can see that we are still technically and a bullish flag. Quite frankly, this market needs to save itself rather quickly or it’s going to be serious trouble. The...Read More
Dear Rich Lifer,If a rising tide floats all boats, what do rising gold prices get you?Con artists…a lot of them!With talk of a looming recession, the price of gold has risen to a level we haven't seen in over five years.And with climbing gold prices, we're seeing more and more con artists crawl out of the woodwork.A U.S. Senate Special Committee on Aging report found that over 10,000 America...Read More
Chinese influence on the world stage is growing. That isn't a secret. Yes, there's all the talk of trade wars, rapid growth, expansion into other countries, and advances in military technology. But there's one aspect of the country's growing influence that has largely been overlooked until recently. You most likely heard about the story related to Daryl Morey, the general manager of the NBA's Ho...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
The US stock markets have surged to all-time-record highs, fueled by extreme Fed easing. It jawboned about rate cutting, slashed rates, and birthed a new large-scale Treasury monetization campaign! All this has left traders hyper-complacent, assuming the upside will continue indefinitely. But are these lofty stock levels fundamentally-justified? The big US stocks' just-reported Q3'19 r...Read More
Typical gold and silver price movement after Diwali. Gold and silver have always formed short term peak around Diwali. Irrespective of the news, history has repeated itself. I will prefer to use sharp dips to invest for next year. Long term investment is good at current price. Short term investors and very short term traders need to remain on the sidelines. Physical demand and investment demand...Read More
President Trump isn't sure about rolling back tariffs on ChinaU.S. stocks ended the week with a quiet session that saw the major indexes close near breakeven. Traders responded to news that President Donald Trump hasn't agreed to roll back tariffs on China, wiping away early morning gains. The Dow ended up with a small win, while the S&P 500 and Nasdaq also edged out gains. All three indexes close...Read More
HighGold Mining Inc. (TSXV:HIGH) (theRead full newsRead More
U.S. equity indexes hit fresh all-time highs as U.S.-China trade optimism grew The week started with a bang as stock market indexes hit fresh record highs, brushing off theMcDonald's (MCD) CEO ouster, as optimism over U.S.-China trade talks resurfaced. This optimism was carried throughout the week, bolstered by news that both governments planned on rolling back some of the $125 billion in tariffs...Read More
Nexus Gold Corp. reports its second phase of prospecting on its McKenzie Gold Project, has now been completed.Read full newsRead More
Both ANAB and DERM are seeing heightened options activityThe U.S. stock market is drifting lower to end the week, as Wall Street waits in limbo for any U.S.-China trade developments. Two stocks stocks making vastly different moves today are skin disease specialists AnaptysBio Inc (NASDAQ:ANAB) and Dermira Inc (NASDAQ:DERM). Here's a quick look at what's moving the shares of ANAB and DERM.ANAB In N...Read More
Bulls are eyeing the $500 and $600 levels on TSLALooking through today's options data, Trade-Alert called out a couple trades in Tesla Inc (NASDAQ:TSLA) this morning that grabbed our attention. Specifically, it looks as though a traders spent roughly $1 million combined buying the June 500 and January 2022 600-strike calls. With TSLA last seen at $335.36, it would need to rally 49% to top $500, an...Read More
WORK earlier nabbed a record lowThe shares of Slack Technologies Inc (NYSE:WORK) are down 1.5% to trade at $19.95, after Wedbush initiated coverage on the software name with an "underpeform" rating. While setting a price target of $14 -- a 31% downside to yesterday's close at $20.34 -- the analyst in coverage cited the threat of Microsoft's (MSFT) Teams application as a growth inhibitor.It's been...Read More
Nov 07, 2019 (Financial News Media via COMTEX) -- FN Media Group Presents Oilprice.com Market Commentary London - November 7, 2019 - 2019 is already on track...Read full newsRead More
Trump said he hasn't agreed to roll back U.S. tariffs on Chinese goodsThe Dow Jones Industrial Average (DJI) started the day trading in positive territory thanks to a big earnings win for Disney (DIS). However, the blue-chip index has since swung lower after President Donald Trump told reporters he has not yet agreed to roll back tariffs on Chinese goods, after word of the potential agreement sen...Read More
Shopify has pulled back to a supportive long-term trendlineShopify Inc (NYSE:SHOP) is moving 2% higher to trade at $291.50 this afternoon, reversing course off its recent trend lower on the charts. SHOP has struggled to make gains since dropping from its Aug. 27 record high of $409.55, most recently when it surprised Wall Street with a third-quarter loss late last month. However, the equity remain...Read More
A Bloomberg report suggests HP is having doubts about Xerox's proposed takeover The shares of HP Inc (NYSE:HPQ) are lower, after a report from Bloomberg came out last evening indicating Xerox's (XRX) bid to take over HP is a cash-and-stock offer of $22 per share. The report also noted some hesitancy from HP, however, with sources familiar with the matter stating that the printing name has some con...Read More