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
We study the impact of rising geopolitical tensions and slowing global growth on the demand for bullion-backed ETFs.Read full newsRead More
Mortgage rates have been dropping for the past few months, with a 30-year fixed falling to 4% recently according to FreddieMac. And now there's the possibility that the Fed will lower interest rates again this fall. So this could be the ideal time to buy that home you've been eyeing.But suppose you have credit problems or haven't saved enough for a hefty downpayment (20% for most conventional loan...Read More
Panic.It's an emotion that's good for business when it comes to the 24-hour news cycle.There was the post-World-War-II Red Scare. Then you had the "Satanism via Dungeons and Dragons" panic of the 1980s. There's always been something to keep the masses looking over their shoulders and glued to the TV.Even today you can take your pick.Longstanding classics like poisoned Halloween candy pop up every...Read More
Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still near record highs, the normal portfolio-diversification motive for owning gold is lacking. Thu...Read More
Do not believe in Trump on the trade deal. Let there be a trade deal and the details made public. Then only gold will fall. Till there is a confirmation of a trade deal, I will prefer to use a buy on sharp dips strategy for gold and silver. Intraday volatility will rise in gold and silver. Traders and investors are used to one way price moves. It seems they do not like wider range trading. I hav...Read More
Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still near record highs, the normal portfolio-diversification motive for owning gold is lacking. Thu...Read More
Do not believe in Trump on the trade deal. Let there be a trade deal and the details made public. Then only gold will fall. Till there is a confirmation of a trade deal, I will prefer to use a buy on sharp dips strategy for gold and silver. Intraday volatility will rise in gold and silver. Traders and investors are used to one way price moves. It seems they do not like wider range trading. I hav...Read More
Bullfrog Gold Corp. announces that the board of directors of the Company has approved the issuance of 1,500,000 common shares.Read full newsRead More
A phase one deal with China has been reached, Trump confirmedStocks soared today, with the Dow closing over 300 points higher after a report from Bloomberg News said the U.S. and China came to a partial trade deal earlier today. Bullish momentum accelerated into the close after President Donald Trump confirmed, speaking alongside Chinese Vice Premier Liu He in the Oval Office, that the two countri...Read More
U.S.-China trade chatter dominated headlines this weekFed buzz and U.S.-China trade chatter led to a volatile ride for stocks this week, though the major market indexes are set to finish on a high note. The week started out rough after the U.S. expanded its Chinese trade blacklist, but optimism about high-level talks in Washington, D.C. -- partially fueled by President Donald Trump's tweet storm...Read More
Plus, Wendy's is rolling out a breakfast menu in 2020The shares of Wendy's Company (NASDAQ:WEN) are in focus today, up 4% to trade at $20.69. The fast food chain is buzzing after reportingpreliminary same-store sales of 4.4%, topping the estimated 2.5% figure. The encouraging numbers, combined with the company's 2020 rollout of a breakfast menu to compete with McDonald's (MCD), have options trader...Read More
British PM Boris Johnson sees a "pathway to a possible deal"Ahead of the Oct. 31 Brexit deadline, new British Prime Minister Boris Johnson touted a "pathway to a possible deal" to leave the European Union (EU). Against this backdrop, stocks in the U.K. skyrocketed today -- and the iShares MSCI United Kingdom ETF (EWU) is pacing for its best day since 2016 -- including several big banks. In fact,...Read More
Apple's added more than 15% in three monthsThe Dow is pacing for its best day in months, and two stocks having big days are Apple Inc. (NASDAQ:AAPL) and Fastenal Company (NASDAQ:FAST). Let's check in on the shares of AAPL and FAST during their strong session on the charts. Apple Stock at All-Time HighAAPL shares have spiked 1.9% to trade at $234.55, and earlier hit a record high of $235.20. The st...Read More
President Trump will meet with China's vice premier later todayThe Dow Jones Industrial Average (DJI) is cruising toward its third straight winin style today, up over 450 pointsas Wall Street cheers encouraging U.S.-China trade talk developments. The blue-chip index is gunning for its best single-session gain since June 4, after President Donald Trump -- who will meet with Chinese Vice Premier...Read More
CRWD shares are pacing for a fourth straight lossCrowdStrike Holdings Inc (NASDAQ:CRWD) shares are down 4.7% at $58.53 -- and pacing for a fourth straight loss -- after analysts at Goldman Sachs downgraded the cybersecurity concern to "sell" from "neutral." The brokerage firm also sliced its price target on CRWD shares to $66 from $83, citing valuation and "elevated" expectations for the company....Read More
JNJ shares have been testing the 200-day moving averageJohnson & Johnson (NYSE:JNJ) shares are up 1.7% today at $131.29, after Bernstein said it believes the company will make progress on settling its $10-$12 billion in legal liabilities over the next year, adding that the worst-case scenario has already been priced into the stock. The brokerage firm upgraded its opinion to "outperform" from "mark...Read More
ROKU had recently pulled back from its September highsShares of streaming service Roku Inc (NASDAQ:ROKU) are 7% higher at $124.62 this morning, with the company on the receiving end of an impressive upgrade out of RBC. The firm upgraded ROKU to "outperform" from "sector perform," and hiked its price target to $155 from $107. Analysts at RBC say Roku's valuation has become compelling, naming the N...Read More
Slack Technologies stock is heavily shortedThe shares of Slack Technologies Inc (NYSE:WORK) are up 3.2% to trade at $24.58 this morning, on track to snap a three-day losing streak. This comes after the workplace messaging name reported September daily active users that were up 37% year-over-year to 12 million, including 6 million paid seats. Despite today's upside move, WORK is still heading tow...Read More
Apple stock could touch record highs todayDow Jones Industrial Average (DJI) futures are rallying before the opening bell, trading almost 300 points above fair value. Traders appear to be expecting good news on the trade front, with the U.S and China set to wrap up a week's worth of negotiations with a meeting between President Donald Trump and Chinese Vice Premier Liu He. Media reports have been...Read More
Warrior Gold Inc. (TSXV:WAR) is pleased to report that the summer field program of prospecting and mapping has now been completed.Read full newsRead More