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
When analysts warn of a recession, they're not just talking about the inverted yield curve.Some recent concrete data has also raised alarm bells.For example, the Institute of Supply Management said its key manufacturing indicator - the Purchasing Managers' Index - turned negative in August for the first time in three years.The survey registered 49.1 for the month, with anything below 50 signaling...Read More
Samantha Hyde, CEO of Argo Resources - the UK-based start-up developing the deep eutectic solvents (DES) technique alongside a team at Leicester University, said the new method was at technologyRead More
Silver is the talk of the town. Silver has finally started showing its true colors. New silver traders and investors were surprised by recent price move. I have seen a lot of zoom and bust in silver since 2001. I have been fascinated by silver due to its uses. Silver is still a poor man's gold compared to gold. One should invest in silver even at current prices. Silver is still highly undervalue...Read More
Silver is the talk of the town. Silver has finally started showing its true colors. New silver traders and investors were surprised by recent price move. I have seen a lot of zoom and bust in silver since 2001. I have been fascinated by silver due to its uses. Silver is still a poor man's gold compared to gold. One should invest in silver even at current prices. Silver is still highly undervalue...Read More
Bonterra Resources Inc. (TSXV:BTR, OTCQX:BONXF, FSE:9BR2) (theRead full newsRead More
The Dow has now logged back-to-back triple-digit gainsThe Dow nabbed its second straight triple-digit gain today on renewed trade optimism. Stocks roared out of the gate on U.S.-China trade tailwinds, after representatives from both sides confirmed a tentative early October meeting. This led to the blue-chip index's best single-session percentage gain since Aug. 13, with trade-sensitive Caterpilla...Read More
Newrange Gold Corp. (Read full newsRead More
The 2020 election could see some major changes in the American economic system.The U.S. 2020 election will be one unlike America has ever seen, predicts oneanalyst.With both sides growing increasingly divided, it's impossible to know which way the sentiment will shift, and what will happen as a result.But one Stansberry analyst has concerns about what the future holds, and how a radicalized presid...Read More
After a judge approved the Aetna merger, the drugstore stock surgedSubscribers to Schaeffer's Weekly Options Countdown options recommendation service just scored a major profit on the CVS Health Corp (NYSE:CVS) weekly 9/6 59.50-strike call.Below, we'll explain why we expected a leg up for CVS shares, and how the winning options trade unfolded. When we recommended the trade to subscribers on Sund...Read More
Lululemon will report its second-quarter earnings after the close today Athleisure brand Lululemon Athletica inc. (NASDAQ:LULU) is set to unveil its second-quarter earnings after the close today, and options traders have kicked it into high gear. So far, 31,000 calls and 27,000 puts have crossed the tape, five times what is typically seen at this point. From the looks of it, most of these bulls ar...Read More
A few reasons options traders may like UNPUnion Pacific Corporation (NYSE:UNP) just popped up in a study from our Senior Quantitative Analyst Rocky White, showing that the stock has historically posted huge returns after pulling back to the 320-day moving average. Going by the numbers, UNP shares have been higher one month out following the last three encounters with the trendline, with an average...Read More
The retail price of physical gold in Japan climbed to its highest in nearly 40 y...Read full newsRead More
The retail price of physical gold in Japan climbed to its highest in nearly 40 y...Read full newsRead More
Graphite firm Armadale Capital (LSE:ACP) jumped11.45pc on Wednesday afterannouncing the beginning of critical downstream test-work aimed atadvancing offtake talks for its Mahenge Liandu project in Tanzania.The firm, currently trading at 1.95p, has expanded the definitive feasibility study (DFRead full newsRead More
ENPH stock is trading near a trendline that's served as a springboard in recent yearsThe shares of Enphase Energy Inc (NASDAQ:ENPH) gapped higher in late July after the home alternative energy solutions specialist turned in a strong earnings report. ENPH stock went on to hit a record high of $35.42, before retreating to a key technical region amid stiff broad-market headwinds. ENPH could be on the...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that it has won an initial $200,000 contract to supply its Uniden(R) UV350 in-vehicle smartphones to one of Canada's largest heavy civil construction companies. The company will begin delivering from Q3 and expects additional orders in the coming quarters from this customer.Marc...Read More
Both WORK and HOME are sinking after disappointing earnings reports Stocks keep rising on a big boost from Caterpillar (CAT) and renewed trade optimism. Three specific stocks making moves today are tech name Slack Technologies Inc (NYSE:WORK), as well as home goods retailers Bed Bath & Beyond Inc. (NASDAQ:BBBY), and At Home Group Inc (NYSE:HOME). Below, we'll take a look at what's driving the sh...Read More
Retail sales data will cap off the week on FridayThe first full week of September has a lot for Wall Street to digest. There's plenty of economic data to consider, including inflation and retail sales updates. Plus, there will be quarterly reports from the likes of Broadcom (AVGO), GameStop (GME), and Kroger (KR). Below is a brief list of some key market events scheduled for the upcoming week. A...Read More
The VIX is falling in response to the rallyThe Dow Jones Industrial Average (DJI) is having a huge day, as trader optimism rises on news the U.S. and China will hold trade talks next month. The tech and retail sectors have been some of the biggest winners on the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) so far, most notably semiconductor stocks, while trade-sensitive Caterpillar (CAT) is at...Read More
Puma Biotechnology stock's recent rally has bearish implicationsThe shares of Puma Biotechnology Inc (NASDAQ:PBYI) are enjoying a mini-rally today, up 3.1% to trade at $10.71 at last check. The drug stock has added 17% in the past month, but this has taken PBYI right up to a historically bearish trendline that could make for an intriguing put option play, if past is precedent. Today's gains take...Read More