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

Northern hemisphere summer is over. It has been a golden summer this year. Silver outperformed gold. Some of you were telling me how I was not hyper bullish on silver. My answer is that, I have been an outright silver bull since I started analyzing precious metals in 2003 and will remain bullish on silver till I am alive. However I been scorned by clients, family and friends over the past few ye...Read More

Northern hemisphere summer is over. It has been a golden summer this year. Silver outperformed gold. Some of you were telling me how I was not hyper bullish on silver. My answer is that, I have been an outright silver bull since I started analyzing precious metals in 2003 and will remain bullish on silver till I am alive. However I been scorned by clients, family and friends over the past few ye...Read More

Great Bear Drills Multiple Gold Discoveries Along 3.2 km of the LP Fault at Dixie projectRead full newsRead More

The Dow and S&P 500 saw their three-day winning streaks snappedThe Dow kicked off September on a sour note today, logging a 285-point drop. The latest round of U.S.-China tariffswent into effect over the weekend, and China responded in kind by filing a complaint against the U.S. with the World Trade Organization (WTO). A dismal batch of U.S. factory data only exacerbated concerns over a slowing gl...Read More

ABB stock just ran up to its 200-day moving average -- a historically bearish signal on the charts Electrical equipment manufacturer ABB Ltd (NYSE:ABB) isdown 1.7% at $18.69 at last check. Looking back, ABB attempted a rebound off its three-year low of $17.71, before running out of steam on Friday just below a familiar area of pressure at its 100-day moving average. The stock just ran up to anothe...Read More

A long-term trendline could prove pivotal for RUN tradersScanning some of our internal data today, one name worth looking at is Sunrun Inc (NASDAQ:RUN). That's because the shares have been testing their 320-day moving average, and the trendline seems to be serving as technical support. That wouldn't be too surprising, since data from Schaeffer's Senior Quantitative Analyst Rocky White shows the st...Read More

This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More

VXX is trading near a trendline with historically bearish implicationsThe U.S. stock market sold off sharply in August as U.S.-China trade tensions ramped up. The negative price action in equities created a boon for several volatility trackers, including the iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX), which rallied all the way up to a two-month high of $31 by mid-August. This region c...Read More

Biome Grow Inc. (CSE: BIO) (OTC: BIOIF) released consolidated financial statements for the second quarter and first half of fiscal 2019 on Thursday. The company's...Read full newsRead More

The Source for Market OpinionsRead full newsRead More

Macau's 8.6% revenue drop in August has WYNN and MGM stocks feeling the heat todayStocks are kicking off September on a sour note, amid contracting manufacturing data and newly imposed tariffs on U.S. and Chinese goods. Even more disappointing data out of Chinese gambling mecca Macau has casino names Wynn Resorts, Limited (NASDAQ:WYNN) and MGM Resorts International (NYSE:MGM) sinking, while dru...Read More

The Institute for Supply Management's (ISM) manufacturing index showed contraction in AugustThe Dow Jones Industrial Average (DJI) continues to trade lower, weighed down by concerns around the U.S-China trade relationship. Downbeat economic data could be hurting stocks, too, with the U.S. manufacturing sector contracting in August for the first time since 2016, and construction spending rising le...Read More

TLRY shares have had a horrible yearLooking through this morning's analyst updates on Wall Street, one of the most jarring is a huge bear note on marijuana stock Tilray Inc (NASDAQ:TLRY). Cowen just came with a monster price-target cut to $60 from $150, and even this is a major premium to the equity's current perch. At last check, it was quoted at $25.93, up 1% on the day. TLRY has certainly earne...Read More

Medicines Company announced successful results for its cholesterol drug, inclisiran The Medicines Company (NASDAQ:MDCO) stock is seeing a huge boost today, after the biopharmaceutical firm announced its experimental drug inclisiran successfully lowered cholesterol in patients with heart disease enrolled in a late-stage trial. SVB Leerink sees the drug's bi-annual injection form as more convenient...Read More

One brokerage firm downgraded PLNT stock to "hold"Berenberg downgraded Planet Fitness Inc (NYSE:PLNT) stock to "hold" from "buy," and slashed its price target to $69 from $80 -- a slight discount to Friday's close at $70.61. In reaction, PLNT stock is down 2.3% in early trading, last seen at $68.99.The equity's longer-term trend has been higher, though, with PLNT up almost 44% since a late-Decembe...Read More

SNAP bounced off a key trendline to end AugustWhen we last checked in with Snap Inc (NYSE:SNAP), the social media stock was preparing for its turn in the earnings confessional. Now, the shares are up 1.6% to trade at $16.06 this morning, after Evercore raised its rating on SNAP to "outperform" from "in-line," while boosting its price target to $20 from $18. The analyst in coverage glowed about th...Read More

Undeniably, prosperity flowed from the gold mines of Cripple Creek into the streets of Colorado Springs.Read full newsRead More

A new round of U.S. tariffs on Chinese goods went into effect over the weekend Dow Jones Industrial Average (DJI) futures are spiraling this morning, as trade uncertainty swirls after a round of new U.S. tariffs on Chinese goods went into effect over the long holiday weekend. While China filed a complaint with the World Trade Organization (WTO) against these new tariffs, Bloomberg News reported th...Read More

The VIX is showing a pattern reminiscent of its prior peaks"A spokesman for China's Commerce Ministry said Thursday that the U.S. and China remain in communication over possible talks in September and added that Beijing hopes to prioritize discussions about removing the latest tariffs announced by President Trump to prevent a further escalation of the trade war."-- The Wall Street Journal, August...Read More

Gran Colombia's subsidiary Medoro Resources International held mining rights to the Lo Increible 4A and Lo Increible 4B concessions near El Callao in Bolivar State.Read More