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

Richard Milhous Nixon did some very, very historic things in his storied career.Many of you probably lived through them...He was a lawyer, a U.S. representative, a senator, a vice president, the 37th President of the United States, the only president to resign the office, and - years later - resurrect his presidency as a disembodied cartoon head.He had quite a career is all I'm saying.Now, I'm not...Read More

Trump and his delay of additional trade tariff will not have any impact on gold and silver. Yesterday's fall was just an excuse to book some profit. Long term bullish factors such as de-dollarization, central bank buying and interest rate cut trend is here to stay. Even corrections up to $1370 (if any) will be a part of the bullish trend. Silver will rise. I do not foresee it falling below $158...Read More

Trump and his delay of additional trade tariff will not have any impact on gold and silver. Yesterday's fall was just an excuse to book some profit. Long term bullish factors such as de-dollarization, central bank buying and interest rate cut trend is here to stay. Even corrections up to $1370 (if any) will be a part of the bullish trend. Silver will rise. I do not foresee it falling below $158...Read More

A potential recession was the talk of Wall Street todayGrowing recession fears sparked heavy selling in stocks today. Traders responded to an inverted yield curve on top of ugly economic data out of China and Germany, sending the Dow to a monstrous 800-point loss. President Donald Trump weighed in on Twitter, calling Fed Chair Jerome Powell "clueless" and saying the Fed raised rates "too much & to...Read More

The banking sector is taking a hit after this morning's yield curve inversionWall Street has been rocked today by news of an inverted yield curve. The banking sector is getting hit the hardest, as evidenced in the price action in the Financial Select Sector SPDR Fund (XLF), which is down 3.2% at $26.13, breaching support at its 160-day moving average, which contained a pullback in late May. Bank s...Read More

Cobalt explorer Global Energy Metals (TSX-V:GEMC) further advanced its Nevada-based projects on Wednesday by revealing airborne geophysical and topographic...Read full newsRead More

* Investment bank UBS said on Tuesday that the shuttering of top cobalt producer...Read full newsRead More

The price action is echoing the panic selling on Wall StreetPanic selling has gripped Wall Street today following a rare yield-curve inversion. Among individual stocks making notable moves are ride-sharing name Uber Technologies Inc (NYSE:UBER), generic drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA), and molecular diagnostic specialist Myriad Genetics, Inc. (NASDAQ:MYGN). Here's a quick...Read More

Traders are expecting new lows for the ETFIt's already been a roller-coaster week for the SPDR S&P Retail ETF (XRT). The exchange-traded fund (ETF) rallied on Tuesday on news that the Trump administration will delay tariffs on some Chinese goods, including several clothing and apparel items. Today, however, XRT shares are back in the red, following a grim earnings showing for Macy's (M) and concer...Read More

A bullish signal just flashed for IOVA that could have it trading back near its five-year highsIovance Biotherapeutics Inc (NASDAQ:IOVA) has had quite the year. The stock saw a massive post-earnings bull gap in May and subsequently rode its 10-day moving average straight towards a five year peak of $26.59 late last month. What's more, IOVA just landed on Senior Quantitative Analyst Rocky White's l...Read More

Calls are hot on the small-cap stockNovavax, Inc. (NASDAQ:NVAX) is surging higher today -- and bucking the broad-market sell-off -- last seen up 29.3% at $5.55, after H.C. Wainwright boosted its price target to $17 from $10. This new price target represents NVAX's intraday peak from March 1, the day after a massive bear gap. The shares had been grinding lower since then, eventually hitting a recor...Read More

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed cannabis industry, is pleased to announce that it's portfolio company ezGreen Compliance has received endorsement from Dr. Francisco A. Ward D.O., Co-Chairman of the Maryland State Medical Society, medical cannabis task force, for its Point of Sale (POS) solution...Read More

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") has announced the appointment of John Sexton Abrams as President and CEO, effective immediately.Mr. Abrams' previous leadership successes range from creating Redbox, a non-stop revenue-producing asset for McDonald's Corporation (MCD:NASDAQ) that sold to Coinstar for US$200 million, and the separation of various...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce it has completed network approval of the Company's flagship Uniden(R) UV350 in-vehicle phablet with an additional Tier 1 cellular carrier in Canada and anticipates commercial launch in Q3, adding to its growing list of nationwide cellular carrier partnerships in North America...Read More

Options traders see a bigger-than-normal earnings move comingAlibaba Group Holding Ltd (NYSE:BABA) is trading in the red today with the broader stock market, last seen down 2.7% at $159.56, with the Chinese e-commerce company preparing to report earnings before the open tomorrow, Aug. 15. Those bullish on BABA shares will be hoping for a performance similar to that last two times the firm released...Read More

The Dow is down more than 500 pointsThe Dow Jones Industrial Average (DJI) is continuing its backslide today, after this morning's Treasury yield-curve inversion signal flashed -- typically seen as a precursor to a recession. This has investors frantically selling off bank stocks, including Goldman Sachs (GS), which is down 3.7%. The blue-chip index is now down more than 500 points, completely era...Read More

Deutsche Bank cut its DE price target this morningDeere & Company (NYSE:DE) is trading down 2.4% today at $143.61, as the broader U.S. stock market sells off on recession worries. A bear note from Deutsche Bank is only adding to DE's woes, with the brokerage firm slashing its price target on the stock to $155 from $163 -- a slim 7.5% premium to current trading levels.Diving deeper, Deutsche Bank c...Read More

The majority of analysts covering WWE call it a "buy"Rosenblatt Securities initiated coverage on World Wrestling Entertainment, Inc. (NASDAQ:WWE) with a "buy" rating and an $85 price target -- a 27.4% premium to last night's close. The brokerage firm said the entertainment name is an attractive target for those looking to trade the "content is king" theme, and sees a compelling entry point followi...Read More

CBS and Viacom recently announced plans to combineYesterday, CBS Corporation (NYSE:CBS) announced an agreement to merge with Viacom (VIAB) in an all-stock deal, creating an entity -- ViacomCBS -- with more than $28 billion in revenue. Today, analysts weighed in on the deal, with Bernstein downgrading CBS stock to"underperform" from "outperform," while cutting its price target to $46 from $62....Read More

Analysts go overweight on HZNP and BMY sharesTwo names enjoying positive analyst attention this morning are drug concerns Horizon Pharma PLC (NASDAQ:HZNP) and Bristol-Myers Squibb Co (NYSE:BMY). Here's how the shares of HZNP and BMY stocks are trading this morning following the upbeat brokerage notes. HZNP stock was upgraded to "outperform" from "market perform" at BMO, which also lifted its price...Read More