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

Today, stock markets and other markets such as bonds and currencies can best be described as "automated automation." Here's what I mean.There are two stages in stock investing. The first is coming up with a preferred allocation among stocks, cash, bonds, etc. This stage also includes deciding how much to put in index products or exchange-traded funds (ETFs, which are a kind of mini-index) and how...Read More

Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More

Expected interest rate cuts by all the central banks is supporting gold at the moment. European central bank is expected to cut interest rates in September. Trade war theme is still there. In short, all the factors are bullish for gold. Investment demand is on the rise with passing of each week. Economic growth news will be the key. Measures (other than interest rate or different forms of quan...Read More

The S&P and Nasdaq closed higher despite a down day for NetflixThe Dow explored a 198-point range on both sides of breakeven today, with the blue-chip index ultimately avoiding a third straight loss thanks to a post-earnings pop for IBM (IBM). Gains for the Dow were modest, though, as a disappointing revenue forecast pressured UnitedHealth (UNH) stock. The S&P and Nasdaq managed to muscle to a win...Read More

The next big market cycle could create opportunities for early stage resource projects working towards the production phase.Read full newsRead More

One speculator wrote calls to bring the cost of a Dillard's put position down to $1.17MDepartment store operator Dillard's, Inc. (NYSE:DDS) has bounced back from its May-June lows around $56 per share, but the stock is now facing heavy resistance at the 200-day trendline. The moving average has capped multiple breakout attempts over the past year for the retailer, and now has the stock pulling bac...Read More

Gold prices held steady on Thursday, holding close to a two-week high, as the do...Read full newsRead More

In an interview with Motherlode TV, White Gold Corp. (TSXV:WGO,OTC:WHGOF,FWB:29W) talked about its recent discoveries at its JP Ross project in the Yukon. Read full newsRead More

ACB is eyeing its worst session since January U.S. stocks are eyeing their third straight close in the red today, as Wall Street weighs a batch of disappointing earnings reports. Three stocks also below breakeven, due to bear notes from analysts, are weed concern Aurora Cannabis Inc (NYSE:ACB), online advertising issue Trade Desk Inc (NASDAQ:TTD), and oil titan Exxon Mobil Corporation (NYSE:XOM)....Read More

One speculator may be rolling down their September putsOil prices are plunging today, extending a recent slide that has the front-month crude contract down more than 8% week-to-date. Accordingly, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is 8.5% so far this week -- off 0.9% today at $24.42 -- prompting one options bear to set their sights even lower.Taking a quick step back, XOP pu...Read More

Wells Fargo trimmed its TIF price target and earnings estimatesOn Monday, Tiffany & Co. (NYSE:TIF) was hit with a downgrade from Citi. Today, the luxury retailer received another bear note,this time from Wells Fargo, which trimmed its price target to $88 from $90. The analyst in coverage warned that Tiffany's "domestic business has historically decelerated in election years," and said political...Read More

Powered by an interactive touch screen, Greenbox's robots dispense multiple types and strains of cannabis products, from edibles to flower to CBD, in one transaction.The...Read full newsRead More

AXP has been climbing the charts since late DecemberFinancial giant American Express Company (NYSE:AXP) is 1% higher this afternoon at $128.41, ahead of the company's quarterly report, slated for before the market opens tomorrow, July 19. Below, we will take a look at how AXP has performed on the charts, and see what the options market is pricing in for the shares' post-earnings move.American Exp...Read More

Fortune Minerals Limited (TSX:FT, OTCQX:FTMDF) ("Fortune" or the "Company") (www.fortuneminerals.com) is pleased to report the discovery of a new zone of copper mineralization at its 100% owned NICO cobalt-gold-bismuth-copper project ("NICO Project"), located 160 km northwest of Yellowknife, Northwest Territories, Canada.Read full newsRead More

ERI pulled back to a historically bullish trendline on the chartsCasino concern Eldorado Resorts Inc (NASDAQ:ERI) hit an all-time high in late June, before gapping lower on confirmation the firm is buying Caesars Entertainment (CZR). The stock came close to filling the bear gap earlier this month following a bounce off its 320-day moving average. ERI has once again pulled back to this historicall...Read More

Harley-Davidson and McDonald's are also set to report earningsThe last full trading week of July will be light on the economic front, though Wall Street will get a first glance at second-quarter gross domestic product (GDP). The earnings calendar is chock-full of notable names, though, with quarterly reports from Dow components Boeing (BA) and Caterpillar (CAT) on the radar. Earnings from FAANG na...Read More

UNH is the biggest blue-chip loser The Dow Jones Industrial Average (DJI) is down triple digits at midday, trudging toward its third straight loss. UnitedHealth (UNH) is the biggest blue-chip loser, despite an earnings win, overshadowing a well-received report for IBM Corp (IBM). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also in the red and on track for three-day skids of their ow...Read More

Deutsche Bank weighed in with fresh "buy" endorsementsAnalysts at Deutsche Bank weighed in on several biotech stocks this morning, including Deciphera Pharmaceuticals Inc (NASDAQ:DCPH) and Sutro Biopharma Inc (NASDAQ:STRO). The brokerage firm initiated coverage of both DCPH and STRO stocks with a "buy" rating, and their new respective price targets of $42 and $22 suggest the analysts think the equ...Read More

Put buyers are swooping in on CLF ahead of earningsCleveland-Cliffs Inc (NYSE:CLF) will report earnings ahead of the open tomorrow, July 19. The mining name is coming off back-to-back positive earnings reactions -- with the stock jumping 2.3% and 8.5% the day after the firm's April and February reports, respectively -- but today's options traders are betting against the trend.At last check, 2,563...Read More

AMD stock has roughly doubled over the past 12 monthsTechnology powerhouse Advanced Micro Devices, Inc. (NASDAQ:AMD) is down 2% at $32.92 this morning, after Mizuho downgraded the chip stock to "neutral" from "buy." The firm did hike its price target to $37 from $33, but stated that it's moving to the sidelines due to pricing pressure from rival Intel (INTC), as well as the stock being past its f...Read More