The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
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
An old goldmine in Australia is being given a new life as a clean-power producer.Read full newsRead More
UnitedHealth reported second-quarter earnings and revenue that beat estimatesDow component UnitedHealth Group Inc (NYSE:UNH) islower this morning, despite reporting second-quarter earnings and revenuethat exceeded analysts' expectations. The healthcare concern also upped itsfull-year profit forecast, but the company's CFO predicted 2019 revenue that comes in "at or just slightly below" the previou...Read More
NFLX is headed for its sixth straight lossOne of the biggest and most surprising earnings losers this morning is Netflix, Inc. (NASDAQ:NFLX), down 9.7% to trade at $328.46 this morning. The streaming giant lost 126,000 U.S. video streaming customers for the first time in eight years, and international subscriber additions came in lower than expected. This has offsetbetter-than-expected second-qua...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
The shares are down 44% year-to-dateH.C. Wainwright initiated coverage on Outlook Therapeutics Inc (NASDAQ:OTLK) with a "buy" rating and an $8 price target -- a 310% premium to last night's close. The brokerage firm said it expects the company to receive regulatory approval by 2022 for its drug candidate ONS-5010, which is currently being tested in late-stage trials to treat patients with wet age-...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