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
Russian diamond miner Alrosa has entered into a joint venture (JV) agreement with Zimbabwe national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) to develop diamond deposits in the Southern African country.The agreement was signed by Alrosa deputy CEO Vladimir Marchenko and ZCDC chairpersonn Killian Ukama in the presence of Zimbabwe President Emmerson Mnangagwa and Alrosa CEO Sergey I...Read More
Let me show you something a lot of people don't understand about the gold sector.It'll perfectly illustrate how the herd is handing us a fantastic opportunity.It is profoundly easy to make more money off the same basic trend just by picking the right ticker.Right now it means the difference between being up less than 10% or up as much as 24.5%.This is the gold multiplier effect, and it is back in...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
Rio's Argyle mine in remote Western Australia has transformed the sector since 1983.Read full newsRead More
FALCON GOLD CORP. (TSXV:FG) (Read full newsRead More
Silver Spruce Resources Inc. (TSXV:SSE) (Read full newsRead More
The Dow and S&P extended their winning streaksStocks sailed to record highs out of the gate today, as Wall Street cheered a strong start to earnings season from big bank Citigroup (C). This positive momentum stalled as the session progressed, as caution set in ahead of an onslaught of corporate updates due out this week -- including from blue chips Goldman Sachs (GS), JPMorgan Chase (JPM), and Joh...Read More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
ETON is another name making a big move in the healthcare spaceU.S. stocks have pared their gains after hitting record highs earlier. Three names making moves in the meantime are drugmakers Eton Pharmaceuticals Inc (NASDAQ:ETON) and Capricor Therapeutics Inc (NASDAQ:CAPR), as well as gunfire detection specialist Shotspotter Inc (NASDAQ:SSTI). We'll breakdown how ETON, CAPR, and SSTI shares are tra...Read More
BofA-Merrill Lynch downgraded the stock to "underperform" and slashed its target price to $50Beverage concern Molson Coors Brewing Company (NYSE:TAP) was just taken down a few pegs by BofA-Merrill Lynch, which downgraded the stock from a "buy" rating all the way to an "underperform." The analyst slashed its price target, too, to a new street low of$50. The analyst said it didn't trust the company'...Read More
Silver Spruce Resources Inc. (TSXV:SSE) (Read full newsRead More
SYMC put options are seeing heavy trading todayEarlier this month, Symantec Corporation (NASDAQ:SYMC) stock was buzzing amid rumors of a potential buyout from semiconductor concern Broadcom (AVGO). Those talks have apparently fizzled today, with CNBC reporting negotiations hitting a snag over Symantec's share price of $28. In response, SYMC is down 15.5% to trade at $21.67, on track for its worst...Read More
The signal also sounded in March 2009The S&P 500 Index (SPX) has been assailingall-time highs, soaring above the round-number 3,000 level for the first time ever last week. However, retail investors have been hesitant to adopt a bullish stance, as evidenced by the latest American Association of Individual Investors (AAII) sentiment poll. In fact, AAII data just triggered a sentiment signal not see...Read More
MSFT is seeing some interesting options activity ahead of earningsMicrosoft Corporation (NASDAQ:MSFT) topped out at a record high of $139.54 earlier, and while it was last seen 0.1% lower at $138.74, the software giant is still holding above the one-trillion-dollar market cap level. MSFT will stay in focus this week, with earnings due after the close this Thursday, July 18, and while call options...Read More
The big-cap pharma name will report earnings bright and early tomorrow morningJohnson & Johnson (NYSE:JNJ) and the state of Oklahoma are set to wrap up a trial today in a case that accused the pharmaceutical firm of being a "kingpin" in the opioid epidemic by downplaying the addictive risks of painkillers. The company's legal troubles are far from over, however, with Bloomberg reporting last week...Read More
Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN, NYSE American:WRN) is pleased to announce an update on the exploration program underway at the Company's 100%-owned Casino project in Yukon, Canada.Read full newsRead More
Macy's stock has been seeing long-term pressure at its 70-day moving averageShares of retail giant Macy's Inc (NYSE:M) are modestly higher this afternoon, last seen up 0.5%, at $22.02. Despite today's lift, the security has struggled on the charts long term, steadily falling since touching an annual high of $41.99 last August. Just over a week off its most recent annual low, the shares have shed...Read More
Multiple bear notes have hit the healthcare sector todayMultiple brokerage firms have just made big calls for the healthcare sector. Three names hit with the equivalent of a "sell" rating today are lab equipment specialist Mettler-Toledo International Inc. (NYSE:MTD), diagnostics services provider Quest Diagnostics Inc (NYSE:DGX), and drugmaker Teva Pharmaceutical Industries Ltd (NYSE:TEVA). Barc...Read More
The Nasdaq, however, is clinging to gainsThe Dow Jones Industrial Average (DJI) is hovering just below breakeven at midday,pulling back from an all-time peak, as the blue-chip index's fourth straight win appears in jeopardy. The S&P 500 Index (SPX) is also in the red, and its five-day streak is in danger, despite touching a fresh intraday record high at the open.A post-earnings reversal lower for...Read More
Belo Sun Mining Corp said on Friday it had won a legal victory in its push to mi...Read full newsRead More