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

A bearish signal just flashed on the charts for STM, in the wake of yesterday's surgeSTMicroelectronics N.V. (NYSE:STM) saw a huge pop yesterday, on the back of a major rally for the semiconductor sector. The 4.2% bull gap marked STM's fourth consecutive win and its best day in months, too. The stock is threatening to snap its win streak today though, down 1.8% to trade at $18.02, dampened by bro...Read More

One trader may be initiatingmassive short call position in the November seriesChesapeake Energy Corporation (NYSE:CHK) stock is down 3.9% today at $1.88, sinking as oil prices sell off on global demand worries. The big price move has sparked a rush of activity in CHK's options pits, and while most of the action has occurred on the call side, it's got a notable bearish tilt.At last check, 178,086 c...Read More

Call trading is hot on RVLV, DOVA, and CARS todayU.S. stocks are struggling to gain momentum today due to trade tensions. Meanwhile, three names making big moves are online retailer Revolve Group (NYSE:RVLV), drugmaker Dova Pharmaceuticals Inc (NASDAQ:DOVA), and auto retailer Cars.com Inc (NYSE:CARS). Here's a breakdown of what's moving the shares of RVLV, DOVA, and CARS. Analysts Scramble to Is...Read More

Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More

Pancontinental Resources Corporation (TSXV:PUC) (OTC:PUCCF) (Read full newsRead More

MongoDB just pulled back to a bullish trendline on the chartsDatabase concern MongoDB Inc (NASDAQ:MDB) has been trending higher all year, but caught a real shot in the arm from last month's earnings report that propelled it toward a record intraday peak of $184.78 on June 10. While it's pulled back from those lofty heights,a historically bullish signal just sounded on the charts that suggests MDB...Read More

The S&P is a retreating from yesterday's record highThe Dow Jones Industrial Average (DJI) is churning below breakeven at midday amid lingering global trade tensions. Just as U.S.-China trade talks appeared to be progressing, the Trump administration unveiled a list European Union (EU) goods that could be targeted for additional import duties. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC)...Read More

JCI has been outperforming on the charts for monthsJohnson Controls International PLC (NYSE:JCI) has rallied to fresh highs, bringing its year-to-date gain to almost 40%. The shares recently pushed back former resistance at the $40 level, home to the year-over-year breakeven point, suggesting this breakout could have legs. As such, bulls could still have time to get behind the outperformer. Trader...Read More

BTIG said ISRG could be a leader in its market for another 10 yearsHealthcare stock Intuitive Surgical Inc (NASDAQ:ISRG) is slightly lower this morning on a comment from BTIG. The analyst predicted the firm's monopoly over the robotic surgery market may end in the coming years amid stiff competition from the likes of UK-based robotics firm CMR Surgical, which could receive Food and Drug Administra...Read More

Why one analyst is betting on HCA stockHealthcare stocks experienced volatile trading earlier this year as political leaders ramped up their push for Medicare for All in the U.S. While this issue could again be thrust into the headlines as the 2020 presidential election heats up, one brokerage firm believes it's identified HCA Healthcare Inc (NYSE:HCA) as a name that can withstand the sector uncer...Read More

ROKU options are attractively priced at current levelsThe shares of Roku Inc (NASDAQ:ROKU) are down 3.7% to trade at $89.04 this morning, after some bearish analyst attention from RBC. The brokerage firm downgraded the streaming stock to "sector perform" from "outperform," while maintaining its price target of $90. The analyst in coverage is still bullish on ROKU long term, and said it "would be...Read More

Australia expects gold to overtake thermal coal as its fourth-largest export ear...Read full newsRead More

The drugmaker raised its 2019 revenue forecastAmarin Corporation plc (NASDAQ:AMRN) stock is trading up 6.8% at $20.55 this morning, after the cardiovascular disease specialist said it expects 2019 revenue to arrive between $380 million and $420 million -- up from the previous $350 million estimate -- on improved expectations for Vascepa, with a Food and Drug Administration (FDA) expected to vote o...Read More

The U.S. government is proposing $4 billion in tariffs on European goods The U.S. Trade Representative's (USTR) office last night released details of a proposal to tack on $4 billion in tariffs on a number of European Union (EU) goods, which has Dow futures cooling off this morning after yesterday's G-20 trade relief surge. The S&P is pulling back from record highs too, with futures inching lower...Read More

Large speculators just hit their highest total positions on the euro since late 2016The following is a reprint of the market commentary from the July 2019 edition of The Option Advisor, published on June 28. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.It seems too early yet to gauge the full and complete impact...Read More

China Nonferrous Gold Ltd. (CNG.LN) reported Monday a narrowed pretax loss for 2018 mainly due to a 2017 impairment booked against mines under construction,...Read full newsRead More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....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

Polymet said it raised about US$265 million by issuing the full allotment of almost 683 million shares pursuant to the offering, with Glencore acquiring more than 627 million shares to take its stakeRead More

Speaking with Mining Journal just over a year after a public listing in Stockholm that marked its big split from Atlas Copco, Epiroc president and CEO Per Lindberg said the mining-dominated businessRead More