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

Lennar said the tariffs imposed on Chinese goods created headwinds for the homebuilderThe Dow has reversed its course today, trading lower after Fed Chair Jerome Powell's speech. Several individual stocks are sinking too, including home construction concern Lennar Corporation (NYSE:LEN), as well as drug stocks Acer Therapeutics (NASDAQ:ACER), and Abbvie Inc (NYSE:ABBV). Here's a look at what's...Read More

The well-timed call spreads were bought last week when AGN was trading near $126Wall Street is buzzing today with news of Abbvie Inc's (NYSE:ABBV) $63 billion buyout bid for Allergan plc (NYSE:AGN). The news has AGN stock at the top of the Big Board, and options traders swarming the Botox maker.At last check, 42,750 calls and 33,000 puts were on the tape -- eight times what's typically seen at thi...Read More

Weekly calls are popular on MCD and SBUX after bull notesThe shares of McDonald's Corp (NYSE:MCD) and Starbucks Corporation (NASDAQ:SBUX) have rallied to record highs this year, and brokerage firm Credit Suisse sees more upside ahead. Some options traders have also taken interest in the stocks recently, so let's take a closer peek at MCD and SBUX shares below. McDonald's was started at an "outperf...Read More

Nexus Gold Corp. (Read full newsRead More

Dreary economic data rolled in ahead of the Fed chair's afternoon speechThe Dow Jones Industrial Average (DJI) is modestly lower midday after a dismal batch of economic reports hit ahead of this afternoon's speech from Fed Chair Jerome Powell. Specifically, an S&P CoreLogic/Case Shiller report showed home prices rose at their slowest pace since August 2012, while separate data showed new home sale...Read More

A bullish signal just sounded on the charts for Zscaler It's been a bang-up year for the cloud-based security concern Zscaler Inc (NASDAQ:ZS), which just hit an all-time high of $82.25 late last week. While the stock has cooled off a little, it's still up nearly 93% year-to-date today, testing a recent level of support at its 20-day moving average. What's more, this pullback has put ZS in line wit...Read More

Nvidia stock has suffered on the charts long termSemiconductor name Nvidia Corporation (NASDAQ:NVDA) has struggled since its early October highs.The shares broke below $145 -- around half their all-time high -- last month, and after a subsequent bounce are running into resistance at the $158 level. This area is home to NVDA's June 20 intraday high and a breakdown of a trendline connecting higher l...Read More

Jefferies really prefers Amazon's cloud business over MicrosoftJefferies has been the only brokerage firm with the equivalent of a "sell" rating on Microsoft Corporation (NASDAQ:MSFT), though that really hasn't worked out for the covering analyst, as the blue chip has jumped almost 36% year-to-date. The brokerage firm this morning released a new note in which it raised its price target to $90 from...Read More

The brokerage firm set a Street-low price target on the stock, tooBrighthouse Financial Inc (NASDAQ:BHF) is down 8.7% at $38.12, after Credit Suisse downgraded the insurance issue to "underperform" from "neutral," and slashed its price target by $13 to a Street low $22. Analyst Andrew Kligerman said BHF stock looks expensive at current levels, and lower interest rates this year could negatively im...Read More

GRUB is fresh off its third straight weekly winThe shares of GrubHub Inc (NYSE:GRUB) are up 6.5% at $76.96 this morning, after a big upgrade from Citigroup. The brokerage firm raised its rating on GRUB to "buy" from "neutral," while goosing its price target up to $91 from $75, territory not seen since November. The analyst in coverage waxed optimistic about growth in the online food delivery mark...Read More

Three mining stocks have outperformed the price of gold bullion (and the TSX Index) since the beginning of May, including Eldorado Gold Corp (TSX:ELD)(NYSE:EGO) -- up more than 45% over just the past three-and-a-half weeks.Read full newsRead More

The health company just released its Duobrii plaque psoriasis treatment The Canada-based pharmaceutical concern Bausch Health Companies Inc (NYSE:BHC) just announced this morning the launch of its new plaque psoriasis treatment, Duobrii. Thelotion will be commercially available this week and the firm said it expects the drug to be an important revenue driver, dubbing it part of its "Significant...Read More

It could be another quiet day on Wall StreetStock futures are signaling another tepid trading session, as investors continue to await this week's G-20 summit. The Dow Jones Industrial Average (DJI) closed near breakeven on Monday, and futures on the index are pointing to a quiet start today, as others look forward to an afternoon speech from Fed Chair Jerome Powell. In the meantime, gold prices ke...Read More

The red-hot IPO just broke a long winning streak above its 10-day moving averageWith each day that passes, it seems to grow more difficult to ignore the growing cult of Beyond Meat Inc (NASDAQ:BYND). The vegan burger stock shocked Wall Street when it ballooned from its early May initial public offering (IPO) price of $25 per share to an intraday high north of $200 per share in just under seven wee...Read More

Three mining stocks have outperformed the price of gold bullion (and the TSX Index) since the beginning of May, including Eldorado Gold Corp (TSX:ELD)(NYSE:EGO) -- up more than 45% over just the past three-and-a-half weeks.Read full newsRead More

Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans") is pleased to provide shareholders and investors with an update on the Company's marketing initiatives and successful transition into its omnichannel business model that has taken course of over 2019. The Company will be hosting a conference call to discuss this update on Thursday June 27, 2019 at 1...Read More

Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce intersections of uranium mineralization in the first drill hole at its 100% owned Larocque East property (the "Property") in the Eastern Athabasca Basin of Saskatchewan (Figure 1).HighlightsDrill Hole LE19-14B intersected a 2.0m thick upper zone of sandstone hosted mineralization from 323.0-325.0m The upper zone...Read More

James HyerczykJun 24, 2019 12:27 AM GMTLast week’s price action in gold proved once again it’s not safe-haven buying that drives gold prices, but the direction of U.S. interest rates and the U.S. Dollar. Last week, both were in play when the Federal Reserve strongly suggested a rate cut was coming later this year, and traders vehemently indicated the first rate cut is coming in late...Read More

"It is our view that the whistle is blowing and the gold train is leaving the station … are you on board because it is certainly not turning back for you," bullion trader Sharps Pixley CEO Ross Norman said on Friday.He pointed out in 72 currencies gold was at, or at least within a few percentage points of being at, an all-time high.Gold was worth more than US$1,436 an ounce on the spot mark...Read More

Following the United States' decision - by means of a decree by President Donald Trump - to withdraw benefits under the Generalised System of Preference (GSP), the price of polished diamonds exported by India to the US will increase with seven to eight percent, according to rating agency CRISIL.  Currently, the US accounts for about half of the India's diamond exports to the US, at...Read More