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

Raymond James downgraded the stock to "market perform" from "outperform" Real estate concern Lennar Corporation (NYSE:LEN) is seeing some negative analyst attention today. Specifically, Raymond James just downgraded the stock to "market perform" from "outperform," citing concerns over theupcoming earnings report on June 25 next week, as well as the stock's "rich" valuation. The analyst maintained...Read More

The penny stock has almost doubled in value todayOptions traders are blasting Moneygram International Inc (NASDAQ:MGI) today, as the penny stock pops -- last seen up 99.5% at $2.82. Boosting the equity is news that company inked a two-year deal with blockchain firm Ripple. In addition to Ripple buying $30 million of MGI shares for $4.10 apiece, representing a roughly 183% premium to Monday's close...Read More

It's a big morning for social media stocksSocial media stocks are buzzing this morning on Facebook's (FB) cryptocurrency announcement. Sector peers Snap Inc (NYSE:SNAP) and Pinterest Inc (NYSE:PINS) are also in focus thanks to bullish analyst notes. So, let's dig into SNAP and PINS shares this morning.Starting with the Snapchat owner, Aegis Capital upgraded its rating to "buy" from "hold" and lift...Read More

The brokerage firm thinks valuation and consensus estimates "look too low"Bank of America Corp (NYSE:BAC) stock is up 0.1% at $27.83, after BMO upgraded the financial stock to "outperform" from "market perform," saying valuations and consensus estimates "look too low." The brokerage firm maintained its $37 price target, which represents a 32.4% premium to last night's close. Heading into today, an...Read More

The company's drug to reverse blood thinner was well-toleratedBiotechnology concern PhaseBio Pharmaceuticals Inc (NASDAQ:PHAS)unveiled impressive preliminary data from a mid-stage study of its PB2452 therapy, used to reverse the effects of antiplatelet agentsin patients over 50. The drug was found to be generally well-tolerated with only minor adverse events. As such, PHAS shares are trading up 10...Read More

Kroger will report earnings before the open on Thursday, June 20Grocery giant Kroger Co (NYSE:KR) is set for its first-quarter earnings report before the open on Thursday, June 20. We'll take a look at the stock's earnings history below, as well as how analysts and options traders have been lining up.At last check, Kroger stock was up 0.1% to trade at $24.39, shaking off a price-target cut to $24...Read More

ECB President Mario Draghi said the bank could cut rates again and President Trump isn't happyFutures on the Dow Jones Industrial Average (DJI) are trading above fair value, after stocks notched a slim victory to start the week. The focus remains on the latest central bank buzz, as the Federal Open Market Committee (FOMC) begins its two-day policy deciding meeting today. Meanwhile, European Centra...Read More

"An early frost will turn this world upside down,"Read full newsRead More

The RSI for NUGT topped out north of 74 on an intraday basis last FridayThe Daily Gold Miners Index Bull 3X Shares (NYSEARCA:NUGT) is one of those leveraged exchange-traded funds (ETFs) that you've no doubt been warned about before. Although NUGT targets daily investment results equivalent to 300% the performance of the NYSE Arca Gold Miners Index (GDM), those leveraged returns tend to warp in une...Read 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 worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Read full newsRead More

VANCOUVER, CANADA, Voleo Trading Systems Inc. (TRAD: TSX-V) ("Voleo", the "Company"), is pleased to announce the appointment of Ms. Morgen Sullivan as VP Growth and Mr. Chitman Uppal as VP Compliance and Operations.Ms. Sullivan joins the Voleo team with an extensive legal background in developing strategies to progress company initiatives and advanced leadership with cross-functional teams. Ove...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

The company has no immediate plans to raise equity or issue, but expects the LSE listing to raise Resolute's profile in global investment markets as "the investor base of the LSE has demonstrated a strong appetite for mining stocks and a deep understanding of the African operating environment". The strategy aims to increase its profile in international capital markets and provide access to a...Read More

Shamiso Mtisi, the Zimbabwean lawyer who heads the Kimberley Process (KP) Civil Society Coalition (CSC), was one of the three speakers who addressed the Opening Session of the Kimberley Process Intersessional Meeting (KPI) on June 17, in Mumbai, India. In his address Mtisi noted that this year is the KP's last chance, in the current reform cycle, to cut the diamond sector's ties to what...Read More

The June Hong Kong Jewellery & Gem Fair announced it will feature a dedicated Gemological Laboratories Zone that" industry stakeholders cannot afford to miss," the show organizers said. Scheduled for June 20 to 23 at the Hong Kong Convention & Exhibition Centre (HKCEC), the June Fair will bring together the major names in the world of gemology, including the Asian Gemmological Institute a...Read More

Bain & Company, a leading advisor to the global luxury goods industry, published the "Bain Luxury Goods Worldwide Market Study, Spring 2019," and said that the global personal luxury goods market reached a "new normal" pattern of growth, following back-to-back years of strong performance in 2017 and 2018. In 2018, 6 percent global growth (at a constant exchange rate) led to ???EUR? ?260 billi...Read More

U.S. retail sales improved in May 2019, putting at rest expectations that the US  economy would be shrinking following poor reports from the job market in recent months. monthly jobs report. Various American news sources quoted a Commerce Department report that said that retail sales had risen 0.5 percent last month in May, while what had initially been reported as a 0.2 percent decrease in A...Read More

BidFair USA, a company owned by the French-Israeli collector and entrepreneur Patrick Drahi, has taken ownership of Sotheby's, the 275-year-old auction house. Drahi, who paid $3.7 billion for the auction house, is planning to take the publicly traded company private, which means that Sotheby's will no longer be traded on the New York Stock Exchange (NYSE). The acquisition may have a sign...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsHowever, analysts at the bank's global research team said neither LME quotations nor physical premia have reflected that."In our view, the trade dispute is the key culprit, compounding the negative impact the ongoing rebalancing of China's economy has had on growth," the bank said in its Global Metals Weekly report.Altech ticks boxe...Read More