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

Wars are fought over resources every day.That includes basic necessities like food and water, wealth like gold and diamonds, luxuries like cocoa and sugar, and strategic resources like oil and metal.It's always been this way."Gavisti," the Sanskrit word for "war," also translates to a "desire for more cows." The French Revolution was fought over bread. And Germany invaded Russia in WWII because it...Read More

The May unemployment report came rolling from the United States Department of Labor this morning.In the highly technical vernacular of the trade… it was a "miss."And not by a nose, not by a hair, not by a whisker.Economists as a group divined 175,000 May jobs.What was the actual number?Seventy-five thousand - fully 100,000 beneath consensus - and the lousiest figure since February.Each one o...Read More

Next to housing and transportation, food is one of the biggest household expenses in the U.S. According to the Bureau of Labor Statistics' 2016 Consumer Expenditure Survey, the average household spends $7,203 annually on food. The survey breaks this number down even further to include food at home, $4,049, and food away from home, $3,154. Notice the numbers are relatively close, despite the fact...Read More

Stocks extended their short-term run-up on Wednesday, as investors' sentiment further improved following Tuesday's rally. The S&P 500 index got closer to its late May local highs. Is this a new uptrend or just an upward correction?S&P 500 - 100 Points Above Monday's Low, Will Rally Continue?The U.S. stock market indexes gained 0.8% on Wednesday, extending their Tuesday's run-up, as investo...Read More

This was the Dow's third straight triple-digit gain and longest win streak since MarchThe Dow nabbed itsfourth straight win today-- it's longest winning streak since mid-March -- and third triple-digit gain in a row. Wall Street is still cheering Fed Chair Jerome Powell's dovish comments from Tuesday, and stocks got a last-minute boost today from a Bloomberg report that indicated the U.S. may post...Read More

XLF has surged over 20% during the past six monthsWith mixed expectations around the Fed's next move, alongside a warning on increased trade disputes coming from the International Monetary Fund (IMF), the Financial Select Sector SPDR Fund ETF (XLF) has been drawing increased attention, specifically in the options pits. XLF has had a notable year on the charts, now up more than 23% from its Decembe...Read More

One trader may have initiated a long strangle in the January 2020 seriesFlex Ltd (NASDAQ:FLEX) is seeing accelerated options trading today, as the stock moves higher on a new bull note. With about an hour left in the session, around 7,300 calls and 6,750 puts have changed hands on FLEX, three times what's typically seen at this point, and volume pacing in the elevated 98th annual percentile.Most o...Read More

A subsidiary of the media firm was slapped with a credit rating downgradeEros International plc (NYSE:EROS) stock is at the bottom of the New York Stock Exchange (NYSE) today, after CARE Ratings lowered its credit rating on Eros International Media Limited, a subsidiary of the Mumbai-based movie company, to D from BBB-, citing "ongoing delays/default in debt servicing." While EROS responded, sayin...Read More

Momentum is building for M&A across the gold industry driven by the market, balance sheets and shareholders, a report titled An Activist Gold Rush? by Kingsdale Advisors released Thursday finds.Mining behemoths Barrick (NYSE: GOLD, TSX: ABX) and Newmont (NYSE: NEM, TSX: NGT) have grabbed headlines with acquisitions of Randgold and Goldcorp respectively. Barrick and Newmont, in a JV that creat...Read More

Momentum is building for M&A across the gold industry driven by the market, balance sheets and shareholders, a report titled An Activist Gold Rush? by Kingsdale Advisors released Thursday finds.Mining behemoths Barrick (NYSE: GOLD, TSX: ABX) and Newmont (NYSE: NEM, TSX: NGT) have grabbed headlines with acquisitions of Randgold and Goldcorp respectively. Barrick and Newmont, in a JV that creat...Read More

Momentum is building for M&A across the gold industry driven by the market, balance sheets and shareholders, a report titled An Activist Gold Rush? by Kingsdale Advisors released Thursday finds.Mining behemoths Barrick (NYSE: GOLD, TSX: ABX) and Newmont (NYSE: NEM, TSX: NGT) have grabbed headlines with acquisitions of Randgold and Goldcorp respectively. Barrick and Newmont, in a JV that c...Read More

Tarku Resources (TSXV:TKU)(theRead full newsRead More

Traders more than doubled their money on Schaeffer's recommended putSubscribers to Schaeffer's Weekend Trader Alert newsletter just more than doubled their moneywith our Box Inc (NYSE:BOX) June 22 put option recommendation. Below, we'll explain how this options trade more than surpassed its expected target, leaving the stock's options traders with a big win.When we initially recommended the put t...Read More

INSY's implied volatility has spikedThe volatile year is continuing for Insys Therapeutics Inc (NASDAQ:INSY), with the shares soaring 20.7% today to trade at $1.04, earlier getting halted for volatility after a more than 80% surge. This price action follows news from last evening of the company's $225 million settlement with the federal government, while today it was announced that Chairman Steven...Read More

Short-term options are attractively priced, to bootShares of marijuana concern Aurora Cannabis Inc (NYSE:ACB) are down 3% to trade at $7.50 today. ACB's technical setup has been bleak of late, with the stock heading toward a third straight weekly loss. However, this pullback could be short-lived, if history is any indicator.More specifically, ACB is now within 3% of its 320-day moving average. Sin...Read More

CTRV has roughly doubled after an early-stage liver fibrosis treatment proved successfulThe Dow has continued its rally, eyeing a fourth straight win today thanks to strength from the energy sector. Drug stocks ContraVir Pharmaceuticals Inc (NASDAQ:CTRV) and La Jolla Pharmaceutical Company (NASDAQ:LJPC) are soaring today, too. Below, we'll take a look what's driving CTRV and LJPC's big moves. CT...Read More

Fortune Minerals Limited (TSX:FT; OTCQB:FTMDF) (OTCQX: FTMDF) (Read full newsRead More

Trade could also remain in focus, with tariffs on Mexican goods slated for June 10After a busy start to the month, June's pace will likely slow next week as the summer doldrums set in on Wall Street. Earnings reports are light, and no Fed speakers are on tap. Investors will instead digest the latestinflation figures -- especially in light of recent Fed comments -- and retail sales toward the end o...Read More

The short seller warns against trying to "catch a falling knife"The shares of FleetCor Technologies, Inc. (NYSE:FLT) are lower today, after short seller Citron Research weighed in on the company. While this isn't the first time Citron has taken aim at FLT -- it called the fuel card provider a "predatory company" in April 2017 -- today's note has fueled crazy options volume on the shares.More speci...Read More

Stifel just started coverage with a "buy" rating Stifel just initiated coverage on the marijuana producer Canopy Growth Corp (NYSE:CGC) this morning, calling the stock a "buy" and starting with a $47.77 price target -- a nearly 20% premium to where the stock's current perch of $40.78. The analyst said Canopy is a leader in the relatively new pot industry, calling the Canadian cannabis concern the...Read More