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

FB and MSFT saw big post-earnings gainsThe Dow was down 286 points at its intraday low, pressured by a stiff post-earnings loss for 3M (MMM) -- which suffered its worst day since Black Monday, shedding nearly 13%. The blue-chip index pared most of these losses by the close, but still settled in negative territory alongside the S&P 500. The Nasdaq, meanwhile, was just shy of a record closing high,...Read More

A bullish signal just flashed on the charts for AABAFormer Yahoo! Inc. name Altaba Inc (NASDAQ:AABA) has enjoyed some serious upward movement in 2019. The stock is up 31.1% year-to-date, and just came off its best quarter since 2013. The internet concern is expected to report quarterly earnings soon (though it doesn't appear an official date has been announced), and while AABA has run into recent...Read More

FDX options are attractively priced at the momentThe shares of FedEx Corporation (NYSE:FDX) are down 3.4% to trade at $191.12 today, on track for its worst day in over a month. FDX is being dragged down by sector peer United Parcel Service (UPS), which reported a first-quarter profit miss and lower revenue expectations thanks to severe winter weather. In response, FDX options traders have come ou...Read More

Argentina's credit and FX markets are crashing for a second day, signaling an implied probability-of-default gauge over 60%, as investors rapidly lose faith that President Macri will fend off his populist foes and win re-election this year.Read full newsRead More

CMG stock is also making a big move in today's tradingThe U.S. stock market is mixed today, as Wall Street weighs volatile post-earnings moves for 3M (MMM) and Facebook (FB). Among other names in focus are big-cap entertainment issue Walt Disney Co (NYSE:DIS), electric car concern Tesla Inc (NASDAQ:TSLA), and burrito chain Chipotle Mexican Grill, Inc. (NYSE:CMG). Here's a quick roundup of what's m...Read More

It took just two months for subscribers to double their investmentSubscribers to Schaeffer's Weekend Trader Series managed to double their money in just two months with the Fastenal Company (NASDAQ:FAST) August 60 call. Below, we will dive into why we anticipated an upside move from the tool specialist, and how the options trade unfolded.When we first recommended the call option on Sunday, Feb...Read More

GOOGL reports earnings next MondayGoogle parent Alphabet Inc (NASDAQ:GOOGL) is preparing to report earnings, hoping to replicate the success of other large-cap tech stocks we've seen this week. Ahead of the event, scheduled for after the close next Monday, April 29, there's an unusual setup in GOOGL's options pits. Specifically, put open interest is greater than call open interest among contracts...Read More

Anglo American (LON: AAL) released its first quarter production results on Thursday, reporting decreased production numbers, mostly because of planned disruptions at its metallurgical coaldivision, where production dropped 25%."Production is 6% lower in the quarter, with two planned longwall moves at metallurgical coal accounting for 80% of the reduction," chief executive Mark Cutifani said in...Read More

Anglo American (LON: AAL) released its first quarter production results on Thursday, reporting decreased production numbers, mostly because of planned disruptions at its metallurgical coaldivision, where production dropped 25%."Production is 6% lower in the quarter, with two planned longwall moves at metallurgical coal accounting for 80% of the reduction," chief executive Mark Cutifani said in...Read More

PINS options began trading todaySince making its public trading debut last Thursday, April 18, Pinterest Inc (NYSE:PINS) stock hasn't disappointed shareholders. In fact, the equity has yet to close a session in the red, and continues to explore all-time highs. What's more, PINS options began trading today -- here's how investors are speculating on the social media stock's future.Pinterest priced i...Read More

Granada Gold Mine is encouraged by the results of a new two stage gravity concentration from its Granada gold project near Rouyn-Noranda. Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.The pre-concentration study was conducted at the pilot plant of Canada Cobalt Works in Gowanda, Ont.The test was done on a 120-kg sample of low-grade material from the mine's...Read More

Granada Gold Mine is encouraged by the results of a new two stage gravity concentration from its Granada gold project near Rouyn-Noranda. Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.The pre-concentration study was conducted at the pilot plant of Canada Cobalt Works in Gowanda, Ont.The test was done on a 120-kg sample of low-grade material from the mine's...Read More

Granada Gold Mine is encouraged by the results of a new two stage gravity concentration from its Granada gold project near Rouyn-Noranda. Mineralized material that had only 1.01 g/t gold was successfully upgraded to 67.99 g/t.The pre-concentration study was conducted at the pilot plant of Canada Cobalt Works in Gowanda, Ont.The test was done on a 120-kg sample of low-grade material from the mine's...Read More

Toronto-based Wesdome Gold Mines continues to intersect high grades as drilling goes on at the Kiena mine complex in Val d'Or. Drills are testing the Kiena Deep A zone, with excellent results not yet reflected in a resource estimate.Ongoing drilling is expanding the Kiena Deep A zone both up and down plunge. Here are some highlights:Hole 6404: 18.2 g/t gold over 11.0 metres core length (18.2 g/t g...Read More

Toronto-based Wesdome Gold Mines continues to intersect high grades as drilling goes on at the Kiena mine complex in Val d'Or. Drills are testing the Kiena Deep A zone, with excellent results not yet reflected in a resource estimate.Ongoing drilling is expanding the Kiena Deep A zone both up and down plunge. Here are some highlights:Hole 6404: 18.2 g/t gold over 11.0 metres core length (18.2 g/t g...Read More

Toronto-based Wesdome Gold Mines continues to intersect high grades as drilling goes on at the Kiena mine complex in Val d'Or. Drills are testing the Kiena Deep A zone, with excellent results not yet reflected in a resource estimate.Ongoing drilling is expanding the Kiena Deep A zone both up and down plunge. Here are some highlights:Hole 6404: 18.2 g/t gold over 11.0 metres core length (18.2 g/t g...Read More

AAL options are pricing in a bigger-than-usual reactionAmerican Airlines Group Inc (NASDAQ:AAL) will report earnings before the open tomorrow, April 26. Ahead of the event, AAL shares just flashed a historically bearish signal on the charts, and the options market is pricing in a bigger-than-usual post-earnings move for tomorrow's trading.For most of 2019, American Airlines stock has consolidated...Read More

Some analysts are still skeptical of the outperforming stockChinese travel services stock Ctrip.com International, Ltd. (NASDAQ:CTRP) has put in a strong performance so far this year, up 55% to trade at $41.99 -- thanks in part to an early March post-earnings bull gap. More recently, the shares pulled back after hitting a nine-month high of $46.50, but are now trading near a trendline with histori...Read More

The Nasdaq is extending its streak of record intraday highsThe Dow Jones Industrial Average (DJI) is still reeling from 3M's (MMM) major earnings miss. The index has lost almost 175 points at midday, despite new record highs from both Microsoft (MSFT) and Disney (DIS). The Nasdaq Composite (IXIC) continues to flourish, however, on an earnings beat from Facebook (FB), and once again touched a new...Read More

Merck and Pfizer will also reportCertain to grab headlines next week will be the highly anticipatedearnings from FAANG members Alphabet (GOOGL) and Apple (AAPL). In addition, blue chips McDonald's (MCD), Merck (MRK), and Pfizer (PFE) are also expected to report, as areSpotify (SPOT), Sprint (S), and Advanced Micro Devices (AMD), to name a few. Outside of earnings, the Fed's policy meeting and Fed...Read More