The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More

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

The next time you catch a flight out of the country, your face may end up in a government database.Airport security has beefed up in the last few years. So it's surprising that the use of facial recognition technology is only now becoming common in U.S. airports, but that's exactly what's happening.News has come out recently that U.S. Customs and Border Protection (CBP) is looking to expand the us...Read More

Gold has failed to gain traction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. That's given gold-futures speculators the run of the market, where they have sold aggressively including extreme shortin...Read More

US GDP numbers is overhyped today. Traders will take positions for next week's FOMC meet and host of US jobs numbers. There will be an Easter impact on US jobs. Global economy has a feel good situation. Once again it will be a technical trade today. Central bank buying has failed to lift gold. I am against going long in crude oil unless it breaks and trades over $67.20 till Mid May. Remain on th...Read More

Gold has failed to gain traction over the past couple months, normally a seasonally-strong time. That has really weighed on sentiment, leaving traders increasingly bearish. Gold investment demand has flagged dramatically with lofty stock markets spewing great euphoria. That's given gold-futures speculators the run of the market, where they have sold aggressively including extreme shortin...Read More

US GDP numbers is overhyped today. Traders will take positions for next week's FOMC meet and host of US jobs numbers. There will be an Easter impact on US jobs. Global economy has a feel good situation. Once again it will be a technical trade today. Central bank buying has failed to lift gold. I am against going long in crude oil unless it breaks and trades over $67.20 till Mid May. Remain on th...Read More

The Nasdaq and S&P both closed higher for the day and weekStocks closed higher, with investors digesting gross domestic product (GDP) data that showed the U.S. economy grew 3.2% during the first quarter, well aboveforecasts. However, upside was contained following a batch of mixed corporate earnings reports, with an Intel (INTC) disappointment dragging on the Dow in early trading, while well-recei...Read More

Saudi Arabia and several of its allies have more replacement barrels than what would be lost from Iranian exports in a worst case scenario. This should limit the positive impact on crude prices...Read full newsRead More

Are you ready to cough up $220,000 to pay your 'fair share'? Read full newsRead More

Behind the sharp drop in AAII bears in 2019With the major market indexes recently notching record-high closes, it's not too surprising to find bearish sentiment dwindling. In fact, the 10-week average of American Association of Individual Investors (AAII) respondents who identify as bearish -- or, specifically, who feel the stock market will move lower in the next six months -- recently fell below...Read More

Amazon plans to make one-day delivery standard for Prime membersWhile the broader equities market is struggling for direction this afternoon, a number of stocks are getting hit on Amazon's (AMZN) plans to make one-day delivery standard for Prime members, with Bernstein analyst Brandon Fletcher suggesting, "this is about making it more expensive to catch up" to the e-tail giant. Here's a closer lo...Read More

India is currently holding its Lower House general elections and Fitch's Solutions' Country Risk team expects Prime Minister Narendra Modi's National Democratic Alliance, led by the Bharatiya Janata Party (BJP), to win the most number of seats, but fall short of a simple majority in the Lower House.Under this scenario, Fitch forecasts in its latest industry trend analysis, India's mining sector wo...Read More

India is currently holding its Lower House general elections and Fitch's Solutions' Country Risk team expects Prime Minister Narendra Modi's National Democratic Alliance, led by the Bharatiya Janata Party (BJP), to win the most number of seats, but fall short of a simple majority in the Lower House.Under this scenario, Fitch forecasts in its latest industry trend analysis, India's mining sector wo...Read More

The brokerage bunch is overwhelmingly bullish on the tech stockOppenheimer initiated coverage on Pareteum Corp (NASDAQ:TEUM) with an "outperform" rating and $7 price target -- an 80% premium to last night's close. Analyst Timothy Horan waxed optimistic on the mobile networking software and services provider's "very strong" backlog growth, and is in a position to increase revenues by 30% in the nex...Read More

The S&P and Nasdaq both nabbed record closes earlier this weekEarnings season is a roller coaster, and this week was no different. Wall Street saw the S&P 500 and Nasdaq nab record closes, only to take a breather later in the week, although this could signal low volatility ahead. In addition to corporate earnings, traders kept an eye on oil prices and digested better-than-expected gross domestic...Read More

Ollie's Bargain Outlet is nearing record-high territoryRetail chain Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) is moving higher this afternoon, last seen up 0.2%, at $95.32. The shares earlier this week received a Morgan Stanley's price-target hike to $86 from $79, which sent OLLI's year-to-date gain above 43%. In fact, the stock rallied its way to an all-time peak of $97.98 on Wednesday....Read More

Oil prices are reeling on comments from President TrumpDespite first-quarter gross domestic product (GDP) growth that exceeded expectations, the Dow Jones Industrial Average (DJI) has traded on both sides of breakeven today. The index was last seen modestly higher, though, even as blue chips Exxon Mobil (XOM) and Intel (INTC) tank after earnings. Meanwhile, the Nasdaq Composite (IXIC) isin the re...Read More

At least nine analysts raised their Amazon price targets overnightAmazon.com, Inc. (NASDAQ:AMZN) is buzzing this morning, with analysts quick to react after the e-tailer last night reported a first-quarter earnings beat. Specifically, the tech giant recorded a $7.09 per-share profit in the first three months of 2019, more than double its year-ago $3.27 per-share profit, and well above the consensu...Read More

Uber is expected to go public in early MayDetails of Uber's initial public offering (IPO) are emerging, valuing the company north of $80 billion, and that has rival ride-sharing concern LYFT Inc (NASDAQ:LYFT) in focus. Another name that's in the conversation is PayPal Holdings Inc (NASDAQ:PYPL), with the payments processor planning a $500 million purchase of Uber shares, which are expected to be p...Read More

Edibles and the entry of major retail players should push pot into the mainstreamWeed concern Aurora Cannabis Inc (NYSE:ACB) is higher today, as traders digest the company's new licensing agreement for EnWave's patenteddrying technology. In addition, ACB and fellow cannabis concern Hexo Corp (NYSEAMERICAN:HEXO) both scored fresh "buy" ratings from analysts at Desjardins Securities. The brokerage f...Read More

Sibanye Gold Ltd. agreed to raise its all-share offer for platinum miner Lonmin Plc, citing an increase in metal prices since the deal was announced in December 2017.The increase should help bolster support from Lonmin investors, who still need to vote on the takeover. It also signals Sibanye boss Neal Froneman's determination to get the deal done, as the company needs access to Lonmin's metal-pro...Read More