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

Most analysts are bearish on the utility nameThe shares of PG&E Corporation (NYSE:PCG) are up 2.8% to trade at $19.03 today, after the utility company appointed William Johnson as its new CEO. PCG also said it's reshuffling its board, adding 10 new directors, while seven current board members will step down. In the wake of the news, options traders have taken renewed interest in the beleaguered...Read More

Very clear warning signs are now flashing that the U.S. economy could be heading for trouble and that the longest expansion in recent memory may soon end. But as usual, financial media and mainstream investors are once again flushed with optimism as the stock market plows higher.Last week, the Fed gave a narrative confirmation to the dangers when they officially called off their monetary tightenin...Read More

Stocks slightly extended their short-term uptrend on Wednesday, as investors' sentiment remained bullish following the recent rally. The S&P 500 index was the highest since the early October yesterday, but it closed just 0.2% higher. So will the uptrend continue?The U.S. stock market indexes gained 0.2-0.6% on Wednesday, slightly extending their short-term uptrend once again, as investors' sen...Read More

Nevada Sunrise (TSXV:NEV) is pleased to announce its Phase 2 exploration plans for the Coronado VMS property (Read full newsRead More

BAML upgraded Nio stock today, too Nio Inc (NYSE:NIO) stock bottomed at a record low of $4.90 in late March, but has since come off this level. Citigroup thinks the worst is over for the electric auto stock, with analyst Jeff Chung upgrading the shares to "buy" from "hold." And while he cut his NIO price target to $6.80 from $7.20, this still is a 28% premium to last night's close.BofA-Merrill Lyn...Read More

Strength could beget strength for Wall Street, if past is prologueNot too long ago, we noted the Dow Jones Industrial Average's (DJI) golden cross -- when its 50-day moving average moved back above its 200-day moving average, often seen as a bullish technical indicator. Since then, its fellow stock market indexes, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC), have made golden crosses of the...Read More

Despite JPM's choppy trading, call options are popularBanking giant JPMorgan Chase & Co. (NYSE:JPM) is flat today, trading at $105.39, as Wall Street digests JPM CEO Jamie Dimon's annual letter to shareholders, in which he weighed in on the U.S. education system and higher taxes for wealthy Americans. If history is any guide, though, the Dow stock could find itself in trouble in the near term. T...Read More

Western Copper and Gold Corporation (TSX:WRN, NYSE AMERICAN:WRN) is pleased to announce that Ms. Tara Christie has been appointed to Western's Board of Directors, effective April 3, 2019.Read full newsRead More

The Fed's meeting minutes will also be dissectedMostly subdued on the earnings front, the second week in April will host quarterly reports from big bank Wells Fargo (WFC) and blue-chip giant JPMorgan & Chase (JPM). Also sure to capture headlines will be the House of Representatives Democratic Caucus annual retreat, with Fed Chair Jerome Powell set to make an appearance, and traders will also disse...Read More

Fremont Gold's (TSXV:FRE) (OTC:USTDF)(Read full newsRead More

Wall Street is optimistic that an agreement between the U.S. and China is nearThe Dow Jones Industrial Average (DJI) has tacked on more than 140 points at midday, with all eyes on trade talks between the U.S. and China. President Donald Trump is meeting with Chinese Vice Premier Liu He today, and reports indicate he will announce the date of trade talks with Chinese President Xi Jinping this after...Read More

The story of how two prospectors, down to their last nickels, discovered diamonds in Canada's frozen north is the stuff of legend.Back in 1982, Chuck Fipke and Stewart Blusson laid low in a pup tent by day while their competitor De Beers hauled 45-gallon drums of rock samples to a nearby outpost for transport to South Africa. Using the long hours of summer sunlight north of the 65th parallel, the...Read More

Goldcorp shareholders approved Newmont Mining Corp's $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world's largest gold producer.While some Goldcorp shareholders had voiced concerns in recent weeks, in the end there was little push back against blessing the biggest-ever corporate takeover in the gold sector's history, according to Refinitiv data.T...Read More

Goldcorp shareholders approved Newmont Mining Corp's $10 billion takeover offer on Thursday, removing one of the last remaining hurdles to create the world's largest gold producer.While some Goldcorp shareholders had voiced concerns in recent weeks, in the end there was little push back against blessing the biggest-ever corporate takeover in the gold sector's history, according to Refinitiv data.T...Read More

The restaurant chain's CEO just announced her retirement The shares of restaurant chain Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) are slipping today, after CEO Denny Marie Post announced her retirement. The announcement comes at a tumultuous time for the burger company, with interim CEO Pattye Moore reporting weak first-quarter comparable-store sales, citing "challenging weather" in the U.S. A...Read More

MO has been strong for most of 2019 Tobacco name Altria Group Inc (NYSE:MO) has been in hot water this week as it manages the fallout over a troubling warning from the Food and Drug Administration (FDA). Yesterday, the FDA reported a potential link between e-cigarettes and an increased risk of seizures for some users. Today Jefferies chimed in, noting that, while somewhat unlikely, the FDA inve...Read More

How you can transform lagging indicators into leading indicators.Many traders are tired of repeating the same mistakes over and over again, but are unsure how to break the cycle of bad decisions that lead to mediocre, or even poor results.And even the supposed "market gurus" or "experts" don't have the answer... or if they do, it's "all flash and no substance."But there is a REAL solution.While ot...Read More

Guggenheim has been busy boosting price targets this morningGuggenheim chimed in on several FAANG stocks this morning, lifting its price targets for Nasdaq heavyweights Alphabet Inc (NASDAQ:GOOGL), Facebook, Inc. (NASDAQ:FB), and Netflix, Inc. (NASDAQ:NFLX). Here's a closer look at those bull notes, and how the shares of GOOGL, FB, and NFLX are reacting.Guggenheim Targets Major Upside for Alphabet...Read More

Analysts see fresh highs ahead for ETSY and TWTR sharesThe rise in the share price for Etsy Inc (NASDAQ:ETSY) has been met with a number of bullish analyst notes over the past year, and this morning the stock attracted a new "buy" rating from Canaccord Genuity. The brokerage firm also set an $85 price target for ETSY, writing that there's a large under-penetrated market the company can take advant...Read More

A Peruvian judge on Wednesday ordered three years of jail time for three lawyers representing indigenous villagers who have blockaded shipments from a massive copper mine operated by Chinese miner MMG Ltd.The ruling, which a lead prosecutor confirmed on television news channels, promises to further polarize a dispute between MMG and the Quechua-speaking village of Fuerabamba, in Peru's southern co...Read More