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 Explorer Challenge is on for explorationists from around the world to find new targets at the Mount Woods tenements of the Prominent Hill copper-gold project.This is a crowdsourced challenge offered by OZ Minerals to peruse over two terabytes of their project data and pinpoint the most promising drill targets. The contest runs until the end of May 2019 with the top targets to be drilled later...Read More
As more millennials are interestedin sustainable investments, one "green tech" company is leading the charge on clean drilling.Concerns about climate change and the high cost of energy have driven the maturation of the "Green Technology" movement into a trillion-dollar industry.Socially Responsible Investments (SRIs) are the most popular component of the average millennial's 401K, according to a r...Read More
The 40-day trendline has failed to push the shares back above $22Another retailer ready to take the earnings stage this week is Abercrombie & Fitch Co. (NYSE:ANF), scheduled to report fourth-quarter results before the market opens tomorrow, March 6. Below we will dive into the stock's performance, and take a glance at what the options market is pricing in for ANF's post-earnings trading.Abercromb...Read More
The stock just ran into a historically bullish trendlineMatch Group Inc (NASDAQ:MTCH) stock hit a record high of $60.91 on Feb. 7 -- almost doubling its Nov. 20 low of $31.69 in little over a two-month time frame. The online dating concern has subsequently taken a breather on the charts, but the pullback could be a buying opportunity, if recent history is any indicator. MTCH just came within one...Read More
Revlon has landed on the short-sale restricted list todayRevlon Inc (NYSE:REV) stock is selling off today after brokerage firm Jefferies pointed out data from Nielsen showing worsening sales for the cosmetics company. REV shares are trading down 17.7% at $21.05, set for its first close below the 200-day moving average since August, and options volume is running at an accelerated pace. At last chec...Read More
Crude oil bulls are attempting a comeback early in the week. Can they pull a rabbit out of their hats? Carefully examining the situation, we have the answer to that question. It's great to share the rich details. In the format you are used to - on time and highly actionable.Let's take a closer look at the chart below (chart courtesy of http://stockcharts.com).Yesterday, the rising green support li...Read More
Toronto-based junior Euro Sun Mining's (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million.Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of C$0.50 for a period of 24 months from issuance.The Rovina Valley Project...Read More
Toronto-based junior Euro Sun Mining's (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million.Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of C$0.50 for a period of 24 months from issuance.The Rovina Valley Project...Read More
Toronto-based junior Euro Sun Mining's (TSX: ESM) stock jumped over 20% on Tuesday after the company announced a non-brokered private placement financing of up to 10m units for gross proceeds of up to C$3 million.Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of C$0.50 for a period of 24 months from issuance.The Rovina Valley Project...Read More
Cowen thinks "Apex Legends" is running out of steamThe Dow is marginally higher today as investors await fresh U.S.-China trade developments. Among stocks making notable moves today, video game maker Electronic Arts Inc. (NASDAQ:EA) and electric car concern Tesla Inc (NASDAQ:TSLA) are lower, while BioNano Genomics Inc. (NASDAQ:BNGO) is higher. Here's a quick look at what's moving the shares of EA...Read More
Gold futures finished lower on Tuesday to tally a seventh straight loss, the longest streak of daily declines in two years, as strength in the dollar and a lower economic growth forecast for China dulled demand for the precious metal. "The key reason for gold price to fall is China," said Chintan Karnani, chief market analyst at Insignia Consultants. "There is apprehension that a slower Chinese ec...Read More
The Shanghai customs authority foundRead full newsRead More
The activist investor lowered his exposure to the car rental nameHertz Global Holdings Inc (NYSE:HTZ) stock is down 13.5% today at $17.29, after a Securities and Exchange Commission (SEC) filing revealed Carl Icahn cut his stake in the car rental name to 28.91% from 35.27%. This follows yesterday's after-the-close buzz that Morgan Stanley re-offered 5 million HTZ shares for $19.60-$19.65 -- a disc...Read More
Barrick Gold Corp's top shareholder said on Tuesday the miner should focus on striking a joint venture deal in Nevada with rival Newmont Mining Corp before considering a full-blown merger."My preference is a joint venture," Joe Foster of the Van Eck International Investors Gold Fund, said in a phone interview. "I don't flat out oppose a merger. If a merger is the only way to unify Nevada then mayb...Read More
AAII bears have gone into hibernation modeJust a few short weeks ago, the majority of American Association of Individual Investors (AAII) respondents considered themselves bearish on the stock market. However, in the wake of the epic 2019 rally thus far, AAII bears have gone into hibernation, now accounting for just 20% of respondents. That's a bearish exodus Wall Street hasn't seen since 2009, ac...Read More
Jefferies just started coverage with a "buy" rating and a $10 price targetThe shares ofMarinus Pharmaceuticals Inc (NASDAQ:MRNS) are popping today after Jefferies initiated coverage on the penny stock with a "buy" rating and a $10 target price -- nearly three times yesterday's close at $3.56. The brokerage firm believes the pharma company's Phase II postpartum depression data could spark a rally u...Read More
With the global race to secure lithium heating up in 2016, Chile's president Michelle Bachelet wanted to be sure her country seized the moment. Home to half the world's lithium reserves, Chile tapping its state-run miner Codelco to ramp up production seemed a sure bet.Chile's most trusted public enterprise, she said, could hunt for private partners to help it mine its own lithium for the good of a...Read More
Target reported its best traffic growth in yearsStocks are cautiously higher in afternoon trading, with the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) a hair above breakeven, at last check. Traders continue to await news regarding a U.S.-China trade deal, and this morning digested a cuteconomic growth target from Beijing. Elsewhere, Wall Street is applaud...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
NFLX just pulled back to a trendline with historically bullish implicationsWhile Alphabet (GOOGL) climbs in the wake of a big bull note, fellow FAANG name Netflix, Inc. (NASDAQ:NFLX) has tapered off recently, currently mired in a four-day losing streak. However, this pullback could have bullish implications for NFLX, if history is any guide.More specifically, Netflix stock closed yesterday near i...Read More