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

Trade, earnings, and politics dominated headlines this weekTraders had a ton to digest this week, especially considering it was cut a day short for the Martin Luther King Jr. holiday on Monday. Fourth-quarter earnings season was in full swing, but constant buzz around U.S.-China relations, the government shutdown, and the Fed kept shifting Wall Street's attention seemingly hour to hour. As of this...Read More

Canada's Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha - Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.In a press release, Mirasol explained that under the terms of the agreement, it can acquire 100% of the Marcelina claims from a pri...Read More

Canada's Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha - Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.In a press release, Mirasol explained that under the terms of the agreement, it can acquire 100% of the Marcelina claims from a pri...Read More

Canada's Mirasol Resources (TSX-V: MRZ) announced that it has signed an option to purchase agreement which would allow it to complete the consolidation of the Sascha - Marcelina low sulfidation epithermal Au-Ag district in the Santa Cruz province of southern Argentina.In a press release, Mirasol explained that under the terms of the agreement, it can acquire 100% of the Marcelina claims from a pri...Read More

WSJ: The Fed's balance sheet unwind could end sooner than expectedWith an end hopefully in sight for the now record-breaking government shutdown, and after upbeat comments about U.S.-China trade negotiations from Treasury Secretary Steven Mnuchin, the Dow Jones Industrial Average (DJI) is up more than 200 points -- now pacing for its fifth consecutive weekly win, and its longest weekly win streak...Read More

On Wednesday morning, a rocket blasted off from Blue Origin's West Texas facility in West Texas, carrying eight NASA experiments into space with it.Climbing past an altitude of 350,000 feet (over 100 kilometers), the New Shepard rocket launched its capsule, from which the company founded by Amazon CEO Jeff Bezos plans to conduct space tourism. Blue Origin tweeted that it plans to begin flying huma...Read More

Citrix Systems stock gapped lower post-earnings yesterdayCitrix Systems, Inc (NASDAQ:CTXS) gapped lower yesterday, Thursday, Jan. 24, in the wake of a subpar quarterly report. This triggered three price-target cuts to the software name, including to $110 from $115 at Wedbush. However, it's not all bad news: that drop has put CTXS in touch with a trendline with historically bullish implications....Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

Analysts are already bullish on the nameOppenheimer initiated coverage on Aptose Biosciences Inc (NASDAQ:APTO) with an "outperform" rating and a $6 price target -- a nearly 200% premium to last night's close -- sending the stock up 3.5% to trade at $2.09. The brokerage firm waxed optimistic on the company's cancer drug, CG-806, and its potential for commercial growth as a treatment for both acute...Read More

Several analysts tweaked their price targets after earningsDespite its fiscal second-quarter earnings and revenue miss, the shares of Western Digital Corp (NASDAQ:WDC) are up 10% at $44.18, on a positive forecast from the company. Specifically, the data storage concernforesees improved revenue in the second half of the year, as it beginsto cut costs. WDC bottomed out at a six-year low of $33.83...Read More

The brokerage firm thinks advertising and AWS drove strong revenue growth for AMZNCowen chimed in on Amazon.com, Inc. (NASDAQ:AMZN) ahead of the e-tailer's quarterly earnings report, due after the market closes next Thursday, Jan. 31. The analyst believes Amazon's fourth-quarter earnings will arrive at the top end of previous estimates, driven by strong revenue growth in its advertising business,...Read More

China is likely to lift exports of battery chemicals such as lithium hydroxide this year as domestic producers expand output and try to profit from higher overseas prices amid rising global demand for electric vehicle batteries, the chief executive of lithium miner Pilbara Minerals said on Friday.The increasing exports from China, which is mainly considered a buying of battery materials because of...Read More

"DART would be NASA's first mission to demonstrate what's known as the kinetic impactor technique...to defend against a potential future asteroid impact,"Read full newsRead More

* Indian discounts shrink; dealers eye import duty announcement* China premiums at $9.50-$11.50 an ounce* Festival buying picks up in Singapore as wellDemand for physical gold in India improved slightly this week as local prices eased from their highest level in over five years, while buying gathered steam in China ahead of the Lunar New Year festival.Dealers in India were offering a discount of u...Read More

Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More

CGC shares are eyeing their highest close in monthsCanopy Growth Corp (NYSE:CGC) is trading up 6.1% this morning at $46.92, after Piper Jaffray again weighed in bullishly on the weed stock. The brokerage firm -- which earlier this month made public its positive view on the cannabis space -- boosted its price target on CGC shares to $60 from $40. In the note, analysts called out the company's appro...Read More

SBUX could test its early November record highs todayThe shares of Starbucks Corporation (NASDAQ:SBUX) are up 4.5% in electronic trading, after the coffee giant's blowout earnings report. Starbucks reported fiscal first-quarter adjusted earnings of 75 cents per share on $6.6 billion in revenue, both soundly exceeding analysts' expectations. Same-store sales also rose 4% year-over-year, more than...Read More

Colombia has extended coal miner Drummond's license to operate its La Loma mine for an additional 20 years, the national mining agency said on Thursday.The contract at the mine, located in northeastern Cesar province, will generate at least $586 million in royalties, income and social project investment during its lifetime, the agency said in a statement on its website. The company has operated th...Read More

Barrick Gold Corp.'s new chief executive officer, Mark Bristow, said his company is seeking solutions to a dispute over mining taxes in Zambia."We're engaged with the government in a constructive way," he told reporters at a press conference in the Ivory Coast's economic capital, Abidjan. "We don't believe that threatening one's partner is a constructive way to go about solving problems."Mining co...Read More

There's a ton for traders to consider this morning on Wall StreetDow Jones Industrial Average (DJI) futures are trading above fair value this morning, as stocks try to end the busy four-day trading week on a positive note. Either way, it's setting up to be another action-packed day on Wall Street, with traders digesting renewed negotiations around the government shutdown, a leading Wall Street Jou...Read More