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
Traders don't need to wait until the opening bell to start raking in massive wins.In light of the recent market action, many traders are taking time to reevaluate their portfolios...Analyzing their open positions...And getting ready to make any needed changes to their trading in the weeks and months ahead.However, most traders are under the impression that they have to wait until markets open to...Read More
Procter & Gamble was named one of BofA-Merrill Lynch top picks for the first quarterBofA-Merrill Lynch just named Procter & Gamble Co (NYSE:PG) one of its "high conviction ideas" for the first quarter of 2019. The brokerage firm said it sees sustainability in P&G's recent revenue strength, and that the company is positioned to beat earnings per share (EPS) and organic sales estimates. Looking at t...Read More
The Oyu Tolgoi project is central to Rio Tinto's push to diversify its portfolio away from iron ore.Read full newsRead More
Bullion futures held near a six-month high after topping $1,280 an ounce.Read full newsRead More
The DJI was down triple digits in early tradingThe Dow Jones Industrial Average (DJI) was down triple digits to start the session, as weak manufacturing data out of China fueled fears of a global economic slowdown. However, the Dow has since pared most of its losses -- and briefly turned higher -- while the tech-rich Nasdaq Composite (IXIC) has pulled a 180 to kick off 2019 in the black. Oil price...Read More
The chip stock is also historically strong in JanuaryIt was a brutal 2018 for chip stocks, and Skyworks Solutions Inc (NASDAQ:SWKS) was no exception. The semiconductor name shed 32% last year, but there could be clearer skies ahead, if history is any indicator. For one, Skyworks stock tends to outperform during the first quarter, looking back 10 years. According to Schaeffer's Senior Quantitat...Read More
A free tool can help traders bank big during the upcoming earnings season.Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to position...Read More
...as with all moments of excess, there is a price to be paid and the hangover has escalated...Read full newsRead More
BofA-Merrill Lynch is the latest brokerage firm to call MRVL stock a "buy"BofA-Merrill Lynch placed Marvell Technology Group Ltd. (NASDAQ:MRVL) on its "high conviction" list for the first quarter, and called the semiconductor stock a "buy" -- echoing a recent bullish call from Citigroup. The upbeat analyst note has MRVL stock brushing off broad-market headwinds to trade up 0.3% at $16.23.Longer te...Read More
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.A broad zone of northeast-trending porphyry mineralization about 1km-wide and hosting numerous porphyry centres currently defined over 6km-long and...Read More
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.A broad zone of northeast-trending porphyry mineralization about 1km-wide and hosting numerous porphyry centres currently defined over 6km-long and...Read More
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.A broad zone of northeast-trending porphyry mineralization about 1km-wide and hosting numerous porphyry centres currently defined over 6km-long and...Read More
Shares in explorer SolGold (LON, TSX:SOLG) closed 2.3% higher in London and were trading up 8.3% in Toronto early morning after it announced it had discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.A broad zone of northeast-trending porphyry mineralization about 1km-wide and hosting numerous porphyry centres currently defined over 6km-long and...Read More
Shares of ABT and HOLX are in the red as a result In our Opening View newsletter today, we noted the high number of analyst notes that have come out this morning, not surprising given the turn of the calendar year. Two stocks that analysts are bearish on going forward are healthcare names Abbott Laboratories (NYSE:ABT) and Hologic, Inc. (NASDAQ:HOLX). Below is a brief look at how brokerages are po...Read More
Newly public Finland gold explorer Firefox Gold (TSXV: FFOX) recently identified five new gold targets on its Jeesio gold project in Northern Finland's central Lapland greenstone belt after compiling samples in its geochemical database.The 2,751-sample Jeesio database contains 838 new till samples from the company's recently completed bottom of till sampling program, 768 historical Geological Su...Read More
Newly public Finland gold explorer Firefox Gold (TSXV: FFOX) recently identified five new gold targets on its Jeesio gold project in Northern Finland's central Lapland greenstone belt after compiling samples in its geochemical database.The 2,751-sample Jeesio database contains 838 new till samples from the company's recently completed bottom of till sampling program, 768 historical Geological Su...Read More
SIRI stock is up after an analyst upgradeThe shares of Sirius XM Holdings Inc (NASDAQ: SIRI) are up 0.9% at $5.76, on an upgrade from J.P. Morgan Securities. The brokerage firm raised its rating to "overweight" from "underweight," and hiked its price target to $7 from $6 -- a near 23% premium from current levels -- saying SIRI's recent pullback is a buying opportunity. Despite ending 2018 with a...Read More
ATVI is fresh off its worst quarter since 2000The shares of Activision Blizzard, Inc. (NASDAQ:ATVI) are poised to start off the new year on a dour note, down 2% this morning at $45.62. Late Monday night, a securities filing revealed the video game maker had placed Chief Financial Officer (CFO) Spencer Neumann on paid leave, with plans to terminate him. According to the Wall Street Journal, Neuman...Read More
South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday.The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan over the issue.Japan denounced a South Kore...Read More
The Dow is on pace to open down more than 400 pointsFutures on the Dow Jones Industrial Average (DJI) are trading far below fair value ahead of the first trading day of 2019. Investors are reacting to weak manufacturing data out of China, which has caused a sharp pullback in equity benchmarks overseas and has put fears of a global economic slowdown in focus this morning -- adding to the list of po...Read More