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
Lots and lots of US economic data releases are there today and till 14th December. Most traders believe that the trend of metals and the US dollar Index will be set after the release of US nonfarm payrolls tomorrow. I do not think so. Next week also there can be trend changing US economic data releases like retail sales and GDP numbers. Physical demand of silver is there in India and Asia. But q...Read More
Lots and lots of US economic data releases are there today and till 14th December. Most traders believe that the trend of metals and the US dollar Index will be set after the release of US nonfarm payrolls tomorrow. I do not think so. Next week also there can be trend changing US economic data releases like retail sales and GDP numbers. Physical demand of silver is there in India and Asia. But q...Read More
ELKO - Venture underground to see a gold mine through the eyes of Nevada leaders, browse winning photos in the Mining Landscapes photo contest and peruse industry news in theRead full newsRead More
B.C.'s top securities cop is alleging a corrupt, made-in-B.C. share distribution scheme that has left retail investors holding on to a significant amount of depreciated cannabis, . . .Read full newsRead More
B.C.'s top securities cop is alleging a corrupt, made-in-B.C. share distribution scheme that has left retail investors holding on to a significant amount of depreciated cannabis, . . .Read full newsRead More
As gold fails to find much haven support despite a volatile stock market and palladium prices hit record highs, silver prices sit close to their lowest levels in nearly three years, down 15% year to date. Silver hasn't garnered the same attention as its peers in the metals market, but it deserves a second look. "Investors might be too bogged down looking at the macro environment when assessing sil...Read More
As gold fails to find much haven support despite a volatile stock market and palladium prices hit record highs, silver prices sit close to their lowest levels in nearly three years, down 15% year to date. Silver hasn't garnered the same attention as its peers in the metals market, but it deserves a second look. "Investors might be too bogged down looking at the macro environment when assessing sil...Read More
Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More
The Nasdaq muscled into positive territory by the closeIt was another volatile day on Wall Street, with the Dow down more than 780 points at its session low as hopes for a U.S.-China trade deal took a hit after the arrest of Huawei Chief Financial Officer (CFO) Meng Wanzhou. However, the blue-chip index pared the bulk of these losses by the close -- and the Nasdaq finished in the green -- after t...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
Rosenblatt Securities cut its price target on AAPL stockU.S. stocks are in the red once again, as a high-profile arrest fuels concerns about U.S.-China trade. In fact, the detainment of Huawei Chief Financial Officer Meng Wanzhou in Canada -- on America's orders -- has sent shockwaves through the tech sector, weighing on optical components makers like NeoPhotonics Corp (NYSE:NPTN). In addition, Ch...Read More
The stock market is expected to accelerate the short-term downtrend today following Wednesday's one-day pause as investors' sentiment worsened once again. Will the S&P 500 index get back to its late October low?The U.S. stock market indexes lost 3.1-3.8% on Tuesday, retracing some of their recent advance, as investors' sentiment quickly worsened following the renewed trade war fears. The S&...Read More
(Bloomberg Opinion) - Larry Kudlow, one of President Donald Trump's top economic advisers, recently said that the administration would end subsidies for electric cars and other renewable-energy technologies. Under the existing program, buyers of electric vehicles get a federal tax credit of $2,500 to $7,500.It's unlikely that Trump can eliminate the program without an act of Congress, which seems...Read More
The shipping stock was put under pressure by Amazon fears Subscribers to our Weekly Options Countdown service recently tripled their money with the United Parcel Service, Inc. (NYSE:UPS) weekly 12/7 117-strike put. We'll take a closer look at what initially put UPS stock on our bearish radar, and how the winning options trade unfolded.When we entered the position on Monday, Dec. 3, the shippin...Read More
NORTHWEST TERRITORIES - Osisko Metals, headquartered in Montreal, has updated the inferred pit resource for the Pine Point zinc-lead deposit near Hay River. The estimate was prepared by BBA Inc.The Pine Point pit constrained, inferred resource is 38.4 million tonnes grading 4.58% zinc and 1.85% lead (6.58% zinc equivalent). Contained metals total 3.9 billion lb. of zinc and 1.6 billion lb. of le...Read More
Nevada Sunrise (TSXV:NEV) is pleased to announce that a diamond drilling program has commenced at the Coronado VMS property (Read full newsRead More
Gold futures notched a gain on Thursday, with the precious metal finding some haven demand alongside a weaker dollar index and sharp tumble in stock trading. "If gold was ever going to stage a meaningful rally it will be now: stocks and yields are falling and dollar is isn't doing too great either, apart from against commodity currencies, owing to the ongoing risk-off trade," said Fawad Razaqzada,...Read More
Gold futures notched a gain on Thursday, with the precious metal finding some haven demand alongside a weaker dollar index and sharp tumble in stock trading. "If gold was ever going to stage a meaningful rally it will be now: stocks and yields are falling and dollar is isn't doing too great either, apart from against commodity currencies, owing to the ongoing risk-off trade," said Fawad Razaqzada,...Read More
Adobe and Costco will highlight a quiet earnings weekNext week, traders will digest the latest inflation data ahead of the Dec. 19 Federal Open Market Committee (FOMC) policy statement, with the Fed expected to hike interest rates one more time in 2018. In addition, the weekly crude inventories report could merit extra attention, on the heels of this week'sOrganization of the Petroleum Exporting C...Read More
The security has pulled back to a trio of supportive trendlinesDollar General Corp. (NYSE:DG) on Tuesday cut its full-year guidance, citing hurricane costs and potential tariff ramifications. As such, DG shares dropped 6.8% that day -- their worst session since May. However, the security is flashing a trio of historical buy signals, suggesting now may be time to pick up DG on sale.The equity is ba...Read More