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

10 Reasons to Invest in Gold: Gold's qualities make it one of the most coveted metals in the world and a popular gift in the form of jewelry. What about the yellow metal in an investment portfolio? At U.S. Global Investors we carefully monitor the price of gold and what drives its price action. These are our 10 reasons why we believe bullion should be part of a balanced portfolio.Number 1: Gold h...Read More

President Trump threw a wrench into today's market rallyWhat initially looked like a strong session for stocks quickly went south, with the Dow sliding to a triple-digit loss. Investors early in the day cheered news that China would cut tariffs on automobiles, but this momentum evaporated after President Donald Trump said he wasn't happy with trade negotiations with the Asian nation. The president...Read More

First of four excerpts from "American Default," on one of the strangest and most enduring chapters of the Roosevelt era.Read full newsRead More

First of four excerpts from "American Default," on one of the strangest and most enduring chapters of the Roosevelt era.Read full newsRead More

LOW put options are trading at four times the average afternoon paceHome improvement retailer Lowe's Companies, Inc. (NASDAQ:LOW) is slated to report first-quarter earnings before the open tomorrow, May 23. Today, however, the firm is making headlines after announcing J C Penney CEO Marvin Ellison is leaving the department store to be president and CEO of Lowe's. After initially soaring on the ne...Read More

Reports of the U.S. lifting its ban on ZTE have Lumentum stock higherThe stock market is lower this afternoon, as traders digest the latest trade developments between the U.S. and China. Department store concern J C Penney Company Inc (NYSE:JCP) and auto parts supplier AutoZone, Inc. (NYSE:AZO) are struggling, while photonic products producer Lumentum Holdings Inc (NASDAQ:LITE) is higher. He...Read More

May 22 (Reuters) - Canada's Cobalt 27 Capital Corp said on Tuesday it has agreed to the world's first cobalt-nickel streaming finance deal on a producing mine with an Australian miner as the industry looks to bolster supplies of the key battery metal.Streaming is a type of alternative finance that allows an investor to make an upfront payment in exchange for future production at a discounted price...Read More

Nickel was last traded at $14,735 per tonne, up 20.2% on a year-to-date basis emerging as the strongest performing base metal so far this year. FocusEconomics Consensus Forecast panelists predict nickel prices to ease off over the short term after a buildup of tension surrounding US sanctions against Russian aluminum giant Rusal led to a surge in prices. It reached an over three-year high in April...Read More

CHK stock has added almost 61% already in MayChesapeake Energy Corporation (NYSE:CHK) shares are headed toward their best monthly performance since April 2016, up 60.8% so far thanks to booming oil prices. This monstrous rally has sparked a rush of activity in CHK's options pits. And while most of the action is on the call side, it may not all be at the hands of bullish options traders.Looking bac...Read More

USA: Rohstoff-Engpass in den Fabriken spitzt sich zu #rohstoffeRead full newsRead More

Gold futures ended with a gain on Tuesday as the dollar pulled back from multimonth highs, but the precious metal still hovered near the lowest levels of the year. June gold GCM8, +0.35% climbed $1.10, or about 0.1%, to settle at $1,292 an ounce. That's more than $10 up from the $1,281.20 it grazed at one point Monday, the lowest intraday level since December. July silver SIN8, +0.34% meanwhile, t...Read More

May 21 (Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business.The deal, first reported by Reuters on Sunday, is the biggest to be inked thus far by GE Chief Executive John Flannery since he announced a major overhaul...Read More

However, the RUT rally could cool off in June, if history repeatsSmall-cap stocks have been on fire recently, with the Russell 2000 Index (RUT) notching a fifth straight all-time high today, peaking at 1,639.88 earlier. Amid its recent surge, the RUT broke north of a trendline that had marked lower highs in 2018, and took out its January all-time closing high at 1,610, which coincides with a round...Read More

Front-month options are cheap on Netflix right nowNetflix, Inc. (NASDAQ:NFLX) has been a powerhouse on and off the charts, with the shares trading near their mid-April record high following yesterday's confirmation the streaming giant has inked a production deal with former President and First Lady Barack and Michelle Obama. What's more, the FAANG stock is sounding a rare signal that has had bulli...Read More

Following the global financial crisis of 2007-2009, diamonds were one of the fastest commodities to recover, up almost 150% from the low in early-2009 through mid-2011.1 The crisis resulted in curtailed diamond production just as incremental demand for diamonds was escalating, primarily a result of the Chinese market adopting the tradition of giving diamond engagement rings in the midst of the f...Read More

The S&P and Nasdaq are higher, however, amid cooling trade tensionsDespitethis morning's announcement that China will lower automobile import tariffs, the Dow Jones Industrial Average (DJI) has shed early gains, giving up its foothold atop the 25,000 level. However, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are modestly higher, as trade tensions continue to cool. Continue reading f...Read More

Last week I had the pleasure to attend Consensus 2018 in New York, the premiere gathering for the who's who in blockchain, bitcoin and cryptocurrencies. Attendance doubled from last year to an estimated 8,500 people, all of them packed in a Hilton built for only 3,000. Ticket sales alone pulled in a whopping $17 million, while event booths-the largest of which belonged to Microsoft and IBM-generat...Read More

Last week I had the pleasure to attend Consensus 2018 in New York, the premiere gathering for the who's who in blockchain, bitcoin and cryptocurrencies. Attendance doubled from last year to an estimated 8,500 people, all of them packed in a Hilton built for only 3,000. Ticket sales alone pulled in a whopping $17 million, while event booths-the largest of which belonged to Microsoft and IBM-generat...Read More

(Bloomberg Opinion) - The global iron ore market is quivering in the shadow of a mountain of rust building up in China. Investors should put that in a bit of perspective.Since the end of 2015, the inventory of iron ore at Chinese ports and tracked by consultancy Shanghai Steelhome Information Technology Co. has roughly doubled, from 80 million metric tons to about 160 million tons. Even compar...Read More

The casino stock just took out a level with historically bullish implicationsShares of casino concern Boyd Gaming Corporation (NYSE:BYD) recently broke above a trendline connecting their highs from February to April, and last Friday moved back above their pre-earnings and earnings-day closes. When BYD has retaken these levels in the past, the stock has rallied. What's more, the Supreme Court's rec...Read More