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 next time someone talks to you about blockchain or cryptocurrency, you should politely say to them, "There is no blockchain and there is no such thing as cryptocurrency."They'll look at you funny, as if you've been living under a rock or just don't get the latest thing in technology. Now you've got them where you want them.You then go on to explain, "There is no blockchain. There are thousands...Read More

Via Sovereignman.comAs if things weren't bad enough for beleaguered Tesla...The company lost $1.1 billion in cash in the last quarter, executives are leaving the company in droves, it's facing production issues with its Model 3 and, as I recently discussed, Elon Musk insulted analysts on the latest earnings call by dismissing their questions - regarding the company's survival - as "boring" and "b...Read More

"Whether the mask is labeled fascism, democracy, or dictatorship of the proletariat, our great adversary remains the apparatus-the bureaucracy, the police, the military. Not the one facing us across the frontier of the battle lines, which is not so much our enemy as our brothers' enemy, but the one that calls itself our protector and makes us its slaves. No matter what the circumstances, the worst...Read More

Something unexpected is happening in Oregon.In an effort to make more money from medical marijuana, they have stopped growing marijuana.Instead, they're growing its nonintoxicating cousin, hemp.Good old boring hemp, mostly known for being used to make ropes, textiles, and paper.So what gives? Why abandon producing recreational drugs to ship to trendy, bougie Portland shops in favor of a plant that...Read More

As if things weren't bad enough for beleaguered Tesla...Read full newsRead More

Someone ask Bob Pisani if the bears are back in charge of the narrative?Stocks were 'triggered' by retail sales data this morning...Read full newsRead More

It's (still) Japan.Read full newsRead More

Russia's Petropavlovsk finds itself in the middle of a coup for the second time this year due to a battle between shareholders aiming to take control of the company.Read full newsRead More

Unsettling reports out of North Korea only added to the risk-off sessionThe Dow ended its eight-day win streak in dramatic fashion today, as the blue-chip index fell more than 190 points. Weak earnings from Home Depot and a rising 10-year Treasury yield weighed on stocks most of the day, and the selling pressure only intensified after North Korea reportedly pulled out of a meeting with South Korea...Read More

Lobo Tiggre, better known by his pen name Louis James, explains why he decided to start his own business and what topics he plans to cover at his new venture.Read full newsRead More

ARWR stock hit a multi-year high on Monday before swinging lowerArrowhead Pharmaceuticals Inc (NASDAQ:ARWR) gapped to a three-year high of $10.10 yesterday, before swinging to a loss. Today, the shares have resumed their longer-term uptrend, adding 2.3% to trade at $9.64. The drug stock has added more than 163% already in 2018, and one options trader today appears to be bracing for a second-half p...Read More

Copper is known as "man's first metal", and for over 10,000 years, it's been used in applications ranging from architecture to coinage.However, it was Michael Faraday's discovery of electromagnetic induction in 1831 that turned demand on its head for the red metal. As the world used more and more electricity, copper became known as the obvious choice as an electrical conductor.Every year, humans...Read More

Copper is known as "man's first metal", and for over 10,000 years, it's been used in applications ranging from architecture to coinage.However, it was Michael Faraday's discovery of electromagnetic induction in 1831 that turned demand on its head for the red metal. As the world used more and more electricity, copper became known as the obvious choice as an electrical conductor.Every year, humans...Read More

Lanci Gold Weekly is a subscription newsletter distributed to clients Sunday evening. Institutional clients also receive trade alerts.Gold in America is proud to be exclusive in its ability to post Vince's newsletter weekly on Tuesdays starting this week.- Staff Editor. Distributed Sunday Evening.Summary:"Sell soon, buy later?"The path lower is easier. Whether to buy the dip (exhaustion) or sur...Read More

Lead's recovery from nine month lows continued on Tuesday with benchmark prices on the London Metal Exchange rising 1.5% to $2,380 a tonne ($1.08 a pound)."Lead from a raw materials side is probably the tightest commodity market out there. There has been a big clamp down on Chinese private sector mining. China is around 60 percent of primary lead supply," BMO Capital Markets analyst Colin Hamilton...Read More

CSIQ made a big move after earnings last quarterCanadian Solar Inc. (NASDAQ:CSIQ) was able to snap an ugly streak of post-earnings performances back in March, when the shares gained 7.2% after the alternative energy company reported a better-than-expected fourth-quarter profit. The stock will try to carry this momentum into the next earnings release, scheduled for before the open tomorrow, while o...Read More

Plus, an auto parts retailer climbing the Nasdaq Stocks are sliding today, with the Dow's chances of a ninth straight win appearing quite bleak. Among stocks making particular noise today, biotech Inovio Pharmaceuticals Inc (NASDAQ:INO) and Chinese automotive parts manufacturer Sorl Auto Parts, Inc. (NASDAQ:SORL) are enjoying strong upside moves, while online retailer Vipshop Holdings Ltd (NYS...Read More

(Bloomberg) - A federal judge struck down the city of Oakland, California's ban prohibiting companies from transporting coal though an export terminal that U.S. miners see as a key link to overseas markets.The ban enacted by the city in 2014 violates a development agreement, U.S. District Judge Vince Chhabria said Tuesday in a 37-page ruling.As demand for coal in the U.S. declines, miners depend...Read More

TTWO options traders have been unusually bullish in recent monthsVideo game maker Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is slated to report its fiscal fourth-quarter earnings after the market closes tomorrow, May 16. On the charts, TTWO is up roughly 20% from its recent lows near $95. Longer term, the stock has added 62% over the past year, and is within a chip-shot of its Feb. 1 recor...Read More

Home Depot's earnings took a major toll on the Dow todayStocks are trading lower at midday, with the Dow Jones Industrial Average (DJI) plummeting 219 points at its intraday low on the back of Home Depot's (HD) disappointing sales. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also significantly lower, with housing stocks among the top decliners. A surging 10-year Treasury yield also...Read More