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

In the same way that the automobile was a big unknown in the days of horse-drawn carriages, cryptocurrencies are unknown in today's world of cash, gold, and credit cards. But it would be a grave mistake for government regulators to overreach and delay this innovation from reaching its potential. Bitcoin BTCUSD, +5.12% prices tumbled last week after reports that South Korea would ban cryptocur...Read More

Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.Read full newsRead More

The Libyan capital's only working international airport remained closed to flights on Tuesday, the airport said, a day after fighting killed at least 20 people and damaged several planes.Read full newsRead More

The list, due in two weeks on January 29, must include "indices of corruption with respect to those individualsRead full newsRead More

U.S. stocks have been crushing it in 2018, with the major market indexes assailing new heights at a crazy clip, sending stock market inflows and Wall Street optimism skyrocketing. In fact, the Dow Jones Industrial Average (DJI) has already added more than 1,000 points in the first 10 trading sessions of the year, and is pacing for its biggest monthly percentage gain since November 2016. But can th...Read More

A supply shortage is looming.Read full newsRead More

"The virtual solvency of the US government would be likely to become the detonator of the next financial crisis... The market's reversing recognition of the value of U.S. Treasury bonds and U.S. dollar will be a powerful force in destroying the fragile debt chain of the federal government.Read full newsRead More

Source: Adrian Day for Streetwise Reports 01/15/2018Money manager Adrian Day provides updates for a handful of companies in his portfolio.A day late and a dollar (in this case, a penny) short: The day after our last recommendation, Evrim Resources Corp. (EVM:TSX.V, 0.42 x 0.44) opened above our limit and has moved up dramatically ever since, trading as high as 47 cents on Jan. 12. Another resp...Read More

Chip stocks are trading higher with the broader stock market today, boosted by a fresh round of bullish brokerage notes for Nvidia (NVDA). Among those rallying with its sector peers is Advanced Micro Devices, Inc. (NASDAQ:AMD), last seen trading up 0.7% at $12.10. However, the shares remain stuck below two key technical levels, and if history is any guide, AMD stock could underperform this year. S...Read More

The cryptocurrency selloff accelerated on Tuesday with bitcoin and the broader cryptocurrency space plunging as much as 20% as the prospect of regulatory crackdowns appeared to spread across Asia.Read full newsRead More

Oil prices are trading near three-year highs, but many analysts say the rally may have gone too far, too fast. With Brent crude settling above $70 a barrel on Monday, new risks are emerging for an industry that is still reeling from a long downturn.Read full newsRead More

U.S. stocks have been on a tear in January, with the tech-rich Nasdaq touching yet another all-time high out of the gate today. What's more, we just identified three high-flying tech stocks with options at a bargain: Cognizant Technology Solutions Corp (NASDAQ:CTSH), Seagate Technology PLC (NASDAQ:STX), and Cypress Semiconductor Corporation (NASDAQ:CY). Below, we take a look at how CTSH, STX, and...Read More

Bank earnings are back in focus this week, and financial institution Bank of America Corp (NYSE:BAC) is expected to report its fourth-quarter earnings before the market open tomorrow,Jan. 17. Below, we take a look at how BAC stock has been faring ahead of its highly anticipated report, and how options traders expect the bank shares to react.Bank of America stock has had a decent year, picking up...Read More

The Dow Jones Industrial Average (DJI) burst through the 26,000 level for the first time ever earlier to trade at fresh record highs -- and if the index closes above this mark tonight, it will be the fastest jump between 1,000-point milestones in history. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) have hit record highs, as well, thanks to a strong start to fourth-quarter earnings season a...Read More

Graphic chipmaker Nvidia Corporation (NASDAQ:NVDA) has had an impressive year, racing higher since bottoming out at $95.17 last March. In fact, the stock has managed to pick up more than 118% in the past 12 months, thanks to steady support from its 50-day moving average. The tech stock is surging higher again today, with the shares up 1.5% at $226.32 in early trading -- fresh off a new record high...Read More

The U.S. stock market is continuing its run into uncharted territory today -- with the Dow toppling 26,000 for the first time ever -- following a round of positive earnings reactions. However, it's not only earnings that are lifting stocks today, with e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) and streaming name Netflix, Inc. (NASDAQ:NFLX) popping on upbeat analyst attention. Here's a close l...Read More

Analysts at Deutsche Bank are calling for higher steel and metal prices over the next year or two, with 2018 in particular likely benefiting from strong demand. The brokerage firm also cited the Trump administration's $1 trillion infrastructure proposal and a potential drop in steel imports as two other bullish drivers. Two names that could benefit, according to Deutsche, are United States Steel C...Read More

After a robust rally, metals prices are starting to pull back.Copper, aluminum, zinc, lead and nickel retreated on Tuesday as investors focused on the rebounding dollar and evidence of ample supply in the physical market. Palladium and other precious metals also retreated, with spot silver falling as much as 3.2 percent."We've had a significant rally across base metals, and it's hard to justify a...Read More

Futures on the Dow Jones Industrial Average (DJI) are well above fair value, putting the blue-chip index within reach of the 26,000 level-- just seven trading days after it toppled 25,000. Boosting the Dow is a positive earnings reaction for UnitedHealth (UNH) -- which is helping to overshadow a pre-market slump for General Electric (GE), with the stock down 3% on news the company will take a $6.2...Read More

Shares in Rio Tinto-controlled Turquoise Hill (TSX, NYSE:TRQ) were hit Tuesday after the miner revealed its massive Oyu Tolgoi copper and gold mine in Mongolia has been handed a $155 million tax bill.The Vancouver-based company said the amount relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.Amount relates to an audit on taxes imposed and paid by the...Read More