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
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Operatives will comb through each episode of every season of 'The Oprah Winfrey Show.'Read full newsRead More
If the cybersecurity provider can address a couple of shortcomings, it could prove to be a growth investor's dream stock.Read full newsRead More
TORONTO, ONTARIO--(Marketwired - Jan. 8, 2018) - Troilus Gold Corp. (TSX VENTURE:TLG) (Read full newsRead More
The gold miners have had two solid years of returns in a row. Despite the strong gains over the last 2 years - and the spirited finish to 2017 - bearishness is still quite high in the gold stock complex. The final part of this consolidation is wrapping up (or has already) and this sector is about to enter Phase 2 of the bull market. This still oversold reading in the gold stocks, in combination wi...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Investing.com - Gold prices fell on Monday as the stronger dollar weighed after Friday’s weaker-than-expected U.S. jobs report did little to alter expectations for further Federal Reserve rate hikes this year.Comex gold futures were trading at $1,317.00 a troy ounce by 03:54 AM ET (08:54 AM GMT).Prices of the precious metal were pressured lower as the dollar moved higher against a basket of...Read More
It may be a new year, but Russia makes no secret of its long-term dissatisfaction with U.S. politics, the dollar and, by extension, U.S. monetary hegemony in the world.Russia has been under U.S./Western economic sanctions for over three years. Meanwhile, oil prices have been "lower for longer," as the saying goes, due to global competition for market share from U.S. fracking. The overall impact of...Read More
Dear Reader,My readers know I'm not a bitcoin proponent. I don't deny that it's made some people a lot of money, but I believe bitcoin is a massive bubble right now.Yet it's been reported in some circles that I've recently come out in favor of bitcoin.It's not true.Now, it is true that I've stated my belief in blockchain technology, which is the technology behind bitcoin and other cryptocurrencies...Read More
Crazy volatility hit the cannabis markets last week after Attorney General Jeff Sessions shifted the Department of Justice's stance toward on pot.Previously, the DOJ was restrained by what's known as the "Cole Memo". An internal directive to not pursue cannabis companies operating legally according to state laws.When news broke that Sessions was rolling back this measure, pot stocks took a major n...Read More
Don’t look now, but things are starting to look up for Bitcoin again!(You can be forgiven if you didn’t realize that Bitcoin was NOT looking up just a week ago.)You see, midway through December, Bitcoin lost nearly half of its value, falling from a peak near $20,000 to below $11,000 in less than a week’s time. Naturally, such a dramatic decline took a lot of the excitement out of...Read More
The market's just four trading days into 2018 and we're already witnessing some downright crazy action...The major averages have posted a perfect record so far this year. The S&P 500 is up 2.6% after 2018's opening week. The tech-heavy Nasdaq is up almost 3.4%. Meanwhile, cryptocurrencies continue to go berserk. Dogecoin, an "altcoin" that was named after an internet meme, just saw its market...Read More
Dear Reader,More men die of jealousy than die of cancer, said Joseph Kennedy.Today, a brief reflection on that ignoble but staggeringly human emotion...It is said a man is jealous of his betters.But it is only partly true.The average man harbors no jealousy for the great man.He is not jealous of the Alexanders... the Caesars... the Napoleons of this world.These are men stamped from a finer metal.....Read More
The wrong people - rebels, outsiders, nerds and techies - got on the cryptocurrency boat while their insider/rentier “betters” blew it and are now raging bitterly onshore, watching the crypto boat sail away.The psychology of money, wealth and speculative manias is endlessly fascinating. Most of what’s written on these subjects focus on the process of building wealth as if it were...Read More
I'm calling 2018 "The Year of Living Dangerously."That description might seem odd to lot of observers. Major U.S. stock indexes keep hitting new all-time highs. 2017 went down as the first calendar year in which the Dow Jones industrial average was up for all 12 months.Even in strong bull market years there are usually one or two down months as stocks take a breather on the way higher. Not last ye...Read More
Dear Reader,My regular readers are familiar with my use of the "snowflake and avalanche" metaphor.Avalanches emerge from unstable snowpacks on mountain slopes. The snowpacks resemble complex dynamic systems because each snowflake exists in a densely connected network with all of the others.When new snow comes, a single snowflake can land in such a way as to disturb some others, create a slide that...Read More
Shares of Invictus MD Strategies Corp. (TSXV:IMH) climbed on Monday after announcing a LOI to increase its ownership interest in AB LaboratoriesSmallCapPower | January 9, 2018: Invictus MD Strategies Corp. (TSXV:IMH), a platform for licensed cannabis producers in Canada, announced Monday that it has inked a Letter of Intent (LOI) to increase its ownership interest in AB Laboratories Inc., an Ontar...Read More
Auger drilling at the Bondoukou project northeast C??te d'Ivoire, West Africa. Photo courtesy Awale Resources Ltd.Shares of West Africa-focused Awale Resources Ltd. [ARIC-TSXV) began trading on the TSX Venture Exchange January 8, 2018.Built on assets that were spun out when Mariana Resources was acquired by Sandstorm Gold Ltd. [SSL-TSX, SAND-NYSE] in July 2017, Awale is actively exploring for gold...Read More
The 440 portal at the Snip Mine in the Golden Triangle of northwest British Columbia. Source: Skeena Resources Ltd.Skeena Resources Ltd. [SKE-TSXV] has released more impressive results from underground drilling at the company's flagship Snip gold project located in northwest British Columbia's fabled Golden Triangle. The 2017 underground drill program wrapped up on December 16, with a total of 8,6...Read More
Drilling on NuLegacy Gold's Iceberg prospect on its 100%-owned Redhill property in Eureka County on the Cortez Trend in Nevada. Source: NuLegacy Gold Corp.NuLegacy Gold Corp. [NUG-TSXV; NULGF-OTCQX] released some encouraging results Tuesday January 9 from a Nevada exploration property that has been tipped as a possible gold mine of the future.Exploration on NuLegacy's wholly-owned Redhill property...Read More