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

Retail stocks have been in focus, with Kohl's (KSS) trading lower today following a disappointing earnings report. While Best Buy Co Inc (NYSE:BBY) won't step into the earnings confessional for another week, the electronics retailer recently ran into a trendline that has had bullish implications in the past. If history repeats itself, shares of BBY could break outin the coming weeks, just in tim...Read More

Alibaba Group Holding Ltd (NYSE:BABA) will host its annual Singles Day this Saturday, Nov. 11 -- the world's largest shopping day of the year. The event grossed a record $17.8 billion in sales last year, easily surpassing Amazon's Prime Day. While the shares are down 1.5% today to trade at $183.10, it looks like options traders are betting a Singles Day boost will send BABA stock barreling to new...Read More

U.S. stocks are trading lower this morning, pressured by the prospect of a delay in Republican tax reform. Among the stocks making moves today are discount retailer Kohl's Corporation (NYSE:KSS), biopharmaceutical company SAGE Therapeutics Inc (NASDAQ:SAGE), and drug concern Otonomy Inc (NASDAQ:OTIC). Here's a closer look at what's moving shares of KSS, SAGE, and OTIC.Kohl's Falls on Earnings Mi...Read More

Caterpillar Inc. (NYSE:CAT) has been running up the charts over the past 10 months -- up 47% year-to-date, and one of the best Dow stocks so far in 2017. However, this upside momentum could soon stall out, if history is any guide. And with short-term options attractively priced at the moment, it may be a good time to buy puts on -- or short -- CAT stock.Taking a closer look at Caterpillar's techni...Read More

Analysts are weighing in on telecom CenturyLink Inc (NYSE:CTL), pharmaceutical stock Opko Health Inc. (NASDAQ:OPK), and social media issue Snap Inc (NYSE:SNAP). Here's a quick roundup of today's bearish brokerage notes on CTL, OPK, and SNAP.CenturyLink Stock Sinks to New Low on Earnings Miss, Cut ForecastCenturyLink stock is down 7.8% to trade at $14.99, and hit a seven-year low of $14.75 earlier...Read More

Analysts are weighing in on payments processor Square Inc (NYSE:SQ), biopharmaceutical company Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY), and TV streaming platform provider Roku Inc (NASDAQ:ROKU). Here's a quick roundup of today's bullish brokerage notes on shares of SQ, ALNY, and ROKU. Analysts Hike Price Targets on Square Stock After EarningsSquare last night posted better-than-expected thi...Read More

Dow Jones Industrial Average (DJIA) futures are down nearly triple digits this morning, pulling back after the index notched its seventh straight win yesterday. S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also lower, despite all three indexes closing at record highs yesterday. Investors are starting to express concern over possible delays to Republican tax reform, though Senate GO...Read More

Via Sovereignman.comEvery quarter the United States government publishes a list of individuals who have chosen to renounce their US citizenship.The latest list came out yesterday, and 1,376 people are on it.That might sound like a small number, but the total for 2017 is projected to be more than 20% higher than 2016... and 2016 was 26% higher than the total number from 2015.In fact the number of A...Read More

Via Sovereignman.comEvery quarter the United States government publishes a list of individuals who have chosen to renounce their US citizenship.The latest list came out yesterday, and 1,376 people are on it.That might sound like a small number, but the total for 2017 is projected to be more than 20% higher than 2016... and 2016 was 26% higher than the total number from 2015.In fact the number of A...Read More

After trading in a narrow range on both sides of breakeven, the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all managed to close higher, marking the Dow's seventh straight win. Traders ultimately shrugged offdisappointing earnings from Snap (SNAP) and extended weakness in bank stocks, caused by doubt surrounding the Republican tax plan following yesterday'...Read More

Semiconductor stocks have been in focus, thanks to Broadcom's (AVGO) unsolicited buyout bid for Qualcomm (QCOM). The reports have brought QCOM's potential purchase of NXP Semiconductors NV (NASDAQ:NXPI) back into the spotlight. And while NXPI pulled back earlier this month, it ran straight into a trendline that has had bullish implications in the past. If history repeats itself, shares of NXPI cou...Read More

Stocks are battling breakeven this afternoon, with the Dow clawing higher and attempting to extend its winning streak. Among the stocks making big movesareinsurance concern MBIA Inc. (NYSE:MBI), exercise company Planet Fitness Inc. (NYSE:PLNT), and retail giant Sears Holdings Corp (NASDAQ:SHLD). Here's a quick look at what's moving shares of MBI, PLNT, and SHLD.MBI Stock Nears Top of NYSE After Ea...Read More

It's been a year since Donald Trump was elected president, and few sectors have benefited more than defense stocks. One name that certainly hasn't been left behind is thermal imaging expert FLIR Systems, Inc. (NASDAQ:FLIR). The stock sports a year-over-year lead of 45%, and hit a record high of $48.06 in late October following a third-quarter earnings beat. The shares have been consolidating just...Read More

Semiconductor stocks have been on fire in 2017, with NVIDIA Corporation (NASDAQ:NVDA) helping to lead the charge. While NVDA stock is down 2% at $207.88 today ahead of the chipmaker's turn in the earnings confessional tomorrow night, it still remains up nearly 192% year-over-year -- and hit a record high of $212.90 just yesterday. Nevertheless, the outperforming equity could be ready to slow its r...Read More

Video game stocks Take-Two Interactive (TTWO) and Electronic Arts Inc. (NASDAQ:EA) are making headlines this week as traders react to the companies' holiday forecasts. Not to mention, peer Activision Blizzard (ATVI) is rallying today on news of strong sales of its new Call of Duty game. While a strong holiday season outlook sent TTWO shares to record highs, EA stock has pulled back in respo...Read More

Of the exchange-traded funds (ETFs) that we track, the iShares U.S. Home Construction ETF (ITB) currently sports one of the biggest year-over-year returns, up more than 53%. And that's even after housing stocks last week got slammed in the wake of House Republicans' tax plan. However, one homebuilder stock could take a breather soon, if history is any guide: D. R. Horton Inc (NYSE:DHI), which rep...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) remain stuck just below breakeven today, as stocks extend the choppy trading action seen all week. Holding back the indexes is weakness from bank stocks, which is being attributed to Republicans' poor showing in local elections last night, and doubts about the GOP tax plan. The Senate is expected to unveil it...Read More

Optical equipment specialist Lumentum Holdings Inc (NASDAQ:LITE) recently pulled back to a key trendline that has had bullish implications in the past. If history repeats itself, shares of LITE could close in on fresh record highs over the next several weeks. Below, we will take a look at this reliable buy signal, and examine how options traders are playing the outperforming equity.According to...Read More

U.S. stocks are trading slightly lower this morning, with investors tempering some of their tax-reform optimism following big gains for Democrats in Tuesday's elections. Among the stocks making moves are online borrowing service LendingClub Corp (NYSE:LC), drug concern Regeneron Pharmaceuticals Inc (NASDAQ:REGN), and online dating specialist Match Group Inc (NASDAQ:MTCH). Here's a closer look at...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) on Monday made simultaneous all-time closing highs for the 26th time in 2017 -- a new record. The previous record occurred in 1995, in which the three major stock market indexes made 25 closing highs in tandem. Below, we take a look at how the Dow, S&P, and Nasdaq tend to perform after moving to multiple reco...Read More