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

Shares of Mylan N.V. (NASDAQ:MYL) are spiraling today, after Rajiv Malik -- the drugmaker's president and executive director -- was named in a civil investigation by 45 states and the District of Columbia against pharmaceutical firms in a price-fixing lawsuit. At last check, MYL stock was down 7.2% at $35.50 -- and options traders are betting on even more downside by week's end.By the numbers, rou...Read More

Tomorrow, traders will digest earnings from electric car maker Tesla Inc (NASDAQ:TSLA) after the close.Here's a closer look at TSLA stock ahead of earnings, and how options traders have been positioning themselves on the automaker's shares.Earnings History Is On TSLA's Side... Though still up 51.6% year-to-date, Tesla stock has struggled since touching a record high of $389.61 on Sept. 18, tha...Read More

The Dow Jones Industrial Average (DJIA) is set to end October with a healthy 4.3% gain, which would mark the index's best month since gaining 4.8% in February. What's more, while it will be the Dow's seventh straight monthly gain -- a feat not accomplished in over five years -- the DJIA is pacing for the smallest return during a seven-month rally ever. Below, we take a look at previous monthly win...Read More

The Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) are modestly higher this afternoon, but are sticking close to breakeven as traders weigh the latest batch of earnings reports. Nevertheless, the Dow and S&P are on pace for a seventh straight monthly gain, and their best month since February. The Nasdaq just touched another record high this morning, and i...Read More

GoPro Inc (NASDAQ:GPRO) reports earnings after the close tomorrow, as the camera maker looks to build off recent bullish analyst attention. Below, we will examine GoPro's earnings history and how options traders are positioning themselves ahead of the event.At last check, GoPro stock is up 0.7% to trade at $10.41. The equity has pulled back from its most recent high near $12, but the drop was cau...Read More

Athleisure stocks are in focus today, after Under Armour (UAA) reported a big revenue miss and slashed its full-year profit and sales forecasts. Among the names we're watching are athletic apparel retailer Dick's Sporting Goods, Inc. (NYSE:DKS) and yoga wear maker Lululemon Athletica inc. (NASDAQ:LULU) -- both of which were trading near key technical levels heading into today's trading. Here's a c...Read More

U.S. stocks are trading higher this morning, as traders digest the latest round of earnings and await word on the Federal Reserve. Among the stocks making moves this morning are athletic retailer Under Armour Inc (NYSE:UAA), digital technology company and Apple supplier (for now) QUALCOMM, Inc. (NASDAQ:QCOM), and drug concern Valeant Pharmaceuticals International Inc. (NYSE:VRX). Here's a closer...Read More

Fitbit Inc (NYSE:FIT) is still nowhere close to its 2015 record high of $51.90, with the shares last seen trading at $6.10. But in the previous two quarters, the company's earnings results have resulted in major one-day gains for the stock. By the numbers, FIT stock jumped 15% the day after earnings in August, and 12.1% after earnings in May. In fact, the equity has ended the session after earning...Read More

Healthcare stock Centene Corp (NYSE:CNC) has been charting a path higher over the last 12 months, up more than 49%. After hitting a record high of $98.72 in mid-September, the stock pulled back to its 80-day moving average. This trendline has had historic implications in the past, suggesting it could be a prime time to bet on the stock's next leg higher. The stock's longer-term surge has coincid...Read More

With third-quarter earnings season in full swing, analysts are weighing in on biotech EXACT Sciences Corporation (NASDAQ:EXAS), food and beverage company Mondelez International Inc (NASDAQ:MDLZ), and machinery stock Cognex Corporation (NASDAQ:CGNX). Here's a quick roundup of today's bullish brokerage notes on shares of EXAS, MDLZ, and CGNX following the companies' earnings reports.EXACT Scienc...Read More

Analysts are weighing in on chip stock Cypress Semiconductor Corporation (NASDAQ:CY), real estate investment firm (REIT) Omega Healthcare Investors Inc (NYSE:OHI), and big pharma name Merck & Co., Inc. (NYSE:MRK). Here's a quick roundup of today's bearish brokerage notes on CY, OHI, and MRK.Barclays Thinks CY Stock's Upside is Already Priced InCypress Semiconductor shares are down 2.6% ahead of t...Read More

Dow Jones Industrial Average (DJIA) futures are pointed higher, as the blue-chip index appears ready to shake off yesterday's sluggish session and notch a seventh straight monthly gain. Pfizer (PFE) stock is powering the Dow ahead of the bell, thanks to an earnings beat. On the other hand, ugly guidance from Under Armour (UAA) is weighing on Nike (NKE) shares pre-market. Outside of earnings, the...Read More

The iShares MSCI South Korea Capped ETF (EWY) is having a better 2017 than most of the major U.S. equity-based exchange-traded funds (ETFs), up more than 38% year-to-date as of Friday's close. In fact, EWY registered a new 10-year high to end the week, topping out at $73.64 on an intraday basis.The runaway rally in EWY may come as a surprise to those who have followed the breathless (and seemingly...Read More

The timing couldn't be better for the company, which pared back its portfolio to focus on getting its premier asset into production as zinc supply is forecast to remain tight in the medium term."We're well on the way to bringing our product to market at a time we expect the zinc market to continue to be extremely strong, so it's the perfect matching of production into a market that's crying out fo...Read More

Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More

Just because a Ponzi scheme is run by a government doesn’t mean it won’t collapse.The situation in Kentucky serves as a dire warning about larger pension systems including Social Security.What Kentucky is currently facing in like a bank run. When people hear that a bank is failing, they all scramble to get their money out before it goes bust. This snowballs and the bank runs out of cas...Read More

Despite a fresh all-time high for the Nasdaq Composite (IXIC) in early trading, it was ultimately a rocky start to the week for U.S. stocks. Traders responded to the latest developments out of Washington, D.C. -- including reports that the House is considering a plan to gradually reduce the corporate tax rate, and federal conspiracy charges forformer Trump campaign manager Paul Manafort and his...Read More

Third-quarter pharmaceutical earnings and news -- such as Merck's recent catastrophe -- are continuing to make an impression on the market, and drug company Pfizer Inc. (NYSE:PFE) is set to report results ahead of the opening bell tomorrow.Here's a closer look at PFE stock ahead of earnings, and how options traders have been positioning themselves on the Dow component.Pfizer stock has set a serie...Read More

Stocks are lower this afternoon, as political drama weighs down markets. Drugmaker Endo International plc - Ordinary Shares (NASDAQ:ENDP) is enjoying a solid session, while specialty retailer Office Depot Inc (NASDAQ:ODP) and brand management firm Iconix Brand Group Inc (NASDAQ:ICON) are sinking. Here's a quick look at what's moving shares of ENDP, ODP, and ICON.Endo International Stock Soa...Read More

Electronic Arts Inc. (NASDAQ:EA) has rallied over 48% year-to-date to trade at $116.85, and hit a record high of $122.79 on Aug. 31. The company is scheduled to report fiscal second-quarter earnings after the close on Tuesday, and the stock has been solid after earnings in recent quarters. EA has moved higher in the session after earnings in five of the past six quarters, including a 12.7% surge i...Read More