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

TheDow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) all opened higher out of the gate this morning, but the stock market gains quickly evaporated as the session progressed. Along with the Dow, the Nasdaq touched another record high in early action -- but the tech-rich index eventually halted its nine-day winning streak. Along with general caution ahead of earni...Read More

U.S. stocks are mixed to start the week, as the Dow and Nasdaq Composite set fresh intraday highs albeit with muted overall gains. Healthcare stocks Express Scripts Holding Company (NASDAQ:ESRX), K2M Group Holdings Inc (NASDAQ:KTWO), and Davita Inc (NYSE:DVA) are all sinking after receiving bearish analyst attention. Here's a quick look at what is moving shares of ESRX, KTWO, and DVA.ESRX Stock...Read More

Shares of major packaged food stocks are getting pummeled today, with Kellogg (K) earlier hitting a three-year low. Sector peers Kraft Heinz Co (NASDAQ:KHC) and General Mills, Inc. (NYSE:GIS) are also trading lower, and dangerously close to tagging fresh lows, too. As such, options volume is accelerated on both KHC and GIS. Options Bears Continue to Target Kraft Heinz StockFor KHC, put open intere...Read More

The Nasdaq Composite (IXIC) earlier notched another record high, peaking not even a point below the round 6,600 level, but has since pulled back to dance around breakeven. Should the tech-rich index eke out a win, it would be a 10th straight -- matching the Nasdaq's Julywinning streak, and marking a feat accomplished just two other times since the 2009 stock market bottom. As such, we decided to t...Read More

Wal-Mart Stores Inc (NYSE:WMT) shares are up 2.7% at $81.13, at the top of the Dow, after the retailer unveiled its Mobile Express Returns app, which will allow customers to quickly return items bought online in Walmart stores -- the latest in a string of swipes at rival Amazon (AMZN). Plus, Barron's waxed optimistic on Wal-Mart over the weekend, saying the stock could rise "another 15% or more ov...Read More

Options trading has been extraordinarily heavy on banks stocks JPMorgan Chase & Co. (NYSE:JPM) andWells Fargo & Co (NYSE:WFC), as both companies step up to the earnings plate this week. Here's a closer look at how options traders have been placing their bets on JPM and WFC stocks.The 20 stocks listed in the table below have attracted the highest total weekly options volume during the past 10 trad...Read More

The iShares MSCI Spain Capped ETF (EWP) sold off earlier this month, after Catalonia voted to secede from Spain in an Oct. 1 referendum. While the exchange-traded fund (ETF) has since stabilized, the iShares MSCI Turkey ETF (TUR) is tumbling today on news the U.S. and Turkey have suspended visa operations for each other's citizens amid rising diplomatic tensions between the two nations. With both...Read More

The Dow Jones Industrial Average (DJIA) and Nasdaq Composite (IXIC) both hit record highs this morning, but gains have so far been limited. The S&P 500 Index (SPX), in fact, has spent most of the day below breakeven, as traders take a wait-and-see approach ahead of third-quarter earnings season. Among individual equities, Dow stock General Electric (GE) is sharply lower today, continuing its desce...Read More

Analysts are weighing in on TV streaming service Netflix, Inc. (NASDAQ:NFLX), as well as bank stocks Citigroup Inc (NYSE:C) and Bank of America Corp (NYSE:BAC). Here's a quick roundup of today's bullish brokerage notes on shares of NFLX, C, and BAC.Netflix Hits Record High on Analysts' High ExpectationsLast seen up 0.1% to trade at $198.21, Netflix stock earlier hit a record high of $199.40, after...Read More

Analysts are weighing in on healthcare firm Medtronic Plc (NYSE: MDT), video game stock Take-Two Interactive Software Inc (NASDAQ:TTWO), and biotech PTC Therapeutics, Inc. (NASDAQ:PTCT). Here's a quick roundup of today's bearish brokerage notes on shares of MDT, TTWO, and PTCT.Wells Fargo Downgrades MDT Stock Medtronic stock is down 2.9% to trade at $77.49, after Wells Fargo downgraded the hea...Read More

U.S. stocks are trading mixed this morning, with the Dow wavering in its early attempts to bounce back from Friday's loss. Among the stocks making moves this morning are pharmaceutical concern Flexion Therapeutics Inc (NASDAQ:FLXN), electric automobile company Tesla Inc (NASDAQ:TSLA), and surgical equipment specialist Mazor Robotics Ltd (NASDAQ:MZOR). Here's a closer look at what's moving shares...Read More

Dow Jones Industrial Average (DJIA) futuresare signaling a higher start -- with the blue-chip index set to resume its climb to record highs after Friday's rare loss. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also trading in positive territory, while the Nasdaq Composite (IXIC) could extend its daily win streak to 10. With today's earnings and economic calendars bare and the...Read More

"[L]ast week's SPY breakout above $250 -- which is equivalent to SPX 2,500, and coincides with SPY's Sept. 20 'Fed day' close at $250.06 -- paves the way for a continuation of a pattern we have seen for most of this year. That is, Federal Open Market Committee (FOMC) meetings where members vote to stand pat on interest rates have typically been followed by bullish price action."One source of fuel...Read More

Trump is the counter-punch to political correctness.He is the answer to what the left has long tried to shove down American throats. That is, belligerent tolerance, single-minded diversity, and the PC policing of our thoughts.People were energized to get out and show publicly that they reject that mind and social control.Trump captured that reflexive energy. That energy could have swelled the ran...Read More

Trump is the counter-punch to political correctness.He is the answer to what the left has long tried to shove down American throats. That is, belligerent tolerance, single-minded diversity, and the PC policing of our thoughts.People were energized to get out and show publicly that they reject that mind and social control.Trump captured that reflexive energy. That energy could have swelled the ran...Read More

Corruption and racketeering invoke images of the mafia, drugs, violence, and connected judges or politicians. But sometimes organized crime covers more mundane businesses than nightclubs and casinos.There is a racket in Nevada that is robbing the elderly not only of their property but of their rights.People are being deemed unfit to look after themselves for superficial or trumped up reasons. Then...Read More

Corruption and racketeering invoke images of the mafia, drugs, violence, and connected judges or politicians. But sometimes organized crime covers more mundane businesses than nightclubs and casinos.There is a racket in Nevada that is robbing the elderly not only of their property but of their rights.People are being deemed unfit to look after themselves for superficial or trumped up reasons. Then...Read More

TheDow Jones Industrial Average (DJIA) and S&P 500 Index (SPX) snapped their historic winning streaks today, as Wall Street digested this morning's disappointing payrolls report. In addition, traders kept an eye on Tropical Storm Nate, as well as reports that North Korea is preparing to test a long-range missile. However, the Nasdaq Composite (IXIC) notched another record high in intraday trading,...Read More

It was another record-setting week on Wall Street, with the Dow bringing its winning streak to seven sessions, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIX) strung together eight straight wins. Plus, the SPX extended its streak of record closes to six -- the longest in 20 years. While this signal could suggest intermediate-term outperformance for stocks, it's also preceded notorious st...Read More

Video game stock Activision Blizzard, Inc. (NASDAQ:ATVI) has garnered plenty of analyst attention this week. On Monday, Morgan Stanley said it expects the company's game sales to spark strong earnings growth over the next year. The following day, Barclays initiated coverage on ATVI stock with an "equal weight" rating and a price target of $65. This upbeat analyst attention comes amid the enter...Read More