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

After wrapping up its longest quarterly win streak in two decades, the Dow Jones Industrial Average (DJIA) kicked off the fourth quarter with a bang, rallying triple digits to assail record heights. Not to be outdone, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) also roared to all-time peaks, as stock traders applauded encouraging economic data. Outside of Wall Street, however, investors tu...Read More

Shares of Teva Pharmaceutical Industries Ltd (NYSE:TEVA) are popping today, after the Food and Drug Administration (FDA) introduced a plan to make it easier to market complex generic drugs. At last check, TEVA stock was up 5.1% to trade at $18.49. Options traders are targeting even more upside in the near term, with roughly 48,000 calls traded -- two times what's typically seen at this point in th...Read More

Small-cap stocks have been on a quest for record highs, as evidenced by the recent price action of the Russell 2000 Index (RUT). However, while we recently analyzed the best small-cap stocks to buy in October and the fourth quarter, today we decided to look at some of the small-cap stocks that could dip heading into 2018, if history is any indicator. Below are the 25 worst small-cap stocks to own...Read More

U.S. stocks are trading higher this afternoon, with manufacturing and construction data sending indexes to fresh record highs. Cable provider Altice USA Inc (NYSE:ATUS) and tech stock CyberOptics Corporation (NASDAQ:CYBE), are trending in opposite directions, while automaker General Motors Company (NYSE:GM) is trading at all-time highs. Here's a quick look at what is moving shares of ATUS, C...Read More

Options trading has been extraordinarily heavy on steel stock U.S. Steel Corporation (NYSE:X) and rail industrial company Trinity Industries Inc (NYSE:TRN) in recent weeks. Here's a closer look at how options traders have been placing their bets on X and TRN stocks.The 20 stocks listed in the table below have attracted the highest total mid-cap options volume during the past 10 trading days. Data...Read More

Gun stocks are soaring today, after last night's fatal shooting in Las Vegas -- which is being called the deadliest mass shooting in U.S. history. The attack has increased expectations that gun sales will skyrocket ahead of a possible revived gun control debate in Washington. Among the names participating in the sector-wide surge are American Outdoor Brands Corp (NASDAQ:AOBC) and Sturm Ruger & Com...Read More

As Wall Street continues to monitor the fallout surrounding the deadly shooting in Las Vegas, stocks are starting the fourth quarter off bullishly. The Dow Jones Industrial Average (DJIA), Nasdaq Composite (IXIC), and S&P 500 Index (SPX) have each touched an all-time high today, carrying over their momentum from the third quarter. As such, the SPX is extending its lead above the crucial 2,500...Read More

Morgan Stanley has revised its outlook on a number of stocks today, including a huge price-target hike for Sarepta Therapeutics. Analysts there also raised their outlook on video game stock Activision Blizzard, Inc. (NASDAQ:ATVI) and review site Yelp Inc (NYSE:YELP). We'll take a closer look at the analyst attention below and how shares of ATVI and YELP are reacting. Morgan Stanley Bullish on...Read More

U.S. stocks are seeing a higher start to the fourth quarter this morning, despite news of the Las Vegas mass shooting.Among the stocks making moves this morning are casino company MGM Resorts International (NYSE:MGM), immunotherapy concern Dynavax Technologies Corporation (NASDAQ:DVAX), and tech stock Synchronoss Technologies, Inc. (NASDAQ:SNCR). Here's a closer look at what's moving shares of M...Read More

Analysts are weighing in on biopharmaceutical company Sarepta Therapeutics Inc (NASDAQ:SRPT), automotive pricing site TrueCar Inc (NASADQ:TRUE), and computer graphics company Nvidia Corporation (NASDAQ:NVDA). Here's a quick roundup of today's bullish brokerage notes on shares of SRPT, TRUE, and NVDA.Morgan Stanley Sees Strong Drug Sales For Sarepta TherapeuticsSarepta Therapeutics stock is up...Read More

Analysts are weighing in on athletic apparel retail stock The Finish Line, Inc. (NASDAQ:FINL), gene therapies specialist bluebird bio Inc (NASDAQ:BLUE), and Chinese e-commerce name Alibaba Group Holding Ltd (NYSE:BABA). Here's a quick roundup of today's bearish brokerage notes on shares of FINL, BLUE, and BABA.Susquehanna Downgrades Finish Line StockShares of Finish Line are down 5.4% to trade at...Read More

Dow Jones Industrial Average (DJIA) futures are signaling a positive start to the fourth quarter, though pre-market gains are modest following a mass shooting in Las Vegas overnight -- and with at least 50 people dead and more than 400 injured, it's the deadliest gun attack in U.S. history. And while several Las Vegas-related casino stocks are sinking ahead of the bell, futures on the S&P 500 Inde...Read More

"We enter this week's trading with multiple benchmarks trading at psychological round-number levels that have historically marked hesitation points or profit-taking levels...perhaps the benchmark on most radars is the S&P 500 Index (SPX - 2,502.22), which took out the round 2,500 century mark to begin last week's trading, but eventually retreated back below it Friday morning, closing the week just...Read More

With three full quarters of 2017 now in the books, General Electric (NYSE:GE) has cemented its standing as the worst-performing Dow component (by several orders of magnitude). At Friday's close, GE was sitting on a year-to-date decline of 23.5%, even as the broader Dow Jones Industrial Average (DJIA) has gained upwards of 13% since the calendar turned to 2017. (GE's closest competition for biggest...Read More

Puerto Rican authorities are blaming the White House for not properly responding to the disaster caused by Hurricane Maria. Trump, in turn, tweeted that about the poor leadership within Puerto Rico and claimed the politicians were just trying to score political points.There have been unverified reports that officials in Puerto Rico were, in fact, holding back supplies unless there were accompanyi...Read More

Puerto Rican authorities are blaming the White House for not properly responding to the disaster caused by Hurricane Maria. Trump, in turn, tweeted that about the poor leadership within Puerto Rico and claimed the politicians were just trying to score political points.There have been unverified reports that officials in Puerto Rico were, in fact, holding back supplies unless there were accompanyi...Read More

If you don’t feel free, chances are you don’t feel happy either.Both of these words, free and happy, are pretty loose in their official definitions. Scientific studies have used various metrics to measure happiness; self-reporting, brain waves, psychological evaluations, and family member surveys. As for freedom, the studies mainly use the self-reported metric, how free a person feels....Read More

If you don’t feel free, chances are you don’t feel happy either.Both of these words, free and happy, are pretty loose in their official definitions. Scientific studies have used various metrics to measure happiness; self-reporting, brain waves, psychological evaluations, and family member surveys. As for freedom, the studies mainly use the self-reported metric, how free a person feels....Read More

The last day of the third quarter was positive for stocks, though the Dow Jones Industrial Average (DJIA) spent most of the day trading modestly lower. The S&P 500 Index (SPX), on the other hand, roared to fresh record highs, as did the Nasdaq Composite (COMP), thanks to a major rebound in large-cap tech stocks. Traders continued to consider the Trump administration's tax plan, while also diges...Read More

Costco Wholesale Corporation (NASDAQ:COST) is scheduled to report fiscal fourth-quarter earnings and September sales data after the U.S. stock market closes next Thursday, Oct. 5. Over the past eight quarters, the shares have averaged a single-session post-earnings move of 2.8%, with the options market pricing in a slightly bigger swing of 3.5% this time around. The majority of the time, COST stoc...Read More