Pre-opening Comments for Thursday February 13thU.S. equity index futures were lower this morning. S&P 500 futures were up 7 points at 8:35 AM EST.S&P 500 futures added 11 points following release of the January Producer Price Index at 8:30 AM EST. Consensus was a 0.3% gain versus a 0.2% gain in December. Actual was a 0.4% gain. Excluding food and energy, consensus was a 0.3% gain versus no...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 64 points at 8:35 AM EST.S&P 500 futures dropped 64 points following release of the January U.S. Consumer Price Index at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.4% gain in December. Actual was a 0.5% increase. On a year-over-year basis, consensus was a 2.9% increase versus a 2.9% increase in December...Read More
In 2008, the U.S. government entered into a strange relationship with one of America's largest companies.It was about to go bankrupt.And... the government swooped in to save it. All at the taxpayer's expense.Fast forward to October 1, 2024…This same company?It is now America's LARGEST company based on the assets it holds on its balance sheet.It manages a $4 trillion portfolio.The company its...Read More
It's starting to look like a Golden Age for gold. How high will the price go, and will precious metal stocks see any benefit from the bonanza?It's been starting to look like a Golden Age for gold, Shad Marquitz of Excelsior Prosperity wrote on February 10."The first blast above US$2,900 in history, the highest intraday level, the highest daily close, and the highest weekly close. That's strong," M...Read More
Dakota Gold Corp.'s (DC:NYSE American) "significant resource increase" for its Richmond Hill project in the historic Homestake District of South Dakota has led BMO Capital Markets to raise its price target for the stock. Find out by how much.Dakota Gold Corp.'s (DC:NYSE American) "significant resource increase" for its Richmond Hill project in the historic Homestake District of South Dakota has le...Read More
Newsletter writer Stewart Thomson addresses the question of whether some GDXJ and SGDJ component stock profits should be booked, and he looks at some CDNX, CSE, and OTCQB stocks that could be bought with the proceeds.Here's a look at a key short-term chart for gold: Gamblers playing GDXJ and SGDJ component stocks can buy those stocks at $2885 and $2835 for gold. Investors should focus on gold $280...Read More
For details on how your data is used and stored, see our Privacy Notice. Demand for mined commodities exceeded pre-pandemic levels in 2021. Despite macro-economic headwinds over the next few years, growth seems assured and could be supercharged by a faster decarbonisation pathway. Supply constraints and disruptions continue and are likely to be exacerbated by economic sanctions on Russia...Read More
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Early 2022 has brought the most traumatic events in Kazakhstan’s 30 years of modern independence. Widespread protests and civil unrest led to unprecedented scenes of violence on the country’s streets. Especially in Almaty, the largest city. More than 225 lives have been lost.What began as peaceful demonstrations against a sharp increase in the price of LPG fuel in resource-ri...Read More
For details on how your data is used and stored, see our Privacy Notice. The road to zero carbon will see an extraordinary build out of low carbon electric vehicles (EVs) and renewable power generating capacity. And as the world reduces its dependence on hydrocarbons, metals will be a linchpin of a zero carbon economy. Copper – in the form of wire, cable and foil – will bind...Read More
This webinar is open to Wood Mackenzie clients with the following subscription ONLY:Asia Pacific Power ServiceAsia Pacific Renewables ServicePlease register with your business email if your company has access the subscription above. Successful registration is based on email domain detection. Feel free to contact angel.hang@woodmac.com or luis.catalan@woodmac.com if you have any questions or e...Read More
We stand at a pivotal moment for the metals that will be essential to the energy transition. Metals-intensive low-carbon electrification remains a significant demand driver for transition metals, but geopolitical tensions and a challenging fiscal environment mean net-zero policies are being rolled back.For copper, EV and grid-related growth will boost long-term demand, but short-term supply-demand...Read More
The copper market is on the brink of transformation, driven by increasing demand for copper-intensive technologies and the urgent need for sustainable practices across the metals and mining industry.Our interactive copper infographic offers a comprehensive overview of the future of the copper market, detailing the key trends and projections that will shape the industry through 2034.Fill out the fo...Read More
Both nickel and copper possess properties that give them a central role in the drive for a greener future. While demand from existing use cases will continue to grow steadily, electric vehicle (EV) and energy storage applications will underpin a huge increase in long-term demand.At the recent Future Facing Mined Commodities Forum, we looked at the importance of these two metals for the energy tran...Read More
For details on how your data is used and stored, see our Privacy Notice. It’s a little over a year since the US Inflation Reduction Act was passed into law. Solar was one of the main beneficiaries, thanks to an extension and expansion of the tax credits available to the industry. So why has the sector fallen out of favour with investors recently?August was a difficult month for the...Read More
BHP has made an all-share offer for Anglo American which valued the company at US$40.7 billion, conditional upon separate demergers by Anglo American by distribution of its entire shareholdings in Kumba and Anglo-American Platinum Limited to Anglo American shareholders. Anglo American’s board has unanimously rejected the proposal from BHP on the basis of valuation and uncertainty associated...Read More
It's game on for the trade wars.After months of threatening tariffs on U.S. trading partners during his 2024 presidential campaign, Trump has now taken definitive action on that front. Let's review.The BeginningOn Saturday, February 1, Trump announced that the U.S. was imposing 25% tariffs on all goods imported to the U.S. from Mexico and Canada (with the exception of Canadian energy, which was ta...Read More
I'm not an oilman, but I write about resources often enough.For a paper finance major, geology was a major blind spot. I haven't taken an earth science class since junior high school or a chemistry class since my sophomore year in college. And yet, so much of the world's business depends on resources.Luckily, my current crop of students is far more conservative than most of its predecessors. I use...Read More
Gold #mining #goldprice #stockmarket #nyse #investing Discover why Barrick Gold (NYSE: GOLD) just shocked the market with a ...Read More
Gold #Mining #japan #stockmarket #investing #financialeducation In this interview with John Proust, Chairman and CEO of Japan ...Read More