On this edition of Weekly with Andrew McCreath, he takes a lookahead to some big market trends, including a busy week of earnings here in Canada headlined by the gold companies and the lifecos.Read full newsRead More

As the deadline looms to come up with a plan to save the U.S. from another partial government shutdown, the White House signaled that the possibility of a closure was still "on the table" while a stall in negotiations was reported over the weekend. Mick Mulvaney, acting White House chief of staff, said on Fox News Sunday that a "government shutdown is technically still on the table -- we do not...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 8 that are worth another look.The United States' Section 232 tariffs are costing ArcelorMittal SA's Canadian operations some $100 million per quarter, company executives said during an earnings call on Friday February 8. Aluminium producer UC Rusal's profits from aluminium sales in the fourth quarter of 2018 were&nb...Read More

Steel billet prices in most of the world's major markets maintained their upward momentum during the week ended Friday February 8, with ferrous scrap becoming increasingly costlier.Fastmarkets' daily index for Northern Europe-origin heavy melting scrap 1&2 (80:20) was $319.28 per tonne cfr Turkey on February 7, up $21.89 per tonne from $297.39 per tonne cfr on February 1.No updates were heard from...Read More

Steel billet prices in most of the world's major markets maintained their upward momentum during the week ended Friday February 8, with ferrous scrap becoming increasingly costlier.Fastmarkets' daily index for Northern Europe-origin heavy melting scrap 1&2 (80:20) was $319.28 per tonne cfr Turkey on February 7, up $21.89 per tonne from $297.39 per tonne cfr on February 1.No updates were heard from...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 8 that are worth another look.The United States' Section 232 tariffs are costing ArcelorMittal SA's Canadian operations some $100 million per quarter, company executives said during an earnings call on Friday February 8. Aluminium producer UC Rusal's profits from aluminium sales in the fourth quarter of 2018 were&nb...Read More

Here are five Fastmarkets MB stories you might have missed on Friday February 8 that are worth another look.The United States' Section 232 tariffs are costing ArcelorMittal SA's Canadian operations some $100 million per quarter, company executives said during an earnings call on Friday February 8. Aluminium producer UC Rusal's profits from aluminium sales in the fourth quarter of 2018 were&nb...Read More

Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More

Have you considered investing in a gold miner recently?Barrick Gold (TSX:ABX)(NYSE:ABX) became the largest gold miner on the planet following its recent merger with Randgold, transforming what was already an enviable portfolio of mines and one of the most efficient miners in the business into a powerhouse miner that owns half of the top 10 performing mines on the planet, and a portfolio of over o...Read More

One of the breakout marijuana stocks of the TSX index this week, and possibly one of the most exciting tickers in the legal weed space at the moment, The Supreme Cannabis Company (TSX:FIRE) is up 3.27% in the last five days with a 104.3% expected annual growth in earnings on the way.Let's take a brief look at a few other pieces of data for this hot weed stock before seeing how it compares with two...Read More

It might sound like the name of a game show, but "opportunity or trap" is a game investors play every time an undervalued stock shows up on the radar. Sometimes a stock is on a dip, and its quality stats and otherwise upward trend suggest an opportunity; at other times, the stock can turn out to be a falling knife with perpetual downward momentum. So which of these categories do the following unde...Read More

There is good reason for investors to be cautious with economic headwinds building up in the latter half of 2018 and the beginning of 2019. The market has responded well to anxiety early this year, but the domestic and global economy is facing major challenges. Canadian growth is projected to slip below 2% this year and next.Of course, risk is always present in the market. Investors hoping to prof...Read More

Sometimes I'll hear investors lament how expensive stock markets are, which usually ends with them being content to stay in cash until better opportunities arise. Unfortunately, many of these same investors will continue to hold during downturns, saying an even better chance to buy is just around the corner.This is a terrible argument for a few different reasons. Dollar-cost averaging over the lon...Read More

Gold stocks' young upleg is gathering steam, marching steadily to higher lows and higher highs. These bullish technicals are gradually improving sentiment, fueling mounting interest in this contrarian sector. That's helping the gold stocks regain lost ground relative to gold, the driver of their profits. Fundamentals are growing more favorable as gold itself powers higher. All this portend...Read More

Bob Moriarty ArchivesFeb 11, 2019I talked about Benchmarkback in October of 2018. Even though gold and silver have done well since then, the juniors still suck. BNCH was $.25 then and $.185 now. I don’t expect that to continue for long if they keep delivering outstanding drill results as they just have from the Lawyers project in the heart of British Columbia.For some reason investors tend t...Read More

The Choco Precious Metal Project in Colombia. Source Max Resource Corp.Max Resource Corp. [MXR-TSXV; MAXROF-OTC; M1D1-FSE] advanced in active trading Monday February 11 after the company said it had received conditional approval form the TSX Venture Exchange to acquire additional mineral rights in Colombia.Max is a Canadian exploration company with a focus on exploration of mineral assets in Colom...Read More

Madsen headframe, mill, tailings facility and mine village mine village located 16 km west of Red Lake, Ontario. Source: Pure Gold Mining Inc.Pure Gold Mining Inc. [PGM-TSXV; LRTNF-OTC] on Monday February 11 announced the results of a positive feasibility study for its 100%-owned Madsen-Red Lake project in northwestern Ontario.The feasibility study sees Madsen-Red Lake as an 800 tonne-per-day, hig...Read More

Cannabis stocks got hammered today, as investors began to prepare for what many believe with be less-than-stellar results for a number of major cannabis companies, including Canopy Growth Corporation (NYSE: CGC), Aurora Cannabis (NYSE: ACB), and Tilray (NASDAQ: TLRY).Another cannabis player scheduled to post earnings this week is Supreme Cannabis (TSX: FIRE). I'm paying particularly close attentio...Read More

What is the Green New Deal? And how will it affect energy investors?Last week, rising liberal star Alexandria Ocasio-Cortez submitted a House resolution calling for a series of public work projects, programs, financial reforms, and regulations specifically aimed at addressing climate change.Right now, this resolution is the most official version of what's being called the Green New Deal.Leading up...Read More

Forecasts, Commentary & Analysis on the Economy and Precious MetalsCelebrating our 46th year in the gold business"Who on earth, or in global finance, will buy this looming mountain of Treasuries?""Investment in gold now is insurance. It's not for short-term gain, but for long-term protection. I view gold as the primary global currency. It is the only currency, along with silver, that does not re...Read More