$Copper Futures(MAY5) (HGmain.US)$on New York's Comex exchange soared to unprecedented levels, driven by market anticipation of significant import tariffs on this vital industrial metal. Since the beginning of this year, Comex copper futures have surged over 30%, hitting historical high, while prices on the London Metal Exchange (LME) have also climbed by 13%, surpassing the critical threshold of $10,000 per ton. ...
With the market's expectation of a rate cut by the Federal Reserve, a marked uptick in gold acquisition by central banks around the globe, and enduring geopolitical conflicts in the Middle East, gold prices soared in 2024, and silver prices followed suit. Copper's value climbed as well, supported by the dual pressures of forecasted supply deficits and an escalation in demand. The rise in commodity prices in 2024 boosted ...
From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector. Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
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Kevin Matte
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kinross, alamos gold, fortuna silver mines
Since the fourth quarter of 2023, the global copper mining industry has experienced multiple supply disruptions, with recent news of planned production cuts by Chinese smelters intensifying market unease. Supported by expectations of a tight supply,$铜主连(2405)(HGmain.US)$ prices have been fluctuating with an upward trend since the end of October last year, and have recently seen an accelerated increase. Since March, global copper prices...
Palladium: Is Consolidation Bullish? "The palladium futures arena could be in for a significant price recovery when it finds its bottom. However, the trend remains bearish in early 2024, and bear markets in illiquid markets can take prices to irrational, illogical, and unreasonable levels that defy fundamental and technical analysis. On January 29, nearby NYMEX palladium futures were trading at $971 per ounce, and the Aberdeen Physical Palladium ETF ...
The latest research report from Goldman Sachs shows that the copper market is expected to experience its highest level of tightness since 2021, facing a projected deficit of 428kt in 2024, with merely 260kt of currently visible stock. Over the past three months, the market has been impacted by a supply shock due to a succession of downgrades in mine production. Panama's decision to of...
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Maniac Fool
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Buy copper in anticipation to interest rate cut in April-June 2024
Pre-Market Stock Movers Gapping up $Amazon (AMZN.US)$stock rose 0.5% after the tech giant announced plans to invest up to $4 billion in artificial intelligence group Anthropic, in an attempt to bolster its position in nascent AI technology. $Warner Bros Discovery (WBD.US)$stock rose 2.1%,$Netflix (NFLX.US)$rose 0.8% and$Disney (DIS.US)$rose 1.1% as these entertainment giants benefited from the news that Hollywood's wr...
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Market Insights
Dividend Kings of Canada Dividend Kings of Canada
Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility. Dividend Kings In Canada are companies that have increased their Dividend per share for the most consecutive years, reflecting a strong business model and robust financials, and are likely to outperform the market with less volatility.
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
Ivanhoe Mines Ltd Stock Forum
Since the beginning of this year, Comex copper futures have surged over 30%, hitting historical high, while prices on the London Metal Exchange (LME) have also climbed by 13%, surpassing the critical threshold of $10,000 per ton. ...
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Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
"The palladium futures arena could be in for a significant price recovery when it finds its bottom. However, the trend remains bearish in early 2024, and bear markets in illiquid markets can take prices to irrational, illogical, and unreasonable levels that defy fundamental and technical analysis.
On January 29, nearby NYMEX palladium futures were trading at $971 per ounce, and the Aberdeen Physical Palladium ETF ...
Over the past three months, the market has been impacted by a supply shock due to a succession of downgrades in mine production. Panama's decision to of...
Gapping up
$Amazon (AMZN.US)$ stock rose 0.5% after the tech giant announced plans to invest up to $4 billion in artificial intelligence group Anthropic, in an attempt to bolster its position in nascent AI technology.
$Warner Bros Discovery (WBD.US)$ stock rose 2.1%, $Netflix (NFLX.US)$ rose 0.8% and $Disney (DIS.US)$ rose 1.1% as these entertainment giants benefited from the news that Hollywood's wr...
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