What an Evergrande collapse means for gold, global growth – Steve Hanke
Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the impact that Evergrande’s current struggle has on the global commodities complex. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Steve Hanke…
$20k Bitcoin is next after hitting $52k, Gareth Soloway’s upside target
After retracing to the upside of $52,000 a few weeks ago, what Gareth Soloway, chief market strategist called a “retrace to the scene of the crime,” Bitcoin slid back down, reaching $43,600 on Monday. Soloway had previously called the top…
Industrial use of silver could increase in the next 5 years – Mark Cruise
The industrial use of silver will likely increase in the next five years, especially as we move toward a low carbon economy, said Dr. Mark Cruise, CEO of New Pacific Metals. “Silver has got its usual store of value against…
$10k gold, credit collapse, dollar devaluation: This is the ‘course of the empire’ – Dan Oliver
The natural course of the U.S. “empire” is that of currency devaluation and an eventual credit collapse, said Dan Oliver, founder of Myrmikan Capital. “What backs the dollar? The Fed’s assets do, and if you look at the Fed’s assets,…
This is how Bitcoin beat gold in attracting investors – Frank Holmes
Frank Holmes, CEO, of U.S. Global Investors and executive chairman of HIVE Blockchain discusses with David Lin, anchor for Kitco News, the sectors capital is flowing towards now, and how the mining industry should attract investments, especially from millennials. Follow…
Fed will never taper because consequences will be ‘catastrophic’ – E.B. Tucker
When will the Fed taper? Never, says E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now?” “Now the debate is why will they stop [quantitative easing]? They’ll never stop. It’s never going to stop,” Tucker told…
Stagflation to last next 6 months, markets in danger of sell-off – Tavi Costa
Several structural problems in the U.S. could cause a slowdown in economic growth soon, with stagflation hitting and lasting for the next six months, said Tavi Costa, portfolio manager of Crescat Capital. “I am in the of sort of a…
Is gold dead? Bitcoin price to hit levels we ‘cannot imagine’- Ronald-Peter Stoeferle
Global financial markets have reached a “monetary tipping point”, according to Ronald-Peter Stoeferle, managing partner of Incrementum AG. After this tipping point, inflation will continue to climb up, real interest rates will remain in negative or near-zero percent territory, and…
Gold is not the best inflation hedge, these assets are better – Adrian Day
Markets seem to still believe the Federal Reserve’s narrative of transitory inflation, but that narrative is not reflective of reality, said Adrian Day, president of Adrian Day Asset Management. “The market simply doesn’t believe the inflation story, and they seem…
New York bans gas-powered car sales after 2035; Will Elon Musk start mining?
New York passed legislation this week that requires all cars sold in the state to be zero-emission after 2035. John Feneck, CEO of Feneck Consulting, discusses the impacts on the metals sectors with David Lin, anchor for Kitco News. Follow…
