When lumber crashes, will stocks follow? ‘Few understand this’ says Michael Gayed
When the lumber to gold ratio spikes, it’s usually a signal that risk on sentiment will remain strong, said Michael Gayed, portfolio manager at Toroso Investments. Gayed has been tracking the lumber to gold ratio as part of his Lead-Lag…
Roubini: Fed is ‘cornered’; will either lose control of inflation or crash markets (Pt. 1/2)
While inflationary fears are picking up, the markets have not demonstrated a readiness to accept higher interest rates. In fact, rising nominal treasury yields over the past few months have, on several occasions, prompted market selloffs. This predicament puts the…
Michael Saylor: Why Bitcoin standard is what 8 billion people need for decent life (Pt. 2/2)
As concerns rise about inflation, one of the ongoing debates amongst investors is which financial asset would serve as the best long-term, store of value. Michael Saylor, CEO of MicroStrategy, argues that the dominant store of value in the 21st…
Barrick Gold’s Mark Bristow on how to out-flank bitcoin
The cryptocurrency boom has made the precious metal industry realize it has to work harder, said Barrick Gold CEO Mark Bristow, who talked to Kitco Wednesday. The senior gold miner (ABX:TSX) released its Q1 today, which reported a 78%…
Michael Saylor: Bitcoin has no existential threats and will dominate 21st century (Pt. 1/2)
While Bitcoin has risen in mainstream popularity, with institutional adoption rising at an unprecedented pace, skeptics of cryptocurrencies cite the potential of government intervention to outlaw its use as a currency as a reason not to invest. Michael Saylor, CEO…
Will inflation become ‘problematic’? What soaring lumber means for prices, gold – Jim Wyckoff
Lumber prices rose on the back of strong household demand during the past year, and this can create secondary effects on inflation overall, said Jim Wyckoff, senior analyst at Kitco News. 0:00 – Gold/silver technicals 1:00 – Janet Yellen’s comments…
Yellen hints at higher rates, spooks markets; Inflation’s damage, explained – Jeff Christian
“It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat,” Yellen said during an economic event hosted by The Atlantic magazine. Jeff Christian, managing director of the CPM Group, told David…
All markets tumble as fear rises; ‘significant collapse’ is underway – Chris Vermeulen
Tuesday saw a broad market selloff as equities tumbled alongside safe have assets like gold. As of 1:00 pm EST, the S&P 500 fell 1.15%, and gold dropped by 1%. Speaking to David Lin, anchor for Kitco News, Chris Vermeulen,…
Earnings explosion: We’ve ‘never, ever’ seen this before – Michael Lee’s top stock picks (Pt. 2/2)
Watch part 1 of this interview: https://youtu.be/8z6qx7MSnYM Not even the wildest market bulls could have predicted how much stock earnings have beat analysts’ expectations, said Michael Lee, founder of Michael Lee Strategy. Lee discusses with David Lin, anchor of Kitco…
Bitcoin, gold, or stocks: which of these has ‘never been more expensive’? Lyn Alden
Lyn Alden, founder of Lyn Alden Investment Strategy compares the valuation metrics of gold, cryptocurrencies, and equities, and evaluates which of these, in her opinion, has “never been more expensive.” 0:00 – Monetary policy – inflation 4:02 – Monetary policy…
