Inflation is now at 7%, the highest in 40 years, and will stay until 2024 – Steve Hanke
Headline CPI climbed to 7% in December 2020, the highest level since 1982, according to data released Wednesday by the U.S. Bureau of Labor Statistics. Steve Hanke, professor of applied economics at Johns Hopkins University told David Lin, anchor for…
Fed’s Powell warns of recession if central bank forced to tighten too much
Federal Reserve Chair Jerome Powell warned of recession if inflation gets worse and the central bank is forced to tighten monetary policy too much. “If inflation does become too persistent, that will lead to much tighter monetary policy, and that…
Bitcoin price crash: Will it continue? WonderFi’s Ben Samaroo’s outlook on DeFi, M&A in cryptos
What goes up, must come down. Bitcoin’s meteoric rise in 2021 was overdue for a correction, said Ben Samaroo, CEO of WonderFi. “I think when you see an overexuberance in the price action on the upside for Bitcoin, where there…
Stock markets to crash 90% this year
The greatest financial downturn ever will happen this year, and investors will be taking the “biggest risk of [their] life” if they don’t sell now ahead of a complete market wipeout, said Harry Dent, founder of HS Dent Publishing. #shorts…
This is ‘the most undervalued metal on the planet’ – David Morgan’s 2022 outlook
Expect silver, the “most undervalued metal on the planet” to finally breach $30 an ounce in 2022, said David Morgan of TheMorganReport.com. $50 an ounce, the previous all-time high, will however be less likely, Morgan told David Lin, anchor for…
This is what music created by artificial intelligence sounds like – EulerBeats
Computers can perform music, but now we’re at the age when they can create it as well. Shane Lightowler, project lead at EulerBeats, explains to David Lin, anchor for Kitco News, how artificial intelligence is at the front lines of…
Brace for major market ‘fireworks’ – Lobo Tiggre’s bold 2022 predictions for gold, silver, Fed
2022 is going to be a rollercoaster ride for markets. Stay on the right side of the trade, or you’re going to get hurt, said Lobo Tiggre of The Independent Speculator. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco…
Stock markets to crash 90% this year, followed by best buying opportunity in lifetime – Harry Dent
The greatest financial downturn ever will happen this year, and investors will be taking the “biggest risk of [their] life” if they don’t sell now ahead of a complete market wipeout, said Harry Dent, founder of HS Dent Publishing. Speaking…
This is how yield farming will increase your crypto returns – Harvest Finance
“Red” from Harvest Finance discusses with David Lin, anchor for Kitco News, how yield farming works and how in some cases, it’s more financially beneficial than simply holding onto tokens in a wallet. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)…
Cathie Wood’s ARK, cannabis stocks, or gold? Anmol Singh on 2022’s winners and losers
On a technical level, the ARK ETF managed by Cathie Wood’s ARK funds has more downside. On a fundamental level, most of the holdings in the ARK Innovation ETF (ARKK) are no longer market disruptors, said Anmol Singh, founder of…
