$150k Bitcoin by January? Last resistance is breached, Ethereum to hit $20k next – Florian Grummes
The recent bullish momentum for Bitcoin is likely to be sustained because key technical levels have been breached, and the fear from China’s tightening regulation has largely dissipated, said Florian Grummes, managing director of Midas Touch Consulting. “We have a…
$500k Bitcoin: The Fed will be ‘abolished’, BTC will be global reserve currency, gold will hit $5k
The demise of the Fed is coming, and with the collapse of the current monetary system comes the adoption of Bitcoin as the new global reserve currency, said Gareth Soloway, chief market strategist of IntheMoneyStocks.com. “What I’m actually calling for…
Now you can use Bitcoin to experience Zero Gravity, Coinbase partners with Zero-G
Matt Gohd, CEO of Zero-G spoke to Michelle Makori, Lead Anchor and Editor-in-Chief of Kitco News about the space tourism industry. Zero-G is an airline company that offers a simulated weightlessness experience to passengers at a fraction of the price…
Why Agnico Eagle and Kirkland Lake Gold are merging
Agnico Eagle CEO Sean Boyd discussed the benefits of his company’s proposed merger with Kirkland Lake Gold. Boyd spoke to Kitco on Tuesday. Agnico Eagle (TSE:AEM) and Kirkland Lake Gold (TSE:KL) announced a merger earlier this month. “[This…
What if China invades Taiwan? U.S. response and economic consequences
Taiwanese independence is geopolitically unsustainable, and it’s not a matter of if China will take action towards unification, but when, according to a panel of experts on the Asia-Pacific region. Harold Kempfer, former U.S. Marine Corps intelligence officer and CEO…
Inflation returns to 13-year high, stocks overdue for ‘fairly significant drawdown’ – Ted Oakley
Headline CPI inflation is now back at 5.4%, up from 5.3% in August, according to data released Wednesday. Ted Oakley, founder and partner of Oxbow Advisors, told David Lin, anchor for Kitco News, that a diversity of hard assets is…
Weak economy, contracting production plus strong demand could push silver price to $40 by mid-2022
The price of silver could possibly surge to $40 an ounce by mid 2022, James Anderson, CEO and Chairman of Guanajuato Silver Company predicts. But Silver has continued to underperform 2021 estimates, currently hovering at about $23 an ounce. Anderson…
Potential looming energy crisis could derail economy
Michele Schneider, Managing Director of the MarketGauge Group and John Burnett, Managing Director and Founder 1 Empire Group discuss the US economy in light of recent jobs data, surging energy prices and what investors should be doing . Follow Michelle…
Will “Ethereum Killers” dethrone Ether? HIVE Blockchain COO
Despite Ethereum underperforming Bitcoin recently because of the so called “Ethereum killers,” Aydin Kilic, COO of HIVE Blockchain, is still very bullish on Ethereum. The “Ethereum killers” are competitors like Solana, Polygon, Cardano, and others. Kilic discussed cryptocurrencies with David…
Next coin to explode is Ethereum, here’s why – Frank Holmes
Ethereum is going to be the next cryptocurrency to explode to the upside, Frank Holmes, CEO, and CIO of U.S. Global Investors predicts. Ethereum, the second most-valuable cryptocurrency behind Bitcoin, is already up 830 percent for the past year. Holmes,…
