$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…
Uranium demand will double in 10 years, here’s why – Amir Adnani
With the move to decarbonize and to use cleaner energy accelerates, nuclear power faces rising demand from not just domestic U.S. consumers, but also increased energy demand from the Far East, said Amir Adnani, CEO of UEC. “China, by 2030,…
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…
Bears in control: Gold is in ‘no man’s land’
It was not a good week for gold. Prices hit four-week lows, and markets are now anticipating a far less dovish Federal Reserve at next week’s monetary policy meeting. Here’s a look at Kitco’s top three stories of the week.…
$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,…
Once $30 silver price barrier breaks, $50 is next; What’s the catalyst? Jim McDonald
“The stage is set” for silver to break out, it’s just a matter of timing, said Jim McDonald, CEO of Kootenay Silver. McDonald discusses with David Lin, anchor for Kitco News, the catalysts for higher silver price, as well as…
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…
