Forget hyperinflation; Why the U.S. is becoming Japan, not Zimbabwe – Michael Lee (Part 1/2)
As President Joe Biden commits to $6 trillion of stimulus over the next decade, worries of inflation, or even hyperinflation, from both unprecedented monetary and fiscal stimulus take center stage in financial headlines. Fiscal stimulus from the Biden Administration includes…
More states pushing to make gold and silver legal tender – former U.S. Mint director (Pt 2/2)
Watch part 1 of this interview: https://youtu.be/vWY855esnPA Concern about inflation and a weakening U.S. dollar, is pushing more than a dozen states to try and recognize gold and silver coins as legal tender. The Constitution allows for States to give…
Biden’s economic plan aims to redistribute trillions and expand government
President Biden delivered an address to a joint session of Congress on April 28th. With his $1.8 trillion American Families Plan, following his $2.3 trillion American Jobs Plan and his $1.9 trillion American Rescue Plan—President Biden has proposed $6 trillion…
Fed’s Powell: It’s ‘too early’ to taper
Federal Reserve Chair Jerome Powell comments on tapering, transitory inflation, the U.S. dollar as the world’s reserve currency, and more. The statement comes after the Fed kept its monetary policy unchanged while downplaying rising inflation. “It’s not time to start…
Mints are running out of gold; not enough physical silver to cover paper– former U.S. Mint Director
Part 1 of 2. A global shortage of physical gold and silver products has created a premium on coins and bars, and this premium is causing a disconnect between the spot price and the “true” price that retail investors need…
Gold over bitcoin – Newmont CEO lists the advantages
Gold will continue its role as a store of value, said Newmont’s CEO Tom Palmer in an interview with Kitco today. Newmont released its Q1 Thursday. In the year since Newmont’s last Q1, bitcoin has traded up from under $9,000…
Fed keeps rates low, but not for long; here’s when rates rise, markets correct – Phil Streible
The Federal Open Market Committee (FOMC) has kept interest rates low for now, but Phil Streible, chief market strategist of Blue Line Futures, said that it won’t be long until tapering begins, which would pose a major risk to equity…
Why has silver price not yet spiked from demand, but copper has? Lobo Tiggre
Lobo Tiggre of The Independent Speculator weighs in on what’s been keeping the silver price down. 0:00 – Copper 7:30 – Silver 13:01 – Triple-digit silver price? 16:01 – Gold as inflation hedge? 18:35 – Gold/silver ratio __________________________________________________________________ Kitco News…
Consolidation is coming to the royalty and streaming sector – David Garofalo
Too many streaming and royalty businesses make the sector ripe for consolidation, said Royalty Gold CEO David Garofalo in a conversation with Kitco on Tuesday. Garofalo said the sub-$1 billion market cap companies are “…all struggling to achieve relevance to…
Will Ethereum become the ultimate crypto? Jason Lau on regulations, altcoins
Ethereum’s use case extends beyond simply investing and speculation. Jason Lau, COO of OKCoin, discusses the second largest crypto’s utility and evolution. 0:00 – Bitcoin price…about to correct? 5:50 – Dogecoin 7:03 – Ethereum 10:50 – Central bank digital currencies…
