Real estate bubble is about to pop, invest here for safety – Scott Rothbort (Pt. 2/2)
Watch part 1 of the interview: https://youtu.be/gmHFgSTxkyU With housing becoming more unaffordable in certain areas, mortgage defaults will start to rise, but most of the real estate slowdown will happen in the commercial end, not for residential real estate, said…
We’re returning to the ‘70s era of social decay, crime, and stagflation – Scott Rothbort (Pt. 1/2)
The most dangerous part of the recently released 4.2% headline inflation, the highest since 2008, is the fact that higher labor costs haven’t even kicked in yet, said Scott Rothbort, president of LakeView Asset Management. Rothbort said that the economy…
All the signatures of another Fruta Del Norte
Lundin Gold’s Fruta Del Norte is one of the largest and highest-grade gold projects currently in production, and maybe there is a second down the road from the first, said CEO Ron Hochstein. On Friday Lundin Gold’s (TSX:LUG) Hochstein recorded…
Is gold being ‘stabilized’ by governments? Why price hasn’t rallied on inflation – Frank Holmes
Governments and central banks might have an interest in “stabilizing” gold prices in order to maintain public confidence, which may be an explanation as to why the gold price did not move up on the release of last month’s headline…
‘Shocking’ inflation now higher than Fed’s target, is ‘harbinger of things to come’ – Steve Hanke
Headline inflation is now at 4.2%, the highest reading since 2008. Steve Hanke, professor of applied economics at Johns Hopkins University, said that this is a ‘harbinger’ of even more inflation. Hanke told David Lin, anchor for Kitco News, that…
‘There’s nothing long term about crypto’ – Wheaton Precious Metals
Cryptocurrencies are incredibly volatile and very speculative, warned Wheaton Precious Metals CEO Randy Smallwood who spoke to Kitco on Friday. The company’s Q1 was released on Thursday. Wheaton’s revenue was $324 million in the first quarter of 2021, representing a…
Hyperinflation ‘wiped out’ these great currencies, is the U.S. dollar next? Steve Hanke
There have been a total of 62 recorded cases of hyperinflation, and in all cases, the underlying currency in the economy has failed, according to Steve Hanke, professor of applied economics at Johns Hopkins University. “If you have hyperinflation, you…
Gold price finally breached $1,800, will it fall to $1,400 or breach $2,220 next? Gary Wagner
Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the timeline for gold to breach new all-time highs, and the factors behind this push. 0:00 – Are we on the road to $2,000? 3:30 – Sentiment…
Bitcoin will never be ‘digital gold’ and Central Bank Digital Currencies will kill cryptos – Roubini
Watch part 1 of the interview: https://www.youtube.com/watch?v=ZDq3hMoZ8XE&ab_channel=KitcoNEWS Valuations in risk assets continue to climb, which only strengthens the argument for rotating capital into defensive assets, such as gold, ahead of a potential market correction, said economist Nouriel Roubini, CEO of…
Is Polkadot the next star cryptocurrency? Why altcoins beat Bitcoin in 2021 – Greg King
Polkadot has risent more than 1,200% since trading began in September, 2020, and it now the eight largest altcoin by market capitalization. Greg King, CEO and founder of Osprey Funds, recently launched the Osprey Polkadot Trust, a fund based on…
