‘Gold miners always do the wrong thing at the wrong time’ – Soar Financial
With elevated precious metal prices, the CEO of Soar Financial, Kai Hoffmann, told Kitco he hopes that cashed-up gold miners do the right thing and start buying juniors to add production to their pipeline. “Unfortunately gold miners always do the…
Fed ‘forced’ to raise rates this year; stocks to throw tantrum, gold to rise – Todd Horwitz
The bond market is already signaling a rate hike from the Federal Reserve this year, according to Todd “Bubba” Horwitz of BubbaTrading.com. “I think they’re going to be forced, by the bond market, to raise rates this year. I think…
Powell drops bombshell: Fed to play ‘leading role’ in developing digital currencies
Federal Reserve Chairman Jerome Powell announced Thursday that the world’s largest central bank would strive to become a “leader” in providing central bank digital currency (CBDC) standards. “We are committed at the Federal Reserve to hearing a wide range of…
Chris Vermeulen is now 100% in cash ahead of Bitcoin, stock market crash
Stocks and Bitcoin rally on Thursday, but this is just a “dead cat bounce,” said Chris Vermeulen, chief market strategist at TheTechnicalTraders.com. Vermeulen told David Lin, anchor for Kitco News, that stocks show selling signs, and while Bitcoin has some…
Is Great Bear’s Dixie on track to become a tier-one gold deposit?
Tier one assets have more than a 10-year mine life, low operational costs and about 500,000 ounces of production annually, said Great Bear Resources’ CEO Chris Taylor on Tuesday. “Tier one assets are rare, and this is effectively what the…
Bitcoin price plummets to $30k, Gareth Soloway’s last target; How to trade after collapse?
The Bitcoin price tumbled to $30,000 Wednesday as risk assets sell off across the board. Gareth Soloway, chief market strategist of InTheMoneyStocks.com discusses with David Lin, anchor of Kitco News, whether or not to buy the dip now. __________________________________________________________________ Kitco…
Lab-grown diamonds are not competitive to natural – Lucara Diamond
Lab-grown diamonds and natural diamonds are not really rivals since each sell into different marketplaces, said Lucara Diamond (TSX:LUC) CEO Eira Thomas on Tuesday. “Lab-grown diamonds certainly have a place. They’re not necessarily more sustainable diamonds,” said Thomas. “We have…
Gold price rallies while everything else collapses; $1,900 is just around the corner – Jim Wyckoff
As risk assets fall on Wednesday, gold finally catches a safe-haven bid and rallies. Jim Wyckoff, senior analyst at Kitco News, told David Lin, anchor for Kitco, that momentum is still on the upside. __________________________________________________________________ Kitco News is the world’s…
‘Significant damage’ to hit this market, why investor is in 35% cash – Ted Oakley
The end of this current bull market cycle will be marked by “significant damage,” said Ted Oakley, founder and partner of Oxbow Advisors, who have currently allocated 35% of their investments into cash. Oakley told David Lin that one of…
The battle to eliminate gold & silver sales taxes is on, which side is winning? Jp Cortez
The Sound Money Defense League is a public policy project aimed at bringing awareness to gold and silver as “sound money” and enacting legislative change across the country to reduce sales taxes on the precious metals. Jp Cortez, policy director…
