Are we getting a recession 2.0 and hyperinflation double whammy? Peter Berezin on biggest concerns
This is part 1 of 2 of the interview. Stay tuned for part 2 on Bitcoin and gold. Peter Berezin, chief global strategist at BCA Research, discusses with David Lin, anchor for Kitco News, the likelihood of the economy slumping…
Senator Warren calls Bitcoin a ‘scam’, threatens more regulation; Alex Mashinsky says she’s wrong
This is part 2 of the full interview. Watch part 1 here: https://youtu.be/rUzdaq5VuRQ At a recent Senate Banking Committee hearing, Senator Elizabeth Warren (Dem., Massachusetts) said that “cryptocurrencies have created opportunities to scam investors, assist criminals, and worsen the climate…
Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’ – Steve Hanke (Pt. 1/2)
This is part 1 of 2 of the full interview Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin,…
Bitcoin price to soar to $160k as FOMO drives EM adoption, Musk’s influence wanes – Alex Mashinsky
Alex Mashinsky, CEO of Celsius Network, is upgrading his Bitcoin price target. On previous Kitco News appearances, Mashinsky had accurately predicted that Bitcoin would retrace $30,000 before climbing back to $70,000. Now, he sees the world’s largest cryptocurrency closing the…
Inflation ‘time bomb’ and invisible wealth destruction
Gold’s $1,900 an ounce level remains a high hurdle to breach, but analysts still expect more gains for the yellow metal this summer. With U.S. inflation now running at an annual pace of 5%, the attention is turning to the…
The top 5 investment themes of the decade, and how to play them – Robert Minter
Investors need to keep five main investment themes in mind for the medium to long term: monetary policy, fiscal policy, de-carbonization, restrictive capital policies, and de-globalization, said Robert Minter, director of investment strategy for ETFs at Aberdeen Standard Investments. Commodities…
Fed Coin, El Salvador Coin are coming, say goodbye to privacy – E.B. Tucker (Pt. 2/2)
Watch part 1 of the interview: https://youtu.be/rKArqlGcuQ0 Cryptocurrencies represent the opposite of privacy, due to every transaction’s provenance being traceable, governments will use this to their advantage when they issue central bank digital currencies, said E.B. Tucker, director of Metalla…
Inflation is like ‘cocaine addiction’, the Fed is hooked and wants more – E.B. Tucker (Pt. 1/2)
Headline inflation came out stronger than expected on Thursday, at 5.0%, as compared to the consensus expectation of 4.8%. The government wants higher inflation and is creating policies that would be conducive to higher prices and higher wages, said E.B.…
Triple Flag hunts for carbon neutral streaming deals
Triple Flag wrote in its year end that it has undertaken to quantify its greenhouse gas footprint and become carbon neutral across its activities. CEO and founder Shaun Usmar spoke to Kitco on Tuesday. This spring Triple Flag Precious Metals…
‘Valuations are definitely insane’ trader warns; stock picks and trading tips from Anmol Singh
Anmol Singh, founder of Live Traders, discusses with David Lin, anchor for Kitco News, techniques that every disciplined trader should follow in order to weather any market. Singh said that stock market valuations right now are definitely “insane” and that…
