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,…
Simon Popple: How to Pick Winners in the Junior Mining Space
This interview was filmed on September 7, 2021. Picking winners in the junior resource space is notoriously difficult. Significant finds are elusive, and it’s even more rare to take a discovery all the way to production. Simon Popple, who writes…
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…
Gareth Soloway: Passing This Trend Line Could “Supercharge” Gold
This interview was filmed on September 14, 2021. With the summer months now over, where is the gold price headed in the fall? Gareth Soloway, chief market strategist at InTheMoneyStocks.com, said he still thinks the yellow metal could reach US$2,100…
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…
Gold price is ‘vulnerable’ after $50 drop
Gold was down $50 at one point this week as it reversed last week’s gains and fell below the key psychological level of $1,800 an ounce. A stronger U.S. dollar and higher U.S. Treasury yields were the main drivers pushing…
