Gold is five-times less carbon intensive than bitcoin – Skarn Associates
For a dollars worth of bitcoin CO2 emissions are between 2.2 to 2.3 kilograms versus just 0.5 kilograms of gold, said Mark Fellows, co-founder of and director at Skarn Associates. On Friday, Fellows recorded Kitco Roundtable podcast with correspondent Paul…
Gold price sees best week in 6 months
Gold rose more than $70 this week after finally cracking the psychologically important $1,800 an ounce level. Gold hit a 10-week high on much weaker-than-expected U.S. employment data, a lower U.S. dollar, and a retreat in U.S. Treasury yields. Here’s…
When lumber crashes, will stocks follow? ‘Few understand this’ says Michael Gayed
When the lumber to gold ratio spikes, it’s usually a signal that risk on sentiment will remain strong, said Michael Gayed, portfolio manager at Toroso Investments. Gayed has been tracking the lumber to gold ratio as part of his Lead-Lag…
Roubini: Fed is ‘cornered’; will either lose control of inflation or crash markets (Pt. 1/2)
While inflationary fears are picking up, the markets have not demonstrated a readiness to accept higher interest rates. In fact, rising nominal treasury yields over the past few months have, on several occasions, prompted market selloffs. This predicament puts the…
Michael Saylor: Why Bitcoin standard is what 8 billion people need for decent life (Pt. 2/2)
As concerns rise about inflation, one of the ongoing debates amongst investors is which financial asset would serve as the best long-term, store of value. Michael Saylor, CEO of MicroStrategy, argues that the dominant store of value in the 21st…
Barrick Gold’s Mark Bristow on how to out-flank bitcoin
The cryptocurrency boom has made the precious metal industry realize it has to work harder, said Barrick Gold CEO Mark Bristow, who talked to Kitco Wednesday. The senior gold miner (ABX:TSX) released its Q1 today, which reported a 78%…
Michael Saylor: Bitcoin has no existential threats and will dominate 21st century (Pt. 1/2)
While Bitcoin has risen in mainstream popularity, with institutional adoption rising at an unprecedented pace, skeptics of cryptocurrencies cite the potential of government intervention to outlaw its use as a currency as a reason not to invest. Michael Saylor, CEO…
Will inflation become ‘problematic’? What soaring lumber means for prices, gold – Jim Wyckoff
Lumber prices rose on the back of strong household demand during the past year, and this can create secondary effects on inflation overall, said Jim Wyckoff, senior analyst at Kitco News. 0:00 – Gold/silver technicals 1:00 – Janet Yellen’s comments…
Adrian Day Asset Management May 2021
This interview was filmed on April 27, 2021. Gold has largely trended downward since reaching a new all-time high last summer, but for Adrian Day its retracement is a normal reaction to a major move. What’s more surprising to him…
Yellen hints at higher rates, spooks markets; Inflation’s damage, explained – Jeff Christian
“It may be that interest rates will have to rise somewhat to make sure that our economy doesn’t overheat,” Yellen said during an economic event hosted by The Atlantic magazine. Jeff Christian, managing director of the CPM Group, told David…
