Inflation returns to 13-year high, stocks overdue for ‘fairly significant drawdown’ - Ted Oakley

Inflation returns to 13-year high, stocks overdue for ‘fairly significant drawdown’ – Ted Oakley

Headline CPI inflation is now back at 5.4%, up from 5.3% in August, according to data released Wednesday. Ted Oakley, founder and partner of Oxbow Advisors, told David Lin, anchor for Kitco News, that a diversity of hard assets is…

SEC's Gensler: 'A lot of people will get hurt' if crypto remains outside of policy framework

SEC’s Gensler: ‘A lot of people will get hurt’ if crypto remains outside of policy framework

If crypto exchanges and lending platforms are not brought inside the policy framework, “a lot of people will get hurt,” U.S. Securities and Exchange Commission Chair Gary Gensler testified before the House Financial Services Committee. “If we don’t get these…

Powell: Fed has 'no intention to ban' cryptocurrencies

Powell: Fed has ‘no intention to ban’ cryptocurrencies

Federal Reserve Chair Jerome Powell told U.S. lawmakers that the Fed has “no intention to ban” cryptocurrencies. During his testimony before the House Committee on Financial Services, Powell was asked to clarify his July comment that one of the stronger…

Global economy recovery still on track, inflation spike remains transitory – Central Bankers

Global economy recovery still on track, inflation spike remains transitory – Central Bankers

Central bankers speaking at the ECB Forum on Central Banking remain optimistic that the global economy will be back on track by the end of this year or early 2022. However, they also recognize that constraints in the global supply…

Will the U.S. default on debt in October? Impact on gold, silver price – Gary Wagner

Will the U.S. default on debt in October? Impact on gold, silver price – Gary Wagner

Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the primary drivers behind the gold and silver price, and the likelihood of a U.S. debt default this year. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow…

$3,000 gold is this cycle's peak, and it's coming, here's why - David Garofalo

$3,000 gold is this cycle’s peak, and it’s coming, here’s why – David Garofalo

Gold peaked in 1981 when it reached $850 an ounce in nominal terms, but adjusted for inflation, that would equal $3,000 in real terms today. $3,000 is this cycle’s coming peak, David Garofalo, CEO of Gold Royalty Corp. told David…

What an Evergrande collapse means for gold, global growth - Steve Hanke

What an Evergrande collapse means for gold, global growth – Steve Hanke

Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the impact that Evergrande’s current struggle has on the global commodities complex. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Steve Hanke…

$10k gold, credit collapse, dollar devaluation: This is the ‘course of the empire’ – Dan Oliver

$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,…

Fed will never taper because consequences will be ‘catastrophic’ – E.B. Tucker

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

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…

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