Have you given up on gold? Surprising comeback after volatile week
It has been a very volatile week for gold. After dropping $30, the precious metal surged back to its very familiar territory of $1,750-$1,760 an ounce. Soaring U.S. Treasury yields and a higher U.S. dollar were the main obstacles for…
Should you sell stocks now? ‘Gold to shine’ in 2022 – Bill Baruch
Bill Baruch, president of Blue Line Futures, discusses with David Lin, anchor for Kitco News, how long the current stock market correction can last, and the outlook for precious metals in 2022. 0:00 – S&P 500 4:33 – Debt ceiling…
How a junior exploration company built a big moat
An asset that “came along for the ride” during a transaction led to a sizeable economic moat for a battery metals junior. First Cobalt’s CEO Trent Mell spoke to Kitco last week from the company’s refinery in Ontario. __________________________________________________________________ Kitco…
Expect $30 silver price, then $50 soon after, by 2022 – Steve Penny
Once silver breaches $30, there would be minimal resistance keeping it back from hitting $50, said Steve Penny, publisher of The Silver Chartist report. Penney told David Lin, anchor for Kitco News, that $50 or even $30 an ounce for…
$1 trillion platinum coin? The U.S. has this little-known option to pay off debt – Steve Hanke
Steve Hanke, professor of Applied Economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the possibility of the U.S. Treasury minting a platinum coin with a face value of $1 trillion and use that to buy…
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…
Metallum Resources CEO Kerem Usenmez: High Margin Mining Project for the Growing Copper Zinc Demand
Metallum Resources (TSXV:MZN) CEO Kerem Usenmez announced the positive results of their Feasibility Study for the High-Grade Superior #Zinc and #Copper Polymetallic Project located near the town of Schreiber, east of Thunder Bay in #Ontario which confirms an 8.5-year mine…
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…
Robert Kiyosaki: ‘The biggest crash of world history’ hits this October
The whole market, including Bitcoin, gold, stocks, is about to face a serious crash in October, said Robert Kiyosaki, best-selling author of “Rich Dad Poor Dad”. Speaking to Michelle Makori, editor-in-chief of Kitco News, Kiyosaki explained the factors in the…
This is how Yamana Gold plans to beat rising costs – Peter Marrone
Peter Marrone, executive chairman of Yamana Gold, discusses with David Lin, anchor for Kitco News, how a major producer plans to offset inflation in a stagnating gold price environment. Marrone also discusses future plans for the company, production guidance, and…
