Kitco NEWS
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.
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11:03 Popular
Gold miners 'punished' for fighting Fed, expect high rates to last - Kai Hoffmann
Added 190 Views / 0 LikesKai Hoffmann, founder of Soar Financial and CEO of Oreninc, joins Kitco News Reporter Ernest Hoffman to discuss the impact of Fed rate hikes, base versus precious metals, and where the money is flowing in the resource sector. They also discuss what big M&A moves could do for junior mining stocks. Follow Soar Financial on Twitter: @soarfinancial (https://twitter.com/soarfinancial) Follow Oreninc on Twitter: @Oreninc (https://twitter.com/oreninc) Follow
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43:00 Popular
FedNow launched in midst of banking crisis, is it a precursor to CBDCs, 'totalitarian' control?
Added 251 Views / 0 LikesRichard Werner, Economics Professor and Author of "Princes of the Yen," and Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, discuss the Federal Reserve's FedNow instant payments system, and whether it will be used to usher in Central Bank Digital Currencies (CBDCs), digital tokens issued and controlled by central banks. Werner explains what CBDCs are, and warns that they will be used to bring about 'totalitarian' control and a surveill
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10:33 Popular
U.S. dollar has become 'political' and a 'house of cards', gold is how to hedge - Randy Smallwood
Added 138 Views / 0 LikesRandy Smallwood, President and CEO of Wheaton Precious Metals and Chair of the World Gold Council, joins Kitco News Reporter Ernest Hoffman to discuss inflation, Fed tightening, and its effects on gold and gold miners. They also touch upon the decline of the U.S. dollar. Follow Wheaton Precious Metals on Twitter: @Wheaton_PM (https://twitter.com/Wheaton_PM) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 - M&A in go
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16:52 Popular
Gold will hit $2,500 in 2023 as inflation 'eats away' at wealth – Deven Soni, Matador Gold
Added 323 Views / 0 LikesDeven Soni, CEO of Matador Gold Technologies, spoke with Kitco News journalist Ernest Hoffman at the recent PDAC 2023 mining convention in Toronto, where he said that the lack of regulation is keeping the precious metals investor community from getting into gold on the blockchain, but retail investors will move into gold once the reality of high inflation and weak equities sets in. He also spoke about which countries are likely to explore gold-backed
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13:34 Popular
Ukraine ‘a wake-up call’, expect ‘dramatic price movement’ in uranium – Scott Melbye of UEC
Added 164 Views / 0 LikesScott Melbye, Executive VP of Uranium Energy Corporation and President of the Uranium Producers of America, spoke with Kitco News journalist Ernest Hoffman at the recent PDAC 2023 mining convention in Toronto, where he said decarbonization and clean energy growth will drive increasing demand for uranium with dramatic moves in price. Melbye also discussed the impacts of deglobalization and Russian sanctions, and the possibility of a bifurcated uranium
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10:15 Popular
Miners must invest in exploration, not buybacks and dividends, to meet gold demand – Alastair Still
Added 117 Views / 0 LikesAlastair Still, CEO of GoldMining, a company with gold and gold-copper projects across the Americas, spoke with Kitco News journalist Ernest Hoffman at the recent PDAC 2023 mining convention in Toronto, where he said that mining majors need to invest in exploration instead of buybacks and dividends in order to meet demand. He also spoke about the company's recent U.S. IPO, investor sentiment, and gold prices in 2023. Follow Kitco News on Twitter: @Kit
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39:13 Popular
Credit Suisse sign of ‘financial crisis 2.0,’ BTC will drop to $13k before rally - Gareth Soloway
Added 154 Views / 0 Likes@GarethSolowayProTrader, Chief Market Strategist at InTheMoneyStocks.com and President of @verifiedinvesting to discuss the crash in Credit Suisse's stock price, whether it implies contagion for the banking industry more broadly, and the next steps of the Federal Reserve. Soloway discuss his macroeconomic outlook, and his price forecasts for Bitcoin, gold, silver, oil and other assets. Follow Michelle Makori on Twitter: @MichelleMakori (https://twitte
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19:51 Popular
Inflation won't recover to 2%, this could consume nearly 100% of silver by 2030 – Peter Krauth
Added 120 Views / 0 LikesPeter Krauth, editor of SilverStockInvestor.com and author of best-seller The Great Silver Bull, spoke with Kitco News journalist Ernest Hoffman at the recent PDAC 2023 mining convention in Toronto, where he said silver prices are set to skyrocket by 2030 as investment and industrial demand, particularly solar, will overwhelm supply. Krauth also discussed the impact of government stimulus and realignments in investment portfolios on precious metals. F
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42:28 Popular
China is turning 'alpha dog' in global politics, BRICS currency gaining traction - Michael Wilkerson
Added 226 Views / 0 LikesMichael Wilkerson, Founder of Stormwall Advisors and Author of "Why America Matters," joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss China's recent mediation of diplomatic relations between Iran and Saudi Arabia, and what this means for China's status as a world power going forward. Wilkerson and Makori also discuss the escalating tensions between the U.S. and China with increasingly hostile rhetoric from the Xi admin
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56:44 Popular
SVB collapse aftershocks: Expect this for bank contagion, Fed, gold and Dollar - Matt Piepenburg
Added 244 Views / 0 LikesMatthew Piepenburg, Commercial Director at Matterhorn Asset Managment, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the ramifications of the collapse of Silicon Valley Bank and Signature Bank including contagion to the banking sector and the Federal Reserve’s next moves . Piepenburg gives his outlook on inflation, the gold price, de-dollarization, and Central Bank Digital Currencies, and what it all means for invest
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37:21 Popular
Stocks to crash 15%-20% by summer, brace for '14 months of pain' - E.B. Tucker (Part 2/2)
Added 137 Views / 0 LikesWatch part 1 here: https://youtu.be/2VULVHfWstw Recording date: February 28, 2023 E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now", joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, to discuss why he believes we are in for '14 months of pain' as the Fed continues to offload its balance sheet in the midst of a recession. He also explains why he expects stocks to crash by 15-20% by the summer, and the recent
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16:47 Popular
Mining stocks have a +85% upside, and this could triple the gold price – Tavi Costa
Added 171 Views / 0 LikesTavi Costa, Portfolio Manager and Partner at Crescat Capital, joins Ernest Hoffman, Reporter at Kitco News, to discuss gold miners, the gold price, and his overall macroeconomic outlook. Costa and Hoffman spoke at the 2023 PDAC in Toronto, Ontario. Follow Ernest Hoffman on Twitter: @ernest_news (https://twitter.com/ernest_news) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Tavi Costa on Twitter: @TaviCosta (http
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44:34 Popular
Massive cyberattack by 2030 will usher in CBDCs & ‘total control' - E.B. Tucker (Part 1/2)
Added 130 Views / 0 LikesWatch Part 2 here: https://youtu.be/6QikuqMAkvY E.B. Tucker, Director at Metalla Royalty and Author of "Why Gold? Why Now", joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, to discuss why he thinks a cyberattack will be used as pretense to bring in Central Bank Digital Currencies (CBDCs) like FedCoin, giving government unprecedented control. Tucker discusses how to protect one's wealth in this scenario and the role of gold and si
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28:26 Popular
U.S. still importing Russian uranium, prices will soar with new sanctions - Amir Adnani
Added 187 Views / 0 LikesAmir Adnani, CEO and President of Uranium Energy Corp, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the latest developments in uranium markets, including whether sanctions could be placed on Russian uranium. Adnani also discusses opportunities for investors to benefit from what he sees as the inevitable rising prices of Uranium, the effects of the ongoing Russia-Ukraine war on energy supply chains, the transition to
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10:22 Popular
Federal Reserve Chair Powell says the Fed needs to raise rates higher
Added 154 Views / 0 LikesFederal Reserve Chair Jerome Powell told U.S. lawmakers that interest rates are likely going higher than expected, and the central bank is prepared to revert back to bigger rate hikes. "The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated," Powell testified before the Senate Banking Committee. Powell was also grilled on the U.S. dollar,
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46:43 Popular
This asset will 10X by 2027 as gold hits $5k - Rob McEwen
Added 277 Views / 0 LikesRob McEwen, Executive Chairman of McEwen Mining, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discus how the devaluation of fiat currencies could push gold to $5k per ounce by 2027, and another metal will gain by 1,000%. McEwen also discusses his copper mine's deal with automaker Stellantis and multinational mining company Rio Tinto, as well as his outlook for copper, which he claimed with be a crucial metal as the world hastens
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38:49 Popular
Stocks to crash 30% in 2023, only these equities will thrive - Pierre Lassonde
Added 123 Views / 0 LikesThe stock market is poised to crash 30% in 2023 as the U.S. enters a 'significant' recession, according to Pierre Lassonde, Chairman Emeritus of Franco-Nevada and CEO of Firelight Investments. Lassonde claims that inflation will hit 10% by 2026, and that he is positioning himself with gold, silver, and commodities -- including copper, which he forecasts will hit $7 by 2028. He also discusses his gold forecast, de-dollarization, and gold mining stock p
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44:44 Popular
Will Elon Musk buy a silver mine? Silver to $125 as EV companies drive demand - Keith Neumeyer
Added 346 Views / 0 LikesCar companies are interesting in potentially acquiring silver mines, as vertical integration happens across sectors, says Keith Neumeyer, President and CEO of First Majestic Silver (NYSE: AG; TSX: FR). Neumeyer discusses how rising industrial demand will send the silver price to triple-digits, and why he is optimistic about gold in 2023. Speaking with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, he also discussed First Majestic's mi
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00:38 Popular
Kitco NEWS will be in Toronto, Canada for the PDAC convention March 5-8, 2023
Added 139 Views / 0 LikesGet ready for this year’s Prospectors & Developers Association of Canada (PDAC) convention in Toronto, Canada! Join @kitco and @KitcoMining at the world's premier mineral exploration & #mining convention, where our team will cover all the action. @KitcoMining is also set to give out the Mining CEO Of The Year 2022 Award to two of the mining sector’s most impactful leaders. Subscribe now to stay up-to-date with the latest coverage. Brought to you by Ur
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28:47 Popular
Emerging markets are leading crypto adoption, this is why - Wei Zhou
Added 150 Views / 0 LikesBecause of crypto's ability to generate returns that, in real terms, are valuable to those in emerging markets, crypto adoption is seeing massive gains in EM countries according to Wei Zhou, CEO of coins.ph, a crypto exchange based in the Philippines. He spoke with David Lin, Anchor and Producer at Kitco News, about the changing crypto industry, regulation, and Bitcoinization. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
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55:36 Popular
Banking crisis has just begun, could lead to 100% inflation, This is what may force Fed to print
Added 226 Views / 0 LikesIs the banking crisis over or just beginning? Andrew Axelrod, global macro and Bitcoin expert, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the recent buyout of First Republic Bank and the future of banking in the United States, as Axelrod forecasts more failures and 'consolidation' within the sector potentially paving the way to a CBDC. Axelrod highlights the problems in the commercial real estate sector, which many reg
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00:58 Popular
Gold will be 2023's best-performing asset
Added 155 Views / 0 LikesGold will be 2023's best-performing asset and could reach $2,400 by the end of the year, @GarethSolowayProTrader tells Michelle Makori. To find out his other market forecasts, watch the full interview here: https://youtu.be/2INAcG5AB1M Brought to you by Prime XBT
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01:00 Popular
Economic 'catastrophe' ahead for U.S.?
Added 138 Views / 0 LikesAs the U.S. economy grapples with high inflation and slower growth, U.S. Treasury Secretary Janet Yellen sounds alarm on a looming economic catastrophe if #debtceiling is not raised. Master trader @GarethSolowayProTrader discusses how to navigate the markets with Michelle Makori - https://youtu.be/2INAcG5AB1M Brought to you by Prime XBT
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00:57 Popular
As dollar falls, these assets will rally #shorts
Added 155 Views / 0 LikesAs dollar falls, these assets will rally 💎 #shorts The dollar is on a 'down trend,' meaning #gold and #Bitcoin will continue to rally according to Will Rhind. To find out what this means for the markets, watch the full interview - https://www.youtube.com/watch?v=xOVC7UdjpBc
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50:37 Popular
$10 trillion could be ‘wiped’ from banks as crisis escalates, Bitcoin is your insurance - Greg Foss
Added 138 Views / 0 LikesWill the ongoing banking crisis cause gold and Bitcoin to rally? Greg Foss, Bitcoin Strategist and Executive Director at Validus Power Corp, and Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, discuss the Federal Reserve's latest rate hike decision, along with Powell's statement that the U.S. banking system is 'sound and resilient' -- which Foss disputes. Foss claims that more banks will fail, and that $10 trillion could be 'wiped out
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02:53 Popular
U.S. and China are on 'brink of war' as gold sees record highs and banking sector troubles intensify
Added 134 Views / 0 LikesGold's price action was defined by major volatility this week. Gold Comex futures tested record highs as the banking sector troubles intensified. Markets also dissected Federal Reserve Chair Jerome Powell's messaging, while Friday's stronger-than-expected U.S. employment report weighed on gold. Here's a look at Kitco's top three stories of the week: 3. Comex gold prices test record highs and touch $2,085 an ounce. https://www.kitco.com/news/2023-05
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46:54 Popular
Fed will cut in 2023 as ‘panic’ sets in, gold will soar but this will yield better returns - Tiggre
Added 141 Views / 0 LikesGold will hit new all-time highs this year as the Fed pivots. That is according to Lobo Tiggre, Editor of The Independent Speculator, who joined Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Tiggre argued that a recession and stock market correction could happen this year, and that 'blood in the streets' will cause the Fed to cut rates by the end of the year. He also discussed how trends in de-dollarization will affect gold and silv
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00:53 Popular
Banking crisis could spark more collapse and ‘contagion’ #shorts
Added 160 Views / 0 LikesBanking crisis could spark more collapse and ‘contagion’ 🏦 #shorts Is the banking crisis over? Greg Foss, Bitcoin strategist & executive director at Validus Power Corp doesn’t think this is the end of the banking crisis and tells Michelle Makori that more top U.S. banks will fail. Find out what this means for the banking industry here - https://youtu.be/ax-_Tb9zsXQ Brought to you by Prime XBT
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05:40 Popular
Fed Chair Powell signals rate hike pause: here are key comments
Added 153 Views / 0 LikesFederal Reserve Chair Jerome Powell signaled a potential pause in tightening following another 25-bps rate hike. The Fed's tenth consecutive increase brought the federal funds rate to a 5-5.25% range – the highest since mid-2007. But the May statement included a "meaningful" change, said Powell, pointing to the decision to omit the wording of "some additional policy firming may be appropriate." _________________________________________________________
