‘Copper, nickel, and gold’ have the best investment potential this year – Brent Cook

‘Copper, nickel, and gold’ have the best investment potential this year – Brent Cook

As we head into a ‘recapitulation’ stage for commodities, copper, nickel, and gold will be the best assets to own, said Brent Cook, Founder of Exploration Insights. “I’m very certain that the copper price is going to do well,” he said. “Demand is way going to exceed supply. Nickel is the same. Gold looks good.” … Read more

Stagflation is a ‘perfect storm’ for gold to reach new heights; This is a repeat of history – Peter Marrone

Stagflation is a ‘perfect storm’ for gold to reach new heights;  This is a repeat of history – Peter Marrone

We are on the “cusp of a recession” with certain “stagflation,” breeding a “perfect storm” for gold’s price to rise, said Peter Marrone, Executive Chairman and Founder of Yamana Gold Inc. “It’s difficult for me to predict gold’s price in terms of precision and certainly timeframe,” he said, “but I go back to first principles. … Read more

$300 Silver, $5K gold is possible; Peter Krauth predicts these prices in 5-10 years

0 Silver, K gold is possible;  Peter Krauth predicts these prices in 5-10 years

Due to industrial demand and a shrinking supply, silver’s price will rise to $300, said Peter Krauth, Author of “The Great Silver Bull” and Editor of The Silver Stock Investor online. Krauth discussed his predictions with David Lin, Anchor and Producer at Kitco News, at the PDAC 2022 Conference in Toronto. Gold-Silver Ratios In his … Read more

‘Physical gold, not crypto’ is the only safe haven asset, as the US dollar declines – John Kaiser

‘Physical gold, not crypto’ is the only safe haven asset, as the US dollar declines – John Kaiser

Gold will rise as the US dollar loses its status as the world’s reserve currency, said John Kaiser, Founder of Kaiser Research Online, at the PDAC 2022 Convention in Toronto. He mentioned that China and Russia would form an Eastern axis of economic power. “The US dollar will not be used within the China-Russia axis,” … Read more

What if the Fed can’t stop inflation? This is when Bitcoin’s bear market could reverse

What if the Fed can’t stop inflation?  This is when Bitcoin’s bear market could reverse

(Kitco News) Even the Federal Reserve admits it can’t lower food or gas prices just by hiking rates. And if it fails, a rate hike reversal could be not that far off, according to Ledn co-founder and CSO Mauricio Di Bartolomeo, who sees Bitcoin’s bear market reversing if that happens. Inflation is soaring, and the … Read more

Survivors of 2022 crypto crash could be the new Amazons and eBays – BOE

Survivors of 2022 crypto crash could be the new Amazons and eBays – BOE

(Kitco News) The companies that survive the 2022 crypto crash could become the new Amazons and eBays of the world, said Bank of England Deputy Governor Jon Cunliffe. There are similarities between the dotcom collapse of 2000 and this year’s crypto price meltdown, Cunliffe said at the Point Zero Forum in Zurich on Wednesday. “The … Read more

The crypto pendulum swings back to ‘real economic value’: can Bitcoin price survive a recession?

The crypto pendulum swings back to ‘real economic value’: can Bitcoin price survive a recession?

(Kitco News) After briefly touching $17,000 over the weekend, Bitcoin is back above $20,000. But can the price outlook recover as recession calls grow and inflation continues to dominate market headlines? Stablecorp CEO Alex McDougall weighs in. When looking at price forecasts for the rest of 2022, investors need to separate crypto’s technology angle from … Read more

The future monetary policy is all about CBDCs, not crypto – BIS’ report

The future monetary policy is all about CBDCs, not crypto – BIS’ report

(Kitco News) “Anything that crypto can do, CBDCs can do better” is the sentence that describes the Bank for International Settlements’ vision for the future monetary policy system. The future of money is all about central bank digital currencies (CBDCs), not crypto. And that’s because of all the flaws that cryptocurrencies pose, especially those that … Read more

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

Crypto Workers Behind Terra and Luna Are Facing a Flight Ban

The ongoing crypto crash has brought a lot of investors back down to earth. In the case of current and former Terraform Labs employees, it’s keeping them literally grounded. Dozens of past and present staff from the company behind two notorious crypto coins, terraUSD and Luna, have been barred from leaving South Korea, according to … Read more