gold

Recently, Michelle Makori of Kitco News engaged in an insightful discussion with Jared Dillian, a seasoned financial expert and author. Jared Dillian is a financial writer, investment strategist, and former Wall Street trader. He is well-known for his expertise in financial markets and for writing in a way that makes complex investment topics accessible to […]

Ray Dalio, Founder, CIO Mentor, and Member of the Bridgewater Associates Board, is Founder, CIO Mentor, and Member of the Bridgewater Associates Board. Dalio is known for his principle-based approach to investing, emphasizing the study of historical economic cycles to mitigate risks. His focus on data-driven analysis and a deep understanding of macroeconomic forces have […]

In a recent thread shared on social media platform X, renowned financial analyst Lyn Alden provided an in-depth look into the nuances of purchasing gold, highlighting the trade-offs between cost, verification, and size. Alden is well-known in the financial sector for her expertise in investment strategies and economic analysis. She runs Lyn Alden Investment Strategy, […]

As we navigate through 2024, gold remains a beacon of stability amid a tumultuous global backdrop characterized by geopolitical conflicts and economic fluctuations. According to a report by CNBC published on 16 April 2024, Goldman Sachs has recently reaffirmed its confidence in gold, terming the market as an “unshakeable bull market.” The firm has raised […]

In a recent update on social media platform X, prominent on-chain analyst Willy Woo shared an intriguing analysis of Bitcoin’s potential future valuations in light of the spot Bitcoin ETFs launched in the U.S. in January 2024. Woo predicts that the price of Bitcoin could reach as low as $91,000 during bear market lows and […]

Sprott Inc. (NYSE: SII) is a global investment firm headquartered in Toronto, Canada, specializing in precious metals and real assets investing. Sprott offers a range of investment solutions, including physical bullion trusts, mining ETFs, equity-managed accounts, and debt and private equity strategies. Sprott is well-known for its expertise in the precious metals sector, particularly in […]

Mizuho Securities is a major Japanese investment banking and securities firm. It is a subsidiary of Mizuho Financial Group, one of the largest financial services companies in Japan, which also includes Mizuho Bank and Mizuho Trust & Banking. On 12 April 2024, Dan Dolev, a senior research analyst at Mizuho Securities, joined CNBC’s “The Exchange”, […]

On 11 April 2024, during a CNBC “Power Lunch” segment, Chris Mancini, associate portfolio manager at Gabelli Gold Fund, offered a detailed examination of the current dynamics in the gold market. Despite noticeable outflows from gold-backed ETFs, a situation that typically leads to lower prices, the price of gold has been moving higher. This intriguing […]

Bitcoin halving is a programmatic event embedded within the Bitcoin protocol, designed to regulate its finite supply. Approximately every four years (or more precisely, every 210,000 blocks), the block reward issued to miners is automatically halved. The upcoming halving, estimated for April 2024, will reduce the block reward from its current 6.25 BTC to 3.125 […]

On April 8, 2024, Zimbabwe officially launched its new gold-backed currency, the ZiG (Zimbabwe Gold). According to a report by Kitco News published on April 5, the introduction of the ZiG is a significant step towards establishing a solid and stable national currency and combating the country’s economic instability and rampant inflation. The Reserve Bank […]

Costco, the well-known warehouse retailer, has apparently become a go-to destination for Americans looking to invest in gold bars, according to an article published by The Wall Street Journal (WSJ). The retail giant began offering gold bars online and in select stores last year, and the response has been overwhelming. Costco has reported selling out […]

On April 2, David Spika, Chief Market Strategist at Turtle Creek Wealth Advisors, shared his insights on CNBC’s “Power Lunch” regarding the investment dynamics between Bitcoin and gold, especially against the backdrop of the current fiscal situation in the US and global economic conditions. Spika opened by addressing the anomaly in gold’s performance amidst expectations […]

In a recent conversation with Anthony Pompliano, Dan Tapiero, CEO & CIO at 1RoundTable Partners and 10T Holdings, shares his in-depth views on Bitcoin, its position within the macroeconomic landscape, and the future of digital assets. Tapiero begins by reflecting on the macroeconomic backdrop that has evolved since 2020. He says that unlike the previous […]

In a financial landscape increasingly captivated by the allure of cryptocurrencies, Sharmin Mossavar-Rahmani stands as a steadfast beacon of skepticism. As the Chief Investment Officer of Goldman Sachs Wealth Management for over two decades, Mossavar-Rahmani has adeptly navigated through the complexities of the financial markets, advocating for traditional investment principles. Despite the escalating trend of […]

Gold prices reached new heights on Monday, driven by a cocktail of investor anticipation for U.S. interest rate cuts and the metal’s enduring appeal as a safe-haven asset. Around 4:00 a.m. UTC on April 1, the spot gold price hit a new all-time high of $2,265.77 an ounce. Currently (as of 5:15 p.m. UTC), spot […]

In a landmark development for the financial industry, HSBC has introduced a groundbreaking service to its retail customers in Hong Kong, marking the bank’s foray into the fusion of digital and traditional assets. The South China Morning Post (SCMP) reports that HSBC has launched the HSBC Gold Token, a blockchain-based representation of physical gold, underscoring […]

On March 25, during an interview on CNBC’s “Closing Bell: Overtime,” Joe Cavatoni, Market Strategist at the World Gold Council (WGC), discussed the current prospects for gold investment, especially in light of the commodity nearing all-time highs. The conversation, led by co-anchor Jon Fortt, delved into the reasons behind gold’s appeal to investors, the impact […]

In a recent update shared on social media platform X on March 25, Robert Kiyosaki announced his intention to increase his Bitcoin holdings by an additional 10 coins before April. This decision is strategically timed with the upcoming Bitcoin “Halving,” an event that historically impacts the digital currency’s value. Kiyosaki’s move underscores his belief in […]

According to CoinDesk, in a recent research report, JPMorgan challenged the notion that investors are shifting their assets from gold to bitcoin (BTC) this year. The report, spearheaded by Nikolaos Panigirtzoglou and his team, illustrates that both institutional investors and private individuals have concurrently amplified their stakes in gold and Bitcoin throughout the current year […]

In a recent article published on Yahoo Finance, Bloomberg macro strategist Simon White shed light on the growing trend of central banks accumulating gold reserves. According to White, this move is driven by concerns over the potential erosion of the dollar’s real value due to persistently large U.S. fiscal deficits and the looming threat of […]

In a remarkable turn of events, Bitcoin and gold have simultaneously reached record highs, sending conflicting signals about the global market’s risk appetite, as reported by Richard Henderson from Bloomberg News. This apparently marks the first time the two assets have concurrently hit all-time highs since Bitcoin’s emergence more than a decade ago. Traditionally, gold […]

In an appearance yesterday on CNBC’s “Squawk Box,” Anthony Pompliano, founder of Pomp Investments, discussed the current bitcoin rally, its potential heights, and the factors driving its ascent. Pompliano began by acknowledging Bitcoin’s return to record highs, a level not seen since a couple of years ago. He pointed out the importance of understanding the […]

On March 4, in an interview with CNBC, billionaire Mark Cuban shared his thoughts on a wide range of topics, including crypto and gold. Cuban, known for his straightforward and candid opinions, talked about the complexities of the healthcare industry, the potential of cryptocurrencies like Bitcoin and Ethereum, and his vision for revolutionizing access to […]

In a recent interview with Kitco News, Jesse Felder shared his thoughts on the current state of the gold market and the potential for significant gains in the coming years. As reported by Neils Christensen of Kitco News, Felder believes that gold’s technical and fundamental outlooks are both robust, setting the stage for the precious […]

Investor interest in the commodities market is undergoing a noticeable transformation, with copper emerging as the preferred investment for 2024, overshadowing battery metals, while gold and silver maintain steady appeal. According to an article by Neils Christensen published by Kitco News on February 29, this shift in focus was highlighted at the 33rd annual Global […]

Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, shared his insights on a range of topics including the state of the economy, the latest bitcoin rally, and the outlook for cryptocurrency demand during his appearance on CNBC’s “Squawk Box” on February 27, 2024. Here’s a detailed exploration of his viewpoints: The Economy and […]

In the latter half of 2023, the UK’s economic landscape faced significant challenges, entering a recession that set a complex stage for Prime Minister Rishi Sunak’s administration, as reported by Reuters on February 15, 2024. According to Reuters, the period saw the Gross Domestic Product (GDP) decrease by 0.3% in the quarter ending in December, […]

CNBC reports that Citi Research predicts three potential catalysts for a surge in gold prices, potentially reaching $3,000 an ounce within 12-18 months. Aakash Doshi, Citi’s Head of North American commodities research, identifies these catalysts as a rapid increase in central bank gold purchases, stagflation, or a severe global recession. Firstly, CNBC highlights Doshi’s view […]

There is a renewed debate between gold and Bitcoin as market sentiment toward investment assets shifts. As Kitco News reported yesterday, with the SEC approving 11 spot Bitcoin-backed exchange-traded products on January 10, spot Bitcoin ETFs have attracted over $4 million in inflows. Meanwhile, global gold ETFs saw outflows exceeding $3 billion since early January, […]

In an analysis by Kitco News on February 19, the dynamics of the gold and silver markets were explored, revealing a complex interplay between inflation fears, hedge fund strategies, and speculative bets. Despite the challenges, both precious metals have shown remarkable resilience, holding critical support levels even as the broader commodity space faces speculative outflows, […]

In a comprehensive analysis shared on SchiffGold’s YouTube channel, Peter Schiff, a renowned financial analyst and vocal critic of prevailing economic policies, dives into the intricacies of US inflation, its repercussions on the gold market, and the intriguing dynamics surrounding Bitcoin ETFs. The Inflation Dilemma: A Closer Look Schiff expresses grave concerns over the US […]

In the world of finance and investment, gold has long been revered as a symbol of wealth and a hedge against economic uncertainty. Recent activities by central banks around the globe underscore the precious metal’s enduring appeal and strategic importance. Krishan Gopaul, a senior research analyst at the World Gold Council (WGC), provides invaluable insights […]

In a recent detailed discussion with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Matthew Piepenburg, Partner at Matterhorn Asset Management, delved into the nuances of the de-dollarization trend and its implications for the pricing of dollar-denominated gold. Piepenburg, who is also a board member at SignalsMatter.com, brings a wealth of knowledge in real […]

In a compelling interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Charles Payne, a well-respected economic analyst and the host of “Making Money with Charles Payne” on the Fox Business Network, shares his trenchant insights into the financial world, with a particular focus on the precarious status of the U.S. dollar, the […]

Kitco News reports that as the Chinese New Year (CNY) approaches, gold traders and investors are closely monitoring consumer purchases in China, the globe’s largest market for precious metals. This year’s CNY, marking the year of the Wood Dragon, is anticipated with interest due to unique factors that may influence gold sales. Despite high gold […]

Despite moderating its pace slightly in January 2024, the People’s Bank of China (PBOC) remains a significant player in the global gold market. As Neils Christensen reported for Kitco News earlier today, the Chinese central bank purchased another 10 tonnes of gold in January. This purchase represents the 15th consecutive month of increasing official gold […]

The launch of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. on January 11 marked a significant milestone for digital assets, drawing parallels to the debut of the first spot gold ETF in 2004. According to a report by Jordan Finneseth for Kitco News, this development has not only legitimized Bitcoin as […]

Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, recently shared his insights on the potential performance of gold relative to Bitcoin in 2024. McGlone suggests that gold may have an advantage over Bitcoin in 2024, especially with the anticipated launch of U.S. Bitcoin ETFs. He notes that Bitcoin, which led most risk assets down […]

Mike McGlone, a Senior Macro Strategist at Bloomberg Intelligence, has shared a detailed outlook on the gold market for 2024, focusing on several key economic indicators and market trends. McGlone observed that towards the end of 2023, gold investors might have been influenced by the belief that the U.S. equity markets had risen excessively after […]

Dan Tapiero, a seasoned macro investor, has shared his optimistic outlook for Bitcoin (BTC) in 2024, predicting a substantial upward trend. Bitcoin’s Projected Growth in 2024 Strong Year-to-Date Performance: Tapiero highlights Bitcoin’s remarkable growth, noting a 160% increase year-to-date and its approach towards a high year-end close. Institutional Investment Inevitability: He emphasizes that Bitcoin’s track […]

The price of the flagship cryptocurrency Bitcoin has recently surpassed the $40,000 mark for the first time since May 2022 to now trade at $41,400, but gold bug Peter Schiff has said that while it still has a way to go before reaching a new high, the precious metal has “completely broken out.” In a […]

Gold On The Brink of a Historic Breakout: Analysts Weigh In In a series of insights and predictions from notable financial analysts, gold has been highlighted as a key player in the upcoming economic shifts. The precious metal is not only hitting record highs but is also positioned for potential future gains amid global economic […]

In a recent interview with Bloomberg Television, Michael Cuggino, President and Portfolio Manager at Permanent Portfolio Family of Funds, shared his insights on the current state and future prospects of gold, the dollar, and fixed-income investments. Gold’s Current Position and Future Outlook: Cuggino noted that gold has been at its highest level in six months, […]

In a recent LinkedIn post, Jurrien Timmer, the Director of Global Macro at Fidelity Investments, offered an insightful analysis of the role of Bitcoin and gold as potential stores of value in investment portfolios. His observations are particularly relevant in the context of modern portfolio management strategies. Gold’s Consistent Performance and Sharpe Ratio: Timmer highlights […]

Jurrien Timmer, the Director of Global Macro at Fidelity Investments, has shared his insights on Bitcoin’s current market activity, drawing parallels with historical financial patterns. On 1 November 2023, Timmer took to the social media platform X (formerly known as Twitter) to share his perspective on the cryptocurrency’s trajectory, echoing his late 2020 thesis. Timmer […]

On October 20, Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, shared his financial predictions for silver, gold, and Bitcoin, sparking conversations among investors and financial analysts alike. Robert Kiyosaki is a financial educator, entrepreneur, and the bestselling author of “Rich Dad Poor Dad,” a book […]

Earlier today, Peter Schiff, the CEO of Euro Pacific Capital, criticized Bitcoin and its supporters in a post on the social media platform X (previously known as Twitter). In addition to his role at Euro Pacific Capital, Schiff has various other financial responsibilities. He is involved with Euro Pacific Asset Management, an independent investment advisory […]

Central banks around the world continue to be a major force in the gold market, helping the precious metal maintain its long-term support levels despite the challenges posed by rising bond yields and a strong U.S. dollar, according to a Kitco News article, which cites data from the World Gold Council (WGC), by Neils Christensen. […]

Recently, Peter Schiff, the CEO of Euro Pacific Capital and a long-time critic of Bitcoin, made a series of alarming statements on social media platform X, formerly known as Twitter. He also holds multiple positions in other financial firms, such as Euro Pacific Asset Management, an autonomous investment advisory service; Schiff Gold, previously known as […]

Costco, the retail giant renowned for offering a wide range of products at discounted prices, has recently added an unexpected item to its inventory: 1-ounce gold bars. While the exact price is available only to Costco members, online discussions suggest that the bars were priced at just under $1,900. As of 1:30 p.m. UTC on […]

In a recent discussion with Kitco News, Kristina Hooper, the Chief Global Market Strategist at Invesco, shared her insights on the current economic landscape in the United States and its implications for the gold market. Hooper expressed skepticism about the Federal Reserve’s optimistic outlook for a smooth economic transition, suggesting that the U.S. is more […]

According to a report by NBC, U.S. Senator Robert Menendez, a Democrat from New Jersey (and a well-known critic of Bitcoin), has been formally charged with bribery. The charges stem from allegations that Menendez and his wife, Nadine Menendez, accepted significant sums of money, gold, and other benefits as part of an unethical relationship with […]

According to a report by Ernest Hoffman for Kitco News published yesterday, data from the International Monetary Fund’s (IMF) International Financial Statistics (IFS) reveals that Russia’s Central Bank increased its gold reserves in August 2023. The reserves have apparently returned to their initial levels at the start of the year, at 2,333 tonnes. This information […]

In a recent in-depth interview Peter Schiff, a well-known economist and gold advocate, revealed mounting concerns regarding the stability of the U.S. dollar, saying there’s “going to be a massive crisis,” that will send “the economy into a tailspin.” The interview, with David Rodriguez, saw Schiff address the growing debt of the U.S. government and […]

In a recent interview with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, Michael Lee, who is the founder of Michael Lee Strategy, said that he believes the gold price will reach $5,000 an ounce within three years. He attributed this to the fact that the U.S. economy is already in recession and that […]

Carley Garner, co-founder of brokerage firm DeCarley Trading, has recently said that gold has been holding critical support levels and is now in a position to move into new all-time highs, at a time in which the U.S. dollar is losing momentum. According to Kitco News, Garner predicted that the U.S. dollar index (DXY), which […]

In the crypto space, cryptocurrencies (especially Bitcoin) are often hailed as the “digital gold” of the 21st century. However, George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, urges caution. His firm operates the world’s largest gold exchange-traded fund (ETF), and he’s skeptical about the idea of cryptocurrencies replacing the time-tested value of gold. […]

Robert Kiyosaki, best known for his influential personal finance book, “Rich Dad Poor Dad,” has predicted that Bitcoin could surge to an astounding $120,000 in the near term at a time in which the BRICS nations are preparing to launch a gold-backed currency. In a tweet shared with Kiyosaki’s over 2 million followers on the […]

In a recent Twitter thread, James Lavish, the co-Managing Partner of the Bitcoin Opportunity Fund, shared his thoughts on a recent announcement by BRICS nations—Brazil, Russia, India, China, and South Africa. The countries declared their intention to create a gold-backed currency, hinting at an evolving non-Western financial framework. While many observers see this as a […]

In a recent episode of The Breakdown podcast, host Nathaniel Whittemore interviewed Dan Tapiero, co-founder of 10T Holdings and a well-known figure in the investment world. Tapiero, with his extensive experience in macro investing and deep understanding of the global financial system, shared his insights on a range of topics, from the enduring value of […]