The equilibrium price of uranium, or the price at which miners will be incentivized to resume or increase production, is around $60 a pound. Mart Wolbert, founder and author of the Contrarian Codex Newsletter, told David Lin, anchor for Kitco News, that the price is likely to surpass that equilibrium level in 2022 due to…
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Technology continues to be a major driving force for the changes in the entertainment industries, and one of the effects of technological disruption has been the rise of esports, now bigger than both the music and movie industries combined in terms of revenue. Ralph Simon, CEO of Mobilium Global, discusses with David Lin, anchor for…
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Soon the Federal Reserve will manufacture a central bank digital currency that will be internationally sanctioned, different than Bitcoin and private cryptos, says G. Edward Griffin, author of Creature from Jekyll Island and founder of the Red Pill University. The Federal Reserve has become so powerful over the years that its originally intended roles have…
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Nuclear energy is seeing a major comeback with the demand for uranium stocks soaring, said Scott Melbye, Uranium Royalty Corp CEO and executive VP of Uranium Energy Corp. "Demand for uranium and nuclear generation has responded back to pre-Fukushima levels. We've seen 57 new reactors come online around the world," Melbye told Michelle Makori, editor-in-chief…
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Current valuations for the major cryptos, including Bitcoin, are "miraculous" and prices should be much lower, said Clem Chambers of InvestorsHub.com. Chambers told David Lin, anchor for Kitco News, that there are several other tokens to look at, and in particular, the DeFi space overall has more long-term potential. Follow Kitco News on Twitter: @KitcoNewsNOW…
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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 silver is unlikely to happen by the end of the year. Follow David Lin on…
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David Morgan, editor of The Morgan Report, discusses with David Lin anchor for Kitco News, the scenarios needed for the #silver price to skyrocket, as well as tools investors can use to participate in the marketplace. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow David Morgan on twitter: @silverguru22 (https://twitter.com/silverguru22) 0:00 – SILVER'S PRICE IS…
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Wells Fargo is shutting down all existing personal lines of credit in the coming weeks, and will no longer offer the product to customers. David Morgan of the Morgan Report speaks to our Daniela Cambone about the greater implications of the move. "It is signaling that the U.S. economy is on the edge and that…
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Gold rose more than $70 this week after finally cracking the psychologically important $1,800 an ounce level. Gold hit a 10-week high on much weaker-than-expected U.S. employment data, a lower U.S. dollar, and a retreat in U.S. Treasury yields. Here's a look at Kitco's top three stories. 3. After hitting the $1,800 level, analysts were…
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Watch part 1 of the interview: https://youtu.be/sW3D3rK1Vhg U.S. Treasury Secretary Janet Yellen has proposed a global minimum corporate tax rate for large companies. “We’re working with G20 nations to agree to a global minimum corporate tax rate that can stop the race to the bottom. Together, we can use the global minimum tax to make…
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