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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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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Investors are dumping lower yielding assets like gold to buy higher volatility securities like Tesla shares and bitcoin, said Gareth Soloway, chief market strategist at In The Money Stocks, but Soloway is not selling his gold yet. Soloway’s comments come as Friday’s nonfarm payroll report showed a loss of 140,000 jobs in December, the most…
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When something goes straight up, it usually comes straight back down said Chris Vermeulen, chief market strategist at The Technical Traders, referring to bitcoin’s recent parabolic move upwards. Gold sees upside to the $2,400 an ounce level in 2021 but faces risks of a possible stock market correction that could drag the metal down. 0:00…
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Kevin O’Leary, chairman of O’Shares ETFs and star of Shark Tank, said that the digitization of America is here to stay, even if the economy opens up again. O’Leary has sold off his commercial real estate holdings to redeploy capital into the technology, healthcare, and consumer service sectors. On gold, O’Leary sees the metal as…
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The economy could contract again in 2021, as many small business losses are permanent, and rising unemployment appears to be a trend, said Danielle DiMartino Booth, CEO of Quill Intelligence. 0:00 – Monetary policy 9:49 – Economic growth 12:00 – Inflation __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos…
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Watch part 1 of the interview. Bitcoin is like a call option to the emergence of cryptocurrencies in the world, said Raoul Pal, CEO of Real Vision. “I’ve never seen anything like what is going on right now. You have a limited supply asset that now is a globally recognized brand that everybody knows, but…
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