Oil to $200 next year; How gold and silver will perform in the next recession – Bill Baruch
Bill Baruch, President of Blue Line Futures, joins David Lin, Anchor and Producer at Kitco News, to discuss a possible recession, inflation, and which assets will perform best. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Bill Baruch on Twitter: @bill_baruch (https://twitter.com/bill_baruch) 0:00 – Inflation 7:23 – Recessions […]
Can we avoid a recession? 'Markets are responding to shortages' – Mark Skousen
Mark Skousen, Editor-in-Chief of Forecasts & Strategies, says that the U.S. could avoid a recession thanks to low taxes and favorable political developments. He also speaks generally about markets with Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Rich […]
$1500-$1600 is gold's new price floor? This is where demand will come from – Tom Palmer
Tom Palmer, CEO of Newmont, talks about why gold’s price floor is rising higher, and how inflationary pressures and supply shortages are affecting the mining industry. Palmer spoke with David Lin at the PDAC 2022 Convention in Toronto. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Gold […]
Gold is about to explode above $2k; Inflation, USD, interest rates all peaked – Alain Corbani
Alain Corbani, portfolio manager at Global Gold and Precious Fund of Finance SA, discusses the outlook for the gold price with David Lin, Anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Alain Corbani on Twitter: @corbani (https://twitter.com/corbani) 0:00 – Gold price performance 3:15 – […]
Bitcoin may 'relief rally' to $35k this summer; Crypto winter still far from over – Florian Grummes
Florian Grummes, managing director of Midas Touch Consulting, joins David Lin, anchor for Kitco News, to discuss the outlook for Bitcoin. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Florian Grummes on Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes) 0:00 – Bitcoin & Crypto Winter 18:00 – We are already in a […]
Sanctions on Russia will backfire on the U.S., expose failings of dollar, food rationing ahead
Sanctions against Russia are a tool of warfare and will backfire against the U.S. and its allies, leading to food shortages and potential food rationing in the short term, and damaging the U.S. dollar’s dominance in the long term, according to Michael Wilkerson, founder of stormwall.com. “Russia has worked, for the last almost decade, to […]
'Red hot' housing market could explode; 'I'm really nervous' about it – Ex-Trump advisor Steve Moore
An imminent housing market collapse is possible, said Stephen Moore, Chief Economist at FreedomWorks and former Trump advisor. Excessive spending and bad economic policies have caused inflation and a potential recession, he said. Moore spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at FreedomFest 2022 in Las Vegas. Follow Michelle Makori on […]
$2,400 gold within a year as the Fed deflates 'everything bubble' – Rich Checkan
Gold is performing exactly as it should, despite its price being down year-to-date, said Rich Checkan, President and Co-Founder of Assets Strategies International. He also discussed the U.S. dollar, Bitcoin, and the Fed with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at the FreedomFest 2022 conference in Las Vegas. Follow Michelle Makori on […]
Inflation is 'accelerating', will last until 2026; This is the only way to crush it – Art Laffer
With inflation at 9.1%, former Reagan advisor Arthur Laffer, Founder and Chairman of Laffer Associates, joined Kitco News to discuss what it takes to rein in prices. He said that Federal Reserve policy alone won’t help, and that fiscal policy plays an important role. Laffer spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco […]
Fed has chosen the greater of two evils; $12k Bitcoin, 'collateral damage' are next – Peccatiello
A recession is almost a near certainty now, according to Alfonso Peccatiello, author of The Macro Compass. People are just not prepared for what’s coming next, Peccatiello told David Lin, Anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Alfonso Peccatiello: @MacroAlf (https://twitter.com/MacroAlf) Visit The […]
Gold price seen rising above $2,000 on inflation, mining veteran says
2022-08-18 Minutes from the Fed’s last meeting in July released on Wednesday showed that officials saw the need to eventually dial back the pace of rate increases. The participants also warned against over-tightening that could hurt the economy, while flagging the risk of inflation pressures becoming entrenched. Gold has dropped just 4% in 2022 even as […]
Economist who called 9% inflation has this grim forecast for what's next – Steve Hanke
Steve Hanke, professor of Applied Economics at Johns Hopkins University, has accurately predicted that inflation in the U.S. will reach 6% to 9%. With the latest headline CPI release coming in at 9.1%, Hanke told David Lin, Anchor for Kitco News, that inflation has peaked for now. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow […]
Should the Fed hike rates above 9%? 75bps won't fight inflation, only this will – John Cochrane
The Federal Reserve hiked interest rates by 75bps. John Cochrane, Senior Fellow at the Hoover Institution at Stanford University, comments on this rate hike. He also talks about how fiscal and monetary changes are required to fight inflation, as well as whether the gold standard would help control price levels. He also discusses his new […]
Jim Rogers: Worst bear market in his lifetime will follow one last market rally
Jim Rogers offers his analysis of the latest movements in stocks, gold, and commodities. He argues that ‘in a few weeks’ we should expect to see a ‘positive development’ when it comes to the Ukraine conflict, and this might cause a rally in stocks. He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco […]
This is how to invest during a recession – Peter Berezin
Peter Berezin, BCA Research’s Chief Global Strategist talks about how the NBER defines a recession, and whether we are in one. He also discusses inflation, and which assets are best to invest in, including alternative investment vehicles, such as guns and farmland. Berezin spoke with David Lin, Anchor and Producer at Kitco News. Follow David […]
Fed to get even more hawkish, but it won't be enough; Gold to hit $5K – Rob McEwen
Rob McEwen, Chairman and Chief Owner of McEwen Mining Corp, discusses the Fed’s expected rate hike, inflation, gold price predictions, and copper mining. He spoke with Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News. Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Rob McEwen on Twitter: @KitcoNewsNOW […]
Bitcoin has never done this before; Alex Mashinsky gives price outlook, talks Terra collapse
Alex Mashinsky, CEO of the Celsius Network, said that crypto markets will recover, and even inflation is not a long-term concern. Mashinsky spoke with David Lin, Anchor and Producer at Kitco News about the recent crypto crash, LUNA/UST, stable coins, and inflation. 0:00 – The crypto sell-off 6:13 – Inflation and crypto 15:48 – LUNA […]
Are we headed for 'slavery'? Gold is insurance against 'total control' – Bob Moriarty
Robert Moriarty, Founder of 321gold.com, spoke with David Lin about the fight between “good” and “evil”, the Ukraine conflict, and why gold is insurance against geopolitical turmoil. He also discussed other investing implications. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Why buy gold now? 3:45 – […]
U.S. recession still avoidable; This is why gold price is not 'taking off' – Former BOC head Poloz
This is part 1 of the interview. Watch part 2 here, on uncertainty and its investment implications: https://youtu.be/n3c1mfX7KeE There is currently no guarantee of an imminent recession in the U.S., according to former Bank of Canada Governor Stephen Poloz. Speaking to Michelle Makori, Editor-in-Chief of Kitco News, Poloz said that there is still time to […]
Chile currency plunge, inflation rattle Latin America’s copper king
2022-07-11 08:07:55 In an interview with Reuters, Finance Minister Mario Marcel said that the country’s market-orientated model and free-floating exchange rate meant that while the currency could be more volatile, this didn’t necessarily reflect wider strains. “Because (Chile) has a floating exchange rate, it is more volatile than other Latin American countries, but the difference […]
LUNA-UST crash: Can it happen to all stablecoins? – Tether CTO Paolo Ardoino
Paolo Ardoino, CTO of Tether, talks about use cases of Tether, whether stablecoins are safe to invest in, and the company’s new product, Tether Gold (XAUt). Tether is the largest stablecoin backed by USD. Ardoino spoke with David Lin, Anchor and Producer at Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News […]
A food shortage is now a real risk, this is how everyone would be impacted – Will Rhind
Will Rhind, CEO of GraniteShares, discusses the risks of a food shortage and investmet implications of inflation with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Will Rhind on Twitter: @willrhind (https://twitter.com/willrhind) 0:00 – Macroeconomic overview 3:10 – Food shortage 10:13 – […]
Gold is an ‘antique,’ ‘holding [it] didn’t make any sense’ – Former BOC Chief David Dodge (Pt. 2/2)
Watch part 1 of the interview on rising inflation: https://youtu.be/iV38BdlqKFI Gold is an outdated commodity, and the Bank of Canada was right to get rid of its gold reserves. That’s according to David Dodge, former Governor of the Bank of Canada and Senior Advisor at Bennett Jones LLC. Dodge spoke with David Lin, Anchor and […]
It's 'just the start of this inflation monster'; Expect 15-20% inflation next – Randy Smallwood
Randy Smallwood, President and CEO of Wheaton Precious Metals, discusses inflation, supply shortages, and how best to preserve your assets during times of uncertainty. Smallwood, who is also Chairman of the World Gold Council, joins Michelle Makori, Editor-in-Chief and Lead Anchor at Kitco News, at the PDAC Convention in Toronto. Follow Michelle Makori on Twitter: […]
Recession is now very likely but 'incredible opportunities' still exist – Tavi Costa
Tavi Costa, portfolio manager of Crescat Capital, discusses with David Lin, anchor for Kitco News, the likelihood of a coming recession and the assets to invest in during this coming economic downturn. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Tavi Costa on Twitter: @TaviCosta (https://twitter.com/TaviCosta) __________________________________________________________________ Kitco […]
Fight against inflation raises spectre of global recession | Stock markets
2022-06-17 The fight against inflation intensified this week as central banks stepped up their efforts to cool rising prices, and a global recession could be the price we pay. Investors reeled from the biggest rise in US interest rates in almost three decades, before Switzerland piled in with a shock increase in its borrowing costs, […]
Proactive ONE2ONE Virtual Investor Forum – Thursday March 24th 2022
Proactive ONE2ONE #Virtual #Investor Forum – Thursday March 24th 2022 from 6:00 pm GMT. Register here to take part: https://event.webinarjam.com/register/1500/gwwg2h6o4 Hearing the inside story and understanding the team behind the performance is crucial to making informed decisions. Join us to find out more and meet management teams from: #Galliford Try (LON:GFRD) HAN #ETF – SparkChange […]
$3k gold, $50 silver price is next; Double-digit inflation next month 'wouldn't surprise me'
Briton Hill, president of Weber Global Management discusses with David Lin, anchor of Kitco News, how to invest during a rising inflationary environment. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Briton Hill on Twitter: @briton_hill (https://twitter.com/briton_hill) 0:00 – Inflation 4:00 – Real estate 7:30 – Commodity sector […]
Peter Schiff: Fed’s real inflation weapon will crash markets; Fake CPI will only get higher
The Fed is fighting the “inflation fire” with a “squirt gun” of a 25 basis-point hike, which is not enough, according to Peter Schiff, Chief Economist and Global Strategist of Euro Pacific Capital. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Peter Schiff on Twitter: @PeterSchiff (https://twitter.com/PeterSchiff) 0:00 […]
First there was a plague, then war, next is famine and a housing crash – Michael Gayed
Michael Gayed, portfolio manager of Toroso Investments, is warning of a substantial increase in food prices, followed by a housing crisis. Speaking to David Lin, anchor for Kitco News, Gayed is calling the coming scenario a “famine.” Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Michael Gayed on […]
Gold's correction won’t last, inflation is ‘going to the moon’, food shortage coming – Todd Horwitz
Todd “Bubba” Horwitz of BubbaTrading.com discusses gold’s next moves with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Todd Horwitz on Twitter: @Bubba_Trading (https://twitter.com/Bubba_Trading) 0:00 – Market reaction 2:26 – China growth 6:11 – The Fed and inflation 9:16 – Oil, taxes […]
'Nowhere to hide'; $26k Bitcoin, lower gold, and stock market crash are all coming (Pt. 2/2)
Watch part 1 of the interview on global growth: https://youtu.be/woU5zTse0JM “This is an environment where you have nowhere to hide. You can’t buy stocks, you can’t buy gold, you can’t buy Bitcoin,” said Alfonso Peccatiello, author of The Macro Compass. Peccatiello discusses the headwinds that all of these assets face with David Lin, anchor for […]
Global food supply is now in danger; These commodities most at risk from Ukraine war – Ivo Pezzuto
“Challenges in the food and energy markets could get much worse and lead to significant disruptions in the global supply chain if the Russian-Ukraine war stretches out longer than expected,” said Ivo Pezzuto, Professsor of Global Economics, Competitiveness, and Digital Transformation at the International School of Management in Paris. Pezzuto discussed the impact of the […]
Why stocks will continue to fall as the Fed destroys your wealth – Alfonso Peccatiello (Pt 1/2)
Watch part 2 of this interview on Bitcoin, gold price forecasts: https://youtu.be/pzBh67iEfeM The Federal Reserve is engineering a slowdown of aggregate demand, the only way to combat inflation, said Alfonso Peccatiello, author of The Macro Compass. Peccatiello tells David Lin, anchor for Kitco News, that what could end up happening as a result is a […]
Interest rates, markets are at ‘breaking point’, buying the dip this year ‘won’t work’ – Ted Oakley
Mortgages are now at the highest level since January, 2020. Ted Oakley, founder of Oxbow Advisors discusses with David Lin, anchor for Kitco News, the “breaking point” for rates at which consumer spending would start to suffer. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Stock market […]
Stocks, Bitcoin freefall as inflation hits another record at 7.9%, here's what's next – Bill Baruch
Bill Baruch, president of Blue Line Futures discusses the outlook for gold, stocks, oil and Bitcoin with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Bill Baruch on Twitter: @bill_baruch (https://twitter.com/bill_baruch) 0:00 – Stocks 4:32 – Probability of rate hike 8:09 – […]
Has the Fed lost control of inflation? Is a recession next? This is where to invest
Inflation is now at yet another four-decade high, with the headline consumer price index surpassing (CPI) December’s reading of 7% to reach 7.5% in January, according to the latest data release from the Bureau of Labor Statistics. All eyes are now on the reaction of the Federal Reserve. Michelle Makori, editor-in-chief of Kitco News, discussed […]
Bitcoin price will hit $100k this year but it has "stratospheric" potential (Pt. 1/2)
Watch part 2 of the interview here: https://youtu.be/8LHXwbqmJIs History has shown that every fiat currency has lost almost all its value over time. The U.S. dollar will likely suffer a similar fate, but there is an answer to dollar debasement, said Roy Niederhoffer, president and founder of R. G. Niederhoffer Capital Management. R. G. Niederhoffer […]
Peak Inflation Hopes, Oil Dips on US Stockpile
2022-04-14 Global stocks were mostly up Thursday on hopes inflation may be close to peaking. The ECB’s meeting is in focus, and policymakers are expected to open the door to a summer rate hike. Oil prices fell after US crude inventories rose more than expected by 9 million barrels last week. Something is loading. Global […]
War is here: This is how the Fed, gold, markets will respond – Alain Corbani
Alain Corbani, portfolio manager of Finance SA, discusses what the invasion of Ukraine means for gold and monetary policy. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Gold price performance 7:34 – War and economic growth 9:51 – Monetary policy 13:41 – Inflation outlook 20:00 – Real […]
Gareth Soloway reveals top stock picks for 2022, downgrades Bitcoin target to "sub-$20k"
Gareth Soloway, chief market strategist at InTheMoneyStocks.com discusses with David Lin, anchor for Kitco News, his favorite asset class and his top stock picks. Join Gareth Soloway, Lyn Alden, founder of Lyn Alden Investment Strategy, and host David Lin on January 25 at 3:00 pm ET for a special, LIVE panel discussion on Bitcoin, gold, […]
'Black Swan' catastrophes are unlikely, but here's how to prepare for the worst – Jay Martin
Jay Martin, CEO of CambridgeHouse and host of The Jay Martin Show, discusses with David Lin, anchor for Kitco News, the outlook for the economy and some of the safest assets to buy in the event of an economic downturn. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow […]
467k jobs added last month; This is how the Fed, markets will respond – Robert Brusca
Robert Brusca, chief economist at Fact and Opinion Economics, discusses with David Lin, anchor for Kitco News, the economic implications of a massive gain in employment from last month. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) #JobsNumbers #inflation #economics __________________________________________________________________ Kitco News is the world’s #1 source of […]
Inflation is really 15%, highest since 1947; Why is government 'suppressing' data? John Williams
John Williams, founder of ShadowStats, calculates inflation using the same methodology that the government used to have for calculating the consumer price index (CPI). Williams told David Lin, anchor for Kitco News, that the true headline CPI number is loser to 15%, not 7%, as reported by the Bureau of Labor Statistics. Here’s why the […]
Gold market finally realizes Fed is completely wrong; $2,000 now on the way
“With all indicators pointing to inflation continuing to be problematic, the U.S. dollar index leveling off, and crude oil prices remaining high, gold prices could hit $2,000 an ounce this year,” emphasized Jim Wyckoff, Senior Market Analyst at Kitco News. David Lin, Anchor at Kitco News discussed gold and inflation with Wyckoff. __________________________________________________________________ Kitco News […]
Is silver about to see a record year? Gold needs this condition for major rally – Jeff Christian
Jeff Christian, managing director of CPM Group, discusses with David Lin, anchor for Kitco News, how much longer inflation is going to last, and the conditions gold needs for a price rally. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow CPM Group in Twitter: @CPMGroupLLC (https://twitter.com/CPMGroupLLC) 0:00 – […]
Gold price primed for 'substantial' move from threat of war and inflation – Gary Wagner
Tensions in Eastern Europe, as well as inflation that is unlikely to dissipate soon, are forces that will push gold to move “substantially”, said Gary Wagner, editor of TheGoldForecast.com. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Gary Wagner on Twitter: @garyswagner (https://twitter.com/garyswagner) 0:00 – What caused inflation? […]
Bitcoin to crash to $26k as the Fed makes a disastrous mistake – Alfonso Peccatiello
The Fed is tightening into an already slowing economic, and the implications are disastrous for risk assets, said Alfonso Peccatiello, author of The Macro Compass. Peccatiello discussed with David Lin, anchor for Kitco News, his outlook for the economy, Bitcoin, stocks, and gold. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: […]
Gold price rally will power to $2,700, then $7,400 as ‘perfect storm’ brews – Chris Vermeulen
Chris Vermeulen, chief market strategist at https://www.thetechnicaltraders.com/ discusses gold’s price direction with David Lin, anchor for Kitco News. 0:00 – Gold 16:48 – Stocks Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Chris Vermuelen on Twitter;: @TheTechTraders (https://twitter.com/TheTechTraders) #gold #stocks #trading __________________________________________________________________ Kitco News is the world’s #1 […]
Inflation is going to kill the American Dream, prices are not done surging – E.B. Tucker
Inflation is now at the highest level since 1990, but it doesn’t stop here said E.B. Tucker, director of Metalla Royalty and author of “Why Gold, Why Now?” Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Inflation 6:06 – Labor market 10:10 – Living standards 15:22 – […]
Inflation is now at 7%, the highest in 40 years, and will stay until 2024 – Steve Hanke
Headline CPI climbed to 7% in December 2021, the highest level since 1982, according to data released Wednesday by the U.S. Bureau of Labor Statistics. Steve Hanke, professor of applied economics at Johns Hopkins University told David Lin, anchor for Kitco News, that inflation will likely remain elevated until 2024, after which the Federal Reserve […]
Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke
Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%. Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation. 0:00 – Inflation 8:40 – Biden’s Infrastructure Bill 11:10 – Government […]
Already 'vulnerable' stock market will now face the wrath of rate hikes in 2022 – DiMartino Booth
The Fed has signaled lift-off in 2022. What will happen to financial markets? Danielle DiMartino Booth, CEO of Quill Intelligence, discusses the consequences of tightening monetary policy on the economy and asset prices with David Lin, anchor for Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow […]
2022's gold price rally will mirror 2018 to 2020's massive breakout – Chen Lin
The divergence of monetary policies between China and the U.S. has historically correlated with a bottom in the gold price, said Chen Lin, president of Lin Asset Management. 0:00 – Gold/silver 14:02 – Biotech sector Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) #gold #silver #investing __________________________________________________________________ Kitco News […]
Stock markets to crash 90% this year, followed by best buying opportunity in lifetime – Harry Dent
The greatest financial downturn ever will happen this year, and investors will be taking the “biggest risk of [their] life” if they don’t sell now ahead of a complete market wipeout, said Harry Dent, founder of HS Dent Publishing. Speaking to Michelle Makori, editor-in-chief of Kitco News, Dent said that risk assets will sell-off in […]
Expect silver price to fall in 2022, but gold to rally, here's why – Jeff Christian
2022 will see silver and gold prices diverge once again, with silver falling by 2% while gold climbs in value, said Jeff Christian, managing partner of CPM Group. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow CPM Group on Twitter: @CPMGroupLLC (https://twitter.com/CPMGroupLLC) 0:00 – 2021 recap 1:20 – […]
Will the dollar really crash in 2022? FX strategist gives outlook on gold, silver, inflation
Chester Ntonifor, FX Strategist of BCA Research discusses with David Lin, anchor for Kitco News, the direction of the U.S. dollar in 2022. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow BCA Research on Twitter: @bcaresearch (https://twitter.com/bcaresearch) 0:00 – Drivers of FX 6:00 – COVID and USD 7:25 […]
The real reason inflation is transitory – Tim Ghriskey on 'technological deflation'
Headline CPI inflation surged to 6.2% in October, the highest level since 1990. However, prices are unlikely to stay elevated forever, as technological innovations will create a more cost-efficient economy, said Tim Ghriskey, senior portfolio strategist at Ingalls and Snyder. “We’re in this technological revolution. I think it’s greater than the industrial revolution from over […]
50% stock market crash 'wouldn't surprise me'; This is the biggest risk today – Ted Oakley
The biggest risk facing investors right now is the unsustainable stock market valuations that will eventually mean revert, said Ted Oakley, founder and partner of Oxbow Advisors. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Market risk 9:25 – Monetary policy 10:36 – Credit risk 11:36 – […]
Q3 GDP missed expectations; 'At some point, there will be a lot of turmoil' – Peter Berezin
Real gross domestic product (GDP) increased 2.0% on an annual basis in the third quarter. Stagflation should now be a risk on investors’ minds, said Peter Berezin, chief global strategist at BCA Research. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow BCA Research on Twitter: @bcaresearch (https://twitter.com/bcaresearch) 0:00 […]
Friday’s Market Minute: Inflation Has Been Good for the Stock Market
2021-11-19 08:07:00 Higher inflation next year may hinder the U.S. economy to some extent, but there will still be above-average economic growth considering that the labor market has yet to reach full employment. With above-average economic growth and the low cost of financial capital, we should expect overalls gains for equities, but it probably won’t […]
Despite Inflation and Supply Chain Challenges, This IT Company Has a Bright Future
2021-11-18 04:17:00 Vertiv Holdings (NYSE:VRT) went public in February 2020 following a spinoff from Emerson Electric (NYSE:EMR) and subsequent merger with GS Acquisition Holdings Corp II (NYSE:GSAH.U). Vertiv is a data and IT company that primarily serves businesses across three end markets: data centers, communication networks, and commercial and industrial environments. Despite challenges posed by rising […]
Twitter CEO Jack Dorsey predicts hyperinflation, is he right? Steve Hanke responds
Jack Dorsey, CEO of Twitter, recently Tweeted that “Hyperinflation is going to change everything. It’s happening.” Steve Hanke, professor of applied economics at Johns Hopkins University, responds. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke) 0:00 – Hyperinflation 8:03 – Inflation in […]
Stock market: Stocks retreat in Asia as China inflation pushes higher
2021-11-10 00:25:01 Asian shares fell Wednesday, tracking Wall Street’s retreat, with Chinese benchmarks leading the decline after the government reported a surge in inflation in October. China’s consumer price index, a main measure of inflation, rose 1.5% in October, up from 0.7% the month before, the National Bureau of Statistics reported. The surge to a […]
stock market: Market expects US rate hikes to come soon after tapering finishes: Mitul Kotecha
2021-11-10 23:18:00 “The US market rates will move higher as the markets price in Fed rate hikes as inflation continues to remain persistently high. That does cause a problem for a lot of emerging markets and for India,especially if oil prices continue to move higher as well. It could be a big problem for India’s […]
End of bull market? Labor market is heating up, brace for higher wages, inflation – Jim Awad
Nonfarm payrolls grew at 531,000 in October, more than the consensus estimate of 450,000. The unemployment rate has fallen to 4.6%, down from 4.8% the previous month. Jim Awad, senior managing director of Clearstead Advisors said that a recovering labor market is a sign of higher wages to come, which in turn will cause higher […]
Why the taper will be good for the stock market, according to history
2021-11-07 07:00:40 The Fed is tapering, and unlike the central bank’s 2013 reduction in monthly purchases of Treasury bonds and mortgage-backed securities, the stock market took it in stride. Or did it? When then-Fed chair Ben Bernanke surprised the market in 2013 with an indication the Fed would end its bond buying, stocks declined by […]
Bitcoin price is about to go parabolic, but towards $100k or $20k? Soloway and Grummes
Bitcoin is about to see another major breakout after surpassing its previous all-time highs, but will the price move to the upside or the downside? David Lin, anchor for Kitco News, hosts a discussion with Florian Grummes, managing director of Midas Touch Consulting, and Gareth Soloway, chief market strategist of InTheMoneyStocks.com at the Future Blockchain […]
Inflation ‘single biggest threat’ to markets and ‘society in general,’ says investor who called stock-market crash in 1987
2021-10-20 07:57:00 “‘The No. 1 issue facing Main Street investors is inflation, and it’s pretty clear to me that inflation is not transitory. It’s probably the single biggest threat to, certainly, financial markets and I think again, probably, to society just in general.’” — Paul Tudor Jones, Tudor Investment Corp. It’s safe to say that […]
Inflation returns to 13-year high, stocks overdue for ‘fairly significant drawdown’ – Ted Oakley
Headline CPI inflation is now back at 5.4%, up from 5.3% in August, according to data released Wednesday. Ted Oakley, founder and partner of Oxbow Advisors, told David Lin, anchor for Kitco News, that a diversity of hard assets is required to properly hedge against higher consumer prices. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) […]
Stocks Waver After Inflation Data, Major Earnings
2021-10-13 11:50:00 U.S. stocks were mixed in choppy trading Wednesday, with the S&P 500 on pace to snap a three-session losing streak. The broad U.S. stock index added 0.1%, while the Dow Jones Industrial Average edged down 0.1%. The tech-heavy Nasdaq Composite gained 0.5%. Traders parsed fresh inflation data and minutes from the Federal Reserve’s […]
SEC's Gensler: 'A lot of people will get hurt' if crypto remains outside of policy framework
If crypto exchanges and lending platforms are not brought inside the policy framework, “a lot of people will get hurt,” U.S. Securities and Exchange Commission Chair Gary Gensler testified before the House Financial Services Committee. “If we don’t get these [crypto] exchanges, lending platforms inside the public policy framework, a lot of people will get […]
Expect $30 silver price, then $50 soon after, by 2022 – Steve Penny
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 […]