$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 […]
White House denies recession; Commodities to rally by year-end – Will Rhind
Will Rhind, CEO of GraniteShares, joins Kitco’s Anchor and Producer David Lin to discuss recession concerns, inflation, commodities markets, and gold. 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 – Recession and FOMC meeting 4:40 – Unemployment 9:43 – Banks and […]
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 – […]
Cryptocurrency mining in Kazakhstan is leading to power shortages
2021-11-28 14:12:56 Cryptocurrency mining consumes a massive amount of energy, and that’s prompting a crisis in Kazakhstan. The Financial Times reports the country’s electrical grid operator KEGOC said it would start rationing electricity for 50 registered miners after their demand reportedly invoked an emergency shutdown mode at three power plants in October. They’ll also be […]