(Kitco News) Tech billionaire Peter Thiel views bitcoin at $60,000 as signaling "a crisis moment," stating that he regrets not buying more earlier."Bitcoin [at] $60,000 – I'm not sure that one should aggressively buy [at that price]. But surely what it is telling us is that we are having a crisis moment," Thiel said at the second National Conservatism Conference.High crypto prices point to a...Read More
(Kitco News) It's been "a mad world" out there with record-high equities, real estate and more. But the long-awaited surge in gold and silver is coming in the next six months, said Mike Larson, senior analyst at Weiss Ratings."If you're in a world where many assets are over-valued, where real estate is extremely highly valued, stocks are extremely highly valued, and so on. What hasn't run up and r...Read More
Mr. Jim Payne reportsDYNACERT ANNOUNCES ITS TECHNOLOGY IMPLEMENTATION BY SOFINA FOODSDynaCERT Inc. has implemented its flagship HydraGen technology and its telematics HydraLytica technology by Sofina Foods Inc. in Canada.KarbonKleen Inc., a preferred system provider of DynaCERT, has informed the company that Sofina will expand its installation of DynaCERT's technology from four HydraGEN technology...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold pricesare holding decent gains in midday U.S. dealings Monday. Support comes from a weakerU.S. dollar index, firmer crude oil prices and falling U.S. government bondyields on this first trading d...Read More
(Kitco News) Gold prices ticked to daily highs as the headline manufacturing index from the Institute for Supply Management retreated in October but came in above expectations.The ISM manufacturing index was at 60.8% last month, beating the consensus forecast of 60.5%. But the monthly figure marked a 0.3 percentage-point decline from September's reading of 61.1%."This figure indicates expansion in...Read More
Gold, Silver, andPlatinum continue to trade in a malaise. All three remain stuck in a range andshow all the makings of a large move. For now, we assume that move to be up.However, we can expect eventually, either the bears or the bulls will takecharge.Consolidation is a warbetween the bulls and the bears. Bulls buy them until the bears fight back andsell. This rotation can last for an extended per...Read More
Here are five Fastmarkets stories you might have missed on Monday November 1 that are worth another look....Read More
Market participants in the European Union expressed uncertainty on how the flow of European-produced aluminium to the United States will be impacted by a deal to between the US and EU to replace Section 232 import tariffs with a tariff-rate quota (TRQ) system."The news is still fresh and it is not clear yet what it means for the market," one European trader told Fastmarkets."On the European side,...Read More
Mining and metals companies say they're serious about transitioning to a sustainable economy, but whether they can afford to is another matter.Achieving decarbonization throughout the supply chain is going to require a huge amount of investment in technology to reimagine production processes and redesign existing sites.Last week, the International Aluminium Institute estimated that to decarbonize...Read More
A lot of people are thinking that just because many mints are issuing gold bullion and gold coins, that they are basically similar to each other - they aren't.When you invest in coins, you are primarily looking at the collector's value. Sure, there's gold versus silver and other precious metals involved. But the main driver of the value of gold coins and other coins mixed with precious metals is t...Read More
Benefits of Buying Gold in BulkWhether you have already invested in gold or silver, or are just looking at how to start, you have probably seen how expensive it can be, and how much the fees are for vendors. We cover the best gold dealers to make a bulk purchase in high-grade gold and why you should consider wholesale gold bullion instead of just a few coins at a time.Considering Choosing Wholesal...Read More
What Is The Difference?The first question you may be asking yourself when you are trying to decide if you are going to invest in bullion coins or proof coins is: what is the difference between them? Table of ContentsTop DifferencesWhat Does Proof Mean in Coins?Which One Should I Buy?Why Are Uncirculated Coins Worth More?Is a Proof Coin More Valuable?Differences Between Bullion, Proof, & Uncirc...Read More
When it comes to investing in precious metals, everyone's thought goes straight to gold and silver. However, you may be surprised to find out that at this point, gold might not be the best precious metal to invest in this year.Right now, gold is on the rise, making it relatively expensive compared to some other metal prices. Furthermore, considering the recent global events, the demand for gold wi...Read More
There's been a lot of talk in global financial circles about a US Dollar bubble over administrations. You've probably already heard of stock market bubbles or housing bubble. In fact, in 2001, we had a nasty stock market bubble in the Dot-com crash.During 2001 and the years leading up to it, there was a huge appreciation in the stock market value of companies that didn't make money.You'll scratch...Read More
Gold has long been regarded as a prized and unique commodity throughout history. Gold can serve as a financial safety net during times of geopolitical and macroeconomic turmoil because of its role as a global store of wealth.Hedge Against InflationBecause gold's price rises in response to rising living costs, it's historically been a great inflation hedge. When inflation was rampant, gold prices s...Read More
Fortescue Future Industries (FFI) will become the largest supplier of green hydrogen to the United Kingdom after signing a multi-billion-pound deal with construction giant J C Bamford Excavators (JCB) and Ryze Hydrogen (Ryze).Fortescue Future Industries announced the deal today. The company plans to produce zero-emission green hydrogen from 100 per cent renewable sources. Under a memorandum of und...Read More
Owning Metals Has Many AdvantagesGold, the most well-known precious metal, isn't the only option for investors looking for portfolio diversification and inflation protection. If you have a precious metals portfolio, you can diversify by adding silver, platinum, and palladium. Each metal has its own set of risks and rewards.Top Benefits in Investing in Precious Metals1. Hedge against inflationDolla...Read More
While both precious metals are great buys, gold vs silver both have their own unique benefits and downsides.Gold is not as hot as you may think it is. And silver may not be as weak as you think it is. When thinking of investing between these two beneficial precious metals, both metals may not be as clear-cut as you'd like, or as you'd think.Keep the following discussion in mind:Considering the Met...Read More
Mining and metals companies say they're serious about transitioning to a sustainable economy, but whether they can afford to is another matter.Achieving decarbonization throughout the supply chain is going to require a huge amount of investment in technology to reimagine production processes and redesign existing sites.Last week, the International Aluminium Institute estimated that to decarbonize...Read More
Bob Moriarty ArchivesNov 1, 2021When I talk with management of any company wanting to brief me, I try to stay away from the elevator pitch. Every company president or CEO has given it 3,587 times and has it memorized. All they tell you is what they want you to know. Naturally they tend to ignore all the things you really need to know. So in any meeting when I appear to be chatting in reality I am...Read More