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Trump: Bitcoin is a ‘scam,’ it competes against the U.S. dollar

(Kitco News) – Former U.S. President Donald Trump called bitcoin a “scam,” adding that he wants the U.S. dollar to be the world’s currency.

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Gold, silver bulls step in to buy the early dips Monday

(Kitco News) – Gold and silver are modestly higher in midday U.S. trading Monday, as traders saw early price pressure as a bargain-buyer opportunity and they stepped up.

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Critical Elements retains Metso and WSP for lithium plant study

(Kitco News) – Today, Critical Elements Lithium (TSXV:CRE), a lithium development company advancing its high purity Rose lithium project in Quebec, announced that it has retained the services of Metso Outotec and WSP Canada (WSP) to prepare a Phase II.

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Gold’s $1,900 price target is a ‘high hurdle,’ but positioning points to more gains – Standard Chartered

(Kitco News) – The $1,900 an ounce gold price target will be a tough one to breach on a sustainable basis in the short-term, but technical positioning points to more gains in the second half of the year, said Standard Chartered.

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Hedge funds remain bullish on gold, but momentum is starting to ebb

(Kitco News) – Hedge funds and money managers continue to increase their speculative bullish gold bets, but according to some analysts, the latest trade data from the Commodity Futures Trading Commission (CFTC) shows momentum is slowing.

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Mason confirms Lac Guéret graphite as one of the best Li-ion anode materials globally

(Kitco News) – Mason Graphite (TSX.V: LLG; OTCQX: MGPHF) announced Monday that the cycling tests, carried out on its full prototype pouch cell batteries, are conclusive, having crossed the objective of 1,000 charge & discharge cycles while maintaining a capacity retention of 80.6%.

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Prospect says its Arcadia lithium plant in Zimbabwe nears completion

(Kitco News) – Prospect Resources (ASX: PSC, FRA:5E8) announced today that approximately 92% of the Engineering, Procurement and Construction (EPC) scope for its high purity Arcadia lithium pilot plant in Zimbabwe has been completed.

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Investors once again see value in gold as 65.3 tonnes flows into ETFs in May – WGC

(Kitco News) – Investors are once again jumping back into the gold market, ending three months of consecutive outflows in gold-backed exchange-traded funds (ETF), according to the latest data from the World Gold Council (WGC)

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Gold, silver see price weakness amid little risk aversion

(Kitco News) – Gold and silver prices are modestly lower in early morning U.S. trading Monday, on some more mild profit-taking pressure from recent gains and as the safe-have metals see little risk aversion in the global market place at present.

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Bitcoin daily chart alert – Quieter start to trading week – Jun. 7

(Kitco News) – Bitcoin-U.S. dollar prices are a bit higher in early U.S. trading Monday, in a slow start to the trading week, compared to the past couple weeks.

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