Morgan Stanley sees gold prices below $1,800 by end of 2021
(Kitco News) – Bearish sentiment is creeping back into the gold market as the price is caught in what appears to be a new $50 range.
Read moreFortescue deploys autonomous light vehicles for driverless equipment transfer
(Kitco News) – Iron ore giant Fortescue Metals reported successful operational deployment of autonomous light vehicles (ALV’s) at the company’s mining operations in the Chichester Hub.
Sibanye-Stillwater boosts 4E platinum group metals reserves by 40%
(Kitco News) – Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW), the world’s largest primary producer of platinum and rhodium, yesterday announced a 40% increase in 4E platinum group metals (PGM) Mineral Reserves at the SA PGM operations to 39.5M 4Eoz, prima…
Read moreSilver under $30 is really cheap as inflation drives commodity prices higher – Crescat Capital
(Kitco News) – The investment story in silver is so much bigger than the market’s short-lived social media-induced rally. Instead, investors should be focused on the precious metal’s long-term value, according to one portfolio manager.
Read moreHedge Funds losing interest in gold as bond yields rise
(Kitco News) – Hedge funds are cooling on gold as they reduce their exposure across the board, according to the latest data from the commodity futures trading commission.
Read moreEU industrial production slows but Germany hangs on
(Kitco News) – EU Industrial production down by 1.6% in euro area and 1.2% in EU. The all important German number did expand but at a very moderate pace.
Read moreEuropean flows in to gold ETF’s outpaces US investment
(Kitco News) – According to data from the World Gold Council (WGC), net inflows to global gold-backed exchange-traded funds (ETFs) amounted to 13.8 tonnes in January.
Read moreGold and silver are mixed heading into the EU open
(Kitco News) – Gold and silver are once again mixed heading into the European open. Gold has moved -0.27% lower to trade at $1818/oz and silver trades 0.38% in the black at $27.42/oz. Today has the potential to be extra quiet as it is an American publi…
Read moreThe gold miners should buy bitcoin – Kitco Roundtable
(Kitco News) – “I don’t know what it is going to take to shake this malaise.”
Read moreThe inflation threat just got real
(Kitco News) – The debate between gold and bitcoin, as to which is the ultimate safe-haven and inflation hedge, continued to rage this past week. However, I feel that the longer this debate goes on, the more investors are missing the bigger picture.
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