Bitcoin daily chart alert – Bulls out of the gate strong early this week – Aug. 10
(Kitco News) – Bitcoin-U.S. dollar prices are higher Monday. Bulls have the firm overall near-term technical advantage as a price uptrend remains in place on the daily chart and prices are not far below the recent multi-month high.
Read moreBelarus police crack down on mass protests against strongman president after election
(Kitco News) – Foreign observers have not judged an election to be free and fair in Belarus since 1995.
Read moreGold is starting to take the place of big tech – Mohamed A. El-Erian
(Kitco News) – “What I’ve seen smart people do is combine treasuries, high-quality investment grade and solid real assets,” said El-Erian.
Read moreWhy gold and silver miners diverged in Q2
(Kitco News) – Precious metals continue to power higher. During the week gold hit a record high of $2,078 an ounce, using October Comex futures. High metal prices are attracting more sector investment.
Read moreWhy a precious metal investor turned bullish on platinum
(Kitco News) – Horwitz said he was short platinum until about three weeks ago. He is forecasting the metal to hit $1,100 or $1,200. As of noon ET Friday, the precious metals were selling off: October platinum was trading at $969.10, down 4.42% on the day.
Read moreYour gold could be confiscated, warns E.B. Tucker, here’s how
(Kitco News) – Your gold could be confiscated, warns E.B. Tucker, here’s how
Read moreTrevali increases debt facility
(Kitco News) – Guidance for H2 2020 is forecast between 148 – 163 million pounds of payable zinc with an all-in-sustaining cost of $0.89 – $0.97/lb.
Read moreEira Thomas says gold investors should look at diamonds
(Kitco News) – “Like a lot of luxury products, there were real limitations on moving diamonds around the world. People going to tenders to purchase diamonds are the traditional way that the diamond supply chain has worked,” said Thomas.
Read moreThe chase for new all-time highs is not over, gold price eyes this level next
(Kitco News) – Gold price pullbacks or not, gold will continue to make new highs, eventually heading to $2,100 and higher, according to analysts.
Read moreBe careful what you wish for: Would a gold standard trigger gold confiscation?
(Kitco News) – Massive money printing, weaker U.S. dollar, currency debasement fears and major inflationary concerns are all flashing warning signs for many precious metals investors, elevating the voices in support of the gold standard. But would a hy…
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