Gold will go up because money supply is ‘going through the roof’ — Mobius
(Kitco News) – Mobius said gold will go up because the money supply is “going through the roof” as central banks react to the downturn.
Read moreExclusive: Venezuela removed six tonnes of central bank gold at turn of year – sources
(Kitco News) – The bank’s public financial records show that on Dec. 30 the reserves’ value dropped by $800 million to $6.63 billion that day. A third source familiar with the bank’s reserves said this was, in part, due to a “withdrawal of monetary gold,” without detailing providing further details.
Demand for physical silver is surging and the U.S. Mint can’t keep up
(Kitco News) – The U.S. Mint announced Thursday that it has temporarily sold out of American Eagle Silver Eagle Bullion coins.
Read moreHow gold-silver ratio can predict the future; much more pain ahead of us
(Kitco News) – The gold-silver ratio, a measure of how many ounces of silver can be bought with one ounce of gold, is now at 99.73, the highest level since 1991.
Read moreGlobal market meltdown is on; it’s sheer hysteria says Gerald Celente during heated exchange
(Kitco News) – Global market meltdown is on; it’s sheer hysteria says Gerald Celente during heated exchange
Gold price hovering back around $1,600 as Federal Reserves pumps massive liquidity into markets
(Kitco News) – Gold prices are well off their lows hovering near $1,600 an ounce as the New York Federal Reserve pumped massive liquidity into the financial system.
Read moreGold down, but well off lows as Federal Reserve fires its bazooka
(Kitco News) – Gold prices are sharply lower in midday U.S. futures trading Thursday, but well off daily lows that saw prices hit a five-week low earlier
Read moreCanadian Prime Minister in self-isolation after wife comes down with flu symptoms
(Kitco News) – Canadian Prime Minister Justin Trudeau is in self-isolation and working from home after his wife Sophie Grégoire Trudeau exhibited flu-like symptoms after returning from a trip to London.
Coronavirus market meltdown takes gold, silver, palladium and platinum down with it
(Kitco News) – Markets are gripped with fear as another day of sell-off triggered a 15-minute “circuit breaker” for the second time this week.
Read moreBitcoin price comes crashing, when this should be glory days says Peter Schiff
(Kitco News) – With bitcoin plummeting over 30% in a 24-hour period to trading levels of $5,683, the lowest level in 10 months, a longtime critic of the cryptocurrency said that the coin is showings its true colors.
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