The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.
Commodities are known to top following major geopolitical events but don't discount gold seeing 10% moves in any direction as the market is at the highest probability of a melt-up since the 1980s, according to Jared Dillian, author of 'No Worries' and editor of The Daily Dirtnap.The Fed to become powerless due to looming U.S.
- Soaring debt levels threaten to render the Federal Reserve powerless, taking away its ability to fight inflation, warned Tavi Costa, macro strategist at Crescat Capital.LME moves to close loopholes that enable traders to game latest sanctions on Russian metals – One week after catching wind of the scheme, the London Metal Exchange has announced new plans to close loopholes that allow traders and warehouse operators to game the latest series of sanctions on Russian metals. – Even as spot gold trades $100 lower than the all-time high set on April 12, the supply, demand and price distortions continue to impact local gold markets around the world. - Gold prices are a bit higher and silver prices a bit lower in midday U.S. trading Thursday.
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