What’s the end game of dollar collapse? Depression, inflation or civil conflict?
(Kitco News) – As U.S. debt surpasses $35.9 trillion and long-term Treasury yields breach 5.1 percent for the first time since 2007, critics of the Federal Reserve are renewing calls for monetary reform. In an interview with Kitco News
Read moreWhat’s the end game of dollar collapse? Depression, inflation or civil conflict?
(Kitco News) – As U.S. debt surpasses $35.9 trillion and long-term Treasury yields breach 5.1 percent for the first time since 2007, critics of the Federal Reserve are renewing calls for monetary reform. In an interview with Kitco News
Read moreU.S. sanctions push global powers toward gold-backed alternatives – Atlantic Council
(Kitco News) – As President Donald Trump escalates the trade war with the threat of a new 50% tariff on European imports, a Washington-based think tank warns that such policies could drive nations toward gold.In a recent opinion piece, Kimberly Donovan, Director of the Economic Statecraft Initiative, and Maia Nikoladze, Associate Director at the Atlantic Council, argued that countries—especially emerging markets—are turning to gold as a global currency to sidestep potential U.S. sanctions.
Read moreIn quiet Memorial Day profit taking, gold holds above $3,300 as trade tensions simmer
(Kitco News) -With U.S. markets closed for the Memorial Day long weekend, the gold market is seeing some quiet profit-taking while holding support above $3,300 an ounce.
Read moreDon’t tell the ECB, but gold shines as faith in global bonds wavers
(Kitco News) – It was an interesting week for gold, which ended with a nearly 5% gain as investors questioned the stability of global bonds amid rising concerns over unsustainable sovereign debt.
Read moreWall Street goes full bull on gold, Main Street reclaims bullish bias as gold holds above $3,300/oz
The latest Kitco News Weekly Gold Survey showed industry experts bereft of bears for next week, while retail traders reclaimed their bullish bias after the yellow metal’s strong showing.
Read moreWill gold be the last safe-haven standing next week?
(Kitco News) – Although gold continues to consolidate below last month’s all-time highs, it is ending the week with solid gains as investors seek alternative safe-haven assets amid growing concerns about the reliability of the U.S. dollar and Treasuries.
Read moreGold is the investment to own as US debt grows out of control – Thorsten Polleit
(Kitco News) – Rising U.S. government debt levels will continue to push more investors toward gold as they seek value and safety in the marketplace, according to one market strategist.
Read moreSpot gold approaches $3,350/oz after U.S. new home sales surge 10.9% in April
(Kitco News) – Gold prices are trading higher on Friday morning after the latest data showed the U.S. housing market improved far beyond expectations in April.
Read moreBitcoin May 23 daily chart alert – Bulls remain in firm control
(Kitco News) – Friday, May 23—June bitcoin futures prices were down a bit on a routine pause after hitting a contract/record high Thursday.
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