News
Bitcoin slides below $20,000 to lowest since December 2020
Published: Sunday, 03 July 2022 20:00 | 
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| (Kitco News) - Bitcoin dropped below $20,000 on Saturday to its weakest in 18 months, extending a slide on investor worries about growing troubles in the industry and the general pull-back from riskier assets.
Weekly Market Recap: Disappointing Earnings Forecasts To Tank Stocks From Here?
Published: Saturday, 02 July 2022 20:00 | |
| Higher inputs costs and demand destruction from inflation (and the Federal Reserve's interest rate hikes) are resulting in margin compression for companies, pinching their profits. As a result, companies are revising downwards their future earnings expectations.
Whatever the Fed's got gold can take it... so far
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - The gold market is looking to end the week with a 2% loss; however, many precious metals investors see the price action as a major victory with gold standing up to the most aggressive Federal Reserve in nearly 30 years.
Financial World War Three has begun; Global reset, Bretton Woods 3.0 are next
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - The world is already engaged in a financial "World War", and the transition towards a global reset is currently underway, according to Willem Middelkoop, founder of the Commodity Discovery Fund and author of "The Big Reset".
Top 10 largest gold mining companies in Q1 2022 - report
Published: Saturday, 02 July 2022 20:00 | |
| (Kitco News) - Kitco ranked the top 10 largest gold mining companies by production in Q1 2022 based on publicly reported quarterly data.