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  •   (Kitco News) – U.S. monetary policy and government stimulus measures will continue to support gold prices above $1,800 an ounce even if the Federal Reserve doesn ’t use any type of yield curve control measures. Expectations are growing for the U.S. central bank to launch a program that will cap low-end interest rate yields as early as September; however, Axel Merk, president and chief investment officer at Merk Investments, said that this type of program would send the wrong signal

  •   (Kitco News) – Of all the forces of the market today, none are still as strong as actions taken by the Federal Reserve, whose purchasing activity could be likened to that of a day trader’s, said Ryan Giannotto, director of research at GraniteShares. “I would even go as far to say as Powell is 99% of explaining returns in this market,” he said. Assets purchased by the Fed has expanded in scope, from traditionally-held assets like real estate, which have been acquired sinc

  •   (Kitco News) – Gold prices have pushed to their highest levels since 2011 but sentiment isn ’t going to change and its still the investment that should be at the top of everyone ’s list, according to Paul Robinson, managing director at CRU. In an interview with Kitco News, Robinson said that the factors that have driven gold prices to its current levels — unprecedented monetary policy, global economic uncertainty, geopolitical tensions — have not disappears and these will continue t

  •   (Kitco News) – Solid support in the marketplace due to inflation concerns and geopolitical uncertainty will help push gold prices through $1,800 an ounce, according to one market analyst. In an interview with Kitco News, Jasper Lawler, head of research at London Capital Group, said that he thinks gold prices will continue to “meander higher” to $1,850 an ounce before investors start looking at and thinking about significant profit taking. “There’s no a big catalyst to sell gol

  •   Equities markets are ignoring weak fundamentals, but a rally that is not based on sound macroeconomic growth is likely to be unsustainable, said Rick Rule, president and CEO of Sprott U.S. “Bull markets that aren’t based on growth and value end in tears. I’m not suggesting, by the way, ten years from now, equity prices won’t be higher, even substantially higher. What I’m concerned about are the next three years. I have a difficult time seeing the circumstance

  •   Wealth preservation is not just for billionaires; it’s mandatory for everybody, said E.B. Tucker, author of “Why Gold? Why Now?: The War Against Your Wealth and How to Win It.” “The average person works for dollars and sweats and works extra hours, and sacrifices today for a better tomorrow in dollars. All the while, dollars are becoming less valuable,” Tucker told Kitco News. Part of the reason for the dollar’s devaluation is the continual expansion of the balance

  •     As mining in space moves from science fiction to reality, don’t expect the world to be flooded with minerals, according to NASA. In an interview with Kitco News on the sidelines of the Mines and Money Online Connect virtual mining conference, Robert Mueller, senior technologist at the NASA Kennedy Space Center, said that although the technology exists to successfully mine in space, reliability remains the biggest technical hurdle. Any equipment used on the moon or in space has to w

  •   The high tech revolution and new economy are creating boundless new applications for two commodities that will dominate the 2020s: copper and helium, said Gianni Kovacevic, CEO of CopperBank. Kovacevic referred to a trade in these commodities as ideal for the contrarian investor. “Let’s call today’s interview the contrarian’s delight. I believe a lot of these tried and tested metrics are going to break down and they are breaking down,” he said. One such metric is the oil to gold ratio. “T

  •     Gold prices have achieved an important milestone, testing critical resistance at $1,800 an ounce, and one Australian firm is expecting that prices will continue to push higher. In an interview with Kitco News, on the sidelines of the Mines and Money Online Connect virtual mining conference, Andrew Ballingal, founder and chief investment officer of Ballingal Investment Advisors said that he expects that gold prices will push above $2,000 an ounce this year as risks in the marketplac

  •   The rally in the gold market with prices now pushing to their highest level since 2011, has created a heathy environment for the mining sector even as the world economy continues to grapple with the spreading COVID-19 pandemic according to one market analysts. In an interview with Kitco News on the sidelines of the Mines and Money Online Connect virtual mining conference, Joe Mazumdar, editor of Exploration Insights said that because of the higher gold price investor interest is growing a

  •   With gold prices having breached the $1,700 an ounce level and sustained upwards momentum, investors should look to buy not only the bullion, but also gold equities, whose share prices have not yet priced in these higher gold levels, according to Peter Marrone, executive chairman of Yamana Gold. “This is one of those situations where one should be less cautious, and one should be invested in the gold sector, but more than gold as a metal. I think one should be invested in gold equities,”

  •   Despite weaker consumer sentiment as a result of the recent recession, the electric car market is expected to see a healthy rebound in growth, said Neal Brewster, manager of strategy consulting at Roskill. “Electric vehicle (EV) sales are actually doing pretty well, and I think those will come back much more quickly. I guess we might see governments actually encourage EV sales, so for those particular markets, I’m actually quite bullish, [and see] good drivers longer-term,” Brewster said.

  • st level in nearly eight years. In an interview with Kitco News, George Milling-Stanley, chief gold strategist at State Street Global Advisors, said that he continues to expected gold to push higher through the rest of the year. Although his base case doesn’t call for $2,000 gold by year-end, he added that a move to that level is not out of the “realm of possibilities.” In a world awash in uncertainty and volatility, gold has done exactly what it was supposed to do, he added. “I’m really confide

  •  this article: The economic impact of the COVID-19 pandemic, with blowout deficits and massive money printing, will create the perfect storm for precious metals and will launch a massive bull market for mining equities, according to one junior exploration executives. In an interview with Kitco News during the Mines and Money online connect virtual mining conference, Ivan Bebek, executive chairman of Auryn Resources said that the rally in exploration companies seen since the March lows is just th

  •   The Federal Reserve’s balance sheet is at risk of devaluation, and should the underlying assets fail, gold will respond by “rising to a price that balances the Fed’s balance sheet,” said Dan Oliver, founder of Myrmikan Capital. “The Fed, as you know, has been on a massive purchasing spree because of the virus situation, and so therefore the equilibrium price of gold is going up commensurately, and so the numbers now to balance that balance sheet are enormously high,” he said. “My [forecas

  • Chinese mining companies have been making a lot of noise in the marketplace, aggressively buying projects and companies around the world, and one market analyst said that he is not surprised with this aggressive merger and acquisition activity. On the virtual sidelines of the Mines and Money Online Connect mining conference, Chen Lin, president of Lin Asset Management, said that he is not surprised Chinese gold miners are on a buying spree. “They have a lot of capital, so they’re putting m

  •   It is inevitable that the global economy will see a bounce in activity after being devastated by the COVID-19 pandemic, but don’t expect it to reach pre-crisis levels any time soon, according to one economist. In an interview with Kitco News, David Rosenberg, chief economist at strategist at Rosenberg Research and Associates, not only warned investors to expect a slower economic recovery but also that they shouldn’t look at equity market valuations as a signs that everything will be back

  •   Chinese mining companies have been making a lot of noise in the marketplace, aggressively buying projects and companies around the world, and one market analyst said that he is not surprised with this aggressive merger and acquisition activity. On the virtual sidelines of the Mines and Money Online Connect mining conference, Chen Lin, president of Lin Asset Management, said that he is not surprised Chinese gold miners are on a buying spree. “They have a lot of capital, so they’re pu

  •   It is inevitable that the global economy will see a bounce in activity after being devastated by the COVID-19 pandemic, but don’t expect it to reach pre-crisis levels any time soon, according to one economist. In an interview with Kitco News, David Rosenberg, chief economist at strategist at Rosenberg Research and Associates, not only warned investors to expect a slower economic recovery but also that they shouldn’t look at equity market valuations as a signs that everything will be back

  •   The gold market is testing the top end of its months-long trading range and according to one analyst it’s only a matter of time before prices break out and push to all-time record highs. In an interview with Kitco News, Jeff Clark, senior precious metals analyst at Goldsilver.com said that it is difficult not to be bullish on gold in an environment rife with uncertainty and an unlimited number of catalysts to ignite a move through the current trading range. “Gold is in a major bull market