Home
Search results “Gold price bloomberg”
Why Gold Prices Might Be Poised for a Big Move Higher
 
03:38
Jun.20 -- On this edition of "Charting Futures," Wolfe Research's John Roque examines gold prices with Bloomberg's Abigail Doolittle on "Bloomberg Markets: The Close."
Bloomberg Market Wrap 7/2: Gold Prices, S&P 500 Momentum
 
02:35
Jul.02 -- Bloomberg market reporters take a deep dive into all of today's action.
Gold Price Rally Is "Just A Matter Of Time" - Bloomberg Intelligence
 
05:57
Fundamentals point to brighter days ahead for gold prices, says Mike McGlone, senior commodity strategist at Bloomberg Intelligence, who noted that a breakout is imminent. The key factor to watch for is the dollar, he said. “The key thing I’m watching for is the trade-weighted broad dollar’s peak near its 16-year high, and last year we had the VIX volatility index on an annualized basis bottom,” McGlone told Kitco News. “That process should continue and that puts gold in a pretty strong trajectory higher.” _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 6365 Kitco NEWS
Signals Show Great Upside For Gold In 2019 - Bloomberg Intelligence
 
06:48
Gold is showing a divergence with the dollar and stocks, indicating upside potential for the yellow metal in 2019, said Mike McGlone, senior commodity strategist at Bloomberg Intelligence. “A lot of the drivers are turning positive. The volatility of the stock markets is turning up, from the lowest ever…and the dollar has had a substantially strong year. The trade-weighted dollar is the best performing major asset class on the planet this year. It’s up 8% this year, yet gold is trickling, it’s up/down 6%. To me, I see a sign of divergent strength,” McGlone told Kitco News. McGlone added that those pressure factors are likely to go away in 2019, paving the way for gold to rally. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 14628 Kitco NEWS
Paul Tudor Jones on JUST Capital, U.S. Recession, and Gold
 
17:37
Jun.12 -- Paul Tudor Jones, founder at Tudor Investment Corporation, discusses the mission of his non- profit organization JUST Capital, a new direction for capitalism, why tariffs could bring a U.S. recession, and explains why he views gold as the best trade over the next year to two years. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
Bloomberg Market Wrap 7/10: S&P 500 Pop Then Drop, Gold Prices
 
02:40
Jul.10 -- Bloomberg market reporters take a deep dive into all of today's action.
Ray Dalio Says Gold May Be Key
 
00:59
Jul.18 -- Ray Dalio thinks the current era of low interest rates and quantitative easing might be coming to an end and his answer to a new market paradigm that could see escalating conflict between capitalists and socialists is simple. Buy gold. Bloomberg’s Eddie Van der Walt reports on “Bloomberg Daybreak: Europe.”
SkyBridge's Gayeski Says Gold Is a 'No Doubt' Choice Over Treasuries
 
01:30
Jul.17 -- Troy Gayeski, co-chief investment officer at SkyBridge Capital, explains why he likes gold in the current market environment. He speaks on "Bloomberg Daybreak: Americas."
Is Gold Priceless? Or Pointless...
 
01:35
May 6 -- Gold broke the $1,300-an-ounce barrier in May for the first time since January 2015. What drives the price of Gold? This Bloomberg QuickTake tackles the booms and busts of gold. Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Watch Bloomberg TV live at http://www.bloomberg.com/live
Views: 19246 Bloomberg
Goldman Sees Fed 'Not Likely to Cut' Rates in July, Kostin Says
 
03:51
Jun.13 -- David Kostin, chief U.S. equity strategist at Goldman Sachs, discusses market expectations for a Federal Reserve interest rate cut in July. He speaks on "Bloomberg Daybreak: Americas."
Mobius: The Place to Be Is in Stocks and Gold
 
06:15
Jul.04 -- Mark Mobius, co-founder and partner at Mobius Capital Partners, discusses his calls on stocks, bonds, gold and bitcoin. He speaks on “Bloomberg Daybreak: Middle East.”
Bloomberg Market Wrap 7/15: Amazon Shares, Oil, Steel Stocks
 
02:26
Jul.15 -- Bloomberg market reporters take a deep dive into all of today's action.
Gold Is Close To “Point Of Maximum Pain” - Bloomberg Intelligence
 
05:34
Gold has a good foundation for a rally past its current trading range, this according to Mike McGlone, senior analyst at Bloomberg Intelligence. “In the last 52 weeks, the range for gold is the narrowest in 13 years. It needs something to really shift to not go higher,” McGlone told Kitco News. McGlone noted that the strong U.S. dollar has been one reason why gold hasn’t broken out of its range yet. “What’s really happening to the dollar this week is that it’s kind of been following yields, but yields are pretty high at 3%.” He added that 3% is a “pretty good level for yields to peak,” and a subsequent peaking in the dollar remains bullish for gold. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 14689 Kitco NEWS
Bloomberg Analyst: Gold to be Pushed Higher by U.S. Debt
 
17:40
This analyst believes that the rising U.S. debt will be a big part of what pushes gold higher. Get your Silver Fortune silver bar here! Use SF10 for 10% off: https://mkbarzandbullion.com/collections/social-media-community-collaboration-bars (I am compensated per bar sold) Support Silver Fortune, shop at SD Bullion! Free shipping over $99, and a 1 oz. round for new customers! https://sdbullion.com/sf (I am compensated by SD Bullion when the at spot round is claimed by new customers) Support Silver Fortune through Patreon: https://www.patreon.com/silverfortune Any content within this video or any other video by the Silver Fortune channel is merely one man's opinion, commentary, and analysis, or actual information obtained from elsewhere, and should not be constituted as legal, investment, or financial advice. Make your own financial decisions, or consult a professional if you'd prefer to go that route. The Silver Fortune channel disclaims any liability for legal, financial, or investment decisions made.
Views: 3714 Silver Fortune
Gold's Beating May Be Nearing an End - Bloomberg Intelligence
 
04:18
Recorded on August 10, 2018 It has been an awful summer for gold. And just when things could not get any worse for the yellow metal, prices dipped below $1,200 an ounce in early trading Monday morning -- a nearly 1.5-year low. So does this mark the final leg down and the end of the pain for many gold investors? “Someday, at some point, it will happen,” said Mike McGlone, commodity strategist for Bloomberg Intelligence in an interview on Friday. “Have we reached the point of maximum loss of faith? We may be pretty close,” McGlone added. Gold prices are down and hit a nearly 1.5-year low as they fell below key chart support at $1,200.00. Silver futures prices dropped to a more-than-two-year low overnight. A surging U.S. dollar index is trumping currency market turmoil to drive the precious metals markets lower. December gold futures were last down $11.90 an ounce at $1,207.10. September Comex silver was last down $0.13 at $15.165 an ounce. "If the history of compressed gold prices is a guide, the dollar should be peaking, with the potential for higher gold prices far outweighing downside risks. It's been about two decades since gold sustained a narrower 24-month range,” McGlone said. And while a stronger dollar and U.S. economic growth are hurting bullion's appeal, concerns that Turkey's financial crisis could spread may give the metal a reversal of fate. "Gold's short-cover risks are elevated. The setup, with prices near key support and near-record-short net positions, is a recipe for a sharp rally and potential longer-term bottom," McGlone said. Technically, gold bears have the solid overall near-term technical advantage amid a price downtrend on the daily bar chart. Gold bulls' next upside near-term price breakout objective is to produce a close in December futures above solid resistance at $1,230.00. Bears' next near-term downside price breakout objective is pushing prices below solid technical support at $1,150.00. __ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 10328 Kitco NEWS
Peter Esho | Bloomberg TV Gold Outlook
 
06:14
Gold Price Outlook 2017 from Peter Esho as he speaks with Bloomberg TV (New York). Peter speaks about a range of commodities including his outlook on gold. He explains why he doesn't like gold in a rising interest rate environment. https://www.linkedin.com/in/peteresho/
Views: 8691 Peter Esho
Is $1,400 Gold The New $1,300? - Bloomberg Intelligence’s McGlone
 
02:42
Gold prices moved Friday, getting a bounce ahead of this weekend's elections in France and according to Bloomberg Intelligence’s Mike McGlone, the metal may have more upside. Speaking with Kitco News, McGlone said there is a case for gold to hit $1,400 an ounce. ‘You have to look at gold in the bigger picture, it’s doing what it’s supposed to be doing in this environment,’ he said. ‘It’s going up to the next level.’ After hitting five-month highs Monday, June gold futures are heading towards a neutral weekly close, last trading at $1,288.50 an ounce. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: https://twitter.com/kitconewsnow --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 2800 Kitco NEWS
Mean Reversion Could Cause Markets To Plummet - Bloomberg Intelligence
 
04:59
The equities, commodities, and precious metals spaces all look like they are trading above their historic averages, which may signal a revision downwards to the mean, this according to Mike McGlone, senior commodity strategist at Bloomberg Intelligence. “The key mean that really matters in the S&P 500 is the mean that started with the Fed rate hike which was December 2015. That was essentially the low last year, right around 2,400. The significance is that the market is now 20% above that,” McGlone said. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 6348 Kitco NEWS
Bloomberg Market Wrap 6/24: Small Caps, Dollar Weakness, Gold Rush
 
02:46
Jun.24 -- Bloomberg market reporters take a deep dive into all of today's action.
Silver, Platinum May Outshine Gold Says Bloomberg's McGlone
 
04:29
Kitco News -- Metals may be a primary 2017 Indication of normalized inflation, said Mike McGlone, commodity strategist for Bloomberg Intelligence. 'If the strong performance of metals in 2016 is any indication that inflation is truly normalizing, they could regain their historic role as primary beneficiaries and be key indicators in 2017,' he said on Kitco's Gold Report. McGlone also spoke about the industrial metals, and how they may be taking the luster away from gold. 'Spot silver's 16% increase versus gold's 9% advance, and industrial metals doubling the gains for precious metals in 2016, indicate a shift to the positive in global economic demand,' McGlone explained. As for commodities to watch, McGlone is liking platinum, ' you have to look at the value in the market ...it looks underpriced compared to the other metals right now,' he said. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: https://twitter.com/kitconewsnow --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 5347 Kitco NEWS
Last Week’s Gold Breakout Wasn’t “Real” – Bloomberg Intelligence
 
02:46
Last week’s rally in gold was only temporary, and more headwinds lie ahead for the yellow metal, according to Andrew Cosgrove, global head of metals & mining research at Bloomberg Intelligence. “I don’t think this is the real breakout. I don’t think this is 'the' [equity] selloff. I do think the dollar has more upside. Because of those two main reasons, I don’t think this is the real breakout, but I do think it’s definitely carving out a good base,” Cosgrove told Kitco News on the sidelines of the Mines & Money Conference in Toronto. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs Twitter - https://twitter.com/kitconewsnow Google+: https://plus.google.com/u/0/116266490328854474588 StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today-usa/ Live silver price and charts: http://www.kitco.com/silver-price-today-usa/ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Views: 3310 Kitco NEWS
Is Gold's Real Value $2,000 an ounce? - Bloomberg Intelligence
 
04:35
Gold steadies and is set to end the week higher, on track for its first weekly gain in four weeks and one expert sees the cards stacked in the metal's favor. Ken Hoffman of Bloomberg Intelligence released a report this month, which shows the current pressure in gold prices is namely driven by the looming rate hike – but those Fed concerns are just masking long-term positives for the metal. Gold was on track Friday to post its first positive weekly close in three weeks, many analysts suspect that the correction --which started with a 5% drop at the start of the month -- has run its course. December gold futures settled the day at $1,267.70 an ounce, up nearly 1.2% since Monday’s open. Hoffman says that tailwinds for gold may also be brewing in the mining sector with rising production costs and falling output. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 4285 Kitco NEWS
Why hasn't the GOLD PRICE Held Up? - Marc Faber On Bloomberg
 
01:29
Why hasn't the GOLD PRICE Held Up? - Marc Faber On Bloomberg Local gold stocks are taking a big hit this morning after the price for the precious metal fell into bear market territory in offshore trade on Friday, sinking to its lowest level since August last year. This outlook is even direr for gold. The plunge in the gold price has pushed the ASX's gold stocks sub-index down 7.7 per cent in early trade. The precious metal was trading at $US1493.45 this morning, down 4.2 per cent from local trade on Friday. US investment bank Goldman Sachs put a ''sell'' on the metal last week, which sparked an early sell-off. But IG strategist Evan Lucas said it had come under even more pressure from technical selling, as it broke through the $US1522 support level to fall to $US1483. ''The bears roared even harder towards the end of last week as soft data led to analysts making the call that a period of deflation is on the cards, as the US stimulus package floods the market, but is not followed by any discernible changes to the economy,'' he said. ''This outlook is even direr for gold.'' Thomas Averill at Rochford Capital said gold had also fallen on the back of concerns that America and other G20 countries would criticise Japan at the upcoming G20 meeting over monetary policies that have weakened the yen and as a result, gold. ''I think you'll see the Japanese reassure world leaders that their new monetary policy is not designed to deliberately weaken the yen,'' he said. Mr Averill said it was only a short-term problem for gold, which would pick up later in the week. ''I would say that gold shouldn't lose much more,'' he said. ''The G20 meeting is a bit of a distraction, but after this week, we are predicting a resumption of the yen trade, which supports the gold price.'' Burrell Stockbroking adviser Jamie Elgar said the recent rally on stock markets - Wall Street posted record highs last week - had also dampened demand for gold. ''I think gold started to come off over the last couple of months as people started becoming more confident in equities,'' Mr Elgar said. ''Particularly as the economic data out of China and the US was looking pretty good.'' Shares in Australia's biggest listed gold company, Newcrest, fell 7.5 per cent this morning to $18.26. Here's how some of the other local gold miners are performing: Kingsgate Consolidated: Down more than 12 per cent Alacer Gold: Down more than 15 per cent Precious metals investors can't look back at this week's declines in gold and silver and not be a little upset. But it's important to keep in mind that nothing happened this week that reversed the decade long bullish trends for gold and silver. So, keep in mind that for over a decade gold and silver have gone up for a reason; the mismanagement of the world's monetary system by the global central banks. That plus all financial assets today have huge counter-party risk thanks to the fraud plagued OTC derivatives market, whose notional value is in the hundreds of trillions. Physical gold and silver have no counter-party risks for their owners, and this makes them especially attractive to forward thinking investors. This lack of counterparty risk also makes the old monetary metals objects of ridicule by the global financial industry, who market fraudulent "financial assets" by the trillions of dollars, euros and other currencies. "gold price" gold "gold bullion" silver "silver price" "silver eagle" "u.s. mint" "canadian mint" "perth mint" system money flow nasdaq "house price" commodity economy economic thailand u.s bubble matrix "united states" crisis 2013 future doom gloom "safe haven" mining mine print money cash finance "service industry" elite control bank banking truth recession global "stock market" trading futures news report breaking bilderberg agenda illuminati new world order alex jones infowars lindsey williams eric shift paulson billionaire soros jim rogers sheeple "paper market" jp morgan Are there any indications that central bankers have seen the error of their ways at the end of this week? Good grief no! The Bank of Japan has reaffirmed its commitment to destroy the yen as an economic asset, and the ECB is scheming to confiscate Cypress's "excess gold reserves". Our Doctor Bernanke is no monetary slouch either. Look at the post credit crisis Federal Reserve's balance sheet in the chart below. Since 2008 the supply of newly created digital dollars has exploded. If US Currency in Circulation (CinC / Green Plot) lags behind the growth in digital dollars (Blue and Red Plots), it is most likely because the Earth doesn't grow enough cotton to supply both the world's textile mills and the US Treasury's need for high-grade cotton based paper for its paper money production. That's a scary thought that just might be true!
Views: 233 AlexJonesAccount
JC Parets on BNN Bloomberg: Stocks, Gold and Dollars 6-21-19
 
09:59
J.C. Parets, president and founder of All Star Charts, says technicals in the markets are pointing towards a great rally for emerging markets and precious metals BNN Bloomberg https://www.bnnbloomberg.ca/video Subscribe to my Youtube Channel: https://www.youtube.com/allstarcharts?sub_confirmation=1 Follow me on Twitter: https://twitter.com/allstarcharts Sign up for the Free Chart of the Week: http://get.allstarcharts.com/
Views: 1361 AllStarCharts
Bloomberg Market Wrap 6/13: S&P 500 High, Oil Prices
 
01:56
Jun.13 -- Bloomberg market reporters take a deep dive into all of today's action.
Chinese Gold Standard Would be "Game Changer” - Bloomberg Intelligence | Kitco News
 
04:18
Could gold, the world's longest running currency be used to create a new order in global currencies? The Chinese central bank is said to be considering backing its yuan with the yellow metal. This move, says Ken Hoffman, Global Head of Metals and Mining Research for Bloomberg Intelligence, would be a "game changer." Why would China consider such a move? Hoffman explains that Chinese policy makers are already trying to establish the yuan as a reserve currency, and backing it with gold would help attract foreign capital inflows. China is expected to receive approval from its central bank for a yuan-denominated gold fix, with a potential for an announcement as early as next week. Hoffman explains that a gold standard would not necessarily create a big constraint to the Chinese central bank, as many believe. “It could be at any price they fix. There’s a lot of things that they can do to make this work,” he says. Hoffman estimates that to create an exchange rate of one ounce of gold for every $64,000, the country would need about 10,000 metric tons of the metal. "That’s nine times the nation’s official holdings and about 6 percent of all the bullion ever mined globally," Hoffman says. Moving to a gold standard may also be a question of power for China. Hoffman says that when the U.S. adopted a gold standard after World War II, it emerged as the main power in the International Monetary Fund. In 1971, the U.S. ended the use of the gold standard and rendered the dollar a fiat currency. If China decides to go into some form of a gold standard, Hoffman says it would make the rest of the world view the metal as a currency again. “If they go for it, we’d be talking about fireworks,” he says. Kitco News, June 25, 2015. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 48568 Kitco NEWS
Platinum Worth Its Weight In Gold - Bloomberg
 
01:39
Platinum prices up by $1,200 an ounce to $1,300 an ounce. Auto production's come back helps boost platinum's demand. (Bloomberg News)
Views: 344 Bloomberg
Commodities Outlook - Gold Rises as Dollar Weakens - Bloomberg
 
03:47
Investing in Gold - Analysis and Discussion with Patrick Chidley of Barnard Jacobs Mellet USA (Bloomberg News)
Views: 202 Bloomberg
Bloomberg analyst sees cards stacked in gold's favor
 
04:29
KITCO NEWS - Gold steadies and is set to end the week higher, on track for its first weekly gain in four weeks and one expert sees the cards stacked in the metal's favor. Ken Hoffman of Bloomberg Intelligence released a report this month, which shows the current pressure in gold prices is namely driven by the looming rate hike - but those Fed concerns are just masking long-term positives for the metal. Gold was on track Friday to post its first positive weekly close in three weeks, many analysts suspect that the correction --which started with a 5% drop at the start of the month -- has run its course. December gold futures settled the day at $1,267.70 an ounce, up nearly 1.2% since Monday's open. Hoffman says that tailwinds for gold may also be brewing in the mining sector with rising production costs and falling output. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
Bloomberg is negative on Gold and they may have good reason
 
05:51
http://illuminatisilver.com http://facebook.com/illuminatisilver Bloomberg is negative on Gold and they may have good reason Today is Thursday 22nd December 2016 and we are commenting on a report published by Bloomberg on Monday which was rather pessimistic for gold. It points out that Gold Prices have fallen for six straight weeks, the worst streak in a year, as prospects for higher U.S. borrowing costs dampened demand. Investors also appear pessimistic about the outlook for 2017. Hedge funds reduced their bets on a rally to the lowest since February, while outflows are increasing from exchange-traded funds. After the metal’s best first half since 1979, bullion has been losing its attraction as U.S. equities rallied to record levels. A stronger dollar and rising bond yields have also restricted demand for gold. According to John LaForge, from Wells Fargo Investment Institute: “People are still too optimistic on gold….. We’re in a price purgatory for a lot of commodities, including gold. You’re going to have a lot of investors and strategists like myself reduce their price forecasts.” According to the U.S. Commodity Futures Trading Commission the net-long position, or bets on price gains, for gold declined 15% to 68,905 futures and options contracts in the week ended Dec. 13. The holdings are down 61% over the five-week slump. On the Comex in New York, gold futures added 0.3% to $1,141 an ounce on Monday, after a 2.1% loss last week. Prices touched $1,124.30 on Dec. 15, the lowest since February. Bloomberg further adds : “Investors are positioning for more stability. In the month through Dec. 15, they pulled $6.2 billion from ETFs tracking precious metals -- the largest withdrawal across asset classes…. The biggest casualty was SPDR Gold Shares, the top fund backed by bullion. Holdings in global gold ETFs dropped for 26 straight sessions through Friday, the longest slide since 2013.” While assets in the gold ETFs are still up for the year, Goldman Sachs Group estimates that the “vast bulk” of the holdings are losing money at current prices. If investors were to withdraw from even half of those money-losing holdings, it would spark a $60 sell-off in prices, the bank said. The prospects from China also look less healthy. According to the Peoples Bank of China, In November China refrained from adding to its gold reserves for the first time in six months, also Imports to India are down 43 percent in the first 11 months of the year compared with 2015, provisional ministry data compiled by Bloomberg shows. So what does this all mean? Well for a start do not believe the pumpers that gold is about to hit $2,000; If anything its more likely to reach $1,000 than $2,000 in the next 3 – 6 months. There are too many things happening which may suppress its price and if Donald Trump does reduce taxes when he becomes President where do you think that surplus money is likely to go – yes the Stock market not gold. Please view our latest videos: Goldman Sachs Pays $120 million fine for alleged rate fixing https://youtu.be/GoaH5bvYduU Too Big to Fail has become that little bit smaller. https://youtu.be/_gyCgt-ttTs World's oldest bank Banca Monte dei Paschi could run out of money soon https://youtu.be/XyNsPibg_UU Lagarde found guilty of negligence but is allowed to go Free https://youtu.be/9502GWBIvxE Why the Dollar won’t collapse on 31st December 2016 - Guaranteed https://youtu.be/XX4AHkvwHXM The various Uses of Silver Series - Jewellery https://youtu.be/y1y0GWlcs6U One hour left to enter our 2016 Gold and Silver Competition https://youtu.be/-Hl7XGe_gCk Why Foreign Currency Reserves Are Important – A Beginners Guide https://youtu.be/xjPlrI6AH7s Gold and Silver Update w/e 16th December 2016 https://youtu.be/ulTkoUYUoFA Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver https://youtu.be/5iOG7-_vvF0 Gold nanotechnology and AMD - Blindness https://youtu.be/jNry9Q8aaQs Fed raises Rates - More to Come - Gold and Silver prices fall https://youtu.be/3NMz7kZf4eA Oil prices Jump 6% – Good News for Gold and Silver prices https://youtu.be/yEPyvytaV5Y Why is Donald Trump upsetting the Chinese Bear? https://youtu.be/tB_f9yO9KsI FED, Gold, Silver, Interest rates and Markets 2016 https://youtu.be/DhUGxJtDmiQ
Views: 4747 Illuminati Silver
Bitcoin Is Going to Be Digital Gold, Says Galaxy’s Novogratz
 
06:17
Feb.13 -- Mike Novogratz, founder and chief executive officer at Galaxy Digital, discusses cryptocurrencies, where he sees the sector heading in the coming months, bitcoin, his comments on the equity market rally and his top trades. He speaks on “Bloomberg Daybreak: Middle East.”
Burry Discusses Investing in Farmland, Real Estate, Gold: Video
 
03:48
Sept. 7 (Bloomberg) -- Michael Burry, the former head of Scion Capital LLC who predicted the housing market's plunge, talks with Bloomberg's Jon Erlichman about his investments in agricultural land, real estate and gold. (This is an excerpt. Source: Bloomberg)
Views: 340254 Bloomberg
Gold Hits $1,000 An Ounce - Bloomberg
 
03:33
Gold hits $1,000 an ounce for the first time in six months and for the fourth time in history. (The Trade)
Views: 685 Bloomberg
Bullish Case For Gold Still Very Much Alive - Bloomberg's Hoffman
 
05:36
Many would argue that gold is going up against a brick wall next year: a strong U.S. dollar, rising equities and higher interest rates, which makes gold less attractive as an investment because the metal is not yield-producing. But, Ken Hoffman, global head of metals & mining research for Bloomberg Intelligence, says the bullish case for the metal is still very much present. ‘The market wants to see all the positive…but when people start to stand back [they see] the Trump infrastructure plan is not that big at the end of the day; taxes, he has to get through Congress and we have Brexit negotiations that are getting rocky,’ Hoffman said when giving his outlook for 2017. ‘So, at the end of the day, gold is that safe haven and its real value is probably more than $2,000 ounce,’ Hoffman added. Working in gold’s favor is a tightening mine supply; Hoffman said that should gold drop below $1,100 an ounce, more mine closures are likely. As to what he is eyeing next, he says rare earths – ‘the price has already started to move 15-20%.’ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 3817 Kitco NEWS
Gold Miners Need To Do This To Survive - Bloomberg Intelligence
 
04:37
Although gold miners seem to be turning the corner after spending years in a bear market, one metals analyst says it's time for these mining companies to start rethinking their strategy. Gold miners must shift from being cost-focused to revenue-focused if they want to continue attracting investors, suggests Ken Hoffman, global head of metals and mining research for Bloomberg Intelligence. ‘I think what gold miners need to realize is that in the past, the miners would just focus on the cost and ignore price, but this year is different,’ he told Kitco News. Given that investors now have more liquid investment alternatives in the metals and mining space, gold miners need to make themselves a more attractive investment. Hoffman explained that the advent of exchange-traded products has created headwinds for miners looking for funding. ’It’s taken the money that would have gone into gold equities and put it into the ETFs and what investors are telling us is that what gold miners really need to focus on is cash flows.’ Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 2523 Kitco NEWS
US Gold Futures - Bloomberg
 
07:40
There is a move towards the silver away from gold especially in Asian countries. (Asia Confidential)
Views: 266 Bloomberg
The New Case For Gold   Bloomberg
 
06:29
Jim Rickards on Gold
Views: 124 BigFoot Writer
'Bloomberg Technology' Full Show (06/26/2019)
 
45:49
Jun.26 -- The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco.
Views: 5826 Bloomberg Technology
As Long Yuan Devalues, Gold Bugs Will Be Happy: Bloomberg's Hoffman | Kitco News
 
05:08
News out of China continues to dominate headlines Friday, Kitco News speaks with Ken Hoffman of Bloomberg Intelligence to talk about his latest trip to the country. According to Hoffman, sentiment in China continues to be bearish. “Everything is falling off a cliff...everything right now in China is in decrease mode [and] we actually think their copper demand, for the first time in 30 years, will actually decline by 2-4%,” he tells Daniela Cambone. He explains that as the country shifts from an industrial-based economy to a more IT-based economy, old businesses — such as steel, copper, cement — are going to be hurt. Hoffman also comments on the recent surprise move by the Chinese central bank to devalue its currency, the yuan. “One of the biggest points that China has right now is make the yuan more global,” he notes, adding that the weakening of the yuan is helping gold. “If China is going to devalue its currency, that’s going to be very positive for gold demand in China, the world’s largest gold buyer,” he says. Commenting on the recent release of gold reserve holdings by the People’s Bank of China, Hoffman says that even people in the country don’t believe the numbers that were released. “There is a way central banks can sort of hide gold [holdings],” he says. However, he notes that gold continues to play a very important role in the country’s currency strategy. China still has a 'strong and sincere interest in gold,’ he adds. Kitco News, August 21, 2015. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: http://www.kitco.com/newsletter Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews --- Kitco News on Google+: http://google.com/+kitco --- Kitco News on StockTwits: http://stocktwits.com/kitconews
Views: 3397 Kitco NEWS
Commodities' Predictions - Bloomberg
 
10:10
Analysis and discussion with Managing Director of Commodity Broking Services Jonathan Barratt. He discusses about his predictions on copper, oil, gold and platinum. (The Bloomberg Edge)
Views: 289 Bloomberg
Bloomberg Market Wrap 6/6: Utilities, Natural-Gas Prices
 
01:59
Jun.06 -- Bloomberg market reporters take a deep dive into all of today's action.
Bloomberg Market Wrap 6/14: S&P 500 Looking for New High, Oil Prices
 
02:02
Jun.14 -- Bloomberg market reporters take a deep dive into all of today's action.
'Bloomberg Technology' Full Show (07/02/2019)
 
45:19
Jul.02 -- The only daily news program focused exclusively on technology, innovation and the future of business from San Francisco.
Views: 1345 Bloomberg Technology
Commodities Outlook - Gold Climbs to Three Month High - Bloomberg
 
03:30
Analysis and Discussion with Frank McGhee of Integrated Brokerage Service (Bloomberg News)
Views: 331 Bloomberg
Will Bitcoin Rebound in 2019? The Bull vs. Bear Case
 
22:05
The Great Crypto Debate: Part II One year after Bitcoin hit nearly $20,000, what can we expect from crypto in 2019? Participants: Caroline Hyde (Bloomberg News) Joe Weisenthal (Bloomberg News) Michael McKee (Bloomberg News) Mike McGlone (Bloomberg Intelligence) Ryan Selkis (Co-Founder and CEO, Messari)
6-22-19 Gold to hit new highs $1900+  Bloomberg says buy on the next dip
 
07:12
26 currencies showing weakness which is good for gold. This is not a USA only problem this is starting to loom like a macro trend. Please Subscribe Hit the bell for timely notifications Like, Share, and Comment. Keep comments tasteful and respectful or they will be deleted and you may be blocked. If you feel led please contribute to https://paypal.me/dobson777a?locale.x... References https://www.youtube.com/watch?v=RRlLTgeItgY&list=WL&index=83&t=0s
Views: 1106 dobson777a
$XAU/USD Bloomberg Live August 20th 2018: Joseph Perry, independent consultant for Forex Analytix
 
03:36
Joe Perry @jp3911 discussing the XAU/USD on Bloomberg with Abigail Doolittle @TheChartress
Views: 270 ForexAnalytix
How Brexit Could Make Food Prices Skyrocket
 
09:26
British farmers are being hit by a shortage of migrant workers and are warning a dysfunctional Brexit will have a devastating impact on their industry. They are calling on the government to provide direction and answers on the future of British farming after the U.K. leaves the European Union. Bloomberg’s Angus Bennett travelled to Kent, in Southern England, to meet the farmers and migrant workers on the front lines of Brexit. Video by Angus Bennett and Gloria Kurnik ---------- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
Views: 334521 Bloomberg
Bitcoin Is The New Gold | Bloomberg
 
01:11
'Bitcoin is the new gold' says Alyse Killeen on Bloomberg News. bitcoin Bitcoin cash Bitcoin atm bitcoin wallet bitcoin mining Bitconnect Bitconnect lending Bitconnect mining Bitconnect scam Bitconnect ponzi Coinbase Aljazeera crypto cryptocurrency cypto wallet cryptocurrency wallet crypto currency mining ethereum ethereum mining buy bitcoin bitcoins Bitcoin cash top bitcoin bitcoin site bitcoin sites doge coin coins blockchain blockchains blockchain mining bitcoin price litecoin monero auger maidsafe maidsafecoin steem steemit factom lisk i24 regalcoin coinbase genesis mining cloud mining ethereum classic ripple Irs Bitcoin crash Ethereum crash High school dropout NBA draft Lonzo Ball Prodigy Mob Deep Facts Mark Cuban Capitol hill Government Microsoft Summer league Kardashian Jay Z Janet Yellen Bitcoin crashed Pump and dump Master nod Firesale game of thrones hbo Zion Williamson Blockchain Ron Paul Donald Trump Goldman Sachs group Inc Arirang News Asian Markets Asian Crypto marketing best free bitcoin mining best free bitcoin mining pool best free bitcoin mining software bitcoin cloud mining free trial bitcoin mining free electricity bitcoin mining free heating bitcoin mining free money bitcoin mining hack free download bitcoin mining software free download bitcoin mining with free electricity free bitcoin cloud mining bitzfree free bitcoin cloud mining sites free bitcoin cloud mining software free bitcoin mining free bitcoin mining 2015 free bitcoin mining 2016 free bitcoin mining 2017 free bitcoin mining android free bitcoin mining apk free bitcoin mining app free bitcoin mining bot free bitcoin mining cloud free bitcoin mining contract free bitcoin mining fast free bitcoin mining faucet free bitcoin mining for android free bitcoin mining free free bitcoin mining game free bitcoin mining game (earn real bitcoin) free bitcoin mining generator free bitcoin mining hack free bitcoin mining hardware free bitcoin mining india free bitcoin mining legit free bitcoin mining mac free bitcoin mining no deposit free bitcoin mining no investment free bitcoin mining online free bitcoin mining online 2017 free bitcoin mining pc free bitcoin mining philippines free bitcoin mining pool free bitcoin mining pool url free bitcoin mining power free bitcoin mining program free bitcoin mining reddit free bitcoin mining rig free bitcoin mining robot free bitcoin mining script free bitcoin mining server free bitcoin mining sites free bitcoin mining sites 2017 free bitcoin mining sites list free bitcoin mining sites without investment free bitcoin mining software free bitcoin mining software for android free bitcoin mining software for windows free bitcoin mining software mac free bitcoin mining software windows free bitcoin mining software windows 10 free bitcoin mining software windows 7 free bitcoin mining tools free bitcoin mining trial free bitcoin mining trusted free bitcoin mining tutorial free bitcoin mining vps free bitcoin mining websites free bitcoin mining without investment free energy bitcoin mining free ghs bitcoin mining free power for bitcoin mining free vps for bitcoin mining how to mining bitcoin free
Views: 162 Crypto Wolf