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Will Gold’s Rally Continue Or Will Yellen Turn It Around? – Frank Holmes

[youtube 5X03WgGq3co] As disappointing nonfarm payrolls data for March propelled gold prices above $1,200/oz, Kitco News speaks with Frank Holmes to find out if he thinks this rally can be sustained. Commenting on the weaker jobs report, Holmes says that the “data point is giving a reflection that the U.S. economy is not on a tear like people were expecting it to be.” Market participants are now eyeing Wednesday’s Federal Open Market Committee minutes to get clues as to when the Federal Reserve will make its first move on rates. […]

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99% Of People Don’t Know When They’re In A Bull Market – Eric Coffin | HRA Advisories

[youtube rxTRhdfeVkA] Eric Coffin of HRA Advisories joins Kitco News to discuss what it’s going to take to get some capital into the junior gold mining sector. Speaking about the 700 or 800 junior mining companies that have been supposed to disappear over the last few years, Coffin says not to underestimate the ability of some promoters. “I never underestimate the ability of promoters to hold these companies together, but I think it is fair to say that the number of companies that can actually go out and raise enough money to do meaningful work is maybe 200 or 300 out of the thousand plus floating around right now.” He points out that everyone needs to focus on the subset of companies with good management and good projects, and that’s where the smart money should go […]

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Is Yellen Or The USD Driving Gold Lower?

[youtube 1Anaxjk9Bxw] Gold prices kicked off the week sharply lower as Frank Holmes is back from the Mines & Money conference in Hong Kong and discusses Fed Chair Janet Yellen’s hawkish comments Friday afternoon and the renewed strength of the U.S. dollar on this edition of Gold Game Film. Holmes notes that weakness in gold prices is a combination of Yellen’s comments spilling into this week and a stronger U.S […]

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Gold Is A Fantastic Commodity – CME Group Precious Metals Head | Kitco News @ The NYMEX

[youtube _t1TEbDwVSI] Kitco News’ Daniela Cambone joins CME Group’s executive director of metals products Harriet Hunnable at the NYMEX to talk about recent gold activity and how she sees the market set up. Hunnable says there is “lots more activity on the exchange” and she notes that trading coming from Asian markets is important to consider. “I’m really excited how the Renminbi market is coming along,” she says. […]

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Was The Fed A Game Changer For Gold? – Gary Wagner | Kitco News

[youtube NCY_LDEn-nA] Gary Wagner joins Kitco News after this action-packed week to share his latest thoughts on the gold market. Wednesday’s FOMC policy meeting caused a stir in the gold market, which is now looking like it may close off the week on a positive note. Wagner says that although it is an extremely oversold market, he wouldn’t be amazed to see gold head higher. […]

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What Rating Will Jim Wyckoff Give Gold & Silver Post-FOMC? | Kitco News

[youtube g_L9vhXvLZQ] Kitco’s Jim Wyckoff provides his take on the market’s interpretation of the latest Federal Open Market Committee (FOMC) meeting. Although the Fed removed “patient” from its monetary policy statement, he says that markets were caught off guard by the central bank’s downgrades, which caused gold to rally. However, he notes that after digesting the news, gold has backed off its highs, suggesting that despite the FOMC meeting, nothing has really changed […]

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PRE-FOMC: The Fed Has To Follow Through With Tough Action – Axel Merk

[youtube b9ls2Vas3S0] Kitco News speaks with Axel Merk ahead of the much anticipated Federal Open Market Committee meeting, which is set to conclude Wednesday afternoon, to see how he expects the markets to react. “Everybody knows what’s going to happen but nobody knows how the market is going to react,” he says. According to Axel, it doesn’t matter whether the Fed raises rates in the summer or the fall, what really matters is forward guidance. […]

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Fed Raising Rates Now Is A Wrong Move – Peter Hug | Kitco News

[youtube Zk-6H4D8s1g] The Fed is all the rage on this green Saint Patrick’s day Tuesday as Peter Hug focuses on the Federal Open Market Committee (FOMC) meeting, which kicked off today and concludes on Wednesday. For Hug, he says he hopes the Fed holds off on any big decisions, with the way the global economy is set up right now “given the global scenario, the disinflationary scenario, at least in Europe – Japan’s still not firing, China’s growth is slowing [and] the U.S. economic numbers that have been coming out recently, some have been ok, but they’re not stellar.” Hug adds that a shift in language tomorrow is possible, which would impact markets, but ultimately believes that Fed “keeps its powder dry a little longer before it starts getting in the way of this market.” Tune in now to hear how much he thinks rates could be raised, and whether or not gold is oversold […]

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Don’t Rule Out A Jump In Gold – Investment Expert

[youtube EUJAsZ67v60] Kitco News speaks with the Women’s Financial Alliance investment expert, Sara Nunnally, who says a price jump for gold may not be out of the cards. “[S]ince gold prices have fallen significantly over the past two years, I think we might find some technical support,” she says. “But even more important is the global economic atmosphere gold is operating in… when you combine the technical aspect with what’s happening in the global economy, you can get a jump in gold prices that we haven’t seen for a little bit.” Nunnally also comments on the U.S […]

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No Reason To Let Dollar Get Stronger – Frank Holmes

[youtube 3N4cz4GEJNQ] Kitco News is back in studio and kicks off the week with Frank Holmes and the Gold Game Film. Holmes comments on gold’s sharp drop last Friday and how he sees the metal set up for the week ahead. “What’s really impressive is that the dollar hit an 11-year high but gold, 11 years ago, was $400 an ounce and oil was $40 a barrel – so gold is doing spectacularly well in that context,” he says, adding that he doesn’t think the Federal Reserve has to raise rates […]