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Bitcoin is ‘asset risk,’ not viable currency like gold: Market expert

Capitalist Pig bush fund manager Jonathan Hoening and previous financial investment lender Carol Roth on the future of cryptocurrency.

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Kitco News

Trump’s odds now at 7%; betting markets vs. polls as election predictor, explained

Since 10:00 am EST on Friday, November 6, betters have put Donald Trump's odds of winning at 7%, according to information from Betfair.

Betting chances give "at one point, an unbiased value of the possibility of a prospect winning or losing, so it's similar to the gold market," stated Steve Hanke, professor of applied economics at Johns Hopkins University.

0:00 – What wagering probabilities represent
5:43 – Are wagering chances exact forecaster
7:14 – Why surveys are not helpful
13:39 – Are betting markets reliable?
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Kitco News

The fuel behind central banks’ hunger for gold – World Gold Council

Central banks have actually transformed from web vendors of gold into net customers over the last ten years, and also a great deal of this relates to federal governments' changing hunger for risk, this according to Juan Carlos Artigas, supervisor of financial investment study at the Globe Gold Council.

" Central banks also cite safety and diversity in reasons that they invest in gold, and in some sense, gold is a property that can secure their reserves over the long term," Artigas told Kitco News.

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Warren Buffett could easily take out all the gold on the COMEX

The gold and also silver markets are small enough that any kind of substantial inflow of funding could push rates higher, this according to Jeff Clark, senior precious metals analyst of GoldSilver.com.

" The gold market is so small that Warren Buffett can take less than 5% of his cash money as well as buy every signed up ounce of gold on the COMEX," Clark informed Kitco Information on the sidelines of the Vancouver Source Financial Investment Meeting.

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Kitco Information is the world's # 1 resource of metals market details. Our videos include interviews with prominent sector numbers to bring you market-affecting understandings, with the objective helpful people make notified financial investment choices.

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