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Fox News

Stuart Varney warns of US inflation spiral amid Russia-Ukraine war

FOX Company host Stuart Varney says 'inflation is not limited to power' throughout his 'My Take.'

STUART VARNEY: Rising cost of living is not limited to power. The cost of wheat has actually increased an unbelievable 50 percent given that February 24th. When the war started. You get a shock at the gas station. You get a shock at the grocery store.

What's Biden mosting likely to do concerning it? Not much. He discusses investing more cash to reduce prices. Not sure that works. He is stated to be thinking about going on with the keystone pipeline. Little bit late for that.

What's the Fed doing regarding it? Jay Powell will certainly increase interest rates a quarter factor this month. That won't do a lot short-term.

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Fox News

Billionaire supermarket owner torches Biden for ‘really dumb’ decision

Gristedes and also D'Agostino Foods Chairman and CEO John Catsimatidis discusses the effect of record-high oil rates on the overall economy. #FOXBusiness #MorningsWithMaria

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Bitcoin takes another dive

Crypto capitalist Carl Runefelt goes over the basics of Bitcoin as the electronic currency drops back listed below $40K amidst battle in Ukraine.

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Congress ‘moving ahead’ to cut off Russian oil imports

Rep. Kevin Brady, R-Texas, goes over the U.S. Home dealing with a bill to ban Russian oil amid climbing gas rates and also Congress encountering a due date to money the federal government as Biden asks for more COVID relief.

REP. KEVIN BRADY: Congress is moving ahead, and also I anticipate bipartisan regulation to be presented soon as very early as today. That would both restriction Russian imports of energy to America as well as would suspend regular trading relations with both Russia and also Belarus. We ought not to be supplying any type of financial support to the Russian economic climate in this battle, nor should we be providing favored trading standing for their items entering into the United States.

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Sen. Manchin courageously stepping up once again to lead Dems on this

Sen. Roger Marshall, R-Kan., on outlawing Russian oil imports..

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Gen. Punaro: Freedoms in the West are at risk

Ret. two-star Marine Corps Gen. Arnold Punaro reviews Head of state Vladimir Putin's 'reckless' actions in Ukraine, countries importing Russian oil and also Taiwan's destiny as Chinese hostility grows.

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Kitco News

Gold price surges on stagflation fears as attack on Ukraine intensifies

As Russia's intrusion of Ukraine increased this week, gold spiked to $1,970 an ounce. New sanctions against Russia activated massive jumps in commodity prices as well. Wheat is up about 40% on the week, palladium is up 22%, as well as oil is up 20%.

Worries of stagflation also started to slip in, with concerns over high product rates influencing rising cost of living and also slowing down growth. Below's a consider Kitco's leading three stories of the week:

3. 'Every little thing is so unclear': Fed is anxious Ukraine battle might push inflation greater, slow-moving development, claims Powell

2. Is Russia' panic gold buying'? And also is panic-selling about to kick in?

1. Gold price to strike $2,150 on Russian invasion, 'really high inflation path'– Goldman Sachs

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Binance follows the sanctions ‘very closely’: CEO

Binance CEO Changpeng Zhao suggests the company complies with all the permissions guidelines amidst the Russia-Ukraine war.

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Kitco News

Gold, silver stocks are exploding and the fireworks aren’t over; Expert’s top picks – John Feneck

Gold and silver miners have rallied year-to-date, however can this run proceed? John Feneck, owner of Feneck Consulting, reviews his top mining supply picks with David Lin, anchor for Kitco News.

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0:00 – Inflation and gold price
6:09 – Gold producers' performance
10:48 – Junior miners' performance
16:20 – Investment approach
17:51 – Mining stock choices

#gold #silver #stocks
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Lithium price skyrocketed 10x over the last 2 years, what’s next? Jonathan Evans

Jonathan Evans, Chief Executive Officer of Lithium Americas, goes over lithium's basics as well as cost expectation with Michelle Makori, editor-in-chief of Kitco Information at the BMO International Metals & Mining Meeting.

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0:00 – Lithium's usage case
5:50 – Battle in Ukraine and Lithium
9:36 – Lithium Americas
16:00 – Strategic collaborations
17:51 – LAC supply performance
20:25 – ESG

#lithium #ElectricVehicle #LithiumAmericas
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