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Commerzbank still see some more upside in gold
(Kitco News) - Commerzbank note that robust demand in gold ETF's could be responsible for the recent rise in the yellow metal. It noted that the fall in the dollar and the recent drop in yields could have also helped the safe haven as previously the rise in yields helped offer investors another alternative.
Bitcoin daily chart alert - Bulls work to stabilize prices late this week - May 14
(Kitco News) - Bitcoin-U.S. dollar prices are sharply higher in early U.S. trading Friday, as bulls work to stabilize the market after this week’s big sell off that saw Bitcoin hit a seven-week low Thursday, on news that Elon Musk has pivoted and said Tesla will no longer accept Bitcoin as a form of payment.