Too risky, too tradition-bound - Equivest's Joanna Ponicka on why mining can't attract new investors

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The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

- Mining has to do more work to attract investors, said Joanna Ponicka, vice president of exploration at Equivest.In early May Ponicka spoke to Kitco Mining at Deutsche Goldmesse at Frankfurt, Germany. - The gold market just celebrated a major anniversary, even as it now witnesses the start of a paradigm shift in global demand. - Friday, May 10—May bitcoin futures prices are a bit firmer in early U.S. trading Friday. Trading has been trapped in a range recently.

– Gold prices are seeing renewed upside momentum as more central banks show a willingness to lower interest rates, geopolitical tensions tick higher, and Chinese export data rebounds, according to Joaquin Monfort, European session editor at FXStreet.Bitcoin back above $62k: Is the market headed for a bull run or a rate hike reality check?

Volatility persisted in the crypto market on Thursday as the day started with prices in a downtrend, only for the outlook to improve in the afternoon as Bitcoin reclaimed support at $62,000. – The recent sharp rise in the M2 money supply means the Federal Reserve won’t be able to deliver on expected interest rate cuts this year, according to Bert Dohmen of Dohmen Capital Research.

 

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