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Ernest Hoffman

Crypto/Market Reporter

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Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in Journalism from Concordia University. You can reach Ernest at 1-514-670-1339.

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Latest Archive

The Kwon Identity: Fugitive Terraform Labs founder Do Kwon arrested using fake papers in Montenegro

Thursday March 23, 2023 12:38PM

(Kitco News) - Do Kwon, the founder and CEO of Terraform Labs and the orchestrator of one of the largest and most damaging frauds in the history of crypto, has finally been arrested in Montenegro early Thursday morning.

Telegram now transmits Tether: Messaging platform enables instant USDT transfers through chat

Thursday March 23, 2023 11:32AM

(Kitco News) - In a major step forward for crypto integration, the over 700 million users of instant messaging app Telegram can now buy, sell and transfer the Tether U.S. Dollar stablecoin (USDT) seamlessly through chat.

Catalysts will kick in for $2000 gold as inflation pulls back - Eldorado's George R. Burns

Wednesday March 22, 2023 01:52PM

(Kitco News) - Gold prices will take off when inflation pulls back, and the blockchain will grow the gold market significantly in the coming years, according to George R. Burns, President and CEO of Eldorado Gold.

Fed has 'punished' the gold sector and Musk is 'wrong' on copper - Kai Hoffmann

Wednesday March 22, 2023 12:01PM

(Kitco News) - The Federal Reserve's rate hikes have squeezed the gold sector and the pain is likely to last for some time, according to Kai Hoffmann, founder of Soar Financial and CEO of Oreninc.

Gold will gain from dedollarization, and the critical shortages are not in the metals themselves - Randy Smallwood

Monday March 20, 2023 05:22PM

(Kitco News) - The politicization of the U.S. dollar is forcing banks into gold, while the Fed is making capital more expensive at a time when mines need to invest in growth, according to Randy Smallwood, President and CEO of Wheaton Precious Metals and Chair of the World Gold Council.

$2500 gold will be a reality in 2023 as strong inflation and weak equities push investors into precious metals - Deven Soni, CEO of Matador

Monday March 20, 2023 01:32PM

(Kitco News) - Retail investors will move into gold once the reality of high inflation and weak equities sets in, while the absence of regulatory clarity limits gold's gains on the blockchain, according to Deven Soni, CEO of Matador Gold Technologies, a company that enables physical gold purchases using blockchain technology.

Decarbonization is turning to nuclear energy, which will propel uranium prices higher - Scott Melbye

Monday March 20, 2023 12:12PM

(Kitco News) - The Russia-Ukraine conflict has made energy security a major priority for the United States and Europe, and it's supporting new investment and development in the nuclear energy sector and increased demand for uranium, according to Scott Melbye, Executive VP of Uranium Energy Corporation and President of the Uranium Producers of America.