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Kitco
Kitco is a Canadian company that buys and sells physical precious metals such as gold, platinum, palladium, and silver. It also runs a popular website for gold news, commentary, and financial market information.
In the late 1970s, college student Bart Kitner started trading scrap gold using a $700 loan. He refined and sold the resultant pure gold grain on to bigger players. Eventually, he was able to expand his business into other industrial areas and, by the late 1990s, into precious metals products. In 1995 the website Kitco.com was launched, providing market information, such as prices, trends and news. Today, Kitco occupies more than two floors of a Montreal office building and two other offices in New York and Hong Kong.
Kitco News is the journalistic division of Kitco, reporting using articles and videos. Original coverage by Kitco News includes being one of the first organizations to break the story about the Gold Anti-Trust Action Committee's (GATA) lawsuit against the Federal Reserve, as well as focus pieces on issues such as conflict minerals in the Congo. In addition to this, Kitco News reports on price movements within the precious and base metals markets, and provides both fundamental and technical analyses.
While Kitco is primarily a reseller of silver, at times the company has minted bars and rounds under its own name. The rounds were made by Sunshine Minting and were minted with .9999 Fine Silver.
Kitco Products
• Kitco rounds (2009-2011)
• Bitcoin rounds (undated)