Kitco
Encyclopedia
Kitco is a Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 company that buys and sells precious and other metals such as copper
Copper
Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...

, silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...

 and gold
Gold
Gold is a chemical element with the symbol Au and an atomic number of 79. Gold is a dense, soft, shiny, malleable and ductile metal. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Chemically, gold is a...

. It also maintains live quotes and charts for metal prices.

History

The company was founded in 1977 by Bart Kitner using a loan of C$700. It initially operated from Kitner's apartment in Peel Street, Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

. In 1983, it moved into its own office and in 1989 it moved to its present offices in Cathcart Street, Montreal.

Today, Kitco has offices in Montreal, Canada and New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, as well as a significant Internet presence. As of 2008 its website was ranked second only to Wikipedia in searches for the terms gold and silver.

Kitco News

Kitco News is the journalistic division of Kitco; it performs original reporting in the forms of 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
Gold Anti-Trust Action Committee
The Gold Anti-Trust Action Committee is an organization dedicated to investigating and proving its allegation that the quantity of gold held and traded by the world's central banks, international bullion banks and futures exchanges is significantly overstated and that a scheme analogous to the...

) 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 constantly on price movements within the precious and base metals markets, and provides both fundamental and technical analysis.

Terry Wooten, the New York-based editor of Kitco News, recently received the 2011 Silver Em Award, the most prestigious accolade for journalism at the University of Mississippi
University of Mississippi
The University of Mississippi, also known as Ole Miss, is a public, coeducational research university located in Oxford, Mississippi. Founded in 1844, the school is composed of the main campus in Oxford, four branch campuses located in Booneville, Grenada, Tupelo, and Southaven as well as the...

. Other staff members include Debbie Carlson, Allen Sykora, Daniela Cambone, Jon Nadler, Jim Wyckoff, Louie Neil Perez, and Ryan Avila.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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