Luke Gromen: Gold To $6,000 By Midyear As US Faces 1956 Suez Moment

Luke Gromen, founder and president of Forest for the Trees, joins Kitco News Anchor Jeremy Szafron to analyze the macroeconomic fallout from the ongoing closure of the Strait of Hormuz. Gromen explains why the bond market is the real battleground right now and how foreign investors are being forced to sell US Treasuries to finance their energy deficits.The conversation explores shifting global power dynamics, with Gromen drawing direct parallels to the 1956 Suez crisis. He details the vulnerabilities of a 100 year sovereign debt bubble, the potential for an AI driven consumer credit crisis, and why trust in sovereign paper is rapidly declining.As global liquidity risks rise, Gromen highlights why institutions are increasingly treating gold as a final settlement asset and outlines his forecast for gold prices to reach $6,000 by midyear if current geopolitical and energy constraints persist.Recorded on March 11, 2026.Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Luke Gromen on X: @LukeGromen (https://twitter.com/LukeGromen)Timestamps:00:00 CPI And War Shock01:21 Bond Market Commander03:28 Signs Of Stress04:54 Strait And Oil Sorting07:25 Dollar System Mismatch10:50 AI Meets Energy Limits16:00 Gold As Trust Barometer18:46 Portfolio For Households24:33 Bitcoin Quantum And Liquidity26:08 Private Credit Warning27:58 Midterms And Strait Outlook29:55 Actionable Plays And Risks33:43 Gold Target And Wrap#KitcoNews #Gold #LukeGromen #Macro #Investing #Finance #Commodities__________________________________________________________________Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsListen to the PODCAST on🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233🎧 All podcast episodes available here → https://kitconews.buzzsprout.comVisit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.  Live gold price and chart: https://www.kitco.com/charts/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising  Disclaimer:  The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.Disclaimer:  The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.