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Gold slipped below $4,000 this week for the first time since November, the AI trade came roaring back, and a major bank pulled its gold target. So what happens next? In the debut of This Week In Focus, Kitco News anchor Jeremy Szafron breaks down the week with four of the sharpest voices in markets, an economist, a former Fed insider, a financier, and a fund manager, and what they make of the selloff.You will hear former Fed insider Danielle Di Martino Booth on the new Warsh Fed and the private-credit risk she says is already building, fund manager Lawrence Lepard on why he thinks the gold and silver bull is only in the "third inning," financier Frank Giustra on the dollar, de-dollarization, and central bank buying, and economist David Rosenberg, who called the 2008 housing crash, on why he thinks the bull is still alive and his warning to the AI crowd. Plus the story the Western headlines missed: while the West sold, China's banks made it easier for savers to buy the dip.This is our very first episode. If you want This Week In Focus every Friday, tell us in the comments what to keep and who you want to hear from.Recorded June 25, 2026.CHAPTERS00:00 The Week Gold Broke $4,00000:40 The Tape This Week01:50 The Fed's New Risk03:20 The Debt Trap04:50 The Dollar Question07:00 China Buys the Dip08:00 Is the Bull Done?09:50 The TakeawayWatch the full interviews:Danielle Di Martino Booth: (https://youtu.be/0MC95IwhKVk)Lawrence Lepard: (https://youtu.be/GRsXpcuqIc4)Frank Giustra: (https://youtu.be/bNuljOP4Ric)David Rosenberg: (https://youtu.be/ua9V2eOvWkU)Are you buying this gold pullback, or waiting it out? Tell us in the comments.#gold #goldprice #markets__________________________________________________________________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.

Rick Rule says gold's drop below $4,000 rhymes with 1975, when the metal crashed 50% and then rose 8x, and the investors who panic-sold at the bottom missed the entire move. So is this gold selloff the buying opportunity of the decade, or a warning that more pain is coming?Legendary resource investor Rick Rule, founder of Rule Investment Media, joins Kitco News anchor Jeremy Szafron to break down the gold selloff after the price cracked $4,000 for the first time since November and Bank of America pulled its $6,000 gold target. Rule explains why he's pessimistic on gold in the very near term yet still buying, why he expects the political class to cave on interest rates and return to quantitative easing before year-end, and why he believes the US dollar could lose 75% of its purchasing power this decade, just as it did in the 1970s.The conversation goes deep on the mining side too: why gold miners are being priced as if gold were only $3,354 an ounce, a 19% discount to spot, why Rule says the safest, best risk-adjusted way to own gold isn't a miner at all but the royalty and streaming companies, the $250 billion copper-streaming wave he sees coming, the one producer he'd own (Agnico Eagle), what he sold and what he's buying now, the real silver setup beyond the solar headlines, the coming mining takeover wave, where in the world he will and won't own a mine, and why copper could run to $10-12.Recorded June 25, 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Rick Rule on X: @RealRickRule (https://x.com/RealRickRule)Rick Rule will be hosting the 2026 Rule Symposium on Natural Resource Investing, July 6-10 in Boca Raton, and Kitco will be there on the ground. The in-person event is sold out, but you can join the livestream and access the replays through the year here: (https://cvent.me/XOqdLa?via=Kitco-News)CHAPTERS00:00 Gold Breaks $4,00001:17 Rates vs Gold03:55 The 1975 Lesson08:46 What Breaks First14:22 The Crash, Then QE18:31 The Miner Discount19:52 Royalty & Streaming27:05 Rick's Portfolio28:47 The Boca Symposium32:03 The Silver Setup39:40 The Takeover Wave44:50 Where to Own a Mine48:18 Copper's Warning50:16 Takeaways#gold #goldprice #rickrule__________________________________________________________________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.

David Rosenberg says the gold selloff is not the end of the bull market, it is another buying opportunity, and the central banks driving it are only about halfway through their shift out of the dollar and into gold. So is the gold bull market over, or just getting started?David Rosenberg, president of Rosenberg Research and the economist who called the 2008 housing crash, joins Kitco News senior anchor Jeremy Szafron to explain why this is the 12th correction in gold since 1999 and not the end of the bull, why China kept buying the dip while Western leverage was forced to sell, and why he is still bullish on gold and the miners on a three to five year view.The conversation goes well beyond gold. Rosenberg lays out why the entire US economy is now leaning on the S&P 500 and the equity wealth effect, the consumer recession already hiding in the income data, the AI bubble he says is in investor behavior rather than the technology, the circular financing showing up across the AI build out, his read on the Warsh Fed transition and why he still thinks the next move is a cut, inflation versus disinflation after the Iran truce, the state of the Canadian economy and its household debt problem, and where he is actually putting money now, from cash and bonds to bullion, miners, and a surprising bet on beaten down homebuilders.Recorded June 22 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow David Rosenberg on X: @EconguyRosie (https://twitter.com/EconguyRosie) CHAPTERS 00:00 Is the Gold Bull Over After This Selloff02:00 What Caused the Correction: Margin Calls and Weak Hands03:00 12 Corrections Since 1999, and the Greenspan Connection04:00 Central Banks Are Only Halfway Through the Shift05:00 China Bought the Dip: Paper Hands to Strong Hands07:00 Why Gold Is Holding Despite a Strong Dollar and Higher Rates10:00 Everything Rests on the S&P 50011:30 The Consumer Recession Hiding in the Income Data13:30 Greenspan, the Greenspan Put, and Today's Market17:00 The AI Bubble and Circular Financing23:00 Inflation, Disinflation, and the Iran Truce30:00 The Warsh Fed Transition37:00 Canada's Household Debt Problem49:00 A Market Priced With No Risk50:00 Why the Perma-Bear Is Buying Homebuilders52:00 The Playbook: Cash, Duration, Bullion, Miners54:00 Every New Fed Chair Faces a Crisis in Year One56:30 What Would Make Rosenberg Turn Bearish on Gold#gold #goldprice #davidrosenberg__________________________________________________________________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.

Cory Klippsten says Bitcoin's Wall Street era ran straight into a gold-sized reality check: the ETFs and institutions arrived, and it still trades like a high-beta tech stock, down about 30% year to date and roughly 52% off its high, while gold held up far better. So did Wall Street adoption change Bitcoin, or did it just attach it to the same risk cycle?Swan Bitcoin CEO Cory Klippsten joins Kitco News anchor Jeremy Szafron for a straight conversation in front of a gold audience: why a man from a gold family still owns Bitcoin, why he says crypto's stablecoin era actually made the US dollar stronger, and why the fastest-moving story right now is the push to pull every asset, payment and ID inside a permissioned system, from digital identity to AI age-gating, arriving faster than he expected. Plus the common ground gold and Bitcoin owners share: holding the real thing, outside the system.Recorded June 24 202600:00 A gold family, and he still owns Bitcoin01:00 The honest scoreboard, and what to tell someone sitting on a loss03:30 Don't be a trader, buy what you understand04:00 Why Bitcoin sells off with AI and high-beta tech04:30 ETFs: the cart before the horse, and paper hands06:00 Exposure is not ownership: the sovereignty multiple08:30 The casino, and why the Bitcoin-vs-crypto war is over13:00 Is the four-year cycle just a meme now?14:00 52% off the high, and the dampening of Bitcoin's swings15:30 Risk-on for those who don't understand it, risk-off for those who do16:00 Bessent on dollar dominance, and did crypto make the dollar stronger?19:00 Why the "dollar decline" story may already be over21:00 The permissioned system: digital ID, the UK bill, AI age-gating24:00 "It's 1984, brave new world"24:30 Why it's arriving faster than expected27:00 Inside the system vs outside the system, and self-custody29:30 Moving from ETF exposure to real on-chain Bitcoin33:00 Three stores of value: Treasuries, gold, and Bitcoin35:00 How a curious gold investor should actually start38:00 Two horses in the race against fiat collapse#gold #bitcoin #dollar__________________________________________________________________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.

Kevin Warsh just concluded his first meeting as Fed Chair, and while the vote was unanimous, the underlying data points to severe economic stress. Bankruptcies are up 38.4% year-over-year, margin debt has hit a record $1.42 trillion, and the Fed is officially forecasting that inflation will stay stuck at current levels.Kitco News Senior Anchor Jeremy Szafron sits down with Fed insider and QI Research CEO Danielle DiMartino Booth to break down why the Fed's refusal to signal rate cuts is accelerating a debt crisis. DiMartino Booth exposes the real labor market numbers, warns of a looming private credit blowup, and explains why the immediate $150 drop in gold might actually be a textbook buying opportunity for investors seeking cover.Recorded June 17 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Danielle DiMartino Booth on X: @DiMartinoBooth (https://twitter.com/DiMartinoBooth)Interview Timestamps:00:00 Warsh Shocks Markets01:06 Fed Insider Joins01:40 Unanimous Vote Deep Divide03:26 Debt Risks And Yield Curve05:46 Less Guidance More Credible07:42 Gold Whipsaw Explained09:47 Private Credit Stress Points11:12 Task Forces And Outsiders13:00 Host Recap New Fed Era13:55 What Changes Next14:50 Bottom Line And Sign Off#Gold #FederalReserve #Economy #Markets #PrivateCredit #Finance __________________________________________________________________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.

Legendary precious metals investor Lawrence Lepard says this gold selloff is a pause, not the peak. With gold off its highs and the mainstream calling the run finished, he explains why he is still buying and why he believes the real move is still ahead. Is the gold bull market over, or is this the dip before the next leg higher?Gold ran to a record 5,589 dollars and silver cleared 121 dollars before both pulled back hard, and this week new Fed Chair Kevin Warsh delivered a hawkish hold that surprised the market. Larry Lepard, founder of Equity Management Associates and author of The Big Print, sits down with Kitco News anchor Jeremy Szafron to explain why the correction does not worry him, why he believes the real move is still ahead, and what the average saver should actually do right now.Jeremy and Larry get into the debt doom loop and the 1.3 trillion dollars a year the US now spends just on interest, the 9 trillion in debt that has to be refinanced, why Lepard expects yield curve control and the big print, the strong dollar and positive real rates working against gold today, silver's run to 121 and the supply deficit underneath it, why he sees the best value in the silver miners, the honest case for and against bitcoin as digital gold, and his view that there is a better world on the other side of this through a return to sound money.Recorded June 18 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Lawrence Lepard on X: @LawrenceLepard (https://x.com/LawrenceLepard)CHAPTERS00:00 Gold's Record Run And The Selloff01:00 Why Lepard Is Not Worried About The Correction04:00 The Debt Doom Loop And 1.3 Trillion In Interest08:00 Kevin Warsh And The Hawkish Fed Surprise10:00 The Big Print And Why Yield Curve Control Is Coming12:00 I Blew The Call: Lepard On Getting The Fed Wrong15:00 The Strong Dollar And Real Rates Problem For Gold18:00 Why A Rate Cut Could Come Before The Midterms21:00 Gold And Silver Are Still Early In This Bull Market22:00 Silver's Run To 121 And The Supply Deficit25:00 Why Silver Miners Are The Real Opportunity36:00 The Bitcoin Question: Digital Gold Or Hype44:00 What The Average Saver Should Do Right Now48:00 The Hope Note: A Return To Sound Money52:00 Final Thoughts And Greenspan's Lesson#gold #silver #LawrenceLepard__________________________________________________________________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.

Mining financier Frank Giustra says the gold selloff is being completely misread. The smart money, the central banks, never sold. It was the speculators and the loose hands bleeding out, while the structural buyers that drove this bull market never flinched. So is the gold bull market over, or is this the pause before the next leg?Frank Giustra, founder and CEO of the Fiore Group, joins Kitco News anchor Jeremy Szafron for a wide ranging conversation on gold, the dollar, copper, and the slow rebuilding of the global monetary system. Giustra has founded and financed gold and copper companies for 45 years and has held physical gold since 2001 without selling an ounce.In this interview: why this is not a normal gold market, the de-dollarization trade that began when the US froze Russia's reserves, the new regime in which gold rose alongside a strong dollar and positive real rates, why central banks are price inelastic buyers, what the Gulf states are and are not selling, the US debt trap and Ferguson's Law, the risk of a dollar crisis, how China's mBridge system and new gold vaults could let trade settle in gold outside the dollar, whether new Fed Chair Kevin Warsh will hold the hawkish line or fold, the structural copper supply deficit, and what Giustra says the average person should actually do to protect their savings.Recorded June 19 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)Follow Frank Giustra on X: @Frank_Giustra (https://twitter.com/Frank_Giustra)CHAPTERS 00:00 The Dollar Admission That Set This Up 01:40 Why This Is Not A Normal Gold Market 03:00 De-Dollarization And Why It Keeps Going 05:00 The New Regime: Gold Broke Its Old Rules 07:00 Why Central Banks Do Not Care About The Price08:00 Foreign Central Banks And Gold Versus Dollars 09:00 Is The Gulf Selling Gold? Russia, Turkey, Azerbaijan 10:00 The Debt Trap And Ferguson's Law 13:00 Could There Be A Run On The Dollar 14:00 mBridge: China's Gold Settlement System 17:00 Will Fed Chair Warsh Hold Or Fold 19:00 The Copper Supply Deficit 22:00 Freedom Copper And The White House 36:00 Jurisdiction Risk: Bargain Or Value Trap 40:00 What The Average Saver Should Do Now 44:00 The Dinosaur's Final Word#gold #goldprice #frankgiustra__________________________________________________________________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.

Former Wall Street FX Chief David Woo breaks down the real financial impact of the US-Iran deal, why the AI bubble is the market's biggest threat, and how it all sets up the next major rotation into gold.Jeremy Szafron, Senior Anchor at Kitco News, sits down with David Woo to cut through the mainstream relief rally. Woo explains why the recent Middle East peace deal is a strategic blow to dollar dominance, how government regulation and Chinese commoditization (DeepSeek) are creating cracks in the "House of AI," and why incoming Fed Chair Kevin Warsh will be forced to sound incredibly hawkish. Plus, a deep dive into the thesis behind his new novel, the reality of SpaceX's valuation, and why he believes the next institutional capital rotation will heavily favor safe havens.Recorded June 15 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow David Woo on X: @Davidwoounbound (https://x.com/Davidwoounbound)CHAPTERS:0:00 The Book Paul Tudor Jones Recommends0:31 Meet Former Wall Street FX Chief David Woo1:08 The US-Iran Deal: A Complete Capitulation3:33 What The Market Is Missing About Oil5:15 Why Gold Is The Ultimate Dollar Hedge6:39 The US Defense Debt Spiral8:30 Is The US Dollar Propped Up By Tech?9:53 The First Crack In The AI Bubble14:12 How China Will Commoditize AI17:10 The Global Tech Battleground20:23 The Truth About Globalization22:46 Wall Street: Better Lucky Than Right?26:52 The Economic Root Of Political Populism29:24 The Voters Wall Street Forgot29:43 The Next Massive Economic Blind Spot30:29 The Danger Of Recursive AI Learning32:20 Why Tech Companies Can't Monetize AI33:43 The Catalyst That Will Pop The Bubble35:21 The Reality Of SpaceX's Valuation37:33 Kevin Warsh And The Federal Reserve40:59 How The AI Wealth Effect Drives Inflation43:04 Real Yields: What Gold Is Actually Fighting45:23 Oil Prices And The Bond Market Lag47:12 The 'Very Bullish' Setup For Gold49:55 Why Central Banks Buy Gold, Not Silver51:48 Geopolitics Has Replaced Economics53:47 How To Survive The Next Market Cycle#DavidWoo #KitcoNews #Gold #USInvestments #AIBubble #USIranDeal #FederalReserve #Macroeconomics __________________________________________________________________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.

Gold futures tested the key $4,000 psychological level this week under intense selling pressure before catching a late Friday bid. Gary Wagner joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the technical damage and explain why he sees a "60% to 70% probability" that gold has established a firm technical floor.Wagner outlines the critical resistance levels gold must break to save its broader bullish trend, noting that a return to record highs will be a "hard climb back up." The analysis also covers silver's resilience as it reclaims its 200-day moving average, outperforming gold during the recent drawdown. Plus, Wagner weighs in on how macro liquidity shifts - including the $75 billion SpaceX IPO and reports of a possible interim U.S.-Iran agreement around the Strait of Hormuz - are impacting the charts, and what the CME's upcoming move to 24/7 trading for retail gold contracts means for technical weekend gaps.Recorded June 12 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Gary Wagner on X: @goldforecast (https://x.com/goldforecast)CHAPTERS 00:00 - Gold Tests $4,000 & Market Macro Shifts01:45 - The $4,000 Technical Floor & Support Levels06:40 - $6,000 Elliott Wave Target & Resistance at $4,37009:50 - Inflation Data & Fed Rate Hike Probabilities11:50 - Silver Outperforms & Reclaims 200-Day Moving Average21:20 - CME 24/7 Gold Futures Trading Impact25:00 - Gary Wagner's Technical Roadmap for Next Week#Gold #Silver #GaryWagner #KitcoNews #Investing #TechnicalAnalysis #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.

Tech, gold, and silver are plummeting together today in what 40-year veteran floor trader Todd 'Bubba' Horwitz calls a "100% margin call." In this interview with Kitco News, Bubba breaks down why the simultaneous liquidation across safe havens and risk assets is a warning sign of a system-wide flush. He explains why the massive $2.3B insider liquidation at AI giant CoreWeave is a distraction from the real structural rot in the economy, warning that true unemployment is already sitting at 8.5%. While Bubba forecasts an eventual 40% to 60% market crash, he explains his exact options strategy for staying long the market, the specific tickers he is accumulating today, and his exact buy levels for physical silver as the washout continues. Recorded June 9 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) 0:00 - The Tech & Gold Margin Call1:23 - The $2.3B Insider Tech Liquidation3:00 - Are Mega-Caps Exhausted?4:10 - SpaceX, Private Markets & Liquidity8:45 - CPI, Oil, & Macro Escalation10:30 - The 8.5% Unemployment Reality12:45 - Debt & The "Keynesian Rot"15:30 - "100% A Margin Call"18:40 - Silver's Washout & Exact Buy Levels23:15 - Exact Stocks Bubba is Accumulating Today26:45 - Options Strategy: Hedging the 60% Crash #MarketCrash #MarginCall #Silver #Gold #BubbaHorwitz #KitcoNews__________________________________________________________________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.

Gold prices are facing a major live test as the market digests hot jobs data, rising yields, and a sudden U-turn in Federal Reserve rate hike expectations. But is this current selloff a sign that the gold bull market is over, or simply a "base camp" pause before the next leg higher?Jeremy Szafron, Senior Anchor at Kitco News, sits down with Ronald-Peter Stöferle, Managing Partner at Incrementum AG and co-author of the 20th anniversary In Gold We Trust report. Stöferle breaks down why Western investors are panic-selling, how the $140 trillion bond market is rotating into hard assets, and the "creeping remonetization" of gold driven by central banks and emerging markets. Stöferle also outlines the strict fundamental criteria generalist investors are demanding from gold and silver miners today, and exactly what signals to watch before trying to buy the bottom.Record June 8 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Ronald-Peter Stoeferle on Twitter: @RonStoeferle (https://twitter.com/RonStoeferle)CHAPTERS:00:00 Gold Pullback Setup00:46 Meet Ronald Stöferle01:09 Why Gold Is Correcting03:28 Base Camp Before Next Leg05:06 Is The Bull Market Over?08:12 Liquidity Panic Lessons12:48 Remonetization Thesis16:55 Scaring Investors Out Of Bonds22:15 Six Vectors Of Remonetization29:18 China And Emerging Demand32:50 Gold As Trade Pressure Valve38:44 Miners' Cash Flow And Strategy43:37 How To Buy The Bottom46:58 Targets: $4,800 To $8,90049:43 Final Signals And Wrap #Gold #GoldPrice #KitcoNews #Investing #Macroeconomics__________________________________________________________________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.

Is the recent 7% drop in silver a warning sign, or the final shakeout before a massive repricing? Kitco News Senior Anchor Jeremy Szafron sits down with Michael Oliver, founder of Momentum Structural Analysis, to break down why his $300 to $500 silver target remains intact despite hot U.S. jobs data and a shift in Fed rate expectations. Oliver unpacks his long-term momentum charts, detailing how silver was "caught in a box" for 50 years and why it is now poised to enter a new price reality. He also warns of a brewing government bond crisis, a potential landmine for the S&P 500 below the 7,000 level, and why silver miners are positioned to outrun the metal itself.Recorded June 5 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Michael Oliver on X: @Oliver_MSA (https://x.com/Oliver_MSA)Michael Oliver’s website for more information: (https://www.olivermsa.com/)Chapters:00:00 Silver Selloff Sets the Stage01:03 Jobs Report Sparks the Drop01:49 Why the Fed is Irrelevant to Metals03:58 Momentum Signals Over Price05:22 Six Months of Market Shakeouts07:55 Breakout Triggers and Key Levels10:45 Was Silver Mispriced for 50 Years?15:04 The $500 Silver Target18:11 Bond Crisis and Debt Monetization24:35 Gold vs. Silver: The Beta Play27:05 Investor Timing and Entry Points28:41 The S&P 500 Top Setup29:59 Breakout Then Breakdown32:35 S&P 500 Landmine Below 7,00034:57 Credit Cracks are Showing38:16 The Rotation Into Gold39:13 Paper vs. Physical Silver Markets41:38 Why Conventional Wall Street Models Miss43:13 Silver's "Tantrum" Signals45:34 Miners' Breakout Trigger49:56 The Exit Strategy and New Reality54:00 Closing Thoughts #Silver #Gold #KitcoNews #Investing #StockMarket #Macro #MichaelOliver__________________________________________________________________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.

Gold is holding support near $4,500 an ounce following a 30-day pullback, but Dr. Marc Faber says investors focusing on day-to-day volatility are missing the larger structural shift. In this interview with Kitco News Senior Anchor Jeremy Szafron, the publisher of the Gloom, Boom & Doom Report explains his 50-year strategy for holding physical gold, why he hopes prices fall further to accumulate more, and his warnings about the tightening liquidity squeeze in private credit and broader markets.Faber also breaks down central bank gold accumulation, his assessment of the AI technology capital spending boom, and why storing precious metals outside the banking system is critical for long-term wealth protection.Recorded June 4 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Dr. Marc Faber on X: @gloomboomdoom (https://x.com/gloomboomdoom)Timestamps:00:00 Gold Pullback Setup01:34 Liquidity Tightening Thesis08:43 Private Credit Warning Signs10:40 Two Economies And Inflation15:16 Household Survival Strategy18:31 Energy Stocks Value Case22:27 AI Bubble Reality Check26:27 Bubble Psychology Lessons34:08 Central Banks Buying Gold39:58 Portfolio Allocation Playbook45:18 War Risks And Safe Assets52:25 Gold Custody And Confiscation56:45 Final Wrap And Subscribe#Gold #MarcFaber #KitcoNews #PreciousMetals #Investing #Macroeconomics #GoldPrice __________________________________________________________________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.

Is the "Build Phase" of the AI revolution creating a structural inflation shock the market is ignoring? Tavi Costa, Founder and CEO of Azuria Capital, joins Senior Anchor Jeremy Szafron to map out the collision between massive global debt, shrinking physical metal supplies, and the scramble for strategic resources.They break down why the math behind central bank reserves is shifting, with gold surpassing U.S. Treasuries as a primary reserve asset. Tavi argues this isn't just a political statement, but a calculated response to a Treasury market increasingly behaving like an emerging market. The discussion moves into the mechanics of the supply crunch, explaining why record-high copper and silver prices are failing to incentivize new production due to the "byproduct trap." Finally, Tavi addresses the "Build Phase" paradox: while AI may be deflationary in its mature stage, the current, capital-intensive race to construct the global electrical grid is consuming raw materials at an unsustainable rate. Recorded June 3 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Tavi Costa on X: @TaviCosta (https://x.com/TaviCosta)00:00 Gold Tops Treasuries00:57 Debt Trap And Rate Suppression03:58 What Breaks If Fed Hikes05:48 Main Street Inflation Squeeze08:50 Populism And Mining Risk09:17 Emerging Markets Rotation11:11 Copper Price Discovery14:13 Where New Supply Comes From17:39 Silver Deficit And Repricing20:54 Mining M&A And Orla Risks23:43 Pricing Jurisdictional Risk29:39 Argentina As Reform Roadmap34:28 Government Metal Intervention39:01 Managing Mining Volatility45:56 What Would Break The Thesis49:19 Closing Thoughts #KitcoNews #Gold #Copper #MiningStocks #TaviCosta #Inflation #Macro #AI #Silver #Investing #Commodities #Mining__________________________________________________________________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.

Retired US Navy Commander Phil Ehr joins Kitco News to break down why the global copper market is rapidly transitioning from a basic industrial story into a critical national security risk.Commander Ehr details how maritime chokepoints, specifically the Strait of Hormuz, are threatening the sulfuric acid supply chains required for copper refining. He unpacks the looming 2027 Pentagon procurement deadlines restricting materials from adversarial nations and warns that the defense sector will likely take priority over the consumer grid and AI data centers as critical mineral supplies tighten."Copper is the glue that holds it all together," warns Commander Ehr, noting its non-negotiable role in everything from advanced missile guidance to the modern power grid.Recorded June 2 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)Follow Phil Ehr on X: @PhilEhr (https://twitter.com/PhilEhr)00:00 Copper Becomes Security01:20 Meet Commander Phil Ehr02:44 Why Copper Powers Defense05:15 Hormuz Chokepoint Shock08:05 2027 Pentagon Sourcing Rules10:05 Rare Earth Export Squeeze12:19 Mining Timelines vs AI Demand16:50 Who Gets Copper First18:43 Allied Supply Chain Push20:57 Finding Real Copper Projects23:54 Campaign Plug and Signoff24:50 Final Takeaway #Copper #NationalSecurity #SupplyChain #Macroeconomics #KitcoNews__________________________________________________________________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.

The S&P 500 just hit all-time highs while inflation runs at 3.8% and real incomes fall for the third consecutive month. At the same time, gold has pulled back 12% despite ongoing geopolitical turmoil, and global bond yields are hitting multi-decade highs. Kitco News Senior Anchor Jeremy Szafron sits down with Peter Boockvar, CIO of OnePoint BFG Wealth Partners and author of The Boock Report, to decode the market's most glaring contradictions.Boockvar breaks down the reality of this morning's PCE inflation print and explains why the long end of the bond market has officially seized control of monetary policy from Kevin Warsh and the Federal Reserve. The discussion uncovers the real reason gold sold off—and why its structural transition into the world's "neutral asset" for global trade is actually accelerating. Discover what the record 6% default rate in private credit signals about the K-shaped economy, why the AI trade is hitting physical commodity constraints, and where Boockvar is finding high-yield defensive opportunities as the two-speed economy cracks.Recorded May 28, 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)Follow Peter Boockvar on X: @pboockvar (https://twitter.com/pboockvar)Chapters:00:00 The Gold Pullback01:32 The Bull Case02:54 Inside the 3.8% PCE Print03:54 Structural Inflation07:16 The K-Shaped Economy09:17 Warsh & Fed Politics12:10 Bond Market Takes Control15:17 The Liquidity Boom16:30 Gold's New Monetary Role20:22 When the Thesis Breaks22:07 The Silver Setup23:41 The AI Trade26:28 Private Credit Stress29:37 AI's Inflation Problem33:52 The China Tech Threat35:42 The Defensive Rotation37:52 Agriculture & Fertilizer39:57 The Next Gold Catalyst42:25 Japan & The Yen43:48 What Markets Get Wrong45:03 Closing & Subscribe#Gold #Macroeconomics #FederalReserve #PeterBoockvar __________________________________________________________________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.

Spot gold and silver are sliding to two-month lows as paper markets react to a potential U.S.-Iran interim peace draft, even as President Trump calls the Iranian reports a "complete fabrication". But behind the futures screens, the physical market is undergoing a massive structural overhaul. Kitco News Senior Anchor Jeremy Szafron sits down with Josh Phair, CEO of Scottsdale Mint and the Wyoming Reserve, for an exclusive ground-level update.Phair breaks down the reality of physical supply, revealing why silver is actively leaving the United States for overseas markets and why LBMA good delivery premiums have jumped 20 to 40 cents in recent weeks. The discussion uncovers the quiet corporate shift away from paper—including tech companies planning $200M physical bullion purchases and Tesla amending SEC bylaws for physical gold. Discover what the operational flow tells us about the decentralization of physical assets, the State of Texas releasing its own gold coins in six weeks, and why the ultimate financial reset is tracking toward 2030.Recorded May 27 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Josh Phair on X: @JoshPhilipPhair (https://twitter.com/JoshPhilipPhair)Chapters:00:00 Trump, Iran & Gold Drop01:07 Q1 Demand vs Current Flow05:32 Tech Giants Buying Gold11:45 The $50B Wyoming Fund14:17 The SILVER Act Impact17:35 Texas Gold Coins Coming18:44 Global Bullion Interventions26:06 The Real Silver Bottleneck29:43 Moving Silver by Air31:00 Analysts Missing the Paradigm32:31 $325B in Bank Losses37:30 Home vs Private Vaults40:11 The 2030 Reset Timeline42:53 Market Wrap & PCE Data #Gold #Silver #PreciousMetals #JoshPhair __________________________________________________________________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.

The American consumer is flashing historic warning signs, yet Wall Street is celebrating record corporate earnings. How are both true at the same time? Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist, joins Kitco News anchor Jeremy Szafron to break down the mechanics of the "Two Economies."Dr. Thornton uncovers the truth behind the historic S&P 500 valuations, warning that the market hasn't been this overvalued in 150 years. He also takes aim at the Federal Reserve, calling the Kevin Warsh nomination the "biggest hit job" on the precious metals market, and explains why a Volcker-style rate hike is impossible with U.S. debt above 100% of GDP. Plus, a deep dive into the SILVER Act, the Cantillon Effect, and why the Middle East energy shock will embed inflation for years to come.Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Dr. Mark Thornton on X: @DrMarkThornton (https://x.com/@DrMarkThornton)Chapters:00:00 TWO ECONOMIES, ONE WARNING01:18 MEET MARK THORNTON02:23 THE AUSTRIAN CYCLE04:56 LATE-CYCLE WARNING SIGNS07:49 BROAD BOOM OR BUBBLE?10:34 JOBS: STRENGTH OR BUBBLE SIGNAL?11:55 WARSH TAKES THE FED12:41 DEBT LIMITS RATE HIKES13:54 METALS CRASH, BANKS READY?19:54 BOND MARKET BREAKING POINT22:16 CAN CREDIBILITY BEAT INFLATION?24:49 SILVER’S VIOLENT BULL MARKET28:04 THE SILVER ACT REACTION32:20 WAR, ENERGY AND INFLATION36:17 THE CANTILLON EFFECT40:09 HOW LONG CAN THIS LAST?43:13 FED HQ RENOVATION SYMBOLISM45:31 ADVICE FOR WORKING FAMILIES49:20 WHAT BREAKS THE METALS TRADE?53:36 GOLD, SILVER AND FREEDOM56:13 FINAL TAKEAWAY#gold #silver #inflation #Fed #KevinWarsh #markthornton #kitconews #preciousmetals #economy #recession__________________________________________________________________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.

Wall Street is pushing toward record highs, but the bond market is flashing a severe warning. Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Asset Management, joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the massive disconnect between equities and the 30-year Treasury.Following the swearing-in of new Federal Reserve Chair Kevin Warsh and recent warnings from Bill Dudley, Schiff argues that "hawks are extinct" at the central bank and the 2% inflation target is now a pipe dream. Schiff details his timeline for a sovereign debt crisis, warning that the U.S. national debt will hit $50 trillion before the end of the presidential term, and explains why inflation could be worse under a second Trump administration than under Biden.Schiff also provides a critical update for physical metals investors. He breaks down why silver's recent run to $125 was just the first stop, where the AI tech bubble wealth will actually go when it evaporates into "money heaven," and shares an exclusive update on the future of tokenized gold (tGold) as a medium of exchange.Recorded May 26 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Peter Schiff on X: @PeterSchiff (https://x.com/PeterSchiff)Timestamps:00:00 MARKETS DIVERGE00:53 BOND MARKET WARNING02:18 REAL RATES & GOLD02:56 DEBT MANAGEMENT STRESS04:06 FED CREDIBILITY TEST06:10 INFLATION UNDER TRUMP07:51 CENTRAL BANKS BUY GOLD09:26 NO SOFT LANDING12:20 WAR, OIL & YIELDS13:11 FISCAL RESPONSIBILITY DEAD15:55 SILVER BREAKOUT17:55 RETAIL DEMAND RETURNS21:19 BUYING THE PULLBACK24:32 AI "MONEY HEAVEN"26:00 AI BUBBLE FALLOUT26:38 MINERS BUBBLE NEXT27:43 M&A WAVE BEGINS28:50 WHY JUNIORS WIN30:33 VALUATIONS STILL CHEAP32:00 IS IT TOO LATE?33:39 PRICE CONTROLS PLAYBOOK36:03 CAPITAL CONTROLS RISK38:10 ENDGAME SIGNALS41:00 PORTFOLIO ALLOCATION43:09 GOLD AS CASH45:01 TOKENIZED GOLD (tGOLD)47:15 GRESHAM'S LAW & BITCOIN#PeterSchiff #USDebt #Silver #Gold #FederalReserve #KitcoNews _________________________________________________________________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.

Is the final parabolic melt-up finally here? David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, joins Jeremy Szafron to break down the mechanics of the market's "final blow-off" and the 80% deflationary bust he predicts will follow.As the S&P 500 pushes into record territory, Hunter explains why he believes we could see the market top as early as Labor Day. In this deep dive, we examine the hidden leverage in private equity, the potential for a $20 trillion Fed bailout, and why incoming Fed Chair Kevin Warsh is facing an "inflation bind" created by the AI infrastructure boom.Is your portfolio ready for the 80% wipeout—and the 25% inflation that Hunter expects to follow in the 2030s? Watch until the end for Hunter’s exact exit signal to watch before this 44-year bull market ends.Recorded May 20 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow David Hunter on X: @DaveHcontrarian (https://twitter.com/DaveHcontrarian)0:00 - The Parabolic Melt-Up Timeline3:00 - Where is the Monetary Fuel?5:00 - $2 Trillion Deficits vs. Deflationary Bust7:30 - Identifying Market Cracks (Private Equity/Credit)9:30 - Gold and Silver Cycle Targets ($6,800 / $180)15:00 - Precious Metals: Physical vs. ETFs19:00 - Central Bank Gold Accumulation23:30 - Industrial Silver: Substitution & Demand Destruction25:00 - The Bond Maturity Wall & Inflation33:00 - Where does the 80% bust start? (Offshore triggers)43:00 - Mining Sector: The Next Dot-Com Bubble?53:00 - The Accountability Check: What proves this wrong?55:30 - The Exact Exit Signal to Watch#DavidHunter #StockMarketCrash #Gold #Silver #Investing #MacroEconomics #KitcoNews #Fed #Nvidia #Inflation #MarketMeltup__________________________________________________________________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.

Silver veteran David Morgan debunks the COMEX default narrative, reveals why wholesale dealers are flooded with metal and why that is actually bullish, and names the one bond market signal that says the monetary reset is getting close.David Morgan — publisher of The Morgan Report and author of The Silver Manifesto — breaks down the structural divide in the silver market right now. Wholesale retail dealers are sitting on excess supply while commercial bars remain tight. The COMEX default story that has circulated for a decade has never materialized, and the objective inventory data from 2022 through 2025 proves it. Meanwhile, what silver did at $50 — stalling for seven trading days before exploding to $120 — is the exact same psychological setup investors should expect at $100.Morgan also addresses Hong Kong's July gold clearing rollout designed to rival London, the copper substitution threat to solar demand and why it is not a near-term driver, the energy cost squeeze separating royalty companies from miners, and why his number one signal for precious metals before year-end is not the silver price — it is the bond market.Recorded May 21 2026─────────────────────────────────────────WHAT YOU WILL LEARN IN THIS INTERVIEW─────────────────────────────────────────• Why the COMEX silver default argument is fundamentally wrong — and what the actual inventory data shows from 2022 to 2025• What the 2008 financial crisis tells us about silver in a credit contraction — silver rose 500% vs gold's 300% from the bottom• Why dealers running out of storage space from silver sellbacks is actually a bullish structural signal• The $50 psychological stall and exactly what to expect when silver tests $100 again• Hong Kong's July gold clearing system and why Eastern pricing power is a structural shift not a cycle• Why solar copper substitution cannot happen at the speed the market is pricing in• Silver price inelasticity — why industry will bid up to almost any price rather than go out of business• Why royalty and streaming companies are insulated from rising energy costs in ways direct miners are not• The one signal David Morgan is watching before year-end — and why he says it is getting close─────────────────────────────────────────CHAPTERS─────────────────────────────────────────00:00 Data Over Hype01:22 Macro Credit Crunch Setup01:58 How Silver Acts in Crises03:47 Liquidity Lessons From 200804:58 Retail Sellbacks and Price Walls08:03 Industrial Demand and Stockpiling11:09 Asia Imports and Accumulation12:34 Signals From ETFs and COMEX13:55 COMEX Default Myth Debunked19:11 What to Watch Instead19:46 Price Discovery and Volatility21:04 Deficits Then vs Now23:26 Silver Price Elasticity24:24 Industrial Demand Inelasticity25:51 Hong Kong Gold Challenge27:55 Silver Institutional Bid29:41 Solar Substitution Debate31:56 Energy Costs and Mining Equities36:45 Who Sells Silver at $100?39:20 The Ultimate Bond Market Signal42:12 Silver Sunrise and Final Thoughts#SilverPrice #DavidMorgan #KitcoNews #GoldPrice #PreciousMetals__________________________________________________________________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.

The 30-year U.S. Treasury yield is testing 5.18%, fundamentally shifting the math for equities, credit, and the traditional 60/40 portfolio. While Wall Street continues to buy the AI tech dream, Oxbow Advisors Founder and Managing Partner Ted Oakley warns of a severe disconnect between the stock market and the real economy.In this Kitco News exclusive, Oakley breaks down the risks of late-cycle complacency and explains why the passive bid keeping the S&P 500 afloat will eventually dry up. Oakley details the physical energy reality behind the $725 billion AI buildout, sharing exactly why institutions will soon be forced to buy energy stocks, and lists his top pipeline and driller stock picks. He also outlines his contrarian view on precious metals, explaining why gold may need a $500 drop to flush out momentum buyers before its next major leg higher, and reveals the gold and silver miners currently sitting at historic profitability spreads. Finally, Oakley shares his core wealth preservation rules for investors navigating a high-yield environment.Recorded May 19, 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Ted Oakley on X: @Oxbow_Advisors (https://twitter.com/Oxbow_Advisors)CHAPTERS:00:00 Markets Shifting01:42 Bond Yields Break the Math03:21 Fed Policy and Floating Rate Risk05:29 Passive Investing and Late Cycle Complacency09:22 AI Buildout Meets Commodity Reality14:40 Energy Playbook and Stock Picks22:13 Gold Pullback Setup23:30 Spotting Momentum Washouts25:07 Which Miners To Buy27:36 Family Wealth Rules29:15 Real Estate And Liquidity Events37:35 Energy Mispricing Finale #Investing #Gold #StockMarket #TedOakley #KitcoNews__________________________________________________________________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.

Is the stock market entering a massive bubble? Clem Chambers, CEO of Online Blockchain plc, joins Kitco News anchor Jeremy Szafron to break down why the AI infrastructure build-out and U.S. deficit spending are fueling a 2-year market bubble. Chambers also analyzes President Trump's high-stakes visit to China and Xi Jinping's warning over Taiwan, explaining why physical gold acts as the ultimate "thermostat" for global geopolitical risk.Moving beyond the semiconductor hype, Chambers outlines the hidden "choke point" in the AI revolution: a severe lack of electricity and grid capacity. He details why the real investment opportunities lie in hard assets, industrial batteries, and copper as the physical supply chain scrambles to meet surging energy demands. Finally, the two discuss central bank liquidity, the ongoing U.S. deficit, and how to navigate the markets as capital rotates away from geopolitical stress.Recorded May 14 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)Follow Clem Chambers on X: @ClemChambers (https://twitter.com/ClemChambers)00:00 Trump-Xi Summit Meets the Markets01:14 Gold as a Geopolitical Thermostat03:05 What News Actually Moves Physical Gold?05:02 The Rare Earths Reality Check07:10 Dollar Strength vs. "War Gold"10:30 Silver's 'FOMO' Washout13:45 The New U.S.-China Trade Wall17:17 The AI Power Bottleneck Trade18:44 Hidden AI Supply Chain Plays20:44 Printing Money vs. Real Productivity22:10 Finding Value in Hard-Asset Infrastructure23:52 The Nasdaq Bubble Playbook26:37 Energy Stress & Geopolitical Bottlenecks32:10 Fed Liquidity & The Investor Playbook#Gold #StockMarket #AI #Geopolitics__________________________________________________________________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.

While markets focus on the trade negotiations between President Trump and Xi Jinping in Beijing, the reality of a global industrial war footing is being ignored. Hal Kempfer, retired Marine Intelligence Officer and CEO of Global Risk Intelligence and Planning, joins Jeremy Szafron, Senior Anchor at Kitco News, to expose the massive disconnect between geopolitical reality and market complacency.Kempfer breaks down China's $189 billion missile supply chain surge, comparing Beijing's current resource desperation to Japan in the 1930s. He also unpacks the hidden $29 billion cost of the Iran war, the dangerous drain on U.S. munition stockpiles, and the terrifying reality of AI "leaping" into modern warfare. Finally, Kempfer gives his contrarian 6-month forecast for the Strait of Hormuz and explains why investors should actually be preparing for a dramatic drop in oil prices.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Timestamps:00:00 Beijing Summit Meets War Costs01:54 Chokepoints and Black Swans03:35 Boardroom Threat Priorities08:01 China Leverage and Rare Earths13:34 Missile Surge and Taiwan Deterrence21:20 Iran Capabilities and Hormuz Shipping25:42 Hormuz Mining Reality27:47 War Costs and ROI31:19 Stockpiles and Supply Chains32:45 AI Chips and Dual Use35:13 Metals and Hemisphere Resources43:09 Oil Outlook and Energy Shift#HalKempfer #Geopolitics #China #Taiwan #IranWar #OilPrices #StraitOfHormuz #SupplyChain #MacroEconomics #KitcoNews #Investing #Gold #Silver #AIWeapons #USEconomy__________________________________________________________________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/kitconewsVisit: 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.

Is the latest 3.8% CPI print just another energy-driven inflation scare, or is the $40 trillion U.S. debt trap finally springing? Matthew Piepenburg, Partner at Von Greyerz, joins Jeremy Szafron, Senior Anchor at Kitco News, to break down the massive disconnect between Main Street reality and Wall Street fantasy.As 30-year U.S. Treasury yields hover near 5% and real wages fall, Piepenburg explains why the bond market has taken control away from the Federal Reserve. They discuss the immediate spot price disconnect in precious metals, why physical gold is migrating East, and the "invisible tax" of inflation that is actively destroying the middle class. Finally, Piepenburg reveals the hard math behind a $20,000 gold target—arguing that gold is not in a bubble, but rather paper currency is in a terminal decline.Recorded May 12 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) CHAPTERS 00:00 Energy Shock Or Debt Trap02:02 Bond Market Warning Signs06:06 Ten Year Sets The Rules09:08 Recession Versus Stagflation12:08 Cantillon Effect And Inequality14:57 Hidden QE And Data Games18:30 End Of Dollar Privilege22:54 COMEX Delivery Breakdown26:13 Physical Gold Moves East30:31 Gold vs Money Supply34:11 Silver Deficit Debate37:41 Main Street Inflation Reality42:27 Fed Driven Markets49:21 Wealth Preservation Playbook53:11 How High Can Gold Go?55:59 Closing Thoughts#Gold #Silver #Inflation #MatthewPiepenburg #FederalReserve #CPI #USDebt #MacroEconomics #TreasuryYields #WealthPreservation #Investing #Finance #KitcoNews__________________________________________________________________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/kitconewsVisit: 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.

With gold holding firmly above $4,700 an ounce and silver breaking into the $80 to $85 range, Pierre Lassonde returns to Kitco News to explain the architecture of the new bull market. The Canadian Mining Hall of Fame inductee and resource sector pioneer breaks down his $17,250 gold target, highlighting the striking parallels between the late 1970s and today’s macroeconomic environment.Lassonde details how $40 trillion in U.S. debt and persistent deficits are forcing a fundamental shift in the global financial architecture. He explains why central banks are relentlessly diversifying away from the U.S. dollar, driving physical price discovery to the East and treating gold as the “currency of last reserve”.Beyond the metal, Lassonde unpacks the immense optionality in mining equities today. He discusses why current stock prices fail to reflect the potential for 5x margin expansion, questions Barrick Gold's current strategy, and calls out Canadian pension funds for their lack of domestic investment. Plus, he reveals why copper-gold deposits are the true "nirvana" of the mining sector in an electrified world.Recorded May 11 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Chapters:00:00 Metals Surge Setup 00:40 Meet Pierre Lassonde 01:20 Dow Gold Target 01:52 1970s Replay Thesis 05:33 Debt Deficits Dollar 07:15 Gold Last Reserve 07:51 Parallel Payment Systems 11:41 Central Banks Drive 15:17 India Demand Shock 18:29 Shanghai Volatility 21:28 Mining Stocks Leverage 25:38 Majors Discipline Shift 28:34 Shareholder Returns First 30:12 Spotting Disciplined Miners 31:33 Orla’s Playbook 34:46 Jurisdiction Risk Discounts 36:00 Canada Policy and Pensions 45:06 Optionality Royalties and Copper__________________________________________________________________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/kitconewsVisit: 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/cryptoFor 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.

Gold is eyeing a massive run to $6,000, and silver just broke out past $80. Gary Wagner reveals the exact charts driving the precious metals bull market and maps the key technical levels you need to watch.Despite a hotter-than-expected U.S. jobs report reinforcing the Federal Reserve's "higher-for-longer" rate stance, the precious metals sector is accelerating. Gary Wagner, Editor of The Gold Forecast, joins Kitco News Anchor Jeremy Szafron for a special technical presentation detailing the Elliott Wave structure of gold and the mathematical case for a $6,000 target by year-end.They also break down the next resistance levels for silver—including a potential run to $90—and analyze what the U.S. Dollar (DXY) and GDX miners are signaling for the long-term rally.Recorded May 8 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Gary Wagner on X: @goldforecast (https://x.com/goldforecast)Timestamps:00:00 - Gold Surges Despite Jobs Data01:32 - Elliott Wave Bull Market Setup04:18 - Three Rally Legs Get Steeper08:58 - Blow Off Top And ABC Correction10:12 - Resetting The Count Wave 1-314:43 - Why 6000 Gold Is Plausible15:47 - Geopolitics And The Paradigm Shift17:57 - Elliott Wave Psychology Explained20:15 - Dollar Index DXY Versus Gold22:51 - Silver Breakout And 90 Target26:30 - Miners GDX Confirmation Check28:12 - Key Levels Invalidation#Gold #Silver #GaryWagner #KitcoNews #Investing__________________________________________________________________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.

Gold is trading near record territory, and silver is surging, but the real story is who controls the metal. For decades, price discovery has been dominated by London and New York. Today, physical demand in Asia, central bank accumulation, and sovereign wealth fund activity are forcing investors to ask if the marginal ounce is moving East.In this interview, Kitco News Anchor Jeremy Szafron sits down with Joe Cavatoni from the World Gold Council to dissect the Q1 Gold Demand Trends report. Cavatoni breaks down the disconnect between Western ETF outflows and Eastern physical premiums, how the WGC tracks China’s unreported gold buying, and why central banks like Turkey are using gold swaps for emergency dollar liquidity. They also explore France's recent gold mark-to-market strategy and the single recycling metric that could signal a top in the current gold bull market.Recorded May 7 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Joe Cavatoni on X: @JCavatoni_WGC (https://twitter.com/JCavatoni_WGC)0:00 Introduction0:45 Is Price Discovery Moving East?3:15 Western ETFs vs. Asian Physical Demand4:50 Unwrought Gold Exports to London6:10 China's Unreported Gold Accumulation9:55 Turkey’s 60-Tonne Sale & Gold Swaps Explained12:20 France's Mark-to-Market Gold Strategy14:50 Will Western Investors Chase the Price?19:25 What Breaks the Bull Market?20:55 Washington D.C. on Critical Minerals22:25 Silver’s Structural Deficit & Independence23:55 Final Thoughts: Fear vs. Structural Change#KitcoNews #Gold #Silver #WorldGoldCouncil #JoeCavatoni #Macroeconomics #Investing #CentralBanks #GoldETFs #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/kitconewsVisit: 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.

Central banks acquired 244 tonnes of gold in the first quarter of 2026, marking 10 out of the last 11 quarters where sovereign purchases exceeded 200 tonnes. Jeremy Szafron anchors an exclusive 45 minute deep dive with financial historian and author Dominic Frisby to uncover the reality of this massive sovereign accumulation.In this masterclass interview, Frisby reveals why China’s official reserve number of 2,300 tonnes is masking a true stockpile that could be closer to 30,000 tonnes. He details how domestic mining, Shanghai Gold Exchange withdrawals, and undeclared imports point to a hidden reserve designed to eventually challenge the US dollar's global dominance. The conversation also explores the Bank of France's recent 129 tonne repatriation, revealing the critical difference between holding gold on a ledger and securing physical bullion within sovereign borders.Frisby, launching his new book The Secret History of Gold, goes beyond standard macro analysis to expose how artificial intelligence threatens the traditional income tax base, why Tether is hoarding $20 billion in physical metal, and what Triffin’s Dilemma means for the future of American manufacturing. For retail investors, Frisby outlines his $10,000 gold target by 2030, explains the "Dolce Far Niente" portfolio strategy, and breaks down the current disconnect in mining equities.Recorded May 5 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Dominic Frisby on X: @DominicFrisby (https://twitter.com/DominicFrisby)Timestamps:00:00 Intro: Central Banks Buy 244 Tonnes in Q102:15 The Sovereign Shift: Poland, China, and the Silk Road08:30 China's 30,000 Ton Gold Secret21:40 Bank of France Repatriates US Gold Reserves25:35 Triffin's Dilemma and the Decline of US Manufacturing28:45 How AI Will Destroy the Fiat Tax Base39:00 Why Tether is Hoarding $20 Billion in Physical Gold41:30 Gold Price Forecast and the "Dolce Far Niente" Strategy44:45 Silver at $73 and the Disconnect in Mining Equities49:15 The Secret History of Gold: Why Metals Will Outlast Fiat#Gold #Macroeconomics #China #DominicFrisby #KitcoNews__________________________________________________________________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/kitconewsDisclaimer:  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.

Is the push for a digital dollar a necessary upgrade to protect America's financial dominance, or is it laying the groundwork for financial surveillance? Former CFTC Chairman J. Christopher Giancarlo joins Kitco News Anchor Jeremy Szafron to cut through the noise on the future of your money.In this exclusive interview, Giancarlo explains why traditional U.S. banks are using their lobbying power to slow down stablecoin innovation, the reality of Central Bank Digital Currencies (CBDCs) acting as potential tools for government repression, and why he believes the U.S. must encode privacy rights into digital money to maintain global dominance. We also explore the paradox of why major stablecoin issuers are aggressively hoarding physical gold, the enduring value of precious metals as fiat systems go digital, and how Wall Street's core plumbing, the DTCC, is actively moving toward tokenized securities.Recorded May 4th, 2026.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Chris Giancarlo on X: @giancarloMKTS (https://twitter.com/giancarloMKTS)Big thanks to our sponsor, Swan Bitcoin, your partner for Generational Wealth. You can get started at swan.com/kitco.Chapters:00:00 Digital Dollar Stakes00:31 Meet Crypto Dad01:41 Why Washington Shifted04:22 Future Proofing the Dollar06:49 Surveillance vs Freedom Money10:22 Privacy Standards for Stablecoins13:32 Banks vs Crypto Legislation16:43 Stablecoin Yield Battle17:32 Remittances and Micro Payments20:54 Why Stablecoin Giants Buy Gold24:37 Tokenization Goes Mainstream34:11 Book Trust and Wrap Up#DigitalDollar #CBDC #Gold #KitcoNews #Stablecoins #Crypto #Finance #Investing #MacroEconomics #Tokenization__________________________________________________________________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/kitconewsVisit: 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.

Are we facing a perfect storm of illiquidity? Bert Dohmen returns to Kitco News to put his 2026 market warning to the test, revealing how institutional investors are actively distributing risk to retail investors while masking deep systemic vulnerabilities.Dohmen breaks down the hidden dangers inside the private credit market, explaining why major funds are freezing redemptions and getting caught in a leverage trap that will lead markets "into the abyss." He also unpacks his contrarian view on why standard economic theory regarding the Federal Reserve and inflation is backward, outlines impending global resource shocks, and details his specific timeline for when gold and silver will establish a market bottom before surging higher.Recorded April 27 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)For more insights from Bert Dohmen, visit: https://dohmencapital.com/kitcoTimestamps0:00 Intro0:55 2026 Warning Tested02:37 Distribution And Overvaluation05:08 Private Credit Leverage Trap12:57 AI Hype And Defensive Plays22:38 Metals Dip Then Surge24:29 Time Horizon Over Trading26:27 Know Your Portfolio28:19 Fed Bailouts And Inflation34:12 Energy Shocks And Wrap Up#BertDohmen #StockMarket #KitcoNews #Gold #Silver #PrivateCredit #Inflation #Commodities #MacroEconomics__________________________________________________________________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/kitconewsVisit: 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.

We are breaking down the latest Federal Reserve split, Jamie Dimon's private credit warning, and why the K-shaped economy is masking a hidden middle-class recession. Kitco News Anchor Jeremy Szafron sits down with Fed insider Danielle DiMartino Booth, CEO of QI Research, to expose the real data behind the Wall Street headlines.From the largest Fed committee dissent since 1992 to major private credit write-downs and hidden job losses in the labor market, DiMartino Booth explains why the central bank may be "too late" to the easing process. The discussion also covers commercial real estate stress, the freezing housing market, how AI is impacting temporary employment, and what Tether's $20 billion physical gold hoard signals for the U.S. dollar and global capital flows.Recorded May 1 2026What is the real inflation rate you are experiencing in your city right now? Let us know in the comments below!Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Danielle DiMartino Booth on X: @DiMartinoBooth (https://twitter.com/DiMartinoBooth)Timestamps:00:00 Markets Send Mixed Signals00:57 Fed Dissent And What It Means02:34 Warsch Era And Hidden Labor Data05:42 Bond Yields And CRE Stress07:12 Private Credit Cracks Widen10:45 K Shaped Economy Reality Check12:52 Consumers Tapped Out And Travel Slump14:07 Housing Freeze And Layoff Pressure15:11 Jobs Data Mirage And AI Temps18:25 Global Flows Gold And Final Takeaways#DanielleDiMartinoBooth #FederalReserve #PrivateCredit #Economy #KitcoNews #GoldMarket #Inflation #InterestRates #Investing__________________________________________________________________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/kitconewsVisit: 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.

As the U.S. debt hits 100% of GDP and the 30-year Treasury yield nears the 5% mark, the bond market is finally forcing Washington’s hand. In this deep-dive interview, James Grant, founder of Grant’s Interest Rate Observer, joins Jeremy Szafron to discuss why the Federal Reserve now regards gold as an "existential threat" to its discretionary power.Grant warns that the current era of "Fiscal Dominance" means the Treasury’s interest bill is increasingly limiting what monetary policy can actually achieve. We explore the hidden "time bomb" in the $30 trillion private credit market, where stripped-away covenants and opaque "marks" have created a cycle that Grant believes must end in a "gale of fear". From the AI CapEx bubble to the 91-year debasement of the dollar, this is a masterclass in credit discipline and monetary history. Recorded May 1 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Chapters:00:00 Inflation Meets Bonds: The 5% Warning00:54 Fiscal Dominance: Is the Treasury Running the Fed?03:29 The Private Credit Time Bomb04:05 Insurance Risk: Private Equity’s New Play07:24 The Erosion of Covenants and Opaque Marks10:18 LMEs: The "Extend and Pretend" Peak12:38 The AI CapEx Bubble: Bubble vs. Use Case17:02 Tech Cycles: Lessons from Railroads & Fiber Optics19:44 Dollar Liquidity and the Fed’s Next Trap24:18 The 91-Year Debasement Trade: Gold $4,50028:55 Silver: Industrial Demand vs. Monetary Value42:39 Why the Fed Hates Gold: The Hard Limit #Gold #FederalReserve #DebtCrisis #JamesGrant #Investing #Macro #Inflation #Silver #Economy #Kitco __________________________________________________________________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/kitconewsVisit: 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.

Jeff Weniger, Head of Equity Strategy at WisdomTree, joins Kitco News Anchor Jeremy Szafron to break down the extreme volatility in the precious metals market and explain why holding zero percent in gold is a massive portfolio risk. Weniger analyzes the lagged effect of Federal Reserve policy, noting that "Jay Powell gave a gift to precious metals" 19 months ago, and explains why that liquidity is still fueling risk assets today.The discussion covers the 78 percent surge in Chinese silver imports, the resilience of the consumer against $106 oil, and why the recent breakout in copper signals global economic expansion. Weniger also addresses the safe haven debate, pointing out how "Bitcoin decided to die on the vine during the two s and p selloffs" while physical gold proved its worth as a true portfolio diversifier.Recorded April 24 2026Follow Jeremy Szafron on X:@JeremySzafron ( https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Jeff Weniger on X: @JeffWeniger (https://x.com/JeffWeniger)00:00 Metals Volatility Setup01:08 Silver Swings China Demand03:08 West vs East Metals Mindset03:48 Bitcoin vs Gold Diversifier05:09 ETF Flows Still Zero06:53 Fed Cuts Lagged Liquidity10:04 Yields Inflation Policy Path14:27 Gold Share Portfolio Risk17:48 Where Allocation Comes From19:52 Oil Shock Without Recession26:00 Dr Copper Expansion Signal26:41 Why Zero Metals Is Mistake29:58 Closing Thanks Subscribe#Gold #Silver #PreciousMetals #KitcoNews #Investing #Economy #FederalReserve #Bitcoin #Commodities #Macroeconomics #WealthManagement__________________________________________________________________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.

Wall Street believes the inflation problem is solved, rate cuts are imminent, and the AI productivity boom will continue to drive equities to record highs. Johns Hopkins Professor of Applied Economics Steve Hanke says they are looking at the wrong data, and investors who follow the mainstream consensus are walking into a trap.In this interview with Jeremy Szafron, Professor Hanke breaks down why the current market calm is an illusion. He completely dismantles the narrative that the Middle East conflict and oil prices are the primary drivers of inflation. Instead, he points to the true elephant in the room: commercial bank lending. With bank credit expanding at nearly 7 percent, Hanke warns that a resurgence of sticky inflation is already baked into the economy, regardless of what the Federal Reserve does next.Hanke also takes aim at the Silicon Valley tech elite and the narrative that Artificial Intelligence will trigger a massive deflationary boom. He calls the AI productivity thesis pure hype and warns that tech billionaires pushing for Universal Basic Income are actually peddling a socialist agenda to protect their massive valuations.For precious metals investors, Hanke delivers a definitive outlook. He explains why the recent pullback in gold and silver was simply a shakeout of weak hands, confirming that the secular bull market is fully intact. Hanke lays out his case for a 7000 gold price target and reveals his exact HALO strategy Heavy Assets Low Obsolescence for navigating the coming commodity supercycle. Finally, he issues a stark warning to dump long term bonds and completely dismisses Bitcoin as a speculative asset with zero fundamental value.Recorded April 23 2026Follow Jeremy Szafron on X:@JeremySzafron ( https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Steve Hanke on X: @steve_hanke (https://x.com/steve_hanke)Key Takeaways:-The Real Inflation Threat: Commercial banks produce roughly 80 percent of the broad money supply. Accelerated bank lending guarantees higher inflation.-The 7000 Gold Target: The secular bull market in precious metals is intact, with options markets supporting a run to a 6000 or 7000 peak.-The HALO Strategy: Geopolitical fears are sparking a massive run on critical materials and HALO assets, creating a new supercycle.-The AI Illusion: The Silicon Valley narrative that AI will save the economy from inflation is completely disconnected from monetary reality.-The End of Bonds: The longest bull market in history for bonds is officially dead, making long term bonds a dangerous hold.#Gold #Inflation #SteveHanke #Investing #Commodities__________________________________________________________________  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.

Global markets are navigating a high stakes tug of war today. Following an address to the nation where President Trump signaled harder strikes against Iran, reports have surfaced that Iran and Oman are drafting a protocol to monitor traffic through the Strait of Hormuz. While oil prices have retreated from their session highs, the crypto sector remains under stress, with Bitcoin trading at $66-67K dollars.Joining Jeremy Szafron to break down this volatility is Michael Terpin, founder and CEO of Transform Ventures and author of Bitcoin Supercycle. A digital asset pioneer since 2012, Terpin explains why he believes we are currently in the "Fall Phase" of the cycle, a period characterized by retail panic and a potential capitulation event coming this October.In this deep dive, Terpin reveals his price targets for the current correction, the behavior of Satoshi era whales, and why Michael Saylor is on a path to owning 2.1 million Bitcoin. We also explore the macro "debasement trade" where gold typically leads the market before Bitcoin follows, and how the convergence of AI, robotics, and crypto will fundamentally change the global economy.Recorded April 2 2026Big thanks to our sponsor, Swan Bitcoin, your partner for generational wealth. If you are looking to build a long term position, you can learn more at swan.com/kitco.Timestamps: 00:00 Market Shock Overview: Trump, Iran, and the Oman protocol. 00:57 Meet Michael Terpin: Intro to the founder of Transform Ventures. 02:05 Bitcoin Seasons Framework: Understanding fear and greed in the market cycle. 04:00 Buy Signals and Price Targets: Why Terpin is eyeing the 40,000 to 55,000 range. 05:26 ETFs and Treasury Buyers: Analysis of retail outflows and Michael Saylor’s strategy. 09:47 Sovereigns and Venture Sentiment: Strategic reserves and the age of the voter. 11:24 Supply Shock and Next Bull Run: When to expect the "Rocket Ship" summer. 12:50 Where Venture Is Heading: Stablecoin plays and the barbell investment strategy. 15:38 Midterm Crashes and Deleveraging: How the Satoshi program impacts cycle timing. 18:06 Quantum Computing Risk: Responding to Google’s latest AI cryptography reports. 19:35 Debt Cycles and CBDCs: Why the debasement trade favors gold first. 23:21 Stablecoins as Global Money: From liquidity tools to third world savings accounts. 25:09 AI Disruption and Supercycle: A preview of Pandora’s Blocks and AI agent commerce. 28:45 Final Advice and Wrap Up__________________________________________________________________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/kitconewsDisclaimer:  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.

Gold has shown sustained strength, trading between $4,700 and $4,800 an ounce. While the metal is off its record highs, it has seen a significant recovery as investors seek a foothold in a volatile macro environment. Silver remains a standout performer, holding a 100% gain over the last year despite its recent consolidation near $75. In this Kitco News interview, Dr. Mark Skousen breaks down why he believes we have entered a permanent new price regime where silver is headed to $100 and will never trade below $50 again.We also dive into the breaking news regarding the Strait of Hormuz. Reports indicate Iran is effectively running a "tollbooth" through the strategic artery, with vessels allegedly paying in Yuan or cryptocurrencies for escorted passage. As a supply-side economist, Skousen explains why this shift away from the U.S. dollar signals the gradual end of the Petrodollar era.Plus, we discuss Skousen’s massive exclusive on the SpaceX confidential IPO filing. With a valuation target of $1.75 trillion, this listing could make Elon Musk the world’s first trillionaire and serve as the ultimate validation of the "Roaring 20s" productivity thesis.Recorded April 1 2026Special thanks to our sponsor, Swan Bitcoin, the real Bitcoin company, for making this coverage possible 👉 To learn more, get started at https://swan.com/kitcoKey Topics and Timestamps:0:00 Gold Strength and the High-Stakes Diplomatic Gamble 1:11 The SpaceX IPO Scoop: A $1.75 Trillion Filing 3:00 The Roaring 20s: Why Elon Musk is the Center of Technology 5:50 Permanent Inflation: Why Real Deflation No Longer Exists 8:15 Silver Price Floor: Why it Won’t Go Below $50 12:30 The Broken Scoreboard: Why GDP Hides the Real Economy 14:40 The Hormuz Tollbooth: Paying in Yuan and Crypto 17:50 Warren Buffett on the 2% Inflation Trap 21:00 The End of the Gold Standard and Permanent Inflation 27:30 Bitcoin vs. Gold: The Role of Private Money31:00 Adam Smith and the System of Natural Liberty 35:30 Benjamin Franklin’s Maxim for Today’s Investors 39:45 Final Indicator: What to Watch for in the Next Quarter__________________________________________________________________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/kitconewsFor 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.

A "terrible storm" is approaching the US bond market as the global financial architecture begins a fundamental shift toward hard assets, according to Colonel Douglas Macgregor. With gold inching above $4,600 and silver rebounding into the mid $70s, the guest argues that the economic fallout from the conflict in the Middle East is reaching a critical tipping point. According to Macgregor, the real reason the Strait of Hormuz closed was due to insurance giants like Lloyd’s of London—not direct military force - effectively halting commercial traffic.In this exclusive interview, Macgregor provides a blunt assessment of what he claims is an urgent US interceptor missile shortage and explains why he believes legacy military infrastructure is obsolete in the face of modern drone warfare. According to the Colonel, a "hidden" supply chain crisis is emerging, including the threat of a global fertilizer shortage and an urgent necessity for "resource sovereignty" in rare earth refining.Recorded March 31 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Col Macgregor on X: @DougAMacgregor (https://x.com/DougAMacgregor) 00:00 Introduction00:51 Breaking Peace Signals01:21 Who Really Closed Hormuz02:31 China Peace Framework03:13 Famine and Water Risks04:53 Missile War Reality Check07:59 ISR Strike Game Changer11:08 What Victory Looks Like17:29 Strategic Minerals and Refineries29:03 Bond Market and Final Advice#Gold #Silver #Macroeconomics #Geopolitics #BondMarket #Petrodollar #StraitOfHormuz #KitcoNews #DouglasMacgregor__________________________________________________________________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/kitconewsVisit: 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.

Jerome Powell claims inflation expectations are anchored, but skyrocketing commodity prices are telling a much darker story. Tavi Costa joins Jeremy Szafron to break down why the Federal Reserve has lost control of the inflation narrative and why a historic hard asset breakout has just begun.In this Kitco News interview, Tavi Costa of Azuria Capital details why the global economy is entering a 1970s style stagflation cycle. Costa explains that with federal debt at record levels, the central bank cannot raise rates to fight the current energy and supply shocks, leaving them entirely trapped. He exposes the massive divergence between official CPI data and the real cost of raw materials, warning that this inflation impulse will only accelerate.Beyond the macro picture, Costa reveals exactly how he is positioning his own portfolio to capitalize on this massive market disconnect. He explains why the recent pullback in gold and silver was a generational buying opportunity and shares the exact criteria he uses to pick mining equities. Costa even names the specific mining stocks he is buying right now, arguing that record low capital expenditure across the industry has created the ultimate asymmetric trade for investors.Recorded March 30 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Tavi Costa on X: @TaviCosta (https://x.com/TaviCosta)Chapter Timestamps:00:00 The Fed inflation trap and commodity breakout01:31 Why central banks cannot stop this supply shock03:32 The US debt crisis and the return of the 1970s06:01 The CPI illusion vs official inflation data09:35 Will rising energy costs trigger social unrest?13:13 The hidden buyers of US Treasuries16:32 Sovereign gold selling and emerging markets19:50 Why the mining cycle is nowhere near a peak23:42 The structural deficit in copper and silver31:13 Why Tavi Costa is buying the gold and silver dip35:50 Top mining stock picks Orla Mining and Aura Minerals41:00 Final thoughts on hard asset positioning#Gold #Inflation #TaviCosta__________________________________________________________________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/kitconewsLearn 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.

With gold pulling back to test its 200-day moving average and silver flashing oversold momentum, technicians are mapping the structural damage to the precious metals complex. Gary Wagner, editor of The Gold Forecast, joins Kitco News to break down the final C-wave correction in gold and the 78% Fibonacci retracement level holding silver.Wagner outlines how the ongoing macro shocks—including Brent crude surging past $108 a barrel and Turkey's central bank liquidating 60 tons of gold for liquidity —are fundamentally driving the charts. He also details what needs to happen geopolitically for gold and silver to decouple from rising bond yields and catch a safety bid.Recorded March 26 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Gary Wagner on X: @goldforecast (https://x.com/goldforecast)Chapters:01:24 ABC Correction Breakdown02:53 Key Support Levels04:43 Oil and Fed Pressure07:20 Crude Chart Resistance09:40 Silver Technical Damage11:46 Central Banks as Liquidity13:18 What to Watch Next17:10 Wrap Up and Viewer Call#Gold #Silver #GaryWagner #KitcoNews #GoldPrice #Commodities #TechnicalAnalysis #Investing #Finance #MacroEconomics #Inflation #CrudeOil #FederalReserve #Trading #Charts__________________________________________________________________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.

The "Paper" markets are in a panic, but the "Physical" world is just waking up. Philippe Gijsels returns to Kitco News to break down a week of absolute chaos: from a blistering 8.4% annualized PPI print that has the Federal Reserve’s hands tied, to the massive escalation in the Middle East. We explore the first direct strikes on Iran’s upstream gas infrastructure at South Pars and why $109 Brent oil is just the beginning of a fragmented, weaponized energy order.Gijsels provides his most aggressive outlook to date, detailing why he believes Gold is headed to $10,000 and Silver is targeting $200 as the global "Monopoly Money" system finally meets its match in physical scarcity. We also dive into his HALO framework (Heavy Assets, Low Obsolescence), the "Turbo" opportunity in mining equities, and why your traditional 60/40 portfolio is effectively being liquidated by inflation.Recorded on March 18 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Philippe Gijsels on X: @pgijsels (https://twitter.com/pgijsels)TIMESTAMPS00:00 — Inflation Meets War Shock: Analyzing the 0.7% PPI surge and the immediate escalation in the Iran war.01:04 — Commodities Bull Thesis: Why Gijsels calls this the "largest bull market in history".02:49 — Why Gold Sold Off: Safe haven flows, the dollar's strength, and why gold hasn't fully benefited—yet.05:08 — Silver Leverage Unwind: Understanding the "disorderly" move and the profit-taking at $60.07:40 — Targets and Supply Crunch: Long-term "wild targets" of $10,000 Gold and $200 Silver.10:20 — Energy Crisis Repricing: The South Pars strike, the Jones Act waiver, and the $109 Brent floor.14:26 — Fragmented Oil Markets: Why the global oil market is splitting into competing political blocks.18:39 — Central Banks Lose Control: Why the Fed and ECB will eventually "let inflation run" to manage debt.25:24 — HALO Real Assets Rotation: Moving away from digital abstractions toward "Heavy Assets, Low Obsolescence".28:04 — Tokenizing Commodities: The shift from paper exposure to direct programmable claims on physical metal.32:34 — Why Miners Lag Metals: The "Turbo" opportunity in mining stocks and Tier-1 capital discipline.35:32 — What Could Break the Bull: The deflationary risk and the "depression-style" bust scenario.37:16 — Wrap Up and Key Takeaways: The structural case for hard assets in a "Material World".#Gold #Silver #Commodities #Inflation #EnergyWar #PhilippeGijsels #MiningStocks #Investing2026 #KitcoNews #SouthPars #JonesAct #HALO #HardAssets__________________________________________________________________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.

War has a way of exposing what was already broken. As the conflict in the Middle East enters a more dangerous phase, markets are flashing a massive contradiction: oil remains volatile and shipping routes are under severe strain, yet gold and silver are suffering a sharp weekly sell-off. In this interview, Jeremy Szafron, Anchor of Kitco News, sits down with Gerald Celente, Founder of the Trends Research Institute and Publisher of The Trends Journal, to break down the "Gold Paradox" and what it reveals about the state of the global economy. Celente argues that the current price action is a "rigged game" designed to mask the dire straits of a U.S. economy facing a $40 trillion debt level. They also dive into the tactical escalations surfacing in the Middle East, including reports that the administration is weighing a move on Iran’s Kharg Island—a hub for 90% of the country’s crude exports. With a $200 billion war funding request on the table and diesel prices pushing past $5.00 a gallon, Celente warns that the "war squeeze" is now hitting the American kitchen table. Beyond geopolitics, Celente provides a blunt assessment of the "Dot-Com 2.0" AI bubble, explaining why he believes China is poised to lead the technological race while Western "Magnificent Seven" stocks face significant overinvestment risks. Recorded March 20 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Gerald Celente on X: @geraldcelente (https://x.com/geraldcelente)Timestamps:00:00 - Introduction: The Market Contradiction 01:10 - Gold and Silver Selloff: Safe Haven Trade Breaking Down? 02:46 - Gerald Celente on Gold Price Suppression Claims 06:58 - Who Really Controls Gold, Oil, and Market Prices? 10:37 - Historical Pattern: Economic Crisis and the Road to War 17:40 - Main Street Pain: Inflation, Fuel Costs, and Consumer Stress 22:08 - Oil Price Spike Warning: Why Crude Could Surge Higher 26:53 - Nuclear War Risks, False Flags, and Escalation Fears 27:23 - War Spending, Recession Risks, and Economic Decline 29:43 - Why China Could Dominate the AI Race 31:09 - Magnificent Seven Overinvestment and Tech Market Danger 37:26 - Media Censorship, Wartime Narratives, and Press Freedom 44:17 - Gerald Celente on Building a New Peace Movement #Gold #Silver #GeraldCelente #KitcoNews #MiddleEast #Inflation #OilPrices #AIBubble #Recession #Geopolitics #MarketManipulation #KhargIsland #WarEconomy #DebtBomb__________________________________________________________________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.

Gold just suffered its steepest weekly decline in more than 14 years, plunging toward $4,100 an ounce before a violent rebound. While mainstream headlines credit the pause on Iranian energy strikes, Gareth Soloway, Chief Market Strategist at Verified Investing, warns that a much larger, systemic threat is driving the selloff.In this compelling macro and technical breakdown, Soloway explains how a brewing crisis in the $2 trillion private credit market is triggering margin calls, forcing investors to liquidate gold as it behaves increasingly like a risk asset. Furthermore, he reveals the chart that is truly dictating U.S. geopolitical policy: the U.S. 10-year yield nearing 4.5%.Soloway maps out his exact technical targets, explaining the "Phoenix effect" setup that requires a washout of weak hands before gold resumes its long-term trajectory toward $10,000. He also details his warning for the S&P 500, the failure of the U.S. dollar's crisis bid, and why capital is currently rotating into Bitcoin.(Recorded on March 23, 2026)Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Gareth Soloway on X: @GarethSoloway (https://x.com/GarethSoloway)In This Video:00:00 Gold Crash and Whiplash01:18 Bear Case: Gold as a Risk Asset04:00 Key Gold Levels and Bounce Setup05:35 How Low Can Gold Go?07:54 Silver Divergence and Targets10:48 Miners & GDX Swing Trade13:27 Oil, Yields, and Fed Pressure17:28 Liquidity Squeeze and 2008 Echoes21:47 Dollar Weakness and De-dollarization25:27 Investor Playbook and Bitcoin Rotation29:07 Trading Psychology and Wrap Up#Gold #Bitcoin #Macro #GarethSoloway #KitcoNews__________________________________________________________________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/kitconewsVisit: 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.

Financial author and demographic researcher Harry Dent returns to Kitco News to outline his case that the global economy is in an unprecedented "everything bubble" driven by 17 years of continuous government stimulus. Dent breaks down why he anticipates a significant market correction, pointing to the rapidly growing private credit market as the primary vulnerability, comparing its unregulated nature to the subprime mortgage crisis of 2008. He details his timeline for the markets, projecting that an initial stock market drop of 40% to 50% could happen rapidly.Addressing the recent price action in the metals market, Dent argues that gold has joined the broader asset bubble and will not act as a safe haven during an initial liquidation event. Instead, he identifies long-term U.S. Treasury bonds and cash as the strategic vehicles for wealth preservation in the near term. Looking beyond the current cycle, he forecasts that India's rising urbanization and wealth will eventually drive a massive, fundamental bull market for physical gold. Finally, Dent explains his own decision to step away from the housing market, citing the aging Baby Boomer generation as a severe demographic headwind for real estate.Recorded March 24 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Harry Dent on X: @HarryDentjr (https://x.com/HarryDentjr)CHAPTERS:00:00 Gold Defies Crisis01:00 Meet Harry Dent01:57 Everything Bubble Thesis03:41 Stimulus Since 200806:28 Gold Joined The Bubble12:24 Treasuries As Safe Haven15:22 Central Banks And Reserves17:06 India The Next Gold Driver21:41 Crash Timeline And Speed23:27 Private Credit Avalanche Risk26:28 How Defaults Trigger Contagion28:08 Private Credit Lockup Risk28:37 Housing Bubble Ignition29:09 Stimulus Fatigue Warning30:16 Debt And Entitlements Timebomb31:40 Why Bubbles Always Burst34:31 Can Policy Stop Deflation35:40 Get Out Of The Way36:09 Crash Sequence Roadmap37:30 Three Wave Bear Market38:42 Millennial Boom Aftermath41:43 Demographics And Australia43:57 Where To Hide Now45:57 Gold Cash Bitcoin Ranking48:11 Treasuries As Safe Haven49:25 Personal Conviction And History50:23 Wrap Up And Viewer Callout#KitcoNews #HarryDent #MarketCrash #Gold #Treasuries #PrivateCredit #Economy #Investing #RealEstate #Finance__________________________________________________________________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/ 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.

The math of the 2026 economy is reaching a breaking point. Economist and author Saifedean Ammous joins Kitco News Anchor Jeremy Szafron to expose the structural fractures currently paralyzing the global financial system. From the government’s refusal to audit Fort Knox to the "Paper Trap" that prevents physical gold from ever returning as a true medium of exchange, this interview reveals why the rules of the game have fundamentally changed.Ammous breaks down why the 10-year Treasury yield hitting 4.5% is the ultimate "trigger" for the war machine and why your traditional S&P 500 portfolio is effectively a "melting ice cube" in an era of rapid debasement. We dive into the uncomfortable truth about stablecoins "bailing out" the Federal Reserve and why the banking monopoly has successfully neutralized gold's monetary role for over a century.Whether you are protecting your wealth with physical metals or institutional Bitcoin, this conversation provides the raw, data-driven roadmap for the monetary endgame.Recorded March 25 2026Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Saifedean Ammous on X: @saifedean (https://x.com/saifedean)Chapters:00:00 Monetary Stress Setup 01:00 Bitcoin Goes Institutional 02:56 Fed Choices and Hard Money 05:07 Gold Peg and Fort Knox 07:08 War Shocks vs Debasement 13:32 Gold Limits and Bitcoin Edge 18:24 Paper Gold and Price Discovery 23:13 Mining Economics and Difficulty 29:23 Sovereigns and Bitcoin Reserves 30:36 Nation States Stacking 31:27 Spendable Reserves Reality 33:54 Stablecoins Dollar Boost 37:15 Tether Demand Reality 39:26 Fiat Money Fuels War 48:00 War Costs Hit Markets 49:02 Treasury Yields Warning 54:19 Sane Hard Money Plan 58:07 Alternative History Pitch 59:41 Wrap Up #Gold #Bitcoin #Macro #KitcoNews #Finance #Economics #GoldStandard #Investing #FederalReserve #SaifedeanAmmous__________________________________________________________________Visit: 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.

The International Energy Agency (IEA) has officially identified this as the largest supply disruption in the history of the global oil market. As the Federal Reserve begins its two-day policy meeting today, it faces a "nightmare setup": energy prices are soaring just as the U.S. labor market begins to soften.In this interview, Larry McDonald, founder of The Bear Traps Report and author of How to Listen to Market Speak, reveals why this isn't just a macro scare—it is the "exhaustion of the paper-credit system itself". From the 70% collapse of subprime lenders like Goeasy to Morgan Stanley’s 8% default warning for private credit, the "truth bleed" has begun.In this episode, we break down:-The "Grocery Bill" Shock: Why the 8-million-barrel drop and the spike in urea fertilizer (up 28%) are hitting the real economy during planting season.-The Fed’s Dual-Mandate Trap: Why Powell is caught between an energy-driven inflation spike and a 2008-style credit crisis.-The AI Credit Disruption: How the "CapEx lunacy" in Silicon Valley is triggering a wave of defaults in software-heavy portfolios.-The Hard-Asset Manual: Larry's tactical picks in Uranium, Coal, and Volatility, and why gold miners could face a 30% drawdown before the real rally.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Larry McDonald on Twitter: @Convertbond (https://twitter.com/Convertbond)Video Timestamps00:00 Energy Shock Opens 01:22 Fertilizer & Food Inflation 03:19 Gold Miners Cost Squeeze 06:17 Refining Bottlenecks 08:45 Housing & Rates Pressure 10:17 Private Credit Inferno 11:42 Fed & Financial Repression 14:16 Hard Assets Power Plays 17:29 AI Disruption & Credit Contagion 26:07 Rotation Into Energy 30:32 How to Trade Drawdowns 32:08 Midterms & Volatility Hedge 35:29 Closing Takeaways Visit Kitco.com for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.#gold  #LarryMcDonald #OilShock #FedMeeting #PrivateCredit #Uranium #KitcoNews #Inflation #Nvidia #Copper #EnergyCrisis__________________________________________________________________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/kitconewsLearn 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.

Macro Mavens founder Stephanie Pomboy joins Kitco News to break down the immediate systemic risks facing U.S. markets. As oil prices surge and global central banks begin to diverge, Pomboy warns that the real threat lies within a $5 trillion segment of corporate debt sitting just one downgrade away from junk status. Furthermore, she details the hidden leverage locking up retail investors in private credit and why a massive $4 trillion shortfall in the U.S. pension system could force policymakers into another major bailout.In this interview, Pomboy outlines how these combined pressures - from forced selling in liquid assets to rising debt service costs - set the stage for a severe credit squeeze. She also explains why she sees gold reaching $6,000 by year-end as the Federal Reserve is ultimately forced to prioritize economic cushioning over inflation fighting.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Stephanie Pomboy on X: @spomboy (https://twitter.com/spomboy)Chapters:00:00 Market Rebound Headlines01:10 Oil Shock and Policy Levers06:24 Inflation Fears and Liquidity Squeeze09:02 Triple B Downgrade Risk14:04 Private Credit Gates and Pensions18:02 Central Bank Divergence Watch20:51 Gold Outlook and Fed Leadership25:26 What Investors Miss Now28:34 Rates, Treasuries and Recession Signals30:57 Wrap Up and Subscribe#StephaniePomboy #KitcoNews #Economy #Gold #CorporateDebt #Investing #FederalReserve__________________________________________________________________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.

Silver’s powerful rally may be entering a new phase, and the biggest opportunity could now lie in mining equities.Speaking with Kitco News at PDAC 2026, Peter Krauth, author of The Great Silver Bull and editor of Silver Stock Investor, said the market has likely moved beyond its early accumulation stage and into the awareness phase of the bull cycle. He expects volatility to remain a defining feature of the market this year as prices continue climbing.Krauth also warned that structural pressure may be building in the paper silver market. “If you get some big futures holder that says, ‘I'm standing for delivery,’ and the exchange can't meet that delivery,” he said, “that's when all you know what breaks loose, and then that's a reset.”At the same time, institutional capital may finally be turning toward the sector, with large funds beginning to recognize the need for exposure to resources. Krauth argues that silver developers remain deeply discounted relative to producers, leaving significant upside if capital flows accelerate.Despite silver’s surge, he believes the cycle is still early. “This bull market is just getting started.”Recorded March 02, 2026.00:58 - Silver Bull Market Bear Trap Explained02:55 - Geopolitics, Recession Risk and Silver vs Gold03:58 - COMEX Silver Squeeze and Delivery Risk05:50 - India Moves Away From LBMA Silver Pricing07:09 - Industrial Silver Demand and Substitution Limits09:00 - Solar Power, Batteries, and Silver Demand11:02 - Silver Miners Scarcity Premium Explained11:28 - Institutional Investors Enter Silver Mining Stocks15:12 - Silver Miners Leverage on the Silver Price16:41 - Offtake Deals and Physical Silver Premiums17:50 - How to Invest in Silver Stocks NowSpecial thanks to our sponsors, GoldMining Inc., U.S. Gold Mining Inc., UEC & URC for making this coverage possible.To learn more, visit:https://www.goldmining.com/https://www.usgoldmining.us/https://www.uraniumenergy.com/https://www.uraniumroyalty.com/Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Peter Krauth on X: @peter_krauth (https://x.com/peter_krauth)#Silver #SilverPrice #SilverSqueeze #SilverStocks #SilverMiners #PreciousMetals #Mining #Comex #PDAC2026 #KitcoNews__________________________________________________________________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/kitconewsDisclaimer:  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.

The gold and silver markets are hitting a major pivot point as extreme geopolitical volatility clashes with a wave of aggressive technical selling. After gold touched a peak of $5,434 following the escalation of conflict in the Middle East, the metal has retreated significantly, testing critical support levels amid massive daily price swings of up to $200. In this episode of Chart This recorded March 9 2026, Gary Wagner, Editor of The Gold Forecast, explains why he is strictly ignoring the "unsustainable" daily wicks and instead focusing on the "real bodies" of the candlesticks to find the true market floor. We also dive into the 38% surge in oil prices this week—which Gary identifies as the primary "leading indicator" for all asset classes—and the "highly exaggerated" 4% jump in the U.S. Dollar Index (DXY) that is acting as a massive anchor on the metals complex. From the possibility of an "A-B-C correction" to silver’s surprising internal strength, this interview provides the roadmap needed to navigate these unique and volatile times.CHAPTERS0:00 - Introduction: Gold's Major Pivot Point 1:45 - Trump’s Iran Comments and Market Stability 2:45 - Technical Selling vs. Flight to the Dollar 4:30 - Why Gary Ignores the "Wicks": Finding the Real Floor 6:15 - The Strait of Hormuz and the $150 Oil Threat8:00 - Silver Analysis: Fibonacci Retracements and Internal Strength 10:15 - The DXY "Anchor": A 4% Jump in the Dollar Index 12:30 - The A-B-C Correction: One More Move Lower? 15:30 - Why Oil is the "Leading Indicator" for All Asset Classes 17:30 - Strategy for Unique Times: Physical Gold and Non-Leveraged Plays #Gold #Silver #GaryWagner #KitcoNews #MarketAnalysis #Investing #OilPrices #TechnicalAnalysis #GoldPriceToday__________________________________________________________________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/kitconewsVisit: 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.

Jeremy Szafron, Anchor of Kitco News, sits down with Clem Chambers, founder of anewfn.com, to navigate the latest market volatility and geopolitical risks. Chambers breaks down why the current oil spikes are tactical rather than a long-term strategic shift. He argues that the artificial intelligence boom is a foundational technological leap, akin to the steam engine, which will drive a massive global energy boom requiring all sources of power.The conversation explores the reality of European deindustrialization as surging energy costs hobble manufacturing in Germany and the UK. In the precious metals market, Chambers explains his thesis that gold is for war and serves as a vital strategic reserve for central banks, projecting a long-term target of $6,000 per ounce. He contrasts this with silver, which he dubs FOMO gold.Chambers also addresses the growing stress in credit markets, warning that shadow banking and private credit funds are facing defaults as the Federal Reserve drains liquidity from the system. Furthermore, he dismisses the death of the dollar narrative, noting the currency's continued strength against global peers. Finally, Chambers outlines why Bitcoin is behaving as a liquidity asset poised to drop to $40,000 , and why platinum and palladium offer glaring investment opportunities.Recorded March 9 2026.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)Follow Clem Chambers on X: @ClemChambers (https://twitter.com/ClemChambers)Timestamps:00:00 Market volatility and oil price spikes 01:30 Is the commodities trade short-term noise or structural 04:45 AI build-out and the coming global energy boom 08:45 European deindustrialization and energy insecurity 14:00 Gold is for war and the $6,000 price target 16:30 The death of the dollar myth and US currency strength 18:00 Shadow banking risks and rising private credit defaults 22:30 Why Bitcoin is dropping to $40,000 amid liquidity drains 30:30 Platinum and palladium as ultimate contrarian trades 34:00 Investment strategy and navigating market noise#KitcoNews #Gold #Bitcoin #MacroEconomics #Investing #ClemChambers #Silver #EnergyMarkets #ShadowBanking__________________________________________________________________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/kitconewsLearn more about Kitco News: https://www.kitco.com/news/about/ 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.