Kitco NEWS

Frank Giustra has a simple test for giving up on gold: give him “world peace, honest politicians, and benevolent bankers.” The Lionsgate founder, who helped turn a tiny company into Goldcorp when gold sat under $300, tells Kitco News anchor Jeremy Szafron at the New Orleans Investment Conference that we’re getting none of the three, and his gold thesis still holds.

Giustra says central banks are slowly replacing dollars with gold, building a floor under the price that won’t go away. What’s missing, he says, is the crowd. He sees no “Lamborghinis in the driveway” and none of the frenzy of the 2003 to 2008 run, when he was doing a deal almost every second day.

The Fiore Group CEO also warns that oil could go a lot higher if the U.S.-Iran conflict escalates, with Brent already above $110. As diesel costs squeeze the miners, he expects the majors will eventually have no choice but to buy juniors, including those holding big copper deposits. He also shares the lessons behind his new memoir, The Money Dilemma, out Nov. 3.

This interview was recorded on Oct. 29, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible.
To learn more, visit: https://dakotagoldcorp.com/

Follow 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://x.com/Frank_Giustra)

00:00 Welcome to the New Orleans Investment Conference 2026
01:00 $110 Brent and the Risk of Another Strike on Iran
04:34 Behind the Scenes of US-Iran Diplomacy
05:53 Who Profits From War and What It Means for Gold
08:10 The Ego Trap That Keeps Wars Going
09:19 The Midterms and the Political Fallout Ahead
12:18 Rising Diesel Costs and Gold Mining M&A
15:25 Copper’s Supply Deficit and Billion-Ton Juniors
16:49 Colombia’s New Government Courts Mining
18:37 Gold Under $300 in 2001 and the Goldcorp Story
21:19 No Retail FOMO in Gold Stocks Yet
22:39 Retiring at 39, Then Bre-X
23:46 Tough Love From a Sudbury Miner Father
25:26 The Money Dilemma Explained
26:38 Finding Purpose Through Philanthropy
27:41 Wealth Concentration and Social Unrest
30:05 Five Secrets to a Balanced Life
32:34 Pitching Gold at $4,000 Like a Movie
35:08 Buy and Build, the Goldcorp Formula
36:47 The Hardest Chapter to Write
39:11 Lionsgate, Cash Flow and Closing Thoughts

#Gold #Copper #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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 fell back below $4,000 on Oct. 30, and Robert Quartermain has weathered drops like this before. He started in the business when gold was $140 an ounce, and he says the industry’s discipline means producers are still making money at today’s prices, with costs around $1,600 to $2,000 an ounce.

At the New Orleans Investment Conference, the veteran mine builder tells Kitco News anchor Jeremy Szafron that gold is “still a small trade,” so short sellers and liquidity squeezes can knock it down fast. The fundamentals haven’t changed, he argues, with central banks still buying and gold still flowing into China. Most of his own net worth is tied to gold, and he says there’s “a point where even I start buying physical gold back again.”

An honorary colonel in the Royal Canadian Air Force, Quartermain also explains why North America’s critical minerals gap is in refining, not mining, and how China built that choke point over the past two decades. Gold is critical in every phone and server, he notes, but it’s missing from NATO’s list of defense-critical materials because it’s so abundant. For the first time in his 50-year career, he adds, politicians are talking about the need for these metals.

Disclosure: Robert Quartermain is co-chair of Dakota Gold, the sponsor of this coverage.
This interview was recorded on Oct. 30, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible.
To learn more, visit: https://dakotagoldcorp.com/

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Dakota Gold on X: @DakotaGoldCorp (https://x.com/DakotaGoldCorp)

00:00 Welcome Back to New Orleans
00:39 Gold Below $4,000 and Industry Discipline
03:33 Investor Sentiment on a Volatile Day
04:34 Rare Earths, China and Military Supply Chains
09:26 South Dakota and the Homestake District
13:25 Permitting on Private Land and a 2029 Target
15:14 The Richmond Hill Study
16:31 Scaling Up Production
17:56 Building Instead of Selling
19:44 High-Grade Drilling at Maitland
21:45 Financing a Mine While Limiting Dilution
23:23 What Separates Mines That Get Built
25:15 The Hemlo Turnaround
28:13 Diesel Costs and Mining Margins
29:41 Handing Over the CEO Role
31:25 From Air Cadet to Honorary Colonel
32:42 Gold’s Long-Term Thesis
34:45 Closing Thoughts

#Gold #Mining #CriticalMinerals
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Taken as one sector, gold miners would have the cleanest balance sheets in the stock market, says Tavi Costa, yet mining makes up less than 1% of it. The founder and CEO of Azuria Capital calls this pullback “one of the most compelling windows of opportunities” he has seen this cycle, and with gold down about 30% by his count, he thinks “we’re closer to the bottom.”

Speaking with Kitco News anchor Jeremy Szafron at the New Orleans Investment Conference, Costa points to free cash flow yields near 10% and bank models that still value the miners on $3,000 to $3,500 gold. Plug in a higher long-term price, he argues, and the whole industry gets re-rated. He is especially drawn to silver miners, some holding 10% to 15% of their market cap in cash, and he sees resources as the new moat in a world AI can disrupt, calling mining “the best AI trade.”

Costa also sees AI spending as a wartime race with China, expects a 2000-style rotation out of tech, and says the Fed will probably have to lower rates again once higher borrowing costs start causing problems. He explains how gold could reach multiples of today’s price if Treasuries were ever backed by gold at past levels, and he warns sound money investors that when the run finally comes, the industry’s biggest enemy may be their own discipline.

This interview was recorded on Oct. 29, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible. To learn more, visit: https://dakotagoldcorp.com/

Follow 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 Miners Have the Cleanest Balance Sheets in the Market
01:38 AI Bubble or Wartime Spending Race With China
03:36 Bank Models Still Price Gold at $3,500
05:46 Miner Fatigue and Cash-Rich Silver Companies
07:19 The Macro Setup for a 12 to 24 Month Miner Trade
09:04 Rising Rates, Credit Spreads and the Rotation Out of Tech
12:09 Resources Are the New Moat in an AI World
15:42 Gold and Silver Producers vs Copper on Valuation
18:22 The Miners’ Biggest Enemy Is Their Own Discipline
19:33 $40 Trillion in Treasuries and the Gold Backing Chart
20:48 Brazil’s Selloff and Emerging Market Valuations
22:49 Closing Thoughts

#Gold #Silver #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Measured in dollars, America keeps getting richer. Measured in gold, Dominic Frisby says it has been getting poorer for 50 years, with output per person down roughly 57% since 1975 by his math. “If you use gold, it tells the truth, but politicians don’t like the truth,” says the author of The Secret History of Gold.

Speaking with Kitco News anchor Jeremy Szafron at the New Orleans Investment Conference, the founder of The Flying Frisby sees gold treading water for a few more months before clearing $5,000 next year, much like the sideways stretch after 2006 that came before new highs in 2008. By the end of the decade, he targets $7,000 to $10,000. For now, oil is the trade he likes. He thinks crude could reach $150 “quite easily,” and he warns that $150 oil played an often overlooked role in the 2008 financial crisis.

Frisby says the era of cheap money is over for households and governments alike. The payment on his own mortgage nearly quadrupled, and next year Britain will spend as much on debt interest as on education, with long-term gilts at 6%, he says. He keeps as little as possible in sterling and warns that money in the bank isn’t really yours as Britain’s tax authority gains the power to pull funds straight from accounts. When the money printer returns, he expects gold stocks to outrun Bitcoin.

This interview was recorded on Oct. 29, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible.
To learn more, visit: https://dakotagoldcorp.com/

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Dominic Frisby on X: @DominicFrisby (https://x.com/DominicFrisby)

Check out Dominic Frisby's Substack: (https://www.theflyingfrisby.com/)

00:00 Welcome to the New Orleans Investment Conference 2026
02:12 US Output per Person Down 57% in Gold Since 1975
05:04 Debt Interest Rivals Government Budgets as UK Gilts Hit 6%
07:35 The Case for $150 Oil and Energy Stocks
11:45 When the Taxman Can Take Money From Your Bank Account
14:25 Losing to Inflation on Savings and Where to Hold Wealth
16:13 The End of Cheap Money for Housing and Stocks
19:20 Gold Sideways Until Next Year and Copper’s Entry Point
20:57 Gold vs Bitcoin When the Money Printer Returns
22:18 Gherkins, the Budget and Closing Thoughts

#Gold #Oil #Inflation
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Peter Boockvar says the S&P 500 has become "one idea," and that idea is AI. The chief investment officer at OnePoint BFG Wealth Partners and editor of The Boock Report tells Kitco News anchor Jeremy Szafron at the New Orleans Investment Conference that investors should be "reassessing their exposure," because the market is "very much riding on one idea."

Boockvar says gold's drop below $4,000 on Oct. 30 looked like forced selling, with gold trading in a "very unusual tight correlation" with the S&P 500. Gold "is treated like an AI stock today, which it's not," he says, and the two big headwinds for gold this year, rising real rates and a strong dollar, are starting to shift.

He argues the AI trade now matters to the Fed's December decision, calls the September hike "a tweak," and urges investors not to make buy and sell decisions based on what they think the Fed will do "to save the day."

He also covers what's hiding inside 3.4% GDP growth, Big Tech's cash burn, why Japan matters for U.S. yields, France's bond stress, who is buying record U.S. Treasury issuance, why the deficit could widen sharply if the AI trade cracks, whether 60/40 works again for retirees, and why he still likes energy stocks.

Read The Boock Report: https://peterboockvar.substack.com

This interview was recorded on Oct. 30, 2026.

Follow 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)

0:00 Big Tech's $900B Loss and Gold's Drop
0:56 Why the AI Trade Now Matters to the Fed
3:37 Will the Fed Hike in December?
5:19 Don't Count on the Fed to Save the Day
6:20 What's Hiding Inside 3.4% GDP Growth
7:38 Warsh's Fed and the "Wrong Reason" to Sell Gold
9:52 What Has to Happen for Gold to Turn
11:50 Why Gold Is Trading Like an AI Stock
12:58 Big Tech's Cash Burn and the AI Dominoes
17:29 The Non-AI Trade
19:12 Is Your Retirement Fund Riding on One Idea?
20:01 Fewer Fed Votes, and Does Politics Reach the Fed?
21:17 Why Japan Matters for Your Interest Rates
23:30 France and the Next Bond Scare
26:25 Who's Buying America's Debt, and a 10% Deficit Risk
28:48 What Gold Does If Bond Buyers Stop
29:37 Does 60/40 Work Again for Retirees?
30:50 The Mood at the New Orleans Conference
31:50 Gold Stocks, Margins and Diesel Costs
33:21 Why He Still Likes Energy Stocks
34:10 Wrap-Up

#Gold #StockMarket #AIStocks
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Lobo Tiggre sold most of his gold and silver stocks early this year and was sitting on more cash this summer than at any point in his career. Now the editor of The Independent Speculator is buying again, and it isn’t gold stocks. He says “the most compelling opportunity is hands down uranium.”

At the New Orleans Investment Conference, Tiggre tells Kitco News anchor Jeremy Szafron that uranium stocks are trading as though the metal had collapsed, while the long-term contract price, which he calls the real market, keeps rising. He traces the selloff to investors who bought uranium as an AI trade and to tax-loss selling that started early, and he sees it as a gift. Either he’s missing something, he says, or “the market is making a mistake.”

Gold stocks aren’t on his buy list yet, but when they are, he plans to lean heavy into silver, which he expects to rebound harder than gold. He also explains how the opposite swings in oil and copper could hand him his next entry, and which plain questions can expose a weak company on the conference floor.

This interview was recorded on Oct. 29, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible.
To learn more, visit: https://dakotagoldcorp.com/

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Lobo Tiggre on X: @duediligenceguy (https://x.com/duediligenceguy)

00:00 Welcome to the New Orleans Investment Conference 2026
00:41 Silver Tracks Gold and the Plan to Lean Heavy Into It
01:44 From 80% Cash to Mostly Uranium as the Stocks Sell Off
04:11 Blue Chips on Sale and Making Cash Work While You Wait
06:37 Diesel Costs at the Miners and a Higher-for-Longer Oil Thesis
09:44 The Copper and Oil Tug of War
12:02 The AI Selloff Gift and Kazakhstan’s Acid Squeeze
14:56 A Disciplined System for Buying and Selling
16:02 Buying in Tranches the Doug Casey Way
17:30 When Averaging Down Makes Sense
18:57 Holding Cash Without FOMO at $4,000 Gold
21:01 The Uranium Spot Price Snapback Setup
23:22 Timing Mining M&A
24:31 Red Flags on the Conference Floor
27:49 Tax Loss Season Tactics
29:47 Closing Thoughts

#Uranium #Silver #Gold
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

In 1980, Mark Skousen told investors to sell their gold and silver. Now the Chapman University economics professor says the U.S. has entered “an era of permanent inflation,” yet he calls himself one of the few people at the New Orleans Investment Conference “who’s rather cautious” on the metals.

Skousen, a former CIA economist and founder of FreedomFest, tells Kitco News anchor Jeremy Szafron he’s convinced Fed Chair Kevin Warsh wants to be another Paul Volcker. With Warsh focused on the money supply, Skousen sees a December rate hike as a real possibility. He warns that real interest rates running above inflation are “not good for gold or silver,” and he weighs in on whether $50 still holds as a floor for silver.

On the economy, Skousen says “AI is bailing us out,” but he warns the U.S. is headed for a monetary crisis as interest on the national debt keeps climbing. He also explains why he now prefers a royalty company and dividend-paying stocks over miners and bonds, and shares his ancestor Benjamin Franklin’s view on paying off the national debt.

This interview was recorded on Oct. 29, 2026.

Special thanks to our sponsor, Dakota Gold, for making this coverage possible.
To learn more, visit: https://dakotagoldcorp.com/

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Mark Skousen on X: @MarkSkousen1 (https://x.com/MarkSkousen1)

00:00 Welcome to the New Orleans Investment Conference 2026
00:50 Reaganomics and the 1980 Call to Sell Gold and Silver
02:48 Inflation in the 1970s vs Today
05:07 Volcker’s 21% Rates and the Warsh Test
06:14 3.4% GDP Growth and the AI Business Spending Boom
08:57 The Era of Permanent Inflation and a December Hike
10:10 $100 Oil and the Fed’s Rate Hike Risk
11:30 Business Spending, Technology and Supply-Side Growth
13:02 Politics, Polling and Prediction Markets
14:06 Silver’s $50 Floor and Copper’s All-Time Highs
15:31 Save Young, Spend Old and the Coming Debt Crisis
18:01 Ben Franklin, Thrift and the National Debt
19:30 Warsh, Tight Money and the AI Bubble Debate
21:56 Dividend Stocks Over Bonds
23:04 Closing Thoughts

#Gold #Inflation #Silver
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

George Gammon puts 10% of what he makes into physical gold and says he never plans to sell it. He also says "set it and forget it" investing is over for your 401(k).

The Rebel Capitalist host tells Kitco News anchor Jeremy Szafron why the world can't quit the dollar, even as Gulf allies ask Washington for dollar swap lines, and why central banks are buying gold to guard against counterparty risk, not inflation. Central banks bought 289 tonnes in the second quarter, a record for any second quarter, according to the World Gold Council. With gold about 26% below its January record, Gammon said he would be "quite surprised" if it were below $5,000 or $6,000 in three to five years.

He also explains the 200-day moving average strategy he's testing for paper gold in a 401(k), why he says Treasury yields follow nominal GDP rather than the national debt, and why he calls the AI boom "selling $20 bills for 10 bucks."

This interview was recorded on Oct. 21, 2026.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow George Gammon on X: @GeorgeGammon (https://twitter.com/GeorgeGammon)

CHAPTERS
00:00 Gulf Allies Ask Washington for Emergency Dollars
01:00 The Petrodollar Is a Sideshow, Dollar Debt Is the Main Event
02:16 Why Every Dollar Loan Creates Future Dollar Demand
03:33 FX Swaps and $80 Trillion in Hidden Dollar Debt
04:43 The Mortgage Analogy, Toyota and the Yen at 160
06:49 Fed Swap Lines and Gulf Dollar Requests
10:41 Why Treasury Yields Follow Nominal GDP
13:50 Why Central Banks Keep Buying Gold
16:59 Counterparty Risk in Your Own Gold
18:34 10% of His Income Goes Into Physical Gold
21:39 A 200-Day Moving Average Rule for Gold Bear Markets
24:37 Central Banks, Not Retail, Drive Gold, and His 3-to-5-Year View
25:25 The Moment Gammon Stopped Believing the Money Multiplier
28:35 Why He Says Debt Isn't Driving Treasury Yields
30:59 France at 5% vs. China at 1.7%
32:01 China's Real Estate Bust
34:30 He Retired in 2012 and Bought When Everyone Said He Was Crazy
35:25 China's $1.2 Trillion Surplus and Where the Fear Is Now
37:43 Selling $20 Bills for $10: AI Demand Isn't Profit
41:52 2008 Lessons and the Difference Between a Crash and a Reset
46:06 Why 'Set It and Forget It' Is Over, and His Hedged Trade
48:50 His 5% Rule for Cutting Losses
49:39 Non-Farm Payrolls Are the Key Warning Light
51:14 Every Portfolio Starts With Your Goals
53:27 Final Thoughts and New Orleans

#GeorgeGammon #Gold #401k
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Harry Dent is selling his own home and owns zero gold. The economist and founder of HS Dent tells Kitco News anchor Jeremy Szafron why he believes home prices may not recover in our lifetime, why gold could fall back to 2015 levels before its biggest rally ever, and why stocks could drop 54% when the bubble bursts.

Dent calls this "the greatest bubble in history," and he says stocks, real estate, gold and silver all inflated together. He explains why long-term U.S. Treasuries are the only safe haven he wants to own, why he plans to short the first leg of a stock market crash with a triple-leveraged fund, and why he expects a decade of deflation. He also explains why baby boomers selling their homes could weigh on real estate for decades, and why he sees India as "the next China."

The conversation comes as contracts to buy existing homes fell to the lowest level since records began in 2001, according to the National Association of Realtors, and as hedge funds cut tech stocks at the fastest pace in Goldman Sachs data going back to 2016.

This interview was recorded on Oct. 20, 2026.

SPONSORED BY KALSHI
Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.
Exclusive Kitco offer: trade $50 and get $25 free with code KT2026. (https://kalshi.com/p/KT2026)
Availability varies by jurisdiction. Not available in Canada. Offer terms and eligibility apply.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Harry Dent on X: @HarryDentjr (https://twitter.com/HarryDentjr)

CHAPTERS
00:00 Why Dent Thinks the Market Bubble Is Starting to Burst
04:11 Why Dent Says the "Smart Money" Is Exiting
07:43 Dent's "Crash of a Lifetime" Warning
10:20 Why Dent Prefers Long-Term U.S. Treasuries
13:05 Bond Market Warnings and the "Everything Bubble"
18:52 Why Dent Says Gold Won't Be a Safe Haven
21:32 China's Property Bust and Why Dent Says U.S. Housing Is Next
27:53 Why Home Prices May Not Recover, and Which House to Sell
32:10 Deflation, Mortgage Rates and Housing Prices
36:16 Puerto Rico and Where Dent Would Ride It Out
39:50 Aging Costs and America's Broken Promises
43:23 Can the Fed Stop Dent's Predicted Crash?
48:43 Dent's Portfolio: No Gold, Treasuries and an India Bet
51:20 Why Gold Gets Its Biggest Rally Ever
52:22 How Dent Plans to Short the First Leg Down

#HarryDent #Gold #HousingMarket

__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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 your pension or annuity exposed to private equity? Former New York Fed insider Christopher Whalen tells Kitco News anchor Jeremy Szafron why he’d get that money out if you can, and why he sold his own bank stocks to lean on gold and silver.

Whalen, chairman of Whalen Global Advisors, former head of research at Kroll Bond Rating Agency and editor of The Institutional Risk Analyst, says private equity investors are “entirely beholden to the manager” for what their holdings are worth. He also says private credit funds buying up insurers should worry anyone who owns an annuity. His first question for every annuity holder is simple: what’s the insurer’s rating?

He explains why he bought puts on consumer lenders as he expects more missed payments. He also calls gold and silver an “asymmetrical trade” as central banks shift toward gold. For a retired couple, he suggests focusing on income first and holding about 5% to 10% in a gold ETF.

On the economy, Whalen explains how the AI borrowing boom helped push up bond yields, and why he thinks the Federal Reserve will have to return to QE and buy Treasuries again. He warns food prices could get “much higher” as farmers struggle to afford fertilizer, and he doesn’t expect 5% mortgage rates to come back.

This interview was recorded on Oct. 19, 2026.

Correction: At about 27:35, Jeremy says the Mortgage Bankers Association expects mortgage rates to fall about 5% in 2027. He meant mortgage lending, which the MBA expects to fall about 5% to below $2 trillion.

Subscribe to Kitco News. We’re going to keep following who gets stuck with the bill.
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Christopher Whalen on X: @rcwhalen (https://twitter.com/rcwhalen)

CHAPTERS
00:00 Private Equity “Forever Funds” and Pension Risk
03:43 Continuation Funds: When to Ask for Your Money Back
06:06 Annuities, Insurer Ratings and Private Credit Risk
09:28 AI Circular Financing and Data Center Bottlenecks
13:25 AI Dip Buying and Wall Street Conflicts
17:19 How AI Borrowing Is Hitting the Bond Market
19:32 Fed Hikes, Food Prices and a Return to QE
22:53 Why an AI Unwind Could Pull Rates Lower
24:26 Mortgage Rates and Whalen’s Floating-Rate Strategy
27:46 Mortgage Industry Shakeout and Buyer Leverage
31:04 Deficits and Hard Assets
32:02 Why Whalen Sold His Bank Stocks
34:01 Why Whalen Is Shorting Consumer Lenders
36:45 Why Central Banks Are Shifting Toward Gold
39:03 Mining Stocks: Why Whalen Prefers ETFs
40:36 Gold as the “One Measure” of Inflation
43:58 How Much Gold Whalen Would Hold in Retirement

#PrivateEquity #Gold #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Peter Grandich tells Kitco News anchor Jeremy Szafron gold may need one more brief drop under $4,000 to set up the strong bottom it needs, then a run toward record highs in 2028. Gold bugs, he says, won’t like the first part.

Grandich, who says he sold his gold before this year’s drop, explains why he changed his mind on a stock market crash in the last three days and why a 10-year Treasury yield above 6% would signal a financial crisis. He also says copper could hit $7 before 2027 and calls Canadian mining a lifetime opportunity.

Plus: his “Riverboat Pete” shopping list, why he’s waiting on uranium, and the lesson that cost him millions.

This interview was recorded on October 8, 2026.

SPONSORED BY KALSHI Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.
Exclusive Kitco offer: trade $50 and get $25 free with code KT2026. (https://kalshi.com/p/KT2026)
Availability varies by jurisdiction. Not available in Canada. Offer terms and eligibility apply.

Follow Jeremy Szafron on Twitter: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Peter Grandich on Twitter: @PeterGrandich (https://twitter.com/PeterGrandich)

Chapters:
00:00 Why He Got Out of Gold Before the Drop
00:57 The Parabolic Move That Told Him to Sell
02:30 A Quick Dip Under $4,000 Would Set Up the Next Run
03:58 China Shops for Gold While America Shops on Credit
05:45 The Myth That Rising Rates Kill Gold
06:40 Who Really Sets the Gold Price Now
09:13 A Stock Market Crash Is No Longer Unlikely
09:57 The Market Is Weaker Than the Record Highs Suggest
11:30 When the Banks Turn Down, Trouble Follows
12:50 America May Struggle to Pay Its Interest in Years, Not Decades
14:08 Who Pays When the Bill Comes Due
16:42 The Lifetime Mining Opportunity He Sees in Canada
18:28 Private Credit Stress Is Spreading
21:22 What AI and Robotics Do to the Jobs Picture
22:53 Above 6% on the 10-Year Treasury Means a Crisis Has Hit
24:20 The Day Japan Has to Choose Itself Over U.S. Bonds
24:50 No Hike in October, One in December
27:15 Why He Sees a Major Food Crisis Risk
32:05 The Asset That Survives a Government That Wants More
34:00 Why Copper Could Hit $7 Before 2027
36:13 The Real Reason Miners Stay Cheap
43:00 Management Is the One Thing That Makes a Junior
47:30 Riverboat Pete’s Shopping List
49:02 The Lesson That Cost Him Millions, Twice
52:45 The Red Suit vs. the Angel

#PeterGrandich #Gold #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Inflation hit 3.7% in September, and gold and silver fell anyway. Social Security's 3.6% raise adds about $75 a month for the average retiree. Mario Innecco, host of maneco64 and a former London bond futures broker, says that won't keep up, and that big banks are trying to keep gold "under control."

Jeremy Szafron asks Mario why gold is still above $4,000 with bond yields at multi-decade highs, whether you can trust the CPI, why he says bonds are becoming "certificates of confiscation" again, whether Fed Chair Warsh hikes before the midterms, how America could unlock about $1 trillion by revaluing its gold, what 1933 teaches about gold confiscation, the warning signs of a bank bail-in, and whether to own the miners or physical gold and silver.

This interview was recorded on October 14, 2026.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Mario Innecco on X: @maneco1964 (https://twitter.com/maneco1964)

CHAPTERS
0:00 Inflation Hits 3.7% and Gold Falls
1:20 Why Gold Fell on Hot Inflation
3:50 Is Someone Leaning on Gold and Silver?
6:10 Can You Trust the CPI?
10:50 The Zero Reserve Requirement
12:00 Social Security Raise: Who Loses First
15:40 Is the Fed Really Fighting Inflation?
19:00 Will Warsh Hike Before the Midterms?
21:50 What Would Crush Gold
24:00 5% Treasuries and the Bond Bear Market
27:40 Certificates of Confiscation
30:20 Inflating Away the $40 Trillion Debt
31:40 The Crack-Up Boom
34:30 Who Really Sets the Gold Price
36:00 Golden Week and the Bullion Banks
38:00 Why Silver Lags Gold
41:00 Revaluing America's Gold: $1 Trillion
44:40 Judy Shelton's Gold-Backed Bonds
47:00 1933 Gold Confiscation: Could It Happen Again?
49:20 A Reset Over a Weekend
51:20 Bank Bail-In Warning Signs
53:50 Miners or Physical Metal?
56:00 Gold and Silver Year-End Outlook
58:00 10 Minutes With Fed Chair Warsh

Subscribe to Kitco News for daily gold, silver and macro.
Live prices: https://www.kitco.com

#gold #inflation #socialsecurity
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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 dropped as much as $82 on a hot inflation report, then erased almost the entire loss a day later. Gary Wagner of TheGoldForecast.com says that kind of snap-back is exactly what a bottom looks like, and his year-end model has gold climbing back above $5,000.

Wagner takes Jeremy Szafron through the “engulfing bullish” pattern now sitting on the gold chart, the one candle that confirms it, and the single level that tears the whole thesis apart. He runs his Elliott Wave count from January’s record high through the correction, and pins down where his models put gold by year-end and into early 2027.

He also returns to the $56 silver floor he called a month ago, reads what the gold-silver ratio is signaling, explains why a rising dollar and a 10-year yield near its highest since 2002 are the real threats to the rally, and points to a “price void” opening up in crude oil. After 40 years on the charts, he also says why he keeps stacking silver instead of selling.

Recorded October 15, 2026.

00:00 Gold Whipsawed $80 After the CPI Shock
01:16 The Two-Day Pattern Flashing a Bullish Reversal
05:19 The One Candle That Confirms the Turn
08:03 Elliott Wave, and What It Says About Gold Now
13:59 His Model Puts Gold Back Above $5,000 by Year-End
14:50 Silver’s $56 Floor Held. What’s Next
18:06 The Gold-Silver Ratio and the Case for Stacking
20:35 A Rising Dollar Is the Real Headwind for Gold
29:09 The “Price Void” Setting Up in Crude Oil
30:37 What the Fed Does Next, and the Final Takeaways

Follow Gary Wagner at (https://thegoldforecast.com)
Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Col. Douglas Macgregor tells Kitco News anchor Jeremy Szafron that Saudi Arabia is "gonna go out of business," that a new commodity supercycle has begun, and that another U.S. strike on Iran would bring "years of scarcity" for oil and water across the Gulf.

Macgregor, a retired U.S. Army colonel who fought in the Gulf War and advised the acting Secretary of Defense, breaks down the Houthi strikes on Riyadh and why he says Turkey and Pakistan won't fight Saudi Arabia's war, why the Navy can't secure the Strait of Hormuz, why refining is the real bottleneck for copper, rare earths and critical minerals, why he sees China as the real winner in the Gulf, and the diesel crunch behind Washington's Russian diesel deal. In a rapid-fire round, he forecasts $150 to $200 oil next year and $10,000 gold by 2029.

This interview was recorded on October 13, 2026.

Today's show is brought to you by Kalshi. Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.
(https://kalshi.com/p/KT2026)
Availability varies by jurisdiction. Not available in Canada.

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Col. Douglas Macgregor on X: @DougAMacgregor (https://twitter.com/DougAMacgregor)

00:00 Seven Months Into the Iran War, and Oil Is the Weapon
01:17 The Strike on Riyadh and the House of Saud's Survival
03:07 Why the Old World Order Has Broken Down
04:00 A New Commodity Supercycle Has Begun
04:55 Why the Navy Can't Secure the Strait of Hormuz
06:43 How the Houthis Grew to as Many as 350,000 Fighters
09:09 Mining, Defense and the Push Away From China
09:50 Why AI Data Centers Need So Much Copper
10:40 The Refining Problem Nobody Talks About
11:40 The Debt Math He Says "Can't Be Done"
12:11 Where Oil Goes If America Joins the Houthi Fight
13:12 Why He Says China Wins the Gulf
16:20 The Food and Fertilizer Crisis Coming Next
17:00 Diesel Tops $6, and Washington Turns to Russia
17:40 Who's Winning the Sanctions War
19:50 Why Gold Has Soared Since 1971
20:46 Can Washington Get Out of the Gulf?
23:08 Rare Earths and Refining Are China's Real Leverage
25:13 A Third Carrier, the Midterms and the Iran Endgame
25:50 Strike Iran Again and the Gulf's Oil and Water Get Hit
29:54 Why the Navy Is Stretched to the Breaking Point
32:05 Is a Third Carrier a Show of Strength?
33:00 Rapid Fire: Oil to $200, Gold to $10,000, Saudi Arabia's Future

👉 Subscribe for daily gold, silver and macro from Kitco News.
📈 Live prices: https://www.kitco.com

#DouglasMacgregor #SaudiArabia #Gold

__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Washington could default at 50 cents on the dollar, and gold is the only hedge against Treasuries, Peter Schiff tells Kitco News anchor Jeremy Szafron.

Schiff, host of The Peter Schiff Show, says the 40-year bull market in bonds is over and rates could rise faster than they fell. He sees 9% mortgage rates possible by the first quarter of next year and a 30 to 50% drop in home prices nationwide, which he calls a bigger bubble than 2008.

He explains the "fourth quadrant" of high debt and high interest rates, why he sees the way out as massive inflation or a restructuring, and why he calls rising bond yields "the most bullish thing that could happen to gold and silver." He also says why he holds a lot more of his own money in mining stocks than physical bullion, what a retiree living on Social Security and CDs should do now, and the one long shot that could save the debt.

This interview was recorded on October 7, 2026.

SPONSORED BY KALSHI Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.
Exclusive Kitco offer: trade $50 and get $25 free with code KT2026. (https://kalshi.com/p/Kitco)
Availability varies by jurisdiction. Not available in Canada. Offer terms and eligibility apply.

Follow 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)

Chapters
00:00 Central Banks Keep Buying Gold, What Do They See?
00:48 Nobody Is Big Enough to Bail Out the US Government
02:47 Bonds Are 6 Years Into a 20-Year Bear Market
03:40 9% Mortgages and a 30 to 50% Drop in Home Prices
05:43 The Four Debt Quadrants and Why the Fourth Is Dangerous
10:04 Massive Inflation or a Default at 50 Cents on the Dollar
12:50 Bondholders Have Already Lost Half
13:58 Who's Holding the Bonds: Banks, Insurers and the Fed
15:49 Sell the Bonds, Buy Gold
19:21 The Social Security Time Bomb
24:20 The 70-Year-Old Saver: Buy Next Year's Groceries Now
26:09 Operation Twist Now, Money Printing Next
29:57 Big Tech Is Now Competing With Washington to Borrow
32:59 The Dollar's Strength Is an Illusion
34:55 Rising Yields Are the Most Bullish Thing for Gold
37:26 When the Gold Sellers Run Out
39:20 Why Russia Is Selling Its Gold
40:26 How Weaponizing the Dollar Backfired
42:05 Gold Back to $5,000, Faster Than Last Time?
43:11 Buy Bullion, Skip the Collectibles
44:12 Where Schiff Keeps His Own Money
45:37 Where the Real Upside Is in Mining Stocks
47:10 Silver's Breakout Is Bigger Than People Realize
47:50 Does It Matter Where the Mine Is?
49:05 Where to Store Your Gold
51:58 Why Schiff Expects Tax Hikes on the Wealthy
53:32 The One Thing That Could Save the Debt
55:50 The Biggest Threat to Your Retirement
57:40 His Fix: A Real 50 Cents Beats a Dollar Worth 20 Cents
59:15 Why Revaluing America's Gold Wouldn't Help

#PeterSchiff #Gold #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Gerald Celente says Wall Street and Main Street have split apart, and a crash is on the near horizon. Celente, founder of the Trends Research Institute and publisher of the Trends Journal, has spent 46 years forecasting trends. He joins Jeremy Szafron on the stock market, gold, silver, inflation, the jobs report, the Iran war, Gen Z and what he says is coming for your money.

Celente says stocks are rallying while Main Street struggles. In New York's Hudson Valley, he says, "the streets are dead," and the restaurant owners he talks to report business down more than 30% on average. He believes the coming crash will mirror 1929, warns of a dot-com bust in AI stocks and argues China will lead the world in artificial intelligence. He also explains why the markets haven't crashed yet: he didn't expect interest rates to go to zero and trillions of dollars in cheap money to flood the system.

With September's jobs report showing just 29,000 new jobs, and July and August revised down by a combined 60,000, Celente explains what he calls dragflation, prices going up while the economy goes down, and why he believes higher inflation means higher gold prices. He started buying gold at about $170 an ounce in 1978, bought again near $5,300 and says he would buy now, not sell. He is bullish on silver too, saying there are no silver stockpiles.

Celente lays out his getaway plan: "get to the country, because the cities are gonna go down bad." He explains why Gen Z is turning on the system from India to Nepal, why he is holding his 2027 trends until after the Nov. 3 midterms and why he believes a renaissance could still turn things around.

Recorded October 2 2026

SPONSORED BY KALSHI
Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.

Exclusive Kitco offer: trade $50 and get $25 free with code KT2026.
(https://kalshi.com/p/Kitco)

Availability varies by jurisdiction. Not available in Canada. Offer terms and eligibility apply.

Follow 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)

00:00 Why Celente Says These Are the Worst Times He's Seen
01:46 Wall Street vs. Main Street
03:58 Fuel Prices, Rising Yields and Crash Risk
05:31 Jobs Revisions: What Should You Believe?
09:25 AI Bubble, China and a New Dot-Com Bust
13:20 A 1929-Style Crash and the Three G's
18:45 Gold Selloff, Silver and What Celente Is Buying
23:30 Celente's Getaway Plan: Get to the Country
28:56 Celente Fears the Iran War Will Escalate
33:04 Fuel Shortages, Oil Prices and Main Street
37:52 Gen Z Revolt, Monopolies and the Cost of Living
44:04 Celente's Advice to Young Adults and a New Renaissance
49:17 Why Celente Says Change Starts at Home
52:26 Why the Crash Hasn't Come Yet
54:16 Why He's Holding His 2027 Call
55:16 Where Celente Finds Hope for the Future
59:07 War, Washington and the Military-Industrial Complex

#GeraldCelente #StockMarket #Gold
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Clem Chambers tells Jeremy Szafron the money printing starts after the midterms, interest rates fall sharply, and gold grinds higher. The ADVFN founder explains why the AI boom has only just begun, why it's running short of power, and who pays for it.

Chambers says the AI race is now a race for electricity and copper. He expects the Fed to wait until after the midterms before the money starts flowing, sees a short-term blip for gold before a long-term grind higher, and explains why blue-collar workers could be the biggest winners of the build-out. He also covers China, the information war, Europe's energy crisis, Brazil, Bitcoin, and why investing while anxious, fearful or angry is a costly mistake.

This interview was recorded on October 5, 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)

Chapters:
00:00 AI's Power Bottleneck Is Already Here
01:31 Why Chambers Says the AI Boom Has Just Begun
07:39 Why America Will Print Money to Win the AI Race
09:53 Why AI Will Need Every Source of Energy
11:26 China vs. America in the AI Race
14:02 Propaganda and the New Information War
16:32 The "Boring" Winners Behind the AI Buildout
23:47 AI Is Heading Toward a Copper Crunch
27:05 Gold, Inflation and the Coming Reflation
30:17 Fed vs. Treasury: Who Controls the Money?
33:46 Economic Growth vs. Bigger Government
36:04 Europe's Energy Crisis vs. America
40:04 Middle East Risk and the AI Market Outlook
45:24 Brazil, Argentina and When Money Votes
50:01 Is the Treasury Acting Like a Central Bank?
52:27 Bitcoin, Wall Street and Money Printing
56:17 How Fear and Propaganda Hurt Investors
58:51 Diversification, Risk and What to Do With Cash

#ClemChambers #Gold #AI
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Jim Rickards says Washington benefits from inflation. For people trying to protect their savings, that creates a very different problem.

In this Kitco News interview, Jeremy Szafron asks Rickards who could drive gold’s next move, why he thinks China needs dollars even as it reduces its Treasury holdings, and what happens when the government’s debt problem collides with the saver’s need for stable purchasing power.

Rickards explains why he believes central-bank buying supports gold, what could happen if large institutional investors increase their allocations, and why he sees an opportunity in silver.

He also makes a specific Fed call: no additional hike in October, followed by a probable increase in December.

The conversation moves from Hormuz and diesel costs to the Japanese yen carry trade, physical gold ownership, the midterm elections and increasingly sophisticated financial scams. Rickards closes with the money lesson he emphasizes to his own children and grandchildren.

Jim Rickards is the author of Currency Wars and MoneyGPT and editor of Strategic Intelligence.

Recorded September 30 2026

SPONSORED BY KALSHI
Trade the first CFTC-regulated gold and silver perpetuals in the U.S., 24/7, with no expiration date.

Exclusive Kitco offer: trade $50 and get $25 free with code KT2026.
(https://kalshi.com/p/Kitco)

Availability varies by jurisdiction. Not available in Canada. Offer terms and eligibility apply.

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow James Rickards on X: @JamesGRickards (https://x.com/JamesGRickards)

Chapters:
00:00 The Tools Washington Has Left, and Who Pays
00:59 Central Banks Flipped From Sellers to Buyers in 2010
02:47 The Gold China Won't Tell You About
05:33 Gold's Floor and the Asymmetric Trade He Loves
06:17 The Buyers Who Always Show Up Last
09:19 Gold Preserves Wealth When Every Dollar Loses It
11:20 How Gold Became the Money That Beats Sanctions
12:47 Iran, China, and the Leverage Gold Hands Beijing
14:15 Why Iran Doesn't Need a Navy to Disrupt Hormuz
19:05 Why He Says Real Oil Is Closer to $180
24:46 The K-Shaped Economy and Which Side You're On
34:21 The Wealth-Tax Warning He Wants You to Hear
38:01 Will the Fed Hike Before the Election?
41:22 How Washington Inflates the Debt Away
47:54 China Isn't Dumping the Dollar, He Says It Needs Dollars
50:40 The Yen Carry Trade Unwind That Could Trigger a Panic
58:00 If You Own Gold Through an ETF, You Don't Own Gold
1:00:19 Could Washington Freeze Your Gold?
1:02:56 The Silver Setup He's Watching Now
1:10:34 The Money Advice He'd Give His Own Kids

#JimRickards #Gold #Inflation

__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

China has added gold to its reserves 22 months in a row, while Beijing keeps Bitcoin trading banned. Cory Klippsten, founder and CEO of Swan Bitcoin, says there's dark logic behind it: gold is hard money a state can still control.

Klippsten explains what China can and can't control about gold, why he went looking for a new gold standard and found it falls well short, and the four horsemen he says are pushing bond yields to their highest since 2002: war, growth, debt and Japan.

He also says only two Bitcoin treasury companies, Strategy and Strive, are truly running the strategy, and why he now suggests 90% of Bitcoin exposure sit in real on-chain coins. He explains why he calls the AI payments pitch for Bitcoin "Bcash logic," and names the one risk he takes seriously. And he puts a Bitcoin standard for the West somewhere between 2070 and 2090.

Recorded October 1 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)
Follow Cory Klippsten on X: @coryklippsten (https://twitter.com/coryklippsten)

Chapter
00:00 China's Gold Buying Push
00:54 The Dark Logic of China's Gold
04:15 Why It's Not a New Gold Standard
06:04 Why Investors Are Turning to Hard Assets
07:20 The "Bondpocalypse": Why Cheap Money Is Over
10:31 Why Bitcoin Is Rallying Anyway
13:16 Bitcoin vs. Washington's Crypto Rules
15:45 How Investors Get Bitcoin Exposure
19:45 Only Two Bitcoin Treasury Stocks Have a Chance
24:41 Bitcoin and AI Payments: Hype vs. Reality
28:49 Bitcoin Mining and Proof of Work Explained
30:34 Bitcoin Custody and Exchange Risk
37:21 Government Risk for Bitcoin
39:15 A Bitcoin Standard by 2070–2090?

#Gold #Bitcoin #China
__________________________________________________________________

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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.

Lyn Alden says Washington is on track to run roughly $10 trillion in deficits over the next five years, and she sees no appetite among voters, Congress or the president to cut spending. She's holding her gold, but after the run toward $5,000 she says it's "less of a screaming buy," and she wants to see a stronger base before she'd pound the table again.

In this interview, Lyn explains why she thinks the Fed may not have the tools to fix fiscal-driven inflation, why rate hikes can grow the deficit faster than they slow lending, why she believes "the fiscal side will win," what could force the Fed to step into the Treasury market, why she thinks "zero is the wrong number" when it comes to holding some assets yourself, and whether stablecoins really strengthen the dollar.

Recorded September 28 2026

Special thanks to our sponsor, Swan Bitcoin, the real Bitcoin company, for making this coverage possible 👉 To learn more, get started at https://swan.com/kitco

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Lyn Alden on X: @LynAldenContact (https://x.com/LynAldenContact)

CHAPTERS
0:00 Gold Sold Off With Everything Else. What It Means
2:42 Gold Isn't the Screaming Buy It Was at $2,000
4:13 What She Wants to See Before Buying More Gold
8:29 The Fed Doesn't Have the Tools for This Inflation
11:14 Above 100% Debt, Rate Hikes Grow the Deficit
12:23 Who Rate Hikes Help and Who They Hurt
18:09 Why the Fiscal Side Will Win
20:30 Inflation Can Last Longer Than People Think
22:43 Neither Party Will Actually Cut Spending
26:08 Iran, Oil and China's Leverage
29:07 Rare Earths: Why Processing Is the Hard Part
31:47 Gold Is Still Flowing From West to East
32:31 Her Conviction: Cyclical, Not Structural
33:53 What's Really Driving Bitcoin
43:36 Did the Gradual Print Stop?
47:59 What Would Force the Fed's Hand
50:18 Capital Controls Are Tightening
51:46 Is a Bitcoin ETF Like Paper Gold?
54:11 Practical Steps Toward Financial Sovereignty
57:39 Could the Dollar Win From Crypto?
1:08:09 What Investors Forget to Invest In
1:09:29 Why She Hasn't Changed Her Portfolio
1:11:04 Ten Minutes With Kevin Warsh

WHAT TO WATCH THIS WEEK
- About 20 Fed speeches, including NY Fed President John Williams (Tue.)
- PCE inflation (Wed., Sept. 30)
- ISM manufacturing (Thu., Oct. 1)
- September jobs report (Fri., Oct. 2)
- Next Fed decision: Oct. 28

#Gold #LynAlden #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/kitconews

Listen 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.com

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/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto

Learn 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.