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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.

CHAPTERS
0:00 - 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 Threat
8:00 - 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
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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.

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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
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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 this exclusive for Kitco News, Anchor Jeremy Szafron sits down with Fr. Emmanuel Lemelson, Chief Investment Officer at Lemelson Capital Management, to dissect a global market he describes as 'detached from reality'. Following a historic $36 intraday swing in oil, Lemelson warns that the current volatility is merely a 'tremor before the major earthquake'.

Fr. Lemelson challenges the core thesis of the 'gold bugs,' arguing that while trust in fiat is breaking down, gold is not a guaranteed sanctuary. He posits a sobering geopolitical reality: in a global crisis, 'it’s the guy with the biggest military that’s gonna take what he wants'.

From the 'capture' of the Federal Reserve to the 'accounting chicanery' fueling a 'house of cards' in the AI sector, Lemelson pulls no punches on the structural rot facing investors. He further details why 'being passive is usually just a euphemism for being lazy' and why retail investors often end up as the 'exit liquidity' for sophisticated multi-strategy hedge funds that are currently getting 'hammered'.

Recorded on March 10, 2026

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Chapters
00:00 Oil Shock Opens Show
01:32 Markets Trading Hope
02:25 Oil Reality Check
04:59 Fed Policy Trap
06:32 Gold Bitcoin Debate
08:56 What Is Hard Value
11:27 Active Value Hunting
13:03 Hedge Funds Hit
14:36 Private Credit Cracks
17:02 Who Holds The Bag
18:34 Golden Age Of Fraud
19:54 Rigged Market Reality
20:31 Be a Shareholder Steward
21:51 Activism for Everyone
22:14 WWE Case Study
24:11 Practical Active Habits
26:01 Top Value Picks
29:36 What to Avoid Now
33:17 Gold and Silver Skepticism
34:53 Influencer Incentives Warning
36:57 Closing

#Gold #Oil #Investing #KitcoNews #EmmanuelLemelson #FederalReserve #StockMarket #Economy #WealthProtection #ValueInvesting #AI #HedgeFunds #Fraud #Stewardship
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Disclaimer:  
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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.

Luke Gromen, founder and president of Forest for the Trees, joins Kitco News Anchor Jeremy Szafron to analyze the macroeconomic fallout from the ongoing closure of the Strait of Hormuz. Gromen explains why the bond market is the real battleground right now and how foreign investors are being forced to sell US Treasuries to finance their energy deficits.

The conversation explores shifting global power dynamics, with Gromen drawing direct parallels to the 1956 Suez crisis. He details the vulnerabilities of a 100 year sovereign debt bubble, the potential for an AI driven consumer credit crisis, and why trust in sovereign paper is rapidly declining.

As global liquidity risks rise, Gromen highlights why institutions are increasingly treating gold as a final settlement asset and outlines his forecast for gold prices to reach $6,000 by midyear if current geopolitical and energy constraints persist.

Recorded on March 11, 2026.

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Timestamps:
00:00 CPI And War Shock
01:21 Bond Market Commander
03:28 Signs Of Stress
04:54 Strait And Oil Sorting
07:25 Dollar System Mismatch
10:50 AI Meets Energy Limits
16:00 Gold As Trust Barometer
18:46 Portfolio For Households
24:33 Bitcoin Quantum And Liquidity
26:08 Private Credit Warning
27:58 Midterms And Strait Outlook
29:55 Actionable Plays And Risks
33:43 Gold Target And Wrap

#KitcoNews #Gold #LukeGromen #Macro #Investing #Finance #Commodities
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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.

Willem Middelkoop says the monetary reset is no longer a forecast. It is unfolding now.

Speaking with Kitco News at PDAC 2026, the Founder and CEO of Commodity Discovery Fund reiterated his aggressive silver outlook. “It was 2021 when I called for $100 silver,” he said. “Now I'm calling for $500 silver.” Middelkoop argues that historical benchmarks still matter, noting the gold-silver ratio “traditionally has been one in 10 for over 2000 years,” while physical supply continues to tighten. He added, “If you look at the silver production in Peru, it's down 40% over the last five years.”

Beyond price targets, Middelkoop believes the global financial order is shifting east. “The price discovery mechanism for gold and silver is moving from Chicago to Shanghai,” he said, adding, “I think this is Bretton Woods 3.0.” He warned that “the next crisis could be a sovereign debt crisis,” but maintains that despite volatility and geopolitical tension, “We are just starting.”

01:06 - Silver Squeeze Setup
02:47 - Comex Credibility Cracks
04:18 - Shanghai Takes Over
07:36 - Mexico Mining Risk
08:50 - Fed No Longer Matters
09:53 - Bretton Woods 3.0
11:32 - Sovereign Debt Reckoning
13:39 - Middle East Political Fallout
17:20 - What It Means for Miners
19:01 - M&A and Copper Deals
23:06 - Portfolio Positioning
25:44 - Black Swan and Stacking

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#Gold #Silver #PreciousMetals #SilverSqueeze #GoldPrice #Mining #Copper #Uranium #SovereignDebt #PDAC2026 #KitcoNews
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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 his silver position “as a speculation, has run its course,” and he is now looking for opportunity in equities, discoveries, and consolidation. Speaking with Kitco News at PDAC 2026, the President and CEO of Rule Investment Media explained why he exited physical silver after a major move. “I bought silver some years ago because it was hated,” he said. “I was wrong. It quadrupled.”

Rule said he redeployed about half of the proceeds into silver stocks, arguing that parts of the equity market still reflect more conservative pricing than the metal itself. He also said the industry is entering a new phase as older exploration spending begins to bear fruit. “We’re coming into a very, very, very exciting period throughout the value chain and mining,” he said, adding that when a real discovery is made, “it will be bought for eye-popping multiples.” Rule expects consolidation to build, and he challenged official inflation data, saying, “I think the conventional measures of inflation are lies.”

Recorded March 02, 2026.

00:54 - Silver to Stocks
02:34 - Exploration Payoff Cycle
03:50 - M&A and Takeovers
06:50 - Royalties and Consolidation
09:33 - Institutions and Dumb Money
13:18 - Dividends vs Sustaining Capex
16:11 - Taking Control
18:41 - Silver Squeeze Reality
20:04 - COMEX Force Majeure
23:44 - Borrowing Against Bullion
25:16 - Rule Symposium Breakdown
29:53 - Uranium Copper Inevitables
31:37 - Copper Pretenders Warning

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#Gold #Silver #PreciousMetals #GoldStocks #SilverStocks #Mining #Uranium #Copper #Inflation #EnergyMarkets #PDAC2026 #KitcoNews
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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 testing $5,400 is not a temporary surge; it reflects what Wheaton Precious Metals CEO Randy Smallwood describes as a structural shift in markets. Speaking with Kitco News at PDAC 2026, amid escalating Middle East tensions and a sharp move higher in oil, Smallwood said precious metals are entering a new phase driven by fiscal imbalances, currency concerns, and renewed demand for hard assets.

“I do think 5,000 is a new base for gold,” Smallwood said. “Gold is a currency. It's been a currency forever.” He argued that the long-held view of the US dollar as the primary reference currency is being reassessed as deficits widen and geopolitical risk intensifies.

Smallwood also pointed to silver’s multi-year supply imbalance, noting, “We're consuming more of it than what we're producing,” after peak silver production in 2017 and 2018. His comments come after Wheaton closed a $4.3 billion transaction last week to double its silver exposure at Antamina, positioning the streaming company for what he sees as a sustained monetary and industrial shift.

Recorded March 02, 2026.

00:40 - CEO Transition and $4.3B Silver Deal
02:32 - Gold Above $5,000 and Breakout Drivers
03:54 - Energy Costs, Cost Curve, and Mining Margins
05:48 - $4.3B Antamina Silver Stream in Peru
07:58 - Wheaton’s Growth Engine and Streaming Model
10:21 - M&A Pressure and Mine Supply Constraints
11:43 - Managing Jurisdiction and Political Risk
13:23 - Silver Structural Deficit Since 2017
16:25 - Industrial Silver Demand and AI Growth
17:55 - Silver Volatility and Squeeze Narrative
19:15 - Wheaton’s 2030 Production Strategy
21:34 - $1M Future of Mining Innovation Challenge

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#Gold #Silver #PreciousMetals #GoldPrice #SilverDeficit #Mining #Streaming #EnergyMarkets #PDAC2026 #KitcoNews

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__________________________________________________________________
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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.

Copper has hit a record $6.04/lb, but the physical market is reaching a breaking point. On the opening day of PDAC 2026, Hudbay Minerals ignited the M&A cycle with a US$1.48 billion acquisition of Arizona Sonoran at a 30% premium - a move that confirms the "gun-shy" majors are officially losing their window to buy cheap metal.

In this exclusive Copper Panel, Jeremy Szafron sits down with Frank Giustra (Fiore Group) and Ian Harris (CEO, Copper Giant Resources) to discuss a global "Black Swan" event: a bridge collapse that has severed the DRC’s main copper export corridor, effectively cutting off the world’s second-largest producer.

With only four "billion-tonne" near-surface assets left undeveloped in the world, the guests break down why the current $6.00 price is just the baseline for a decade-long supply squeeze driven by the AI power crunch and the $1.4 trillion decay of the U.S. electrical grid.

The 14¢ vs. 1¢ Valuation Gap

The Hudbay deal valued Arizona Sonoran at roughly 15 cents per pound of copper in the ground. Meanwhile, Tier-1 assets like Copper Giant (TSXV: CGNT) are trading at just 1 cent per pound—a massive valuation gap that Frank Giustra calls a "no-brainer" for investors watching the majors scramble for replacement reserves.

Timestamps:
0:00 - Live at PDAC 2026
0:11 - Hudbay Deal Sparks M&A Cycle
1:03 - Majors Move by Committee: The Risk Aversion Trap
2:30 - Scarcity Triggers Dominoes: Only 4 Billion-Tonne Assets Left
4:57 - Copper Supply Shock: The DRC Bridge Collapse
6:56 - Stockpiles and the "COVID Toilet Paper" Tight Market
7:40 - AI and Electrification: The 8 Million Tonne Deficit
11:59 - Bull Market and the Junior Mining Rotation
14:07 - Tier One Asset Math: 1.1 Billion Tonnes at Mocoa
15:46 - Molybdenum: The "Strategic" Byproduct Edge
17:57 - Frank’s Macro Playbook: Calling the Copper Cycle
21:26 - Colombia: Jurisdiction, Community, and Rule of Law
24:52 - Copper Giant 2026 Milestones: The PEA & Expansion
26:02 - Wrap Up and Subscribe 

Recorded March 02, 2026.

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__________________________________________________________________

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.

Rising tensions in the Middle East and a surge in oil prices sent gold briefly above $5,400, but Dr. James Thorne says investors should separate short-term shocks from long-term trends. Speaking with Kitco News at PDAC 2026, the Wellington-Altus Chief Market Strategist described the move as “a temporary spike if we're long-term investors,” adding that “in a bull market, you can have a 50% correction at any time and still have the secular bull market in place.”

Thorne believes gold remains in a structural repricing cycle and reiterated, “By the end of the decade, I'm saying gold's gonna be 10,000.” However, he cautioned that the safety trade may be crowded and advised investors to rebalance rather than chase momentum. Thorne also outlined what he views as an eventual “Bretton Woods 2.0,” arguing the global system is moving toward a new monetary framework that could incorporate both hard assets and digital infrastructure.

Recorded March 02, 2026.

00:39 – Is Gold Overheating
02:59 – Rotate Into Tech and Crypto
04:21 – Mining M&A Still in Early Days
05:35 – Inflation, Rates, and Oil Shock
07:02 – Is Canada Open for Business?
09:11 – Energy Security Wake Up Call
12:07 – Bureaucracy vs Competitiveness
14:16 – Bretton Woods 2.0 Framework
18:44 – Gold Revaluation and US Reserves
21:40 – Bitcoin vs Gold Outlook

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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.

Kitco News Anchor Jeremy Szafron sits down with Daniel Oliver, founder of Myrmikan Capital, to analyze the shifting mechanics of the global gold market and the approaching private credit cycle. Oliver argues that the smooth accumulation phase of the gold bull market is officially over. He details how the market is now entering a volatile second phase driven by stress spreading throughout the U.S. credit system.

During the interview, Oliver outlines the specific pressures facing the Federal Reserve. He highlights a $10 trillion maturity wall and explains the mathematical impossibility of the central bank shrinking its balance sheet while simultaneously attempting to lower interest rates. He further explains how the private equity industry's massive leverage is setting a trap for policymakers, noting that printing money cannot solve underlying insolvency in sectors like commercial real estate.

The conversation also uncovers a hidden squeeze in the physical market. Oliver reveals how nervous banks are tightening margin requirements on smelters. This action forces these entities to shrink their processing pipelines, which directly restricts the physical gold supply entering the broader market and exacerbates price volatility.

Finally, Oliver unpacks the historical relationship between central bank balance sheets and gold reserves. By applying 19th-century banking standards to the modern financial system, he lays out the exact math that points to significantly higher gold valuations.

"Gold has to go to a price that rebalances the Fed's balance sheet, and $8,000 currently gets you to about a third, $12,000 gets you around a half," states Oliver.

Interview recorded on February 25, 2026.

00:00 Gold and Silver Update
01:15 Dollar Weaponization Shift
02:26 Stocks Priced in Gold
04:24 Real Time Inflation Pricing
06:59 Gold vs Silver Cycles
08:34 Why Silver Is Surging
11:31 Three Phase Gold Bull
14:58 Private Credit Bubble Risks
17:31 Liquidity and ETF Fragility
21:03 Fed Trapped on Rates
24:23 Debt Spiral and Politics
26:58 Unsustainable US Debt Math
28:29 Crash vs Slow Repression
28:44 Why Crashes Matter
30:00 Gold Supply Squeeze
33:38 Volatility and Leverage
35:16 Why Miners Lag Gold
38:59 What Sparks a Mania
44:21 Gold Versus Fed Balance
50:09 Digital Money Control Risks
52:50 Gold as Lifeboat
55:18 Closing Thoughts

#Gold #Silver #FederalReserve #DanielOliver #KitcoNews #Economy #Investing #Macroeconomics
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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.