Kitco NEWS

Gold just had its worst quarter since 2013 while stocks had their best since 2020, so where does a $3.5 billion money manager invest now? Jeff Sarti of Morton Wealth on what to do after the gold pullback, the new Fed chair, and the AI trade.

Jeff Sarti, chief executive of Morton Wealth, joins Kitco News anchor Jeremy Szafron for his first appearance on the channel. He explains why he's underweight stocks near "1999 dot-com" levels, why he calls passive investing a "mindless, price-agnostic" force driving the market, why the gold community shouldn't write off new Fed chair Kevin Warsh, why "nobody in the West owning gold" is the most bullish thing about it, how much gold he actually holds, the one signal he's watching (the bond market), where he'd deploy new capital today, and the single biggest mistake he says investors are making right now. A behavior-and-allocation conversation, not a price forecast, you decide what fits how you invest.

Recorded June 30, 2026.


00:00 The Divergence No One Can Explain 
01:00 Why He's Underweight Stocks Near 1999 Levels 
03:00 The "Mindless" Force Driving the Market 
04:30 Is This an AI Bubble, or Just Euphoria 
06:30 Stocks at Highs, Confidence at Lows 
08:00 The Yen, the Carry Trade, and Japan's Warning 
10:00 Is the New Fed Chair "Volcker 2.0" 
13:30 Why Higher Rates "Probably Won't Work" 
15:00 Why Nobody Owning Gold Is Bullish 
16:00 Why Gold Really Corrected 
19:00 How Much Gold Should You Actually Own 
21:00 The One Signal He's Watching 
22:30 Two Investors, One Answer 
26:00 Where He'd Put $10 Million Today 
28:00 The Private Credit Red Flag 
31:30 The Biggest Mistake Investors Are Making

#gold #goldprice #investing

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Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.  

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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.

Technical trader Chris Vermeulen sold gold above $5,000 and silver near $111, and right now he's sitting in cash, waiting for one specific price to buy gold back. With gold breaking below $4,000 for the first time since November, he tells Kitco News anchor Jeremy Szafron exactly where he thinks this selloff ends, and where the next big move begins.

Vermeulen, chief market strategist at The Technical Traders, breaks down the chart of gold and the level he's watching ($3,600), why he thinks the long-term target is still $8,000 to $8,600, why the violent swings aren't algorithms or manipulation but plain emotion, his read on silver, the surging US dollar and the yen at a four-decade low, why he's fully in cash on stocks, and the single biggest mistake he sees investors making in a selloff. A different, more cautious take than most of what you hear, you decide which side fits how you invest.

Recorded June 29 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) 
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) 
Follow The Technical Traders on X: @TheTechTraders (https://twitter.com/TheTechTraders)

CHAPTERS 
00:00 He Sold Gold and Is Waiting to Buy Back 
01:00 Is $4,000 Holding, and the Downside 
04:30 Are the Swings Algos or Emotion? 
06:50 The April Calls and the Discipline 
09:40 Silver, and Where It Bottoms 
13:00 The Dollar, the Yen, and a Fragile World 
16:00 Is the Stock Market Next? 
19:00 What He's Buying Now 
23:00 The Biggest Mistake in a Selloff 
24:40 Summer Seasonality and the Warning Sign

#gold #goldprice #silver
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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 slipped below $4,000 this week for the first time since November, the AI trade came roaring back, and a major bank pulled its gold target. So what happens next? In the debut of This Week In Focus, Kitco News anchor Jeremy Szafron breaks down the week with four of the sharpest voices in markets, an economist, a former Fed insider, a financier, and a fund manager, and what they make of the selloff.

You will hear former Fed insider Danielle Di Martino Booth on the new Warsh Fed and the private-credit risk she says is already building, fund manager Lawrence Lepard on why he thinks the gold and silver bull is only in the "third inning," financier Frank Giustra on the dollar, de-dollarization, and central bank buying, and economist David Rosenberg, who called the 2008 housing crash, on why he thinks the bull is still alive and his warning to the AI crowd. Plus the story the Western headlines missed: while the West sold, China's banks made it easier for savers to buy the dip.

This is our very first episode. If you want This Week In Focus every Friday, tell us in the comments what to keep and who you want to hear from.

Recorded June 25, 2026.

CHAPTERS
00:00 The Week Gold Broke $4,000
00:40 The Tape This Week
01:50 The Fed's New Risk
03:20 The Debt Trap
04:50 The Dollar Question
07:00 China Buys the Dip
08:00 Is the Bull Done?
09:50 The Takeaway

Watch the full interviews:
Danielle Di Martino Booth: (https://youtu.be/0MC95IwhKVk)
Lawrence Lepard: (https://youtu.be/GRsXpcuqIc4)
Frank Giustra: (https://youtu.be/bNuljOP4Ric)
David Rosenberg: (https://youtu.be/ua9V2eOvWkU)

Are you buying this gold pullback, or waiting it out? Tell us in the comments.

#gold #goldprice #markets
__________________________________________________________________

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Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.  

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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 gold's drop below $4,000 rhymes with 1975, when the metal crashed 50% and then rose 8x, and the investors who panic-sold at the bottom missed the entire move. So is this gold selloff the buying opportunity of the decade, or a warning that more pain is coming?

Legendary resource investor Rick Rule, founder of Rule Investment Media, joins Kitco News anchor Jeremy Szafron to break down the gold selloff after the price cracked $4,000 for the first time since November and Bank of America pulled its $6,000 gold target. Rule explains why he's pessimistic on gold in the very near term yet still buying, why he expects the political class to cave on interest rates and return to quantitative easing before year-end, and why he believes the US dollar could lose 75% of its purchasing power this decade, just as it did in the 1970s.

The conversation goes deep on the mining side too: why gold miners are being priced as if gold were only $3,354 an ounce, a 19% discount to spot, why Rule says the safest, best risk-adjusted way to own gold isn't a miner at all but the royalty and streaming companies, the $250 billion copper-streaming wave he sees coming, the one producer he'd own (Agnico Eagle), what he sold and what he's buying now, the real silver setup beyond the solar headlines, the coming mining takeover wave, where in the world he will and won't own a mine, and why copper could run to $10-12.

Recorded June 25, 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Rick Rule on X: @RealRickRule (https://x.com/RealRickRule)

Rick Rule will be hosting the 2026 Rule Symposium on Natural Resource Investing, July 6-10 in Boca Raton, and Kitco will be there on the ground. The in-person event is sold out, but you can join the livestream and access the replays through the year here: (https://cvent.me/XOqdLa?via=Kitco-News)

CHAPTERS
00:00 Gold Breaks $4,000
01:17 Rates vs Gold
03:55 The 1975 Lesson
08:46 What Breaks First
14:22 The Crash, Then QE
18:31 The Miner Discount
19:52 Royalty & Streaming
27:05 Rick's Portfolio
28:47 The Boca Symposium
32:03 The Silver Setup
39:40 The Takeover Wave
44:50 Where to Own a Mine
48:18 Copper's Warning
50:16 Takeaways

#gold #goldprice #rickrule
__________________________________________________________________

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🎧 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
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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.

David Rosenberg says the gold selloff is not the end of the bull market, it is another buying opportunity, and the central banks driving it are only about halfway through their shift out of the dollar and into gold. So is the gold bull market over, or just getting started?

David Rosenberg, president of Rosenberg Research and the economist who called the 2008 housing crash, joins Kitco News senior anchor Jeremy Szafron to explain why this is the 12th correction in gold since 1999 and not the end of the bull, why China kept buying the dip while Western leverage was forced to sell, and why he is still bullish on gold and the miners on a three to five year view.

The conversation goes well beyond gold. Rosenberg lays out why the entire US economy is now leaning on the S&P 500 and the equity wealth effect, the consumer recession already hiding in the income data, the AI bubble he says is in investor behavior rather than the technology, the circular financing showing up across the AI build out, his read on the Warsh Fed transition and why he still thinks the next move is a cut, inflation versus disinflation after the Iran truce, the state of the Canadian economy and its household debt problem, and where he is actually putting money now, from cash and bonds to bullion, miners, and a surprising bet on beaten down homebuilders.

Recorded June 22 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) 
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) 
Follow David Rosenberg on X: @EconguyRosie (https://twitter.com/EconguyRosie) 

CHAPTERS 
00:00 Is the Gold Bull Over After This Selloff
02:00 What Caused the Correction: Margin Calls and Weak Hands
03:00 12 Corrections Since 1999, and the Greenspan Connection
04:00 Central Banks Are Only Halfway Through the Shift
05:00 China Bought the Dip: Paper Hands to Strong Hands
07:00 Why Gold Is Holding Despite a Strong Dollar and Higher Rates
10:00 Everything Rests on the S&P 500
11:30 The Consumer Recession Hiding in the Income Data
13:30 Greenspan, the Greenspan Put, and Today's Market
17:00 The AI Bubble and Circular Financing
23:00 Inflation, Disinflation, and the Iran Truce
30:00 The Warsh Fed Transition
37:00 Canada's Household Debt Problem
49:00 A Market Priced With No Risk
50:00 Why the Perma-Bear Is Buying Homebuilders
52:00 The Playbook: Cash, Duration, Bullion, Miners
54:00 Every New Fed Chair Faces a Crisis in Year One
56:30 What Would Make Rosenberg Turn Bearish on Gold

#gold #goldprice #davidrosenberg
__________________________________________________________________

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🎧 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.

Cory Klippsten says Bitcoin's Wall Street era ran straight into a gold-sized reality check: the ETFs and institutions arrived, and it still trades like a high-beta tech stock, down about 30% year to date and roughly 52% off its high, while gold held up far better. So did Wall Street adoption change Bitcoin, or did it just attach it to the same risk cycle?

Swan Bitcoin CEO Cory Klippsten joins Kitco News anchor Jeremy Szafron for a straight conversation in front of a gold audience: why a man from a gold family still owns Bitcoin, why he says crypto's stablecoin era actually made the US dollar stronger, and why the fastest-moving story right now is the push to pull every asset, payment and ID inside a permissioned system, from digital identity to AI age-gating, arriving faster than he expected. Plus the common ground gold and Bitcoin owners share: holding the real thing, outside the system.

Recorded June 24 2026

00:00 A gold family, and he still owns Bitcoin
01:00 The honest scoreboard, and what to tell someone sitting on a loss
03:30 Don't be a trader, buy what you understand
04:00 Why Bitcoin sells off with AI and high-beta tech
04:30 ETFs: the cart before the horse, and paper hands
06:00 Exposure is not ownership: the sovereignty multiple
08:30 The casino, and why the Bitcoin-vs-crypto war is over
13:00 Is the four-year cycle just a meme now?
14:00 52% off the high, and the dampening of Bitcoin's swings
15:30 Risk-on for those who don't understand it, risk-off for those who do
16:00 Bessent on dollar dominance, and did crypto make the dollar stronger?
19:00 Why the "dollar decline" story may already be over
21:00 The permissioned system: digital ID, the UK bill, AI age-gating
24:00 "It's 1984, brave new world"
24:30 Why it's arriving faster than expected
27:00 Inside the system vs outside the system, and self-custody
29:30 Moving from ETF exposure to real on-chain Bitcoin
33:00 Three stores of value: Treasuries, gold, and Bitcoin
35:00 How a curious gold investor should actually start
38:00 Two horses in the race against fiat collapse

#gold #bitcoin #dollar
__________________________________________________________________

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🎧 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.

Kevin Warsh just concluded his first meeting as Fed Chair, and while the vote was unanimous, the underlying data points to severe economic stress. Bankruptcies are up 38.4% year-over-year, margin debt has hit a record $1.42 trillion, and the Fed is officially forecasting that inflation will stay stuck at current levels.

Kitco News Senior Anchor Jeremy Szafron sits down with Fed insider and QI Research CEO Danielle DiMartino Booth to break down why the Fed's refusal to signal rate cuts is accelerating a debt crisis. DiMartino Booth exposes the real labor market numbers, warns of a looming private credit blowup, and explains why the immediate $150 drop in gold might actually be a textbook buying opportunity for investors seeking cover.

Recorded June 17 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) 
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) 
Follow Danielle DiMartino Booth on X: @DiMartinoBooth (https://twitter.com/DiMartinoBooth)

Interview Timestamps:

00:00 Warsh Shocks Markets
01:06 Fed Insider Joins
01:40 Unanimous Vote Deep Divide
03:26 Debt Risks And Yield Curve
05:46 Less Guidance More Credible
07:42 Gold Whipsaw Explained
09:47 Private Credit Stress Points
11:12 Task Forces And Outsiders
13:00 Host Recap New Fed Era
13:55 What Changes Next
14:50 Bottom Line And Sign Off

#Gold #FederalReserve #Economy #Markets #PrivateCredit #Finance 

__________________________________________________________________

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🎧 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.

Legendary precious metals investor Lawrence Lepard says this gold selloff is a pause, not the peak. With gold off its highs and the mainstream calling the run finished, he explains why he is still buying and why he believes the real move is still ahead. Is the gold bull market over, or is this the dip before the next leg higher?

Gold ran to a record 5,589 dollars and silver cleared 121 dollars before both pulled back hard, and this week new Fed Chair Kevin Warsh delivered a hawkish hold that surprised the market. Larry Lepard, founder of Equity Management Associates and author of The Big Print, sits down with Kitco News anchor Jeremy Szafron to explain why the correction does not worry him, why he believes the real move is still ahead, and what the average saver should actually do right now.

Jeremy and Larry get into the debt doom loop and the 1.3 trillion dollars a year the US now spends just on interest, the 9 trillion in debt that has to be refinanced, why Lepard expects yield curve control and the big print, the strong dollar and positive real rates working against gold today, silver's run to 121 and the supply deficit underneath it, why he sees the best value in the silver miners, the honest case for and against bitcoin as digital gold, and his view that there is a better world on the other side of this through a return to sound money.

Recorded June 18 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) 
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow Lawrence Lepard on X: @LawrenceLepard (https://x.com/LawrenceLepard)

CHAPTERS
00:00 Gold's Record Run And The Selloff
01:00 Why Lepard Is Not Worried About The Correction
04:00 The Debt Doom Loop And 1.3 Trillion In Interest
08:00 Kevin Warsh And The Hawkish Fed Surprise
10:00 The Big Print And Why Yield Curve Control Is Coming
12:00 I Blew The Call: Lepard On Getting The Fed Wrong
15:00 The Strong Dollar And Real Rates Problem For Gold
18:00 Why A Rate Cut Could Come Before The Midterms
21:00 Gold And Silver Are Still Early In This Bull Market
22:00 Silver's Run To 121 And The Supply Deficit
25:00 Why Silver Miners Are The Real Opportunity
36:00 The Bitcoin Question: Digital Gold Or Hype
44:00 What The Average Saver Should Do Right Now
48:00 The Hope Note: A Return To Sound Money
52:00 Final Thoughts And Greenspan's Lesson

#gold #silver #LawrenceLepard
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

Disclaimer:  
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

Mining financier Frank Giustra says the gold selloff is being completely misread. The smart money, the central banks, never sold. It was the speculators and the loose hands bleeding out, while the structural buyers that drove this bull market never flinched. So is the gold bull market over, or is this the pause before the next leg?

Frank Giustra, founder and CEO of the Fiore Group, joins Kitco News anchor Jeremy Szafron for a wide ranging conversation on gold, the dollar, copper, and the slow rebuilding of the global monetary system. Giustra has founded and financed gold and copper companies for 45 years and has held physical gold since 2001 without selling an ounce.

In this interview: why this is not a normal gold market, the de-dollarization trade that began when the US froze Russia's reserves, the new regime in which gold rose alongside a strong dollar and positive real rates, why central banks are price inelastic buyers, what the Gulf states are and are not selling, the US debt trap and Ferguson's Law, the risk of a dollar crisis, how China's mBridge system and new gold vaults could let trade settle in gold outside the dollar, whether new Fed Chair Kevin Warsh will hold the hawkish line or fold, the structural copper supply deficit, and what Giustra says the average person should actually do to protect their savings.

Recorded June 19 2026

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://twitter.com/Frank_Giustra)

CHAPTERS 
00:00 The Dollar Admission That Set This Up 
01:40 Why This Is Not A Normal Gold Market 
03:00 De-Dollarization And Why It Keeps Going 
05:00 The New Regime: Gold Broke Its Old Rules 
07:00 Why Central Banks Do Not Care About The Price
08:00 Foreign Central Banks And Gold Versus Dollars 
09:00 Is The Gulf Selling Gold? Russia, Turkey, Azerbaijan 
10:00 The Debt Trap And Ferguson's Law 
13:00 Could There Be A Run On The Dollar 
14:00 mBridge: China's Gold Settlement System 
17:00 Will Fed Chair Warsh Hold Or Fold 
19:00 The Copper Supply Deficit 
22:00 Freedom Copper And The White House 
36:00 Jurisdiction Risk: Bargain Or Value Trap 
40:00 What The Average Saver Should Do Now 
44:00 The Dinosaur's Final Word

#gold #goldprice #frankgiustra
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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.

Former Wall Street FX Chief David Woo breaks down the real financial impact of the US-Iran deal, why the AI bubble is the market's biggest threat, and how it all sets up the next major rotation into gold.

Jeremy Szafron, Senior Anchor at Kitco News, sits down with David Woo to cut through the mainstream relief rally. Woo explains why the recent Middle East peace deal is a strategic blow to dollar dominance, how government regulation and Chinese commoditization (DeepSeek) are creating cracks in the "House of AI," and why incoming Fed Chair Kevin Warsh will be forced to sound incredibly hawkish. Plus, a deep dive into the thesis behind his new novel, the reality of SpaceX's valuation, and why he believes the next institutional capital rotation will heavily favor safe havens.

Recorded June 15 2026

Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)
Follow David Woo on X: @Davidwoounbound (https://x.com/Davidwoounbound)

CHAPTERS:
0:00 The Book Paul Tudor Jones Recommends
0:31 Meet Former Wall Street FX Chief David Woo
1:08 The US-Iran Deal: A Complete Capitulation
3:33 What The Market Is Missing About Oil
5:15 Why Gold Is The Ultimate Dollar Hedge
6:39 The US Defense Debt Spiral
8:30 Is The US Dollar Propped Up By Tech?
9:53 The First Crack In The AI Bubble
14:12 How China Will Commoditize AI
17:10 The Global Tech Battleground
20:23 The Truth About Globalization
22:46 Wall Street: Better Lucky Than Right?
26:52 The Economic Root Of Political Populism
29:24 The Voters Wall Street Forgot
29:43 The Next Massive Economic Blind Spot
30:29 The Danger Of Recursive AI Learning
32:20 Why Tech Companies Can't Monetize AI
33:43 The Catalyst That Will Pop The Bubble
35:21 The Reality Of SpaceX's Valuation
37:33 Kevin Warsh And The Federal Reserve
40:59 How The AI Wealth Effect Drives Inflation
43:04 Real Yields: What Gold Is Actually Fighting
45:23 Oil Prices And The Bond Market Lag
47:12 The 'Very Bullish' Setup For Gold
49:55 Why Central Banks Buy Gold, Not Silver
51:48 Geopolitics Has Replaced Economics
53:47 How To Survive The Next Market Cycle

#DavidWoo #KitcoNews #Gold #USInvestments #AIBubble #USIranDeal #FederalReserve #Macroeconomics 
__________________________________________________________________

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Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.  

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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.