Shows
Kitco NEWSThe Gold Chart Says $3,600 First, $8,600 Next | Chris VermeulenTechnical 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...
2026-07-0328 min
Kitco NEWSThe Gold Selloff, and What the Experts Say Comes Next | This Week In FocusGold 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...
2026-06-3011 min
Kitco MININGKootenay Silver’s La Cigarra Project Enters a New Growth Phase | Jim McDonaldKootenay Silver (TSXV: KTN; OTCQX: KOOYF) President and CEO Jim McDonald joins Kitco Mining’s Kitco Spotlight with Jeremy Szafron to discuss the company’s June 15, 2026 preliminary economic assessment for its 100%-owned La Cigarra silver project in Chihuahua, Mexico.The study outlines a 14-year open-pit project with a $763 million after-tax NPV, 41% after-tax IRR, $332 million in initial capital, and a 1.9-year payback. McDonald said the PEA marks a major shift for Kootenay, stating that it is “transitioning us from explorer into a developer.”McDonald also discusses the potential upside at spot silver prices, where La Cigarra’s after-ta...
2026-06-2921 min
Kitco NEWSGold Gets Sold First When Markets Crash, And Then This Happens | Rick RuleRick 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...
2026-06-2953 min
Kitco NEWSBitcoin's Wall Street Era Hits a Gold-Sized Reality Check | Cory KlippstenCory 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...
2026-06-2642 min
Kitco NEWSThe New Fed Chair Just Tore Up The Playbook On Day One | DiMartino BoothKevin 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...
2026-06-2319 min
Kitco NEWSGold Tests $4,000: The ‘60% To 70% Probability’ Of A Bottom | Gary WagnerGold futures tested the key $4,000 psychological level this week under intense selling pressure before catching a late Friday bid. Gary Wagner joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the technical damage and explain why he sees a "60% to 70% probability" that gold has established a firm technical floor.Wagner outlines the critical resistance levels gold must break to save its broader bullish trend, noting that a return to record highs will be a "hard climb back up." The analysis also covers silver's resilience as it reclaims its 200-day moving average, outperforming gold during the...
2026-06-1630 min
Kitco NEWSWhy Gold, Silver and Tech Are Crashing Together: Bubba Horwitz Calls It a ‘100% Margin Call’Tech, gold, and silver are plummeting together today in what 40-year veteran floor trader Todd 'Bubba' Horwitz calls a "100% margin call." In this interview with Kitco News, Bubba breaks down why the simultaneous liquidation across safe havens and risk assets is a warning sign of a system-wide flush. He explains why the massive $2.3B insider liquidation at AI giant CoreWeave is a distraction from the real structural rot in the economy, warning that true unemployment is already sitting at 8.5%. While Bubba forecasts an eventual 40% to 60% market crash, he explains his exact options strategy for staying long the market, the...
2026-06-1036 min
Kitco NEWSWhy This Gold Selloff Is Not What It Looks Like | StöferleGold prices are facing a major live test as the market digests hot jobs data, rising yields, and a sudden U-turn in Federal Reserve rate hike expectations. But is this current selloff a sign that the gold bull market is over, or simply a "base camp" pause before the next leg higher?Jeremy Szafron, Senior Anchor at Kitco News, sits down with Ronald-Peter Stöferle, Managing Partner at Incrementum AG and co-author of the 20th anniversary In Gold We Trust report. Stöferle breaks down why Western investors are panic-selling, how the $140 trillion bond market is rotating in...
2026-06-1052 min
Kitco NEWSSilver Selloff Tests $500 Target: Why Shorts Had "Better Cover" | Michael OliverIs the recent 7% drop in silver a warning sign, or the final shakeout before a massive repricing? Kitco News Senior Anchor Jeremy Szafron sits down with Michael Oliver, founder of Momentum Structural Analysis, to break down why his $300 to $500 silver target remains intact despite hot U.S. jobs data and a shift in Fed rate expectations. Oliver unpacks his long-term momentum charts, detailing how silver was "caught in a box" for 50 years and why it is now poised to enter a new price reality. He also warns of a brewing government bond crisis, a potential landmine for the S...
2026-06-0955 min
Kitco NEWSGold Strategy: Why You Must Store Metals Outside The Banking System | Marc FaberGold is holding support near $4,500 an ounce following a 30-day pullback, but Dr. Marc Faber says investors focusing on day-to-day volatility are missing the larger structural shift. In this interview with Kitco News Senior Anchor Jeremy Szafron, the publisher of the Gloom, Boom & Doom Report explains his 50-year strategy for holding physical gold, why he hopes prices fall further to accumulate more, and his warnings about the tightening liquidity squeeze in private credit and broader markets.Faber also breaks down central bank gold accumulation, his assessment of the AI technology capital spending boom, and why storing precious...
2026-06-0558 min
Kitco MININGGold Weakness Is a Buying Opportunity | Rick RuleRick Rule, President and CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to discuss gold’s pullback below $4,500, U.S. interest rates, critical minerals funding, and the next wave of mining deals.Rule says the gold weakness is “heaven-sent” for long-term buyers and says political pressure on the Fed could eventually drive rates lower, creating a more supportive setup for gold.In this interview, Rule also discusses:• Why major miners may need acquisitions to replace production• Development-stage assets as a potential M&A “sweet spot”• U.S. Ex-Im financi...
2026-06-0539 min
Kitco NEWSCopper Becomes A National Security Risk: AI Demand vs. Defense Supply Chains | Phil EhrRetired US Navy Commander Phil Ehr joins Kitco News to break down why the global copper market is rapidly transitioning from a basic industrial story into a critical national security risk.Commander Ehr details how maritime chokepoints, specifically the Strait of Hormuz, are threatening the sulfuric acid supply chains required for copper refining. He unpacks the looming 2027 Pentagon procurement deadlines restricting materials from adversarial nations and warns that the defense sector will likely take priority over the consumer grid and AI data centers as critical mineral supplies tighten."Copper is the glue that holds it...
2026-06-0426 min
Kitco NEWSThe Hidden Cost of AI That’s Fueling the Next Inflation Shock | Tavi CostaIs the "Build Phase" of the AI revolution creating a structural inflation shock the market is ignoring? Tavi Costa, Founder and CEO of Azuria Capital, joins Senior Anchor Jeremy Szafron to map out the collision between massive global debt, shrinking physical metal supplies, and the scramble for strategic resources.They break down why the math behind central bank reserves is shifting, with gold surpassing U.S. Treasuries as a primary reserve asset. Tavi argues this isn't just a political statement, but a calculated response to a Treasury market increasingly behaving like an emerging market. The discussion moves...
2026-06-0450 min
Kitco NEWSThe Real Reason Gold Dropped: It Is Becoming The World's 'Neutral Asset' - Peter BoockvarThe S&P 500 just hit all-time highs while inflation runs at 3.8% and real incomes fall for the third consecutive month. At the same time, gold has pulled back 12% despite ongoing geopolitical turmoil, and global bond yields are hitting multi-decade highs. Kitco News Senior Anchor Jeremy Szafron sits down with Peter Boockvar, CIO of OnePoint BFG Wealth Partners and author of The Boock Report, to decode the market's most glaring contradictions.Boockvar breaks down the reality of this morning's PCE inflation print and explains why the long end of the bond market has officially seized control of monetary...
2026-05-2842 min
Kitco NEWS“Hawks Are Extinct”: Peter Schiff Warns Fed Can’t Stop the Debt CrisisWall Street is pushing toward record highs, but the bond market is flashing a severe warning. Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Asset Management, joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the massive disconnect between equities and the 30-year Treasury.Following the swearing-in of new Federal Reserve Chair Kevin Warsh and recent warnings from Bill Dudley, Schiff argues that "hawks are extinct" at the central bank and the 2% inflation target is now a pipe dream. Schiff details his timeline for a sovereign debt crisis, warning that the U.S...
2026-05-2850 min
Kitco NEWSWarsh Nomination Was the Biggest ‘Hit Job’ on Precious Metals | Mark ThorntonThe American consumer is flashing historic warning signs, yet Wall Street is celebrating record corporate earnings. How are both true at the same time? Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist, joins Kitco News anchor Jeremy Szafron to break down the mechanics of the "Two Economies."Dr. Thornton uncovers the truth behind the historic S&P 500 valuations, warning that the market hasn't been this overvalued in 150 years. He also takes aim at the Federal Reserve, calling the Kevin Warsh nomination the "biggest hit job" on the precious metals market, and explains why...
2026-05-2857 min
Kitco NEWSSilver Is Leaving America as China Buys at a 20-Year High | Josh PhairSpot gold and silver are sliding to two-month lows as paper markets react to a potential U.S.-Iran interim peace draft, even as President Trump calls the Iranian reports a "complete fabrication". But behind the futures screens, the physical market is undergoing a massive structural overhaul. Kitco News Senior Anchor Jeremy Szafron sits down with Josh Phair, CEO of Scottsdale Mint and the Wyoming Reserve, for an exclusive ground-level update.Phair breaks down the reality of physical supply, revealing why silver is actively leaving the United States for overseas markets and why LBMA good delivery premiums...
2026-05-2844 min
Kitco NEWSThe 80% Deflationary Crash: How The Next Wipeout Triggers 25% Inflation | David HunterIs the final parabolic melt-up finally here? David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, joins Jeremy Szafron to break down the mechanics of the market's "final blow-off" and the 80% deflationary bust he predicts will follow.As the S&P 500 pushes into record territory, Hunter explains why he believes we could see the market top as early as Labor Day. In this deep dive, we examine the hidden leverage in private equity, the potential for a $20 trillion Fed bailout, and why incoming Fed Chair Kevin Warsh is facing an "inflation bind" created by the AI infrastructure...
2026-05-2158 min
Kitco NEWSWhy Gold Needs a $500 Drop to Flush Out "Momentum" Buyers | Ted OakleyThe 30-year U.S. Treasury yield is testing 5.18%, fundamentally shifting the math for equities, credit, and the traditional 60/40 portfolio. While Wall Street continues to buy the AI tech dream, Oxbow Advisors Founder and Managing Partner Ted Oakley warns of a severe disconnect between the stock market and the real economy.In this Kitco News exclusive, Oakley breaks down the risks of late-cycle complacency and explains why the passive bid keeping the S&P 500 afloat will eventually dry up. Oakley details the physical energy reality behind the $725 billion AI buildout, sharing exactly why institutions will soon be forced...
2026-05-2042 min
Kitco MININGFortuna’s Growth Plan: More Mines, More Cash Flow | Jorge GanozaFortuna Mining (NYSE: FSM; TSX: FVI) President and CEO Jorge Ganoza joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss the company’s Q1 2026 results, released in early May, and how Fortuna is using record free cash flow to fund its next phase of growth without issuing shares.Fortuna reported $120 million in net earnings and $174 million in free cash flow in Q1 2026 on production of about 72,000 gold equivalent ounces. Ganoza said the company is “truly capturing the benefit of this high-price environment” as it advances a 60% gold production growth plan over the next 24 months, driven by the Ségu...
2026-05-1925 min
Kitco NEWSThe 2-Year Market Bubble Has Begun: AI, Money Printing and Inflation | Clem ChambersIs the stock market entering a massive bubble? Clem Chambers, CEO of Online Blockchain plc, joins Kitco News anchor Jeremy Szafron to break down why the AI infrastructure build-out and U.S. deficit spending are fueling a 2-year market bubble. Chambers also analyzes President Trump's high-stakes visit to China and Xi Jinping's warning over Taiwan, explaining why physical gold acts as the ultimate "thermostat" for global geopolitical risk.Moving beyond the semiconductor hype, Chambers outlines the hidden "choke point" in the AI revolution: a severe lack of electricity and grid capacity. He details why the real investment...
2026-05-1537 min
Kitco NEWSThe Hormuz Illusion: Why Hal Kempfer Predicts an 'Abundance of Oil'While markets focus on the trade negotiations between President Trump and Xi Jinping in Beijing, the reality of a global industrial war footing is being ignored. Hal Kempfer, retired Marine Intelligence Officer and CEO of Global Risk Intelligence and Planning, joins Jeremy Szafron, Senior Anchor at Kitco News, to expose the massive disconnect between geopolitical reality and market complacency.Kempfer breaks down China's $189 billion missile supply chain surge, comparing Beijing's current resource desperation to Japan in the 1930s. He also unpacks the hidden $29 billion cost of the Iran war, the dangerous drain on U.S. munition stockpiles...
2026-05-1446 min
Kitco NEWSHas The Fed Lost Control: Matthew Piepenburg on 5% Yields and the Debt TrapIs the latest 3.8% CPI print just another energy-driven inflation scare, or is the $40 trillion U.S. debt trap finally springing? Matthew Piepenburg, Partner at Von Greyerz, joins Jeremy Szafron, Senior Anchor at Kitco News, to break down the massive disconnect between Main Street reality and Wall Street fantasy.As 30-year U.S. Treasury yields hover near 5% and real wages fall, Piepenburg explains why the bond market has taken control away from the Federal Reserve. They discuss the immediate spot price disconnect in precious metals, why physical gold is migrating East, and the "invisible tax" of inflation that...
2026-05-1358 min
Kitco NEWS“I Could Not Be More Bullish”: Pierre Lassonde’s $17,250 Gold TargetWith gold holding firmly above $4,700 an ounce and silver breaking into the $80 to $85 range, Pierre Lassonde returns to Kitco News to explain the architecture of the new bull market. The Canadian Mining Hall of Fame inductee and resource sector pioneer breaks down his $17,250 gold target, highlighting the striking parallels between the late 1970s and today’s macroeconomic environment.Lassonde details how $40 trillion in U.S. debt and persistent deficits are forcing a fundamental shift in the global financial architecture. He explains why central banks are relentlessly diversifying away from the U.S. dollar, driving physical price discovery to...
2026-05-1256 min