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Kitco NEWS
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Kitco MINING
Blackrock Silver’s Plan to Build a High-Grade Nevada Silver Mine | Andrew Pollard
Silver has been cut in half from its highs, but Blackrock Silver CEO Andrew Pollard says the long-term thesis has not changed. Pollard joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss silver’s correction, structural deficits, and why high-grade projects can stand out in volatile markets. “High-grade stories are all-weather,” Pollard said.The focus is Blackrock Silver’s 100%-owned Tonopah West silver-gold project in Nevada’s Walker Lane. The company’s March 2026 PEA outlined average annual production of 7.1 million ounces silver equivalent over more than 11 years, with all-in sustaining costs of $7.44 per ounce and initial capita...
2026-07-09
33 min
Kitco MINING
Silvercorp’s $60 Silver Play: China Cash Flow, Global Growth | Lon Shaver
Silvercorp Metals (TSX: SVM; NYSE American: SVM) President Lon Shaver joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss silver’s volatile run, the company’s low-cost China operations, and its plan to grow across Ecuador and Kyrgyzstan.Shaver said silver’s pullback should be viewed against the scale of the move that came before it, with the metal still trading near $60 per ounce after roughly doubling from early 2025 levels. “This is a great time to be a silver producer at $60 silver,” he said.Silvercorp produced 6.8 million ounces of silver and 7.5 million ounces of silver eq...
2026-07-09
28 min
Kitco MINING
Mackay Gold & Silver Targets Nevada’s Famous Comstock District | Darwin Green
Mackay Gold & Silver (TSXV: MACK; OTCQB: MKGSF) CEO and Director Darwin Green joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss Mackay’s recent IPO, its $60 million financing, and its first major drill program in Nevada’s historic Comstock District.Mackay is targeting the Occidental-Brunswick Lode, a 3-mile structure running parallel to the historic Comstock Lode. Green said fragmented ownership left the district underexplored for more than a century, creating an opportunity to apply modern drilling to one of America’s most famous gold-silver camps.Green outlines Mackay’s 20,000-meter Phase 1 drill program, which bega...
2026-07-09
29 min
Kitco NEWS
Silver Is Selling Below Its Own Spot Price, and Dealers Say That's the Tell | Rich Checkan
Gold just had its worst quarter in over a decade, and the man who moves real physical metal across the counter says buyers did the exact opposite of what makes sense. When the metal went on sale, they walked away.Rich Checkan, President and COO of Asset Strategies International, has spent 30 years on the order counter, the buying, the selling, the panic that never shows up on a price chart. He joins Kitco News from the Rick Rule Symposium 2026 for a ground-level read on what retail actually did through the sell-off.Checkan argues that "gold...
2026-07-08
14 min
Kitco NEWS
The Real Reason Gold Turned This Week, and Who's Quietly Buying | This Week In Focus
Gold just closed its worst quarter in more than 13 years, then roared back above $4,100 as the new Fed chair signaled he may ease off. Is the gold selloff over, and is gold a buy now?This week in focus: what actually turned gold around, why the world's central banks never stopped buying, and what happens next, with Rick Rule, Jeff Sarti, and Chris Vermeulen. Plus, Kitco goes live from Rick Rule's Natural Resource Investing Symposium in Boca Raton on Monday.Anchor Jeremy Szafron breaks down the week: gold's worst quarter in 13 years and the sharp reversal...
2026-07-08
13 min
Kitco NEWS
Gold's Worst Quarter Since 2013, and Where the Smart Money Is Moving Now | Jeff Sarti
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 "...
2026-07-08
35 min
Kitco NEWS
The Gold Chart Says $3,600 First, $8,600 Next | Chris Vermeulen
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...
2026-07-03
28 min
Kitco NEWS
The Gold Selloff, and What the Experts Say Comes Next | This Week In Focus
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...
2026-06-30
11 min
Kitco MINING
Kootenay Silver’s La Cigarra Project Enters a New Growth Phase | Jim McDonald
Kootenay 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...
2026-06-29
21 min
Kitco NEWS
Gold Gets Sold First When Markets Crash, And Then This Happens | Rick Rule
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...
2026-06-29
53 min
Kitco NEWS
Bitcoin's Wall Street Era Hits a Gold-Sized Reality Check | Cory Klippsten
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...
2026-06-26
42 min
Kitco NEWS
The New Fed Chair Just Tore Up The Playbook On Day One | DiMartino Booth
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...
2026-06-23
19 min
Kitco NEWS
Gold Tests $4,000: The ‘60% To 70% Probability’ Of A Bottom | Gary Wagner
Gold futures tested the key $4,000 psychological level this week under intense selling pressure before catching a late Friday bid. Gary Wagner joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the technical damage and explain why he sees a "60% to 70% probability" that gold has established a firm technical floor.Wagner outlines the critical resistance levels gold must break to save its broader bullish trend, noting that a return to record highs will be a "hard climb back up." The analysis also covers silver's resilience as it reclaims its 200-day moving average, outperforming gold during the...
2026-06-16
30 min
Kitco NEWS
Why 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...
2026-06-10
36 min
Kitco NEWS
Why This Gold Selloff Is Not What It Looks Like | Stöferle
Gold prices are facing a major live test as the market digests hot jobs data, rising yields, and a sudden U-turn in Federal Reserve rate hike expectations. But is this current selloff a sign that the gold bull market is over, or simply a "base camp" pause before the next leg higher?Jeremy Szafron, Senior Anchor at Kitco News, sits down with Ronald-Peter Stöferle, Managing Partner at Incrementum AG and co-author of the 20th anniversary In Gold We Trust report. Stöferle breaks down why Western investors are panic-selling, how the $140 trillion bond market is rotating in...
2026-06-10
52 min
Kitco NEWS
Silver Selloff Tests $500 Target: Why Shorts Had "Better Cover" | Michael Oliver
Is the recent 7% drop in silver a warning sign, or the final shakeout before a massive repricing? Kitco News Senior Anchor Jeremy Szafron sits down with Michael Oliver, founder of Momentum Structural Analysis, to break down why his $300 to $500 silver target remains intact despite hot U.S. jobs data and a shift in Fed rate expectations. Oliver unpacks his long-term momentum charts, detailing how silver was "caught in a box" for 50 years and why it is now poised to enter a new price reality. He also warns of a brewing government bond crisis, a potential landmine for the S...
2026-06-09
55 min
Kitco NEWS
Gold Strategy: Why You Must Store Metals Outside The Banking System | Marc Faber
Gold is holding support near $4,500 an ounce following a 30-day pullback, but Dr. Marc Faber says investors focusing on day-to-day volatility are missing the larger structural shift. In this interview with Kitco News Senior Anchor Jeremy Szafron, the publisher of the Gloom, Boom & Doom Report explains his 50-year strategy for holding physical gold, why he hopes prices fall further to accumulate more, and his warnings about the tightening liquidity squeeze in private credit and broader markets.Faber also breaks down central bank gold accumulation, his assessment of the AI technology capital spending boom, and why storing precious...
2026-06-05
58 min
Kitco MINING
Gold Weakness Is a Buying Opportunity | Rick Rule
Rick 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...
2026-06-05
39 min
Kitco NEWS
Copper Becomes A National Security Risk: AI Demand vs. Defense Supply Chains | Phil Ehr
Retired US Navy Commander Phil Ehr joins Kitco News to break down why the global copper market is rapidly transitioning from a basic industrial story into a critical national security risk.Commander Ehr details how maritime chokepoints, specifically the Strait of Hormuz, are threatening the sulfuric acid supply chains required for copper refining. He unpacks the looming 2027 Pentagon procurement deadlines restricting materials from adversarial nations and warns that the defense sector will likely take priority over the consumer grid and AI data centers as critical mineral supplies tighten."Copper is the glue that holds it...
2026-06-04
26 min
Kitco NEWS
The Hidden Cost of AI That’s Fueling the Next Inflation Shock | Tavi Costa
Is the "Build Phase" of the AI revolution creating a structural inflation shock the market is ignoring? Tavi Costa, Founder and CEO of Azuria Capital, joins Senior Anchor Jeremy Szafron to map out the collision between massive global debt, shrinking physical metal supplies, and the scramble for strategic resources.They break down why the math behind central bank reserves is shifting, with gold surpassing U.S. Treasuries as a primary reserve asset. Tavi argues this isn't just a political statement, but a calculated response to a Treasury market increasingly behaving like an emerging market. The discussion moves...
2026-06-04
50 min
Kitco NEWS
The Real Reason Gold Dropped: It Is Becoming The World's 'Neutral Asset' - Peter Boockvar
The S&P 500 just hit all-time highs while inflation runs at 3.8% and real incomes fall for the third consecutive month. At the same time, gold has pulled back 12% despite ongoing geopolitical turmoil, and global bond yields are hitting multi-decade highs. Kitco News Senior Anchor Jeremy Szafron sits down with Peter Boockvar, CIO of OnePoint BFG Wealth Partners and author of The Boock Report, to decode the market's most glaring contradictions.Boockvar breaks down the reality of this morning's PCE inflation print and explains why the long end of the bond market has officially seized control of monetary...
2026-05-28
42 min
Kitco NEWS
“Hawks Are Extinct”: Peter Schiff Warns Fed Can’t Stop the Debt Crisis
Wall Street is pushing toward record highs, but the bond market is flashing a severe warning. Peter Schiff, CEO and Chief Global Strategist of Euro Pacific Asset Management, joins Jeremy Szafron, Senior Anchor of Kitco News, to break down the massive disconnect between equities and the 30-year Treasury.Following the swearing-in of new Federal Reserve Chair Kevin Warsh and recent warnings from Bill Dudley, Schiff argues that "hawks are extinct" at the central bank and the 2% inflation target is now a pipe dream. Schiff details his timeline for a sovereign debt crisis, warning that the U.S...
2026-05-28
50 min
Kitco NEWS
Warsh Nomination Was the Biggest ‘Hit Job’ on Precious Metals | Mark Thornton
The American consumer is flashing historic warning signs, yet Wall Street is celebrating record corporate earnings. How are both true at the same time? Dr. Mark Thornton, Senior Fellow at the Mises Institute and Austrian economist, joins Kitco News anchor Jeremy Szafron to break down the mechanics of the "Two Economies."Dr. Thornton uncovers the truth behind the historic S&P 500 valuations, warning that the market hasn't been this overvalued in 150 years. He also takes aim at the Federal Reserve, calling the Kevin Warsh nomination the "biggest hit job" on the precious metals market, and explains why...
2026-05-28
57 min
Kitco NEWS
Silver Is Leaving America as China Buys at a 20-Year High | Josh Phair
Spot gold and silver are sliding to two-month lows as paper markets react to a potential U.S.-Iran interim peace draft, even as President Trump calls the Iranian reports a "complete fabrication". But behind the futures screens, the physical market is undergoing a massive structural overhaul. Kitco News Senior Anchor Jeremy Szafron sits down with Josh Phair, CEO of Scottsdale Mint and the Wyoming Reserve, for an exclusive ground-level update.Phair breaks down the reality of physical supply, revealing why silver is actively leaving the United States for overseas markets and why LBMA good delivery premiums...
2026-05-28
44 min
Kitco NEWS
The 80% Deflationary Crash: How The Next Wipeout Triggers 25% Inflation | David Hunter
Is the final parabolic melt-up finally here? David Hunter, Chief Macro Strategist at Contrarian Macro Advisors, joins Jeremy Szafron to break down the mechanics of the market's "final blow-off" and the 80% deflationary bust he predicts will follow.As the S&P 500 pushes into record territory, Hunter explains why he believes we could see the market top as early as Labor Day. In this deep dive, we examine the hidden leverage in private equity, the potential for a $20 trillion Fed bailout, and why incoming Fed Chair Kevin Warsh is facing an "inflation bind" created by the AI infrastructure...
2026-05-21
58 min