Dominic Raab: From Illicit Gold to China's Choke Hold, Our Supply Chains Are Broken

The global battle for resources has reached a crisis point. Beijing's weaponization of its control over critical minerals has sent shockwaves through the markets , while a shadow war is being fought over the illicit gold trade that funds conflict and terrorism. The West is now facing what our guest calls a "choke hold over supply" in a system he declares is a "broken market".

Kitco News Anchor Jeremy Szafron sits down with Dominic Raab, the former Deputy Prime Minister of the United Kingdom and current Head of Global Affairs at Appian Capital. A year after his explosive "Silence is Golden" report with the World Gold Council, Raab reveals that while "the silence has been broken" on illicit gold, the West must now confront a much larger strategic failure.

In this crucial interview, Raab lays out the blueprint for survival and victory in this new global conflict over metals. He details why the West's short-term thinking led to this crisis and provides an actionable three-point plan for leaders to build secure supply chains through public-private partnerships, permitting reform, and a "hub and spoke" model of friend-shoring.

(This interview was recorded on October 17, 2025.) 

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