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The US economy is flashing contradictory signals. While consumer retail sales have stalled and delinquency rates hit near-decade highs, financial assets are moving at historic speeds. US equity markets are seeing daily turnover surpass $1 trillion, and gold is holding firm in the $5,000 range.Will Rhind, Founder and CEO of GraniteShares, joins Jeremy Szafron to explain why this disconnect is happening and who is actually driving the volume. Rhind argues that the US has become the global liquidity sink for the world's capital, with international investors forced to trade US names to access the AI trade. He also breaks down a massive anomaly in the silver market, where ETF volume recently exceeded the S&P 500, and makes the case for Platinum as the "next metal to move" given its historic 50% discount to gold.Recorded on February 10, 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Will Rhind on X: @willrhind (https://twitter.com/willrhind)Key Talking Points:-The Global Liquidity Funnel: Why $1 trillion in daily volume is a global, not local, phenomenon.-Silver's "Abnormal" Signal: Why the SLV ETF is trading more volume than the entire US stock market.-The "De Facto" Currency: Rhind discusses how gold has surpassed the Euro and is replacing the Dollar as the standard for central banks.-Bitcoin's Rotation: Why capital is leaving crypto to chase the momentum in precious metals.TIMESTAMPS: 00:00 Introduction and Market Overview 00:07 Economic Concerns: Consumer and Debt Data 00:39 Financial Assets and Market Velocity 01:05 Interview with Will Rhind: Market Disconnect 04:17 Credit Markets: Corporate Debt Analysis 09:26 Metals Market: Gold, Silver, and Platinum 23:09 Bitcoin and Cryptocurrency Trends 27:37 Market Predictions and Final Thoughts 34:49 Conclusion and Subscription Reminder#silver #gold #investing #stockmarket #economy #wealth #preciousmetals #inflation #platinum #kitconews #jeremyszafron #willrhind #etf #finance #money #trading #marketcrash #recession #commodities #mining__________________________________________________________________Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

While the White House launches "Project Vault" and the Treasury talks down gold prices as a "speculative blow off," major banks are quietly raising their targets to record highs. John Feneck of Feneck Consulting joins Jeremy Szafron to expose the massive disconnect between Washington’s rhetoric and Wall Street’s bets.Feneck breaks down the "insane" 100% price explosion in Tungsten following China's export ban on January 1st, 2026. He identifies the specific US defense stocks poised to benefit from this critical shortage and explains why the recent 29% "flush" in Silver was a margin-driven gift for smart investors.Recorded on February 9, 2026Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron)Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)Follow John Feneck on Twitter: @FeneckConsult (https://twitter.com/FeneckConsult)IN THIS INTERVIEW:-The Narrative War: Why Treasury Secretary Bessent calls gold a "bubble" while JP Morgan and Goldman Sachs target $6,000.-The Tungsten Crisis: How China’s export ban triggered a doubling of prices in just 90 days.-Stock Picks: Specific buy ratings for Guardian Metal, American Tungsten, Paramount Gold, and Power Nickel.-Silver Volatility: Why the "brutal" Jan 30th crash was a buying opportunity, not a sell signal.CHAPTERS: 0:00 - Intro: Project Vault vs. The Banks 1:02 - Bessent Calls Gold a "Bubble" (But JPM Says $6,000) 2:45 - The Silver "Liquidated": Why It Crashed 29% 3:50 - "We Are Just PAs": Manipulation & The Banks 5:50 - THE TUNGSTEN EXPLOSION: China’s Export Ban Explained 7:20 - Top Defense Stock Picks: Guardian, American Tungsten & Spartan 9:30 - Paramount Gold: Buying The Oregon Permit News 13:10 - Highlander Silver & Bear Creek: The Bull Case 15:40 - Hecla Mining & The Major Silver Producers 18:50 - Copper Strategy: Why Power Nickel is a "Rifle Shot" 20:55 - Macro Outlook: "Terrible" Payrolls & The Fed 22:15 - "This Is Not A Casino": Buying The Flush Strategy#Gold #Silver #Tungsten #MiningStocks #JohnFeneck #CommodityWar #ChinaBan #Economy #Investing #KitcoNews__________________________________________________________________Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Ted Oakley, founder and managing partner at Oxbow Advisors with decades in macro and value investing, lays out a “sobering up” market thesis. He discusses a possible 10–15% pullback, how AI capex shifts tech from cash generators to capital-intensive firms, and why he is rotating into income plays like natural gas pipelines, big pharma and consumer staples.

Spot silver witnessed a massive liquidation event today, plunging double-digits and testing critical structural support in the low $70s. In this exclusive technical breakdown, Gary Wagner, Editor of The Gold Forecast, joins Jeremy Szafron to analyze the damage.Wagner identifies the $71 level as the "line in the sand" that must hold to keep the bull trend alive. He explains the massive divergence between silver’s volatility and gold’s relative strength, describing silver as "a candle that burns twice as bright but burns half as long." Despite the carnage, Wagner maintains his bullish outlook, updating his year-end gold price target to a potential $6,000.Recorded on February 5, 2026Key Topics Discussed:-The Silver Liquidation: Did the drop to $72.18 break the market structure?-Technical Damage Report: Analyzing the "Bearish Engulfing" candles and the long lower wicks.-Gold vs. Silver: Why Gold held the $4,800 range while Silver collapsed.-The Forecast: Wagner’s updated price targets for late 2026.-The Dollar: Analyzing the DXY breakdown to 95 and what it signals for metals.Timestamps: 00:00 Introduction and Market Overview 01:19 Spot Silver Analysis 01:54 Fundamental and Technical Factors 11:26 Gold Market Insights 18:15 Dollar Index and Market Sentiment 20:49 Conclusion and Final Thoughts#Gold #Silver #Investing #GaryWagner #KitcoNews #TechnicalAnalysis #Commodities #Wealth__________________________________________________________________Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

The market is repricing risk as capital rotates from the "Paper Economy" of tech stocks into the "Managed Economy" of strategic hard assets. In this episode of Kitco News, Anchor Jeremy Szafron is joined by Joe Cavatoni, Market Strategist for the World Gold Council, to break down the massive discrepancy in central bank gold buying data.While official IMF data reports approximately 326 tonnes of net buying for 2025, Cavatoni reveals that the "true" demand—including unreported OTC flows—is tracking closer to 680 tonnes. They discuss why sovereigns are "going dark" with their accumulation, the implications of the "Project Vault" price floors for critical minerals like Silver, and why the "violent" 30% melt-up in January was a bigger danger signal than the recent correction.Recorded: February 4th 2026.Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Joe Cavatoni on X: @JCavatoni_WGC (https://twitter.com/JCavatoni_WGC)CHAPTERS: 00:00 Introduction and Market Overview 00:08 Technology Trade Unwinds: The Rotation from AI to Hard Assets 00:29 Project Vault and Government Policy: The "Managed Economy" 01:49 Market Response and Gold Performance (Intraday Volatility) 02:07 Interview with Joe Cavatoni: Gold Market Insights 02:54 Central Bank Gold Buying Trends: The "Unreported" 350 Tonnes 06:04 Gold Market Volatility and Investor Behavior: The "Air Pocket" Rally 09:38 Silver as a Strategic Asset: Critical Mineral Risks 12:24 Central Bank Reserve Strategies: Uzbekistan & Price Insensitivity 15:52 Macro Drivers and Gold Allocation: The Tech Rotation 22:44 Conclusion and Key Takeaways#Gold #Silver #CentralBanks #Economy #Investing #KitcoNews #ProjectVault #WGC__________________________________________________________________Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsListen to the PODCAST on🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233🎧 All podcast episodes available here → https://kitconews.buzzsprout.comVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Bitcoin is struggling to find a firm floor after a sharp pullback that has pushed prices back into the $75,000 to $78,000 range and shifted sentiment toward extreme fear. While some traders warn the move could signal a deeper breakdown, Randi Hipper, also known as  @MissTeenCrypto , says the volatility fits Bitcoin’s historical pattern and does not change its long-term outlook.Speaking with Kitco News, Hipper described the selloff as typical for Bitcoin and framed the asset as a generational investment rather than a short-term trade. “Overall, it’s a roadmap to $1 million Bitcoin,” she said, adding, “I believe this is just creating a nice firm foundation for Bitcoin.”Hipper also pointed to Bitcoin’s finite supply and its independence from centralized governments as key strengths at a time when confidence in fiat currencies is under pressure. She said younger investors are being squeezed by inflation and limited opportunity, pushing Gen Z to look beyond traditional finance for assets that offer access, neutrality, and long-term financial resilience.Recorded February 3, 2026.00:33 - Interview With Miss Teen Crypto Randi Hipper01:21 - Bitcoin Price Action, Volatility, and Long-Term Outlook04:15 - Ethereum, Altcoins, and Institutional Market Shifts05:22 - Tokenization, DeFi, and the Future of Crypto Infrastructure08:46 - Crypto Regulation, Stablecoins, and the Genius Act12:06 - Final Thoughts on Bitcoin, Risk, and Long-Term ConvictionSpecial thanks to our sponsor, Swan Bitcoin, the real Bitcoin company, for making this coverage possible 👉 To learn more, get started at https://swan.com/kitcoFollow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Randi Hipper on X: @missteencrypto (https://x.com/missteencrypto)#Bitcoin #Crypto #BitcoinPrice #BitcoinVolatility #DigitalAssets__________________________________________________________________FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsListen to the PODCAST on🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233🎧 All podcast episodes available here → https://kitconews.buzzsprout.comVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Gold and silver just suffered their first major volatility shock of the year, with gold swinging nearly $500 in a single session and silver whipsawing violently. While some see a breakdown, Danielle DiMartino Booth says the move looks less like a top and more like a liquidity flush clearing leverage from the system.Speaking with Kitco News, the CEO and Chief Strategist of QI Research said markets that move parabolically “need healthy breathers,” warning that margin calls can spread quickly as stress rises across equities, credit, and commodities. She said the turbulence is coinciding with renewed credit stress, noting “we’re certainly seeing a resumption of the bankruptcy cycle,” with private credit emerging as a key fault line.Booth also pushed back on the Fed’s stabilizing narrative, arguing Chair Powell is “leaning disproportionately on the unemployment rate” even as layoffs rise and financial conditions tighten beneath the surface.Recorded January 29, 2026.00:35 - Fed Policy, Market Volatility, and Liquidity Stress01:24 - Danielle DiMartino Booth on Credit and Market Fragility01:41 - Gold’s Volatility and a Liquidity Flush, Not a Top04:22 - Labor Market Signals vs Corporate Layoffs05:39 - Consumer Strain and Buy Now Pay Later for Essentials06:28 - Banking Sector Stress and Credit Risk Beneath the Surface08:42 - Regulation, Treasury Issuance, and Bond Market Stability11:13 - Final Thoughts on Volatility, Risk, and Market SentimentFollow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron)Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW)Follow Danielle DiMartino Booth on X: @DiMartinoBooth (https://x.com/DiMartinoBooth)#FederalReserve #Recession #Gold #CreditCrisisLike, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Gold and silver are not just hitting records, Robert Kiyosaki says they’re revealing a deeper shift in how money, debt, and trust are being repriced.Speaking with Kitco News at VRIC 2026, the Rich Dad Poor Dad author weighed in as gold trades above $5,000 and silver holds triple digits. Kiyosaki argued that silver’s move reflects structural pressure, not speculation, calling it “the information age’s metal” and the backbone of modern technology as AI demand accelerates. He warned that silver supply is constrained and difficult to expand, adding, “You can’t find it. That’s the big news.”Kiyosaki also pointed to the significance of gold and silver rising together, saying that historically this alignment signals stress in fiat systems as capital moves toward hard assets. He highlighted silver’s growing strategic importance, noting its role in technology and defense at a time when governments are reassessing critical materials.Addressing rumors that he sold his silver to buy Bitcoin, Kiyosaki said he has not sold any silver and rejected the idea of trading hard assets for paper money, which he described as “toilet paper.”Recorded January 26, 2026.Special thanks to our sponsor, Discovery Silver. Visit https://discoverysilver.com/ to learn more about the company, its latest news, and investor materials.Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Robert Kiyosaki on X: @theRealKiyosaki (https://x.com/theRealKiyosaki)01:16 - Why Silver Matters in the Information Age03:05 - Debt, Fiat Currency, and Global Economic Stress06:10 - Did Robert Kiyosaki Sell His Silver?08:15 - AI, Technology, and Economic Disruption09:23 - Why Kiyosaki Favors Stable Money Over Fiat10:33 - Marxism, Central Banks, and Monetary Control12:23 - Vietnam, Veterans, and Lessons From History14:45 - Why Capital Is Shifting Toward Hard Assets16:49 - Mining, Capitalism, and Investing in Real Assets19:34 - Final Thoughts and Book Recommendations#Gold #Silver #PreciousMetals #FiatCurrency #SilverSupply #HardAssets #Mining #MarketCycles #RobertKiyosaki__________________________________________________________________FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsListen to the PODCAST on🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233🎧 All podcast episodes available here → https://kitconews.buzzsprout.comVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Silver and gold are no longer flirting with historic levels. They are holding them. And Keith Neumeyer says that matters far more than the numbers on the screen.Speaking with Kitco News at VRIC 2026 in Vancouver, the First Majestic Silver CEO says the market has crossed into “a new pricing paradigm,” after decades shaped by paper-driven trading. He argues the shift is being driven by physical tightness and demand that are now overpowering traditional paper pricing.Neumeyer points to years of underinvestment and flatlined mine supply. For the first time in his career, he says, “the physical market is actually taking over the paper market.” He adds that big institutional money remains on the sidelines, while permitting timelines and massive capital requirements limit how quickly new supply can respond.Recorded January 26, 2026.Special thanks to our sponsor, Discovery Silver. Visit https://discoverysilver.com/ to learn more about the company, its latest news, and investor materials.00:58 - Silver and Gold Hold New Levels01:49 - Mining Constraints and Supply Pressures03:00 - First Majestic Strategy in a High-Price Market04:48 - Mint Operations and Supply Chain Issues07:38 - Permitting, Governments, and Jurisdiction Risk10:38 - Why Institutions Still Avoid Mining Stocks11:51 - First Mining Gold and Long-Term Development17:57 - Final Thoughts on Silver and Mining CyclesFollow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Keith Neumeyer on X: @keith_neumeyer (https://x.com/keith_neumeyer)#Silver #MiningStocks #KeithNeumeyer #FirstMajestic #Gold #MergersAndAcquisitions #KitcoNews__________________________________________________________________FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsListen to the PODCAST on🎧 Spotify: https://open.spotify.com/show/1My4WgtF0ZhUnxkxDLoJof🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast/kitco-news/id1842889233🎧 All podcast episodes available here → https://kitconews.buzzsprout.comVisit: 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/goldLive silver price and chart: https://www.kitco.com/charts/silverLive crypto market data: https://www.kitco.com/price/cryptoLearn 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.

Gold is at a new record level, and silver has seen extreme intraday moves, forcing a long-standing question back to the surface for mining investors. Speaking with Kitco News at VRIC 2026 in Vancouver, Ross Beaty and Bob Quartermain discuss whether this price action can finally drive a sustained rerating across mining equities or repeat a familiar cycle where metals surge and miners lag.Beaty, Chairman of Equinox Gold, draws a clear distinction between gold and silver. He calls the silver market “very frothy, very bubbly,” and “overblown” in a market that is “about 10% the size of the gold market,” where small capital flows can drive outsized swings. By contrast, he says gold is being driven by “this giant move of money from treasuries, US dollars into an alternative source of money, which is gold,” supported by central bank demand rather than short-term speculation.Both speakers stress cycle awareness. Beaty says the sector is “in the sun right now,” but warns that bull markets can turn abruptly and painfully if companies are unprepared. Quartermain adds that higher prices are reopening the financing window for juniors and developers, but building mines remains a long, capital-intensive process that requires discipline through both good times and bad.The panel also discusses jurisdictional risk, the return of a Canada premium, and why new mine supply takes years to materialize in a sector constrained by permitting timelines and long project cycles.Recorded January 26, 2026.Follow Jeremy Szafron on X: @JeremySzafron (https://x.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://x.com/KitcoNewsNOW) Follow Equinox Gold on X: @EquinoxGoldCorp (https://x.com/EquinoxGoldCorp)Follow Dakota Gold on X: @DakotaGoldCorp (https://x.com/DakotaGoldCorp)Special thanks to our sponsor, Discovery Silver. Visit https://discoverysilver.com/ to learn more about the company, its latest news, and investor materials.01:05 - Current Market Dynamics in Gold and Silver03:02 - What Record Prices Mean for Mining Companies07:11 - Jurisdictional Risk and Where to Build Mines12:37 - Long-Term Planning and Market Cycles14:06 - Cash Flow, Debt Reduction, and Capital Discipline16:09 - Navigating the Bull Market as an Investor16:43 - Why Mining Is a Cyclical Business18:08 - Poland Copper Project and Long-Term Development20:00 - AI, Copper Demand, and Resource Nationalism22:55 - Canada’s Mining Landscape and Government Support25:14 - Philanthropy, Communities, and Legacy in Mining28:39 - Advice for Junior Miners and Industry Lessons30:10 - Final Thoughts on This Cycle and What Comes Next#Gold #Silver #Mining #Copper #PreciousMetals #MiningStocks #ResourceInvesting #KitcoNews__________________________________________________________________FOLLOW US:  X: https://x.com/kitconewsnow  Instagram: https://www.instagram.com/kitconews  Facebook: https://www.facebook.com/KitcoNews  LinkedIn: https://www.linkedin.com/company/kitconewsLearn 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.