Dr. Thomas Kaplan, Chairman of The Electrum Group and one of the most influential gold investors of our time, joins Jeremy Szafron for a high-impact conversation on gold, silver, mining policy, and monetary upheaval. Kaplan says the current alignment of macro risk, central bank behavior, and U.S. policy is “the best setup I’ve ever seen” for precious metals – and warns the dollar is being dangerously misplayed.
In this exclusive Kitco News interview, Kaplan explains why jurisdictional risk now trumps geology, how a new “onshoring” era could favor American gold, and why $10,000 gold and triple-digit silver are no longer far-fetched targets. With hedge funds positioning long, central banks stockpiling, and the Federal Reserve under pressure, Kaplan outlines a thesis that has billionaires – and long-term allocators – paying attention.
Key topics:
-$10K gold, triple-digit silver: Kaplan’s bold forecast
-Why U.S. gold policy is at a turning point
-Onshoring, Alaska, and America’s next great mining map
-Why jurisdictional risk matters more than geology
-Kaplan’s long thesis on silver as a strategic asset
-Is gold front-running the Fed pivot?
-The Electrum strategy: conviction, patience, and positioning
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00:00 Introduction
01:39 Gold’s Asymmetric Setup
04:26 Gold as a Long-Term Investment
07:13 Central Banks and Gold
10:36 Geopolitical Impacts on Gold
23:05 US Mining Policy and Opportunities
27:50 Exploration Potential and Future Prospects
29:37 Geopolitical Implications of Gold Reserves
30:41 China’s Gold Strategy and US Benefits
31:42 Investment Strategies in Gold and Silver
37:11 Jurisdictional Risks in Mining
40:01 The Future of Silver as a Strategic Metal
45:48 Final Thoughts
#Gold #Silver #ThomasKaplan #KitcoNews #Mining #Dollar #Inflation #Fed #Trump #CentralBanks #Alaska #Donlin #Macro #MonetaryReset #Recession
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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.
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30 Comments
Kaplan: ‘This is the best setup I’ve ever seen for gold and silver.’
Do you think $10K gold and triple-digit silver are coming? Drop your thoughts below.
I wonder if that enormous supply that will come on the market might depress the price.
So exciting. 35% of portfolio in GDX and PAAS. Notice mag 7 has been fluttering for weeks.
What i don't understand is why central banks would buy gold. I understand it has some utility but what is the intrinsic value? What use is it to the bank compared to, say, oil and gas?
Incredible interview and very valuable insights shared.
Masterclass, right here. Thank you!
🙏
Thank you so much for sharing your insights, wisdom & expertise, Dr Kaplan. You've given us many troy ounces, Sir, to invest upon.
Thank you & good health! 🙏
I love this guy, but western world governments are rapidly moving away from the rule of law
This guy is a self-important blow hard
THAT'S STOP'S GOD FOR Gives Africa 🌍 Continuous FEAR, There Fighting For There SouVerty, Every ONE Coming BACK Together
Well WE Gave Our Powers UP In THE Garden
YALL LOVE AFRICA 🌍
NO Wonder,I Understand
THIS Bubble Has Burst, We're THE TRUE JEWS, THE People WHO Did, Do Your Sun 🌞 Work, That's OUR GOLD 🪙
YALL PINK,PINK PALE, Beings, WHY You Want Claim Your Complexion?
WOW, You fine with That,
I'm Moving Too AFRICA 🌍 ALKEBULAN
"Dis-inflation.."
Excellent interview. Great channel.
😂Thank you for this so well informed presentation. One question is that at closing Dr Kaplan wished us a " great summer".
The podcast indicates it was made 1 month ago viz August, so while I welcome his goodwill as summer was even then approaching its end, when was this presentation was made?
Name & author of the book: How Countries Go Bankrupt?
Thank you for all the info I think you are a king thank you so much
I hope we can help so much of our people
40 in china today an ounce
an honest man when he advised all the novice to not jump in NOW. wait for a pull back as we are late in the rally now.
My god. It's Sam Newman.🦘🇦🇺🏉
Warren Buffet doesn’t buy gold.
silver going down to $35 near term
Yes, as fast as they can print, each day sheep wake up, all the while industry turn tech demand increases, the rigged jig is also coming to the last dance.
Great guest
9999 SILVER is way more valuable than 9999 GOLD.
Everything will be tokenized on Ethereum, including Gold, Silver and Bitcoin.