Dr. Nomi Prins says the forces driving capital into hard assets are accelerating, and the Fed has become the only backstop for U.S. debt.
Speaking with Kitco News at the Rule Symposium 2026, the Prinsights Global founder and Permanent Distortion author reaffirmed her call for $6,000 gold by year-end. “Does the United States have a debt crisis? The United States has a Fed,” she said.
Prins also pushed back on the market’s read of the new Fed chair: “I think ultimately the Fed will have to reduce rates in order for us to service our debt. I think that Kevin Warsh is waiting for that moment.” She pointed to China cutting its Treasury holdings from $1.3 trillion to $620 billion in favor of gold, and five billion ounces of paper silver trading in the SLV ETF alone against roughly 800 million mined each year, as signs the hard asset supercycle is still early.
Recorded July 07, 2026.
Special thanks to our sponsor, Aris Mining, for making this coverage possible. To learn more, visit:
Follow Jeremy Szafron on X: @JeremySzafron (
Follow Kitco News on X: @KitcoNewsNOW (
Follow Nomi Prins on X: @NomiPrins (
00:00 – Welcome and Guest Intro
01:56 – Wall Street’s Shift Into Commodities
03:01 – $6,000 Gold and the Central Bank Supercycle
09:45 – Kevin Warsh: Waiting to Cut Rates?
12:29 – Real Assets Lockout
14:42 – Inside a Moroccan Silver Mine
16:37 – Paper Silver vs Physical Supply
19:15 – De-Dollarization Reality Check
24:00 – How Institutions Really Position
27:32 – Building a Commodity Portfolio
30:55 – Closing Takeaways
#Gold #Fed #Debt #NomiPrins #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:
Instagram:
Facebook:
LinkedIn:
Listen to the PODCAST on
🎧 Spotify:
🎧 Apple Podcasts:
🎧 All podcast episodes available here →
Visit: for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.
Live gold price and chart:
Live silver price and chart:
Live crypto market data:
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at:
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.
source
27 Comments
Nice to see my AYA shares up 40% in the month since they had this chat 🙂
100 percent of your paycheck wouldnt make a dent in the debt she said. the coming oil crisis and the death of the petro dollar may test that theory.
I love all of these PM hypers, too. However, the "system" is never going to let the common man become empowered with real money. His system of taxation, usury, interest and banking is predicated on fiat of some kind or another. The best one can do is feel good that their own savings is diversified (heavily or lightly) into something real and universally redeemable.
It’s all horsedodo until you hit bottom/lipschtik on piggies ala George Harrison called it
Nice talk. But I don't get why talking about "paying back debt". It's not really debt, its just being short USD. Long term v good strategy to be short USD. Also USD as a unit doesn't exist anymore, there are separate credit/debt circuits, defined by laws. So Government will just change laws like it always did. "It's our currency and your problem", that hasn't changed.
When Ronald Reagan became president the national debit was one trillion dollars. Listen, paper currency is nothing but a depreciating asset. Bank of America is the principle example.
She was a great speaker. Intelligent, attractive , with sincere honest personality👏🎉
Wonderful thinking
Interessant, tolle Informationen, vielen Dank 😘
This interview took place 8 days ago. Why are they talking about Biden? This is under Trump's miserable watch. Agreed, Biden's a smart man. Trump? Nope. No plans, just whims unconnected with anything happening outside of Trump's actions. Trump is absolutely killing us with his gigantic debts while giving money away to the rich and taxing the bottom floor of the economy more than anyone imagined as late as last year.
The price of gas is going to come down over time. LOL
No one talks about stable coin ,treasury relation
They are crashing gold and silver, then they will say its needed for the war effort and give cash to all the paper gold and silver holders. Next reprice gold and silver for there balance sheet and settle some of there dealt with real gold. Then probably reopen the paper market…
Just a theory
The billionaires are destroying society. If a billionaires has $20 billion and loses or spend $18 billion, wanting to control citizens, the billionaires is still a billionaires.
Doubtful oil going down soon. Likely up. A lot. IMO.
When Nomi talks I listen. She is a lady with a lot of integrity. More importantly she is so intelligent and so well informed.
Get physical Gold and Silver. Hold it for the future and your future generations won't be Peasants. 🎉🎉🎉
Why is oil coming down?The war continues and the Strait stays closed.
USA started Trade war, Tariff war, Chips war and sanctions, then start America/Israel vs Iran war, who is the ROOT CAUSE of destroying humanity and peace.
We are in a $ bubble and get ready for a bust
Lock in on hard assets
Your grandchildren will bless your name
😂😂😂 USA is NOW showing THIER Real Karl Marx WEt DREAMS 😮😮😮😅
I'm surprised that she doesn't like to see her portfolio go down if she still believes the longer term thesis.
The only real way out is to revalue the price of gold and return to some kind of gold standard..
I've tried to stay patient, changed strategies, and even taken breaks, but my account keeps going down. It's frustrating watching others succeed while I'm struggling to stay consistent. Is trading even real, or am I missing something important?
cut one zeros and bring the rate up to 10% Price you shoud know theres no way get out of this shit…
Tax the billionares