War has a way of exposing what was already broken. As the conflict in the Middle East enters a more dangerous phase, markets are flashing a massive contradiction: oil remains volatile and shipping routes are under severe strain, yet gold and silver are suffering a sharp weekly sell-off.
In this interview, Jeremy Szafron, Anchor of Kitco News, sits down with Gerald Celente, Founder of the Trends Research Institute and Publisher of The Trends Journal, to break down the “Gold Paradox” and what it reveals about the state of the global economy. Celente argues that the current price action is a “rigged game” designed to mask the dire straits of a U.S. economy facing a $40 trillion debt level. They also dive into the tactical escalations surfacing in the Middle East, including reports that the administration is weighing a move on Iran’s Kharg Island—a hub for 90% of the country’s crude exports. With a $200 billion war funding request on the table and diesel prices pushing past $5.00 a gallon, Celente warns that the “war squeeze” is now hitting the American kitchen table.
Beyond geopolitics, Celente provides a blunt assessment of the “Dot-Com 2.0” AI bubble, explaining why he believes China is poised to lead the technological race while Western “Magnificent Seven” stocks face significant overinvestment risks.
Recorded March 20 2026
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Timestamps:
00:00 – Introduction: The Market Contradiction
01:10 – Gold and Silver Selloff: Safe Haven Trade Breaking Down?
02:46 – Gerald Celente on Gold Price Suppression Claims
06:58 – Who Really Controls Gold, Oil, and Market Prices?
10:37 – Historical Pattern: Economic Crisis and the Road to War
17:40 – Main Street Pain: Inflation, Fuel Costs, and Consumer Stress
22:08 – Oil Price Spike Warning: Why Crude Could Surge Higher
26:53 – Nuclear War Risks, False Flags, and Escalation Fears
27:23 – War Spending, Recession Risks, and Economic Decline
29:43 – Why China Could Dominate the AI Race
31:09 – Magnificent Seven Overinvestment and Tech Market Danger
37:26 – Media Censorship, Wartime Narratives, and Press Freedom
44:17 – Gerald Celente on Building a New Peace Movement
#Gold #Silver #GeraldCelente #KitcoNews #MiddleEast #Inflation #OilPrices #AIBubble #Recession #Geopolitics #MarketManipulation #KhargIsland #WarEconomy #DebtBomb
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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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20 Comments
Gold is breaking toward $4,490 and Silver just plunged over 7% while war escalates. Gerald Celente calls this a "Rigged Game" designed to mask a $40T debt bomb.
We want to know your take: Are you buying this dip as a generational opportunity, or have the rules of "safety" fundamentally changed in this war economy?
😂😂😂your life is crap
One month old? Why not four years?🎉
It’s all coming out. We have had free energy for over 100 years but it’s the crap government and the elites that have kept his secrets.
Hey GENERAL REALAITY is here and there CORRUPTION is in the Government. So us Americans are doomed no money. So Right So we better prepare 😏 for what's Coming.
Trump is similar to the FED, Trump is out of bullets. What is he going to do the stabilize the oil prices, next week.
👍🪙💰
It wasn't Trump's "opinion" to preemptively start the War with Iran, it was Benji Yahoooo's opinion, for over the last 40 years.
we are in big trouble, we the world.
NOW IF YOU CANT SEE BY NOW THE EVERYTHING IS RIGT YOUR BLIND
Well this didn't age well cuz here we are tax day and our navy controls the straight and everyone's coming to Texas for oil.😅
😢 if you're investing in the stock market directly then you are directly feeding into the parasitic system if you're an indirect recipient of trickle down through your pension fund being invested in the parasitic stock market then you are an indirect recipient of parasitism… it's very simple
Y'all are just as crazy as trump. You believe everything trump says. Y'all look like a bunch of rats scurrying every time trump opens his lying mouth.
Oh please Hillary Clinton is even quoted as going after Iran. Does he think we’re stupid we don’t know. Iran was formally Peugeot with a king and the people were free. Sure this financial reasons it’s for the financial reset give me a fucking break. You’re making me act like this is something you created by this administration to free the people go ahead go ahead keep selling your books, buddy.
🤑??😮
🤑??😮
" The Foreign Agents Registration Act " , Congress and Senate are Bought and Sold , Stop PACS , Lobbies
President Kennedy was Pulling out of Vietnam , He insisted that Isreal Register , The 'Foreign Agents Act' , Palestine Was given their Rights by the UN
" Mind Games " , John Winston Ono Lennon Files Redacted , " Give Peace A Chance " , " Power To The People "
How Dare Elon Musk Used and Abused The Name Tesla