Dunagun Kaiser

NO RESET... But Gold To $8000 When This Happens | Clem Chambers

Guest Clem Chambers argues gold is a war signal: prices rise as conflict risk builds and fall when it recedes. He keeps an $8,000 long-term gold target while warning further downside toward $3,500 remains possible first. He expects the Fed to resume money printing after the midterms, cutting rates to about 4.5% while inflation runs above target. He frames the AI infrastructure build-out as an investment cycle unseen since the Second World War that lifts gold, silver, and copper. Inflation below 10% is painful but survivable, he argues, and governments can hold rates down through financial repression.

Gold $15,000 & Silver $300 As Debt Spiral Ignites | John Rubino

• Top takeaway Credited as the show's host and referred to in passing as having interviewed Rubino several times between Elijah K. Johnson's conversations with him; he does not otherwise take part in this discussion.

Rubino argues the US is in a financial death spiral: rising interest costs force bigger deficits until the currency breaks. A 10-year Treasury yield near 5.3% could be the breaking point, triggering a 2008-style equities and housing crash, he warns. He sees 1970s parallels: Middle East conflict could push oil toward $120 a barrel, stoking inflation while slowing growth. Rubino expects a currency crisis and reset could eventually drive gold to $15,000 an ounce and silver to $300. His advice: hold cash for liquidity, dollar-cost average into physical metals and quality miners, and avoid timing the crash.

US Debt Crisis Is Entering A Dangerous New Phase | Dr. Mark Thornton

Thornton argues surging long-term Treasury yields mark a bond crisis that could hit heavily indebted banks harder than past stock market crashes. Thornton says admitted market manipulation — drained oil reserves, Treasury bond-buying — has failed to stop long-term rates breaking 25-year highs. The guest calls the AI build-out an Austrian-school boom — cheap credit funding overbuilt projects — with chips, electricians, and copper costs outrunning revenue. Gulf states already sell oil beyond the dollar while central banks repatriate gold — erosion of dollar dominance, Thornton argues, points toward hyperinflation. Thornton recommends saving in gold and silver and building personal independence as practical protection against continued dollar decline.

Silver's Biggest Move Is About To Happen | Phil Low

• Top takeaway The host offers first-hand Detroit examples of metal looting from his career — stripped copper pipes and nine miles of stolen communication cable — and notes copper has doubled in price, making looting of silver and other critical materials a rising risk.
• He frames the guest's monetary-endgame case as echoing Bill Holter and Jim Sinclair's 'nature-based reset' and guides the interview from practical preparedness to Tether and the crack-up boom.

The guest argues infrastructure destruction turns a financial panic into real shortages, and he has revised his outlook downward accordingly. He believes Tether's Treasury-heavy reserves could unwind rapidly in a deflationary shock, forcing sales of its gold holdings. Spending instead of saving signals a late-stage crack-up boom (when people flee a currency they expect to keep falling). Gold dips during deflationary panics because it is the easiest asset to sell for scarce dollars, then outperforms afterward. Silver's vertical move months ago was, in the guest's view, a preview of a much larger move ahead.

"It's Finally Happening" - Debt Crisis Shifts Into High Gear | Peter Grandich

Grandich argues rising Treasury yields will not stop gold: rates soared alongside gold's best rallies in the 1970s and 1980s. Mining majors hold record free cash flow this cycle, so Grandich favors miner shares over physical bullion for the second leg. Canada's new incentive returning roughly 25% of first-year production value could pull major-miner project spending toward Canadian jurisdictions, Grandich says. China's refining grip on critical minerals, not just mining, leaves Western defense supply chains exposed as nations race to lock up resources. Grandich urges spending less than you earn and exiting debt, expecting food and energy shortages and a second inflation wave ahead.

Treasury Yields SURGE Past 5% - Economic Collapse Approaches | Robert Kientz

The 10-year Treasury yield above 5% signals bond investors pricing durable US fiscal risk and demanding more compensation. Refinancing roughly $13 trillion of debt at 5% pushes decade-long interest costs toward $17 trillion, forcing deficits wider without new revenue. A possible October 1 trucker strike over diesel costs that doubled could add shortages and a second 1970s-style inflation wave. Inflation-adjusted since 1971, gold beat the Dow, S&P and bonds and roughly matches NASDAQ once dividends and gold leasing returns count. The guest argues gold is fairly valued as the honest price signal, while stretched tech valuations face rotation into gold and silver.

An Existential Threat To Humanity? | Robert W. Malone, M.D., M.S.

• Top takeaway The host frames the hyperscaling of AI and data-center buildout as a push toward a surveillance society and presses Malone on what is really behind the seemingly coordinated AI-fear campaign.
• He connects AI regulation to the recurring regulatory-capture playbook covered in earlier channel interviews, citing Joel Salatin on food and physicians on the drug industry, where rules become barriers to entry for small players.
• He tells his largely retirement-age audience that trust in government, media, and industry leaders has been misplaced and asks Malone where trust can still be properly placed.
• He closes by summarizing the episode's lesson: recognize the money trail between industry and government that ends in regulatory capture rather than accepting fear narratives blindly.

Malone argues the AI panic may open a 'policy window' — a moment when media, government, and public suddenly welcome new regulation. Malone contends regulation helps incumbents: compliance costs favor frontier AI firms (the largest chatbot makers) over small innovators threatening disruption. He says AI-mediated information systems enable censorship, surveillance, and retrospective scrubbing of sources, making independent verification and critical thinking essential. Misplaced trust in institutions is a core theme: Malone urges demanding disclosure of conflicts of interest before extending trust to anyone. He suggests small intentional communities help triangulate truth, since bad actors become visible where everybody knows everybody else's business.

“This Will Be Very Serious”: Macleod Warns of Global Logistics Shock

• Top takeaway Interviews Macleod on Middle East escalation, gold and silver market support, and mounting US Treasury funding pressure.

Diesel, ship bunker, and kerosene shortages threaten a seizure of global logistics, pushing essential prices sharply higher while economies slide toward recession. Gulf producers risk going bust as oil sales stop: Saudi debt-to-GDP could soar from about 33 percent toward 100 percent, inviting civil unrest. Foreign demand for US Treasuries is fading just as Washington refinances roughly 9-10 trillion dollars, risking a debt trap of ever-higher yields. Central banks, sovereign wealth funds, and Middle East wealth are accumulating gold, treating currencies as credit risk and bullion as the counterparty-free refuge. Japan faces a 1970s-style inflation shock from lost Middle East energy, pushing its pension funds and insurers to sell US Treasuries for JGBs.

Treasury Yields Could Trigger a Financial Shock | Andy Schectman

• Top takeaway Hosts the interview and frames it around rising rates, BRICS and gold, the Treasury market, and the bullion supply chain.
• Reports firsthand from a cross-country road trip that pump prices — especially diesel — are markedly higher, with a four-gallon minimum purchase posted at the pump.
• Frames central bank gold buying through the channel's preparedness roots since 2013, comparing it to loading up before an impending storm.
• Says channel analysts expected strong things from precious metals in Q3 2026 and has seen a modest but positive response so far.

Schectman argues rising interest rates no longer suppress gold because distrust of the bond market has broken the old relationship. Central banks bought record amounts of gold and keep pulling silver off Comex (the main US futures exchange) regardless of price. He warns a 10-year Treasury yield moving decisively above 5% would hit Wall Street, real estate, banks, insurers and pensions. Schectman says BRICS nations are quietly building interoperable payment rails that settle in gold, reducing reliance on US Treasuries. Physical gold and silver remain favored: premiums are creeping up again, and he calls holding bonds of any duration dangerous.

U.S. Government Makes $35M Mining Bet As Critical Metals Race Accelerates | Tony Giardini

• Top takeaway The host frames the discussion around critical metals strategy, asking which aspects of Trilogy Metals' resources attracted U.S. government interest and pressing on the road and access bottlenecks that have historically held the project back.
• He pitches the situation as a win-win-win for prospective investors, the U.S. government, and local Alaskan communities, calling it one of the best examples of this dynamic the channel has discussed in some time.

The U.S. Department of War closed a roughly $35M Trilogy Metals investment that gave it 10% of the company (5% from Trilogy, 5% from South32). Trilogy's Arctic deposit is a VMS (volcanogenic massive sulfide) resource of about 50 million tons at 5% copper in Alaska's Ambler Mining District. Trilogy targets a definitive feasibility study and an investment decision around 2028, with FAST 41 permitting underway alongside JV partner South32. Department of War warrants vest only on Ambler Road completion, aligning Trilogy and the government on access infrastructure that also lowers fuel costs.

Insiders Buying Gold - Public is Next | Andy Schectman

• Top takeaway The host frames the weekly update around oil supply disruptions, the upcoming BRICS summit, and trade-offs between personal possession, vault storage, segregated IRAs, tokenized gold, and ETFs
• Kaiser references a market-sniper video by Francis Hunt from the same day (Sep 15, 2026) stating the 'rush moment is starting' for silver volatility as CME launches 24/7 futures

Foreign investors are selling US Treasuries faster than they buy new securities — detreasurization is lifting gold ahead of retail buyers. BRICS is building payment rails and same-day gold settlement to bypass dollar sanctions, not to launch a competing common currency. Gold bull run survives rate hikes when the bid comes from foreign central banks shifting out of Treasuries, Schectman argues. Gold buyers face five custody paths — physical, vaulted, IRA, tokenized, ETF — with auditability and ability to take possession the deciding factors. Utah, Florida, and Texas are letting residents spend constitutional money through state depositories, with sales-tax incentives.

THE DAY OF RECKONING: Why Gold Could Explode as Treasuries Fail | Andy Schectman

Central banks are buying physical gold at record levels while lying about purchases, removing counterparty risk by taking direct possession. A deeply negative one-year silver swap spread shows holders refuse to lend out metal, a signal that readily available physical silver is increasingly scarce. A record-wide diesel crack spread and a 40-year-low U.S. strategic reserve point to higher energy-driven inflation through late 2026 and into 2027. BRICS members completed a pilot using the new Unit digital currency to settle UAE oil with India in Shanghai, outside the dollar-based SWIFT system. Schectman argues the U.S. may lean into gold accumulation to softly devalue the dollar, fund reshoring efforts, and reindustrialize domestic manufacturing.

Inflation Shockwave As Crack Spread Hit Record High | David Jensen

Surging diesel prices reveal a structural shortfall: 80% of US/Canadian industrial activity depends on diesel, and inventories are drawing down. Long-end Treasury yields are moving independently of the Fed, which Jensen reads as fractured trust in central banks. Physical demand is pulling silver eastward — Shanghai premiums have run ~12% over Western prices for roughly six months. Gold and silver price trends have re-coupled with long-end Treasury yields since 2018/2020, reversing a multi-decade decoupling. Palladium supply remains concentrated (~80% from Russia and South Africa), and a 14-year supply deficit is meeting rising hybrid-car demand.

“There Is No Escape” - Global Bond Markets Are Signaling Debt Traps | Alasdair Macleod

Macleod argues G7 bond markets are breaking out to higher yields, with US Treasuries above 5%, signaling debt traps authorities cannot stabilize. The unraveling yen carry trade is squeezing leveraged hedge funds and tightening Treasury demand at the margin. Foreign holders of about $48T in US financial assets — concentrated in Cayman, Luxembourg, Belgium, and London — will sell first. Oil, diesel, fertilizer and sulfuric acid disruptions threaten global logistics within two to three months, per Macleod. Macleod treats gold as final settlement of credit with no counterparty risk; yields above 5% will, he says, force a fiat reassessment.

The False Narrative Of Gold's Collapse | Andy Schectman

• Top takeaway The host argues that steady central bank and Tether accumulation, despite short-term price blips, shows they are positioning for something structural rather than reacting to headlines
• He contends that upbeat Washington communications about a quick Strategic Petroleum Reserve refill distract ordinary investors from taking defensive action, noting Venezuela can only supply 30-50M barrels of the 424M-barrel deficit near-term

Weak retail coin bids signal dealer risk management, not collapsing physical demand — Schectman's pushback on the 'physical squeeze over' thesis. Tether (~74 tons since 2024) and central banks together form an unprecedented structural gold bid even as yields pressure prices short-term. Forty trillion in federal debt plus ten trillion in 12-month refis keeps gold's structural bid intact despite short-term pressures. A slow Strategic Petroleum Reserve refill plus a Japan carry trade unwind are the next likely catalysts to watch for gold.

Putting US Treasury on Trial for Theft and Treason? | Rick Rule

• Top takeaway The host frames the entire episode as a mock trial accusing the US Treasury of 'theft and treason,' covering misleading inflation statistics, capital gains tax, unconstitutional currency substitution and weakening of the country's financial strength.
• The host argues the public has 'demanded to be lied to' and assigns shared culpability to voters for fiscal outcomes, citing the Pogo cartoon 'we have met the enemy and it is us.'
• The host challenges the morality and constitutionality of capital gains taxation on gold and silver, on the grounds that the asset itself has not changed intrinsically — only its dollar denomination.

Rule argues the U.S. dollar could lose 75% of its purchasing power over the next decade, citing persistent inflation understated by official CPI. Capital gains taxes on gold and silver are illusory, Rule contends — the assets haven't changed, only the floating fiat yardstick they are priced in. Precious metals bull markets are led by gold; once generalist investors arrive, silver outpaces gold on the upside. Gold will sell off in any liquidity crisis, Rule warns, but recovers faster than assets that require counterparty trust. Bankers fail by borrowing short-term and lending long-term — duration mismatch killed the S&Ls, Silicon Valley Bank, and First Republic.

Gold 2X If History Repeats; Expect Currency Crisis | Jeff Clark

• Top takeaway Kaiser frames the macro setup as a clash of powerful geopolitical, industrial, economic, monetary and jurisdictional counter-currents, and argues the two mega currents that matter most are mining-sector profitability and capital rotating out of an overstretched tech bubble like Nvidia
• He shares a personal anecdote about touring a South Dakota gold mine that had been shuttered because the gold price made it uneconomic, and only later connected the closure to a contrarian entry point for gold and mining stocks
• He links what Jeff Clark calls an ironic investor pattern to evidence in his own sales: December and January were his dealership's busiest bullion-buying months, while the second quarter after the pullback was 'tumbleweeds and ghost town music' despite gold being on sale
• He channels Rick Rule's concern about late-cycle manias, pressing Clark on whether indiscriminate buying is rewarding junk miners alongside quality names and setting up a burnt-over disappointment
• He draws out Clark's three-legged stool framework (people, politics, property) by comparing it to the way Rick Rule dissects management track records, balance sheets and insider ownership

Mining expert Jeff Clark says the gold bull market still has at least two more years to run, citing a 94% price correlation with the 1970s. If gold keeps tracking the 1970s analog, prices could more than double from today — with mining stocks typically levering such moves 2-4x. Clark's stock-picking framework rests on three pillars: management with skin in the game, pro-mining jurisdiction, and a project that could realistically become a mine. FOMO (fear of missing out) draws most retail buyers in at the top; Clark argues disciplined investors should use pullbacks as buying opportunities. Nationalization risk clusters in second-world jurisdictions; Clark sidesteps third-world projects entirely and rotates into newly pro-mining South American regimes.

Massive Financial Crash Likely While Gold Skyrockets | Phil Low

• Top takeaway As host of Liberty and Finance, Dunagun Kaiser frames the three-part discussion around baby boomer retirement exposure, Treasury Secretary Bessent's failing bond buyback, and the moral framing of usury.
• Kaiser points to Florida's prudent investor law, which bars HOA treasuries from holding gold on the grounds it is a non-dividend-paying speculative asset, locking individual savers out of the safe haven they might otherwise use.

Retirement portfolios are 40-60% concentrated in nine AI stocks, leaving retirees exposed as insider exit liquidity. Treasury swap of long-term debt for short-term notes only delays the funding crisis by one to three months. Phil frames the dollar as a Ponzi scheme nearing endgame, with gold and silver holders positioned as the next capitalists. Moral loans fund productive investment; consumption loans create debt slavery -- the distinction under honest money. High interest rates historically pull gold from the ground; low rates push capital into jewelry and display gold.

Gold & Silver About to Go Vertical? Michael Oliver Warns of a “Nuclear” Financial Event

Miners just broke a 13-year undervaluation ceiling versus gold; the XAU-to-gold ratio (miners priced in gold ounces) can double from here. Rising miner-versus-gold spreads have never coincided with falling metals, so Oliver reads this breakout as confirmation that gold and silver surge next. A failing US Treasury bond base would force the Fed to print massively, accelerating fiat degradation — the long-term driver that lifts gold. Oliver sees bank stocks (XLF, KBE) breaking down like mid-2007, warning the S&P is dancing on glass near its intermediate trend support. Silver's old $300–$500 target is lifted; with US government debt now in doubt, Oliver expects a shocking vertical move within months.

THE SYSTEM IS FAILING: Take Back Control Before It’s Too Late | Robert W. Malone, M.D., M.S.

• Top takeaway The host argues that government and regulatory agencies have broken public trust across food, health, media, war, and money, and positions independent media like his own channel as the more reliable source for rebuilding it.
• He observes that BRICS+ nations, arguably representing a majority of the world's population, are walking away from the Western-dominated fiat currency system that has prevailed for the past 80 years.
• He traces the channel's mission to its 2013 'reluctant preppers' origins, saying it exists because many authorities and institutions do not deserve the trust people are taught to give them.
• He offers a charitable reading of Americans who defer to authority, arguing most assume institutions are well-intentioned and looking out for them, which is how misplaced trust persists.
• He ties Malone's food-supply critique to the channel's recurring Joel Salatin interviews on regulatory overreach and food-supply integrity.

Fiat currency (paper money with value only by government decree) lets central banks quietly tax savers through inflation, and Malone argues the system is unsustainable. Gold's compact intrinsic value makes it durable money; blockchain alternatives risk capture, while central bank digital currencies could enable financial manipulation of citizens. Decades of get big or get out farm policy enriched agribusiness and hollowed small towns; growing even window-box food restores personal sovereignty. State cyber units, paid journalists, and bot networks manipulate the information space, making trust built on direct experience and community a personal defense. Geopolitical conflict tracks resources: the uncontrolled DRC Ebola outbreak reflects US-China rivalry over rare earths, strategic metals for modern technology and weapons.