Dunagun Kaiser

"We Are Weeks Away From Emergency" | Gregory Mannarino

• Top takeaway Host Kaiser sets the interview framing by tying escalating multi-front wars to the financing of a fiat-dollar Ponzi scheme, and presses Mannarino on whether the reported Fed-led bailout of Japan's Treasury sales is masking an illiquid US debt market.
• Kaiser argues the Nvidia-led hyperscaler AI 'pyramid' is built on capital expenditure rather than forward earnings, and warns that 2x and 3x leveraged retail ETFs will be 'more than wiped out' when the trade unwinds.

Long-end Treasury yields are at crisis-era highs, with the 30-year yield hitting levels not seen since the financial crisis, according to the guest. Mannarino warns AI hyperscalers' circular accounting could collapse into 'hyper-selling,' wiping out retail investors using 2x or 3x ETFs in a sharp unwind. Foreign holders are questioning US debt safety, forcing higher yields regardless of Federal Reserve intervention, the guest argues. Mannarino calls gold and silver his preferred hedges against what he frames as a deliberate breakdown of the dollar-based credit system. The guest warns US strategic petroleum reserves, especially diesel, could trigger a national emergency within weeks if conditions fail to improve.

Are World's Elites About To DUMP Everything? | Michael Pento

• Top takeaway Kaiser frames the interview around the risk that the next financial crisis enables further government and banking power grabs — explicitly raising CBDCs, negative interest rates, and a Chinese-style social-credit system as plausible next moves.
• He pushes for revisiting the traditional 60/40 portfolio by adding gold, and references Rick Rule's stated conditions for selling gold (no more negative real rates, runaway debts, or deficits) to argue gold still has a role.

Equity market cap at 240% of GDP sits 140 points above its long-term average — a historically extreme bubble. AI capex now rests on collateralized debt and circular financing, layering fresh exposure atop $1.6T in private credit. Real estate is more unaffordable than the 2005–06 peak; investor-held supply sets up 25–30% price declines. Government debt at 123% of GDP and a near-$7T Fed balance sheet leave no margin to bail out the next crash. Gold remains a portable, divisible hedge for stagflation and CBDC risk — though it gets sold in a liquidity crisis.

Massive Crash In Real Estate & The Destruction Of America | James Wesley Rawles

• Top takeaway As host of Liberty and Finance, Kaiser structures a rapid-fire Q&A on 2026 threats to families, introduces Rawles as a recurring guest since 2013, and points listeners to the decades of resources at SurvivalBlog.com
• Kaiser brings up the COVID-era Michigan crackdown on real estate shopping as a cautionary precedent for how government restrictions can trap families before they are able to relocate

Major U.S. real estate markets could drop 5% to 50% within a year, trapping households, Rawles warns. A $40T national debt is mathematically repayable only through hyperinflation, eroding the dollar, he argues. Agentic AI (AI that acts autonomously rather than only responding) and flock camera surveillance are, he argues, eroding financial privacy and civil liberties. Relocating to lightly populated states while real estate still has value preserves the option to move, Rawles argues. Silver is more practical than gold for everyday barter in a collapse, because gold is too compact a denomination.

Globalists Are Planning For Economic Reset | Alex Newman

• Top takeaway Host Kaiser frames the episode around grassroots 'not in my backyard' resistance to AI data centers and introduces the 'planned great reset' financial-reset framing that drives the interview.
• Kaiser brings in the bailout concept attributed to Francis Hunt and G. Edward Griffin — that hyperscale private credit and private equity funding the data-center build-out will be socialized onto the public via a bailout tied to a programmable-money reset.

• Hyperscale AI data centers could demand 10–100x more electricity, the guest argues — a structural tailwind for power and grid commodities. • Trump executive orders open federal land to data centers, the host notes — expanding competing industrial uses that compress permitting for U.S. resources. • AI-driven carbon tracking could eventually require producers and suppliers to report CO2 data, the host warns — reshaping resource sector compliance burdens. • The guest's 'Great Reset' framing — private credit bubbles, programmable digital currency, and bailouts — provides context for commodity market volatility risk.

Silver Breakout: The Big Picture Most Are Still Missing | Andy Schectman

• Top takeaway The host frames the discussion as a big picture he sees shaping up, citing Rob Keens, Alistair McLeod, Ed Steer, and Mike Maloney as all converging on a bullish silver setup.
• He cites Mike Maloney's view that a suspended reality from Strait of Hormuz disruptions, Ukraine grain losses, Red Sea shipping shutdown, and Strategic Petroleum Reserve drawdowns has not yet hit, and warns famine will fall hardest on poor countries.
• He raises the Cantillon Effect, arguing the wealthy will buy assets in the coming inflationary environment while the middle class gets squeezed on essentials like food and tuition.
• He introduces a fallacy of liquidity framework, listing three examples: private equity gating, US Treasury market suppression (the recent Japan situation), and retail brokerage withdrawal limits.
• He relays a viewer question asking what form of silver bullion retail sellers should hold to avoid the coin-shop disadvantages seen during the prior price spike.

Silver just broke out of a falling wedge pattern — a technically significant move the guest expects to extend, driven by heavy central bank accumulation. Central banks have been quietly buying silver on every dip while COMEX price discovery weakens; last run-up saw forced retail selling distort prices — this time, retail buying. The Fed is trapped: rate hikes risk breaking the bond market and over-leveraged AI bets, while capped yields push inflation that ultimately lifts gold and silver. Energy, fertilizer, and shipping shocks will hit food prices with a six-month lag; wealthy absorb inflation via assets while lower-income households are squeezed. Just-in-time physical silver inventory means small demand spikes can rapidly push premiums higher; the 2026 Silver Eagle mintage has been unusually small.

"Nothing Would Surprise Me" As Currencies Blow-Up & Metals Take Over | Ed Steer

Silver is in its sixth consecutive year of structural deficit. The Silver Institute pegs it near 46 million ounces, the tightest supply backdrop in years. Open interest in $92 and $100 silver call options for October has surged to roughly 9,000-10,000 contracts, an unusually heavy bet on a non-delivery month. SLV (iShares Silver Trust) short interest fell 23% in the latest report, the steepest single drop in years and a sign of commercial unwinding. COMEX (main U.S. metals futures exchange) commercial shorts sit near record lows in silver. That setup has historically preceded major precious-metals rallies. Steer warns a short squeeze could shift price discovery from COMEX and the LBMA (London Bullion Market) to Shanghai if bullion banks buckle.

“There Is Going To Be A Problem” - Metal Shortage Could Last Decades | Ian Harris

• Top takeaway Host Dunagun Kaiser frames the show around a long-running copper supply-gap narrative, anchoring it in a Financial Times copper shortfall projection with a roughly 20-year look-forward horizon.
• Kaiser argues copper's refusal to pull back with gold, combined with a copper-to-NASDAQ ratio at a bottom, signals a rotation from overvalued equities into commodities that is starting to play out.

Copper faces a structural deposit problem — finding and permitting new mines can take 20+ years from discovery to production. Demand drivers stack up: electrification, EVs, AI data centers, and digitalization all pull on the same constrained supply. Copper now behaves like a strategic resource, with governments and majors scrambling to secure supply ahead of projected shortfalls. Copper Giant closed a $31M financing with a Trafigura-linked offtake, giving it a two-year runway to a construction decision. A pro-mining president takes office in Colombia the same day, removing the project's biggest perceived jurisdictional risk.

TOTAL CONTROL: Urgent Warning As AI Buildout Starts | Edwin Vieira Jr., PhD, JD

• Top takeaway Kaiser frames the AI and surveillance discussion through George Orwell's 1984, asking how modern data centers compare to the novel's telescreen surveillance and the goal of making subversive thought impossible.
• Kaiser grounds the conversation in Virginia-specific local politics, noting recent Democratic sweeps and visible Stop data centers lawn signs as evidence of grassroots resistance.

Guest argues AI data-center expansion targets surveillance and behavioral control, not commercial efficiency, citing Virginia siting battles. Buildout implies large new electricity demand, while guest says carbon-footprint concerns have been sidelined by the same interests now promoting AI. Vieira warns AI tools erode original thought, citing lawyers sanctioned for submitting hallucinated case citations fabricated by AI tools. Discussion extends to Federal Reserve independence, First Amendment pressure, and the difficulty of organized political pushback against concentrated power.

Breaking Point? Tether's Massive Gold Buying, Japan Crisis & AI Bubble COLLIDE | Andy Schectman

• Top takeaway The host frames the AI hyperscaling build-out as a possible investment frenzy whose slowing growth could mark the start of a broader bubble unwind.
• He questions whether private equity, margin debt, and heavy public concentration in a small number of stocks could amplify market stress.
• The host highlights Japan's bond and yen pressures, asking whether emergency support measures could affect global liquidity.
• He raises Tether's gold buying as a topic investors should examine and asks what it may indicate about well-informed actors.

The guest argues that AI infrastructure spending resembles earlier investment booms, with debt-funded expansion and uncertain revenue creating systemic risk. The guest says Japan's currency and bond-market stress could pressure global liquidity as yen-funded positions in equities and Treasuries unwind. The discussion frames Tether's reported gold accumulation, BRICS payment systems, and non-dollar commodity settlement as signs of a more multipolar financial system. The guest argues that rising yields alongside a weaker dollar would signal declining confidence in Treasuries and complicate the Federal Reserve's inflation response.

URGENT: U.S. Treasury Steps In... Is the System Cracking? | Craig Hemke

• Top takeaway Kaiser frames his investment thesis as the long-term devaluation of all fiat currency, especially the dollar, arguing gold's move from $1,000 ten years ago to $2,000 five years ago and about $4,000 now (as of August 2026) points to $8,000 and then $16,000 if the thesis holds.
• He leads with the reported AI-driven theft from Coldcard Bitcoin cold storage, arguing no one is unexposed as AI advances, and urges listeners to lock down their phone, email, credit, and brokerage accounts.
• He stresses owning real things over virtual things — saying he traveled with more cash than ever — and asks what late-career and retirement-age holders should do after years of waiting for gold and silver to revalue.
• He presses Hemke on whether higher nominal metals prices by the end of 2026 are more likely than not, and closes the episode with Miles Franklin's weekly bullion specials for August 3-10, 2026.

Hemke argues US debt doubling every 8-9 years and negative real interest rates (below inflation) keep gold's uptrend intact. An unprecedented, openly announced Treasury-Bank of Japan alliance to support the yen exposes cracks in the fiat system and bond markets. Rising Treasury yields are 'untenable' long term; Hemke says the government can only repay old debts with tomorrow's cheaper, devalued dollars. Gold is a measuring stick, not an investment that changes: its dollar price reveals the currency's lost purchasing power over decades. He expects recovery into year-end, gold in the 4,000s and silver 60-70, and advises matching metals exposure to time horizon and risk tolerance.

AI Bubble Burst = "Whole System Coming Down" | David Woo

• Top takeaway As host and producer, Kaiser frames the discussion toward gold's outlook given AI-driven flows out of equities.
• Kaiser presses Woo on where the gold price could go next given the recent sell-off and the AI bubble dynamic.

Gold has strong support around $4,000 likely from patient sovereign buyers who don't chase rallies, capping near-term downside. Real yields, not nominal yields, drive gold prices; AI-driven capex has lifted real yields, hurting gold near term. Tariffs and oil shocks triggered hiring slowdowns instead of broad inflation, as companies absorb costs rather than raise prices. An AI bubble burst driven by rising long-term Treasury yields could bring the whole system down — ultimately bullish for gold. Chinese AI models achieving parity without cutting-edge chips challenges the compute thesis underpinning Nvidia, Micron, and TSMC.

$200 SILVER This Year! Bottom Is Likely In | David Hunter

Hunter reads the recent gold and silver selloff as a classic sentiment washout, not the start of a bear market. He expects a 2027 global financial bust to force the Fed into unprecedented QE, with the 10-year ultimately headed to zero. Hunter praises Fed Chair Warsh for treating monetary policy as a portfolio manager — focused on trends, not single data points. Even with AI and semiconductors correcting, the broader market has further to run as financials and small caps rotate into leadership.

There Will Be NO SILVER If THIS Continues | Robert Kientz

• Top takeaway Signs off for Liberty and Finance (as "Kaiser Johnson") and presents the Myles Franklin weekly specials for July 27-August 3, 2026, noting all that week's specials are IRA eligible.

Kientz says China is shifting Shanghai toward physically delivered gold trading, tightening export controls and cutting paper participation to challenge Western price setting. COMEX (the main US metals futures exchange) has drained to about 27 million ounces of gold and under 100 million registered silver, he reports. Gold decoupled from consumer price inflation in 2024 and now trades as a crisis hedge, in Kientz's view. Every 40% silver correction since 1974 has rebounded to a new all-time high, supporting his case that precious metals preserve purchasing power. Twelve US states now treat gold and silver as legal tender, and model legislation aims to reach 25 states before a federal push.

COMEX Crisis & China’s Gold Revolution | Andy Schectman

China is building same-day physical gold settlement in yuan outside SWIFT, an infrastructure that could erode Western paper-leveraged price discovery. COMEX paper trades roughly 200 times the silver deliverable in a day, a leverage that record physical deliveries are starting to challenge. Central banks reportedly bought 244 tons of gold in Q1 2026 versus 16 tons reported, a 15x gap the World Gold Council flagged. Watch deliveries and central bank accumulation, not paper price, because the smartest money loads up while the public sells.

Silver Pointing To $39/oz! Here's What You Need To Know | Chris Vermeulen

Technical analyst Chris Vermeulen argues silver's Fibonacci extensions (chart targets drawn from an earlier drop and bounce) point toward $39-40 per ounce. Gold already finished its first drop; the guest sees a 100% measured move (the initial decline repeating) targeting $3,500-$3,600. A topping stock market, a strengthening US dollar, and rising oil from the Strait of Hormuz war could trigger the metals washout. Both metals are in a bear market on the guest's measures, with price below a falling 150-day moving average, so he holds cash. He expects the eventual panic selling to create one of the best long-term buying opportunities for precious metals in years.

China Says "GET OUT" To Paper Gold Market Traders | Chris Whalen

The guest argues central banks are buying gold to diversify reserves away from the dollar, and lower prices should accelerate their purchases. China is pushing paper gold traders toward physical delivery to damp price volatility, a structural shift the guest calls the evolution of Asian markets. Gold trades as a monetary asset while silver tracks industrial demand, so the two metals respond to different economic forces. Diesel and sulfuric acid costs keep climbing, and the guest argues lost refining capacity and supply nationalism point to persistent, possibly double-digit inflation. The guest warns banks have extended $1.5 trillion to private credit funds with no realistic repayment path if those loans go bad.

Japan's Crisis Could Trigger the Global Financial Reset | Alasdair Macleod

Macleod argues Japan's debt crisis and rising bond yields threaten to destabilize the global fiat currency system and accelerate demand for gold. Central banks continue accumulating physical gold as weakening Treasury demand and soaring borrowing costs erode confidence in sovereign debt markets. Energy shortages and persistent inflation may push investors toward physical precious metals as credit markets become increasingly unstable.

HUGE Event Monday Could SHAKE Silver Market | Andy Schectman

Schectman argues central banks are dumping U.S. Treasuries to accumulate physical gold, signaling a structural shift away from dollar dependency. China's halt of retail paper gold trading could force physical metal price discovery, potentially tightening the physical silver and gold markets. Schectman warns that simultaneous bubbles across equities, housing, and government debt create compounded risks that may drive investors toward precious metals.

No More Paper Gold in Asia? Everything Changes | Andy Schectman

The guest argues a years-long buildout of vaults, exchanges, and settlement systems is shifting price discovery (how markets set price) toward physical metal. Each reduction in paper leverage makes the physical market more influential over time, though an immediate price jump remains possible. The guest frames the recent pullback as China's levered paper positions unwinding, plus a chance for major buyers to accumulate physical. Chinese retail investors losing margin accounts (trading with borrowed money) will pick ETFs (exchange-traded funds) or bars; the guest expects bars.

Insiders Are Betting Millions On Gold Reset By Year-End | Ed Steer

• Top takeaway The host frames the interview around whether the big out-of-the-money gold call buying and China's Shanghai Gold Exchange move point to a year-end price reset, suggesting investors who are down in the dumps should reconsider the bullish case.
• He raises Michael Oliver's $300-$500 silver call and asks Steer to connect it with the shift of pricing power from West to East.

Traders have placed tens of millions into December gold call options at strikes from $6,000 to $20,000, betting on sharply higher prices. Commitment of Traders data (who is long or short) shows big commercial shorts growing even as prices fell, meaning new buyers keep absorbing. The guest argues January's silver crash, driven by bid-pulling and margin hikes, was a foreshock of a broader precious metals price reset ahead. Three banks ending naked (unbacked) futures selling on the Shanghai Gold Exchange signals pricing power shifting from Western paper markets to Asia. Whoever is writing these deep calls faces huge losses if gold reaches those levels, which is why the guest watches the short side.