Rick Bensingor & Dan Steffens - Is Gold Ready to Explode? Plus, Top Oil Stock Picks
The KE Report May 23, 2026
Summary
Rick Bensignor maintains a structurally bullish long-term outlook on gold due to currency devaluation but warns of a near-term correction driven by a potential US dollar short-squeeze.
Dan Steffens highlights a structural supply-demand squeeze in the oil market, noting staggering SPR drawdowns and recommending unhedged North American producers.
Technical charts indicate global interest rates have bottomed, physical oil risks skew heavily to the upside, and the US equity market is flashing exhaustion signals.