Kitco NEWS

16/12/2025

Larry McDonald Reveals The Shadow Liquidity Operation Keeping Markets Alive

In this Outlook 2026 special, Jeremy Szafron sits down with Larry McDonald, founder of The Bear Traps Report, to break down the "Regime Change" hitting marke...

15/12/2025

Larry McDonald Reveals The Shadow Liquidity Operation Keeping Markets Alive

In this Outlook 2026 special, Jeremy Szafron sits down with Larry McDonald, founder of The Bear Traps Report, to break down the "Regime Change" hitting markets. Larry warns that a credit accident has already started, citing the collapse of the First Brands DIP loan (trading in the 30s) and the CoreWeave bonds (yielding 12%) as proof that underwriting standards have failed.

They discuss the "New Axis" of power in Washington, why the "Quarterly Liquidity" promise in private credit is the next Lehman-style risk, and why capital is about to rotate from the $32 Trillion Nasdaq 100 into the "bombed-out villages" of Hard Assets ( , , Coal). Plus, actionable deep-value trades on Diageo, Schlumberger, and Brazil.

>> Watch the full video at Kitco:
https://www.youtube.com/watch?v=yOqZP2nm_VY

Recorded on December 15 2025

This Outlook 2026 segment is brought to you by . Combining high-quality gold production with one of the world's largest undeveloped silver deposits. Learn more at (https://discoverysilver.com)

00:00 – The Credit Accident & The Fed’s $200B "Bazooka"
02:15 – "Pure Madness": Restarting QE at Full Employment
05:30 – The "Shadow Fed": Fannie & Freddie Liquidity Up 25%
08:20 – The Private Credit Crisis: First Brands DIP & CoreWeave
13:30 – The "Quarterly Liquidity" Trap: The Next Lehman Moment?
16:20 – The Great Rotation: $32T Nasdaq vs. Commodities
18:30 – AI Valuation Absurdity: 34 Rio Tintos in 1 NVIDIA
22:00 – Deep Value: Why GM & Diageo Are "Tax Loss" Buys
24:30 – The $42 Billion Robotaxi Alcohol Thesis
27:00 – Natural Gas: The FCG ETF & Free Cash Flow Yields
33:00 – vs. : When to Rotate?
36:00 – Oil Services: Schlumberger & The "Gulf of America"
37:45 – The Brazil Opportunity: 15% Real Rates

15/12/2025

Gold’s rally to $5,000 in 2026 will outperform U.S. dollar and bonds - Société Générale

 will continue to outperform U.S. bonds and the greenback through 2026, which is why one major bank is maintaining its maximum allocation and recommends that investors buy the precious metal on dips.

>> Read the full story at Kitco:

https://www.kitco.com/news/article/2025-12-15/golds-rally-5000-2026-will-outperform-us-dollar-and-bonds-societe-generale

This Outlook 2026 segment is brought to you by . Combining high-quality gold production with one of the world's largest undeveloped silver deposits. Learn more at (https://discoverysilver.com)

15/12/2025

Triple-digit is now a "certainty." In this Outlook 2026 special, Ronald-Peter Stöferle, Managing Partner at Incrementum AG, breaks down why the "Golden Decade" is entering its aggressive second half—and why investors need to abandon the traditional 60/40 portfolio immediately.

15/12/2025

is on a mission... Another powerful move higher

15/12/2025

Wall Street bereft of gold bears after Fed cuts and T-bill purchases, Main Street leans more bullish as price holds near $4,300/oz

After building a firm base near $4,200, gold got its highly-anticipated boost from the Fed rate cut on Wednesday, and even a late pullback couldn’t prevent the yellow metal from delivering another strong weekly performance.

The latest Kitco News Weekly Gold Survey showed Wall Street all in on ’s near-term prospects, while Main Street investors added modestly to their bullish majority bias: ...

>> Read the full story at Kitco:
https://www.kitco.com/news/article/2025-12-12/wall-street-bereft-gold-bears-after-fed-cuts-and-t-bill-purchases-main

14/12/2025

Gold and silver divergence amidst upward momentum

Both and are closing the week in the green and in record territory. Silver futures are ending the week up $3.34 or 5.68% at $62.13 a record weekly close for the precious white metal. Gold futures gained $103.50 or 2.45% this week at the time of writing are trading around $4,332, also the highest weekly close on record for the precious yellow metal...

>> Read more at Kitco:
https://www.kitco.com/opinion/2025-12-12/gold-and-silver-divergence-amidst-upward-momentum

13/12/2025

Why Silver Becomes the Most Critical Metal in 2026

Clem Chambers says silver is turning into a strategic metal as AI demand explodes and sovereigns race to secure supply, raising the question - who gets left ...

13/12/2025

Gold can hit $5,000, but don’t expect to see another 65% gain in 2026

“Gold’s record-breaking rally, fuelled by geopolitical uncertainty and concerns about easing fiscal policies worldwide, has lifted the price of the precious metal by over 50% this year and by more than 150% over the past three years,” he said. “We have a strong conviction that will outperform global stocks and bonds again in 2026.”

>> Read the full story at Kitco:
https://www.kitco.com/news/article/2025-12-12/gold-can-hit-5000-dont-expect-see-another-65-gain-2026

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Sponsored by Discovery Silver Corp. - Learn more about the company, its latest news, and investor materials. Visit https://discoverysilver.com/?utm_source=fb-instagram&utm_medium=social&utm_campaign=kitco-outlook-2026

13/12/2025

Gold and silver may be overbought in 2026, but still underowned

It’s that time of year once again, as Kitco News launches its annual Outlook series. The news team is putting together comprehensive features and interviews that will help investors prepare for the new year.

Of course, the biggest question on everyone’s mind is whether and ’s momentum can last. The precious metals are looking to end the year on an unprecedented bullish run...

>> Read the full story at Kitco:
https://www.kitco.com/news/article/2025-12-12/gold-and-silver-may-be-overbought-2026-still-underowned

12/12/2025

Silver to $100: Here’s Why Triple Digits Look ‘Certain’ | Ronald Stöferle

Triple-digit silver is now a "certainty." In this Outlook 2026 special, Ronald-Peter Stöferle, Managing Partner at Incrementum AG, breaks down why the "Golde...

12/12/2025

Some trend-line based price targets for gold in 2026

(Kitco Outlook 2026) The year 2025 has been very good to the market bulls, as Comex futures prices have gained around $1,700 so far this year. Will the coming new year be as kind to the yellow metal?

Given that this year’s price gains in gold are set to be the biggest ever, it would be a very tall order to expect gold price action in 2026 to be stronger than in 2025. But one really never knows—especially in the endeavor of trying to analyze and forecast raw commodity markets prices...

>> Read the full story at Kitco:
https://www.kitco.com/news/article/2025-12-12/some-trend-line-based-price-targets-gold-2026

Sponsored by Discovery Silver Corp. - Learn more about the company, its latest news, and investor materials. Visit https://discoverysilver.com/