Dr. Thomas Kaplan, Chairman of The Electrum Group and one of the most influential gold investors of our time, joins Jeremy Szafron for a high-impact conversation on gold, silver, mining policy, and monetary upheaval. Kaplan says the current alignment of macro risk, central bank behavior, and U.S. policy is “the best setup I’ve ever seen” for precious metals – and warns the dollar is being dangerously misplayed.
In this exclusive Kitco News interview, Kaplan explains why jurisdictional risk now trumps geology, how a new “onshoring” era could favor American gold, and why $10,000 gold and triple-digit silver are no longer far-fetched targets. With hedge funds positioning long, central banks stockpiling, and the Federal Reserve under pressure, Kaplan outlines a thesis that has billionaires – and long-term allocators – paying attention.
Key topics:
-$10K gold, triple-digit silver: Kaplan’s bold forecast
-Why U.S. gold policy is at a turning point
-Onshoring, Alaska, and America’s next great mining map
-Why jurisdictional risk matters more than geology
-Kaplan’s long thesis on silver as a strategic asset
-Is gold front-running the Fed pivot?
-The Electrum strategy: conviction, patience, and positioning
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00:00 Introduction
01:39 Gold’s Asymmetric Setup
04:26 Gold as a Long-Term Investment
07:13 Central Banks and Gold
10:36 Geopolitical Impacts on Gold
23:05 US Mining Policy and Opportunities
27:50 Exploration Potential and Future Prospects
29:37 Geopolitical Implications of Gold Reserves
30:41 China’s Gold Strategy and US Benefits
31:42 Investment Strategies in Gold and Silver
37:11 Jurisdictional Risks in Mining
40:01 The Future of Silver as a Strategic Metal
45:48 Final Thoughts
#Gold #Silver #ThomasKaplan #KitcoNews #Mining #Dollar #Inflation #Fed #Trump #CentralBanks #Alaska #Donlin #Macro #MonetaryReset #Recession
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