Episode Details

Jeff Weniger, Head of Equity Strategy at WisdomTree, joins Kitco News Anchor Jeremy Szafron to break down the extreme volatility in the precious metals market and explain why holding zero percent in gold is a massive portfolio risk. Weniger analyzes the lagged effect of Federal Reserve policy, noting that "Jay Powell gave a gift to precious metals" 19 months ago, and explains why that liquidity is still fueling risk assets today.

The discussion covers the 78 percent surge in Chinese silver imports, the resilience of the consumer against $106 oil, and why the recent breakout in copper signals global economic expansion. Weniger also addresses the safe haven debate, pointing out how "Bitcoin decided to die on the vine during the two s and p selloffs" while physical gold proved its worth as a true portfolio diversifier.

Recorded April 24 2026

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00:00 Metals Volatility Setup
01:08 Silver Swings China Demand
03:08 West vs East Metals Mindset
03:48 Bitcoin vs Gold Diversifier
05:09 ETF Flows Still Zero
06:53 Fed Cuts Lagged Liquidity
10:04 Yields Inflation Policy Path
14:27 Gold Share Portfolio Risk
17:48 Where Allocation Comes From
19:52 Oil Shock Without Recession
26:00 Dr Copper Expansion Signal
26:41 Why Zero Metals Is Mistake
29:58 Closing Thanks Subscribe

#Gold #Silver #PreciousMetals #KitcoNews #Investing #Economy #FederalReserve #Bitcoin #Commodities #Macroeconomics #WealthManagement
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Disclaimer:  
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.

Disclaimer:  
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.