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Kitco NEWS · July 28 · 25 min

Four Experts Split on Gold, United on One Warning | This Week 'In Focus'

Gold spent the week whipsawing around $4,000, and four very different experts gave Kitco four very different reads on why, and what happens next. They don't agree on the path. They do agree it's about something bigger than gold. In this week's This Week in Focus, Kitco's Jeremy Szafron pulls the threads together: technical analyst Gary Wagner on the two levels that now define the range and why he walked back his $6,000 call; veteran trader Clem Chambers on why he thinks the bottom isn't in and why "gold is for war"; former BlackRock portfolio manager Ed Dowd on the road to $10,000 gold and how a private-credit crisis could reach ordinary pensions; and constitutional scholar William Watkins on the 1933 gold call-in, the "shell game" behind the dollar, and why sound money was meant to make war expensive. This episode was recorded July 23, 2026. Market levels move fast, check live prices at (https://www.kitco.com) 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.

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show notes

Gold spent the week whipsawing around $4,000, and four very different experts gave Kitco four very different reads on why, and what happens next. They don't agree on the path. They do agree it's about something bigger than gold.

In this week's This Week in Focus, Kitco's Jeremy Szafron pulls the threads together: technical analyst Gary Wagner on the two levels that now define the range and why he walked back his $6,000 call; veteran trader Clem Chambers on why he thinks the bottom isn't in and why "gold is for war"; former BlackRock portfolio manager Ed Dowd on the road to $10,000 gold and how a private-credit crisis could reach ordinary pensions; and constitutional scholar William Watkins on the 1933 gold call-in, the "shell game" behind the dollar, and why sound money was meant to make war expensive.

This episode was recorded July 23, 2026. Market levels move fast, check live prices at (https://www.kitco.com)

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.