We’re Facing the Most Critical Geopolitical Time Since WW2 Warns Billionaire Mogul

"We are probably in the most challenging time from a geopolitical standpoint that we have seen from the end of the second World War," warns Dr. Thomas Kaplan, mining mogul and chairman of NOVAGOLD. "We are very much in uncharted waters. A reset of some kind is looming," he tells Daniela Cambone. "Even against the almighty dollar, gold has performed extremely well... We now know central banks are buyers of gold," Kaplan states. "The Fed buying gold is the equivalent of insider buying. No one knows better than they do, the fragility of all other assets," he says. "The price chart of gold is wildly bullish. If crypto is gold 2.0, it turns out that gold 1.0 is pretty great," he continues. "The United States does not really care about the value of the dollar. They do care about the world reserve status, but not enough to make the long-term sacrifices to keep," Kaplan asserts. "Gold's next equilibrium range will be between $3,000 [and] $5,000, and it will happen much fast than people think similar to how fast people adapted to crypto," he concludes.

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00:00 The current state of the world today
3:17 The status of gold
5:30 Why isn’t there a $2,000 in gold?
10:17 The “Gold bug” mentality
11:13 Central banks’ gold demand hits record high
13:15 New gold buyers have emerged
14:08 Why wouldn’t China tell us their number of gold purchased?
16:10 China’s gold storage ambition
18:36 What is the U.S. doing to safeguard the dollar?
20:03 U.S.’s reserve currency status
22:12 A new monetary reset
22:48 Why chose gold?
25:47 What's it going to take for gold to lift off
30:20 Volatility, Gold & Crypto
34:12 Novagold
45:24 Opportunities within the mining industry
46:54 Thomas Kaplan's life advice