\u201cWe will see over the years the dollar absolutely collapse against the one currency that does not represent anyone else’s sovereignty\u2026and that is gold,\u201d says Dr. Thomas Kaplan, CEO and Chairman of NovaGold. In today\u2019s interview, he tells Daniela Cambone that all fiat currencies are inherently flawed and refers to the U.S. dollar as \u201cdouble-ply toilet tissue.\u201d Despite recent price increases, Kaplan believes gold is still in the \u201cfoothills\u201d of a broader bull run. \u201cWe will look back on $3,000 gold as a complete gift\u2026 the same way as we look back now on the Dow at 3,000 in the late ’80s as a gift,\u201d he says. On the recent ECB’s warning about gold, Kaplan sees it as further support for the bullish case. He emphasizes that the rising demand for physical settlement\u2014not just futures contracts\u2014could create a supply squeeze and trigger a major price surge. Watch the full video to learn more.<\/p>\n
Tom Kaplan\u2019s $1 Billion Gold Bet\u2014and What It Means for Your Financial Future<\/strong> Billionaire investor Thomas Kaplan<\/strong> just made one of the boldest moves in the gold market we\u2019ve seen in years\u2014and he\u2019s doing it alongside legendary fund manager John Paulson<\/strong>. Together, they\u2019re acquiring Barrick Gold\u2019s 50% stake in the Donlin Gold Project<\/strong> in Alaska for a staggering $1 billion.<\/p>\n On a recent episode of The Daniela Cambone Show<\/em>, Kaplan sat down with Daniela Cambone<\/strong> to unpack this historic deal\u2014and deliver a sobering warning about the fragility of fiat currencies<\/strong>, global debt<\/strong>, and the coming gold bull market.<\/p>\n At ITM Trading<\/strong>, we specialize in helping Americans over 50 protect their wealth from economic instability, inflation, and government overreach. Kaplan\u2019s insights align closely with our mission\u2014and what we\u2019ve been warning about for decades.<\/p>\n Kaplan described Donlin as \u201cthe best gold development story in the world\u201d\u2014and he\u2019s not alone. RBC projects it could produce 1 million ounces of gold per year for 30 years. With over 39 million ounces in proven reserves<\/strong>, plus another 6 million inferred, this mine dwarfs almost every other known deposit.<\/p>\n But it\u2019s not just size that drew Kaplan and Paulson. It\u2019s jurisdictional safety<\/strong>.<\/p>\n \u201cI\u2019ve made serious money in places like Bolivia, Zimbabwe, and South Africa,\u201d Kaplan explained. \u201cBut I concluded those days are over. If I\u2019m right about where gold is going, the tragedy would be to get the asset right\u2014but lose it to nationalization.\u201d<\/p>\n That\u2019s why Alaska<\/strong>, the second-largest gold-producing state in the U.S., is so strategic. It\u2019s stable, resource-rich, and\u2014crucially\u2014secure.<\/p>\n Kaplan and Paulson\u2019s billion-dollar bet comes amid record central bank gold buying<\/strong>, growing concerns about currency devaluation<\/strong>, and increasingly erratic global leadership.<\/p>\n \u201cGold is becoming both precious and strategic,\u201d Kaplan said. \u201cIf gold prices rise dramatically, nations that control gold mines will try to harness that cash flow.\u201d<\/p>\n That\u2019s why location matters more than ever. In volatile jurisdictions, governments are already seizing control of mining assets<\/strong>, as seen in Mali and other parts of Africa. Even democratic countries may feel pressure to \u201cdo something\u201d with their domestic gold resources as fiat currencies falter.<\/p>\n At ITM Trading, this validates what experts like David Morgan<\/strong> and Daniela Cambone<\/strong> have long said: physical gold and silver are your lifeboat when governments lose control<\/strong>.<\/p>\n Kaplan believes gold is still in the foothills of a bull market<\/strong>. While the metal recently crossed $3,000 an ounce, he argues that\u2019s just the beginning.<\/p>\n \u201cIf I\u2019m right, we\u2019ll look back on $3,000 gold as a gift\u2014just like we look back on the Dow at 3,000 in the 1980s as a missed opportunity,\u201d he said.<\/p>\n Citing his early calls in energy and metals, Kaplan sees a confluence of historical, economic, and geopolitical forces pushing gold much higher. His initial target range? $3,000\u2013$5,000<\/strong>. But if the global monetary system continues to fray, he believes $20,000 gold<\/strong> isn\u2019t out of the question.<\/p>\n Kaplan also reacted to the European Central Bank\u2019s (ECB)<\/strong> recent warning that the gold market could become a threat to financial stability. Their concern? That increasing demand for physical delivery could cause a market freeze.<\/p>\n \u201cThe ECB basically made the bull case for gold,\u201d Kaplan said. \u201cIf people stop settling with paper and demand the real thing, there won\u2019t be enough to go around.\u201d<\/p>\n He referenced the 1980 silver squeeze and the recent scramble to move gold between vaults in London, Switzerland, and New York as early signs of what’s coming. The takeaway? If you don\u2019t hold it, you don\u2019t own it<\/strong>.<\/p>\n At ITM Trading, we specialize in helping clients acquire physical precious metals<\/strong>\u2014stored privately, securely, and outside the vulnerable digital system.<\/p>\n If billionaire investors like Kaplan and Paulson are going all-in on gold\u2026 and if central banks are buying at record rates\u2026 and if global debt is spiraling out of control\u2026<\/p>\n What should you<\/em> be doing?<\/p>\n Here\u2019s what Kaplan said:<\/p>\n \u201cWhen John Paulson calls Donlin the best way to play gold\u2019s next big move, you need to pay attention. If you believe in gold, you better own the metal\u2014and you better own it where it can\u2019t be taken from you.\u201d<\/p>\n<\/blockquote>\n At ITM Trading<\/strong>, we help clients:<\/p>\n Acquire physical gold and silver<\/strong> to hedge against inflation and currency risk<\/p>\n<\/li>\n Build diversified, resilient portfolios<\/strong> with real, tangible assets<\/p>\n<\/li>\n Protect their privacy and wealth outside of the volatile paper markets<\/p>\n<\/li>\n<\/ul>\n With over 28 years of experience and expert insight from leaders like David Morgan<\/strong> and Daniela Cambone<\/strong>, we give you the tools and guidance to own gold the right way<\/strong>\u2014before the squeeze hits.<\/p>\n Thomas Kaplan believes we\u2019re on the verge of one of the greatest bull markets in history\u2014and he\u2019s backing that belief with billions.<\/p>\n If you\u2019ve been waiting for the right time to enter the gold market, this is your moment<\/strong>.<\/p>\n 👉 Download your free gold & silver strategy report at DannyReport.com<\/a><\/strong>
Exclusive insights from The Daniela Cambone Show, presented by ITM Trading<\/em><\/p>\n
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\nA Once-in-a-Generation Gold Project<\/h3>\n
\nWhy Central Banks and Billionaires Are Betting on Gold<\/h3>\n
\nWhy Gold Is Just Getting Started<\/h3>\n
\nPaper Gold vs. Physical: The Coming Squeeze<\/h3>\n
\nWhat Does This Mean for You?<\/h3>\n
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\nITM Trading: Helping You Prepare for What\u2019s Next<\/h3>\n
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\nFinal Thoughts and Call to Action<\/h3>\n
Or schedule a consultation with an ITM Trading expert<\/strong> and discover how to protect and grow your wealth with physical gold and silver.<\/p>\n
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