Former Wall Street FX Chief David Woo breaks down the real financial impact of the US-Iran deal, why the AI bubble is the market's biggest threat, and how it all sets up the next major rotation into gold.
Jeremy Szafron, Senior Anchor at Kitco News, sits down with David Woo to cut through the mainstream relief rally. Woo explains why the recent Middle East peace deal is a strategic blow to dollar dominance, how government regulation and Chinese commoditization (DeepSeek) are creating cracks in the "House of AI," and why incoming Fed Chair Kevin Warsh will be forced to sound incredibly hawkish. Plus, a deep dive into the thesis behind his new novel, the reality of SpaceX's valuation, and why he believes the next institutional capital rotation will heavily favor safe havens.
Recorded June 15 2026
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CHAPTERS:
0:00 The Book Paul Tudor Jones Recommends
0:31 Meet Former Wall Street FX Chief David Woo
1:08 The US-Iran Deal: A Complete Capitulation
3:33 What The Market Is Missing About Oil
5:15 Why Gold Is The Ultimate Dollar Hedge
6:39 The US Defense Debt Spiral
8:30 Is The US Dollar Propped Up By Tech?
9:53 The First Crack In The AI Bubble
14:12 How China Will Commoditize AI
17:10 The Global Tech Battleground
20:23 The Truth About Globalization
22:46 Wall Street: Better Lucky Than Right?
26:52 The Economic Root Of Political Populism
29:24 The Voters Wall Street Forgot
29:43 The Next Massive Economic Blind Spot
30:29 The Danger Of Recursive AI Learning
32:20 Why Tech Companies Can't Monetize AI
33:43 The Catalyst That Will Pop The Bubble
35:21 The Reality Of SpaceX's Valuation
37:33 Kevin Warsh And The Federal Reserve
40:59 How The AI Wealth Effect Drives Inflation
43:04 Real Yields: What Gold Is Actually Fighting
45:23 Oil Prices And The Bond Market Lag
47:12 The 'Very Bullish' Setup For Gold
49:55 Why Central Banks Buy Gold, Not Silver
51:48 Geopolitics Has Replaced Economics
53:47 How To Survive The Next Market Cycle
#DavidWoo #KitcoNews #Gold #USInvestments #AIBubble #USIranDeal #FederalReserve #Macroeconomics
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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.
