Kitco Crypto

Mining Profits Surge, But Stocks Aren’t Following | Feneck John Feneck, Founder & CEO of The Feneck Commodities Report, joins Kitco Mining’s Digging Deep as gold and mining equities pull back amid ongoing geopolitical tension in the Middle East. Speaking with Paul Harris, Feneck said the recent weakness does not signal a breakdown in the trend, but a buying opportunity within a broader bull market. “This is a buying opportunity,” he said. >> Full video at Kitco Mining: youtube.com/watch?v=bBOdEL… Feneck highlighted a growing disconnect across the sector, with major producers like @NewmontCorp and @kinrossgold generating record free cash flow, while many junior gold stocks are down 25% to 40% since early March. He said that gap, combined with constrained global gold production, could drive increased M&A activity as majors look to secure new ounces. At the same time, some major banks continue to forecast gold in the $5,300 to $6,000 range over the next 9 to 12 months, while larger-scale deposits are increasingly required to attract serious interest. The discussion also covers silver supply deficits, China’s growing role in critical minerals, and the return of capital to the sector through major financings and IPOs. Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:23 - Geopolitics and Gold Pullback 01:48 - Record Producer Cash Flow Surge 03:54 - Flat Supply and Rising M&A Pressure 05:15 - Yukon Turnaround and Undervalued Juniors 07:52 - Why 5Moz Is the New Benchmark 09:09 - Permitting Risks and PEA Pitfalls 12:14 - Ross Beaty IPO and Capital Return 15:04 - Nickel Market Rebound and Supply Shifts 17:56 - Rare Earth Deal and Strategic Demand

1/ Bitcoin is trading above the daily TBO Cloud and making higher local highs The daily RSI has broken overhead resistance and closed at 75.95 A sustained RSI close above this level could target the next TBO resistance near 86,184 Volume on the uptrend remains subdued

BTC is pushing into a very frothy breakout, with RSI making higher highs and the daily chart still in strong bullish mode. Ethereum has finally closed above resistance, but still needs stronger volume confirmation before this rally looks truly sustainable. Bitcoin dominance remains the big chart to watch, especially if BTC, ETH, and BTC.D all close above their key RSI resistance levels. Stablecoin dominance is breaking down hard, which is bullish for risk assets short term, but also raises the odds of a sharp pullback if conditions get too overheated. TradFi is giving mixed signals: DXY is still trying to form higher lows, USD/JPY may be nearing another key rejection zone, equities are squeezing higher on weak volume, and the Nikkei is making new highs. Oil is rolling over, while gold and silver are pushing up with suspiciously weak volume. The main takeaway is account preservation. Markets are heating up fast, but May and June are historically tricky, and bottom-year rallies can still roll over hard. Protect your portfolio, manage emotions, and do not chase overextended charts without a plan. 00:00 BTC RSI breakout and overheated market conditions 01:13 ETH closes above resistance, but volume still matters 02:09 Bitcoin dominance and Bitcoin season risk 03:00 Stablecoin dominance breakdown and pullback warning 04:31 TOTALES, TOTALE50, TOTALE100, and altcoin strength 05:26 DXY, USD/JPY, and S&P futures 07:41 Tesla and NVIDIA setups 09:20 VIX and Nikkei breakout 10:15 Oil, gold, silver, and weak volume signals 11:50 Account preservation and bottom-year thesis 12:48 TBO and Better Traders Journal 13:44 Viewer chart requests and market picks 14:23 TRX, DOGE, LINK, and ZEC 19:42 ETC, ONDO, MORPHO, DASH, VIRTUAL, and FARTCOIN 21:19 BIANRENSHENG, M, DEXE, HYPE, TON, and ICP 23:17 ALGO, RENDER, STX, CFX, H, PYTH, VVV, PENDLE, PLUME, and HBAR 26:15 Stock picks: Intel, RGTI, D-Wave, IONQ, Intuit, Seagate, and Amazon

Bitcoin approaches critical support as crypto markets brace for capitulation #Bitcoin recently declined to TBO support near $65,000 after breaking out of a short-term bear flag, echoing its December behavior. A genuine bear flag would involve a rejection at the previous support around $71,000—7% above current levels—but this scenario is deemed unlikely in the immediate term. More probable is a pivot at yesterday’s low (~$65,872), in line with the TBO support level on the daily chart... Full story at Kitco: kitco.com/opinion/2026-0…

China Ban Triggers 100% Gain: Why This Critical Metal Doubled In 90 Days While the White House launches "Project Vault" and the Treasury talks down gold prices as a "speculative blow off," major banks are quietly raising their targets to record highs. John Feneck of Feneck Consulting joins Jeremy Szafron to expose the massive disconnect between Washington’s rhetoric and Wall Street’s bets. > Full video at Kitco News: youtube.com/watch?v=Si_s01… Feneck breaks down the "insane" 100% price explosion in Tungsten following China's export ban on January 1st, 2026. He identifies the specific US defense stocks poised to benefit from this critical shortage and explains why the recent 29% "flush" in Silver was a margin-driven gift for smart investors. Recorded on February 9, 2026 Follow Jeremy Szafron on X: @JeremySzafron ( / jeremyszafron ) Follow Kitco News on Twitter: @KitcoNewsNOW ( / kitconewsnow ) Follow John Feneck on Twitter: @FeneckConsult ( / feneckconsult ) IN THIS INTERVIEW: -The Narrative War: Why Treasury Secretary Bessent calls gold a "bubble" while JP Morgan and Goldman Sachs target $6,000. -The Tungsten Crisis: How China’s export ban triggered a doubling of prices in just 90 days. -Stock Picks: Specific buy ratings for Guardian Metal, American Tungsten, Paramount Gold, and Power Nickel. -Silver Volatility: Why the "brutal" Jan 30th crash was a buying opportunity, not a sell signal. CHAPTERS: 0:00 - Intro: Project Vault vs. The Banks 1:02 - Bessent Calls #Gold a "Bubble" (But JPM Says $6,000) 2:45 - The #Silver "Liquidated": Why It Crashed 29% 3:50 - "We Are Just PAs": Manipulation & The Banks 5:50 - THE #TUNGSTEN EXPLOSION: China’s Export Ban Explained 7:20 - Top Defense Stock Picks: Guardian, American Tungsten & Spartan 9:30 - Paramount Gold: Buying The Oregon Permit News 13:10 - Highlander Silver & Bear Creek: The Bull Case 15:40 - Hecla Mining & The Major Silver Producers 18:50 - Copper Strategy: Why Power #Nickel is a "Rifle Shot" 20:55 - Macro Outlook: "Terrible" Payrolls & The Fed 22:15 - "This Is Not A #Casino": Buying The Flush Strategy

After #Gold successfully made a higher low (above $4600, as we mentioned in our previous post), Gold is now back at the $5100 resistance zone for another crack at breaking through, and looking strong. x.com/KitcoNewsNOW/s…

As is typical after big drops, #Gold is having a massive rebound. Let's see how it behaves when things calm down a bit. All signs still point toward strength for gold, and the other precious metals.

Rick Rule on Debt, Inflation, and the Real Drivers of the Gold Market Rick Rule, President & CEO of Rule Investment Media, joins Kitco Mining’s Digging Deep with Paul Harris to explain why he believes the strength in precious metals reflects a long-term erosion in purchasing power, not a short-term cycle. Rule argues that #gold performs best when confidence in fiat-denominated savings breaks down, noting “a gold bull market and conversely a bond bear market has been underway since the year 2000,” driven by persistent negative real interest rates and growing fiscal strain. >> Watch the full interview at Kitco Mining: youtube.com/watch?v=Gg7g6z… Rule also explains why he reduced his physical silver exposure and rotated into #silver equities, arguing the opportunity now lies in valuation gaps rather than chasing the metal itself. He outlines why mining companies could surprise on earnings and cash flow as analyst assumptions lag reality, and why expanding margins, not headline prices, ultimately drive long-term value in the sector. In this interview, Rick Rule also discusses: - Why debt, deficits, and unfunded liabilities continue to erode purchasing power -Why inflation, not default, is the most likely path governments use to manage obligations -The widening gap between metal prices and mining equity valuations -How royalty and streaming companies may prioritize growth over dividends Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews. 00:52 — Macroeconomic Risks and the Case for Gold and Silver 03:10 — Debt, Real Interest Rates, and Gold’s Long-Term Outlook 11:47 — Producer Earnings, Margins, and Analyst Assumptions 15:41 — Risk Management, Silver Stocks, and Investment Strategy 32:25 — Global Policy, Critical Minerals, and Mining Capital Allocation 41:30 — Final Thoughts on Precious Metals and the Cycle Ahead

How will the US action against #NicolasMaduro and #Venezuela affect #Bitcoin going forward?

"We'll see triple digit silver. I think that's pretty much a certainty." @RonStoeferle talks #silver with Kitco's @JeremySzafron ... Watch the full video here: youtube.com/watch?v=4hQUqO…

The Fed Quietly Halted QT On Dec 1st - Lyn Alden Warns ‘The Gradual Print’ Begins youtube.com/watch?v=DGU-eP…

That sharp spike & steep drop in #Silver (that we just went through) had all the hallmarks of a Bear Trap, it would seem.

Ran Neuner: The ‘Mysterious’ Bank Game That Crushed Bitcoin & The Exact Trade For 2026 youtube.com/watch?v=YAxWJ5…

Bitcoin holds at $87k as volume lags: Crypto and macro market outlook #Bitcoin (BTC) has held near $87,000 following its bounce from $80,000, but daily volume on Binance remains muted, suggesting limited conviction behind the move... >> Read the full commentary at Kitco: kitco.com/opinion/2025-1… @MooninPapa

Mark Moss: The "Structured Seller" Dumping Bitcoin Every Day at 9:30 AM youtube.com/watch?v=sGOsXq…

Jack Mallers: Massive Rotation Leaves 50% of Bitcoin Underwater Ahead of Liquidity Pivot youtube.com/watch?v=j5PciT…

Jack Mallers: Massive Rotation Leaves 50% of Bitcoin Underwater Ahead of Liquidity Pivot Bitcoin has triggered a "smoke alarm" for the global economy. With the price hovering around $90k, Jack Mallers (CEO, Strike & 21 Capital) joins Jeremy Szafron to explain why "over 50% of Bitcoin holders are now underwater" and argues this is a necessary market flush before the next leg up. In this exclusive interview, Mallers predicts the "liquidity cycle bottoms on December 1st" when Quantitative Tightening (QT) officially ends. He also opens up about the "Treasury Wars," offering a sharp critique of Strategy Inc.’s (formerly MicroStrategy) preferred stock model - calling it "dubious" and "a really expensive bill to pay" - and explains how Twenty One Capital is building a treasury based on cash flow rather than perpetual debt. >> Watch the full interview at Kitco: youtube.com/watch?v=j5PciT… Recorded on November 18, 2025 Follow Jeremy Szafron on X: @JeremySzafron Follow Kitco News on X: @KitcoNewsNOW Follow Jack Mallers on X: @jackmallers Chapters: 00:00 Introduction and Market Overview 00:48 Interview with Jack Mallers: Market Volatility 01:34 Liquidity and Market Dynamics 04:24 Bitcoin's Role and Future Expectations 05:54 ETF Impact and Market Reactions 17:58 Treasury Models and Financial Engineering 18:26 21 Capital's Approach and Market Philosophy 21:40 Ambitions of a Treasury Company 22:19 Bitcoin Holdings and Strategy 23:13 Leveraging and Financing Plans 25:55 Tether's Gold Royalty Push 26:35 Tether's Vision and Strategy 34:56 Bitcoin's Role in the Financial System 37:38 Market Dynamics and Institutional Involvement 41:04 Bitcoin-Backed Lending and Future Prospects

We're Going Through a Monetary Revolution Kitco's @JeremySzafron talks with @DominicFrisby. >> Watch the full interview at Kitco: youtube.com/watch?v=oJ6XTv…