Video News/In Focus with Jeremy Szafron

A new wave of “disruptive capital” is coming for gold, says Brett Heath, CEO of Metalla Royalty & Streaming. Speaking with Kitco News Anchor Jeremy Szafron, Heath said Tether is just “the first” among major crypto players moving into the gold sector. He describes this as part of the “Great Rebalance,” a $370 trillion shift out of financial assets and into tangibles like gold. Heath explained that as global capital rotates away from U.S. Treasuries, “gold will need to reach $6,000 to $8,000 an ounce” to accommodate the revaluation already underway. Despite record prices, Heath argues the “mania phase has not even started yet,” calling this one of the most overlooked bull markets he has seen. He believes the royalty and streaming model will continue to outperform miners in this cycle and says the growing overlap between digital assets and gold is only the beginning of a much larger capital transformation.