Video News/In Focus with Jeremy Szafron

David Woo, CEO of David Woo Unbound and author of Merry-Go-Round Broke Down, says markets are underestimating the financial implications of the U.S.-Iran deal and the growing risks inside the artificial intelligence trade. Speaking with Kitco News Senior Anchor Jeremy Szafron, Woo argued that the agreement represents a strategic blow to U.S. influence and could accelerate pressure on the dollar. Woo said the AI boom is facing early cracks as regulation, Chinese competition, and weak monetization challenge current valuations. He also discussed the role of technology stocks in supporting U.S. capital flows, the inflationary impact of the AI wealth effect, and why incoming Fed Chair Kevin Warsh may be forced to sound hawkish. Woo said the setup remains “very bullish” for gold as geopolitical risk, real yields, and dollar concerns drive institutional interest in safe-haven assets.