‘The Guy with the Biggest Military’ | Emmanuel Lemelson on the Fatal Flaw in Gold

Kitco News: ‘The Guy with the Biggest Military’ | Emmanuel Lemelson on the Fatal Flaw in Gold. In this exclusive for Kitco News, Anchor Jeremy Szafron sits down with Emmanuel Lemelson, Chief Investment Officer at Lemelson Capital Management, to dissect a global market he describes as 'detached from reality'. Following a historic $36 intraday swing in oil, Lemelson warns that the current volatility is merely a 'tremor before the major earthquake'. Lemelson challenges the core thesis of the 'gold bugs,' arguing that while trust in fiat is breaking down, gold is not a guaranteed sanctuary.