The Mania Phase Has Not Started' In This Ignored Gold Bull Market | Brett Heath

A new, disruptive force is entering the gold market. Tether, the issuer of the world's largest stablecoin, has been aggressively investing in gold royalty companies, but according to our guest, they are just "the first". In this interview, Jeremy Szafron sits down with Brett Heath, CEO of Metalla Royalty & Streaming, to discuss the collision of crypto and precious metals. Heath reveals we are in the early stages of what he calls the "Great Rebalance"—a massive $370 trillion shift out of financial assets and into tangible assets like gold. He explains why this global move away from U.S. Treasuries means gold will need to reach $6,000 to $8,000 an ounce , and why the "mania phase" of this bull market "has not even started yet". (Recorded October 30, 2025)