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This episode analyzes the unexpected drop in gold and silver prices following the start of a military conflict between the United States and Iran in March 2026. It explains that while precious metals usually serve as safe havens, they experienced a "sell the news" reaction because traders had already bid up prices in anticipation of the fighting. Despite the immediate decline in metal values, surging oil prices and massive war-related deficit spending suggest that significant inflationary pressures are mounting. The discussion highlights how growing national debt and the potential for monetary ...