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Energy Crunches, Bond Pressure, and China’s Gold Vaults with Mike Farris, Dave Collum, and Mario Nawfal

Chris appears on Coffee and a Mike with Mike Farris and Dave Collum, then Mario Nawfal’s show, to discuss energy shortages, SPR drawdowns, bond vigilantes, and China’s gold-backed yuan strategy.

The User's Profile Chris Martenson August 28, 2026
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This week, I appeared on Coffee and a Mike as well as Mario Nawfal’s show. First, Mike Farris, Dave Collum, and I discussed looming oil and energy shortages, falling inventories, the draining of the SPR, high U.S. debt, inflation risks, and related geopolitical tensions. Next, Mario and I discussed tight diesel supplies, the Iran conflict and midterms, Europe’s energy pinch and the Ukraine war, bond-market pressure, and China’s gold vaults for the yuan. Both videos are below.

Coffee and a Mike

Mario Nawfal

Read the Full Transcript!