You know what this feels like? COVID around Late January 2020. Most people have no idea what’s coming, but those of us who were tracking it closely knew differently. In this podcast, Craig Hemke and I talk about oil, gold, and markets.
We discussed the massive oil supply shock from the Middle East conflict — missing 14.5 million barrels a day or more, with depleting buffers and infrastructure damage that could take years to repair — pushing the global economy toward a contraction like 2011, when it was 36% smaller, while markets get manipulated to suppress prices and maintain the illusion of calm. This is a poly-crisis involving LNG, fertilizers, precursor chemicals, helium, sulfur, and more, likely triggering refinery shutdowns, soaring inflation in the teens, stagflation, and a demand shock that will force even bigger Fed printing than COVID. We also covered market interventions, from silver-style dumping in oil to hidden treasury flows, and why resilience matters now. The full interview is below!
