E148 - #532 ART -How A Strait Closure Can Break Treasuries And Send Gold Soaring

The scariest part of a new Middle East war might not be the missiles. It might be the math. We follow the chain reaction that starts with the Strait of Hormuz and ends where most people never look: the U.S. Treasury market, bond yields, and the global plumbing that keeps the dollar system running. When oil becomes scarce or simply feels unsafe to ship, prices jump, supply chains tighten, and countries that must import energy scramble for liquidity. If they sell Treasuries to buy oil and food, the “battlefield” shifts from tanks to interest rates.

We talk...