Iranian TV Declares 'One Million' Soldiers Have Mobilized To Create 'Hell For American Forces'
Iran's mobilization rhetoric is classic saber-rattling, but markets don't care about the theatrics. They care about supply chain disruptions and currency debasement. Gold's holding above $2650 despite dollar strength tells you everything. Central banks loaded 800 tons last quarter for exactly these scenarios. Silver's industrial demand from defense contractors adds another layer. The Strait of Hormuz handles 20% of global oil flow. Any actual conflict there sends energy prices vertical and fiat currencies into the blender. Stack accordingly. These headlines fade but the metal stays in your vault.