The Iran War Has Shaken Up Asset Prices—From Gold to Oil and Bitcoin—After Its First Month

War premiums in commodities are real but temporary. What matters for stackers is the underlying monetary debasement that continues regardless of geopolitical noise. Gold's move above $2500 during the conflict shows institutional flows are finally catching up to what we've known since 2008. Central banks added another 77 tons in September while COMEX registered inventories keep dropping. The Iran situation will resolve but the dollar's purchasing power won't recover. Silver lagged during the initial flight to safety but industrial demand from defense spending could provide the next catalyst. Stack the dips when fear subsides.