Gold fell 3% on July 13, dropping to $3,996.76 an ounce as renewed conflict with Iran pushed oil futures 5% higher and raised concerns about another inflation surge.[1] At first, that may seem backward. War is escalating. Oil tankers have been attacked. Shipping through the Strait of Hormuz has slowed. Yet gold initially moved lower.…

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Monetary Gold’s David Schroeder joined Steven Gardner for his second appearance, and the two had a wide-ranging conversation about the economy and the direction of the country. They talked about Washington’s nonstop spending, the growing national debt, and how borrowing trillions each year puts pressure on the dollar. Schroeder pointed out that central banks around…

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