Sound Money Report

🚨 Writers Wanted! We’re looking for sharp minds & witty pens to join us. If you’re a: 💰 Sound money advocate 🏛️ Austrian economics follower 🥇 Gold/silver market expert 📚 Scholar of economic history 🏦 Monetary system/central banking buff …then we’d love to hear from you.

You're maybe wondering: why are gold and silver plunging during such a geopolitical crisis? 🆘 Basically, 3 reasons: 🏧 Forced liquidations driven by widespread margin calls 🏦 Higher interest rate expectations 🌏 Lower demand from EMs #Geopolitics #OilShock #PreciousMetals

@brewmarkets @LukeGromen @JavierBlas @HFI_Research @MarineTraffic @SoberLook @FTAlphaville @RonStoeferle @elerianm @JamesEagle17 @goldseek @RudyHavenstein @PauloMacro @jackprandelli @soarfinancial @kevinmuir @Geo_papic · @GwartyGwart · @DoombergT · @charliebilello · @jsblokland · @IGWTreport · @chigrl 🎉 Congratulations and thanks for your attention to this matter.

✂️ Who made the cut: · @brewmarkets · @LukeGromen · @JavierBlas · @HFI_Research · @MarineTraffic · @SoberLook · @FTAlphaville · @RonStoeferle · @elerianm · @JamesEagle17 · @goldseek · @RudyHavenstein · @PauloMacro · @jackprandelli · @soarfinancial · @kevinmuir · @Geo_papic ... 👇

🚨 Weekly Nuggets #24 is out now! ✨ 🪖🛢️ Energy shocks, the Strait of Hormuz disruption, and the resurgence of hard assets. This week’s edition dives into the macro forces, interviews, and insights that matter most. #OilShock #HardAssets #SafeHaven #InflationHedge #Geopolitics

@TedJButler Great work as always, Ted! I'd add that today the OPEC has much less sway than in the 1970s because their dominance was shuttered mainly by the shale revolution and the fact that the oil supply now comes from a more diverse mix of sources. Thus, this time around is less severe.

The market is making a dangerous assumption: Trump will unblock Hormuz. But what if he can’t? Or worse… what if he loses control of it — just as the UK did during the 1956 Suez Canal Crisis? Because the numbers don’t add up. In 1973, oil surged 134% after ~7–9% of global oil supply was disrupted by the Arab Oil Embargo. Today? Roughly 20% of the global oil supply is being impacted by the shuttered Strait of Hormuz. That’s more than double the impact of the 1973 shock. And yet, oil is "only" up ~50%, having risen from $65 to $98 at the time of writing. In summary, today's oil shock is over 2x larger than 1973, but it's being priced as less than half as severe. If this gap closes, $150–200 oil is entirely plausible here. But even above $80 oil, a nasty wave of 70s-style stagflation looks set to reverberate across the global economy. In the 1970s, this exact setup drove gold to a 24x performance by 1980, with silver delivering an even more explosive ~40x return. And yet, we think today's backdrop has the potential to be even more combustible: 1. Central Banks were not aggressive gold buyers in the 70s. Since 2022, they've been buying it hand over fist. 2. U.S debt went from $370 billion to $850 billion in the 70s. Today, it's at $39 trillion, and growing exponentially thanks to $1 trillion annual interest payments and relentless military spending. 3. The petrodollar enforced U.S monetary dominance since 1974. Today, it's compromised by Iran reportedly limiting the flow of tankers in the Strait of Hormuz to those settling payment in Chinese Yuan. All of this raises a serious question: What happens if gold doesn’t just repeat the 1970s… but exceeds it? I break it all down in my latest piece for @SoundMoneyRpt 👇 👉 Be sure to subscribe for the full analysis. soundmoneyreport.substack.com/p/war-oil-and-… @RonStoeferle

📖Read the full piece + more deep-dive research by subscribing to the 𝐒𝐨𝐮𝐧𝐝 𝐌𝐨𝐧𝐞𝐲 𝐑𝐞𝐩𝐨𝐫𝐭: soundmoneyreport.substack.com/p/war-oil-and-… #SoundMoney #PreciousMetals #Commodities #HardAssets #Stagflation #GoldenDecade #HALO #MacroTrends #Geopolitics #Substack

🚨 Just published on Substack! 🎭 Our new article by @TedJButler explores how geopolitical tensions, oil shocks, and monetary instability could ignite a powerful rally in gold and hard assets. 💣📈 #EnergyMarkets #MonetarySystem #GoldSurge #BullMarket #SafeHaven #InflationHedge

@BankerWeimar Just trust the plan, goy! Keep watching Alex Jones, Stew Peters and other puppets for further reinforcement. 🫡

Once we sacrifice the last young white men for Israel, the white hats will come save us.

This was only a matter of time. ⌛ Every time this ratio goes vertical, there's an almost symmetrical fall afterwards. 🪃 This is no coincidence, of course. The surge always reflects some economic or financial crisis, or a geopolitical event. 💣 #SilverSqueeze #OilShock

💸 Yes, some EM central banks are reducing USD exposure. Regardless, the private sector votes with its balance sheet, and it keeps borrowing dollars. 🏧 📣 Markets speak louder than geopolitics. #GlobalFinance #MacroTrends #DeDollarization #EmergingMarkets #MonetarySystem

⏯️ Only two pauses in the trend occurred in this century, so far: • 2008 GFC • 2021 inflation/rate shock #FinancialCrises #MonetaryPolicy #InterestRates #BusinessCycle

🌍💵 If the world were truly “de-dollarizing,” you’d expect dollar credit to collapse. Instead, the opposite happened. 💥 📈 USD-denominated credit to non-banks outside the US has relentlessly surged – both loans and bonds – globally and in EMDEs. #BankLoans #DebtSecurities

📚The article explores the legal and ethical debate over fractional reserves and the historical distinction between deposits and loans. 📌Read & subscribe to the Sound Money Report! #SoundMoney #FractionalReserveBanking #AustrianEconomics #PrivateProperty #BankingCrisis

🎢 Whenever banks began misappropriating deposits, credit expanded and economies boomed, until defaults rose, depositors rushed for their money, and the system collapsed. 🌀 #BankCredit #EconomicGrowth #MonetarySystem #Recession

💰 What do Giovanni di Bicci de’ Medici, Charles V, and Philip II have in common? 📜 Discover the fascinating medieval history behind this cycle in our latest Substack article: soundmoneyreport.substack.com/p/heinz-blasni… #EconomicHistory #BusinessCycle #BankRun

If the US forces "have already destroyed 100% of Iran's Military capability," why would the POTUS ask all of those countries, including China, for help. 🎪 I guess China could help, if you pay them in renminbi. ♟️💱 #GulfWar #OilShock #GlobalTrade #Geopolitics #Geoeconomics

Considering that the sea mines deployed by Iran will take months to clear, once the "cleaning crews" are allowed to enter the strait, I'd say the 3-month closure is still optimistic! ⚠️ Venezuela better start pumping oil. 🛢️ #OilShock #EnergyMarket #Geopolitics #Geoeconomics

📖 A thought-provoking read you won’t want to miss. soundmoneyreport.substack.com/p/heinz-blasni… 🔏Subscribe to the 𝐒𝐨𝐮𝐧𝐝 𝐌𝐨𝐧𝐞𝐲 𝐑𝐞𝐩𝐨𝐫𝐭 on Substack to read this and many more insightful analyses and narratives. #SoundMoney #MonetaryEconomics #AustrianEconomics #Banking #Substack

🚨 New on Substack! We’ve just published an article by our late friend Heinz Blasnik examining the legal and ethical questions surrounding fractional reserve banking and its long, turbulent history. 📜💰 #DebtGrowth #BankingCartel #MonetarySystem #Inflation #EconomicHistory