Video News/In Focus with Jeremy Szafron
The global supply chain crisis and the return to resource sovereignty: Col. Douglas Macgregor
A "terrible storm" is approaching the US bond market as the global financial architecture begins a fundamental shift toward hard assets, according to Colonel Douglas Macgregor. With gold inching above $4,600 and silver rebounding into the mid $70s, the guest argues that the economic fallout from the conflict in the Middle East is reaching a critical tipping point. According to Macgregor, the real reason the Strait of Hormuz closed was due to insurance giants like Lloyd’s of London—not direct military force - effectively halting commercial traffic. In this exclusive interview, Macgregor provides a blunt assessment of what he claims is an urgent US interceptor missile shortage and explains why he believes legacy military infrastructure is obsolete in the face of modern drone warfare. According to the Colonel, a "hidden" supply chain crisis is emerging, including the threat of a global fertilizer shortage and an urgent necessity for "resource sovereignty" in rare earth refining.
Guests: Colonel Douglas Macgregor
Source: Kitco News
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