Jim Rickards warns that a global economic shutdown may be approaching as the Strait of Hormuz and Red Sea disruptions collide with depleted strategic oil reserves, rising energy prices & fragile supply chains.
In this interview with GoldRepublic, Rickards explains why he expects a severe US recession, higher inflation, & a major escalation in the Iran war.
He also shares his outlook for gold, including a possible drop toward $3,600 before an accelerated move to $10,000, & explains why silver could follow gold higher.
