The middle class has already been systematically destroyed, but another massive wave of inflation is coming at the worst possible time. This is similar but much worse than what was seen in the 1970s.

No Safe Passage Through The Strait
March 4 (King World News) –
Peter Boockvar:  While it is a great idea to have a government insurance backstop for ships passing thru the Strait of Hormuz, the possible loss of life due to a drone strike is the offsetting factor in limiting passage so I think we need a cessation of Iranian attacks in order to really feel comfortable about flowing supplies again there.

This headline just crossed by news headlines on Bloomberg, *CONTAINER SHIP HIT WHILE TRANSITING HORMUZ: UKMTO SAYS

The Baltic Dry Index, taking stuff like grains and coal and less impacted by what’s going on in the Middle East, rose yesterday to the highest since mid December, though still well off its early December highs.

According to AAA, the average price of a gallon of gasoline at the pump is up $.20 over the past two days to $3.20 in the initial response to the crude jump.

Another Gold & Silver Bull Catalyst
Otavio Costa:
  Plenty of dollar bulls resurfacing over the past couple of days.

I remain highly convicted that the broader downtrend in the US dollar is just getting started.

What we’re seeing now looks more like a classic retest of a broken support level that is likely to turn into major resistance.

KING WORLD NEWS NOTE: US Dollar Retesting Breakdown (YELLOW TREND LINE) Before Beginning A Much Larger Downside Plunge. This Will Be Yet Another Gold, Silver, Oil And Commodity Bull Catalyst That Will Lead To A Big Wave Of Inflation In The United States.

In my view, this rally is likely to be short-lived. 

Much like gold at times, this is a volatility event within a much larger structural trend.

US Strike On Iran Will Lead To Global Depression
To listen to Gerald Celente discuss his prediction for a global collapse and what investors should be doing to protect themselves and their family CLICK HERE OR ON THE IMAGE BELOW.

ALSO JUST RELEASED!
To listen to Alasdair Macleod discuss exactly what is happening in the gold, silver, commodity and currency markets CLICK HERE OR ON THE IMAGE BELOW.

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Celente Says Big Money Is Preparing For A Stock Market Crash CLICK HERE.
The Next Big Bull Market Is Already Underway CLICK HERE.
Expect Historic Moves In Oil As The War With Iran Continues, Plus A Look At Gold & Silver CLICK HERE.
Colombo Says, Despite Volatility, Silver Price Headed To All-Time High CLICK HERE.
Get Ready For More “Transitory” Inflation After Iran Attack, Plus A Look At Gold Miners CLICK HERE.
The Dollar Is Going To Zero And It Will Take All Fiat Currencies With It CLICK HERE.
Gold Price $5,250 As Silver Futures Hit $94, But Look At This… CLICK HERE.
The Latest From The Big Boys On The Gold Market CLICK HERE.
Celente Issues Gold Price Prediction For 2026 CLICK HERE.
Michael Oliver – A New Bull Market Is About To Be Unleashed On The Upside CLICK HERE.
Another Gold Record, Yet Another Gold Catalyst Plus A Massive Short Surprise! CLICK HERE.
Michael Oliver – This Will Be The Biggest Breakout Of The Gold Bull Market CLICK HERE.
Important Update As Gold Price Surges Above $5,200 & Silver Hits $87 CLICK HERE.
US Strike On Iran Could Unleash World War III CLICK HERE.
Gold Price Rebounds As Oil Price Surges Strongly CLICK HERE.
Michael Oliver – Historic Breakouts Will Now Send Gold & Silver Prices To Levels That Will Shock The World!
 CLICK HERE.

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