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Bob Moriarty

Aug 5, 2026

3:59
Can you go into more detail in that regard?
4:01
Israel's objective was to destroy Iran.
4:07
The United States' objective was to do whatever Bibi Netanyahu told Donald Trump.
4:15
And Iran's objective was to survive.
4:19
Now, in war, survival is victory.
4:24
And I had mentioned probably 50 times that if there was another war, Iran would close the Strait of Hormuz.
4:35
Of course, they did close the Strait of Hormuz.

26 MINS LATER

30:08
But there is an optimism that you have in that regard as well.
2:16
Is this something structural?
2:19
Well, here's what's interesting.
2:21
One word to answer to your question is, is it structural? And the answer is absolutely yes.
2:29
That's two words, actually.
2:31
But I'll scare you.
2:35
Okay.
2:37
We know the temperatures in the eastern Pacific... are 3.5 degrees warmer.

40 MINS LATER

42:29
Why do you think that is? As I believe, you know, the debasement that this war will inevitably cause will be a structural tailwind for gold.
0:09
An empire only lasts for so long.
0:12
Something always changes, and it has to do with human behavior, and especially having the world's reserve currency.
0:22
I went to France for the very first time.
0:26
in 1969 and you could actually get a higher exchange rate for the french franc compared to the dollar if you had 50 or 100 bills They would give you a higher exchange rate for $100 bills than they would $101 bills.
0:47
And it was because they wanted to get the currency in, and they were exchanging that for gold.
0:56
We tend to think that because we do things a certain way, that everybody else is going to do things exactly the same way.
3:44
Bob, before we wrap up, I want to ask our listeners if you can tell us what 321 Gold and 321 Energy is all about, and if you can tell us how we can find you.
4:01
In 2000, actually in 1999, In late August, early September of 1999, my wife and I looked around and we said, you know, everybody hates gold.
1:44
I don't know.
1:47
They were goat herders.
1:52
Okay, they were goat herders and camel herders until somebody discovered oil.
2:00
Okay, 100% of what they've got comes from oil, period.
2:08
Now, are they trying to modify their economies? Absolutely, no question whatsoever.
2:14
but they got all their riches from oil, and it was strictly accidental.
2:20
Now, if you were in Saudi Arabia or in Qatar, the UAE, and you had funneled trillions of dollars to the United States under the guise of they were gonna give you a security blanket, they were gonna give you a security umbrella, they were gonna protect you from any bad guys in the area, and that turned out not to be true, what would you do? Well, here's what's crazy.
6:04
No? Military?
15:31
I mean, those would be the two top dogs, and obviously North Korea.
15:37
North Korea, obviously.
15:39
India.
15:42
Pakistan.
15:45
Okay.
15:45
There's a really interesting situation.
15:48
I'm going to give you a theory, and it's a theory that we're not going to learn the truth of literally for a year or two.

8 MINS LATER

24:16
You tell me.

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