Aug 29, 2026 · 42 min · 18 segments
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Jeremy WisemanHost
Jerry CorreiaHost
Things are heating up wildly, and I think the two-point leak that you talked about regarding Bessent, I think it leaked already because so far so good, and the, the price for gold and silver are reflecting the push higher.
The seasonality begins, uh, this 40-year trend of seeing precious metals, um, move higher during the fall has begun.
Um, the World Gold Council showing that investment portfolios are, uh, without gold, you're simply not, you know, hedged or protecting or benefiting from the attributes and the benefits of holding gold and silver.
But so far, in the past 30 days, silver's up 20% and gold's up 14%, but this week was massive.
Scott Bessent came out, and he announced, he circulated, uh, an announcement, uh, which he framed as Operation Economic Outcast, and he spoke, um, this is a US economic campaign against the IRGC and its proxies that's been, been, been supporting this regime ever since the overthrow of, uh, the Shah, and has, which has culminated in that region.
So this Operation Economic Outcast, he compared it to D-Day, which is an Allied campaign to cut the IRGC's, Iran's financial connections in third countries.
He didn't name which countries, but countries that are involved in circumventing the 46-year sanctions against Iran.
Things are heating up wildly, and I think the two-point leak that you talked about regarding Bessent, I think it leaked already because so far so good, and the, the price for gold and silver are reflecting the push higher.
The seasonality begins, uh, this 40-year trend of seeing precious metals, um, move higher during the fall has begun.
Um, the World Gold Council showing that investment portfolios are, uh, without gold, you're simply not, you know, hedged or protecting or benefiting from the attributes and the benefits of holding gold and silver.
But so far, in the past 30 days, silver's up 20% and gold's up 14%, but this week was massive.
Scott Bessent came out, and he announced, he circulated, uh, an announcement, uh, which he framed as Operation Economic Outcast, and he spoke, um, this is a US economic campaign against the IRGC and its proxies that's been, been, been supporting this regime ever since the overthrow of, uh, the Shah, and has, which has culminated in that region.
So this Operation Economic Outcast, he compared it to D-Day, which is an Allied campaign to cut the IRGC's, Iran's financial connections in third countries.
He didn't name which countries, but countries that are involved in circumventing the 46-year sanctions against Iran.
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