Michelle Makori, President & Editor-in-Chief, Miles Franklin Media, interviews James Rickards, New York Times bestselling author and Editor of Strategic Intelligence newsletter.

Is the Iran war a turning point or just the beginning of something much bigger? Rickards says the ceasefire doesn’t add up, the narrative of victory is misleading, and the real story is about a growing global monetary crisis already underway.

From a potential escalation in the Strait of Hormuz to a global dollar shortage to a recession that may already be locked in – Rickards warns the system was already fragile, and this war could accelerate the breakdown.

And what does that mean for gold? Rickards says a move to $10,000 gold by the year-end is still realistic.

In this episode of The Real Story with Michelle Makori:

- Why the Iran ceasefire may not be real

- Conflicting narratives from the U.S. and Iran

- Who really controls the Strait of Hormuz

- Military escalation risks and U.S. troop buildup

- The emerging global dollar liquidity crisis

- Why a recession may already be inevitable

- Central banks shifting from dollars to gold

- Why the monetary system was already breaking

- Rickards’ $10,000 gold outlook

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