Bob Moriarty: Venezuela, Imminent Attack on Iran, Hyper Inflation & The Return of the Gold Standard
Palisades Gold Radio Jan 15, 2026
Summary
Bob Moriarty argues the Venezuela intervention targeted China, not oil, and changed nothing on the ground.
He sees a US strike on Iran as strategic folly that could close the Strait of Hormuz.
He forecasts a debt-driven collapse ten times worse than 1929, requiring a return to a gold standard.
He favors silver over gold at current ratios and warns of sharp counter-trend corrections ahead.
The discussion frames hard assets like gold, silver, and platinum as essential insurance against financial chaos.
Bob Moriarty's takeaways
- Top takeaway The guest's highest-conviction 10-year call is that the world will return to a gold or silver standard as the debt-based Western fiat system collapses, with silver likely outperforming gold going forward
- The guest is bullish across gold, silver, platinum, palladium and copper but says recent prices 'absolutely shocked' him, describing them as a thermometer signalling rising distress in the debt-based system
- The guest warns that even in a giant bull market precious metals can suffer 50% corrections, citing gold's drop from $188 to $103 over 18 months following the late-1974 peak after Nixon's 1971 gold standard exit
- The guest argues the current financial crisis is '1929 but 10 times worse,' pointing to US national debt rising roughly $1 trillion every 100 days and recent large repo facility injections as evidence most investors are missing
- The guest sees silver as a better buy than gold right now, noting the gold/silver ratio is near the historical average around 55-60 to 1 and that China controls 60-70% of global silver smelting with export permission now required as of January 1