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While the world watches the Middle East burn, Rickards warns that the US has already locked down Venezuela's oil and now, he reveals "Cuba is next." Mexican cartel leader El Mencho was recently assassinated. As the Trump administration rolls up enemies from cartel leaders to ayatollahs, Rickards connects the dots between the fog of war and the fastest route to $10,000 gold. With Brent crude spiking toward $100 and gold shattering $5,300, Rickards explains why the old playbook is dead. "Tell me where the next war is," he says, "I'll tell you where the price of gold is going."
The US dollar is losing value in a currency collapse.
Rickards said that China is the big loser because it was getting oil from Iran and the US now has control over the oil in Iran and Venezuela (and Guyana). He said that the US, Saudi Arabia and Russia export the most oil and Russia is the big winner because China will likely buy its oil.
Catherine Austin Fitts contends that Iran was targeted because it was too independent as globalists move toward programmable money that can be controlled.