Bob Moriarty: Imminent ‘Explosion’ Of Fuel prices, World War 3 & Global Depression

Stijn Schmitz welcomes Bob Moriarty to the show. Bob Moriarty is Author, Founder 321 Gold, & Former Marine Fighter Pilot. Moriarty outlines a deeply concerning global landscape, arguing that recent escalations—including Ukraine’s attack on Iranian vessels and Saudi Arabia’s strike on the Houthis—have rapidly transformed regional conflicts into what could become World War III. He contends that Israel is the primary driver of the war against Iran, with the United States under Donald Trump co-opting the conflict, potentially under duress from compromising information. Despite the severe supply disruptions, including the effective closure of the Strait of Hormuz and attacks on Saudi refineries, oil prices have paradoxically fallen. Moriarty attributes this to widespread manipulation by governments draining strategic petroleum reserves and intervening in paper markets to suppress costs, a tactic he warns is unsustainable and risks permanently damaging storage infrastructure. He believes all the headwinds that previously kept prices low have become tailwinds, setting the stage for a sudden, explosive price spike that could devastate the global economy. On precious metals, Moriarty notes gold’s resilience, referencing a forecast that it could trade between $4,000 and $6,000 this year due to currency debasement, though he emphasizes that manipulation exists across all markets. He advocates holding physical metals as insurance against chaos and sees extraordinary value in junior mining stocks, which he believes are historically undervalued relative to commodity prices. While acknowledging the high-risk nature of junior investments, he stresses that outsized gains from a few winners can offset losses. Moriarty encourages independent thinking and contrarian research, pointing to his free websites, 321gold.com and 321energy.com, as resources that present diverse viewpoints without promoting a single guru.