Is this the tipping point that locks in $10,000 gold?<\/strong><\/p>\n After coordinated strikes targeting Iran\u2019s top leadership, oil prices spiked 8\u201312%, Brent crude surged toward $100+, and gold blasted past $5,300 per ounce. According to Jim Rickards<\/span><\/span><\/strong>, this isn\u2019t random volatility \u2014 it\u2019s an accelerating monetary reset.<\/p>\n And his message is clear:<\/p>\n \u201cTell me where the next war is, and I\u2019ll tell you where gold is going.\u201d<\/p>\n<\/blockquote>\n With tensions erupting across the Middle East and Trump signaling that \u201cCuba\u2019s next,\u201d Rickards believes $10,000 gold isn\u2019t speculation anymore \u2014 it\u2019s math.<\/p>\n The Strait of Hormuz disruptions triggered immediate panic in global energy markets. Brent crude jumped sharply, with analysts warning:<\/p>\n $100+ oil if shipping routes stay blocked<\/p>\n<\/li>\n Supply shocks hitting Europe and Asia hardest<\/p>\n<\/li>\n China potentially squeezed out of Iranian exports<\/p>\n<\/li>\n<\/ul>\n Here\u2019s the bigger picture Rickards highlights:<\/p>\n The U.S., Saudi Arabia, and Russia control roughly one-third of global oil output.<\/p>\n<\/li>\n China relies heavily on Iranian oil imports.<\/p>\n<\/li>\n If Washington controls the spigot, Beijing is strategically vulnerable.<\/p>\n<\/li>\n<\/ul>\n Energy isn\u2019t just about gasoline prices \u2014 it\u2019s about geopolitical leverage.<\/strong><\/p>\n History is blunt:<\/p>\n Nazi Germany collapsed in part due to oil shortages.<\/p>\n<\/li>\n Japan\u2019s Pacific expansion was driven by energy desperation.<\/p>\n<\/li>\n Modern economies run on hydrocarbons \u2014 period.<\/p>\n<\/li>\n<\/ul>\n And when oil spikes, inflation follows.<\/p>\n When inflation follows, gold rises.<\/p>\n Mainstream headlines claim the dollar remains resilient. Rickards calls that narrative misleading.<\/p>\n Measured against the euro? The dollar looks stable.<\/p>\n Measured against gold?<\/p>\n It\u2019s a different story.<\/p>\n Gold moved from $1,800 to over $5,300.<\/p>\n<\/li>\n That\u2019s nearly a tripling in price.<\/p>\n<\/li>\n Gold didn\u2019t change.<\/p>\n<\/li>\n The dollar lost purchasing power.<\/p>\n<\/li>\n<\/ul>\n Gold doesn\u2019t \u201cgo up.\u201d The dollar goes down.<\/strong><\/p>\n This is why $10,000 gold isn\u2019t hyperbole \u2014 it\u2019s a revaluation of fiat currency against a fixed asset.<\/p>\n Rickards doesn\u2019t see isolated events. He sees sequencing.<\/p>\n Recent moves include:<\/p>\n Venezuelan oil control shifting away from hostile leadership<\/p>\n<\/li>\n Mexican cartel leadership eliminated<\/p>\n<\/li>\n Iranian decapitation strikes<\/p>\n<\/li>\n Signals toward Cuba<\/p>\n<\/li>\n<\/ul>\n Whether one agrees with the strategy or not, the pattern is clear:<\/p>\n Energy assets are being consolidated.<\/strong><\/p>\n And geopolitical instability is rising \u2014 not falling.<\/p>\n Markets don\u2019t price stability during regime shifts.<\/p>\n They price risk.<\/p>\n And risk is rocket fuel for gold and silver.<\/p>\n Rickards maintains his long-term forecast of $10,000 gold<\/strong>.<\/p>\n Why?<\/p>\n Because the drivers are structural:<\/p>\n Persistent global debt expansion<\/p>\n<\/li>\n Central bank gold accumulation<\/p>\n<\/li>\n Energy-driven inflation waves<\/p>\n<\/li>\n Currency debasement hidden beneath FX cross rates<\/p>\n<\/li>\n Expanding war risk premiums<\/p>\n<\/li>\n<\/ul>\n Even after sharp pullbacks (gold briefly fell from $5,500 to $4,800), buyers stepped in aggressively.<\/p>\n That\u2019s not speculation.<\/p>\n That\u2019s accumulation.<\/p>\n When gold rebounds after coordinated selling pressure, it signals strength beneath the surface.<\/p>\n One overlooked consequence of the Iran strikes?<\/p>\n China may be the biggest loser.<\/p>\n China imports significant Iranian oil.<\/p>\n<\/li>\n U.S. control or disruption constrains Beijing.<\/p>\n<\/li>\n Russia benefits from higher oil prices.<\/p>\n<\/li>\n Energy alliances are shifting fast.<\/p>\n<\/li>\n<\/ul>\n This isn\u2019t just about Iran.<\/p>\n It\u2019s about:<\/p>\n Dollar dominance<\/p>\n<\/li>\n Energy control<\/p>\n<\/li>\n Strategic leverage<\/p>\n<\/li>\n<\/ul>\n And in every historical instance of major power realignment, gold and silver reprice dramatically.<\/p>\n When:<\/p>\n War risk expands<\/p>\n<\/li>\n Oil prices spike<\/p>\n<\/li>\n Currency purchasing power declines<\/p>\n<\/li>\n Trust in mainstream narratives erodes<\/p>\n<\/li>\n<\/ul>\n Investors historically rotate toward tangible assets<\/strong>.<\/p>\n Physical gold and silver offer:<\/p>\n No counterparty risk<\/p>\n<\/li>\n No digital freeze risk<\/p>\n<\/li>\n No dependency on banks<\/p>\n<\/li>\n No exposure to derivatives<\/p>\n<\/li>\n<\/ul>\n In a world discussing CBDCs and increasing financial surveillance, gold vs dollar<\/strong> is no longer theoretical.<\/p>\n It\u2019s practical.<\/p>\n Gold acts as:<\/p>\n An inflation hedge<\/p>\n<\/li>\n A geopolitical hedge<\/p>\n<\/li>\n A currency hedge<\/p>\n<\/li>\n A systemic crisis hedge<\/p>\n<\/li>\n<\/ul>\n And silver \u2014 often more volatile \u2014 tends to amplify gold\u2019s moves in bull cycles.<\/p>\n When monetary stress accelerates, both metals tend to outperform paper assets.<\/p>\n Rickards warned that volatility is part of the path \u2014 but the destination hasn\u2019t changed.<\/p>\n If:<\/p>\n Oil sustains above $100<\/p>\n<\/li>\n Regional war expands<\/p>\n<\/li>\n China retaliates economically<\/p>\n<\/li>\n Or Cuba becomes the next flashpoint<\/p>\n<\/li>\n<\/ul>\n Then gold doesn\u2019t retreat.<\/p>\n It accelerates.<\/p>\n The bigger risk isn\u2019t that gold is too high.<\/p>\n The bigger risk is that most portfolios remain positioned for a world that no longer exists.<\/p>\n The Iran strikes may be remembered as a turning point.<\/p>\n Not just militarily \u2014 but monetarily.<\/p>\n Because every energy shock pressures fiat systems already stretched by:<\/p>\n Record deficits<\/p>\n<\/li>\n Expanding central bank balance sheets<\/p>\n<\/li>\n Structural inflation<\/p>\n<\/li>\n<\/ul>\n $10,000 gold isn\u2019t about hype.<\/p>\n It\u2019s about revaluation.<\/p>\n The question isn\u2019t whether volatility continues.<\/p>\n The question is whether your wealth is positioned for it.<\/p>\n ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today\u2019s economic threats.<\/p>\n Get expert guidance from our team of analysts with 28+ years of experience.<\/p>\n\n
\nOil Shock 2.0: Why Iran Strikes Change Everything<\/h2>\n
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\nThe Dollar Isn\u2019t Strong \u2014 It\u2019s Quietly Devaluing<\/h2>\n
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\n\u201cCuba\u2019s Next\u201d: A Pattern Is Emerging<\/h2>\n
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\nWhy $10,000 Gold Is \u201cLocked In\u201d<\/h2>\n
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\nChina, Russia & the Global Oil Chessboard<\/h2>\n
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\nGold & Silver: Wealth Preservation in a Fragmenting World<\/h2>\n
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\nThe Real Question: What Happens If This Escalates?<\/h2>\n
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\nFinal Thoughts: The Reset Is Gradual\u2026 Then Sudden<\/h2>\n
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\nAbout ITM Trading<\/h2>\n
THINKING ABOUT PURCHASING GOLD & SILVER?<\/h2>\n