In this appearance on the And We Know show, Dr. Kirk Elliott explains why silver's recent consolidation reflects the Iran conflict rather than any change in fundamentals. He contrasts a short-term trader mindset, which he says dominates much of the financial media, with a long-term investor mindset, arguing that supply, demand, and inflation ultimately outweigh the interest-rate narrative driving the headlines. Elliott points to a recurring historical pattern around Middle East conflicts, from the 1973 oil embargo through 9/11 and the war in Ukraine, in which gold and silver dip during the crisis and rebound afterward. He walks through the 200-day moving average to illustrate why he views the current pullback as an uptrend working off an overbought condition rather than a breakdown. He also describes a broader shift toward gold-backed reserve currencies and steady central-bank gold buying, and invites viewers to schedule a consultation with the KEPM team.