In this appearance on the Alex Jones Show, Dr. Kirk Elliott describes an economy caught in stagflation and a Middle East conflict that keeps flaring and easing, which he compares to a head fake that leaves markets volatile. He explains the competing forces acting on oil: the conflict and a closed Strait of Hormuz push prices up, while OPEC raising production and China shifting toward other energy sources point them lower. Because oil feeds into inflation, that uncertainty complicates the Federal Reserve's rate decisions, and he notes the Fed has signaled it will hold steady while it waits for clarity. Dr. Elliott also reviews a soft jobs report that looks weaker once temporary hiring is set aside, along with wage growth trailing inflation. Through the noise, he returns to supply and demand as his guide, arguing the long-term case for gold and silver remains intact even amid short-term swings, and invites viewers to schedule a consultation with the KEPM team.