Why Secondary Sanctions Reach Far Beyond Iran

In this appearance on The Alex Jones Show, Dr. Kirk Elliott examines Operation Economic Outcast, the Treasury's sanctions program aimed at cutting off revenue to Iran. He explains that secondary sanctions ask other countries and companies to choose between doing business with Iran and keeping access to the US dollar system, and he expects ripple effects across oil, shipping, banking, and cryptocurrency exchanges, noting that China, Iran's largest oil customer, was not exempted. He also reviews the Treasury's decision to double its daily operations in the bond market, which he characterizes as quantitative easing on a larger scale, and cites Stanley Druckenmiller, the investor Bessent once worked for, who argues the step leaves the benchmark 30-year yield less able to reflect real conditions. Dr. Elliott notes yields finished higher than before the announcement, describes the Treasury and the Federal Reserve as working at cross purposes ahead of Jackson Hole, and points to rising debt service. He expects slower growth alongside persistent inflation, frames physical gold and silver as assets investors may want to consider, and invites viewers to schedule a consultation with the KEPM team.