The global economic landscape is shifting as the war with Iran intensifies, triggering the official closure of the Strait of Hormuz. With 20% of the world’s oil supply halted, a 1970s-style energy shock is looming. Meanwhile, precious metals are seeing explosive demand; Bank of America and Michael Oliver now project silver hitting $135 to $500 as physical shortages mount. From liquidity crises in Shenzhen to massive lines at Singapore’s BullionStar, the rush for real assets has begun.