
Iran War Hype, Gold, and the Fed’s Debt Bubble
From Minor Issues by Mark Thornton
March 7, 2026 · Episode 135
About this episode
Mark Thornton discusses the implications of the Iran conflict on gold and silver markets, along with the Federal Reserve's debt bubble.
On the latest episode of Minor Issues, Mark Thornton appears on Arcadia Economics with Chris Marcus during a volatile week for gold and silver amid the escalation with Iran. They unpack the risks and “unintended consequences” of the conflict, along with what all of this means for markets, the dollar, and investor psychology. Mark closes with a hard look at the Fed-fueled, fifteen-year bubble of credit and debt, the growing stress in sovereign debt markets, and why central bankers can’t “magic away” the structural problems that created this mess. The original episode is available at https://www.youtube.com/watch?v=MQn1GenrMyQ Order a free paperback copy of Hayek for the 21st Century by F. A. Hayek: https://mises.org/Hayek21 Purchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Be sure to follow Minor Issues at https://Mises.org/MinorIssues
People in this episode
Host: Mark Thornton
Guest: Chris Marcus
Topics covered
- Iran conflict
- gold market
- silver market
- Federal Reserve
- debt bubble
- investor psychology
- sovereign debt
Keywords
- Iran
- gold
- silver
- Federal Reserve
- debt bubble
- investor psychology
- sovereign debt
- credit
- markets
Mentioned in this episode
Organizations: Arcadia Economics, Mises, Federal Reserve
Books & works: Hayek for the 21st Century
Places: Iran
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- Why War Is Pushing Gold Down and Oil Up · April 11, 2026
- Gold Whiplash and the Petrodollar · April 4, 2026
- Central Banks vs. Reality: Gold’s Signal in a War Economy · March 28, 2026
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