RT Nick Szabo (@NickSzabo4)Gold is at $5,100 and oil at $90. In gold terms, the stock market has fallen by more than half since rumors of the Iran war planning started making the rounds on Wall Street. Iran's ability to interdict shipping at Hormuz, something investors had naively believed the U.S. Navy could prevent -- they hadn't kept up with advances in the art of war -- has driven oil up 50% since the war started.Since the 1971 end of Bretton Woods, the dollar has often been called "the petrodollar" bec ...

RT Nick Szabo (@NickSzabo4)Gold is at $5,100 and oil at $90. In gold terms, the stock market has fallen by more than half since rumors of the Iran war planning started making the rounds on Wall Street. Iran's ability to interdict shipping at Hormuz, something investors had naively believed the U.S. Navy could prevent -- they hadn't kept up with advances in the art of war -- has driven oil up 50% since the war started.Since the 1971 end of Bretton Woods, the dollar has often been called "the petrodollar" bec ...

RT Nick Szabo (@NickSzabo4)Gold is at $5,100 and oil at $90. In gold terms, the stock market has fallen by more than half since rumors of the Iran war planning started making the rounds on Wall Street. Iran's ability to interdict shipping at Hormuz, something investors had naively believed the U.S. Navy could prevent -- they hadn't kept up with advances in the art of war -- has driven oil up 50% since the war started.Since the 1971 end of Bretton Woods, the dollar has often been called "the petrodollar" bec ...