While markets focus on the trade negotiations between President Trump and Xi Jinping in Beijing, the reality of a global industrial war footing is being ignored. Hal Kempfer, retired Marine Intelligence Officer and CEO of Global Risk Intelligence and Planning, joins Jeremy Szafron, Senior Anchor at Kitco News, to expose the massive disconnect between geopolitical reality and market complacency.
Kempfer breaks down China’s $189 billion missile supply chain surge, comparing Beijing’s current resource desperation to Japan in the 1930s. He also unpacks the hidden $29 billion cost of the Iran war, the dangerous drain on U.S. munition stockpiles, and the terrifying reality of AI “leaping” into modern warfare. Finally, Kempfer gives his contrarian 6-month forecast for the Strait of Hormuz and explains why investors should actually be preparing for a dramatic drop in oil prices.
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Timestamps:
00:00 Beijing Summit Meets War Costs
01:54 Chokepoints and Black Swans
03:35 Boardroom Threat Priorities
08:01 China Leverage and Rare Earths
13:34 Missile Surge and Taiwan Deterrence
21:20 Iran Capabilities and Hormuz Shipping
25:42 Hormuz Mining Reality
27:47 War Costs and ROI
31:19 Stockpiles and Supply Chains
32:45 AI Chips and Dual Use
35:13 Metals and Hemisphere Resources
43:09 Oil Outlook and Energy Shift
#HalKempfer #Geopolitics #China #Taiwan #IranWar #OilPrices #StraitOfHormuz #SupplyChain #MacroEconomics #KitcoNews #Investing #Gold #Silver #AIWeapons #USEconomy
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The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.
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