Prices Will Rise “Very Dramatically” as Living Standards Fall, Col. Douglas Macgregor Warns

Col. Douglas Macgregor tells Kitco News anchor Jeremy Szafron that Saudi Arabia is "gonna go out of business," that a new commodity supercycle has begun, and that another U.S. strike on Iran would bring "years of scarcity" for oil and water across the Gulf. Macgregor, a retired U.S. Army colonel who fought in the Gulf War and advised the acting Secretary of Defense, breaks down the Houthi strikes on Riyadh and why he says Turkey and Pakistan won't fight Saudi Arabia's war, why the Navy can't...