$200-$300 Oil If Conflict Escalates | Alasdair Macleod

Energy prices could spike if the Middle East conflict continues to escalate. If Iran closes the Strait of Hormuz, $200-$300 oil is not unreasonable, says GoldMoney's Alasdair MacLeod. At the same time, spiking interest rates could lead to a credit system failure, he says. "The whole of the G7 credit system is becoming very unstable," he notes and argues that anything priced in credit will be destabilized.

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INTERVIEW TIMELINE:
0:00 Intro
2:20 Middle East conflict
14:20 Gold price
28:33 CBs gold buying
42:31 Macleod online
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