A. Royden D'souza

Beneath the surface of the Iran-US war, a different story is playing out; one about money. While the public focuses on the conflict, a hidden financial architecture is quietly transferring wealth. The question is not just who wins the war, but who profits from it.

Oil prices surge past $100, spiking toward $126 at the peak. By every textbook definition, this is the kind of geopolitical chaos that should send investors sprinting toward gold. Instead, gold has dropped roughly 17% since the war began. Silver plunged more than 13% in a single stretch.