# Michael Howell: Oil Shock Is Accelerating Refinancing Squeeze

Page: https://stenobird.com/podcast/macroscopic-podcast-7281576/michael-howell-oil-shock-is-accelerating-refinancing-squeeze
Text version: https://stenobird.com/podcast/macroscopic-podcast-7281576/michael-howell-oil-shock-is-accelerating-refinancing-squeeze.md
Podcast: [Macroscopic Podcast](https://stenobird.com/podcast/macroscopic-podcast-7281576)
Published: 2026-04-30T14:00:00+00:00
Episode link: https://traffic.megaphone.fm/NXCHBV7484069667.mp3
Audio file: https://traffic.megaphone.fm/NXCHBV7484069667.mp3
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JSON: https://stenobird.com/v1/public/podcasts/macroscopic-podcast-7281576/episodes/michael-howell-oil-shock-is-accelerating-refinancing-squeeze
Duration seconds: 3347

## Resource

Michael Howell returns to the podcast to break down why the real threat to markets is not just war or recession fears, but a tightening global liquidity cycle. He explains how the Iran shock, rising energy prices, China’s gold buying, and the coming debt refinancing wall are all converging into a powerful macro shift. The discussion covers gold, oil, bonds, the dollar, repo stress, and why markets may be telling a very different story than economists. 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.

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## Transcript

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