{"podcast":{"title":"Minor Issues","slug":"minor-issues-6016417","podcast_index_feed_id":6016417,"rss_url":"https://mises.org/podcast-feed/129227","website_url":"https://mises.org/podcasts/minor-issues","image_url":"https://mises.org/sites/default/files/minor-issues_v3_2400_20230127.jpg","author":"Mises Institute","episode_count":150,"summary":"Succinct economic commentary by Dr. Mark Thornton, senior fellow at the Mises Institute.","last_synced_at":"2026-07-26T10:21:13.039279+00:00","page_url":"https://stenobird.com/podcast/minor-issues-6016417"},"episode":{"title":"Why War Is Pushing Gold Down and Oil Up","slug":"why-war-is-pushing-gold-down-and-oil-up","published_at":"2026-04-11T11:02:34+00:00","page_url":"https://stenobird.com/podcast/minor-issues-6016417/why-war-is-pushing-gold-down-and-oil-up","show_page_url":"https://stenobird.com/podcast/minor-issues-6016417","url":"https://mises.org/podcasts/minor-issues/why-war-pushing-gold-down-and-oil","audio_url":"https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-04/172_Minor-Issues_Thornton_20260411.mp3","summary":"Mark Thornton unpacks a counterintuitive correlation: as the Persian Gulf conflict escalates, oil spikes while gold and silver slide. He explains how higher oil feeds the CPI, locks central banks out of rate cuts, and pressures precious metals through the dollar and petrodollar system, distinguishing the real monetary inflation gold tracks from the statistical indexes driving Fed decisions. Stick around for a wide-ranging Commodity Culture interview with Jesse Day on the festering world war and the path back to hard money. Plus, an update on the 2026 stocks-vs-MOO prediction contest (fertilizer is running away with it). 20% off listener offer on the new insulated Minor Issues tumbler and three of Mark's books, signed if ordered by the end of April: https://mises.org/MinorIssuesTumbler . Use coupon code Thornton. Be sure to follow Minor Issues at https://Mises.org/MinorIssues","meta_description":"Mark Thornton unpacks a counterintuitive correlation: as the Persian Gulf conflict escalates, oil spikes while gold and silver slide. He explains how high…","key_points":[],"chapters":[],"topics":[],"duration_seconds":null,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/minor-issues-6016417/episodes/why-war-is-pushing-gold-down-and-oil-up/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/minor-issues-6016417/why-war-is-pushing-gold-down-and-oil-up.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}