MacleodFinance Substack

MacleodFinance Substack

The financial war

US and Israeli attacks on Iran have undoubtedly been well planned with Mossad assets on the ground. Whatever the outcome, it will become a financial war against the US dollar.

Alasdair Macleod's avatar
Alasdair Macleod
Feb 28, 2026
∙ Paid

It would appear that in America and Israel the lunatics are running the asylum. Against all common sense, and one understands senior military advice, President Trump in league with Benjamin Netanyahu decided to wage war against a very large country, Iran. Effectively, Hormuz is closed because there will be no traffic into and out of the Gulf, driving oil prices sharply higher. Inflation expectations will rise, if only on the back of oil prices, stock markets will be badly hit, and precious metals soar (see the note on the gold price at the end of this article).

User's avatar

Continue reading this post for free, courtesy of Alasdair Macleod.

Or purchase a paid subscription.
© 2026 Alasdair Macleod · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture