Published Aug 18, 2026, 4:00 PM ET · Updated 3 months ago · 1 source

US strategic defeat against Iran is likely, impacting dollar and gold

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Original Report

A strategic defeat for the US in its conflict with Iran is likely, which could make it difficult for the US to sell defense equipment and lead to a significant sell-off of the US dollar, while boosting gold prices. Trump will be forced to escalate the conflict rather than accept defeat.