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David B. Collum and Andy Millette debate Iran, regime change, Israel, the Strait of Hormuz, oil flows, and whether U.S. action in the Middle East actually improved the situation or made the world more unstable. Andy presses the case that a successful outcome could still create stability, while Collum argues that the path to Iran losing is not obvious. This NRS World Clips segment focuses on one of the most important geopolitical questions from the full interview: if Hormuz is not fully open, if Iran can absorb pain longer than the West expects, and if energy flow is tied directly to the global economy, what does “winning” even mean in the Middle East? #Millettian Watch the full interview: Key topics: David Collum on Iran Strait of Hormuz Israel and Iran conflict Middle East instability Oil flow and global economy Regime change debate Energy chokepoints U.S. foreign policy Guest links: Collum Group https://collum.chem.cornell.edu/ David B. Collum Cornell profile https://chemistry.cornell.edu/david-b-collum Host Andy Millette Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Clips https://www.youtube.com/@NaturalResoureStocksClips X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/

Recorded on May 26 2026 at NRS Studios Watch the full Martin Armstrong interview on NRS World: In this Natural Resource Stocks clip, Martin Armstrong breaks down the global war flashpoints his computer model is showing right now, including the Middle East, Taiwan, Ukraine, Korea, China, Russia, and Europe. Armstrong argues that World War 3 may not look like one single event, but instead like a series of global brush fires that can begin separately and later connect into a much larger crisis. Steve Yang asks Armstrong directly where the warning signals are strongest, and Armstrong points to Taiwan, North Korea versus South Korea, Ukraine, and the Middle East. He also discusses China and Russia, Macron’s push for Europe to split from the United States, Europe’s interest in Russia’s natural resources, and why he believes the world is being driven by reckless political actors. This clip is part of the NRS Clips Playlist and leads back to the full NRS World interview with Martin Armstrong. #Millettian Key topics Martin Armstrong’s war model World War 3 brush fires Middle East conflict China and Taiwan North Korea and South Korea Ukraine and Russia Macron, Europe, and NATO Global capital flows and geopolitics Full interview on NRS World Guest link Armstrong Economics

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Host Steve Yang Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Clips https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/TheSteveYang X https://x.com/SteveYangStocks LinkedIn https://www.linkedin.com/in/thesteveyang/ LinkedIn https://www.linkedin.com/in/steveyangstocks/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.

Recorded on May 25 2026 at NRS Studios Andy Millette and Tom Luongo close this NRS World interview with a sharp reframe of Benjamin Netanyahu, Israel, Iran, Trump, nuclear material, and the Middle East power structure. Tom argues that if the nuclear material story is true, viewers may need to reassess Netanyahu’s role over the last 20 years and separate emotional narratives from geopolitical strategy. Andy pushes the point further by comparing it to trading: divorce your ego, look at the whole spectrum, and keep revisiting the data. Watch the full interview here: https://youtu.be/PWdotkGDahw #Millettian Guest Links Tom Luongo Gold Goats n Guns https://tomluongo.me/ Host Andy Millette Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Clips https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.

Recorded on May 2 2026 live at NRS Expo 2026 during Andy Millette’s Q&A with Tom Luongo Tom Luongo breaks down why he believes the Iran conflict, Strait of Hormuz, oil flows, Taiwan, and U.S. strategy are part of a larger move to remove global trade chokepoints and reprice geopolitical leverage. In this Natural Resource Stocks Clips segment, Tom argues that the focus is not just Iran, but control over oil pricing, energy volatility, and single points of failure across the global economy. #Millettian Watch the full interview Guest link Tom Luongo https://tomluongo.me/ NRS World https://www.youtube.com/@NaturalResoureStocksWorld Host Andy Millette Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube World https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, is for informational purposes only. Nothing in this clip constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal.

Recorded on May 2 2026 live at 2026 NRS Expo during Andy Millette’s Q&A with Alex Krainer In this NRS World clip, Alex Krainer gives investors a direct warning about banking exposure, de-banking, commodities, gold, and silver. Krainer says commodity investments make sense in the current environment, but he also argues that investors need to think carefully about how much capital they leave inside the banking system. He points to de-banking as an underreported issue and says that if bank access is cut off, investors can quickly find themselves in serious trouble. This clip is taken from Andy Millette’s live NRS Expo 2026 Q&A with Alex Krainer. #Millettian Watch the full interview Guest link Alex Krainer Substack https://alexkrainer.substack.com/ Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube Clips https://www.youtube.com/@NaturalResoureStocksWorld NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ Disclaimer The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.

Recorded on May 20 2026 Larry C. Johnson, former CIA analyst and former State Department counterterrorism official, joins Steve Yang for a direct breakdown of what the CIA actually is, how it operates, and why accountability inside the intelligence world remains such a difficult issue. In this shortened NRS Main Channel clip, Larry explains the CIA as a bureaucracy with classification restrictions, describes the divide between intelligence analysis and operations, and argues that covert action can corrupt the intelligence process when analysts are pressured to support a preferred outcome. This segment covers CIA operations, Ukraine, propaganda, promotion incentives, congressional oversight, secrecy, and why Larry says Hollywood’s version of intelligence work misses the real story. This clip is pulled from Steve Yang’s full Larry C. Johnson interview on NRS World. Watch the full Larry C. Johnson interview on NRS World here: Watch NRS World https://www.youtube.com/@NaturalResoureStocksWorld Host Steve Yang Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Clips https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/TheSteveYang X https://x.com/SteveYangStocks LinkedIn https://www.linkedin.com/in/thesteveyang/ LinkedIn https://www.linkedin.com/in/steveyangstocks/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ Disclaimer This video is for informational and educational purposes only and does not constitute financial, investment, legal, or political advice. Viewers should conduct their own research and consult qualified professionals before making any financial, investment, or policy-related decisions. Galt Consulting Group, doing business as NaturalResourceStocks.net, may buy or sell shares of companies mentioned across Natural Resource Stocks content, including sponsors of the platform. Past performance is not indicative of future results. #Millettian

Recorded on May 20 2026 at NRS Studios Bob Moriarty of 321 Gold joins Andy Millette on Natural Resource Stocks for a wide ranging conversation on the Iran conflict, the Strait of Hormuz, oil disruption, global markets, gold, silver, and resource stocks. Bob argues that the world is facing a serious energy and geopolitical shock, with pressure building across the Middle East, the United States, Europe, and Asia. He discusses Iran, Israel, China, Russia, the GCC countries, oil supply, commodity inflation, and the possibility of major political fallout if fuel and food availability become the central problem. Andy also presses Bob on precious metals, mining shares, sentiment, and why gold and silver may act as insurance during financial chaos. The discussion closes with Bob’s view that resource stocks may become one of the biggest opportunities if capital rotates into hard assets and producers. #Millettian Key topics Strait of Hormuz disruption and oil supply pressure Iran, Israel, the United States, China, and Russia Middle East airspace, GCC countries, and energy infrastructure Oil, diesel, gasoline, fertilizer, food, and inflation pressure Potential political fallout from fuel and food shortages Gold and silver as protection during financial chaos Mining stocks, resource ETFs, and capital rotation Bob Moriarty’s view on resource stock opportunity Guest links Bob Moriarty and 321 Gold http://www.321gold.com/ Host Andy Millette Natural Resource Stocks Website https://www.NaturalResourceStocks.net YouTube Main https://www.youtube.com/@naturalresourcestocks YouTube World https://www.youtube.com/@NaturalResoureStocksWorld YouTube Clips https://www.youtube.com/@NaturalResoureStocksWorld X https://x.com/theandymillette LinkedIn https://www.linkedin.com/in/andymillette/ NRS LinkedIn https://www.linkedin.com/company/naturalresourcestocks-net/ NRS Facebook https://www.facebook.com/people/Natural-Resource-Stocks/100090526686713/ NRS TikTok https://www.tiktok.com/@natural.resource.stocks NRS Instagram https://www.instagram.com/naturalresourcestocks/ Chapters 00:00 Cold open on Hormuz and the new world order 01:02 Andy opens with Bob Moriarty 01:59 If you are not confused you are not paying attention 02:14 Three major points of view on Iran 05:01 Bob says Iran has won the war so far 07:23 Why Iran is difficult to invade 09:22 Exit strategy and Iran’s restraint 10:18 Petrodollar bargain and Middle East security 12:24 Strait of Hormuz tolls and sanctions 14:06 China, Russia, and Trump’s poker hand 19:40 Strait of Hormuz effectively closed 22:18 Why oil prices may be too low 24:06 Europe, Asia, and global economic pressure 27:48 Regime change pressure and food shortages 30:27 When people cannot feed their families 33:17 Summer driving season and oil availability 35:11 Potential benefit of a US exit from the Middle East 37:16 Gold and silver as insurance against chaos 39:45 Mining shares and resource stock opportunity 42:25 Final warning on Hormuz and the world order The content provided by Galt Consulting Group, doing business as NaturalResourceStocks.net, including but not limited to interviews, articles, podcasts, and other digital media, is for informational purposes only. We reserve the right to buy and sell shares of any company mentioned in these communications, including sponsors of the NaturalResourceStocks.net platform. If Galt Consulting Group or any affiliated parties are invested in a company mentioned in our content, we will publicly disclose such investments on all digital platforms, including but not limited to the NaturalResourceStocks YouTube channel, Apple Podcasts, and Spotify. This disclosure will include clear statements indicating whether or not we hold shares in the companies discussed. Nothing in our content constitutes financial advice. Every investor is responsible for conducting their own due diligence and should seek the advice of a qualified financial professional before making any investment decisions. Past performance is not indicative of future results, and investments in the stock market can result in the loss of principal. By engaging with our content, you acknowledge that you are fully responsible for your investment decisions and agree to hold Galt Consulting Group, NaturalResourceStocks.net, and its affiliates harmless for any financial losses incurred.