Coffee and a Mike Dave Collum and Bob Moriarty #1336
Mar 18, 2026
Dave Collum, Cornell organic chemistry professor and commentator, and Bob Moriarty, legendary investor and founder of 321gold.com, trade sharp takes on geopolitics and markets. They probe the real agenda in the Middle East, debate military and casualty claims, warn about private credit and looming energy and fertilizer shortages, and discuss the wider risks of economic and societal instability.
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Iran's Decentralized Readiness Enables Rapid Strike
- Iran prepared decentralized command with 31 independent communities to survive decapitation strikes, enabling very fast retaliation.
- Moriarty emphasizes Iran launched missiles within 30 minutes, demonstrating readiness and distributed operations.
Last Private Flight Into Pre-Revolution Iran
- Bob Moriarty recounts flying the last private airplane into Iran before the Shah fell, giving him firsthand perspective on Iran's mountainous defenses.
- He describes ferrying an F-227 in December 1978 with a mechanic and his pregnant wife aboard.
Private Credit Could Trigger Financial Collapse
- Private credit and private equity are fragile hidden liabilities that may blow up quickly and lack an exit, causing gating and asset value collapses.
- Bob Moriarty points to Harvard trimming allocations and firms gating redemptions as signs of systemic failure.
