Tempers Heating right up in Middle East... Gold is up $ 2.50, so far tonite, nicely above $1600... US$ 82.10 and looking lower...
An attack on Iran Nukes by Israel, US$ is now imminent..Plans are to strike before US Elections...Iran terrorists proxys have been very busy lateky,with the help of Hizbulah in gaza, killing over 20 Egyptian soldiers...This is only the most recent of a number of war front opened up by Iran proxys...Lebanon, Syria, Yemen etc....The IDF killed all attemps to enter Israel...
Threats and counter threats all week in relation to Iran's promise to block off the stratght of Hormuz, thereby cutting off all OIL supplies to the west,,,many measures have been put in place to circumvent said straight, like Oil pipelines t5o Turkey and Pakistan etc...BUT Oil prices in my view, if this does in fact happen will move UP...and of course so will Gold...No doubt an attack on Iran Nukes will destabalize the ME...how quickly will US$ takes to "repair" the stituation/distruction remains to be seen, IFit can ever do so.....
Mellow...