Heading Back to War

It looks like we're heading back to war in Syria...

http://www.cnn.com/2013/06/13/politics/syria-us-chemical-weapons

The bump in Oil prices that will surely occur "could" spill over to PMs.

 

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clearly NOT in the best interest of the USA (but what else is new)

 

kind of a stretch to be posted in "bullion investing"...but, mmmmmk

in other recent news, global warming has been estimated to be averaging 1 degree per decade, which will make polar ice caps melt, crop yields to decrease due to decreased precipitation, which will cause panic and MAY cause a stir in the PM market....

seriously poo of the yak?

 

My observation (over the past 40 years or so) has been that Middle East wars tend to push up oil prices and rising oil prices tend to push up PM prices.
Perhaps I'm wrong. Let's watch and see what happens....

I can envision a scenario where we start bombing Syrian targets. Hezbollah launches Russian supplied missiles from Syria, into Israel. Israel retaliates by launching selective attacks against Syrian targets. Both Syria and Iran declare war against Israel and the US.

Israel retaliates by launching attacks against Iranian nuclear facilities. Once that door is opened, the Russians send "advisors" to Iran. We bolster our positions in Iraq and Afghanistan...and the next thing you know North Korea and China are settling old scores with South Korea, Taiwan, Vietnam, and Japan.

It doesn't take a rocket scientist to know we had better "measure twice, cut once" when dealing with Syria.

 

If we could frack out all of the natural gas in upstate NY we could tell the Arabs to go take a hike............

 

Here we go...:sniper:

US to Increase Military Support to Syria Rebels

http://www.cnbc.com/id/100814710

 

But the US has cut the board countless times and it's still too short.

 

Yeah Obama is in danger of being impeached at home. Sooooo what better way to dodge it, than to get us involved in another endless bloodbath.

 

I didn't start this post to start a political discussion.

I've been talking a lot lately about the direction of PMs, I feel an obligation to mention changes to market fundamentals that could significantly affect the value of PMs over the next six (6) months. An escalation of hostilities with Syria and Iran will certainly do that (imo).

In other words, if someone was thinking of accumulating PMs anyway, they may be safe to begin now (slowly) rather than waiting for silver to reach $18/Oz. That's all I'm trying to say in this thread...:thumb:

 

and i hope u didnt think i was really giving you a hardtime. reading your older posts points that you see this $18 an ounce level as a real thing and this was simply related. i gotcha poo of the yak

 

I hadn't heard ANY rumblings about this in the mainstream media, so I'm assuming this is political commentary, and, as such, doesn't belong in this thread.

 

If only American politicians would do that: "measure twice, cut once", before getting us into another war in Asia or the Middle East. Neo-con types, whether Democrat, or Republican, always are looking for another war. And since Viet-nam, those wars almost always turn out badly for us. But once politicians start scaring us with tales of "WMD", & beating the "Patriotism" drum, most ordinary Americans gladly go along......Anyone who disagrees is not "Patriotic"......

 

Bullion does seem to rise slightly during war and conflict. But, depending on the location, I think just the opposite could happen. I've always wondered what a war either involving, or dramatically effecting countries like China and India, who stockpile more bullion than any other countries, would do to the world economy. I think China, at least, would start dumping it's gold reserves, flooding the market, and in essence destroying the world bullion markets, and potentially crippling economies worldwide. There are always two sides to the way bullion reacts to world strife, and thats my take on what could happen.

 

You didn't? IRS scandal regarding targeting of tea party groups, NSA scandal of illegal surveillance of U.S. citizens, where have you been???

These are the two biggest stories out there.

 

On balance, I'm very proud of the stands our country has taken over the years. I feel the world is far better off with the United States than without. WWI, WWII, Korean War, Vietnam War, Grenada, Nicaragua, Bosnia, Middle East Peace initiatives, Iraq, Afghanistan...I feel our presence in world affairs has saved countless lives and made life better for most...and, yes, while protecting U.S. economic interests.

Can we afford to keep doing this alone? ...nope. Our Allies need to take a stand! 93,000 people have been slaughtered in Syria...and millions have fled the fighting. Should/can we stand idly by and just watch this genocide unfold or do we take action?

I'm a Conservative, but I support President Obama; I think something needs to be done. My only concern is whether or not all the ramifications (and the ramifications will be substantial) are considered and accounted for...before we act.

I suppose that can be construed as "political", but it's not intended to be...I apologize to the Mods if they feel it is. My only point for bringing any of this up is to alert bullion stackers to the events about to unfold...so they can plan accordingly. :thumb:

 

Thats because most of the mainstream media is controlled by his supporters. Don't trust the mainstream media.

 

Getting way too political boys. Tone it down........

 

You may be right...if there is an India/China conflict.

Any action by the United States...towards Syria...will be considered an Israeli action toward Syria. Let's just take that as a given. Hezbollah (an Iranian surrogate) will hit Israel with missiles. Hezbollah missiles aren't like the missiles of the past...they now have Russian missiles that can hit major cities with accuracy. If we can't talk the Israelis out of it, I'm concerned they will hit back against Iranian nuclear facilities!

The minute that happens, the Iranians will attempt to shut down the Straits of Hormuz...driving oil prices (and PMs) to the moon! We'll, of course, break the blockade bringing the Russians into the picture...STALEMATE! We'll negotiate a lifting of the blockade, but the Iranians will go right back to producing "peaceful nuclear energy"...backed by Russian "advisors".

...and the dance continues.

 

I'm doing my best!

I think I made my point about Middle East tensions and PM prices...I'll take your sage advice and bow out! :bow:

 

"War is over. (If you want it.)"