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<p>[QUOTE=&quot;jolumoga, post: 26738745, member: 41780&quot;]I think there will be a complete about-face on the Iran situation. It looks like Iran controls the strait. The only way to take full control of it is boots on the ground - hundreds of thousands - to completely topple the government and install a new regime. Even then there would be no guarantee of stability. I don&#039;t think there&#039;s an appetite for boots on the ground, though. Until then, this is bearish for precious metals and the stock market, and bullish for the oil price. Of course, there could be monetary easing in the pipeline to rescue the markets. We&#039;ll wait and see.[/QUOTE]</p><p><br /></p>

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