TWI said:
After all that main influence is not this story it is cold weather in US after seasonable warm spell and the new leg lower in the dollar/monopoly money.
Nobody in their right mind can believe at this stage that Us is stupid enough to go along with this or indeed that congress would ever pass such an incredibly stupid idea.
This piece of news is going to grow as the time approaches end of Feb / March time. I'm still not sure markets have given it sufficient weighting but some people already in the know. In fact you can virtually time it from the point gold hit 600$.
Here is my perspective on the developments. Sorry it's a little off this thread but it may provide an indication to the gravity of the developments which I feel probably most TAs ignore. Acting on the news very early on - buying Gold when it touched $608 has made me very happy.
I'm not sure of an out right attack by any party but what I suspect we will see increasing provocation by the US against Iran. They have already arrested 5/6 of their diplomats again.
I suspect we will see a chase and border pursuit (as indicated by madam Rice) crossing into Iran and a shoot up will follow.
The hope or expectation is that Iran will respond with disproportionate force to save the honour / face of the country and leaders. At least this will be what the US will be hoping for in turn to justify US's disproportionate offensive - full bombing of Irans strategic sites.
HOWEVER, THE BUSH AMDINISTRATION ARE MAKING A COLLOSSAL BIG MISTAKE AS THEY HAVE BEEN FOR SOME TIME IN IRAQ.
1. No WMD found in Iraq
2. No Nuclear weopans found
3. Switch to democracry not thought through as Iraq 54% Shia (currently support US) support Iran
4. Attack on Iran will mean Iran and Iraq (+Sunnis & Shias) will unite (despite having thought wars against each other) and turn on US.
5. US friendly allies like Saudi Arabia, Egypt, other Arab countries will have difficulty controlling their popullations even if their puppet governments support the US.
6. Russia and China will support Iran...
7. US is playing stupid games as invading Afghanistan was a ploy to open up a rear guard action to sorround and attack Iran. (Some people still think and blieve Osama working for CIA - I don't but I can see how one may think that way).
8. The Chineese and Russians played out Asian joint military training exercises couple of years ago. They recognise US is trying to claim Afghanistan and Uzbekistan & the rich mineral resources of the Caucases.
9. Does anybody believe Chineese shooting down one of their satellites was a per chance test run. Timing is coincidental perfection for sending signals.
10. Does anybody remember the bombing of Chineese embassy in Belgrade because the Americans had an old map.
11. China gets large part of it's oil from Iran. America is playing games to disrupt China's economy.
12. It was US who recommended Iran build a Nuclear deterrent when it was a puppet US regime under the shah.
13. If the US does go to war in an effort to disrupt Iran all hell will brake loose in the Middle East and will spill to rest of the World.
I sincerely hope common sense will prevail and the US Administration will see the light.
14. TO TOP IT ALL OFF. WE HAVE A GLOBAL WARMING SCENARIO THAT IS IMMINNENT UPON US ALL. THE USA IS THE BIGGEST POLLUTER 25%+ WITH ONLY 3% OF THE WORLD POPULLATION AND AS WELL AS GIVING ALL KINDS OF TAX BRAKES TO BIG OIL INDUSTRIES IT GOES TO WAR AGAINST OTHER COUNTRIES TO STEAL MORE OIL FROM THEM.
15. Iraq puppet parliament have signed a deal allowing foreign (US & UK) companies to invest in their oil industry and keep 70% of their profits after costs.
THIS IS THE BIGGEST THREAT FACING MAN KIND AND MOTHER EARTH - THE USA IS THE ONLY COUNTRY NOT TO SIGN THE KYOTA AGREEMENT.
To put it all in perspective I think blowing up the middle east and making it radio active for the next 500 years + will save the mother earth and the rest of mankind.
We are at the cusp of a new era. The end is nigh...