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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

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Nov 10 4:00 PM EST

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To: elmatador who wrote (5278)	4/4/2006 4:23:10 PM
From: Maurice Winn	Read Replies (1) of 217656

Could be? <They say Iran could be* testing arms in the Strait of Hormuz, a key tanker nexus, to dissuade Israel and the United States from taking military action against Tehran's nuclear programme*> That's a certainty, not a could be. In 1984, I was looking after bitumen for BP New Zealand and I had to allow for the Straits of Hormuz being closed and it was a great hassle which I could do without. The mere threat of war is enough to send most ships scrambling for cover and insurance premiums through the roof. Iran wouldn't need to actually sink anything to shut the place. That would bring quite a lot of military activity down on them, so it wouldn't be a great idea, but it's a way of showing they do have some cards to play in the confrontation over them developing nuclear weapons. Nukes would enable them to control the straits even better. They won't be allowed those. Mqurice

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