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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.27-0.2%Nov 21 4:00 PM EST

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To: elmatador who wrote (5278)4/4/2006 6:54:21 PM
From: TobagoJack  Read Replies (1) of 217986
 
Elmat, here are some of Iran's goodies ...

china-defense.blogspot.com

china-defense.blogspot.com

... all seems defensive in nature but can certainly take out a whole lot of oil tankers in a hurry, as long as they are close to the coast.

Unless, unimpeded, and with enough talent and oil money, Iran can always aim for such an unique janes.com system - then not so close to coast any more.

In all cases, a tanker war could of course be a win-win-win in some broken-window sense, as China/Korea can build more tankers for the world, and India can work to break hulks to recycle material for same. An interesting win-win-win loop :0)

Recommendation: buy oil, even though it may correct, but not to the extent Maurice imagines it would, as in USD 2/barrel

Chugs, J
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