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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: TobagoJack who wrote (13200)1/2/2007 11:04:11 AM
From: Slagle  Read Replies (2) of 217591
 
TJ,
Maybe, but it is just as likely that Iraq will be a positive for the US and the world economy as things develop there. After all, the enemy has shown their teeth and about all they are capable of doing is setting off bombs with cell phones and garage door openers. Before long oil may be flowing toward the West in new pipelines and the "worlds second largest oil reserves" may be exploited.

Saudi is a huge risk, I have a sister in law there and we fear for her safety. But if something happens there I think the USA will have plenty of help, all of Western Europe probably, as all these folks are so dependent on Saudi oil. BUT without a doubt, something serious is going to happen there in time.
Slagle
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