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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kormac who wrote (6430)	2/2/2002 7:31:36 PM
From: Gator II	Respond to of 206326

FWIW, I would suggest that whoever predicted the U.S. will take on Iraq within the next couple of months is probably right if a preemptive strike on Saddam is going to happen this calendar year. After all, who could question that the stage isn't set? Bush's popularity probably can't be maintained at 85% approval for too long (as Jimmy Rogers says, he can't go anywhere but down from these levels) and key Congressional election campaigns will be upon us in four months or so. What I'm driving at is if he's going to do it, it needs to happen very soon or the democrats will charge he's waging war to impact the Fall elections. All bets are, of course, off if we experience another terrorist attack on U.S. soil. Then I believe we would go after either Iraq or Iran immediately unlike our appropriately delayed carefully targeted initial attacks in Afganistan. The most likely target between Iraq or Iran would be the one that could most easily be linked to the attack. If it happens as I and a few others have suggested, I am, however, concerned that the initial change in the price of oil will not be positive unless Saudi Arabia postures for the Arab world by cutting supply when we launch the first attack.