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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (24158)1/22/2006 1:52:38 PM
From: sea_urchin  Respond to of 81164
 
Probability of a future Air strike against Iran by Israel and or US.

I don't know where the figures come from?

members.cox.net

>>A possible attack against Iran by Israel and/or US is one of the major geopolitical risks for the US as well as the Global economy. A strike against the nuclear and military facilities of Iran will definitely cause major oil supply disruptions as well as a stratospheric gold price.

Iran's military capabilities of launching a counterstrike are rather limited in terms of major military actions, but it is possible for them to launch rocket attacks against the Green Zone in Baghdad, targets in Israel and, more importantly, against the oilfields of Iraq, Saudi Arabia, Kuwait, Oman and the Emirates. It is also possible that Iran will try to destroy one or several oil tankers in the Straits of Hormuz - thus blocking the movement of oil tankers in/out of the Persian gulf.

The big unknowns in this situation are the actions of Iran's allies - Russia and China. They will be the major cause of uncertainty of how bad things will unfold. I will leave it to you to imagine what two of these countries are capable of doing...

Anyway, the gold price can easily hit $1000 an ounce. Oil price $100 and up. Stock market is going to decline fast and deep.

Obviously, the oil prices and gold prices can also tell us the probability of a coming attack - and both of these indicators have been screaming that the possibility of an attack is increasing.<<