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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (8263)9/17/2007 3:23:59 PM
From: Davy Crockett  Read Replies (2) | Respond to of 33421
 
I don't want to get into the politics, but I thought it was worth posting the following: This is how I discern what is next FWIW only.

The War Drums Beat Louder.

Get ready for World War 3. (okay maybe a little bit over the top...). Will it be contained to the middle east or will it go global? Only time will tell.

GOLD, Oil & Wheat (especially wheat & GOLD together) are suggesting a very inflationary & unstable environment ahead of us. We have already had an inverted yield curve for some time, which in the past has suggested a possible recession ahead.

The drum beats are rolling louder. I have been thinking about this for a month or so & I don't think that I am wrong or being strident in this regard.

I think that the US, Britain & France are setting up the reasons to hit Iran very hard from a military & political standpoint.

They are priming us for the event.

I don't think that there will be any pulling back...

Get ready for $150.00 oil at least & some very expensive GOLD.

Some current news headlines...

Bush setting America up for war with Iran
telegraph.co.uk
Iran warns Western nations against confrontation
abc.net.au
France ups ante in war of words with Iran
breitbart.com
U.S. confirms Syria-N. Korea nuke link
worldtribune.com
600 Iranian missiles said to be pointed at targets in Israel
jpost.com

Potential Threats To Israel: Syria
jewishvirtuallibrary.org
Rising Heat-- Sept. 7, 2007 - Are Israel and Syria edging closer to war?
msnbc.msn.com
Speculation flourishes over Israel's strike on Syria
guardian.co.uk

All FWIW only & I will not respond to political discussions.