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

To: Q8 who wrote (111713)	10/12/2008 5:24:20 PM
From: Kayaker	Respond to of 206361

Yes, I remember that.

To: Q8 who wrote (111713)	10/12/2008 5:52:28 PM
From: Kayaker	Respond to of 206361

Strike on Iran Would Roil Oil Markets, Experts Say Price Hits Record Close; U.S. Tightens Sanctions By Steven Mufson Washington Post Staff Writer Friday, October 26, 2007; A01 ...."If war breaks out, anticipate that all hell will break loose in the oil markets," said Robin West, chairman of PFC Energy, a District oil consulting firm.... ----------------------------- Iran attack would cause market chaos. Publication: Sunday Business (London) Date: Saturday, January 27 2007 Jan. 27--The dollar, sovereign bond yields, stock markets and industrial raw materials would plunge while oil, the euro and gold prices would benefit if America or Israel attacks Iran in coming months, according to a detailed analysis by a leading investment bank. Crude oil prices could reach $80 ([pounds sterling]40, E61) a barrel while possible Iranian attacks on other supplies from the Gulf would "quickly revive talk of $100 a barrel", the report says. Written by Charles Robertson, ING chief economist, the document says: "The financial markets are assuming... allbusiness.com -------------------------- What if Israel does attack Iran? By Nick Louth July 18 2008 ....What would happen to the world economy? Quite simply the economic consequences of such a raid would be cataclysmic. It isn't just that Iran is the world's second largest oil producer, with the third largest global reserves of oil and the second largest of natural gas. The truly significant part is where Iran actually is. Even assuming that Iran was militarily humbled, it would still be able to turn off almost the entire Middle Eastern oil tap, not just its own production. That would hit every single oil importing country on the planet. Forget the well-publicised missile tests. When you're that well-placed, you don't really need much military power to make your point.... money.uk.msn.com