Oil and gold prices set to soar on the developing IRAN story

[swissaustrian]

So it seems like the US is preparing a war with IRAN.
Needless to say that this is total insanity.
Probably it´s a giant stunt to raise the chances of Obamas reelection and to get the intention away from the economy. This is a political game that "leaders" always play once they loose support amoung the population. Maybe we won´t have a war. But the "threat" of a war will probably be held up at least until the presidential election is over.

Here is my take on that from an investing point of view:

If the rhetoric of US officials gets more aggressive over time, oil prices will explode. You think Libya caused a big rally in oil? Wait until the market discounts a war on Iran. In the past week WTI and brent already had quity a rally. Maybe some insiders knew something? Gold will soar as well.
Besides direct commodity investments and ETC´s, oil companies that are NOT engaged in the Middle East might be an interesting buy, like:
- Norwegian Statoil
- Brazilian Petrobras

[teacherone]

hmmm

[fatjohn]

Paul should have numbers on how many trillions we would have saved if we didn't had to pay 90 $ oil but 25$ like before the war.

[swissaustrian]

Paul should have numbers on how many trillions we would have saved if we didn't had to pay 90 $ oil but 25$ like before the war.

He kind of said that in 2008:

[swissaustrian]

Brent and WTI both up more than 3% today

[Joshua2585]

From what I've read, it seems as though most people realize that the government is full of crap. I've been reading these war-monger stories and a majority of the comments on all the stories I have seen have people referring to "wag the dog" and talking about how they don't believe anything the gov. says anymore, etc. I think a lot of people realize that the gov. is lying. It is pretty blatant and obvious.

[swissaustrian]

From what I've read, it seems as though most people realize that the government is full of crap. I've been reading these war-monger stories and a majority of the comments on all the stories I have seen have people referring to "wag the dog" and talking about how they don't believe anything the gov. says anymore, etc. I think a lot of people realize that the gov. is lying. It is pretty blatant and obvious.

Certainly a lot of people are waking up. But sadly the majority is still totally clueless. I´ve seen Biden talking about "all options beeing considered" etc. The US gov. is preparing a war, I´m sure The msm is doing the cheerleading

[Arklatex]

I have a feeling this is their last huhrah.

What if one day the truth can't be stopped and a bunch of people start going to jail? I'm talking about thousands all across the world including the Bushes. And maybe they are even scared.

The oil industry profits from this. Who here thinks there isn't non-carbon based energy our government and these tyrants have been suppressing(and actually using for themselves)? I'm not talking about wind or solar but technology that was Rediscovered by Tesla based on electromagnetism.

New age of truth is about to dawn - mark my words.

[swissaustrian]

So the story continues, from our friends at zerohedge:

Fears Of Iran Nuclear Weaponizing Lead To Brent Break Out
What is today's most underreported news of the day, and the reason Brent is breaking out, is that according to WaPo, IAEA is about to report that Iran is on the verge of becoming a nuclear state: needless to say this is just the green light all of its enemies need to launch a pre-emptive strike (not to mention, GDP-boosting). Below is some must read commentary from Emad Mostaque of Religare Capital Markets on what this IAEA finding will mean for the region, for the world and for what really matters: capital markets.
The IAEA report on Iranian weaponization is due to come out earlier than expected on Nov 9th. We maintain our belief that this report is likely to state that Iran close to becoming a full nuclear power and we look at the near term implications in this note.
Nothing new: The report is unlikely to contain much new information, but rather to “connect-the-dots” in line with increasing US/Israeli influence over the IAEA. It is very difficult to prove weaponization absent a mushroom cloud.
Breaking out: We believe that Iran does not intend to create nuclear weapons but are looking to reach “breakout” potential to act as a deterrent. We believe this is 6-12 months away, shifting the balance of power significantly. Iran will continue with its program regardless of international sanctions or pressure.
Oil support, sanctions and attacks: Oil should get more support and take the Brent-WTI spread back toward $20 given the broken nature of that market. The first move may be to sanction the Central Bank of Iran, cutting oil exports and dividend repatriation (negative for MTN and the like). Russia and China will push back on this toward the end of the month, increasing the probability of an attack on Iranian nuclear facilities late November/December, which we upgraded to 40% a month ago.
Full report:
http://www.scribd.com/doc/71934299/M...gy-Iran-So-Far

http://www.zerohedge.com/news/fears-...rent-break-out

[swissaustrian]

Zerohedge reports that US aircraft carrier CVN 77 George H.W. Bush just arrived at the shores of Syria.
If the US attacks Syria, Iran will be pushed to do something.
http://www.zerohedge.com/news/aircra...ry-immediately