War,Conflict with Iraq what if?

snake

What will be the effect of the above on the coin and bullion market if this occurs? Your thoughts please.Snake

Steve27

None, the only effect from such a war will be on the price of crude oil/gasoline (which has already gone up in anticipation of such a conflict). Historically, gold/silver have gone up in such situations, but in modern times a flight-to-safety involves buying US dollars.

birddog

I believe the answer to that question depends on what type of war it is, and "it is GOING" to be some thing. If it is all over there, and it remains conventional, the effect will be felt here in the energy field as is stated, and the stock market. People will go on about their daily lives as was the case during the Gulf war. Our economy will be less likely to respond favorably as is predicted for next year, but it will not do much then either even with out a war. Should it become more than conventional, any thing can happen. The key for us all now is to be more aware of the future should any thing in that area of the world becomes more un-stable.
I personally believe there are some tough times ahead.

bd