It appears Israels invasion is imminent....
Julio
Posts: 2,501 ✭
What if any effect will this have on PM's. jws
0
Comments
Any real sabre rattling over there would have a large effect on gold.
Knowledge is the enemy of fear
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Sorry for the double post.
<< <i>Wondering what the impact of the Israelis hitting Iranian nuclear sites will bring to the markets. >>
Irradiated precious metals...!!!..
this will have zero impact on the PM market
<< <i>Israel has been doing everything under the radar to provoke this.
this will have zero impact on the PM market >>
Israel provoked this? All I saw was Hamas start it by sending 30+ rockets into Israel on Dec 24th.
<< <i>...why would it hurt silver and help Gold. >>
This invasion will have relatively little effect by itself. Something unexpected or
significant threats by other regional players would have a big effect. Any action
by Iran or Syria would not already be factored into the markets.
Events that threaten stability tend to make gold look attractive but if these same
events threaten industrial production through oil shortages or allocation of resour-
ces to military applications then silver will be negatively impacted.
There's a good deal of posuring going on in the UN and in the Arab world, but I expect that most observers will let Israel do the dirty work here without important objection or efforts to punitively affect the markets. Iran may be the only party sincerely aggrieved, but the sanctions have long since cut off their significant global financial impact.
Here's a warning parable for coin collectors...
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By existing?
I knew it would happen.
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<< <i>Israel has been doing everything under the radar to provoke this. >>
Care to give a few examples or even one example? Immediately after the attack on the WTC on 9/11, the TV news stations showed the palestinians dancing in the streets as if they each won the lottery so you can guess which side I am rooting for.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
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I knew it would happen.
I can't even understand why they label it "news"
<< <i>
<< <i>Israel has been doing everything under the radar to provoke this. >>
>>
please send a PM to me if you have a question about this comment. i have responded to threads posted in a PM and below.
i really do not think it matters all that much as far as precious metals, it might do something to oil. there are two sides to EVERY story, neither is 100% right
this below was the PM I sent.....FWIW, the second sentence is of course IMHO and conviction.
yes at all the border crossings, taunting, bravado, by IDF weeks prior. the Israelis have controlled the border crossings, anyway.
Hamas IS evil, Israel wants an excuse to wipe them out, i should have made it more clear in my post but i have a feeling this thread will get nuked sooner or later.
Bill
<< <i>i really do not think it matters all that much as far as precious metals, it might do something to oil. >>
Oil went up this morning in reaction to Iran threatening a boycott in response to the IDF's actions.
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