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I really hate to agree with skol but I believe if whoever...

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830 Posts.

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15/06/19

18:25

Post #: 39076126
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Originally posted by Skol: ↑

Yep, the war drums were beating and the goldbugs frothing at the mouth at the thought of some real carnage, they certainly emerged from the cracks in the last couple of days.

It's more than likely a flash-in-the-pan,

Does anyone want a hot war? No
Do the Iranians want thousands of tons of oil washing up on their coastline? No
Does anyone want bodies arriving home in boxes? No

It was a half-hearted effort anyway, real torpedoes would have blown those tankers in two, it was a mickey mouse protest and in the event of real hostilities the place to be would be the USD and oil ETF's. 'Paper oil', a term goldbugs would probably have trouble coming to grips with, they'd want the real thing stored in their garage. The DJIA and other indices were mostly neutral, no one cares.

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I really hate to agree with skol but I believe if whoever attacked those tankers wanted them sunk they would be...
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