Iran has a couple of big big deals with Russia & China so this will not be a walk in the park for USA or Israel, that is if they decide to walk, they may crawl.
If however the USA attacks Iran they will put the cost on the plastic never, never, just like they do now. Print more money, or to put it another way, borrow from the rest of the world., however if interest rates do not rise with the risk then the rest of the world will lose interest(I like that)& just like now, start buying gold(or other goods). Naturally with higher interest rates in the USA more & more will be bankrupt & that is on top of the ever increasing record bankruptcies of the past couple of years.
And some say Greenspan is a hero. Absolutely laughable as the Fed is owned by those that have control & how do they get more control? Just keep running the country the way they are right now & when nearly everyone is broke, bankrupt, & out of a job, except those who own gold or tangibles or are running the govt then the banks will buy up as many assests as they like dirt cheap.
In other words the recession we had to have which in real terms & seasonally adjusted will make the 1930's depression look like a sunday school picnic.DaveR asked me how long I thought we had to go 3 years ago & then I said it would happen in the next 10 yrs so that now makes it the next 7 yrs. Just a coincidence that Gold seems to think that I have a chance of being 'on the money'.Notice the trend of the past 3 yrs or so.
The above scenario is my conclusion from recent 'history'.
I may of course be completely wrong & the sun may not rise tomorrow. Wait & see.
