happen to believe everything you are saying but the direction of silver is all anyone cares about at present. The vast majority of which is used for industrial purposes, and if Iran escalates this conflict by hitting undefended oil targets across the Middle East (especially vulnerable in Iraq) then oil is going over $100 and the global economy will tail spin - putting excessive pressure on Trump (who always has to be popular).
Causing an "unpopular" unnecessary recession ain't his natural gig. The US has no stomach for more war, and Iran knows it, and Israel cannot afford this $200mil per day war either - missile defence is outrageously expensive compared to drones and cheap missiles (the Iranian kind).
We'd better hope Iran chooses not to escalate!
ARD Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held
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