2 bits that matter for the australian dollar, page-5

  1. cya
    3,836 Posts.
    Goodie

    Its getting to a very interesting stage, the sanctions are extremely severe and would have an immediate impact. I can only assume that the sanctions are made that way to provoke a major confrontation.

    Obama is pinned down domestically and a major confrontation would divert a lot of pressure of him economically. Congress have basically given Obama permission to go to war. So if its going to be a fizzer then it better fizz soon.

    The sanctions virtually wipe out oil revenue to Iran . Either Iran will back down or they will do something spectacular.

    Gold (physical) has to be a good thing at these prices IMO
 
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