Middle East escalating and has the potential to drag other countries into a big regional war. Hate to say it but Iran are backed by Russia, Turkey, China etc and Israel, USA and most of the west. This could be bad, but even if it goes along as the current situation and stays confined to Israel v Palestine there are going to be some serious flow on effects and gold will flourish. If it escalates then gold is going to sky rocket, the spring has been tightening for a while, but the FED wont be able to hold it back this time around.
Ann: Issue of Performance Rights, page-30
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