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Neo888

5,152 Posts.

395

08/10/23

10:03

Post #: 70230329
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Originally posted by Launched: ↑

Seems there has been some unfortunate news over the weekend with war breaking out in Israel.
The US has now joined in so I'm guessing we'll see further escalation from here.

Potentially some huge consequences for oil, gold and equities if things really blow up over there.

I did a 'what if' scenario for gold if the war in Ukraine is anything to go by

Can check it out HERE

I could write pages on what effect this may have on oil markets and in turn equities but it's a little too early on in the piece to get carried away but I will say that oil markets are already in a very poor position for anything like this to start.

If they were put under further pressure here then that will have huge implications across the board.

Biden could really go down as the worst president in history if oil blew up here as the US has nowhere to hide from such a mess considering the position he has put them in...

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Here i fixed it for you...

Biden ~~could really go down as~~ is the worst president in history

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