iran has the usa over the barrel

One may say that the taunts from Iran have the following motives:

1. To convince the population that the US is a war hungry nation. By repeating accusations every day, they mop up the last resistance within the country.

2. Increasing the solidarity of the terrorists they control and the will to fight the Infidel. This affects many countries.

3. To make the US look ridiculous by taunting them knowing that Bush is not popular in many countries.

By blaming the Iraqi situation on the USA and the West Iran instills the conviction that a payback at some stage is possible. This could start with higher oil prices.

4. To sap the economic strength of the West by keeping oil prices high. The continuous repeated utterances each day keep up the price of oil and gold. This will affect the economies of the West, including the USA.

5. The USA is badly prepared for any oil shocks because it has no policy.

6. Venezuela is quiet at the moment but could put the pressure on oil consumers (Particularly the USA) any time it wants to do so and so promote higher oil prices.

Summary. This is just another angle on the speed the value of Gold has increased and there are many other decisive causes; some like this suddenly come to the fore. There will be another tomorrow.

The invasion of Iraq by the US has given Iran unheard of opportunities of promoting fundamental Islam in this world.

A higher oil price is just one of the weapons being used.

We are living in very unsure times; those holding Gold or Gold stocks are well aware of it.

Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.

GOLD 643.7