iran - oil and pms

Historically when the economy turns bad we go to war...

We are in a bad economic sitiuation and already at war and it seems we are going into a worse situation so could the wars get bigger?

It seems that the US, Isreal and the UK have been making preparations for a strike on Iran while we are all distracted with the EU crisis.

http://www.telegraph.co.uk/news/worldnews/middleeast/israel/8864696/Benjamin-Netanyahu-seeks-cabinet-support-for-Israeli-strike-on-Iran.html

http://www.guardian.co.uk/world/2011/nov/02/uk-military-iran-attack-nuclear

http://news.sky.com/home/world-news/article/16101552

If this happens, in the short term the makets will absolotuley crap themselves.

The first thing Iran would likley do in retaliation to punish the West would be to try to cut off their oil supplies by sinking a few oil ships in the straight of Hormuz at its narrowist point thus blocking the access and the flow of oil.

Oil will rocket (GGP would be a good one to own) and due to the inflation affect gold and silver will benefit massively).

Who knows if it wil happen but they sure seem to be making plans for it and if history is anything to go by top up on your gold and silver.