GOLD 0.51% $1,391.7 gold futures

iran vs us confrontation, page-19

  1. cya
    3,836 Posts.
    The new sanctions are so severe it will stop virtually everything moving in and out of the country.

    this article is a bit one sided but it does paint a big picture of what might unfold

    http://kabulpress.org/my/spip.php?article94130

    this would trump the 1979-80 Jimmy Carter crisis and rightly or wrongly send gold sky rocketing upwards

    There is nothing better to rattle a fiat/credit based currency system than a war. its a good diversion from a debt crisis in the western economies.

    The hyeprinflationists like to use the 79-80 as their favourite example of where gold could go, except there wasnt any hyperinflation then either.

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