Here's the latest escalation from Iran, what will gold do on Monday after this ? The correction we just had in silver may be very short lived.Earlier today the navy of the Iranian Revolutionary Guard Corp boarded and seized the container ship MSC Aries near the Strait of Hormuz. The ship is operated by Zodiac Maritime, a company owned by the Israeli billionaire Eyal Ofer.
The seizure of the ship can be understood as a warning to the U.S. and its Gulf allies to not get any funny ideas and to attack Iran. A closure of the Strait of Hormuz would increase global oil prices and jeopardize Biden's re-election.
https://www.moonofalabama.org/2024/04/irans-retaliation-delay-keeps-pressure-on-us-and-israel.html#comments
Michael Oliver calling for US$50 Silver by November buckle up !, page-39
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