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07/06/08
11:54
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These are all interconnected.
The massive surge in both oil and gold cannot be solely due to the worsening employment data coming out of the US.
The Iranian nuclear programme and the US/Israeli reaction has been festering for a long time and now appears to be coming to a head.
Will it be an Israeli strike on Iranian nuclear plants (privately endorsed by the US)?
Or will the US find some other "casus belli" to launch its own miltary strike against Iran?
This whole thing could blow up overnight (pun intended).
Are gold and oil prices telling us something?