The market is tanking and gold is spiking because Israel is ignoring all the advice to "deescalate" the situation and has said they will retaliate when it suits them.
Biden has said, the US will not join Israel in attacking Iran, but Putin has said Russia will help Iran to defend itself against Israel.
So what's Israel going to do now? Some think they will take this opportunity to blow up all Iran's nuclear facilities and they have some big bunker buster bombs. This will not only make Iran very angry with Israel, but Russia won't like it either because they are building all those nuclear facilities and hope to make money from it.
The problem is, Israel might see this as their last opportunity to do Iran in (with US help) and save themselves from being "wiped off the map". So they could very well start a major war with Iran and drag the US in. Then we have a US vs Russia war going on in the ME and Iran happy to push to button on Israel after Russia smashes the iron dome. With Israel defeated, Russia-Iran will go after Saudi Arabia and get a stranglehold on global oil.
So watch this space and pass the popcorn.
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The market is tanking and gold is spiking because Israel is...
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