Monday, July 22, 2013

Weiss sees war coming.

Here is how it is put:

"The good news: Iran won't nuke Israel.
The bad news: The war to stop it will be ugly.

Here is how [they] think events will unfold ...

  • An Israeli strike on Iran nuclear facilities and missile development infrastructure will lead to ...

  • Vicious air war over Syrian, Lebanese and Iraqi airspace, followed by ...

  • An Israeli land invasion of Lebanon to neutralize Hezbollah’s rocket capacity, while  ...

  • Iran tries to choke off oil exports through the Strait of Hormuz!

Then it will get even worse ...

  • Egypt’s paramilitary Muslim Brotherhood will obstruct the flow of oil through the Suez Canal.

  • The final blow: an Iranian missile strike on Saudi oil fields.

When all this happens — and it will — world markets will suffer the worst one-day loss since 9/11. Crude oil could skyrocket to as high as $200. I expect to see gold make daily jumps of $100 or more.

If U.S. carrier groups in the Arabian Sea come under fire, we could see $300 oil and $2,000 gold — or even more!"

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