Are we at war??

Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

scoutaz_2003

Rank: Vice President [?]

Points: 4121 [?]

Votes: 134 Score: 3.2 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Are we at war??

posted on Dec 28, 2011 11:40AM

I would say yes. When you announce that you are putting sanctions on a nation to restrict or stop them from selling their oil....yes that is an act of war.

Think how the US got into WWII. It was about us cutting the life blood of the Japanese economy Oil...now we are cutting the life blood of the Iranian government Oil...

The Japanese responded the only way they could...they attacked.

How will the Iranians respond....my guess is the same way.

So what does that do for gold....

I would say the US and the western allies are bombing the price of gold to deprive the Iranians of cash from their gold reserves.

The people of Iran have been buying gold as fast as they can to protect their wealth so the US is also chipping away at the assets of the Iranian people...this will undermine the support of the Iranian government...

What happens when the shooting starts?? The dollar goes up big time and gold may go further down....