The following link is over 2 weeks old, but makes the argument that the US is going to attack Iran soon. This would be a huge oil price shock, but normally such a thing would also be a gold price boon as well. We've had a calm period where there's been only muted worry in the mid-east. If this is more than saber rattling or speculation, would such an event push gold prices off the fence?

http://www.newsmax.com/newsfront/Rep...

May be a good idea to fill up the gas tank, oil tanks etc. It may also be the case that an increased risk of war will shift the mindset on Wall Street and Bay Street.

With respect to Tyhee's PA, I wonder how much attention they have put into how high oil prices can be mitigated. Perhaps it will emphasize how much the pottential electiral supply from the hydro facility will save on rapidly escalating oil prices.

We'll know soon enough.

SKELEG