The war profiteers are standing line waiting to practice their own peculiar and morbid brand of alchemy as they turn the blood of American soldiers into gold.
What follows is a “how to” list. It shows you why Boy George Bush and his pirate companions are doing nothing to drive down high oil prices. It will show you why bailouts are for large banks, not for the struggling middle class. It will show you that the poor are not overlooked, they are irrelevant. It shows you why brave men and women went off to war without proper body armor, safe vehicles and a corrupt supply line.
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Breaking News from Newsmax.com
Iran War Danger Creates Huge
Investment Opportunities
In the last few days, the danger of expanded war in the Middle East has greatly increased.
In
Northern Iraq, Turkish troops intensified attacks on Kurds, creating a new danger of intense warfare in this previously largely peaceful area. Also, just yesterday, the Bush administration announced major new sanctions against Iran which make war more likely.
The new U.S. sanctions against Iran include the U.S. freezing Iranian assets in U.S. banks, blacklisting three Iranian state-owned banks and companies controlled by the Iranian defense ministry, and reiterating that the U.S. regards several branches of the Iranian government — including the Islamic Revolutionary Guard Corps. (IRGC) and Iran’s elite Quds Force as terrorist organizations responsible for the deaths of U.S. soldiers through their support of insurgents in Iraq.
The new U.S. sanctions will make it much more difficult for Iran to transact business in the U.S., but more importantly make it unlikely that the U.S. and Iran will peacefully settle their differences over Iran’s nuclear enrichment program — which the U.S. insists is a prelude to Iranian nuclear weapons, and which Iran insists is only for the peaceful production of nuclear energy.
Further sanctions against Iran and U.S. insistence that Iran abandon all nuclear enrichment programs make a diplomatic settlement with Iran less likely. That’s because Iran’s nuclear program is a source of national pride (as well as a major investment), and any Iranian leaders who surrender to the U.S. on this issue would likely be signing their own political death sentence.
The bottom line is that war with Iran is now much more likely before Bush leaves office, with enormous effects on world oil and gold prices, and the U.S. economy.
[Editor’s Note: Recently some of our Newsmax subscribers took advantage of Jarret Wollstein's recommendation to buy Australian dollar calls and were surprised to see their investment doubled in a day. Learn more. Go here now.]
Here is what I expect if the U.S. continues on the path to war with Iran:
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- Oil will go over $100 a barrel in the next few months, and over $120 by this coming spring. Gasoline will go over $5 a gallon nationwide
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Gold will be $840-$860 an ounce by spring. (It is currently at about $765.) Silver will be over $16 an ounce.
The dollar will continue to plunge against strong foreign currencies, like the Australian and Canadian dollar. Besides rising commodity prices, a big reason for the continuing dollar plunge is continuing U.S. monetary inflation, which is the only realistic way the administration has to pay for ever-increasing war spending.
Interest rates will increase substantially and loans will be harder to get.
Recession in the U.S. by next summer is highly likely.
If a shooting war actually breaks out with Iran, look for oil to quickly go over $150 a barrel ($8 gasoline), and gold over $1,000 an ounce.
Fortunately, there is some good news, for investors who are aware of these likely developments:
Huge Profits Now Possible
With Canadian Dollar
A falling dollar and sharply rising oil, foreign currency, and gold prices, mean big profits for investors who put money in these sectors.
During the next six to 12 months, I see many opportunities to duplicate our recent success with the Canadian dollar $0.95 calls, up 300 percent in two months (about 1,800 percent annualized) . . . $75 oil calls, up 346 percent since January . . . and even our superstar, Australian dollar $.085 calls, up 2,082 percent in a little over two months (an astronomical 12,000 percent annualized).
And right now, as a valued Newsmax customer, you can try my Intelligent Options service completely risk free for 60 days for just $99.
To get started, click here.
Thank you,
Jarret Wollstein,
Editor, Intelligent Options
Buddy, can you spare a cup? Buy this guy a coffee!
To donate, click here. Thanks!
1 response so far ↓
1 So, about this democracy thingee . . . // Nov 5, 2007 at 14:43
[...] prices are on the march and the neocon financiers are betting they will hit jackpots at the gas pumps and can’t wait for some kind of war [...]