An Attack on Iran By America and Israel: Gold’s Blast-off?
- The chances of an attack on Iran is rising. The military industrial complex and their bought out media whores are escalating the lies and propaganda to justify this war. No doubt, many insiders will make a ton of money when this war starts. Just how high will gold price rise to? Marc Davis writes :
Gold prices will surge to unprecedented new highs in the event of a military showdown between Western powers and Iran. This is the consensus among various leading investment industry forecasters.
Among them is Bob Moriarty, the editor of the popular mining investment news and analysis web site, www.321gold.com. A fighter pilot during the Vietnam War, ….. Moriarty believes that the latest drumbeats of war are reaching a crescendo and the prospect of yet another military quagmire for the U.S. can ultimately only benefit gold – the investment lifeline of last resort.
“The price of gold will go through the roof…You’ll quickly see $5,000 gold. But it will also become radio-active,” he says. “This is because an attack on Iran ultimately will end up with a nuclear war. One that first involves Israel and then the U.S. And it could escalate from there if either Russia or China decides to take Iran’s side in order to protect their access to Iranian oil.”
Since Israel is over a 1,000 miles away from Iran, a conventional ground war – even one spearheaded by air assaults – would not be decisive in Israel’s favour, Moriarty argues. Only a pre-emptive nuclear strike would truly thwart any ambitions Iran may have to build its own nuclear warhead. Notably, a war could break out within months, he suggests. And the U.S. will be dragged into the fray by an inevitable Iranian attack on U.S. troops in Iraq, he asserts.
Other gold experts are more circumspect in their analysis of how geopolitical events in the Middle East might impact gold prices over the coming year. They suggest that a conventional ground war pitting Iran against Israel (and maybe the U.S. and its allies) could be in the offing. But no Western power, including Israel, would be reckless enough to use nuclear force against the Islamic Republic, they all agree.
Among those holding this prevailing view is New-York based Gijsbert Groenewegen, the founder of the precious metals sector and mining industry oriented Gold Arrow Capital Management hedge fund.
“The gold will rise to between $1,500 and $2,000 an ounce, if not higher, if a war using conventional weapons breaks out between Israel and Iran,” says Groenewegen. “That’s because the more uncertainly there is in the financial markets, the more people will opt for a flight to safety. And that means gold, which is the most secure investment asset.”
Groenewegen points out that approximately $55 trillion dollars in worldwide investment assets are managed by the financial sector. In stark contrast, only about $260 billion of that sum is allocated to commodities, with gold only accounting for about 10% of that figure.
“So you only need a relatively small influx into gold to drive its price significantly higher,” he reasons. “Depending on the severity of a military conflict, gold could conceivably go as high as $5,000 an ounce. But if the conflict escalates to a nuclear one, then all bets are off.”
Malcolm Gissen is a mutual fund manager who is especially adept at divining the winds of political and financial change. … He believes a military showdown may be hard to avoid in the Middle East and that a pre-emptive air strike by Israel against Iran’s nuclear facilities would quickly drive gold considerably higher. Likewise for an attack against the militant Islamic Republic’s medium-range missile installations. Gissen notes that these recently beefed-up ballistic missiles could eventually carry a nuclear warhead. They also have a range of up to 1,200 miles, putting Israel, U.S. military bases in the region and parts of Europe within striking distance.
“I don’t think President Ahmadinejad is going to make any concessions (to the United Nations) and he is going to call Israel’s hand… So, I see gold going to maybe as high as $1,500 initially. I don’t see it going to $2,000 or higher than that,” Gissen said. “However, if other Arab nations join the conflict and attack Israel and this leads to full-scale war that could go on for months or years, then that could really drive the price much higher than the $1,500 mark.”
Philip Newman is a Research Director at London-based GFMS World Gold – a leading mining equities and precious metals research organization. He suggests that any politically-driven uptrend in bullion prices would likely be short-lived. Especially since the current pricing at around $1,000 an ounce during a severe global recession may already be regarded as too expensive by many traditional buyers of physical gold, such as jewelry manufacturers. Also a present climate of “subdued inflation” will likely continue to keep gold’s price advances in check, he adds.
“However, if you get a surge in the flight to gold, it could have quite a pronounced impact on pricing. But at the same time, you’ll see profit taking and other forces that effect gold’s pricing which would be at play to perhaps partly constrain gold’s rise… For instance, physical demand such as jewelry is running at a very low level in most key markets,” Newman says.
“But I won’t discount a possible spike to $1,200 or even to $1,500 gold. These prices are always feasible. Yet, you would need such a tremendous rise in investment demand to keep gold at those levels. In fact, I think some people would even see such elevated prices as an opportunity to offload their gold positions. So I’d have to be skeptical about any such significantly higher pricing being sustained.”
Jeffrey Christian is the Managing Director of the CPM Group …. He says that a military attack on Iran’s nuclear program would not necessary escalate to involve the U.S. and other western nations.
“You’d probably see the price spike up initially because investors would run to the protection of gold. But I’m not sure how sustained such a spike would be once people realize that this (military conflict) would not likely be as catastrophic as it could be,” he says.
He believes that an initial price spike would take gold to around $1,200 an ounce. And if it does gather further momentum at that level, he suggests that short-covering by some institutional investors (who have bought options contracts to gamble against gold going higher than $1,200 an ounce) could then precipitate a second spike to $1,500 within days. “But as soon as the price begins to stall, it would likely come right back down again. It’s probably just not sustainable at the $1,500 level,” he adds.
Disclaimer – I am not a financial advisor. This is not an advice to buy, sell or hold any stocks or bonds or any precious metals. I am long gold and silver.
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Israeli, US Army Chiefs Hold Secret Talks on Iran!
- Final chit chat coordination before the attack on Iran? I think so! The Satanic: 3 World Wars Plan is taking final form in this coming World War 3.
Satanist Albert Pike and Three World Wars
“The Third World War must be fomented by taking advantage of the differences caused by the “agentur” of the “Illuminati” between the political Zionists and the leaders of Islamic World. The war must be conducted in such a way that Islam (the Moslem Arabic World) and political Zionism (the State of Israel) mutually destroy each other. Meanwhile the other nations, once more divided on this issue will be constrained to fight to the point of complete physical, moral, spiritual and economical exhaustion…We shall unleash the Nihilists and the atheists, and we shall provoke a formidable social cataclysm which in all its horror will show clearly to the nations the effect of absolute atheism, origin of savagery and of the most bloody turmoil.
Then everywhere, the citizens, obliged to defend themselves against the world minority of revolutionaries, will exterminate those destroyers of civilization, and the multitude, disillusioned with Christianity, whose deistic spirits will from that moment be without compass or direction, anxious for an ideal, but without knowing where to render its adoration, will receive the true light through the universal manifestation of the pure doctrine of Lucifer, brought finally out in the public view. This manifestation will result from the general reactionary movement which will follow the destruction of Christianity and atheism, both conquered and exterminated at the same time.” 4
- There are no real reasons to attack Iran, Certainly not nuclear weapons. The Satanic shadow government wants to use Jews and Christians to kill Muslims and to use Muslims to kill Jews and Christians. Please wake up! Open your eyes and realize that all of us are being manipulated by Satan to kill our fellow men: The Satanic blood sacrifice. Who is the author of Death? The Devil! I will not hate Jews or Muslims or my fellow men. Neither will I be a participant in this coming genocidal war! The agent provocateurs on both sides will definitely ratchet up the rhetoric for this war.
- PressTV reports :
Israeli Army Chief of Staff Lt. Gen. Gabi Ashkenazi and his American counterpart Admiral Mike Mullen have held secret talks in France with a special focus on Iran. The two officials, who met in the northern French region of Normandy on Sunday, also discussed the Middle East, reports say. Ashkenazi also discussed the developments in Iran with French Armed Forces Chief of Staff General Jean-Louis Georgelin.
The meeting comes ahead of the US and Israel’s largest military drill, which is scheduled for later this month. The maneuver is planned to simulate missile strikes on Israel. For years, Israel has threatened to bomb Iran’s nuclear installations. Dodging scrutiny over its own arsenal of up to 200 nuclear weapons, Israel accuses Iran of refining uranium for military purposes.
Iran, however, continues to dismiss the allegation, saying its nuclear activities are solely aimed at peaceful application of the technology.
Tehran says its nuclear program is aimed at generating electricity, under close monitoring by the International Atomic Energy Agency (IAEA). Iran has vowed a ‘firm response’ to any military action by foreign invaders, while downplaying the threat of any attack on the country by Israel.
“Talk of an Israeli attack on Iran is merely a ploy,” Iran’s Armed Forces Joint Chief of Staff Major General Hassan Firouzabadi had said in September.
- See also :
Key Facts to Keep in Mind While Opposing War Against Iran!
Former UN Weapons Inspector: United States, Israel Creating Iran Crisis ‘Out of Nothing’.
Iran NOT After Nuclear Weapons, says IAEA Chief!
Ray McGovern: IRAN is IRAQ Part 2 !
Iran vs Israel: What The Media Wants You To Forget !
Iran, IAEA, Another War in the Works !
Iran’s Nuclear Program: Iran Truthful, in Treaty Compliance; US/Israel Lying, in Treaty Violation! False Flag, Lies and Nuclear Bombs!
Liberals and Democrats Will Support the Coming Mass Murder Campaign Against Iran !
Turkish President Erdogan: Focus on Israeli Nukes, not Iran Nuclear Energy Program !
Iran’s Nuclear Facilities: The Facts! Who is Really Destabilizing the Middle East?
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EU Draws Up Plans to Establish Itself as ‘World Power’ !
According to one confidential paper, the first pilot 'embassies' are planned in New York, Kabul and Addis Ababa. Photo: GETTY
- The revived Roman empire is rising as prophesied. Consisting of 10 toes: countries and a strange admixture of clay and iron.
Daniel 2:40-44
40 And the fourth kingdom shall be as strong as iron, inasmuch as iron breaks in pieces and shatters everything; and like iron that crushes, that kingdom will break in pieces and crush all the others. 41 Whereas you saw the feet and toes, partly of potter’s clay and partly of iron, the kingdom shall be divided; yet the strength of the iron shall be in it, just as you saw the iron mixed with ceramic clay. 42 And as the toes of the feet were partly of iron and partly of clay, so the kingdom shall be partly strong and partly fragile.
43 As you saw iron mixed with ceramic clay, they will mingle with the seed of men; but they will not adhere to one another, just as iron does not mix with clay. 44 And in the days of these kings the God of heaven will set up a kingdom which shall never be destroyed; and the kingdom shall not be left to other people; it shall break in pieces and consume all these kingdoms, and it shall stand forever.
- The current EU is not the final form of the revived Roman empire, the 4th world empire. Some say that the real basis of this 4th world empire is the Western European Union, I agree. The coming war (WW3??) should see the real end times form take shape.
Recommendation 666 (Page 47)
One day I saw a report in the Los Angeles Times about a European military alliance known as the Western European Union (WEU). What caught my attention was the map showing the 10 European nations that belonged to this alliance. I immediately recalled the Bible prophecies about the revival of the Roman Empire under 10 kings.
At that moment, the pastor of my church walked into my office. Since he was also interested in prophecy, I showed him the map. “Doesn’t this look a little like the old Roman Empire?”
I asked. “It is the old Roman Empire,” he said.
This is how my long interest in a military alliance known as the Western European Union began. It turned out that, at that time, this military alliance was only nine nations: Belgium, France, Germany, Italy, Luxembourg, Netherlands, Portugal, Spain and the United Kingdom.
- The Telegraph UK reports :
The European Union has drawn up secret plans to establish itself as a global power in its own right with the authority to sign international agreements on behalf of member states.
Confidential negotiations on how to implement the Lisbon Treaty have produced proposals to allow the EU to negotiate treaties and even open embassies across the world. A letter conferring a full “legal personality” for the Union has been drafted in order for a new European diplomatic service to be recognised as fully fledged negotiators by international bodies and all non-EU countries.
According to one confidential paper, the first pilot “embassies” are planned in New York, Kabul and Addis Ababa. The move is highly symbolic in Britain as it formally scraps the “European Community”, the organisation in which Britons originally voted to remain in the country’s only referendum on Europe 34 years ago.
…..
Lorraine Mullally, the director of Open Europe, described the move as “a huge transfer of power which makes the EU look more like a country than an international agreement”. “Giving the EU legal personality means that the EU, rather than member states, will be able to sign all kinds of international agreements – on foreign policy, defence, crime and judicial issues – for the first time,” she said.
She pointed out that the 1975 referendum was on staying in the EC and that it was the European Communities Act that gave Brussels legislation primacy over British law.
…..
A restricted document circulated by the Netherlands, Belgium and Luxembourg, seen by The Daily Telegraph, spells out the need for legal changes to set up a European External Service (EEAS), an EU diplomatic and foreign service with “global geographical scope”.
The paper said: “The EEAS will need a legal status providing it with functional legal personality so that it has sufficient autonomy. “This legal personality should also give it the capacity to act as necessary to carry out (its) tasks.” A British diplomat defended the decision. “The EU has been able to sign treaties for over a decade. The innovation under the Lisbon Treaty is that the European Community will cease to have legal personality. This is about simplification,” she said.
Brussels ambassadors yesterday (TUES) began detailed work, in secret, to create new institutions, the EEAS, “foreign minister” and EU President, that are to be set up under the Lisbon Treaty.
…….
The creation of the EEAS has sparked a bitter Brussels turf war. The European Commission could lose up to 1,424 senior staff from three departments. Another 400 staff will be taken from the Council of the EU and an “equivalent” number will be seconded from national diplomatic services.
The EEAS will take over Commission representations – there are currently more than 160 offices around the world – and its senior diplomats will be given the same status as national ambassadors.
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Societal and economics observer and commentator with an endtimes, future history perspective. Follow me at Twitter: socioecohistory
