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Got oil? Got gold?

Posted by Richard640 @ 22:56 on September 28, 2019  
Al-Emad explicitly told me that Houthi attacks are not over, and further drone swarms are inevitable.
Now compare it with analysis by one trader:
If in the next wave of drone attacks 18 million barrels a day of Saudi crude are knocked out, it would represent a catastrophe of epic proportions. The US does not want the Houthi to believe that they have such power through such fourth generational warfare as drones that cannot be defended against. But they do. Here is where a tiny country can bring down not only a Goliath such as the US, but also the whole world.”
Asked about the consequences of a possible US attack against Iran – picking up on Robert Gates’ famous 2010 remark that “Saudis want to fight Iran to the last American” – the consensus among traders is that it would be another disaster.
“It would not be possible to bring Iranian crude on line for the world to replace the rest of what was destroyed,” said one.
He noted that Senator Lindsey Graham had said he “wanted to destroy the Iranian refineries but not the oil wells”. This is a very important point.  The horror of horrors would be an oil war where everyone is destroying each others’ wells until there was nothing left.”
While the “horror of horrors” hangs by a thread, the blind leading the blind stick to the script: Blame Iran and ignore Yemen.

https://www.zerohedge.com/geopolitical/escobar-how-yemens-houthis-are-bringing-down-goliath

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.