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Israel Made the Attack on the Saudi Oil Fields

Bob Moriarty
Archives
Sep 16, 2019

http://www.321gold.com/editorials/moriarty/moriarty091619.html

The odds are that Iran must be close to getting Nukes, so now it is an ideal time to take ’em on, before they become unstoppable…then again maybe they have Nukes, which is why they did it, as it would be odd to provoke right in front etc.

Whatever the case the Saudi’s and the US have to respond, or they look like paper tigers……It will not happen over night, as the Donald is no fool, he will allow the military to make their plans and hopefully teach those Mullahs a lesson their great grandchildren will whisper about…..Iran has been nothing but trouble, ever since the idiot French let that pig Khomeini go back.

Ipso – we can’t handle the truth!!! ?

samb – I don’t pretend to know where prices are going. I do know that events like this have minimal impact. Good luck on the trading side of things.

Here’s one nuke plant that just keeps on giving.
I have a brave Japanese friend who’s going back to visit but to see her family before time makes it too late as we all know.

Here’s a petition and another solution is needed badly. This could also happen anywhere.

Dear Environment Minister Harada,

Your plans to dump tons of contaminated water into the Pacific Ocean are very dangerous. The Fukushima Daiichi currently houses eight years’ worth of radioactive water buildup, amounting to at least one third of the ocean itself. Despite many efforts to decontaminate the water, enough dangerous chemicals remain that could do serious damage to the ocean.

This move spells disaster for the fishing industry and the environment alike. The chemicals could kill thousands of species of fish in addition to other sealife. Additionally, the oceans have seen more than enough damage over the past decade due to pollution, overfishing, and other factors. Do not add to the danger by dumping this toxic water.

Yep and transportation like rail roads, et all. Even worse would be nuke plants.
But why give them any ideas lol even through they already have them. Thank Obama for letting in so many welfare dependent non assimilating American hating ulseless eaters like the gangs robbing people now who would be canadates unless they’re weeded out fast and hopefully deported. Although they could be anyone. If they keep letting them in our roads will look like overpopulated slums with road blocks everywhere and show me your papers.Even in Israel they have concrete blocks along a road in certain areas so the ones taking a bus aren’t run over by poor Palestinians in their BMW’s and Range Rovers.

This is not some houti going into a market with a bomb vest–this was an act of war–oil should be well bid for the indefinite future

It appears silver has now taken over the PM sector leadership. The gold/silver ratio is now coming back towards historical relationships. If silver closes close to $18.00, it may gap up $.20 next trading session.

The entire commodity complex may move sharply higher if China resumes purchases and the middle east explodes again.

Volatility may very well become intense,

rno

energy infrastructure and its vulnerability have been a concern of mine for quite some time.  i spent a lot of my working life around the energy industry.  many of our installations are located within sight of interstate highways, and vulnerable to a drive-by by a bunch of nogoodniks in a van with a sunroof.  here’s a nightmare scenario:

three jihadis in a vw bus with a sunroof.  driver, gunner, and loader.  as they slowly pass a refinery, the gunner opens the sunroof, stands up, and fires a spread of rpg inceniaary grenades into the facility as fast as the loader can feed them into the tube.

the roads between houston and lake charles are lined with refineries, pipelines, pumping stations, and tank farms – all of which are full of volatile, flamable hydrocarbons.  the exxon refinery in baton rouge is in sight from the top of the mississippi bridge.  the richmond refinery sits on a bluff above the east bay expressway,  etc…  etc…

this scenario uses twenty five year old technology.  i’m sure lots of advances in nasty hardware have been developed in the last twenty-thirty years.

One thing for sure is countrys have to step up their security, especially on or near important possible targets including transportation and Dams. It should be a wake up call for all countries. Before rogue terrorist could get their dirty little hands on them.

JNUG made a strong right, head and shoulder top, which indicates a drop but coming back and taking out the old high. It appears we are getting and inside day reversal up but some very significant resistance is above the market. Historically, if the old high is taken out, a very significant move up will follow. Fundamentals are coming into play which may send the PM markets much higher. Hang on tight.

An early freeze in the corn belt would be supportive of higher overall commodity prices. The perfect storm may be brewing again.

rno

Brave call…good luck…well..not too much 🙂

People  are concerned about the $gold price going forward due to the Saudi oil supply blow-up. As charts have no emotions then my strong interpretation of them is this: The intermediate down cycle remains Firmly in place….expect $gold prices to go lower over time for many, many weeks. I specialize in Int. gold trends and am putting my money where my mouth is into Dust. Yea, I’m as sure as I can be. Good Luck!

Traders Buy Stocks, Dump Bonds & Bullion As War Rhetoric Rises

https://www.zerohedge.com/markets/traders-buy-stocks-dump-bonds-bullion-war-rhetoric-rises

ZH notices how mad the mkts look.

No worries. If I misunderstood what you said I’m sure it won’t be the last time.

Best

PS Sure would be nice to know the truth!

Will Trump Take Neocon Bait and Attack Iran Over Saudi Strike?

The recent attacks on Saudi oil facilities by Yemeni Houthi forces demonstrate once again that an aggressive foreign policy often brings unintended consequences and can result in blowback. In 2015 Saudi Arabia attacked its neighbor, Yemen, because a coup in that country ousted the Saudi-backed dictator. Four years later Yemen is in ruins, with nearly 100,000 Yemenis killed and millions more facing death by starvation. It has been rightly called the worst humanitarian catastrophe on the planet.

But rich and powerful Saudi Arabia did not defeat Yemen. In fact, the Saudis last month asked the Trump Administration to help facilitate talks with the Houthis in hopes that the war, which has cost Saudi Arabia tens of billions of dollars, could finally end without Saudi crown prince Mohammad bin Salman losing too much face. Washington admitted earlier this month that those talks had begun.

The surprise Houthi attack on Saturday disrupted half of Saudi Arabia’s oil and gas production and shocked Washington. Predictably, however, the neocons are using the attack to call for war with Iran!

cont. http://ronpaulinstitute.org/archives/featured-articles/2019/september/16/will-trump-take-neocon-bait-and-attack-iran-over-saudi-strike/

Good to see them holding up.

Shares too. Love it when I’m wrong about downside.

Tell me what you really think.

I have no idea who blew the Saudi fields and didn’t suggest I did. All I said was Iran would be the first to be blamed, and they were.

Have a great day.

I already saw your question. If the US or her allies respond militarily then I’d say Iran has miscalculated.

If you think the US blew up the Saudi facilities then I think you are way out in left field. Of course you are free to think whatever you like.

Logic does not apply here, …..it seems the scum are trying to get the Momo Algo’s to follow them, no matter how mad that logic is.

But as u say, u can’t undo what has been done…all Saudi/ME production is vulnerable to be taken out.

You mentioned a “limited strike on Iran’s oil facilities”

If Iran and Saudi Arabian facilities go offline, who stands to benefit?

I think in this case the simplest answer is the correct one. Iran is getting desperate and is willing to risk war in order to have the chance to sell more oil.

Some talking head was just on bubblevision saying that it might take six months to repair the damage, although there may be other facilities which can take up some slack.

MBS better watch out if the Saudi gov gravy train gets derailed. Heads tend to roll there.

Who would benefit the most if supply was largely cutoff from Iran and Saudi Arabia?

Seems to me it would be Russia and the United States.

Just doesn’t seem like we’ll hold today but that is par for the course whenever we have “events” that should be positive for gold.

I guess if Powell and the Fed wants to cut .50 instead of .25 – this gives them cover to do it without appearing to cave to Trump.