Buygold @ 10:20
I’m just hoping that if the Iraqi’s do say GO that we leave. What a crazy jumble of interests that place is!
ipso,
you’re right, the shah was still alive during the feb ’79 overthrow, but it was common knowledge that he was terminal. for all political purposes, he was as good (?) as dead. a dead man walking, but at that point he wasn’t very ambulatory.
Iraq
Apparently there will be a vote held in Baghdad (assuming by their leadership) as to whether they want the U.S. to stay in country or go. If they want us to go, our troops will likely be withdrawn and moved to Kuwait – this according to Retired Lt. General Boykin this am on FOX News. Boykin was highly respected and in charge of Delta Force.
I’m half wondering if Trump already knows our time in Iraq is limited and he’s taking his best shot at weakening Iran’s position, before we leave. Clearly he is sending more troops in the short term, but knowing him, I’d think if Iraqi leadership asks him to leave, he’ll do it and say “see, I did the best I could, they don’t want our help.”
This may be his version of cleaning house before he leaves, all of course depending on the severity of any Iranian response.
Just my thoughts and open for any criticism… 🙂
treefrog
When the Shah died of cancer he had already been overthrown. I don’t think his son played any part after his death.
https://en.m.wikipedia.org/wiki/Mohammad_Reza_Pahlavi
“our state department gave him a pass for kuwait, and he took it.”
This is debatable. Some idiot State Dept. person did make a statement to Saddam which may have been misconstrued.
ipso,
the shah was our guy, and he ruled iran with an iron hand (and some tough police). but he got cancer and died, leaving a teenaged heir. a power vacuum which called for another strong hand, and one emerged – the islamofascists.
saddam hussein was also “our guy,” and he ruled with an iron hand. he was our hired gun against iran all through the mid and latter eighties. he fought them to a standstill. when the dust settled, he asked us if he could take kuwait as a bonus for a job well done (kuwait was historically part of mesopotamia/iraq until the breakup of the ottoman empire). our state department gave him a pass for kuwait, and he took it.
THEN:
the saudis freaked out. the kuwaiti royal house was intermarried with the house of saud. they hired us to throw saddam out of kuwait. the price was that the saudis would produce enough oil to keep american gas prices under a buck a gallon for ten years. we turned on saddam and beat him down into the dirt, eventually hanging him. realpolitik isn’t pretty, and countries have glory but no honor.
Richard640
As I remember we supported the Shah of Iran and he was overthrown because his military refused to fire on the protestors. The Shah was “our” guy.
$18 SILVER !!
the daily chart and the weekly chart now have their first closing prices for 2020 above $18 !!
hellova way to start a new year !!
Saddam Hussein and the Shah of Iran brutally supressed the religious fanatics–we naively ousted them
The Islamo-Nazis only respect the most brutal masters…now we see the result of giving the fanatics freedom
WTF are we doing?
Round Two: US Drone Airstrikes Kill Six Pro-Iran Militia Commanders
Megabank control of commodities
I’m wondering if the reason Palladium has been going up nicely all year is because it is the only metal on the chart that JPM does not have a huge warehouse full of. I remember several years ago when JPM finally built their massive stash and since then the Ag price has been very closely controlled. They have huge stockpiles of Aluminum also and for those of you that buy lots of liquid products in aluminum cans, there is a measurable cost included in the price of the cold drink that is directly and without question due to fraudulent practices by this mega financial terrorist organization. They don’t break the law, it is just as legal as rounding up the jews was in Germany many decades ago. But that doesn’t make it moral or sustainable. I remember the same thing happened with Uranium – as soon as wall street got into the Uranium market it crashed. All of their actions are 100% legal within our current US law.
Alex -I’m not sure
but I’m buying the dip. I know today’s action in the shares kind of stinks but we were due for a pause.
The metals needed to catch up. I rebought some AXU at $2.25 after selling this am @ $2.35 this am.
Down a little bit, but we’ll see what happens. I’m more afraid of being out than in. 🙂
Alex Valdor
A little hard to tell that gold was up bigly!
Re This Iraq and Iran Situation? Reminds Me Of A Domestic Dispute.
The husband and wife are fighting, an outsider gets involved (a cop?) and attacks one, and the other one sticks up for the attacked one. In other words, the two in dispute join sides against the cop. 🙂 Unfortunately very often cops get killed responding to a domestic dispute.
Like I said many years ago TPTB “rushed it” trying to modernize Iraq. And everyone knows, haste makes waste. Depending on whos side you are on. There may be special interests involved who need high oil prices. And or trouble to respond to. You know, more crime? You need more cops.
Over here they just stopped making criminals post bail. Plus the Judges are very easy going, and we have too many repeat offenders on the loose. More work for cops.
And so
Stocks Slide On Unconfirmed Reports Of “Massive Explosions” At US Military Base In Iraq
@Buygold re Physical Higher Many Miner Shares Lower
It is strange, but maybe the minor stocks are in “sympathy” with the lower general shares. But that will probably change as you suggested. The mining shares will “come to their senses” when they realize bigger profits without doing any more “work” just because of much higher PM prices. Even their untapped reserves under ground are higher, making the “real estate” worth more.
We’ll have to wait and see. 🙂 Trumps got everyone saying that now.
Well
We’re making money in the phyzz but not so much in the shares although there’s still time for a last hour rally. Either way, we’re not getting spanked and the metals look good.
$1550 and $18+ I’ll take it!
@silverngold regarding your….”Climate Change Agenda Used to Reduce Population”?
That doesn’t make sense to me. I think the climate change agenda was to create jobs. Lots of them, possibly millions of fake artificially created jobs, an unneeded waste of man hours and materials. With the assumption that humans can alter and the climate.
In my opinion that totally impossible. Water vapor is a greenhouse gas that resulted from an asteroid that struck the Earth, that caused two years of darkness and killed the Dinosaurs.
Ipso
At least you have a crystal ball old friend. 🙂
A bit of a dead zone in here for the holidays I guess. These are exciting times for me though, and I keep harping back to the lack of new posters and posting activity as probably being a good thing.
Maybe they’ll show if when we hit $1800. LOL 🙂
Buygold
“What happens next?”
Unfortunately my crystal ball ($7.99 Walmart) has clouded up. 🙂
I will say that we are living in “interesting times.”

