Loading ...I think the President is more concerned about the price of oil (think Midterms) than he is about the Iranian protestors. Not that I think we should involve overseas in these places where we have often made a bad situation worse.
aurum
otoh oil seems to be bouncing back. Perhaps the hit and the news were coordinated – if it recovers it tells the same story as silver. The man behind the curtain is losing and things could get very wild.
Based somewhat on Tim Ord’s idea of us just being in the beginning of a 12 year commodity cycle, we have a fair position in oil stocks.