Loading ...Most people will have read the details, such as they were, over the weekend and may well have thought that is lunacy, so the PM’s will get bid as will Oil….of course when they checked the exact opposite had happened.
Some of what I read was fantasiseing how bearish the deal was for Oil and how good that was for consumers, due to lower Oil/petrol prices etc and how good that was for the SM.
Since then the deal has only begun to look even more stupid and the pressure on Gold and Oil has never let up and now we have this unbelievable detail….
Kerry Indicates US Will Defend Iran from Israel
Kerry indirectly tells Senate deal will have US protect Iranian nuclear program from Israeli sabotage; ‘wait till we get to that point.’
http://www.israelnationalnews.com/News/News.aspx/198565#.VbH_7m0kXpp
The deal has almost certainly guaranteed that ISIS will get Nukes, as Saudi, Egypt and likely even the smaller Gulf states will buy them, at some point ISIS will overun one of them and get their nukes. Then we will be negotiateing with some bearded 18 year old crazy, driveing around with an ICBM strapped onto his pickup…screaming Allahu Ackbar every five seconds……It was bad enough that the Idiots didn’t get the four hostages back, but sowing the seeds to certain nuclear armageddon, does not deserve such a stunningly positive mkt reaction…Pre the PPT the mkts would have rightly pulversided such a moronic deal..