Posts by "catnip"

I assume Israel claiming the Iran warships carry advanced weaponry for Hizballah will attack the ships. Its unclear where actually the ships are. But it could happen. That would be the proverbial spark on the powder keg. Rumors are riots spread to Kuweit already.
Of course IF that would happen Ahmadhinejad will be the hero of the Muslim world.

Debkafiles writes war-mongering ( as always) the Iranian cruiser Kharg is carrying long-range missiles for Hizballah which it plans to unload at a Syrian port or Beirut harbor.

add more long gold and brent long short all stock index
note: although Steve Jobs is a bit alive ALL "internet and other communication" stocks plunge.

It is still unclear whether the two Iranina warships are n their way to Suez or about to pass it
it could be Israel attacks the ships . Even if they are en route to Italy carrying some goods for Berlusconi- Putin united Mafia, women and such.
It doesn't matter such could cause a local war in middle east.

Note that ESFS was under stress yesterday. Possibly related to Ireland. Dr.Ben clever man. Dr. Smaghi not clever man gives just soothing talks.

usikpa
Capacity utilization is down, not up
Real wages are down , not up

is NOT USDx negative

Gazprom is once more raising prices for Europe while domestic prices are at 50% of export.
With the recent development in middle east, if Europe is vigilant and can perform some arithmetics, they will find out LNG from North Africa is much cheaper per BTU than Gazprom.
Well ... US and Europe do like "democratic revolutions" in middle east. It can only get cheaper.
Gas. Oil.

well if you hear middle east riot you'll go long gold no matter the chart . The middle east case isn't settled.