Buzz and banter about the possibility of an Israeli/US attack on Iran has escalated during the past few weeks. There is also an Iran War Resolution that is most likely to be approved in Congress before the fourth of July. I'm not a fear-mongerer (though fear is good for gold and silver), but I do believe that the manner in which this possible war with Iran unfolds will have a significant impact on US markets, and especially politics. With markets puking and a historical presidential election in several months, it will be interesting to see how everything ties in together with the Iran situation (maybe nothing will happen). I decided to maintain an "Iran Watch" update to keep track of anything significant that comes up.
Update on 7/1/08: OK...maybe I got a little carried away here heh~ PEACE
Sunday, June 29, 2008
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