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Repiglican Roast

A spirited discussion of public policy and current issues

Name: TheFuriousGourmet

Location: The mouth of being

I'm furious about my squandered nation.

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Sunday, January 08, 2006

Options running out after Iran snub

[...]
As matters drift in this sea of uncertainty, and talk inevitably focuses on the possibility of a military strike against Iran - either by the Israelis or the US, or a combination of both - international oil prices can be expected to rise higher in late January, propelling the price of gold above US$600 per ounce.

And if a military strike against Iran does materialize, it is reasonable to expect oil prices to leap well above $100 per barrel and the price of gold to approach $800 per ounce.
[...]

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