9 Comments

  1. Top of the morning to ya Gerry (I am in Australia).

    Do you know of any articles or research suggesting a brent price point at which the SPR is likely to be released?

  2. Hey Gerry, I can’t find anything else about this on the main news lines and I would have thought this would had a bit more coverage…

  3. I hope, it dosent come to that. But, it sounds like it may already be under way.

  4. Sounds very risk off to me.. I wonder which CCY is the best best in such uncertainty these days, USD, CHF or JPY?
    – on the other hand, a 1% rate cut on the AUD looks imminent, as early as Tuesday this week, good opportunity to short AUD/ USD you think, especially given the recent climb?

  5. I found this report rather disturbing, forget about oil prices, Israel attacking Iran is a very scary scenario that could escalate into something much worse especially when the ‘N’ word is involved.

  6. I think it has been a long time in the making. Peace will never prevail in the region and there is no point to pretend anything positive will come from negotiations or sanctions. There are so many backwards nations in the middle east, with nothing to offer from the current regimes, but the misery they instill on their own people. The West and it’s dependency on foreign oil, meant it had to look the other way for so long that the things that go on seem so normal. A proper war, with some long time coming shifts in power, will set the region right.

  7. What’s a proper war these days Colin? I agree sanctions won’t work but be very careful about what u wish for here. If Israel attacks Iran then they themselves will be attacked from all sides by their unfriendly neighbours. The US and other western nations will be dragged into another gulf war with the only object being to destroy Iran’s nuclear capability. They won’t be going in there to change the regime as that won’t be seen as legitimate and would never be accepted by the UN security council… There is the chance it will weaken the regime in Iran enough for the people to try and take control, but this will be bloody and with all the other Arab countries struggling to maintain stability do we really want to add more instability to an already dangerous situation? After the first gulf war George Bush snr often was asked why he never carried into baghdad to take out Sadam…after what has happened in Iraq in recent years that question doesn’t get asked anymore

  8. Reimer’s remarks are the height of bigotry; an armchair warlord devoid of fact where he substitutes his own fantasy a rolls it into a vague option. You see, it is not about Netanyahu shamelessly comparing Iran to Auschwitz nor is it about building a nuclear missile to threaten anyone with. This is about power. Israel wants at all costs to protect its regional monopoly of nuclear weapons. It has a nuclear arsenal estimated by some at between 75 and 150 warheads, a range of sophisticated delivery systems, and a second strike capability based on long-range missiles mounted on German-supplied submarines. In contrast, there is as yet no convincing evidence that Iran intends to build a nuclear weapon. The United States’ own annual National Intelligence Estimate – the collective opinion of its 16 intelligence agencies – has repeatedly confirmed that Tehran hasn’t so far taken any such decision.

    Iran’s nuclear program is a threat to Israel’s regional military supremacy – a supremacy which, over the past several decades, has given it the freedom to strike its neighbours at will without being hit back. If Iran were ever to acquire a nuclear weapon – or merely the capability of building one – Israel fears this would restrict its freedom of action. However, it just might even be a step towards creating a regional balance of power, which Israel is determined to prevent.

  9. Scholar’s remarks are the height of stupidity or ignorance (take your pick). Israel has never threatened her neighbors. Iran, on the other hand, has done nothing but threaten and attack Israel through its proxies. Israel’s strength is the only thing keeping a lid on the middle east. Does anyone really believe that if Isreal were to disarm, every Arab neighbor would just leave them alone? Or is there a lot of fear out there that Isreal is going to nuke someone? I don’t think so.

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.