VP Mike Pence speaking on Iran

US VP Mike Pence in text from a speach says:

  • Iran should not confuse American restraint with the lack of American resolve
  • US does not seek a war with Iran and is willing to talk but America will not back down
  • US hopes for the best but US military is prepared to protect US interests, personnel in region
  • calls 2015 Iran nuclear deal disastrous; there will be no more pallets of cash for Iran

Gold is not all that concerned with the sabre rattling from the VP. It is trading down -$3.10 at $1396.25 now after trading to a new NY session low at $1395.32.