Best of the Week
Most Popular
1.Crude Oil Price Trend Forecast 2016 Implications for Stock Market - Nadeem_Walayat
2.Odds of Winning Walkers Crisps Spell & Go olidays K, C and D Letters - Sami_Walayat
3.Massive Silver Price Rally During The Coming US Dollar Collapse - Hubert_Moolman
4.Pope Francis Calls For Worldwide Communist Government - Jeff_Berwick
5.EU Referendum Opinion Polls Neck and Neck Despite Operation Fear, Support BrExit Campaign - Nadeem_Walayat
6.David Morgan: There Will Soon Be a Run to Gold Like You've Never Seen Before - Mike Gleason
7.British Pound Soars on BrExit Hopes Despite Remain Establishment Fear Mongering - Nadeem_Walayat
8.Gold Price Possible $200 Rally - Bob_Loukas
9.The Federal Reserve is Not Going To Raise Interest Rates and Destroy Gold - Michael_Swanson
10.Silver Miners’ Q1’ 2016 Fundamentals - Zeal_LLC
Free Silver
Last 7 days
EU REMAIN Population Forecasts - England 4.1 million Explosion, London Migration Crisis - 28th May 16
A Guide to the Trump-Sanders Debate - 28th May 16
Gold And Silver – At Significant Support. New “Story” Developing - 28th May 16
The Next Systemic Lehman Event - New Scheiss Dollar & Gold Trade Standard - 27th May 16
Energy and Debt Crisis Point to Much Higher Silver, Metals Prices - 27th May 16
Gold Junior Stocks Q1 2016 Fundamentals - 27th May 16
These Crisis Markets Are Primed to Deliver Big Gains, Platinum Never Cheaper! - 27th May 16
Operation Black Vote BrExit Warning for the Wrong EU Referendum - 27th May 16
UK Immigration Crisis Hits New Extreme, Catastrophic ONS Migration Stats Ahead of EU Referendum - 27th May 16
Many of the World’s Best Investors Made Their Fortunes This Way…And You Can Too - 27th May 16
The Ugly Truth About Stock Market Manipulation and Gold Prices - 27th May 16
Gold Price Looking Vulnerable While Gold Stocks Correct - 27th May 16
The 5 Fatal Flaws of Trading - 27th May 16
The Next Big Crash Of The U.S. Economy Is Coming, Here’s Why - 27th May 16
A New Golden Bull or Has the Market Gone Too Far Too Fast? - 27th May 16
It Feels Like Inflation - 26th May 16
Negative Interest Rates Set to Propel the Dow Jones to the Stratosphere? - 26th May 16
S&P Significant Low has Occurred – Not Likely! - 26th May 16
Statistics for Funeral Planning in UK Grave - 26th May 16
Think Beyond Oil And Gold: Interview With Mike 'Mish' Shedlock - 26th May 16
Hard Times and False Mainstream Media Narratives - 26th May 16
Will The Swiss Guarantee 75,000 CHF For Every Family? - 26th May 16
Is There A Stocks Bear Market in Progress? - 26th May 16
Billionaires Are Wrong on Gold - 26th May 16
How NOT to Invest in the Gold Market - 26th May 16
The Black Swan Spotter...Which Saw the Oil-Crash coming; now says the “Invisible Hand” will push Brent to $85 by Christmas - 26th May 16
U.S. Household Debt Still Below 2008 Peak - 25th May 16
Brexit: Wrong Discussion, Wrong People, Wrong Arguments - 25th May 16
SPX is at Strong Resistance - 25th May 16
US Dollar, Back From the Grave? - 25th May 16
Gold : Just the Facts Ma’am - 25th May 16
The Worst Urban Crisis in History Could be Upon Us - 24th May 16
Death Crosses Across The Board Are IRREFUTABLE Stock Market Sell Signals - 24th May 16
Bitcoin Trading Alert: Bitcoin Price Stays below $450 - 24th May 16
Stock Market Crash Death Cross Doom Prevails - 23rd May 16
Did AMAT Chirp? Implications for the Economy and Gold - 23rd May 16
Stocks Extended Their Rebound On Friday - Will They Continue Higher? - 23rd May 16
UK Treasury Propaganda Warns of 3.6% Brexit Recession, the £64 Billion Question? - 23rd May 16
Stock Market Support Breached, But Not Broken! - 23rd May 16
George Osborne Warns of 18% Cheaper House Prices - BrExit for First Time Buyers - 22nd May 16
Gold Bull-Phase I Continues to Confound (The Trek to “Known Values”) - 22nd May 16 r
Avoiding a War in Space - 22nd May 16
Will Venezuela Be Forced to Embrace the US Dollar? - 21st May 16
Danish Central Bank Stumbles with Its Currency Peg to the Euro - 21st May 16
SPX Downtrend Underway - 21st May 16
George Osborne Warns of More Affordable UK Housing Market if BrExit Happens - 21st May 16
Gold And Silver 11th Hour: Globalists 10 v People 0 - 21st May 16
David Morgan: There Will Soon Be a Run to Gold Like You've Never Seen Before - 21st May 16
Gold Stocks Following Bull Analogs - 20th May 16
The Gold Chart That Has Central Banks Extremely Worried - 20th May 16
Silver Miners’ Q1’ 2016 Fundamentals - 20th May 16
Stock Market Rally At the End of the Road? - 20th May 16
British Pound Soars on BrExit Hopes Despite Remain Establishment Fear Mongering - 20th May 16
NASDAQ 100, FTSE, and British Pound - When Rare Market Data Screams, Listen  - 20th May 16

Free Instant Analysis

Free Instant Technical Analysis


Market Oracle FREE Newsletter

Why 95% of Traders Fail

24 Signs That We Are Getting Dangerously Close to a Major War in the Middle East

Politics / Middle East Feb 10, 2012 - 06:30 AM GMT

By: LewRockwell

Politics

Best Financial Markets Analysis ArticleEnd of the American Dream writes: Is 2012 the year when we will see a major war in the Middle East? For years we have heard about rising tensions in the Middle East, and for years we have heard politicians express concerns about Iran's nuclear program, but now things really do seem to be reaching a boiling point. In just the past few days, the U.S. government has imposed tough new sanctions on Iran and has totally shut down the U.S. embassy in Syria. The truth is that we are getting dangerously close to a major war in the Middle East. So will Israel strike Iran at some point in the next few months? Will the U.S. military intervene in the rapidly escalating conflict inside of Syria? If a major war does erupt, it could send the price of oil skyrocketing and there is the potential that the war could broaden very quickly. Hezbollah has already indicated that it will side with Syria, and there is always the potential that Hamas could as well. Russia and China have both stated that they are completely opposed to military action by the United States against Iran and Syria, and they have even hinted that they would possibly even help defend those countries. As the nations of the world take sides, there is even the potential that we could see World War III develop. Let us hope that it never comes to that, but with the world as unstable as it is right now, you never know what may happen.


What makes war so much more likely now is that nobody has shown any signs of backing down.

Syrian President Bashar Assad has sworn that he will never step down.


U.S. President Barack Obama says that it is only a matter of time until he is forced to step down and that no other outcome is acceptable.

Iran has sworn that it will never end its nuclear program.

The United States believes that if Iran is allowed to develop a nuclear weapon it would be a fundamental threat to world security.

Israel believes that if Iran is allowed to develop a nuclear weapon it would be a fundamental threat to the very existence of the nation of Israel.

So if nobody backs down, what is going to happen?

I think we all know what is going to happen.

The following are 25 signs that we are getting dangerously close to a major war in the Middle East....

#1 The United States has just imposed tough new sanctions on Iran. Some of the new sanctions are specifically targeted at the central bank of Iran. Stronger sanctions have been a prelude to war in the past, and the Obama administration surely wants to argue that "all other alternatives have been exhausted" before going to war.

#2 The EU has announced that all imports of crude oil from Iran will be banned starting in July.

#3 The U.S. embassy in Syria has been shut down and the Obama administration has once again called for Syrian President Bashar Assad to resign.

#4 The U.S. has also removed all diplomats from Syria.

#5 In speaking of the removal of Syrian President Bashar Assad, Barack Obama is making it very clear what he believes the final result will be....

"This is not going to be a matter of if, it's going to be a matter of when."

This is very reminiscent of the language that Obama used to describe the removal of Gadhafi before the U.S. launched airstrikes in Libya.

#6 U.S. Secretary of State Hillary Clinton is calling for "an international coalition" to support the opposition fighters in Syria.

#7 Israeli Defense Minister Ehud Barak says that Iran is moving their uranium enrichment facilities into recently constructed underground bunkers and that the point of no return is rapidly approaching....

"The world has no doubt that Iran’s nuclear program is steadily nearing readiness and is about to enter an immunity zone"

#8 There are indications that Israel may consider launching an attack against Iran without even notifying the United States. Aaron David Miller, a Mideast peace negotiator during the Clinton administration, recently made the following statement....

"There’s a growing concern – more than a concern – that the Israelis, in order to protect themselves, might launch a strike without approval, warning or even foreknowledge"

#9 The Washington Post is reporting that U.S. Defense Secretary Leon Panetta believes that Israel will strike Iran at some point during the months of April, May or June.

#10 Former IDF chief of staff Moshe Yaalon insists that an attack on Iran could be successful....

"It’s possible to strike all Iran’s facilities, and I say that out of my experience as IDF chief of staff"

#11 U.S. State Department spokesman Mark Toner says that the Obama administration "is absolutely committed to preventing Iran from getting nuclear weapons".

#12 Barack Obama underscored his policy toward Iran in a speech just the other day....

"I've been very clear – we're going to do everything we can to prevent Iran from getting a nuclear weapon and creating a nuclear arms race in a volatile region"

#13 According to Debka, thousands of U.S. troops have been heading to "two strategic islands within reach of Iran".

#14 Iranian leader Ayatollah Khamenei is speaking as if the coming war is a foregone conclusion....

"The war itself will be 10 times as detrimental to the U.S."

#15 Khamenei also seems to think that the outcome of the coming war is a foregone conclusion as well....

"In light of the realization of the divine promise by almighty God, the Zionists and the Great Satan (America) will soon be defeated"

#16 Khamenei also has declared that Israel is a "cancerous tumor that should be cut and will be cut".

#17 According to one estimate, there are currently 200,000 missiles aimed at the nation of Israel.

#18 Some Israeli officials claim that Iran is trying to develop a long-range missile capable of reaching the United States.

#19 The death toll from the conflict inside of Syria continues to rise. According to Debka, "a continuous Syrian bombardment beginning early Saturday, Feb. 4, is estimated to have left a record 350 dead and up to 1,300 wounded in the Homs district of Khaldiyeh."

#20 According to the United Nations, a total of approximately 6,000 people have been killed since the conflict in Syria began.

#21 The city of Homs is one giant war zone at this point. The following comes from a recent article in the Telegraph....

"We can't count all the bodies from the streets and the collapsed buildings. Anyone who tries to go on the street might be killed - there are snipers," said Abu Abdu al-Homsi, spokesman for the Syrian Revolutionary Council, an opposition group, in Homs. "An old woman - her son was shot and killed in the street, she went to get his body and was shot dead too."


#22 The Russians appear to be very serious about supporting the Assad regime in Syria. According to Debka, "the Russians backed their hard line against the West by putting Rapid Reaction Force (aka Spetsnaz) units in Black Sea bases on the ready to set out for Syria and defend Damascus."

#23 It is being reported that a Hezbollah official has indicated that Hezbollah will attack Israel if Syria is attacked.

#24 There are even signs that Saudi Arabia is busy preparing for a coming war. The following comes from a recent Debka article....

"Our military sources report that the Saudis this week wound up their own intensive preparations for war. Large forces are now deployed around Saudi oil fields, pipelines and export facilities in the eastern provinces opposite the Persian Gulf, backed by anti-missile Patriot PAC-3 batteries. American, British and French fighter-bombers have been landing at Saudi air bases to safeguard the capital, Riyadh."

If a major war does erupt in the Middle East, what is that going to do to the global economy and the price of oil?

It is being projected that the price of gasoline in the United States could go above 4 dollars a gallon this spring even if there isn't a war in the Middle East.

So how much higher would it go if there is a conflict with Iran?

Today, Iran is the third largest exporter of oil in the entire world. If those shipments are cut off that would have a huge impact.

But Iran could have an even greater impact by closing the Strait of Hormuz.

Approximately 20 percent of all oil sold in the world goes through the Strait of Hormuz each year. If Iran started raining missiles down on oil tankers passing through the Strait of Hormuz, that would change the global economy overnight.

We live in very unusual times, and it should be apparent to everyone that there is not going to be lasting peace in the Middle East any time soon.

Right now, the world is on a road that is inevitably going to lead to a major war in the Middle East and nobody is showing any signs of backing down.

When the next major war does erupt in the Middle East, it is going to change the world forever.

But what kind of change will that be?

End of the American Dream.

http://www.lewrockwell.com

© 2012 Copyright End of the American Dream. / LewRockwell.com - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2016 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Dallas
16 Feb 12, 09:54
war

Yea the facts have been lining up to suggest a major war for quite some time now. NOTHING has arisen to suggest the opposite. All that could arise is for Iran to simply back down....That is what we pray for

...Remember the predictions of Nostradamous? Persia will strike with weapons of fire and thunder, and the whole world will treble with fear. Remember that he will strike Europe, Rome specifically, ending the Paupacy. Remember the attack on "the New City" giving the longitude of 45 degrees - precisly that of NYC? Two of the three fired missels will be nurtalised, but the third will make it thru the net, devestating the city? Remeber how the weapons would have an effect on the weather and the stability of the earth, causing quakes and great drought? .....I am no big believer in all of this...but it looks like it might be coming true weather I want to accept it all or not!


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife