Saturday, December 23, 2006

OIL COULD BE UP BIG TIME ON MONDAY...

Between the Iran sanctions...and the Bush "surge" there is plenty of uncertainty in the markets now...

This could send the Dow down and oil and gold up big time on Tuesday... Of course the FED shills will have at it...but with the massive run up of the last six months...few will stand in front of this sell off...

Additionally, the dollar could suffer...if the Iranians dump dollars to protest the "freeze" on their foreign accounts... And with so few friends in the world today...the Dollar and Dubya don't need any more enemies...

There is nothing wrong with hitting Iran...but there should be no surprise if Iran hits back...and let's hope Washington has thought out the potential "aftermath" of these actions this time...

Because just doing what you think is "right" is not good enough anymore...not with the US military broken and bogged down in a quagmire, and the dollar getting weaker by the day...

Dubya could be on the verge of having a major Dollar Crisis like LBJ had...

And not just an LBJ-style Unwinnable War debacle!