So Trump ordered General Soleimani Assassinated, and now people are crying for WWIII....

[Smitty-48]

https://abcnews.go.com/Business/oil-gol ... d=68095522

+3% spike ain't much of a return, oil is not going back to $100/barrel, the US dollar is not going to tank against gold

Lockheed Martin on the other hand, + 40%

Even a full on theater war with Iran is no reason to pile out of the stock market and into gold and oil

War is good for business, you just switch to defensive equity, American staples and defense contractors

If America goes to war, the Big Gov is gonna be spending big money in the districts on military pork

That money will then flow straight to Walmart and Costco

[Montegriffo]

A rise in oil prices affects the price of all goods.

How long does the glut last when tankers are afraid to pass through the Strait of Hormuz?

[Smitty-48]

A rise in oil prices affects the price of all goods.

How long does the glut last when tankers are afraid to pass through the Strait of Hormuz?

The oil price will go up, it's just not going to go up like it used to, because there are so many more sources now

The oil price going up will incite more American shale to come online, which will keep it from being a big windfall

It's all about capital allocation, most bang for your buck

It's not actually oil right now, and gold is already overpriced

Not saying you shouldn't be holding some gold, but I wouldn't pile into it by divesting from defensive equity

[Smitty-48]

The thing about the MICC ; is that it is actually an effective cash flow mechanism

In the event of war, the Big Gov spends the money in the districts, like drunken sailors.

Congress will go on a crazy spending spree, which ain't bad for the staples economy at Walmart and Costco

Are oil and gold going to go up more than Lockheed Martin by percentage ?

I bet LMT could hit $600/share

Is gold going to go up to $3200 an ounce ? That seems unlikely.

[Montegriffo]

Fortunately Trump doesn't appear to have the stomach for war.
He's already backtracked on his threat to commit war crimes by bombing cultural sites and has just Tweeted ''all is good'' over tonight's attacks.

[Smitty-48]

The Iranians don't have a big stick to wave, they're too vulnerable to air strikes

if they provoke that, they just take damage without being able to inflict much in return

[Smitty-48]

Lockheed Martin has actually beat out Disney for the year

DIS is up 50% for the year

LMT is up 60% for the year

[Montegriffo]

The Iranians don't have a big stick to wave, they're too vulnerable to air strikes

if they provoke that, they just take damage without being able to inflict much in return

An external enemy is a great way to quell internal discontent though.
That works whether you are Trump, the Iranian regime, Galtieri or Thatcher.

[Smitty-48]

The Iranians don't have a big stick to wave, they're too vulnerable to air strikes

if they provoke that, they just take damage without being able to inflict much in return

An external enemy is a great way to quell internal discontent though.
That works whether you are Trump, the Iranian regime, Galtieri or Thatcher.

Oh indeed, stick it to the Democrats, make them side with Iran, going into the election year.

[Montegriffo]

Yup, blatant electioneering with total disregard for the lives of US military or civilians.

''America first'' where ''America'' means ''Trump''.