Tom Szabo

Safe Haven Investments Amid a Global Crisis

Let's say Iran cannot be persuaded to give up nuclear enrichment. Then, at some point, Israel and/or the U.S. will probably bomb, bomb, bomb, bomb Iran. Even under President Obama. A conventional air campaign followed by no fly zones and a naval blockade intended to force regime change or else totally isolate it. There would be global fallout, but no WWIII. The FACT is that even if Iran ever came to possess a nuclear weapon or a dozen, it could only ever use it for threats or blackmail since actual deployment would result in its total annihilation. Russia, China and other nuclear powers would idle sit by. Iran knows it, we know it, everybody knows it. The current row is nothing more than mistrust amid a regional struggle for power, blown way out of proportion even considering the possible impact on oil production. It is most definitely not an appropriate investment theme.

Safe Haven Investments Amid a Global Crisis

Sell silver, buy cobalt? PGM bottom is in? PAL and SWC as safe haven investments? Cold fusion? World War III with Iran? Auto sales not declining? Coke and Pepsi are good shorts? Stocks being manipulated from short side when a long trade goes against him but from the long side when a short trade goes against him? This is a highly unusual set of beliefs and I wish Mark plenty of good luck--he will need it.