How the market and investors globally interpret last night’s Iran missile attack on Israel, one that was well expected and promised, will impact the price of oil going into Monday since Iran exports lots of oil and the U.S. involvement in the affair will engender more anger.
With all the other geopolitical nonsense afoot too and the inept Obama-controlled Biden administration’s hateful attitude about hydrocarbons we want to own Permian Basin U.S. home grown oil in the Land of the Stars and Strips.
The pathetic Biden gang needs this war to stop Trump. Declare an emergency so serious they will postpone the November election. Ask yourself what would that do to the price of oil?
The chances of successfully hacking two elections in a row faces big odds not to mention will hardly sit well given all the damage done by the false pandemic and vaccine scam.
Government credibility is nearly as low as whale dung and that’s on the bottom of the ocean.
Months back we warned of the return of conscriptions, a military draft to seed the armed forces. Most people alive today never lived when there were such things routinely.
As Tricky Dick Nixon said after his MSM Watergate assassination headed by the NYT and the Post, “They won’t have him to kick around anymore.” Young’uns who plan to flee won’t have a friendly Canada either this time around.
As an aside we were not Nixon supporters either. It was more than clear enough even then to many the media was the real, biggest danger to Americans.
You can also expect more rationing driving up inflation faster even more than the pitifully inept Federal Reserve Bank infested with MMT shills.
“Both Israel and the US have declared a 'victory' in defending against the overnight massive Iranian drone and missile attack, which reportedly saw over 300 projectiles sent toward Israel. Ground anti-air systems were very active, including the Iron Dome, David's Sling, and Arrow system - the latter intended to thwart long-range missiles. The night skies over Israel were lit up for several hours, with explosions ringing out above various cities, especially Jerusalem.
“US systems were also heavily engaged on behalf of Washington's closest Middle East ally. The Israel Defense Forces (IDF) also subsequently said its air force fighter jets downed some 170 drones and 30 cruise missiles. A statement further said "All the drones and cruise missiles were downed outside of the country’s airspace by the IAF and its allies, including the United States, United Kingdom, Jordan, France, and others."
“However, a few videos are widely circulating which appear to offer proof that at least some of Iran's ballistic missiles found their way to a ground target, contradicting Israel's optimistic narrative of almost "all" drones and missiles intercepted.
“The videos purport to show several missiles scoring direct hits on two key Israeli military bases in the south of the country: Nevatim Airbase and Ramon Airbase (locations on map above).
“irst, the Nevatim Air Base, which is one of Israel's largest. The below footage appears to show clusters of munitions raining down above the base - possibly decoy bomblets, before several ballistic missiles make impact on the ground.
“Video of ballistic missiles slamming into the Nevatim Air Base in the south after passing through a swarm of anti-air interceptors:
“The IDF overnight confirmed a military base in southern Israel was slightly damaged.
“The Hill writes, "Iranian state-run media outlets reported that Ramon air base in southern Israel was struck by seven missiles, while they also reported successful attacks on Nevatim air base, one of the largest in Israel."
Second, the Ramon airbase in the Negev desert, where the missiles came in at least two waves...” More