1. Same story, different day...........year ie more of the same fiat floods the world
    Dismiss Notice
  2. There are no markets
    Dismiss Notice
  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
  4. "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"
    Dismiss Notice

The Saudi-Iran Brewing War ~ Armstrong

Discussion in 'Coffee Shack (Daily News/Economy)' started by Goldhedge, Nov 13, 2017.



  1. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

    Joined:
    Mar 28, 2010
    Messages:
    28,439
    Likes Received:
    32,294
    Trophy Points:
    113
    Occupation:
    Retired
    Location:
    Planet Earth
    The Saudi-Iran Brewing War

    [​IMG]

    The turmoil in the Middle East has been instigated in part by fiscal mismanagement. When the money was rolling in with high oil prices, it was assumed, as always, that whatever trend is in motion will remain in motion. Consequently, the government expanded their spending assuming money would continue to flow in. When oil broke, the fiscal mismanagement has been exposed for all to see if they care to look.

    Falling oil prices have decimated revenues and trade in the region. Security worries about terrorism, particularly in the US, have led to cuts in airline routes. Then there has also been a long-running diplomatic and trade impasse between Saudi Arabia and its allies on the one hand, and Qatar on the other. Now the good-old-days of easy money and rapid growth has led to concerns about over-capacity, waste, and corruption that nobody cared about when money flowed like oil.

    We are witnessing the beginning of a Middle East War between the Suni and Shite where the latter opposes kings and the state should be ruled by religious leaders. Iran and its Lebanese ally, the militant Shia group Hezbollah, claim the Saudis detained Mr. Saad El-Din Rafik Al-Hariri is a Lebanese-Saudi politician who has been the Prime Minister of Lebanon since December 2016. They allege that Saudi Arabia forced his resignation. Rex Tillerson said he had received assurances that Mr. Hariri was free to leave anytime.

    According to Reuters, there was “no line-up of Saudi princes or ministry officials, as would typically greet a prime minister on an official visit to King Salman”, they reported with senior sources close to Hariri and top Lebanese political and security officials said. Reuters reported that Hariri’s phone was confiscated, and the next day he was forced to resign as prime minister in a statement broadcast by a Saudi-owned TV channel.

    If this is true, then we are witnessing indeed a proxy-war emerging once again in Lebanon. This is a major struggle that is, in fact, seeking to reshape the Middle East with the war building between the conservative Sunni monarchy of Saudi Arabia and Shi‘ite revolutionary Iran. These two groups have already been in conflicts that have emerged in Iraq, Syria, and Yemen, where they back opposing sides. This appears to be now expanding to destabilize Lebanon, where the Saudis have opposed the Iran-backed Hezbollah group, which is Lebanon’s main political power and part of the ruling coalition. The historical profile of war involving Lebanon is as follows:
    1. First Arab-Israeli War (1948–1949), which involved Egypt, Iraq, Jordan, Transjordan, Syria, Lebanon, Saudi Arabia, and Yemen.
    2. 1958 Lebanon Crisis
    3. Lebanese Civil War (1975–1990) Syrian occupation of Lebanon and the Israeli Security Zone
    4. South Lebanon Conflict (1985–2000)
    5. July War (2006) Hezbollah and Israel Stalemate
    6. Fatah al-Islam Rebellion (2007)
    7. 2008 conflict in Lebanon Hezbollah victory
    8. Syria War spillover in Lebanon (2011-2017)
    Interesting enough, there have been eight events in 69 years and that works out to 8.625-year cycle on the surface without correlating it to history. According to Reuters, Hariri had to be removed because he was unwilling to confront Hezbollah.

    What we can determine, is from a cyclically perspective, 2017 was the turning point from which we should expect to see a rise in the clash between Iran and Saudi groups.

    When you turn the economy down, that is historically when tensions rise.
     
    gringott likes this.
  2. the_shootist

    the_shootist The war is here on our doorstep! Midas Member Site Supporter ++

    Joined:
    May 31, 2015
    Messages:
    15,523
    Likes Received:
    15,344
    Trophy Points:
    113
    Occupation:
    Oxygen Breather
    Location:
    Somewhere out there!
    ...and the US needs to stay out of it!
     
  3. nickndfl

    nickndfl Midas Member Midas Member Site Supporter ++

    Joined:
    Jan 7, 2011
    Messages:
    11,237
    Likes Received:
    8,836
    Trophy Points:
    113
    Location:
    Florida
    US will sell lots of weapons on the Saudi side and the Russians will sell to the Iranians.
     
  4. the_shootist

    the_shootist The war is here on our doorstep! Midas Member Site Supporter ++

    Joined:
    May 31, 2015
    Messages:
    15,523
    Likes Received:
    15,344
    Trophy Points:
    113
    Occupation:
    Oxygen Breather
    Location:
    Somewhere out there!
    Unfortunately me thinks you nailed it!! It's the military complex stoking the coals for new business!
     
    Alton likes this.
  5. Silver

    Silver Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,658
    Likes Received:
    2,893
    Trophy Points:
    113
    If US doesn't directly intervene on the Saudi side, the Iranians will defeat them, and Israel.
     
    Alton likes this.
  6. Thecrensh

    Thecrensh Gold Member Gold Chaser

    Joined:
    Jun 26, 2013
    Messages:
    2,934
    Likes Received:
    2,759
    Trophy Points:
    113
    Totally disagree regarding Israel. They won't hesitate to use nukes if Israel proper is threatened. Iran won't invade Israel across Iraq though...probably.
     
    goldfanbrad, Mujahideen and Goldhedge like this.
  7. andial

    andial Sir Midas Member Site Supporter ++

    Joined:
    Apr 1, 2010
    Messages:
    9,958
    Likes Received:
    9,907
    Trophy Points:
    113
    A "neat idea" would be to officially support the Saudi Kingdom plus secretly sell arms to Iran via Israel and use the proceeds for our Central American projects.
     
  8. Mujahideen

    Mujahideen Black Member Midas Member

    Joined:
    Mar 31, 2010
    Messages:
    8,294
    Likes Received:
    12,353
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Silver stacker
    Location:
    America!
    ...hmm, sounds familiar for some reason. :ponder:
     
    solarion, gringott and andial like this.
  9. Mujahideen

    Mujahideen Black Member Midas Member

    Joined:
    Mar 31, 2010
    Messages:
    8,294
    Likes Received:
    12,353
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Silver stacker
    Location:
    America!
    I agree. And I don’t think Iran is quite that stupid.
     
  10. hoarder

    hoarder Midas Board Mmbr Platinum Bling

    Joined:
    Mar 30, 2010
    Messages:
    9,489
    Likes Received:
    7,872
    Trophy Points:
    113
    Location:
    Montana
    And the banksters will finance both sides.
     
  11. Thecrensh

    Thecrensh Gold Member Gold Chaser

    Joined:
    Jun 26, 2013
    Messages:
    2,934
    Likes Received:
    2,759
    Trophy Points:
    113
    Pure genius. The American people won't mind. Neither will the congress. It's probably best if Trump contacted a Marine Col to "head it up" and be the "fall guy" in case something bad happens. I like the way you think.
     
    andial and gringott like this.
  12. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

    Joined:
    Apr 2, 2010
    Messages:
    13,286
    Likes Received:
    15,472
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    N/A
    Location:
    You can't get there from here.
    Israel better do some good downwind prediction charts before dropping any nukes.
     
  13. Silver

    Silver Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,658
    Likes Received:
    2,893
    Trophy Points:
    113
    Iran has a population of 80,000,000 and Israel has a population of 8,000,000 - without the US, Israel doesn't have a chance. Iran could possess nukes via Pakistan if Israel goes nuclear on them.

    Anyway, Iran has 100's of thousands of missiles - many aimed at Dimona. Israel could not sustain a major war with Iran - they could not defeat Hezbollah, much less the entire nation of Persians.
     
    gringott likes this.
  14. Mujahideen

    Mujahideen Black Member Midas Member

    Joined:
    Mar 31, 2010
    Messages:
    8,294
    Likes Received:
    12,353
    Trophy Points:
    113
    Gender:
    Male
    Occupation:
    Silver stacker
    Location:
    America!
    This would never happen.

    Pakistan is allied to the Saudis.
     
  15. solarion

    solarion Gold Member Gold Chaser

    Joined:
    Nov 25, 2013
    Messages:
    3,583
    Likes Received:
    5,454
    Trophy Points:
    113
    More concerned about Putin's response. If Israel gets involved, beyond their usual cowardly covert crap, so will a lot of other nations.

    Is Russia really going to sit by and watch all their allies in the region toppled one after another by US/Israeli proxies?
     
    Mujahideen likes this.
  16. Silver

    Silver Gold Member Gold Chaser

    Joined:
    Mar 31, 2010
    Messages:
    2,658
    Likes Received:
    2,893
    Trophy Points:
    113
    Then North Korea - Iran is not some two bit country. They have many resources, universities, research faculties, nuclear power, etc. If nothing else, they could rain dirty missiles on them by the 100's.
     

Share This Page