Have you been watching the situation in Iraq and Iran? Since Iran is a Shi'ite Muslim country, they are covertly helping their brethren in Iraq, where the majority Shia were dominated for many years by Saddam Hussein's government. Now, they're in control of the new American-backed government. My sources suggest that when the smoke and dust clears, there will be two Iran-styled Islamic Republics living side by side, hating America's guts, and sitting on the second largest reserve of oil in the world!
And, of course, we are harrassing Iran for wanting to develop nuclear technology, possibly nuclear weapons in ten years (according to the estimate I heard). So, it's likely we will REALLY give them a reason to hate us by attacking their nuclear facilities.
I don't think one has to be a fortune-teller to predict that the two countries (and perhaps others) will join together and refuse to sell oil to "The Great Satan." Why not just sell their oil directly to China, who has been buddying up to any source of oil to fuel their continued rapid development into what I believe will be the dominant economic power within 10 years?
Can you imagine what will happen to the world economy if both Iran and Iraq decide to withhold their oil from the Western powers? And, by our meddling in foreign affairs of other countries, we made it all possible.
Good time to be buying gold mining stocks and big oil with proven reserves, don't you think?
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