Scenario: Shift of labour and energy to War Related Metals during conflict
posted on
Oct 10, 2012 10:39AM
The media is playing up the conflict in the Middle East. There are many under lying issues which are not discussed. Will the world see another Iranian revolution? Will the Saudi regime experience turmoil? In short could there be a disruption in the flow of energy for a time. During WW 2, there was a shift in the labour force and other resources to the war related metals. Gold mining was effectively shut down. For the last forty to fifty years the western economies have financed expansion through endless credit. Will the ponzi scheme continue forever? You be the judge......
I believe that a quick and dirty nuclear strike is likely off the table as that would open up a whole new set of problems, instill more hatred and take more energy resources off the mkt for years to come.........
This is what we face going forward. Yes, gold and sliver should do extremely well for all these reasons and many more.
Will Tyhee be deemed strategically important if the above comes to pass. Think needed infrastructure and the energy required for running the mine on a day to day basis........
North America will be affected by a widespread Middle Eastern conflict. The world is very much interconnected. Those who deny this are not thinking beyond North America. The US and Canada will not stand down when the powder keg ignites. One needs to look at the Big Picture. This adds much risks to all ventures that are going to the mkt at this time. We are not alone.......