The psychopaths running the West and its puppets are getting what they’ve been wanting: Iran just reportedly launched “hundreds” of drones at Israel, which is considering what kind of response would be most profitable for the Military/Industrial Complex. Fun and games on the twisty road to Armageddon!
Since we can’t stop the fighting or otherwise influence events, let’s focus on what this debacle means for the financial markets. Rational investors would be spooked by a broader Middle East war, producing a bad Monday for stocks and maybe a good one for oil and gold. But our markets are only intermittently rational, which makes Monday a bit of a crapshoot.
So…let’s see who can predict Monday’s close for the S&P 500, spot gold (via Kitco), and oil (WTI crude). Post your entries in the comments section, and the winner in each category gets a lifetime subscription to this newsletter. If you already have one of those you get one for the friend of your choice.
I’ll start:
The S&P 500: 5070 (down about 1% on CNBC)
Oil: $86.50 (WTI Crude, up around 1% on CNBC)
Gold: $2365 (up about 1% on Kitco)
As you can see I’m predicting modest anxiety. So there’s plenty of room on either side of these numbers for Mr. Market to throw a tantrum.
Hey John. I am waiting for you to declare me as the winner of this competition and looking forward to your lifetime subscription as promised. Thanks and Kind regards,
Farhang Polad
SPX 5060
GC 2404
CL 85.60