Markets Zip As Tensions Rise
Michael Jaco offers a succinct yet quite informative update on the how the Iran War is impacting the stock market, oil prices and politics in the West. He sees pressures rising in ways that could soon crash, or at least put a major dent, in the stock market.
As he has suggested for many years, Jaco recommends silver and gold, particularly silver, as an alternative. At the same time, he urges buyers to purchase when prices dip. We are seeing some dips — signs of bankers flooding the markets with silver to hold down prices as long as possible.
Jaco, a former CIA officer, also tells his followers: Beware of manipulations. Over the short term, financial trickery can give false impressions, but long-term markets tend to show where the economy is headed.
While President Donald Trump might be resisting, Jaco believes Trump will eventually be forced to place boots on the ground in Iran to stabilize oil shipments and prices. He predicts limited troop dispersals, mostly along the coastline of the Persian Gulf, in an effort to prevent further attacks on shipping vessels traveling through the Gulf.
