The situation in Gaza continues to dominate. The position is that while almost everyone is sympathetic to the Israeli need to stop Hamas from lobbing missiles into her country, nobody wants Israel to rock the boat by doing anything about it.
We are starting to see serious polarisation around the world and countries will align with whom they wish to align. East vs West.
Everything else, for the time being, is noise. A Middle East war would be the most calamitous event possible. Oil supplies severed, and spread of hostilities from the ME to Asia and Eastern Europe.
Oil and gold should gain. It should be GBP and CHF positive and possibly quite good for military stocks in the USA.
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David's comments on the 2008 financial crisis. David's views are private and not to be taken as investment advice
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