In other news an interesting post from another blog.
Within the last several days there have been a sudden uptick in the number of bets for crude oil above $100 per barrel. This has had people scratching their heads for bit. There is zero economic reason for such a bet.
Now we have word that 5 of the top Iranian Revolutionary Guard senior commanders were executed by a lone suicide bomber. Iran alleges US involvement.
Meanwhile, last month we had the US Congress quietly increase its order of the new 15 ton bunker buster (non-nuclear) weapon from 4 to 10 weapons and to demand delivery in December, not next spring. This happened just days before the public announcement that Iran has a second reactor facility. Which US command wants these bombs? Yes, the same command that overseas the Middle East.
We live, ladies and gentlemen, in a fascist state, a manipulated economy. There is evidence, not conclusive but suggestive, that this economy is about to be manipulated again, this time via war, for the benefit of… Goldman Sachs.
If oil spikes because of this, Goldman will make a killing, the stock market will crater, and the flight to dollar safety will be on. Bernanke will have “saved the dollar”, at the expense of the market, of course. But the market run up was always an illusion designed to part suckers from their cash