Warning Signs

July 10, 2008

WILL WE, OR WON’T WE? That is the question in the minds of many regarding the probability that the US and/or Israel will attack Iran. Not surprisingly, I’ve been keeping my eye on the situation, and here are a few clues as to what might soon occur:

1. Investments put on hold: French, Spanish, and Dutch companies have recently decided not to develop natural gas fields in Iran because the area is “too politically risky”. Do the insiders in these countries know something? Certainly, any investment in Iran’s gas fields now could turn sour if war breaks out — or if the government ‘nationalized’ said fields on a whim (like Hugo Chavez has been doing in Venezuela — and let’s not forget that Chavez and Ahmadinejad are good buddies).

2. Missile testing: Iran has tested long-range missiles that could “put Israel, Turkey, the Arabian peninsula, Afghanistan and Pakistan all within striking distance.” In response, the US has conducted a ‘missile defense test’ involving scenarios that include ships in both the Persian Gulf and the Mediterranean. Back in January, Israel tested long-range missile capable of carrying a nuclear warhead.

Read more at Sharon’s Website