Tag Archive for will the stock market continue to drop

While World was Distracted Iran Received the S-300 Missiles that Could Lead to World War III

While the world has been distracted by the quickening of the dissent into global chaos, it was easy to miss a major even that occurred this week.  Russia delivered the first batch of S-300 missiles to Iran.  The missiles were the last component needed to make their previously delivered S-300 Air Defense System fully operational.  This may signal Russia is moving forward with a more aggressive foreign policy to counter the US military’s growing list of provocative actions.  Further, two countries did not miss this major geostrategic event.  Israel and Saudi Arabia have been carefully watching and monitoring Iran for this event, which may prove to be a red line that at least Israel is unwilling to allow Iran to cross.  If true, the clock is about to run out for Israel to take unilateral action or be at the mercy of warming US foreign policy to Iran.  This could mean the outbreak of WWIII.

Make no mistake, the introduction of a fully operational S-300 Air Defense System in Iran alters the balance of power in the Middle East and Israel and Saudi Arabia know it.  It is possible Israel has developed counter measures to the S-300, but the mere presence of the system alone would fundamentally limit Israel’s ability to attack Iran’s nuclear sites.  Whether or not Russian President Vladimir Putin and Israeli Prime Minister Netanyahu reached a mutually acceptable deal on the sale and delivery of the system to Iran is unknown, but my guess is Israel protested vigorously.  Both the Netanyahu and Putin know that the air defense sale will significantly strengthen and embolden Iran, which is a sworn enemy of Israel.  Further, Iran is seen as a threat by the rest of the Sunni dominated Gulf-Arab countries.  Therefore, one must ask if this could trigger and war and if so, why Russia would finalize the sale and delivery.

I have previously warned and detailed why an operational S-300 Air Defense System is a major event that could trigger a war in the Middle East that goes global.  (See: http://www.lastminutesurvival.com/2015/08/29/russian-transfer-of-s-300-air-defense-system-may-force-israeli-to-initiate-war-with-iran-before-winter/).  Read more

What today’s market collapse means for the future

Black Friday hit world stock markets causing almost three trillion dollars in losses. As I predicted, this summer’s crash initiated a far larger crash cycle that is now returning with a fury.  The Chinese contagion that was said to be “contained” by our leaders is anything but contained.  It is now clear China’s economic crash wasn’t averted; it was just temporarily masked and delayed.  Further, oil prices continue their steep decline and now are under 30 dollars a barrel.  Also, 2015’s economic numbers are in and 2015 was the year global economies fell back into chaos.  With compounding bad economic news in all markets globally, what can we expect going forward?

I have for years told advocates of energy independence that it isn’t $200 dollars a barrel for oil that I fear, but rather $20 a barrel. Most “experts” thought that by reducing our reliance on Middle Eastern oil supplies, we would somehow achieve greater stability.  I correctly warned that if you want to see real chaos, drop the oil prices to $37 or below.  Well, today, oil prices broke below the key technical floor of $30 per barrel and barring any intervention by Saudi Arabia to reduce oil production, we are going to soon test the $20 mark.  Even before hitting the $37 mark, it was clear stability in the Middle East had gone from really bad to near worst case scenario.  At the $20 per barrel mark something must break.  Whether Saudi Arabia takes and knee and gives into OPEC pressure to cut production or a war breaks out, no oil producing country can continue to endure this price point much longer.  This downward spiral in the oil market will only add to the vast problems in the Middle East and before the region rebalances, it is very likely more countries will collapse.  With near certainty, the old geographic boundaries of the Middle East will be completely redrawn and it is increasingly likely we are seeing the first waves of what will eventually turn into a major collapse of Saudi Arabia.  Read more