Search Results for: Michael Snyder

If Iran actually starts deploying naval mines in the Strait of Hormuz, we are going to see a gigantic wave of panic sweep through global financial markets. At this moment, any commercial vessels that attempt to pass through the Strait of Hormuz are sitting ducks for Iranian drones and missiles. That is why traffic through … Read more

What a wild week it has been already. On Sunday night, I watched as the price of oil hit $116 a barrel. It was insane. Financial markets started to panic all over the world because investors know that if the price of oil stays above $100 a barrel for an extended period of time it … Read more

There is no way to get around it. We are facing a major global economic disruption, and the longer this war goes on the worse it will get. As I have reminded my readers on numerous occasions, our entire way of life is predicated on cheap energy, and the Middle East is the most important … Read more

If you have not already done so, I would recommend filling up your vehicle, because it looks like the price of gasoline is going to go much higher. At the very beginning of this war with Iran, the price of oil didn’t rise too much because many investors were anticipating a quick victory over Iran. … Read more

If the war with Iran persists for an extended period of time, a lot of people could literally starve. Approximately half of all global food production is dependent on the use of fertilizer. Without fertilizer, crop yields would drop precipitously and there wouldn’t be anywhere near enough food for everyone. Even now, hundreds of millions … Read more

There are a lot of people out there that seem to think that the nuts that are currently running Iran are good people that always tell the truth and that we can always trust them to do the right thing. But of course there is no government on the entire planet that always tells the … Read more

It appears that both sides are settling in for a long conflict. The Iranians are making it clear that there will be no negotiations and no surrender. By now, the leaders of the regime are almost certainly holed up in very deep bunkers underneath hospitals, schools and other very sensitive targets in highly populated areas. … Read more

The war with Iran that we have been waiting for is officially here. The U.S. and Israel are absolutely pummeling Iranian military targets, and in return the Iranians are striking targets all over the Middle East. As you will see below, even a British military base in Cyprus has just been hit. I think that … Read more