Saturday, January 14, 2012

Jim Rickards - War With Iran has Begun, Gold to Break $2,000

"This war will be fought with air power, sea power, cyberwarfare, financial warfare, sabotage, special operation, assassination, things like that. This is already going on. As an example, yesterday a prominent Iranian nuclear scientist had an unlucky encounter with a magnet bomb.

So this war is already being fought. The other day the United States sanctioned the Central Bank of Iran. By the way, we�ve been sanctioning them for years, but we�ve been dialing it up little by little. It�s like the frog that�s boiled in a pot of water and doesn�t know until it�s too late that the water is getting hot.

President Obama sanctioned the central bank about a week ago. The Iranian currency, the rial, dropped 30% in a single day. Hyperinflation has broken out in Iran. This is financial warfare.

My point to the listeners is this is not theoretical, this is not a war game, not an exercise, it�s happening now and the clock is ticking.�

- Read the full interview at King World News, here:

No comments:

Post a Comment