RE: Silver over 74$27 Mar 2026 09:53
Lucky Luciano
Hmmm, where to start or is it even worth bothering?
The dollar is currently the currency by which most oil is traded, therefore when oil prices spike the buyers need dollars so the dollar strengthens. Once the oil price drops, which it will once things are resolved, the dollar will drip again.
Economies across the world are struggling, not just ours and the USA, we have had years of mismanagement which can't be reversed overnight by any incoming party. They inherit the devastation of the previous administration and trying to sort that out is a nightmare.
As for the conflict name mentioned Iran I fail to see how anyone would welcome the evil IRGC having nuclear weapons capability. They along with the likes of hezbollah are causing terrorism worldwide as it is. Thankfully this president is doing something about it. The majority of the Persian/Iranian people seem happy at the prospect of getting out from under the yoke of the Islamic extremists, they have been murdered by the IRGC for protesting against it. The comments by others that the USA is committing war crimes by deliberately targeting civilians is utterly facile, this must be the most precisely targeted conflict in history. Unfortunately the cowardly IRGC locate themselves near civilian targets, just as the Palestinians do in Israel so there will be some unfortunate incidents of civilian casualties. At the end of the conflict those numbers will represent a very small percentage of civilians killed by the IRGC.
As for the straights of Hormuz, the president has seen the lack of support he has received from NATO so he is in no rush to help them out. He did of course take the wise step early in his second term of ensuring the USA had energy independence. Something that our rotten government here in the UK ensured that we didn't have.
I don't see this conflict lasting too much longer, there is obviously disarray in the terrorist camp as so many of the key players have been terminated. I'm sure that negotiations are going on with people who are likely to be able to form a new government once they are rid of the current lot.
If the USA do put boots on the ground it will be on Kharg island, I don't see them going into the mainland until peace has been declared.
People need to stop listening to the rotten mainstream media, we know how they twist everything that is going on to their own agenda. Look for independent journalism. On this topic Tousi TV has a lot of interesting insight.