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Iran Could Face Dreaded ‘Plan B’

By: Rick Ackerman, Rick's Picks


-- Posted Wednesday, 12 April 2006 | Digg This ArticleDigg It! | Source: GoldSeek.com

Rick’s Picks

Wednesday, April 12, 2005

For investors who’d rather be smart than lucky 

If investors needed a wall of worry to climb, they’ve got one now. With oil prices again pushing $70 a barrel and Iran giving the finger to the world, worrying should come easy to market-watchers who are inclined to fret. To give the Iranians their due, they showed canny timing in announcing they have successfully enriched uranium. A day earlier President Bush had placed his ebbing political capital on the line, asserting that the solution to a recalcitrant Iran lies in negotiation, not bombs.

Much as the civilized world wants to believe it, the Iranians have so far shown zero interest in hashing things out. The North Koreans have at least been willing to sit down at a table with the enemy, even if they haven’t said much in the last fifty years. But Iran makes North Korea look like a model citizen of the world in comparison. Do Iranians perhaps think that as long as China and Russia are on their side, they can never be true pariahs? No matter. But if Russian and China are planning to suck up to the bad guys and bring them around, Jesse-Jackson style, they had better do it soon; otherwise the world could be forced to invoke Plan B:  a dreadnought of…indecisiveness?

***

Information and commentary contained herein comes from sources believed to be reliable, but this cannot be guaranteed. Past performance should not be construed as an indicator of future results, so let the buyer beware. Rick's Picks does not provide investment advice to individuals, nor act as an investment advisor, nor individually advocate the purchase or sale of any security or investment. From time to time, its editor may hold positions in issues referred to in this service, and he may alter or augment them at any time. Investments recommended herein should be made only after consulting with your investment advisor, and only after reviewing the prospectus or financial statements of the company. Rick's Picks reserves the right to use e-mail endorsements and/or profit claims from its subscribers for marketing purposes. All names will be kept anonymous and only subscribers’ initials will be used unless express written permission has been granted to the contrary. All Contents © 2006, Rick Ackerman. All Rights Reserved. www.rickackerman.com 


-- Posted Wednesday, 12 April 2006 | Digg This Article | Source: GoldSeek.com




 



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