16.10.2023 – The Israeli ground offensive in Gaza is imminent. The comparison with the Damocles saga from Syracuse in the 4th century is unavoidable: The hatred of the Islamists is not only a danger hovering over Israel. It hangs over the entire West.
Let us allow a representative of the worst case to have his say – and let us hope he is wrong: Tuomas Malinen, professor in Helsinki and head of the consultancy GnS Economics, warned in the article “The Sword of Damocles”, among other things, of a price explosion in oil up to around 300 dollars. The picture shows the daily chart of WTI.
Source: Bernstein Bank GmbH
The expert outlined this scenario: The conflict escalates, the USA intervenes. OPEC reacts with an oil embargo. Iran closes the Strait of Hormuz – according to Malinen, one-sixth of the world’s oil supply and one-third of the liquefied natural gas flow through the eye of the needle. In addition to oil, natural gas is also rapidly becoming more expensive. Europe is sliding into an energy crisis.
“Buy gold, petrol, gas and wood”
Inflation shoots up. The financial market and the banking sector collapse. Government bond yields are heading north. In other words: investors are selling bonds in a panic. The new debt crisis forces the Federal Reserve to rescue the market – with interest rate hikes to curb energy inflation and a trillion-dollar buy-up of financial stocks. Recession. OPEC abandons trading petrodollars in a nuclear option. Money supply grows rapidly, hyperinflation.
The professor considered the entire causal chain to be improbable at present. But even the first points of it would have considerable consequences. Thus Malinen advised: “Regardless, it may not be a bad idea to buy gold, gasoline, gas and wood (if you have a stove).”
They want chaos and genocide
This is exactly what the enemies of the West want. That is why they will escalate if they assume that Israel stands alone. Once again, the warning remains: the financial market underestimates the danger because many are not interested in the causes in the permanent conflict. So-called peace activists argue that it was the wave of Arab refugees after 1948 that overturned the peaceful coexistence of Jews and Arabs in the Middle East. This is nonsense.The Hebrews already had their advanced civilisation around 3,000 years ago under the kings Saul, David, Solomon. Judea and Samaria are essentially what is now called the West Bank – Israel has reclaimed its very own territory. In the course of Islamic expansion after the 7th century, other religions were massacred and suppressed for centuries – Bahai, Zoroaster, Christians, Jews, Hindus, Jessids. In the decline of the Islamic world, which was completely bypassed by the Industrial Revolution, the ultra-radical movement of the Muslim Brotherhood arose in Egypt – and that already in the 1920s; Hamas is an offshoot of it. Then the founding of the state of Israel – unheard of, the eternally oppressed Jews won. Around 800,000 Arabs fled; but also because the attacking armies told them to get out of the way. After 1948, hundreds of thousands of Jews were expelled from Arab countries.
The radical Islamists do not want a Palestinian state next to Israel. It is about the extermination of all Jews, which can be read in the Hamas Charter, for example. If the Iron Dome breaks now in an attack by Hezbollah and Iran, Israel could respond in a nuclear Armageddon. So stay alert, think the unthinkable – some of your capital should go into Protective Puts and long positions in the assets mentioned by Malinen above. We will keep you posted.
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