by John Galt
March 26, 2015 05:00 ET
Needless to say that old barbaric metal must be popular in the Middle East as an insurance policy against economic destabilization. As the news about the size and scope of the Saudi offensive into Yemen became public knowledge overnight, precious metals surged in response:
Meanwhile WTI Crude is up over $2.00 per barrel as of this posting:
Stay tuned as this conflict has the potential of spreading far and wide throughout the region thus ending the bear markets in these commodities and altering the policies of central banksters around the world; especially if Iran elects to get involved.