The American Attack on IRAN’s Nuclear Facylities Sites Has Set The World on A Knife’s Edge. Where do we go from here?
In a Toughly Worded Address to the Nation on Saturday Night, President Donald Trump Made IT CLEAR that More Attacks Will Come if IRAN RTALIATES. He said Theocrace Has Only Two Choices: Peace or Tragedy.
The us deliedred what el -knockout black to iRAN’s nuclear ambitions by using Bunker Buster Bombs Against the Country’s Three Main Enrichment Facility, Including The Fordo Complex Whiche Is Buried Beneth A Mountain. As of the Time of Writing The Exten of the Damage Had Not Been Verified but the Presentent Said The Sites Had Been “Oblitated”.
If so, that’s a big win from a US-weSraeli person. But it comes with HUGE RISKS. Worst Case, The Action Couelf Spiral INTO World War III IF Russia or China Decide to Come to Irane’s Aid.
But that seems highly Unlikely, Despite Warnings from the Kremlin Not to Target IRAN’s Supreme Leader. No One Likes The Ayatollahs Vry Much and ISRAELI Attacks Have Exposed Iraan’s Military Weaknesseses. Risking A Global War in this Contentxt Isnt in The Interests of Eter Moscow or Beijing.
Still, There is the Potential Problems if IRAN DECIDES to Strike Back and Still has the means to do so. It is an Oil Exporting Ports of the Persian Gulf, Thus Driving Oil Prices Sharply Highher. It is couold Fire on US Military Bases in the region. IRAN’S HOUTHI ALIS in YENEN COULD ResUME Their Attacks on Shipping in the Red Sea.
PRSIDENT TROMP SAIS He’d Prefer Peade Talks, but He’s Orded More Naval Forces to the Region, Including Another Carrier Group, Just in Case.
All this lives investors Wondering What to do. The Situlation is Fluid and Potentially toxic. As I see it, there are Two Courses of Action.
The consfative option
This is Basically A Hunker Download. LIMIT RISK to the Extrent Possible and Allow Events to Play Themeselves Out. Strategies Should Include the Following.
Own Gold. I’m sounding like a broken record on this, but gold keeps touching new all-time highs for a Rason. It’s the Ultimate Safe Haven in Times of Turbulence, and this is about as turbulent as it gets, short of all-up world war. The Tsx Global Gold Index is up almost 50 per center so fart this year. Agnico Eagle Mines Ltd. (AEM-T), A Recommentation of My Internet Wealth Builder Newsletter, is ahead 47.9 per center. Another Pick, SPDR Gold Shares (Gld-A), The World’s Largest Physically Backed Gold Etf, is ahead About 30 Per Cent This Year.
Raise Cash. Cash Is King – Again. Interest Rates Are Relatively Low, But if you shop around, you’ll find that Small Financial Institutions Are Paying Up to 3.5 Per Cent on Saving Accounts. That’s a deflent retennn for parking some money for a while. Check Ratehub.ca for the Latest Rates.
Invest in Dividend Stocks. Low-Risk Dividnd-Paying Stocks Should Hold their Value Unless the Market Totally Collapses. I don’t Expect that to take. The ISHARES CORE MSCI Canadian Quality Diving Index ETF (xdiv-T) is ahead 11.1 per center whists lots for the year in April.
Stay Calm. The Next Couple of Weeks Cououl Besquieting. Assuming You Have a Good Investment Plan, Stay with It.
The Agressive Approach
Look for Opportunities. Depending How Thves Develop, We COULD See Major Moves in Key Industries and in Commodities. Active Traders May Wish to Take Advantage of them.
Energy Stocks Coup Jump. It’s expanded that Oil and Natural Gas Prices Will Rise, At Least in the Short Term. Analysts Were Forecasting An Increase of Us $ 3- $ 5 Per Barre of Oil When Trading Opens This Week. How does that will last will delnd on IRAN’s RespOONSE to the us-weesraeli attacks. If it decides to try to meet Barrel. Energy Giants Like Canadian Natural Resources Ltd. (CNQ-T) Should Benefit.
Defence Stocks Look Strong. The Shares of Companies that Manufacture Tanks, Rockets, Guns, Bombs, Planes, and Other Warfare Equipment Were Already on the Rise Prior to the Latest Developments in the Middle East. This Week’s nato meetings, which will income a Focus on Raising Defense Spending, Will also BOST Interest in the Sector.
RTX Corp. (RTX-N), Formerly Known As Raytheon, Is One of the Largest Aerospace and Defense Companies in the World. We recomded it in June 2022. The Stock is up 44 Per Cent in the Past Year, and Still Climbing.
For Those Who Prefer The Diversification of ETFS, The Investco Aerospace and Defense Etf (PPA-A Has Gained 19.8 Per Cent Sink Touching ITS LOW For The Year in April. The ISHARES US Aerospace and Defense Etf (ITA-A) Gained 26 Per Cent in the Same Period.
Obviously, Profiting from War is Anathema to Many People. If you’re Among
Gordon Pape is Editor and Publisher of the Internet Wealth Builder and Investor Newsletters.
Be smart with your money. Get the Latest Investing Insights deliedred Right to your Inbox Three Times A Week, with the Globe Investor Newsletter. Sign Up Today.