Is anybody concerned about the conflict in Iraq disrupting world markets?

Discussion in 'General Trading Discussion' started by Allison2021, Jun 22, 2014.

  1. JadeDoo

    JadeDoo Well-Known Member

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    I personally would hold out until there's a catalyst. I think precious metal has pretty much hit the floor atm, but why get into it if it's not moving. And I think there's a good chance it will stay stale for a long-term. With that said, I still keep like 5-10% in precious just as diversification but not making a play on it. As people of finance or economics, we need to look at it from the perspective of opportunity cost. And if it's not making money, your losing money.
     
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  2. Gelsemium

    Gelsemium Senior Investor

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    Exactly, have your money just sitting there means that we are losing opportunities, but on the other hand that money just might come in handy if something unexpected happens. ;)
     
  3. Peninha

    Peninha Senior Investor

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    I agree, even if we are not making money I think that the markets have proven recently that a collapse might happen and in that case we have something of value that we can use, it's our insurance.
     
  4. Determined2014

    Determined2014 Guest

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    I am very concerned and getting scared, because it is threatening the stock market world wide, I do hope that this changes soon.
     
  5. turt

    turt Guest

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    It seems like the market is trying to ignore the conflict so far. I really don't want to pay higher gas/food prices! It seems like every summer, there is some reason to raise the price!
     
  6. JaydonTyler

    JaydonTyler Well-Known Member

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    They will find a way to have the upcoming "wars" to effect the market. They control the numbers that we see. They can manipulate them at any time they choose. We are seeing "reasons" they can use to do so. People would understand if it was to happen in a time of war. Great time to steal money from the public.
     
  7. dianethare

    dianethare Senior Investor

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    Its to my understanding that conflicts and crisis such as these create doors of immense opportunities...how to explain how that happens, is something else altogether.
     
  8. May102014

    May102014 Well-Known Member

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    This is a major concern because oil is pertinent to our market here in America. In no way do I endorse American troops going into war against the extremist Sunni Muslim. People must remember the conflict between the Sunni and Shia have been going on for centuries. Now, in recent years (particularly with the US lead invasion of 2003), the conflict has exacerbated. Unlike the situation in the Ukraine, Iraq has been a major resource for oil and the ongoing violence is a threat to international markets. I am seeing effects right now in my local town when it comes to oil prices. I don't see an end in this saga as Sunni Muslims have already seized at least 4 towns since their insurgency a few weeks ago.
     
  9. Allison2021

    Allison2021 Well-Known Member

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    What you say is the truth. However, I cannot help but think of all those children who will continue to physically ans psychologically suffer as a result of ongoing armed conflict.
    I also cannot help thinking that it is our, Americans, fault. We were the ones who started them fighting among themselves. We are at fault because killing Saddam Hussein created a vacuum.
    Next, we helped to create ISIS. ISIS was opposed to the Syrian leadership. Once we gave them guns or armed them they successfully attacked installations in Syria. Then they decided to turn south and began rolling towards Baghdad. What happens if and when they obtain any oil refineries?
     
  10. mark973

    mark973 Well-Known Member

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    These issues are definitely going to have a negative impact so I wouldn't be surprised to see that in the news. Someone has to stop ISIS in their tracks before they take over Baghdad (if they do). If/When they do, it will be a disaster.
     

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