Did World War III Just Begin?
A major shake-up in the Mid East has four U.S. allies ganging up against a fifth — and throwing the future of the region and the world into question. Dear John, It was shocking news coming across the wires this morning: Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut off diplomatic ties with Qatar. The Wall Street Journal says “The step marked the worst diplomatic crisis in decades among some of most powerful states in the Arab world.” Others are even claiming that this development may have planted the seeds of World War III. Where does the truth lie? Protecting Your Wealth And Well-Being Frankly, I think the warnings of World War III are vastly overblown. Yes, this is a serious development that pits four U.S. allies in the Mid East against another. In announcing the move, Saudi Arabia blames Qatar for “financing, adopting and sheltering extremists.” The Saudi-led coalition is cutting off all land, sea and air routes from Qatar due to that nation’s support for Islamist groups as well as Iran. Bloomberg reports that this decision “threatens to have far-reaching effects on Qatar and raises the political risk for the Middle East….” But World War III? Probably not. Still, this is a prime example of how geopolitical risk affects the markets. In this case, oil prices have sold off, gold is up and major investments by the massive Qatar Investment Authority (including Volkswagen, Rosneft, Glencore and Barclays) are now in question. But most importantly, geopolitical events can affect the very well-being of you and your loved ones. And the global scene has never been more volatile and risky than it is today. From expanding investigations in Washington to escalating terror attacks in Europe…from this latest development in the Mid East to the verge of war with North Korea…it’s time to be worried. And it’s time to be informed. The best way to do this is to hear from — and talk to — the world’s leading experts. And there’s no better place to do this than the New Orleans Investment Conference. Over 43 years, this event has proven to deliver its best results — investments with rock-solid safety and junior mining stock picks that multiply in value — during times of crisis. In other words, times just like today. Who Better To Separate Fact From Fiction? If you want the straight scoop, you need to listen to those who are known to deliver it. 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