Quote from candletrader:
...................As for the economic impact of an attack on Iran... oil prices will take a short-term dive and gold, a safe geopolitical haven, will spike...
In the long-run, things will stablise... this is because the middle east will be effectively entirely under our control (we will have military bases in all key oil-producing countries) and oil supplies will be guaranteed for decades...
i just want to go on record as saying this is grossly inaccurate. with any attack on Iran, i believe oil will spike and will remain high during an extended conflict.