Quote from Rearden Metal:
Today the wind has blown in Israel's favor, but I'd seriously warn against overconfidence right now. Israel's ground offensive into Gaza hasn't even begun yet, and when it does the IDF will sustain heavy casualties as they do everything in their power to minimize Pali civilian casualties.
Worse yet, is the storm about to hit Israel's northern front. Iranian proxy Hezbollah has been diligently preparing over the past 2 1/2 years for the coming rematch, and it's all set to explode in the next couple weeks.
It's about to get very bad, very soon.
So what's the play - gold or oil calls?