Think stock holders outside U.S. are liquidating their stocks in contemplation of the possible Bush-Iran war?

Question

The buzz that Bush is preparing to attack Iran is huge. I've been hearing concerns for the past few days about getting liquid cash and gold in hand. Wonder if today's stock market decline has something to do with that 'U.S.-Iran' war news? Seems that none of the TV Stock Market honkers have yet mention/associate the stock plunge close to that possibility, except to say they don't know why the market in taking such a plunge, especially in China? Don't Chinese people - having learned from their past histories - always prefer to hold on to cash and gold when they sense disaster coming? Does the Chinese or other nations' Intelligence know something we don't and wispers are gathering in China and abroad?

Guess we'd have to monitor the Asian, Australian and New Zealand news.

News like these do get read and Cheney's sudden trip does help flame the gossips:
:
http://www.indybay.org/newsitems/2006/01/29/17990231.php

http://www.newyorker.com/fact/content?050124fa_fact

http://mosnews.com/news/2006/02/07/vzhiriran.shtml

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=48142

Answer 1

I don't believe Iran has anything to do with today's drop in the market. It's been oversold for a very long time and yet the market just kept rising. The international markets return has been the best return and where lots of people have put their money thru IRA's, retirement funds, etc. I've watched these markets for years but never a player, just as an ecentric interested party. I am always amazed as how the markets just keep going up so I guess you'd say I was a "bull." Expect the market to decline further for a few day and then it will rise again. The past is prologue. Long term investors will hold firm as always and move in when the time is right. Well, that is the way I see it...no biggee. Hope it helps.

Answer 2

Maybe there is a perception of that nature; stock prices always go up and down in response to the news. It's nothing to get worried about. There are people who know how to profit by these ups and downs, which tends to exaggerate them a bit.
Long term, I am not quite so sanguine; I expect we (and the whole world) are headed for some hard times as the conflict heats up. But I don't expect the crisis for a few years yet.

Answer 3

No. America IS the world economy. The Chinese own huge amounts of US Gov't bonds. Without those bonds, the Chinese currency increases in value vs. the US Dollar and the Chinese can't sell all the crap they export to us. The entire Chinese economy is based (illegally, I might add) on the dollar. They can't just pull out. America is the engine of the world economic system. The US Treasury has the highest international credit rating in the world.

Answer 4

fears of war are certainly not helping
are they
you raise a good point
china is very in tune with the world wide vibe
it sees the writing on the wall
it reacts not causes
the cause of china reaction could well be the fear of war or just a warning of that which could come
it is said that we gain wisdom from the east
[fatima revelations]

Answer 5

As much as I'd like to see Iran invaded it's not going to happen. Bush is too much of a wimp like his dad. Where's this buzz your hearing? I'd like to know.

Answer 6

No; and if you think you are hearing a "buzz" that we are getting ready to attack, I'd sugggest a hearing check.