Are Red Lines Broken? Nuclear Threat Out Of Russia And Gold As The Doomsday Hedge
- Russia has changed its nuclear doctrine, which increases the risk of a nuclear conflict.
- Broadly, the global geopolitical situation is escalating and the probability of a wider conflict is increasing.
- Over the next two months, until the Trump Administration takes over, Gold is an appropriate hedge.
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Post-election geopolitical escalation
I warned about the post-election geopolitical escalation. However, my primary warning was about the Israel-Iran situation. Specifically, I expected that Israel would take the given opportunity and attack Iran's nuclear and energy infrastructure.
The nuclear Iran is
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