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Currencies

Fortunes of War

In an earlier post, had discussed the consequences of Israel attacking Iran.

In most wars, the biggest beneficiary is the one who has not taken part in the war

For example, the biggest winner in the Korean War and the Vietnam War was Japan as the US military used it as a base for their operations

In the US-Afghanistan war, the biggest monetary winner was Pakistan as the NATO supply lines went thru its territory.

In the Iraq war, the biggest winner was Dubai.No wonder it saw a huge boom during that period.

So if the Iran-Israel war breaks out, the country not taking part in the war will be the biggest beneficiary.In my opinion, that country will be…Saudi Arabia.It will benefit by a weakened Iran and/or a weakened Israel and the best part will be that oil prices will remain elevated.

So its probably time to stock up on some Saudi Arabian Riyals !

 

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