What's going on in Iran? When the old guard starts shooting the young people, that's not a favorable sign for the long term.
Last time Iran had a revolution, in 1979, it ushered in turmoil in the oil (and gold) markets for several years. Of course, the invasion by Iraq in 1980, and subsequent war, had something to do with it as well.
After 30 years, the Iranian theocracy - and well-connected family and friends - has pretty much taken over that nation's economy. Most everything that's worth owning - oil facilities, banks, industrial facilities, etc. - has some 'revolutionary' connection. And these folks are not going to walk away from it without a fight. (more)
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