Three Cheers For Saddam

  1. 840 Posts.

    Well, in a market sense, it could be that Saddam has presented investors with an early Christmas present.

    Now that Saddam has agreed to the resumption of weapon inspections, the immediate threat of war has been averted - some may say only prolonging the inevitable.

    Providing the inspections proceed without a hitch over the next week or so, we should see a nice little pre-Christmas rally in the markets.
    Gold however, may weaken a little during this period.
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