well there goes the world as we know it
I would agree, economically speaking, a hot war in the oil lanes of the Persian Gulf with the fanatical (Moscow-supported) Iranian dictatorship attempting to 'wipe Israel off the map' will send the energy & precious metals market into never before witnessed excessively bullish & inflationary territory, based on the fear factor of a far greater war, while international stock markets shall fall quicker than the last sub-prime-triggered sell-off. The current recession will slide toward a full scale depression, contingent on the duration of greatly inflated energy costs, naturally effecting the price of all transported consumer goods.
All of the above could be avoided, in addition to being resolved, only if there was a true united front dedicated to removing the anti-Western tyrannies in Iran & Syria, and in doing so Hamas & Hezballah terrorist entities would be minus their chief arms & monetary benefactors and much easier to defeat. Due to the Middle Eastern Obama agenda, obvious resolutions shall not be forth coming, but the reverse.