Stock Market to Crash September 26, 2012 on Israel Yom Kippur War With Iran
Israel warns that the clock is ticking, and that Iran is dangerously close to acquiring nuclear weapons. Is a long-feared military clash looking more and more likely?
Over the last several days, Israeli Prime Minister Benjamin Netanyahu has loudly and repeatedly urged that President Obama draw a “red line” that Iran’s nuclear program can’t cross, warning that without such a line, the Islamic Republic will likely be within reach of building its first atomic bomb in six or seven months. Obama administration officials say Netanyahu’s timetable is wrong and that Tehran will need at least a year to gather the nuclear fuel it would need, and even longer to fit a warhead onto a missile. Is a violent showdown between Iran and Israel nearly here?
The Israeli military on Wednesday September 19, 2012 — conducted its largest snap drill in years as tensions with Iran over its nuclear program rise and civil war in neighboring Syria rages.
Iran warned that oil shipments through the strategic Strait of Hormuz will be in jeopardy if a war breaks out between Iran and the United States. Iranian officials have previously threatened to close the waterway, the route for a fifth of the world’s oil, but less frequently in recent months.
In presidential politics, the October Surprise is supposed to be a curve-ball you throw at your opposition, something that might sway wavering voters who do not have time before Election Day to recognize that they are being manipulated or hoodwinked.
Secretary of State Hillary Clinton told Bloomberg last week that the United States is “not setting deadlines” for Iran. This triggered a diplomatic spat between Washington and Jerusalem that was not visibly calmed by an hour-long phone call between Obama and Netanyahu this week. It should come as no surprise that if Israel attacks Iran in the next few weeks, it will surely be this election’s October Surprise.
Israel has given the Obama Administration a deadline of September 25, 2012 to deal with an Iran October Surprise. Since early September, the Israeli Defense Forces have been in the midst of preparations which have the appearance of readiness for a real war rather than an exercise. Those preparations peaked Wednesday under a codename which signified its goal: the defense of national assets.
Yom Kippur is when the Israeli Defense Forces will attack Iran and the U.S. stock markets are expected to have multiple crashes on September 26, 27 and 28 with another Black Monday on October 1, 2012 where a temporary bottom should be put in place. Heavy “Stock Option Puts” are being bought on the SPDR S&P 500 (Ticker Symbol: SPY) as investors are positioning themselves for this historic event.
The stock market is expected to re-test the lows it set during the 2008-2009 Financial Crisis — an S&P 500 low of 666.79, which was set on March 6, 2009 should occur by the middle of October 2012.
The Yom Kippur War, Ramadan War or October War — also known as the 1973 Arab–Israeli War and the Fourth Arab–Israeli War — was fought from October 6 to October 25, 1973 between Israel and a coalition of Arab states led by Egypt and Syria. Israel has gone to war before during Yom Kippur.
If you need proof that Western leaders think Israel is getting ready to strike Iran, take a look at the Persian Gulf. The U.S. and Britain are massing an armada of warships because they believe that Tehran would respond to an attack on its nuclear facilities by mining or blockading the Strait of Hormuz, a shipping lane that handles 35 percent of the world’s oil distributed by sea. This “unprecedented show of force” is a clear sign that the long-feared showdown might be near.
Battleships, aircraft carriers, minesweepers and submarines from 25 nations are converging on the strategically important Strait of Hormuz in an unprecedented show of force as Israel and Iran move towards the brink of war.
Another sign of an impending conflict was provided by US diplomats who Monday began destroying classified documents and sensitive equipment at the Beirut embassy — the trashing of embassy documents usually signifies preparations to evacuate an US embassy at short notice.
Tags: Aircraft Carriers, Arab Israeli War, Battleships, Hillary Clinton, Iran, Islamic Republic, Israel, Israeli Prime Minister Benjamin Netanyahu, Jerusalem, Minesweepers, nuclear Fuel, Nuclear Weapons, Obama Administration, October 2012 Stock Market Crash, October Surprise, Oil Shipments, Put Options, S&P 500, September 2012 Stock Market Crash, September 26 2012, SPDR, Stock Market Crash, Strait of Hormuz, Submarines, Tehran, The Defense of National Assets, Washington, Yom Kippur, Yom Kippur War