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The overnight assassination of Iranian Quds Force Commander General Qasem Soleimani in a drone strike ordered by Donald Trump has changed the game in the Mid-East. History is replete with examples of assassinations that provide springboards to all-out war. World War I is a modern-day example. The ultimate result of this strike remains to be seen. Crude oil is understandably higher, stocks are sharply lower, and volatility has spiked across the board.
Gold is popping on this news, rising within striking distance of old swing highs at $1,567 per ounce. Two or more consecutively higher