RespireRx Pharmaceuticals Inc (RSPI)

[gfp927z]

Jerry, OT - Maybe I've done too much conspiracy oriented research over the years, and listened to too much Alex Jones lately, but I'm starting to seriously consider battening down the hatches, both financially and in other ways. I always found the conspiracy stuff interesting, but figured it was too far off to worry about. Now I'm not so sure, particularly with an attack on Iran likely in the near/mid term.

Even if the most dire scenarios don't come to pass in the forseeable future (dollar collapse, etc), at bare minimum bombing Iran will send oil prices 'to the moon', probably to $250 or more. What that does to the global economy and stock markets will be devastating. Iran has contingency plans in the event of attack to sink several tankers in the Straits of Hormuz, effectively bottling up 60% of the world's oil. Iran is China's biggest supplier of oil, and the Chinese govt has threatened to start dumping some of their $1.4 trillion in US treasury bonds should we attack Iran. The Israelis could easily get involved, should Iran follow through with their threats to launch missile attacks. The whole thing could spiral into a nuclear exchange. US defense planners have scenarios for using tactical nukes against the hardened underground nuclear enrichment facilities in Iran.

Anyway, it's got me worried. Other than my small Cortex position and some CD's, I've been in cash, and have been short-term trading the only remaining good sectors out there via commodity ETFs. I'm actually thinking of buying physical gold again, plus have been looking at the storable food website advertised on the Alex Jones show. Just curious if you're also starting to take this stuff more seriously?