Jim Willie: “China Has Stated A U.S. Attack On Iran Will Result In A Chinese Military Response”

from Tekoa Da Silva’s Bull Market Thinking:

I once again had the chance to speak with Jim Willie, publisher of The Hat Trick Letter, found over at GoldenJackass.com. It was a quite a fascinating interview covering gold, the Shanghai Cooperation Organization(SCO), the weakening global U.S. dollar infrastructure, and special attention was paid to the recent banking sanctions levied against Iran by the United States.

According to Jim, U.S. sanctions against Iran aren’t so single-faceted anymore. Other countries are beginning to defy U.S. sanctions in order to protect their own national security interests. Jim comments were, “What’s happening behind the scenes is that nations are coming to the stage with Iran, side by side, and saying, ‘We’re going to continue doing trade. We want Iranian oil. We want other Iranian products, and we will continue doing trade’…There are some pretty ugly things going on against that country[U.S. sanctions], and there are some pretty ugly things going on inside that country.”

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