• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

Iran Holds Air Defense Drills As IAEA Says Iran Blocks Access To Key Nuclear Site

Tyler Durden's picture




 

As if the market needed another bizarro catalyst to ramp even higher courtesy of an even more pronounced drop in corporate earnings courtesy of soaring energy costs, that is just what it is about to get following news of further deterioration in the Nash equilibrium in Iran, where on one hand we learn that IAEA just pronounced Iran nuclear talks a failure (this is bad), and on the other Press TV reports that the Iran army just started a 4 day air defense exercise in a 190,000 square kilometer area in southern Iran (this is just as bad). The escalation "ball" is now in the Western court. And if Iraq is any indication, after IAEA talks "failure" (no matter how grossly manipulated by the media), the aftermath is usually always one and the same...

From The Guardian:

The UN nuclear agency has declared its latest inspection visit to Iran a failure, with the regime blocking access to a key site suspected of hosting covert nuclear weapon research and no agreement reached on how to resolve other unanswered questions.

 

The statement from the International Atomic Energy Agency was issued shortly after an Iranian general warned of a pre-emptive strike against any nation that threatens Iran.

 

"We engaged in a constructive spirit but no agreement was reached," the statement quoted IAEA chief Yukiya Amano as saying.

 

The communique said that Iran did not grant requests by the IAEA mission to visit Parchin, a military site thought to be used for explosives testing related to triggering a nuclear weapon. Amano called this decision "disappointing". No agreement was reached on how to begin "clarification of unresolved issues in connection with Iran's nuclear programme, particularly those relating to possible military dimensions", the statement said.

Apparently it is Iran's fault for seeing right through the IAEA's track record of being nothing but the catalyst for all out aggression. Here is a reminder why, courtesy of Hans Blix. And with that out of the way, we continue:

The fact that the statement was issued early Wednesday, shortly after midnight and just after the IAEA experts left Tehran, reflected the urgency the agency attached to announcing the failed outcome. The language of the statement clearly if indirectly blamed Tehran for the lack of progress.

We can already see the statements from Clinton, who will do anything to make her transition to head of the World Bank as seamless and as "deserved" as pobssible.

In the meantime, Iran is not playing possum:

Iran’s Khatam al-Anbia Air Defense Base started the four-day exercises codenamed Tharallah on Monday within an area of 190,000 square kilometers in southern Iran, with the key objective of boosting the country’s air defense near the Persian Gulf and the nation’s Bushehr nuclear power plant.

 

During the military drills slated in four tactical phases, the Iranian army will test and assess the operation of its surface-to-air and radar equipment, and will collect new data on the procedures.

 

State-of -the-art radar, artillery and missile systems as well as interceptor fighter aircraft of the Air Force will be used in the military drills.

 

In the first phase of the drills, the fighter aircraft of the hypothetical enemy launched attacks against local air defense forces as part of an electronic warfare exercise.

 

Using passive and active sensors and multilevel data collection and communications systems, the air defense forces managed to thwart the mock enemy’s measures promptly and effectively, and safeguard the country’s radar network.

 

Meanwhile, Iran’s Islamic Revolution Guards Corps (IRGC) Ground Forces wrapped up another drill codenamed Val Fajr in the central province of Yazd on Monday, to further enhance the combat preparedness of Iranian armed forces.

Why is Iran doing this now?

Iran maintains that the military drills are defensive in nature and meant to convey a message of peace and friendship to regional countries.

 

Tehran has also sent a public invitation to regional states to conduct joint naval drills with Iranian forces.

Like Israel?

Rhetorical questions aside, we hope our readers stocked up on gasoline. Because things are about to get uglier. And by that we mean more expensive. But courtesy of hedonic adjustments, more expensive means cheaper, at least to the US government.

0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 02/22/2012 - 00:02 | 2183337 ekm
ekm's picture

No wonder. Each time crude price tilts slightly lower, Iran does something. They must be in dire need of food.

Wed, 02/22/2012 - 00:38 | 2183428 ekm
Wed, 02/22/2012 - 01:31 | 2183556 ekm
ekm's picture

Thx for commenting to everybody. Have a good night.

Remember, eventually everything is a bet.

Wed, 02/22/2012 - 02:11 | 2183601 Michael
Michael's picture

Israel has 300+ nukes and refuses to let the IAEA in to inspect their nuclear facilities.

I would say the Iranian inspection is incomplete, not a failure.

I would say 6 million psychotic Israelis with 300+ nukes is a bit overkill.

Ex-Pres. Jimmy Carter Confirms Israel's Nuclear Weapons!!

http://www.youtube.com/watch?v=a2mvGswp1UA

Jimmy Carter : Israel Has 150 Nukes Or More

http://www.youtube.com/watch?v=S98zH8hZHjg&feature=related

Wed, 02/22/2012 - 02:28 | 2183637 Michael
Michael's picture

Couldn't we just be happy with all the finest modern electronic TV monitors, cool computer stuff, and fun gadgets we invented and call it a happy day?

Wed, 02/22/2012 - 03:09 | 2183689 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

ekm,

Love is not a bet....

oh, and this is bad.

Wed, 02/22/2012 - 05:36 | 2184083 fockewulf190
fockewulf190's picture

I wonder if any of those missles have been photoshopped like last time. No matter, I'm sure the Japanese will see a spike in Prius sales real quick like.

Wed, 02/22/2012 - 05:47 | 2184089 fockewulf190
fockewulf190's picture

Perhaps Israel will just lob in a low yield EMP bomb with a loaned F-117 over their reactor and just fry all the electronics within 5km of the site. Those weapons have been in development for quite awhile already.

Wed, 02/22/2012 - 05:56 | 2184094 Michael
Michael's picture

The State Department just committed about $5 billion to it's Iraq subsidiary.

But that bit of this weeks news probably flew under your radar.

Wed, 02/22/2012 - 09:17 | 2184251 fockewulf190
fockewulf190's picture

Yeah, but 5 billion is equal to just a single day of US debt accumulation, so the media treats it like a Frank Drebbin moment: "All right..move on..nothing to see here...please disperse...nothing to see here!"

Wed, 02/22/2012 - 02:30 | 2183639 Spirit Of Truth
Spirit Of Truth's picture

You seem to be confused between those struggling for life and those struggling for death.  There's a difference IMHO.  Nevertheless, this world won't know peace until we're all on the right side of that struggle.

What I find noteworthy about this news development is that it comes just as the DJIA has reached the 13000 mark.  I've long been pointing out the pattern of historical shocks erupting around the time that the DJIA and other key stock indices around the world reach key "psychological barriers":

http://thespiritoftruth.blogspot.com/2012/02/dow-13k.html

The key question is: What does this mean?

Wed, 02/22/2012 - 02:31 | 2183642 Michael
Michael's picture

Answer: Call me when the DOW passes it's 14,000 all time high. LOL

Wed, 02/22/2012 - 02:54 | 2183666 Michael
Michael's picture

This would have been the most coolest day ever to have participated in, for anybody.

Too bad those couple of thousand participants are the only ones to bear the honer of being there.

Sure wish I was there.

You got to watch a lot of the Youtube videos of the event to the end.

Just incredible.

http://www.thelearningman.com/2012/02/21/veterans-march-on-white-house-for-ron-paul/

 

Wed, 02/22/2012 - 09:34 | 2184294 Chuck Walla
Chuck Walla's picture

So, one has to go to Russia Today to get video and UK Telegraph to get any decent print news. I am deeply saddened that the old media continues to fellate the Great Braack. All Barry can think to do is create more broken bodies for the Wounded Warrior Project.  And create more overcrowding at Arlington.

Wed, 02/22/2012 - 12:40 | 2185123 tocointhephrase
tocointhephrase's picture

Bring back Press TV, bring back the 'News'. Long live Tyler Durden!

Wed, 02/22/2012 - 03:25 | 2183731 ChrisFromMorningside
ChrisFromMorningside's picture

At this rate, that might be in a couple of days.

Wed, 02/22/2012 - 04:05 | 2183890 Michael
Michael's picture

This might be too;

They don't get to see what we get to see, like this.

I kinda feel sorry for them.

Make an epic movie of this event immediately and make DVD's in massive amounts and hand them out to everyone.

Say;

In case you missed it, this happened this past Presidents Day last Monday.

Congratulations Adam.

Veterans March on the Whitehouse

RON PAUL IS THE CHOICE OF THE TROOPS

http://www.youtube.com/watch?feature=player_embedded&v=9yewKCcFSvQ#!

 

Wed, 02/22/2012 - 03:19 | 2183714 boiltherich
boiltherich's picture

You speak false.  Israel has never refused inspection because it was never asked, and it was never asked because it never signed the NNPT. 

As of July 2011, 189 recognized states are party to the treaty. Montenegro is the most recent state to have joined, submitting its instrument of accession on 3 June 2006.[1] In addition, Taiwan is not recognized as a sovereign state, but has accepted comprehensive IAEA safeguards and the measures of the Additional Protocol to verify that its nuclear program is entirely peaceful. North Korea was a party to the treaty but announced its withdrawal on 10 January 2003; its withdrawal became effective ninety days later.[1] Three states have never signed on to the treaty: India, Israel, and Pakistan. The NPT remains the most widely subscribed to arms control treaty in history.[2]

On the other hand Iran is a signatory to the treaty and thus by international law must submit to inspections on demand.  North Korea was as well and backed out because as we all now know they were indeed building atomic weapons, and they have shared their technology with Iran, though I cannot for the life of me understand why Iran would want Pakistani or North Korean nuclear weapons technology if they have no intentions of building such weapons themselves.  Perhaps they need the technology to make sure they do not build a nuclear weapon by accident? 

I am sick to death of the pig headed idiocy here at ZH in this matter.  It is not about whether or not Iran seeks atomic weapons, we are past that, it is now about you defending their so called right to have them. 

Let the arguments be about that, the real issue, not about Iranian desires to get or not get nuclear weapons, because they either already have them or will before this year is done. 

For my part I say I can tolerate a lot, and I think diplomacy has to have it's day, carrot and stick, but I also say Iran cannot be allowed to have nuclear weapons in any circumstances and no matter what it takes they must give up on that goal.  If this be the end of humanity then so be it, but if Iran gets the bomb humanity will wish that we had stopped them, for a short while till those dirty bastards use them. 

Wed, 02/22/2012 - 03:45 | 2183810 lineskis
lineskis's picture

Come on dude. Israel has 200+ nukes, which is more than enough to get Iran off the map. So even if Iran has a nuke or 2 (which is enough to get Israel off the map), they will never use it, because they're not that stupid, despite what you think...

Wed, 02/22/2012 - 03:57 | 2183844 ChrisFromMorningside
ChrisFromMorningside's picture

I was about to write a serious response but then I read that last paragraph and all of your credibility went out the window. You trolling?

The Kim in Chief in NK and his dead father are/were far bigger nutjobs than Ahmedinejad could ever be. US-NK relations haven't escalated since they got the bomb. In fact, it forced the US to back off with the saber-rattling and it allowed for some diplomatic breakthroughs (ie Clinton visiting and negotiating the prisoner release months after their 2009 nuke test). Pakistan is far more unstable than Iran. It's civilian government is contantly on the threshold of collapse back into military dictatorship. Pakistani intelligence is in bed with overtly, violently anti-American elements AND it has access to their nuclear stockpile.

Yet you're willing to wipe humanity off the face of the earth to "stop Iran"? You're nuts. You're right that we should be more honest though. Honesty: this is about Israel. Honesty: nuclear weapons are insurance policies against globalist "regime change." Generally, once you get the nukes, the US backs off. If Iran gets the bomb, it nullifies a lot of US threats and it becomes far more difficult for Israel to run roughshod over Palestine/Lebanon as it has for over three decades. It tilts the political landscape considerably and Mr. Netanyahoo can't have that.

Wed, 02/22/2012 - 05:00 | 2184029 Michael
Michael's picture

This is typical of Israeli psychosis:

For my part I say I can tolerate a lot, and I think diplomacy has to have it's day, carrot and stick, but I also say Iran cannot be allowed to have nuclear weapons in any circumstances and no matter what it takes they must give up on that goal.  If this be the end of humanity then so be it, but if Iran gets the bomb humanity will wish that we had stopped them, for a short while till those dirty bastards use them.

You are basing starting Nuclear WW3 on a hypothetical situation.

This is what I mean by psychotic.

That's sort of the essence of th e precautionary principal policy.

The Precautionary Principle Who Benefits?

http://www.youtube.com/watch?v=4GIkWuuq45I

Wed, 02/22/2012 - 05:09 | 2184073 Michael
Michael's picture

What if Jesus(Joshua) was just a man, touched by God a bit,  who had to qualify to enter the Kingdom of Heaven just like everyone else?

Not everyone qualifies.

Wed, 02/22/2012 - 05:07 | 2184072 i-dog
i-dog's picture

 

"no matter what it takes they must give up on that goal. If this be the end of humanity then so be it"

Wow ... You are one sick fuck!!

Humanity desperately needs your DNA strain to die out.

Wed, 02/22/2012 - 07:47 | 2184151 my puppy for prez
my puppy for prez's picture

So we start global thermo-nuclear war to PREVENT nuclear war?    lol

Doesn't get much more whack than that!

Now, back tot he Ministry of Truth with ya!

Wed, 02/22/2012 - 10:54 | 2184696 jawbone
jawbone's picture

Let's see: Iran is a nation which has not undertaken aggressive military actions against another nation in about 200 years.  Yeah, that's two centuries.

Israel and the USA? Both have barely stopped taking aggressive military action since WWII ended.

And you're so worried about Iran?

Real logical.

 

 

 

Wed, 02/22/2012 - 05:08 | 2184074 sessinpo
sessinpo's picture

The most recent analysis is that Israel has 200. Don't know why you even need that many though. Certainly 50 or so should be a deterrent. The nuclear fallout of several hundred missiles detonating in the middle east would make it all a waste land.

Wed, 02/22/2012 - 05:49 | 2184090 mick_richfield
mick_richfield's picture

Oh, I don't think all of those weapons are still in the Middle East, do you?

Wed, 02/22/2012 - 08:33 | 2184184 kralizec
kralizec's picture

Yeah, but Israel won't nuke Lake Jackson, TX, Iran just might, dumbass!

Wed, 02/22/2012 - 10:10 | 2184434 Silver Dreamer
Silver Dreamer's picture

A crude North Korean or Pakistani device could be used on US soil too, but that hasn't happened.  Wake up.  We have more chance of a nuclear false flag than a real attack.

Wed, 02/22/2012 - 19:14 | 2186889 hoos bin pharteen
hoos bin pharteen's picture

As a non-signatory to the NPT, Israel is within their legal right to refuse said inspections.  So who's worse, a non-signatory or a signatory that repeatedly looks forward to the death of millions in atomic fire?

Wed, 02/22/2012 - 00:42 | 2183435 StormShadow
StormShadow's picture

Are those Israeli fighter jets I hear starting their engines?

 

Wed, 02/22/2012 - 00:44 | 2183441 ekm
ekm's picture

Those for sure, but those can just destroy airplanes. Based on the description the Leon Pannetta made of the bomb, it would take a B52 to carry it. I don't know if Israel has any B52s. Or any other cargo plane that is built but is secret.

Wed, 02/22/2012 - 02:15 | 2183620 HungrySeagull
HungrySeagull's picture

Google Atomic Cannon.

It can deliver a Nuclear strike some miles away. They are not that big.

Wed, 02/22/2012 - 02:47 | 2183657 Dave Thomas
Dave Thomas's picture

Google Gerald Bull, I wonder who got them cannon plans! Yikes!

Wed, 02/22/2012 - 01:16 | 2183531 longdong silver
longdong silver's picture

pump up the jam..

Not enough depleted uranium flying around the world atmosphere yet.

new world order wants everyone deformed or dead. Just like they are.

Wed, 02/22/2012 - 01:36 | 2183562 The Big Ching-aso
The Big Ching-aso's picture

 

 

"When do we start WWIII, General?"

"When I give the command."

"If I may respectfully inquire when do you think that'll be, sir?"

"As soon as myself and family are safely ensconced deep in the bowels of Cheyenne Mountain."

Wed, 02/22/2012 - 02:17 | 2183623 HungrySeagull
HungrySeagull's picture

Cheyenne is a great place, but is obsolete because Soviet Penetrators can get into the rock followed by the Nuke.

Wed, 02/22/2012 - 02:21 | 2183629 The Big Ching-aso
The Big Ching-aso's picture

 

 

So what you're telling me then is that the only safe place in the event of a nuke strike is underneath Keith Richards?

Wed, 02/22/2012 - 02:49 | 2183661 Dave Thomas
Dave Thomas's picture

No it's in a place no one cares about.

http://www.youtube.com/watch?v=Ny4a-oxOndo

Wed, 02/22/2012 - 08:06 | 2184158 10mm
10mm's picture

Where ever Cher is,Tony Bennett,Dick Clark and Betty White.Hang out with that crew.

Wed, 02/22/2012 - 08:50 | 2184205 trilliontroll
trilliontroll's picture
Dr. Strangelove (1964) - War Room Scene

 

 

http://www.youtube.com/watch?v=vuP6KbIsNK4

dr. strangelove - survival plan

http://www.youtube.com/watch?v=iesXUFOlWC0&feature=fvsr

wing attack plan r

http://www.youtube.com/watch?v=p-KIAsuoMAQ&feature=related

DOWN WITH DEFCON !

 

Wed, 02/22/2012 - 09:24 | 2184266 General Decline
General Decline's picture

"Not enough depleted uranium flying around the world atmosphere yet."

That's a detail a haven't figured out. They exist in the same atmosphere as the rest of us. Correct? Or do they?

Wed, 02/22/2012 - 08:12 | 2184170 battle axe
battle axe's picture

We have no money for this SHIT!!!!

Wed, 02/22/2012 - 00:02 | 2183339 Death and Gravity
Death and Gravity's picture

So, once the war cometh, apart from crude futures, what asset classes will be a good idea to hold?

Wed, 02/22/2012 - 00:04 | 2183347 ekm
ekm's picture

Wrong. The war comes. Iran can't export crude except for to few countries that will negotiate much lower prices, hence crude prices will go lower. That would cascade all the current hoarded crude oil into the market. Unless for daily trading, crude oil is not an asset for safety.

Wed, 02/22/2012 - 00:10 | 2183361 Max Hunter
Max Hunter's picture

Iran can't export crude except for to few countries that will negotiate much lower prices, hence crude prices will go lower

Yeah.. you keep telling yourself that.. click your heels 3 times while you say it.. maybe it will come true..

Wed, 02/22/2012 - 00:16 | 2183377 ekm
ekm's picture

It's been 4 years I've followed crude oil every single day, few hours a day. I am addicted to geo politics. I have a lot of disposable time.

Unless one spends countless hours and days on it, it's true, it sounds unbelievable. But, sir, it's true what I'm saying.

Wed, 02/22/2012 - 00:30 | 2183405 Dasa Slooofoot
Dasa Slooofoot's picture

What about that Strait of something or the other...

You know, the one where 20% of the world's oil passes? 

Think some disruptions in that will make prices rise? 

Do NOT follow this link or you will be banned from the site!