Sarkozy Reminds Market Of Geopolitics, Says Iran Nuclear Program "Serious And Urgent Threat"

Tyler Durden's picture

Luckily the market is all stable and stuff and can handle the prospect of a potential Iran war.


Now where is that weekly US naval update...

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Racer's picture

Oh here we go, threat of danger and war to take the sheeple's minds off the real problems in their own house

Robot Traders Mom's picture

Bingo. Even if that wasn't the case (which it most definitely is), Sarkozy and everyone else need to get their own lives in order first.

CharlieSDT's picture

Yesterday I came on this newspaper article that I thought I’d share with you (my translation from the French):


"In full economic crisis, as government scrapes to find missing billions, the price per night of French President Nicolas Sarcozy’s suite in Cannes last week for the G20 summit is a little provocative. Because Sarcozy is a little bitch who doesn’t give a shit about his people or their money, he decided to rent a 37,000 Euro per night suite in order to have a comfortable place to fuck hookers provided by lobbyists, drink expensive wine, and suck banker dick. Are you even surprised at how much of a “Fuck you!” this is to regular people who he is forcing to swallow the austerity pill so his rich friends don’t lose too much money?"


The article goes on to list the per night costs of a few other G-20 leaders’ suites:


Obama: 35,000 Euros

Italy’s Berlusconi: 29,000 Euros.

China’s Hu Jintao: a very thrifty 11,600 Euros ($16,000) per night.


And, there you have it. Nicolas Sarcozy is first among the assholes of the G20. Congratulations, Nic! You wasted to most of your broke-ass country’s money!

Piranhanoia's picture

Why diss a squirrel?  They collect nuts, plant trees, and don't bother anyone.  They don't rent hotel rooms either.

sqz's picture

I am not dissing anything. It is a well-known meme for ultimate distraction popularized by Disney Pixar movie, UP!

See here:

DoChenRollingBearing's picture

Nice find, + 1.

Here's a clip:

"DEBKAfile's military sources note that Russia and America adopted aggressive postures on Nov. 12, when two American carriers, the USS Bush and USS Stennis sailed through the Strait of Hormuz side by side and took up position opposite the Iranian coast.

That was also the day when a mysterious explosion at the Revolutionary Guards base near Tehran wiped out the entire leadership of Iran's ballistic missile program."

The latter sentence is of interest...

mediaprizm's picture

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Ghordius's picture

I agree, squirrel!

since I disagree with most comments I'll have to repost from further below:

Iran's oil is needed in China, where a lot of Western Capital is invested, including all the production machinery that left the USA through Mexico. Iran's oil is therefore needed for the Chinese products exported to the West.

What I want to say is that Iran is, IMHO, just a good reason for the Military Industrial Complex to keep selling arms.


GolfHatesMe's picture

Of course if Mrs. O had gone, our costs would have at least doubled. 

JohnG's picture

Just for the food alone.

DoChenRollingBearing's picture

+ 1 Charlie, good reporting!

And yet Sarkozy was saying to Obama that he found Netanyahu tiresome (or similar).  War with Iran would indeed get people's minds off the financial crisis for now, but would lead to a monster load of other problems (start by cutting of oil shipments throught the Starits of Hormuz, at least for a while).

If war comes, it will be a air and maybe sea war.  No way a land war, except for maybe Special Forces kind of stuff.

If war comes, my guess is that it would crush the markets, except perhaps domestic oil companies and weapons manufcaturers.

Shameful's picture

True it would cause economic problems, but people are willing to put up with all manner of deprivations in the name of a war.  The masses will rally around their leaders, just or unjust.  Then it provides a handy scapegoat.  "The economy was just about to recover then __________ did ____________ and now we are in a war, so it's all ________________'s fault"  It's kinda like mad libs.

Ghordius's picture

it's all ________________'s fault"!!
it's all ________________'s fault"!!

Ghordius's picture

Don't care, just give me a scapegoat!

Hang him!

Shameful's picture

Glad you guys posted links here, your site is quite amusing.  And now have the idea to rent a furnished apartment next time I go overseas.  Only wish you guys would post more!

CharlieSDT's picture

I wish we had more time, but these days we're super busy covering our asses ahead of this meltdown.  Hope to be at it more soon.

Shameful's picture

Didn't mean it as a demand at all, Lord knows the world is going to pot and everyone's got to batten down the hatches.  Appreciate you guys posting your experiences.  After all a lot of us Americans have pretty limited experience with being overseas.  You were right about Riga, been dreaming of going back and I just did a rushed trip through there. 

One thing I would like to see more on is the dealing of physical PMs with the single dude travel lifestyle.  Normally the idea of those holding physical are instead hunkering down.  Shit I'm a big guy and have been busting my ass to get in shape and I wouldn't like to carry my silver overland for any meaningful distance.  So how do you guys take care of that?

Socratic Dog's picture

That was brought up in a comment stream yesterday.  "Don't" is the short answer.  Gold has a much better value to weight ratio, meaning, its more portable.  About 55X more portable, on present values.

DoChenRollingBearing's picture

@ Shameful,

Good seeing you around.  Riga?  Maybe for visiting, but it is in a BAD neighborhood.

I suppose there is a push/pull: single dude travel vs. holding a large amount of PMs.  I could see that as a tough choice!  IF we move (to Peru) it would be as a one time deal, and yes, we would take our gold with us and sell the silver first.  Wire transfer out whatever we could as well.

Shameful's picture

Been reading, just not to much to add to the discussion.  Pretty common knowledge here what is going on.  Those that want to know what is happening will find out.

Oh don't doubt Latvia would be in a bad way if a war broke out, but most places would.  I suppose South America might be semi untouched by conflict but who knows.  I've just been looking at job opportunities and hedging my collapse bets.  At this point got a promising offer but still dickering about money and something else on the back burner which would get me out of the states.  Seeing what opportunities are out there.

You guys are right about dumping the silver, just loathe to do that.  Seen great gains, but expect to see even more.  But my wealth in gold would be pretty damn easy to move...and probably demoralizing "All my net worth is this little pile?".  So if I go mobile I guess it would be all in on gold.

kaa1016's picture

Remember, this is the same guy who called "Qaddaffi" a threat to the global financial system in the months before the "revolution" lead by Libyan "rebels". Get ready!!!

fonestar's picture

If Gaddaffi had plans to release a Gold Dinar, Sarkozy was probably right.


Wagers on Hugo Salinas Price being taken out in a Predator drone attack next?

Max Hunter's picture

Unfortunately, I fear they will need a false flag operation to sell this one..  Prepare accordingly..

earleflorida's picture

and buy some cemetery plots at the nearest crematorium [?], while your at it! 

ps. i ain't no senators son -CCR 'Fortunate Son'

Pitchman's picture

Everything is under control.

9/11 “patriotism” has mutated into blood lust. Sick, sick world.

- The Disappearance of Chivalry - George Santayana & Murder By Joystick

"There are no parasites as vile, insidious and cold as the Bankers.  They are the original Satanist.  Stop the bankers and you stop the wars, you stop the poverty, you stop the inequality.  You stop every evil financed by them and they are considerable.... It's a wonderful irony that those who have spent a lifetime putting others into debt are now going to find themselves very very deeply in debt."

... Red Alert - Protect IP SOPA Bills Would KILL Alternative Media & Internet As We Know It!

The Forces of the Last Gasp, on Meat Street. & Operation Blackout  
MF Global is a fractal in a frying pan.





Ima anal sphincter's picture

"There are no parasites as vile, insidious and cold as the Bankers"

Choice words Pitchman. I'd add a few to that list, but this is a family show. None of them would be pretty.

dereksatkinson's picture

Well.. it would be very hard to justify a credit downgrade if we are engaged in a massive war.  Note how the French are banging the war drums this time?

The whole confiscation of Iranian assets is nice too..


According to the French president's office, France plans new sanctions on unprecedented scale against Iran

- France proposes to EU, US, Japan and Canada to Freeze Iran Central bank’s assets.
- France proposes to stop buying Iranian oil.

DoChenRollingBearing's picture

+ 1 derek!

Funny how FRANCE is pushing war and the other measures.  Not buying Iranian oil means nothing as oil is so fungible, it would just go elsewhere.

Mark123's picture

Europe's banks need more oil to bail them out.  Libya was not nearly enough.


Sarkozy = bankers


oh, and I heard there is a rumor that Israel might be developing the technology to develop nuclear weapons.  Also, another rumor that USA was behind a military invasion of Iraq.  Just rumors mind you.

i-dog's picture


"Sarkozy = bankers"

Sarkozy's brother, Olivier Sarkozy, is Managing Director and Head of the Global Financial Services Group at The Carlyle Group. Small world!

JR's picture

Israel had, in early 2010, 600 nuclear-tipped missiles at a minimum.  Read this from Justin Raimondo,

“The irony of the Israeli push to sanction and threaten Iran over its alleged nuclear weapons program – a program, by the way, which our own intelligence community believes was abandoned in 2003 – is that it has focused unwanted attention on the one country in the region which already has nukes: Israel. With 600 nuclear-tipped missiles, at a minimum, armed and aimed at god-knows-who, Israel has stubbornly refused to even acknowledge the existence of such a formidable arsenal. There is a certain hollow ring to the outrage of Israeli leaders as they accuse Iran of violating the terms of a treaty Israel has steadfastly refused to sign…

Israel has spent the last few years claiming Iran’s alleged pursuit of nukes represents an ‘existential threat,’ but what will they say to a proposal for general and complete nuclear disarmament? If the threat were real, they’d agree immediately. Since there is no such threat, however, existential or otherwise, and since in reality the threat comes from nuclear-armed Israel, and not (as yet) Iran, the Israelis have absolutely no interest in giving up their nuclear trump card. After all, they may have to play it some day…  – Justin Raimondo, A Realistic Breakthrough, May 2, 2010

Buck Johnson's picture

Bingo, because they know the crap is about to hit the fan and they are doing everything to blame it on someone else. 

GeneMarchbanks's picture

Fuckin' Sark!

This is just sad, pardon me but I have to go bold here...

Have we become that dumbed down?

 Congratulations Nicolas there is now somebody I hate more than Jon Corzine.

Ese Pinche's picture

Nuclear Fallout Bitchez

Ancona's picture

What's that?? No, our markets are just fine......Hey! Look over there!


the not so mighty maximiza's picture

We are all broke with bad leaders and bad voters, so lets start a war.

SheepDog-One's picture

Uh, yea can we light off this nuclear world war please? We politicians are taking a lot of heat here and need a big diversion, fast!

nonclaim's picture

There's a smell of blood in Europe that attracts old time foes that would love to grab a piece off. Yes, there's plenty of rhetoric and diversion but also some truth and danger here and there...

Bansters-in-my- feces's picture

Fuck you SarHozy....

You little fucking weasel