Yesterday the market seemed to react to reports of increased cross border attacks by Syria in Turkey and Lebanon. There were rumors that Turkey requested aide from NATO to help it deal with its neighbor, so intent on killing its own citizens it would attack sovereign nations. Thousands of refugees have poured into Turkey and Lebanon, fleeing the bloodthirsty dictator Assad.
Apparently, there is more talk that America is inches away from going to war in Syria. I do find it interesting that Turkey would need help from NATO, although it could be a gambit of sorts to see how much the organization has its back, especially after Turkey played such a big role in the invasion of Libya. This situation isn't going to lead to a global conflict, but talk about feeling Déjà vu.
In September 1911, Italy declared war on the Ottoman Empire with an eye on grabbing several provinces in what is modern day Libya. According to Erik Sass, the Italians realized they would have to pressure the Ottoman Turks near their capital of Constantinople.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for January 30th, 2014 | John Ransom
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for January 26th, 2014 | John Ransom