Between Iran and Israel now. We at the moment chose to stay from this war. But what do you do in progress between Iran and Israel? How bad does it get Global Markets also in terms of crude?
Richard Harris: Well, first of all, the matter of Israel, the Israelites asked for it for a long time. Trump has already been tried to try that they will not attract. They clearly opposed his counsel and the Americans today obviously to avoid any attacks against places, but they explained that they were not involved.
So, Iran if they looked at revenge, they were really looking at Israel. Now, it can be clear in the terms of the drone class that they have been trying to do before, but the defenses of Israel are strong there or in terms of terrorist attacks in other areas. It increases the uncertainty to the world. It increases the uncertainty to the market and actually Trump is likely to feel slightly grilled that Israel may not follow his counsel.
What do you think about the markets except crude because what you see now, of course, is a reaction to the knee. Most global markets scales an all-time peak, perhaps looking for a reason to take the income, but do you feel we can still add?
Richard Harris: Yes, I mean we see a very good recovery in the markets of many. I mean, Europe because it’s a Divienfier in the US, US because we actually have Trade Trade with many US development prices. Now we are in a stage where good repair markets are where Trump begins, that is actually an important sign. But we are more dangerous.
Unemployment is not very good than before. Growth looks less well than this. We’ve got the end of the July deadline on the 9th for tariffs to return to the line. So, we have many things to come here and we are at risk for some events, maybe this is the event of Israel, but if this is the case it is so good, that’s enough. We have enough. Markets are very quick and just waiting for an unknown unknown event to be unrefined.
What happens to inflow in cash in a case like this? I mean, this is not the first time we have two countries to fight with it. We saw that since Russia-Ukraine, so Israel and Gaza and now Iran. We see that in India again with our own neighbor. But does the money impact all or your mind clearly restricted to tariffs and what comes it?
Richard Harris: We see many issues in the past few years and react to markets. It takes a day or to react and then they will return. Today, we never know what is happening. But markets are a bit immune if you want a number of these reasons. They survived two major wars. They survive all issues with trump and tariff issues and they also sell a reasonable level.
Bull Dique Markets die. I hope this will end up with someone who is more likely to disappear in the next two to three weeks. Maybe wrong, but I think the possibilities like that. I think an increase can be when Iranians decide to see if they can choke oil deliveries from the world and the Americans who see this part of the divine mission to continue opening the Gulf.
So, I think that when you look at oil prices, they’re likely to get easier because you get different factors involved. But at the end of the day, the US will look at this opening, if that causes a secondary dispute between the US and Iran, which may occur at a low level.
Is the most obvious trading today may continue ahead and buy gold because in the morning today Gold is already all of the time over 1.5%.
Richard Harris: Well, the gold flavor of the moon, isn’t it, and the dollar it is usually looking, but because we have a full issue with a dollar dollar, I think less successful. Of course, the other thing for those who actually believe it is Bitcoin, which will make the crypttos well in this environment. Crypto actually focuses on equity market. So, they go out, but in the short term they can see as a gold replacement, but gold in my mind as important causes that people look.