Potential for War With Iran—and the Financial Shockwaves That Could Follow

International Man: Tensions between the US and Iran over Tehran’s nuclear ambitions are reaching a boiling point.

How likely is it that this long-simmering standoff erupts into a full-scale war?

Doug Casey: Iran has been an adversary of the US ever since the overthrow of the Shah in 1979 and the capture of the US Embassy.

It’s unlikely to get better anytime soon, not least because the country is ruled by mullahs, Shia clergy. Iran is a theocracy. And that leads us to another problem. So is Israe...