Iran Puts the Screws to Europe

A reader questions if guns are the answer to school shootings:

“I still cannot fathom the fascination Americans have with firearms and when something terrible happens (such as a shooting). They right away say, ‘let them carry guns for protection.’ But in reply to one of the comments that teachers should carry guns…please, let teachers be teachers.

“Teachers shouldn’t have to take on an extra responsibility to what they have, especially knowing they are underpaid. If people are worried about school shootings, schools should hire security officers to patrol school grounds.

“Let teachers be teachers and law enforcement be law enforcement.”

In counterpoint, a reader says:

“Count to 20 seconds and tell me that’s not an eternity while the police stand by and kids are being mowed down. That’s more than inaction — that’s criminal!”

And we get a reader’s take on Sen. Elizabeth Warren’s plan for student loan forgiveness:

“Let’s get government out of the college and college financing business. However, since the damage is done, I have long thought that if we are going to spend money on stimulus, forgiving college debt is the way to go.

“Warren’s idea about freeing people from that debt burden is correct in my opinion and would be a great bottom-up boost for the real economy.”

Thank you for your time.

Your Rundown for Monday, June 17, 2019:

Iran Goes Atomic

Iran’s deal with Europe — a deal that sets limits to Iran’s stockpile of enriched uranium — is scheduled to expire Jun. 27. In light of which, Iran’s putting the screws to Europe to end run U.S. oil sanctions.

Enriched uranium can be used to fuel nuclear reactors… or for more nefarious purposes. And it’s an open secret from Iran’s energy agency that the country’s already quadrupled enriched uranium production but says there’s “still time” for Europe to strike another deal for restrictions, granting a 60-day extension to their original agreement.

“There is still time for the Europeans,” says Iran’s energy secretary. “But the Europeans have expressed indirectly their inability to act. They should not think that after 60 days, they will have another 60-day opportunity.”

The BBC reports: “The UK, France and Germany have warned Iran not to violate the deal.

“They have… said they will have no choice but to reimpose their own sanctions, which were lifted in return for limits on the Iranian nuclear programme.”

While Iran’s war of words with Europe seems to be a battle by proxy for now, “many fear that Washington and Tehran are on the verge of a military clash and that miscalculation could tip them over the edge.”

Do you think the U.S. and Iran are inching closer to all out war?

Market Rundown for Mon. June 17, 2019

S&P 500 futures are up 4 points to 2,890.

Oil is down 46 cents to $52.05 for a barrel of West Texas crude.

Gold is up $2.00 to $1,346.50 per ounce.

Bitcoin’s up $311.54 to $9,290.54.

Have a good day. We’ll talk tomorrow.

For the Rundown,

Aaron Gentzler

Aaron Gentzler

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Aaron Gentzler

Aaron Gentzler is the publisher of Seven Figure Publishing. He is also the editor of The Rundown and has been with Agora Financial / Seven Figure Publishing since 2005. He's been covering technology and markets for over a decade.

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