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US Withdraws From Iran Nuclear Deal

From the archives of sprott money news

May 9,2018

Life comes at you fast.

Just a few short weeks ago, I wrote about the historic movement by North Korea toward peace talks and nuclear disarmament—a move that shocked many who claimed it could never happen.

In that article, I also made my next predication, that Iran would be President Trump’s next target of intense pressure, similar to that used against the once-thought-of as "out of control" North Korea.

Yet, never in my wildest dreams did I think this prediction would already be unfolding. I assumed this would take time. Months, at the very least.

In typical Trump fashion, he has bull-headedly charged into the next negotiation talks before even the dust has settled around the North Korea situation. This has turned the MSM into a frenzied bunch of " chicken littles ", proclaiming that the sky is ONCE AGAIN falling.

Of course it isn't.

The MSM is once again discrediting themselves as they enter into this hyperbolic state. They are going to be proven—as they have time and again—to be absolutely wrong.

Last week, President Trump began the first steps of his "art of the deal", where he goes straight to the extremes to kick-start his negotiations. It’s a tactic he has used repeatedly, and which the MSM and his political opponents appear unable to grasp—despite his literally writing the book on it.

In this step, he struck down one of Obama's trademark negotiations, the "Iran Nuclear Deal", which allowed Iran to continue developing their nuclear program with some slight stipulations, such as not being allowed to use that development toward producing weapons.

Obviously, this was considered by many to be an incredibly soft approach. Among the opposition was President Trump, who called the deal "disastrous" and pointed out its many loopholes and flaws—ones that would allow Iran to easily acquire functional nuclear weapons if they so desired.

Meanwhile, as the New York Times exposed in 2016, the U.S. government was secretly funneling money to Iran behind closed doors.

For decades, this same approach was tried with North Korea, resulting in their acquisition of functional nuclear weapons. Proving that this approach simply doesn't work.

The next step in Trump’s plan was also taken. He stated that he is "open" to negotiations, but on better terms. This is a similar strategy to the one he used against North Korea, and one that has now proven successful.

He will continue to curtail his demands now, unfolding the "art of the deal" as he makes his enemies feel like they are gaining a victory with each step they make, while at the same time, getting them closer to the desired goal he intended to settle upon all along.

Still, in the short term, we will have to bear witness to the MSM screaming to the masses that the sky is falling—and repeating history all over again.

To those asleep, they will witness this as if for the first time, as they always do. They will be frightened for months to come, under the assumption that this is honest, accurate reporting and not the tabloid journalism that the MSM has now morphed into.

For those awake, continue to pay attention to the facts. As always, do your own research, dig for the truth and look past the noise.

The truth is still out there, even if it is buried six feet under.


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About the Author

Nathan McDonald is a libertarian, entrepreneur and precious metals enthusiast. He has always taken a keen interest in free markets and economics since an early age, which naturally led him to become a true believer in precious metals and all that they stand for.

Nathan served eight years in the Royal Canadian Navy as an electronics technician, seeing the true state of the world, before starting his first successful business. He has since gone on to create a number of businesses, all of which are still in operation and growing.

In addition to this, Nathan runs a network of successful precious metals blogs, and a growing newsletter that has attracted readers from all around the world. He is a regular and highlighted writer for the highly respected Sprott Money Blog, which covers world events, geopolitics and of course precious metals.

*The author is not affiliated with, endorsed or sponsored by Sprott Money Ltd. The views and opinions expressed in this material are those of the author or guest speaker, are subject to change and may not necessarily reflect the opinions of Sprott Money Ltd. Sprott Money does not guarantee the accuracy, completeness, timeliness and reliability of the information or any results from its use.