Ben Turney today suggested that US intervention in Iraq would see Isis beaten back and is thus an opportunity to buy Gulf Keystone (GKP) and Genel. He cites some curious examples to back this thesis up.
You can read Ben’s piece HERE and my piece over the weekend explaining why Kurd oil stocks are a sell HERE.
Where Ben is mistaken is in thinking that we will see prolonged US involvement. Obama does not want that. Sure the Islamofascists may be driven out of Kurdistan pro tem. But they will simply retreat to Sunni dominated area of Iraq where ISIS is popular and to Syria where the US WILL NOT pursue them. And the Kurds will not advance into hostile territory so ISIS will regroup in safety.
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