In this paper, we investigate the hyperbolic Anderson equation generated by a time-independent Gaussian noise with two objectives: The solvability and intermittency. First, we prove that Dalang's condition is necessary and sufficient for existence of the solution. Second, we establish the precise long time and high moment asymptotics for the solution under the usual homogeneity assumption of the covariance of the Gaussian noise. Our approach is fundamentally different from the ones existing in literature. The main contributions in our approach include the representation of Stratonovich moment under Laplace transform via the moments of the Brownian motions in Gaussian potentials and some large deviation skills developed in dealing effectively with the Stratonovich chaos expansion.