Steven Saville·2026-06-22·via All Articles on Seeking Alpha
Summary
Assuming that the US-Iran Memorandum of Understanding remains in effect and the Strait of Hormuz reopens as agreed, the prices of equities, industrial metals and gold could have an upward bias for a few more weeks.
With regard to industrial commodities, our concern is solely about the short term, because much higher prices remain likely over the coming 1-2 years.
The greater the amount of trade with Iran and the more that foreign companies/investors are involved in Iran’s reconstruction, the lower the probability of another war.
Khanchit Khirisutchalual/iStock via Getty Images
Editor's Note: Originally published at tsi-blog.com on June 22, 2026
[This blog post is a slightly modified excerpt from a commentary published at https://speculative-investor.com/ last week]
Assuming that the US-Iran Memorandum of Understanding (MOU) remains in
