Lunchtime Links 6-23
IAF planes spotted in Saudi Arabia (Jerusalem Post, ht Jim Rickards) The Saudis hate the idea of the Persian bomb every bit as much as the Israelis. They’ve given Israel flyover rights to take out Iranian nuclear facilities. If Israel attacks, that could send oil and gold skyrocketing.
Buffett wins bet on World Cup (Frye/Son, Bloomberg) Berkshire Hathaway had written an insurance policy that would have paid out if France won the cup. Among the favorites going in, France turned out to be one of the worst performers in the tournament.
Mortgage purchase applications at 13 year low (CR) Lots of demand was pulled forward by the tax credit.
CHART — Technically, the S&P 500 doesn’t look so good (Culp, Reuters)
Blankfein on Oprah? (NY Post) Awkward! And probably not gonna happen. Speaking of Oprah….
Is she rigging the vote in her reality TV contest? (HuffPo) Screenshot evidence?
BP brings the big gun: Bob Dudley (Mason, Telegraph) Having faced down Russian oligarchs, one would think Dudley can handle the stressful situation he’s about to get into…
Spill, from space (Discover Mag) This never gets old…