{"id":44581,"date":"2023-10-09T23:09:32","date_gmt":"2023-10-09T23:09:32","guid":{"rendered":"https:\/\/thepatientinvestor.com\/?p=44581"},"modified":"2023-11-30T01:56:45","modified_gmt":"2023-11-30T01:56:45","slug":"thoughts-on-israel","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/09\/thoughts-on-israel\/","title":{"rendered":"Thoughts on Israel"},"content":{"rendered":"<p>We express our sympathy for the people of Israel who have suffered a brutal attack from HAMAS and its backers.<\/p>\n<p>An act of such barbarity is bound to evoke a response and lead to further escalation of violence in the region. But that seems to be the intention.<\/p>\n<p>Martin Indyk, former US Ambassador to Israel (1995-1997 and 2000-2001) and special envoy under President Obama for Israeli-Palestinian negotiations (2013-2014), was asked why this occurred now, after progress seemed to be made on an Israel-Palestine settlement:<\/p>\n<blockquote><p>I think you have to consider the context at this moment. The Arab world is coming to terms with Israel. Saudi Arabia is talking about normalizing relations with Israel. As part of that potential deal, the United States is pressing Israel to make concessions to the Palestinian Authority\u2014Hamas\u2019s enemy. So this was an opportunity for Hamas and its Iranian backers to disrupt the whole process, which I think in retrospect was deeply threatening to both of them. I don\u2019t think that Hamas follows dictation from Iran, but I do think they act in coordination, and they had a common interest in disrupting the progress that was underway and that was gaining a lot of support among Arab populations. The idea was to embarrass those Arab leaders who have made peace with Israel, or who might do so, and to prove that Hamas and Iran are the ones who are able to inflict military defeat on Israel.<\/p>\n<p>There are talks going on regarding a peace deal between Israel and Saudi Arabia, and conversations about U.S. security guarantees for Saudi Arabia. In all likelihood, a primary motivation for Hamas and Iran was a desire to disrupt that deal, because it threatened to isolate them. And this was a very good way to destroy its prospects, at least in the near term. Once the Palestinian issue returns to front and center, and Arabs around the Middle East are watching American weapons in Israeli hands killing large numbers of Palestinians, that will ignite a very strong reaction&#8230;.<\/p>\n<p>&#8230;.And in terms of escalation, the party to watch most closely is Hezbollah. If the Palestinian death toll rises, Hezbollah will be tempted to join the fray. They have 150,000 rockets they can rain down on Israel\u2019s main cities, and that will lead to an all-out war not just in Gaza but in Lebanon, too. And everybody would get dragged in that situation. (<a href=\"https:\/\/www.foreignaffairs.com\/middle-east\/martin-indyk-why-hamas-attacked-and-why-israel-was-taken-surprise\">Foreign Affairs<\/a>)<\/p><\/blockquote>\n<h2>Conclusion<\/h2>\n<p>The aim of the attack was to provoke a violent retaliation which would disrupt an Arab-Israeli peace accord.<br \/>\nStarting another war would play into the perpetrator&#8217;s hands.<br \/>\nNetanyahu prides himself on being cautious. Now is the time to show restraint, bolster Israel&#8217;s defenses and continue to pursue peace in the region &#8212; which would sideline HAMAS and its Iranian backers.<\/p>\n<div class=\"content_block\" id=\"custom_post_widget-44827\"><p><!-- AD START --><\/p>\n<div id=\"pi-ad\">\n<div id=\"pi-ad-hd\">Save 50% on an Annual Subscription.<\/div>\n<div id=\"pi-ad-content\">\n<div id=\"pi-ad-logo\" align=\"center\">\n<div><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/pan\/images\/patient-investor\/patient-investor-logo-2020-10-17.jpg?w=525&#038;ssl=1\" alt=\"\" \/><\/div>\n<div>the patient investor<\/div>\n<\/div>\n<div id=\"pi-ad-offer\" align=\"center\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/subscribe\/special-offer-market-analysis-3\" target=\"_blank\" rel=\"noopener\"><span style=\"\">Colin Twiggs\u2019 newsletter offers weekly coverage of financial markets and the economy \u2013 including macro trends, key sectors, energy and precious metals.<\/span><span style=\"\">Save&nbsp;50% on a new annual subscription to Market Analysis (normal price: $195 AUD or $145 USD). <span style=\"\">This subscription may be tax deductible &#8211; ask your accountant.<\/span> <\/span><span id=\"pi-ad-button\">Save Now &gt;<\/span><span style=\"\"><span style=\"white-space:nowrap;\">Offer valid until<\/span> midnight <span style=\"white-space:nowrap;\">September 15, 2025<\/span>. <span style=\"white-space:nowrap;\">New subscribers only.<\/span><\/span><\/a><\/div>\n<\/div>\n<\/div>\n<p><!-- AD END --><\/p>\n<p><!--\nGeneral Ad:\n\n\n<div id=\"pi-ad-hd\">This may be the best investment you make this year.<\/div>\n\n\n\n\n<div id=\"pi-ad-content\">\n\n\n<div id=\"pi-ad-logo\" align=\"center\">\n\n\n<div><img decoding=\"async\" src=\"https:\/\/www.incrediblecharts.com\/pan\/images\/patient-investor\/patient-investor-logo-2020-10-17.jpg\" alt=\"\"><\/div>\n\n\n\n\n<div>the patient investor<\/div>\n\n\n<\/div>\n\n\n\n\n<div id=\"pi-ad-offer\" align=\"center\"><a target=\"_blank\" href=\"https:\/\/thepatientinvestor.com\/index.php\/subscribe\/special-offer-market-analysis\/\" rel=\"noopener\"><span style=\"\">Market Analysis newsletter offers weekly coverage of financial markets and the economy \u2013\u00a0including macro trends, key sectors, energy and precious metals.<\/span><span style=\"\">Take advantage of our <u>$1 special<\/u>. New subscribers only. <\/span><span id=\"pi-ad-button\">Save Now &gt;<\/span><\/a><\/div>\n\n\n<\/div>\n\n\nBlackFriday2023:\n\n\n<div id=\"pi-ad-hd\">Save $95\u00a0AUD (or $70 USD) on a Market Analysis subscription.<\/div>\n\n\n\n\n<div id=\"pi-ad-offer\" align=\"center\"><a target=\"_blank\" href=\"https:\/\/thepatientinvestor.com\/index.php\/subscribe\/special-offer-market-analysis-3\/\" rel=\"noopener\"><span style=\"\">Market Analysis newsletter offers weekly coverage of financial markets and the economy \u2013\u00a0including macro trends, key sectors, energy and precious metals.<\/span><span style=\"\">Save on a new Market Analysis annual subscription. <span class=\"nowrap\">Offer extended until December 4, 2023<\/span>.<\/span><span id=\"pi-ad-button\">Save Now &gt;<\/span><\/a><\/div>\n\n\n<span style=\"\">Take advantage of our exclusive <span style=\"text-decoration:underline;color:#215468;\">Black Friday special<\/span>: save\u00a0$95 ($70\u00a0USD) on a new subscription. <span class=\"nowrap\">Offer expires November 24, 2023<\/span>.<\/span>\n--><\/p>\n<\/div><!-- id=44827-->\n","protected":false},"excerpt":{"rendered":"<p>We express our sympathy for the people of Israel who have suffered a brutal attack from HAMAS and its backers. An act of such barbarity is bound to evoke a response and lead to further escalation of violence in the region. But that seems to be the intention. Martin Indyk, former US Ambassador to Israel &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/09\/thoughts-on-israel\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Thoughts on Israel&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[19,29],"tags":[1640,1918,6128],"class_list":["post-44581","post","type-post","status-publish","format-standard","hentry","category-middle-east","category-the-big-picture","tag-hamas","tag-israel","tag-martin-indyk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thoughts on Israel - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thoughts on Israel - the patient investor\" \/>\n<meta property=\"og:description\" content=\"We express our sympathy for the people of Israel who have suffered a brutal attack from HAMAS and its backers. An act of such barbarity is bound to evoke a response and lead to further escalation of violence in the region. But that seems to be the intention. 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She quotes Katherine Zimmerman from the American Enterprise Institute: \"Sudan has served as Iran's toehold on the African continent and has provided sanctuary to Iranian proxy groups, as well as al-Qaida operatives, and serves as\u2026","rel":"","context":"In &quot;The Big Picture&quot;","block_context":{"text":"The Big Picture","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/the-big-picture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10523,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/04\/iran-says-it-gave-missile-technology-to-hamas-abc-news\/","url_meta":{"origin":44581,"position":1},"title":"Iran Says It Gave Missile Technology to Hamas | ABC News","author":"ColinTwiggs","date":"August 4, 2014","format":false,"excerpt":"From ALI AKBAR DAREINI Associated Press: Hamas is able to fire missiles into Israel because Tehran provided weapons technology to the militant group to defend itself against Israeli attacks, a senior Iranian official said Monday. Read more at Iran Says It Gave Missile Technology to Hamas - ABC News.","rel":"","context":"In &quot;Middle East&quot;","block_context":{"text":"Middle East","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/middle-east\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44628,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/10\/12\/flight-to-safety-2\/","url_meta":{"origin":44581,"position":2},"title":"Flight to safety","author":"Colin Twiggs","date":"October 12, 2023","format":false,"excerpt":"Ten-year Treasury yields fell to 4.60% as investors sought safety from rising geopolitical uncertainty after the HAMAS attack on Israel. The MOVE index retreated to 127 from a recent high at 142, indicating lower bond market volatility. The Dollar Index retreated to 105.67 in response to declining Treasury yields. Gold\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"10-Year Treasury Yields","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-11-10y.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-11-10y.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2023\/2023-10-11-10y.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":58547,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/10\/18\/gold-breaks-2700-per-ounce\/","url_meta":{"origin":44581,"position":3},"title":"Gold breaks above $2,700 per ounce","author":"Colin Twiggs","date":"October 18, 2024","format":false,"excerpt":"The flight to safety is driving demand for the Dollar and precious metals. Gold broke resistance to record a new high, while Silver is testing resistance at its previous high of $32 per ounce. Confirmation by the Israeli military that Hamas leader Yahya Sinwar had been killed in an airstrike\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Dollar Index","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-17-dxy.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-17-dxy.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-10-17-dxy.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9749,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/04\/30\/is-israel-an-apartheid-state-bloomberg-view\/","url_meta":{"origin":44581,"position":4},"title":"Is Israel an Apartheid State?\u00a0 | Bloomberg View","author":"ColinTwiggs","date":"April 30, 2014","format":false,"excerpt":"Congratulations to Jeffrey Goldberg for this opinion on John Kerry's statement: I will dissent from Boxer\u2019s critique, both because I believe that Kerry is a pro-Israel secretary of state who worries about the Jewish state\u2019s future, and because I myself have used the word \u201capartheid\u201d not only to describe a\u2026","rel":"","context":"In &quot;The Big Picture&quot;","block_context":{"text":"The Big Picture","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/the-big-picture\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6355,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/04\/muslim-zionist-and-proud-ynetnews\/","url_meta":{"origin":44581,"position":5},"title":"Muslim, Zionist and proud &#124; Ynetnews","author":"Colin Twiggs","date":"December 4, 2012","format":false,"excerpt":"British Muslim Kasim Hafeez writes about his visit to Israel: I did not encounter an apartheid racist state, but rather, quite the opposite. I was confronted by synagogues, mosques and churches, by Jews and Arabs living together, by minorities playing huge parts in all areas of Israeli life, from the\u2026","rel":"","context":"In &quot;Countries &amp; Regions&quot;","block_context":{"text":"Countries &amp; Regions","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/44581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=44581"}],"version-history":[{"count":6,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/44581\/revisions"}],"predecessor-version":[{"id":45873,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/44581\/revisions\/45873"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=44581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=44581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=44581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}