by James Rickards
Daily Reckoning
As you know by now, this weekend Iran attacked Israel with a combination of drones, cruise missiles and ballistic missiles. While we don’t have the exact number, reports indicate that the attack included about 300 drones and missiles in all.
The attack was primarily focused on military and intelligence installations, not major population centers like Tel Aviv. It apparently caused little damage, as Israel (with possible help from the U.S. and U.K.) shot down most of the Iranian strike package.
A young girl was seriously injured in the attack, but overall, there were very few casualties. It’s not surprising that the great majority of drones would be shot down, given their low speed and the hours of warning time Israel had to prepare their defenses.