Joint Chiefs of Staff Chairman Gen. Caine on Iran war, says it is not a single overnight operation and this is a major combat operations; expects to take additional losses

• US operation in Iran marks months and years of planning.
• This is just the beginning and will continue.
• Flow of forces to region continues.
• Additional forces heading to Middle East today.
• Began to systematically reposition US assets in the region.
• Says aware of three F-15s jets lost overnight.  

The Chairman of the Joint Chiefs of Staff's remarks indicate a significant escalation in U.S. military involvement in Iran, highlighting that operations will be prolonged and involve considerable planning. This suggests further volatility in markets, particularly in energy and safe-haven assets like gold, as traders assess the potential for increased conflict and its implications for global supply chains and economic stability.