http://www.telegraph.co.uk/news/worldnews/middleeast/iraq/10910868/Iraq-crisis-Obama-may-launch-air-strikes-without-Congress-amid-calls-for-Maliki-to-go-live.html
What I think will happen is the US military will start bombing, but then the bombing will shift to Syria and the Jihadi's will finally overrun Assad's regime. Also the Iranian regime that currently controls almost all of Bagdad will be out and a more pro-west government will be installed. Very good for precious metals as it all plays out.