Crude oil and gold prices are likely to surge soon on the US-Iran war, claims Jim Rickards. He says the war has been started as tensions and sabotage between two countries reached a peak. The price for crude oil is likely to soar to above $200 a barrel while gold will jump to a range between $3000/oz and $5000/oz in 2012. Hedge funds as Bridgewater also see gold's potential and are positions long for the yellow metal this year, he added.