The league, he thinks, is walking a fine line between making its case aggressively and saber rattling to the point of irreparably damaging its relationship with its players.

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My take: all this saber rattling about high royalties and windfall profits taxes is designed to scare the minnows out of the water and clear the way for the government to make a development deal with the big guys who have the balance sheet and know-how to get the job done.

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To be sure, this kind of saber-rattling happens every time the Guild's contract comes up for renegotiation.

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Investors with a long-term view have often regarded saber-rattling as an opportunity to snap up shares at lower prices.

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The saber-rattling from Tehran has come in response to moves toward new sanctions by Western nations aimed at Iran's nuclear program.

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Arbitron officials suggest that Hogan's public saber-rattling is reminiscent of the game of chicken the company played with the Infinity radio chain last year.

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Tensions in the Middle East have been high as saber-rattling between Iran and Israel remains heated and Western nations keep sanctions on Iran over its nuclear program.

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Those who see weaker prices next week said, while gold might be oversold in the short-term, the medium-term technical picture has turned negative and that could lead to weaker prices, even as geopolitical worries heat up, such as saber-rattling by Iran over possibly closing the Straits of Hormuz, a key shipping lane for oil transportation.

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Michael Attree was quick to dismiss Olsen's claim as little more than "a rattling of the saber" to garner attention ahead of the contest.

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