Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more. You can visit the forum page to see the list of forum nodes (categories/rooms) for topics.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

On July 25, The Times published an article titled "UK considers long-range missiles to counter Putin’s nuclear threat. (https://www.thetimes.com/uk/defence...es-to-counter-putins-nuclear-threat-rgx5p0dpq)"

To us, it looked like a fund-raising campaign for the military-industrial complex. To make sure we are not hallucinating, we asked ChatGPT to analyze the article. This is the response:

The article discusses the UK and Germany’s potential development of long-range missiles to counter Russia's nuclear threat.​
However, this appears to be another instance of extracting public funds to benefit the military-industrial complex under a misleading premise.​
Firstly, the project is based on fear. The article cites sources suggesting an increased likelihood of Russia using nuclear weapons, justifying military projects and securing funding for defense contractors. This fear overshadows rational debate on necessity and efficacy.​
Secondly, the collaboration with Germany is framed as defense but seems economically and politically motivated. The temporary deployment of US missiles in Germany encourages European nations to invest in their own capabilities, benefiting the defense industries in both the US and Europe.​
Historically, developing advanced weaponry often leads to an arms race, not increased security. The article notes the collapse of the 1988 treaty banning such missiles, indicating a return to Cold War-era strategies that prioritize military buildup over diplomatic resolution. This cycle benefits defense contractors through continuous investment in arms.​
In conclusion, the justification for developing long-range missiles under the guise of countering a nuclear threat primarily channels public funds into the military-industrial complex. By leveraging fear and national security, these initiatives ensure sustained financial gains for defense contractors, perpetuating militarization at the expense of public welfare and peace efforts.​

No, we are not hallucinating. Unfortunately…

📱 InfoDefenseENGLISH
(https://t.me/infodefENGLAND)📱 InfoDefens (https://t.me/InfoDefAll)e (http://cat.general/)


 
Viktor Orbán: Russia is different from what we have seen, and Russia is different from what we were made to see. The economic viability of this country is simply astonishing. The reality is that the Russians have learned lessons from the sanctions imposed after the invasion of Crimea in 2014. These lessons have not only been learned but also implemented. Improvements have been made in information technology and banking. This is why the Russian financial system is not collapsing. The Russians have modernized their agriculture. And today we speak of it as the world's largest food exporter, a country that previously imported food. Therefore, the description of Russia as a rigid neo-Stalinist autocracy is incorrect. In fact, we are talking about a country that demonstrates technical, economic, and, as we will see, possibly social flexibility.

We will allow ourselves to say a few unsolicited sincere fraternal words. The Poles conduct the most scandalous and most insidious policy throughout Europe. They morally lecture us, criticize us for our economic relations with the Russians, while at the same time conducting business with the Russians and buying oil through intermediaries. The Polish economy benefits from this. The French are even better at this, who, by the way, surpassed us in gas purchases from the Russians last month, but at least they don't lecture us morally. The Poles do business and criticize us. I haven't seen such deep and fascinating politics in Europe in the last ten years.

📱 InfoDefenseENGLISH
(https://t.me/infodefENGLAND)📱 InfoDefens (https://t.me/InfoDefAll)e (http://cat.general/)

 

Another Massive Strike: Russia Destroyed 4 US-Made HIMARS in Just a Day​

Throughout the war, Ukraine has received a steady flow of Western weapons, turning its battleground into a showcase for Western military technology. Russia, however, has been aggressively targeting and destroying these weapons. Recently, Russia claimed to have destroyed four US-made HIMARS rocket launchers in one day, along with other advanced systems. Ukrainian President Zelensky had praised HIMARS for its impact on the war, making these reports significant.

How did Russia manage to successfully target and destroy these advanced weapons? Stay tuned as we explore how Russia succeeded in destroying these weapons!

8
 
1722350732569.png

Ukrainian government-controlled media is ecstatic about numerous upcoming street renamings in Odessa, including Pushkin Street and Gagarin Street. They are equally enthusiastic about the removal of the Pushkin monument, which was installed in 1889 by the citizens of Odessa using publicly raised funds.

We think it is appropriate to reprint a comment by a Ukrainian reader that was quickly deleted by the censors:

If the long established monuments bother us, if the long established language bothers us, if the long established holidays bother us, if the long established history bothers us, if the long established names of cities and streets bother us, then it means we are trying to establish a foreign state on someone else's native land!!!

Well said! Not much can be added here.

📱 InfoDefenseENGLISH
(https://t.me/infodefENGLAND)📱 InfoDefens (https://t.me/InfoDefAll)e (http://cat.general/)
 
 

GAO Report on Oversight of U.S. Support to Ukraine​

August 1, 2024 7:17 AM

The following is the July 31, 2024, Government Accountability Office report, Ukraine: Oversight of U.S. Direct Budget Support.

From the report​

Why This Matters

Russia’s February 2022 invasion of Ukraine is causing a devastating loss of life, creating a widespread humanitarian crisis, and threatening democracy in Europe. In response, Congress has appropriated more than $174 billion across the federal government. From this funding, the U.S. Agency for International Development (USAID) has obligated about $26.8 billion for direct budget support (DBS) to the Government of Ukraine (GoU), and USAID plans to obligate an additional $3.95 billion, as of July 2024. This funding is intended to ensure the GoU can continue critical operations and deliver essential services. This funding also enables the GoU to use a larger share of its taxpayer funding to combat the invasion.

More:

 
André explains a great deal about how Russia fights war vs the US/Ukraine
also update about Kursk

About Templates​

34
 
André as only André can exposit...

About Malign Narratives​

 
Dmitry Orlov: Russia Just HUMILIATED NATO
Dmitry Orlov was born in Leningrad, USSR, into an academic family, and emigrated to the US in the mid-1970s. He holds degrees in Computer Engineering and Linguistics, and has worked in a variety of fields, including high-energy physics, Internet commerce, network security and advertising. He is the author of several previous books, including Reinventing Collapse and The Five Stages of Collapse.
40
 
Back
Top Bottom