The supposed “Apocalypse proof” assets gold and Bitcoin jumped on a Wednesday nuclear headline that hit the wires quoting Russia’s defense minister who confirmed that Russia will initiate training on nuclear strikes.
“Russia has conducted a major exercise aimed at testing its strategic nuclear forces,” the Kremlin announced, per state media. While this doesn’t mean a nuclear test per se has happened, it does come at this ultra-sensitive moment where major powers have their fingers on the trigger related to the escalating Gaza crisis. US and Israeli defense officials have just said the Pentagon is sending additional anti-air defenses to protect American troops stationed across the Middle East.
And now this from Russia’s military: “The drills involved all three components of the nuclear triad: intercontinental ballistic missiles, nuclear-armed submarines, and strategic bombers, the statement said.”
An explanation of the drills was explained in RT as follows:
The test also aimed to evaluate the readiness of the military leadership, and its ability to command the strategic nuclear forces, the Kremlin said. All forces involved “followed through” with their tasks, it added.
In the background, the last major post-Cold War era nuclear treaty between Moscow and Washington is on the brink of collapse: New START, with the formal name of Measures for the Further Reduction and Limitation of Strategic Offensive Arms.
Currently, Russia is drafting a bill to revoke its prior ratification of the treaty which banned all nuclear testing. In follow up, Russia’s foreign ministry has stipulated that the military would only resume full-on nuclear tests should the US do the same. Per Interfax, the statement added however that the Russians have “seen signs that the US is making preparations for nuclear testing in Nevada.”
Now with Russia talking nuclear tests sprinkled into the dramatically rising geopolitical tensions surrounding the Middle East, this has sent Bitcoin charging higher, as has been the trend in the last several days of “WW3-style” headlines and punditry…
Gold also gained amid the increased safe haven trend…
According to more from Reuters on the Russian nuclear forces test:
“Practical launches of ballistic and cruise missiles took place during the training,” the statement said.
State TV showed Defence Minister Sergei Shoigu talking to Putin about the exercise.
The same Kremlin statement said a Yars intercontinental ballistic missile had been fired from a test site in Russia’s far east, that a nuclear-powered submarine had launched a ballistic missile from the Barents Sea, and that Tu-95MS long-range bombers had test-fired air-launched cruise missiles.
The annual “Grom” strategic nuclear exercise under the leadership of Putin is now underway in Russia.
– Russian Defense Minister Shoigu and Chief of the General Staff Gerasimov reported to Putin about the course of the exercise;
– The RS-24 Yars intercontinental ballistic… pic.twitter.com/PhW1eA8FBv
— Status-6 (Military & Conflict News) (@Archer83Able) October 25, 2023
And finally a note from Rabobank, which observes how easily things could go boom [emphasis ZH]…
* * *
There is really so much that can go wrong when several powerful states are playing chess against each other on three different chess boards around the globe. Let’s just hope that none of the participants in this game is on psychedelic mushrooms and tries to pull “both emergency shut off handles, because they think they are dreaming and just wanna wake up”.
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal
-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
The claim that crypto is “apocalypse proof” represents a ridiculous lack of understanding of crypto, or even what it means for something to be an asset.
Beyond that, in a serious apocalypse your valuable assets would be food, water, shelter, and weapons. Even gold would be of little value if you can’t find someone who has a surplus of those things to trade with.
Gold would be a valuable asset for maintaining wealth through a major disruption short of the apocalypse – like WW2, or a Venezuela collapse. Under much more limited circumstances crypto could also be useful in those situations. Crypto is potentially more valuable for trading in-between a collapsed state and happier places.
Please remove the banners of the sickening dermatitis photos. WTF!
Learn how to use an adblocker. WTF!!!
Or you can make a $10,000 donation and I’ll get rid of the ads.
The claim that crypto is “apocalypse proof” represents a ridiculous lack of understanding of crypto, or even what it means for something to be an asset.
Indeed.
I imagine they won’t have the lights on in an apocalypse scenario, and no electricity means no crypto.
Heck, you won’t even be able to charge your EV!
But, for the resourceful, with a backup generator, once you get your laptop or phone up and running, you’ll find out they shut down cellular and the internet (SOP in apocalypse scenarios).
So, realistically, shelter, water, and food are your priority assets in the apocalypse scenario.
Remember your rule of 3s :
You can survive;
3 minutes without air,
3 hours without shelter (bad conditions),
3 days without water,
and 3 weeks without food.
This outlines your true assets in any scenario.
Weapons allow you to keep or consolidate those assets.
-fujigm
You’ll be able to survive about a week without guns and ammo…tops
That all depends on where you are and how you act.
Being in a crime-ridden city isn’t a good choice no matter how heavily armed you think you are.
Anything that relies on the flow of electrons should not be trusted.
In the event of an EMP attack, which is quite likely, one better have that generator, and any other appliance you wish to use, in a well-constructed Faraday cage. Otherwise, all those precious microchips will be dead and useless.
Gold is the same price today as it was in 2011, just the paper to buy it with has become more worthless.
Exactly, gold doesn’t go up, it just stays the same as fiat goes down
Unless the gold price is artificially kept low.
Uhh… and don’t they do such regularly, once a year?
Apocalypse proof=food, ammo, medicine, and clean water….
…not to forget true Christian nation.
“We’re sorry, we were unable to load comments at this time. Please try again later”
Fuck ZeroHedge in the ass. I hate it.
Send your cat in to fuck their shit up.
Tell him “pspspspsps”, or, “Look for Buddy, a battlecat cowkitty.”
He’ll be busy fucking their shit up.