Originally published at: https://peakprosperity.com/daily-digest/martial-law-comes-and-goes-no-germanium-for-you/
Economy
Catherine Austin Fitts, a former Assistant Secretary of Housing, has issued a cautionary note on Bitcoin investments. Despite its rising prices, Fitts warns of a potential financial scam involving Bitcoin billionaires selling at peak value to acquire tangible assets like land and minerals. She points to the investment strategies of wealthy individuals and institutions, such as Bill Gates and the Harvard Endowment, who are reportedly focusing on real assets. Fitts advocates for states to establish their own banks and gold and silver depositories to maintain financial independence, suggesting that gold may be a more stable investment amidst potential central bank control.
Geopolitics
In Asia, South Korea has seen significant political developments. President Yoon Suk Yeol declared martial law for the first time in 44 years, targeting “antistate forces” and citing threats from North Korea. This move has sparked political backlash, with opposition parties criticizing the declaration and calling for the protection of democracy. However, in a swift turn of events, President Yoon has ordered the withdrawal of martial law troops, indicating a potential de-escalation of the situation.
Meanwhile, tensions continue to escalate with Russia’s unveiling of the Oreshnik missile system, a new kinetic weapon that challenges U.S. and NATO strategies. This intermediate-range ballistic missile, capable of causing destruction akin to nuclear weapons without radiation, has reportedly caught Western powers off guard. The system’s ability to target high-value assets with precision underscores the growing military capabilities of Russia, complicating the strategic landscape for the U.S. and its allies. Meanwhile, diplomatic channels between the U.S. and Russia have reportedly been severed, with Secretary of State Antony Blinken cutting off contact, leaving relations in a precarious state.
Simultaneously, China has responded to U.S. semiconductor export restrictions by banning the export of key high-tech materials, including gallium and germanium, to the United States. These materials are crucial for various industries, including electronics and defense, and China’s move marks a significant escalation in the ongoing chip war. The U.S. has responded by adding more Chinese companies to its export control list, further straining trade relations between the two nations.
In Europe, NATO has announced an expansion of Article 5 globally to counter perceived threats from Russia and China. This strategic shift includes opening a new office in Jordan, aiming to prevent Russian and Chinese influence in regions like Africa and the Middle East. NATO’s Secretary General emphasized the alliance’s commitment to supporting Ukraine and strengthening defense measures against actions by Russia and China.
Amidst these global tensions, Russian President Vladimir Putin has issued a warning regarding Ukraine’s potential acquisition of nuclear weapons. Putin stated that Russia would use all available means to prevent Ukraine from becoming a nuclear power, highlighting the severe consequences of such a development. This statement comes as Ukraine continues to adhere to the Non-Proliferation Treaty, with its Foreign Ministry reiterating that it has no intention of developing nuclear weapons.
Sources
Smart Money Ditches Bitcoin for Real Assets, Warns Catherine Austin Fitts
“The smart money is trying to control the real assets.”
Source | Submitted by pinecarr
Oreshnik: Russia’s New Missile System Challenges US and NATO Strategies
Oreshnik – a kinetic weapons system – is a certified game-changer when it comes to military technology and warfare in more ways than one: actually several.
Source | Submitted by rhollenb
Diplomatic Silence: Blinken’s Cutoff Leaves US-Russia Relations in the Dark
We felt there must be someone behind the scenes in Washington working to make sure this conflict doesn’t become a nuclear holocaust. But Blinken cut off all contact between the Russian and US governments. There is no back channel
Source | Submitted by Chris Martenson
South Korean President Orders Withdrawal of Martial Law Troops
President of South Korea orders the withdrawal of martial law troops.
China Strikes Back: Bans Key Tech Material Exports to US Amid Chip War Escalation
China announced Tuesday it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with potential military applications…
Putin Warns of Severe Consequences if Ukraine Acquires Nuclear Weapons Amidst Rising Tensions
Russia will use all available means of destruction should Ukraine acquire nuclear weapons, Russian President Vladimir Putin said at a press conference in Kazakhstan.
Source | Submitted by Walberga
NATO Expands Article 5 Globally to Counter Russian-Chinese Influence, Announces New Office in Jordan
Therefore, NATO should be active in this region, not only expanding Article 5, etc., but also building bilateral relations, helping when necessary, as we do in Iraq, helping Iraq to create its own national armed forces.
Source | Submitted by pnwdefector
South Korea’s First Martial Law in 44 Years: President Yoon Targets ‘Antistate Forces’
“I declare martial law to protect the Republic of Korea from the threats of North Korean communist forces, to immediately eradicate the unscrupulous pro-Pyongyang antistate forces that pillage the freedom and happiness of our people and to protect free constitutional order,” Yoon said in an emergency press conference at the Yongsan presidential office in Seoul.
Source | Submitted by pnwdefector
