Loading ...Better get the real thing, in hand, while you can….Cause when the lights go out, if you can’t feel it, you don’t own it. Just remember, it was your own choice! SNG!
President Eisenhower’s remarks about the military industrial complex in his farewell address
Comment: Were they responsible for the Invasion of Iran? And Iraq and Afghanistan, and all the others?
Found on ChatGPT
President Dwight D. Eisenhower warned about the growing power of what he called the “military-industrial complex” in his farewell address on January 17, 1961.
The key passage was:
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex.”
He continued:
“The potential for the disastrous rise of misplaced power exists and will persist.”
And then:
“We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted.”
He also warned that the nation had become permanently involved in a huge defense establishment and arms industry:
“This conjunction of an immense military establishment and a large arms industry is new in the American experience.”
Eisenhower’s broader point was that defense spending and military preparedness were necessary, but the enormous permanent alliance between the Pentagon, defense contractors, and political power could become so influential that it might distort national priorities and threaten democratic government.
Interestingly, he also warned about the growing influence of science and government funding, saying:
“The prospect of domination of the nation’s scholars by Federal employment, project allocations, and the power of money is ever present—and is gravely to be regarded.”
His speech is often remembered mainly for “military-industrial complex,” but his warning was broader: he was concerned about power becoming concentrated in large institutions—military, industrial, scientific, and governmental.
I think the Russians are getting pissed off!
Russian Attack On Arms Expo Near Kiev Kills 10, Just After Zelensky Hosts Raytheon Execs
Russia just escalated against Western backers of Ukraine in a big way. On Friday a major Russian missile strike was carried out in Kyiv Oblast where representatives of Ukraine’s defense industry had gathered for a demonstration event.
These types of defense tech gatherings occur semi-frequently, are somewhat secretive, and typically involve American and European defense companies demonstrating new weapons systems, particularly in the realm of drone warfare. These events also sometimes involve the Ukrainians showing off their own advancing capabilities to international customers.
Buygold @ 12:07
re:Rule … I’m grokking!
Today … not the worst day we’ve seen …
Nice surprise today
Gives a little hope that the worm is turning. Never know I guess, until it actually does. No surprise they have the clamps on NEM to keep things from getting unruly.
Ipso – I’m glad to hear Rick Rule is bullish. He’s never been a perma-bull, so that means to me he sees something.
deer79
Could be … hard to know something like that …
Ipso
Perhaps Paulson is the buyer of the massive amount of extreme out-of-the money calls on Gold that was mentioned here a few weeks ago????
John Paulson
SilverTrade
@silvertrade
🎇”WE ARE IN THE EARLY STAGES OF A LONG-TERM BULL MARKET FOR GOLD!” -John Paulson
Billionaire Hedge Fund Manager John Paulson famously orchestrated “the greatest trade ever”- a massive, $20 billion bet against the US subprime mortgage market prior to the 2008 GFC.
🔥The legendary Hedge Fund Manager just told CNBC that at $4,000/oz, we are ONLY IN THE EARLY STAGES of a LONG-TERM BULL MARKET FOR GOLD‼️
John Paulson is not some fringe perma gold-bug.
When one of the most successful MAINSTREAM INVESTORS maintains that gold’s move from $1,800 to $5,600 is JUST THE BEGINNING of a LONG-TERM SECULAR BULL & is positioning himself in gold stocks, you just may want to pay attention…
Courtesy of your government
Peter Mallouk
@PeterMallouk
2% inflation is not what is really happening…
Shares trying to hold
even as the metals slide again.
I guess we’ll have to see if they sell the open.
Oil turned down a couple bucks
rates and the dollar also eased a bit, at least both are flat.
That was enough to allow our pm’s to turn higher after being down all night. Silver leading and up 1%. Gold still flat. PM shares mostly higher, even NEM is shaking off the selling from last night and is up a smidge.
The turn seemed to coincide with the London markets open.
SM is mixed, DOW up near 1/2%, Nasdaq flat.
May be another peace deal will breakout for the weekend.
Robots are being tested out in school.
New York School District Shells Out $58K for a Robot Teaching Assistant | PCMag https://share.google/MsrX2HWM37VgxDSe9
The British govt advice to prep is officially to prepare for a war against Russia.
Others say it to prepare for a civil war which I think is tenuous, as by definition the last people the govt want to stay fit and healthy during a civil war are the civilians.
A more likely scenario, almost guaranteed really, is Patchmageddon:
TLDR; A patch is issued to fix a bug. AI takes the patch and works out the problem so quickly that it exploits the problem days or weeks before the patch can be installed.
Here’s how it works in practice. After a software vendor releases a security patch, AI can now reverse-engineer that patch, identify the underlying vulnerability and build a working weaponized exploit in minutes. Attacks can begin spreading worldwide within hours. Attackers share everything: exploit kits are open source, offensive AItools are forked and improved on GitHub, and attack techniques are documented by thousands of contributors operating as a decentralized R&D lab. Defenders tend to operate in the opposite model: enterprise AI defense is often locked behind vendor contracts and threat intelligence may be safeguarded as a competitive advantage.
What happens TLDR;
The big picture:
• The principal tail risk would be disruption of a single systemically important provider such as a major grid operator, financial-clearing utility or telecommunications backbone. Previously only state-sponsored actors could target these providers and have been effectively deterred but a failure at this level could cascade across dependent sectors
• For example, a sustained attack on regional energy grids could disrupt critical services like banks, internet hosting providers and cell phone towers. This disruption could eventually exhaust generator supply chains and data centers could begin shutting down
• An attack that takes a major cloud services provider offline for 30 days might disable operational backbones of institutions across multiple sectors. This disruption could degrade networks on which hospital systems, emergency services and financial services all rely and it could also impact Federal Aviation Administration flight operations facilities
• Municipal water systems rely on synchronized pump networks to maintain consistent pressure across distribution lines. A loss of synchronization can cause pressure drops that render water undeliverable or pressure surges that rupture pipes and mains, which can take weeks to remediate
o The safety consequences would be immediate: fire suppression systems lose minimum operating pressure and healthcare and nuclear facilities face acute disruption. Public health risks compound quickly: low pressure allows ground contaminants and bacteria to infiltrate distribution pipes, desynchronized flow rates cause under- or over-dosing of treatment chemicals such as chlorine and fluoride and failed wastewater lift stations can drive sewage backflow into the drinking supply. Eventually, industrial cooling systems serving data centers and power plants as well as agricultural irrigation systems are taken offline.
For me, if the patch is the source for the hack it’s inconceivable that this won’t happen sometime, and probably soon. A real reason to have a supply of food, water and power for a week or two. And of course it could still be a Russia issue – or China, or Iran who have already attacked utilities in the US.
Silver deficit
I’ve been doing a little more question and answers on AI looking for some understandable reason for this madness…. I find Between 40 and $45 is the breakpoint with solar panel manufacturers where they started to find a substitute for silver paste in the manufacturing… Before the run-up silver was between five and 15% of the cost of a panel and when it got to $120, it became 30% cost of the panel… So now they are using copper paste and or copper coated with silver plate…. I asked between a scale of one to 10 how much of that compromise the panel and it said two… And then I asked if the manufacture compensated for the compromise panel in its price and they said no.. lol… I’m assuming there’s a lot of people connected more than we are that knew how much the demand side was gonna be hit by the solar industry and took actions accordingly…. I haven’t checked to see what percentage of manufacturers made the change, but I’m assuming like many things prices everything so probably most of them … We may have to wait a while for these panels to begin failing to read their rewards of their renewed interest in silver…
Buygold
They’re doin too good! It’s the kiss of death! 
Ipso – Ha
and for their efforts, NEM is down another $1.28 for their efforts.
Here’s why:
**Attributable gold production decreased 1 % from the prior quarter, driven by lower production at…
Think about that. Gold production dropped 1% Q over Q and they still beat earnings by $.11.
If you’re a miner, you better beat on all fronts, otherwise your stock gets hit. Period.
Mr. Copper
I’m with you. This was the dumbest thing he could have done and will destroy any legacy he hoped to have. He absolutely should have waited until his last year and planned it out during the first three years as he restored the economy. He would’ve been an American icon. The inflation is destroying the very people that elected him. He’s done a decent job on immigration, but that’s it and it’s too late anyway. The Muslims now have a foothold in several states, and he’s opened the floodgates for H1-B Visas as a gift to the tech oligarchs that hated him. Make it make sense for me.
I’m not sure what happened to Trump. I suspect they threatened him and his family. Probably something along the lines of “you have two choices, you can do everything we tell you and we’ll make you and your family billions, or we’ll kill all of you, and BTW we own the secret service, that was us in Butler.” Then they proceeded to murder Charlie Kirk.
Between him and Congress, they’ve handed the country over to literal demons.