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not to worry, the atom smashers have been able to transmute lead into gold for quite a while.
what the article failed to mention is the scale of the operation. the yield in gold is in nanograms at most. probably less. picograms? femtograms?
the bottom line is yes, they can make gold, but it takes megabucks in equipment, labor (phd physicisists don’t work cheap), and energy to get an amount of gold that a powerful microscope has trouble seeing.
You’re correct that the UK played a central role in the creation of Israel. The process leading up to the establishment of Israel is tied to the British mandate over Palestine and the geopolitical dynamics of the early 20th century. Let me break it down briefly, and then I’ll get into the USA’s involvement.
The UK’s Role in the Creation of Israel
British Mandate (1917–1948): After World War I and the fall of the Ottoman Empire, Britain was given control over Palestine through the League of Nations mandate system. This period of British rule is crucial to understanding the roots of modern Israel.
Balfour Declaration (1917): During World War I, British Foreign Secretary Arthur Balfour issued a letter (the Balfour Declaration) stating that Britain supported the establishment of a “national home for the Jewish people” in Palestine. This was a key moment, as it gave Jewish Zionist aspirations international backing.
Rising Tensions: Tensions between the Jewish and Arab populations in Palestine grew throughout the 1920s and 1930s. While Jewish immigration increased, largely driven by the Zionist movement and fleeing persecution in Europe, the Arab population felt threatened by these new arrivals. Violent clashes occurred, and both Jewish and Arab nationalist movements intensified.
World War II and the Holocaust: After World War II, the situation in Europe, especially the Holocaust, shifted global opinion. Many Jews saw Palestine as a potential refuge. The British, however, were increasingly unable to manage the conflicting demands from Jews and Arabs and struggled to maintain control of Palestine.
End of the British Mandate (1948): In the face of mounting violence and international pressure, Britain decided to withdraw from Palestine. The United Nations proposed a partition plan in 1947 to divide Palestine into separate Jewish and Arab states, but the Arab states rejected it. Despite this, the Jewish leadership in Palestine declared the creation of the state of Israel on May 14, 1948.
The USA’s Involvement
The United States’ involvement in the creation of Israel is often seen as a result of a combination of humanitarian concern, geopolitical strategy, and domestic politics. Here’s how it unfolded:
Pre-World War II: Before the war, the U.S. was largely supportive of Zionist aspirations, but its role was not yet decisive. American Jews were supportive of the movement, but there were also political factions that were less enthusiastic, particularly among those who worried about alienating the Arab world or engaging in an international conflict.
World War II and the Holocaust: The U.S. response to the Holocaust and its aftermath played a major role in changing American policy. As the scale of the atrocities became known, there was growing sympathy for the plight of Jews and a desire to create a refuge for survivors.
Post-War Diplomacy: After WWII, U.S. support for a Jewish homeland began to intensify. President Harry S. Truman, who took office in 1945, was particularly sympathetic to the Zionist cause. His administration faced pressure from American Jewish groups, who lobbied hard for support for a Jewish state in Palestine.
UN Partition Plan (1947): When the United Nations voted on a partition plan for Palestine in November 1947, the U.S. was one of the key supporters of the proposal, alongside the Soviet Union. The partition plan sought to divide Palestine into separate Jewish and Arab states, and it was approved by the UN General Assembly with 33 in favor, 13 against, and 10 abstentions. This was a significant step in international recognition of Jewish aspirations in Palestine.
Creation of Israel (1948): When Israel declared independence on May 14, 1948, the United States, under President Truman, quickly recognized the new state. Truman’s decision was influenced by a combination of moral and political factors, including the desire to align with a democratic, pro-Western state in the Middle East. Israel’s declaration of independence was met with immediate hostility from surrounding Arab nations, but U.S. support was a key factor in Israel’s survival.
Cold War Context: During the early years of Israel’s existence, the U.S. was keen to establish strong relationships in the Middle East as part of the broader Cold War strategy. While the U.S. was supportive of Israel, it was also balancing its interests with the Arab states, which were critical of Israel’s creation.
Key Factors in U.S. Involvement
Humanitarian Concerns: The Holocaust and the displacement of Jewish refugees created significant support for the idea of a Jewish homeland.
Political Lobbying: American Jewish organizations played an influential role in lobbying the U.S. government, particularly through figures like David Ben-Gurion, the leader of the Jewish community in Palestine, and others in the Zionist movement.
Cold War: The U.S. saw Israel as a strategic ally in a region that was of growing importance during the Cold War, especially given the Soviet Union’s support for some Arab states.
Aftermath and Continued U.S. Involvement
Following the creation of Israel, the U.S. continued to support the new nation, both politically and militarily. In the decades that followed, Israel and the United States would develop a strong bilateral relationship, with the U.S. providing military aid, economic assistance, and diplomatic support.
In short, while the U.K. played a key role in the historical background and early 20th-century politics that led to Israel’s creation, the U.S. played a critical role in recognizing and supporting the state once it was declared in 1948, a relationship that would deepen in the years to come.
If you want more detail on any specific aspect, feel free to ask!
Gold has bottomed below $4500, and we will never see it below $4500 again.
The Dollar Index lately since early 2025 seems to always back down or drop around 100. This might also be a good time to short Oil with ultra short oil etf SCO
The whole Iran thing is a bag of hard questions, bad decisions and ignorance. In a way I can’t fault the EU countries for not joining in. They didn’t start it, it’s not real local (So NATO?) and they’re in missile range. Also they have many Jihadi’s in their countries. On the other hand looking at WW1, WW2 and all the expense and effort we’ve made after WW2 to protect Europe from invasion it looks massively ungrateful. A Mullah-less Iran would be to everyone’s benefit.
It’s about time that the Europeans paid for their own defense. The US really can’t afford to be there anymore, and I’d extend that to many of our bases around the world. How many do we really need? Do we have to have our finger in every pie? What’s our deficit again?
“War is a racket”
Smedley Butler General in the Marines
Reading between the lines it looks like the Regime is close to collapse……hopefully it will be destroyed.
Buygold….The Regime has to go….luckily both Israel and MBS want that…they know that if anything is left and in power, they will be back in a few years…..MBS doesn’t want to spend the rst of his life hiding from a vengeful Regime…..
I don’t disagree. I see that China and Pakistan put out a 5 point peace plan. Maybe they’ll be able to reign in Iran and get a more amenable government.
I don’t believe that any peace will necessarily be lasting and whatever deal is done has to include Israel and their ability to rebuild the temple at the current site of the mosque.
If there is good out come in Iran, ie the Regime falls and the people take over and create a decent society , then I see the SM’s flying ….peace in the ME would be a hell of a goal and we have a real chance, as the Regime has pissed off everyone in the ME……especially MBS….he wants that Regime Gone and he doesn’t piss around.
We have no idea what is being cooked up during this lull…..
They don’t want to give us an inch do they. Nice to see, yesterday was pretty demoralizing. Hopefully we can get moving again despite the news of the day.
Shorts are getting murdered across the board.
Other than individual stocks, I don’t think the indexes are going to crash again in my lifetime. Seems they’ve got the algorithms plugged in to squeeze at all the right times.
Re Trump and NATO,,,,from that post he put out…he is not a happy camper…nor should he be……the good news is there is no chance of the US getting involved with Ukraine, now Trump has seen how, one minute they screaming for the US to get involved and then when the US says can we have some help on Iran…they don’t pick up the phone…..
plus with him talking all the time, we all get to hear what is going on…..no mare secrets behind closed doors.
Bloomberg
@business
Italy denied US military aircraft bound for the Middle East permission to land at a base in Sicily, newspaper Corriere della Sera reported on Tuesday