Update 3: SUNDAY WARNING Iran's Massive Attack Against Israel [WW3] Bitcoin
FULL TRANSCRIPT
well World War III might officially be
cancelled if this is all Iran has we
have a
99.9% failure with Iran's attack against
Israel last night we got 185 drones 36
cruise missiles and 110 surfac to
surface missiles most of which
originated from Iran itself although uh
there were some that were launched from
Iraq and Yemen uh we're now waiting for
the retaliation from Israel which
hopefully isn't as dispropor forunate as
the Gaza retaliation was after Hamas
invaded and about 1,500 Israelis and
Hamas individuals died we ended up
getting about a 30,000 Palestinian death
afterwards combined with additional
Israeli soldier deaths so we've got this
standard of like a 20 to 30X response
and hopefully we don't get that kind of
response to this because this was an
abject failure by Iran and it was quite
frankly an embarrassment remember Iran
sells these drones to Russia which
what's actually kind of interesting
about that is this was probably the
worst advertisement ever for Iran's
drones with 99.9% of all of the weapons
that were launched against Israel
intercepted and every single drone shot
down not a single Iranian drone made it
into Israeli territory probably not the
best way to pitch your drones but anyway
uh Iran thinks this was a great success
in fact they're calling this a success
Beyond imagination uh the aerial attack
is now done uh Iran is claiming that
they are finished they are done with
their attack uh out of the 30 Cruise
Miss missiles that were launched about
uh 25 were shot down before getting into
Israeli airspace of the five that did uh
they were then affected by GPS jamming
and only about two or three hidden Air
Base in Israel uh you were looking at uh
nominal damage to the Open Spaces of the
Israeli ba airspace or the air base
rather that was the Nava Tim air base
for natim air base and again minor
impact to open areas the Israeli
Ambulance Association reported no on the
ground injuries at all now Israel did
suspect there was a chance that there
would be no on the ground injuries and
they said they still they would still
weigh whether to respond and how to
respond even if there were no injuries
and now we're hearing there were no
injuries so let's see what Israel pulls
off of course we'll talk about
implications and that in just a moment
but other details to consider the US uh
is of course encouraging cooler heads to
Prevail at this point we don't want an
escalated conflict we don't want a World
War II we want World War III canceled uh
Iran is threatening that to attack US
Air bases in the region if the US AIDS
Israel in any response they're also
threatening other countries in the area
uh clearly in my opinion Iran lost a lot
of clout here I mean my opinion is Iran
just became a whole lot less scary we
know they're likely a nuclear power
they're not supposed to be enriching
uranium but we know they do deep in
their tunnels uh and so this is pretty
embarrassing for them but anyway uh some
people say that oh well Iran intended
for this just to be a messaging tool
well it's a pretty embarrassing
messaging tool because Iran made it very
clear upfront that they were not going
to Target any economic or population
Center they were just targeting military
installations at Israel and Israel did
move their equivalent of Air Force one
into the space and they started
evacuating certain military bases
because they were expecting those to be
targets well none of those really ended
up getting affected again with the
exception of an open space uh air base
or the Open Spaces within one particular
Air Base uh multiple targets uh were
struck in retaliation in Lebanon
specifically weapons Depot from
Hezbollah uh Biden has considered this a
win in a phone call with Benjamin n
suggesting that nothing of value appears
to have lost that's not uncommon to hear
a politician say because we did just
happen to light $1 billion of weapon
defenses on fire defending against this
sort of attack which cost Iran a
fraction of that but that's pretty
normal because after all an unguided
rocket launched at Israel cost about
$11,000 to send in whereas the Iron Dome
costs about $80,000 to fight back per
missile per unguided rocket that they're
trying to take down so a little
disproportionate on the cost especially
when you're relying on the Arrow two or
Arrow 3 systems to take down ballistic
missiles that are potentially uh near
the edge of space there were some really
neat video shots of uh some of these
missiles we're not sure if they're
Hypersonic probably not but near the
edge of space that blew up and had some
pretty neat explosions up there uh Biden
is convening the G7 again no reports of
injuries and now the question is what
happens going forward that's the big
question at this point previous to the
Hamas attack in October
relations in the region had really
started normalizing it it somewhat felt
like the US withdrawal would go from
Afghanistan and a lot of the Middle East
would finally go without major sort of
backlash and problems although obviously
we lost Afghanistan within a matter of
days but that wasn't much of a surprise
you leave a power vacuum that's what's
going to happen but uh really what we're
trying to build is normalized relations
with say Saudi Arabia and Partnerships
with other countries here so that way we
can have better trade routes to India we
uh can have direct routes through land
rather than always through sea uh
China's trying to do the same thing with
the Silk Road expansions uh so
everybody's trying to do sort of a
partnership land grab I like to call it
in the Middle East these sort of
disasters and tensions just make all of
that more complicated and challenging
and of course the biggest consideration
now is what's next obviously at this
point we think markets are still going
to be jittered at least until we see how
Israel is going to respond you still got
Bitcoin as your risk asset measure
sitting at 645 that obviously recovered
from the 617 it fell down to so nice
recovery there but certainly not back to
where we were just before the attack
it's worth noting just before the attack
we were sitting at right around 67
though in anticipation of the attack we
did drop from
70.7 down to uh about that 677 range so
we lost about 3,000 in anticipation
since obviously the CIA and the United
States have been warning about this
attack coming Iran also gave 72-hour
notice to neighboring countries that the
attack was coming uh so now the question
really is hey maybe maybe we need to
find a true longlasting solution for
peace between Israel and the
Palestinians dealing with the issues of
Gaza the West Bank and finding some form
of solution because frankly these issues
are likely to keep igniting I kind of
liking it to a house that's on fire and
you put out the fire everywhere except
the master bedroom and all of a sudden
what happens well the fire just
reignites and you keep having a massive
problem so that's the concern is we're
leaving smoldering fires by leaving a
lot of these issues unresolved until
they explode into something
substantially larger which is exactly
what we saw in October and again the
biggest concern is how is Israel going
to respond John Kirby was asked uh this
morning on um uh cbs's weekly show on
Sunday morning he was asked hey well you
know do you support Benjamin and and his
response was well he's the elected
leader and and we're going to work with
him some people think that Kirby was
sort of looking a little fearful but he
kind of always looks a little fearful so
I don't know if he was really indicating
anything so uh you know I I think the
big thing here is the United States has
made it very clear them combined with
France and Germany and uh uh the the
Royal Air Force from Great Britain were
all
supporting Israel that likely means the
US taxpayers here helped prevent World
War III because Mo well and then of
course the British taxpayers as well but
it's mostly because we pretty much
funded all of this defense against Iran
so it's almost like the US is in this
sort of proxy war against Iran but uh
that's not a surprise we kind of always
have been the idea with Biden's
negotiations over the last few years has
been that well maybe we could finally
have peace with Iran clearly that's not
the case but something that is
interesting that I was thinking of is
those uh s131 and s136 drones that uh
especially the Piston propelled ones
which are just you know they're flying
at 120 130 mph think like small Cessna
almost you probably had some pretty sick
uh entertainment for the uh jet fighters
I'm just trying to put myself in the
shoes of the Air Force folks out
there I can only imagine coming in
Behind These slow moving drones and the
cool thing is because they're not meant
for airto a combat you could probably
use the f-35s f-22s and just use your
probably what 35mm machine gun Cannon or
whatever to uh to take down these drones
with bullets rather than missiles which
is substantially cheaper and it was
probably really entertaining I kind of
hope we get some footage out of that
because I think it would look really
cool like actually POV footage wouldn't
that be cool seeing some some pictures
or video rather from the jets shooting
down little drones floating around yeah
yeah so anyway uh there you have it if
you like the content I'll keep bringing
out more updates Jack let's go this way
and uh I got to go on my own ride here
obviously and um stay safe out there and
make sure to subscribe for more updates
we'll see you soon thanks bye subscri
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