Military Tensions in the Gulf Region

Let me let this load, because I do wanna quickly do a piece on

Iran, 'cause

obviously I am here right now in Dubai. So I'm in the UAE.

This is the whole entire area, the Gulf area of the world, the Gulf

region. So guys, there's actually a few issues here, right,

which people don't know

about. And the first issue is that America are adding a bunch of

troops, I can't draw on this, but they're adding a lot of troops,

a lot of military

aid to potentially do another fast attack on Iran after the

midterms. Now, the issue is, is this could extend a little

bit further than just, you know, the Gulf nations.

Because Iran have said multiple times, and guys I'm here,

the Ministry of De- the Ministry of Defense here tell us this,

that if they get

attacked by any Gulf nation, Israel,

UAE, Saudi Arabia, anybody, if anyone attacks them,

they will retaliate, retaliate in a disproportionately larger

way than they ever have in the previous attacks which, on the

Gulf states, and it's gonna hit, like, a lot of civilian stuff, okay?

And the problem is with that is if they hit significant civilian assets

in the Gulf nations, there's mainly oil and mainly aircraft,

okay?

So aviation and oil, and other, you know, there's a big

pharmaceutical thing here as well, and lots of other smaller industries like

heavy

metals. But if they do, they're, they're gonna hit airports.

Guys, even when DXP, if DXP gets hit and Abu Dhabi get hit, you see

a huge significant reduction in global trade.

Because DXP is one of the biggest airports in the world.

Abu Dhabi's a huge airport as well.

They're even building another airport called Al-Batinah or something,

Al-Batinah,

and there's huge amounts of airport travel going through it.

It slows down the whole entire global economy.

As well as the oil, we've already seen that,

increasing oil prices.

So what a lot of people are doing right now

is they're selling loads of shit,

'cause they're like, "I don't know what's gonna happen." It's

very likely there's

gonna be another attack on Iran from the US, and how far are Iran gonna,

uh, uh, strike back? And that is actually a little bit of a concern for

Bitcoin.

So I'm just... A- and also there's one other thing I wanna

mention as well, which

people don't know about.

Uh, there's a, a, um, um, a b- okay, let's, let me make it really simple.

I don't wanna go too in the weeds with this one, 'cause it's a little bit fringe.

There's a independent militia, or an independent army,

called the Houthis, and they are funded by Iran, okay?

So they're kind of similar to, like, Iran funding Hamas, okay,

but they're actually

slightly different. They're an independent fighting force

and they're a militia.

They're almost like a, a resistance force.

They're funded by Iran, but they actually do,

uh, control right now Sana'a, and they are coming from Yemen.

They're a Yemen-based fighting force, and they killed a bunch of people in, uh,

Saudi Arabia. They actually killed nine people in Saudi

Arabian airport, hundreds

of people injured by firing missiles, very similar to what Iran do.

Another kind of spanner in the works here is that

these guys down here, who are attacking Saudi Arabia

and have also attacked Abu

Dhabi before, they're actually getting stronger,

a lot stronger.

And a lot of, a lot of people are really worried because there's been

attempts

to wipe these guys out. They're basically an independent militia

who live in the

mountains. They're, like, really difficult to neutralize.

Saudi Arabia and the UAE went to war with them, uh, in 2014, and

they didn't really come out as, like, a victor.

It was more like they just re- reduced the force by a little bit.

But they never, they didn't neutralize them in any way.

Now they're fucking stronger. So the issue is, is that if this

conflict in Iran plays out with the US, these guys, the

Houthis, are gonna get a lot more involved as well.

And that could lead to attacks on the UAE, into Abu Dhabi, into

Dubai, into Saudi Arabia, and make it even more unstable.

And then also Egypt, as well as some other countries like

Turkey, have

also said they're gonna back Saudi Arabia, and then they got all the stuff going on

with the Syria and the Le- it... There's a lot of stuff

happening in this area of the world. Great that I live right here.

But ultimately guys, the UAE is very well defended with a-

with air missile

defenses with Patriot systems, but it's still not, um...

Th- th- the economy here is still not, like,

back to business as usual yet because

of all of this uncertainty. All I'm saying is, guys, I wanna me-

mention that,

because this r- might throw a spanner in the works for

global markets, and that's

why people are selling stuff. And that could even be a catalyst for the do-

this

whole entire AI bubble to, to pop. That's 'cause if oil goes crazy, then

it's more expensive for data centers and it's more, th- th- there could be a, a

trai- a tail-off effect here. And that we already know

that gold's falling as well.

So