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Thursday, April 2, 2026

So much winning - by No1 - Gold and Geopolitics

 In 2002, the Pentagon spent $250 million on the largest wargame in US military history called ‘Millennium Challenge’. 13,500 participants, 2 years of planning, the works. The idea was pretty straightforward: simulate an invasion of a Middle Eastern country in the Persian Gulf. Suspiciously resembling Iran. The purpose was to demonstrate that America’s technological dominance could steamroll anything in its path.

Full text:
https://no01.substack.com/p/so-much-winning?publication_id=4094764&utm_campaign=email-post-title&r=y7h5a&utm_medium=email 

One month. 88 waves. 40 destroyed energy assets across 9 countries. Seven supply chains severed. A yuan toll booth where the petrodollar used to be. A famine building in the planting data. A carrier in Crete. An AWACS burning in the Saudi desert. Cruise missiles spent. Bond markets screaming. Allies shutting bases. $12 trillion gone. And the only option left on the table is the one that turns all of this into a footnote.

We’re going to win so much.