Not One Inch Eastward – Ukraine Crisis and Gold Investment

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As of the moment of writing this text, there is a full-scale war in the big part of Ukraine. For those who do not want to dive deep in the history, this crisis has been developing in the past month or so, but in reality it has been there for decades already.

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After collapse of Soviet Union, all of a sudden Ukraine appeared on the world map as the third largest nuclear power in the world. They had more nuclear weapons than UK and France combined. The reason was simple, in the Soviet times, many nuclear bases were on the territory of what is now Ukraine.

Remember, there were also two more new countries with nuclear weapons, Kazakhstan and Belarus. Nobody wanted more nuclear super-powers. So all three of them were pressed by the rest of the world to give up their nuclear missiles, and as a result they did this and Ukraine declared neutrality.

But in the case of Ukraine this status did not last long. Do you still remember Maidan Revolution? Clearly encouraged by the US, they decided to join NATO.

It was far from certain that NATO would really ever accept them. Even president Biden said this clearly, assuming he understood what he was talking about (as you know he recently mixed Ukrainian and Iranian people, see the video). But for Russia this Ukrainian policy was not acceptable.

Sergey Lavrov claims that NATO expansion contradicts international treaties, such as the Istanbul Declaration of 1999 and the Astana Declaration of 2010, between members of the Organization for Security and Cooperation in Europe (OSCE).

According to what he says, in these documents it was accepted that independent states have a right to freely choose their military alliances, but they cannot strengthen their security at the expense of the security of others. As he sees it, the security interests of the Russian Federation were always ignored.

Not one inch eastward

Perhaps some of you do not know, but it was agreed long ago that NATO would not expand to the former Soviet block states. The phrase “not one inch eastward” is from the U.S. Secretary of State James Baker in his meeting with Soviet leader Mikhail Gorbachev on February 9, 1990.

Declassified documents show security assurances against NATO expansion to Soviet leaders. If you missed to see this before, please follow the link.

Well, this ‘no one inch eastward’ resulted in 13 East Europe countries from former Soviet block and Yugoslavia joining NATO, and the process is continuing. The result is what we have now, a full scale war in Ukraine. So this all suffering in Ukraine is about NATO broken promises.

Full scale war in Ukraine.

There are irresponsible politicians in the West who are talking about introducing no fly zone in Ukraine. Some were even calling for assassination of president Putin.

They missed to explain how this would be done. Will they destroy Russian planes flying over Ukraine. Guess what? Russia already responded and warned the West this would be understood as an act of war.

Uncertain future with the current war in Ukraine.

Can Russia win such a war with conventional weapons? Even they admit this is impossible. So what would they do? President Putin was very clear about this, they have nuclear weapons and they have an edge in this. So imagine.

It is unclear what happens next. The Ukraine war is becoming worse every day, and there may be new crisis in Finland and Sweden who feel they should join NATO. Russia has already announced there would be consequences if they indeed do so.

In any case, the Ukraine crisis can affect all of us in various ways. We are already facing much higher energy prices in the EU. This is not really because of lack of fuel, gas supplies are normal, but prices are higher several times as compared to just a few months ago.

With the war in Ukraine and involvement of NATO supporting the country against Russia, there is a growing fear of cyber attacks. Many people feel unsafe and are concerned about future and their life savings.

In the US inflation is at its highest level in the past 40 years. In such uncertain times, prices of precious metals jump. If you check what has been happening with gold you will see that its price was going up practically every day in February. No one knows how the situation will look in the coming months or years. There are several combing factors that are acting simultaneously and this could result in a major global crisis.

Gold and other precious metals have stood the test of time. They have always been the best way of protecting your assets. When everything collapses and loses its value, those who have invested in precious metals have the best chance of protecting their wealth.

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But they are not the only one, very similar services you have at Augusta Precious Metals, you can follow the links and compare.

Augusta Precious Metals Gold IRA sign up form.

Thank you for reading. Please check more in my texts related to gold and cryptocurrencies. Let me know if you have comments or questions, there is a comment box below.

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