Welcome to the live stream today, ladies and gents. And you must prepare. Apparently, we have had this pretty crazy report that’s come out. It says that, uh, you should prepare for war on British soil. It’s not just for British people—this is for other nations as well. The government’s just made this big warning in this new security plan for the UK. And that’s just one of the things we’re going to talk about today, because this report—I mean, I don’t know where they’ve come from with all of this. But we have got about 20 stories today. I’m going to summarize them quite quickly. I’m going to tell you about, save you a lot of time, with the NATO summit as well. Let you know what happened there. President Trump’s speech—I’ll let you know a summary of that. I’ve just finished watching it real quick; I’ve got you a summary of that. So, let’s get into it.

But we’ve got to start with the big one: this new warning on the security pact. We’ve got this new UK–US controversy as well over these nukes that the UK are going to be buying from the US—but they’re not allowed to use them unless the US signs off on them and all sorts of other things. So it’s going to be a pretty interesting one today.

So what does this new report say then? It comes from the National Security Strategy, and they’ve warned of an increasingly dangerous world, and you apparently need to prepare for this. It starts with Russia, it talks about Iran, there’s also China, there’s North Korea—it’s the four within the pact we’ve talked about before. They’re saying they have “concrete evidence”—I’ll take that very loosely—that there is already a very large amount of cyber‑attacks and sabotage that are directly threatening the UK. They warn that enemies are laying the foundations for future conflict, preparing to cause major disruption to our energy and supply chains to deter us from standing up to their aggression. Honestly, I think they’re reaching a little bit with some of this stuff. I think people are smarter than to read into this or to not read into it.

For the first time in many years, we have to actively prepare for the possibility of the UK homeland coming under direct threat. By the way, this is a government report. This is not some fringe outlet trying to get clicks. They say potentially in a wartime scenario, at the same time the threat from nuclear weapons is once again growing. Tackling this challenge is likely to be more complex than it was even in the Cold War, with more states, more nuclear weapons, the further proliferation of nukes, disruptive technology, and the failure of international arms control arrangements to keep pace.

They then go on to mention the small‑boat crisis—illegal migration into the country—and even radical Islamist extremism, which Neil notes he “hasn't seen that in a report for a long, long time.” But they also highlight “extreme far‑right terror.” They warn of novel threats, including new chemical and biological weapons, hypersonic missiles like those deployed by Russia, and artificial-intelligence–enhanced weapon systems. The warning is that these technologies will be available to a wider range of threat actors—it’s like sleeper cells arriving silently in small groups.

As part of building resilience, the government has announced the creation of a new £1 billion network of national biosecurity centres. They’ll also run an annual national exercise—modeled on the Pegasus national pandemic exercise—bringing together police, fire, ambulance, councils, the NHS, UK Health Security Agency, transport, telecoms, utilities, and others. The Prime Minister was asked about this and said the UK is facing daily challenges on the home front that it must guard against. Neil points out he “deliberately avoided” the question on whether there's a direct threat—mentioning cyber‑attacks or energy security—but disputed the government claim that Russia weaponized energy supply, clarifying the real reason UK prices surged was because the UK “refused to buy” Russian oil and gas post‑sanctions.

They’re planning spending cuts and new taxation to fund the increased defense outlay—“What a surprise.” The report references the Strategic Defence Review, China audit, and plans to back growth industries. Neil laughs skeptically as he sees social media cheers for “bolstering the security of the UK,” especially with small boats still coming in. He asks rhetorically: “Are you the only one that can’t see this?”

He goes into Russia’s threat and nuclear capability—Russia has tactical nukes—but casts doubt on the idea they want to attack the UK, calling BS on that. The report says spending on overseas development will be cut to invest in the armed forces, with more tough choices ahead, like boosting defense spending to 5% of GDP by 2035—4.1% by 2027—and deeper investment in the nation's wider security.

They mention Israel and Iran as threats to energy prices and note India and Pakistan are included but without detail. The cost‑of‑living may explode further and growth will slow, though Neil pushes back, saying domestic policy is at the root. The China audit, led by Foreign Secretary David Lammy, concluded that China’s spying and interference had increased, but the audit will not be published—deemed too damaging to national interest and potentially offensive to China. Still, Lammy emphasized that “China’s power is an inescapable fact … we must maintain this relationship.”

Moving to the UK–US nuke issue, Neil reiterates: “Britain will need President Trump’s permission to use nuclear bombers against Russia…under NATO’s nuclear‑sharing arrangements, weapons carried by UK’s new fighter jets will remain under US custody. Britain will need permission from Donald Trump to deploy any tactical weapons from its new fighter jets.” The UK is purchasing 12 F‑35A jets from the US, meaning British aircraft will carry nuclear weapons for the first time since the Cold War, “in preparation for Russia.” The UK won’t develop its own nuclear weapons, instead purchasing the US B61‑12 thermonuclear bombs under NATO’s sharing agreement. There's uncertainty where these bombs will be stationed, but the US is planning to station them at RAF Lakenheath.

He then covers the NATO summit. Before Senator Trump even arrived, controversy simmered—he cast doubt on US commitment to Article 5. “It depends on your definition,” he said. The media spun it as a refusal. He then reaffirmed commitment in person, “I’m committed to being their friends. I'm committed to saving lives.”

During the summit, NATO Secretary-General Jens Stoltenberg praised Trump: “My dear President, my dear Donald, thank you so much for pushing us.” Germany pledged to double its defense budget to €153 billion from €86 billion, saying it’s not for the US, but to counter Moscow threatening European freedom. Neil frames the NATO/Russia arms buildup as a chicken‑and‑egg cycle: NATO expands, Russia builds, NATO builds, and so on—ending in Cold‑War stockpiles that “eventually they decide to use.”

Germany will suspend its constitutional debt brake and seek EU approval to classify defense spending as exceptional, skirting deficits—Neil remarks: “Germany is broke … worse than broke … in massive, massive debt.” He advises a household in debt: “Maybe you should stop spending and address the debt.”

Germany also pledged €8.3 billion in military aid to Ukraine next year—“we checked this beforehand. It’s military aid—not aid with food parcels, it’s weapons.” NATO raised its defense‑spending target from 2% to 5% by 2035; almost every member, including the UK, has signed on (Spain exempt). The UK’s PM signed up to boost spending to 5% but hasn’t clarified the funding sources. The UK’s on course for 4.1% by 2027.

At the summit, Article 5 was reaffirmed. Trump held a private meeting with President Zelenskyy but made no new commitments—he merely reaffirmed existing Patriot missile support and repeatedly touted “big beautiful B‑2 bombers” and “America’s military technology is unmatched.” He criticized CNN, New York Times, MSNBC as fake news, and noted the US contributes two‑thirds of NATO’s trillion‑dollar defense spending.

Rumors of Trump pulling US troops from Europe circulated, but Neil dismissed them: 84,000 active‑service members are in Europe, plus families—around 200,000 people. Removing them would require massive logistics and new US bases, and would weaken US influence—something he deems highly unlikely.

Canada and the EU signed a new defense pact—mirroring NATO's Article 5-style commitment. This Security and Defence Partnership pledges mutual military assistance and support for Ukraine. Neil criticizes the framing that it's about “money … military equipment … weapon‑based support,” not humanitarian benefit or support for Ukrainian civilians.

He also notes the European Parliament is preparing legal action against the European Commission over a €150 billion defense loan program—a complex “rabbit hole” he plans to revisit in future content.

In closing, Neil reiterates thanks for watching, nudges again toward his courses (including gold and silver protection strategies), and highlights that gold is up 43.5% in US dollars this year—only 33% in euros and pounds—posing the question: why the discrepancy? It's time to hold gold as insurance in unpredictable geopolitical times.