RE:RE:RE:RE:RE:What Gives The Ukraine is caught in the middle of a global geopolitical battle over dominance for resources. There are no innocents in this world. There is not a single world leader out there spending taxpayers money to forge peace in the world. They are all buying weapons and arming themselves to the teeth.
The trillion upon trillons of military spending alone is enough to take every living being out of poverty and to take down the borders that are a legacy of autocratic control over people and territories. Before WW1 people virtually go where ever they wanted in the world.
War is good for gold. That is why gold is climbing. People, countries, and banks are buying gold to protect their wealth.
After WWII the United States when around the world opening up trade for U.S. products and convinced the Saudis to only take USD for oil in exchange for U.S. protection. USD became the global reserve currency. However, the U.S. has weaponized the dollar. They sanction any country that is a threat to their access to resources. USD held by sanctioned countries become useless.
Countries around the world see what is going on and for years now have been weaning themselves off of dollars. China has building up its gold reserves. All the gold mined in China stays in China. China has been stock piling resources over the last number of years.
Hang on to your Clibre shares.
Here is some more reading that gives some insight as to what is going on:
https://www.theguardian.com/world/2022/apr/09/understanding-vladimir-putin-the-man-who-fooled-the-world?utm_source=pocket-newtab