Aris Mining Corp T.ARIS

Pepe Escobar: Eurasia Is Consolidating

[geezer21]

Pepe Escobar is a seasoned geopolitical analyst who has extensively reported on the Middle East.  When Russia used any of Escobar's articles the U.S. State Department claimed Russia used them for propoganda and missinformation but did not attack the validity of Escobar's work itself - smearing Escobar by association.

You can find more about Escobar on Wikipedia:  https://en.wikipedia.org/wiki/Pepe_Escobar

Escobar details the current shift away from the dollar to a Eurasian/BRIC/African centric trading block (in an article he released hours ago on The Cradle) trading in local currencies and using new transfer messaging systems outside of a U.S. SWIFT controlled transfer system the United States used to sanction multiple countries in a fiancial war effort to maintain U.S. hegemony.

https://thecradle.co/Article/Columns/19565

With debasement of currencies, essentially the USD, Euro, and Yen, Eurasia is shifting to commodity backed economic systems, accumulating gold, and selling US treasuries. 

A shift is already underway. Gold is now being drained out of inventories as COMEX gold positions are being converted to take delivery.  As COMEX paper liquidity falls, physical supply and demand is starting to play a bigger role in determination of the price of gold.

[Brioche]

He should explain why the usd made just days ago an all times hight against every Bric currency ....( except the rubble but....try to get a rubble... ) and don't even talk about thoses wanting to enter the club ( argentina , turkye etc..)  About the hegemony and the swift  sanctions , he should ask the ukrainian people to know their opinion ....( and by the way tbe european people )

[geezer21]

The US dollar is losing value against real commodities.  That is why there has been a commodity boom.  Inflation is not the price of things going up the value of a dollar going down.  Monetary expansion is the cause of inflation.  For example, if I see that you are giving me paper that you simply acquired by printing it for my real products that came at the expense of sweat

[geezer21]

As another example, US share of global R&D has fallen from 70% to 30% https://www.zerohedge.com/technology/usa-still-not-most-innovative-country-world

[geezer21]

To reinforce Escobar, "It’s not gold’s value that fluctuates, what fluctuates is the perceived and totally imaginary value of all these useless pieces of paper," Claudo Grass said in an article he posted on the Mises Institute website 14 December 2022. https://mises.org/power-market/gold-money-everything-else-credit Hold on to your gold and gold stocks.