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Alasdair Macleod: Biden's last throw of the geopolitical dice

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 25, 2021

In a continuing cold war, America is already on the back foot. We have yet to see how long it will be before the Biden administration realises its few victories will be unaffordably Pyrrhic, and by merely not responding to American provocation the Chinese/Russian partnership will emerge as the victors.

... Dispatch continues below ...


Granada Gold Discovers High-Value Rare Earth and Alkali Metals

Company Announcement
Tuesday, March 23, 2021

ROUYN NORANDA, Quebec, Canada -- Granada Gold Mine Inc. (TSXV: GGM) is pleased to announce the significant discovery of scandium, rubidium, and cesium on the Big Claim of the Granada Gold Mine property in Quebec, Canada.

Results are preliminary and full core lengths have not yet been assayed in two holes drilled at the north of the Big Claim.

The company encountered unusual facies of altered rock, which has been sampled in portions of the drill core. The mineralized portions of the core have been assayed for 56 metals. Additional assays are pending.

Portions of drill holes GR-20-20 and GR-20-22 were sampled. Assays for GR-20-22 are still pending. Based on recent assays for intervals sampled, the intervening intervals are being sent for assay to create a complete picture.

Highlights of drill hole GR-20-20:

-- 13.5 ppm Cs, 101.8 ppm Rb, 21 ppm Sc over 12 meters from 351 meters to 363 meters.

-- 3.5 ppm Cs, 69.1 ppm Rb, 13.8 ppm Sc over 98 meters from 451 meters to 549 meters.

-- 1.1 ppm Cs, 42.1 ppm Rb, 12.2 ppm Sc over 15 meters from 573 meters to 588 meters. ...

... For the remainder of the announcement:

Halford Mackinder’s century-old vision of a Eurasian superstate, based between the Volga and the Yangtse, is becoming reality. Commentators usually fail to understand why; it is not due to military superiority, but down to simple economics. While the US economy suffers a post-lockdown inflationary outcome and an existential crisis for the dollar, China’s economy will boom on the back of increasing domestic consumption, which is an official government objective; and increasing exports, the consequence of America’s stimulation of consumer demand and a soaring budget deficit.

The Chinese-Russian partnership already dominates or controls Mackinder’s World Island, defined as Eurasia and all Africa. South-east Asian nations notionally in the US’s sphere of influence are firmly tied to the partnership’s economy, and the overland and sea silk roads similarly bind the EU and the Indian and Western Pacific Oceans’ states respectively. It amounts to over half the world’s population no longer sharing the economic and currency interests of 328 million Americans.

This article summarises the background to the geopolitical situation facing the Biden administration before concluding that in the current cold war against the combined power of Russia and China, America will fail in its political objectives, not through lack of military power, but due to economic forces. ...

... For the remainder of the analysis:

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