Okay - we'll take the bet. Do we? If I'm honest, I don't know...

Okay - we'll take the bet. Do we? If I'm honest, I don't know any other Junior Explorer who can offer that - but that's no use either.

There will be various pieces of bad news for the USA and the West coming together in the next few months. On 22 August, the BRICS countries (Brazil, Russia, India, China, South Africa) will meet to decide, among other things, on a new currency unit linked to gold. This unit of account is to replace the dollar in the BRICS universe for financing and settling trade. Besides the five founding members, another 34 states are in line to become members.The hegemony of the USA is tottering. The country is trying to defend its position of a unilateral world power, as it has been for the last 30 years. But the USA will not be able to win this battle. With 4% of the world's population, it can no longer dictate to the other 96% what they should and should not do. Not even China, with 17% of the world's population, can do that.

There will therefore be a multilateral world order, yet to be defined, but it is only just emerging. The BRICS+ now account for more than half the world's population, they control the majority of natural resources, own the majority of gold and their area is larger than half the world. While not a homogeneous group, it is powerful and controlled by China/Russia. Should the US oppose a multilateral world order, which it is doing at the moment, the world will become very troubled in the coming years and proxy wars loom. It would be better for the USA to take the diplomatic route and set a clear example as an example of morality, economic success, democracy and freedom. But in world history, such insight and yielding would be the exception rather than the rule.

In the coming six to nine months, there will probably be a lot of uncertainty in the markets. Contrary to the assessment of the majority, the risks are much greater than the opportunities. The roller coaster of the stock markets continues, this time probably downwards again.

Unfortunately, even solid results will therefore fall on a difficult environment - and the impact on the SP will be muted. HMX would have to find something huge to wake the market from its slumber and attract new investors. DYOR