Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
'Creating opportunity for people through responsible mining' suggests necessary commitment to ESGs. As Mark Carney said, any company that doesn't commit to this will become extinct.
Mr T
I'm not sure the CEY board is the appropriate place for this debate so I'll be brief.
1) What is disinformation?
2) How do you define truth?
3) Who should make the rules? Who are the arbiters of 'truth'?
4) 'Big sanctions' are a big stick to enforce obedience to whatever is deemed to be 'true', 'factual', or whatever the self-appointed arbiters of orthodoxy want promoted.
5) Paradigms of 'truth' evolve though open debate. Sometimes the change is revolutionary (Kuhn's paradigm shifts). The plasticity of truth should lead us to openness and humility - otherwise we're merely transfixed by whatever anthropogenic delusion is the fashion.
6) We're still in Plato's cave looking at shadows.
Sotolo,
Thanks for your kind remarks.
It really comes down to people using this silly term' disinformation' to try to snuff out information they cannot accept. It is the modern day equivalent of putting your fingers in your ears and refusing to listen. I like being challenged by alternative viewpoints, it helps inform me.
As for PMs I still think we have the preconditions necessary for a significant bull run. I don't know how long the Fed will be able to prop up the dollar for but it will not be forever, and when they slacken off PMs will sparkle again.
86p here now, let's hope that long-term support has provided us with the bottom.
Mr T,
I'm not going to get into the rights and wrongs of Brexit, Trump, Ukraine, Covid etc. There is plenty of information out there from official and unofficial sources that lead to diverse opinions - and that is how it should be.
Clearly online bullying, harassment, paedophilic content etc needs to be policed - and it is currently. Good.
However plurality of opinion and free access to a wide variety of information and sources is the lifeblood of a healthy culture. You may believe things I disagree with but I absolutely defend your right to believe them and talk about them. We can then debate and the dialectic we have will enrich us both.
This dialetical approach is how science, politics, the arts and all other forms of human enterprise remain vigorous and healthy. No science is ever 'settled' and that is true for all other areas - to say otherwise is to descend into dogma - and that is the lifeblood of authoritarianism.
I am really concerned that a narrow orthodoxy is being foisted on us all - Orwell saw it and raised the alarm, others need to see it clearly now. The powers being taken currently may be in benign hands now, but that is no guarantee for the future.
Legislation to curb free speech online is a VERY dangerous road.
Definitions of what is 'misinformation' or 'offensive' will be open to political control.
We already have legal protections in place for grooming, harassment, hate speech etc.
This is designed to shut down legitimate debate and leave the way open for statism and propaganda. It is only good for control freaks.
No change in the company fundamentals.
Across the market shares are testing support levels - I wouldn't be surprised if we see the 600s here again.
This is a market where the herd is being panicked and the predators can get easy meat.
No, of course not!! The algos will not 'fail', that would indeed signal the end of things as we know them. They will, as I said, do the reverse of what they are doing now and go against the dollar and fiat in general.
Algos exaggerate trends. Currently the trend is clearly against PMs but that is not going to be forever. When they reverse they will exaggerate the uptrend for PMs and miners.
As for 'comedic' I accept your apology.
As for 'algos' we all know that. It's hardly news Slater. What matters is when the reversal happens. There will be a day when the algos track and exaggerate dollar/fiat reversal - that day is not today but there will be a day and that is our day. Surely you see that?
It is true that the dollar is the belle at the fiat ball and some very rich and powerful people/institutions are very happy with that situation.
However this debt based fiat system is fundamentally dysfunctional. Civilisations require sound money to thrive, as we have incrementally moved away from sound, asset backed currency financial instability has increased. This current system has limped on since Nixon removed gold backing for the dollar but it is now becoming untenable.
Central banks have 2 basic levers, they can create more fiat currency or raise interest rates. One of these devalues the currency and causes the inflation, the other increases the cost of fiat based debt. In a debt based system this is disastrous. For how long will the confidence trick continue? Who knows, but it will fail.