That Russian asset freeze and decision by the G7 to use interest to fund Ukraine an eye opener.
Besides really pissing off Vlad it reinforces the idea BRICS nations will continue to disrupt the USD as the world’s default trading currency, the idea that all global trade is denominated in USD and will find itself at some point going through the US banking system thereby open to seizure must not sit well with our Chinese, Indian & russsian friends.
Looking at the POG, the continuing disconnect with our Au majors leading up to 4E and D reporting periods. Garage still long Au, not even bothering with Au small caps.
Made a note to reenter A1M @ 45 after free carry month or so ago, looking at the chart maybe 40, reached 42 during week. Management very good, that CR play at 52 for $50m on the recent Cu spike a thing of beauty, gotta luv it when the sophs & insto’s get played, that’s the type of management team you want in your corner. Other small caps seem to raise thru desperation on 52 week lows at massive discount to market, those companies are telling you something and it’s not complimentary to the board. (or the future of your investment.)
Talking about being complimentary, why does humanity obsess with trying to replicate its own image via robotics, surely robots are just very very very smart machines, why not let functionality determine their appearance? It says something about the human condition that the boys in the garage find somewhat intriguing and not in the least bit flattering.
Nature has come up with absolute brilliant designs to embody intelligence for functionality, take the noble cockatoo, a beak that can act as a hand, 2 feet that can support but also hold. Wings to get it from A to B without fossil fuels, one of a million examples.
So why do we spend billions (trillions?) trying to replicate a somewhat dodgy biological design(us) to help us?
Is there some rule that dictates the perfect design for artificial intelligence to assist in say an age care centre should take human form? Why not an octopus with the advantage of multi tasking arms?
Frank saw the video below just before he went into hibo the other day, pretty sure he nailed it from the log in a torrid commentary of blue.
“You tossers really have your heads so far up your own backsides, discounting logic and rationality at the expense of self-obsession, it’s a wonder you idiots (humans) all don’t walk around with permanent skid marks on your foreheads, tossers! Actually to be fair the vid did touch upon functional design to support aged care but you guys really should start looking at the mirror less and get over yourselves, what about a 'super bluey' for distribution of liquidity at the speccy end?"
