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dynofish

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26/03/24

13:32

Post #: 73063472
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Originally posted by dtab: ↑

Further to my previous post, I asked GPT-4 about the Chinese strategy document "Unrestricted Warfare" and how this might be relevant for WR1 holders.

pdf of the book is here: https://www.c4i.org/unrestricted.pdf

GPT-4 replied:

"Unrestricted Warfare" is a book on military strategy written in 1999 by two colonels in the People's Liberation Army, Qiao Liang and Wang Xiangsui. Its primary thesis is that modern warfare can be conducted in a variety of non-traditional domains, such as economics, information technology, and law, to exploit the vulnerabilities of more technologically advanced nations.
Regarding the use of commodity prices, control of materials and materials processing, and financial markets, the book suggests that these can be weaponized as part of a broader strategy to undermine or defeat an enemy without engaging in conventional military conflict. Specifically:
Commodity Prices:The manipulation of commodity prices is identified as a means to destabilize an opponent's economy. By artificially inflating or deflating the prices of key commodities, a nation could inflict economic harm on countries dependent on those commodities, affecting their economic stability and security.
Control of Materials and Materials Processing:The book posits that gaining control over critical materials and their processing can give a nation significant strategic advantages. This could involve securing access to rare earth elements or other critical inputs necessary for high-tech manufacturing, thereby controlling an essential link in the opponent's industrial and defense supply chains.
Financial Markets: "Unrestricted Warfare" discusses the potential to use financial markets as a tool for warfare. This could include tactics such as dumping large volumes of a country's currency to devalue it, speculative attacks to destabilize financial systems, or manipulating stock markets to cause economic disruption.
The overarching theme of these strategies is the extension of warfare into the economic and financial domains, recognizing that the global interdependence on trade, investment, and finance can be leveraged to exert pressure on countries. This perspective underscores a broadened understanding of warfare, where military engagement is only one part of a wide array of strategies employed to achieve national objectives.

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Thanks dtab... yes it's unfortunate for innocent bystanders to be fleeced by foreign powers, but I believe there is more than a grain of truth in these writings. I have said on the LTR threads that I was full of suspicion when the Shanghai Metals exchange started to host a "futures" market in lithium chemicals.

Anyone who has reasonable knowledge of derivative markets knows that where shallow derivative markets exist that are cash settled, there is scope for shenanigans. Only yesterday there was a major correction in the GFEX July contract price which happened just around 24hours before the scheduled Albemarle auction today of two spot cargoes of 5k tonnes each.

Separately, back in November I attended the LTR AGM and in conversation with the CEO and Chairman, they remarked that their market intelligence had found that the major shorting of LTR stock was coming from Hong Kong based hedge funds. It is disgraceful that the Australian government regulators are seemingly condoning foreign interference in financial markets while pursuing outspoken policies on foreign political interference.

regards
DF
WR1 Price at posting: 81.5¢ Sentiment: Buy Disclosure: Held
25 Upvote

5 Great analysis

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