Investment Tip. Insider Information You Can't Use Just Yet. Dear Friend,
About two weeks ago the FT published an article about the beginning of a race to the bottom of the sea to recover precious earth metals.
Precious earth metals are precious because there's a limited supply and they are used in everything from mobile phones to electric car batteries.
They are therefore important because they provide the means for the world to transition to a low-carbon future.
This will help us reduce the risks from climate change.
What's holding things up at the moment is a debate about the pros and cons of deep-sea mining for these precious metals.
The pros are that the stock of precious metals in the seabed is vastly greater than the limited stock on land, which have almost run out.
The cons are the potential detriment to the deep sea ecosystem and the expense involved in producing the equipment and technology to do the mining.
As well as this there's a UN mandated organisation called the ISA (International Seabed Authority) who grant licences to countries before they can mine.
This is to prevent a disorganised free-for-all 'gold-rush'.
Shri Mataji may have an indirect link to this.
The ISA came into existence in 1994 through the UN Convention on the Law of the Sea (UNCLOS). UNCLOS works in cooperation with the UN International Maritime Organisation (IMO).
The leader of the IMO at that time was Secretary-General Emeritus Dr. C. P. Srivastava, KCMG.
Sir C.P, as he was called, was the husband of Shri Mataji and was greatly influenced by her.
I've asked ChatGPT, out of curiosity, what the investment opportunities are around deep-sea mining. It gives some interesting suggestions.
You should try asking as well. More below.
Also below: 2 books to take the worry out of your health; and, the joy of getting yourself together.
Best wishesP. PS. Moon Calendar (at end) this coming week: Mon. 2nd June - Saptami (You can do it); Tue. 2nd - Durgashtami (She stoops to conquer); Wed. 4th - Navami (You're protected); Fri. 6th - Ekadashi (Success through discipline). |
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