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Opel's cat hopefully this video will
have more light on it one of the things
I wanted to talk about in this channel
is very mental impacts and threats to
humanity and the planet by our use of
the planet and one of the things that
isn't true which I believed was true but
I looked it up is the whole issue of
rare earth and metal removal from the
planet we use vast vast vast quantities
of rare earth and metal minerals and
metals but one of the things that a lot
of people on the left and people believe
in ecology will tell you is that we're

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gonna run out and we're gonna run out
soon and hello mr. beer and you can
actually see that in some of the slides
coming up but it's not actually true and
I looked into it it's not true we're not
gonna run out in the near term or the
medium term a very rare earth and metals
so one of the things I did was I looked
at mining journals and this one is
called mind into extract runt mind into
extinction is the world running out of
critical material minerals mining
technology magazine so logically we
would say we are running out of stuff
logically we would say that the almost
doubling tripling every decade of use of
certain materials would inevitably cause
those materials to become extinct or

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unavailable it makes logical sense but
it's a logical fallacy and I'm gonna
explain why of all the minerals mined
over the centuries have any been
forgotten our mind into extinction and
more importantly is mankind humankind
in danger of running out of critical
resources so this guy Julian Turner
talked to dr. Lawrence mynhardt
deputy Association of director for
energy and minerals at the US Geological
Survey the issue would be have they yes
I can think of one a brazilian Brazilian
was used in cardiac arrhythmias and
round about the 19 early 1990s we
completely ran out of it
and we didn't have a name on there to
use other stuff so I that's one right
there that's not covered in this article
they talk about 1987 and a place in
Greenland where had the only minor bulb
resource of a mineral called cryolite

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and cryolite been discovered in 1798
cryolite was in part from aluminium
smelting and a few other things and
basically by 1987 and mine just ran out
if you usable cryolite and the world
moved on and mine heart points out that
in the Stone Age Flint was extremely
valuable and but currently the obvious
need for Flint arrowheads has diminished
so the mining of Flint has effectively
stopped the world did not run out of
Flint it just became less enticing to
actually extract it economically talks
about the Romans prising salt very very
highly which is very true and obviously
any loss of technological society salt
would become extremely valuable again
hopefully not Flint but it might so he
says basically the centrality of salt to
the world's economy is now much less
than it was in the past okay so the
argument seems to be we run out we run

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out or becomes economically unviable to
mine we just move on to something else
okay but at some point logic would say
we're going to run out of everything now
he says that metals iron copper and
aluminium have skyrocketed especially in
the recent past and he says rare earth
elements are much more important in 2018
and the Ember were even 30 years ago and
that's definitely true wind turbines
cellphones hybrid car batteries all of
that sort of stuff
require
emmaus of rare earth mouths so he points
out that lithium is now in huge demand
because the electrical car fleet not
just for mental illness and one of the
interesting things is because his
reserves versus resources he says that
it's very important to understand that
neither reserves nor resources are the
same as all there is he says you don't
just run out of minerals
he says the world reserves of almost all

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commodities are greater now than they
were 5,200 years ago even though large
amounts are being produced that's true
we're using vast vastly more so the
amount of annual use - the amount of
reserves has probably fallen which
should worry people to some degree
obviously cycles try telling you not to
so in terms of reserves versus whatever
I found from a different site reserves
are an engineered number that are based
on economic viability technically
speaking there are small small
concentrations of gold everywhere it's
just not usually viable to mine low
concentrations when we quote run out of
each mineral in the chart that at the
end will be based on its current
reserves and prices if the price doubles
and suddenly we come our economics if
I'm are reasonably true it points out
that to find and develop economic use of

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a rare earth mineral deposit takes from
exploration to discovery to actual
mining of the rare earth takes between
10 to 15 years and only 10% of early
exploration for rare earth minerals
actually finds currently economically
viable deposits which i think is fun
so china produces more than 90% of all
the current used rare earth mouths and
mineral production China recently
claimed that their supplies of
dyspareunia neodymium and LAN
fannia m-- which is very useful for a
lot of different things nuclear weapons
and laptops could be exhausted in 20
years this upset people and caused the
commodity market to panic no mind how
unsurprisingly does not share Chinese
government's pessimism what the Chinese
government's do with their pessimism is
they're buying up all the supply of a

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rare earth minerals wherever they can
find them which i think is interesting
so the critical earth mineral air air
earth minerals are important or China
says over run out in 20 years so it says
they have 20 decade's worth of stored
stuff that they have a mind yet or
produced yet now if the acetate to run
out then the probably increase drilling
and they'll probably find more it's kind
of his argument he uses the example of
zinc zinc in 1950 United States
Geological Survey estimated reserves of
zinc is 77 million tons metric tons in
2000 they announced the reserves were up
to 209 million metric tons copper and
everything else has explained similar
increases because back to mentioned
cryolite still exists in museums and you
can go and find it at the old mine site
it's just not worth mining anymore but
if he says claims if it was then it

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would be good now the main thrust of
this I think is kind of important I'm
gonna hold that for a couple of minutes
just to throw some interesting facts to
everybody
62 64 separate elements from the
periodic table are actually in almost
every single mobile fault and usually
minor amounts but they're really really
important so we can lose some rare earth
elements and we can still use mobile
phones and laptops and digital cameras
but they'll run a lot slower than we
used to or we would like he points out
the Japanese call rare earth metals the
seeds of technology in a large degree
that's true when this other study cover
gradle looked at this he said the best
substitutes for 92 of these rare earth
metals it found that 12 of them had
absolutely no substitutes they could
find what so
and none of the 62 metals would actually
have a substitute that covered all their
current uses so what we use and how we
use it it's going to be kind of critical

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so we're not going into it in twenty
years from now just suddenly run out of
most of the rare earth metals but what
is probable based upon current evolution
and economics terminal decline the
terminal decline suggests an
irreversible change that ends in zero
now that's not happen for any of the
90-plus commodities currently trapped in
a stove United States Geological Survey
but in addition to supply disruption
because the supplies could follow the
could be disruption but their argument
is we'll find alternatives or find more
that's now becoming economically viable
is the question of impart dependence but
I think in part dependence is the
critical factor here for Preppers and
for anybody interested in the economics
of the world element
according to the 2017 mineral commodity
summary the United States of America is

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now 100% reliant on foreign sources for
twenty different mineral commodities and
imports the majority of its needs for
more than 50 separate commodities thus
supply disruption is allowed to be more
immediate consideration supply
exhaustion are running out of a
particular mineral source so yeah well
the the left have said that we're going
to run out of these material by lithium
and and certain types of iron indium and
the few stuff like that and that I say
will that collapse that's highly
unlikely I kind of agree with the
mineral survey I think we'll find
different substitutes and I think we'll
find economic viability to harvest and
collect different types of them we will
also become more economic recycling some
of these minerals though it's hard to
recycle some and the article I'll link
does give an example of silver for that
but the idea of an interconnected world
is that China won't just stop printing

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cell
Canada and America rare earth metals
because China will need our stuff for
its own economy the danger here is if
China or America or Russia or India
develop enough of its own economics that
they want all of the rare earth metals
that they've got and at the same time
don't feel any particular severe need to
keep the economies of the other
countries of a dependent on their
exports afloat a classic example of this
is Japan in 1941 Japan got in a lot of
trouble for attacking America without
declar declaring war however one could
argue America done declared war several
years before when he decided that Japan
could no longer have oil
unless Japan pulled out its war with
China Japan probably rightly so looked
at that as an undeclared economic war
and attacked militarily to try and get

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access to oil supply in Burma and which
it did quite successfully for a time and
then got destroyed so the rights and
wrongs of the Japanese American War a
neighbor Hina there what is important
and instructive from that is I think for
myself unlike Germany I think you can
argue very strongly that the Japanese
Pacific War of 1941 to 1942 was almost
entirely caused by economic need by
economic shortfall the half nations
decided it didn't like the politics of
the have-not nation and shut the door
when the door was shut
that have-not nation Japan did not take
that well and I think that's an
important lesson for us all
follow commodity prices if you see oil
and gasoline and liquid petroleum
starting to spike anticipate a shortage

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and maybe stock store up yourself if you
see wheat futures and rice futures
skyrocketing go out buy up a load of
stock so that because there is a chance
of supply will be crushed and you can
say if any particular commodity you
might want to look at
that's all from me hopefully you're
enjoying the new microphone I am and
hopefully the camera will be a little
bit more clearer than it was a piss-poor
uncle Al's video are aware and worry
about things you need to worry about
don't worry about things people tell you
to worry about
fellows
we are spaces dead

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me
right

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Tower
saying
now stars
sensation

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you
