Terms of use and important disclaimer

1. Personal educational project

Terratrade, including its reports, maps, records, Flows and Faultlines newsletter and chat answers, exists for the authors' personal research and knowledge tracking. The site is not a brokerage, investment adviser, research provider, exchange, trading system or professional advisory service. Accessing the site does not create an adviser-client, fiduciary, contractual or other professional relationship with either author.

2. No recommendation, offer or solicitation

The site does not recommend or endorse any security, commodity, derivative, strategy, transaction, company or person. Nothing here is an offer to buy or sell, or a solicitation of an offer to buy or sell, any financial instrument. The content is general and is not tailored to your objectives, financial circumstances, experience, risk tolerance or jurisdiction.

3. A catalogue of what others have done

Descriptions of trades, market practices, supply-chain decisions, policies or conduct by other people and organizations are historical or explanatory catalogue entries. They are not instructions, models to follow, endorsements or evidence that the same action is suitable now or will produce the same result. Past conduct and past performance do not establish future outcomes.

4. AI-generated content

Content throughout Terratrade is generated or materially assisted by artificial intelligence. AI systems can misunderstand sources, omit context, combine unrelated facts, produce false statements and present uncertain information confidently. Human review, citations and build checks reduce some risks but do not eliminate them.

Independently verify every fact, quotation, calculation, date, source and conclusion against current primary materials before relying on it for any purpose. A citation or source link does not guarantee that the source supports every part of the surrounding text.

5. Accuracy, completeness and timeliness

Terratrade is a dated research snapshot, not a live market-data service. Information can be incomplete, inaccurate, stale or unavailable, and markets, laws, policies, infrastructure and company circumstances can change without notice. The site and all content are provided “as is” and “as available,” without any express or implied warranty of accuracy, completeness, timeliness, fitness for a particular purpose, merchantability or non-infringement.

6. Your decisions and risk

You are solely responsible for how you use the site and for every decision, transaction, cost, tax consequence, gain or loss that follows. Markets involve risk, including the possible loss of all money committed.

To the fullest extent permitted by applicable law, the authors do not accept and expressly disclaim responsibility or liability for any direct, indirect, incidental, consequential, special, exemplary or other loss or damage arising from access to, use of, inability to use, or reliance on Terratrade. This includes trading losses, investment losses, lost profits, lost opportunities, business interruption and loss of data, even if the possibility of such loss was known or foreseeable.

Nothing in these terms excludes or limits a responsibility or liability that applicable law does not permit to be excluded or limited.

7. Sources and external links

Links and citations are supplied for research convenience. The authors do not control external sites and do not guarantee their availability, accuracy, legality or security. A link does not imply endorsement. Review original disclosures and official data directly, and confirm that a source is current and authentic.

8. Acceptance and changes

By accessing or using Terratrade, you acknowledge these limitations and agree that you will not treat the site as advice or rely on it as the sole basis for a financial decision. If you do not accept these terms, do not use the site. The terms and the site may change without notice; the date above identifies the version displayed here.