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Frequently Asked Questions
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This global intranet site page serves trade advice and opinions to USCT and registered SPCT members using in-house terms of reference, that said members understand . This site page is not suitable for ill informed traders
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FTNX BUSINESS 2025
PA DLC
PCT TRADE WEBSITES
GROSS PROFITS AND TAXATION
ALUMINIUM ON THE RISE
CYBER-BIKE UPDATE
ZEHED BIKE PROJECT UPDATE
PRE PAID BOL/ EXPENSES INCURRED
USA IMPLOSION
AGREEMENT IS PRINCIPLE (AIP)
BUILDING MATERIAL SHORTAGE
MUSK HAS HIT THE JACKPOT
THE STORY OF TWO COCKS.
PEACE DEAL UKRAINE
Zelenskyy AMBUSHED
HOW TARIFFS WORK
FTNX EURO CURRENCY
APPLE IS STILL THE ONE
TARIFFS AND PCT UPDATE
TRADE ISSUES
SUMMARY USCT MEMBERS
FTNX BUSINESS 2025
FTNX TRADING YEAR
SPCT Members Information
22 Nov 2024
FTNX.net is to be treaded as a intranet by SPCT members as such FTNX does not apply the efforts needed to rank it websites. The Intranet aspect means we will be using in-house terms or references that suites SPCT and USCT members. FTNX will be concentrating on key products for the 2025 trading year.The FTNX Index has all details for current (2025) members to use, when sourcing goods for FTNX via ITB or AOS. FTNX will only consider RFQ and OTS from a SPCT members to initiate a support process. If a supplier comes directly to FTNX, they will be asked is a SPCT member has contacted them. If the answer is ‘yes’ they will be asked to return to the SPCT member or P.A to finalise the inquiry. While the Zehed-bike is nearing completion, FTNX will be considering only large revolving contract of supply as secured by SPCT representatives. Securing Coal, USLD2 , Copper Cathodes and Sugar and possibly an LNG contract etc..etc.. will be our main focus. FTNX business focus will also be aimed at China. FTNX will sell raw materials as well as source goods from Chinese manufacturers intently, as China continues to be a safe country to do business with in where all their main banks are able to handle high DLC’s. FTNX will also gear its supply focus on Africa and Latin American countries. SPCT members securing or selling goods into India , for FTNX to close, is applied at the discretion of FTNX, as a large growing number of Indian manufacturers are suppling Russia with goods, and taking their refined petroleum products at a discount , in contrary to USA economic sanctions. Indian manufacturers, banned by the USA will not be able to do business with FTNX. Trading houses are also banned from doing business with FTNX as most to date , especially those based in Asia and Japan have acted dishonourably in the past. The pre advised DLC process will also be heavily tested in 2025. Products for countries bearing USA, and Australian sanctions are not considered. New office hours: FTNX will be online daily AEST from 6.00 AM to 2.00 PM Friday to Monday from January 2025, to ensure a live connection to SPCT members on the other side of the world . Contact from Tuesday to Thursday AEST is at FTNX discretion. Our private members Gmail address remains active for 2025. As for doing business with Ukraine. While goods are being exported and imported, into Ukraine , only insurance cargo institute clause "C" and not Clause "A" is offered.Likewise any delivery into any war effected Zone.The SPCT offer should reflect to included an added (up to) 8.0% to the price of good delivered at CIF when goods are offered into war zones. No products serviced by FTNX to Isreal for 2025. As for the USA, FTNX will wait to see what devastation TRUMP will cause once in office.
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PA DLC
PA DLC
SPCT Members Information
23 Nov 2024
For the 2025 Trading year the request for a a confirmed credit is paramount , even from a top 100 bank; however in trying times the use of the PA CIT DLC payment instrument will be greatly applied as more considerations are needed to close a deal while appeasing the demands of the supplier and end buyer. The PA CIDLC means the end buyers will obtain a PPI as the first document to be presented , way before the actual delivery date, once the instrument is lodged within 7 days of contract being signed. Once the PPI is lodged with the end buyers bank via the PCT bank , the PA status is removed.All cost of issuing the DLC is for the account of the end buyer in lieu of accepting a PA CIT DLC.The S PCT may also consider issuing a IH DLC to the supplier once the PA status is removed form the DLC held.
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PCT TRADE WEBSITES
WEBSITES
SPCT Members Information
25 Nov 2024
The PCT is ostensibly wasting their time depending on their website to generate business; the internet has become an unfair play ground. Keywords don’t means a thing. This has been the case for the last 9 years after Google changed its ranking aspect to heavily promote only website who spend money with google to advertise their site often. It was easy to secure ranking pre 2014. This aspect is not more. Add AI to the mix and a totally confusing and poorly applied search engine application are considered to offer an ineffective search aspect which now is only serving the public in a general and broad manner. The internet has become convoluted and a scam laden place which now is mostly geared to extract money from people looking to buy goods online or to serve porn and the likes. The SPCT endorsed PCT uses the internet to obtain information and to secure suppliers which has to be verified there times minimum, from three different sources online before the information obtained is deemed safe to use. A PCT sets up a minimum website, to serve only information to others, advice about the nature of your business, so that potential customers do not need to ask for such information, when contacting you . In this light ensuring that the PCT indicates clearly matters of payment and procedures will ensure that only genuine seriously minded customers will approach you. This may slow business down, but in return mostly genuine customers will make inquiries to you. PCT ’s who are still lucky and have an analogue facsimile machine at home (I don’t have an analogue land line to use a fax anymore in Australia; thanks to very short sighted politicians who thought to make the fax machine redundant.) the fax machine is a very safe and very powerful tool when trading as 70% of all suppliers and end buyers still use facsimile machine to conduct conducting business, privately and safely as a fax machine cannot be hacked. FTNX sill uses old fashioned postal service to serve offers and general inquiries to potential supplier in the last 5 years with great success– attracting business at a much slower pace does not mean no business – but good business.. Do not solely depend on the internet to generate business ion 2025 is my point. End buyers and supplier simply put, don’t care how good your website looks how much you spend to maintain it.
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GROSS PROFITS AND TAXATION
GROSS PROFITS AND TAXATION
1 December 2024
Western democratic countries would be familiar of the following aspect is some form. So a monthly revolving deal was closes where the PCT has grossed US$60,000 on the first delivery. The PCT is accordance with TRIBE Rules of Association and the issuance of an IPG , prepares a pro forma invoice (PFI) to ISS members who assisted enclosing the deal with the PCT and forwards a copy to each person via email - within 7 days of the deal formally closing. Two ISS member were apparent ; (one on the end buyers side and one on the suppliers side) as such each will receive US$ 12000 each- per month of the life of the contract.The ISS members signs the PFI and returns it via email to their ‘Principal’ within 7 days of issuance, who acknowledge receipt. The PFI is returned with the applicants address, contact details and bank details. Upon receiving the PFI , the Principal deposits into the account of the relevant ISS, the formally declared payment of commission. The same process applies for all monthly deposits from the first, as the first issuance was to show new applicants what the process applies as an educational aspect– it’s only the first PFI that the PCT issues. ISS member thereafter must prepare their own PFI as each delivery date nears, and forward such to their Principal , in the same manner as already indicated above. The PCT must have such a PFI in hand signed and authenticated in support of any IPG issued prior. The payment of commission is then deducted from the gross profit earning - along with any other tax write-offs available to the PCT, regardless if trading under their own name or a company. This is a very important aspect as already confronted by FTNX; if the IPG and supporting PFI is not in hand , the PCT’s earning for the full amounts- will be declared, incurring the relevant full income tax rate for the whole sum. A PCT may via ‘all legal means’ apply write-offs so as to pay minimum taxes ; note the term ‘all legal means’ which means the the PCT has the legal right to pay the minimum rate of income tax. ; as such a creative aspects to do as much can always be found. If the PCT fails to apply the above when a deal is closed and publicly declared, problems may arise , I.e: the taxation department may actually contact the people involved in the deal, no matter where they are located to verify the claim of the PCT to test what the PCT has claimed a to be full earnings is true and correct. Declare your earnings and mitigate your commitments by ensuring you have paperwork secured to back up any claims of earnings made.
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ALUMINIUM ON THE RISE
ALUMINIUM ON THE RISE
3 December 2024
Aluminium core products are rising is price and quality is being effect. Aluminium obtained from bauxite comes in al least in three methods of production. SPCT members looking to secure Bauxite or aluminium products note . Bauxite being processed by the ‘Bayer,Alcoa or Toth method ’ is the type of aluminium we eagerly source . Impurities around d the 0.2 part per million is a standard base application for good well produced alluvium products. Whatever the needs there is a quality of aluminium to suite.China and USA compete on Bauxite .Sth American mine at at Suriname , is owned by Chinalco, a Chinese company,Likewise Alice (USA owned) In Australia is resting bauxite mining, as such SPCT member must research suppliers intently if they are sourcing bauxite.All producing countries have, are are going to cut back on the mining of Bauxite including the he worlds largest exporter in Guinea (African) as well as Australia, Brazil and even China as competition heats up. Guinea ore has risen from 50% to now over at around US$ 80.00 per MT EXW not far behind the Australian average price of US4 60.00 per MT EXW. Aluminium prices in the last 14 months have risen by nearly 140%. The next big thing which FTNX has been testing in the last year the export of aluminium cans, but such can needs to be refined and sleeted again, hence Government agencies paying a ten cent levy on retuned cans; means the cost to man such an aspect starts at AUD$700.00 . Around 70,0000 cans make one MT. From collection depot to transport, storage , smelting ,maintenance ,FCL hire an added value component is AUD$500.00. A PCT looking to secure large quantities of aluminium cans take note the FCA starting price of at least US$980.00.00 per MT applies and must confirm to specification that cans have 98.0% aluminium content or more.. If this tenuous link between the Sth American supply and China is broken the price of aluminium ingots will soar. It cost around 90% less to smelter cans than bauxite; mitigating emissions accordingly. Another product to keep an eye in 2025 is Silver.
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CYBER-BIKE UPDATE
CYBER-BIKE UPDATE
Investment Projects and Successful Intermediary (ISPI 2026)
8 December 2024
Advice for hose who have been following our website listing. The ZBIKE had its first test run last month to test the ‘peddling’ side of the application. I was peddling the bike for only 95 seconds and was getting excited on how this large heavy vehicle was performing- as intended, when its rear tyre shredded to bits. It seems we can get to the moon, discover black holes, make useless arms to catch equally useless rockets, and make electric products (that catch on fire) but when it comes to supplying expensive ‘industrial rubber’ to fit a 1.1 metre diameter round steel plate with no lip, engineering nouse once prolific in Australia seems to have disappeared, after seeking advice from many ‘rubber ‘ supply specialists. I say no lip, because nobody was able to produce a lipped rim either ( not for a reasonable price) Never being the one to say ‘no,’ again I had to waste a full month to work out this one issue - which I did. The best rubber to put on the Zbike rear wheel is the butadiene rubber obtained from used tyres. It seems the ZBIke could indeed use “used car tyres’ and in doing so help to keep such products usable for much longer, serving added support to the ZBIKE ethos. The energy and emission to make car tyres had already been used. Disposing rubber tyres is a growing problem. A tyre bank to buy back used tyres bearing 50% tread or more for lets say $5.00 each , for use as Zbike rubber on its rear wheels , as well as a whole host of other rubber based products like bumper strips , footpath anti-slip pads, and the likes has real merit , eliminating further an industry notorious for producing highly toxic emissions. I had purchased ( was gifted) two 20 inch used tyres and found that the centre strips was exactly 50 mm wide, (other tyre brands when checked all have a similar centre strips ) matching the the width of the rim. After great endeavour, we found a way to cut out the strip in and inexpensive clean manner that sears the steel belt component as well. Heaving duty 10 mm bolts recessed into the tyre as well as grip silicon was used to fixed the rubber onto the flat steel rim. The Zbike testing yesterday produced what we needed - a tough rubber that was fixed on a steel plate with no lip. The test lasted one hour withe rubber remaining fixed as fitted.The next test on the rubber , will come when the motor is made operational. The entrepreneur must always have an open mind and work out how to make a difficult scenario workable and not simply be defeated by an issue.The entrepreneur must also look for added opportunities within the scope of current business as well.
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ZEHED BIKE PROJECT UPDATE
ZEHED BIKE UPDATE
1 JAN 2025
(1) The ZEHEDBIKE does not need batteries to run its 26 Amp motor, but having a small 12 volt battery ( size of a small motorcycle battery) attached allows for the storage of the Sun energy when Zbike is parked outdoors.This will add a ‘turbo effect” to the ZBike motor; extra power for use when needed ( especially in colder countries/or when climbing steep hills) FTNX is developing the first non disposable battery shunt pack exclusively with the ZBIKE where six cells each containing a gram of silver makes up the anodes and where the filling medium is carbonised charcoal. This makes for battery which is chemical free, last for ten years or more, is easy to dismantle/ to recycle, where the silver will become instantly sought after carrying market condition values. Dumping/stock piling of dead batteries will become a thing of the past. The carbon is returned to the ground as a soli conditioner. (2) To make a wheel without using highly polluting rubber will not eventuate on the first release of the Zbike, but work is being developed where we feel tyres can be eliminated in the near future - in all vehicles. R&D development has been included in the business plane. (3) The ZBike is now around 70% complete. (4) 2025 will be the year of heavy testing before the ZBIKE is formally revealed to the public. The investment project and supporting promissory notes will be offered to potential investors to build the first assembly plant. (4) SPCT members and FTNX will be handling all ZBIKE matters to do with exports; as such this side of the market is already covered. The ZBike is designed for longevity where analogue applications will prevail. When the electronic and AI world falls apart, such will not affect the ZBIKE. Leaving your car at home when taking short trips using all the comforts of a car with cost, as offered in the ZBIKE makes a lot of sense. The ZB is for all people world wide hence the sell price is going to be low for the kind of technology used. Current estimates suggest that at least 6 plants around the world will be needed to satisfy ZBIKE demand over a 25 year period minimum. Current investment capital fluctuates as the business plane is developed. Currently AUD $37 Million dollars for 75% share profit is being evaluated, where $2.00 per unit share is also being considered. Returns with in 3 years of the first plant operating will be exceptional.
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PRE PAID BOL/ EXPENSES INCURRED
PRE PAID BOL/ EXPENSES INCURRED
17 Jan 2025
Under CIF incoterms proper , the supplier orders the carriage of goods and books a vessel accordingly. Scheduling needs to apply to affect this aspect. Many large commercial ports are booked in advance and that ‘delivery in 30 days’ is only possible if the end buyer understands the process intently. You have the initial inquiry , which could lead to an offer . The offer is signed to which the supplier advises a contract. The contract is signed and sealed .This aspect could take up to 6 weeks to formally close.The 30 days a delivery aspect is applied with the understanding that when the offer is accepted, a legally binding aspect becomes apparent. This is the time when the supplier is meant to schedule it own delivery to port of loading.This is also the time when the supplier incurs actual expenses to do with delivery. From plant, to transport, to customs and port, a lot of expenses are apparent not just with the delivery aspect but the financial collection aspect of the DLC as well. Here we find the issue effecting the PCT intently. If the supplier schedules delivery to port, and the deal does not lead to a sealed contract, the expenses incurred by the supplier has to be paid by the end buyer. This effect has occurred recently where the supplier was awarded US$ 100,000 dollars to cover expenses associated with delivery after the contract was not sealed. This is the main reason why a PCT cannot in most circumstances accept the offer as legally binding until the contract has been sealed. In other words , the supplier has no permission to commences scheduling delivery once the offer has been signed. But in law the offer one accepted is legally binding now infers that the PCT must state that the offer is subject to a signed contract. It would even be a prudent move to add a line in the offer stating words to the effect that “ the buyer is not responsible for expenses incurred by the supplier until the contract has been signed.” His clearly now infers further that the supplier must not start the delivery process until the contract has been sealed. This means that the supplier may be unable to deliver goods to port within the 30 days first delivery aspect because the supplier was unable to secure a schedule or vessel when the offer was signed but had to wait until the contract was sealed to book the vessel. The PCT cannot expect a 30 days delivery aspect in such circumstances. Hence first delivery ; in 30 days ‘ is based from the date when the offer was signed. If a PCT is 100 percent sure of supply, and is a highly experienced trader it could indeed sign the offer with the end buyer as legally binding, while still deferring expenses by signing the contract with the supplier before such expense are incurred. In general however the safest aspect to to request for first delivery 60 days after contract is signed, and 30 days thereafter for ongoing shipment, this will allow ample time for the supplier to book space /vessel. The other issue still not clear to some PCT and indeed suppliers located in countries like Russia and Iran as well as western aligned countries. The supplier books the vessels and obtains storage of goods on board at no charge in lieu of freight. Under UCP DLC rules the BOL must be marked as prepaid . Those who have studied the FTNX doctrine- a few are still confused about this BOL prepaid status. The end buyer pays for goods using a DLC. The supplier books the vessel accordingly to which expenses commence accruing.The Supplier produces the BOL as as pre paid - meaning in the simplest term, when dealing with the shipowner “ I need goods physically carried on board ship for delivery to Ningbo China. Once goods are physically delivered your freight and added charges will be paid, because payment has already been confirmed.“ The shipowner is not entitled to be paid until services has been rendered; that is until the goods have been delivered to a destination port as per CIF incoterms.The supplier is paid for delivering goods. The shipowner has to wait to be paid for services yet to be rendered. Since the supplier has booked the vessel it has entered into a contract of carriage.Since the supplier has already secured the freight rate and other expenses as demanded on the offer and contract with the end buyer- the supplier is 100% assured that the price of goods and freight is already incorporated in the price of goods being delivered at CIF. The supplier is able to present ‘clean’ transport documents to collect on the DLC ‘at sight’ where one document the BOL is marked as pre-paid. This automatically tells the bank of the supplier, as per UCP rules that the supplier is able to ONLY collect the price of goods, but not the carriage rate which remains in the account of the end buyer ; being the portion of the credit NOT collected by the supplier. If freight charges are 2 million dollars and the price of gods is 50 million dollars in the simplest term , the DLC value is served bearing a value of 52 Million dollars; the supplier will only get 50 million for payment of goods sold. When the ship arrives at destination port , the “ship’ has rendered it service to which the end buyer now pays the shipowner the freight charges as agreed upon when the end buyer signed the CIF contract of purchase with the supplier, before it can collect it goods. The end buyer has 2 million dollars in his account to pay for such freight. The DLC has to have the words ‘pre paid’ on the BOL to allow the financial part of the transaction to continue ‘as per the incoterms delivery rules’ while the goods are headed for the destination port.The shipowner can only earn freight once goods have been delivered.By the supplier booking the vessel it confirms that the goods and freight have already been paid for and therefore the freight component has been ‘prepaid.’ Like wise the said expense s are also incurred when a FOB ,FCA or CIP transaction take place. As further note. Prices of goods on indices which display a FOB for CIF price are not always clearly prescribed, as they omit matter to do with final prices paid for goods to be delivered. FTNx price are fully prescribed as the amount the buyer will ‘end up’ paying for goods ordered. An old ship moored holding crude oil as a storage facility is technically held at FOB and is displayed on indicie as FOB proper, but usually this kind of ship is not seaworthy , to which ship to ship transfer needs to apply; causing added expense for the the end buyer. Like wise CIF delivery Laverna, Italy, may also mean that the end buyer has to pay for goods being delivered to Italy as well. Prices displayed on indices are not actual realisable price basis.
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USA IMPLOSION
USA IMPLOSION
25 JAN 2025
I know Canadians well. They are resilient , tenacious and intelligent. I have stated as much online for over decades as all the very best traders I have educated were Canadians. In the latest threat, Trump taking on a street fighter like the Canadian Premier Doug Ford? Don’t put your money on Trump. Then you have plane load of ‘criminals’ as deemed by Trump, being refused permission to land in Mexico and Colombia. Apparently the criminal Trump thinks he’s does not need permission to land a plane in another country. Trump then asked Egypt and Jordan to take in Palestinians as ‘ he cleans out Gaza.’ They both refused to entertain Trump. You have a the Greenland fiasco; where again Trump is acting like a used car salesman. Now Trump has issued an order to lift tariffs by 50% against products imported from Colombia for the act of “failing to obey the emperor.” On top of this you have President Musk appearing on a far left rally in Germany via video, shows further the danger these dumb ‘Twin Emperors’ pose; who are only prepared to take on the weak and homeless. He then demanded countries to make products in America - or else. The problem here is obvious. Manufacturers simply cannot trust a dishonourable person like Trump which further reflects the same image about US citizens. Tax incentives today, means all Americans could end up paying much more tomorrow - is assured when such incentives are offered by a liar like Trump - who, let us not forget, is a big time criminal, who managed to beat a lot of charges against him - but not all. Is the USA heading for self imposed destruction of its social fabric. Is the USA imploding? A US congressman even suggested that the Bishop who preached the virtues of mercy to Trump’s face in a Church service last week to be deported, even though she is a US citizen. She has also received many threats from Trump followers. Hitler had a small group of loyal thugs doing his bidding as well. Trump must be getting bold by being inspired by such Nazi ?facist dogma. The USA has literally stuffed up badly. Will it implode? Will the criminals he pardoned turn on him and his family if he fails to do what he promised to such voters. Do we have an ‘Anastasia’ event being incepting before our very eyes.Time will reveal all. Trump is dangerous. A stoush with the U.K and the EC is also looking. It could be that; Trump will release a ' lot of gas' on migration and tariffs , to show he means business, then reverse such to make the claim that 'he fixed up the issues in contention ' when at the end of it all Trumps has created nothing and incited a lot of angst. This is his way of conducting BS business. Pretend there is an issue when non existed in the first place. He should not be running a country. He should be running a T.V station. Silver spoon Trump has produced greater losses then profits; so much for the deal maker status, and Musk thinks other peoples money should be used to make useless rockets and even worse cars- these are the dumb people running the USA. As for Gaza .The Jews are/ were Palestinians before their religion came to be. Isreal should be disgusted at it self. Luckily native title has force on the side of the Palestinians and that America and Isreal should not benefit from the rebuilding of GAZA.People and their God's doing what they do best - killing each other in the name of evil.To give Trump audience is a mistake.
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AGREEMENT IS PRINCIPLE (AIP)
EDUCATIONAL BUSINESS STUDY: AIP
2 Feb 2025
When the main elements of a deal are in place for future considerations, where a legally binding aspect is not apparent , subject to final contract, then in effect what we have in law is called a ‘ Agreement In Principle.’ (AIP) This is the application that applies when an in house process under the OTP is signed with a supplier or a non binding offer is advised to the end buyer. An AIP can be used internationally as leading democratic governments and politicians also often use them when dealing with each other. An Offer without the AIP aspect unless stated on the offer otherwise is legally binding once signed and accepted; inline with International usage. The AIP may have some of the aspects usually found of the offer missing as such signing the AIP is not meant to be a ‘ legally binding’ document once signed; if a person or entity wanted to become legally bound they ought to have signed an offer. To defuse any misunderstanding , the AIP has a header declaring that this document is not legally binding and is subject to a contract. USCT Member may replace their ITB once experience is gained, in favour of using an AIP when dealing with an End buyer or Supplier, as an advanced trading application. From the AIP the transaction may head to contract; or it may lead to a formal offer; as specified on the AIP.
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BUILDING MATERIAL SHORTAGE
ITB: WASTED ENERGY
7 Feb 2025
Trying to secure cement , rebars, machinery in the anticipated rebuild of GAZA and even potentially Ukraine means we are going to have a massive shortage of the crucial building materials in the new future. PCT must source large supply now via ITB or AIP said materials on a 5 year contract of supply. GAZA needs material to rebuild. They have the workers and the skill, what they need right now is a basic simple infrastructure and point of administration to 'get things going.' USA and ISREAL must not benefit from the destruction they have caused. I say USA because the people who voted Trump in are the people with blood on their hands.
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MUSK HAS HIT THE JACKPOT
MUSK HAS HIT THE JACKPOT
13 Feb 2025
AS REPORTED ONLINE TODAY( AUSTRALIA) FROM USA; The criminal TRUMP TAKES 80 million dollars in FEMA money while his pal MUSK is gouging taxpayers by dismantling departments while filling his own pockets with money. Musk ‘earns’ 8 million dollars per DAY ..Yep per day, from USA taxpayers for doing nothing except acting as a buffoon and idiot. Wow! This is how a 'deal maker' is defined. In any case what is Musk doing turning the Whitehouse into a shit house. Delegatus Non Postest Delegare is a long standing legal maxim that states TRUMP has no authority to delegate his powers to MUSK and yet this parasite is doing just that, for his own benefit. Those who voted for TRUIMP.. How’s your earnings todays? USA is heading towards third country dictatorship. I give it 8 months or less. If a person like Trump can legally become president of the USA , then an informed PCT should be able to trade in sanctioned goods; being that the latter is the lesser of two objective aspects. It seems the PCT has to trade honourably legally and carefully in a ‘sea full of thieving governments and the sharks they entertain.’ Adding that the PCT is forced to abide by rules and laws in not trading with countries bearing sanctions with USA, which means ‘ missing out’ on some very large contracts. It seems unfair that a person can be restricted from " earning a legitimate income," (a legal argument is already apparent) while dishonourable governments and their lackeys, help themselves to the taxpayer coffers, while burning bridges, that have taken a long time to build. I find that the trading status quo to be out of balance. I see inequities.I see ‘fairness’ being trampled upon; as she has her blind viciously - ripped off. “I want to do, what I like to do, as well- just like everyone else seems to be doing,” as such; FTNX has been exploring legal and defendable methods to buy and sell sanction goods ( Crude /Fuels) without breaking sanctions laws. Naturally, If FTNX works out a legitimate and lawful method , FTNX will try such deals first and serve a report mid year to USCT/SPCT members - only if a positive result is apparent. No report means "I am still working on it." FTNX has a unique skill set , to do as much, when it comes to the law and trading. International Trade and the Successful Intermediary (ITS) a.k.a: (FTNX Doctrine of Trade) was and still is a revelation to so many people world wide especially those working in the field of law. If there is a loop hole in current sanctions in force; and dealing with Russia, I will find it. I have already found the documentary and lawful aspect that could be used. We now need an alternative supporting method of safe payment application. Stay tuned.
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THE STORY OF TWO COCKS.
THE STORY OF TWO COCKS.
18 FEB 2025
Two cocks are locked in a pen full of hens who are observing events taking place. Instead of doing what cocks are meant to do, these two cocks are preoccupied with something else. At each opposing end of the pen a cock roams within his realm , slowly overseeing his harem. Inevitably one cock unwittingly is being drawn to the centre of the pen, as is the other. The two cocks come within a few feet of each other and momentarily pause ; a sense of urgency becomes apparent while the cackle of each cock becomes louder. For a moment two roosters are facing off with each other. Suddenly the bigger cock lunges at the smaller cock and for a few seconds of screaming, clawing, pecking and chest puffing - a cock fight is apparent. It is obvious that the small cock cannot compete with the bigger cock and within a few seconds of venting, the two cocks are once more composed as they each inevitably drift back to the end of the pen - only to engage in the same scenario, ten minutes later. Trump is the small cock , when compared to Musk. These two people are creating havoc world-wide while Europe ‘holds the candle’ observing the dire spectacle unfolding before them. USA has never had a proper democracy and is actually practicing what is defined as a ‘flawed democracy.’ They don’t seem to understand that the Russian Government does not give a shit what they do, so long they do it in a manner that benefits its own position. Europe must make an immediate pact, they must support Ukraine now and each other, and show to the rest of the world why a united Europe with population of at least 500 million, is more than capable to take on a belligerent Russia and a confused America. Europe has the knowledge, experience , the equipment and know how to make Russia and even the USA at the very least, ‘bend its knees’ more so now, since the commander of the USA military is deemed a buffoon. Musk apparently has sacked so many federal workers , that he actually fired nuclear weapon launch specialists. America right now is unable to defend itself against a nuclear attack.Unreal! Chest puffing can only take you so far. Bend their ‘knees’ by leaders within Europe - leaders like Germany and the U.K both of who are formidable adversaries who are financially and militarily ready to make a stance - on their own. Europe must form a strong bond immediately and admit Ukraine into Nato, allowing Nato to send in troops and equipment to force financially weak Russia to capitulate immediately ’back onto their own dirty blood soaked soil.’ If Europe wants to avoid the Nato threat, create a new entity which incorporates Ukraine. What will Russia do ? Nothing. It has literally expended its army and resources. Russia has a weak army is a proven fact, and it will not use nuclear weapons so close to home; a situation that even President Musk will not tolerate - while hiding under the resolute desk. Europe must show they are united or they will not survive what the future will bring under the current American circus. American Politicians are turning rotten. It is rotting on the inside as the lure and stench of money and greed overrides all thing bearing decency. Americans under Musk and Trump are starting to stink badly. I have taken on large chest puffing idiots. The one thing theses kind of ‘big mouthed ‘ idiots have within, is a high sense of self preservation. Europe must stand up to such idiots, and watch as they’ll fold like a cheap suit. Europe needs to make a stance in doing so , these idiots will stand down - before being thrown out of the office they have denigrated to the level of a circus - full of clowns. China ‘will have a go’ at this weakened USA alas , the Americans will end up taking on China - on their own – alone, is even a more frightening scenario and direct assault on democracy worldwide. Biden’s job was to “keep the ship away from the surf and spray.” He did this job well. Trump like to test shallow waters full of reefs, sharks and rock while he remains on land; for his few wins; greater losses will be come apparent for all Americans to bear. Get rid of Trump and Musk or its ‘Bye Bye American Pie.’
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PEACE DEAL UKRAINE
PEACE DEAL UKRAINE
20 FEB 2025
AND the ‘idiot’ now decides to hold a meeting in the black forest without Ukraine being at the table to ‘stop the war’. Analysts from around the world give their 2 cent worth of opinions at this meeting. The USA media is being targeted and still they are scared to give a negative report about TRUMP. They’d better hurry up, because guess who is going to be targeted in the next big cleanup ? USA media and Social Security. Do a deal with Russia in a way so as to ensure Russia who started the battle be rewarded by being allowed to keep land already illegally acquired the force Ukraine to abide by the decision reached. This is Trumps method of making deal. How about USA stop supporting Isreal? Have a meeting with Palestinians without Isreal and for Isreal to comply with the decision that it would be in everyones interests that Israel surrendered its territory. Or how about white supremacists holding hand in unity in supporting Trump and his new friend Isreal.Huh! Trump and the American people have to pay one way or another for their indiscretions. Russia is a spent force . It knows it and it’s desperate to save face. And here comes the ‘idiots’ ( Trump/Musk) to save the day - to save Putin’s neck . Keeping your enemy closer is a dangerous play. The leading idiot has read Machiavelli without understanding what’s written. My friend has an idea? How about Ukraine has it borders reset to how it was in 2013 to include Crimea, while Trump and Putin negotiate instead to take over Greenland, the Panama canal, Palestine, Canada ( even Hungary) and the Bay of Mexico; as an even split. How about the Bay of Putin? They can negotiate by pointing nuclear weapons at those who don’t comply. They can then all meet in China to see what they can get from the southern hemisphere. I have a better idea. Lock Trump and Musk together in a cell located somewhere is Siberia. That’s yesterday. 24 hours later the “idiot’ blames Ukraine for starting the war, which is nonsense, and declares Zelensky a dictator. What a joke! He is trying to split his enemies - he thinks he is Napoleon. TRUMPS mental condition needs to be scrutinised, and is dangerous . He does not know what he is doing and when he does not understand a situation - he shuts down those who do. He may need immediate medical attention. He has lost the sense of reality. American voters have made a terrible mistake and will end up in the same position as Russia citizens are in now - Broken, restricted and frightened to say anything about Putin. Trump has ripped off so many people in the USA. Trump is dishonourable person , a traitor to his country and a criminal in where the golden rule of big business has been broken. “ if you deal with a dishonourable person in an effort to make a personal gain, then expect to lose everything.’The people of the USA and even Russia deserves better . Ukraine must not be allowed to fall on the blunt sword of Trump.'
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Zelenskyy AMBUSHED
AMBUSH
1 MARCH 2025
Donald Trump warned Volodymyr Zelenskyy that he was “gambling with world war three” and told the Ukrainian president to come back “when he is ready for peace”. Trump is using the Whitehouse like a circus. What is Trumps strategy ? What strategy! Trump is looking to idolise himself. Trump is talking like Putin. Putin won’t start WWIII as Ukraine is too close to Russia. China and USA will start WWIII if Trump is not removed soon as Trump does not understand how diplomacy works. Trump is a fully blown traitor to the American people for colluding with the enemy. Trump tried to ambush Volodymyr Zelenskyy, to intimidate him in favour of Russia’s position, to hand over mineral rights for nothing. It didn't work. Zelenskyy is a leader to his people. Trump is a leader for his pocket. Trump and Putin are dishonourable people. You can’t do business with those deemed to be dishonourable .The FTNX doctrine of trade made this aspect very clear. The quicker the Americans learn this aspect, the quicker they can get rid of Trump before it’s too late. I have dealt with and mentored many American people for decades. They are “ salt of the earth people.” They are courteous, polite and highly intelligent. Many I proudly call my friends. They do not deserve the crap Trump and Musk is serving them. I am more than sure the American people can see that Trump has a very low intellect and could not sell ‘fleas to a dog.’ How did Trump win the last election? Understanding that in a country like Australia everyone must vote , whereas in a country like the USA, voting is not compulsory is where the answer can be found. Over 30 % of the American people did not cast their vote. They were fooled by the media that the election win by Harris was a foregone conclusion. Caesar tried to win favour with the Roman elite. When that failed, he sought support from the poor and down trodden who were so impressed that such a VIP was ‘hanging around with them.’ Caesar went on to become emperor, thanks to the type of 'people' who supported him. Trump thinks he’s is running a circus. He thinks a leader like Volodymyr Zelenskyy, could have been sucked in so easily. Trump is a loser.. he is making America look like a 'loser.' Wake up America before it’s too late. Volodymyr Zelenskyy again has done westerns democracy another favour .Imagine if this deal went through without the Quid Pro Quo factor; within year China and Russia will be demanding the same aspect when threatening other countries. China may even be already thinking as much as Chinese war ships circumvented Australia this week. The Chinese must also learn that to take a fort surrounded by a moat like Australia , while being so far from home is going to cost them much more efforts to invade ; and us, far less effort to defend. China is not like Russia. You can talks sense with China business people , you can’t do as much with Trump, Musk and Putin .These three stooges are going to achieve very little and hurt so many while doing so. I take my hat off to Volodymyr Zelenskyy. He needs to seek advice from U.K and France and remain stead fast against Trump’s tyranny and stupidity. My favourite US president Abraham Lincoln said its correctly “Stand with anybody that stands RIGHT. Stand with him while he is right and PART with him when he goes wrong.” “ I planted myself upon the truth, and the truth only, so, as far I knew it, or could be brought to know it.” Trump is unable to manage an economy like USA because he does not have the intellect to do so; this is why he is striving to become a dictator. Putin is in the same boat..he tried an failed, reverting back to his dictatorship position. Dictators apply their own 'ad hoc' rules and the media is lapping it up. President Xi Jinping on the other hand is not in the same boat.He knows what is required to manage 1.5 billion people as such rightfully earns and commands the respect of many other leaders, the kind of respect that people like Trump, Musk and Putin can only drool about. Trump uses a person such as Musk to deflect his own ill doings for others to address. Ukraine and Europe must now become a formidable force in protecting their own position, more so while Trump stands on the wrong side of history- at the behest of the media, who are too scared to state things as they are - for fear of losing their jobs.
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HOW TARIFFS WORK
TARIFFS
6 March 2025
Let us clear the air about Tariffs . A Tariff is a tool defined as a tax or duty, mostly used by Governments which is applied to ensure imported goods are on sold locally 'on a level playing field.' Tariffs to a lesser extent can also be applied when exporting goods locally. You use mostly sanctions and not tariffs when vengeance is being dished out. Typical Application of Tariffs: The PCT secures 50,000 cases of a goods quality wine from Sth America. The PCT found a wholesale buyer in the USA. The unit costs of each bottle landed in New York and delivered to a warehouse is around 7.00 per bottle , add 100 percent markup , the wine could end up in USA retail outlets for purchase by Americans at around 14.00 per bottle. The importer pays the Tariff if one was apparent to the wine ( which there is ) . But Americans make great wine as well, except a comparable wine from let us say California finding its way to the same New York outlet is selling for 21.00 per bottle even after adding on a low ball 40% markup. To protect the local product from unfair competition from the imported wine coming in from Sth America ( low wages, unfair work condition equals low export prices) the 7.00 wine from Sth America should have at least a 50% (or more) tariff applied ($3.50) on entry as applied by US Customs. By doing as much consumers would have a fair competing price basis to consider buying and supporting local growers, because the price of the imported product is nearer to the price of the locally made product as it seems at retail. Tariffs protect local industries where resources are abundant, from being wiped out by cheaper imported goods. Once a local industry is wiped out , often the once cheaply imported price of goods become more expensive locally; and not because the overseas competitors, worker therein, have had a wage increase and better working conditions; but because supply and demand aspects dictate that when no competitor is apparent, higher margins can be charged to ensure profits increase. Trump is hurting Americans because he does not understand how the protective aspects of Tariffs are effectively applied. In the last 3 weeks FTNX has had 3 offers cancelled because the destination port was USA. It’s effecting business world-wide. Trump is buffoon , as is Musk - the big difference is that MUSK ‘pretends to be dumb’ to appease those who people who voted for Trump, while Trump is in fact a person of low intellect. One who holds a doctorate in physics (Musk) is not dumb. Musk is the one whistling sweet dreams into Trumps ear. It’s the intentions of the unelected MUSK that must be scrutinised which has yet to occur. In law ”Delegatus non Protest Delegare” is a legal maxim which now infers directly that Trump is assigning work that he should be doing to others, like Musk, and ‘the Nob’ (Dick head) Vance. Trump is doing as much because he has no idea what he is doing. The newly applied Tariff regime proves as much. I now turn the T.V channel or bypass reading about Trump online - it’s just too painful to hear him speak. The PCT ought to be wary when offering goods from USA or when importing goods as well. There is a ground swell occurring against American produced products directly occurring because the American president cannot be trusted. As for Russian and Chinese they must be laughing their head off of what s happened in the USA. FTNX has tested this week a way to defeat the SWIFT systems which failed. We are unable to ’legally’ in Russian goods( fuels) is now a reality. The Russians are heavily integrated within Europe with ties everywhere. Currently Russian goods must have western insurance applied on all exports into Europe , which has not stopped the Russian selling goods ‘elsewhere’ or on the side within Europe. Russians need USA products far less than we need Russian crude /fuels /metals - at half the price. American consumers are going to pay dearly for evertthing is the current prospect directly attributed to Trump. Europe and the may need to stroke ( suck up to) Trumps silver back and perhaps give her big baby a cuddle when looking to make a deal.
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FTNX EURO CURRENCY
FTNX EURO CURRENCY
12 MARCH 2025
FTNX is entering it new financial year at the end of June (Australia).FTNX will introduce is new Commodity index that has the EURO as its basis.The personal opinion of Davide Giovanni Papa (CEO FTNX) at this time is that– FTNX is simply unable to trust the USD, nor American Federal Bank policies, which could change on a whim - with current US administration, is a very real, sound and looming scenario. Holding a DLC in USD as advised by a large American bank, on a future revolving contract being closed, means holding such and instrument for 12 months or longer; add to this is the fact that big transactions take a lot of work to initiate – only to be wiped out ‘on a whim’ at the last minute; is not a good feeling. Any experienced SPCT/USCT member could use the Euro as a basis; or they may simply stay with the USD. If there is a definite advance is switching, I will advise members ( via FTNX Library with added advice served then ) to actually ‘switch the currency.’ As it seems at this current point in time, holding a DLC for future business could create delivery and contracting problems if a shift in American banking policies takes hold - without notice. The doctrine of trade remains the same, more so than ever before in these ever changing times, being brought to bear upon the shoulders of uncertainty. FTNX is testing the alternative currency application strictly as per doctrine; which means less in house applications and form usage, where the formal safest legal approach is taken.This aspect means supporting the deal strictly as per doctrine , and if the deal moves forward when initiated by FTNX, the Euro Currency and not the USD currency is the leading benchmark currency being used. GBP, AUD, CHF may also be used to pay for goods ordered from FTNX at this time .The FTNX Index ( FACT) resets 15 March 2025. It will take a few weeks or so to settle an ‘find my way’ this new, tricky and sought after currency application. FTNX will test the board to years end 2025 before declaring continual success or failure, which means the FACT board will be closed.
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APPLE IS STILL THE ONE
APPLE STILL THE ONE
1 April 2025
Niche ocean carrier Atlantic Container Line is warning the fines the U.S. government is considering hitting Chinese-built freight vessels with would force it to leave the United States and throw the global supply chain out of balance, potentially fuelling freight rates not seen since Covid-thanks to an aggressive Trump. Let me explain to Trump on how to treat people; because one thing is for sure , as a deal maker - Trump’s style doing business is both dumb and useless. We had issue with an Apple device all weekend (last week) .We tried to get then issue resolved locally in Australia, speeding hours on the phone and via online chat ; to no avail. Fed up, I rang the number we were corresponding locally with Apple, which was ‘accidentally’ diverted to Apple USA Texas, where a technician answered the phone. We explained the issue and within a few minutes of talking to the Apple technician, the issue was resolved with an apology. He then arranged to send us a new device. Wow! Never seen such service at the international level. Perhaps we in Australia and Indeed TRUMP should take a leaf from Apple play book; on how to treat long standing and loyal customers. I take my hat off to Apple. Such great service. This episode brings me to my next point. We see so much negative and adverse media reports on Trump in Australia , but not so much about the American people, at street level, who deserve much more than the shit Trump is serving them. FTNX has had fantastic interactions while educating American traders on matters of our doctrine and the commodity business. American people are very smart and are highly educated. I would like to see the America that existed prior to Trump and hope that the damage caused to democracy by this ‘leader’ (cough, cough..) merely ends up as being nothing more that a hiccup; and that Trump somehow “gets booted out of office along with the clowns” under him. When this ‘kicking’ event happens, Americans will be able to do, what they do best once more openly and without fear of repercussion’s - to make money and offer great products and service, and continue to do so – in an highly informed manner. Trump, please call Apple and find out first hand on what it takes to run a country and address issues within-as they happen. As for the added matter to do with Agency; this is the major issue to do with forming a unified global group of traders around the world; when an agency performs poorly, it reflects badly on the principal of agency. To have a group of traders all knowing what to do and how to handle and resolve a situation quickly is a difficult application to propagate. For example; for FTNX to have a head office ( an agency) in another country, all PCT’s running such agencies will need to be highly informed and be able to resolve all situation of a deal, right up to the contract signing stage; before calling upon a principal to close the deal.That’s a big ask. FTNX has tried at various times notably from 2012 to 2016 to create such an agency with very limited success. For every one PCT who were able to professionally construct a deal for presenting to its principal FTNX, another two PCT’s located in a different country were doing the opposite; to such a level as to embarrass FTNX. The overall reputation FTNX has been damaged early which was an expectation when FTNX was spending so much time in educating PCT’s. This is the main reason why FTNX has deemed that working alone or with a small tight group is the preferred applications as large string deals using ill informed others to act for a informed PCT will damage reputation of the Principal. In the above Apple scenario, I was cursing Apple without realising that Apple USA and Apple Australia conduct business very differently, when in fact the Australian agency is where the angst with Apple emanated from, for lack of education, directives and instructions or when said education, directives and instructions are served, they are applied by practitioners–poorly. When using the general term ‘America’ I am not emphasising the people of America, but POTUSM ( President of the United States and Musk) and the ability of these stooges have , to destroy agencies quickly , agencies which have taken generations to incept. Good agencies take time to form and are easily destroyed. POTUSM is a destroyer of democracy and agencies.Trump’s welding of perceived power is poorly subscribed, because it has come to light that the country with the biggest nuclear arsenal exceeding 4000 war heads is no threat to a much smaller country with a much smaller arsenal. Why? One single submarine is all that’s needed to destroy a whole country. One country using 4000 nuclear bombs means the end of the world - no matter who goes first. Land based localised warfare, using conventional weapons is the future trend. Trump cannot threaten Australia with tariffs as for it perceived armed capabilities -having more nuclear weapons than anyone else means nothing; welding real power by using the rule of law with democratic principles in tow is something POTUSM finds too difficult to apply let alone comprehend and defend; because one must have intellect to apply such virtues; intellect that POTSUM does not possess.
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TARIFFS AND PCT UPDATE
TRUMP TARIFFS
7 April 2025
Politician around the world are now without any conviction, emulating TRUMP just to get their political campaign going and to get attention. When you make statements that the majority like to hear, the majority will follow. Then we have endorsement of murderers like Israel’s Netanyahu who think it’s O.K to bomb hospitals filled with many injured civilians. Netanyahu and Trump will pay for their dishonourable intent - I have no doubt of that ; in the meantime everyday people cop the brunt of ignorant leaders guiding their destiny. As to the fiasco MUSK has created , who actually has invented nothing and products that bear his name are falling apart or crashing. With all this excrement, running the country we now have tariffs unlike anything the world has seen before, imposed by the USA and with it misinformation fills the media. A tariff is placed on goods in the country of import ( and can be initiated by the country of export as well) to place a tax on goods coming into a country so as to protect similar goods being produced within the country from cheaper imported prices. The tariff once imposed is supposed to balance things out. How do these unreasonable tariffs affect the nature of business the PCT applies .They don’t, unless the delivery term as prescribed under incoterms DAP is used when selling goods to a country which has imposed unfair tariffs. Since The PCT is unable to use the DAP aspect, matters of tariff do not effect payments made to the supplier where the goods were ordered by the PCT and payment made by the end buyer to the PCT. The PCT delivers goods to the POD as order as specified under the offer and contract and delivery rules used. Under FCA, CIP, FOB of CIF Incoterms the goods are loaded on board a named vessel. The transport /title documents are presented and the goods are paid for accordingly .The ship leaves POL and arrives POD. It’s at POD that issues start to arise via customs in relation to imposed tariffs on goods being unloaded and even the kind of ship used can attract an added tax/penalty. The end buyer has to pay for these imposts to customs at POD before goods are able to be claimed by the importer. With Trumps logic; If a Chinese ship is delivering the goods to the USA port, the Chinese ship gets a penalty of US$1.5 Million dollars imposed, which further impact the cost of imports that the end buyer needs to face. Goods value at US$10,000 per MT FCA FCL buy price end up costing the imposter $13,000 or $14,000 dollar once claiming title to goods at POD is going too impact end users/ consumers located in there country imposing the tariffs. It is crucial the the PCT ensures all entries on its invoice are clearly marked as individual entries ; If the price of goods includes all other expenses like freight as one sum , then it is this one sum that attracts the full value of imposed tariffs when goods arrive at POD. The tariff is applied to the full value of goods listed on the invoice. The PCT closes the deal as per usual procedures supported by a DLC.The importer pays all other expenses at POD. Those who are trading with each other under ( often for years) using the virtues of a Bill of Exchange in where payment may be due after goods have been delivered POD face a greater risk of having goods rejected at POD of destination due to unforeseeable tariffs being imposed at the time goods were being loaded, as the BOE is simply a promissory note often not supported by a DLC; which the PCT cannot use. How is Trump going to lift USA manufacturing when its importers are being slugged with such tariffs on imported raw materials, is only for Trump to understand. As for the PCT its business as usual. If using USD$ to buy goods all DLC MUST be issued as confirmed if it’s issued any a USA banking and that for the first time is much safer to have a DLC issued from China buyer than it is from a USA bank. Furthermore , using the Euro as a base currency is already working out better for business than using USD is becoming apparent after FTNX changed it base currency to Euro in the last 6 weeks. Using trade rules and the FTNX doctrine of trade, along with a UCP endorsed DLC is now a premier application in these financially precarious times that must apply if safe dealings is sought. Those doing business with the USA, beware-We just don’t know what damage Trump will create next. America is in disarray. Thanks to the USA we now live in uncertain times. Luckily , the world beyond America is getting bigger, day any day.
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TRADE ISSUES
TRADE ISSUES
16 April 2025
The term ‘arbitrary discrimination’ is an aspect under the US law which is covered under the 14th amendment of the US constitution. A person even president is acting unlawfully when he makes an arbitrary decision based on his own personal ideals in where revenge and capricious intent is present. If for instance Trump directs a university to do something that they cannot or should not do; and the university fails to take up the directives where in turn Trump then threatens to strip the university of government funding; this is an act of arbitrary discrimination. Trump has arbitrarily directed so many unlawful or poorly applied directives that he should have faced court at least 12 times on this one single breach of the 14 amendment designed to protect civil liberties and from governments making unfair or unjust decision against the people, on a whim. So how comes he is still president ? Even if you hate the law; we all need to equally abide by the law and enjoy the benefits of doing so as a society or we’ll perish as a civilisation.This is an un-refutable fact. I can’t comprehend haw this donkey Trump is allowed to destroy America while many American people are standing around gawking. Thank God that International trade laws and procedures are in effect as created by the Europeans and not America. As for the previous comment, YES! All DLC issued by an American bank for revolving purchase deals must now be advised as confirmed, defining more so that damage Trump has created to the US banking stystem. A DLC being advised to America for the purchase of American goods is applied for under the pre advised status ; allowing buyer to pull the deal should Trump makes another unexpected arbitrary decision.Contracts for the purchase of America made goods must have a ‘ walk away clause’ apparent , on the same basis. We have no choice on this matter as Trump is simply volatile, capricious, unhinged and acting irresponsibly. As for American selling American made products as a business; via post, does not attract tariffs where goods are sold bearing value under US$ 800.00 or AUD$ 1000.00 is another standing customs rule that might ‘ suddenly change .’
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SUMMARY USCT MEMBERS
SUMMARY USCT MEMBERS
1 May 2025
(1) A PCT who has traded for a few years may play around with advance trading aspects. To ‘play around’ does not means to apply all the time. I say as much because a few members were confused by some of the aspects presented online via FTNX.net which are not part of the FTNX doctrine of trade. From the 1st of May 2025 all USCT and SPCT members are advised the following directives herein as follows, in regards to using advance trading procedures. Advanced procedures are examples of tried trading aspects that FTNX has used , that may have “gotten the trading foot into the suppliers door, at times “ Obviously if a USCT member is unsure about using advance procedures because “it’s not in the doctrine” such a member must not use any advanced procedures and “stick like glue,” to trading matters as stipulated in the FTNX doctrine. FTNX in-house beta publications profess the FTNX doctrine of trade, in a different light to the formally applied doctrine via ITSI. Hence ITSI is the premier doctrine.’ In house publication breaks ITSI down further to its ‘bare bone step by step,’ procedures and applications. Many who had already purchased the complex ITSI had later also purchased an our In house publication. Trading in commodities–for real–is a very complex business application, no matter how you look at it. Advanced trading applications are tried ‘along the way’ by those who fully understand all aspects of ITSI, or by those who have good trading experience of at least one year and knows what to ; and what they are doing – meaning the PCT knows intently what base procedures must apply. FTNX is always ‘experimenting’ with new ideas , in where aspects such as IPG and LDD etc.etc, had come from. From May 2025, everyone trading in commodities in an informed manner MUST adhere to the the FTNX doctrine of Trade and procedures therein ; more so now than any other time in history- ( Including FTNX) thanks to a pusillanimous and brainless TRUMP. Only those who are attached to FTNX as a SPCT endorsed member may trade as per doctrine when FTNX is heading a deal, where’ the offer is legally binding once signed and accepted.”This aspect is an advanced procedure. USCT members and all other informed traders however must apply the same aspect, ‘legally binding aspect is subject to a contract being signed.’ A PCT applying the FTNX doctrine is an ITS and an “Attorney at Trade,” as well; with the added benefit of being legally able to act for others, without disclosing who they are. The PCT can legally act as a buyer and seller in their own name– once they arrive at the ITS status. We all must adhere to the doctrine of trade in these financially precarious times. This is the only way to conduct legally defined and financially safe transactions for all involve in a string deal. The full orthodox doctrine will apply on all trades with principals . In house forms ( IPG, LDD, OTS, RFQ and AOS) are used in string deals and ISS members dealing with our P.A .
(2) More problems with a PCT and the transfer fee were advised to us in 2025. The supplier pays for the transfer fee; but that aspect can by used by a PCT acting for a disclosed principal as their agent. When the end buyer advises the DLC , it pays the transfer fee . Having the credit transferred to the PCT acting for undisclosed others, requires the credit to advised as transferable. See the difference; once transfer fee is paid by the end buyer on advising a DLC to its corresponding bank, the end buyers bank may then try to say that transferable credit was advised, and the fee paid for, when it wasn’t, leaving the PCT to pay for the transfer of the credit to his supplier.The credit must ‘arrive as a transferable credit’ when it lands in the account of the PCT.
(3) The Zehed-bike is moving along well, with the construction of the suspension completed. An editorial will be posted on FTNX.net soon.
(4) No more advising of prices or products on the FTNX.net site as the board will be removed in May. The nature of business is now private and confidential. Only SPCT registered agents as registered in any given year may attempt to conduct business with FTNX is the new approach as we pull back on matters of education. A SPCT member may be disclosed on the FTNX.net site as our P.A. from time to time; meaning USCT ISS member can contract the P.A if they have a deal for FTNX to consider. The P.A will only consider viable string deals. The FTNX site will reflect the change by mid May 2025.
(5) A PCT may use Euro but may also use CAD, RMB, USD, BPD and Swiss Francs when trading on the condition the supplier has accepted the currency. All credit emanating out of the USA must be advised as confirmed even top 100 USA banks, while Trump is president, as the worse has yet to come. Revolving deals take a long time to enact delivery to the last shipment; there is no confidence that Trump will not cause issues with USA banks. He has already attacked the judicial system- causing damage to the reputation US banks would not be an issue for Trump. As a new business year approaches ( Australia: 1st July 2025) strict business applications return with an emphasis for selling/ securing goods to/ from Southern Hemisphere producers/China to lead the way.
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