Loading ...Sulfuric acid is such a corrosive substance I don’t know enough about Petro and other things but at least in farming why they don’t replace it with safer alternatives like citrus or vinegar acids if the soil is too alkaline.
The Strait Report
Mark
@Mark_IKN
·
2h
According to this report, the rise in sulphuric acid prices has added between 15c/lb and 50c/lb to the cash cost of producing copper via heap leach operations in Chile.
(Fwiw, around 20% of copper production in Chile requires H2SO4)
That’ll eff the borrowing costs … Do people still worry about that?
The Kobeissi Letter
@KobeissiLetter
BREAKING: The US 30Y Note Yield rises to 5.18%, its highest level since July 2007.
Too bad, integrity is in short supply in DC
Trump scores major victory with Massie’s primary defeat in Kentucky
https://thehill.com/homenews/campaign/5883936-massie-loses-kentucky-house-primary/
Buygold, Iran is not a semitic country.
There are no semitic countries, only semitic languages. As the national language of Iran is Farsi, the modern name for Persian, which is an indo-european language rather than a semitic one, Iranians are not semitic people either.
Nice comeback
For the SM anyway…
Maddog re: Captain
Me too!
Maybe he’s just keeping a low profile …
Buygold
“The last US President”
I’ve gotta say I have a little more rosy view than you do. 🙂 Anything’s possible …
Maddog
So, you’re an anti-Shiite? 🤫🤔
Ipsofacto
It is odd the way the Captain suddenly stopped posting….i hope all is well.
Buygold
Iran is Shia…but run by the Mullahs, of whom I am very anti…..
Nice try 🙂
Ipso, Maddog
Agree. If it’s not true then the criticism isn’t fair. I haven’t heard otherwise, but I didn’t confirm with GROK yet either. I suspect it’s true though.
Allowing 500K new Chinese students and allowing China to continue buying farmland is another stroke of brilliance as well.
I’m convinced that he’s the exact guy the uniparty wanted in place. He’s setting everything up for the NWO. The adversarial stuff with China and Russia are a ruse. The only 3D Chess being played is on “we the people.” Time will tell, but I think he’s the last US president. JMHO, but all mine.🤣
Still waiting for the mother of all comebacks or a bullish chart to actually work. These days when the pf is down another 5% are getting old.
Maddog – Iran is a Semitic country, are you an anti-Semite? 🤣😂😇
But at what price? Why do I think there’s gonna be a discount.
Bloomberg
@business
Ghana wants large-scale gold mines to sell at least 30% of their annual output to the central bank to increase local refining and boost the country’s foreign-exchange reserves
The Drone Gap
Gandalv
@Microinteracti1
The West Has Already Lost the Drone War. It Just Hasn’t Noticed Yet.
Here is something that should ruin your Monday. A Ukrainian AI drone engineer has gone on record to explain, calmly and with considerable evidence, that Western military planning is not behind the times. It is not lagging. It is not in need of reform. It is dead. Obsolete. A relic propped up by expensive acronyms and men in uniforms who still think the tank is the apex predator of land warfare.
Yaroslav Azhnyuk, founder of AI drone company The Fourth Law, has done the maths. FPV drones now account for somewhere between 70 and 80 percent of frontline casualties in Ukraine. Not artillery. Not missiles. Not the armoured columns that NATO has spent forty years and several fortunes preparing to counter. Small, cheap, autonomous flying machines that cost about as much as a decent restaurant dinner and kill with the precision of a surgeon.
But here is where it gets genuinely terrifying. China can produce four billion FPV drones per year. Ukraine, a country that has been at war for three years and is building faster than anyone in the West, manages four million. That is the kind of number that makes you want to lie down on the floor and stare at the ceiling for a while.
The West is not losing the AI arms race because it lacks the technology. It is losing because it is still arguing about procurement frameworks while the future arrives, uninvited, at four hundred kilometres per hour with a shaped charge attached.
Latest 👇
Just talk?
The Kobeissi Letter
@KobeissiLetter
BREAKING: NATO is discussing deploying troops in the Strait of Hormuz to help ships pass through the waterway if it is not reopened by early July, per Bloomberg.
goldielocks
No it’s not. I hope he’s OK.
Hard Times
Peter St Onge, Ph.D.
@profstonge
·
3h
For 20 years we told every smart kid get a $100,000 degree and sit in a cubicle.
A cubicle that AI is now disassembling.
Ipso 10:42
That doesn’t sound good.
Deer79
I know what you mean. I was quoting the dealer. The truth is not how much someone wants it to be but how much someone is willing to pay for it. As long as the deficit increases and not being able to stay out of other people’s wars or money problems somewhere else or plain greed and outright theft that will only increase. He wanted answers and was bewildered by the answer he got. If demand is so high and refiners can’t make it fast enough why the dropping prices although selling back is also high but only on the retail end.
What may have been left out is the interest rates. The refiners need to borrow or use credit to buy all this silver with overwhelming demand by the exchanges ” which I’m curious if there’s also pressure what price exchanges buy from refiners vs sell to the public” and these high interest rates are a burden to them thus why their halting buying less than 999 pure because it takes longer to refine and probably more energy cost to refine. They can’t make it fast enough for industrial demand but apparently also limited by banking borrowing costs. All this selling with mines also can’t produce in fast enough is gonna go into industrial refining it looks like, once their gone then what? At what point does the retail buying back stop getting easy.
10 yr Note has built an ominous Bull flag……. ie. rates up
German Bunds have already broken to upside…….