Chickie-Pop-Tx

Interests include web, health/fitness, finance and travel. Opinions are my own, RTs not endorsements.

[Legend @realLegendAfg]

$40 million a week is sent to the Taliban’s Central Bank. I urge Senator John Thune to pass our bill. The No Tax Dollars For Terrorists Act is ready for a final vote.

[Lori Mills @LoriMills4CA42]

Andrew and I are in Washington, D.C. today, where I had the honor of testifying before the FDA on behalf of cancer patients everywhere.
We’re fighting to bring #ANKTIVA and natural killer (NK) cell therapies into the spotlight, giving hope and new options to those who need them most.
Please watch the testimony. I hope it resonates with you.
Together, we’re pushing for real progress. @bullishbruk
@DrPatrick

[Lori Mills @LoriMills4CA42]

Thank you so much for your incredible support and continued generosity. It’s finally happening!
Andrew and I are flying to Washington, D.C. tomorrow, and I will be testifying before the FDA to help get natural killer cells and ANKTIVA released and available to all cancer patients. I can't promise it will happen, but I can promise I'm fighting for you.
Please keep us in your prayers.
Your kindness has truly meant the world to us. We would not be able to make this trip without your support, and we are so deeply grateful.
Here’s a quick update...

[Eric Nuttall @ericnuttall]

Most asymmetric oil trade since the COVID lows of April 2020??? Total and complete market apathy while both Exxon and Chevron say we are IMMINENTLY facing an oil price spike/shock.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Orders for LME Copper Inventories Surge by Most Since 2013

Orders to withdraw copper inventories in warehouses tracked by the London Metal Exchange jumped by 51,425 tons to 116,375 tons, according to exchange data.

That’s the biggest tonnage increase since 2013

The orders reduce readily available inventories to 275,525 tons (Bloomberg)

[Tracy Alloway @tracyalloway]

US crude inventories (including the Strategic Petroleum Reserve) plunged by 17.8 million barrels last week -- the most on record

[Super 70s Sports @Super70sSports]

I can hear this wallet opening and it sounds like childhood poverty.

[Oliver Groß @minenergybiz]

Sulfur prices are going parabolic 👀

[Otavio (Tavi) Costa @TaviCosta]

Nope…. this is not a chart of US yields surging...

It’s corn prices starting to break out.

https://t.co/gpTiGRP0Sd

[Otavio (Tavi) Costa @TaviCosta]

Mining companies today are generating the largest profit margins of any sector in the global economy by far.

Much of the market remains asleep and still analyzes mining through an outdated framework from decades ago.

To be clear:

Miners today are producing profit margins nearly double those of tech companies.

At current metal prices, this environment is absolute nirvana for well-run mining businesses.

https://t.co/rRpQ7qqZ5H

[Brian Roemmele @BrianRoemmele]

“In my day son we drove our furniture and it was made of red velvet or green Corinthian leather and smelled of cigars, cigarettes, martinis and other stuff. This is what they took away from you!”

[James Melville 🚜 @JamesMelville]

By 2050, there could be more than 40 million metric tonnes of wind turbine blade waste piling up worldwide.

How is that environmentally sustainable? How is that ‘saving the planet”?

[Robert Friedland @robert_ivanhoe]

The indefatigable genius, Craig Tindale, has done it once again with a deep-dive analysis on the supply crunch of the chemicals needed to make the world go round.

The situation the world finds itself in has never before been articulated as clearly as Craig has analysed it here… All those that care how our world is changing, with absurdly profound consequences, should IMMEDIATELY READ his analysis.

@ctindale explains how chemical reagents have overtaken geology as THE main bottleneck impacting the global supply chain of metals.

An unprecedented shock has been created in the supply of sulphur and sulphuric acid. Initially, this was caused by the closure of the Strait of Hormuz… and further exasperated by subsequent export restrictions imposed by other major exporters of sulphur and sulphuric acid as they protect thier own industries.

As Craig points out, sulphuric acid is essential in the production of critical metals, such as copper, nickel, cobalt, uranium and rare earths… He goes into detail on how the growing contraction in the supply of acid is already impacting the production of critical metals in Chile, Africa, Indonesia and Kazakhstan.

Not to be forgotten is that over 50% of the world’s sulphuric acid is used in the production of fertilizer. The supply shock is also having a significant impact on the security of food supply. Governments have a priority to ensure their populations have enough food to eat at a price they can afford to eat it at….leading to further export restrictions.

Craig forecasts:
1) vertical integration and “reagent security” will become essential to metals producers,
2) the supply of chemical reagents will be weaponized, and
3) technological substitution will accelerate as we seek alternatives to solve our dependency.

Craig’s incredibly insightful analysis even includes a handy Reagent Brittleness Index (RBI), which he artfully uses to create a Sulphur & Acid Supply Risk Dashboard for Critical Mining Assets.
Spoiler: Craig notes that the Kamoa-Kakula Copper Complex in the DRC emerges as a mining operation least at risk to chemical supply shocks, as our new on-site copper smelter becomes a major sulphuric acid PRODUCER for the region.

We are genuinely alarmed by the consequences of the new reality the world finds itself in… take an hour out of your weekend and carefully read it for yourself.

[Steve Hanke @steve_hanke]

The socialist republic of California has proposed a new 7.25% tax on cloud-based software sales.

In the last decade, 1,884 company headquarters have left California, including Chevron, SpaceX, Oracle, Tesla, & Charles Schwab.

RAISING CALIFORNIA TAXES = PUSHES BUSINESS AWAY.

[Lori Mills @LoriMills4CA42]

Let’s go! Building your NK cells shouldn’t be limited to any one specific cancer. It should be released to anyone with a terminal diagnosis or aggressive cancer. What harm does it do? What harm comes if they can’t try! I’ll bet on #ANKTIVA and NK cell therapy. Go Dr Pat! @bullishbruk

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Something to ponder

What kind of draw down in commercial crude stocks happens after the 125M barrel release from the SPR completes? The US has said it has no intention of a greater SPR release after this, I would argue they are scraping the bottom of the salt mines, and really have no logisitical capacity to release much more.

But a 4.3M drawdown in commercial crude stocks with an 8.6M SPR release into commercial crude stocks speaks volumes on where we are.

[Lori Mills @LoriMills4CA42]

So devastating. Prayers for his family's comfort.

People need the opportunity to throw the kitchen sink at these terminal diseases—no red tape, no failing standard protocols—so they can try.

My husband is living proof that quality of life, a chance at life, and hope are possible. Release #ANKTIVA and NK cell therapy to all cancer patients.

This man and family deserved more time. They deserved hope. @bullishbruk @DrPatrick

[Robert Friedland @robert_ivanhoe]

Another 5,000 lots of that Sept call spread (buying $15,500/t call options and selling $17,000/t call options) went through an LME broker earlier today… Extremely bullish

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Citigroup Puts Copper at Top of Materials Picks as Equities Lag

Citigroup reshuffled its near-term materials pecking order to put copper at the top, arguing mining equities have lagged underlying metal prices and are poised to catch up. (Bloomberg)

[Otavio (Tavi) Costa @TaviCosta]

Global money supply surged by $17T in the last 2 years.

War is not the only driver of inflation.

Policymakers have been pouring liquidity into the system the entire time.

https://t.co/EMI08NkIDG