Pertinent market/industry news/articles, page-1044

World: http://c.newsnow.co.uk/A/967281866?-15845:2006
3 nations most likely of violence but which 1 is most likely to also reward any intervention? The DRC.

To the DRC itself:

Oops they did it again~ ♬

https://www.dailymail.co.uk/news/ar...n-Swedish-experts-Congo-poisoned-custody.html

Dicstatorial regimes just can’t help themselves but make incredibly self defeating moves- living in a world surrounded by people who say ‘yes’ or quickly disappear, such entities begin to live in fantasy land & think there will be no consequences to their actions.

The US will not forget what has happened & there will be people in congress already agitating for some kind of overt response- the US has the greater image to protect & the power to do so...

Talking with a friend last night I started to wonder what the timeline was between oil being declared strategic & real world action to lock it up from rivals began.

Cobalt is a bit trickier as we are competing with one of our biggest trading partners- China.

This sadly necessitates a lot more harm for the local people & aid etc workers before we can step in. The one thing about dictatorships though is that they more often than not oblige us with steadily ramping up the harm of all those within their reach, especially our African friends.

Glencore has the DRC government right where they want them & that also is only going to cause more friction moving forward- it’s the powder keg that will ( at some stage, not pretending to have a crystal ball ), at some point in the future once again cause cobalt pricing in particular to launch upwards.

Then we look at nickel. Indonesia & the Philippines are the two to watch in my opinion.
Both produce lower grade output & the Philippines at least has made noise about shutting the mines down completely.

The federal reserve just did exactly what I thought it would- it protected it’s image come from even a whisper of political influencing by doing what it had most likely already decided not to- raise rates.

I don’t know if anyone can remember but back when Trump was elected the fed came out & said ‘we will raise rates five times’ ( pretty sure they said in the next year but perhaps I was mistaken ), a soundbite which quickly disappeared but showed that they are in fact politically motivated- they didn’t say ‘depending on market conditions’ which was just astounding- but that’s a story for another day.

How to ensure a leader is not re-elected step 1.
‘Raise rates & make it hard for the average worker by crushing the markets’.

Mr.Trump may want the economy to improve from next year for his 2020 campaign but the more important question is ‘does the federal reserve want him re-elected or not?’

In these things we start to understand why there are said to be at least couple levels of control/security clearance above the President...

As always who pays? We, the little people. Fingers crossed Trump realises he needs the economy to improve & starts ‘making nice’ with the Fed.