Have an amazing day.
Indications
Nickel 3 month $7.427
Cash Last $7.36
Euro 1.154
Yen 154.55
gold $4286.90
silver $62.93
Copper LME $6.359
Copper Comex $6.343
Cobalt $ 25.50 -28.50
Zinc $ 1.78
Tin $ 23.65
Crude $ 99.99 down .14%
Dow Jones up .98%
FTSE 100 up .56%
Dax down .50%
Hang Seng up .55%
Nikkei down .81%
U.S. Dollar index 99.51
Quote of the Day
Advertising is the art of convincing people to spend money they don't have for something they don't need.— Will Rogers
Word of the Day
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When we describe something, such as data, as empirical, we mean that it originated in, or was based on, observation or experience. Empiricalcan also be used to describe something that can be verified or disproved by observation or experiment, as in “empirical laws.”
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Trivia
Nori, the popular sushi ingredient, is a type of what?
Answer: at bottom of page under good read.
News of Interest
Markets: Last week, the markets demonstrated that a short week isn’t always a good one, as rising oil prices and inflation data brought stocks down. This week, investors are eager to hear from Fed Chair Kevin Warsh
This weekend, lawmakers from both parties were united by one of the most powerful forces in American life—and that was after a council voted unanimously to rename Nashville’s airport for Dolly Parton. Their concern?
AI is kinda unglued
Anthropic CEO Dario Amodei published an essay on his personal website on Saturday titled “We Must Pace the Frontier.” According to the tech founder:
- AI has grown “drastically faster” this summer.
- The OpenAI-Hugging Face hack is spooky because the AI agents involved became a “fanatically devoted collective” that sacrificed themselves “for the success of the group,” and attempted to keep human engineers from finding out what they did.
- Ergo, “in 6–12 months such a swarm could be capable of taking over the entire internet,” which would potentially cause “hundreds of billions of dollars in damage” and, you know, could topple civilization.
🇾🇪 Fighting in Yemen intensified over the weekend. Government forces in Yemen launched attacks against the Iran-aligned Houthis along the Red Sea, including on Houthi positions in Mokha, the port city that the rebels captured last week. The Houthis are escalating attacks on the oil infrastructure of Saudi Arabia, which supports Yemen’s government. Additionally, the Houthis are just 20 miles away from the US military base in Djibouti, on the Horn of Africa. The United Nations migration agency said yesterday that 82,000 people in Yemen have been displaced so far this month.
sorry for a short report running behind today.
Nickel & Related Metal News
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Good Read
Answer to today's trivia question: Seaweed