Rio Tinto

Rio Tinto showed profit less than expected. This is real cash. And has to be regarded as a premium to companies where cash is a relative experience.

It also shows why commodities are at all time highs: it is tough to produce commodities while demand is continuous.

As for the market, it should be strong this morning but it will be telling later in the day. It is not good to see oil and gold be weak because then there is a fear of deflation. Then again, short term, it might be since "the big boys" may get out of their oil trade and buy some stocks.