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News & Articles By Arsenio Toledo
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
12/20/2023
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By Arsenio Toledo
Over $100M worth of gold sold by Costco as the precious metal surges in value
The Chief Financial Officer (CFO) of wholesale retailer Costco announced that the company has sold more than $100 million worth of gold during the quarter that ended on Sept. 30, as consumers flock to gold as a haven investment. “You’ve probably read about the fact that we’re selling one-ounce gold bars. We sold over $100 […]
10/10/2023
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By Arsenio Toledo
Israel-Palestine war causes GOLD PRICES to RALLY as demand for safe haven investment increases amid chaos
Gold prices are trading significantly higher in the United States following the renewed outbreak of conflict between Israel and Palestine, as more investors are looking for safe havens to protect from other unexpected major geopolitical shocks that could shake the global economy. Israel has declared war on the pro-Palestinian Islamic fundamentalist terrorist group Hamas and […]
07/28/2023
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By Arsenio Toledo
BRICS bloc’s proposed gold-backed currency could spell an END to the US dollar
The BRICS bloc of developing nations wants to create a common currency backed by gold. If the organization pushes through with this, it could spell the end for the United States dollar. This is according to multiple experts who warn that BRICS’ proposal to leverage the power of gold could end with these five nations […]
07/21/2023
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By Arsenio Toledo
Scientists discover evidence of SELF-HEALING METALS
A new study by scientists in the United States has presented evidence of pieces of metal fusing back together and healing themselves without any human intervention. The study, published in the journal Nature, found that pieces of pure platinum and copper spontaneously healed cracks caused by metal fatigue during nanoscale experiments. The experiments were designed specifically to study […]
07/10/2023
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By Arsenio Toledo
China enacts export restrictions on two crucial metals amid escalating trade war with US
China has just instituted massive export restrictions on two metals – gallium and germanium – necessary for the manufacturing of crucial technologies. According to a notice by China’s Ministry of Commerce and General Administration of Customs, the export controls will come into effect on August 1. These restrictions also include several of their compounds. The communist nation said […]
07/10/2023
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By Arsenio Toledo
Chinese mining companies accused of human rights and environmental abuses in pursuit of “green transition”
A new report has accused Chinese corporations of more than a hundred human rights and environmental abuses at mines where China is producing much of the world’s supply of minerals for green energy projects, such as lithium, cobalt, copper and rare earth minerals. This is according to the Business and Human Rights Resource Center (BHRRC), a […]
07/06/2023
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By Arsenio Toledo
Car companies are expanding into the lithium mining business to secure their supplies for EV manufacturing
Major American car companies are expanding into the lithium mining business to prevent possible lithium supply snags for electric vehicle (EV) manufacturing. Lithium, sometimes referred to as “white gold” for its high value and silvery white color, has fueled a new global mineral rush with the element being critical in the manufacturing of lithium-ion batteries that power […]
05/25/2023
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By Arsenio Toledo
Copper-gold price ratio indicates unhealthy economy, raising possibility of RECESSION
More signs of a coming recession are appearing in the precious metals market as the copper-gold price ratio indicates that the United States has a very unhealthy economy. The copper-gold ratio is regularly used as a financial indicator by institutional asset managers to gauge the overall health of the economy, investor sentiment regarding the market and […]
05/17/2023
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By Arsenio Toledo
GREEN SHORTAGE: Lack of lithium preventing Indonesia from becoming a global hub for EVs
Indonesia’s goal of becoming a global hub for electric vehicles (EVs) and for the production of EV components has one great obstacle in front of it: a lack of lithium. Indonesian Coordinating Minister of Maritime and Investment Affairs Luhut Binsar Pandjaitan noted in a statement made in February that the country is on the cusp […]
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