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News & Articles By Arsenio Toledo
04/27/2023
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By Arsenio Toledo
United Kingdom confirms depleted uranium tank ammunition already in Ukraine
The Ministry of Defense of the United Kingdom has confirmed that it has already shipped depleted uranium ammunition to Ukraine and that some of them have already arrived in the conflict-stricken nation. The U.K. first announced that it was providing Ukraine with depleted uranium munitions last month when it agreed to send British-made Challenger 2 main battle tanks […]
04/09/2023
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By Arsenio Toledo
Central banks continue their streak of accumulating more gold in 2023
The world’s central banks continued their streak of accumulating gold during the first two months of 2023, according to the latest report from the World Gold Council. Year-to-date, the world’s central banks made a net purchase of 125 tonnes (137.79 tons) of gold. “On a year-to-date basis … this is the strongest start to a year […]
04/02/2023
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By Arsenio Toledo
Tennessee passes bill authorizing state treasurer to buy, sell and stockpile gold and silver
Tennessee Gov. Bill Lee has signed into law a bill that creates a state reserve that can purchase, sell and stockpile precious metals like gold and silver. Gold experts note that the state law gives Tennessee the ability to “achieve more financial independence with gold and silver reserves” and could prevent the state from feeling […]
03/03/2023
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By Arsenio Toledo
Central banks continue to stockpile gold as recession looms
Despite claims from central banks and governments that they have avoided a greater global economic meltdown, inflation is still on the rise and recession is still on its way – and central banks are preparing for it by stockpiling even more gold. This is according to Lynette Zang, chief market analyst of ITM trading, who warned […]
02/10/2023
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By Arsenio Toledo
China is replacing its US Treasury holdings with GOLD
China is accelerating its selling of United States Treasury securities and replacing its holdings with more gold. Since 2008, the communist nation has been one of the largest foreign holders of U.S. Treasuries. It started selling off its U.S. Treasuries slowly in 2018, right around the same time when the country started buying more gold. […]
02/01/2023
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By Arsenio Toledo
Demand for gold surges to highest rate in over a decade as world’s central banks continue buying spree
The World Gold Council (WGC) reports that demand for gold from central banks has surged to its highest rate in more than a decade in 2022, as central banks turn to gold as a haven asset during this period of heightened geopolitical tensions. The WGC reported that annual demand for gold increased by 18 percent […]
01/31/2023
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By Arsenio Toledo
Big Tech demand for cobalt drives SLAVE MINES in the Congo
Images taken from inside a cobalt mine in the Democratic Republic of the Congo (DRC) in Africa show the terrible working conditions that help fuel the creations showcased by Big Tech companies like Apple and Tesla. Roughly 90 percent of the world’s cobalt supply is mined in the DRC. Cobalt is one of the chemical elements […]
01/20/2023
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By Arsenio Toledo
Global DE-DOLLARIZATION is on the way as world’s central banks buy gold at fastest pace in 55 years
The world’s central banks are buying gold at the fastest pace since 1967, and metals expert Andy Schectman warned that people need to follow suit and invest in precious metals to avoid the worst impacts of this global de-dollarization. Data compiled by the World Gold Council, an industry-funded organization, show that demand for gold has […]
01/18/2023
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By Arsenio Toledo
Aluminum price forecasts surge due to higher demand in Europe and China
Goldman Sachs has raised its price forecasts for aluminum in reaction to higher demand for the metal in Europe and China. But the Wall Street finance giant also warned that this increased demand could lead to supply shortages. In the London market, aluminum is expected to average $3,125 a ton this year, according to Goldman […]
01/17/2023
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By Arsenio Toledo
Sweden finds Europe’s largest deposit of rare earth elements … but it will take over a decade to start mining them
Swedish state-owned mining company LKAB announced on Thursday, Jan. 12, that it has identified a deposit of more than one million metric tons (1.102 million tons) of rare earth elements, by far the largest known deposit of such minerals in Europe. LKAB announced that the deposit was found in Kiruna, the northernmost city in Sweden, […]
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