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News & Articles By Arsenio Toledo
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 […]
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 […]
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