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News & Articles By Kevin Hughes
03/17/2023
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By Kevin Hughes
Price of silver surges following SVB’s collapse
The price of silver soared on Monday, March 13, as its safe-haven appeal drew in investors scared by the recent collapse of Silicon Valley Bank (SVB). The price of the precious metal increased 6.3 percent to $21.81 per ounce during the morning session. “A lot of investors are looking to the precious metal space as a […]
03/02/2023
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By Kevin Hughes
Astronomers discover rare star system that could create gold-producing kilonova explosion
Astronomers have discovered a rare star system that could someday set off a powerful explosion and sprinkle space with gold. Located about 11,400 light-years from Earth, the “one-in-10-billion” star system called CPD-29 2176 was first recognized by the National Aeronautics and Space Administration (NASA). Further observations with the SMARTS 1.5-Meter Telescope at Chile’s Cerro Tololo […]
02/24/2023
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By Kevin Hughes
Explosion at Ohio metal factory kills 1, injures 13
An explosion at a metal manufacturing plant in Bedford, Ohio on Feb. 20 killed one person and injured 13 others. Footage showed firefighters trying to extinguish the blaze at the I. Schumann & Co. metal plant that makes copper, bronze and brass alloys. According to local media, an explosion at the plant during the afternoon […]
02/21/2023
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By Kevin Hughes
Andy Schectman calls JPMorgan the most nefarious group of traders for hoarding silver on a massive scale
Precious metals and finance expert Andy Schectman denounced banking giant JPMorgan as the most nefarious group of traders for hoarding silver on a massive scale. “I really do believe that JPMorgan understands – as maybe the most sophisticated yet nefarious group of traders on the planet – that silver, more so than gold even, is […]
02/21/2023
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By Kevin Hughes
Rafi Farber: Society will always go back to gold and silver in the event of a financial collapse
Rafi Farber of “The End Game Investor” (TEGI) remarked that people will always return to gold and silver whenever a financial collapse occurs. “Everything always goes back to gold and silver,” he told “Liberty and Finance” host Elijah K. Johnson during the podcast’s Feb. 16 edition. “When you have a collapsed society or you’re collapsing […]
01/11/2023
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By Kevin Hughes
8 Remarkable gold and silver artifacts discovered in 2022
Humans have been making gold and silver into jewelry, coins and other dazzling items for centuries. People find many of these valuable items from the past every year – and 2022 is no exception. Here are eight remarkable gold and silver artifacts found last year in different places across the globe. “Inexpensive jewelry” turns out to be […]
11/18/2022
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By Kevin Hughes
Crypto Nostradamus John Perez: Cryptocurrency scam is THE SCAM of the century
For Crypto Nostradamus John Perez, the cryptocurrency scam is the scam of the century. “They are all playing games, sucking money out and moving it. And the crypto scam is literally the scam of the century because it just makes every other scam. But the crypto ecosystem, in my opinion, is gone. It is dead […]
11/02/2022
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By Kevin Hughes
Steel giant ArcelorMittal forced to shut down two massive German steel facilities due to energy crisis
ArcelorMittal, the world’s second-biggest steel company, was forced to shut down manufacturing plants in Germany due to the worsening energy crisis there. The steel giant stopped operations at one of its largest steel plants in the German city of Hamburg in September before shutting down a blast furnace at its Bremen facility in October. The shutdowns sent shockwaves throughout […]
10/31/2022
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By Kevin Hughes
Copper faces long-term SHORTAGE as experts expect demand to exceed supply in the coming years
The copper market may face a shortage by the end of the decade. BHP Group Ltd. CEO Mike Henry pointed out that despite sufficient reserves of metals essential for decarbonization – such as copper, nickel and lithium – there remains the danger of “a mismatch between the timing of [an] increase in demand and when […]
09/14/2022
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By Kevin Hughes
EV maker Tesla looking to set up lithium refinery in Texas, eyes tax relief
Tesla Inc. is considering establishing a lithium refinery on Texas’ Gulf Coast in a bid to acquire a key component in electric vehicle (EV) batteries. The move comes amid soaring demand for electric cars. In an application filed with the Texas Comptroller’s Office, the company stated that it will process raw lithium ore “into a usable […]
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