marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
metals
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 […]
01/10/2023
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By Arsenio Toledo
MORE METAL: China’s public gold holdings now over 2000 tons after another huge purchase in December
The central bank of China has acquired another 30 tons of gold in December, bringing the communist nation’s total public gold holdings to 2,010 tons. Data uploaded onto the central bank’s website on Saturday, Jan. 7, showed that the People’s Bank of China (PBoC) has raised its holdings for the said month. This follows the announced […]
01/06/2023
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By Belle Carter
Gold prices soar to 6-month high, widely expected to go higher in coming months
Prices of gold soared to a six-month high in the early hours of Tuesday, Jan. 3, according to trading data. CNBC reported that the precious metal’s cost peaked just below $1,850 per troy ounce before easing off to trade around $1,838. U.S. gold futures were up one percent at $1,844.10. Analysts believe the rally will continue throughout the year. The news portal also cited […]
12/22/2022
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By Belle Carter
Comex: Silver is being drained from the vaults since the start of 2022
The current trends from Comex, the global derivatives market that allows trading in futures contracts of gold and silver, show that silver is being drained from the vaults since the start of the year. New York-based precious metals dealer SchiffGold wrote on its website that the drainage since the start of the year has been […]
11/04/2022
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By Arsenio Toledo
Central banks all over the world are buying gold at a furious pace
Central banks all over the world are accumulating gold reserves at a record pace not seen in 55 years. According to the World Gold Council (WGC), central banks all over the world purchased a record-breaking 399 tons of bullion during the third quarter of 2022, massively raising the global demand for precious metals. The WGC also […]
11/02/2022
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By Arsenio Toledo
Health Ranger Report: Gold and silver can help safeguard your assets as COLLAPSE of traditional pension systems looms
In a special episode of the “Health Ranger Report,” Mike Adams discussed how traditional pension systems around the world are on the brink of collapse and how the only way for people to save their money is by investing it in solid assets like precious metals. Pension funds all over the world are already on […]
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 […]
09/23/2022
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By Belle Carter
Lockdown aftermath: Chinese copper giant hits liquidity crisis
One of China’s most influential commodities traders has recently asked for government and financial institutions’ help after liquidity issues hit him hard. He Jinbi, founder and chairman of Xi’an Maike Metals International Ltd., is now suffering a liquidity crisis, and his empire is under threat. The company handles a million tons of copper a year, amounting to a […]
09/15/2022
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By Ethan Huff
SANCTIONS BACKFIRING: European manufacturers closing up shop due to skyrocketing energy costs
There is a pretty good chance that Europe is done for as it pertains to manufacturing. The soaring cost of energy has made it prohibitively expensive for primary-metals producers and other heavy industries to continue doing business across the continent, which is boycotting Russian energy over Vladimir Putin’s invasion of Ukraine. Anti-Russia sanctions have all […]
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