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Business, Precious Metals

“Inside Saudi Arabia’s plan to dominate mining”

“Saudi Arabia sees vast riches beyond oil within its reach. The kingdom’s broad-ranging ambition, a top mining official told Semafor, is to extract the more than $2.5 trillion in metals in its soil, invest in minerals extraction around the world,… Continue Reading…

Precious Metals

“Gold Climbs to Record on Mix of Fed Pivot and Geopolitical Risks”

“… …” https://www.bloomberg.com/news/articles/2024-03-05/gold-climbs-to-record-as-momentum-builds-on-rate-bets To maximize profit silver is the play to make not gold in my opinion. It’s under valued more than gold is at the moment.

Precious Metals

“Gold Demand to Hit Record With Central-Bank Buying, WGC Says”

“Overall consumption climbed by about 3% to 4,899 tons last year, supported by strong demand in the opaque over-the-counter market, as well as from sustained central-bank buying, according to the WGC’s full-year report. That’s the highest total figure in data… Continue Reading…

Economy, Precious Metals

“Demand for lithium and other critical minerals is skyrocketing, IEA says, but concerns over supply linger”

“…In a new report published Tuesday, the Paris-based organization said the period between 2017 and 2022 saw a “tripling in overall demand for lithium, a 70% jump in demand for cobalt, and a 40% rise in demand for nickel.”… Investment in the… Continue Reading…

Precious Metals

“How To Tell If Silver Is Real: 3 Quick Tests For Silver”

“Silver is probably the precious metal you are most likely to see while out in the world. It’s an incredibly popular material that has been used for generations to make jewelry, silverware, decorative artwork, and functional items. Jewelry is commonly… Continue Reading…

Precious Metals

“The World Is On The Verge of A Significant Silver Supply Shortage”

“EDITOR’S NOTE: According to the silver institute, last year’s silver market already saw a multi-year shortage in supply and production. With industrial and retail demand estimated to increase by a record 18% from last year, the current silver deficit is expected to jump by 400%. We’re… Continue Reading…

Economy, Precious Metals

“Central Banks And Unknown Buyers Are Scooping Up A Record Amount of Gold”

“EDITOR’S NOTE: If all you listen to is mainstream financial news, all you’ll hear about are the “fashionable” narratives that, though intriguing, may mean zilch at the end of the day. So, you heard about gold’s plunge in October in contrast to… Continue Reading…

Economy, Precious Metals

“A Great Copper Squeeze Is Coming for the Global Economy”

“The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on fears that a global recession will stunt demand… Continue Reading…

Precious Metals

“Palladium Shoots To An All-Time High Amid Fears Of Scarcity”

“EDITOR’S NOTE: Palladium prices just hit an all-time record of $3,440.76 an ounce before pulling back to levels that are still historically elevated. This palladium high shouldn’t be much of a surprise considering that Russia is the world’s largest palladium… Continue Reading…