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16 Apr 2021
GM and LG to spend $2.3 billion on second EV battery plant in U.S.
(Read more)[CNBC] “The addition of our second all-new Ultium battery cell plant in the U.S. with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future,” GM CEO Mary Barra said in a release.
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15 Apr 2021
Electric vehicles may be 'the biggest change in the 100-year plus history' of the auto industry: UC Berkley Prof
(Read more)“This is probably the biggest change in the 100-plus-year history of the industry,” Harley Shaiken, auto expert and professor at the University of California, Berkeley, told Yahoo Finance Live.
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15 Apr 2021
Lawrence Reed - Modern Parallels to the Fall of Rome
SBTV spoke with Lawrence Reed, President Emeritus of the Foundation for Economic Education (FEE), about the modern parallels we are witnessing today to the fall of the Roman empire.
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14 Apr 2021
Skyrocketing metal prices threaten to hinder EV affordability
(Read more)[Bloomberg]: A surge in demand for EVs is sending the price of (base metals) soaring, threatening to slow the push toward making cheaper batteries that are key to more widespread adoption.
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14 Apr 2021
Chinese Auto Giant Geely Explores SPAC Deals
(Read more)[WSJ]: Geely (and its Swedish subsidiary Polestar) are discussing the pros and cons of Polestar going public by merging it with a SPAC and boosting its valuation sharply...Geely...begun overhauling its strategy in recognition that it has fallen behind in the transition to EVs...
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13 Apr 2021
10 Mins with Florian Grummes: Silver & Gold Now Oversold, A Contrarian Opportunity Again
We are joined on Metal Money by Florian Grummes of Midas Touch Consulting. Florian sees a huge opportunity in precious metals given no end in central banks expanding their balance sheets constantly. Without which civil war will break out immediately.
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12 Apr 2021
Nickel price falls as China warns on raw material prices
(Read more)The nickel price’s attempt at a comeback from the Tsingshan-induced slump was knocked back...after successive warnings from China’s top politicians about raw material prices hurt sentiment across industrial metals markets.
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12 Apr 2021
Panasonic sees bigger cells as key to affordable EVs but is skeptical of Tesla format change
(Read more)[Greencarreports.com] In the interview, Takamoto said larger cells would enable truly affordable EVs because fewer would be needed to power a car, saving on manufacturing costs. However, he still seemed somewhat skeptical of the larger format.
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12 Apr 2021
Bloomberg Features Silver Bullion's Upcoming 15,000-ton Capacity Vault
Inside a six-story high warehouse near Singapore’s Changi airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling.
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12 Apr 2021
Singapore Dealer Prepares Vault for 15,000 Tons of Silver
(Read more)[Bloomberg]: The vault that’s being built by Silver Bullion Pte Ltd. will -- when completed in the first half of next year --- be able to store 15,000 tons of silver.