GATA

GoldCore's Skoyles notes Indian government's hypocrisy on gold

Section: Daily Dispatches

1:25p ET Tuesday, May 12, 2026

Dear Friend of GATA and Gold:

GoldCore's Jan Skoyles today notes the Indian government's hypocrisy in telling its people not to buy gold even as the Reserve Bank of India increasingly holds gold as a superior form of money, as the money issued by the reserve bank, the rupee, is quickly losing value, and as other central banks steadily have been acquiring more gold as well.

... Dispatch continues below ...


... ADVERTISEMENT ...

Brien Lundin: Silver rings the bell

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities, Metairie, Louisiana
Monday, May 11, 2026

Something very interesting is happening in the metals and mining market.

As you know, the winds of war have been driving every asset market. Stocks, bonds and commodities (including gold and silver) have risen along with hopes for peace, while oil and the dollar have fallen when those hopes emerge.

... Dispatch continues below ...


... ADVERTISEMENT ...

India's leader urges people to stop buying gold as Asia scrambles for energy

Section: Daily Dispatches

From the Australian Broadcasting Corp., Sydney
Sunday, May 10, 2026

Indian Prime Minister Narendra Modi has appealed to the country's 1.4 billion people to work from home, avoid travel, and stop buying gold, as the Iran war continues to send energy costs soaring.

Modi today called for a return to work-from-home arrangements and online meetings, measures adopted during the COVID-19 pandemic.

... Dispatch continues below ...


... ADVERTISEMENT ...

Trump muses vacantly again about whether gold remains in Fort Knox

Section: Daily Dispatches

No mention of leases, swaps, and other market interventions ... and no follow-up questions.

* * *

Trump Still Wants to Visit Fort Knox to Confirm Gold Has Not Been Stolen

By Ryan King
New York Post
Sunday, May 10, 2026

President Trump believes this is his golden opportunity.

The president revealed that he's still eager to crack open Fort Knox and personally ensure that the nation's gold reserve -- valued at nearly $700 billion -- is still in the highly secure bullion depository following an uproar about it last year.

Ed Steer: The silver stocks' big rally is crushed immediately

Section: Daily Dispatches

10:54a ET Sunday, May 10, 2026

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "The Silver Stocks' Big Rally Is Crushed Immediately," is posted in the clear at SilverSeek here:

https://silverseek.com/article/silver-stocks-big-rally-crushed-immediately

Japan to keep intervening to defend 160-per-dollar level, ex-BOJ official says

Section: Daily Dispatches

By Leika Kihara
Reuters
Thursday, May 7, 2026

TOKYO -- Japan likely intervened during the Golden ​Week holidays and will step back into the market if the yen renews its slide below the psychologically ‌key 160-per-dollar level, Atsushi Takeuchi, a former central bank official who took part in Tokyo's market forays a decade ago, told Reuters.

... Dispatch continues below ...


... ADVERTISEMENT ...

Are you ready to safeguard your assets using precious metals?