GATA

Alasdair Macleod: Monetary metals are ready for their next move

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, August 22, 2025

Quiet conditions in precious metals belie explosive upside potential, given a government bond market crisis developing in all major currencies.

Consider subscribing to GATA supporter Mike Ballanger's daily market letter

Section: Daily Dispatches

11:35a ET Sunday, August 24, 2025

Dear Friend of GATA and Gold:

GATA long has been reading the daily market letter from our old friend Michael J. Ballanger in Canada, a letter that concentrates on the mining industry but often has a wider focus and, unlike most financial letters, acknowledges market manipulation. Your secretary/treasurer thinks it's a great letter and as you'll see below, Ballanger now is taking new subscribers again and is offering a substantial subscription fee discount to GATA supporters.

I think you'll enjoy it and find it profitable.

Play silver's breakout by donating to GATA

Section: Daily Dispatches

11:30a ET Sunday, August 24, 2025

Dear Friend of GATA and Gold:

Like gold, silver now seems to be breaking out of its longstanding derivatives clutches engineered by the U.S. government and its investment bank agents. But this largely surreptitious manipulation of the monetary metals markets hasn't been overthrown yet.

JPMorgan to pay $330 million to settle claim of fraud against Malaysian sovereign wealth fund

Section: Daily Dispatches

By Simon Foy and Philip Georgiadis
Financial Times, London
Saturday, August 23, 2025

JPMorgan has agreed to pay $330 million to the Malaysian government to settle claims related to its role in the 1MDB financial scandal.

In a joint statement with the Malaysian government on Friday, JPMorgan said it would contribute the amount to Malaysia's Assets Recovery Trust Account "without admission of liability."

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GATA's Steer discusses silver's likely breakout from suppression by derivatives

Section: Daily Dispatches

12:04p ET Saturday, August 23, 2025

Dear Friend of GATA and Gold:

GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest letter, was interviewed this week by Jesse Day of the Commodity Culture channel on YouTube, discussing silver's likely breakout from the clutches of the banks that have been suppressing prices with derivatives even as physical supply gets extremely short. China, Steer says, is busily acquiring silver directly from miners, avoiding the market rigging in New York and London. 

Kalgoorlie's Super Pit aims to reclaim crown as Australia's biggest-producing gold mine

Section: Daily Dispatches

By Jarrod Lucas
Australian Broadcasting Corp., Sydney
Saturday, August 23, 2025

From the public viewing platform overlooking Kalgoorlie's Super Pit gold mine, Greg Hewitt reflects on a four-decade career as an underground miner.

He spent 25 years lugging around a heavy rock drill, known as an air-leg, chasing rich gold deposits at what was once considered the richest square mile on Earth.

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