Mali returns 3 tons of gold to Barrick, sources tell Reuters
Submitted by admin on Sat, 2025-12-13 08:18 Section: Daily DispatchesBy Portia Crowe
Reuters
Friday, December 12, 2025
A Malian judge has ordered the return to Barrick Mining of 3 metric tons of gold seized nearly a year ago from the company's Loulo-Gounkoto complex, according to two people familiar with the matter.
The gold, worth about $400 million, was seized by a military helicopter in January following a confiscation order from a Malian judge. It has remained at the BMS bank in Mali's capital, Bamako, since then, according to both sources.
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Huge Chinese silver orders broke CME Group's futures market on Nov. 28, Maguire tells LFTV
Submitted by admin on Fri, 2025-12-12 22:26 Section: Daily Dispatches10:25p ET Friday, December 12, 2025
Dear Friend of GATA and Gold:
The hours-long suspension of CME Group's global futures trading platform on November 28 was not prompted by a cooling failure at a data center, as officially maintained, but by huge silver purchase orders from Chinese buyers, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program.
Paul Brownstein: QE at the top is permanent, structural, and inevitable
Submitted by admin on Fri, 2025-12-12 20:27 Section: Daily DispatchesBy Paul Brownstein
ChartsAndParts.Substack.com
Friday, December 12, 2025
Quantitative easing (QE) used to arrive with sirens. A crisis. A panic. A market freeze.
We'd break the glass, flood the system, patch the holes, and swear we'd unwind it later.
Not this time. This time, we got QE at the top -- with markets near the highs, consumer price index elevated, and the Fed cutting rates.
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Adam Sharp: 'Trading sardines' and paper silver
Submitted by admin on Fri, 2025-12-12 18:31 Section: Daily DispatchesBy Adam Sharp
Daily Reckoning, Baltimore
Friday, December 12, 2025
There is an old trading story about sardines, and it's surprisingly relevant to silver today.
During the gold rush in the late 1800s miners were striking it rich in remote parts of Alaska.
But supplies were scarce and expensive. Eventually a large market for basic goods developed, and some suppliers spent more time trading food for profit rather than selling it for consumption.
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'Rigged' author Stuart Englert: Unrigged -- The jig is up
Submitted by admin on Fri, 2025-12-12 11:25 Section: Daily DispatchesBy Stuart Englert
StuartEnglert.Substack.com
Friday, December 12, 2025
"Suppression of precious metals won't last forever. Ultimately the law of supply and demand will prevail as purchases of physical gold -- and possibly silver -- overwhelm trading of imaginary metal."
When I made that prediction six years, I had no idea exactly when the price suppression scheme would unravel, or how high and fast gold and silver prices would rise as confidence in fiat currencies declined, and demand for financial safe havens and sound money rose.
Italy has resolved dispute with ECB over gold reserves, Treasury sources say
Submitted by admin on Fri, 2025-12-12 10:32 Section: Daily DispatchesBy Giuseppe Fonte
Reuters
Thursday, December 11, 2025
ROME -- Italy has resolved differences with the European Central Bank over a draft budget amendment on the ownership of the Bank of Italy's gold reserves, Italian Treasury sources said today.
The ECB was not immediately available to comment.
