Thailand gold trading house takes in more money than country's government spends
Submitted by admin on Mon, 2025-12-08 21:57 Section: Daily DispatchesGold Frenzy Puts Thai Trading House on Record Trajectory
By Suttinee Yuvejwattana
Bloomberg News
Monday, December 8, 2025
Unprecedented gold prices and a surge in retail sales may push revenue at Thailand's largest gold trading house to a record 5 trillion baht ($157 billion) this year, according to Hua Seng Heng Chief Executive Officer Tanarat Pasawongse.
Robert Lambourne: Bank of England increasingly looks like headquarters of gold-market rigging
Submitted by admin on Mon, 2025-12-08 13:34 Section: Daily DispatchesBy Robert Lambourne
Monday, December 8, 2025
Developments this year have strengthened suspicions that the Bank of England is complicit in gold price suppression, especially developments with the custody of the United Kingdom's reserves of foreign exchange and gold held in the government's Exchange Equalisation Account.
The audited annual report of the EEA for the year to March 31, 2025, still has not been published. It is usually published in July. This delay was disclosed by GATA in a dispatch on October 7:
Having long secretly meddled in gold for central banks, BIS blames retail investors for 'bubble'
Submitted by admin on Mon, 2025-12-08 08:16 Section: Daily DispatchesRetail Investors Help Drive Gold and U.S. Stocks to Bubble Territory, BIS warns
By Leslie Hook and Martin Arnold
Financial Times, London
Monday, December 8, 2025
Retail investors are helping drive gold and U.S. stocks toward "bubble" territory, raising the risk of a disorderly reversal, the Bank for International Settlements has warned.
In its latest quarterly review, published Monday, the BIS said that gold and U.S. stocks showed the hallmarks of a bubble, including retail investor "exuberance," surging valuations, and media hype.
Silver and copper eclipse gold as top metals bets amid supply fears
Submitted by admin on Sun, 2025-12-07 10:34 Section: Daily DispatchesBy David Marino and Yvonne Yue Li
Bloomberg News
via Yahoo News, Sunnyvale, California
Sunday, December 7, 2025
Silver and copper have replaced gold as the hot metal trade heading into 2026, with institutional and retail traders positioning for record rallies.
BIS gold swaps fall from 54 tonnes in Oct. to 39 in Nov.
Submitted by admin on Sat, 2025-12-06 23:47 Section: Daily Dispatches11:47p ET Saturday, December 6, 2025
Dear Friend of GATA and Gold:
GATA consultant Robert Lambourne reported today that gold swaps undertaken by the Bank for International Settlements, the central bank of the central banks and a broker for them in the gold market, fell markedly in November, from 54 tonnes in October to 39 tonnes.
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Africa remains full of rich countries insisting on being poor
Submitted by admin on Sat, 2025-12-06 23:27 Section: Daily DispatchesFrom Gold to Oil: 8 African Countries Sitting on Untapped Natural Resources
By Olamilekan Okebiorun
Business Insider, New York
Friday, December 5, 2025
Africa is home to some of the world's richest natural resources, yet many of its reserves remain largely untapped.
From bauxite and copper to gold, uranium, and oil, these resources hold enormous potential to transform economies, attract foreign investment, and position the continent as a key player in the global supply of minerals and energy.
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