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Daily Dispatches

Investors balk at $9.5-billion takeover of Canada's New Gold as acquirer's shares tumble 12%

Section: Daily Dispatches

By Tim Kiladze
The Globe and Mail, Toronto
Monday, November 3, 2025

Coeur Mining Inc. shares took a dive after the silver and gold producer announced its $9.5-billion acquisition of New Gold Inc., a takeover that, if approved, will see one of Canada's leading intermediate gold producers fall into American hands.

The deal follows Anglo American Plc's offer to buy Canada's Teck Resources Ltd. in September, marking another instance in which a respected Canadian miner is selling itself rather than bulking up by being the acquirer.

Mike Maharrey: Central bank gold buying hit highest level of the year in September

Section: Daily Dispatches

By Mike Maharrey
Money Metals News Service, Eagle, Idaho
Tuesday, November 4, 2025

Central bank gold buying hit the highest level of the year in September, with several new banks adding to their reserves.

Globally, central banks officially added a net 39 tonnes of gold to their holdings in September. That was up 79% month-on-month and was above the 12-month average of 27 tonnes.

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More 'theoretical' gold is on the way

Section: Daily Dispatches

Wall Street Says Tokenization Will Change Markets, and Gold Is Next

By Ines Ferre
Yahoo News, Sunnyvale, California
Sunday, November 2, 2025

Gold's rise to all-time highs this year has sparked a growing appetite for tokenized bullion as investors look for ways to take part in the "debasement trade," but on blockchain.

The precious metal issued in token form uses the same technology that underpins cryptocurrencies, with issuer guarantees that the tokens are backed by physical gold securely held and designed to closely mirror the price of gold.

Coeur Mining acquires Canada's New Gold in all-stock $7 billion deal

Section: Daily Dispatches

By Simon Casey
Bloomberg News
Monday, November 3, 2025

Coeur Mining Inc. agreed to acquire New Gold Inc. for about $7 billion in an all-stock deal that consolidates two midsize North American gold producers as surging bullion prices have reignited investor interest in the sector.

The deal marks the largest takeover between gold producers in 2025 and follows this year's record-breaking rally for the metal, with prices soaring above $4,000 an ounce. 

Chris Powell: First they ignore you, then they laugh at you, then they fight you, and then. ...?

Section: Daily Dispatches

Illustrations for this presentation are posted here.

* * *

Remarks by Chris Powell
Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Sunday, November 2, 2025

ILLUSTRATION 1 -- INTRODUCTION

There is a saying about political struggle: "First they ignore you, then they laugh at you, then they fight you, and then you win."

Recent gold and silver volatility was the flushing of margined speculators, Maguire tells LFTV

Section: Daily Dispatches

3:06p CT Saturday, November 1, 2025

Dear Friend of GATA and Gold:

Recent volatility in gold and silver prices, London metals trader Andrew Maguire tells Kinesis Money's "Live from the Vault" this week, has been mainly a matter of bullion banks flushing speculative naked longs -- highly margined longs -- out of their futures markets positions and then flushing them out again when they turned naked short to try to recover what they had lost while naked long.

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Dimitri Speck: Silver high -- Where was it in 1980, how did it develop in 2011, and is a bear market looming?

Section: Daily Dispatches

By Dimitri Speck
SilverSeek.com
Saturday, November 1, 2025

Most recently, in October 2025, the silver price rose above $50 per troy ounce. Silver had already reached this level in 1980 and then again in 2011. On both occasions, this was followed by a prolonged decline in prices. Some investors are therefore wondering whether such a decline is looming again. To answer this question, let us first take a closer look at the situation at that time.

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Dave Russell: The people's gold standard

Section: Daily Dispatches

By Dave Russell
GoldCore, Dublin
Friday, October 31, 2025

Across Russia household wealth is undergoing a transformation. 

Citizens who once saved in euros and dollars are now accumulating small bars, coins, and jewelry. What began as a reaction to sanctions and currency restrictions has evolved into a structural change in how Russians perceive and preserve wealth. 

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Alasdair Macleod: Game on for gold and silver

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, October 31, 2025

Despite recent weakness in gold and silver, the early indications are that the current consolidation phase is unlikely to last long before prices resume their uptrend.

It may be too early to conclude that after the shakeout of the last two weeks we have seen the bottom in gold and silver prices. But current physical liquidity constraints and the reasons for buying gold and silver have not gone away, suggesting that prices are being set up for another run higher.

You don't have to know what it means to miss New Orleans, so join GATA there

Section: Daily Dispatches

1:40p CT Friday, October 31, 2025

Dear Friend of GATA and Gold (and Silver):

In 1947 Billie Holiday and Louis Armstrong asked the musical question: Do you know what it means to miss New Orleans?:

https://www.youtube.com/watch?v=7ftMumYGwxI

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