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Daily Dispatches

Brien Lundin: It looks like desperation in the gold market

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Wednesday, February 19, 2025

I've been reporting on the extraordinary gold flows of recent weeks, which have been driving the price of gold to record levels.

Those mysterious flows, generally blamed on concerns over potential U.S. tariffs on gold and silver, have combined with other factors to indicate that something much deeper and more compelling is happening.

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Paul Craig Roberts: Whose gold, if anyone's, is in Fort Knox?

Section: Daily Dispatches

By Paul Craig Roberts
Wednesday, February 19, 2025

If there is gold in Fort Knox, whose is it? 

Many bullion dealers believe that any gold in Fort Knox is not ours. Over the decades the gold was "leased" to bullion dealers who sold it into the gold market, thereby protecting the value of the dollar by holding down the gold price.

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China's holdings of U.S. Treasuries fall to lowest level since 2009

Section: Daily Dispatches

By Arjun Neil Alim, Cheng Leng, Harriet Clarfelt
Financial Times, London
Wednesday, February 19, 2025

China's holdings of Treasuries have fallen to their lowest level since 2009, as Beijing holds more of its U.S. government bonds through lower-profile accounts and diversifies into alternative assets.

The value of U.S. sovereign debt held by Chinese investors fell by $57 billion to $759 billion in 2024, data published by the U.S. Treasury on Tuesday showed. This does not include Chinese-owned Treasuries held in accounts in other countries.

Please help us stay in the fight until victory

Section: Daily Dispatches

7a ET Wednesday, February 19, 2025

Dear Friend of GATA and Gold:

We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.

Gold price suppression is almost a respectable topic now, even if GATA is still not respectable enough to get mentioned by mainstream financial news organizations even as we pummel them every day with evidence of their dishonesty.

Craig Hemke at Sprott Money: Some golden speculation

Section: Daily Dispatches

6a ET Wednesday, February 19, 2025

Dear Friend of GATA and Gold:

The TF Metals Report's Craig Hemke, writing today at Sprott Money, details the most probable scenario arising from the seemingly frantic transfer of gold from London to New York. Fear of tariffs, Hemke writes, is just a cover story to prevent panic while the United States recovers the gold it needs to have in hand for a revaluation.

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Congratulations, Kitco! We've got your tinfoil hat

Section: Daily Dispatches

5:36a ET Wednesday, February 19, 2025

Dear Friend of GATA and Gold:

Times really are changing.

Gold and silver news and data internet site Kitco.com, which for years disparaged and then for more years ignored complaints of gold price suppression by Western governments and central banks, apparently can ignore them no longer.

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Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico

Gold revaluation risks 'messy' outcome for Fed, Wrightson says

Section: Daily Dispatches

By Alexandra Harris
Bloomberg News
via Yahoo News, Sunnyvale, California
Tuesday, February 18, 2025

Revaluing the U.S. gold stockpiles might look tempting under debt-ceiling constraints but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve's balance-sheet unwind, according to Wrightson ICAP.

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LBMA's gold shortage exposed: Spreads widen as paper market crumbles

Section: Daily Dispatches

From Bullion Star, Singapore
Monday, February 17, 2025

Over the past few weeks, financial markets have experienced an unprecedented widening of spreads between spot and futures prices for both gold and silver.

Traditionally narrow, these spreads have expanded to as much as USD $60 for gold and over USD $1 for silver. This significant discrepancy has created unique arbitrage opportunities, prompting substantial flows of physical metals from London to New York, as traders capitalize on lower spot prices in London and higher futures prices in New York.

Musk signals DOGE will look into gold at Fort Knox

Section: Daily Dispatches

By Alex Gangitano
The Hill, Washington
Monday, February 17, 2025

Tech billionaire Elon Musk signaled today that he will be looking into Fort Knox, where the United States has a massive and heavily secured gold reserve.

"Looking for the gold at Fort Knox. ..." Musk wrote on the social platform X.

He also shared a post from Sen. Mike Lee, R-Utah, on X, in which the senator said he has been denied access to Fort Knox, an Army installation in Kentucky.

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Jp Cortez in NY Sun: Will Musk join sound money campaign for U.S. gold reserve audit?

Section: Daily Dispatches

By Jp Cortez
The New York Sun
Monday, February 17, 2025

https://www.nysun.com/article/will-elon-musk-join-the-campaign-by-sound-money-advocates-for-an-audit-of-americas-gold-reserves

An X exchange over the weekend is bringing new light to an issue long shrouded in mystery -- the status of America's purported stockpile of 8,133 tons of gold stored at Fort Knox and other government vaults across the country.

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