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Daily Dispatches

'LFTV' panelists agree that the world has figured out U.S. market rigging

Section: Daily Dispatches

9:10a ET Saturday, January 18, 2025

Dear Friend of GATA and Gold:

Kinesis Money's "Live from the Vault" program with London metals trader Andrew Maguire is an excellent discussion with metals market experts Andy Schectman, Craig Hemke, and Robert Kientz about the prospects for the monetary metals in the new year.

Trump tariff risks fuel a chaotic hunt for gold in London

Section: Daily Dispatches

By Jack Ryan, Yvonne Yue Li, and Sybilla Gross
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, January 17, 2025

The risk that President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London.

Argentina ordered to reveal location of central bank gold

Section: Daily Dispatches

By Facundo Iglesia
Buenos Aires Herald
Wednesday, January 15, 2025

New York Federal Judge Loretta Preska has ordered Argentina to hand over information on the central bank's gold reserves per a request filed by hedge fund Burford Capital in October. 

The discovery order is the latest in the saga of a US$16.1 billion lawsuit it won against the country in 2023 for the expropriation of energy company YPF.

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Jan Nieuwenhuijs: Why gold will continue to shine in 2025 and beyond

Section: Daily Dispatches

By Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Friday, January 17, 2025

Gold's strong performance over the last two years must be seen as an acceleration in the deleveraging of the global financial system. After many decades of inordinate credit creation -- leading to excessive debt levels, asset bubbles, and too much monetary interdependence between nations -- the financial system has started to heal itself through a rising price of gold.

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Unusual situation in gold and silver markets may spark big price moves

Section: Daily Dispatches

From Money Metals Exchange, Eagle, Idaho
Tuesday, January 14,2025

The monetary metals pulled back sharply yesterday but have entered Tuesday on stable footing. Silver is trading at $29.90 and gold is $2,674.

The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import tariffs from the incoming Trump administration.

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Please help GATA financially and get a 1-ounce silver round commemorating our work

Section: Daily Dispatches

11:08a ET Tuesday, January 14, 2025

Dear Friend of GATA and Gold:

Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today.

Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them.

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Barrick suspends Mali gold operations as standoff escalates

Section: Daily Dispatches

By William Clowes and Katarina Hoije
Bloomberg News
Tuesday, January 14, 2025

Barrick Gold Corp. said it is suspending mining operations in Mali after the government started removing gold from the nation's biggest mine in the latest escalation of a months-long dispute.

Clint Siegner: Sound money would check government more than DOGE could

Section: Daily Dispatches

By Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, January 13, 2025

Many Americans are rooting for Donald Trump and his appointees to succeed in their herculean task of slowing or reversing government growth.

Along with the ad hoc working group dubbed the "Department of Government Efficiency (DOGE)," there is much discussion about how runaway big government might be stopped. But there hasn't yet been talk about how to keep it that way.

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Mali starts seizing gold stocks at Barrick site, company memo says

Section: Daily Dispatches

By Fadimata Kontao and Portia Crowe
Reuters
Monday, January 13, 2025

Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex.

The move suggests that Mali's military-led authorities are not ready to back down in a standoff over a contract based on new mining rules as they push for a greater share of revenues from Western miners.

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