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Daily Dispatches
U.S. gold suppression policy has been figured out and isn't working anymore, Maguire tells LFTV
Submitted by admin on Sat, 2024-09-21 08:40 Section: Daily Dispatches8:38a ET Saturday, September 21, 2024
Dear Friend of GATA and Gold:
Central banks not aligned with the United States have figured out U.S. gold price suppression policy and are blowing it away with steady purchases of physical gold, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program with Shane Morand.
Mitch Daniels: 'The day the dollar died' is coming, so what's the plan?
Submitted by admin on Fri, 2024-09-20 08:17 Section: Daily DispatchesBy Mitch Daniels
The Washington Post
Friday, September 20, 2024
https://www.washingtonpost.com/opinions/2024/09/19/national-debt-disaster-plan-conference/
Record imports by India help drive gold rally
Submitted by admin on Fri, 2024-09-20 08:00 Section: Daily DispatchesThe Indian government's jettisoning its longstanding hostility to gold is a major indicator of dramatically changing times for the monetary metals.
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By Leslie Hook and Chris Kay
Financial Times, London
Thursday, September 19, 2024
A surge in demand among Indian consumers for gold jewellery and bars after a recent cut to tariffs is helping to drive global bullion prices to a series of fresh highs.
TFMR's Craig Hemke interviews GATA secretary about prospects for monetary metals
Submitted by admin on Thu, 2024-09-19 15:13 Section: Daily Dispatches3:14p ET Thursday, September 19, 2024
Dear Friend of GATA and Gold:
Alasdair Macleod: The threat to commodity derivatives
Submitted by admin on Thu, 2024-09-19 14:30 Section: Daily Dispatches2:30p ET Thursday, September 19, 2024
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod today published in his proprietary letter on Substack an essay that brilliantly summarizes the longstanding Western gold price suppression policy and the dishonest philosophy behind it, with an emphasis on the use of financial derivatives against gold and all commodity prices, which another British economist, Peter Warburton, intuited back in 2001:
Zimbabwe aims to maximize gold revenue amid surge in world demand
Submitted by admin on Tue, 2024-09-17 22:57 Section: Daily DispatchesBy Tinei Tuhwe
NewZimbabwe.com
Bromsgrove, Worcestershire, England
Tuesday, September 17, 2024
Zimbabwe's mines ministry has launched the 2024 Second Gold Mobilisation exercise, aimed at ensuring compliance and maximizing revenue from the gold-mining sector.
Reports indicate that gold output is projected at 39 tons in 2024, up from around 33 tons in 2023, largely on the back of ongoing expansion projects and favorable prices.
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Barrick Gold briefly suspends operations at Papua New Guinea mine after violence kills 20
Submitted by admin on Tue, 2024-09-17 22:42 Section: Daily DispatchesFrom Reuters
Tuesday, September 17, 2024
SYDNEY -- Barrick Gold has suspended operations at its Porgera gold mine in Papua New Guinea until Thursday after tribal violence in the region killed at least 20.
Papua New Guinea has granted police emergency powers, including the use of lethal force, to contain the violence in Porgera between illegal settlers squatting near the gold mine and local landowners, newspapers Post-Courier and The National reported late on Sunday. ...
... For the remainder of the report:
Jan Nieuwenhuijs: Bucking repatriation trend, Argentina sends more gold to London
Submitted by admin on Tue, 2024-09-17 11:57 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Tuesday, September 17, 2024
In July the Central Bank of Argentina shipped another 3 tonnes of gold to the United Kingdom to swap for foreign exchange. A month prior the central bank also transported 3 tonnes to the U.K. The bank is now estimated to have 37 tonnes (60% of Argentina's gold reserves) on swap in the London bullion market.
Brien Lundin: $2,600 gold changes everything
Submitted by admin on Mon, 2024-09-16 19:12 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Golden Opportunities, Metairie, Louisiana
Monday, September 16, 2024
The turn has come.
For the last six months, I have explained why this was an historic new gold bull market, but also why it was different from any other before it.
That's because it was being driven by central bank and Chinese buying, which had never happened before in combination, much less as the price was rising.
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New Jersey eliminates sales tax on gold and silver
Submitted by admin on Sat, 2024-09-14 16:56 Section: Daily DispatchesFrom Money Metals News Service, Eagle, Idaho
Thursday, September 12, 2024
Sound-money advocates are hailing their hard-fought victory today as New Jersey's Senate Bill 721 was signed into law, thereby removing sales taxes on purchases of gold, silver, and other precious metals above $1,000 effective January 1, 2025.
The long-anticipated bill signing by Gov. Phil Murphy positions New Jersey alongside 44 other states that recognize the importance of exempting constitutional sound money from burdensome taxation.
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