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Daily Dispatches

Jesse Colombo: An analysis of gold in different currencies

Section: Daily Dispatches

By Jesse Colombo
The Bubble Bubble Report
Tuesday, December 2, 2025

From time to time, I like to check in on gold priced in the major currencies, and these analyses have become some of subscribers' favorites. 

Though simple in theory, this approach is quite powerful and helpful because it often reveals insights that can't be gleaned from looking at gold solely priced in U.S. dollars, which is the default approach and by far the most common.

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Craig Hemke at Sprott Money: Goodbye to the 'double top' in silver

Section: Daily Dispatches

By Craig Hemke
Sprott Money, Toronto
Monday, December 1, 2025

Strong physical and futures demand has combined to create a short squeeze that has driven the silver price to new all-time highs. This is great, and we should enjoy the ride! 

That said, we need to address some of the misinformation being spewed on X as rationale for further gains.

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European Central Bank doesn't want Italy controlling its own gold

Section: Daily Dispatches

ECB Urges Italy to Reconsider Proposal on Central Bank's $300 Billion in Gold

By Giuseppe Fonte and Francesco Canepa
Reuters
Wednesday, December 3, 2025

ROME -- The European Central Bank has urged Italy to reconsider a parliamentary amendment asserting that the national central bank's gold reserves belong to the Italian people, a document published today showed.

Jan Skoyles: The cost of not holding gold is far higher than the cost of holding it

Section: Daily Dispatches

2:02p ET Tuesday, December 2, 2025

Dear Friend of GATA and Gold (and Silver):

In commentary today GoldCore's Jan Skoyles argues that the cost of holding gold -- the supposed lack of yield -- is now far exceeded by the cost of not holding it, the cost of not having some asset outside an increasingly creaky financial system, the cost of not having some asset without counterparty risk.

Skoyles' commentary is six minutes long and can be viewed at YouTube here:

Jensen and Jubert review silver's increasingly desperate short squeeze

Section: Daily Dispatches

1:47p ET Tuesday, December 2, 2025

Dear Friend of GATA and Gold (and Silver):

Financial bloggers David Jensen and GoldBroker's Cyrille Jubert today offer excellent and detailed analysis of what seems like an increasingly desperate short squeeze in silver.

Jensen's analysis is headlined "UBS Increases 2026 Silver Supply Deficit -- Is Silver About To Be 'Volkswagened'?" and it's posted at his site at Substack here:

Craig Hemke at Sprott Money: With silver, this time IS different

Section: Daily Dispatches

By Craig Hemke
Sprott Money, Toronto
Tuesday, November 2, 2025

After making new all-time intraday highs last week, there are all sorts of prognostications regarding what's next for the silver price. Let's discuss the most likely scenario today. 
 
First and foremost, we need to establish that this time is different. The situation economically, monetarily, and physically is entirely different from 1980 and 2011. 

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Silver extends record-breaking rally on tight global supplies

Section: Daily Dispatches

Yihui Xie, Preeti Soni, and Jack Ryan
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, December 1, 2025

Silver jumped to a fresh peak on Monday with traders placing speculative bets on ongoing supply tightness. Gold inched lower.

The white metal rose as high as $58.84 an ounce after soaring almost 6% on Friday. It has climbed for six consecutive sessions and has nearly doubled in value this year, outpacing the roughly 60% rally in gold.

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Brien Lundin: If metals correction isn't over, it almost is

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, December 1, 2025

I am never afraid to be wrong, and in this case I'll rejoice at the opportunity.

Over the last couple of weeks I have written that I expected the correction in the metals to last a little longer, perhaps to mid-December.

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U.S. runs biggest October budget deficit ever despite record tariff revenue

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Sunday, November 30, 2025

The federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.

The Trump administration spent $284.35 billion more than it took in to kick off fiscal 2026. That was about 10% higher than last year's October deficit and about $200 million more than the previous October record set in 2020 during the pandemic lockdown era.

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Ed Steer: Ted Butler's silver 'bonfire' has been lit

Section: Daily Dispatches

9:51a ET Sunday, November 30, 2025

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Ted Buterl's Silver 'Bonfire' Has Been LIt" and is posted in the clear at SilverSeek here:

https://silverseek.com/article/ted-butlers-silver-bonfire-has-been-lit

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