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Daily Dispatches

Ed Steer: Yet another Friday bear raid by 'Da Boyz'

Section: Daily Dispatches

10:54a ET Sunday, November 16, 2025

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Yet Another Friday Bear Raid by 'Da Boyz'" and is posted in the clear at SilverSeek here:

https://silverseek.com/article/yet-another-friday-bear-raid-da-boyz

Alasdair Macleod: Supply squeeze continues in gold and silver

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, November 13, 2025

It's now China's vaults running short on gold and silver. But European exchange-traded fund profit-taking is providing some minor supply, giving the London market temporary relief.

Washington state coin and bullion shops prepare to be driven out by taxes

Section: Daily Dispatches

By Victor Whitman
Seattle Times
Friday, September 14, 2025

A year ago, Kerry Rogers, a Seattle-area leasing agent, didn't know much about gold and silver. But that's changed.

Worried about the economy, inflation and the weak dollar, she recently started buying bullion. 

"If the economy crashes or something, you have something to stand on," she said while shopping at Geoff Minor's The Metal Shop Gold & Silver in Redmond late last month. "It's kind of a good foundation, especially since the dollar seems to not be worth anything."

Raids on gold and silver in London and New York just fuel Chinese demand, Maguire tells LFTV

Section: Daily Dispatches

2:25p ET Friday, November 14, 2025

Dear Friend of GATA and Gold (and Silver):

Outflows from the silver exchange-traded fund SLV are bullish, not bearish, for silver prices, London metals trader Andrew Maguire says on this week's episode of Kinesis Money's "Live from the Vault" program, because the metal is being used to cover short positions elsewhere.

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Italian government eyes family gold in hunt for budget funds

Section: Daily Dispatches

By Amy Kazmin
Financial Times, London
Friday, November 14, 2025

Italian Prime Minister Giorgia Meloni's government is looking to gold -- and its soaring value -- to raise more money for the public coffers, as members of her right-wing coalition squabble over other elements of next year's budget. 

China's secretive gold purchases help fuel record rally

Section: Daily Dispatches

People don't believe official gold data anymore, Japan Bullion Market Association director says.

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By Leslie Hook
Financial Times, London
via The Business Times, Singapore
Friday, November 14, 2025

China's unreported gold purchases could be more than 10 times its official figures as it quietly tries to diversify away from the US dollar, say analysts, highlighting the increasingly opaque sources of demand behind bullion's record-breaking rally.

Mike Maharrey: What if you had bought gold or silver with your pandemic stimulus money?

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Thursday, November 13, 2025

There has been a lot of talk about $2,000 tariff rebate checks. If they materialize, you should consider using them to buy gold or silver.

It appears the Trump administration is serious about this proposal, although there are plenty of question marks.  On Wednesday White House press secretary Karoline Leavitt said the administration is "committed to making it happen."

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European officials consider pooling dollars to lessen Fed reliance after Trump shocks, Reuters says

Section: Daily Dispatches

By Elisa Martinuzzi, Balazs Koranyi, Stefania Spezzati, Mathieu Rosemain, and Giuseppe Fonte
Reuters
Thursday, November 13, 2025

European financial stability officials are debating whether to create an alternative to Federal Reserve funding backstops by pooling dollars held by non-U.S. central banks in a bid to reduce their reliance on the U.S. under the Trump administration, five officials familiar with the matter said.

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Shorts losing control of gold and silver, cascading defaults possible, Steer says

Section: Daily Dispatches

6:26p ET Wednesday, November 12, 2025

Dear Friend of GATA and Gold:

Interviewed this week by the CapitalCosm channel at YouTube, GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest, says the longstanding shorts have lost control of the gold and silver markets and a delivery failure in one commodity futures market may trigger a cascade of short covering and defaults in other commodity futures markets.

U.S. Treasurer strikes final pennies at Philadelphia Mint

Section: Daily Dispatches

By Andrea Shalal
Reuters
Wednesday, November 12, 2025

PHILADELPHIA -- U.S. Treasurer Brandon Beach visited the Philadelphia Mint today to strike the final five circulating one-cent coins or pennies, ending 232 years of penny production in the United States.

President Donald Trump said in February he was ordering Treasury to halt what he called the "wasteful" minting of pennies, prompting gas stations, fast-food chains, and big-box stores to adjust prices and round cash transactions.

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