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Daily Dispatches
Muflih Hidayat: China's paper gold trading shutdown and its global price impact
Submitted by admin on Sun, 2026-07-19 11:03 Section: Daily Dispatches11:04a ET Sunday, July 19, 2026
Dear Friend of GATA and Gold:
Australia's Discovery/Alert internet site published yesterday a brilliant and comprehensive report by its mining journalist, Muflih Hidayat, about China's plan to replace Western "paper" pricing of gold -- derivative-based pricing -- with pricing based on trading of real metal in Shanghai and Hong Kong.
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France withdrew billions in gold from U.S. vaults. Is a global currency shift ahead?
Submitted by admin on Sat, 2026-07-18 16:11 Section: Daily DispatchesBy Laura Grande
Associated Press
via Yahoo News, Sunnyvale, California
Saturday, July 18, 2026
Earlier this year France pulled off a financial maneuver that turned old gold into billions.
The strategy itself was relatively simple. Starting in mid-2025, France's central bank sold 129 metric tons of gold it had stored in New York and replaced it with newer, high-quality bullion held in Paris.
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Trump Media pitched $100,000 monthly fee to traders for fastest feed of president's posts
Submitted by admin on Sat, 2026-07-18 10:48 Section: Daily DispatchesMaybe a legal form of insider trading.
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By Anirban Sen, Jaspreet Singh, and Courtney Rozen
Reuters
Friday, July 17, 2026
Donald Trump's social media company has discussed charging Wall Street traders and investment firms as much as $100,000 a month for faster access to the U.S. president's posts on his Truth Social platform, according to people familiar with the matter.
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Treasury secretary says Fort Knox still has its gold but notes it doesn't back the dollar anymore
Submitted by admin on Sat, 2026-07-18 10:37 Section: Daily DispatchesStill no journalistic questions about leases, swaps, and other impairments.
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By Jing Pan
Associated Press
via Yahoo News, Sunnyvale, California
Saturday, July 18, 2026
Is Fort Knox's gold still there?
It's a question that has long fascinated Americans -- including President Donald Trump.
Treasury Secretary Scott Bessent now says he has an answer.
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Bloomberg begrudgingly acknowledges gold's strong performance
Submitted by admin on Fri, 2026-07-17 11:28 Section: Daily Dispatches11:26a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
What's notable about the commentary below, "A Believer's Guild to Buying Gold Now," isn't anything asserted in the commentary itself but that it was first published today on the Bloomberg news internet site, which long has treated gold only with great resentment.
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Gold price fall is a 'feint' by central banks to cover their own purchases, Piepenburg says
Submitted by admin on Fri, 2026-07-17 09:25 Section: Daily Dispatches9:24a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
Von Greyerz Gold Switzerland partner Matthew Piepenburg, commenting this week during Rick Rule's Symposium in Boca Raton, Florida, says governments and central banks have engineered the recent decline in gold prices to facilitate their own urgent acquisition of metal amid a "sea change" in the world's financial system. The price decline, Piepenburg says, is actually just a "feint," a strategic distraction.
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New Trump 'gold coin' won't contain any gold
Submitted by admin on Thu, 2026-07-16 21:21 Section: Daily DispatchesTrump Dollar 'Gold Coin' to Go into Production
By Gareth Vipers and Richard Rubin
The Wall Street Journal
Wednesday, July 15, 2026
President Trump has added his name or likeness to federal buildings, an airport, bridges and even some passports. Now the U.S. Mint is striking a one-dollar coin featuring his face, in a rare and controversial move to put a sitting president on American money.
China takes control of physical gold pricing by month end, Maguire says
Submitted by admin on Thu, 2026-07-16 17:25 Section: Daily Dispatches5:26p ET Thursday, July 16, 2026
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program that China's physical gold market based in Shanghai and Hong Kong is ready to replace the "paper" gold system based in London and New York and, in effect, give gold backing not just to the Chinese yuan but also to the Russian ruble at the end of the month.
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Ghana president's brother maneuvers to seize big gold project
Submitted by admin on Wed, 2026-07-15 20:15 Section: Daily DispatchesBy Jonathan Clayton
MiningMX, Rivonia, South Africa
Wednesday, July 15, 2026
A company owned by the billionaire brother of Ghana's president is accused of waging a campaign of "industrial espionage" to seize a major gold project from international investors, according to allegations supported by leaked emails seen by Miningmx.
Trump $1 dollar 'gold coin' to go into production, Bessent says
Submitted by admin on Wed, 2026-07-15 09:45 Section: Daily DispatchesBy Gareth Vipers and Richard Rubin
The Wall Street Journal
Wednesday, July 15, 2026
President Trump has added his name or likeness to federal buildings, airports, bridges and even some passports. Now the U.S. Mint is set to begin striking a dollar coin featuring his face, a rare move to put a sitting president on American money.
Treasury Secretary Scott Bessent unveiled designs for the new "gold coin" Wednesday, which show Trump’s profile on one side next to the words "In God We Trust." ...
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