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Daily Dispatches

Robert Lambourne: Are BIS swaps being used to hide double-counting of ETF gold?

Section: Daily Dispatches

July's BIS gold swaps fell 13 tonnes from June's and now stand at 131 tonnes.

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12:36p ET Thursday, August 13, 2026

Dear Friend of GATA and Gold:

GATA's consultant on the Bank for International Settlements, Robert Lambourne, reports today that the bank's monthly statement for July was published this week --

https://www.bis.org/publications/statement-account-31-july-2026.pdf

Yen intervention impugned dollar's reserve role, leaving only gold, Maguire tells LFTV

Section: Daily Dispatches

11:20a ET Thursday, August 13, 2026

Dear Friend of GATA and Gold:

On this week's episode of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire notes how the recent intervention in the yen market by the U.S. and Japanese governments has impugned the role of the dollar and U.S. Treasury bonds in the international financial system.

Jp Cortez: From 'audit the Fed' to 'trust me, it's there' -- Rand Paul's Fort Knox fumble

Section: Daily Dispatches

By Jp Cortez
Washington Examiner
Wednesday, August 12, 2026

https://www.washingtonexaminer.com/op-eds/4683644/rand-paul-fort-knox-gold-audit-conflicting-gold-reserve-numbers-transparency/

Americans have long demanded real answers about U.S. gold holdings. Year after year, they receive only vague political half-answers that raise more questions than they answer.

The latest example is this week.

Mike Maharrey: Sen. Rand Paul becomes a pawn in Fort Knox debate

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, August 11, 2026

Sen. Rand Paul has become Treasury Secretary Scott Bessent's pawn.

A few weeks ago Bessent insisted all the gold is in the vaults at Fort Knox.

"I haven't" seen it, Bessent said, but "people on my staff have. The treasurer has been to Fort Knox, and I'm happy to say all gold is present and accounted for."

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Jacob Childress: China cannot afford to use its alternative to the dollar

Section: Daily Dispatches

By Jacob Childress
Real Clear World, Washington
Monday, August 10, 2026

Over the past 18 months, nearly every condition analysts have long said would erode the dollar's dominance arrived at once. 

War broke out in the Persian Gulf. The Strait of Hormuz has closed, reopened, and closed again, and remains shut as this is written. Iran began charging transit tolls denominated in yuan. 

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Timothy Noah: Why does the world put up with the dollar?

Section: Daily Dispatches

By Timothy Noah
The New Republic, New York
Monday, August 10, 2026

The most powerful tool of the American imperium is not, as is generally supposed, its military, but rather its currency. 

Other nations (China, India) possess more troops, but none possesses more legal tender. There were 57,000,000,000 dollar-denominated bills in circulation last year. By comparison, euro-denominated bills -- the world's second-most-widely circulated currency, minted not by one nation but by 21—numbered 31,000,000,000. 

UK regulator prepares framework for tokenised gold

Section: Daily Dispatches

By Nikou Asgari and Martin Arnold
Financial Times, London
Monday, August 10, 2026

UK regulators are preparing a framework for tokenised gold as part of plans to encourage the digitisation of financial markets and to protect the dominance of London in global bullion trading.

The Financial Conduct Authority has talked to industry members, including big banks, about ways it could regulate tokenised gold in order to encourage growth in the market, according to people familiar with the watchdog's plans. 

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Truce between gold miners Barrick and Newmont clears way for IPO

Section: Daily Dispatches

By Leslie Hook
Financial Times, London
Monday, August 10, 2026

Two of the largest gold mining companies, Barrick and Newmont, have agreed to combine some of their biggest mines -- a truce that paves the way for one of the biggest mining IPOs of the year.

The two rivals, which already partner on the Nevada Gold Mines joint venture, had been locked in a dispute as Newmont tried to block Barrick's plans for a separate listing of its North American assets, including the JV.

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Golden asteroid might yet have a place in the Western financial system

Section: Daily Dispatches

Money for nothing and your chicks for free.

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8:13p ET Sunday, August 9. 2026

Dear Friend of GATA and Gold:

Maybe the other day GATA was too quick to endorse the report in Space Daily --

https://www.gata.org/node/24890

Ed Steer: Silver and gold stocks up +20% on the week

Section: Daily Dispatches

4:19p ET Sunday, August 9, 2026

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Silver and Gold Stocks Up +20% on the Week" and is posted in the clear at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/silver-gold-stocks-20-percent-week

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