You are here
Daily Dispatches
Join GATA in October at the New Orleans Investment Conference
Submitted by admin on Mon, 2026-08-03 13:14 Section: Daily DispatchesThe conference will be held Wednesday through Saturday, October 28-31, 2026
* * *
Brien Lundin: Sign-ups and Sell-Outs for the New Orleans Conference
By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, August 3, 2026
Over the past few weeks I've been chronicling the many signs of a bottom forming in gold and silver.
I've noted gold's occasional jumps higher, even in the face of rising oil prices, strengthening Treasury yields, and a stronger dollar.
South Korea's central bank to buy gold from domestic producers
Submitted by admin on Mon, 2026-08-03 10:47 Section: Daily DispatchesBy Heejin Kim
Reuters
Monday, August 3, 2026
SEOUL -- South Korea's central bank will buy gold from local producers to diversify its sources of supply and increase its holdings of the precious metal, it said today.
U.S. uses euros to buy yen to avoid weaker dollar, strategists say
Submitted by admin on Mon, 2026-08-03 10:25 Section: Daily DispatchesBy Matthew Burgess
Bloomberg News
Sunday, August 2, 2026
The U.S. Treasury may be using euros rather than dollars to fund its yen purchases to avoid weakening its own currency and casting doubt on its strong greenback policy, according to strategists.
Why asteroid mining will never underwrite a gold rush
Submitted by admin on Sun, 2026-08-02 12:27 Section: Daily DispatchesBy Lachlan Brown
Space Daily, Singapore
Sunday, August 2, 2026
Every few years asteroid mining returns to the headlines as a trillion-dollar gold rush waiting to happen, usually attached to a single staggering number about how much some metal-rich rock is theoretically worth. It is a genuinely exciting idea. It is also one where the economics tend to run in the opposite direction to the pitch.
Japan will announce joint action on yen with U.S. on Monday
Submitted by admin on Sun, 2026-08-02 12:16 Section: Daily Dispatches... once the stuffing has been knocked out of the blindsided.
* * *
By Tamiyuki Kihara, Makiko Yamazaki, and Leika Kihara
Reuters
Sunday, August 2, 2026
TOKYO -- Japanese Finance Minister Satsuki Katayama will announce on Monday that Tokyo and Washington took joint action in the currency market to arrest the yen's slide to 40-year lows, two Japanese government officials told Reuters.
A lesson about 'free markets' from the 'Free World'
Submitted by admin on Sun, 2026-08-02 10:15 Section: Daily Dispatches10:23a ET Sunday, August 2, 2026
Dear Friend of GATA and Gold:
If the Financial Times is correct below, the major governments and central banks of the "Free World" -- the U.S., Western Europe, and Japan -- were all involved in last week's "historic" intervention in support of the Japanese yen.
The major governments of the totalitarian world -- China and Russia -- were not involved. Maybe they were too busy rigging their own markets.
Lots of government intervention to prop up India's rupee too
Submitted by admin on Sat, 2026-08-01 10:51 Section: Daily DispatchesIndian Rupee Posts Strongest Week Since March on Central Bank Support
By Jaspreet Kalra
Reuters
Thursday, July 30, 2026
MUMBAI -- The Indian rupee ended stronger today, with persistent central bank interventions boosting the currency to its strongest weekly gain since March.
The currency rose 0.3% on the day and about 1% week-on-week to end at 95.38 per dollar. On the month, though, it slipped about 0.7% as oil prices climbed due to renewed hostilities in the Middle East. ...
... Dispatch continues below ...
Was 'keep selling gold' on the next page?
Submitted by admin on Sat, 2026-08-01 08:31 Section: Daily DispatchesBessent's 'To Do' List: Buy $5-10 Billion of Japanese Yen, Reuters Photo Shows
By Daniel Heuer and David Lawder
Reuters
Friday, July 31, 2026
CAMP DAVID, Maryland -- U.S. Treasury Secretary Scott Bessent on Friday exposed a "to-do" list during President Donald Trump's cabinet meeting indicating he was contemplating U.S. purchases of $5 billion to $10 billion worth of Japanese yen, a Reuters photograph taken during the meeting held at Camp David shows.
Japan may have sold up to $59 billion in yen-buying intervention
Submitted by admin on Fri, 2026-07-31 22:15 Section: Daily DispatchesBy Atsuko Aoyama and Noriyuki Hirata
Reuters
Friday, July 31, 2026
TOKYO -- Japan may have sold as much as $58.97 billion in its latest efforts to bolster its currency, central bank data indicated today, signaling repeated efforts to stem the yen's weakness.
The Bank of Japan's projection for money market conditions for the following day suggests an 8.2 trillion yen net outflow of funds, compared with brokerage forecasts that range between a surplus of 1.4 trillion yen and a shortfall of 1.73 trillion yen.
... Dispatch continues below ...
Alasdair Macleod: Monetary metals sentiment is as low as it gets
Submitted by admin on Fri, 2026-07-31 11:32 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, July 31, 2026
Few investors are interested in major upheavals facing global finances. Indifference in summer is normal, but this is a time of maximum danger to personal wealth.
After 55 years of this fiat currency regime, the top 500 investment managers with an estimated $140—150 trillion under management are clueless about money and credit. In 1919 Keynes wrote that "not one man in a million" is able to diagnose the destruction caused by debauching the currency. Plus ça change.
Pages
