Chinese investors pile into gold funds at record pace
Submitted by admin on Wed, 2025-04-30 02:12 Section: Daily DispatchesBy Leslie Hook and Cheng Leng
Financial Times, London
Wednesday, April 30, 2025
Chinese investors are piling into gold funds at a record rate, as Donald Trump's trade war and fears over a U.S. recession and inflation drive a hunt for haven assets.
Inflows into gold exchange traded funds in China total 70 tonnes — or about $7.4 billion -- so far this month, more than double the previous monthly record, according to the World Gold Council, an industry body.
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Jan Nieuwenhuijs: Can gold reach $16,000?
Submitted by admin on Mon, 2025-04-28 17:39 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Monday, April 28, 2025
As we are in the final stages of a debt cycle that is causing gold to skyrocket, the question arises: How high can gold go?
Comparing the current bull run to the previous two points to a gold run as high as $16,000 per ounce.
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After 15 years, John Paulson is finally winning big on gold
Submitted by admin on Sun, 2025-04-27 13:34 Section: Daily DispatchesBy Caitlin McCabe and Joe Wallace
The Wall Street Journal
via MSN, Redmond, Washington
Sunday, April 27, 2025
John Paulson made a vast fortune betting against the U.S. housing market in what was dubbed "the greatest trade ever." And his next act -- a years-long wager on gold -- is finally turning out to be a another great trade.
More than a decade and a half after Paulson went big on gold, the billionaire investor has emerged as one of the winners from the record-setting surge in the price of the precious metal.
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Swiss franc's surge sparks bets for return to negative interest rates
Submitted by admin on Sun, 2025-04-27 10:30 Section: Daily DispatchesBy Emily Herbert, Ian Smith, and Mercedes Ruehl
Financial Times, London
Sunday, April 27, 2025
The Swiss franc has soared to a decade high against the dollar as investors rush for shelter from the global trade turmoil, sparking bets that the country's central bank will have to lower interest rates to zero or below to curb the currency's rise.
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Zimbabwe restarts minting gold coins as metal's price soars
Submitted by admin on Sun, 2025-04-27 10:15 Section: Daily DispatchesBy Ray Ndlovu
Bloomberg News
Sunday, April 27, 2025
Zimbabwe's central bank is again issuing gold coins it scrapped 10 months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG.
Minting of the "Mosi-Oa-Tunya" 22-carat coins, named after the iconic Victoria Falls, was scrapped in July, central bank Governor John Mushayavanhu told Bloomberg in an interview at the time.
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Help GATA and get a commemorative silver round
Submitted by admin on Sun, 2025-04-27 10:12 Section: Daily Dispatches10:11a ET Sunday, April 27, 2025
Dear Friend of GATA and Gold:
We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.
