GATA

Frank Giustra: China loves silver and won't be pushed around this time

Section: Daily Dispatches

By Frank Giustra
Kitco News, Montreal
December 31, 2025

History, as they say, doesn't repeat itself, but it often rhymes. And right now, the precious metals market is hearing a familiar, resonant rhyme from the East—one that echoes with the weight of silver bullion and the resolve of a nation determined never to be humiliated again.

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Graham Summers: The interventions against gold and silver aren't working anymore

Section: Daily Dispatches

By Graham Summers
Phoenix Capital Research, Charlottesville, Virginia
Friday, January 2, 2026

Panic is beginning to show up in the financial system.

As I noted earlier this week, rumors are swirling that a large, systemically important financial institution is being forced to liquidate its precious metal short positions. We get strong evidence of this from the CME Group, which has suspiciously raised margins on precious metals futures trading for the second time in one week. (First on December 26 and again on December 31.)

Ed Steer: What the East giveth, the West taketh away ... again

Section: Daily Dispatches

5:50p ET Saturday, January 3, 2025

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "What the East Giveth, the West Taketh Away ... Again'" and is posted in the clear at SilverSeek here:

https://silverseek.com/article/what-east-giveth-west-taketh-awayagain1

Washington State targets savers with new sales tax on gold and silver

Section: Daily Dispatches

From the Sound Money Defense League, Eagle, Idaho
Friday, January 2, 2026

Washington state will begin penalizing citizens for protecting their savings in precious metals, imposing a sales tax on all new purchases as of January 1.

While a number of states have ended state sales taxes on gold and silver purchases in recent years, Washington politicians decided to lash out against the public despite a growing affordability crisis, penalizing citizens who seek to insulate themselves financially. 

China's Zijin Mining to expand global assets, targeting gold and copper

Section: Daily Dispatches

By Jessica Zhou
Bloomberg News
Friday, January 2, 2026

https://www.bloomberg.com/news/articles/2026-01-02/china-s-zijin-mining-to-expand-global-assets-says-new-chairman

Zijin Mining Group Co. will step up its acquisitions globally, targeting particularly gold and copper, the company's newly appointed chairman said.

Adam Sharp: China's silver chokehold

Section: Daily Dispatches

By Adam Sharp
Daily Reckoning, Baltimore
Friday, January 2, 2026

Look at that. We log off for a few days and absolute chaos breaks out in silver.

On Sunday, December 28, silver briefly traded over $83 per ounce here in the U.S. It's currently trading at $72.67. That's up sharply from $29 at the beginning of 2025.

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