LBMA, World Gold Council urge BIS to list gold as 'high-quality liquid asset' under Basel III
Submitted by admin on Sat, 2024-07-13 13:11 Section: Daily DispatchesMaybe even the BIS considers gold to be the future of money as well as its past.
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From Solitaire
Gem & Jewellery Export Promotion Council, Mumbai
Thursday, July 11, 2024
Last week delegates from the London Bullion Market Association, including Paul Fisher, Ruth Crowell, David Gornall, and Edel Tully, joined Mike Oswin of the World Gold Council in Basel for a meeting with the Bank for International Settlements.
Uganda joins growing number of African countries turning to gold
Submitted by admin on Fri, 2024-07-12 20:11 Section: Daily DispatchesBy Mike Maharrey
Money Metals News Service, Eagle, Idaho
Friday, July 12, 2024
Uganda has joined the growing number of African countries turning to gold to support their currencies.
The Ugandan central bank has announced a domestic gold-buying program to buy gold directly from local artisanal miners.
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Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico
China uses Shanghai futures to drain Western gold, Maguire tells LFTV
Submitted by admin on Fri, 2024-07-12 13:28 Section: Daily Dispatches1:23p ET Friday, July 12, 2024
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire uses this week's "Live from the Vault" program from Kinesis Money to describe how he sees China using derivatives on the Shanghai Futures Exchange to extract gold from Western markets and hedge itself against what it expects will be more U.S. economic sanctions under a Trump administration.
J.B. Maverick: The end of gold and silver price manipulation
Submitted by admin on Thu, 2024-07-11 10:56 Section: Daily Dispatches10:55a ET Thursday, July 11, 2024
Dear Friend of GATA and Gold:
Financial writer J.B. Maverick, a former commodities trader, credits GATA and draws heavily on its work with his essay published this week, "The End of Gold and Silver Price Manipulation."
On GoldSeek Radio, GATA chairman discusses the war against silver
Submitted by admin on Wed, 2024-07-10 21:23 Section: Daily Dispatches9:18p ET Wednesday, July 10, 2024
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed today by GoldSeek Radio's Chris Waltzek, discusses silver's resistance to the seemingly endless campaign of central banks and bullion banks to keep its price below $30 per ounce.
The discussion is 10 minutes long and can be heard at GoldSeek here:
https://goldseek.com/article/goldseek-radio-nugget-bill-murphy-silvers-bullish-surge
Canada's gold exports to China rise, shining through the trade tensions
Submitted by admin on Tue, 2024-07-09 11:13 Section: Daily DispatchesBy Gabriel Friedman
National Post, Toronto
Monday, July 8, 2024
China's demand for gold has risen in the past few years, helping to usher in record-breaking prices and a growing trade relationship with Canada for the shiny metal.
