Gold and silver futures sold in commodity index rebalancing were bought and quickly converted to physical, Maguire tells LFTV
Submitted by admin on Fri, 2026-01-16 21:54 Section: Daily Dispatches9:54p ET Friday, January 16, 2026
Dear Friend of GATA and Gold (and Silver):
London metals trader Andrew Maguire is back with the first 2026 episode of Kinesis Money's "Live from the Vault" program, noting that this week's much-feared commodity index rebalancing that sold billions of dollars of gold and silver futures failed to knock down prices as the futures were purchased for quick conversion to real metal.
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'The dollar is losing credibility': Why central banks are scrambling for gold
Submitted by admin on Fri, 2026-01-16 13:09 Section: Daily DispatchesBy Richard Partington
The Guardian, London
Friday, January 16, 2026
Fifteen minutes after takeoff, the call came for Serbia's central bank governor: Millions of dollars' worth of gold bars, destined for a high-security Belgrade vault, had been left on the runway of a Swiss airport.
In air freight -- despite the extraordinary value of bullion -- fresh flowers, food, and other perishables still take priority. "We learned this the hard way," Jorgovanka Tabakovic told a conference late last year.
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Silver's sharp rise prompts U.S. mint to suspend coin sales pending repricing
Submitted by admin on Thu, 2026-01-15 19:14 Section: Daily DispatchesBy Stuart Englert
https://stuartenglert.substack.com
Thursday, January 15, 2026
Rapidly rising silver prices have created a dilemma for the U.S. Mint, which has suspended sales of all silver coins until it can reprice the products on its website.
All silver products are "temporarily unavailable" for purchase "until we update the website with new prices," a mint sales representative told me today when I inquired via a toll-free customer-service telephone number.
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Ghana to scrap mining stability pacts and double royalties, Reuters says
Submitted by admin on Thu, 2026-01-15 18:49 Section: Daily DispatchesBy Maxwell Akalaare Adombila and Emmanuel Bruce
Reuters
Thursday, January 15, 2026
ACCRA -- Ghana will scrap long-term mining investment stability agreements and double royalties under sweeping reforms, the regulator in Africa's top gold producer told Reuters, as it seeks to capture more benefits from surging bullion prices.
The changes are part of a broad overhaul aimed at balancing investor confidence with the government's push to reap greater rewards from mining, Isaac Tandoh, acting CEO of the Minerals Commission, said in an interview in Accra.
Jeremy Warner: Trump's unwitting role in the staggering rise of the oldest currency
Submitted by admin on Thu, 2026-01-15 10:24 Section: Daily DispatchesMaybe it's not really so "unwitting," Mr. Warner.
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By Jeremy Warner
The Telegraph, London
Thursday, January 15, 2026
Sell the dollar, buy gold. Few investment strategies have worked better than this over the first year of Donald Trump's second presidency, and it looks set to continue that way.
In the past year the dollar has undergone its worst overall devaluation since the 1970s. At the same time, the price of gold has surged nearly 75% to record highs.
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Silver falls, then recovers after Trump holds off on critical mineral tariffs
Submitted by admin on Thu, 2026-01-15 10:02 Section: Daily DispatchesBy Yihui Xie and Jack Ryan
Bloomberg News
Thursday, January 15, 2026
Silver pulled back from a record high as investors took profits after a blistering rally and as the United States refrained from imposing import tariffs on critical minerals.
The white metal fell as much as 7.3% today before recovering much of the loss later in the session. Prices had surged by more than 20% over the previous four sessions, reaching an all-time high of $93.75 Wednesday.
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