Futures were suspended to avert default in silver, trader Vince Lanci says
Submitted by admin on Fri, 2026-02-27 14:46 Section: Daily Dispatches2:46p ET Friday, February 27, 2026
Dear Friend of GATA and Gold:
In his daily commentary for the Arcadia Economics channel at YouTube, market analyst and futures trader Vince Lanci offers his suspicion about the "technical issue" that supposedly caused the brief suspension of the U.S. commodities futures market on Wednesday. Most likely, Lanci says, there were so many more buy orders than sell orders for silver on the eve of contract closing that the exchange needed more time to balance them or delay delivery on some to prevent a public default.
Gold to take center stage at PDAC, with some predicting prices will hit $10,000
Submitted by admin on Fri, 2026-02-27 11:55 Section: Daily DispatchesAfter years in the 'wilderness,' gold bugs get sweet vindication at the annual mining event amid bullion's historic run
By Gabriel Friedman
National Post / Financial Post, Toronto
Thursday, February 26, 2026
https://financialpost.com/commodities/mining/gold-bugs-pdac-new-credibility
John Ing has been bullish on bullion for more than five decades, and he's not about to change his tune as gold rips to US$5,000 per ounce.
Alasdair Macleod: The paper silver crisis has begun
Submitted by admin on Fri, 2026-02-27 11:28 Section: Daily Dispatches11:25a ET Friday, February 27, 2025
Dear Friend of GATA and Gold:
In a five-minute video at Egon von Greyerz's blog at Substack, economist Alasdair Macleod explains how the great silver squeeze has begun, with the New York, London, and even Shanghai markets now having only a small fraction of the real metal necessary to meet huge pending demands for delivery.
China encourages dollar buying to slow surging yuan
Submitted by admin on Fri, 2026-02-27 10:27 Section: Daily DispatchesBy Winni Zhou, Joe Cash, and Samuel Shen
Reuters
Friday, February 27, 2026
China's central bank moved to rein in the fast-rising yuan today, scrapping risk reserves requirements for forex forward contracts in a move that would encourage dollar buying as exporters start to feel the pinch from a stronger currency.
The decision came after the yuan hit a near three-year high against the dollar on Thursday. It pulled back in today, pausing a sparkling rally largely driven by an unexpected boom in exports.
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ECB sells some U.S. dollar assets, cuts weight of dollar in reserves
Submitted by admin on Thu, 2026-02-26 22:14 Section: Daily DispatchesBy Balazs Koranyi
Reuters
Thursday, February 26, 2026
FRANKFURT, Germany -- The European Central Bank sold some of its dollar assets early last year and reduced the weight of the dollar in its foreign exchange reserves in what it said was a standard rebalancing of its portfolio.
The bank played down the significance of the move, which came before the market turbulence generated by U.S. President Donald Trump's tariff announcement last April.
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India expands rules for $385 billion stock funds to add gold
Submitted by admin on Thu, 2026-02-26 22:08 Section: Daily DispatchesBy Ashutosh Joshi
Bloomberg News
Thursday, February 26, 2026
India's market regulator has allowed the country's $385 billion actively managed equity funds to park more of their money in gold and silver, giving them greater flexibility at a time when global demand for hard assets is rising.
Under revised rules by the Securities and Exchange Board of India, stock funds can invest the remainder of their portfolios -- up to 35% of their assets -- in gold and silver instruments, as well as in units of infrastructure investment trusts.
