On LFTV, Maguire and Schectman agree that gold is money forever
Submitted by admin on Sun, 2025-05-11 08:39 Section: Daily Dispatches8:38a ET Sunday, May 11, 2025
Dear Friend of GATA and Gold:
Coin and bullion dealer Miles Franklin's Andy Schectman is London metals trader Andrew Maguire's guest on this week's edition of Kinesis Money's "Live From the Vault" program, and they discuss how gold has preserved wealth through centuries of monetary and political upheaval.
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U.S. Global's Frank Holmes: Basel III makes it official that gold is money again
Submitted by admin on Sun, 2025-05-11 08:27 Section: Daily DispatchesBy Frank Holmes
U.S. Global Investors, San Antonio, Texas
Friday, May 9, 2025
For my entire decades-long career in capital markets, I've made the case that gold is not just a shiny relic of the past but a serious, strategic asset for modern investors. After years of pounding the table, it feels pretty good to say that the world's central banks -- and now the U.S. banking system -- are finally catching up.
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Selling of dollar assets signals start of longer-term shift, investors warn
Submitted by admin on Sat, 2025-05-10 11:16 Section: Daily DispatchesBy Ian Smith and Mary McDougall
Financial Times, London
Saturday, May 10, 2025
The dumping of U.S. assets in favor of Europe's resurgent markets signals the start of a much longer-term move by pension funds and other big institutional money managers to cut back their huge exposure to dollar investments, investors say.
Peru's emergency mining ban to cost $200 million in lost gold output
Submitted by admin on Sat, 2025-05-10 09:25 Section: Daily DispatchesBy Marcelo Rochabrun and James Attwood
Bloomberg News
Friday, May 9, 2025
Peruvian gold output is expected to be significantly dented in the coming month due to a mining ban in a northern region of the country that has seen an increase in criminal activity, culminating in the murder of 13 mine workers.
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First Majestic Announces Q1 Results with Record Cash Position
Gold reserves in London vaults rise in April as bullion returns from U.S.
Submitted by admin on Sat, 2025-05-10 09:17 Section: Daily DispatchesBy Polina Devitt
Reuters
Thursday, May 8, 2025
LONDON -- The London Bullion Market Association said today that gold held in London vaults totalled 8,536 metric tons at the end of April, up 0.6% from the previous month, as more of the precious metal returned from New York to London after dislocation.
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First Majestic Announces Q1 Results with Record Cash Position
Swiss pensions curb exposure to U.S. dollar assets amid debt, policy concerns
Submitted by admin on Fri, 2025-05-09 19:44 Section: Daily DispatchesBy Luigi Serenelli
Investments and Pensions Europe, London
Friday, May 9, 2025
Swiss pension funds are reassessing their exposure to U.S. dollar-denominated assets in light of rising hedging costs, growing concerns over U.S. fiscal policy, and increasing national debt levels.
