GATA

Alasdair Macleod: Inflation undermines all asset values

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, May 15, 2026

The febrile condition of all asset markets headed by rising G7 bond yields is leading to uncertainty for gold and silver prices. One last sell-off is a golden opportunity for stackers. 

Billionaire Sprott put 98% of his $3 billion fortune into gold and silver and says gold is headed to $10,000

Section: Daily Dispatches

By Godwin Oluponmile
Forbes, New York
via AP MoneyWise, New York

Gold has had one of the greatest two-year runs in its history and the man who saw it coming says it's just getting started.

Eric Sprott, 81, was at his vacation rental in San Jose, Costa Rica, in late January when Forbes checked in with him. This was right around the same time that silver had hit its all-time high of $100 an ounce, and Sprott wasn't impressed.

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Equinox Gold bids C$7 billion for Orla Mining to create Canada's second-largest gold producer

Section: Daily Dispatches

By Andrew Willis
The Globe and Mail, Toronto
Wednesday, May 13, 2026

https://www.theglobeandmail.com/business/industry-news/energy-and-resour...

Equinox Gold Corp. is bidding to join the ranks of North America's largest gold producers with an all-stock, C$7 billion offer for Orla Mining Ltd. pitched with zero takeover premium.

Ross Norman: India panics and burns the golden lifeboat

Section: Daily Dispatches

By Ross Norman
Metals Daily, London
Wednesday, May 13, 2026

The word I'm looking for is "contronym" -- a term that can mean its own opposite -- and it may be an apt description of gold right now. News that India has raised import duties on gold and silver from 6% to 15% is bullish and bearish at the same time.

Alaska makes gold and silver currencies legal tender

Section: Daily Dispatches

By Mari Kanagy
Anchorage Daily News
Wednesday, May 13, 2026

JUNEAU -- The Alaska Legislature passed a bill Tuesday to establish gold and silver currencies as legal tender and exempt them from sales taxes.

The bill passed the House unanimously last week, and passed the Senate 19-1 on Tuesday.

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India raises gold and silver tariffs to 15% to curb imports and support rupee

Section: Daily Dispatches

By Rajendra Jadhav, Aditya Kalra, and Mayank Bhardwaj
Reuters
Tuesday, May 12, 2026

NEW DELHI -- India has raised import tariffs on gold and silver to 15% from 6%, government orders ​said, as part of efforts to curb overseas purchases of the ‌metals and ease pressure on the country's foreign exchange reserves.

The higher duties could dampen demand in the world's second-largest consumer of precious metals, although they may help narrow India's trade deficit and support the rupee, one ​of Asia's worst-performing currencies.