GATA

The fog of war hides dying Comex, Maguire tells LFTV

Section: Daily Dispatches

4:40p ET Thursday, April 23, 2026

Dear Friend of GATA and Gold:

In this week's episode of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says serious monetary metals trading continues to migrate away from the New York Commodities Exchange to Asia, the dying of the Comex is being temporarily concealed by the war with Iran, and big rallies in physical gold and silver prices are imminent.

The program is titled "The Fog of War Hides Dying Comex," is 39 minutes long, and can be viewed at the Kinesis Money channel at YouTube here:

The dead asset wakes up as crypto magic makes gold pay interest

Section: Daily Dispatches

Suvashree Ghosh and Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 23, 2026

Jewelers have long used a simple mechanism to protect themselves against volatile gold prices -- borrow the precious metal rather than buy it outright.

It's a trick with origins in antiquity and used from the gold souks of Dubai to the bullion desks of India, allowing artisans to produce and sell their wares before settling the tab to align costs with revenue.

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James Turk: Get ready for another U.S. government default

Section: Daily Dispatches

By James Turk
Free Gold Money Report
Wednesday, April 15, 2026

In 1933 the U.S. government defaulted on its debt by not repaying the gold it owed. In 1965 it allowed its central bank to default on the silver it owed. These two precious metals are the money of the American Constitution. They defined the dollar as an amount of precious metal weight.

Uganda's central bank starts domestic gold purchase program

Section: Daily Dispatches

By Elias Biryabarema
Reuters
Tuesday, April 21, 2026

KAMPALA, Uganda -- Uganda's central bank said today it had begun purchasing gold from ​domestic producers under a program announced two ‌years ago to incorporate bullion as part of the country's foreign reserves.

The first purchase was made ​on Friday, the Bank of Uganda ​said in an emailed statement to Reuters, ⁠without sharing details on the value of ​the gold purchased.

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Agnico-Eagle pushes into Finland with three gold deals

Section: Daily Dispatches

By Sybilla Gross
Bloomberg News, New York
Monday, April 20, 2026

Agnico Eagle Mines Ltd. plans to spend C$3.7 billion ($2.7 billion) to acquire three gold projects in northern Finland, expanding the Canadian miner’s footprint in the Scandinavian country.

The Toronto-based company will buy Rupert Resources Ltd. and Aurion Resources Ltd., and separately purchase B2Gold Corp.'s 70% stake in an exploration joint venture with Aurion, according to a statement today.

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Judy Shelton: Kevin Warsh and the erosion of the dollar

Section: Daily Dispatches

By Judy Shelton
The Wall Street Journal
Sunday, April 19, 2026

Kevin Warsh is scheduled to testify before the Senate Banking Committee on Tuesday. The vote on his confirmation as Federal Reserve chairman may hinge on the Justice Department's dropping its inquiry into whether the current chairman, Jerome Powell, testified inaccurately about cost overruns in renovating Fed headquarters. 

It would be a pity if we have to wait. The U.S. dollar would benefit from new thinking at the Fed.

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