GATA

Gold bull builds excitement for 50th anniversary New Orleans Investment Conference

Section: Daily Dispatches

Join GATA there but act soon.

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By Brien Lundin
Gold Newsletter and New Orleans Investment Conference
Metairie, Louisiana
Thursday, October 3, 2024

We're in the final stages of preparing our agenda for this year's blockbuster 50th anniversary New Orleans Investment Conference, and I'm excited about the surprises we'll have in store for you.

First modern gold-backed scholarships can send students to college

Section: Daily Dispatches

If they can find one worth attending.

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9:55p ET Thursday, October 10, 2024

Dear Friend of GATA and Gold:

Gold advocates are eagerly anticipating the possibility that some sort of gold-backed trading currency will emerge from this month's meeting of the BRICs and BRICs-associated nations in Kazan in Russia. 

But the Sound Money Defense League and Money Metals Exchange have just announced what they call the first gold-backed college scholarships of the modern era.

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Sound money movement chalks up seven state legislative victories in 2024

Section: Daily Dispatches

By Jp Cortez
Money Metals Exchange, Eagle, Idaho
Wednesday, January 9, 2024

This year is shaping up to be one of the most legislatively successful in U.S. sound money history.

Money Metals Exchange was instrumental in achieving six new sound money victories, as well as one key defensive win. The upshot is that sound money legislation, carefully crafted and propelled by grassroots enthusiasm, is proving to be both practical and achievable.

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Dollar won't fall since the rest of world won't let it

Section: Daily Dispatches

By Mike Dolan
Reuters
Wednesday, October 9, 2024

LONDON -- The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it drop.

The DXY index, which tracks the dollar against the most widely traded global currencies, surged more than 2% last week -- a stunning whiplash, not least for the many speculators who were short on the greenback and waiting for it to swoon.

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China's Zijin Mining to buy Newmont's Ghana gold project for $1 billion

Section: Daily Dispatches

By Ayushman Ojha
Reuters
Tuesday, October 8, 2024

China's Zijin Mining Group will buy the Akyem gold mine project in Ghana from U.S.-based Newmont Corp. for $1 billion, the companies said today.

The sale is a part of Newmont's ongoing program to divest non-core assets as the company makes a strategic shift to focus on its tier one assets, the U.S. gold producer said.

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Mali says Barrick owes $500 million in taxes and fines, sources tell Reuters

Section: Daily Dispatches

By David Lewis, Giulia Paravicini, and Divya Rajagopal
Reuters
Tuesday, October 8, 2024

Mali's military government is seeking at least 300 billion African Financial Community (CFA) francs ($512 million) in outstanding taxes and dividends from Barrick Gold, three sources said, a move that is part of a push by the country to collect more revenue from mining companies.

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