Mali plans to sell gold reserves at Barrick complex to fund restart operations
Submitted by admin on Tue, 2025-07-08 10:00 Section: Daily DispatchesBy Divya Rajagopal, Portia Crowe, and Tiemoko Diallo
Reuters
Tuesday, July 8, 2025
The Malian court-appointed administrator of Barrick Mining's Loulo-Gounkoto complex plans to sell one metric ton of gold from the site's storeroom as operations commence again after an almost six-month suspension, two sources told Reuters.
Canadian miner Barrick Gold temporarily halted mining operations in January after the Malian government seized gold stocks from the Loulo-Gounkoto complex.
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Today's edition of Ed Steer's Gold and Silver Digest posted in the clear at SilverSeek
Submitted by admin on Tue, 2025-07-08 09:30 Section: Daily Dispatches9:28a ET Tuesday, July 8, 2025
Dear Friend of GATA and Gold:
Today's edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "World's Bullion Banks Net Short 50% of Total Silver Open Interest" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/worlds-bullion-banks-net-short-50-total-silver-open-interest
Michael S. Milano: Privacy and fungibility are the forgotten virtues of sound money
Submitted by admin on Mon, 2025-07-07 22:00 Section: Daily DispatchesBy Michael S. Milano
The Mises Institute
Auburn, Alabama
Saturday, July 5, 2025
https://mises.org/mises-wire/privacy-and-fungibility-forgotten-virtues-sound-money
Long before the Blockchain Era, a landmark Scottish lawsuit posed a question that still echoes today: Can money carry memory -- or must it forget?
International journalist Michelle Makori brings 'The Real Story' to Miles Franklin
Submitted by admin on Mon, 2025-07-07 19:11 Section: Daily Dispatches7:09p ET Monday, July 7, 2024
Dear Friend of GATA and Gold:
International journalist Michelle Makori, who may be best known to followers of the monetary metals for her news anchor work at Kitco.com, has joined the YouTube channel of bullion dealer Miles Franklin as host of a recurring program called "The Real Story."
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Brien Lundin: Insuring against a catastrophe that is certain
Submitted by admin on Mon, 2025-07-07 18:45 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, July 7, 2025
I occasionally give presentations on gold and silver to audiences that aren't familiar with the sector.
So I try to include as much of the basic rationale for owning the monetary metals, stressing that there are two distinct reasons to do so -- as insurance and as an investment.
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China's central bank keeps buying gold as reserves grow for eighth straight month
Submitted by admin on Mon, 2025-07-07 15:30 Section: Daily DispatchesBy Sybilla Gross
Bloomberg News
Monday, July 7, 2025
China added to its official gold reserves for an eighth straight month in June, as prices of the precious metal traded near a record high.
Bullion held by the People's Bank of China rose by 70,000 troy ounces last month, according to data released today. Its gold reserves have climbed by 1.1 million troy ounces -- or about 34.2 tons -- since the current run of purchases began in November last year.
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