GATA

Sprott Money salutes Ted Butler

Section: Daily Dispatches

From Sprott Money, Toronto
Monday, June 17, 2024

The fight for free and fair pricing in the precious metals lost a longtime advocate last weekend with the passing of Ted Butler. Few have fought against the bullion banks as vigorously as Ted, and now we must continue the battle in his honor.

Singapore gold analyst agrees with GATA: Official Chinese data may be false

Section: Daily Dispatches

6:42p ET Wednesday, June 19, 2024

Dear Friend of GATA and Gold:

In analysis today for Think China magazine in Singapore, the co-founder of Singapore research firm Plenum, Chen Long, echoes your secretary/treasurer's longtime assertions that no official gold reserve data is reliable, including China's, an assertion repeated in your secretary/treasurer's discussion last week with Soar Financially's Kai Hoffman, brought to your attention yesterday:

Official gold data is no good, GATA secretary tells Soar Financially's Kai Hoffman

Section: Daily Dispatches

4:40p ET Tuesday, June 18, 2024

Dear Friend of GATA and Gold:

In a discussion last week with Kai Hoffman of Soar Financially, your secretary-treasurer dismissed reports that the People's Bank of China had "stopped" buying gold insofar as it reported not buying any in May for the first time in many months.

Official gold reserve information is unreliable, your secretary-treasurer said, providing several major examples of how it has been falsified over the years.

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Ed Steer: In tribute to Ted Butler

Section: Daily Dispatches

By Ed Steer
Ed Steer's Gold and Silver Digest
Tuesday, June 18, 2024

I still haven't really come to grips with the fact that Ted Butler is gone, even though I knew it had been coming since early March but kept quiet about it until I started getting questions from his subscribers about a month ago when the second notification went up on his website that he was ceasing publication of his column.

No words below will do justice to him, or his legacy.

Ronan Manly: Can gold-backed ZiG restore confidence and stability in Zimbabwe?

Section: Daily Dispatches

By Ronan Manly
Bullion Star, Singapore
Tuesday, June 18, 2024

When the words "Zimbabwe" and "currencies" are mentioned in the same sentence, many people will bring to mind the chronic hyperinflation period that Zimbabwe experienced from the early 2000s to 2009, and the infamous 100 trillion Zimbabwean dollar note Zimbabwe's central bank issued in a desperate attempt to cope with that hyperinflation.

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Alasdair Macleod: The physical drivers of gold and silver

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, June 14, 2024

Gold and silver steadied this week, at the lower end of their current trading ranges. In European trade this morning, gold was $2,317, up $22, while silver was $29.07, down 8 cents. Comex volumes in gold were low, while silver's were high.

The trading dynamics in the two metals are dissimilar, as our two charts show.

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Asante