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OMG: Bloomberg columnist recommends gold

Section: Daily Dispatches

Central Banks Are the Newest HODLers of Gold

By Merryn Somerset Webb
Bloomberg News
Sunday, April 7, 2024

A few weeks ago, when the gold price hit a record high, no one besides a few gold bugs seemed to care. 

Bitcoin also hit a record high. Everyone cared. 

Proof came in the personal finance pages of the UK newspapers. The Financial Times had a piece on investing in crypto miners, a long read about what crypto still gets wrong, and a cry of pain for UK investors denied the right to hold Bitcoin exchange-traded funds. 

... Dispatch continues below ...


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Guanajuato Silver Reports Best Ever Quarterly Production

Company Announcement
Friday, April 5, 2024

VANCOUVER, British Columbia, Canada -- Guanajuato Silver Co. Ltd. announces consolidated production results for the three months ended March 31, 2024. Production results are generated from the company's wholly owned El Cubo Mines Complex, Valenciana Mines Complex, and San Ignacio Mine in Guanajuato, Mexico, the El Horcon Mine in Jalisco, Mexico, and the Topia Mine in Durango, Mexico.

Production during the quarter of 987,312 silver-equivalent ounces is the best quarter in the company's history since production began at the company's El Cubo mines complex in Q4 2021. ...

James Anderson, chairman and CEO, said: "Q1 generated our best production performance to date and continues the trend of demonstrable quarter-over-quarter increases in precious metals production. ..."

... For the remainder of the announcement:

https://gsilver.com/news/2024/897-uanajuatoilvereportsestveruarterlyroduction20240405


The Telegraph had almost a full page on how to buy. Bitcoin also made made it into the Market Report section of the Daily Mail and got good exposure in the Times too -- with another cry of pain for UK investors and the fusty bureaucrats who won’t let them get easy exposure to the asset of the century.

Unless I missed it, none of these papers had an article on gold. ...

... For the remainder of the commentary:

https://www.bloomberg.com/opinion/articles/2024-04-07/gold-central-banks-are-the-newest-hodlers-of-the-oldest-money

* * *

Join GATA here:

Mining Investment Asia
Wednesday-Thursday, May 15-16, 2024
Marriott Tang Plaza Hotel, Singapore

https://www.mininginvestmentasia.com/

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Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

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