You are here

CNBC notes speculation about U.S. gold revaluation

Section: Daily Dispatches

9:50a ET Wednesday, February 12, 2025

Dear Friend of GATA and Gold:

CNBC on Monday took note of speculation that the U.S. government might revalue its gold reserves as part of a scheme to improve the government's financial position. The noting came in a five-minute interview with fund manager Peter Boockvar, which is posted here:

https://www.cnbc.com/video/2025/02/10/treasury-gold-holdings-worth-closer-to-800-billion-says-bleaklys-peter-boockvar.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


... ADVERTISEMENT ...

Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico

Guanajuato Silver is a precious metals producer reactivating past-producing silver and gold mines in central Mexico. The company produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine. All three mines are located within the state of Guanajuato, which has a 480-year mining history.

Additionally, the company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango state. 

With four operating mines and three processing facilities, Guanajuato Silver is one of the fastest growing silver producers in Mexico.

For more information, please visit:

http://www.gsilver.com/


GATA is grateful to these companies for their recent support:

Apollo Silver Corp.
Barksdale Resources
Dolly Varden Silver Corp.
Dryden Gold Corp.
Group Eleven Resources
Guanajuato Silver
IBK Capital Corp.
Independent Trading Group
Mining Discovery
Power Nickel
Silver North
Strike Point Gold
The National Investor
The Prospector
Western Alaska Minerals

* * *

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

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png