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Daily Dispatches

Where and when does the gold price stop rising?

Section: Daily Dispatches

11:58a ET Tuesday, September 23, 2025

Dear Friend of GATA and Gold:

GATA's longtime friend, financial newsletter writer Thom Calandra, yesterday asked your secretary/treasurer if a gold mania was developing. My comments made his letter this morning and he doesn't mind if I share them with you, so they're appended.

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

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China's central bank wants to become international gold repository

Section: Daily Dispatches

Gold Hits Fresh Record as Traders Weigh China Reserves, Fed Cuts

By Jack Ryan and Sybilla Gross
Bloomberg News
via Yahoo News, Sunnyvale, California
Tuesday, September 23, 2025

Gold climbed to a fresh record, with traders weighing China's plan to become a custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market.

Inflation is worse than CPI shows, former U.S. comptroller says in new book

Section: Daily Dispatches

By Laura Bliss and Klara Auerbach
Bloomberg News
Monday, September 22, 2025

Faced with runaway inflation during World War I, the U.S. Department of Labor came up with a handy tool. A single figure, the Consumer Price Index, would measure the changing cost of a basket of everyday items. 

Brien Lundin: Ride the gold and silver bull best by attending the New Orleans conference

Section: Daily Dispatches

GATA's Bill Murphy and Chris Powell will be speaking there.

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By Brien Lundin, Publisher
Gold Newsletter / Golden Opportunities, Metarie, Louisiana
Monday, September 22, 2025

https://goldnewsletter.com/go092225/

Ho hum. Another day, another record for gold and a scorching run in silver.

Both metals seem unstoppable right now. Although off from their highs of earlier in the session, they continue to lay waste to all the shorts standing in their way.

Gold revaluation likely by year-end, multiples of current price expected, Maguire tells LFTV

Section: Daily Dispatches

8:45p ET Friday, September 19, 2025

Dear Friend of GATA and Gold (and Silver):

On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says an international revaluation of gold is likely by the end of the year as central banks scramble to get all the metal they can by unloading their U.S. dollars, even as the U.S. Federal Reserve remains short.

Maguire says gold market insiders expect gold and silver prices that are multiples of current prices.

GATA secretary discusses organization's work and future of monetary metals with Peter Grandich

Section: Daily Dispatches

5:43p ET Friday, September 19, 2025

Dear Friend of GATA and Gold:

Your secretary/treasurer today spent 20 minutes with GATA's old friend, financial analyst Peter Grandich, reflecting on the organization's work to expose and defeat the long-running manipulation of the gold market by the U.S. government and its allies, and then speculating on the future of gold and silver in the world financial system.

The discussion can be seen at Grandich's channel at YouTube here:

Alasdair Macleod: Gold and silver futures under strain

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, September 19, 2025

Hooray for an interest rate cut and to hell with inflation! 

But there are some weird happenings in Comex futures, particularly a large short position in the gold contract.

In this market report, we draw attention to some interesting developments in Comex's gold and silver contracts, illustrating the systemic strains emerging in these two markets. It is against a background of the Fed abandoning pretense of managing inflation. ...

China's Zijin Gold seeks $3.2 billion in biggest IPO since May

Section: Daily Dispatches

Yihui Xie and Dave Sebastian
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, September 18, 2025

Zijin Gold International Co. is seeking to raise HK$25 billion ($3.2 billion) for an initial public offering in Hong Kong that's poised to be the world's biggest deal of its kind since May.  

The company, a unit of China's top miner, is offering about 349 million shares at HK$71.59 each, according to a listing document. Trading is set to begin Sept. 29.

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Record gold prices in India fail to unlock scrap supply

Section: Daily Dispatches

By Rajendra Jadhav and Brijesh Patel
Reuters
via Yahoo News, Sunnvale, California
Wednesday, September 17, 2025

NEW DELHI -- Supplies of used gold jewelry and coins, typically released when investors book profits, have been scarce in India, as many expect bullion prices to continue climbing even after reaching new highs almost every week.

This contrasts with March, when spot gold first crossed $3,000 an ounce and retail customers rushed to sell their holdings, triggering a surge in scrap supply.

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Gold gets a little grudging respect from Wall Street Journal

Section: Daily Dispatches

Why You Should Own (Some) Gold

By Greg Ip
The Wall Street Journal
via MSN News, Redmond, Washington
Wednesday, September 17, 2025

Here are some good reasons not to invest in gold. First, it earns no dividends or interest. Second, you can't live in it, like real estate. Third, it has doubled in the last few years, so forget about buying at the bottom.

Nonetheless, this column is going to explain why a prudent, diversified investor should consider owning gold today. 

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