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Daily Dispatches
Sound Money Defense League applauds Trump's new call for gold audit, urges action on transparency act
Submitted by admin on Sun, 2026-05-31 14:09 Section: Daily DispatchesFrom the Sound Money Defense League
Eagle, Idaho
Sunday, May 31, 2026
Following President Donald Trump’s Truth Social post declaring "Time to Audit Fort Knox," the Sound Money Defense League today urged Congress to take immediate action on the Gold Reserve Transparency Act, which is pending in both the U.S. House and Senate.
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Trump renews call for audit of Fort Knox after $40 million gold arrest
Submitted by admin on Sun, 2026-05-31 10:14 Section: Daily DispatchesBy Mehab Qureshi
The Street, New York
Sunday, May 31, 2026
President Donald Trump wants someone to go count the gold at Fort Knox.
Today Trump posted an image to Truth Social reading "Time to Physically Audit Fort Knox."
It was attached to a New York Post story headlined "Former CIA official arrested after feds find $40M worth of gold bars stashed at his home." The post drew more than 10,000 likes.
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China's Zijin faces delays to its $4 billion swoop for Allied Gold
Submitted by admin on Fri, 2026-05-29 14:23 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Friday, May 29, 2026
Hong Kong-listed Zijin Gold International's $4 billion takeover of Canada's Allied Gold is facing delays because of opposition from regulators in Beijing, threatening the Chinese group's first major deal since its initial public offering.
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Alasdair Macleod: Open interest collapses in Comex gold and silver
Submitted by admin on Fri, 2026-05-29 13:18 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, May 29, 2026
As China buys up the bullion, the relevance of paper markets on Comex (and in London) is shrinking. Liquidity and relevance of paper gold and silver relative to bullion are diminishing.
Goldman says dollar surge during Iran war weighed on demand for Treasuries
Submitted by admin on Wed, 2026-05-27 17:07 Section: Daily DispatchesEverybody's intervening surreptitiously in the currency markets but would never intervene in gold, would they?
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By Anya Andrianova
Bloomberg News
Wednesday, May 27, 2026
A stronger dollar during the first month of the U.S.-Iran conflict spurred foreign official institutions to sell Treasuries, according to Goldman Sachs.
Malaysia jolts bullion trade with 10% import duty on gold bars
Submitted by admin on Tue, 2026-05-26 13:12 Section: Daily DispatchesBy Yihui Xie
Bloomberg News
Tuesday, May 26, 2026
Malaysia has imposed a 10% import duty on some gold bar shipments, according to traders familiar with the matter, disrupting the bullion trade in the Southeast Asian nation.
Some inbound cargoes have been charged a 10% duty since at least early May, traders and dealers said, asking not to be identified as they are not authorized to speak to the media.
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Uzbekistan resumes gold exports after half-year pause
Submitted by admin on Tue, 2026-05-26 10:49 Section: Daily DispatchesBy Yuliya Fedorinova
Blomberg News
Tuesday, May 26, 2026
Uzbekistan, one of the largest gold producers, resumed full-scale gold exports in April after a half-year pause.
The nation exported about $1.5 billion of non-monetary gold in the first four months of the year, the National Statistics Committee reported today, indicating that most of it was sold in April.
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Paris Mint to issue first solid-gold coins in a century
Submitted by admin on Tue, 2026-05-26 10:20 Section: Daily DispatchesFrom RTE, Dublin
Tuesday, May 26, 2026
The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis coins a century ago.
Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams).
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Patrick Gibbons: There's a global rush to gold but Australia is the hardest place to mine it
Submitted by admin on Tue, 2026-05-26 09:12 Section: Daily DispatchesBy Patrick Gibbons
Australian Financial Review, Sydney
Tuesday, May 26, 2026
Sometimes budget papers hide in plain sight critical information. And this year's was no different. Buried among the usual forecasts for iron ore, coal, and LNG export earnings was a commodity Canberra rarely talks about: gold.
For decades gold has occupied an awkward place in Australia's economic story. Iron ore built the budget surpluses. Coal powered Asia. LNG was the great energy export hope.
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Burkina Faso tightens grip on $7 billion gold industry as foreign firms lose ground
Submitted by admin on Sun, 2026-05-24 12:11 Section: Daily DispatchesBy Segun Adeyemi
Business Insider Africa, New York
Saturday, May 23, 2026
Burkina Faso is rapidly tightening its grip on one of Africa's most valuable industries as the military-led government pushes to reduce foreign dominance over the country's gold sector.
The West African nation, one of the continent's leading gold producers, has spent the past three years restructuring mining ownership in what authorities describe as a drive for "economic sovereignty."
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