You are here

Daily Dispatches

Silver's prospects discussed by GoldSeek Radio's Waltzek and GATA Chairman Murphy

Section: Daily Dispatches

3:25p ET Monday, December 2, 2024

Dear Friend of GATA and Gold:

GoldSeek Radio's Chris Waltzek today discusses silver's prospects with GATA Chairman Bill Murphy, who says JPMorganChase is still working to prevent the white metal from catching up to gold.

The interview is 8 1/2 minutes long and can be heard at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/goldseek-radio-nugget-bill-murphy-bad-guys-are-getting-out

Australia's Northern Star plan to buy De Grey Mining for US$3.3 billion

Section: Daily Dispatches

By Melanie Burton and Aaditya Govind Rao
From Reuters
Monday, December 2, 2024

MELBOURNE, Australia -- Australian gold miner Northern Star Resources said today it will buy De Grey Mining in an all-share deal valuing the smaller miner at A$5 billion (US$3.3 billion) as high gold prices spur consolidation in the sector.

... Dispatch continues below ...


... ADVERTISEMENT ...

Buy, Sell, or Store Precious Metals with Money Metals Exchange

Russia imposes temporary ban on export of precious metals waste and scrap

Section: Daily Dispatches

From Interfax, London
Monday, November 25, 2024

MOSCOW -- The Russian government has introduced a temporary ban on the export of waste and scrap of precious metals from December 1, 2024, to May 31, 2025. This decision will enable increasing the load of Russian refinery operators, the Russian government said on its website Saturday.

... Dispatch continues below ...


... ADVERTISEMENT ...

Are you ready to safeguard your assets using precious metals?

Peter St. Onge: How we could end the Federal Reserve

Section: Daily Dispatches

By Peter St. Onge
Money Metals Exchange, Eagle, Idaho
Friday, November 29, 2024

How can we End the Federal Reserve?

Without a government-licensed counterfeiter, would we be eating cat food?

There's an entire industry dedicated to pumping out fear, uncertainty, and doubt of the post-apocalyptic dystopia that would descend upon the fair republic if we cancel the Fed's counterfeiting license.

So what would actually happen?

... Dispatch continues below ...

Trump threatens 100% tariffs against nations that replace U.S. dollar

Section: Daily Dispatches

Trump Warns BRICS Nations Against Replacing U.S. Dollar

By Lucia Mutikani and Ismail Shakil
Reuters
Saturday, November 30, 2024

https://www.reuters.com/world/trump-warns-brics-nations-against-replacing-us-dollar-2024-11-30/

WASHINGTON -- U.S. President-elect Donald Trump today demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.

China expands trading to acquire more Western gold and silver, Maguire tells LFTV

Section: Daily Dispatches

10:27p ET Friday, November 29, 2024

Dear Friend of GATA and Gold:

The People's Bank of China has just authorized millions of smaller companies and traders to buy gold and silver on the Shanghai Gold Exchange, London metals trader Andrew Maguire says in this week's episode of Kinesis Money's "Live from the Vault" program. This expansion of trading, Maguire says, is designed to draw much more Western metal into China. He expects the gold price to reach $3,000 by the end of December and the new buying from China to set silver on its way to $100.

Eastern European central banks are now among biggest buyers of gold

Section: Daily Dispatches

By Peter Laca
Bloomberg News
Thursday, November 28, 2024

This year the Czech Republic's central bank chief flew to London to have a look at a swelling stack of gold bars stored in the Bank of England's concrete-encased vaults beneath Threadneedle Street. 

Falling gold prices revive physical demand in key markets

Section: Daily Dispatches

By Polina Devitt and Rajendra Jadhav
Reuters
Tuesday, November 26, 2024

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said.

Spot gold prices hit a record $2,790.15 per troy ounce on Oct. 31, but are down some 4% so far in November in response to a Republican Party clean sweep in the U.S. election.

... Dispatch continues below ...


... ADVERTISEMENT ...

Ronan Manly: Dubai's record-breaking 300-kg gold bar

Section: Daily Dispatches

By Ronan Manly
Tuesday, November 26, 2024

In a city famous for setting records such as the world's tallest building, the Burj Khalifa, a new record-breaking gold bar weighing an incredible 300 kilograms (9,600 troy ounces) has just been produced in Dubai, United Arab Emirates. 

At current gold prices, this 300-kg bar is valued at more than US$ 25 million.

... Dispatch continues below ...


... ADVERTISEMENT ...

Former Richmond Fed official pleads guilty to insider trading

Section: Daily Dispatches

By Ken Silva
Headline USA, Charlotte, North Carolina
Monday, November 25, 2024

A former official for the Federal Reserve Bank of Richmond pled guilty last week to insider trading after he was caught misappropriating confidential information to execute trades.

The defendant, Robert Brian Thompson, 43, of Mosley, worked as a bank examiner and senior manager with supervisory duties for the Federal Reserve, giving him access to confidential information about financial institutions under the Fed's supervision, including confidential supervisory information.

Pages