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Daily Dispatches
Central banks expand bullion holdings as U.S. dollar's dominance wavers
Submitted by admin on Tue, 2026-06-16 16:33 Section: Daily DispatchesBy Julie Zhang
South China Morning Post, Hong Kong
Tuesday, June 16, 2026
Central banks are expected to expand their gold holdings, while the U.S. dollar's dominance in global reserves will fade in five years, according to the World Gold Council.
The push to accumulate gold reflects a broad de-dollarisation trend in recent years.
About nine in 10 central banks expect global central bank gold holdings to continue increasing over the next 12 months, according to the council's annual Central Banks Gold Reserves Survey.
Central banks repatriate gold as global insecurity rises
Submitted by admin on Tue, 2026-06-16 08:17 Section: Daily DispatchesBy Leslie Hook and Krishn Kaushik
Financial Times, London
Tuesday, June 16, 2026
Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.
The central banks of India and France are among those that have relocated huge volumes of gold out of the U.S. and U.K. in the past year to store more domestically -- part of a trend of the institutions bringing bullion home and diversifying the storage location of their reserves.
Singapore's central bank offers gold vaulting to other central banks and bullion banks
Submitted by admin on Mon, 2026-06-15 13:23 Section: Daily DispatchesBy Timothy Goh
The Straits Times, Singapore
Monday, June 15, 2026
Foreign central banks and sovereign entities will be able to store their gold reserves with the Monetary Authority of Singapore from October as Singapore strengthens its position as a regional hub for gold trading and storage.
Matthew Piepenburg: Who wins gold's race against the dollar?
Submitted by admin on Mon, 2026-06-15 12:45 Section: Daily DispatchesBy Matthew Piepenburg
Von Greyerz / Gold Switzerland, Zurich
Monday, June 15, 2026
Gold. It began the year with galvanic headlines and endless coverage.
Now, midway through that same year, having lost more than 25% from its January high of $5,600, many are wondering if peak gold is behind us in the wake of just another broken asset bubble.
Such concerns are understandable, even expected -- especially during a shakeout.
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There are still no markets anymore, just interventions
Submitted by admin on Mon, 2026-06-15 12:16 Section: Daily Dispatches12:20p Monday, June 15, 2026
Dear Friend of GATA and Gold:
Quoth the Raven's Chris Irons, whose brilliant diagnosis of the wealth inequality problem was published over the weekend and called to your attention here --
https://www.gata.org/node/24758
-- today marvels at the resilience of what the world still somehow calls its financial markets. His analysis, highlighted by ZeroHedge, is headlined "The Only Bear Case Left Is Extinction," is posted in the clear at his internet site here --
Singapore to launch gold clearing system in bid to become precious metals hub
Submitted by admin on Mon, 2026-06-15 08:41 Section: Daily DispatchesBy Owen Walker
Financial Times, London
Sunday, June 14, 2026
Singapore will launch an over-the-counter clearing system for gold this year, along with a vault service for central banks, as the city-state attempts to establish itself as a global trading hub for precious metals.
Several international banks, including JPMorgan, Deutsche, and DBS, will take part in the system, deputy prime minister Gan Kim Yong said this morning.
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LBMA may make morning gold auction earlier to suit Asian traders
Submitted by admin on Mon, 2026-06-15 08:32 Section: Daily DispatchesBy Yihui Xie and Preeti Soni
Bloomberg News
Monday, June 15, 2026
The London Bullion Market Association is considering moving its morning gold auction to an earlier time to accommodate traders in Asia.
The potential shift would be "to reflect and to allow price discovery within the Asian time frame," LBMA Chief Executive Officer Ruth Crowell said today. This is "something that I know the market has asked for for many years, but I think it comes at the right time," she told the Asia-Pacific Precious Metal Conference in Singapore.
Venezuelan crime boss' demise creates opening to boost gold mining
Submitted by admin on Sun, 2026-06-14 10:17 Section: Daily DispatchesBy Alex Vasquez
Bloomberg News
Sunday, June 14, 2026
Tren de Aragua leader Niño Guerrero's killing not only fulfills U.S. President Donald Trump's pledge to go after a criminal group he had identified as a scourge in the United States. It also holds the promise of economic benefits in Venezuela.
CFTC may block 24/7 oil contract to thwart 'volatility' -- that is, free market
Submitted by admin on Sun, 2026-06-14 10:08 Section: Daily DispatchesCFTC Considers Blocking CME's 24/7 Oil Contract Bid
By Nicola M White and Mia Gindis
Bloomberg News
Friday, June 12, 2026
The U.S. Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator.
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Chris Irons: The problem isn't trillionaires but monetary policy
Submitted by admin on Sun, 2026-06-14 09:49 Section: Daily DispatchesBy Chris Irons
Quoth The Raven, Substack
Sunday, June 14, 2026
An open letter to Sen. Elizabeth Warren about trillionaires and inequality.
Dear Senator Warren,
When I watched your recent video on X about Elon Musk becoming the first trillionaire, I found myself in the unusual position of agreeing with you -- at least in part. That is not a sentence I write often.
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