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Daily Dispatches

Gold bull builds excitement for 50th anniversary New Orleans Investment Conference

Section: Daily Dispatches

Join GATA there but act soon.

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By Brien Lundin
Gold Newsletter and New Orleans Investment Conference
Metairie, Louisiana
Thursday, October 3, 2024

We're in the final stages of preparing our agenda for this year's blockbuster 50th anniversary New Orleans Investment Conference, and I'm excited about the surprises we'll have in store for you.

First modern gold-backed scholarships can send students to college

Section: Daily Dispatches

If they can find one worth attending.

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9:55p ET Thursday, October 10, 2024

Dear Friend of GATA and Gold:

Gold advocates are eagerly anticipating the possibility that some sort of gold-backed trading currency will emerge from this month's meeting of the BRICs and BRICs-associated nations in Kazan in Russia. 

But the Sound Money Defense League and Money Metals Exchange have just announced what they call the first gold-backed college scholarships of the modern era.

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Sound money movement chalks up seven state legislative victories in 2024

Section: Daily Dispatches

By Jp Cortez
Money Metals Exchange, Eagle, Idaho
Wednesday, January 9, 2024

This year is shaping up to be one of the most legislatively successful in U.S. sound money history.

Money Metals Exchange was instrumental in achieving six new sound money victories, as well as one key defensive win. The upshot is that sound money legislation, carefully crafted and propelled by grassroots enthusiasm, is proving to be both practical and achievable.

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Dollar won't fall since the rest of world won't let it

Section: Daily Dispatches

By Mike Dolan
Reuters
Wednesday, October 9, 2024

LONDON -- The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it drop.

The DXY index, which tracks the dollar against the most widely traded global currencies, surged more than 2% last week -- a stunning whiplash, not least for the many speculators who were short on the greenback and waiting for it to swoon.

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China's Zijin Mining to buy Newmont's Ghana gold project for $1 billion

Section: Daily Dispatches

By Ayushman Ojha
Reuters
Tuesday, October 8, 2024

China's Zijin Mining Group will buy the Akyem gold mine project in Ghana from U.S.-based Newmont Corp. for $1 billion, the companies said today.

The sale is a part of Newmont's ongoing program to divest non-core assets as the company makes a strategic shift to focus on its tier one assets, the U.S. gold producer said.

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Mali says Barrick owes $500 million in taxes and fines, sources tell Reuters

Section: Daily Dispatches

By David Lewis, Giulia Paravicini, and Divya Rajagopal
Reuters
Tuesday, October 8, 2024

Mali's military government is seeking at least 300 billion African Financial Community (CFA) francs ($512 million) in outstanding taxes and dividends from Barrick Gold, three sources said, a move that is part of a push by the country to collect more revenue from mining companies.

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Weekend edition of Ed Steer's Gold and Silver Digest posted at SilverSeek

Section: Daily Dispatches

7p ET Monday, October 7, 2024

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "Russia ... and Silver," has been posted in the clear at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/russia-and-silver

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

Fortuna Mining says Burkina Faso will not withdraw existing permits

Section: Daily Dispatches

By Divya Rajagopal and Srivastava Vallari
Reuters
Monday, October 7, 2024

https://www.reuters.com/markets/commodities/fortuna-mining-says-burkina-faso-will-not-withdraw-existing-permits-2024-10-07/

Fortuna Mining said today that the government of Burkina Faso does not plan to withdraw the Canadian company's existing mining permits in the country.

Commemorative coin honors the man who got private ownership of gold re-legalized

Section: Daily Dispatches

And who got many people, including GATA's secretary/treasurer, interested in the essential purposes of the monetary metals.

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By Brien Lundin
Gold Newsletter, Golden Opportunties,
and the New Orleans Investment Conference
Monday, October 7, 2024

I've got exciting news for silver bugs.

As you know, the New Orleans Conference is celebrating its 50th annual event this fall, from November 20-23.

That's an unprecedented milestone. Literally no other investment event has ever made it this far.

The biggest scandal isn't what is illegal but what is perfectly legal

Section: Daily Dispatches

12:42p ET Monday, October 7, 2024

Dear Friend of GATA and Gold:

Today in their latest incisive criticism of the U.S. government's repeal of the Glass-Steagall Act in 1999, a decision that allowed federally insured banks to trade stocks and derivatives and thereby put the bank deposits of ordinary people at risk, Pam and Russ Martens of Wall Street on Parade reveal a telling detail about JPMorgan Chase Bank.

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