You are here

Daily Dispatches

Poland’s central bank chief weighs gold sales to finance defense

Section: Daily Dispatches

By Piotr Skolimowski and Agnieszka Barteczko
Bloomberg News
via MSN News, Redmond, Washington
Thursday, March 5, 2026

Poland's central bank chief laid out a proposal to generate as much as 48 billion zloty ($13 billion) from the sale of gold reserves to finance defense spending as part of a plan backed by the nation's president, according to people familiar with the matter. 

... Dispatch continues below ...


... ADVERTISEMENT ...

U.S. begins extracting Venezuelan gold

Section: Daily Dispatches

Trump Officials Broker Massive U.S.-Venezuela Gold Deal

By Marc Caputo
Axios, Arlington, Virginia
Wednesday, March 4, 2026

Venezuela's state-owned mining company on Monday inked a multimillion-dollar deal to sell as many as 1,000 kilograms of gold destined for U.S. markets, two sources familiar with the deal tell Axios.

The arrangement shows the tightening commercial bounds between Venezuela and the U.S. after President Trump ousted that nation's indicted socialist dictator and exerted de-facto control over its oil-rich petroleum company.

U.S. prepares to take over Venezuela's mining sector

Section: Daily Dispatches

Not that Venezuela Has Done Such a Great Job With It.

* * *

Venezuela mining reform coming soon, acting president says, as U.S. official hails potential

Bv Marianna Parraga
Reuters
Wednesday, March 5, 2026

Gold and silver flows disrupted as Iran war grounds flights

Section: Daily Dispatches

By Leslie Hook
Financial Times, London
Wednesday, March 4, 2026

Global flows of gold and silver are suffering major disruption as war in the Middle East halts most air traffic into and out of Dubai, in a move that traders say could trigger further volatility in prices that have already suffered sharp swings this year.

Iran war's oil shock threatens to unleash wave of global inflation

Section: Daily Dispatches

By Ziad Daoud, Dina Esfandiary, Jamie Rush, Jennifer Welch, and Tom Orlik
Bloomberg News
Tuesday, March 3, 2026

President Donald Trump's war with Iran threatens to deal a severe blow to a global economy still grappling with the impact of his historic tariff hike.

Silver price suppression may be coming to an end, Maguire tells LFTV

Section: Daily Dispatches

10:26p ET Tuesday, March 3, 2026

Dear Friend of GATA and Gold:

In last week's installment of Kinesis Money's "Live from the Vault" program, London metals trader addressed the growing likelihood that a half century of silver price suppression is coming to an end as physical demand overwhelms Western futures markets. The episode is 51 minutes long and can be viewed at the Kinesis Money channel at YouTube here:

https://www.youtube.com/watch?v=AO4RSamsZ6I

Investors turn to gold, not bonds, as haven from war in Iran

Section: Daily Dispatches

By Ian Smith, Emily Herbert, Rachel Rees, Leslie Hook, and Costas Mourselas
Financial Times, London
Monday, March 2, 2026

Big investors have turned to gold and the U.S. dollar rather than the traditional safety of government bonds, as anxiety grows over an inflation shock threatened by the war in Iran.

Gold raced close to a record high on Monday, jumping 2.5% to more than $5,400 a troy ounce, as drone strikes on Qatar's natural gas facilities raised fears of a new energy crisis. It was later up 1%.

... Dispatch continues below ...

Brien Lundin: War isn't bullish for gold

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, March 2, 2026

As I walked the packed halls of the massive PDAC mining conference yesterday, many attendees asked, with eyes gleaming with excitement, how high gold would jump today in the wake of America's massive onslaught against Iran.

I threw rhetorical cold water in their faces.

Top gold miner Uzbekistan extends halt on exports amid record prices

Section: Daily Dispatches

By Yuliya Fedorinova
Bloomberg News
Monday, March 2, 2026

Uzbekistan, one of the world's largest gold producers, has taken to hoarding its output of the yellow metal as prices hit records amid global geopolitical turmoil.

The country, which mines about 130 tons per year, exported no non-monetary gold in January, extending a halt in sales that began late last year, according to data from the National Statistics Committee published today.

... Dispatch continues below ...


... ADVERTISEMENT ...

Chris Powell: Canada, you're a rich country, so stop insisting on being poor

Section: Daily Dispatches

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Stein-GATA Dinner, Toronto
Sunday, March 1, 2026


Please forgive the lack of a French translation for my remarks. I took four years of French in high school and still don't know merde.

But since we met here a year ago things have changed dramatically for the monetary metals. For much of the last year gold and silver have been more or less soaring. I think I know why.

Pages