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Daily Dispatches
Vietnam opens up gold market in 'pivotal shift' as government monopoly ends
Submitted by admin on Wed, 2025-08-27 08:54 Section: Daily DispatchesBy Nguyen Xuan Quynh
Bloomberg News
Wednesday, August 27, 2025
Vietnam is opening up its gold market, ending a state monopoly on imports and exports of raw bullion as well as producing bars, in a move that may boost supply and narrow a gap between local and global prices.
"This marks a pivotal shift," Pham Luu Hung, chief economist at SSI Securities Corp., said in a note. It's a move from a state-controlled model to a regulated, competitive market aimed at enhancing transparency and efficiency, Hung said.
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Peru's gold exports to China through June overtake all 2024
Submitted by admin on Tue, 2025-08-26 10:18 Section: Daily DispatchesFrom Reuters
via Yahoo News, Sunnyvale, California
Wednesday, August 20, 2025
LIMA, Peru -- Peru's gold exports to China surged in the first half of 2025 to surpass shipments from all of last year, according to government data released in August.
Global appetite for gold is rising amid trade tensions between the U.S. and China. Prices for the metal, a safe haven asset whose value typically rises in times of turmoil, hit record levels last year.
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Alasdair Macleod: How silver has been suppressed -- by China, but no longer
Submitted by admin on Tue, 2025-08-26 10:07 Section: Daily DispatchesThis analysis was published today in Alasdair Macleod's financial letter at Substack and is reposted here by his kind permission. Macleod's letter is published every few days and a seven-day free trial subscription is available. Rates are $10 per month or $120 per year. To subscribe, please visit:
https://alasdairmacleod.substack.com/
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By Alasdair Macleod
Tuesday, August 26, 2025
Aris Mining partners with informal miners to navigate illicit gold boom in Colombia
Submitted by admin on Tue, 2025-08-26 09:14 Section: Daily DispatchesBy James Attwood
Bloomberg News
Tuesday, August 26, 2025
Colombia's artisanal miners are helping a Canadian precious metals producer backed by Frank Giustra to navigate the country's illicit gold boom via some unusual agreements.
Aris Mining Corp. has signed partnerships with about 2,500 small-scale miners who now account for 45% of the gold that comes out of its Segovia mine in Antioquia department, according to Chief Executive Officer Neil Woodyer.
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Alasdair Macleod: Monetary metals are ready for their next move
Submitted by admin on Sun, 2025-08-24 11:47 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, August 22, 2025
Quiet conditions in precious metals belie explosive upside potential, given a government bond market crisis developing in all major currencies.
Consider subscribing to GATA supporter Mike Ballanger's daily market letter
Submitted by admin on Sun, 2025-08-24 11:38 Section: Daily Dispatches11:35a ET Sunday, August 24, 2025
Dear Friend of GATA and Gold:
GATA long has been reading the daily market letter from our old friend Michael J. Ballanger in Canada, a letter that concentrates on the mining industry but often has a wider focus and, unlike most financial letters, acknowledges market manipulation. Your secretary/treasurer thinks it's a great letter and as you'll see below, Ballanger now is taking new subscribers again and is offering a substantial subscription fee discount to GATA supporters.
I think you'll enjoy it and find it profitable.
Play silver's breakout by donating to GATA
Submitted by admin on Sun, 2025-08-24 11:32 Section: Daily Dispatches11:30a ET Sunday, August 24, 2025
Dear Friend of GATA and Gold:
Like gold, silver now seems to be breaking out of its longstanding derivatives clutches engineered by the U.S. government and its investment bank agents. But this largely surreptitious manipulation of the monetary metals markets hasn't been overthrown yet.
JPMorgan to pay $330 million to settle claim of fraud against Malaysian sovereign wealth fund
Submitted by admin on Sat, 2025-08-23 20:54 Section: Daily DispatchesBy Simon Foy and Philip Georgiadis
Financial Times, London
Saturday, August 23, 2025
JPMorgan has agreed to pay $330 million to the Malaysian government to settle claims related to its role in the 1MDB financial scandal.
In a joint statement with the Malaysian government on Friday, JPMorgan said it would contribute the amount to Malaysia's Assets Recovery Trust Account "without admission of liability."
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GATA's Steer discusses silver's likely breakout from suppression by derivatives
Submitted by admin on Sat, 2025-08-23 12:05 Section: Daily Dispatches12:04p ET Saturday, August 23, 2025
Dear Friend of GATA and Gold:
GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest letter, was interviewed this week by Jesse Day of the Commodity Culture channel on YouTube, discussing silver's likely breakout from the clutches of the banks that have been suppressing prices with derivatives even as physical supply gets extremely short. China, Steer says, is busily acquiring silver directly from miners, avoiding the market rigging in New York and London.
Kalgoorlie's Super Pit aims to reclaim crown as Australia's biggest-producing gold mine
Submitted by admin on Sat, 2025-08-23 11:37 Section: Daily DispatchesBy Jarrod Lucas
Australian Broadcasting Corp., Sydney
Saturday, August 23, 2025
From the public viewing platform overlooking Kalgoorlie's Super Pit gold mine, Greg Hewitt reflects on a four-decade career as an underground miner.
He spent 25 years lugging around a heavy rock drill, known as an air-leg, chasing rich gold deposits at what was once considered the richest square mile on Earth.
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