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Daily Dispatches
Marcus Ashworth: Gold becomes more useful as a piggy bank than a haven
Submitted by admin on Thu, 2026-03-26 08:36 Section: Daily DispatchesBy Marcus Ashworth
Bloomberg News
via NDTV, New Delhi
Thursday, March 26, 2026
Gold's reputation as the ultimate store of value has been tarnished by its 15% decline since the Iran conflict began. It has failed to act as a haven or a geopolitical hedge.
Russia's Putin limits cash and gold exports
Submitted by admin on Thu, 2026-03-26 06:45 Section: Daily DispatchesBy Elena Teslova
Anadolu Agency, Ankara, Turkey
Thursday, March 26, 2026
Russian President Vladimir Putin signed decrees Wednesday restricting cash and gold exports as part of a broader campaign to combat the shadow economy and curb capital flight.
Under one decree, carrying ruble cash across the border of Russia to the Eurasian Economic Union will be prohibited in the amount equivalent to more than $100,000 at the exchange rate of the Bank of Russia from April 1, with certain exceptions.
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U.S. got $100 million of gold from Venezuela, U.S. interior secretary says
Submitted by admin on Thu, 2026-03-26 06:23 Section: Daily DispatchesBy Spencer Kimball
CNBC, New York
Wednesday, March 25, 2026
HOUSTON -- Interior Secretary Doug Burgum said today that the U.S. recently brought back $100 million of gold from Venezuela.
Burgum visited Venezuela with oil and mining executives this month to meet with interim President Delcy Rodriguez.
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Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico
Oil refiners in India tap dollar alternatives to buy Russian oil
Submitted by admin on Wed, 2026-03-25 15:10 Section: Daily DispatchesSurprise! Money is still fungible!
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By Saikat Das and Siddhi Nayak
Bloomberg News
Wednesday, March 25, 2026
Indian refiners are increasingly settling purchases of Russian oil in alternative currencies, according to people familiar with the matter, as they seek to reduce reliance on the dollar amid rising geopolitical tensions and shifts in U.S. policy.
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Ringleader pleads guilty to C$22 million gold, cash theft at Toronto airport
Submitted by admin on Tue, 2026-03-24 23:59 Section: Daily DispatchesBy Adrian Humphreys
National Post, Toronto
Tuesday, March 24, 2026
A ringleader of Toronto’s Pearson Airport gold heist has pleaded guilty for his part in the alarming plot that saw bandits brazenly steal more than $22 million in gold and cash from an Air Canada cargo warehouse in 2023, most of which remains missing.
Arsalan Chaudhary, a 43-year-old man formerly of Mississauga, pleaded guilty Monday, officials confirmed. He has not yet been sentenced.
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French central bank books $15 billion gain on gold reserve upgrade
Submitted by admin on Tue, 2026-03-24 23:53 Section: Daily DispatchesBy Leigh Thomas
Reuters
Tuesday, March 24, 2026
PARIS -- The Bank of France has booked one-off capital gains of nearly 13 billion euros ($15.1 billion) from an upgrade of its gold reserves since last July as it benefited from high gold prices, the central bank said today.
Over the past two decades the bank has been gradually replacing older or non‑standard gold holdings with bars that meet modern international standards. A 2024 internal audit recommended completing the process for the small share of French gold still held in New York.
The very purpose of government gold reserves is currency market rigging
Submitted by admin on Tue, 2026-03-24 10:44 Section: Daily Dispatches10:41a ET Tuesday, March 24, 2026
Dear Friend of GATA and Gold:
Since its founding in 1998 GATA has maintained that governments and central banks use gold for rigging the currency markets -- sometimes openly and sometimes surreptitiously, to deceive investors and other governments and central banks.
The Reserve Bank of Australia used to acknowledge candidly in its annual reports that currency market rigging is the very purpose of gold reserves.
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Ed Steer: China and silver
Submitted by admin on Mon, 2026-03-23 17:55 Section: Daily Dispatches5:55p ET Monday, March 23, 2026
Dear Friend of GATA and Gold (and Silver):
The special Sunday edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "China and Silver," is posted in the clear at SilverSeek here:
https://silverseek.com/article/china-silver
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Ed Steer: Gold joins silver on the launch pad
Submitted by admin on Sun, 2026-03-22 15:11 Section: Daily Dispatches3:10p ET Sunday, March 23, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "Gold Joins Silver on the Launchpad," is posted in the clear at SilverSeek here:
China pulls silver from global markets to meet surging demand
Submitted by admin on Sun, 2026-03-22 13:38 Section: Daily DispatchesBy Yihui Xie and Jack Ryan
Bloomberg News
Friday, March 20, 2026
China's ravenous appetite for silver lifted overseas purchases to an eight-year high at the start of 2026, as importers fed a surge in industrial and investment demand.
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