You are here
Daily Dispatches
Physical gold and silver markets are leaving paper markets behind, Maguire tells LFTV
Submitted by admin on Sat, 2025-01-25 07:55 Section: Daily Dispatches7:56a ET Saturday, January 25, 2025
Dear Friend of GATA and Gold:
On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says that the markets for physical gold and silver have sharply separated from the paper markets, as indicated by rising gold lease rates, and that central banks, bullion banks, and even major investors have figured out the paper racket and are foiling it by taking delivery of real metal.
The program is 42 minutes long and can be viewed at YouTube here:
Alasdair Macleod: Will Comex face gold import tariffs?
Submitted by admin on Fri, 2025-01-24 13:48 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, January 24, 2025
For the last two weeks before and after Trump's inauguration on 20 January, gold has recovered to almost new highs in dollars.
In European trade this morning, gold was trading at $2,774, up $73 on the week, and silver was $30.85, up 53 cents, for a gold/silver ratio of nearly 90 times.
... Dispatch continues below ...
... ADVERTISEMENT ...
Air Canada ordered to pay just $18,000 for stolen $24 million crate of gold
Submitted by admin on Fri, 2025-01-24 12:15 Section: Daily DispatchesBy Adrian Humphreys
National Post, Toronto
Thursday, January 23, 2025
In the messy aftermath of the Toronto airport gold heist, in which $24 million in gold bars and cash was driven away by thieves from an Air Canada warehouse, the airline has been ordered by the federal court to pay Brink's transport company just $18,600 in compensation for their huge loss because of poorly completed paperwork on the stolen shipment.
... Dispatch continues below ...
... ADVERTISEMENT ...
Morgan Stanley finds 'silent plurality' ready to sell dollar
Submitted by admin on Fri, 2025-01-24 12:06 Section: Daily DispatchesBy Ruth Carson
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, January 24, 2025
Traders looking to sell the world's reserve currency are far more common than thought even as the dollar's dominance rips across markets, according to Morgan Stanley.
"While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more 'silent' plurality of investors looking to sell the dollar instead," strategists including David Adams wrote in a note. "Many have dry powder and are waiting for a sign to enter shorts."
Joshua D. Glawson: The five best books on sound money in 2025
Submitted by admin on Wed, 2025-01-22 19:46 Section: Daily DispatchesBy Joshua D. Glawson
Money Metals Exchange, Eagle, Idaho
Wednesday, January 22, 2025
Sound money, composed of gold and silver, has historically been a way to establish economic and financial stability, build wealth, plan for the future, and hedge against tyrannical government overreach.
Please help GATA financially and get a 1-ounce silver round commemorating our work
Submitted by admin on Wed, 2025-01-22 19:43 Section: Daily Dispatches7:43p ET Wednesday, January 22, 2025
Dear Friend of GATA and Gold:
Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today.
Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them.
... Dispatch continues below ...
... ADVERTISEMENT ...
Rio Tinto, Northern Dynasty projects expected to get U.S. approval under Trump
Submitted by admin on Wed, 2025-01-22 10:51 Section: Daily DispatchesBy Leslie Hook and Pilita Clark
Financial Times, London
Wednesday, January 22, 2025
Rio Tinto is betting Donald Trump will finally give the green light to its giant copper mine in Arizona after a 12-year permitting battle, as part of a wave of domestic projects expected to be approved by the new U.S. administration.
"I do think that we have really good chances now to progress that project," said Jakob Stausholm, chief executive of the London-listed miner, in an interview with the Financial Times, which will be broadcast today. "We have made a lot of progress."
At least seven people killed by army at Ghana's AngloGold Ashanti mine
Submitted by admin on Mon, 2025-01-20 09:53 Section: Daily DispatchesBy Maxwell Akalaare Adombila and Christian Akorlie
Reuters
Sunday, January 19, 2025
ACCRA, Ghana -- A Ghanaian small-scale miners' association on Sunday said soldiers killed nine unarmed people at an AngloGold Ashanti mine on Saturday night, while the army said seven illegal miners had been killed in a firefight.
Kofi Adams, local chairman of the Ghana National Association of Small-Scale Miners, told Reuters that nine people had been killed and 14 severely injured in the incident at the Obuasi gold mining site in the West African country's Ashanti Region.
'LFTV' panelists agree that the world has figured out U.S. market rigging
Submitted by admin on Sat, 2025-01-18 09:12 Section: Daily Dispatches9:10a ET Saturday, January 18, 2025
Dear Friend of GATA and Gold:
Kinesis Money's "Live from the Vault" program with London metals trader Andrew Maguire is an excellent discussion with metals market experts Andy Schectman, Craig Hemke, and Robert Kientz about the prospects for the monetary metals in the new year.
Trump tariff risks fuel a chaotic hunt for gold in London
Submitted by admin on Fri, 2025-01-17 21:30 Section: Daily DispatchesBy Jack Ryan, Yvonne Yue Li, and Sybilla Gross
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, January 17, 2025
The risk that President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold market, with a closely watched barometer of bullion demand reaching historic highs in London.
Pages
