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Daily Dispatches
Please help GATA stay in the fight until victory
Submitted by admin on Mon, 2025-03-10 19:49 Section: Daily Dispatches7:45p ET Monday, March 10, 2025
Dear Friend of GATA and Gold:
We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.
Idaho eliminates income taxes on gold and silver
Submitted by admin on Mon, 2025-03-10 19:34 Section: Daily DispatchesFrom Money Metals News Service
Eagle, Idaho
Friday, March 7, 2025
Idaho yesterday formally ended state income taxes on gold and silver as part of its largest tax cut in state history.
House Bill 40, sponsored by House Speaker Mike Moyle and begrudgingly signed by the state's liberal Republican governor, Brad Little, provides a sweeping $253 million income tax cut for Idaho taxpayers by lowering the rate from 5.695% to 5.3% while also adding two specific exemptions.
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Vince Lanci: The gold carry trade is being unwound at last
Submitted by admin on Mon, 2025-03-10 10:59 Section: Daily Dispatches11a ET Monday, March 10, 2025
Dear Friend of GATA and Gold:
In a 21-minute video posted at Gold-Eagle, market analyst Vince Lanci argues that the big recent shipments of gold from London to the United States constitute the unwinding of the gold carry trade begun by the U.S. during the Clinton administration for gold price suppression purposes.
That is, the gold is being put back where it was only pretended to be for decades when it was really being leased, rehypothecated, and sold to protect the ever-inflated U.S. dollar against competition.
If normality returned, how many zeroes would have to be put behind the gold price?
Submitted by admin on Mon, 2025-03-10 10:36 Section: Daily Dispatches10:40a ET Monday, March 10, 2025
Dear Friend of GATA and Gold:
What might the price of gold have to be return the United States to a more traditional and sustainable level of debt relative to gross domestic product?
GATA consultant Robert Lambourne attempted such a calculation the other day and it shows how out of whack the gold price has become after decades of Western central bank gold price suppression policy.
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Jim Rickards: If you ask about gold leasing you're 'tampering with the primal forces'
Submitted by admin on Sat, 2025-03-08 22:34 Section: Daily Dispatches10:42p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Market analyst and author James G. Rickards this week schooled ITM Trading's Daniela Cambone about the gold depository at Fort Knox.
A visit to Fort Knox by President Trump and his adviser Elon Musk would be, Rickards says, "the mother of all photo ops," but the gold is still there, even if all of it isn't of the highest purity.
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Weekend edition of Ed Steer's Gold and Silver Digest is posted at SilverSeek
Submitted by admin on Sat, 2025-03-08 18:39 Section: Daily Dispatches6:45p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
GATA board member Ed Steer's weekend letter from Ed Steer's Gold and Silver Digest is headlined "Heavy Comex Silver Deposits Continue Unabated" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/heavy-comex-silver-deposits-continue-unabated-2025
On LFTV, Maguire says shortcovering in gold is getting hard to hide
Submitted by admin on Sat, 2025-03-08 17:56 Section: Daily Dispatches5:55p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Signs of shortcovering in the gold market are getting harder to hide, London metals trader Andrew Maguire tells this week's episode of Kinesis Money's "Live from the Vault" program. The bullion banks that used to sell gold unrelentingly are buying for their own accounts, he adds. He believes silver will follow gold's breakout soon.
The program is 53 minutes long and can be viewed at YouTube here:
BIS gold swaps remained extremely low in February
Submitted by admin on Sat, 2025-03-08 11:52 Section: Daily Dispatches12:02p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Gold swaps undertaken by the Bank for International Settlements remained extremely low in February, according to GATA consultant Robert Lambourne, who deciphers the bank's monthly statements of account to make plain what the bank refuses to do except in its annual report.
Lambourne writes that the bank's February statement, published this week --
Jesse Colombo: Why it's finally silver's time to shine
Submitted by admin on Fri, 2025-03-07 20:18 Section: Daily Dispatches8:15p ET Friday, March 7, 2025
Dear Friend of GATA and Gold (and Silver):
In a video report at YouTube and commentary at Money Metals, market analyst Jesse Colombo shows evidence of long-running suppression of silver prices and argues that the monetary metal is nearing an upside breakout.
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Alasdair Macleod: What do rising bond yields mean for gold and silver?
Submitted by admin on Fri, 2025-03-07 14:24 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, March 7, 2025
EU defence spending plans are driving German, French, and Italian bond yields higher. Japan’s are soaring too. The dollar is sinking.
What does it all mean for gold and silver?
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