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Daily Dispatches

World Gold Council has plan to dematerialize gold market even more

Section: Daily Dispatches

A Digital Drive to Reform the $11 Trillion Global Gold Market

By Eddie Spence and Ranjeetha Pakiam
Bloomberg News
Sunday, October 16, 2022

Trading on one of the world's oldest markets depends on a network of high-security vaults located underneath Greater London. There, some 50,000 gold bars, each worth more than $650,000, change hands every day among the four big banks in charge of processing transactions.

How sound money won the Battle of Yorktown and saved the American Revolution

Section: Daily Dispatches

By Lawrence W. Reed
Foundation for Economic Education, Atlanta, Georgia
Saturday, October 15, 2022

Early this month, U.S. Rep. Alex Mooney of West Virginia introduced the Gold Standard Restoration Act (H.R. 9157). If enacted into law, it would require public disclosure of the federal government's gold holdings and eventually define the dollar as a weight of gold.

Ted Butler: Stand up against market manipulation and make a difference

Section: Daily Dispatches

By Ted Butler
SilverSeek.com
Friday, October 14, 2022

If you are tired of witnessing silver (and gold) continuing to be manipulated in price, here's a no-cost, no-risk, high-potential return action you can take that will only involve a few minutes of your time. Quite literally, there's absolutely nothing to lose and quite a lot of potential good to be had.

Jan Nieuwenhuijs: Europe has been preparing a gold standard since the 1970s

Section: Daily Dispatches

By Jan Nieuwenhuijs
Gainesville Coins, Lutz, Florida
Friday, October 14, 2022

There is more evidence of how European central banks are equalizing their monetary gold reserves proportionally to Gross Domestic Product. 

Secret agreements make countries sell or buy gold to balance gold reserves within Europe, and relative to large economies abroad. 

Wary of U.S. dollar hegemony, Chinese state researchers float idea of a pan-Asian digital currency

Section: Daily Dispatches

By Frank Tang
South China Morning Post, Hong Kong
Thursday, October 13, 2022

The conditions are right for the establishment of a pan-Asian digital currency that could enhance regional monetary cooperation and loosen reliance on the U.S. dollar, Chinese state researchers say.

The idea of an Asia-wide digital token comes as Beijing tries to consolidate its economic influence in the region and its position as a global leader in digital currency development.

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UK's Royal Mint lifted by market turmoil as demand for gold surges

Section: Daily Dispatches

By Daniel Thomas
Financial Times, London
Thursday, October 13, 2022

Market turmoil during the past year has boosted the performance of the Royal Mint as demand for gold coins and precious metals surged, pushing the profits of the UK's oldest surviving manufacturer to a record high.

The wholly state-owned company has supplied the country's coins since the reign of King Alfred the Great more than 1,100 years ago. But in its modern form it has expanded into sales of precious metals, historic coins, jewellery, and luxury collectibles.

Alasdair Macleod: Banking crisis prompts the great unwind

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, October 13, 2022

There is a growing feeling in markets that a financial crisis of some sort is now on the cards. Credit Suisse's very public struggle to refinance itself is proving to be a wake-up call for markets, alerting investors to the parlous state of global banking.

Chris Powell: Gold market manipulation update (October 2022)

Section: Daily Dispatches

Illustrations for this presentation can be found here: NOIC-Slides-10-12-2022.pdf 

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ILLUSTRATION 1

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday, October 12, 2022

'Rigged' author Stuart Englert interviewed about gold and silver price suppression

Section: Daily Dispatches

1:08p CT Wednesday, October 12, 2022

Dear Friend of GATA and Gold (and Silver):

Stuart Englert, author of "Rigged: Exposing the Largest Financial Fraud in History," was interviewed this week by Elijah Johnson for Finance and Liberty, discussing central banking's use of derivatives to suppress gold and silver prices. Englert also addresses the possible end of price suppression.

The interview is 25 minutes long and can be viewed at YouTube here:

Dave Kranzler: The market indicators that suggest a rally for monetary metals

Section: Daily Dispatches

10:46a CT Wednesday, October 12, 2022

Dear Friend of GATA and Gold (and Silver):

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