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Daily Dispatches

Physical demand is overwhelming silver derivatives, Maguire tells LFTV

Section: Daily Dispatches

11:57a ET Saturday, October 19, 2024

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, appearing on Kinesis Money's "Live from the Vault" program with Shane Morand, says physical demand now is overwhelming derivatives trading in silver, just as it has done in gold, and he expects a similarly explosive rise in silver's price soon.

The program is 49 minutes long and can be viewed at YouTube here:

https://www.youtube.com/watch?v=gb4qn6CZI8Q

Gold and silver bull builds excitement for 50th anniversary New Orleans conference

Section: Daily Dispatches

Join GATA there but act soon.

* * *

By Brien Lundin
Gold Newsletter and New Orleans Investment Conference
Metairie, Louisiana
Thursday, October 3, 2024

We're in the final stages of preparing our agenda for this year's blockbuster 50th anniversary New Orleans Investment Conference, and I'm excited about the surprises we'll have in store for you.

'With silver you can turn your dreams to gold'

Section: Daily Dispatches

7:16p ET Friday, October 18, 2024

Dear Friend of GATA and Gold (and Silver):

Congratulations to journalist Mike Maharrey of Money Metals Exchange for his commentary this morning, "What's Wrong with Silver? Nothing!" --

https://www.gata.org/node/23429

-- which may have been the most brilliantly timed commentary in monetary metals history, what with silver closing today up more than $2 to $33.68.

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Mike Maharrey: What's wrong with silver? Nothing at all!

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Friday, October 18, 2024

What's wrong with silver? 

I hear this question a lot. 

After all, while gold continues to hit new record highs, seemingly on a weekly basis, silver is still well below its all-time high. Meanwhile, the gold-silver ratio remains mired above 80-1, signaling that silver is historically underpriced compared to gold this year.

So what's wrong with silver?

... Dispatch continues below ...

Ronan Manly: A silent gold revolution is behind the price breakout

Section: Daily Dispatches

9:23p ET Wednesday, October 16, 2024

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly returns tonight with a broad overview of recent developments in gold, noting that the monetary metal's rise this year has been extraordinary and arguing that central banks really don't want their buying to rock the market and so coordinate much of their trading confidentially through the Bank of England and the Bank for International Settlements.

... Dispatch continues below ...


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At BRICS summit, Russia will push to end dollar dominance

Section: Daily Dispatches

By Gleb Bryanski
Reuters
Wednesday, October 16, 2024

MOSCOW -- Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to Western sanctions when it hosts the group's leaders at a summit next week.

President Vladimir Putin is keen to build up BRICS -- which has expanded to include Egypt, Ethiopia, Iran, and the United Arab Emirates as well as Brazil, Russia, India, China, and South Africa -- as a powerful counterweight to the West in global politics and trade.

Mike Maharrey: Is the inflation monster still hiding under the bed?

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, October 15, 2024

The so-called grownups tell us everything is fine. The inflation monster is gone now.

Or is it?

Sure, most people don't believe it's there, but I think the inflation monster is hiding under the bed. The adults in the room say it's not there. But, kiddos, there are signs -- if you look close enough.

... Dispatch continues below ...


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Central bankers make rare comments in favor of bigger gold stash

Section: Daily Dispatches

By Yvonne Yue Li
Bloomberg News
Monday, October 14, 2024

Gold purchases from central banks have been a key driver in bullion’s record-smashing rally this year. But officials rarely signal ahead of time when buying is top of mind. 

Eric Sprott reflects on career in monetary metals mining, remains confident

Section: Daily Dispatches

11:18a ET Tuesday, October 15, 2024

Dear Friend of GATA and Gold:

Interviewed about his long career by Jimmy Connor of Bloor Street Capital in Toronto, mining entrepreneur Eric Sprott jokes that he is such a brilliant investor because he has had so many failures to learn from.

But, Sprott adds, he has been successful because he has spotted enough strong opportunities in the mining sector -- opportunities somehow not recognized by many others -- and had the patience to stick with them while constantly re-evaluating them.

Jim Rickards: This is what will destroy the dollar

Section: Daily Dispatches

By James G. Rickards
Daily Reckoning, Baltimore
Monday, October 14, 2024

Janet Yellen gave a speech on Sept. 26 at the 2024 U.S. Treasury Market Conference in New York. The speech was largely about risks in the banking system and the market for U.S. Treasury debt.

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