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Daily Dispatches
India's central bank edges away from U.S. Treasuries toward gold
Submitted by admin on Tue, 2025-09-02 06:58 Section: Daily DispatchesFrom the Times of India, Mumbai
Monday, September 1, 2025
U.S. Treasury bills seem to be losing favour, with the Reserve Bank of India stepping up gold holdings to increase India's foreign exchange reserves.
India's central bank has shown a preference for increasing gold reserves instead of U.S. Treasury bills to strengthen its foreign exchange holdings, according to recent data from the U.S. Department of Treasury and RBI. This is part of a broader global shift towards diversifying national reserves beyond dollar-based assets.
Gold trades near record highs on U.S. rate cut bets as silver reaches 14-year high
Submitted by admin on Mon, 2025-09-01 14:33 Section: Daily DispatchesBy Ishaan Arora and Brijesh Patel
Reuters
Monday, September 1, 2025
Gold hit a more than four-month high today to trade around $23 shy of all-time highs, buoyed by U.S. Federal Reserve rate cut bets and a softer dollar, while silver breached $40 per ounce for the first time since 2011.
Spot gold was up 0.9% at $3,477.56 per ounce by 9:37 a.m. ET, its highest since April 22 when it touched a record-high of $3,500.05. U.S. gold futures for December delivery gained 0.9% to $3,547.70.
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Mike Maharrey: For first time in nearly 30 years, foreign central banks hold more gold than U.S. treasuries
Submitted by admin on Fri, 2025-08-29 19:04 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Thursday, August 28, 2025
For the first time since 1996, foreign central banks hold more gold than U.S. Treasuries as the world continues to de-dollarize.
Crescat Capital macro strategist Tavi Costa highlighted the crossover moment in a post on X, saying it is "likely the beginning of the most significant global rebalancings we've experienced in recent history."
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Alasdair Macleod: Gold and silver are preparing for liftoff
Submitted by admin on Fri, 2025-08-29 13:06 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, August 29, 2025
Gold and silver are ready to break into new highs as investors increasingly lose faith in the dollar. Bear squeezes in gold and silver are now driving prices, which look set to move higher.
James Turk: The money of the American Constitution
Submitted by admin on Thu, 2025-08-28 18:26 Section: Daily DispatchesBy James Turk
Free Market Gold and Money Report
Thursday, August 28, 2025
The U.S. dollar is not what most people think it is. There are a constitutional dollar (C$) and a Federal Reserve dollar (F$). The former is money; the latter is a money substitute circulating in place of money. They are fundamentally distinct with different definitions.
Consider subscribing to GATA supporter Mike Ballanger's daily market letter
Submitted by admin on Thu, 2025-08-28 09:39 Section: Daily Dispatches9:38a ET Thursday, August 28, 2025
Dear Friend of GATA and Gold:
GATA long has been reading the daily market letter from our old friend Michael J. Ballanger in Canada, a letter that concentrates on the mining industry but often has a wider focus and, unlike most financial letters, acknowledges market manipulation. Your secretary/treasurer thinks it's a great letter and as you'll see below, Ballanger now is taking new subscribers again and is offering a substantial subscription fee discount to GATA supporters.
I think you'll enjoy it and find it profitable.
Ambrose Evans-Pritchard: Trump can bully the Fed but he can't bully the bond markets
Submitted by admin on Wed, 2025-08-27 15:07 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
via Yahoo News, Sunnyvale, California
The U.S. Federal Reserve must henceforth be considered the personal political agency of Donald Trump. America's monetary credibility has been utterly trashed.
The world's superpower central bank will set interest rates at his whim, much like the Turkish central bank under the Erdogan regime.
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Stefan Gleason: Gold and the myth of 'Fed independence'
Submitted by admin on Wed, 2025-08-27 10:36 Section: Daily DispatchesBy Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Wednesday, August 27, 2025
The establishment financial media is in a tizzy this week over President Trump's firing of Fed Governor Lisa Cook, a Biden appointee accused of mortgage fraud. They complain that this firing is an assault on the Fed's independence.
In reality, though, the notion of "Fed independence" is a myth.
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Why Trump's challenge to Fed's independence may make gold the 'safe haven of choice'
Submitted by admin on Wed, 2025-08-27 09:37 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch, New York
Tuesday, August 26, 2025
President Donald Trump made a move to fire a member of the Federal Reserve's Board of Governors, potentially undermining confidence in the U.S. dollar and Treasury bonds -- and boosting the appeal of gold and other assets perceived as safe havens.
"The Fed's independence is its calling card, and the move to fire a governor is a direct assault on the Fed's ability to manage monetary policy free of political motives," said James St. Aubin, chief investment officer of Ocean Park Asset Management.
Vietnam opens up gold market in 'pivotal shift' as government monopoly ends
Submitted by admin on Wed, 2025-08-27 08:54 Section: Daily DispatchesBy Nguyen Xuan Quynh
Bloomberg News
Wednesday, August 27, 2025
Vietnam is opening up its gold market, ending a state monopoly on imports and exports of raw bullion as well as producing bars, in a move that may boost supply and narrow a gap between local and global prices.
"This marks a pivotal shift," Pham Luu Hung, chief economist at SSI Securities Corp., said in a note. It's a move from a state-controlled model to a regulated, competitive market aimed at enhancing transparency and efficiency, Hung said.
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