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Daily Dispatches

Jan Nieuwenhuijs: Chinese central bank is in a hurry to buy gold covertly

Section: Daily Dispatches

By Jan Nieuwenhuijs
Gainesville Coins, Lutz, Florida
Tuesday, November 7, 2023

The People's Bank of China is in a hurry to buy enormous amounts of gold, indicating that it's preparing for substantial changes in the dollar-centric international monetary system.

Based on information from industry sources and my personal calculations, total gold purchases by the Chinese central bank (reported and unreported) in the third quarter this year accounted for 179 tonnes.

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China extends run of gold buying that has helped support prices

Section: Daily Dispatches

Who thinks that China's official gold position is reported with any more candor than that of the United States?

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From Bloomberg News
Tuesday, November 7, 2023

China topped up its gold holdings for a 12th straight month in October, adding to a wave of purchases by global central banks that’s lent support to bullion prices.

Watch the New Orleans conference at home while helping GATA too

Section: Daily Dispatches

3:13p ET Tuesday, November 7, 2023

Dear Friend of GATA and Gold:

You missed a lot if you didn't attend the New Orleans Investment Conference last week -- a great city renovating itself, wonderful restaurants, refreshing weather, people who make hospitality a way of life, and, of course, financial commentary from some great minds. (Oh, well, GATA's too.)

Four charged in theft of still-missing satirical golden toilet at Churchill's birthplace

Section: Daily Dispatches

Have they searched the seventh floor at 62 Threadneedle St. in London? There's a lot of stuff there that belongs in a golden toilet.

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By Sulvia Hui
Associated Press
Monday, November 6, 2023

LONDON -- Four men were charged today over the theft of an 18-carat gold toilet from Blenheim Palace, the sprawling English country mansion where British wartime leader Winston Churchill was born.

Colombia accelerates plan to recover up to $20 billion in sunken treasure

Section: Daily Dispatches

By Jim Wysss
Bloomberg News
Friday, November 3, 2023

Colombia is accelerating its effort to recover as much as $20 billion in gold, silver and gems from a three-century-old shipwreck, even as U.S. treasure hunters sue for half the value.

President Gustavo Petro told officials to set up a public-private partnership, or do a deal with a private firm, to get the San Jose galleon off the Caribbean Sea floor as soon as possible, according to the minister of culture.

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Bill Murphy: 25 years of fighting the gold cartel

Section: Daily Dispatches

Remarks by Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton Riverside Hotel, New Orleans
Wednesday, November 1, 2023

Alasdair Macleod: The future for fiat

Section: Daily Dispatches

By Alasdair Macleod
Head of Research, GoldMoney, Toronto
via Schiff Gold, White Plains, New York
Thursday, November 2, 2023

Gold market manipulation update: The battle may be going gold's way

Section: Daily Dispatches

Illustrations for this presentation are posted here:

https://gata.org/sites/default/files/Powell_NOLA%20OctNov%202023%20v5%20%282%29.pdf

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ILLUSTRATION 1

Gold Market Manipulation Update

Remarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton Riverside Hotel, New Orleans
Wednesday, November 1, 2023

China launches stock indices to tap into rush for safe-haven gold

Section: Daily Dispatches

By Jason Xue, Samuel Shen, Summer Zhe
Reuters
Wednesday, November 1, 2023

SHANGHAI -- China's biggest index provider today launched two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in the local real estate market and volatile global markets.

The new indexe, launched by the China Securities Index Co, include shares of global gold miners such as Newmont and Barrick Gold.

Robert Lambourne: BIS gold swaps fell in September as bank's substantial trading continued

Section: Daily Dispatches

By Robert Lambourne
Wednesday, November 1, 2023

Active trading in gold swaps by the Bank for International Settlements, the central bank of the central banks, continued in September.

From information in the BIS statement of account for the month,  published this week —

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