You are here
Daily Dispatches
Russia imposes temporary ban on export of precious metals waste and scrap
Submitted by admin on Sun, 2024-12-01 10:58 Section: Daily DispatchesFrom Interfax, London
Monday, November 25, 2024
MOSCOW -- The Russian government has introduced a temporary ban on the export of waste and scrap of precious metals from December 1, 2024, to May 31, 2025. This decision will enable increasing the load of Russian refinery operators, the Russian government said on its website Saturday.
... Dispatch continues below ...
... ADVERTISEMENT ...
Are you ready to safeguard your assets using precious metals?
Peter St. Onge: How we could end the Federal Reserve
Submitted by admin on Sat, 2024-11-30 19:35 Section: Daily DispatchesBy Peter St. Onge
Money Metals Exchange, Eagle, Idaho
Friday, November 29, 2024
How can we End the Federal Reserve?
Without a government-licensed counterfeiter, would we be eating cat food?
There's an entire industry dedicated to pumping out fear, uncertainty, and doubt of the post-apocalyptic dystopia that would descend upon the fair republic if we cancel the Fed's counterfeiting license.
So what would actually happen?
... Dispatch continues below ...
Trump threatens 100% tariffs against nations that replace U.S. dollar
Submitted by admin on Sat, 2024-11-30 14:19 Section: Daily DispatchesTrump Warns BRICS Nations Against Replacing U.S. Dollar
By Lucia Mutikani and Ismail Shakil
Reuters
Saturday, November 30, 2024
https://www.reuters.com/world/trump-warns-brics-nations-against-replacing-us-dollar-2024-11-30/
WASHINGTON -- U.S. President-elect Donald Trump today demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the United States dollar or face 100% tariffs.
China expands trading to acquire more Western gold and silver, Maguire tells LFTV
Submitted by admin on Fri, 2024-11-29 22:29 Section: Daily Dispatches10:27p ET Friday, November 29, 2024
Dear Friend of GATA and Gold:
The People's Bank of China has just authorized millions of smaller companies and traders to buy gold and silver on the Shanghai Gold Exchange, London metals trader Andrew Maguire says in this week's episode of Kinesis Money's "Live from the Vault" program. This expansion of trading, Maguire says, is designed to draw much more Western metal into China. He expects the gold price to reach $3,000 by the end of December and the new buying from China to set silver on its way to $100.
Eastern European central banks are now among biggest buyers of gold
Submitted by admin on Fri, 2024-11-29 10:08 Section: Daily DispatchesBy Peter Laca
Bloomberg News
Thursday, November 28, 2024
This year the Czech Republic's central bank chief flew to London to have a look at a swelling stack of gold bars stored in the Bank of England's concrete-encased vaults beneath Threadneedle Street.
Falling gold prices revive physical demand in key markets
Submitted by admin on Tue, 2024-11-26 23:22 Section: Daily DispatchesBy Polina Devitt and Rajendra Jadhav
Reuters
Tuesday, November 26, 2024
A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said.
Spot gold prices hit a record $2,790.15 per troy ounce on Oct. 31, but are down some 4% so far in November in response to a Republican Party clean sweep in the U.S. election.
... Dispatch continues below ...
... ADVERTISEMENT ...
Ronan Manly: Dubai's record-breaking 300-kg gold bar
Submitted by admin on Tue, 2024-11-26 20:06 Section: Daily DispatchesBy Ronan Manly
Tuesday, November 26, 2024
In a city famous for setting records such as the world's tallest building, the Burj Khalifa, a new record-breaking gold bar weighing an incredible 300 kilograms (9,600 troy ounces) has just been produced in Dubai, United Arab Emirates.
At current gold prices, this 300-kg bar is valued at more than US$ 25 million.
... Dispatch continues below ...
... ADVERTISEMENT ...
Former Richmond Fed official pleads guilty to insider trading
Submitted by admin on Tue, 2024-11-26 15:07 Section: Daily DispatchesBy Ken Silva
Headline USA, Charlotte, North Carolina
Monday, November 25, 2024
A former official for the Federal Reserve Bank of Richmond pled guilty last week to insider trading after he was caught misappropriating confidential information to execute trades.
The defendant, Robert Brian Thompson, 43, of Mosley, worked as a bank examiner and senior manager with supervisory duties for the Federal Reserve, giving him access to confidential information about financial institutions under the Fed's supervision, including confidential supervisory information.
Alasdair Macleod: U.S. dollar on a gold standard? Not if the gold is gone
Submitted by admin on Tue, 2024-11-26 14:52 Section: Daily Dispatches2:53p ET Tuesday, November 26, 2024
Dear Friend of GATA and Gold:
Market analyst Alasdair Macleod's commentary yesterday at his proprietary internet site at Substack, headlined "U.S. Dollar on a Gold Standard?," seemed so compelling to your secretary/treasurer that he asked permission to share it with you, which Macleod has kindly granted, so it is appended.
... Dispatch continues below ...
... ADVERTISEMENT ...
Jan Nieuwenhuijs: Chinese central bank just bought 60 tonnes of gold secretly
Submitted by admin on Tue, 2024-11-26 14:11 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Tuesday, November 26, 2024
The People's Bank of China is covertly buying very large amounts of gold, adding upward pressure to a tense gold market.
An explosive cocktail of Western institutional investors and central banks in the East buying gold this year is making the gold price rise sharply. Interest rate cuts and geopolitical strain will sustain this bull market.
... Dispatch continues below ...
... ADVERTISEMENT ...
Pages
