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Daily Dispatches
Central banks and bullion banks buy the dip, encouraged by GATA's Lambourne, Maguire says
Submitted by admin on Sat, 2024-11-16 00:19 Section: Daily Dispatches11:24p Friday, November 15, 2025
In this week's edition of Kinesis Money's "Live from the Vault" program at YouTube, London metals trader Andrew Maguire says central banks are using the recent "Trump trade" increase in the U.S. dollar index and the corresponding fall in the gold price to obtain real metal at a discount, buying gold futures contracts on the New York Commodities Exchange and turning them into demands for delivery of metal in London, which will force the shorts to cover as already has happened repeatedly this year.
James Turk: How to make America great again
Submitted by admin on Fri, 2024-11-15 23:00 Section: Daily DispatchesBy James Turk
Free Market Gold and Money Report
Thursday, November 14, 2024
If I were advising President Trump, here are the recommendations -- with the supporting analysis -- I would offer to him to make America great again. To achieve this laudable goal, which would secure for him a pre-eminent place in history, a return to the fundamental principles that made America great is needed.
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Brien Lundin: Noose tightens on the Fed, and it's not too late for NOLA
Submitted by admin on Wed, 2024-11-13 12:58 Section: Daily Dispatches1p ET Wednesday, November 13, 2024
Dear Friend of GATA and Gold:
In his commentary today, Gold Newsletter editor and New Orleans Investment Conference proprietor Brien Lundin writes that the soaring debt of the U.S. government is undermining the Federal Reserve's program of reducing interest rates even as higher debt service costs will wreck the government's finances and those of business too.
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GoldSeek Radio's Waltzek interviews GATA Chairman Murphy
Submitted by admin on Mon, 2024-11-11 19:47 Section: Daily Dispatches7:45p ET Monday, November 11, 2024
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed today by GoldSeek Radio's Chris Waltzek, discusses the sudden pounding gold and silver have been taking following the U.S. presidential election but expresses confidence that the metals are still breaking free of the market manipulation that has been suppressing their prices for decades. It's just a matter of time, Murphy and Waltzek agree, but how much time some of us have is another matter.
Inside the huge new Money Metals Exchange vault in Idaho
Submitted by admin on Mon, 2024-11-11 19:27 Section: Daily Dispatches7:28p ET Monday, November 11, 2024
Dear Friend of GATA and Gold:
GATA supporter Money Metals Exchange has posted at YouTube a video about its massive new monetary metals depository in Eagle, Idaho, said to be the largest such vault in the United States west of New York, a vault even larger than the U.S. gold repository at Fort Knox, Kentucky.
Customers may be confident that their metal vaulted with Money Metals Exchange is infinitely less likely to be rehypothecated than any metal vaulted at Fort Knox, if indeed there's still any metal there at all.
Brien Lundin: Gold vs. bitcoin
Submitted by admin on Mon, 2024-11-11 18:45 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, November 11, 2024
In investing, perception is reality, especially over the short term.
And right now a lot of traders believe that the incoming Trump administration is going to be very pro-Bitcoin ... and for some reason that’s also supposed to be anti-gold.
Bitcoin is continuing its post-election rally, reaching nearly $85,000 after surging over 7% today.
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Mali junta detains 3 executives from gold miner Resolute
Submitted by admin on Sat, 2024-11-09 23:33 Section: Daily DispatchesFrom Agence-France Presse
via The Africa Report, Paris
Saturday, November 9, 2024
Terry Holohan, chief executive of the Australian mining company Resolute Mining Ltd., has been detained by Mali's ruling junta, sources familiar with the matter told Bloomberg.
Holohan and several other company executives were taken in for questioning on Friday, 8 November, in Bamako, according to various sources, who requested anonymity as they were not authorised to speak publicly.
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Robert Lambourne: BIS gold swaps fell 17% in October amid hints of price reset
Submitted by admin on Sat, 2024-11-09 22:43 Section: Daily DispatchesBy Robert Lambourne
Saturday, November 9, 2024
China searches for safe havens amid U.S. debt woes, dollar weaponization
Submitted by admin on Sat, 2024-11-09 18:47 Section: Daily DispatchesAmanda Lee and Sylvia Ma
South China Morning Post, Hong Kong
Sunday, November 10, 2024
Ever since the U.S. dollar cemented its role as the backbone of the global financial system following the Second World War, it has been a weapon of choice for American presidents waging economic warfare.
But as the United States' use of sanctions has proliferated in recent years, concerns have grown in China and elsewhere over whether the U.S. dollar can remain a safe-haven currency.
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Bolivia ditches new gold-reporting rule within days to curb 'speculation'
Submitted by admin on Sat, 2024-11-09 18:30 Section: Daily DispatchesThe truth about the country's gold reserve might hurt economic stability
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By Sergio Mendoza
Bloomberg News
Friday, November 8, 2024
Bolivia's central bank ditched new rules on reporting its gold reserves it had published just two days earlier.
The bank said in a statement today that it wouldn't implement the resolution to avoid "speculation that seeks to damage the economic stability of the country."
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