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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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.)

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