You are here
Daily Dispatches
Jan Nieuwenhuijs: Is gold at a turning point?
Submitted by admin on Wed, 2022-11-09 22:01 Section: Daily DispatchesBy Jan Nieuwenhuijs
Gainesville Coins, Lutz, Florida
Wednesday, November 9, 2022
Gold is in a transition phase. In the past nine months two key developments -- war and inflation -- have made gold trade much stronger than how it was priced from 2006 through 2021.
Both developments are likely to stick around in the coming years and will prove a tailwind for gold. Moreover, the current monetary environment is adding support to the gold market as governments and central banks risk insolvency.
Yamana ditches Gold Fields, agrees to offer from Agnico and Pan American
Submitted by admin on Tue, 2022-11-08 18:20 Section: Daily DispatchesFrom Reuters
Tuesday, November 8, 2022
Yamana Gold Inc. said today it had agreed to be acquired by Agnico Eagle Mines Ltd. and Pan American Silver Corp., ending a deal with South Africa's Gold Fields.
The Agnico-Pan American cash-and-stock offer, made last week, values the Canadian miner at about $4.8 billion.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy, Sell, or Store Precious Metals with Money Metals Exchange
GATA Chairman Murphy joins many GATA favorites at Silver Fest III Nov. 12
Submitted by admin on Mon, 2022-11-07 20:19 Section: Daily Dispatches8:10p ET Monday, November 7, 2022
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and many monetary metals expert friends of GATA will speak this Saturday, November 12, at the Silver Fest III internet conference sponsored by Chris Marcus of Arcadia Economics.
Attendance will be free with simple registration.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy metals at GoldMoney and enjoy international storage
Ed Steer's Gold and Silver Digest weekend edition posted at SilverSeek
Submitted by admin on Mon, 2022-11-07 19:22 Section: Daily Dispatches7:18p ET Monday, November 6, 2022
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "Gold and Silver Explode Higher in New York," is posted in the clear tonight at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/gold-silver-explode-higher-new-york
Ambrose Evans-Pritchard: Gold may get its revenge on fiat paper
Submitted by admin on Mon, 2022-11-07 09:37 Section: Daily DispatchesWe may thank Jan Nieuwenhuijs -- https://gata.org/node/22267 -- for helping gold revaluation break into the mainstream financial news commentary below.
* * *
The West's Beancounters Are Guilty of a Great White Lie
By Ambrose Evans-Pritchard
The Telegraph, London
Monday, November 7, 2022
Gold Fields will not make counter-bid for Yamana Gold
Submitted by admin on Mon, 2022-11-07 09:20 Section: Daily DispatchesBy Helen Reid
Reuters
Monday, November 7, 2022
JOHANNESBURG -- The board of South Africa's Gold Fields will not change its offer for Yamana Gold after a surprise rival bid from Agnico Eagle and Pan American, it said on today.
Gold Fields' decision reflects "commitment to capital discipline" and to fairness for shareholders in Gold Fields and Yamana, the South Africa-listed miner said today.
... Dispatch continues below ...
... ADVERTISEMENT ...
Craig Hemke at Sprott Money: Watch the Comex silver vaults
Submitted by admin on Sun, 2022-11-06 19:06 Section: Daily Dispatches7:06p ET Sunday, November 6, 2022
Dear Friend of GATA and Gold:
Declining silver vault inventories, the TF Metals Report's Craig Hemke writes this week at Sprott Money, could actually mean something for the price of the metal this time.
Ronan Manly: This week's central bank gold data from World Gold Council was just made up
Submitted by admin on Fri, 2022-11-04 21:37 Section: Daily Dispatches9:39p ET Friday, November 4, 2022
Dear Friend of GATA and Gold:
Bullion Star gold market analyst Ronan Manly reveals tonight that most of the record gold buying by central banks that was reported this week by the World Gold Council cannot be documented or even reliably attributed. Rather, Manly finds, almost 78% of the central bank gold buying claimed by the gold council is just the estimate of a mysterious council consultant, unsupported by any official data.
... Dispatch continues below ...
Gold Fields target Yamana catches eyes of Agnico Eagle and Pan American
Submitted by admin on Fri, 2022-11-04 18:31 Section: Daily DispatchesBy Helen Reid and Mrinalika Roy
Reuters
Friday, November 4, 2022
Agnico Eagle Mines Ltd.and Pan American Silver Corp swooped in Friday with a joint bid for Yamana Gold in an attempt to scupper Gold Fields' planned acquisition of the Canada-listed gold miner.
The cash and stock offer, valuing Yamana at around $4.8 billion, would see Agnico and Pan American split Yamana's mines between them. Yamana shareholders would receive $1.0406 in cash, 0.0376 of an Agnico Share, and 0.1598 of a Pan American Share for each share held.
Mystery whales baffle gold market after central bank purchases
Submitted by admin on Thu, 2022-11-03 11:43 Section: Daily DispatchesBy Eddie Spence
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, November 3, 2022
A normally dry research report jolted the gold market this week, when it pointed to massive but so far unidentified sovereign buyers.
Central banks bought 399 tons of bullion in the third quarter, almost double the previous record, according to the World Gold Council. Just under a quarter went to publicly identified institutions, stoking speculation about mystery buyers.
... Dispatch continues below ...
Pages
