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Daily Dispatches
Argentina ordered to reveal location of central bank gold
Submitted by admin on Fri, 2025-01-17 19:13 Section: Daily DispatchesBy Facundo Iglesia
Buenos Aires Herald
Wednesday, January 15, 2025
New York Federal Judge Loretta Preska has ordered Argentina to hand over information on the central bank's gold reserves per a request filed by hedge fund Burford Capital in October.
The discovery order is the latest in the saga of a US$16.1 billion lawsuit it won against the country in 2023 for the expropriation of energy company YPF.
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Jan Nieuwenhuijs: Why gold will continue to shine in 2025 and beyond
Submitted by admin on Fri, 2025-01-17 14:11 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Friday, January 17, 2025
Gold's strong performance over the last two years must be seen as an acceleration in the deleveraging of the global financial system. After many decades of inordinate credit creation -- leading to excessive debt levels, asset bubbles, and too much monetary interdependence between nations -- the financial system has started to heal itself through a rising price of gold.
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Unusual situation in gold and silver markets may spark big price moves
Submitted by admin on Thu, 2025-01-16 19:08 Section: Daily DispatchesFrom Money Metals Exchange, Eagle, Idaho
Tuesday, January 14,2025
The monetary metals pulled back sharply yesterday but have entered Tuesday on stable footing. Silver is trading at $29.90 and gold is $2,674.
The ongoing volatility is a reflection of uncertainty in the gold and silver markets globally, including fears of import tariffs from the incoming Trump administration.
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New York Sun: The coming raid on Fort Knox
Submitted by admin on Tue, 2025-01-14 20:12 Section: Daily DispatchesFrom the New York Sun
Tuesday, January 14, 2025
Please help GATA financially and get a 1-ounce silver round commemorating our work
Submitted by admin on Tue, 2025-01-14 11:07 Section: Daily Dispatches11:08a ET Tuesday, January 14, 2025
Dear Friend of GATA and Gold:
Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today.
Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them.
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Barrick suspends Mali gold operations as standoff escalates
Submitted by admin on Tue, 2025-01-14 10:27 Section: Daily DispatchesBy William Clowes and Katarina Hoije
Bloomberg News
Tuesday, January 14, 2025
Barrick Gold Corp. said it is suspending mining operations in Mali after the government started removing gold from the nation's biggest mine in the latest escalation of a months-long dispute.
Clint Siegner: Sound money would check government more than DOGE could
Submitted by admin on Mon, 2025-01-13 19:27 Section: Daily DispatchesBy Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, January 13, 2025
Many Americans are rooting for Donald Trump and his appointees to succeed in their herculean task of slowing or reversing government growth.
Along with the ad hoc working group dubbed the "Department of Government Efficiency (DOGE)," there is much discussion about how runaway big government might be stopped. But there hasn't yet been talk about how to keep it that way.
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Mali starts seizing gold stocks at Barrick site, company memo says
Submitted by admin on Mon, 2025-01-13 09:20 Section: Daily DispatchesBy Fadimata Kontao and Portia Crowe
Reuters
Monday, January 13, 2025
Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex.
The move suggests that Mali's military-led authorities are not ready to back down in a standoff over a contract based on new mining rules as they push for a greater share of revenues from Western miners.
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Eastern demand continues to defeat Fed's effort to cap gold, silver on Comex, Maguire says
Submitted by admin on Sat, 2025-01-11 21:29 Section: Daily Dispatches9:30p ET Saturday, January 12, 2025
Dear Friend of GATA and Gold:
Eastern physical demand for gold and silver is continuing to overwhelm the Federal Reserve's effort to cap their prices with derivatives on the New York Commodities Exchange, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program. Maguire adds that the United States soon will need a higher price for gold and thus a higher valuation of its gold reserves to back the dollar.
The program is 59 minutes long and can be seen at YouTube here:
Labor's L22 billion 'black hole' could have been wiped out with gold Gordon Brown sold on the cheap
Submitted by admin on Sat, 2025-01-11 20:30 Section: Daily DispatchesBy Oliver Trapnell
GB News, London
Friday, January 10, 2025
Labor's mass sale of gold at the turn of the millennium could have covered the entirety of the L22 billion "black hole" in public finances had it been sold today instead, GB News can reveal.
From 1999 to 2002, the Labor Government, with Gordon Brown as chancellor of the Exchequer, sold off just shy of 400 tonnes of Britain's gold in a bid to diversify the UK's assets.
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