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Daily Dispatches
Trump says strong dollar sounds good but 'you make a lot more' with a weaker one
Submitted by admin on Sat, 2025-07-26 09:32 Section: Daily DispatchesBy Maiya Keidan
Reuters
via Yahoo News, Sunnyvale, California
Friday, July 25, 2025
WASHINGTON -- President Donald Trump said today he liked a strong dollar but "you make a hell of a lot more money" with a weaker one.
"So when we have a strong dollar, one thing happens: It sounds good. But you don't do any tourism. You can't sell tractors, you can't sell trucks, you can't sell anything," Trump said at the White House before leaving on a trip to Scotland.
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China and BRICS are taking control of gold and silver away from London and New York, Maguire tells LFTV
Submitted by admin on Fri, 2025-07-25 19:34 Section: Daily Dispatches7:33p ET Friday, July 25, 2025
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire goes solo this week on Kinesis Money's "Live from the Vault," explaining how China and the BRICS nations are taking control of gold and silver prices with a new international financial settlement system that is tariff- and sanction-proof. The BRICS preparations, Maguire says, are already draining real metal from the London and New York "paper" markets, while central bank gold purchases are continuing to raise gold prices in an orderly "stairstep" pattern.
BIS gold swaps rose slightly in June, showing central banks still intervene surreptitiously
Submitted by admin on Fri, 2025-07-25 11:21 Section: Daily Dispatches11:23a ET Friday, July 25, 2025
Dear Friend of GATA and Gold:
GATA consultant Robert Lambourne reports today that the gold swaps undertaken by the Bank for International Settlements changed little in June, rising by 2 tonnes over the swaps on the bank's books in May, going from 32 up to 34 tonnes.
The increase isn't ever made explicit by the BIS but it can be calculated from the bank's monthly statements of account, and the June statement was published yesterday:
Play silver's breakout by donating to GATA
Submitted by admin on Fri, 2025-07-25 11:14 Section: Daily Dispatches11:13a ET Friday, July 25, 2025
Dear Friend of GATA and Gold:
Like gold, silver now seems to be breaking out of its longstanding derivatives clutches engineered by the U.S. government and its investment bank agents. But this largely surreptitious manipulation of the monetary metals markets hasn't been overthrown yet.
Australian miner Northern Star drops gold hedging to cash in on rising price
Submitted by admin on Fri, 2025-07-25 09:01 Section: Daily DispatchesBy Mark Wembridge
Australian Financial Review
Thursday, July 24, 2025
Northern Star Resources has axed its forward hedging policy to take advantage of the soaring gold price, as it grapples with problems at its Super Pit mine in Kalgoorlie that have curbed production and increased costs.
Jesse Colombo: How the gold-silver ratio predicted silver's surge
Submitted by admin on Thu, 2025-07-24 17:26 Section: Daily DispatchesBy Jesse Colombo
TheBubbleBubble.Substack.com
Thursday, July 24, 2025
I wanted to share an update highlighting a fascinating development -- and the successful confirmation of a theory I proposed during the bleak days of early April:
https://thebubblebubble.substack.com/p/gold-and-silver-market-update-everything
That was when silver, along with most financial markets, plunged following President Trump's surprising "Liberation Day" tariff announcement.
Serbia will hold all its gold at home, shunning global hubs
Submitted by admin on Thu, 2025-07-24 09:31 Section: Daily DispatchesBy Misha Savic and Jack Ryan
Bloomberg News
Thursday, July 24, 2025
Serbia's central bank plans to bring all of its roughly $6 billion worth of gold reserves onto its own soil to ensure the security of the hoard in periods of crisis.
That will make Serbia the first eastern European country not to hold any of its bullion in traditional hubs like Switzerland, the United Kingdom, and the United States.
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China's Zijin leads race to buy Barrick's Ivory Coast Tongon gold mine, sources tell Reuters
Submitted by admin on Thu, 2025-07-24 08:12 Section: Daily DispatchesBy Maxwell Akalaare Adombila
Reuters
Wednesday, July 23, 2025
DAKAR, Senegal -- China's Zijin Mining is the front-runner to acquire Barrick Mining's Tongon gold mine in northern Ivory Coast for up to $500 million, two sources close to the matter told Reuters.
Barrick, the world's third largest gold producer, is pivoting toward high-margin, long-life assets, with a growing focus on copper and strategic operations in Africa and the Middle East.
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Jp Cortez: 400 Ph.D economists vs. one shiny rock
Submitted by admin on Wed, 2025-07-23 12:48 Section: Daily DispatchesBy Jp Cortez
Money Metals Exchange, Eagle, Idaho
Tuesday, July 22, 2025
On Monday, Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC's "Squawk Box," "I think what we need to do is examine the entire Federal Reserve institution and whether they have been successful."
It's a completely legitimate statement, but Bessent is a bizarre messenger for it.
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Gold outperformed every major asset class in first half of this year
Submitted by admin on Tue, 2025-07-22 10:04 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, July 21, 2025
Gold was up nearly 26% through the first six months of 2025, ranking as the top-performing asset class.
This booming performance continued the momentum built in 2024 when gold surged by 26.5%.
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Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver
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