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Daily Dispatches

Alasdair Macleod: U.S. dollar on a gold standard? Not if the gold is gone

Section: Daily Dispatches

2:53p ET Tuesday, November 26, 2024

Dear Friend of GATA and Gold:

Market analyst Alasdair Macleod's commentary yesterday at his proprietary internet site at Substack, headlined "U.S. Dollar on a Gold Standard?," seemed so compelling to your secretary/treasurer that he asked permission to share it with you, which Macleod has kindly granted, so it is appended.

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Jan Nieuwenhuijs: Chinese central bank just bought 60 tonnes of gold secretly

Section: Daily Dispatches

By Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Tuesday, November 26, 2024

The People's Bank of China is covertly buying very large amounts of gold, adding upward pressure to a tense gold market.

An explosive cocktail of Western institutional investors and central banks in the East buying gold this year is making the gold price rise sharply. Interest rate cuts and geopolitical strain will sustain this bull market.

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Thanks, Laura Stein and junior miners, for supporting GATA at the New Orleans conference

Section: Daily Dispatches

10:39p ET Monday, November 25, 2024

Dear Friend of GATA and Gold:

In its 26 years GATA never has received any help from Newmont Mining or Barrick Gold, but we have made many friends among junior companies pursuing the monetary metals and among the companies assisting them. 

Some of these companies sponsored the reception and dinner GATA held during last week's New Orleans Investment Conference with mining industry doyenne Laura Stein, who is known in the business from New Orleans to New Zealand and from Toronto to Tierra del Fuego.

Vince Lanci: Infinite shorting of gold is coming to an end

Section: Daily Dispatches

10:53a ET Monday, November 25, 2024

Dear Friend of GATA and Gold:

Market analyst Vince Lanci's new commentary -- "Fort Knox Holds 'Nothing But Moths and Half-Eaten IOUs'" -- sounds a lot like GATA in summarizing the longstanding Western government and central bank scheme to prevent gold from ever again functioning as money. But now many governments are preparing to restore it as money anyway, and the bankers who thought they could short gold "until the cows came home" are hearing a lot of mooing in their back yards.

Alasdair Macleod: Gold bears squaring their books

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, November 22, 2024

Gold and silver diverged this week, with gold rallying strongly following the previous week's fall. 

Silver's recovery was more hesitant. In Asian trading overnight, gold was $2670, up $108 from the previous Friday’s close, and silver $30.80, up 58 cents on the same timescale. 

Turnover in both futures contracts on Comex was good but not spectacular. ...

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China reports discovery of 'massive' gold deposit in Hunan

Section: Daily Dispatches

By He Huifengin
South China Morning Post, Hong Kong
Friday, November 22, 2024

China has discovered a "massive" new goldfield containing reserves worth tens of billions of dollars in the central province of Hunan as it steps up efforts to boost domestic reserves of strategic minerals.

Wyoming's only gold mine gets green light from state

Section: Daily Dispatches

By Renee Jean
Cowboy State Daily, Cheyenne, Wyoming
Wednesday, November 20, 2024

Wyoming's prospective new gold mine has just cleared state regulatory hurdles and is moving ahead with a feasibility study, one stop closer to actually pulling gold out of the ground.

Turns out there really is gold "in them thar hills" -- the hills past Curt Gowdy State Park.

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The best and worst U.S. states for sound money in 2025

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Wednesday, November 20, 2024

The newly released 2025 Sound Money Index has identified Wyoming, South Dakota, and Alaska as the states with the most favorable policies toward constitutional sound money, while Vermont, Maine, and California take the most hostile stances.

Released annually by the Sound Money Defense League and Money Metals Exchange, the Sound Money Index is a comprehensive scorecard evaluating how each U.S. state promotes or impedes sound money policies.

Gold and oil: How the Soviet empire's fall was engineered

Section: Daily Dispatches

By Ed Steer
Ed Steer's Gold and Silver Digest
Monday, November 18, 2024

The article below was written by Dana Allen -- and posted on the www.NewsRevolt.com Internet site back on 17 August 2001.

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