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Daily Dispatches

Climax of de-dollarization is near, Maguire and Schectman say

Section: Daily Dispatches

7:57p ET Friday, April 26, 2024

Dear Friend of GATA and Gold:

This week's edition of Kinesis Money's "Live from the Vault" program has London metals trader Andrew Maguire and U.S. monetary metals dealer Andy Schectman discussing Asia's revolt from the United States' system of manipulating commodity prices via the futures markets. They think the climax of that revolt, the world's "de-dollarization," is far closer than the conventional wisdom maintains.

Trump advisers discuss penalties for nations that move away from dollar

Section: Daily Dispatches

By Saleha Mohsin, Jennifer Jacobs, and Nancy Cook
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 25, 2024

Former President Donald Trump's economic advisers are considering ways to stop nations from shifting away from using the dollar -- an effort to counter budding moves among key emerging markets to reduce exposure to the U.S. currency, according to people familiar with the matter.

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China's March net gold imports via Hong Kong rise 40% from February

Section: Daily Dispatches

By Ashitha Shivaprasad
Reuters
via Mining.com, Toronto
Thursday, April 25, 2024

China's net gold imports via Hong Kong jumped 40% in March from the previous month, Hong Kong Census and Statistics Department data showed today.

Net imports into the world's top gold consumer stood at 55.836 metric tons in March, compared with 39.826 tons in February, the data showed.

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Section: Daily Dispatches

7:32p ET Thursday, April 25, 2024

Dear Friend of GATA and Gold (and Silver and other metals):

Mining company shares are taking off as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at Thomcalandra.com) is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold and silver explorers in the Yukon, Quebec, Nevada, Mexico, Ghana, and elsewhere. 

Nebraska ends income taxes on gold and silver, declares CBDCs not lawful money

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Thursday, April 25, 2024

With Gov. Jim Pillen's signature last night, Nebraska has become the 12th state to end capital gains taxes on sales of gold and silver.

LB 1317 is the fourth major sound-money bill to become law this year, as state lawmakers across the nation scramble to protect the public from the ravages of inflation and runaway federal debt.

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Section: Daily Dispatches

10:45p ET Tuesday, April 23, 2024

Dear Friend of GATA and Gold (and Silver and other metals):

Mining company shares are showing signs of life as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at Thomcalandra.com) is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold and silver explorers in the Yukon, Quebec, Nevada, Mexico, Ghana, and elsewhere. 

Silver Bullion TV reviews the success of the Sound Money Defense League

Section: Daily Dispatches

10:42p ET Tuesday, April 23, 2024

Dear Friend of GATA and Gold:

Interviewed this week by Patrick Vierra of Silver Bullion TV in Singapore, Money Metals Exchange CEO Stefan Gleason explains the work of the Sound Money Defense League in the United States. The league lately has assisted passage of legislation in 45 of the 50 states to exempt monetary metals coin and bullion from sales taxes. 

The league also has been encouraging states to hold some of their cash reserves in monetary metal to hedge their exposure to the U.S. dollar.

CPM Group's Jeff Christian battles straw men to distract from the big issues of gold

Section: Daily Dispatches

10:22p ET Tuesday, April 23, 2024

Dear Friend of GATA and Gold:

Jeffrey Christian, managing director of metals consultancy CPM Group, today spent 16 minutes on YouTube raising and knocking down some straw men to give his viewers the misleading impression that there is nothing to be doubted about the U.S. government's involvement with the gold market.

Brien Lundin: Noise amid the signal

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, April 22, 2024

Anyone waiting on the sidelines for gold to go on sale is getting just what they asked for today.

Gold began diving right as trading opened overseas last evening, and the plunge gained steam in New York trading today.

As I write, gold is down nearly $60 (2.5%) and has yet to show any significant resistance to the selling pressure. 

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Pam and Russ Martens: Billionaire-owned media strive to save fellow billionaire Jamie Dimon

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Monday, April 22, 2024

The Washington Post editorial board appears to have sipped the same kool aid as Bloomberg News.

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