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Daily Dispatches

Money Metals Exchange builds largest gold and silver depository in western U.S.

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Wednesday, September 14, 2022

EAGLE, Idaho -- Money Metals Exchange, a nationally focused precious metals company, announced today it is breaking ground on a 40,000-square-foot vaulting and fulfillment facility in Idaho.

The $21 million facility will be the largest private depository of its kind in the western United States. It could be expanded to 60,000 square feet.

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Can two new bills reshape indigenous rights and illegal gold mining in Suriname?

Section: Daily Dispatches

By Charles Lyons and Charlie Espinosa
Mongabay.com, Menlo Park, California
Wednesday, September 14, 2022

"We've been fighting the government of Suriname for almost 25 years, for recognition of our land rights," says Jupta Itoewaki, a leader of the Indigenous Wayana people. "The government and leaders don't feel like they need to consult us."

Venezuela pushes out small gold miners as Maduro seeks more revenue

Section: Daily Dispatches

By Maria Ramirez and Mayela Armas
Reuters
Monday, September 12, 2022

EL CALLAO and CARACAS, Venezuela -- In Venezuela's El Callao mining region, countless small, artisanal miners who once sold gold to the government have left the area in the last year because accessible local supplies are depleted and President Nicolas Maduro has been striking deals with bigger miners, seeking more production and more revenue for the treasury.

Ed Steer's weekend gold and silver letter is posted in the clear at SilverSeek

Section: Daily Dispatches

6:20p ET Monday, September 12, 2022

The weekend letter from GATA board member Ed Steer's Gold and Silver Digest, headlined "Another Hugely Bullish Commitment of Traders Report, Especially in Silver," has been posted in the clear at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/another-hugely-bullish-cot-reportespecially-silver

When buying gold or silver, consider the dealers who support GATA

Section: Daily Dispatches

9:23a ET Monday, September 12, 2022

Dear Friend of GATA and Gold:

Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio. 

Ronan Manly: London silver inventories continue to plummet as metal exits LBMA vaults

Section: Daily Dispatches

By Ronan Manly
Bullion Star, Singapore
Monday, September 12, 2022

There is an unprecedented situation emerging in London, where the relentless hemorrhaging of one of the world’s largest stockpiles of silver is now well and truly under way.

For the last nine months, this stockpile of silver, held in the LBMA vaults in London, has been consistently falling each and very month, and has now reached an all-time low (since vault holdings records began in July 2016). ...

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Robert Lambourne: BIS shows tiny increase in its August gold swaps

Section: Daily Dispatches

By Robert Lambourne
Saturday, September 10, 2022

The recently released August statement of account of the Bank for International Settlements --

https://www.bis.org/banking/balsheet/statofacc220831.pdf

In interview with The Jist, GATA secretary gives overview of gold price suppression

Section: Daily Dispatches

9:06p ET Friday, September 9, 2022

Dear Friend of GATA and Gold:

Your secretary/treasurer was interviewed this week by Josh Hamilton, founder of The Jist internet site in the United Kingdom, discussing the purposes and mechanisms of the longstanding U.S. government and Western central bank policy of gold price suppression.

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With the death of Queen Elizabeth II, what happens to Canadian bills and coins?

Section: Daily Dispatches

From The Canadian Press, Toronto
Thursday, September 8, 2022

OTTAWA -- Canadians are used to seeing Queen Elizabeth II on their money, but that could change following the death of the longest-serving British monarch and Canadian head of state.

However, the Bank of Canada, which produces Canada's paper bills, said changes likely won't be seen immediately.

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With ascension of King Charles III, the look of British currency will change

Section: Daily Dispatches

By Anthony Grant
New York Sun
Friday, September 8, 2022

The face of King Charles III instead of that of Queen Elizabeth II will begin to be seen on new British coins and banknotes issued in the United Kingdom and Commonwealth countries beyond the British Isles. These include Canada, Australia, New Zealand, British territories in the Caribbean, Gibraltar, the Falkland Islands, and the English Channel islands of Jersey, Guernsey, and the Isle of Man.

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