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Daily Dispatches
Stuart Englert: Gold revaluation means dollar devaluation, and it has happened before
Submitted by admin on Sat, 2025-02-22 09:50 Section: Daily DispatchesBy Stuart Englert
Friday, February 21, 2025
Recent anomalies in the gold market, including London delivery delays, repeated record highs and unusually large bullion shipments to U.S. vaults, have precious metal analysts speculating about an official revaluation of the gold price.
Jan Nieuwenhuijs: Mr. President, don't be fooled by the Fort Knox 'auditors'
Submitted by admin on Fri, 2025-02-21 17:34 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Friday, February 21, 2025
Dear Mr. President:
Recently you have expressed an intention to do an audit of the gold at Fort Knox and presumably also the other vaults where the U.S. monetary gold is stored.
If you proceed with this endeavor, you will be misleadingly told by the U.S. Treasury, the owner of the gold, that the metal is annually audited by the Office of Inspector General together with an independent public accountant, KPMG LLP.
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Alasdair Macleod: Trump to inspect the Treasury's gold
Submitted by admin on Fri, 2025-02-21 14:27 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, February 21, 2025
It will prove difficult for the US Treasury to deflect Trump from opening its gold book, since Elon Musk and Ron Paul appear to be driving the move to come clean over national gold reserves.
LBMA and Bank of England have defaulted with gold, Maguire tells LFTV
Submitted by admin on Fri, 2025-02-21 13:10 Section: Daily Dispatches1:13p ET Friday, February 21, 2025
Dear Friend of GATA and Gold:
With their delivery delays the London Bullion Market Association and the Bank of England already have effectively defaulted on their gold obligations in advance of a probable gold price revaluation, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program.
Please help GATA stay in the fight until victory
Submitted by admin on Fri, 2025-02-21 13:00 Section: Daily Dispatches1p ET Friday, February 21, 2025
Dear Friend of GATA and Gold:
We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.
Gold price suppression is almost a respectable topic now, even if GATA is still not respectable enough to get mentioned by mainstream financial news organizations even as we pummel them every day with evidence of their dishonesty.
Barrick Gold signs agreement with Mali to end mining dispute, Reuters says
Submitted by admin on Thu, 2025-02-20 20:01 Section: Daily DispatchesBy Divya Rajagopal, Portia Crowe, and Giulia Paravicini
Reuters
Wednesday, February 19, 2025
Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost 2-year-old dispute over its mining assets in the West African country, four people familiar with the developments told Reuters on Wednesday.
Barrick has signed the agreement and it is now up to Mali's government to formally approve the deal, the sources told Reuters.
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Mike Maharrey: We don't have a penny problem but a money problem
Submitted by admin on Thu, 2025-02-20 19:32 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, February 18, 2025
My grandfather used to say, "Don't take any wooden nickels."
The idiom basically meant, "Be careful! Don't get cheated."
Back in the day, small banks and merchants sometimes handed out novelty wooden nickels as promotional items. Of course they had no value. You didn't want to get tricked into taking a wooden nickel instead of real money.
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Gold pares gains as Bessent plays down revaluing U.S. reserves
Submitted by admin on Thu, 2025-02-20 11:12 Section: Daily DispatchesBy Jack Ryan and Yvonne Yue Li
Bloomberg News
Wednesday, February 19, 2025
Gold pared gains after reaching a fresh record, as traders booked some profits after U.S. Treasury Secretary Scott Bessent dismissed speculation that the government might revalue its bullion holdings.
When discussing plans for a sovereign wealth fund, Bessent said revaluing U.S. gold reserves is "not what I had in mind."
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Trump backs confirming that gold remains at Fort Knox, as Treasury says it does
Submitted by admin on Thu, 2025-02-20 10:56 Section: Daily DispatchesBut where do they keep the gold swaps and leases? The Federal Reserve admits having some:
https://www.gata.org/node/23651
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By Michael Dorgan and Bailee Hill
Fox News, New York
Thursday, February 20, 2025
President Donald Trump is backing an Elon Musk-led Department of Government Efficiency effort to confirm that all the U.S. gold reserves at Fort Knox are really there.
U.S. oil, gold projects are among hundreds up for Trump fast-track review
Submitted by admin on Wed, 2025-02-19 23:25 Section: Daily DispatchesBy Ari Natter
Bloomberg News
Wednesday, February 19, 2025
A disputed tunnel in Michigan for an Enbridge Inc. oil pipeline is among hundreds of energy and mining projects the U.S. Army Corps of Engineers has identified for emergency fast-track reviews after President Donald Trump's executive order.
The list also includes permits for a Venture Global Inc. liquefied natural gas export terminal, a gas-fired power plant proposed in Texas by Entergy Corp., and a Perpetua Resources Corp. gold mine in Idaho.
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