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Daily Dispatches
Gold market report credits GATA with exposing price suppression policy and its mechanisms
Submitted by admin on Fri, 2022-04-15 11:56 Section: Daily Dispatches11:56a ET Friday, April 15, 2022
Dear Friend of GATA and Gold:
In their first-quarter summary analysis for Equity Management Associates in Sherborn, Massachusetts, Managing Partners Lawrence Lepard and David Foley review decades of monetary history as they make a case for investing in gold.
Billions of dollars at stake as huge gold mine moves ahead with South Carolina expansion
Submitted by admin on Fri, 2022-04-15 11:35 Section: Daily DispatchesBy Sammy Fretwell
The State, Columbia, South Carolina
Thursday, April 14, 2022
Buried deep in the Lancaster County dirt are billions of dollars in gold that a mining company has been furiously digging for during the past six years.
OceanaGold's effort has drawn praise locally for the hundreds of jobs it created, but the company also has sparked criticism over its failure to follow environmental laws, as well as the massive impact the mine has had on the landscape.
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Alabama passes sound money law, expands sales tax exemption for gold and silver
Submitted by admin on Thu, 2022-04-14 23:26 Section: Daily DispatchesFrom Money Metals News Service
Eagle, Idaho
Thursday, April 14, 2022
MONTGOMERY, Alabama -- With Gov. Kay Ivey's signature on sound money legislation today, Alabama has become the second state this year to expand its sales tax exemption involving gold and silver.
Alabama Senate Bill 13, championed by Sen. Tim Melson and Rep. Jamie Kiel, passed with unanimous support out of the Alabama Senate and then unanimously through the Alabama House before making it to the governor's desk.
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Virginia bullion sales-tax exemption extended and threshold removed
Submitted by admin on Thu, 2022-04-14 12:55 Section: Daily DispatchesFrom CoinWeek
Ormond Beach, Florida
Tuesday, April 12, 2022
On March 2, Virginia Gov. Glenn Youngkin signed House Bill 3, which extends to June 30, 2025, the sunset date for the sales-tax exemption on gold, silver, and platinum bullion and legal tender coins. Under the previous law, the exemption would have expired on June 30, 2022.
Alasdair Macleod: The failure of fiat currencies and the implications for gold and silver
Submitted by admin on Thu, 2022-04-14 12:44 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, April 14, 2022
This is the background text of my keynote speech given yesterday to European Gold Forum.
To explain why fiat currencies are failing I started by defining money. I then described the relationship between fiat money and its purchasing power, the role of bank credit, and the interests of central banks.
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Inflation is finally starting to bite gold giant Barrick
Submitted by admin on Thu, 2022-04-14 12:23 Section: Daily DispatchesBy James Attwood
Bloomberg News
Thursday, April 13, 2022
Barrick Gold Corp., which had fared better than other bullion producers in navigating a rising cost environment, is finally encountering some inflationary headwinds.
In a preliminary report today, Toronto-based Barrick said gold production in the first quarter was lower than the prior quarter, in line with previous guidance.
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GoldMoney's Turk discusses possible futures market default in silver
Submitted by admin on Wed, 2022-04-13 21:25 Section: Daily Dispatches9:12p ET Wednesday, April 13, 2022
Dear Friend of GATA and Gold:
Last week the German edition of The Epoch Times interviewed GoldMoney founder and GATA consultant James Turk about developments in the currency and futures markets, starting with the London Metals Exchange's default on its nickel contract and its rescuing the shorts and its expropriation of the longs.
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USA Gold: Coins and Bullion Since 1973
Ronan Manly: Sanctions won't stop Russian-Chinese cooperation on gold
Submitted by admin on Tue, 2022-04-12 23:17 Section: Daily Dispatches11:15p ET Tuesday, April 12, 2022
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly writes tonight that cooperation in the gold market between Russia and China is far too serious to be undone by silly talk in political circles in the United States about sanctions to freeze Russian gold out of the world financial system.
Manly's analysis is headlined "China and Russia in Close Cooperation Aiming for Win-Win in Gold Markets" and it's posted at Bullion Star here:
Craig Hemke: How much will the Fed break the stock market before relenting?
Submitted by admin on Tue, 2022-04-12 22:36 Section: Daily Dispatches10:35p ET Tuesday, April 12, 2022
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, speculates on how much the Federal Reserve is prepared to "break" the stock market in the name of fighting inflation before returning with infinite liquidity to drive stock prices up again.
Hemke's analysis is headlined "Concern for Stonks" and it's posted at Sprott Money here:
Ed Steer's weekend newsletter posted in the clear at GoldSeek
Submitted by admin on Mon, 2022-04-11 21:19 Section: Daily Dispatches9:20p ET Monday, April 11, 2022
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest newsletter, headlined "Battle Stations for 'Da Boys' in New York on Friday," is posted in the clear at GoldSeek here:
https://goldseek.com/article/battle-stations-da-boyz-new-york-friday
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