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Daily Dispatches

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. ...

... For the remainder of the analysis:

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.

Resolute Mining to pay Mali $160 million to resolve tax dispute and free staff

Section: Daily Dispatches

By Sherin Sunny and Sachin Ravikumar
Reuters
Monday, November 18, 2024

Australia's Resolute Mining said today that it would pay $160 million to Mali's government to help resolve a tax dispute after the West African country detained its CEO Terence Holohan and two other employees this month.

Resolute has made an initial payment of $80 million as part of the settlement from existing cash reserves and will make future payments of about $80 million in the coming months from existing liquidity sources, it said in a statement.

Warsh, who admitted Fed's gold swaps and market rigging, eyed for Treasury chief

Section: Daily Dispatches

Trump Expands Search for Treasury Secretary

From the Financial Times, London
Sunday, November 17, 2024

Donald Trump has expanded his search for a Treasury secretary to serve in his second-term cabinet, throwing the contest for his top economic official into confusion as he struggles to settle on a choice.

Central banks and bullion banks buy the dip, encouraged by GATA's Lambourne, Maguire says

Section: Daily Dispatches

11:24p Friday, November 15, 2025

In this week's edition of Kinesis Money's "Live from the Vault" program at YouTube, London metals trader Andrew Maguire says central banks are using the recent "Trump trade" increase in the U.S. dollar index and the corresponding fall in the gold price to obtain real metal at a discount, buying gold futures contracts on the New York Commodities Exchange and turning them into demands for delivery of metal in London, which will force the shorts to cover as already has happened repeatedly this year.

James Turk: How to make America great again

Section: Daily Dispatches

By James Turk
Free Market Gold and Money Report
Thursday, November 14, 2024

If I were advising President Trump, here are the recommendations -- with the supporting analysis -- I would offer to him to make America great again. To achieve this laudable goal, which would secure for him a pre-eminent place in history, a return to the fundamental principles that made America great is needed.

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