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Daily Dispatches
First batch of gold ingots delivered to DR Congo central bank under new reserve program
Submitted by admin on Mon, 2026-04-13 09:12 Section: Daily DispatchesBy Solomon Ekanem
Business Insider Africa, New York
Sunday, April 12, 2026
The Democratic Republic of Congo has received its first batch of refined gold ingots at the central bank, marking a key milestone in its effort to rebuild monetary gold reserves through a new state-led gold purchasing program.
According to DRC Gold Refinery SA -- DR Congo's first gold refinery -- the country has taken a major step toward restoring its monetary gold system nearly half a century after it was largely absent from official reserve accumulation.
David Zaikin: How gold became part of national security infrastructure
Submitted by admin on Mon, 2026-04-13 09:03 Section: Daily DispatchesBy David Zaikin
Mining.com, Toronto
Sunday, April 12, 2026
In April 2026 the Banque de France confirmed that every ounce of French sovereign gold is now stored on French soil. Through 26 transactions between July 2025 and January 2026, the central bank sold 129 tonnes of non-standard legacy bars held at the Federal Reserve Bank of New York and purchased equivalent compliant bullion on the European market. Total reserves of 2,437 tonnes remained unchanged. The capital gain was E12.8 billion.
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Ed Steer: The big 8 commercial shorts continue to cover
Submitted by admin on Sun, 2026-04-12 10:55 Section: Daily Dispatches10:54a ET Sunday, April 12, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "The Big 8 Commercial Shorts Continue to Cover," is posted in the clear at SilverSeek here:
https://silverseek.com/article/big-8-commercial-shorts-continue-cover
Robert Lambourne: Gold price reset might have been better than stretching Treasury market
Submitted by admin on Sun, 2026-04-12 08:53 Section: Daily DispatchesBy Robert Lambourne
Sunday, April 12, 2026
A GATA dispatch published on October 22, 2023, scrutinized the buying of U.S. Treasuries by hedge funds during 2022:
Global gold accumulation hits about $2 billion as African central banks join buying wave
Submitted by admin on Sat, 2026-04-11 20:08 Section: Daily DispatchesBy Solomon Ekanem
Business Insider Africa, New York
Saturday, April 11, 2026
African central banks are gradually aligning with a global shift toward gold-backed reserves, as total central bank purchases reached 27 tonnes in February 2026, valued at about $2 billion depending on prevailing prices.
The uptick marks a rebound from January's slowdown and reflects a sustained push toward reserve diversification.
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'Moonshot' ahead for monetary metals, GATA's Steer tells Liberty and Finance
Submitted by admin on Sat, 2026-04-11 11:07 Section: Daily Dispatches11:06a ET Saturday, April 11, 2026
Dear Friend of GATA and Gold:
In an interview this week with Dunagun Kaiser of Liberty and Finance, GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest newsletter, says trader positioning on the New York Commodities Exchange foretells a "moonshot" rally for the monetary metals. The interview is 34 minutes long and can be heard at the Liberty and Finance channel at YouTube here:
Alasdair Macleod: Have gold and silver bottomed?
Submitted by admin on Fri, 2026-04-10 12:54 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, April 10, 2026
The controversy is now about escalating risk and how to hedge it.
Let's make something clear before addressing this question: Regulators train and legislate investment managers into believing that gold is not the way to hedge investment risk.
A new gold rush: States stockpile bars, encourage gold-backed debit cards
Submitted by admin on Fri, 2026-04-10 10:46 Section: Daily DispatchesBy Kevin Hardy
Stateline, Washington, D.C.
Friday, April 10, 2026
More states are piling up gold bars, or encouraging residents to use gold-backed debit cards, to hedge against inflation.
Several states, including Western ones with rich mining histories, have been stockpiling gold as part of their broader state savings. And more states are looking to follow the lead of Texas and Florida by passing so-called transactional gold laws that would invite consumers to save and spend gold through their own accounts.
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Tennessee rejects dangerous government-backed 'transactional gold' boondoggle
Submitted by admin on Fri, 2026-04-10 09:26 Section: Daily DispatchesFrom the Sound Money Defense League
via Money Metals Exchange, Eagle, Idaho
Thursday, April 9, 2026
Lawmakers in Tennessee delivered yet another blow to government "transactional gold" schemes today when the state legislature rejected harmful legislation, joining more than a dozen other states, including Georgia, Kansas, Arizona, West Virginia, Indiana, Kentucky, South Dakota, Idaho, Mississippi, Wyoming, and Michigan, in abandoning these schemes.
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Volatility conceals move out of dollars and into gold, Maguire tells LFTV
Submitted by admin on Fri, 2026-04-10 09:07 Section: Daily Dispatches9:07a ET Friday, April 10, 2026
Dear Friend of GATA and Gold:
Central banks have used the market volatility caused by the war in the Middle East to reduce their holdings of U.S. dollars and Treasuries and increase their holdings of gold, London metals trader Andrew Maguire says in this week's edition of Kinesis Money's "Live from the Vault" program.
Volatility has concealed the gold purchases, Maguire says.
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