You are here
Daily Dispatches
Peter Grandich interviews GATA secretary about prospects for gold and silver
Submitted by admin on Thu, 2025-06-12 17:39 Section: Daily Dispatches5:38p ET Thursday, June 12, 2025
Dear Friend of GATA and Gold:
Financial market veteran Peter Grandich today interviewed your secretary/treasurer about the state of gold and silver market manipulation, Asia's increasing influence over gold and silver prices, the long decline in gold swaps undertaken by the Bank for International Settlements, the dishonesty of government gold reserve data, and the possibility of an internationally agreed upward revaluation of gold.
The interview is 18 minutes long and can be viewed at YouTube here:
Jan Nieuwenhuijs: Secret gold purchases by Chinese central bank reach mainstream media
Submitted by admin on Thu, 2025-06-12 14:31 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Wednesday, June 11, 2025
Bloomberg has finally published an article on covert central bank gold buying (mainly by China), a topic about which I have been disseminating evidence since February 2023.
Better late than never.
Myrmikan's Dan Oliver: Markets are already crashing against gold
Submitted by admin on Thu, 2025-06-12 09:08 Section: Daily Dispatches9:06a ET Thursday, June 12, 2025
Dear Friend of GATA and Gold:
In his new market study, Myrmikan Capital's Daniel Oliver argues that gold, natural free-market money, always has traded against asset markets and now is showing that asset markets are already crashing in real terms if not in nominal terms.
... Dispatch continues below ...
... ADVERTISEMENT ...
Fisher Precious Metals offers great prices
with personal service from a family team
Silver and platinum prices soar as investors seek 'gold alternatives'
Submitted by admin on Thu, 2025-06-12 08:27 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Thursday, June 12, 2025
Investors are pouring into silver and platinum as they seek "gold alternatives" and hedges against the U.S. dollar, sending prices for both metals soaring.
With the U.S. dollar's status as a safe haven for global capital under threat, gold has enjoyed a historic rally, surging 25% since the beginning of the year as investors use it as a hedge against uncertainty.
... Dispatch continues below ...
... ADVERTISEMENT ...
Dollar-obsessed Argentines have a new love for buying gold instead
Submitted by admin on Wed, 2025-06-11 09:25 Section: Daily DispatchesBy Ignacio Olivera Doll
Bloomberg News
Wednesday, June 11, 2025
Gold is winning over the hearts of Argentines, a nation once almost irrationally devoted to the dollar.
Argentina's deep-rooted reliance on the greenback -- the country ranks among top holders of the U.S. currency, according to estimates by economists and former central bank officials -- is now being challenged by a growing appetite for gold. From bullion and small bars to exchange-traded funds, Argentines are increasingly turning to the precious metal as an alternative store of value.
Gold overtakes euro as global reserve asset, ECB says
Submitted by admin on Wed, 2025-06-11 08:46 Section: Daily DispatchesBy Olaf Storbeck and Leslie Hook
Financial Times, London
Wednesday, June 11, 2025
Gold has overtaken the euro as the world's second most important reserve asset for central banks, driven by record purchases and soaring prices, according to the European Central Bank.
Bullion accounted for 20% of global official reserves last year, outstripping the euro's 16% and second only to the U.S. dollar at 46%, data from an ECB report published today showed.
... Dispatch continues below ...
Ironic: Dollar-enforcer IMF wants to put Zimbabwe on a de-facto gold standard
Submitted by admin on Tue, 2025-06-10 10:19 Section: Daily DispatchesIMF Wants Zimbabwe's Gold-Backed ZiG to Become Sole Currency
By Ray Ndlovu
Bloomberg News
Monday, June 9, 2025
The International Monetary Fund said it would like to see the ZiG "fully becoming a national currency" as it weighs whether to place Zimbabwe on a staff-monitored program.
The ZiG, short for Zimbabwe Gold, succeeded the Zimbabwean dollar in April 2024 after multiple crashes. It's the country's sixth attempt since 2009 to replace the dollar as the southern African nation’s main transacting currency, but is yet to succeed.
Banks' gold traders reaped $500 million as tariff panic set in
Submitted by admin on Mon, 2025-06-09 22:30 Section: Daily DispatchesBy Jack Ryan and William Shaw
Bloomberg News
via Fortune, New York
Monday, June 9, 2025
Precious metals traders at top banks including JPMorgan Chase & Co. and Morgan Stanley posted their best performance in five years in the first quarter, in part thanks to an arbitrage opportunity that sparked a rush of bullion into the U.S.
... Dispatch continues below ...
... ADVERTISEMENT ...
Are you ready to safeguard your assets using precious metals?
Silver is going up so get your GATA commemorative silver round while it's still cheap
Submitted by admin on Sun, 2025-06-08 21:12 Section: Daily Dispatches9:16p ET Sunday, June 8, 2025
Dear Friend of GATA and Gold:
If helping GATA defeat monetary metals price suppression isn't quite enough of a reason for you to support us financially, there's another one.
That is, silver shows signs of breaking out as gold already has done and donations of $250 or more entitle donors to a 1-ounce silver round commemorating GATA's work. Bbefore long your GATA silver round may pay for itself.
... Dispatch continues below ...
... ADVERTISEMENT ...
Weekend edition of Ed Steer's Gold and Silver Digest posted at SilverSeek
Submitted by admin on Sun, 2025-06-08 20:20 Section: Daily Dispatches8:20p ET Sunday, June 8, 2025
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "COT Report: The Big 8 Shorts Took the Bullet," is posted in the clear at SilverSeek here:
https://silverseek.com/article/cot-report-big-8-shorts-took-bullet
Pages
