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Daily Dispatches
The dead asset wakes up as crypto magic makes gold pay interest
Submitted by admin on Thu, 2026-04-23 08:48 Section: Daily DispatchesSuvashree Ghosh and Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, April 23, 2026
Jewelers have long used a simple mechanism to protect themselves against volatile gold prices -- borrow the precious metal rather than buy it outright.
It's a trick with origins in antiquity and used from the gold souks of Dubai to the bullion desks of India, allowing artisans to produce and sell their wares before settling the tab to align costs with revenue.
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James Turk: Get ready for another U.S. government default
Submitted by admin on Thu, 2026-04-23 08:42 Section: Daily DispatchesBy James Turk
Free Gold Money Report
Wednesday, April 15, 2026
In 1933 the U.S. government defaulted on its debt by not repaying the gold it owed. In 1965 it allowed its central bank to default on the silver it owed. These two precious metals are the money of the American Constitution. They defined the dollar as an amount of precious metal weight.
Uganda's central bank starts domestic gold purchase program
Submitted by admin on Tue, 2026-04-21 23:06 Section: Daily DispatchesBy Elias Biryabarema
Reuters
Tuesday, April 21, 2026
KAMPALA, Uganda -- Uganda's central bank said today it had begun purchasing gold from domestic producers under a program announced two years ago to incorporate bullion as part of the country's foreign reserves.
The first purchase was made on Friday, the Bank of Uganda said in an emailed statement to Reuters, without sharing details on the value of the gold purchased.
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Agnico-Eagle pushes into Finland with three gold deals
Submitted by admin on Mon, 2026-04-20 11:59 Section: Daily DispatchesBy Sybilla Gross
Bloomberg News, New York
Monday, April 20, 2026
Agnico Eagle Mines Ltd. plans to spend C$3.7 billion ($2.7 billion) to acquire three gold projects in northern Finland, expanding the Canadian miner’s footprint in the Scandinavian country.
The Toronto-based company will buy Rupert Resources Ltd. and Aurion Resources Ltd., and separately purchase B2Gold Corp.'s 70% stake in an exploration joint venture with Aurion, according to a statement today.
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Judy Shelton: Kevin Warsh and the erosion of the dollar
Submitted by admin on Sun, 2026-04-19 15:55 Section: Daily DispatchesBy Judy Shelton
The Wall Street Journal
Sunday, April 19, 2026
Kevin Warsh is scheduled to testify before the Senate Banking Committee on Tuesday. The vote on his confirmation as Federal Reserve chairman may hinge on the Justice Department's dropping its inquiry into whether the current chairman, Jerome Powell, testified inaccurately about cost overruns in renovating Fed headquarters.
It would be a pity if we have to wait. The U.S. dollar would benefit from new thinking at the Fed.
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Why gold-backed debit cards are gaining customers
Submitted by admin on Sat, 2026-04-18 13:19 Section: Daily DispatchesBy Daniel Liberto
Associated Press Moneywise
via Yahoo News, Sunnyvale, California
Friday, April 17, 2026
Gold's surge to record highs isn't just boosting investor portfolios. It is helping to turn the metal into a form of everyday money you can use to pay for everyday goods and services.
Burkina Faso wants 40% stake in gold mine after company projects up to 490,000 oz in 2026
Submitted by admin on Sat, 2026-04-18 10:10 Section: Daily DispatchesBy Olamilekan Okebiorun
Business Insider Africa, New York
Saturday, April 18, 2026
Australian gold producer West African Resources Ltd. suspended trading in its shares on the Australian Securities Exchange on Friday, as investors weighed a government move in Burkina Faso that could significantly reshape ownership of one of West Africa's largest gold projects.
India belatedly lists banks authorized to import gold and silver
Submitted by admin on Fri, 2026-04-17 21:04 Section: Daily DispatchesBy Rajendra Jadhav and Shilpa Jamkhandikar
Reuters
Friday, April 17, 2026
India today issued an order listing banks authorized to import gold and silver, providing relief for banks that were forced to halt imports because the list's publication was delayed.
Alasdair Macleod: Surreal markets
Submitted by admin on Fri, 2026-04-17 09:51 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, April 17, 2026
In short supply already, anyone can see that demand for gold and silver will increase substantially. Yet markets are worryingly complacent, and it's not just in precious metals.
Surreal hardly describes it. Equities are hitting new highs on the back of little more than Truth Social posts. The guys below appear representative of today's investors.
First, let's look at last week’s events for gold and silver. ...
... For the remainder of the analysis:
Wall Street Journal starts to give gold its due
Submitted by admin on Fri, 2026-04-17 09:25 Section: Daily DispatchesOur Long Love Affair with Gold
By Lane Florsheim
The Wall Street Journal, New York
Thursday, April 16, 2026
Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation.
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