You are here
Daily Dispatches
Metals market riggers aren't beaten yet, GATA chairman tells GoldSeek Radio
Submitted by admin on Thu, 2024-01-04 19:18 Section: Daily Dispatches7:15p ET Thursday, January 4, 2024
Dear Friend of GATA and Gold:
Gold seems to be breaking away from its Western price controllers but not silver, GATA Chairman Bill Murphy tells GoldSeek Radio's Chris Waltzek. But, Murphy adds, the "bad guys" have yet to be defeated.
The interview is 13 minutes long and can be heard at GoldSeek here:
Gold demand hits record high amid global turbulence, Royal Mint says
Submitted by admin on Wed, 2024-01-03 18:29 Section: Daily DispatchesBy Melissa Lawford
The Telegraph, London
via Yahoo News, Sunnyvale, California
Wednesday, January 3, 2024
Investors flocked to gold in record numbers in 2023 as global economic turbulence triggered a flight to safety, according to the Royal Mint.
The number of people buying gold and precious metal bars and coins jumped by 7% year-on-year, surpassing the highs of the 2020 lockdown investing boom.
... Dispatch continues below ...
... ADVERTISEMENT ...
New York Sun: Our $34 trillion debt is turning the states to gold
Submitted by admin on Wed, 2024-01-03 12:17 Section: Daily DispatchesFrom The New York Sun
Wednesday, January 3, 2024
Just as we were set to mark our national debt crossing $34 trillion, the Mises Institute sends a note steering its fans to the Sound Money Index, ranking the states by the degree to which they provide an environment for honest money.
The index, produced by the Sound Money Defense League and Money Metals Exchange, records that the classical monetary metals, gold and silver, discover the value of fiat currencies like the dollar, not the other way around.
Man found £2 million in gold bars hidden inside Iraqi tank he bought on eBay ...
Submitted by admin on Tue, 2024-01-02 16:55 Section: Daily Dispatches... but he got nothing out of it and now they probably already have been rehypothecated a dozen times by the Bank of England and the London Bullion Market Association.
* * *
By Tom Cotterill
Daily Mail, London
Tuesday, January 2, 2024
A military buff who bought a tank on eBay and discovered L2million of gold bars hidden inside says he regrets handing in the hidden treasure.
Nick Mead discovered the five gold bars stashed inside the diesel tank of the ex-Iraqi Army Type 69, a Chinese copy of the Soviet T-55, back in 2017.
Guy Christopher: The seven biggest lies told (and believed) about gold
Submitted by admin on Sun, 2023-12-31 21:41 Section: Daily DispatchesBy Guy Christopher
via Money Metals Exchange, Eagle, Idaho
Tuesday, December 26, 2023
It's hard to say which lie about gold is the biggest whopper.
Many widely held beliefs about gold are lies -- propaganda hammered home to have us believe that the only true measure of wealth is government-issued debt.
Big Lie #1: Gold is a barbarous relic.
Repeated for decades, this misquote of 20th-Century socialist economist John Maynard Keynes perpetuates a lie exploited as an almost biblical prophecy of gold's demise.
Another rich country insisting on being poor watches its currency collapse
Submitted by admin on Sun, 2023-12-31 20:54 Section: Daily DispatchesNigerian Naira Ends Year with 96.5% Loss to U.S. Dollar on Official Market
By Hope Moses-Ashike
Business Day, Lagos, Nigeria
Sunday, December 31, 2023
The foreign exchange market trading closed for the year on Friday with the naira losing 96.55% of its value against the dollar at the official market.
Ted Butler: No letup yet in silver price suppression
Submitted by admin on Fri, 2023-12-29 09:41 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Friday, December 29, 2023
It seems to me that the forces at play in silver, both working for and against sharply higher prices, show no signs of letting up. However, common sense and logic dictate that such diametrically-opposed forces point to an eventual end to the stalemate -- with the only real question being when. Since these opposing forces have been in play for 40 years, they have taken on a life of their own and the purpose of this review is a brief overview and summary.
Alasdair Macleod: Gold in 2024
Submitted by admin on Thu, 2023-12-28 12:16 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, December 28, 2023
To market observers, gold appears ready to break into new high ground measured in all the major currencies. In fact, it is the currencies’ collapse in their values, rather than gold rising. Appreciating this distinction is vital for understanding the future of the gold/currency relationship.
London gold price benchmark breaks all-time high, LBMA says
Submitted by admin on Wed, 2023-12-27 16:46 Section: Daily DispatchesFrom Reuters
Wednesday, December 27, 2023
London's gold price benchmark hit an all-time high of $2,069.40 per troy ounce at an afternoon auction today, surpassing the previous record of $2,067.15 set in August 2020, the London Bullion Market Association said.
"I can think of no clearer demonstration of gold's role as a store of value than the enthusiasm with which investors across the world have turned to the metal during the recent economic and geopolitical turmoils," said LMBA's chief executive officer Ruth Crowell. ...
No takers for Indian rupees as payment for oil imports
Submitted by admin on Mon, 2023-12-25 18:29 Section: Daily DispatchesFrom the Press Trust of India
via The Times of India, Mumbai
Monday, December 25, 2023
India's push for the rupee to be used to pay for import of crude oil has not found any takers as suppliers have expressed concern on repatriation of funds and high transactional costs, the oil ministry told a parliamentary standing committee.
Pages
