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Daily Dispatches

Futures exchange CME plans to launch bitcoin trading

Section: Daily Dispatches

By Philip Stafford
Financial Times, London
Thursday, May 16, 2024

CME Group, the world's largest futures exchange, is planning to launch bitcoin trading, aiming to capitalise on surging demand this year among Wall Street money managers to gain exposure to the cryptocurrency sector.

The Chicago-based group has been holding discussions with traders who want to buy and sell the cryptocurrency on a regulated marketplace, according to three people with direct knowledge of the talks.

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Gold will rise despite its miners, but who will be allowed to profit?

Section: Daily Dispatches

Illustrations for these remarks can be viewed here:

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Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Mining Investment Asia Conference
Marriott Tang Plaza Hotel, Singapore
Thursday, May 16, 2024 


Robert Lambourne: You might be surprised by how many know of the war against gold

Section: Daily Dispatches

By Robert Lambourne
May 15, 2024

During a recent video presentation, a book titled "The War On Gold" by Antony Sutton, published in 1977, was spotted on a shelf behind a mainstream economist who provides research for leading institutional investors. 

This writer acquired this book some 20 years ago and seeing it again triggered an effort to reread it. It is still quite topical, as indicated by the contents listed on its back cover:

West Virginia Gov. Justice defeats Rep. Mooney for Senate nomination

Section: Daily Dispatches

By Eric Bradner and David Wright
CNN, Atlanta
Wednesday, May 15, 2024

West Virginia Gov. Jim Justice won the state’s Republican US Senate primary, positioning the two-term governor as the clear favorite to succeed retiring Democratic Sen. Joe Manchin in the deep-red state.

Justice triumphed in a crowded Republican primary that included U.S. Rep. Alex Mooney, a member of the hard-line House Freedom Caucus. Justice will face Wheeling Mayor Glenn Elliott, who had Manchin's endorsement and won the three-way Democratic primary.

China considers government purchase of unsold homes to save property market

Section: Daily Dispatches

From Bloomberg News
Tuesday, May 14, 2024

China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market.

The State Council is seeking feedback from several provinces and government entities on the preliminary plan, said the people, asking not to be identified discussing a private matter.

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Jim Rickards: Why gold at $27,000 isn't such a crazy prospect

Section: Daily Dispatches

By James G. Rickards
Daily Reckoning, Baltimore
Tuesday, May 14, 2024

I've said that gold could reach $15,000 by 2026. Today I'm updating that forecast.

My latest forecast is that gold may actually exceed $27,000.

I don't say that to get attention or to shock people. It's not a guess; it's the result of rigorous analysis.

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Subscribe to The Calandra Report at a big discount and help GATA

Section: Daily Dispatches

10:21p ICT Tuesday, May 14, 2024

Dear Friend of GATA and Gold (and Silver and other metals):

Mining company shares are taking off as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold and silver explorers in the Yukon, Quebec, Nevada, Mexico, Ghana, and elsewhere. 

GATA's Murphy, GoldSeek's Waltzek wait for silver to break suppression

Section: Daily Dispatches

12:27p ICT Tuesday, May 13, 2024

Dear Friend of GATA and Gold:

In a new interview, GATA Chairman Bill Murphy and GoldSeek Radio's Chris Waltzek discuss recent strength in gold and silver prices and the latter monetary metal's struggle against the suppressive force being applied in the futures market.

The discussion is 6 minutes long and can be heard at SilverSeek here:

Striking Iranian gold retailers detained after meeting with government officials

Section: Daily Dispatches

Looks like another job for the Sound Money Defense League, though probably a suicide mission.

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From Iran International, London
Tuesday, May 13, 2024

Following a meeting between gold retailers and government representatives, Iranian security agents arrested several gold merchants amid the ongoing strikes, Iran International has learned that.

Brien Lundin: Silver is on the launch pad

Section: Daily Dispatches

11:30a ICT Tuesday, May 13, 2024

Dear Friend of GATA and Gold:

Gold Newsletter and Golden Opportunities publisher Brien Lundin today explains why he sees silver "on the launch pad" after trading strongly in recent weeks. Lundin thinks silver may rise faster than gold. His analysis is posted at Golden Opportunities here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.