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Daily Dispatches
Von Greyerz and Turk discuss the disasters of the past that foretell the future
Submitted by admin on Fri, 2025-08-15 21:37 Section: Daily DispatchesFrom Von Greyerz Gold, Zurich
Friday, August 15, 2025
In an informal yet compelling conversation, two veterans of the precious metals space -- Egon von Greyerz and James Turk -- bring needed financial and historical perspective to evolving (and eerily foreseeable) cracks in the global financial system.
They reminisce upon a discussion they enjoyed nearly 15 years prior. Not surprisingly, much of what was discussed and warned about then (currency debasement, trapped banks, dangerous credit expansion, and rising gold) is playing out dramatically in real-time today.
Andrew Maguire interviews Andy Schectman on Kinesis Money's "LFTV"
Submitted by admin on Fri, 2025-08-15 21:14 Section: Daily Dispatches9:15p ET Friday, August 15, 2025
Dear Friend of GATA and Gold:
This week's edition of Kinesis Money's "Live from the Vault" program has London metals trader Andrew Maguire and coin and bullion dealer Andy Schectman discussing President Trump's desire to bring back manufacturing to the United States, the possible issuance of gold-backed U.S. Treasury securities, and the gold-denominated trade settlement mechanism developed by the BRICS countries.
The program is 55 minutes long and can be viewed at the Kinesis Money YouTube channel here:
Alasdair Macleod: The lull before the storm
Submitted by admin on Fri, 2025-08-15 13:43 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, August 15, 2025
Expectations for President Trump's meeting with President Putin in Alaska have been downplayed but have diverted attention from a stalling U.S. and global economy.
Any independent observer will note that the outlook for the dollar is deteriorating, credit risk is rising, and a debt trap is being sprung on the U.S. Treasury. Tonight's Alaska circus is a diversion from this reality.
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Kentucky and Wyoming legislators are the Sound Money Legislators of the Year
Submitted by admin on Thu, 2025-08-14 20:18 Section: Daily DispatchesFrom the Sound Money Defense League, Eagle, Idaho
Thursday, August 14, 2025
One of America's largest national precious metals dealers and the nation's leading sound-money public policy group today recognized two outstanding state lawmakers for their leadership in advancing sound money policies in 2025.
Money Metals Exchange, Sound Money Defense League, and Sound Money Foundation are excited to announce Kentucky Rep. TJ Roberts and Wyoming Sen. Bob Ide, both Republicans, as "2025 Sound Money Legislators of the Year."
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A chaotic gold rush is helping Bolivia prop up its finances
Submitted by admin on Thu, 2025-08-14 20:00 Section: Daily DispatchesBy Sergio Mendoza, James Attwood, and Marcelo Rochabrun
Bloomberg News
Thursday, August 14, 2025
It's been a puzzling phenomenon for a while now: Bolivia is facing a crippling dollar shortage, a local currency crisis and surging inflation -- and yet it's still honoring its debts.
Cyrus Cole: China's golden shift and its global impact
Submitted by admin on Thu, 2025-08-14 19:11 Section: Daily DispatchesBy Cyrus Cole
AI Invest, New York
Wednesday, July 23, 2025
China's gold market is undergoing a seismic shift. What was once a market dominated by jewelry demand -- a cultural cornerstone of wealth and status -- is pivoting toward investment-grade gold -- bars and coins. This transition, driven by economic uncertainty, institutional mandates, and a broader de-dollarization strategy, has profound implications for global gold investors. ...
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Gold rush hits Trump-era Washington, from prices to the Oval Office
Submitted by admin on Thu, 2025-08-14 14:47 Section: Daily DispatchesBy Andrew Ackerman
The Washington Post
via MSN News, Redmond, Washington
Thursday, August 14, 2025
Donald Trump promised Americans a golden age. In one way, he's already delivered: gold is glittering like never before.
Over the past year, the price of the precious metal has surged by roughly 35 percent, vastly outstripping gains in the overall stock market. Investors are increasingly turning to the metal — used as a safe financial asset for millennia — amid mounting economic uncertainty and heavy buying by central banks seeking to diversify their reserve holdings.
Bernhard Schnellmann: The gold market is too important to be left to private clubs
Submitted by admin on Thu, 2025-08-14 08:16 Section: Daily DispatchesIs it too important to be left to be left to governments as well?
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By Bernhard Schnellmann
Financial Times, London
Thursday, August 14, 2025
While gold continues to serve as a trusted store of value for investors and central banks alike, the institutions underpinning the global gold market remain largely private, opaque, and under-regulated.
Gold Reserve, Vitol battle for Citgo's parent before sale hearing
Submitted by admin on Tue, 2025-08-12 16:22 Section: Daily DispatchesBy Marianna Parraga
Reuters
Monday, August 11, 2025
HOUSTON -- Subsidiaries of miner Gold Reserve and commodities trader Vitol are nearing the finish line in a fiercely contested U.S. court-organized auction that will determine control of Venezuela-owned U.S. refiner Citgo Petroleum, according to two sources with knowledge of the process and court filings.
Ultra-wealthy are piling into a centuries-old gold trade in Asia
Submitted by admin on Tue, 2025-08-12 11:43 Section: Daily DispatchesBy Diana Li and Sybilla Gross
Bloomberg News
via The Business Times, Singapore
Tuesday, August 12, 2025
HONG KONG -- In Asia's ultra-wealthy circles, some family offices are now bypassing the middlemen and jumping into the gold business itself. They are financing, shipping, and flipping bullion like traders.
Take Cavendish Investment, a multi-family office run by the former chairman of a Hong Kong jewelery company, which is allocating roughly a third of its portfolio this year to the physical gold trade, going a step beyond index trackers and vault holdings.