UK investors buy gold coins in record numbers to avoid capital gains tax
Submitted by admin on Fri, 2025-08-01 12:51 Section: Daily DispatchesBy Emma Agyemang and Emma Dunkley
Financial Times, London
Friday, August 1, 2025
UK investors have been buying gold coins in record numbers this year to mitigate against rises in capital gains tax and to cash in on the surging price of the precious metal.
Online bullion transactions hit record levels in the first quarter of the 2025-26 financial year, the Royal Mint said last week. Bullion coin sales were up 115% compared with the same period last year.
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YPF plaintiffs embark on 'treasure hunt' for Argentine central bank's gold
Submitted by admin on Wed, 2025-07-30 20:33 Section: Daily DispatchesBy Bob Van Voris
Bloomberg News
Wednesday, July 30, 2025
A lawyer representing former YPF SA shareholders told a judge in New York that they're on a "treasure hunt" for gold bars Argentina's central bank secretly sent abroad last year.
Play silver's breakout by donating to GATA
Submitted by admin on Wed, 2025-07-30 20:30 Section: Daily Dispatches8:28p ET Wednesday, July 30, 2025
Dear Friend of GATA and Gold:
Like gold, silver now seems to be breaking out of its longstanding derivatives clutches engineered by the U.S. government and its investment bank agents. But this largely surreptitious manipulation of the monetary metals markets hasn't been overthrown yet.
Adrian Ash: China 'buys the dip' in gold after record ETF outflows
Submitted by admin on Wed, 2025-07-30 20:19 Section: Daily DispatchesBy Adrian Ash
Bullion Vault, London
Wednesday, July 30, 2025
Gold fell again today against a surging U.S. follar, setting its lowest London price in three weeks as headlines proclaiming a sudden flight out of Chinese bullion-backed exchange-traded trust funds preceded the U.S. Federal Reserve's July interest-rate decision.
Mike Maharrey: 2021 meme reveals the relentless devaluation of our money
Submitted by admin on Wed, 2025-07-30 09:22 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, July 29, 2025
I ran across a 2021 meme the other day that vividly illustrates just how quickly the government is destroying your money.
The meme points out that in 1964 the minimum wage was $1.25, or five quarters. That sounds really low, but keep in mind that before 1965, quarters were 90% silver. In 2021 the melt value of those five quarters was $23.34.
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Craig Hemke: A lesson in open interest
Submitted by admin on Tue, 2025-07-29 18:34 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, July 29, 2025
I've learned a few things while watching the Comrc precious metals every day for the past 15 years. One lesson involves the timing and scale of new contract issuance during price rallies, and all of us just got reminder of this last week.
Let's start with a matrix of sorts. What you see below isn't universally true, but if you watch and record the daily price and open interest (OI) changes for Comex gold and silver, you'll soon see that it's about 90% accurate.
