Hikers stumble across mysterious treasure hidden on a Czech mountain trail
Submitted by admin on Thu, 2025-05-22 22:55 Section: Daily DispatchesBy Jacopo Prisco
CNN, New York
Wednesday, May 21, 2025
Ten gold bracelets, 17 cigar cases, a powder compact, a comb, and a whopping 598 gold coins: The items are all part of a valuable and somewhat mysterious stash, found by chance by two hikers in the northeastern Czech Republic.
The hikers, who wish to remain anonymous, were taking a shortcut through the forest in the Krkonose Mountains -- a popular hiking spot -- when they saw an aluminum box sticking out of a stony wall.
... Dispatch continues below ...
Ghana expects to earn $12 billion a year from small-scale gold mining
Submitted by admin on Thu, 2025-05-22 19:32 Section: Daily DispatchesBy Ekow Dontoh
Bloomberg News
Thursday, May 22, 2025
Ghana expects to rake in $12 billion a year from small-scale gold production if output doubles as planned.
Gold exports from the country have surged as international prices have soared, and much of that expansion is down to small-mine and artisanal production. The government this year set up a regulator to handle all gold buying and selling, hoping to boost foreign-currency reserves and curb black-market trading.
... Dispatch continues below ...
Help GATA financially and get a commemorative silver round
Submitted by admin on Thu, 2025-05-22 19:28 Section: Daily Dispatches7:28p ET Thursday, May 22, 2025
Dear Friend of GATA and Gold:
We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.
Fort Knox episode of 'America's Book of Secrets' featuring GATA reaches YouTube
Submitted by admin on Wed, 2025-05-21 11:45 Section: Daily Dispatches11:45a ET Wednesday, May 21, 2025
Dear Friend of GATA and Gold:
The History channel at YouTube yesterday posted the entirety of the "America's Book of Secrets" episode from 2012 about the U.S. gold reserve at Fort Knox, an episode in which GATA has a prominent part.
The program has been rebroadcast in syndication on cable television networks many times in the last 13 years, but it may be of interest to those who haven't seen it already.
... Dispatch continues below ...
... ADVERTISEMENT ...
China's gold imports surge to 11-month high despite record prices
Submitted by admin on Wed, 2025-05-21 11:11 Section: Daily DispatchesBy Yihui Xie
Bloomberg News
Tuesday, May 20, 2025
China imported the most gold in nearly a year last month despite record prices, after heightened demand for the precious metal prompted the central bank to ease restrictions on bullion inflows.
Total gold imports to the country reached 127.5 metric tons, a 11-month high, according to customs data released today. This represents a 73% jump from a month earlier, even after gold hit successive all-time highs, at once point touching $3,500 an ounce.
... Dispatch continues below ...
Charlie Garcia: Why is the Fed quietly buying billions in bonds and hoping nobody notices?
Submitted by admin on Tue, 2025-05-20 08:22 Section: Daily DispatchesBy Charlie Garcia
MarketWatch, New York
Saturday, May 17, 2025
The U.S. Federal Reserve just pulled off something stealthy. Over four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That's $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. Not exactly small change.
... Dispatch continues below ...
... ADVERTISEMENT ...
