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Daily Dispatches

Jan Skoyles: The cost of not holding gold is far higher than the cost of holding it

Section: Daily Dispatches

2:02p ET Tuesday, December 2, 2025

Dear Friend of GATA and Gold (and Silver):

In commentary today GoldCore's Jan Skoyles argues that the cost of holding gold -- the supposed lack of yield -- is now far exceeded by the cost of not holding it, the cost of not having some asset outside an increasingly creaky financial system, the cost of not having some asset without counterparty risk.

Skoyles' commentary is six minutes long and can be viewed at YouTube here:

Jensen and Jubert review silver's increasingly desperate short squeeze

Section: Daily Dispatches

1:47p ET Tuesday, December 2, 2025

Dear Friend of GATA and Gold (and Silver):

Financial bloggers David Jensen and GoldBroker's Cyrille Jubert today offer excellent and detailed analysis of what seems like an increasingly desperate short squeeze in silver.

Jensen's analysis is headlined "UBS Increases 2026 Silver Supply Deficit -- Is Silver About To Be 'Volkswagened'?" and it's posted at his site at Substack here:

Craig Hemke at Sprott Money: With silver, this time IS different

Section: Daily Dispatches

By Craig Hemke
Sprott Money, Toronto
Tuesday, November 2, 2025

After making new all-time intraday highs last week, there are all sorts of prognostications regarding what's next for the silver price. Let's discuss the most likely scenario today. 
 
First and foremost, we need to establish that this time is different. The situation economically, monetarily, and physically is entirely different from 1980 and 2011. 

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Silver extends record-breaking rally on tight global supplies

Section: Daily Dispatches

Yihui Xie, Preeti Soni, and Jack Ryan
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, December 1, 2025

Silver jumped to a fresh peak on Monday with traders placing speculative bets on ongoing supply tightness. Gold inched lower.

The white metal rose as high as $58.84 an ounce after soaring almost 6% on Friday. It has climbed for six consecutive sessions and has nearly doubled in value this year, outpacing the roughly 60% rally in gold.

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Brien Lundin: If metals correction isn't over, it almost is

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, December 1, 2025

I am never afraid to be wrong, and in this case I'll rejoice at the opportunity.

Over the last couple of weeks I have written that I expected the correction in the metals to last a little longer, perhaps to mid-December.

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U.S. runs biggest October budget deficit ever despite record tariff revenue

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Sunday, November 30, 2025

The federal government took in a record amount of tariff revenue in October. It also ran the highest October budget deficit on record.

The Trump administration spent $284.35 billion more than it took in to kick off fiscal 2026. That was about 10% higher than last year's October deficit and about $200 million more than the previous October record set in 2020 during the pandemic lockdown era.

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Ed Steer: Ted Butler's silver 'bonfire' has been lit

Section: Daily Dispatches

9:51a ET Sunday, November 30, 2025

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Ted Buterl's Silver 'Bonfire' Has Been LIt" and is posted in the clear at SilverSeek here:

https://silverseek.com/article/ted-butlers-silver-bonfire-has-been-lit

Nigeria ignites a global rebellion against the dollar rule

Section: Daily Dispatches

By Julius T. Jaesen II
Front Page Africa
Monrovia, Liberia
Friday, November 28, 2025

What happened in Nigeria recently isn't just another currency dispute. It's the moment the American empire's mask slipped completely off. 

President Trump just threatened military action against a sovereign African nation for making an economic decision about its own oil exports. 

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Maguire on LFTV: Profound shortages in silver, major rally imminent

Section: Daily Dispatches

5:12p ET Friday, November 28, 2025

Dear Friend of GATA and Gold (and Silver):

Gold and silver derivative prices in the West have lost relevance, London metals trader Andrew Maguire tells Kinesis Money's "Live from the Vault" program this week, except for big players who can turn the West's "mispricing" of derivatives into real metal accumulated in Shanghai.

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Alasdair Macleod: Silver and gold are becoming Giffen goods

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, November 28, 2025

In this report, we look at the factors driving gold and silver higher still.

During Thanksgiving week (U.S. markets were closed on Thursday) the bullish running has been made in Asia. In European trade this morning, gold was $4,173, up $90 from last Friday's close. Silver at $53.85, up $3.87 on the same time scale, was making the running. Overnight in Shanghai, spot silver spiked as high as $55.13, surpassing previous highs, and the February future closed at $56.

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