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Daily Dispatches

Ed Steer's weekend commentary posted in the clear at SilverSeek

Section: Daily Dispatches

7p ET Monday, January 9, 2022

Dear Friend of GATA and Gold (and Silver):

The weekend edition of Ed Steer's Gold and Silver Digest, published by GATA board member Ed Steer, is headlined "Another 1.60 Million Ounces of Silver Withdrawn From SLV" and it's posted in the clear at GoldSeek's companion site, SilverSeek, here:

Gold still outshines stocks and bonds since the turn of the century

Section: Daily Dispatches

By William Watt
Dow Jones, New York
via Morningstar, Chicago
Saturday, January 6, 2024

https://www.morningstar.com/news/marketwatch/20240106258/gold-still-outshining-stocks-and-bonds-since-the-turn-of-the-century

Stocks outpaced gold in 2023, but the yellow metal still has posted stronger annualized returns since the turn of the century, according to S&P Dow Jones Indices

Oklahoma lawmakers ponder state gold and silver depository

Section: Daily Dispatches

By Randy Krehbiel
Tulsa World, Tulsa, Oklahoma
Friday, January 5, 2024

What Oklahomans don't long for a state-operated Fort Knox to store their gold and silver bullion?

OK, probably not that many. But also maybe more than the average person might think.

... Dispatch continues below ...


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Joshua D. Glawson: The untold history of the Secret Service, America's fiat-money Gestapo

Section: Daily Dispatches

By Joshua D. Glawson
Money Metals Exchange, Eagle, Idaho
Friday, January 5, 2024

There is an untold story in American monetary history. Some are reluctant even to discuss it.

I'm referring to the U.S. Secret Service's very own role in the destruction of sound money in America.

Endeavor Mining chief dismissed over $5.9 million 'irregular payment'

Section: Daily Dispatches

By Harry Dempsey
Financial Times, London
Friday, January 5, 2024

Endeavour Mining, one of the world's top gold producers, has fired boss Sébastien de Montessus for alleged "serious misconduct" after discovering an allegedly irregular multimillion-dollar payment instruction.

The FTSE 100 company said in a statement on Thursday that the dismissal of de Montessus as president and chief executive would take place "with immediate effect." It also said it had received separate allegations regarding his personal conduct with colleagues.

Metals market riggers aren't beaten yet, GATA chairman tells GoldSeek Radio

Section: Daily Dispatches

7:15p ET Thursday, January 4, 2024

Dear Friend of GATA and Gold:

Gold seems to be breaking away from its Western price controllers but not silver, GATA Chairman Bill Murphy tells GoldSeek Radio's Chris Waltzek. But, Murphy adds, the "bad guys" have yet to be defeated.

The interview is 13 minutes long and can be heard at GoldSeek here:

https://goldseek.com/article/goldseek-radio-nugget-bill-murphy-has-gold-cartel-lost-control-gold-price

Gold demand hits record high amid global turbulence, Royal Mint says

Section: Daily Dispatches

By Melissa Lawford
The Telegraph, London
via Yahoo News, Sunnyvale, California
Wednesday, January 3, 2024

Investors flocked to gold in record numbers in 2023 as global economic turbulence triggered a flight to safety, according to the Royal Mint.

The number of people buying gold and precious metal bars and coins jumped by 7% year-on-year, surpassing the highs of the 2020 lockdown investing boom.

... Dispatch continues below ...


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New York Sun: Our $34 trillion debt is turning the states to gold

Section: Daily Dispatches

From The New York Sun
Wednesday, January 3, 2024

Just as we were set to mark our national debt crossing $34 trillion, the Mises Institute sends a note steering its fans to the Sound Money Index, ranking the states by the degree to which they provide an environment for honest money. 

The index, produced by the Sound Money Defense League and Money Metals Exchange, records that the classical monetary metals, gold and silver, discover the value of fiat currencies like the dollar, not the other way around.

Man found £2 million in gold bars hidden inside Iraqi tank he bought on eBay ...

Section: Daily Dispatches

... but he got nothing out of it and now they probably already have been rehypothecated a dozen times by the Bank of England and the London Bullion Market Association.

* * *

By Tom Cotterill
Daily Mail, London
Tuesday, January 2, 2024

A military buff who bought a tank on eBay and discovered L2million of gold bars hidden inside says he regrets handing in the hidden treasure. 

Nick Mead discovered the five gold bars stashed inside the diesel tank of the ex-Iraqi Army Type 69, a Chinese copy of the Soviet T-55, back in 2017. 

Guy Christopher: The seven biggest lies told (and believed) about gold

Section: Daily Dispatches

By Guy Christopher
via Money Metals Exchange, Eagle, Idaho
Tuesday, December 26, 2023

It's hard to say which lie about gold is the biggest whopper.

Many widely held beliefs about gold are lies -- propaganda hammered home to have us believe that the only true measure of wealth is government-issued debt.

Big Lie #1: Gold is a barbarous relic.

Repeated for decades, this misquote of 20th-Century socialist economist John Maynard Keynes perpetuates a lie exploited as an almost biblical prophecy of gold's demise.

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