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Daily Dispatches
Lance Roberts: The dollar's plumbing: Conspiracy vs. data
Submitted by admin on Fri, 2026-03-20 19:57 Section: Daily DispatchesBy Lance Roberts
Real Investment Advice, Houston
Friday, March 20, 2026
Every few months a headline appears declaring that the U.S. dollar's reign as the world's reserve currency is over. China is dumping Treasuries. Central banks are hoarding gold. The BRICS are building a new monetary order. The sanctions that froze $300 billion of Russia's reserves in 2022 proved, the argument goes, that dollar-denominated assets are no longer safe. The "risk-free" asset has become a weapon.
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On Money Metals Exchange podcast, GATA secretary explains U.S. rigging of gold market
Submitted by admin on Fri, 2026-03-20 16:25 Section: Daily Dispatches4:29p ET Friday, March 20, 2026
Dear Friend of GATA and Gold:
Lawmakers introduce SILVER Act to de-risk U.S. precious metals market infrastructure
Submitted by admin on Thu, 2026-03-19 16:20 Section: Daily DispatchesFrom Money Metals News Service
Thursday, March 19, 2026
Two members of Congress have introduced the System Integrity through Licensed Vault Expansion and Resilience Act (SILVER Act), a measure aimed at modernizing the nation's precious metals storage framework and reducing systemic risks within U.S. financial markets.
The legislation, filed today by Rep. Russ Fulcher, R-Idaho, and Rep. Mark Harris, R-North Carolina, seeks to address longstanding geographic limitations on approved depositories for precious metals tied to regulated futures markets.
India's central bank ramps up derivatives tool to defend falling rupee
Submitted by admin on Thu, 2026-03-19 10:24 Section: Daily DispatchesIndia must be alone in such currency market intervention, right?
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By Subhadip Sircar and Bhaskar Dutta
Bloomberg News
Thursday, March 19, 2026
India ramped up use of a key tool for defending the rupee to record levels as the currency weakened to an all-time low against the dollar, according to people familiar with the matter.
Robert Lambourne: BIS obscures cause of January plunge in silver
Submitted by admin on Wed, 2026-03-18 13:41 Section: Daily DispatchesBy Robert Lambourne
Wednesday, March 18, 2026
In its quarterly report, published this week --
https://www.bis.org/publ/qtrpdf/r_qt2603.pdf
-- the Bank for International Settlements refers to the sharp decline in silver prices at the end of January. The report suggests that the price decline was caused by over-leveraged retail investors who held long positions in silver exchange-traded funds ETF and long positions on futures exchanges.
See Box C of the report on Page 15.
More state legislatures reject big-government 'transactional gold' boondoggles
Submitted by admin on Wed, 2026-03-18 12:24 Section: Daily DispatchesFrom the Sound Money Defense League
Charlotte, North Carolina
Tuesday, March 17, 2026
Kansas, Arizona, West Virginia, Indiana, and Kentucky are the latest states to reject elaborate government-run "transactional gold" schemes this legislative session.
These failed measures are increasingly being recognized as unwise policy that harms free-market competition, involves a large new government program, and serves only narrow vendor self-interests.
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Singapore gold sellers bring in more stock, build vaults to meet higher demand amid war
Submitted by admin on Wed, 2026-03-18 10:42 Section: Daily DispatchesBy Timothy Goh
Singapore Straits Times
Wednesday, March 18, 2026
Gold retailers in Singapore are boosting inventories to cater to higher demand for the precious metal amid the ongoing crisis in the Middle East.
Bullion dealers, jewelers, and pawnshops told The Straits Times that buying of the precious metal has surged in recent times amid ongoing geopolitical tensions and expectations of interest rate cuts.
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Indonesia tightens rules on dollar buying to stem outflows
Submitted by admin on Wed, 2026-03-18 10:29 Section: Daily DispatchesBy Grace Sihombing and Prima Wirayani
Bloomberg News
Tuesday, March 17, 2026
Indonesia's central bank tightened foreign-exchange regulations as policymakers in Southeast Asia's biggest economy try to soften the impact of the Middle East war on inflation and the rupiah.
Bank Indonesia also kept its benchmark BI-Rate at 4.75% on Tuesday, as predicted by all 30 economists in a Bloomberg survey. The rate has been steady since October, and the central bank omitted previously used language about seeking room to lower borrowing costs.
Silver rout was worsened by 'destabilizing' leveraged ETF, BIS says
Submitted by admin on Tue, 2026-03-17 22:28 Section: Daily DispatchesBy Jack Ryan
Bloomberg News
Monday, March 16, 2026
The worst silver sell-off in history at the end of January was accelerated by the growing footprint of retail investors in leveraged exchange-traded funds, according to the Bank for International Settlements:
The white metal collapsed as much as 36% on Jan. 30, its biggest one-day wipeout on record.
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London Metals Exchange halts trading amid 'technical outage'
Submitted by admin on Tue, 2026-03-17 10:26 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Monday, March 16, 2026
Trading was halted for nearly three hours on the London Metal Exchange on Monday afternoon due to a technical outage, during a period when the Iran war has triggered unusually high volatility for commodity prices.
All electronic contracts on the exchange -- which include copper, aluminium, nickel, and other metals -- stopped trading at about 2.44 p.m. local time, according to data from LSEG. Dealing resumed at 5.30 p.m.
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