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Daily Dispatches
Gold and its miners may enjoy a 'critical mineral' upgrade
Submitted by admin on Thu, 2025-07-03 07:01 Section: Daily DispatchesBy Clyde Russell
Reuters
Thursday, July 3, 2025
LAUNCESTON, Australia -- Is gold the next metal to be added to the list of "critical minerals"?
Gold is not a vital component of advanced manufacturing like other critical minerals such as rare earths, lithium, and copper.
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Texans now allowed to pay with gold and silver
Submitted by admin on Wed, 2025-07-02 21:08 Section: Daily DispatchesBy James Bickerton
Newsweek, New York
Wednesday, July 2, 2025
Texans are to be allowed to pay with with gold and silver for everyday transactions after Gov. Greg Abbott signed House Bill 1056 into law. The law, which was championed by Republican state Rep. Mark Dorazio, designates the precious metals as legal tender in the state.
Texans will be able to use their gold and silver holdings, stored in the state's bullion depository, for payments through electronic systems such as mobile apps or debit cards.
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Guess who is urging central banks to sell their gold reserves
Submitted by admin on Wed, 2025-07-02 14:37 Section: Daily DispatchesHe's no independent analyst.
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2:49p ET Wednesday, July 2, 2025
Dear Friend of GATA and Gold:
If there was a monthly award for celebrating the obvious, or one for deceitful propaganda, they well might go to Mark Sobel, U.S. chairman of the Official Monetary and Financial Institutions Forum, purportedly a research group that occasionally enables favored people to rub shoulders with central bankers. (People critical of central banking are carefully excluded from OMFIF functions.)
Florida ends all sales taxes on gold, silver, and platinum
Submitted by admin on Wed, 2025-07-02 10:10 Section: Daily DispatchesFrom the Sound Money Defense League, Eagle, Idaho
Wednesday, June 2, 2025
By signing sound money legislation this week, Florida Governor Ron DeSantis has ended Florida's discriminatory practice of assessing sales taxes on small purchases of gold, silver, or platinum bullion and coins.
Florida's House Bill 7031, a bill by the House Ways and Means committee, was considered by multiple House and Senate committees before passing overwhelmingly out of both chambers and reaching the governor's desk.
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BIS annual report again verifies GATA's calculations of the bank's gold swaps
Submitted by admin on Tue, 2025-07-01 14:02 Section: Daily DispatchesAs usual Lambourne is too modest to note that BIS annual reports REPEATEDLY have confirmed his calculations of the totals of the bank's secret gold swaps.
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By Robert Lambourne
July 1, 2025
Last weekend the Bank for International Settlements published its annual report for the year ending March 31, 2025:
Ambrose Evans-Pritchard: Fed independence is already dead, and Trump will get his monetary bailout
Submitted by admin on Tue, 2025-07-01 11:06 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, July 1, 2025
Central banks have no God-given right to independence. Nothing in the US constitution authorises the US Federal Reserve to act as a shadow government, and nor should it have such powers under any theory of accountable democracy.
Mali completes takeover of gold mines abandoned by foreign companies
Submitted by admin on Mon, 2025-06-30 20:20 Section: Daily DispatchesBy Maxwell Akalaare Adombila
Reuters
Monday, June 30, 2025
BAMAKO, Mali -- Mali has completed its takeover of the Yatela and Morila gold mines abandoned by their previous owners, the government announced at the weekend, but questions remain over how any untapped value can be released.
Connecticut ends state taxes on purchases of gold and silver
Submitted by admin on Mon, 2025-06-30 18:48 Section: Daily DispatchesFrom the Sound Money Defense League, Eagle, Idaho
Monday, June 30, 2025
Today Connecticut Gov. Ned Lamont, a Democrat, signed into law House Bill 7287, which includes a provision removing the last remaining state tax on purchases of gold, silver, platinum, and palladium bullion.
The Connecticut General Assembly originally considered a standalone sound money bill, carried by lead sponsor state Sen. John Fonfara, D-Hartford. The bill received a successful hearing before eventually being amended and absorbed into the state's budget bill.
Coal has been Australia's top commodity export but gold is gaining
Submitted by admin on Mon, 2025-06-30 10:06 Section: Daily DispatchesBy Clyde Russell
Reuters
Monday, June 30, 2025
LAUNCESTON, Australia -- For decades, coal was the bedrock of Australia's commodity exports before it lost its top status to iron ore as shipments of the steel raw material to China soared.
Now coal is at risk of being surpassed by gold.
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China's Zijin Mining buys Kazakhstan gold mine for $1.2 billion
Submitted by admin on Mon, 2025-06-30 09:51 Section: Daily DispatchesBy Rajasik Mukherjee
Reuters
June 29, 2025
China's biggest gold and copper producer Zijin Mining said today it had agreed to buy one of the largest gold mines of Kazakhstan, the Raygorodok Gold Mine, for $1.2 billion.
Zijin said its unit Zijin Gold International and Jinha Mining, a subsidiary of Zijin Gold, had inked a deal to acquire the rights of RG Gold LLP and RG Processing LLP, the Kazakhstan-based gold mining firms that currently own and operate the Raygorodok gold mine. ...
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