Daily Dispatches

What's the 'conundrum'? As long as the UK refuses to recognize Venezuela's government, the Bank of England remains free to swap and lease the country's impounded gold for price control. Indeed, maybe the gold already has been swapped and leased a dozen times.

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By Richard Partington
The Guardian, London
Tuesday, January 6, 2026

By Alasdair Macleod
GoldMoney, Toronto
Friday, January 2, 2026

Precious metal bulls will feel vindicated, but the rise in prices indicates something darker: The dollar's decline is accelerating, barreling toward the end of the fiat currency era.

By Graham Summers
Phoenix Capital Research, Charlottesville, Virginia
Friday, January 2, 2026

Panic is beginning to show up in the financial system.

As I noted earlier this week, rumors are swirling that a large, systemically important financial institution is being forced to liquidate its precious metal short positions. We get strong evidence of this from the CME Group, which has suspiciously raised margins on precious metals futures trading for the second time in one week. (First on December 26 and again on December 31.)

From the Sound Money Defense League, Eagle, Idaho
Friday, January 2, 2026

Washington state will begin penalizing citizens for protecting their savings in precious metals, imposing a sales tax on all new purchases as of January 1.

While a number of states have ended state sales taxes on gold and silver purchases in recent years, Washington politicians decided to lash out against the public despite a growing affordability crisis, penalizing citizens who seek to insulate themselves financially.