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Daily Dispatches
Trump's reported choice for next Fed chief revealed gold swaps to GATA ...
Submitted by admin on Fri, 2025-04-18 19:42 Section: Daily Dispatches... and complained in the Wall Street Journal about policy makers 'suppressing market prices they don't like':
https://www.gata.org/node/7819
https://www.gata.org/node/10839
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Trump Is Reported Planning to Replace Jerome Powell as Federal Reserve chairman with Former Fed Governor Kevin Warsh
By Bryan Mena and Elisabeth Buchwald
CNN, New York
via Yahoo News, Sunnyvale, California
Friday, April 18, 2025
Adam Sharp: The 'too crowded' gold trade has little public participation
Submitted by admin on Fri, 2025-04-18 19:24 Section: Daily DispatchesBy Adam Sharp
The Daily Reckoning, Baltimore
Friday, April 18, 2025
According to the latest survey of fund managers by Bank of America, 49% say gold is the most crowded trade.
This marks the first time in two years that the Magnificent 7 tech stocks did not top the "overcrowded" survey.
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GATA needs your help, and there's silver in it for you
Submitted by admin on Fri, 2025-04-18 19:18 Section: Daily Dispatches7:18p ET Friday, April 18, 2025
Dear Friend of GATA and Gold:
We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise: the collapse of the derivatives-based gold price suppression system.
China will keep pushing up gold and soon will liberate silver, Maguire tells LFTV
Submitted by admin on Thu, 2025-04-17 22:35 Section: Daily Dispatches10:34p ET Thursday, April 17, 2025
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, interviewed by Shane Morand on Kinesis Money's "Live from the Vault" program this week, says unrelenting buying instigated or encouraged by China's government will continue to drive up the price of gold as the government unloads its U.S. Treasuries.
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Gold starts returning to Switzerland from U.S. after exclusion from tariffs
Submitted by admin on Thu, 2025-04-17 18:58 Section: Daily DispatchesFrom Reuters
Thursday, April 17, 2025
LONDON -- Gold, which traders have been flying to New York since December as a precaution against the possibility of broad U.S. tariffs hitting bullion imports, is being shipped back to Switzerland, where it came from, official data shows.
Swiss customs data today showed that the country's gold imports from the U.S. rose to a 13-month high of 25.5 metric tons in March, from 12.1 tons in February. Gold exports from Switzerland to the U.S. fell 32% month-on-month to 103.2 tons.
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Europe's financial watchdogs question safe-haven status of U.S. Treasuries
Submitted by admin on Thu, 2025-04-17 12:04 Section: Daily DispatchesBy Jorge Valero and Laura Noonan
Bloomberg News
Thursday, April 17, 2025
The head of Europe's insurance watchdog said the U.S. Treasury market's recent volatility is bringing into question its status as a safe haven.
Petra Hielkema, the chair of the European Insurance and Occupational Pensions Authority, made the comments last week as part of a presentation on behalf of European Union financial supervisors, according to people familiar with the matter.
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U.S. 'strong dollar' policy increasingly rings hollow
Submitted by admin on Wed, 2025-04-16 22:33 Section: Daily DispatchesBy Jamie McGeever
Reuters
Wednesday, April 16, 2025
ORLANDO, Florida -- U.S. Treasury Secretary Scott Bessent on Monday repeated the mantra we've heard from his nine predecessors:
"We have a strong dollar policy."
While the words are familiar, the conviction behind them may have softened.
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First Majestic Mines Silver and Gold
in Mexico and Operates Bullion Store
India considers gold, silver imports from U.S. to bridge trade deficit
Submitted by admin on Tue, 2025-04-15 11:27 Section: Daily DispatchesHow generous of them!
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By Rajeev Yahaswal
Hindustan Times, New Delhi
Friday, April 11, 2025
NEW DELHI -- India is considering importing gold and other high-value items, including silver, platinum, and precious stones, from the United States to address Washington's concern about a significant trade deficit with India, two people aware of the matter said.
Ghana takes more control of domestic gold export market
Submitted by admin on Tue, 2025-04-15 10:44 Section: Daily DispatchesBy Christian Akorlie and Anait Miridzhanian
Reuters
Monday, April 14, 2025
ACCRA -- Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said Monday, as the West African country looks to streamline gold purchases from small-scale miners, increase earnings, and reduce smuggling.
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Gold-trading frenzy erupts in China as tensions with U.S. rise
Submitted by admin on Tue, 2025-04-15 09:23 Section: Daily DispatchesBy Yihui Xie
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, April 14, 2025
China saw an explosive surge in gold trading last week as the metal hit successive records and Sino-U.S. trade tensions rose.
The Shanghai Futures Exchange saw trading volumes of the precious metal hit the highest level in a year last week. That was thanks to investors and industry players -- refineries, traders and retailers -- who have ramped up hedging activities as global markets gyrate in response to trade policy changes in the United States and China.
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