You are here
Daily Dispatches
Weekend edition of Ed Steer's Gold and Silver Digest is posted at SilverSeek
Submitted by admin on Sat, 2025-03-08 18:39 Section: Daily Dispatches6:45p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
GATA board member Ed Steer's weekend letter from Ed Steer's Gold and Silver Digest is headlined "Heavy Comex Silver Deposits Continue Unabated" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/heavy-comex-silver-deposits-continue-unabated-2025
On LFTV, Maguire says shortcovering in gold is getting hard to hide
Submitted by admin on Sat, 2025-03-08 17:56 Section: Daily Dispatches5:55p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Signs of shortcovering in the gold market are getting harder to hide, London metals trader Andrew Maguire tells this week's episode of Kinesis Money's "Live from the Vault" program. The bullion banks that used to sell gold unrelentingly are buying for their own accounts, he adds. He believes silver will follow gold's breakout soon.
The program is 53 minutes long and can be viewed at YouTube here:
BIS gold swaps remained extremely low in February
Submitted by admin on Sat, 2025-03-08 11:52 Section: Daily Dispatches12:02p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Gold swaps undertaken by the Bank for International Settlements remained extremely low in February, according to GATA consultant Robert Lambourne, who deciphers the bank's monthly statements of account to make plain what the bank refuses to do except in its annual report.
Lambourne writes that the bank's February statement, published this week --
Jesse Colombo: Why it's finally silver's time to shine
Submitted by admin on Fri, 2025-03-07 20:18 Section: Daily Dispatches8:15p ET Friday, March 7, 2025
Dear Friend of GATA and Gold (and Silver):
In a video report at YouTube and commentary at Money Metals, market analyst Jesse Colombo shows evidence of long-running suppression of silver prices and argues that the monetary metal is nearing an upside breakout.
... Dispatch continues below ...
... ADVERTISEMENT ...
Are you ready to safeguard your assets using precious metals?
Alasdair Macleod: What do rising bond yields mean for gold and silver?
Submitted by admin on Fri, 2025-03-07 14:24 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, March 7, 2025
EU defence spending plans are driving German, French, and Italian bond yields higher. Japan’s are soaring too. The dollar is sinking.
What does it all mean for gold and silver?
... Dispatch continues below ...
... ADVERTISEMENT ...
USA Gold: Coins and Bullion Since 1973
China's central bank reports raising gold reserves for fourth straight month
Submitted by admin on Fri, 2025-03-07 14:17 Section: Daily DispatchesBy Yukun Zhang, Qiaoyi Li, and Polina Devitt
Reuters
Friday, March 7, 2025
China's gold reserves rose to 73.61 million fine troy ounces at the end of February from 73.45 million at the end of January, as the central bank kept buying the precious metal for a fourth straight month.
China's gold reserves were valued at $208.64 billion at the end of last month, up from $206.53 billion at the end of January, central bank data showed today.
... Dispatch continues below ...
... ADVERTISEMENT ...
In interview at PDAC, Eric Sprott forces Kitco to mention market manipulation
Submitted by admin on Wed, 2025-03-05 12:10 Section: Daily Dispatches12:08p ET Wednesday, March 5, 2025
Dear Friend of GATA and Gold (and Silver):
In an interview conducted during the PDAC conference in Toronto this week, mining entrepreneur Eric Sprott pushed silver market manipulation onto the Kitco internet site, which long has been suppressing the price-suppression issue. Silver's price has been manipulated for 50 years, Sprott says, and gold and silver mining company shares are very undervalued. He thinks the silver price could exceed $50 soon.
The interview with Sprott is 18 minutes and can be viewed at Kitco here:
Craig Hemke: What might 'monetizing the asset side' mean?
Submitted by admin on Wed, 2025-03-05 10:35 Section: Daily Dispatches10:35a ET Wednesday, March 5, 2025
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money, speculates today on what "monetizing the asset side" of the U.S. balance sheet might entail, particularly in regard to gold.
His analysis is headlined "To Monetize the Asset Side" and it's posted at Sprott Money here:
Gold payments for oil suspended by Ghana's central bank chief
Submitted by admin on Tue, 2025-03-04 21:58 Section: Daily DispatchesBy Ekow Dontoh, Moses Mozart Dzawu, and Ondiro Oganga
Bloomberg News
Sunday, March 2, 2025
Ghana's new central bank chief has suspended the West African nation's program of paying for oil with gold and said he expects the cedi to stabilize after its volatility of last year.
Clint Siegner: The revenge of the gold bugs
Submitted by admin on Tue, 2025-03-04 21:48 Section: Daily DispatchesBy Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, March 3, 2025
There aren't too many upsides to the widespread loss in confidence currently underway. It would be far better if major institutions were trustworthy, competent, and efficiently run. But fixing these institutions requires recognition of the problems.
The people who spent all of their time marginalizing gold bugs as nutjobs and conspiracy theorists are starting to find themselves out on the fringe.
... Dispatch continues below ...