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Daily Dispatches
Babylon Bee: Tragic -- Doomsday prepper dies before the world ends
Submitted by admin on Tue, 2025-04-08 09:22 Section: Daily DispatchesFrom the Babylon Bee, Jupiter, Florida
Saturday, April 4, 2025
AVANT PRAIRIE, Texas -- In an ironic twist of fate, family members of a local doomsday prepper announced that he had died before the world ended.
Hank Klepper, a longtime believer that the United States would someday be invaded by China and everyone would be forced to eat rice, was found dead of a heart attack during a wellness check after he failed to accept a Door Dash delivery.
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China's central bank buys gold for fifth month as prices rally
Submitted by admin on Mon, 2025-04-07 14:00 Section: Daily DispatchesBy Yihui Xie
Bloomberg News
Sunday, April 6, 2025
China’s central bank added gold to its reserves for a fifth straight month in March, deepening its bet on the precious metal as a haven asset amid rising global trade and geopolitical turmoil.
Gold held by the People’s Bank of China rose by 0.09 million troy ounces last month, according to data released on Monday. The central bank’s recent run of buying started in November, after a six-month hiatus that followed an 18-month buying spree. ...
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Chinese buyers snapped up copper as prices plunged below $8,500
Submitted by admin on Mon, 2025-04-07 10:41 Section: Daily DispatchesBy Alfred Cang and Julian Luk
Bloomberg News
Monday, April 7, 2025
Chinese copper buyers used today's collapse in prices below $8,500 a ton to significantly increase purchases, traders said, helping to trigger a dramatic rebound even as a rout in other global markets deepened.
Russia's embrace of gold eases loss of reserves frozen by war
Submitted by admin on Mon, 2025-04-07 10:11 Section: Daily DispatchesFrom Bloomberg News
Monday, April 7, 2025
The value of Russia's gold reserves has surged by 72%, or $96 billion, since the beginning of 2022, according to central bank data. The physical amount of gold in the Bank of Russia's coffers hasn’t changed significantly over the last three years, remaining at around 75 million ounces, data shows.
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Next up for markets: A crisis of confidence in the dollar
Submitted by admin on Sat, 2025-04-05 19:17 Section: Daily DispatchesBy Dhara Ranasinghe, Alun John, and Gertrude Chavez-Dreyfuss
Reuters
Friday, April 4, 2025
LONDON -- In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it's a sign that the greenback's global standing may be eroding.
Alasdair Macleod: Navigating 'crashenomics'
Submitted by admin on Sat, 2025-04-05 15:01 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, April 4, 2025
President Trump's tariffs are imploding the global credit bubble, destroying everyones wealth. But the wise will see this as an opportunity to stack the ultimate refuge cheaply -- gold and silver.
Germany considers withdrawing gold stockpile from U.S. in riposte to Trump
Submitted by admin on Fri, 2025-04-04 18:28 Section: Daily DispatchesBy James Rothwell
The Telegraph, London
Friday, April 4, 2025
Germany is considering removing an enormous stockpile of gold from a vault in New York over worries about Donald Trump’s unpredictable policies.
For decades, Berlin has stashed 1,200 tons of its famous gold reserves, the second largest on the planet after those of the United States, in a vault deep underground at the U.S. Federal Reserve in Manhattan.
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Kentucky governor was sued over gold and silver taxes on day anti-tax law was passed
Submitted by admin on Fri, 2025-04-04 08:42 Section: Daily DispatchesBy Luca Aulback
Louisville Courier Journal
Friday, April 4, 2025
It didn't take long for a lawsuit to hit the courts after legislators passed a law giving Kentucky residents the power to sue the governor over taxes collected recently on gold and silver sales.
Gold recovers most of its losses while world markets sink
Submitted by admin on Thu, 2025-04-03 18:40 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch, New York
Thursday, April 3, 2025
Gold fell victim to a selloff in global markets today after President Donald Trump announced wide-ranging tariffs on foreign imports -- but it's still a clear-cut winner to hedge uncertainty, as bargain hunters helped prices for the precious metal recover much of their losses by the day's settlement.
Tariff exemptions end rush to get gold and silver into U.S.
Submitted by admin on Thu, 2025-04-03 09:28 Section: Daily DispatchesBy Jack Farchy
Bloomberg News
Thursday, April 3, 2025
A massive arbitrage trade that has drawn tens of billions of dollars' worth of gold and silver to the United States came to an abrupt halt with Wednesday's announcement that precious metals would be exempt from Donald Trump’s sweeping tariffs.
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