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Daily Dispatches
Adam Sharp: The great gold leasing conspiracy
Submitted by admin on Fri, 2025-03-14 19:20 Section: Daily DispatchesBy Adam Sharp
The Daily Reckoning, Baltimore
Friday, March 14, 2025
For decades, we gold bugs have whispered about a grand conspiracy.
The theory is that governments and central banks have suppressed the price of gold and silver. The purpose of this manipulation would be to prop up fiat currencies by limiting the gains in precious metals.
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On LFTV, Maguire and Hemke discuss big changes in silver market
Submitted by admin on Fri, 2025-03-14 17:04 Section: Daily Dispatches5p ET Friday, March 14, 2025
Dear Friend of GATA and Gold:
This week's edition of Kinesis Money's "Live from the Vault" program has London metals trader Andrew Maguire interviewing TF Metals Report publisher Craig Hemke about silver's rise, increasing silver deliveries from the New York Commodities Exchange, and indications of a profound changes in the silver market.
The program is an hour long and can be viewed at YouTube here:
Drill more, mine more on public lands, U.S. interior secretary urges
Submitted by admin on Wed, 2025-03-12 19:39 Section: Daily DispatchesBy Timothy Gradner
Reuters
via Yahoo News, Sunnyvale, California
Wednesday, March 12, 2025
HOUSTON -- U.S. Interior Secretary Doug Burgum told a packed room of energy executives today that he wants their industries to ramp up drilling and mining on America's public lands, telling the crowd: "We love you!"
Burgum's comments to the CERAWeek energy conference in Houston underscored the agenda of President Donald Trump, a Republican, to unfetter fossil fuels and metals production by slashing as much red tape as possible.
Paul Brownstein: LBMA -- What comes next
Submitted by admin on Wed, 2025-03-12 19:31 Section: Daily Dispatches7:30p ET Wednesday, March 12, 2025
Dear Friend of GATA and Gold:
Market analyst Paul Brownstein today itemizes the signs that the paper gold system is crumbling, wealth is being transferred in huge amounts, and capital controls and more government interventions in the markets are becoming inevitable.
His analysis is headlined "LBMA: What Comes Next" and it's posted at his internet site, Charts and Parts, here:
HSBC's head of precious metals retires
Submitted by admin on Wed, 2025-03-12 09:03 Section: Daily DispatchesBy Jack Farchy and Jack Ryan
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, March 7, 2025
HSBC Holdings Plc's head of precious metals Paul Voller has retired from the bank, one of the leading players in the global gold market, according to people familiar with the matter.
Voller, who joined the lender in London directly from school in 1984, had led HSBC's precious metals business from New York for the past 12 years. He retired last month, one of the people said, asking not to be identified as the information isn't public.
Please help GATA stay in the fight until victory
Submitted by admin on Mon, 2025-03-10 19:49 Section: Daily Dispatches7:45p ET Monday, March 10, 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.
Idaho eliminates income taxes on gold and silver
Submitted by admin on Mon, 2025-03-10 19:34 Section: Daily DispatchesFrom Money Metals News Service
Eagle, Idaho
Friday, March 7, 2025
Idaho yesterday formally ended state income taxes on gold and silver as part of its largest tax cut in state history.
House Bill 40, sponsored by House Speaker Mike Moyle and begrudgingly signed by the state's liberal Republican governor, Brad Little, provides a sweeping $253 million income tax cut for Idaho taxpayers by lowering the rate from 5.695% to 5.3% while also adding two specific exemptions.
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Vince Lanci: The gold carry trade is being unwound at last
Submitted by admin on Mon, 2025-03-10 10:59 Section: Daily Dispatches11a ET Monday, March 10, 2025
Dear Friend of GATA and Gold:
In a 21-minute video posted at Gold-Eagle, market analyst Vince Lanci argues that the big recent shipments of gold from London to the United States constitute the unwinding of the gold carry trade begun by the U.S. during the Clinton administration for gold price suppression purposes.
That is, the gold is being put back where it was only pretended to be for decades when it was really being leased, rehypothecated, and sold to protect the ever-inflated U.S. dollar against competition.
If normality returned, how many zeroes would have to be put behind the gold price?
Submitted by admin on Mon, 2025-03-10 10:36 Section: Daily Dispatches10:40a ET Monday, March 10, 2025
Dear Friend of GATA and Gold:
What might the price of gold have to be return the United States to a more traditional and sustainable level of debt relative to gross domestic product?
GATA consultant Robert Lambourne attempted such a calculation the other day and it shows how out of whack the gold price has become after decades of Western central bank gold price suppression policy.
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Jim Rickards: If you ask about gold leasing you're 'tampering with the primal forces'
Submitted by admin on Sat, 2025-03-08 22:34 Section: Daily Dispatches10:42p ET Saturday, March 8, 2025
Dear Friend of GATA and Gold:
Market analyst and author James G. Rickards this week schooled ITM Trading's Daniela Cambone about the gold depository at Fort Knox.
A visit to Fort Knox by President Trump and his adviser Elon Musk would be, Rickards says, "the mother of all photo ops," but the gold is still there, even if all of it isn't of the highest purity.
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