Fed Chairman Powell says Trump administration threatens him with criminal indictment
Submitted by admin on Sun, 2026-01-11 21:38 Section: Daily DispatchesBy Howard Schneider and Ann Saphir
Rueters
Sunday, January 11, 2026
WASHINGTON -- The Trump administration has threatened to indict Federal Reserve Chair Jerome Powell over congressional testimony he gave last summer about a Fed building project, an action Powell called a "pretext" to gain more influence over the central bank and monetary policy.
Jay Morse of Shadow Stats: The silver gates have closed
Submitted by admin on Sat, 2026-01-10 17:21 Section: Daily Dispatches5:27p ET, Saturday, January 10, 2026
Dear Friend of GATA and Gold (and Silver):
Walter J. (John) Williams, the private consulting economist who publishes the ShadowStats economic letter, long has been an unsung hero of the struggle against gold and silver market rigging. GATA has cited his work many times over the years to show that understating inflation is U.S. government policy and is very much connected to the purposes of suppressing monetary metals prices.
Dimitri Speck sneaks a favorable reference to GATA into his new essay at Kitco
Submitted by admin on Fri, 2026-01-09 14:46 Section: Daily Dispatches2:48p ET Friday, January 9, 2026
Dear Friend of GATA and Gold:
Iran's ayatollah may be evacuating gold to Russia, Moscow Times says
Submitted by admin on Fri, 2026-01-09 14:32 Section: Daily DispatchesFrom the Moscow Times, Amsterdam
Friday, January 9, 2026
Russian military transport aircraft have begun making frequent flights to Tehran since the onset of mass protests spreading across Iran, threatening the current regime's. Russia may be providing military and technical support while simultaneously preparing for the evacuation of the supreme leader and his closest aides, including the removal of gold.
Russia similarly facilitated the escape of dictator Bashar al-Assad from Syria just over a year ago.
... Dispatch continues below ...
Turkiye to end cash transactions in gold trade under new tracking system
Submitted by admin on Fri, 2026-01-09 11:20 Section: Daily DispatchesComing soon to a 'land of the free' near you?
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From the Hurriyet Daily News, Istanbul
Thursday, January 8, 2026
Turkiye will introduce a comprehensive digital tracking system for precious metals in April, effectively ending cash transactions in gold trading and requiring all purchases and sales at jewelry shops to be conducted through banks, credit cards, or bank transfers.
Called the Precious Metal Tracking System, the new framework has been developed by the Turkish State Mint within the Treasury and Finance Ministry.
Alasdair Macleod: Physical shortage continues to drive silver
Submitted by admin on Fri, 2026-01-09 10:33 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, January 9, 2026
Chinese silver demand is on pause allowing prices to drift from all-time highs. Meanwhile, gold marches on towards a test of its post-Christmas highs.
However, the physical silver shortage is what matters and will continue to drive prices. In gold, there is a dawning realisation that there must be something solid behind its bull market, with speculators returning to Comex.
... Dispatch continues below ...
