Alasdair Macleod: Surreal markets
Submitted by admin on Fri, 2026-04-17 09:51 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, April 17, 2026
In short supply already, anyone can see that demand for gold and silver will increase substantially. Yet markets are worryingly complacent, and it's not just in precious metals.
Surreal hardly describes it. Equities are hitting new highs on the back of little more than Truth Social posts. The guys below appear representative of today's investors.
First, let's look at last week’s events for gold and silver. ...
... For the remainder of the analysis:
Wall Street Journal starts to give gold its due
Submitted by admin on Fri, 2026-04-17 09:25 Section: Daily DispatchesOur Long Love Affair with Gold
By Lane Florsheim
The Wall Street Journal, New York
Thursday, April 16, 2026
Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation.
Indian banks halt gold and silver imports amid delay in govt. clearance, sources tell Reuters
Submitted by admin on Fri, 2026-04-17 08:34 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Friday, April 17, 2026
MUMBAI, April 17 (Reuters) -- Indian banks have halted gold and silver import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government order has not been issued authorizing bullion imports, trade sources said.
Without fresh imports, India could face supply shortages, as the world's second-largest gold consumer and biggest silver buyer relies on overseas purchases to meet nearly all its demand.
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Lawsuit challenges Texas' ability to issue commemorative coins
Submitted by admin on Thu, 2026-04-16 17:35 Section: Daily DispatchesBy Kim Roberts
The Texan, Austin
Thursday, April 16, 2026
A recent federal lawsuit doesn't dispute the value of a gold bullion coin, but questions who has the right to put the image of Texas on its face.
Texas Precious Metals, a Texas company based in Shiner with its own private precious metal bullion brand, has sued Acting Comptroller of Public Accounts Kelly Hancock for infringing on its intellectual property rights and exceeding his statutory authority in operating the Texas Bullion Depository by offering its own gold and silver coins.
CFTC chairman to examine national security risks from geographical concentration of monetary metals depositories
Submitted by admin on Thu, 2026-04-16 17:27 Section: Daily DispatchesFrom the Sound Money Defense League
Eagle, Idaho
Thursday, April 16, 2026
WASHINGTON -- At today's U.S. House Agriculture Committee oversight hearing, Commodities Futures Trading Commission Chairman Michael Selig applauded and pledged to assist the efforts by two members of Congress who recently introduced the "System Integrity through Licensed Vault Expansion and Resilience Act," or the SILVER Act.
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Kansas Legislature creates state capital-gains tax exemption for gold and silver
Submitted by admin on Tue, 2026-04-14 14:20 Section: Daily DispatchesBy Tim Carpenter
Kansas Reflector, Washington, D.C.
Monday, April 13, 2026
TOPEKA, Kansas -- Republican state Sen. Michael Murphy sold the Kansas Legislature on granting investors in gold and silver an exemption from state capital gains tax by noting the insightful allegory about monetary policy woven into "The Wonderful Wizard of Oz."
