Physical gold and silver markets are leaving paper markets behind, Maguire tells LFTV
Submitted by admin on Sat, 2025-01-25 07:55 Section: Daily Dispatches7:56a ET Saturday, January 25, 2025
Dear Friend of GATA and Gold:
On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says that the markets for physical gold and silver have sharply separated from the paper markets, as indicated by rising gold lease rates, and that central banks, bullion banks, and even major investors have figured out the paper racket and are foiling it by taking delivery of real metal.
The program is 42 minutes long and can be viewed at YouTube here:
Alasdair Macleod: Will Comex face gold import tariffs?
Submitted by admin on Fri, 2025-01-24 13:48 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, January 24, 2025
For the last two weeks before and after Trump's inauguration on 20 January, gold has recovered to almost new highs in dollars.
In European trade this morning, gold was trading at $2,774, up $73 on the week, and silver was $30.85, up 53 cents, for a gold/silver ratio of nearly 90 times.
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Air Canada ordered to pay just $18,000 for stolen $24 million crate of gold
Submitted by admin on Fri, 2025-01-24 12:15 Section: Daily DispatchesBy Adrian Humphreys
National Post, Toronto
Thursday, January 23, 2025
In the messy aftermath of the Toronto airport gold heist, in which $24 million in gold bars and cash was driven away by thieves from an Air Canada warehouse, the airline has been ordered by the federal court to pay Brink's transport company just $18,600 in compensation for their huge loss because of poorly completed paperwork on the stolen shipment.
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Morgan Stanley finds 'silent plurality' ready to sell dollar
Submitted by admin on Fri, 2025-01-24 12:06 Section: Daily DispatchesBy Ruth Carson
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, January 24, 2025
Traders looking to sell the world's reserve currency are far more common than thought even as the dollar's dominance rips across markets, according to Morgan Stanley.
"While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more 'silent' plurality of investors looking to sell the dollar instead," strategists including David Adams wrote in a note. "Many have dry powder and are waiting for a sign to enter shorts."
Joshua D. Glawson: The five best books on sound money in 2025
Submitted by admin on Wed, 2025-01-22 19:46 Section: Daily DispatchesBy Joshua D. Glawson
Money Metals Exchange, Eagle, Idaho
Wednesday, January 22, 2025
Sound money, composed of gold and silver, has historically been a way to establish economic and financial stability, build wealth, plan for the future, and hedge against tyrannical government overreach.
Please help GATA financially and get a 1-ounce silver round commemorating our work
Submitted by admin on Wed, 2025-01-22 19:43 Section: Daily Dispatches7:43p ET Wednesday, January 22, 2025
Dear Friend of GATA and Gold:
Longstanding Western central bank policy of monetary metals price suppression has never been more vulnerable than it is today.
Governments and central banks around the world have been defecting from the policy this year, accumulating gold and silver instead of lending them.
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