You are here
Daily Dispatches
Reuters still thinks China's not reporting gold purchases is the same as not purchasing
Submitted by admin on Sat, 2024-09-07 14:30 Section: Daily DispatchesChina's Central Bank Pauses Gold Purchases for a Fourth Month in August
By Polina Devitt, Qiaoyi Li, and Ryan Woo
Reuters
Saturday, September 7 2024
China's central bank held back on buying gold for its reserves for a fourth straight month in August, official data showed on Saturday.
China's gold holdings stood at 72.8 million fine troy ounces at the end of last month. The value of the gold reserves, however, rose to $182.98 billion compared with $176.64 billion at the end of July.
... Dispatch continues below ...
Interviewed by Money Metals, GATA secretary explains central banking's hostility to gold
Submitted by admin on Sat, 2024-09-07 00:23 Section: Daily Dispatches12:23a Saturday, September 7, 2024
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed this week by Mike Maharrey of Money Metals, explaining the longstanding hostility of central banks to gold and their aggression against the monetary metal, a powerful competitor to their own currencies. GATA's work is also discussed, along with gold's hastening progress toward restoration as the world reserve currency.
The interview is 35 minutes long, follows the Money Metals weekly market review, and can be heard or read in transcript form here:
Robert Lambourne: BIS gold swaps rose again in August
Submitted by admin on Fri, 2024-09-06 11:31 Section: Daily DispatchesBy Robert Lambourne
September 6, 2024
The August statement of account for the Bank for International Settlements has just been published:
Alasdair Macleod: Gold confiscation would be suicide for the dollar
Submitted by admin on Thu, 2024-09-05 13:57 Section: Daily Dispatches1:57p ET Thursday, September 5, 2024
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod today published in his proprietary letter on Substack a crucial and compelling analysis of the prospects for gold confiscation by governments and particularly the U.S. government.
Russia to sell lots more oil for gold
Submitted by admin on Thu, 2024-09-05 09:13 Section: Daily DispatchesBy Tim Zyla
Jerusalem Post
Wednesday, September 4, 2024
The Russian Finance Ministry announced it will exponentially increase its gold purchases beginning Friday.
According to Russian news agency Interfax --
https://interfax.com/newsroom/top-stories/105637/
-- the government will increase its gold purchases from 1.12 billion rubles per day to 8.2 billion rubles per day for the next month.
... Dispatch continues below ...
Stefan Gleason: Blundering miners are dumping every ounce they produce
Submitted by admin on Wed, 2024-09-04 20:31 Section: Daily DispatchesBy Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Tuesday, September 3, 2024
On an annual basis, global silver supply generated by mines seems to have run into a ceiling of about 1 billion ounces. Supply has essentially flat-lined over the past several years.
At the same time, explosive growth in demand from photovoltaics (solar panels) and electric vehicles is driving widening projected supply deficits for physical silver.
Ronan Manly: Central bank digital currencies are accelerating toward dystopia
Submitted by admin on Wed, 2024-09-04 10:15 Section: Daily DispatchesBy Ronan Manly
Bullion Star, Singapore
Wednesday, September 4, 2024
There is an ominous development gaining momentum across the world's financial systems that has the potential to undermine monetary and personal freedom yet remains largely under the radar for most of the world's population.
This development is the globally coordinated plan to roll out retail central bank digital currencies (CBDCs).
... Dispatch continues below ...
... ADVERTISEMENT ...
Argentina's central bank is sore that anyone might know what it's doing with gold
Submitted by admin on Mon, 2024-09-02 22:16 Section: Daily DispatchesArgentina Ships Gold Bars Abroad to Be Financially Certified
By Ignacio Olivera Doll
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, September 2, 2024
Argentina's central bank sent part of its gold reserves abroad in recent weeks to be validated for financial use, a move that could give the country some much-needed flexibility, according to people with direct knowledge of the matter.
On Liberty and Finance, GATA's Ed Steer details silver market manipulation
Submitted by admin on Sat, 2024-08-31 21:59 Section: Daily Dispatches9:58p ET Saturday, August 31, 2024
Dear Friend of GATA and Gold:
GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest letter, joins Dunagun Kaiser on YouTube's Liberty and Finance channel to discuss the concentrated and collusive short position in silver futures that suppresses the monetary metal's price. He believes that Asian demand for real metal will defeat the racket.
The discussion is 34 minutes long and can be viewed at YouTube here:
On LFTV, Bill Holter and Andrew Maguire discuss BRICS, gold, and market manipulation
Submitted by admin on Sat, 2024-08-31 20:34 Section: Daily Dispatches8:34p ET Saturday, August 31, 2024
Dear Friend of GATA and Gold:
Market commentator Bill Holter joins London metals trader Andrew Maguire on this week's edition of Kinesis Money's "Live from the Vault" program, discussing the likely incorporation of gold into the trading currency contemplated by the BRICS nations, as well as the longstanding manipulation of the monetary metals markets.
The discussion is an hour long and can be viewed at YouTube here:
Pages
