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Daily Dispatches
Ed Steer: The Comex silver drain continues
Submitted by admin on Sun, 2026-10-11 10:16 Section: Daily Dispatches10:16a ET Sunday, October 11, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "The Comex Silver Drain Continues" and is posted in the clear at GoldSeek's companion site, SilverSeek, here:
Stuart Englert: Financial freedom vs. debt bondage
Submitted by admin on Sat, 2026-10-10 11:03 Section: Daily DispatchesBy Stuart Englert
StuartEnglert.Substack.com
Thursday, October 8, 2026
Equating gold with financial independence has been a tenet of sound money advocates for more than two centuries.
"Gold is freedom" is the common refrain.
If gold is an instrument of economic autonomy and fiscal liberation, debt-based fiat currency is a tool of financial servitude and enslavement, since nearly every U.S. dollar is loaned and borrowed into existence, creating ever-larger financial liabilities and obligations for debtors and government taxpayers to repay.
At a Shenzhen market, 'golden week' tourists flock to buy discount gold jewelry
Submitted by admin on Sat, 2026-10-10 10:48 Section: Daily DispatchesBy Mia Nurmamat
South China Morning Post, Hong Kong
Saturday, October 10, 2026
For Xiao Lei, a gold seller in Shenzhen's Shuibei district, China's week-long National Day holiday has meant a rush of customers and a heavier workload, as shoppers flock to buy jewelry at lower prices.
Shuibei, a sprawling gold and jewelry trading district in a city better known for its technology industry, is one of China's largest wholesale hubs for the precious metal. Xiao said customer traffic at her shop had risen sharply during the holiday.
Alasdair Macleod: Oil is now driving gold higher
Submitted by admin on Fri, 2026-10-09 10:27 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, October 9, 2026
There's a growing correlation between oil and gold. Higher oil leads to higher bond yields, destabilising the dollar's value. The debasement trade is back on.
Paper bulls of gold and silver may be down in the dumps, but there's a quiet evolution in progress. And this is now evident in the relationship between gold and oil over the last three months.
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El-Erian and FT start to notice repeated market interventions by U.S. Treasury
Submitted by admin on Fri, 2026-10-09 10:09 Section: Daily DispatchesMaybe in another decade or two they'll get around to interventions against gold
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Repeated U.S. Treasury interventions risk an erosion of credibility
By Mohamed El-Erian
Financial Times, London
Thursday, October 8, 2026
https://www.ft.com/content/eec1e15d-78b9-4706-a518-2a9db4f37128?syn-25a6b1a6=1
Last week's official intervention against gold and silver will prompt more official buying
Submitted by admin on Thu, 2026-10-08 20:10 Section: Daily Dispatches8:10p ET Thursday, October 8, 2026
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 last week's smashing of gold and silver prices was an official intervention timed for the week-long closure of the Shanghai Gold Exchange, with 91 tonnes of "paper" gold and 1,400 tonnes of "paper" silver being sold.
Gold powerhouse Ghana seeks entry to Russia-China-backed BRICS bloc
Submitted by admin on Thu, 2026-10-08 19:06 Section: Daily DispatchesBy Solomon Ekanem
Business Insider Africa, New York
Thursday, October 8, 2026
Ghana has announced plans to formally apply for membership of BRICS, seeking India's backing as the West African gold powerhouse looks to deepen ties with an expanding bloc led by emerging-market powers including Russia and China.
Ghana's foreign affairs minister, Samuel Okudzeto Ablakwa, announced the decision Tuesday during a joint press briefing with visiting Indian External Affairs Minister S. Jaishankar.
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India scraps tax relief for gold imports, raising costs
Submitted by admin on Thu, 2026-10-08 08:59 Section: Daily DispatchesBy Shruti Srivastava and Preeti Soni
Bloomberg News
Thursday, October 8, 2026
India withdrew a tax benefit on gold, silver and platinum imported by banks and state-nominated agencies, subjecting shipments to a 3% levy and raising costs for the main channels supplying one of the world’s largest bullion markets.
Brien Lundin: The Fed trap is tightening
Submitted by admin on Wed, 2026-10-07 19:34 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Gold Opportunities, Metairie, Louisiana
Wednesday, October 7, 2026
Gold is getting punched in the mouth again today.
And if you've been following this bull market for any length of time, you know that's not necessarily a bad thing. In fact, it may be giving us exactly the opportunity we’ve been waiting for.
Because this gold bull market has changed.
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China's central bank adds gold in Sept. as bullion weakens
Submitted by admin on Wed, 2026-10-07 09:39 Section: Daily DispatchesBy Jessica Zhou
Bloomberg News
Wednesday, October 7, 2026
China added more gold to reserves last month, pushing a buying streak close to the two-year mark as prices weaken toward $4,000 an ounce.
Holdings of bullion at the People's Bank of China expanded by 740,000 ounces in September, marking the 23rd month of accumulation, according to data today. The central bank -- among the biggest gold buyers in the world -- has stepped up purchases in recent months after prices fell.
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