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Daily Dispatches
Anglo American to merge with Teck Resources in second-largest mining deal ever
Submitted by admin on Tue, 2025-09-09 10:55 Section: Daily DispatchesBy Clara Denina
Reuters
Tuesday, September 9, 2025
LONDON -- London-listed miner Anglo American and Canada's Teck Resources plan to merge, the two companies said today, marking the sector's second-biggest merger and acquisition deal ever and forging a new global copper-focused heavyweight.
Under the proposed deal, which still needs regulatory approval, Anglo American shareholders would own 62.4% of the newly combined company, Anglo Teck, while shareholders in Teck will hold 37.6%.
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Toby Nangle: Do central banks really have more gold than U.S. Treasury bonds?
Submitted by admin on Tue, 2025-09-09 09:11 Section: Daily DispatchesIf not, it at least has gotten close.
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By Toby Nangle
Financial Times, London
Tuesday, September 9, 2025
Some people have been getting excited about a chart purporting to show central banks owning more gold than U.S. Treasuries. Even Financial Times contributing editor Mohamed El-Erian recirculated it on LinkedIn.
Could this signal an inflection point for the post-Bretton Woods world?
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Putin adviser says U.S. plans to wipe out its $35 trillion debt by using crypto and gold market
Submitted by admin on Mon, 2025-09-08 16:45 Section: Daily DispatchesBy Manu Kaushik
The Times of India, Mumbai
Monday, September 8, 2025
Anton Kobyakov, a senior adviser to Russian President Vladimir Putin, has alleged that the United States is orchestrating a scheme to offload its $35 trillion national debt by leveraging cryptocurrencies and gold.
Silver borrowing costs surge on tariff-driven supply jitters
Submitted by admin on Mon, 2025-09-08 16:03 Section: Daily DispatchesBy Sybilla Gross
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, September 8, 2025
Surging lease rates for silver are once again upending the precious metals market, with traders fearing that possible U.S. tariffs could squeeze already tight supplies in London as price dislocations re-emerge between key trading hubs.
Washington last month categorized silver as critical to U.S. national security, fueling worries that its new status may draw the attention of President Donald Trump, who ordered an investigation into critical minerals in April.
Carol Roth: Gold might glitter but it's still money and taxes should treat it that way
Submitted by admin on Mon, 2025-09-08 11:29 Section: Daily DispatchesBy Carol Roth
Fox News, New York
Monday, September 8, 2025
Gold continues to shine brightly, hitting new all-time highs. A confluence of factors -- from central banks around the world on net reducing their U.S. dollar reserve holdings in favor of gold to concerns over inflation -- have been lifting the safe-haven precious metal’s price.
But there is one factor that continues to dim gold's luster: its tax treatment.
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Mike Dolan: Dollar's haven status may have always been a mirage
Submitted by admin on Mon, 2025-09-08 08:28 Section: Daily DispatchesBy Mike Dolan
Reuters
Monday, September 8, 2025
The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.
For much of the past 15 years, global investors have considered the dollar a natural hedge during economic and political shocks, allowing them to feel comfortable about amassing ever more U.S. assets while leaving their currency exposure largely unhedged.
Ed Steer's weekend gold and silver letter posted at SilverSeek
Submitted by admin on Sun, 2025-09-07 09:56 Section: Daily Dispatches9:56a ET Sunday, September 7, 2025
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "The U.S. Banks' Short Position in Silver Implodes" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/us-banks-short-position-silver-implodes
Chinese central bank announces it purchased gold for 10th straight month
Submitted by admin on Sun, 2025-09-07 08:46 Section: Daily DispatchesChina's Central Bank Extends Gold Buying to 10 Months
From Bloomberg News
via Yahoo News, Sunnyvale, California
Saturday, September 6, 2025
The People's Bank of China increased its gold holdings in August for a 10th month in a continued push to diversify its reserves away from U.S. dollars.
Bullion held by the central bank rose by 0.06 million troy ounces to 74.02 million troy ounces last month, according to data released Sunday. China began this round of gold purchases in November, accumulating a total of 1.22 million troy ounces over the period. ...
Jesse Columbo: A look at gold's breakout in multiple currencies
Submitted by admin on Sat, 2025-09-06 20:24 Section: Daily DispatchesExcellent charts in this analysis.
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By Jesse Colombo
The Bubble Bubble Report, Substack.com
Saturday, September 6, 2025
One of the trademarks of this newsletter is analyzing gold in multiple world currencies to determine whether it is truly firing on all cylinders, rather than behaving like a 12-cylinder Ferrari running on just six. That's how my dad used to describe me in grade school whenever I brought home a disappointing report card and clearly wasn't giving my all.
Alasdair Macleod: Gold and silver are front-running big changes in currencies
Submitted by admin on Sat, 2025-09-06 16:03 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, September 5, 2025
There's growing appreciation that the gold and silver bull has returned, though the reasons justifying it may not be apparent. But this week's price action is an important turning point.
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