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Daily Dispatches

Brien Lundin: China deal creates opportunities for gold shorts and longs

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, May 12, 2025

I haven't heard gold mentioned so much in the mainstream financial media at any other point in this new gold bull market.

At every market update on CNBC, for example, it seems the announcer is leading off with a note that gold has posted another $100 day. The metal has never before enjoyed such coverage.

The reason, of course, is because gold is down $100 today, instead of rising that much.

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Support GATA and get a commemorative 1-ounce silver round

Section: Daily Dispatches

1:36p ET Monday, May 12, 2025

Dear Friend of GATA and Gold:

We are so close to victory now. Gold is all over mainstream financial news organizations now even as they strive not to expose the real reasons for the monetary metal's spectacular rise in recent months: the ongoing collapse of the derivatives-based gold price suppression system.

On LFTV, Maguire and Schectman agree that gold is money forever

Section: Daily Dispatches

8:38a ET Sunday, May 11, 2025

Dear Friend of GATA and Gold:

Coin and bullion dealer Miles Franklin's Andy Schectman is London metals trader Andrew Maguire's guest on this week's edition of Kinesis Money's "Live From the Vault" program, and they discuss how gold has preserved wealth through centuries of monetary and political upheaval. 

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U.S. Global's Frank Holmes: Basel III makes it official that gold is money again

Section: Daily Dispatches

By Frank Holmes
U.S. Global Investors, San Antonio, Texas
Friday, May 9, 2025

For my entire decades-long career in capital markets, I've made the case that gold is not just a shiny relic of the past but a serious, strategic asset for modern investors. After years of pounding the table, it feels pretty good to say that the world's central banks -- and now the U.S. banking system -- are finally catching up.

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Selling of dollar assets signals start of longer-term shift, investors warn

Section: Daily Dispatches

By Ian Smith and Mary McDougall
Financial Times, London
Saturday, May 10, 2025

The dumping of U.S. assets in favor of Europe's resurgent markets signals the start of a much longer-term move by pension funds and other big institutional money managers to cut back their huge exposure to dollar investments, investors say.

Peru's emergency mining ban to cost $200 million in lost gold output

Section: Daily Dispatches

By Marcelo Rochabrun and James Attwood
Bloomberg News
Friday, May 9, 2025

Peruvian gold output is expected to be significantly dented in the coming month due to a mining ban in a northern region of the country that has seen an increase in criminal activity, culminating in the murder of 13 mine workers.

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First Majestic Announces Q1 Results with Record Cash Position 

Gold reserves in London vaults rise in April as bullion returns from U.S.

Section: Daily Dispatches

By Polina Devitt
Reuters
Thursday, May 8, 2025

LONDON -- The London Bullion Market Association said today that gold held in London vaults totalled 8,536 metric tons at the end of April, up 0.6% from the previous month, as more of the precious metal returned from New York to London after dislocation.

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First Majestic Announces Q1 Results with Record Cash Position 

Swiss pensions curb exposure to U.S. dollar assets amid debt, policy concerns

Section: Daily Dispatches

By Luigi Serenelli
Investments and Pensions Europe, London
Friday, May 9, 2025

Swiss pension funds are reassessing their exposure to U.S. dollar-denominated assets in light of rising hedging costs, growing concerns over U.S. fiscal policy, and increasing national debt levels.

Wall Street brings the bitcoin vs. gold clash to ETF masses

Section: Daily Dispatches

By Isabelle Lee
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, May 9, 2025

The culture clash between Bitcoin enthusiasts and gold bugs is about to be played out in the world of exchange-traded funds.

Tidal Financial Group this week filed to launch a pair of long-short trades -- pitting the world's biggest cryptocurrency against the shiny metal, and vice versa -- offering investors a high-conviction bet on the best alternative hedge, in one fell swoop.

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Poland's central bank claims to have more gold than European Central Bank

Section: Daily Dispatches

But please watch out, friends. Most of the Polish gold is said to be vaulted with you-know-who in London and New York. It might be more secure in Haiti or Sudan.

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From Notes from Poland, Krakow
Friday, May 9, 2025

The National Bank of Poland now holds 509.3 tonnes of gold, exceeding the reserves of the European Central Bank, says bank Governor Adam Glapinski says.

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