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Daily Dispatches
Congratulations, Kitco! We've got your tinfoil hat
Submitted by admin on Wed, 2025-02-19 05:35 Section: Daily Dispatches5:36a ET Wednesday, February 19, 2025
Dear Friend of GATA and Gold:
Times really are changing.
Gold and silver news and data internet site Kitco.com, which for years disparaged and then for more years ignored complaints of gold price suppression by Western governments and central banks, apparently can ignore them no longer.
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Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico
Gold revaluation risks 'messy' outcome for Fed, Wrightson says
Submitted by admin on Wed, 2025-02-19 05:21 Section: Daily DispatchesBy Alexandra Harris
Bloomberg News
via Yahoo News, Sunnyvale, California
Tuesday, February 18, 2025
Revaluing the U.S. gold stockpiles might look tempting under debt-ceiling constraints but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve's balance-sheet unwind, according to Wrightson ICAP.
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LBMA's gold shortage exposed: Spreads widen as paper market crumbles
Submitted by admin on Mon, 2025-02-17 22:35 Section: Daily DispatchesFrom Bullion Star, Singapore
Monday, February 17, 2025
Over the past few weeks, financial markets have experienced an unprecedented widening of spreads between spot and futures prices for both gold and silver.
Traditionally narrow, these spreads have expanded to as much as USD $60 for gold and over USD $1 for silver. This significant discrepancy has created unique arbitrage opportunities, prompting substantial flows of physical metals from London to New York, as traders capitalize on lower spot prices in London and higher futures prices in New York.
Musk signals DOGE will look into gold at Fort Knox
Submitted by admin on Mon, 2025-02-17 17:27 Section: Daily DispatchesBy Alex Gangitano
The Hill, Washington
Monday, February 17, 2025
Tech billionaire Elon Musk signaled today that he will be looking into Fort Knox, where the United States has a massive and heavily secured gold reserve.
"Looking for the gold at Fort Knox. ..." Musk wrote on the social platform X.
He also shared a post from Sen. Mike Lee, R-Utah, on X, in which the senator said he has been denied access to Fort Knox, an Army installation in Kentucky.
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Jp Cortez in NY Sun: Will Musk join sound money campaign for U.S. gold reserve audit?
Submitted by admin on Mon, 2025-02-17 16:53 Section: Daily DispatchesBy Jp Cortez
The New York Sun
Monday, February 17, 2025
An X exchange over the weekend is bringing new light to an issue long shrouded in mystery -- the status of America's purported stockpile of 8,133 tons of gold stored at Fort Knox and other government vaults across the country.
Agnico Eagle could displace Barrick from No. 2 gold ranking
Submitted by admin on Mon, 2025-02-17 11:10 Section: Daily DispatchesFrom Bloomberg News
Friday, February 14, 2025
Agnico Eagle Mines Ltd. is threatening to snag the title of world’s second-largest gold producer from one of its top rivals.
The Canadian mining company aims to churn out 3.3 million to 3.5 million bullion ounces this year, according to full-year earnings posted Thursday. That’s on par with Barrick Gold Corp., which is currently the No. 2 gold miner.
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It's not just the metal in the vault but the many possible claims against it
Submitted by admin on Sun, 2025-02-16 21:15 Section: Daily Dispatches9:25p ET Sunday, February 16, 2025
Dear Friend of GATA and Gold:
London's Daily Mail has jumped on Elon Musk's interest in whether the U.S. government still has gold reserves at Fort Knox in Kentucky --
https://www.dailymail.co.uk/news/article-14403697/gold-reserve-doge-audit-fort-knox-elon-musk.html
-- but no one yet seems to be addressing the key detail.
We're close to winning but we need your help tonight
Submitted by admin on Sun, 2025-02-16 19:37 Section: Daily Dispatches7:36p ET Sunday, February 16, 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: the collapse of the derivatives-based gold price suppression system.
Gold price suppression is almost a respectable topic now, even if GATA is still not respectable enough to get mentioned by mainstream financial news organizations even as we pummel them every day with evidence of their dishonesty.
Zero Hedge urges Musk to audit gold at Fort Knox and Sen. Paul wants to help
Submitted by admin on Sun, 2025-02-16 19:12 Section: Daily DispatchesBy Ryan King
New York Post
Sunday, February 16, 2025
Elon Musk could get a golden audit.
The world's richest man got encouragement Sunday to bring his cost-cutting Department of Government Efficiency into one of the most secure places in the world: Fort Knox.
Sen. Rand Paul, R-Kentucky, called for a review of the vault’s massive gold reserves — worth an estimated $425 billion based on market rates -- in response to the tech mogul’s musings about the stash.
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Soaring gold becomes top 'Trump trade'
Submitted by admin on Sun, 2025-02-16 13:33 Section: Daily DispatchesAnd Barrick Gold CEO Mark Bristow acknowledges that gold isn't just money but the only reserve currency.
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By Leslie Hook and Ian Smith
Financial Times, London
Sunday, February 16, 2025
Gold has become the best performing "Trump trade" in recent weeks, outperforming other major asset classes since the U.S. president's inauguration, as fears of a trade war and a potential hit to global growth fuel demand for the haven metal.
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