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Daily Dispatches

Serbia will hold all its gold at home, shunning global hubs

Section: Daily Dispatches

By Misha Savic and Jack Ryan
Bloomberg News
Thursday, July 24, 2025

Serbia's central bank plans to bring all of its roughly $6 billion worth of gold reserves onto its own soil to ensure the security of the hoard in periods of crisis.

That will make Serbia the first eastern European country not to hold any of its bullion in traditional hubs like Switzerland, the United Kingdom, and the United States.

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China's Zijin leads race to buy Barrick's Ivory Coast Tongon gold mine, sources tell Reuters

Section: Daily Dispatches

By Maxwell Akalaare Adombila
Reuters
Wednesday, July 23, 2025

DAKAR, Senegal -- China's Zijin Mining is the front-runner to acquire Barrick Mining's Tongon gold mine in northern Ivory Coast for up to $500 million, two sources close to the matter told Reuters.

Barrick, the world's third largest gold producer, is pivoting toward high-margin, long-life assets, with a growing focus on copper and strategic operations in Africa and the Middle East.

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Jp Cortez: 400 Ph.D economists vs. one shiny rock

Section: Daily Dispatches

By Jp Cortez
Money Metals Exchange, Eagle, Idaho
Tuesday, July 22, 2025

On Monday, Treasury Secretary Scott Bessent called for a full review of the Federal Reserve system. He said on CNBC's "Squawk Box," "I think what we need to do is examine the entire Federal Reserve institution and whether they have been successful."

It's a completely legitimate statement, but Bessent is a bizarre messenger for it.

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Gold outperformed every major asset class in first half of this year

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, July 21, 2025

Gold was up nearly 26% through the first six months of 2025, ranking as the top-performing asset class.

This booming performance continued the momentum built in 2024 when gold surged by 26.5%.  

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Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver

Paul Brownstein: Silver is the financial system's canary

Section: Daily Dispatches

By Paul Brownstein
ChartsAndParts.Substack.com
Monday, July 21, 2025

Everything in silver is getting so, so stretched. It's hard to imagine this game going on much longer. Harder still to imagine what happens when it ends.

This isn't just about silver. It's about fragility, exposure, and cracks in a system designed to hold -- until it can't.

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Adam Sharp: The story behind silver's 30x move

Section: Daily Dispatches

By Adam Sharp
Daily Reckoning, Baltimore
Monday, July 21, 2025

In 1970 silver traded at around $1.60 per ounce. By its peak in 1980, it reached $49.45. A handsome 30x return.

The story of how it got there is full of intrigue and conspiracy. We’ll get to that. But first, a little background is in order.

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Singapore dollar exhibits safe-haven currency features but it's no yen or Swiss franc yet

Section: Daily Dispatches

By Lim Hui Jie
CNBC, New York
Monday, July 21, 2025

In times of uncertainty, investors turn to safe-haven assets — gold, Treasuries as well as currencies such as the Japanese yen, U.S. dollar and the Swiss franc. These assets are expected to retain or increase their value during periods of market turbulence.

Play silver's breakout by donating to GATA

Section: Daily Dispatches

11:28a ET Sunday, July 20, 2025

Dear Friend of GATA and Gold:

Like gold, silver now seems to be breaking out of its longstanding derivatives clutches engineered by the U.S. government and its investment bank agents. But this largely surreptitious manipulation of the monetary metals markets hasn't been overthrown yet.

On LFTV, Maguire and Macleod discuss debt trap and derivatives risk

Section: Daily Dispatches

8:53a ET Saturday, July 19, 2025

Dear Friend of GATA and Gold:

This week's edition of Kinesis Money's "Live from the Vault" is a discussion between London metals trader Andrew Maguire and economist, market analyst, and newsletter writer Alasdair Macleod about the debt trap in which most major Western countries are caught. They also review the threat to the Western financial system posed by gold derivatives unbacked by real metal.

The program is 56 minutes long and can be viewed at YouTube here:

Alasdair Macleod: Silver leads the way higher

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, July 18, 2025

Silver swaps are facing a short squeeze in poor liquidity, with lease rates on the September Comex contract at over 5%. Gold continues to consolidate in a bullish pennant formation.

This week gold continued its consolidation, while silver squeezed higher from Wednesday onwards. In European trade this morning, gold was $3350, down a paltry $5 from last Friday’s close. Silver was $38.35, barely changed on balance.

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