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Daily Dispatches
Alasdair Macleod: Stop, thief!
Submitted by admin on Fri, 2026-06-19 11:44 Section: Daily DispatchesBullion banks and market makers know how to manipulate investor psychology.
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By Alasdair Macleod
GoldMoney, Toronto
Friday, June 19, 2026
They want your gold and silver, and they use every psychological trick to get you to hand them over.
The selloff in gold and silver continued this week, doubtless with the establishment’s paper shorts eying up the 4,121 tons held in gold exchange-traded funds: Shake the trees and some is bound to come out.
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Zimbabwe licenses second refinery to handle nation's rising gold output
Submitted by admin on Wed, 2026-06-17 11:55 Section: Daily DispatchesBy Godfrey Marawanyika
Bloomberg News
Wednesday, June 17, 2026
Zimbabwe has licensed a second gold refinery to handle purchases and processing of the southern African nation’s increasing output of the precious metal.
The refinery, to be located in the country’s second-biggest city Bulawayo, is due to be commissioned next year, according to government officials, who asked not to be identified discussing a confidential matter.
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Investors pile into bullish dollar bets as 'U.S. exceptionalism' trade returns
Submitted by admin on Wed, 2026-06-17 10:36 Section: Daily DispatchesBy Kate Duguid
Financial Times, London
Wednesday, June 17, 2026
Investors around the world are flocking back to the U.S. dollar in a bet that the AI boom will help the biggest economy to outshine its peers this year and force the Federal Reserve to keep interest rates high.
Wagers on a stronger dollar in the futures market last week rose by the most since 2018 to their highest level in more than a year, according to data from the Commodity Futures Trading Commission, a jump JPMorgan analysts attributed to investors' renewed belief in "U.S. exceptionalism."
Myrmikan's Dan Oliver: Time makes gold's correction look puny so ignore it
Submitted by admin on Tue, 2026-06-16 21:18 Section: Daily Dispatches9:16p ET Tuesday, June 16, 2026
Dear Friend of GATA and Gold:
In his new letter this week, Myrmikan Capital's Dan Oliver examines the recent "correction" in the gold price and concludes that while it is jarring, it is barely visible on a long-term chart.
Central banks expand bullion holdings as U.S. dollar's dominance wavers
Submitted by admin on Tue, 2026-06-16 16:33 Section: Daily DispatchesBy Julie Zhang
South China Morning Post, Hong Kong
Tuesday, June 16, 2026
Central banks are expected to expand their gold holdings, while the U.S. dollar's dominance in global reserves will fade in five years, according to the World Gold Council.
The push to accumulate gold reflects a broad de-dollarisation trend in recent years.
About nine in 10 central banks expect global central bank gold holdings to continue increasing over the next 12 months, according to the council's annual Central Banks Gold Reserves Survey.
Central banks repatriate gold as global insecurity rises
Submitted by admin on Tue, 2026-06-16 08:17 Section: Daily DispatchesBy Leslie Hook and Krishn Kaushik
Financial Times, London
Tuesday, June 16, 2026
Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.
The central banks of India and France are among those that have relocated huge volumes of gold out of the U.S. and U.K. in the past year to store more domestically -- part of a trend of the institutions bringing bullion home and diversifying the storage location of their reserves.
Singapore's central bank offers gold vaulting to other central banks and bullion banks
Submitted by admin on Mon, 2026-06-15 13:23 Section: Daily DispatchesBy Timothy Goh
The Straits Times, Singapore
Monday, June 15, 2026
Foreign central banks and sovereign entities will be able to store their gold reserves with the Monetary Authority of Singapore from October as Singapore strengthens its position as a regional hub for gold trading and storage.
Matthew Piepenburg: Who wins gold's race against the dollar?
Submitted by admin on Mon, 2026-06-15 12:45 Section: Daily DispatchesBy Matthew Piepenburg
Von Greyerz / Gold Switzerland, Zurich
Monday, June 15, 2026
Gold. It began the year with galvanic headlines and endless coverage.
Now, midway through that same year, having lost more than 25% from its January high of $5,600, many are wondering if peak gold is behind us in the wake of just another broken asset bubble.
Such concerns are understandable, even expected -- especially during a shakeout.
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There are still no markets anymore, just interventions
Submitted by admin on Mon, 2026-06-15 12:16 Section: Daily Dispatches12:20p Monday, June 15, 2026
Dear Friend of GATA and Gold:
Quoth the Raven's Chris Irons, whose brilliant diagnosis of the wealth inequality problem was published over the weekend and called to your attention here --
https://www.gata.org/node/24758
-- today marvels at the resilience of what the world still somehow calls its financial markets. His analysis, highlighted by ZeroHedge, is headlined "The Only Bear Case Left Is Extinction," is posted in the clear at his internet site here --
Singapore to launch gold clearing system in bid to become precious metals hub
Submitted by admin on Mon, 2026-06-15 08:41 Section: Daily DispatchesBy Owen Walker
Financial Times, London
Sunday, June 14, 2026
Singapore will launch an over-the-counter clearing system for gold this year, along with a vault service for central banks, as the city-state attempts to establish itself as a global trading hub for precious metals.
Several international banks, including JPMorgan, Deutsche, and DBS, will take part in the system, deputy prime minister Gan Kim Yong said this morning.
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