Physical demand is breaking gold and silver manipulation, Eric Sprott says
Submitted by admin on Fri, 2024-05-10 02:17 Section: Daily Dispatches1:19p ICT Friday, May 10, 2024
Dear Friend of GATA and Gold (and Silver):
Mining entrepreneur Eric Sprott, interviewed this week by the TF Metals Report's Craig Hemke on Sprott Money's "Ask the Expert" program, says demand from China and India for real metal is starting to break the longstanding Western-based manipulation of gold and silver prices.
U.S. Rep. Mooney introduces bill to end federal taxation on gold and silver
Submitted by admin on Wed, 2024-05-08 21:47 Section: Daily DispatchesFrom Money Metals News Service
Eagle, Idaho
Wednesday, May 8, 2024
U.S. Rep. Alex Mooney, R-West Virginia, has re-introduced sound-money legislation to remove all federal income taxation from gold and silver coins and bullion.
Help GATA -- and make money -- by subscribing to The Calandra Report
Submitted by admin on Wed, 2024-05-08 21:45 Section: Daily Dispatches8:44a ICT Thursday, May 9, 2024
Dear Friend of GATA and Gold (and Silver and other metals):
Mining company shares are taking off as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at Thomcalandra.com) is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold and silver explorers in the Yukon, Quebec, Nevada, Mexico, Ghana, and elsewhere.
Brien Lundin: Gold stocks aren't really so stuck in the mud
Submitted by admin on Wed, 2024-05-08 21:36 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Wednesday, May 8, 2024
The question I got more than any other at the recent Deutsche Goldmesse conference in Frankfurt was: Why haven't gold stocks responded to gold’s big run higher?
I had two answers for them:
1) The rally in gold had been so quick and dramatic that it took everyone by surprise. Investors felt they'd been left behind, and were waiting for a pull-back to get into the mining equities.
Gold bars sell fast in South Korea's convenience stores and vending machines
Submitted by admin on Wed, 2024-05-08 12:12 Section: Daily DispatchesBy Lee Ying Shan
CNBC, New York
Tuesday, May 7, 2024
Aside from ramen and sausages, South Korea's convenience stores have a new popular item on the menu -- gold bars.
The country's largest convenience store chain, CU, has been collaborating with the Korea Minting and Security Printing Corp. to offer customers mini gold bars -- and they're selling like hotcakes.
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Fed's revolving door spins again as Kaplan returns to Goldman Sachs
Submitted by admin on Wed, 2024-05-08 01:02 Section: Daily DispatchesGoldman Sachs Names Former Dallas Fed Chief Kaplan as Vice Chairman
By Saeed Azhar
Reuters
Tuesday, May 7, 2024
NEW YORK -- Goldman Sachs said today it had appointed Robert Kaplan, the former president of the Federal Reserve Bank of Dallas, as its vice chairman, adding an influential former policymaker and Goldman alumni to its management committee.
Kaplan will give strategic advice to the Wall Street giant's clients globally, working closely with its teams across global banking and markets, and asset and wealth management, the bank said in a statement.