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Daily Dispatches

Please help GATA stay in the fight until victory

Section: Daily Dispatches

1p ET Friday, February 21, 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.

Barrick Gold signs agreement with Mali to end mining dispute, Reuters says

Section: Daily Dispatches

By Divya Rajagopal, Portia Crowe, and Giulia Paravicini
Reuters
Wednesday, February 19, 2025

Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost 2-year-old dispute over its mining assets in the West African country, four people familiar with the developments told Reuters on Wednesday.

Barrick has signed the agreement and it is now up to Mali's government to formally approve the deal, the sources told Reuters.

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Mike Maharrey: We don't have a penny problem but a money problem

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, February 18, 2025

My grandfather used to say, "Don't take any wooden nickels."

The idiom basically meant, "Be careful! Don't get cheated."

Back in the day, small banks and merchants sometimes handed out novelty wooden nickels as promotional items. Of course they had no value. You didn't want to get tricked into taking a wooden nickel instead of real money.

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Gold pares gains as Bessent plays down revaluing U.S. reserves

Section: Daily Dispatches

By Jack Ryan and Yvonne Yue Li
Bloomberg News
Wednesday, February 19, 2025

Gold pared gains after reaching a fresh record, as traders booked some profits after U.S. Treasury Secretary Scott Bessent dismissed speculation that the government might revalue its bullion holdings.

When discussing plans for a sovereign wealth fund, Bessent said revaluing U.S. gold reserves is "not what I had in mind."

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Trump backs confirming that gold remains at Fort Knox, as Treasury says it does

Section: Daily Dispatches

But where do they keep the gold swaps and leases? The Federal Reserve admits having some:

https://www.gata.org/node/23651

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By Michael Dorgan and Bailee Hill
Fox News, New York
Thursday, February 20, 2025

President Donald Trump is backing an Elon Musk-led Department of Government Efficiency effort to confirm that all the U.S. gold reserves at Fort Knox are really there. 

U.S. oil, gold projects are among hundreds up for Trump fast-track review

Section: Daily Dispatches

By Ari Natter
Bloomberg News
Wednesday, February 19, 2025

A disputed tunnel in Michigan for an Enbridge Inc. oil pipeline is among hundreds of energy and mining projects the U.S. Army Corps of Engineers has identified for emergency fast-track reviews after President Donald Trump's executive order.

The list also includes permits for a Venture Global Inc. liquefied natural gas export terminal, a gas-fired power plant proposed in Texas by Entergy Corp., and a Perpetua Resources Corp. gold mine in Idaho. 

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Brien Lundin: It looks like desperation in the gold market

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Wednesday, February 19, 2025

I've been reporting on the extraordinary gold flows of recent weeks, which have been driving the price of gold to record levels.

Those mysterious flows, generally blamed on concerns over potential U.S. tariffs on gold and silver, have combined with other factors to indicate that something much deeper and more compelling is happening.

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Paul Craig Roberts: Whose gold, if anyone's, is in Fort Knox?

Section: Daily Dispatches

By Paul Craig Roberts
Wednesday, February 19, 2025

If there is gold in Fort Knox, whose is it? 

Many bullion dealers believe that any gold in Fort Knox is not ours. Over the decades the gold was "leased" to bullion dealers who sold it into the gold market, thereby protecting the value of the dollar by holding down the gold price.

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China's holdings of U.S. Treasuries fall to lowest level since 2009

Section: Daily Dispatches

By Arjun Neil Alim, Cheng Leng, Harriet Clarfelt
Financial Times, London
Wednesday, February 19, 2025

China's holdings of Treasuries have fallen to their lowest level since 2009, as Beijing holds more of its U.S. government bonds through lower-profile accounts and diversifies into alternative assets.

The value of U.S. sovereign debt held by Chinese investors fell by $57 billion to $759 billion in 2024, data published by the U.S. Treasury on Tuesday showed. This does not include Chinese-owned Treasuries held in accounts in other countries.

Please help us stay in the fight until victory

Section: Daily Dispatches

7a ET Wednesday, February 19, 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.

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