Golden asteroid might yet have a place in the Western financial system
Submitted by admin on Sun, 2026-08-09 20:07 Section: Daily DispatchesMoney for nothing and your chicks for free.
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8:13p ET Sunday, August 9. 2026
Dear Friend of GATA and Gold:
Maybe the other day GATA was too quick to endorse the report in Space Daily --
Ed Steer: Silver and gold stocks up +20% on the week
Submitted by admin on Sun, 2026-08-09 16:19 Section: Daily Dispatches4:19p ET Sunday, August 9, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Silver and Gold Stocks Up +20% on the Week" and is posted in the clear at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/silver-gold-stocks-20-percent-week
U.S. sale of euros to prop up yen blindsided ECB
Submitted by admin on Sun, 2026-08-09 10:51 Section: Daily DispatchesBy Olaf Storbeck, Claire Jones, and Kate Duguid
Financial Times, London
Thursday, August 6, 2026
Washington's sale of euros to boost the yen late last week blindsided the European Central Bank, with the U.S. informing its counterparts in Frankfurt only after the historic currency intervention.
The ECB was made aware of the U.S. move to sell euros to buy yen on Friday after the trade had been executed, according to several people familiar with the matter.
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Barrick chairman's planned overhaul meets investor backlash
Submitted by admin on Sun, 2026-08-09 10:35 Section: Daily DispatchesBy Jacob Lorinc and Sybilla Gross
Bloomberg News
Sunday, August 9, 2026
John Thornton appeared ready last year to step down as chairman of Barrick Mining Corp. after a turbulent 12-year tenure. Instead, he seized control from his long-time CEO and is now driving a reinvention of one of the world's largest gold producers.
His plan is running into trouble.
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Alasdair Macleod: Gold and silver begin their move
Submitted by admin on Sat, 2026-08-08 08:42 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, August 7, 2026
Investors increasingly suspect that financial markets might be radically mispriced, and nowhere is this truer than for precious metals.
In terms of the evolution of gold and silver prices, markets appear to be in a similar position to where they were in December 1973, after OPEC first hiked its reference price and before the second larger increase.
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China's gold reserves rise by most since October 2023 as buying pace quickens
Submitted by admin on Fri, 2026-08-07 09:35 Section: Daily DispatchesBy Qiaoyi Li, Liz Lee, and Dylan Duan
Reuters
Friday, August 7, 2026
China's central bank stepped up its gold purchases for a fifth straight month in July, adding the most bullion to its reserves since October 2023, official data showed today.
The People's Bank of China extended its gold-buying run to a 21st consecutive month, with reserves rising to 76.08 million fine troy ounces at the end of July from 75.44 million a month earlier.
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