Jp Cortez: From 'audit the Fed' to 'trust me, it's there' -- Rand Paul's Fort Knox fumble
Submitted by admin on Wed, 2026-08-12 08:51 Section: Daily DispatchesBy Jp Cortez
Washington Examiner
Wednesday, August 12, 2026
Americans have long demanded real answers about U.S. gold holdings. Year after year, they receive only vague political half-answers that raise more questions than they answer.
The latest example is this week.
Mike Maharrey: Sen. Rand Paul becomes a pawn in Fort Knox debate
Submitted by admin on Tue, 2026-08-11 16:33 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, August 11, 2026
Sen. Rand Paul has become Treasury Secretary Scott Bessent's pawn.
A few weeks ago Bessent insisted all the gold is in the vaults at Fort Knox.
"I haven't" seen it, Bessent said, but "people on my staff have. The treasurer has been to Fort Knox, and I'm happy to say all gold is present and accounted for."
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Jacob Childress: China cannot afford to use its alternative to the dollar
Submitted by admin on Mon, 2026-08-10 19:34 Section: Daily DispatchesBy Jacob Childress
Real Clear World, Washington
Monday, August 10, 2026
Over the past 18 months, nearly every condition analysts have long said would erode the dollar's dominance arrived at once.
War broke out in the Persian Gulf. The Strait of Hormuz has closed, reopened, and closed again, and remains shut as this is written. Iran began charging transit tolls denominated in yuan.
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Timothy Noah: Why does the world put up with the dollar?
Submitted by admin on Mon, 2026-08-10 08:49 Section: Daily DispatchesBy Timothy Noah
The New Republic, New York
Monday, August 10, 2026
The most powerful tool of the American imperium is not, as is generally supposed, its military, but rather its currency.
Other nations (China, India) possess more troops, but none possesses more legal tender. There were 57,000,000,000 dollar-denominated bills in circulation last year. By comparison, euro-denominated bills -- the world's second-most-widely circulated currency, minted not by one nation but by 21—numbered 31,000,000,000.
UK regulator prepares framework for tokenised gold
Submitted by admin on Mon, 2026-08-10 08:15 Section: Daily DispatchesBy Nikou Asgari and Martin Arnold
Financial Times, London
Monday, August 10, 2026
UK regulators are preparing a framework for tokenised gold as part of plans to encourage the digitisation of financial markets and to protect the dominance of London in global bullion trading.
The Financial Conduct Authority has talked to industry members, including big banks, about ways it could regulate tokenised gold in order to encourage growth in the market, according to people familiar with the watchdog's plans.
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Truce between gold miners Barrick and Newmont clears way for IPO
Submitted by admin on Mon, 2026-08-10 08:07 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Monday, August 10, 2026
Two of the largest gold mining companies, Barrick and Newmont, have agreed to combine some of their biggest mines -- a truce that paves the way for one of the biggest mining IPOs of the year.
The two rivals, which already partner on the Nevada Gold Mines joint venture, had been locked in a dispute as Newmont tried to block Barrick's plans for a separate listing of its North American assets, including the JV.
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