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Keyword: gold

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  • Chinese gold giant failed to buy this African-focused miner for $3.9 billion; now its new Ethiopian mine is producing gold

    11/11/2026 11:34:03 AM PST · by SunkenCiv · 3 replies
    Business Insider Africa ^ | November 10, 2026 | Chinedu Okafor
    The Canadian-based gold mining company, Allied Gold, recently announced that it has poured its first gold at the Kurmuk mine in Ethiopia, marking the start of production at a project expected to significantly increase the company's output over the next two years. Allied Gold has poured its first gold at the Kurmuk mine in Ethiopia, commencing production expected to significantly boost the company's output by 2028. Kurmuk is targeted to reach full production capacity by early 2027, with gold recovery rates expected to improve over time. Gold output is projected to increase from 25,000-35,000 ounces in 2026 to about 300,000...
  • 3,000-Year-Old Gold Pendant Unearthed in Extraordinary Find | Great British History Hunters [14:06]

    11/01/2026 5:03:09 PM PST · by SunkenCiv · 15 replies
    YouTube ^ | June 23, 2026 | Journal - History Documentaries
    With behind the scenes access at the British Museum, this series follows passionate metal detectorists as their incredible, and often valuable, discoveries make their way through the fascinating world of the museum's Portable Antiquities Scheme. 3,000-Year-Old Gold Pendant Unearthed in Extraordinary Find Great British History Hunters | 14:06 Journal - History Documentaries | 157K subscribers | 70,522 views | June 23, 2026
  • Ancient inscribed gold ring found at Phetchaburi site

    10/25/2026 7:20:22 AM PDT · by SunkenCiv · 20 replies
    Khaosod English ^ | July 3, 2026 | editors / unattributed
    The Fine Arts Department has uncovered two more ancient gold rings, including one bearing a rare Brahmi inscription, during excavations at the Don Yai Thong archaeological site. Director-General Phanombut Chantarachot said that archaeologists were recovering human skeletons and artefacts from the site after rising groundwater, salinity and seasonal rain threatened to damage the fragile remains. During the operation, the team discovered two gold rings associated with Skeleton No. 4... The second gold ring has no decorative design. Similar Brahmi inscriptions have previously been found on seals and jewellery at archaeological sites in Krabi and Chumphon, highlighting early trade and cultural...
  • De-dollarization alert! U.S. doubling down on weaponization of the dollar

    09/30/2026 1:58:37 PM PDT · by Angelino97 · 30 replies
    Enter Stage Right ^ | September 28, 2026 | Mike Maharrey
    The U.S. government continues to ratchet up its use of the dollar as a foreign policy tool, even as the weaponization of the dollar has accelerated de-dollarization. Last Monday, U.S. Treasury Secretary Scott Bessent announced plans to effectively ground Iran’s commercial airlines, saying that on Wednesday, Sept. 23, “All the Iranian airlines will be shut down around the world.” In pursuit of this goal, Bessent warned that any company or country supporting Iranian airlines could face secondary sanctions and be “knocked out” of the dollar system. “If they land, you cannot provide them with fuel, you cannot provide them with...
  • Trump brought Venezuelan gold to the U.S. but refiners won't touch it

    09/29/2026 3:05:47 PM PDT · by delta7 · 51 replies
    Gata ^ | 28 Sep 26 | Anatoly Kurmanaev,
    In early March, as President Trump basked in the success of a military intervention in Venezuela, he joined Interior Secretary Doug Burgum in the West Wing for a private celebration. A businessman also attended, and brought along a pile of gold. The president looked approvingly at the 10 Venezuelan gold bars stacked in the Roosevelt Room, across from the Oval Office, White House officials recalled. Aides took photos and joked about keeping the gold. Mr. Trump himself had once blacklisted Venezuelan gold, declaring that it destroyed the environment, poisoned people and financed gangsters and corrupt military officials. But after Mr....
  • Gold-digging ‘mole people’ arrested for diving into manhole near NYC hotel

    09/25/2026 12:45:14 PM PDT · by Libloather · 19 replies
    NY Post ^ | 9/25/26 | Joe Marino, Kyle Schnitzer, Amanda Woods
    The moles want gold! Two nitwit nightcrawlers — including a particularly portly “mole person” — were busted Thursday for diving into a Manhattan manhole in a subterranean quest for precious metals, police and law-enforcement sources said. Cops nabbed Kevin Rodriguez, 26, and Samuel Reveron, 25 – both Venezuelan citizens – near their Queens homes in connection to a surreal pre-dawn Wednesday sewer escapade just steps from the Loews Regency New York on the Upper East Side. The strange shenanigans could end up shedding light on the motivations of mysterious “mole people” spotted popping out of sewers — as Reveron admitted...
  • BREAKING: Tether Now Trading & Storing Silver in Las Vegas!

    09/22/2026 1:29:19 PM PDT · by delta7 · 7 replies
    Silver trade ^ | 22 Sep 26 | Jon Lindau
    Tether Is Trading and Storing Silver in Las Vegas “Physical silver belonging to a Tether affiliate is being stored within Gold.com’s network” Below are two tether stories. The first is about their Gold loan business, which is booming. The second is from our own analysis of Gold.com’s most recent 10k revealing they control and are trading Silver as well. Tether’s $1.5 Billion Gold Loan Business Is No Joke Authored by GoldFix Tether has become a substantial source of financing in the physical gold market, extending approximately $1.5 billion in precious-metals financing to Gold.com, one of the largest bullion dealers in...
  • CIA agent caught hoarding $40M in gold bars for ‘work-related expenses’ could land plea deal

    09/11/2026 5:17:31 PM PDT · by Libloather · 34 replies
    NY Post ^ | 9/11/26 | Zoe Hussain
    An ex-CIA agent who stashed $40 million in gold bars at his Virginia home for “work-related expenses” could land a plea deal with federal prosecutors, according to court documents. David Rush, 49, and the Justice Department have made significant progress toward a “plea agreement in principle,” the feds and Rush’s lawyers wrote in a joint motion Friday in the case — one of the most significant financial crimes in the history of the CIA. Rush was arrested in late May after the feds removed a staggering 303 gold bars that were US government property and worth $40 million in a...
  • The Rush To Pull Gold Out Of The U.S.

    09/05/2026 4:48:07 AM PDT · by Red Badger · 40 replies
    Quoth The Raven ^ | September 03, 2026 | The Raven
    Something interesting is happening inside the plumbing of the global financial system. It was reported yesterday that the Netherlands just shifted approximately 86 tonnes of its gold reserves from New York and Ottawa to London, explicitly citing “increasing geopolitical unrest” and the need to prepare for severe crises. The Dutch central bank says gold held in London can be accessed and traded more quickly during an emergency than gold stored in New York or Canada. That is some wonderfully sanitized central-bank language to deliver a message that seems to me to be “confidence in the U.S. holding the world’s gold…and...
  • Suspect in gold scam targeting Tarrant County seniors arrested while fleeing the country, officials say

    09/04/2026 11:26:20 AM PDT · by DFG · 23 replies
    WFAA (DFW) ^ | 09/04/2026 | Tina Valverde
    A man accused of being a key player in an international gold theft scheme targeting senior citizens in Tarrant County and across the country was arrested while trying to flee the country, officials say. Muzamil Ahmed, 35, was detained at John F. Kennedy International Airport in New York, according to the Tarrant County District Attorney’s Office. Port Authority police arrested him on Tarrant County warrants alleging organized crime for theft, financial abuse of the elderly, and money laundering. Investigators say Ahmed operated out of New Jersey, where he created shell corporations to launder money stolen from elderly victims. Authorities said...
  • The Hezbollah-Venezuela Connection: What You Don't Know

    01/06/2026 8:21:47 AM PST · by Milagros · 11 replies
    Jfeed ^ | Jan 6, 2026
    For over two decades, Venezuela has served as a critical outpost for Hezbollah in the Western Hemisphere, with reports detailing the group's entrenchment on Margarita Island and ties to the former regimes of Hugo Chávez and Nicolás Maduro. U.S. intelligence assessments and media investigations describe this presence as evolving from fundraising networks among the Lebanese diaspora in the 1980s to sophisticated operations involving training, smuggling, and financial schemes by the 2000s. Margarita Island, once a bustling tourist spot, has been highlighted as a primary hub, surpassing even the Tri-Border Area in Argentina, Brazil, and Paraguay for Hezbollah's regional activities. Training...
  • UAE Royal Jet Flights Fuel Claims of Secret Iran Billions-for-Protection Deal

    08/13/2026 7:20:11 PM PDT · by yesthatjallen · 21 replies
    Defense Security Asia ^ | 08 14 2026 | Staff
    Confirmed Royal Jet flights from Abu Dhabi into Iran have intensified scrutiny of unverified claims that the United Arab Emirates released billions of dollars in frozen Iranian assets, including gold, to reduce its exposure to future Iranian attacks. The allegations, attributed exclusively to anonymous senior sources in Tehran, describe financial transfers designed to preserve an apparent pause in Iranian missile and drone strikes against Emirati territory during the wider 2026 United States-Iran confrontation. Flight-tracking data confirms that a Royal Jet Boeing 737-7KK Business Jet, registered A6-RJA, conducted short return flights from Abu Dhabi to Tehran’s Mehrabad Airport and Karaj’s Payam...
  • China Cannot Afford to Use Its Alternative to the Dollar

    08/10/2026 10:19:07 PM PDT · by EnderWiggin1970 · 19 replies
    RealClearWorld ^ | 8/10/26 | Jacob Childress
    Over the past eighteen 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. Indian refiners started settling Russian crude in yuan and dirhams, the first time a top-five oil importer structurally routed around the dollar for energy. China's cross-border payment system posted record volumes, clearing 1.22 trillion yuan in a single day in March. Central banks bought gold at a pace...
  • China Imports 173 Tonnes of Gold in June

    07/28/2026 6:23:02 AM PDT · by delta7 · 23 replies
    Scottsdale ^ | 27 July 26 | Vince Lanci
    GFN – BEIJING: China imported about 173 tonnes of gold in June, the highest monthly total since March 2024 and the third straight monthly increase, according to Bloomberg and Chinese customs data. Ironically or not, this is after the western media has been pulling its hair out, saying that China has made retail purchases of gold illegal due to its deleveraging of trading on the SGE. The June increase pushed China’s gold imports for the first half of 2026 to roughly 820 tonnes. That was nearly double the total from a year earlier and the second-highest first-half figure on record,...
  • Former CIA officer arrested after FBI seizes millions of dollars’ worth of gold bars from his home

    05/28/2026 7:18:01 PM PDT · by The_Media_never_lie · 19 replies
    CNN ^ | May 28, 2026 | Holmes Lybrand, Zachary Cohen
    A former CIA officer in Virginia is accused of stealing tens of millions of dollars in gold bars and foreign currency from the very agency he worked for, according to an FBI affidavit and a source familiar with the matter. David Rush was arrested last week in Virginia on one charge of theft of public money. He has not yet entered a plea and remains behind bars pending a detention hearing in the case. The FBI alleges Rush became a senior executive government employee with top-secret clearance by lying repeatedly on applications about his military service and education, falsely saying...
  • NOW: Treasury Secretary Scott Bessent announces there is $1 TRILLION in confirmed gold at Fort Knox — the gold is still there

    07/15/2026 6:17:02 PM PDT · by logi_cal869 · 52 replies
    X ^ | 7/15/2026 | Eric Daugherty
    Q: Have you visited Fort Knox? BESSENT: I am happy to say, all gold is present and accounted for! The US has the LARGEST pile of gold in the world, over $1 trillion.
  • The Gold Story Nobody Is Connecting — But Should

    07/11/2026 6:21:52 AM PDT · by delta7 · 50 replies
    Macro investing ^ | 27 Jun 26 | Gertjan
    The Number You Need To Understand First Before we start, one number puts everything in context. Fort Knox contains 147,341,858 fine troy ounces of gold. At current market prices near $4,000 per ounce, these reserves represent around $600 billion. But at the legal book value of $42.22 per ounce, fixed since 1973, the assets are officially valued at only $6.22 billion on the Treasury’s books. America owns $667 billion worth of gold. But it is recorded on the books at $6 billion. That $660 billion gap is the thread that connects everything that follows. January 2025: The Audit That Was...
  • The Roman Gold Mine that Ate Mountains [9:09]

    07/11/2026 4:12:30 AM PDT · by SunkenCiv · 18 replies
    YouTube ^ | July 10, 2026 | Garrett Ryan, Ph.D (as toldinstone)
    This video explores the spectacular remains of the Roman mines at Las Médulas, Spain. The Roman Gold Mine that Ate Mountains | 9:09 toldinstone | 21,693 views | July 10, 2026
  • Global gold and silver dealer liquidates in Chapter 11 bankruptcy

    07/07/2026 2:12:27 PM PDT · by chud · 50 replies
    The Street ^ | July 4, 2026 | Kirk O’Neil
    Precious metals investors saw their holdings skyrocket in value in 2024 and 2025, which was great news for them, but bad news for some dealers, such as Rosland Capital LLC. Rosland Capital filed for a Chapter 11 liquidation facing distress from declining profitability compounded by an unsustainable order fulfillment model amid record precious metals prices.
  • Central bank gold statistics: Central banks remain committed to gold

    07/02/2026 7:17:03 AM PDT · by delta7 · 17 replies
    Goldorg ^ | 2 July 26 | Marissa Sale,
    Central bank gold statistics: Central banks remain committed to gold PDF 0.24 mb Central banks were back in buying mode in May – and with a little more spring in their step. Based on the latest reported data, official gold reserves increased by a net 41t during the month, with purchases once again concentrated among a familiar cast of buyers (Chart 1). Much of the activity was driven by Poland (18t) and China (10t), with Uzbekistan and Kazakhstan also continuing their monthly net gold buying activity. Singapore also rejoined the list of buyers, reporting a net purchase of 4t, its...