Support all your favorite nonprofits with a single donation.

Donate safely, anonymously & monthly, in any amount. It's a smarter way to give online. Learn more
GATA - Gold Anti-Trust Action Committee
Manchester, Conn.

The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. The committee arose from essays by Bill Murphy, a financial commentator, and by Chris Powell, a newspaper editor in Connecticut, published at Murphy’s Internet site, www.lemetropolecafe.com.

GATA - Gold Anti-Trust Action Committee is not verified as a 501(c)3 organization.

Latest News

Oct 23, 2026

By Alasdair Macleod
GoldMoney, Toronto
Friday, October 23, 2026

Silver hits new lows for the year, while gold threatens to follow. Despite economic and debt deteriorations leading to a global crisis, precious metals remain the playthings of the paper traders.

Looking at the chart showing gold and silver declining over the course of 2026, you wouldn't think that the world is going to hell in a handcart. 

... Dispatch continues below ...


... ADVERTISEMENT ...

Are you ready to safeguard your assets using precious metals?

Hero Bullion is a precious metals dealer with an extensive inventory of competitively priced gold, silver, and platinum products.

We didn't get into this business just to sell metals. Our goal is to educate investors to help them make sounder financial decisions. For four years we have focused on educational resources, competitive prices, and reliable, secure shipping.

Check out our reviews. Hero Bullion is quickly becoming a favorite of customers all over the country. We're committed to helping you cut through the hype and build your portfolio with high-quality, affordable precious metals.

Visit us here: www.herobullion.com

Hero Bullion: Gold and silver simply delivered


Instead, gold and silver prices are reflecting declining risk, in ignorance of the facts. Currently, the opportunity for the shorts to bash precious metal prices is created by a pause in the increase in bond yields, reducing the fear factor, while oil prices head moderately higher.

The yield on the 10-year U.S. treasury note has backed down in what looks like a normal correction, encouraged by minor portfolio reweighting from equities, which are visibly struggling. ...

... For the remainder of the analysis:

https://www.goldmoney.com/research/gold-and-silver-trashed

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 22, 2026

2:25p ET Thursday, October 22, 2026

Dear Friend of GATA and Gold:

Gold's structural breakout, London metals trader Andrew Maguire says on this week's edition of Kinesis Money's "Live from the Vault" program, continues to be driven by central bank replacement of dollar reserves with the monetary metal. The recent decline in gold prices, Maguire says, is again entirely a matter of derivatives shorting, with no metal changing hands, and will soon be exhausted.

The program is 59 minutes long and can be viewed at the Kinesis Money channel at YouTube here:

https://www.youtube.com/watch?v=s8TgdAyWw4g

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]


... ADVERTISEMENT ...

USA Gold: Coins and Bullion Since 1973

USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.


Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of US$500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 22, 2026

By Chris Kay
Financial Times, London
Thursday, October 22, 2026

India is mounting an increasingly costly defence of the rupee, deploying tens of billions of dollars and resorting to extraordinary market interventions to protect a currency that has come under pressure from elevated oil prices and investor outflows.

The central bank since June has already used about $90 billion of the more than $140 billion it raised from India's diaspora to prop up the rupee, including through sales to the spot market and currency swaps to absorb surplus liquidity, according to two foreign-exchange bankers with knowledge of the moves.

... Dispatch continues below ...


... ADVERTISEMENT ...

Guanajuato Silver Is Reactivating Silver and Gold Mines in Mexico

Guanajuato Silver is a precious metals producer reactivating past-producing silver and gold mines in central Mexico. The company produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine. All three mines are located within the state of Guanajuato, which has a 480-year mining history.

Additionally, the company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango state. 

With four operating mines and three processing facilities, Guanajuato Silver is one of the fastest growing silver producers in Mexico.

For more information, please visit:

http://www.gsilver.com/


"They have been aggressive," said one of bankers. The Reserve Bank of India did not respond to a request for comment.

The rupee is one of Asia's worst-performing currencies this year, having fallen 5% against the dollar. Rising crude prices from the war in Iran have driven up the cost of energy imports for one of the world’s largest oil consumers, while record foreign selling of Indian equities has exacerbated the rupee's weakness. ...

... For the remainder of the report:

https://www.ft.com/content/4577cc43-d98b-43fc-8183-72777286ab80?syn-25a6b1a6=1

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 22, 2026

By Cindy Wang and Yihui Xie
Bloomberg News
Wednesday, October 21, 2026

Gregor Gregersen's first Singapore bullion business began from under his bed. He stashed silver, though not much of it, and trades took place at his neighborhood train station as he tested for local demand.

Almost 17 years later, the German-born former bank data architect owns a six-story, 180,000-square-foot mega-vault with enough room to house about 10% of the world's annual gold supply and 30% of yearly silver supply. Now, the business has not only outgrown his bedroom but the local clientele, and he's selling more space to foreign investors who want their bullion stored somewhere farther away.

... Dispatch continues below ...


... ADVERTISEMENT ...

First Majestic Mines Silver and Gold, 
Mints Its Own Silver Bars, Ingots, Coins, and Medallions,
and Sells Them Online at Low Premiums

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The company owns and operates four producing underground mines in Mexico: the Cerro Los Gatos Silver Mine (the company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the Santa Elena Silver and Gold Mine, the San Dimas Silver and Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon gold project in northeastern Nevada, U.S.A.

In 2025 these mines are projected to produce between 27.8 to 31.2 million silver-equivalent ounces, consisting of 13.6 to 15.3 million ounces of silver and 129,000 to 144,000 ounces of gold, with an all-in sustaining cost of $19.89 to $21.27 per payable silver-equivalent ounce.

For more information about the company, visit:

https://www.firstmajestic.com

In a practice unique to First Majestic, the company is proud to manufacture exceptional silver bullion products from its 100%-owned and operated minting facility, First Mint, offering a portion of its own silver production for sale to the public. Bars, ingots, coins, and medallions are available for purchase online at the company's bullion store at low premiums.

To review First Mint’s full product range, visit:

https://www.firstmint.com


Gregersen isn't alone in benefitting from this trend. Banks and precious metals dealers in the city-state say a growing number of wealthy American, European, and Middle Eastern investors, unsettled by wars, government debt and political uncertainty at home, are looking to diversify where they hold their gold. 

Rich overseas investors are sending their metal to Singapore, seeking something that the precious metal cannot provide on its own: a reassuring place to keep it. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2026-10-21/the-world-s-rich-are-moving-their-gold-to-singapore

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 20, 2026

By Olamilekan Okebiorun
Business Insider Africa, New York
Tuesday, October 20, 2026

Ghanaian President John Dramani Mahama has reaffirmed his government's commitment to end exports of unprocessed minerals by 2030, insisting that Africa's largest gold producer must stop shipping its natural resources abroad only to import finished products made from the same materials.

... Dispatch continues below ...


... ADVERTISEMENT ...

Fisher Precious Metals offers great prices
with personal service from a family team

Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we also get you the highest prices available when you sell your precious metals.
 
Expect a personal approach with Fisher Precious Metals. You can always speak directly with the owners within 24 hours if not immediately. We provide you a team you can get to know and call at any time to discuss your investments with no pressure to buy.

Check our Google reviews to see what our clients have to say:

https://g.page/FisherPreciousMetals?share

Contact us at 1-800-390-8576 or [email protected] or visit us here:

https://fisherpreciousmetals.com/


Addressing the 2026 Mining in Motion Summit in Accra on Monday, Mahama outlined plans to end raw exports of bauxite, manganese, iron, and lithium within four years to boost local industries, create jobs, and retain more mineral wealth.

"I have set a clear goal that by 2030, raw mineral ores should no longer leave our shores. Our alumina, manganese, iron, lithium, and other minerals must support processing and industrial development here at home," Mahama declared.

The president said Ghana could no longer sustain an economic model that benefits foreign manufacturers while denying its own industries opportunities for growth. ...

... For the remainder of the report:

https://africa.businessinsider.com/local/markets/president-of-africas-biggest-gold-producing-nation-vows-to-end-raw-mineral-exports/x6cfqhx

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://tinyurl.com/3xt6uw66

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 20, 2026

By Alexandra Wexler
The Wall Street Journal
Monday, October 19, 2026

A modern-day gold rush is under way in West Africa.

Mining companies have raced to the region in recent years, investing billions of dollars in new gold mines to cash in on near record prices for the metal.

The boom comes despite a rise in resource nationalism, with local officials seizing assets and detaining executives to secure a larger share of the profits. Several gold-producing nations are also battling a deadly Islamist insurgency.

... Dispatch continues below ...


... ADVERTISEMENT ...

Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver

Bullion Star is now open in the United States, offering gold and silver bullion at extremely competitive prices with free delivery. Bullion Star also offers customers a year of free vault storage along with free delivery as well as storage in its secure precious metals vault in Dallas, Texas.

Storing precious metals is challenging. Homeowner's insurance seldom covers precious metals, and safe deposit boxes offered by banks are neither insured nor covered by the government deposit insurance. Bullion Star's vault is an independently run, Class III UL-rated vault with uncompromising surveillance and round-the-clock security.

With Bullion Star you can transact and store your metals securely and confidentially. Your bullion is fully insured against all risks at full replacement value. Bullion Star uses five audit methods to verify the existence and correctness of your stored bullion.

For more information, please visit:

https://www.bullionstar.us/


At least 17 new gold mines have started production in West Africa since 2020, costing more than $4 billion, according to S&P Global Energy. The region is now the source of around 15% of global gold output, up from 10% a decade ago, and work is already under way on several more mines that are slated to begin production in the coming years.

"In Africa, there's still a lot of gold to be found," said Christopher Eger, chief executive of Resolute Mining, an Australian company with assets and projects in war-torn Mali and three other West African countries.

"It's definitely an area that people are focused on," Eger said. "We've got 10 drill rigs at one of our exploration projects in Cote d'Ivoire, but rigs are becoming harder to come by." ...

... For the remainder of the report:

https://www.wsj.com/world/africa/the-new-wild-west-of-gold-mining-is-west-africa-8b4886c4?st=xcRpcz&reflink=desktopwebshare_permalink

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 19, 2026

How a Trillion-Dollar Industry Launders Illegal Gold

By Justin Scheck
Visuals by Lynsey Addario
The New York Times
Monday, October 19, 2026

In an industry riddled with abuse, the world's banks and governments rely on one entity to keep gangsters, warlords, and human rights violators from selling gold into the mainstream market.

That group, the London Bullion Market Association, is the self-described "global authority for precious metals." With the power to blacklist companies, the LBMA is the closest thing the multi-trillion-dollar industry has to an international regulator.

... Dispatch continues below ...


... ADVERTISEMENT ...

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars.

To learn more, please visit: 

http://www.goldmoney.com/?gmrefcode=gata


Governments rely on the association's stamp as a sign that gold has been mined without human rights abuses, environmental devastation, financial sanctions, or criminality. In the most literal sense, the LBMA sets the gold standard.

But a New York Times investigation found that the association has repeatedly allowed gold into the market that has been mined by criminals, cartel members and children. Refiners lie with impunity about the origins of their gold. The rules are pocked with exceptions and vagaries, and the LBMA has repeatedly decided not to enforce them.

And in the case of Madagascar, the LBMA helped change and backdate key paperwork that certified gold as free from abuse. ...

... For the remainder of the report:

https://www.nytimes.com/2026/10/19/world/africa/dirty-gold-industry-coverup-launder-madagascar.html

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://tinyurl.com/3xt6uw66

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png

Oct 19, 2026

How the Gold Boom Is Fueling Tree Loss from Ghana to the Amazon

By Mark Hillsdon
Reuters
Monday, October 19, 2026

As the price of gold booms, so does the roar of excavators and scream of chainsaws in some of the world's most ecologically sensitive forests.

Between 2001 and 2019, gold drove more deforestation than any other mineral, from the dense tropical forests of the Amazon and Africa's western coast, to the boreal forests of Russia, and down through Myanmar and Indonesia.

... Dispatch continues below ...


... ADVERTISEMENT ...

Ultra-Secure Swiss Vault Storage from Tara Gold and Silver Ltd.

Tara Gold is delighted to announce the launch of our ultra-secure gold and silver secure storage service.

GATA followers can now own gold and silver coins and bars -- including the Gold and Silver Trees of Life — with fully segregated, allocated holdings in one of the safest vault providers in Switzerland and the world.

All coins and bars are held in your name. Not a paper claim. Not someone else's liability. Real, physical precious metals you can visit, inspect, take delivery of, or sell at any time.

Safety, Trust & Privacy: Our Swiss storage partner is Helveticor AG in Zurich. Tara Gold's Mark O'Byrne, after extensive international due diligence, served as Helveticor's global ambassador for two years and stores metal with them personally. He has known the owners and senior staff for 20 years and trusts their vaults implicitly. Your metals there are fully insured and held outside the banking system — no counterparty risk, no digital risk, and no fractional reserving, with complete discreetness and privacy.

Liquidity: Switzerland is a primary hub for precious metals. You can sell quickly and competitively, with proceeds transferred directly to your bank account.

Tax Efficiency: Gold and silver in Swiss-bonded vaults are exempt from sales taxes. You pay only if you remove bullion from Switzerland.

For holdings of $100,000 or more, the combination of security, privacy, liquidity, and tax efficiency makes this a compelling international diversification.

For rates, application forms, and all key information, visit here or contact GATA supporter Tara Gold and Silver Ltd.'s Mark O'Byrne at [email protected] or +353-12641850.


But with prices having spiked more than 120% in the last five years, fueled by geopolitical instability and disruptions to international trade, campaigners fear the gold rush has only accelerated, with huge implications for the world's forests. ...

... For the remainder of the report:

https://www.reuters.com/sustainability/land-use-biodiversity/how-gold-boom-is-fuelling-tree-loss-ghana-amazon--ecmii-2026-10-19/

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png