Kitco News
Gold's next evolution -
(Kitco News) - Gold has been a store of wealth for thousands of years, but what will the next thousand years look like as investors continue to embrace digital assets?
Wall Street doubts gold’s near-term strength, Main Street maintains bullish minority as central banks take center stage -
(Kitco News) – Gold prices suffered another sharp weekly decline as rising oil prices, persistent inflation fears, and expectations for further Federal Reserve tightening overwhelmed safe-haven demand, while Thursday's technology-led equity selloff triggered another wave of liquidations that pushed the precious metal back below $4,000 per ounce.
Gold, silver extend weekly losses as Hormuz tensions push crude above $116 - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were lower in late U.S. trading Friday, extending a week of heavy selling as renewed concerns about military escalation involving Iran pushed crude oil prices to multiyear highs and reinforced expectations for restrictive Federal Reserve monetary policy.
Gold's $4,000 support breaks, but is the selloff overdone? -
(Kitco News) - The gold market can’t catch a break as prices have fallen below a key pivot level ahead of the weekend, even as U.S. 10-year Treasury yields have dropped below 5%.
Gold struggles as S&P PMI shows health activity in Manufacturing Services sectors -
(Kitco News) - The gold market continues to hold support around $4,000 an ounce, but it could face further headwinds as relatively stable activity in both the manufacturing and services sectors reduces safe-haven demand for the precious metal.
Gold price trades near $4,000/oz after final Consumer Sentiment holds steady at 48, inflation expectations rise -
(Kitco News) - The gold market is trading near key support after the latest data showed consumer sentiment in the U.S. holding steady, while inflation expectations rose higher.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for October was 48. The data was better than expectations, as the consensus forecast of economists called for a r...
Gold heads for steep weekly loss as Hormuz tensions lift crude toward five-month highs - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices were sharply lower in early U.S. trading Friday, extending Thursday's heavy losses as renewed Middle East tensions pushed crude oil prices higher and reinforced expectations that the Federal Reserve will maintain restrictive monetary policy.
Precious metals tumble despite falling yields as Hormuz tensions intensify - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Thursday, as renewed Middle East tensions sent crude oil prices higher, reinforcing inflation concerns and expectations for additional Federal Reserve tightening.
War in Iran, higher energy prices are only delaying gold's rally to $5,000; mining stocks remain undervalued – Gabelli -
(Kitco News) - The ongoing war in Iran and disruptions to global energy supplies are driving inflation pressures higher, forcing central banks to maintain restrictive monetary policies, which is taking its toll on gold; however, one fund manager says the conflict is only delaying gold's eventual rally, while the mining sector continues to generate significant cash flow at historically elevated ...
Newmont beats third-quarter earnings expectations as higher gold sales boost profits; miner raises 2026 cost outlook -
(Kitco News) - Despite ongoing headwinds, the world's largest gold producer reported stronger-than-expected third-quarter earnings Thursday, as higher gold sales volumes and elevated metal prices helped boost profitability and cash flow.
Zero Hedge
Gunmen Attack Orthodox Church In Jordan During Service, Killing 7 & Wounding Dozens -
Gunmen Attack Orthodox Church In Jordan During Service, Killing 7 & Wounding Dozens
Multiple gunmen brutally attacked a church in Jordan on Friday in the middle of a funeral, killing at least seven people and wounding 34 others - in what is one of the worst terror attacks on Christians in the country's modern history.
The Jordanian government quickly condemned the act as terrorism...
Anthony Fauci's Darkest Hours -
Anthony Fauci's Darkest Hours
Authored by Jeffrey A. Tucker via The Brownstone Institute,
“Out, damned spot! Out, I say!” said Lady Macbeth as she paced in a hallucinatory state, reliving in her subconscious the murders she helped plan. She rubbed her hands as if washing them, to wash away the sin, following up the promise to her son that “a little water clears us of this deed.”
...
US Designates Helium A Critical Material In Reindustrialization Push To Avoid "Single Point Of Failure" -
US Designates Helium A Critical Material In Reindustrialization Push To Avoid "Single Point Of Failure"
America's reindustrialization depends on securing reliable, conflict-free supplies of critical materials, including rare earths and other critical metals, most of which are produced and processed overseas.
The Trump administration has made rebuilding and strengthening domestic ...
DOJ Seeks Appeals Court Intervention In California Ballot Lawsuit -
DOJ Seeks Appeals Court Intervention In California Ballot Lawsuit
Authored by Aldgra Fredly via The Epoch Times,
The Department of Justice (DOJ) filed a notice of appeal on Oct. 22 in its bid to block California from counting mail-in ballots from voters whom the federal government suspected of being noncitizens.
The DOJ asked the Ninth Circuit Court of Appeals to intervene afte...
Why Are Scientists Suddenly So Concerned About An Asteroid Hitting Earth? -
Why Are Scientists Suddenly So Concerned About An Asteroid Hitting Earth?
Authored by Michael Snyder via End Of The American Dream,
Authorities assure us that we are perfectly safe and that no giant space rocks are heading our way. If that is true, why is a scenario that has been developed for the 2027 Planetary Defense Conference "based around a hypothetical impact threat" from a...
Selling Gas Twice: Venture Global Courts Qatar While Plotting A $160 Billion AI Power Empire -
Selling Gas Twice: Venture Global Courts Qatar While Plotting A $160 Billion AI Power Empire
Seven months ago, Qatar was the world's biggest LNG seller. Now it's a buyer.
According to a Reuters scoop late Thursday, QatarEnergy is in
advanced talks with Venture Global (VG) on a long-term supply deal for
at least 3 million tons of LNG a year, sourced from VG's CP2 plant, which is s...
Trump Says He Will 'Veto Everything' If Democrats Win Midterms -
Trump Says He Will 'Veto Everything' If Democrats Win Midterms
Authored by Jack Phillips via The Epoch Times,
President Donald Trump told reporters on Friday that he plans to use his veto power on bills or resolutions Democrats want to pass if they win in either the House or the Senate, with days to go before the November midterm elections.
"I think the Republicans are going to w...
Space War Fears Rise As Russian Satellite Makes Dangerous Maneuver -
Space War Fears Rise As Russian Satellite Makes Dangerous Maneuver
Authored by RFE/RL staff via OilPrice.com,
US officials publicly accused Russia of threatening a Finnish-operated commercial satellite that provides imagery and intelligence to Ukraine and other nations, calling the move "deliberately reckless."
In response to the accusations, made during a United Nations debate...
Nikola Founder Trevor Milton Accuses FBI Agent Of Witness Intimidation As New Report Challenges His Claims -
Nikola Founder Trevor Milton Accuses FBI Agent Of Witness Intimidation As New Report Challenges His Claims
Trevor Milton, founder and former CEO of electric truck maker Nikola and now CEO of jet company Syberjet, is suing an FBI agent and a whistleblower who testified against him during his fraud trial, alleging they conspired to intimidate a potential defense witness ahead of his ...
Appeals Court Allows Mississippi Ban On DEI, Removes Judge Over AI Use -
Appeals Court Allows Mississippi Ban On DEI, Removes Judge Over AI Use
Authored by Zachary Stieber via The Epoch Times,
Mississippi can enforce a law prohibiting some diversity practices in schools, a federal appeals court ruled on Oct. 22 in a decision that also removed the judge overseeing the case over the use of artificial intelligence.
Mississippi State Capitol in Jackson, M...
MarketWatch - Top Stories
‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life. Is that so bad? -
“I married a wonderful man with a good income. He left his job due to health issues and suffered a massive stroke at 53.”
Will Anthropic pull off a November IPO? Time is running out to file key paperwork. -
If market pressures keep building, Anthropic “could reasonably decide it is better to stay private and wait for a better opportunity,” one portfolio manager says.
Investors piled a record sum into a leveraged semiconductor ETF last week. Things didn’t work out. -
Traders making bullish bets on chip stocks are getting walloped this month, as renewed fears emerged about investment returns on the buildout of artificial intelligence.
This hot AI-fueled stock has been in a rut. It just beat earnings expectations by 36%. -
A company beating earnings expectations by 36% and revenue expectations by 15% would usually see a postresults bump. But not for Bloom Energy, the fuel-cell maker that has flourished due to data-center demand.
The mobile ambitions of SpaceX are hitting telecom stocks again. Here’s what the latest developments mean. -
Reports of Starlink’s discussions with cell-tower owners were noticed by shareholders of Verizon, AT&T and T-Mobile.
The real test for Moderna’s cancer vaccine isn’t about beating Keytruda. It’s keeping cancer from coming back in the long term. -
The first Phase 3 data for a cancer vaccine has raised questions about whether the potential new treatment is needed.
Some Republicans are opposing Trump on tariffs. Maine’s Susan Collins just got him to back down on Canadian levies. -
As she faces a tough midterm race, the five-term GOP senator is touting her successful lobbying effort against certain tariffs on Canada
The U.S. economy is great by this measure, and the good times aren’t over. So why are Americans so sour? -
A once-in-a-generation investment boom has created lots of winners — but many Americans are feeling left out.
Oil markets are on edge ahead of the weekend, as midterm elections near and fresh U.S. strikes on Iran are predicted -
Oil has climbed back to an Iran-war high and may soon go higher, if the U.S. and Israel strike Iran after their respective voters go to the polls in the coming days.
I want to pay off $4,500 in credit-card debt in 2 months. Is this possible? -
“I’m 32 years old and feel like I should know how to do this stuff by now.”
CNBC Top News
CNBC Economy
GATA
Alasdair Macleod: Gold and silver trashed by paper traders -
By Alasdair MacleodGoldMoney, TorontoFriday, 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 han...
Central banks still exchanging dollars for gold, Maguire tells LFTV -
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 sho...
India mounts costly defense of rupee -
By Chris KayFinancial Times, LondonThursday, 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 $14...
The world's rich are finding a new home for their gold in Singapore -
By Cindy Wang and Yihui XieBloomberg NewsWednesday, 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 e...
President of Africa's biggest gold-producing nation vows to end raw mineral exports within four years -
By Olamilekan OkebiorunBusiness Insider Africa, New YorkTuesday, 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...
Wolf Street
Legal Tender News
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender -
Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...
This Day In Market History: Legal Tender Act Of 1862 -
What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
CoinDesk
Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports -
The company's head of futures and prediction markets said bitcoin, gold and oil contracts are among its fastest-growing prediction markets.
Bitcoin Core changes security rules as AI makes finding code bugs dangerously easy -
Developers merged a policy change that ends the months-long embargo for flaws a chatbot could rediscover, after a summer in which AI found hundreds of bitcoin bugs before the humans did.
Bitcoin's price is as jumpy as Nvidia's and eight times more turbulent than the euro -
Your day-ahead look for Oct. 23, 2026
Live updates: Bitcoin holds above $81,000 as oil prices hit six-month high -
Brent crude oil surged above $116 per barrel for the first time since late April.
Bitcoin steadies near $81,700 as altcoins rebound, pepe climbs 13% -
Bitcoin rose 0.5% to around $81,700 since midnight UTC while the CoinDesk 80 gained 1.4% and memecoins climbed 2.9%.
Bitcoin appears to have decoupled from midterm cycle bottom history -
Previous bitcoin bear-market lows followed U.S. midterms, but this year’s recovery raises the possibility that the bottom arrived months earlier.
HSBC rolls out its first stablecoin to over 3 million everyday app users -
HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began rolling out HKDAP in August.
Sweden’s central bank revives e-krona debate as stablecoins and digital euro loom -
The Riksbank sees an e-krona as critical to securing national payments and monetary control.
India's largest exchange denies hack after sleuths pointed to $16 million in suspicious outflows -
CoinDCX denies its active wallets were hacked after sleuths flagged $16 million in outflows from addresses linked to the India-based exchange.
Polymarket has reportedly fired its marketing chief, also a close friend of the CEO -
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post.
bitcoin.com
Senator Probes Tether’s Reported $6M Deal With Firm Tied to Ex-Trump Crypto Advisor -
Sen. Richard Blumenthal (D-Conn.) has launched an investigation into Tether’s reported multimillion-dollar payments to a consulting firm co-owned by former White House cryptocurrency adviser Bo Hines, raising concerns about potential conflicts of interest and violations of federal ethics and lobbying laws. Senator Blumenthal Seeks Answers From Tether In an Oct. 22 letter to Tether CEO […]
‘CLARITY Is About as Good as You Can Get’—Byron Donalds Talks Bitcoin, Prediction Markets and Florida -
Byron Donalds wants governments to hold bitcoin, opposes a Federal Reserve-issued digital currency, and doubts federal agencies can keep pace with the markets they oversee. In an Oct. 17, 2026, interview with Bitcoin.com News, the Florida congressman and gubernatorial candidate discussed strategic reserves, his race against former rep. David Jolly, and prediction markets that put […]
Ethereum Delays Glamsterdam Testing After 13 Contracts Trigger Concerns -
Ethereum developers have postponed the Glamsterdam upgrade on the Hoodi testnet after security researchers discovered a flaw that could turn temporary smart contract failures into permanent losses of functionality. Chainsecurity identified 13 deployed contracts with potentially vulnerable behavior. The Oct. 26 activation has been canceled, putting Ethereum’s tentative December mainnet upgrade w...
Argentine Court Clears President Milei of All Charges in Libra Crypto Case -
In a ruling issued Friday afternoon, charges against President Javier Milei, his sister Karina, and other defendants were dismissed after a court found that the losses associated with the launch of the Libra meme coin were not sufficient to constitute a scam. President Javier Milei and Others Acquitted in Libra Meme Coin Case President Javier […]
JPMorgan Brings Tokenized Money Funds to Solana for US Investors -
J.P. Morgan Asset Management has expanded its tokenized money market funds MONY and JLTXX onto Solana, giving qualified U.S. investors access through the Morgan Money platform. J.P. Morgan Expands Access for Tokenized Funds J.P. Morgan is taking another step onto public blockchain rails. The asset manager has made MONY and JLTXX available on Solana through […]
Reason
Tenth Amendment Center
This isn’t an Instruction Manual. It’s a Warning. How Empires Fall. -
Collapse is self-inflicted: Benjamin Franklin knew the pattern all through history. In 1773, he wrote a masterpiece of biting satire - 20 rules for how a great empire destroys itself from within by making its own people see it as detestable. It was supposed to be a warning, but London completely ignored it and paid the price. Once you hear his “rules,” judge for yourself. Is this just another h...
Lost Cause: The Federal Government will Never Limit Itself -
Going to the federal government to convince the federal government to limit its own power? That’s not just dumb strategy and a lost cause. It’s dangerous to the Constitution and liberty. On this episode, it’s James Madison’s blueprint for beating the feds without relying on the feds to magically limit their own power. Plus the right to keep and bear arms as the ultimate safeguard for freedom.
T...
The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. -
That means the rules of the constitution apply whether someone calls it an “emergency” or not. On this episode, it’s the founders’ long-forgotten warning about the oldest weapon in the book. Let politicians have extra power or funding because THEY declare an emergency? And you’ll get never-ending emergencies.
The post The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. a...
Electronic Frontier Foundation
The Vulnerability Apocalypse and Why We Should Fund Open Source -
If you use the internet at all, you may have noticed that a large percentage of sites suddenly went down earlier this week—and all your nerdiest friends were talking about "The Vulnerability Apocalypse” and this thing called PHP that powers nearly 70% of the websites on the internet. You may find yourself wondering: what is PHP, what just happened, what is the vulnerability apocalypse, and what...
Computer Security Is About to Get a Lot Worse, Here’s What You Can Do -
It is a commonly held truth among computer geeks that there is no such thing as bug free software, or a secure computer. Any piece of software that anyone actually uses will have a security vulnerability somewhere in the code. The more complex that software is, the more likely there will be a vulnerability. Fortunately for everyone, finding severe vulnerabilities was generally considered an exp...
Two States Can Now Restrict Social Media Access—Here’s What To Do Next -
Last week, two federal appeals courts issued opinions that will allow Florida and Georgia to start enforcing laws that will age-gate and block young people from accessing social media. The laws do not adequately respect minors’ rights to play, speak, and learn online. More fundamentally, these laws don’t help young people stay safe online—a goal that lawmakers should pursue.
Age-Gated? Email EF...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
OH: Information on Dangerous Ordnance Licenses -
Ohio Law May Provide Another Exemption to NFA Registration Under ORC § 2923.18, Ohioans can apply for a $50 Dangerous Ordnance License, providing a separate exemption that does not expressly require federal NFA registration. A GOA employee recently received an approved license from the Jackson County Sheriff. However, whether this exception permits possession of unregistered suppressors remains...
OH: State Law Restricts Our NFA Win — Here’s What You Can Do -
GOA secured a historic victory against the National Firearms Act, but Ohio law is still standing in the way. On August 5, GOA and our fellow plaintiffs won a federal court victory against NFA registration requirements for suppressors, short-barreled rifles (SBRs), and short-barreled shotguns (SBSs). Then, on October 9, ATF announced it would stop enforcing these requirements nationwide. Unfortu...
OH: GOA Proposes Amendments for SB 214 in Light of NFA Changes -
Gun Owners of America’s State & Local and Legal teams has been working diligently to review the Ohio Revised Code regarding “Dangerous Ordnance” regulations standing in the way of recent judicial and executive developments against the National Firearms Act’s stringent requirements on suppressors, short-barreled rifles (SBRs), and short-barreled shotguns (SBSs). Senate Bill 214, introduced by Se...
Banking Dive
Wells Fargo consolidates leadership of consumer bank -
Kleber Santos is now solely responsible for the bank’s consumer banking and lending as Saul Van Beurden becomes wholly focused on AI.
Chartered in December, public in January: How BitGo’s growing -
Crypto-curious banks have been knocking on BitGo’s door more often since it nabbed an unconditional OCC charter, according to an executive.
Citi takes cautious approach on AI agent access -
“There are places in which we want to go faster. This is not one of those places,” Naveed Anwar, global head of AI, digital and data platforms within Citi’s services business, said at Money20/20.
JPMorgan Chase, Goldman Sachs underscore security in AI plans -
“This is one of the most important times to make sure you are appropriately balancing risk and innovation tradeoffs,” JPMorgan Chase CIO Lori Beer said.
Barclays to cut 5,000 employees this year -
Roughly 60% of the reductions are expected in “support functions,” including developers, as AI bolsters productivity, the bank said.
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank -
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank
Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026 -
Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families -
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
FDIC - Press Releases