Kitco News
Wall Street bereft of bears after gold smashes $4,600/oz, Main Street bolsters bullish majority with Warsh, PCE in focus -
(Kitco News) – Gold prices surged to their third straight weekly gain, as concerns over U.S. debt sustainability, a weaker dollar, and the Treasury Department’s surprise move to expand long-dated bond buybacks helped the precious metal break above $4,600 per ounce.
Gold, silver extend rally as dollar slide offsets higher yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Friday, as a weaker U.S. dollar, fiscal-risk hedging and continued Strait of Hormuz uncertainty kept buyers in precious metals despite another session of elevated Treasury yields.
Gold looks to PCE inflation, Jackson Hole for direction next week -
(Kitco News) – Gold and silver head into the coming week with investors focused on inflation, economic growth and Federal Reserve policy, as July PCE data and Fed Chair Kevin Warsh's Jackson Hole speech could drive volatility across precious metals markets.
Spot gold holds above $4,585/oz as flash S&P composite PMI improves to 56 in August -
(Kitco News) - The gold market is holding its earlier gains after the latest U.S. data showed the services sector improving beyond expectations this month, while the manufacturing sector weakened slightly.S&P Global reported on Friday that its flash Composite Purchasing Managers Index (PMI) rose to 56.0 in August, up from July’s reading of 54.5. The number was above expectations, as economists ...
Gold, silver extend breakout as U.S. dollar slides below 99 - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher in early U.S. trading Friday, as a weaker U.S. dollar, fading September Fed-hike expectations and U.S. fiscal concerns kept buyers in control of the precious-metals breakout.
Gold steadies, silver jumps as bond-market pressure hits equities - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are near steady and spot silver prices are sharply higher in late-afternoon U.S. trading Thursday, as rising crude oil prices and a rebound in Treasury yields hit equities but failed to fully unwind Wednesday’s precious-metals breakout.
Gold price headed 10 times higher, and that is "inevitable," Thomas Kaplan says -
(Kitco News) - Electrum chairman sees gold reaching $30,000 to $50,000, calls the correction a "1987 moment" and warns governments may seize profitable mines
Bessent's interventions amount to QE, and 'gold is the must-have asset' - ByteTree's Morris -
(Kitco News) – The U.S. government is effectively engaged in multiple major quantitative easing operations, and gold prices have moved higher as a result, with potential for plenty more gains ahead, according to Charlie Morris, CIO and founder of ByteTree.In the latest Atlas Pulse Gold Report, Morris said Treasury Secretary Scott Bessent’s new gambit of doubling the department’s purchases of lo...
Gold tests $4,450 as Philly Fed, jobless claims firm rate risk - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Thursday, as stronger-than-expected U.S. labor and regional manufacturing data trimmed part of Wednesday’s Treasury-led precious-metals rally.
Gold approaches session low $4,450/oz after U.S. weekly jobless claims fall to 206k -
(Kitco News) - Gold prices are getting closer to the $4,450 per ounce session low on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
Zero Hedge
Who Really Drives Global Terrorism? Internal US Govt Data Offers A Surprising Answer -
Who Really Drives Global Terrorism? Internal US Govt Data Offers A Surprising Answer
Authored by Larry Johnson via Sonar21.com
Every administration reaches for the same line. Iran, we are told, is the world’s foremost state sponsor of terrorism — a claim now central to the case for war. It carries the weight of an official designation: Iran has sat on the State Department’s list o...
"Fibermaxxing" Craze Forces Big Food into Reformulation Cycle -
"Fibermaxxing" Craze Forces Big Food into Reformulation Cycle
BNP Paribas analysts say Gen Z's growing awareness of healthy, high-protein, high-fiber diets is accelerating a reformulation cycle across the Big Food industrial complex, as manufacturers race to make products more appealing to the youth and those on GLP-1 weight-loss drugs.
In a report titled "Fiber Is the New Prote...
Trained On 53 Million Pages: US Supercomputer-Backed Tool To Search Nuclear Reactor Data -
Trained On 53 Million Pages: US Supercomputer-Backed Tool To Search Nuclear Reactor Data
Authored by Aman Tripathi via Interesting Engineering,
Nuclear power stations across North America have begun using a dedicated virtual system called NIVA. The software was created by Atomic Canyon in collaboration with the Electric Power Research Institute, the Institute of Nuclear Power Oper...
Russia Says Ready For 'New Ideas' From US On Ending Ukraine War -
Russia Says Ready For 'New Ideas' From US On Ending Ukraine War
The Kremlin has newly said it is ready for dialogue with Washington and open to ideas for ending the conflict in Ukraine, but still says it will not compromise on Russia's core aims.
A senior Russian diplomat has stressed that any future talks must align with President Vladimir Putin's position. Deputy Foreign Ministe...
The Six Nooses: How Interventionism Is Strangling The Family's Will To Reproduce -
The Six Nooses: How Interventionism Is Strangling The Family's Will To Reproduce
<div property="schema:text" class="clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item">Authored by Felix Yang via the Mises Institute,
The total fertility rate needed to sustain a population is 2.1. Averaged over 2020-2024, South Korea's stands...
Assistant U.S. Attorney Found Dead Inside Federal Building -
Assistant U.S. Attorney Found Dead Inside Federal Building
A high-ranking federal prosecutor was found dead inside a Southern California federal building on Wednesday, just hours after he was reported missing.
Andrew Haden, Illustration via Wonderwall
Andrew Haden, 48, the No. 2 official in the U.S. Attorney's Office for the Southern District of California, was discovered in a vac...
Wealth Exodus: Australians Flock To Property Investment Over Business -
Wealth Exodus: Australians Flock To Property Investment Over Business
Authored by Rex Widerstrom via The Epoch Times,
Fewer Australians are putting their capital into businesses, with the drop most acute among the wealthy, new data from the Committee for Economic Development of Australia (CEDA) shows. Instead, more wealth is flowing into property.
A food delivery worker waits to c...
US Treasury Classifies Hezbollah As Arm Of The IRGC, Not A 'Stand-Alone' Group -
US Treasury Classifies Hezbollah As Arm Of The IRGC, Not A 'Stand-Alone' Group
The new US Treasury sanctions on Hezbollah unveiled Thursday do more than ever before in 'legally' classifying the Lebanese militant group as essentially an arm of Iran's Islamic Revolutionary Guard Corps (IRGC).
The Treasury action - which is certainly not the first designation against the group - unde...
Let Americans Keep The Savings They Find -
Let Americans Keep The Savings They Find
Authored by Wendy Barnes via RealClearPolitics,
As candidates spend the coming months telling voters how they would transform American health care, they should not overlook reforms that could make care more accessible and affordable without requiring complex new government programs.
Millions of Americans are already trying to make their ...
Buying May Not Beat Renting Until Retirement In Some Expensive Markets: Zillow -
Buying May Not Beat Renting Until Retirement In Some Expensive Markets: Zillow
Authored by Mary Prenon via The Epoch Times,
For a typical U.S. household, it can take decades to save for a home and reach the point where buying becomes cheaper than renting, with the timeline stretching into retirement in some expensive markets, according to an Aug. 20 Zillow report.
A "for sale" sig...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Mike Maharrey: Brits regret not buying gold but didn't learn their lesson, and won't -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoFriday, August 23, 2026
If you live long enough, you're going to have some regrets.
Woulda, coulda, shoulda, as my dad was fond of saying.
The thing about regrets is that they were totally avoidable. That's why there are regrets. We made a bad decision, a questionable call, a wrong turn.
... Dispatch continues below ...
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Stuart Englert: It's the debt, Stupid -
By Stuart EnglertStuart Englert's SubstackFriday, August 21, 2026
The U.S. dollar took a walloping this week after the U.S. Treasury announced it would double purchases of long-term U.S. debt instruments beginning next month.
In short, the federal government once again must buy back a larger portion of its own bonds to help finance the exploding national debt, which surpassed $40 trillion for t...
Hong Kong Exchange gold futures smash delivery record as U.S. sanctions reshape trade -
By Julie ZhangSouth China Morning Post, Hong KongFriday, August 21, 2026
Hong Kong Exchanges and Clearing has reported record-breaking physical deliveries and a trading surge in its U.S. dollar-denominated gold futures contract, underscoring the city's ambition to become a global hub for the precious metal amid widening trade restrictions by the United States.
... Dispatch continues below ...
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'Hint of financial repression'? For decades gold price suppression was far more than a hint -
Dollar Wobbles as Treasury's Bond Market Buybacks Raise Fresh Concerns
By Niket Nishant and Rae WeeReutersThursday, August 20, 2026
The dollar slipped today and was set to end a bumpy week lower, as investors questioned whether the U.S. Treasury's efforts to calm the bond markets might end up undermining confidence in the currency.
Those concerns pushed the euro up 0.21% to $1.1703, on course...
Trump to back U.S. minerals projects with $500 million in grants -
By Ernest Scheyder and Jarrett RenshawReutersThursday, August 20, 2026
The U.S. Department of Energy is awarding $500 million in grants to seven companies building domestic lithium, cobalt, and other mineral and battery projects, the latest in a string of investments aimed at bolstering American mining and processing, according to a document seen by Reuters.
The funding comes weeks after Presi...
Wolf Street
Long-Term Treasury Yields Surge, Wipe Out Effect of Bessent’s Hocus-Pocus Treasury Buybacks in 2 Days. Bond Market Not to Be Played With -
If bond buyers lose confidence, they’ll demand even higher yields. Bessent better watch out with his games.
Oh Dear, Condo Prices Fell by 15% to 33% in 33 Bigger Markets, Some Below 2006 Levels, as Historic Condo Bubbles Deflate -
In 9 cities, from Oakland to Jacksonville, condo prices fell by over 20%. In 3 markets in California & Florida, they fell by 30%+.
To Absorb $1 Trillion of New Treasuries in 3 Months, as the Debt Ballooned to $40 Trillion, Investors Demanded Higher Yields. Bessent Blows Fuse -
Bessent’s job is to sell these bonds come hell or high water, and at the lowest possible yield.
Legal Tender News
CoinDesk
Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz -
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
How a Treasury buyback tweak helped bitcoin surge 25% to nearly $80,000 in days -
Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
Crypto advocates join in suing Illinois over digital asset tax -
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.
Pass the Clarity Act -
Reopening a settled provision four weeks before a vote would sink the bill, argues Summer Mersinger, CEO of the Blockchain Association.
Ethena's ENA token surges 48%, but altcoin season will have to wait -
ENA is rallying on a $1 billion FalconX deal, while HYPE tests its record, though flat dominance shows this is no broad alt season.
Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs -
Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.
Analysts split on whether Bitcoin's surge past key levels signals a new bull run -
Market watchers say sudden sharp price spikes and forced short liquidations are the classic signs of a bottom, though macro risks still remain.
The hard truth is that the Clarity Act is an anti-crypto bill -
After years of stalled bills, misguided enforcement, and catastrophic collapses, almost any comprehensive crypto legislation began to look like progress. But Clarity is turning that hunger for progress into a political trap, argues Berkeley Law lecturer Hermine Wong.
Bitcoin faces $80,000 test as thinner weekend liquidity looms -
Your day-ahead look for Aug. 21, 2026
Nomura-backed Laser Digital wins Japan's first crypto approval in four years -
Laser Digital Japan will offer liquidity to domestic crypto providers, with institutional trading services planned to follow as the appetite for crypto in Japan grows.
bitcoin.com
Expect Changes in Rewards and Fees at Crypto Exchanges as Strategies Shift -
As major crypto exchanges evolve into all-things-financial-services platforms, they’re investing more in new products to grow and diversify, while increasing trading revenues has become challenging. As the bear market persisted during the second quarter of this year, three of the largest listed crypto exchanges — Coinbase, Bullish, and Gemini — recorded a drop in trading […]
Druckenmiller Bets $88m on Bitdeer and Hyperliquid Strategies -
The legendary investor moved into the digital assets ecosystem, disclosing investments in Bitdeer, a publicly traded bitcoin mining and data center operator, and in Hyperliquid, a decentralized trading platform. Druckenmiller’s Puts Over $80 Million Behind Digital Assets Stock Picks Stanley Druckenmiller, the legendary investor behind Duquesne Family Office, is warming up to the digital assets ...
UK Tax Agency Sends 81,000 Crypto Tax Letters as Scrutiny Rises -
HM Revenue and Customs (HMRC) sent 81,000 warning letters to cryptocurrency investors over suspected unpaid taxes, while expanded international reporting could give the UK tax agency substantially greater visibility into offshore transactions beginning in 2027. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified scrutiny of cryptocurrency investors, sending 81,0...
Two Binance Workers Held at UAE Airports Amid Fraud Inquiries -
Police in the United Arab Emirates detained two Binance employees at airports and questioned a third, as part of a fraud inquiry into funds moving through the exchange. All three have been released, and Binance says none of them were targets. Employees Held After Airport Stops, Then Released Emirati police pulled two Binance employees aside […]
Analysts See Strong Bitcoin Rally, But Profit-Taking Risk Remains -
Bitcoin’s climb to multi-month highs ran on spot buying, not borrowed money, giving the rally a longer runway than a typical squeeze, Bitfinex analysts say. The coins now in profit could still trigger 2026’s largest wave of profit-taking. Why Bitfinex Sees a Longer Runway Than a Squeeze Bitcoin’s climb to a multi-month high has left […]
Reason
Open Thread -
What’s on your mind?
Video of My Keynote Speech at the Annual Libertarian Futurist Society Prometheus Award Ceremony -
The talk deals with the relationship between libertarianism and the science fiction and fantasy genres.
Intern (Actually a Project Veritas Undercover Plant) in Political Organization Didn't Have "Fiduciary Duty" to Organization -
An excerpt from today's long decision in Democracy Partners, LLC v. O'Keefe by D.C. Circuit Judge Karen LeCraft Henderson, joined…
The post Intern (Actually a Project Veritas Undercover Plant) in Political Organization Didn't Have "Fiduciary Duty" to Organization appeared first on Reason.com.
Damages Award Stemming from Project Veritas Project Set Aside by D.C. Circuit -
From today's long decision in Democracy Partners, LLC v. O'Keefe by D.C. Circuit Judge Karen LeCraft Henderson, joined by Judge…
The post Damages Award Stemming from Project Veritas Project Set Aside by D.C. Circuit appeared first on Reason.com.
Harry and Meghan's Security Problem Is Really a Gun-Control Problem -
Taxpayers shouldn’t have to pay for the royal family’s security, but British law prevents them from paying for armed security themselves.
Trump Administration Plans New Facility To House 3,000 Migrant Kids. Many of Them Lack Legal Representation. -
Trump's mass immigration campaign is leaving migrant children alone to navigate a complicated immigration system that was once meant to protect them.
Trump Once Promised International Students Green Cards. Now The Government Might Charge Them $100,000 To Work. -
The White House is formally reviewing a proposal to add a $100,000 fee to the Optional Practical Training (OPT) program, which allows international students to work in the U.S. for up to three years after graduation.
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal -
Rough rides, U.S. attorney vacancies, and the 26th Amendment.
Police in Atlanta Settle Eric André Lawsuit, End Airport Drug Searches -
While the settlement is a good thing, it's unfortunately still the case that at airports, the Bill of Rights is more of a list of suggestions.
Utah Needs More Housing. The Army Corps Shut Down 265 New Homes Because of a Small Ditch. -
Despite the Supreme Court's best efforts to rein them in, federal regulators continue to abuse their authority under the Clean Water Act.
Cato Institute
Tenth Amendment Center
The Welfare Trap: Benjamin Franklin’s Forgotten Warning -
Politicians tell us that welfare programs are absolutely necessary - and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get - government welfare programs make things worse.
The post The Welfare Trap: Benjamin Franklin’s Forgotten Warning appeared first on Tenth Amendment Center.
The 17th Amendment Broke the Founders Kill Switch -
1913 was a really bad year. And one of the biggest changes came from the 17th Amendment. It didn’t just alter the way federal senators are chosen, it actually broke a process the framers built into the system: A constitutional KILL SWITCH to end the federal government. On this episode, it’s the “absolute safeguard” - the lost nuclear option for the states that the government-run schools never t...
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF and Civil Society Groups Call on Nottinghamshire Police to Halt Live Face Recognition -
This week, EFF, along with Big Brother Watch, Defend Digital Me, Liberty, Open Rights Group, Race Equality First, Statewatch, and Stopwatch, wrote to Nottinghamshire Police Force in the UK raising concern about the proposed roll-out of live facial recognition technology (LFR), and called for its immediate halt.
In particular, the letter highlights six concerns:
LFR Is Not "Just Another Tool"
No...
Intermediary Liability in Brazil: The Intricate Path Ahead -
Brazil's new internet intermediary liability regime is underway. The implementation of changes established by the Supreme Court includes notice and takedown mechanisms and duty of care obligations. Caution is crucial as these measures can create problematic incentives for enforcement overreach and over censorship of protected speech.
The court in June issued a new decision clarifying elements...
Some Tech Companies Have Privately Pushed Back on ICE Subpoenas. They Should All Do More. -
In a handful of known cases, large social media companies have privately pushed back against Immigration and Customs Enforcement (ICE) subpoenas when the agency tried to unmask anonymous users who tracked immigration activities or criticized the government. As ICE engages in a pattern of illegal and chilling investigations, any resistance is welcome. But social media companies can do more. When...
The Institute For Justice - Press Releases
14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition -
WASHINGTON— Yesterday, a broad coalition of amici—including a 14-state coalition led by South Carolina and West Virginia, ExcelinEd, the Alliance Defending Freedom, and the New […]
The post 14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition appeared first on Institute for Justice.
Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ -
ARLINGTON, Va.—Today, the Institute for Justice (IJ) released a statement responding to suggested “reforms” announced by automated license plate reader (ALPR) provider Flock Safety. “This […]
The post Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ appeared first on Institute for Justice.
Austin Councilmember, Public Interest Law Firm Applaud Austin’s New Microbusiness Resolution -
AUSTIN, Texas—Last night, the Austin City Council passed a resolution to support microbusinesses in the city. Councilmember Vanessa Fuentes, one of the resolution’s sponsors, and […]
The post Austin Councilmember, Public Interest Law Firm Applaud Austin’s New Microbusiness Resolution appeared first on Institute for Justice.
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
THIS WEEK: Here’s Where Things Stand! -
THIS WEEK IN GUN RIGHTS! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s a recap of the things you should know… A federal judge ruled the registration requirements on short, barreled firearms and suppressors are unconstitutional. DOJ had a week to appeal the stay and let it pass. On midnight, when the stay expired, two … Read more
FL VICTORY: Byron Donalds Wins Primary Election -
Florida’s gun owners get to celebrate the Second Amendment wins that happened during last night’s primary elections. Why? Because GOA was the only gun rights organization involved in this election. Not just the only group to endorse. GOA was the only gun rights organization that showed up at all to fight for the Second Amendment, PERIOD. And our members and supporters … Read more
Florida: Vote GOA on August 18 -
Florida gun owners, Election Day is TODAY, Tuesday, August 18 — and it’s time to VOTE. The future of our Second Amendment rights in Florida will be shaped by who shows up to the polls in this primary election. At the top of the ticket, Gun Owners of America is backing Byron Donalds for Governor of Florida. When Florida passed the Parkland gun-control … Read more
Banking Dive
American Banker
Bank of International Settlements
High public debt in the Americas: non-linear implications for risk premia and inflation expectations -
by Eduardo Amaral, Rafael Guerra, Alejandrina Salcedo, Pablo Tomasini, Christian Upper
Lesetja Kganyago: Remarks - annual dinner for the Heads of Foreign Missions accredited in South Africa -
Remarks by Lesetja Kganyago, Governor of the South African Reserve Bank, at the annual dinner for the Heads of Foreign Missions accredited in South Africa, South African Reserve Bank, Pretoria, 9 July 2026.
Lesetja Kganyago: Overview of the South African economy -
Address by Lesetja Kganyago, Governor of the South African Reserve Bank, at the 106th Ordinary Annual General Meeting, South African Reserve Bank, Pretoria, 31 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases