Kitco News
Gold, silver slump as Fed minutes keep December hike risk alive - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Wednesday, as Federal Reserve minutes kept another year-end rate increase on the table while elevated long-end Treasury yields and a firmer dollar pressured non-yielding metals.
FOMC minutes show the Fed ready to hike again in 2026 as AI buildout replaces tariffs as main driver of core prices -
(Kitco News) – The minutes from the September 15-16 Federal Open Market Committee (FOMC) meeting showed Fed members acknowledging the need to respond to persistent inflation, with most expecting that another rate hike would be necessary before year-end, while several saw the effects of the AI buildout on core inflation increasing while the effects tariffs waned.
China’s central bank buys 21 tonnes of gold in September, largest monthly purchase in 3 years -
(Kitco News) – China ramped up its gold purchases in September as bullion prices declined, recording the largest monthly increase in its official reserves in three years, the People’s Bank of China announced on Wednesday.The central bank increased its gold reserves by 21 tonnes last month to 2,196 tonnes as of the end of September, marking the 23rd consecutive month of purchases, according to t...
Gold, silver slide as yields rise before Fed minutes, 10-year auction - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are lower in early U.S. trading Wednesday, as a rebound in long-dated Treasury yields, firmer dollar tone and oil back above $100 a barrel offset the Fed-pause relief from last week’s weak employment report.
Gold to hit $5,000, silver $97 in the next 12 months - LBMA delegate survey -
(Kitco News) - The ongoing energy crisis, persistent inflation and surging bond yields continue to create significant near-term headwinds for gold and silver, but those challenges have done little to shake the precious metals industry’s long-term bullish conviction.
Metals rise as oil steadies, yields pull back from 24-year highs - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were higher in late U.S. trading Tuesday, as Treasury yields eased from multi-decade highs and the U.S. dollar pulled back, giving metals room to extend their post-payroll rebound.
Hong Kong becomes Russia’s gold gateway to China as bullion flows shatter records -
(Kitco News) – Western sanctions have upended traditional gold flows, with Russian bullion that would normally go to London now pouring into Hong Kong at a record pace on its way to mainland China and other Asian markets.
LBMA 2026: Central banks find new reasons to increase official gold reserves -
(Kitco News) - For the last four years, central bank demand has transformed the gold market, providing a critical pillar of support for prices. Even if official demand continues to slow, reserve managers are increasingly viewing the precious metal as a strategic asset that can protect against geopolitical uncertainty, financial market instability and declining confidence in traditional reserve ...
Gold doesn’t have to be a ‘dead asset’: Tokenization could unlock utility and expand the market – LBMA 2026 -
(Kitco News) - Although gold is recognized as an essential monetary asset, it is also a dead asset, just sitting on a ledger; however, the tokenization of the precious metal could increase its utility, attracting more capital to the space, according to experts at the London Bullion Market Association’s annual Global Precious Metals Conference
Central banks add 39 net tonnes of gold in August with China, Uzbekistan and Poland leading purchases – World Gold Council -
(Kitco News) – Central banks maintained the strong monthly pace of gold allocation to their reserves in August, with the Chinese, Uzbek and Polish central banks leading all sovereign buyers, while other banks repatriated or transferred their sovereign bullion to new vaults, according to Marissa Salim, Senior Research Lead, APAC at the World Gold Council (WGC).
Zero Hedge
Syria's Jolani May Send Troops To Yemen To Fight Houthis -
Syria's Jolani May Send Troops To Yemen To Fight Houthis
Syria is said to be "cautiously" considering sending troops to assist Saudi Arabia in the fight against the Houthis in Yemen, Reuters and others are reporting Wednesday.
An anonymous US official described that this was a focus of conversation between Syria's self-declared President Ahmed al-Sharaa and Saudi Crown Prince Moha...
Researchers Develop AI 'Mind-Reading' Tool That Reconstructs What Your Eyes See -
Researchers Develop AI 'Mind-Reading' Tool That Reconstructs What Your Eyes See
Authored by Jacob Burg via The Epoch Times,
A cutting-edge new artificial intelligence (AI) tool can reconstruct images from a person's vision simply by analyzing brain scans.
There's our little test subject!The technology recreates a person's visual field with startling accuracy and can also predict ...
15 Economies Sign US-Led Statement Against Industrial Overcapacity; China, Russia, Brazil, Saudi Arabia Sit It Out -
15 Economies Sign US-Led Statement Against Industrial Overcapacity; China, Russia, Brazil, Saudi Arabia Sit It Out
Trade ministers from 15 economies, including the United States, South Korea and Japan, signed a joint statement to build sector-specific platforms addressing manufacturing overcapacity, the U.S. Trade Representative's office said Wednesday, according to Seoul Economic ...
Survey: Young Democratic Women Far More Likely To Blame Men For Their Problems -
Survey: Young Democratic Women Far More Likely To Blame Men For Their Problems
Authored by Bryan Hyde via American Greatness,
A recent survey shows that a majority of young, Democratic women believe that "the challenges that women face in American society" are due in great part to the behaviors or actions of men.
Breitbart reports that data from the Survey Center on American Li...
More Ukrainian-Style One-Way Attack Drones Seized In Mexico -
More Ukrainian-Style One-Way Attack Drones Seized In Mexico
The emergence of fiber-optic one-way attack drones among Mexican cartels signals a troubling security threat just south of the US border.
Images published by local outlet Luz Noticias show that the Mexican Army seized Category 1 suicide drones with fiber-optic cable reels and improvised explosives. This is sparking ongoin...
NY Times Suggests Babies Are Not Conscious -
NY Times Suggests Babies Are Not Conscious
Authored by Steve Watson via Modernity News,
The New York Times has decided the open question in science this week is whether a baby is conscious. Not a cluster of cells. Not a theoretical model. An actual newborn baby.
Carl Zimmer's 5 October piece, "Are Babies Conscious?" (yes that's a real headline) walks readers through a lab test ...
Pentagon Prepares 'Options' For Trump To Strike Iran Before Midterms -
Pentagon Prepares 'Options' For Trump To Strike Iran Before Midterms
Update(1615ET): The Atlantic is reporting Wednesday afternoon that the Pentagon is preparing strike options for the Commander-in-Chief to consider, and that Trump may actually pull the trigger before the midterm elections - though the report emphasizes that the decision is still being debated:
After months of on...
FBI Accuses Washington Man Of Coaching Canada's Tumbler Ridge School Shooter, Agreeing To Livestream The Attack -
FBI Accuses Washington Man Of Coaching Canada's Tumbler Ridge School Shooter, Agreeing To Livestream The Attack
Federal prosecutors have charged a Bellingham man with helping another person commit murder in a foreign country - alleging he coached an 18-year-old who killed eight people in Tumbler Ridge, British Columbia, in February and agreed to livestream the attack.
At the feder...
Forget The Plague, CDC Reports Recent Surge In Deadly Brain Fungus Cases -
Forget The Plague, CDC Reports Recent Surge In Deadly Brain Fungus Cases
Authored by Jack Phillips via The Epoch Times,
The U.S. Centers for Disease Control and Prevention has said in a recent report that healthcare officials and providers should be aware of a rare but deadly fungal infection that can affect the brain and has seen a surge in recent years.
Joel and 'neurodivergent...
Trump Wants To Build A New Camp David In The Most Trump Place Possible -
Trump Wants To Build A New Camp David In The Most Trump Place Possible
President Donald Trump wants to turn part of his own Florida golf course into a new presidential retreat modeled after Camp David, an unusual proposal that would further blur the line between the presidency and Trump's sprawling private business empire.
The plan calls for a portion of Trump International Golf...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
China's central bank adds gold in Sept. as bullion weakens -
By Jessica ZhouBloomberg NewsWednesday, October 7, 2026
China added more gold to reserves last month, pushing a buying streak close to the two-year mark as prices weaken toward $4,000 an ounce.
Holdings of bullion at the People's Bank of China expanded by 740,000 ounces in September, marking the 23rd month of accumulation, according to data today. The central bank -- among the biggest gold buye...
Hong Kong's bridge of gold completes China's yuan ambition -
Beijing's push to accumulate gold serves a larger goal: yuan internationalisation. In this series, Part I traces China's path to becoming a gold superpower, while this article explores Hong Kong's key role in safeguarding the nation's financial security.
By Chow Chung-yanSouth China Morning Post, Hong KongTuesday, October 6, 2026
https://www.scmp.com/opinion/hong-kong-opinion/article/3369468/ho...
James Turk: Money and federal autocracy -- 1913 and the quiet inversion of the American constitutional order -
By James TurkJohn Wiley & Sons, Hoboken, New JerseyMonday, October 5, 2026
The American Revolution affirmed that sovereignty inheres by nature in each citizen, and collectively in the people. The Constitution completed a structure in which authority flowed from citizens to their several State republics, and from the states to a Union holding only delegated powers.
The year 1913 inverted that o...
Africa's gold powerhouse bypasses US dollar to clear trade with China -
By Solomon EkanemBusiness Insider Africa, New YorkMonday, October 5, 2026
Ghana has begun allowing importers to use the Ghanaian cedi to pay for eligible imports from China, in a move aimed at reducing businesses' reliance on the US dollar for bilateral trade.
Bank of Ghana Governor Dr. Johnson Pandit Asiama disclosed the development at the 132nd Monetary Policy Committee press briefing, saying...
Intercontinental Exchange launches trading in gold futures in London -
By Philip StaffordFinancial Times, LondonTuesday, October 6, 2026
US derivatives group Intercontinental Exchange has begun offering trading in gold futures in London, in the latest attempt to introduce precious metals derivatives in the world's centre of physical bullion trading.
The New York Stock Exchange owner this week debuted precious metals contracts tied to daily auction prices set in Lo...
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 ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
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 ...
CoinDesk
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity -
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers -
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or fiat-ramp operator.
Gate bets all-in-one money app is crypto’s biggest consumer trend this year and next -
Gate rebrands around Gate Money, which combines accounts, asset conversion, savings and card payments as the exchange broadens beyond its trading base.
Crypto Long & Short: Zcash and the case for privacy in the age of AI -
AI has made it cheap to link wallet addresses to the people behind them, and the permanence of the blockchain means records don’t age out. Michael Zhao of Grayscale Research explains how Zcash’s shielded transactions address this problem, and why close to 29% of all ZEC ever mined now sits in the shielded pool.
Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization -
The National Bank of Kazakhstan said it will study a local currency-linked stablecoin and tokenized real-world assets with Tether.
Quantum computers threaten exposed private keys rather than blockchains, Europol warns -
EU law enforcement agencies urged developers, exchanges, and users to initiate phased post-quantum migrations immediately to prevent future unauthorized fund transfers.
Ether is about to lose a steady buyer as Tom Lee says Bitmine will stop token purchases -
Tom Lee said Bitmine will be “done stacking” once it owns 5% of ETH, setting an end date to an accumulation streak that began in mid-2025 and made the company the world's largest Ethereum treasury.
Crypto trading giant GSR's new vault business is a $100M bet on onchain credit -
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain.
Swift blockchain ledger requires key internal layers, Taurus co-founder warns -
Banks need their own permissioned ledger, wallet tools and smart-contract capabilities before they can use Swift’s tokenized-deposit network, Taurus’s Lamine Brahimi said.
Here’s what bitcoin needs to break above $87,000 -
Your day-ahead look for Oct. 7, 2026
bitcoin.com
Europol Warns Quantum Threat Could Put Crypto Fortunes at Risk -
Europol is pushing back on crypto’s quantum doomsday scenario. In a report published Wednesday, the agency says quantum computers pose a far greater threat to exposed wallet keys than to blockchains themselves, warning that vulnerable keys cannot be retroactively secured and will eventually need to be migrated. Europol Says Quantum Computers Threaten Crypto Keys, Not […]
10 AI Models Including Claude and ChatGPT Pick Crypto’s Year-End Winners -
The crypto leaderboard has been anything but sleepy in 2026, with venice token (VVV) up a staggering 1,541% year to date and several others already sitting on triple-digit gains. With less than three months left, Bitcoin.com News asked several leading AI models a tougher question: Which cryptocurrency still has the most firepower left before Dec. […]
Moody’s Gives Sky Protocol Its First Stablecoin Credit Rating -
Moody’s has given Sky Protocol a B3 rating with a stable outlook, marking the agency’s first rating of a stablecoin protocol. But the report carries a sting: Sky held only about $90 million in tangible common equity against roughly $10 billion in tangible managed assets as of September, leaving the former MakerDAO with what Moody’s […]
Pudgy Penguins Team to Shutter Ethereum Layer 2 Network Abstract -
Another Ethereum Layer 2 chain bites the dust: Just days after the creators of the once-hyped Blast said they’re shutting down the scaler, Abstract is about to follow suit. On Tuesday, Igloo Inc.—the company behind the crypto-native Pudgy Penguins IP—said that it will shut down Abstract, its Ethereum Layer 2 network that launched in mainnet […]
Quantum-Safe Quantus Launches QTC Token Trading via Near Intents -
Quantum-focused blockchain Quantus has launched trading for its QTC token through near.com and Near Intents, giving users access to more than 180 assets across over 30 chains without first sending funds to a centralized exchange. Quantus Opens QTC Trading Across 30+ Chains Quantus is taking an unusual route to market. The proof-of-work blockchain has […]
Reason
Ruben Gallego's Plan To Save America's Middle Class: Higher Taxes and More Unions -
The senator wants to “triple union density by 2035” and pay for a host of social welfare programs with new taxes on data centers and AI companies.
Why Trillionaires Will Be Good for America -
The problem isn't how rich someone is. It's how they got it.
A Survey of Crime Experts Deflates the 'Trump Effect' That Supposedly Reduced Homicides -
The respondents did not think much of the policies that the president says produced "the largest drop in violent crime in American history."
NYC Officials Bizarrely Want To 'Save' an AMC Movie Theater From a Hospital Expansion -
Who needs a bigger hospital when you can enjoy movie magic?
The Biggest Expansion of School Choice Yet Is Coming in January -
Starting next year, a dollar-for-dollar tax credit of up to $1,700 will fund K–12 scholarships. Thirty states have opted in, but many Democratic governors are holding out.
Is Our Age of Mass Incarceration Collapsing? -
Researchers say low crime rates by Gen Zers and millennials could keep driving down the prison population for the next two decades.
FCC Has 'Our Head on the Guillotine,' Disney Tells Federal Judge -
Disney asked a federal court to end the FCC's investigation of its ABC broadcast licenses, which it has called "pretextual" and "retaliatory."
TSA Screeners Union Hopes Passengers Protest Petty Rule Change That Only Affects Screeners -
The Trump administration has taken away TSA agents' chairs. Now the union wants the flying public to 'take a stand' for their return.
Compendium of Writings on the October 7 War and Related Issues -
Over the last three years, I have written a number of pieces on October 7, its aftermath, and Western reactions to it.
Alabama Public University Professors Must Now Call Gulf of Mexico "Gulf of America" (Except When Speaking on "Historical" Questions) -
From HB2, which was enacted last month: Beginning October 1, 2026, all state and local entities and their employees shall…
The post Alabama Public University Professors Must Now Call Gulf of Mexico "Gulf of America" (Except When Speaking on "Historical" Questions) appeared first on Reason Magazine.
Tenth Amendment Center
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...
The ONLY Cure for a Corrupted Republic -
Removing the corruption and restoring its lost principles is what Montesquieu said is the only path forward. Everything else is doomed to failure: “every other correction,” he warned, ”is either useless or a new evil.” On this episode, it’s the top-6 principles that built American independence. Forgotten and ignored for generations, but only truly lost if “We the People” refuse to bring them ba...
Electronic Frontier Foundation
Site-Blocking Will Not Defend IP, No Matter the Bill’s Name -
There has been a raft of site-blocking bills in the latest Congress, and the latest is called the “Deterring Extraterritorial Foreign Exploitation of Networks Damaging Intellectual Property” aka the “DEFEND IP Act.” The problem is that instead of “defending IP,” this bill will incentivize censorship, overblocking, and bad faith attempts to block access to a website. DEFEND IP Act, and all of th...
Congress Has Another Site-Blocking Bill, And This One Targets VPNs -
Congress is taking another run at site-blocking, a deeply flawed concept that would undermine basic internet infrastructure. Rep. Darrell Issa (R-CA) has introduced the American Copyright Protection Act (ACPA), H.R. 10364, a bill that would give copyright owners a new legal tool to block Americans’ access to foreign websites accused of copyright infringement.
The basic idea is all too familiar...
Victory! Court Rejects Government Effort to Dismiss Social Media Surveillance Lawsuit -
Judge Allows Social Media Surveillance Lawsuit Against Trump Administration to Move ForwardNEW YORK — A lawsuit filed by three labor unions against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online can move forward, a federal judge ruled yesterday.
On October 1, 2026, Judge Alvin K. Hellerstein of the U.S. Distri...
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
This Week in Gun Rights -
THIS WEEK IN THE FIGHT Here’s what you may have missed this week in the fight for the Second Amendment… This week, ATF confirmed that guidance is incoming on GOA’s historic victory against the registration requirements of the National Firearms Act… Also, ATF confirmed to Congress that they have more than 1.4 billion records in their illegal registry of guns … Read more
GOA Sues City of Jacksonville, Florida Over Illegal Gun-Free Zones -
FOR IMMEDIATE RELEASE September 29, 2026 Jacksonville, FL — Gun Owners of America (GOA), Gun Owners Foundation (GOF), Florida Carry, and individual plaintiffs have filed a lawsuit challenging firearm restrictions enforced at City-owned venues across Jacksonville. The suit (Case No. 16-2026-CA-006676-AXXX-MA) names the City of Jacksonville, Sheriff T.K. Waters, and Mayor Donna Deegan—and chall...
President Trump Just Killed DOJ’s Appeal -
PRESIDENT TRUMP TOLD DOJ: DON’T APPEAL GOA’S WIN! Thank you to President Trump for supporting the Second Amendment! President Trump personally ordered the Justice Department not to appeal our NFA victory. The deadline to file would have been October 5th. But, ATF still hasn’t issued guidance for FFLs and gun owners on how to proceed after the win. GOA has … Read more
Banking Dive
Third Coast to buy Oklahoma bank for $240M -
The announcement comes roughly a year after Houston-based Third Coast announced its $123 million purchase of Austin, Texas-based Keystone Bancshares.
Fed consolidates bank supervision structure -
Vice Chair for Supervision Michelle Bowman laid out changes Tuesday to the Fed’s supervisory structure intended “to implement a culture of accountability and clear decision-making authority.”
Ally CEO: ‘Strategy is about choices’ -
A narrower focus is driving better returns at the $200 billion-asset lender, although the credit and interest rate environment may challenge execution of Michael Rhodes’ strategy.
Rain, Modern Treasury seek OCC trust charters -
The firms join a growing list of fintech companies looking to get into the folds of federal regulation, days after a trade group sued the OCC over trust charters.
Top bank conferences to attend in 2027 -
Connecting with peers and competitors may offer the gut-check that banking leaders need so they can innovate in a way that lets customers and shareholders both prosper.
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases