Kitco News
Gold nears $4,660 as PCE, Jackson Hole frame Fed trade - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in early U.S. trading Monday, as a weaker U.S. dollar, fiscal-risk hedging and lingering Strait of Hormuz uncertainty kept buyers active despite still-elevated Treasury yields.
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.
Zero Hedge
Nano Nuclear Energy Signs Commercial Framework With Tillman To Enable Nuclear Power For Data Centers -
Nano Nuclear Energy Signs Commercial Framework With Tillman To Enable Nuclear Power For Data Centers
Regular readers are aware that one of our biggest concerns with the AI supercycle, and the entire AI arms race between the US and China, is that when push comes to shove, not only is there mounting grassroots opposition to data center build out across the US but, more importantly, t...
Macron Vows To Fast-Track More Missile Interceptors For Ukraine After Deadly Mall Strike -
Macron Vows To Fast-Track More Missile Interceptors For Ukraine After Deadly Mall Strike
Recent deadly Russian attack waves on Ukrainian cities - especially the capital - have prompted France to announce it will be speeding up deliveries of anti-air defense missiles to the Ukrainian armed forces.
It also comes after after a call between French President Emmanuel Macron and Ukraine...
Texas Governor Floats Prosecution Of Airports Over Muslim Foot-Washing Fountains -
Texas Governor Floats Prosecution Of Airports Over Muslim Foot-Washing Fountains
Authored by Jeremy Lott via The Epoch Times,
Texas Gov. Greg Abbott, a Republican, made his second push in two weeks to halt the Muslim foot washing facilities at his state's airports on Friday.
"DFW [Dallas Fort Worth International Airport] stopped plans to install additional Islamic wudu washing ...
Rumor Of Imminent New Russian Mobilization Sends More Young Men Fleeing Across Borders -
Rumor Of Imminent New Russian Mobilization Sends More Young Men Fleeing Across Borders
Ukraine alleges that the Kremlin is on the brink of mobilizing another 300,000 troops later this year in order to make up for significant battlefield losses.
"Russia has lost 267,000 personnel since the start of the year, including around 155,000 killed to date," Ukrainian President Volodymyr Ze...
Futures Slide Ahead Of "Pivotal Week" With Nvidia Earnings. Warsh Speech On Deck -
Futures Slide Ahead Of "Pivotal Week" With Nvidia Earnings. Warsh Speech On Deck
Futures are lower with Tech underperforming as the market focuses on NVDA / MRVL earnings this week; while the AI theme is pressured globally and memory stocks slump driven by a slide in the Kospi. Futures got a boost just after 7am when CNBC reported that the Treasury could use the General Account ($9...
Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks -
Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks
Having seen yields rebound from their initial decline following the upping of Treasury (long-end) buybacks to 'at least $4BN' per operation (and increased its total planned operations), Treasury Secretary Scott Bessent jawboned late last week about his 'bigger toolkit' and 'asymmetric inf...
The Teaser Period: Why The AI Boom Is Hitting A Reset Wall -
The Teaser Period: Why The AI Boom Is Hitting A Reset Wall
Having laid out, in July, the structural diagnosis that most of the market still refuses to confront: the AI boom is not a technology cycle. It is a credit-driven real-estate-like cycle whose financing architecture depends on the second derivative; the appropriately-named 'Groundbreaker' website has just dropped his next in...
Zelensky Says Wartime Elections Would 'Destroy' Ukraine, The Purported Bastion Of Democracy -
Zelensky Says Wartime Elections Would 'Destroy' Ukraine, The Purported Bastion Of Democracy
Ever since Russia invaded Ukraine in February 2022 with a goal of excising the Russian-speaking Donbas region, American and Western European officials have repeatedly said they and their countries are duty-bound to support Ukraine because, as Nancy Pelosi put it, "The battle for Ukraine is a...
Le Pen Poised To Win French Elections? New Poll Shows Commanding First-Round Lead -
Le Pen Poised To Win French Elections? New Poll Shows Commanding First-Round Lead
Summary:
Polymarket Odds And New Polls Show Le Pen Leading France's Presidential Race
New polling shows Marine Le Pen defeating every tested runoff opponent
Nomura says markets increasingly favor the "fiscally prudent" right over the reckless left
Nomura sees Europe lurching right during an 18-mo...
Israel Creates Fake Think Tank In Likely Attempt To Dupe AI Chatbots -
Israel Creates Fake Think Tank In Likely Attempt To Dupe AI Chatbots
Authored by Nick Cleveland-Stout via Responsible Statecraft,
At a glance, the Hanover Institute for Public Policy looks like a new think tank dedicated to Israel/Palestine. The organization churns out think-tank style reports on questions such as "Does AIPAC Use 'Dark Money in Elections?" and "Is Israel Carrying ...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Fidelity fund doubles gold holdings on uncertainty over Fed -
By Yihui XieBloomberg NewsMonday, August 24, 2026
A portfolio manager at Fidelity International Ltd. has doubled his fund's gold holdings over the past three weeks, citing increasing uncertainty over U.S. Federal Reserve policy as a catalyst.
After raising the proportion of bullion in the fund to a self-imposed limit of 5%, George Efstathopoulos said he would consider lifting this ceiling shoul...
South Korea's central bank wanted more gold but ended up with shares of GLD instead -
They haven't yet figured out that GLD is just unredeemable paper, easily revoked, seized, or frozen.
* * *
Why Is Bank of Korea Buying Gold Again?
By Im Eun-byelKorea Herald, SeoulSunday, August 23, 2026
After more than a decade, the Bank of Korea is back on a gold-buying spree, raising its exposure to the precious metal as it joins central banks around the world in diversifying their foreign r...
Bessent's bond maneuvers give debasement trade new life -
By Greg Ritchie, Denitsa Tsekova, and Isabelle LeeBloomberg Newsvia The Straits Times, SingaporeFriday, August 21, 2026
U.S. Treasury Secretary Scott Bessent's bid to tame U.S. borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: The dollar weakened while gold and Bitcoin rallied, reinforcing a debasement trade fueled by swelling U.S. deficits and conc...
Matthew Piepenburg: Is gold transforming from Washington's enemy to its last hope? -
Gold revaluation will do more for U.S. solvency than more debt and dollar devaluation
* * *
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichSunday, August 23, 2026
As headlines from the Iranian "conflict" continue to leave the world guessing as to what, if any, military, political, and financial solutions lie ahead, we can at least know this much: The approaching autumn looks a bit s...
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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Wolf Street
The Bond Market Is Finally Functioning Again, after 14 Years of Financial Repression -
Bessent, rather than touting hocus-pocus shows, should point at the growling bond market as reason to get serious about fiscal consolidation before the bond market starts to bite.
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%+.
CoinDesk
bitcoin.com
Digital Sovereignty Alliance Concludes Digital Asset Case Study Course at St. Andrew’s Episcopal School -
Washington, D.C., August 24, 2026 — The Digital Sovereignty Alliance (DSA), a nonprofit organization dedicated to advancing clear and ethical public policy, research, and education surrounding emerging technologies, today announced the completion of its inaugural Digital Asset Case Study Course at St. Andrew’s Episcopal School. Developed by DSA in collaboration with Professor Charles C.Y. Wang,...
Strategy Slams Brakes on Bitcoin Buying, Stockpiles $6.69B Cash -
Strategy bought zero bitcoin last week, choosing instead to stack billions in cash and buy back preferred stock as Michael Saylor’s company loaded its balance sheet for whatever bitcoin or its own securities throw at it next. The Tysons Corner, Virginia-based company revealed on Monday, Aug. 24, that not a single bitcoin changed hands from […]
Abraxas Builds $783M Hyperliquid Short, Hedges ETH as BTC Hits $77.5K -
Abraxas Capital has piled into a $783 million short position on Hyperliquid even as bitcoin’s biggest weekly rally since March 2023 forces billions of dollars in bearish bets to unwind elsewhere. Whales Hold Short Positions Through the Surge Abraxas Capital, Fasanara Capital, and Wintermute together are holding onchain short positions of 138,569 ETH and 3,425 […]
Solana Validators Open Vote on Constitution -
Solana kicked off its first formal governance vote on August 22, 2026, putting three proposals, including a plan to double annual disinflation to 30%, in front of validators through August 27. Three Proposals, One Vote The Solana network continued on its path of backend proactiveness this week, opening its first governance vote to validators yesterday, […]
Gold Hits $4,620 as Treasury Buybacks Reignite the Dollar Debasement Trade -
Gold surged to its highest price in three months this week, climbing past $4,600 an ounce and brushing $4,650 in futures trading, as the U.S. Treasury’s expanded bond buybacks revived fears of a weakening dollar. Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an ounce as Treasury […]
Reason
Economic Isolation -
Plus: Socialist real estate, return of the carrier pigeon, and more...
Jacob Mchangama on Frederick Douglass's Views on Free Speech During the Civil War -
An extremely interesting post (Mchangama, as many of you know, is a historian of free speech, among other things): [I]t's…
The post Jacob Mchangama on Frederick Douglass's Views on Free Speech During the Civil War appeared first on Reason.com.
Would Muslim Prayer Room at Public High School Violate Establishment Clause? -
Yes, Judge John Milton Younge (E.D. Pa.) suggested Friday in Hiester v. School District of Philadelphia: The crux of Plaintiffs'…
The post Would Muslim Prayer Room at Public High School Violate Establishment Clause? appeared first on Reason.com.
Renaming Streets "Cesar Chavez Boulevard" Didn't Violate First Amendment -
From 1 Community Compact v. City of Fresno, decided Friday by California Court of Appeal Justice Jennifer Detjen, joined by…
The post Renaming Streets "Cesar Chavez Boulevard" Didn't Violate First Amendment appeared first on Reason.com.
1 in 5 Americans Still Need Government Permission To Work -
Occupational licensing raises costs and limits mobility without improving safety.
Today in Supreme Court History: August 24, 1946 -
8/24/1946: Justice James McReynolds dies.
The post Today in Supreme Court History: August 24, 1946 appeared first on Reason.com.
Brickbat: What the Flock -
Police in Brookfield, Wisconsin, made a high-risk traffic stop on Interstate 94 after a Flock Safety camera flagged a vehicle…
The post Brickbat: What the Flock appeared first on Reason.com.
Open Thread -
What’s on your mind?
Trump Imposes Harmful and Illegal Section 338 Tariffs Against Many Canadian Imports -
Section 338 is a long-defunct part of the notorious Smoot-Hawley Tariff Act of 1930.
AI Freezes The Scholarly Voice -
AI trains on your voice at a particular point of time, and stunts future development.
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
Hard to shift, easy to reshape: central bank reserve demand and frictions -
by Mathias Drehmann, Xuewen FuHow far can central banks shrink their balance sheets? The answer sets the limits to quantitative tightening (QT), and depends critically on the demand for reserves and whether the drivers widely thought to have increased it over the past decade actually do so. We assess the impact of three such drivers: post-crisis liquidity regulation, monetization frictions, and...
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.
Federal Reserve - Press Releases
FDIC - Press Releases