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
First Signs Of A Deeply Frozen Housing Market -
First Signs Of A Deeply Frozen Housing Market
Authored by Milan Adams via Preppgroup,
At a glance
Existing-home sales have run roughly a third below their pre-2020 level for three years, while the median price has repeatedly set records - a combination that ordinary market logic does not predict.
A large majority of outstanding mortgages carry rates below 5 percent. Sellin...
El Nino Warmth Crushes US NatGas Futs In 15% Weekly Rout -
El Nino Warmth Crushes US NatGas Futs In 15% Weekly Rout
The impact of El Niño weather conditions appears to be bearish for US natural gas futures, as the fuel used to heat homes and power industry posted its largest weekly decline in eight months last week.
Temperatures in the 70s this November in the East? Seems possible 🌡️ https://t.co/2iISBbKWiX
— Ben Noll (@BenNollWeather) ...
Trump Says US Will 'Take Care Of Cuba' After Iran -
Trump Says US Will 'Take Care Of Cuba' After Iran
Authored by Ryan Morgan via The Epoch Times,
President Donald Trump hinted at a new U.S. foreign intervention in Cuba, potentially with military force, as he addressed supporters at a midterm campaign rally in Florida on Oct. 23.
He made the comments about Cuba after touting investments in the U.S. military during his administra...
Amazon, Canadians, And The Navy All Want Reactors In Indiana -
Amazon, Canadians, And The Navy All Want Reactors In Indiana
Amazon, Canadians, and the U.S. Navy all showed up in Indiana this past week with reactor plans.
On Monday, AEP, X-energy and Amazon unveiled a 960 MW nuclear proposal in Sullivan County, and Canada's AtkinsRéalis signed on to study up to eight CANDU reactors. On Tuesday, Radiant said the Navy had picked it to put a micr...
Record Oil, Empty Tanks: The UAE's Miracle Recovery -
Record Oil, Empty Tanks: The UAE's Miracle Recovery
Authored by Larry Johnson via Sonar21.com
Good news, everyone. The war is over, at least in the United Arab Emirates. That is the only conclusion you could draw from this month’s headlines. On October 14, Bloomberg reported the International Energy Agency’s estimate that UAE oil supply hit a record 5.3 million barrels a day in Se...
French PM Puts Telecoms On Alert For Nationwide Social Media Blackout As Far-Left Riots Spiral -
French PM Puts Telecoms On Alert For Nationwide Social Media Blackout As Far-Left Riots Spiral
Summary:
French PM Asks Telecoms To Prepare For Nationwide Social Media Blackout
Far-Left Unrest Spreads to Albania, Spain, Brussels, and Italy
Despite France Deploying Extra Police, Far-Left Riots Continue
EU's Far-Left Uprising Is a National Security Concern
Riots Begin In Franc...
The Next Fannie Mae Is Made Of GPUs -
The Next Fannie Mae Is Made Of GPUs
Authored by Patrick Feeley via Substack,
Private credit is financing the AI buildout against collateral with a short clock, and I think Washington ends up holding the risk...
Karp's logic
Alex Karp, one of the most contrarian CEOs ever, spent September making an argument most of the market has not yet absorbed, and I am writing this because ...
JetBlue Creditors Call In Restructuring Advisers As Stock, Bonds Crater -
JetBlue Creditors Call In Restructuring Advisers As Stock, Bonds Crater
A federal judge blocked JetBlue Airways' $3.8 billion takeover of Spirit Airlines during the Biden administration to protect consumers. That supposedly brilliant decision is now looking increasingly disastrous for both airlines and the passengers it was meant to protect.
First, Spirit Aviation shuttered all op...
18,000+ Kids Injected With Vaccines While Unconscious At Colorado Hospital -
18,000+ Kids Injected With Vaccines While Unconscious At Colorado Hospital
Authored by Jon Fleetwood via Modernity,
A March 2026 publication by The American Academy of Pediatrics (AAP) confirms that Children's Hospital Colorado (CHCO) has injected "more than 18,000" pediatric patients under "deep sedation or general anesthesia" who were undergoing surgery or other medical procedur...
Trump Floats Another 'Little Epic Fury' As Intel Warns Of 'Advanced' Plots To Kill US Officials Abroad -
Trump Floats Another 'Little Epic Fury' As Intel Warns Of 'Advanced' Plots To Kill US Officials Abroad
President Trump declared during a campaign rally in Florida on Friday that "We may do another little Epic Fury, or they’ll agree" - asserting an ultimatum for the Iranians to either agree to a deal or else face a new intensified bombing campaign, possibly with Israeli help.
"If t...
MarketWatch - Top Stories
My father-in-law, 81, sold his $75,000 home to pay his daughter’s $50,000 debt. How can I keep him from becoming destitute? -
“Nothing has been set aside for his needs.”
‘She’s living the dream’: My stepmother said I can buy my childhood home for $850,000. Is she taking advantage of me? -
“My late father bought our house for $250,000 in the 1990s.”
My husband wants to sell our $1.5 million home and invest the proceeds. But this is where we raised our kids — and I can’t bear to leave. -
“He wants to buy something for $600,000 now that we are empty-nesters.”
Young Americans are giving up on car ownership. It’s a path to financial freedom for some. -
With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room to spend on other things.
I’m 58 and hate annuities. How can I get dependable income in retirement? -
For a person looking to make their portfolio more conservative, a TIPS ladder may achieve the same effect
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.”
Over 40% of Americans are heading toward retirement ‘blind’ — with no plan -
Nearly half of Americans haven’t calculated what they’ll need in retirement.
Elon Musk promised a SpaceX share to every kid in America — don’t hold your breath -
Trick or treat? Musk has a long record of saying things have little relation to reality.
The Social Security Administration wants more babies signed up for ‘Trump accounts.’ But there’s still a catch. -
Social Security is looking to reverse an initially slow uptake on Trump accounts
Walmart, Best Buy and other stores now use digital price tags. Critics say they could lead to different prices for different shoppers. -
Store aisles are getting a digital makeover.
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 ...
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 ...
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, ...
CoinDesk
Strategy, Strive face balancing act between bitcoin buying and preferred stock dividends -
The securities have financed purchases of nearly 136,000 bitcoin, opening a funding channel that analysts expect to complement the larger ETF market.
Block's new voice AI sounds eerily human, sparking awe and scam fears -
Reactions split between amazement at how human it sounds and fears it could fuel scams and deception, with CZ eyeing uses in children’s education.
Crypto under weekend pressure, bitcoin slides below $80,000 on U.S. Middle East evacuations -
Bitcoin has sunk to its weakest level in more than one month.
Why McDonalds, Microsoft and Google saying no to tokenized stocks isn't a dealbreaker -
Some of the world's biggest companies objected to being listed on the first tokenized securities trading venue under the SEC's innovation exemption. But the early pushback may say more about issuer caution than about rejection of tokenization itself.
Argentina drops criminal probe into President Milei over crashed memecoin LIBRA -
The judge found that Milei's promotion of LIBRA did not constitute fraud, despite the attention his support drew to the token.
Wells Fargo, Cisco, Marvell among latest firms objecting to OKXICE's tokenized stock plan -
Six more companies have objected to listing tokenized versions of their stock on the venue, Reuters reported, bringing the total to 22.
Bitcoin’s wealthy holders turning to loans and yield as investment habits mature: Xapo CEO -
Borrowing against bitcoin and earning income to build their BTC holdings are becoming priorities for long-term investors, Xapo Bank CEO Seamus Rocca told CoinDesk.
U.S. Clarity Act failure gives Asia and Middle East a competitive edge, says Apex Group CEO -
Apex Group CEO Peter Hughes warned that the failure of the U.S. Clarity Act will drive digital asset businesses toward faster-moving jurisdictions in Asia and the Middle East.
Franklin Templeton adds $150 million in fund shares to XRP Ledger, all in one wallet -
Two subscriptions on Thursday nearly quadrupled the fund’s tokens on the network. The receiving wallet shares its authorized signers with the issuer.
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.com
Nasdaq-Listed XRP Firm Evernorth Puts 13-Year-Old Wallet in Spotlight -
Evernorth is drawing on Fuzzybear’s early XRP history for a limited merchandise collaboration. The initiative connects a publicly traded treasury company with supporters who built a community around the wallet and its symbolic trading order. Fuzzybear’s 2014 Offer Becomes Part of XRP History A wallet activated in 2013 inspired a limited merchandise release that Evernorth […]
Gold Bugs Meet Their Worst Nightmare: A Machine That Prints Gold -
A San Francisco startup claims it has turned mercury into real gold, beating CERN’s production rate by ten times. The nuclear feat comes as gold trades just under $4,000 an ounce, roughly 26% below its January peak, raising questions about future scarcity. Marathon Fusion Claims a Breakthrough in Gold Production Marathon Fusion announced this week […]
Grayscale Tracks 580% Crypto Winner Targeting AI Computing Revenue -
Grayscale is highlighting three crypto projects addressing artificial intelligence (AI) training data, hardware financing, and computing revenue. PEARL’s reported 580% three-month gain accompanies the firm’s assessment of blockchain applications across the industry’s supply chain. PEARL’s 580% Gain Puts AI Computing Rewards in Focus Blockchain projects are developing ways to earn revenue from A...
Keystone Wallet Data Breach Exposes Buyers’ Addresses to Scammers -
Hardware wallet maker Keystone disclosed a customer data breach on Saturday, after unauthorized access to its website exposed names, shipping addresses, contact information and purchase details. The company says recovery phrases and private keys remain secure. The incident adds Keystone to a growing list of hardware wallet manufacturers facing security problems in 2026, including Ledger, […]
X 100 Global Loses Millions as Three-Seat Senate Is Hijacked -
Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury. Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals. The X token plunged more than 96%, while liquidity evaporated across […]
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