Kitco News
Gold pressured despite falling yields as Hormuz diplomacy sparks oil price reversal - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were lower and spot silver prices were higher in late U.S. trading Tuesday, as weakening housing activity and lower Treasury yields failed to overcome persistent inflation concerns and expectations for additional Federal Reserve tightening.
Copper supply gap favors projects that can get built - Jeff Pontius -
(Kitco News) The coming copper supply gap is putting more value on projects that already have infrastructure, clearer permitting paths and a realistic route to production, according to exploration geologist Jeff Pontius.“There is going to be a copper gap here,” Pontius told Kitco Mining’s Digging Deep on Oct. 15.
Indian ETF inflows rise in September, imports fall further as seasonal demand gains momentum – WGC’s Chacko -
(Kitco News) – India’s seasonal gold demand is picking up, as recent price declines are helping support jewelry demand and ETF inflows, while gold futures activity and import volumes declined in September, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).In the latest WGC India update published Tuesday, Chacko wrote that gold prices have been steady in October...
Tokenized gold could unlock $700 billion new demand - World Gold Council -
(Kitco News) - Digital gold is emerging as a new pillar of support for the precious metal, and although the market remains in its infancy, the World Gold Council sees an opportunity to unlock hundreds of billions of dollars in new investment demand by transforming the ways that gold is owned, traded and used throughout the global financial system.
CIBC slashes gold price forecasts but sees recovery to $5,200 in 2027 as central bank demand offsets Fed headwinds -
(Kitco News) - Gold prices remain stuck in neutral, clinging to support around $4,100 an ounce as inflation pressures drive bond yields and the U.S. dollar higher; however, one Canadian bank remains bullish on the precious metal over the longer term, even as it significantly lowers its price forecasts through the end of the decade.
Gold struggling to catch a bid even as U.S. pending home sales drop 7.3% -
(Kitco News) - The gold market continues to struggle to attract safe-haven demand, even as the U.S. housing market loses significant momentum, with the number of Americans planning to buy a home dropping sharply in September.
Gold weaker, silver mixed as weak housing data offsets rising oil prices - Kitco AM Report -
(Kitco NewsWire) – Spot gold prices were lower and spot silver prices were volatile in early U.S. trading Tuesday, as weaker-than-expected housing activity highlighted the impact of elevated borrowing costs on the U.S. economy, while rising crude oil prices and persistent inflation continued to support expectations for additional Federal Reserve tightening.
Spot gold price near low after U.S. housing starts fall 5.2%, building permits fall 0.2% in September -
(Kitco News) - Gold prices are trading near session lows this morning after the latest data showed the U.S. housing market delivering a weaker-than-expected performance last month.
Gold falls as dollar, Treasury yields rise; silver holds modest gains - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were lower and spot silver prices were slightly higher in late U.S. trading Monday, as a firmer U.S. dollar and rising Treasury yields pressured bullion while traders weighed persistent inflation risks against expectations for a Federal Reserve pause later this month.
‘I got out of my bank stocks’: Why former Fed insider Chris Whalen is betting on gold -
(Kitco News) - Christopher Whalen has spent more than four decades picking apart bank balance sheets, starting at the Federal Reserve Bank of New York. So it says something that, at the end of September, he sold every bank stock he owned.
Zero Hedge
US, Partners Seize Nearly 1,500 Pounds Of Cocaine In The Caribbean -
US, Partners Seize Nearly 1,500 Pounds Of Cocaine In The Caribbean
Authored by Naveen Athrappully via The Epoch Times,
A U.S. task force and foreign partners seized nearly 1,500 pounds of cocaine in two operations in the Caribbean Sea over the past week.
The first interdiction involved U.S. Customs and Border Protection (CBP) detecting a go-fast boat in the Caribbean, directing...
Man Sells Everything, Travels 1,200 Miles To Meet Dream Woman, Only To Discover She's AI -
Man Sells Everything, Travels 1,200 Miles To Meet Dream Woman, Only To Discover She's AI
A lovestruck man sold everything he owned and traveled more than 1,200 miles by bus to meet the woman of his dreams, only to discover the beautiful blonde he had fallen for was nothing more than an AI-generated fantasy, according to local media.
Edimar Rocha Martins, a 49-year-old bricklayer...
Hacker Copied Records Of Millions Of California Students Through Education Contractor ETS -
Hacker Copied Records Of Millions Of California Students Through Education Contractor ETS
Authored by Kimberly Hayek via The Epoch Times,
The California Department of Education said Friday that a hacker accessed the data of millions of students by exploiting the system of a nonprofit contractor that works with the state. The data included students' names, birth dates, addresses, a...
"Big Tent" Backfires: Dem Rep Claims DSA Sent Her White Powder And Warned Of Impending "Civil War" -
"Big Tent" Backfires: Dem Rep Claims DSA Sent Her White Powder And Warned Of Impending "Civil War"
U.S. Rep. Hillary Scholten (D-Grand Rapids) is getting a taste of what happens when her "big tent" party fails to curb far-left extremism within its own ranks and is consumed by Marxist revolutionaries from the Democratic Socialists of America.
Here's what Scholten claims:
Today, I...
Controversial Map In Netanyahu Briefing Triggers Wave Of Speculation -
Controversial Map In Netanyahu Briefing Triggers Wave Of Speculation
Via Middle East Eye
Israeli Prime Minister Benjamin Netanyahu unveiled a map of the wider Middle East showing his country and the UAE aligned with a paramilitary in Sudan accused of committing genocide, and separatists in Libya, Yemen and Somaliland.
The map, which carried the logo of Germany's Friedrich-Ebert-S...
The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party -
The Billionaire Couple Quietly Spending Millions To "Reinvent" The Democrat Party
A billionaire hedge fund couple is dumping millions into a high-stakes effort to push the Democratic Party away from its increasingly radical left flank and challenge its entrenched leadership.
Steve and Sue Mandel, wealthy Democrat donors from Greenwich, Connecticut, have committed at least $20 mill...
Bolivia's Energy Crisis Deepens As Natural Gas Reserves Run Dry -
Bolivia's Energy Crisis Deepens As Natural Gas Reserves Run Dry
Authored by Felicity Bradstock via OilPrice,
Bolivia's dwindling natural gas reserves and declining exports have undermined its economy and intensified fuel shortages.
Rising global energy prices and subsidy cuts have increased living costs and fueled widespread protests.
A $1.9 billion IMF rescue package and energy...
Japan's Electricity Prices Surge 25% As LNG And Coal Costs Soar -
Japan's Electricity Prices Surge 25% As LNG And Coal Costs Soar
Authored by Tsvetana Paraskova via OilPrice,
Japan's average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices.
The nationwide power price rose by over 25% week-to-week to $0.19 (31.15 Japanese yen) per kilowatt-hour (kWh) on Monday, Bloomberg r...
Feds Using DNA To Probe Ilhan Omar 'Married Her Brother' Claim, Eye Conspiracy Charge: Report -
Feds Using DNA To Probe Ilhan Omar 'Married Her Brother' Claim, Eye Conspiracy Charge: Report
Federal prosecutors plan to use DNA evidence in their criminal investigation of Rep. Ilhan Omar (D-Minn.), people familiar with the probe told the New York Post on Monday. One source said the DNA is critical to proving the long-running allegation that Omar's 2009 marriage to Ahmed Nur Said...
$270 Million In Suspicious Student Aid Fraud Flagged By Treasury -
$270 Million In Suspicious Student Aid Fraud Flagged By Treasury
Authored by Naveen Athrappully via The Epoch Times,
The Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has discovered roughly $270 million in suspicious financial activity likely associated with student aid program fraud.
FinCEN issued an alert in July asking financial institutions to r...
MarketWatch - Top Stories
Bull markets tend to peak with a whimper, not a bang — but a 15% correction for the S&P 500 may be next -
Unlike bear-market bottoms, which typically end with a spasm of despair as traders throw in the towel, bull-market tops are far more gradual and less dramatic.
Super Micro’s stock soars after surprise update — with Dell and HPE shares joining the rally -
Super Micro unexpectedly disclosed that its revenue and profitability could be much stronger than originally anticipated.
Tesla’s stock rises as Elon Musk drops new clues about a possible SpaceX merger -
Special committees at both companies are assessing merger prospects but a combination is no sure thing, Musk says.
Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock -
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.”
Why SpaceX’s stock is surging — and lifting the broader AI universe along with it -
SpaceX just gave Wall Street a big reason to believe in the AI boom as demand for its computing power is off the charts.
‘I don’t feel sorry for myself’: I’m 64 and will be renting for the rest of my life — but here’s why I’m still hopeful -
“Ill-timed circumstances can change our financial future in unexpected ways.”
My wife says we can’t afford to retire. I vetoed her $8,000 trip to Italy. We’re in our 60s and have $4 million. Do I keep working? -
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
My partner of 17 years left me his $1 million home. His children say I influenced him to do so. Should I share my inheritance? -
“I never paid rent, although I put about $45,000 toward a new kitchen and a roof.”
Walmart takes aim at Amazon and Costco with new membership program — but is it a good deal? -
Some analysts question whether people will actually take advantage of Walmart’s new bundle, and how easy it is to make sense of the benefits.
It’s no secret what the best financial advice for retirement is — but most people ignore it anyway -
Research can prove a lot of facts, but that doesn’t mean it changes how people act.
CNBC Top News
CNBC Economy
GATA
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...
West Africa is the new Wild West of gold mining -
By Alexandra WexlerThe Wall Street JournalMonday, October 19, 2026
A modern-day gold rush is under way in West Africa.
Mining companies have raced to the region in recent years, investing billions of dollars in new gold mines to cash in on near record prices for the metal.
The boom comes despite a rise in resource nationalism, with local officials seizing assets and detaining executives to secu...
NYTimes shows LBMA gold mining standards are a fraud, like the LBMA itself -
How a Trillion-Dollar Industry Launders Illegal Gold
By Justin ScheckVisuals by Lynsey AddarioThe New York TimesMonday, October 19, 2026
In an industry riddled with abuse, the world's banks and governments rely on one entity to keep gangsters, warlords, and human rights violators from selling gold into the mainstream market.
That group, the London Bullion Market Association, is the self-describ...
Now where's the story about how the fiat currency boom has fueled wars everywhere for centuries? -
How the Gold Boom Is Fueling Tree Loss from Ghana to the Amazon
By Mark HillsdonReutersMonday, October 19, 2026
As the price of gold booms, so does the roar of excavators and scream of chainsaws in some of the world's most ecologically sensitive forests.
Between 2001 and 2019, gold drove more deforestation than any other mineral, from the dense tropical forests of the Amazon and Africa's wester...
Digital gold market triples to $55 billion as younger investors pile in -
A comeback for the fractional-reserve gold banking system?
* * *
By Daniel ThomasFinancial Times, LondonMonday, October 19, 2026
The value of the digital gold market has tripled since the start of 2025 to reach as high as $55 billion, as the industry seeks to court younger investors to invest in more easily traded forms of the bullion.
The World Gold Council said today that it expects digital ...
Wolf Street
Legal Tender News
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender -
Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...
This Day In Market History: Legal Tender Act Of 1862 -
What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
CoinDesk
U.S. CFTC sets agenda for AI forum, exploring trading and agentic finance -
A Commodity Futures Trading Commission task force is scheduled for October 28 to talk about how the latest "super intelligence" technology may impact markets.
OKX-ICE co-chair Andrew Cuomo calls corporate objections a ‘natural response’ to tokenized stock plans -
The former NY governor, who co-chairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a wait-and-see approach.
The Coinbase allegations expose Bitcoin's corporate governance gap -
Corporate adoption of bitcoin will stall as long as companies can't show who controls the money, who approves its movement, or whether it's still there, argues Onramp CEO Michael Tanguma.
BlackRock seeks to shield bitcoin investors from losses after rival fund weathers 50% crash -
BlackRock's proposed fund follows similar products from Calamos that helped investors avoid steep losses during bitcoin's selloff.
Kazakhstan court bars Coinbase, five others from unlicensed crypto services in Astana International Financial Centre -
The court injunctions apply strictly to users within the AIFC and do not extend across the rest of Kazakhstan.
Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading -
Seven more issuers have opted out of being listed on the planned tokenized stock venue under the SEC's framework, bringing its disclosed objection count to 16.
France's parliament approves vote to hit stablecoin trades with 31% capital gains tax -
Amendment I-3898 removes tax deferral for MiCA-compliant stablecoins starting January 2027.
Equity weakness could damp demand for bitcoin after biggest ETF inflows in a month -
Your day-ahead look for Oct. 20, 2026
JPMorgan sees 10% annual bitcoin returns, topping stocks, bonds and gold over next decade -
The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios.
Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protection -
Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries.
bitcoin.com
Stablecoins After the GENIUS Act, Part 1: What Businesses Need to Do Now -
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The op-ed below was written by Michael Handelsman for Kelman.Law and is Part 1 of “Stablecoins After the GENIUS Act: A Practical Legal Guide for Businesses.” The GENIUS […]
Project Eleven and Relm Explore Quantum Risks in Crypto Insurance -
Project Eleven has partnered with Bermuda-based Relm Insurance to explore incorporating post-quantum security controls into digital asset insurance underwriting. Assessing Post-Quantum Risk Models Post-quantum security firm Project Eleven announced a development partnership on Tuesday with Relm Insurance to explore how quantum computing threats can be evaluated within digital asset insurance un...
Musk’s SpaceX Earnings Rocket Higher as Bitcoin Stash Holds Firm -
SpaceX delivered a blockbuster third quarter, generating $14.6 billion in revenue, $4.4 billion in net income, and $8.8 billion in adjusted EBITDA. Behind those extraordinary earnings, Elon Musk’s company reported $1.573 billion in digital assets, consistent with its previously disclosed bitcoin holdings of 18,712 BTC. Artificial intelligence (AI) now leads the company’s revenue machine, while ...
Crypto Thieves Hijack Ngrave Alerts and Walk Away With $2.56M -
A fake security warning flashed across crypto wallets, sending users scrambling to protect their funds. Instead, the alert delivered them straight to thieves who drained roughly $2.56 million, exploiting a trusted notification system without ever cracking the hardware itself. A Fake Security Alert With a $2.56 Million Price Tag Belgian hardware-wallet maker Ngrave, commonly known […]
Quantum-Safe Blockchain Design Could Cut Fees and Network Bloat -
Upgrading blockchains to post-quantum cryptography typically causes severe network congestion, high gas fees, and state bloat due to massive signature and zero-knowledge proof sizes. Compact Shielded client-side validation (CSV) solves this problem by removing signatures from the blockchain and shifting data storage and verification to end-user devices. Eliminating Signatures: The 96-Byte On-Ch...
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
Victory! Court Rules OPM Data Disclosure to DOGE Is Unlawful -
In a victory for data privacy, a federal court in New York definitively ruled that the Office of Personnel Management (OPM) violated the law when it disclosed millions of federal employee records to DOGE agents. In a summary judgment ruling issued on October 20, 2026, the court found that OPM violated two provisions of the Privacy Act—one restricting disclosure of personal records between agenc...
Require Police to Get a Warrant to Search ALPR Data -
This post was co-written by Andi Cao, an EFF legal intern.
Automated license plate readers (ALPRs) are mass surveillance. They photograph every passing car and log where and when it was captured, building a searchable record of where nearly everyone drives. Cities should not buy them, and cities that already have them should shut them down.
Where these systems still operate, courts and state le...
Announcing Privacy Badger for Safari on macOS -
Exciting news for Safari users: Privacy Badger is now available on Safari for macOS! You’ll need Safari version 26.5 or higher to use it.
Whether you want to protect yourself from data brokers or just don’t want Big Tech profiting off your browsing data, Privacy Badger is here to help. More than 4 million people already use EFF’s free tracker-blocking extension to take a stand against online su...
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
PA: GOA Knocks Down Federal NFA Scheme—Now AG Dave Sunday Must Protect Pennsylvanians -
GOA’s Federal NFA Win Leaves PA Gun Owners in Legal Limbo: AG Sunday Must Act NOW! Following a massive legal victory by Gun Owners of America, law-abiding Pennsylvanians are finally seeing unconstitutional federal overreach dismantled. In Silencer Shop Foundation v. ATF, the federal court struck down the National Firearms Act’s unconstitutional registration and transfer scheme for short-barrele...
ATF GUIDANCE IS HERE! -
And there are some big changes thanks to GOA’s lawsuit victory… ATF just released guidance on our massive victory in our “One Big Beautiful Lawsuit,” which struck down the registration requirements for short barreled firearms and suppressors. This is huge news. In the weeks following our victory, GOA has been lobbying both the White House and Congress to press ATF … Read more
Grow GOA, Grow Your Business -
Get paid every time one of your customers joins the fight! As a part of Gun Owners of America’s Corporate Membership Program, you’re already actively in the fight to protect the Second Amendment. Your customers are the same gun owners we go to war for every day in Congress and in the courts. Today, we’re rolling out a new way … Read more
Banking Dive
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