Kitco News
Metals weaken as front-end yields, Hormuz risk offset softer dollar - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were lower and spot silver prices were sharply lower in late U.S. trading Tuesday, as traders cut exposure ahead of Wednesday’s U.S. inflation report while front-end Treasury yields and December Federal Reserve rate-hike risk remained firm.
Silver’s industrial demand, mining dynamics and free float mean price rally might not impact supply until it overwhelms it – Sprott’s Zhu -
(Kitco News) – Silver has key differentiators that insulate the impacts of the price action from the underlying supply and demand dynamics – but when investors do pile into silver, the grey metal’s constrained physical supply means the market can go parabolic in a way that gold is unlikely to ever do, according to Kenny Zhu, Director of Research and Investment Strategy at Sprott.
Silver prices could be headed back to $50 - Bloomberg’s McGlone -
(Kitco News) - Silver prices could remain under pressure for years as the precious metal struggles to recover from its historic rally, and one market strategist warns that prices could fall back to $50 an ounce in the near term before finding meaningful support.
‘Single-asset portfolio’: Kazakhstan plans gold sales as holdings reach 78% of reserves -
(Kitco News) –Kazakhstan's central bank has announced plans to rebalance its reserves by selling off some of its massive gold reserves, flipping one of the world’s leading buyers into a big seller for the remainder of 2026.Aliya Moldabekova, Deputy Governor of the National Bank of Kazakhstan, explained in a recent interview that the current multi-decade highs in Treasury yields make dollar asse...
Gold price holding steady as U.S. existing home sales rise 1.5% -
(Kitco News) - The gold market continues to hold its own, trading in relatively neutral territory even as positive U.S. housing market data reduces safe-haven demand for the precious metal.
Gold firms as dollar, yields and oil retreat before CPI - Kitco AM Report -
(Kitco NewsWire) – Spot gold prices are firmer and spot silver prices are near steady in early U.S. trading Tuesday, as a softer U.S. dollar, lower Treasury yields and a pullback in oil prices supported metals ahead of Wednesday’s U.S. inflation report.
Gold, silver soften as markets price in December Fed hike risk - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were lower after the close Monday as a firmer U.S. dollar, renewed oil strength and elevated Treasury-yield risk offset safe-haven demand tied to the Strait of Hormuz and the U.S.-Iran conflict.
Gold defies multi-decade high bond yields, but Q4 headwinds remain – Invesco -
(Kitco News) - The gold market continues to face significant headwinds from persistent inflation, rising interest rates and higher bond yields; however, the precious metal has demonstrated remarkable resilience, ending the third quarter with solid gains even as U.S. Treasury yields climbed to multi-decade highs.
Gold price needs a dovish Fed or renewed debasement fears to reverse its downtrend – Bank of America -
(Kitco News) - Investment demand in gold-backed exchange-traded funds has been resilient in the face of persistent inflation, higher bond yields and a stronger U.S. dollar
Gold ETF demand defies rising bond yields as investors pour $31 billion into record third quarter – WGC -
(Kitco News) - Gold faces headwinds as persistent inflation pressures support higher interest rates, driving bond yields and the U.S. dollar higher.
Zero Hedge
Guess Which European Country Is Tolerating Child Marriages? -
Guess Which European Country Is Tolerating Child Marriages?
Authored by - Remix News Staff - via Remix News,
A parliamentary inquiry by Alternative for Germany (AfD) lawmakers in the German state of Baden-Württemberg has brought to light official data showing that authorities have recorded 358 so-called child marriages since April 2012, with courts formally annulling only eight of...
Is The West Funding Mexican Narcoterroist Soldiers In Ukraine? -
Is The West Funding Mexican Narcoterroist Soldiers In Ukraine?
President Claudia Sheinbaum said last week that authorities are investigating a video purportedly showing cartel-linked fighters on Ukraine's front lines.
The investigation comes amid growing concern that Mexican narcoterrorists are incorporating lessons from the war into their operations, including one-way attack dr...
WHO Issues Update On Russian Plague Lab Worker's Death -
WHO Issues Update On Russian Plague Lab Worker's Death
Authored by Jack Phillips via The Epoch Times,
The World Health Organization (WHO) on Oct. 10 said it still doesn't know what caused the pneumonia that killed a Russian anti-plague researcher earlier this month, but it noted that no case of plague has been registered.
An infectious diseases hospital in the town of Shelekhov, ...
Nobody Goes To War For The Rules-Based Order -
Nobody Goes To War For The Rules-Based Order
Authored by J.B. Shurk via American Thinker,
Are all cultures equally worthy of our respect? Globalists say, "yes."
Are all religions equally worthy of our respect? Globalists say, "yes."
Are all nations equally worthy of our respect? Globalists say, "yes."
Globalists speak of "multiculturalism" as if it were a virtue and equate West...
Iran Threatens Neighbors With Ground Invasions If US Bombs Again, Preps Citizen Insurgency -
Iran Threatens Neighbors With Ground Invasions If US Bombs Again, Preps Citizen Insurgency
America's Gulf allies have raised the possibility of an Iranian military ground invasion of their territories in the event of a major renewed US bombing campaign, which President Trump has threated to restart against Iran after the November midterm elections.
It's an oddly specific, and perh...
ATF Director Denies Existence Of Gun Registry, Warns That Future Admins Could Develop One -
ATF Director Denies Existence Of Gun Registry, Warns That Future Admins Could Develop One
Authored by Michael Clements via The Epoch Times,
Gun Owners of America and members of Congress are renewing their call for the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) to destroy approximately 1.4 billion ATF records that they call an illegal gun registry.
ATF Director R...
Ilhan Omar's Staff Scrambled To Change Her Birth Year Days After Fraud Allegations Emerged -
Ilhan Omar's Staff Scrambled To Change Her Birth Year Days After Fraud Allegations Emerged
One day after federal agents raided Ilhan Omar's Washington home, we lear that her congressional staff got her birth year changed in Minnesota's official legislative records in May 2019, moving it from 1981 to 1982 - months after she was sworn into Congress. Alpha News was first to the punchb...
Philly Cop Killer Admits He Targeted Officers Because They Were White -
Philly Cop Killer Admits He Targeted Officers Because They Were White
Authored by Steve Watson via Modernity.news,
A Philadelphia city employee with a long rap sheet ambushed police responding to a call, killed one officer and critically wounded another, then told investigators he did it because they were white.
Eric Lewis, 35, a trades helper for the Philadelphia Water Departm...
Trump Announces Federal Support To Keep Local Energy Provider Online In Ohio -
Trump Announces Federal Support To Keep Local Energy Provider Online In Ohio
President Donald Trump said at an Oct. 12 rally in Youngstown, Ohio, that the departments of Energy and Commerce will help keep SOBE Thermal Energy Systems, a troubled downtown steam utility, running as cold weather approaches. "You're going to stay nice and warm during the winter," Trump said at the Covel...
Shock Video: Family Makes Horrifying Discovery After Finding Daughter Alive In Coffin During Wake -
Shock Video: Family Makes Horrifying Discovery After Finding Daughter Alive In Coffin During Wake
A grieving family was left stunned after reportedly discovering that their 15-year-old daughter was still alive inside her coffin during her own wake in Guatemala, according to local media.
The shocking ordeal has raised questions about how the teenager came to be treated as dead, o...
MarketWatch - Top Stories
‘I am a pretty cautious person’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky? -
“I like my life, but I also like the idea of a big return after years of putting money into my 401(k).”
My wife says we can’t afford to retire, yet she wants to take an $8,000 trip to Italy. We have $4 million. Do I keep working? -
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
Chip stocks suffer worst stretch in 16 months as AI fatigue grips the market -
Anticipation is building for Anthropic’s investor day, as Wall Street grows less patient with heavy AI spending.
The SpaceX threat could loom over AT&T’s stock for a prolonged stretch, analyst cautions -
Bernstein analyst Laurent Yoon no longer recommends any of the major telecommunications stocks as he warns of more volatility ahead.
Six Flags’ stock slumps near 17-year low after fatal incident -
A fatal accident on a Six Flags Entertainment roller coaster sent shares of the amusement-park operator tumbling.
AST SpaceMobile’s stock is feeling the heat from SpaceX’s wireless plans -
AST’s commercial rollout could face delays due to satellite-launch challenges and SpaceX’s growing ambitions, an analyst warns.
UnitedHealth keeps medical costs under control — and raises its outlook again -
The health-insurance giant said its medical-cost ratio was 88.4% in the third quarter of this year, as the company tries to rein in spending on medical care.
Was Broadcom CEO bullish or bearish on AI? ‘Gamblers’ comment creates storm. -
The comments made by Broadcom’s CEO at a conference in Singapore have been cited as a reason for microchip stocks’ slumps on both Monday and Tuesday.
Micron’s stock extends declines as China competition heats up -
Even Elon Musk says Chinese memory-chip makers are catching up.
My sister moved in with our mother, 78, and now says she deserves the $925,000 family home. Is she right? -
“The house is worth $925,000 and mom owns it outright. She also has $480,000 in investments.”
CNBC Top News
CNBC Economy
GATA
Bank of America fined $1.2 billion for money laundering and sanctions violations -
By Samantha DelouyaCNN, New YorkTuesday, October 13, 2026
The U.S. Treasury Department today announced it was imposing a more than $1.2 billion fine on Bank of America, accusing the bank of violating anti-money laundering and sanctions laws.
The bank, the second-largest in the U.S., failed to mitigate and report "priority national security risks, including Chinese money laundering networks and ...
DRCongo to demand franc payments, not dollars, to boost currency, investment -
By Michael J. KavanaghBloomberg NewsMonday, October 12, 2026
Democratic Republic of Congo’s central bank will soon require a range of payments to be made in francs instead of dollars -- including to mining subcontractors -- to strengthen the local currency and encourage domestic investment, Governor Andre Wameso said.
Miners, who are already required to repatriate 60% of their export revenues t...
Even CNBC gets it now: How China's gold-buying spree helps the yuan go global -
How a Gold-Buying Sppree Helps the Yuan Go Global
By Evelyn ChengCNBC, New YorkMonday, October 12, 2026
China's decades-long push for yuan internationalization is getting a lift from the buildout of Hong Kong as a gold trading center -- denominated in the Chinese currency.
"As those trading volumes grow, there would be a growing volume of the physical gold trade that is denominated in RMB and n...
The game changer in Hong Kong's gold ambition is to serve as Shenzhen's jewelry hub -
By Chow Chung-yanSouth China Morning Post, Hong KongMonday, October 12, 2026
https://www.scmp.com/opinion/hong-kong-opinion/article/3370195/game-changer-hong-kongs-gold-ambition-shenzhens-jewellery-hub
Hong Kong's ambition to become an international gold trading centre rests not only on serving the nation's financial needs, but also on China's booming consumer market for gold.
As the world's la...
GATA still needs your help and now accepts credit card donations -
11:36a ET Monday, October 12, 2026
Dear Friend of GATA and Gold:
People increasingly dislike the chore of writing checks and sending them through surface mail, so GATA now is able to accept donations by credit card.
This service is provided to GATA by a Montreal-based company called Zeffy, which assists nonprofit organizations like GATA for free, allowing them to receive 100% of the donations m...
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 ...
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
Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now -
Coinbase says bitcoin should start preparing for quantum computers now, with flexible addresses, a backup quantum-proof key and a separate debate over lost coins.
Ripple adds Stripe-owned wallets to XRP Ledger as AI payments pass 14 million -
The integration will let software pay for online services using XRP and RLUSD, while questions remain about how much real economic activity the transactions represent.
Solana sets Oct. 21 for Alpenglow upgrade targeting 150-millisecond finality -
The switch will replace Solana’s existing validator voting system, remove vote transactions from blocks and could sharply change headline transaction counts even if user activity stays flat.
Bitcoin climbs toward $84,000 after Fed’s Williams sees no rate hikes in 2027 -
ZEC led a broad bounce among major tokens, and Korean chipmakers snapped a five-day losing streak ahead of Thursday’s U.S. inflation data.
Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action -
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.
Strive raising $500 million to buy additional bitcoin with new preferred share class -
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing -
The transaction shows how blockchain-based government bonds could help trading firms move collateral faster between settlement and financing.
Crypto exchange MNX takes on OKX, Bitget offering pre-IPO futures for AI giants -
MNX is offering a different way to trade the future valuations of private AI companies, including OpenAI, Anthropic and DeepSeek.
UK crypto trader says almost $800,000 lost in knife assault as wrench attacks proliferate -
A crypto trader in the U.K. claimed masked intruders stole nearly $800,000 in cryptocurrency at knifepoint, furthering concerns of "wrench attacks" spreading in the country.
South Korea blocks 27 crypto exchanges, including Bitmart and Kucoin -
The country’s regulators are stepping up their earlier restrictions on mobile apps to websites, targeting unregistered exchanges before investors report losses.
bitcoin.com
Jeff Bezos’ Parents Put $250,000 Into His 1995 Internet Bet Despite a 70% Loss Risk -
In 1995, Jeff Bezos pitched his parents, Miguel and Jackie Bezos, on an online bookstore and they put $250,000 of their savings into the idea after he warned there was a 70% chance they would lose everything. That early stake, bought at roughly 17 cents a share for 1,430,244 shares, later ballooned to a value […]
A Michigan Doorstop Was Authenticated as a $100,000 Rock From Space -
A 10.22 kg rock that sat on a Michigan farm for decades was confirmed in 2018 to be a Group IIIAB iron meteorite made of about 88.5% iron and 11.5% nickel. Central Michigan University geologist Mona Sirbescu authenticated the find and the Smithsonian later verified it, putting its value around $100,000 and naming it “Edmore.” […]
Bitwise, SVRN Bet on NEAR as AI Infrastructure Thesis Takes Shape -
Bitwise’s NEAR ETF and SVRN’s ambition to accumulate 10% of the token’s supply are opening different routes into the same investment thesis: blockchain infrastructure for an AI-driven economy. In an interview with Bitcoin.com News, their executives explained where they see value and how it could reach investors. Bitwise’s NEAR ETF Targets Crypto-AI Demand Wall Street […]
Bitcoin and XRP Sentiment Turn Fearful as Ethereum Draws Bullish Buzz -
Bitcoin and XRP social sentiment is bearish after price declines, including XRP’s weekly drop exceeding 9%, while ether attracts roughly twice as many bullish comments as bearish ones. Santiment’s assessment links the contrast to a potentially more favorable recovery setup for XRP and bitcoin. Bearish Commentary Dominates Bitcoin and XRP After Price Declines Bitcoin and […]
XRPL Commons Selects 13 Startups for Payments, AI, and DeFi Push -
XRPL Commons has selected startups developing stablecoin payments, AI commerce, and blockchain lending for its first fully online Aquarium cohort. The program connects founders with coaching, investors, and potential grants to expand XRP Ledger applications. 13 Startups Take XRP Ledger Applications Beyond Transfers Startups developing payment and financing applications will receive support thro...
Reason
Open Thread -
What’s on your mind?
Other Courts Should Heed a Federal Judge's Warning About Flock-Enabled Mass Surveillance -
Car-tracking cameras, like cellphones, generate vast amounts of sensitive data.
Court Issues Preliminary Injunction Requiring CNN, MS NOW, and Politico to Be Readmitted to White House -
"[T]he Court is 'not required to exhibit a naiveté from which ordinary citizens are free.'"
No Immunity for Judge Who Locked Children in Holding Cells in Custody Case -
From Rockett v. Eighmy, decided today by Eighth Circuit Judge David Stras, joined by Judges Bobby Shepherd and Jane Kelly:…
The post No Immunity for Judge Who Locked Children in Holding Cells in Custody Case appeared first on Reason Magazine.
Will Pennsylvania's Vape Ban Create More Cigarette Smokers? -
Starting next week, retailers will face steep fines for selling unapproved e-cigarettes, potentially pushing consumers back toward smoking or into illicit markets.
The Shane Gillis SNL Backlash Is Really Stupid -
"It's complacency that has created the environment in which women are sexually assaulted," said Dan Levy.
Submit Your Articles to the Journal of Free Speech Law, Before You Circulate Them to the Law Reviews -
We'll give you an answer within 14 days, and we can publish them within a few months, if you'd like.
Trump Fired Kimberly Guilfoyle for Influence Peddling That Pales Next to His Presidential Profiteering -
If the former ambassador tried to use her office for personal gain, she was only imitating her boss.
Interesting Criminal Case on Proving Intent to Cause Fear, Stemming from Confrontation at Protest -
From State v. Elavsky, decided yesterday by Minnesota Court of Appeals Judge Kevin Ross, joined by Judge Elise Larson: Neil…
The post Interesting Criminal Case on Proving Intent to Cause Fear, Stemming from Confrontation at Protest appeared first on Reason Magazine.
Code Games 2.0 -
The Trump administration begins the implementation of manufactured housing deregulation.
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
As Federal Court Rules ALPRs are Mass Surveillance, EFF Gets Disappointing Ruling -
In an extremely disappointing ruling, a California trial court dismissed SIREN v. San Jose, our case challenging the city of San Jose’s warrantless searches of its vast stores of automated license plate reader (ALPR) data. EFF and the ACLU of Northern California represent SIREN and CAIR California, two non-profits that serve San Jose residents, in this case.
Make no mistake: We believe this rul...
Privacy's Defenders Podcast: No Privacy Without Encryption -
When we communicate online today – from your personal emails and DMs to secure international commerce – we usually do so with encryption. Encryption converts readable data into unreadable gibberish to protect our privacy and security. This didn’t just happen organically. Three decades ago, the U.S government treated encryption like a weapon, and it took some unlikely heroes to set it free: a gr...
Resisting the Menace of Federal Data Consolidation -
In the past two years, the federal government has unlawfully consolidated data exposing our private information.
This consolidation has been chaotic but generally came in three rolling waves: It started with DOGE, moved to agency-to-agency data sharing with ICE, and then attempted data-driven purges of state voter rolls.
We all deserve to live in a world where the data we use to pay our taxes,...
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
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
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
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity ... -
Federal Reserve Board announces enforcement action against American Express Company to address, among other things, the firm’s failure to sufficiently detect and report certain suspicious activity related to money laundering
FDIC - Press Releases