Kitco News
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.
‘Short the dollar’ and hold gold or Bitcoin as inflation erodes wealth – Ledn’s Leeds -
(Kitco News) – Inflation and jurisdictional risks are serving as powerful examples of the value of alternative assets like gold and Bitcoin, and the ability to borrow against these non-yielding assets could make them even more attractive in the coming years, according to Adam Leeds, CEO of digital-asset-backed lending platform Ledn – which is launching Tether Gold-backed loans in the coming wee...
Gold's path to $6,000 and silver's return above $90 depend on renewed investor confidence – Metals Focus -
(Kitco News) - Gold prices continue to struggle as persistent inflation and rising interest rates drive investors toward higher-yielding assets; however, one precious metals analyst says the market is consolidating rather than entering a bear market, with the structural drivers that supported last year's historic rally remaining firmly intact.
U.S. consumers suffering highest financial stress since COVID as rising debt masks growing economic pain – LegalShield -
(Kitco News) - American consumers are facing mounting financial pressure as persistent inflation, higher borrowing costs and record household debt take their toll, but one market analyst warns that traditional economic indicators may be masking the true extent of the deterioration in household finances.
Gold and silver prices pressured by hot inflation, but gold ETF holdings buck trend to hit 2026 highs – Heraeus -
(Kitco News) – Gold and silver both came under renewed pressure following last week’s elevated CPI and PPI prints. Still, gold ETF demand has bucked the earlier trend to rise to annual highs despite the oil and rate headwinds. At the same time, India’s evolving import tax rules continue to impact precious metals demand, according to precious metals analysts at Heraeus.
Gold slips, silver gains as oil retreats and Fed-pause expectations hold - Kitco AM Report -
(Kitco NewsWire) – Spot gold prices were slightly lower and spot silver prices were higher in early U.S. trading Monday, as declining oil prices and lower Treasury yields provided support for precious metals while persistent inflation and expectations for additional Federal Reserve tightening limited buying interest.
Wall Street undecided on gold’s near-term trajectory, Main Street flirts with bearish bias after gold hits $4,200/oz ceiling -
(Kitco News) – Gold prices staged a late-week recovery after coming under heavy pressure from hotter-than-expected U.S. inflation data, rising Treasury yields, and a firmer dollar, as falling bond yields and reduced expectations for an October Federal Reserve rate hike helped the precious metal recover much of its losses.
Gold, silver diverge as Fed-pause expectations collide with rising crude prices - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were near steady and spot silver prices were lower in late U.S. trading Friday, as sharply higher crude oil prices and a modest rebound in Treasury yields offset support from a weaker U.S. dollar and renewed safe-haven demand.
Gold looks to housing, PMI and consumer sentiment data for direction next week -
(Kitco News) – Gold heads into the coming week with investors focused on the health of the U.S. economy and the Federal Reserve's interest-rate outlook, as housing, employment and business activity data could drive volatility across precious metals markets.
Zero Hedge
Brookfield, NextEra To Build $100 Billion AI Hub On Cold War Nuclear Site -
Brookfield, NextEra To Build $100 Billion AI Hub On Cold War Nuclear Site
Authored by Alex Kimani via OilPrice,
The U.S. Department of Energy (DoE) has announced a landmark $100-billion private investment to turn the former uranium enrichment site in Western Kentucky into the new Paducah American Energy Hub, marking one of the largest economic development projects in Kentucky's hi...
'Once He Leaves, The Case Is Over': Judge Jails OpenAI Bugging Suspect After Saudi Consulate Offers 'Blank-Check' Bail -
'Once He Leaves, The Case Is Over': Judge Jails OpenAI Bugging Suspect After Saudi Consulate Offers 'Blank-Check' Bail
When a foreign government volunteers to bankroll your release from federal custody, it may be time to reconsider the "no ties to a foreign state" defense.
On Monday, a San Francisco federal magistrate ordered Abdulrahman Alfozan, the 35-year-old Saudi national acc...
Iran's New Defense Minister Is A Veteran Arms Industry Chief, Vows Tech Expansion -
Iran's New Defense Minister Is A Veteran Arms Industry Chief, Vows Tech Expansion
Via The Cradle
Tehran appointed a new Defense Minister, military industry veteran Mehrdad Akhlaghi, on Sunday during a vote of confidence at an open session of the Iranian parliament.
Akhlaghi received 237 votes in favor and 15 against, with no abstentions. Former Defense Minister Aziz Nasirzadeh wa...
Another Nor'easter Brews In Atlantic, Putting Mid-Atlantic In Potential Crosshairs -
Another Nor'easter Brews In Atlantic, Putting Mid-Atlantic In Potential Crosshairs
Meteorologists are monitoring the risk of a coastal storm developing off the southeastern US early next week, raising concerns about a storm similar to the powerful nor'easter that hit the US East Coast in late September. The potential threat comes as the East Coast has had a quiet hurricane season s...
'Operation Protect The Vote': Feds Arrest 28 Foreign Nationals In California Monday For Illegal Voting -
'Operation Protect The Vote': Feds Arrest 28 Foreign Nationals In California Monday For Illegal Voting
Authored by Debra Heine via American Greatness,
Federal agents arrested more than two dozen foreign nationals across California on Monday, for fraudulently registering and voting in U.S. elections.
Specifically, the 28 suspects are being charged with a combination of illegal vot...
Trump Favorable On Trilateral Meeting With Xi, Putin: "I Would Do It" -
Trump Favorable On Trilateral Meeting With Xi, Putin: "I Would Do It"
Zelensky Should Get Out of the Way, Trump Suggests
President Trump has once again put Zelensky in his place, in a Monday afternoon exchange with reporters he actually again suggested that the Ukrainian leader needs to be booted from leadership, and cut out of negotiations in an effort to find peace in the war wi...
Intifada For All... -
Intifada For All...
Authored by James Howard Kunstler via kunstler.com,
"The Dems are a total mess of cluster B psychopathology. They will continue to humiliate themselves & alienate the normal population."
- JD Haltigan on X
Looks like the punishments will continue across the pond until morale improves. France on fire in the "mostly peaceful" riots - according to the BBC - th...
Houthis Target More Saudi Airports, Aramco Sites As US Issues Urgent Alert For 12 Mideast States -
Houthis Target More Saudi Airports, Aramco Sites As US Issues Urgent Alert For 12 Mideast States
Embassies in the Middle East - and broadly the State Department - have issued warnings that the Iran and Yemen conflicts may soon escalate unpredictably, including a blanket new travel alert covering for no less than a dozen regional countries.
More missiles were launched on Saudi Arab...
44% Of Americans Have Trouble Paying For Basic Necessities As Lifetime Cost Of The American Dream Tops $5 Million -
44% Of Americans Have Trouble Paying For Basic Necessities As Lifetime Cost Of The American Dream Tops $5 Million
Authored by Michael Snyder via The Economic Collapse Blog,
How did we get to a point where nearly half of the entire population is struggling to even pay for the most basic necessities? A lot of people talk about "economic collapse" as something that will occur someday...
Trump Admin, US Businesses 'Need To Be Wary' Of AI Espionage, Intelligence Chief Warns -
Trump Admin, US Businesses 'Need To Be Wary' Of AI Espionage, Intelligence Chief Warns
Authored by Timothy Frudd via The Epoch Times,
Director of National Intelligence Jay Clayton warned that both the Trump administration and American companies "need to be wary" of foreign espionage with the rise of artificial intelligence (AI), which the government now refers to as super intellig...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
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 ...
Dominic Frisby interviews James Turk: Gold's not an investment; it's money -
By Dominic FrisbyThe Flying FrisbySunday, October 19, 2026
James Turk, founder of GoldMoney, has spent five decades working in banking, finance, and investments, making the case that gold is not an investment or another commodity, but money in its purest form.
We discuss why he believes the United States can no longer repeat the Volcker rescue of the 1980s, the relationship between sound money...
Robert Lambourne: BIS swaps seem designed to conceal double-counted gold in exchange-traded funds -
By Robert LambourneSunday, October 18, 2026
Evidence is growing that the gold swaps that long have been undertaken through the Bank for International Settlements have been meant to accomplish the double-counting of gold attributed to the major gold exchange-traded funds so the ETF gold could be used to support longstanding Western central bank and government gold price-suppression efforts.
As G...
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
Tether: Senator's investigation misses positive work that's led to lower Iran volumes -
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.
U.S. CFTC rebuffs CME legal stance in consequential fight over perpetual futures -
The future of perps in the U.S. may be at stake as the CFTC argues that CME hasn't shown the new policy is hurting it after the agency OK'd its first bitcoin perp.
Zerohash rolls out a new tool to move crypto without copying wallet addresses -
The launch comes as Zerohash bids for a federal trust charter.
Cardano founder Charles Hoskinson is building a new programming language for the network -
Hoskinson said on X the language will bundle transaction requests with cryptographic proofs. He hasn’t shared a name, specs or a release date.
Strategy's price chart is about to flash a major bullish signal weeks after bitcoin did -
Your day-ahead look for Oct. 19, 2026
Live updates: Bitcoin holds near $82,000 as Nasdaq rebounds more than 1% -
Bitcoin treasury company Strive continued to add large numbers of BTC to its balance sheet, while far larger peer Strategy acquired only a small amount.
Bitcoin extends bounce above $82,000 as stocks rebound, DeFi tokens lead altcoin gains -
Bitcoin rose 0.8% to around $82,700 as China’s GDP beat estimates and Nasdaq futures rebounded, while the CoinDesk 80 gained 1.3% and DeFi led gains.
JPMorgan brings JPM Coin, representing dollar deposits, to Ethereum -
JPMorgan's dollar deposit token is heading to Ethereum as the lender looks to offer it to wider selection of institutional clients.
Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny -
Curator-managed lending strategies are attracting institutional capital, while exposing depositors to collateral, liquidity and smart-contract risks.
Bitcoin mining offshoot Nscale loses Microsoft AI deal as power delay stretches into 2030s -
The Nvidia-backed company planned to deliver 23,000 AI chips in the U.K. next year, but its grid connection may not be ready until the 2030s.
bitcoin.com
Missouri Hits Polymarket and Kalshi With Cease-and-Desist Orders -
Missouri Attorney General Catherine Hanaway stressed that prediction markets could not label sports bets as event contracts to skirt law compliance. The state sent letters to Polymarket, Kalshi, Crypto.com, Novig, Underdog, and Robinhood calling on them to stop offering these products to Missourians or face enforcement actions. Missouri Sends Cease-and-Desist Letters to Prediction Market Platfo...
Smashed Quantum Computing Record Raises Stakes for Bitcoin Security -
Quantum computing firm Quantinuum has announced a major breakthrough in error correction, achieving a record 99.9995% logical fidelity that it says strengthens its path toward a commercially viable, fault-tolerant quantum computer by 2029. The advance comes amid mounting concerns that increasingly powerful quantum machines could eventually undermine the cryptography protecting bitcoin and other...
JPMorgan Brings JPM Coin to Ethereum as Wall Street Embrace Expands -
JPMorgan Chase is expanding its JPM Coin deposit token to Ethereum, bringing blockchain-based dollar payments to the world’s second-largest cryptocurrency network as traditional financial institutions increasingly embrace public blockchain infrastructure. JPMorgan Expands to Ethereum Mainnet The largest U.S. bank announced Monday that JPM Coin, which represents U.S. dollar deposits held at JPMo...
Visa and Mesh Seek to End the Separate Crypto Card Requirement -
Mesh and Visa are joining forces to let consumers spend cryptocurrency and stablecoins at more than 175 million merchant locations without obtaining a separate crypto card or manually converting their holdings into cash. Announced Monday, the partnership connects digital wallets to Visa’s global payments network, although the companies have yet to disclose participating platforms or […]
Mastercard Unveils Stablecoin Security to Police Digital Payments -
Mastercard is extending its reach into stablecoin payments with a new security system designed to spot fraud, scams, and sanctions risks before funds reach the blockchain. Announced Oct. 19, 2026, Stablecoin Security combines traditional payment intelligence with blockchain analytics. Borderless.xyz and Keyrails are the initial partners, with a North American launch preceding broader commercial...
Reason
France's Welfare State Is Finally Imploding -
Plus: Trump's tariffs lose support among his own voters, a five-day White House press secretary, and Elizabeth Warren's crusade against corporate mergers
Justice Department Will Investigate Conditions at D.C. Jail After Years of Reports of Filth and Neglect -
The Justice Department is investigating years of complaints of wretched living conditions, neglect, and brutality inside the D.C. Jail.
"The Court Requires Me to Warn You That I Pose a Risk of Stalking and Harassment to Intimate Partners" -
From Judge Ted Stewart (D. Utah) in U.S. v. Wang, dated Sept. 9 but just docketed today: Defendant objected to…
The post "The Court Requires Me to Warn You That I Pose a Risk of Stalking and Harassment to Intimate Partners" appeared first on Reason Magazine.
Britain Wants To Punish Microsoft for Being Too Successful -
Britain's regulator says Microsoft's products are “useful,” “secure,” and “good value for money.” Apparently, that’s a problem.
A Texas Lawsuit Dubiously Accuses Students for Life of Violating the State's Abortion Pill Restrictions -
The case, styled as a critique of the state's "vigilante" statute, aims to punish anti-abortion activists for constitutionally protected advocacy.
A Months-Old Anti-Robotaxi Group Is Steering Transportation Policy From Albany to D.C. -
Even though its claims about job loss and safety don't hold up, the group has convinced the likely next mayor of D.C. to slow Waymo's development.
Supreme Court Will Hear Case on "Facially Neutral" Discrimination Against Asian Students in Admissions to Public Magnet Schools -
The case arises as both right and left favor various forms of anti-Asian discrimination.
Matt Gaetz Lawsuit Shows How Twisted the Term 'Sex Trafficking' Has Become -
Two women are suing Gaetz in federal court for alleged sex trafficking. But they claim no force, fraud, or underage victims, just an "exploitative power imbalance."
3 Reasons To Cancel This Year's 3.6% Social Security Boost -
Or at least change how the cost-of-living adjustment is calculated.
Supreme Court Will Hear Necessary and Proper Clause Case on Federal Law Banning Home Distilleries -
The case is likely to be the most important Necessary and Proper Clause case since 2012.
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
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...
EFF Launches Privacy Badger for Safari on macOS -
Free Tracker Blocker Used by Millions Will Protect Even More Users' PrivacySAN FRANCISCO—Privacy Badger, the award-winning tracker blocker made by the member-supported digital rights nonprofit Electronic Frontier Foundation (EFF), is now available for Safari on macOS.
Safari users can download the free browser extension today and join the more than 4 million people using Privacy Badger to tak...
In Memoriam: Barry Steinhardt -
Barry Steinhardt, a lifelong privacy champion and an early leader in the battle for digital civil liberties who served as EFF’s president in 1998-99, died last week at age 73.
A Connecticut native, Steinhardt led the Vermont and Pennsylvania affiliates of the American Civil Liberties Union before becoming associate director of the national ACLU. There, he helped spearhead the fight to overturn...
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...
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
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
Banking Dive
American Banker
Schwab's long-short plans raise questions about competition -
Schwab plans to introduce its own version of a popular long-short strategy used to hold down investors' tax bills. Some wonder if the move is yet another bid to hold more assets for itself.
After Comerica integration, Fifth Third vows focus on growth -
Fifth Third closed its acquisition of Comerica in February 2026. Eight months later, the Cincinnati-based bank says it's poised to reap the rewards.
The SIPC safety valve: What financial advisors should know about brokerage failures -
No current events compare to, say, the collapse of Lehman Brothers or Bernie Madoff's firm. Nevertheless, experts say RIA owners and financial advisors should still understand how SIPC protection works.
How to evaluate life settlements for clients who no longer need insurance -
Instead of letting life insurance policies lapse or even liquidating them, advisors can guide clients through settlements, which might make sense depending on clients' situations.
Citi hires Google's director of engineering, shuffles AI leaders -
Former Chief Technology Officer David Griffiths, who now heads AI, has recruited some leaders and moved people from other parts of the company onto his team.
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