Kitco News
Gold steadies near $4,590 as claims dip, Fed hike risk stays live - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are little changed to weaker in early U.S. trading Thursday, as a firmer rates backdrop offset bargain hunting after Wednesday’s post-PCE pullback.
Gold approaches $4,600/oz after U.S. weekly jobless claims fall to 203k -
(Kitco News) - Gold prices are getting closer to the $4,600 per ounce level on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
Gold slips below $4,600 as yields, dollar firm after PCE - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Wednesday, after hotter-than-expected PCE inflation lifted Treasury yields, firmed the U.S. dollar and forced profit-taking across precious metals ahead of Nvidia earnings and Friday’s Jackson Hole speech.
China’s ‘Gold Road’ initiative is central to its national security, de-dollarization, and Global South strategies – S&P Global -
(Kitco News) – Gold is a “strategic mineral” to the Chinese government and plays a central role not only in the country’s long-term economic policies, but also in its national security strategy – and the international “Gold Road” initiative is a central component in all of this, according to a new analysis from S&P Global.
Warsh needs to address ‘many outstanding questions about Fed policymaking’ at Jackson Hole – Natixis -
(Kitco News) – The Federal Reserve’s annual symposium in Jackson Hole, Wyoming will offer new chair Kevin Warsh the opportunity to lay out his vision for the central bank – and to address some early missteps and omissions, according to Natixis.Economists Christopher Hodge and Selin Aker wrote in Natixis’ Jackson Hole preview that Fed Chair Kevin Warsh has his work cut out for him at this week’s...
$5,000 gold is back in play, and $10,000 is a matter of 'when, not if' - State Street’s Doshi -
(Kitco News) - Gold’s recent correction appears to have done little to damage its long-term investment case, and with concerns over unsustainable sovereign debt returning to the forefront of global financial markets, one strategist sees $5,000 an ounce by year-end firmly back in play.
Gold fades after PCE keeps September Fed hike live - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in early U.S. trading Wednesday, after July PCE inflation came in slightly hotter than expected and pushed Treasury yields higher ahead of Friday’s Jackson Hole remarks.
Gold prices see some profit taking as US economy rises 1.5% in Q2, PCE inflation rises 0.2% -
(Kitco News) - Relatively steady economic data is prompting some investors to take profits in gold and silver as the Federal Reserve remains on track to raise interest rates to bring inflationary pressures under control.
Gold price falls to session low $4,612/oz after U.S. durable goods rise 1.1% in July -
(Kitco News) - The gold market is trading near session lows after the latest economic data showed sales of durable goods last month beat expectations.The Commerce Department announced Wednesday that U.S. durable goods orders rose 1.1% in July, following June’s unrevised increase of 0.3%. The data was above expectations, as the consensus view of economists called for an increase of 0.5%.
Gold is having its best month since 1999. A former banker told me most people still aren't protected -
(Kitco News) - Five up weeks. On pace for the best month since 1999. And at around $4,650, gold is still nowhere near the record it set in late January.
Zero Hedge
Stalemate, Not Checkmate -
Stalemate, Not Checkmate
Bas van Geffen, senior macro strategist at Rabobank
Stalemate, not checkmate
CIA Chief Ratcliffe’s 15-minute dialogue in Moscow was reportedly an elevator pitch warning Russia not to support Iran, and not to attack NATO.
Peace talks between Russia and Ukraine are at a dead end, and Ukrainian attacks on Russian economic infrastructure – including refine...
Viral Sensation Ox Alpha Model Revealed As GLM-5.3-Flash, Running Entirely On Chinese Chips -
Viral Sensation Ox Alpha Model Revealed As GLM-5.3-Flash, Running Entirely On Chinese Chips
China’s Z.AI (Zhipu) confirmed it’s responsible for the viral - and mysterious - Ox Alpha AI model that swept to the top of online usage charts this weekend, pushing its shares up as much as 12% on Thursday. The Beijing-based company said it intends to price use of the model, now called GLM-...
Democrats Challenge Trump's Mail-In Voting Order Despite Recent SCOTUS Ruling -
Democrats Challenge Trump's Mail-In Voting Order Despite Recent SCOTUS Ruling
Twenty-three Democratic attorneys general and the District of Columbia filed suit against the U.S. Postal Service on Wednesday, challenging a rule that limits who can receive an absentee ballot in the mail.
They filed the complaint in the U.S. District Court for Massachusetts two days after the Suprem...
Trump Considers New Tariffs On Semiconductors - Reports Raise Alarm Could Doom US Dominance -
Trump Considers New Tariffs On Semiconductors - Reports Raise Alarm Could Doom US Dominance
Politico reports Thursday on what could be another significant setback for US data centers and major damper on American AI aspirations.
The White House is mulling the possibility of introducing new tariffs on semiconductors and a broader range of technology products, including laptops, serv...
US Tungsten Scrap Export Ban Takes Effect As Global Supply Crisis Deepens -
US Tungsten Scrap Export Ban Takes Effect As Global Supply Crisis Deepens
The Trump administration's export halt on tungsten scrap and shredded battery material took effect Thursday as the latest effort to retain critical supplies within the US. The measure comes as the US confronts a tungsten-supply crisis marked by limited to nonexistent domestic mine production and years of alar...
Imagine A 'Whites Only' Hike Through The Countryside... -
Imagine A 'Whites Only' Hike Through The Countryside...
Authored by Steve Watson via Modernity News,
Picture a "whites only" ramble through the Peak District. The press would treat it as a national emergency. Now take look at what is already happening there, with official blessing.
The National Trust has spent years partnering with Muslim Hikers for Ramadan walks and overnight ...
Jobs 'AI'pocalypse No! Initial Jobless Claims Hover Near Record Lows -
Jobs 'AI'pocalypse No! Initial Jobless Claims Hover Near Record Lows
The number of Americans filing for unemployment benefits for the first time dropped to 203k last week
The first time initial jobless claims hit this level was in May 2022.
New York and Illinois saw the largest rise in initial claims while California and New Jersey saw the biggest declines...
Continuing jobl...
When Wall Street Says Sell, Check Who's Waiting To Buy -
When Wall Street Says Sell, Check Who's Waiting To Buy
Submitted by QTR's Fringe Finance
Today let me offer up one of my patented periodic reminders to do your own work.
As many have already pointed out, there was something almost too neat about Citadel’s timing before the Situational Awareness blowup. In late June, Citadel Securities published a market-structure review warning ...
The Greatest Cover-Up In Economic History: How Washington Hid Its Role In The 2008 Crash -
The Greatest Cover-Up In Economic History: How Washington Hid Its Role In The 2008 Crash
Authored by Kevin Villani via Mises Institute,
The commentary in a recent Wall Street Journal by Senator Phil Gramm and Representative Jeb Hensarling did the nation an immense service by dismantling the persistent myth that private market greed and financial deregulation caused the 2008 financ...
Futures Jump After Nvidia's Unprecedented 2028 Guidance Stuns Markets -
Futures Jump After Nvidia's Unprecedented 2028 Guidance Stuns Markets
Futures are higher led by Tech as NVDA earnings boost the tape. As of 8:00am ET, S&P futures are 0.5% higher while Nasdaq futures jump 1.1% led by NVDA which is +7.4% in pre-market trading following an unprecedented forecast of 70% revenue growth in 2028, which is boosting Semis (+3%), incl MRVL +5.2% into their p...
MarketWatch - Top Stories
My father-in-law passed away, leaving a house with tenants. Do I evict them? -
“We don’t know whether they have signed leases or are renting month to month.”
What to know about Hugging Face, the open-source AI startup reportedly catching Nvidia’s eye -
New reports outline deal talks between the two companies as open-source AI technology comes more into focus.
‘My main goal is to help people’: I’m single, 74, with $10 million burning a hole in my pocket. What should I do? -
“I also own my home and an SUV outright, with no outstanding debt.”
My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do? -
“These shares are the only assets in her estate without designated beneficiaries.”
Copper’s record run is sending three clear messages about the state of financial markets today -
Copper just hit a fresh record, while one ETF tracking the metal is up nearly 20% in August and on pace for its best month on record.
Is Nvidia heading for $1 trillion in annual revenue? One analyst now thinks that’s possible. -
Nvidia’s stock is moving higher after earnings.
Salesforce sparks a software-stock rally — and pushes back on AI doomsday fears -
Salesforce’s earnings showed that AI isn’t killing traditional software, and that the operators of major AI models are willing to strike partnerships with legacy vendors.
Why these analysts say bitcoin will double by next year — and could reach $500,000 by the end of the decade -
Bitcoin has had a revival lately. Bernstein analysts think the cryptocurrency is headed for a new high of $300,000 by 2029.
Buying 30-year bonds? Locking in today’s rates could hurt your retirement planning. -
Right now the bond market is acting in a way it hasn’t in two decades, and a lot of people are going to be caught off guard by what that means for the “safe” part of their money.
CrowdStrike’s stock has jumped after record-breaking earnings. Wall Street is lapping it up. -
A number of Wall Street banks, including Jefferies, raised their price targets for the cybersecurity’s stock following its record-breaking results.
CNBC Top News
CNBC Economy
GATA
When people move from ETF paper to real metal, they need vaults to keep it in -
The Year the Rich Went Wild for Gold
By Leslie HookFinancial Times, LondonThursday, August 27, 2026
Row upon row of gunmetal-grey boxes fill the floor-to-ceiling shelves of Sharps Pixley's underground vault, concealing the glittering treasure packed inside. The vault in London is so full that the gold dealership is hunting for a site for a new one, says Giles Maber, head of UK at the company.
I...
Gold's niche status means big upside if investors pile in -
By Jack RyanBloomberg NewsThursday, August 27, 2026
Gold is by some measures one of the biggest asset classes around, but its size obscures a market that would struggle to absorb billions of dollars from nervous bond investors without a sharp rise in prices.
More than $30 trillion of the metal is estimated to exist above ground. Earlier this year the dominant London spot market saw well over $1...
China plans a gold-convertible renminbi to internationalize it -
How a Chinese Gold Vault Network Could Bolster Yuan's Role
Julie ZhangSouth China Morning Post, Hong KongTuesday, August 25, 2026
https://www.scmp.com/business/china-business/article/3365092/gold-strategy-why-chinese-global-network-vaults-would-bolster-yuans-trade-role
China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote th...
Ghana bars unrefined artisanal gold dore exports from September 1 -
By Emmanuel BruceReutersTuesday, August 25, 2026
Ghana's GoldBod has ordered that artisanal gold dore purchased by self-financing aggregators for export must be refined locally from September 1, effectively banning exports of unrefined dore under those arrangements, according to a statement.
The directive is the latest step in GoldBod's tightening grip on Ghana's vast artisanal gold sector, m...
Fidelity fund doubles gold holdings on uncertainty over Fed -
By Yihui XieBloomberg NewsMonday, August 24, 2026
A portfolio manager at Fidelity International Ltd. has doubled his fund's gold holdings over the past three weeks, citing increasing uncertainty over U.S. Federal Reserve policy as a catalyst.
After raising the proportion of bullion in the fund to a self-imposed limit of 5%, George Efstathopoulos said he would consider lifting this ceiling shoul...
Wolf Street
CoinDesk
Crypto for Advisors: How staking on Ethereum is changing in 2026 -
Clearing firm RQD* raises $74 million as Wall Street prepares for tokenized markets -
Bain Capital led the investment in the U.S. clearing and custody firm, which plans to expand its digital asset and tokenization infrastructure.
Crypto traders brace for Fed Chair Kevin Warsh’s Jackson Hole speech -
One analyst expects Warsh to take a tough line on inflation, but still sees the Fed holding off on rate hikes until at least after the November mid-term elections.
The Clarity Act will put Main Street banks at a disadvantage -
The Blockchain Association’s Summer Mersinger dismisses the harm to community banks in defending the stablecoin rewards language in the Clarity Act, says community banker Nate Franzén.
AI bug reports trigger emergency warning for Bitcoin Lightning node operators -
Developers are holding details for two weeks while fixes reach operators, in the second Lightning security emergency this month traced to AI work on Bitcoin code.
Mirae Asset eyes $109 billion crypto empire after acquiring Digital X -
Park Hyeon-joo, Mirae Asset Financial Group’s founder, outlined his ambitious stablecoin, RWAs, and STOs plan for Digital X, formerly known as Korbit, in an event for his employees.
Bitcoin experts prefer this defined-risk strategy for the next leg higher in prices -
Your day-ahead look for Aug. 27, 2026
Bitcoin tests its largest supply wall at $80,000, near ETF holders’ average price -
Bitcoin is testing its largest supply cluster alongside the key 50-week moving average.
Unstoppable Domains drops $2 million plan to bring .crypto and .bitcoin to standard internet -
The abandoned bids would have cost over $2 million in base fees alone, leading the firm to prioritize financial viability over broader internet adoption.
Bitcoin steadies above $79,000 as ETF inflows hit longest streak since April -
BTC held its ground Thursday as spot bitcoin ETFs logged an eighth straight day of net inflows, while altcoins drifted lower across the board.
bitcoin.com
TronBid Expands Marketplace: Rent TRON Energy and Reduce USDT Fees -
Berlin, Germany, August 27th, 2026, Chainwire. TronBid expands its two-sided TRON resource marketplace, giving users new ways to rent Energy, trade Energy and Bandwidth, and reduce USDT fees for TRC-20 transactions. TronBid, a peer-to-peer marketplace for TRON network resources, has expanded its platform with new tools for users looking to rent TRON Energy, manage transaction […]
Solana Proposals Could Cut Staking Yield to 2.25%, Emissions by $1.5B -
Two Solana proposals could sharply reduce token issuance while increasing burns, potentially cutting staking yields roughly in half within two years. The trade-off is lower income for stakers in exchange for a tighter long-term supply profile for SOL. 21Shares Sees Solana Emissions Falling by up to $1.5 Billion Solana is moving toward a leaner monetary […]
Blackrock Captures $322.79M as Bitcoin, Ether ETFs Add $424M -
Bitcoin and ether ETFs extended their inflow streaks to eight sessions on Wednesday, attracting $232.12 million and $192.35 million, respectively. XRP, HYPE and solana funds also drew fresh capital, keeping the late-August buying run broad. Bitcoin ETFs Add $232M as Blackrock Keeps Setting the Pace Eight sessions into the current run, institutional appetite for crypto […]
Kalshi Nears Sponsorship Deal With Times-Owned The Athletic -
Kalshi is in advanced talks to become a sponsor of The Athletic, filling a commercial slot the sports title has left open since its exclusive Betmgm partnership lapsed. No agreement has been signed yet, and any deal would need approval from the New York Times’ parent company. Talks Would Fill a Slot Left by an […]
Rockawayx Expands US Crypto Presence With Relayer Capital Deal -
Rockawayx has acquired digital asset hedge fund Relayer Capital, adding a directional long-short strategy to its roughly $2 billion investment platform. Relayer founder Austin Barack will remain in charge as CIO of the newly renamed Rockawayx Liquid Opportunities Fund. Rockawayx Targets Mispriced Crypto Assets With Relayer Acquisition Rockawayx is expanding its liquid-markets business with the ...
Reason
Official Precedent from a Supreme Court Justice's Opinion: We Jews Are "a Highly Intellectual Race" -
Just came across this in Justice Stephen Field's opinion as Circuit Justice in Ho Ah Kow v. Nunan (C.C.D. Cal.…
The post Official Precedent from a Supreme Court Justice's Opinion: We Jews Are "a Highly Intellectual Race" appeared first on Reason.com.
Data Center Savior -
Plus: AOC reaffirms her socialism, Russia-Ukraine war gets even deadlier, and more...
Home Possession of AI-Generated Porn Depicting Fake Children Remains Constitutionally Protected, Seventh Circuit Rules -
From U.S. v. Anderegg, decided Tuesday by Seventh Circuit Judge John Lee, joined by Judges Doris Pryor and Joshua Kolar:…
The post Home Possession of AI-Generated Porn Depicting Fake Children Remains Constitutionally Protected, Seventh Circuit Rules appeared first on Reason.com.
A Connecticut Couple Is Fighting for the Right To Let People Hike on Their Land -
Charles and Elizabeth Copley have big plans for their 50-acre property, but the town insists they need a business license to let people to hike or walk their dogs.
Israeli-American Emory Professor's Civil Rights Conspiracy Claim Against CAIR Georgia and Emory Student Can Go Forward (in Part) -
From yesterday's decision by Judge Thomas Thrash (N.D. Ga.) in Winer v. Mohammad: This action arises out of alleged defamatory…
The post Israeli-American Emory Professor's Civil Rights Conspiracy Claim Against CAIR Georgia and Emory Student Can Go Forward (in Part) appeared first on Reason.com.
Israeli-American Emory Professor's Defamation Case Against CAIR Georgia and Emory Student Can Go Forward (in Part) -
Some excerpts from the opinion yesterday by Judge Thomas Thrash (N.D. Ga.) in Winer v. Mohammad: This action arises out…
The post Israeli-American Emory Professor's Defamation Case Against CAIR Georgia and Emory Student Can Go Forward (in Part) appeared first on Reason.com.
Today in Supreme Court History: August 27, 1948 -
8/27/1948: Chief Justice Charles Evans Hughes dies.
The post Today in Supreme Court History: August 27, 1948 appeared first on Reason.com.
He Spent Nearly 6 Years in Prison Based on the Word of a Notoriously Dishonest Houston Drug Cop -
In a federal lawsuit, Byron Prophet argues that police supervisors "turned a blind eye" for years as Gerald Goines framed innocent people.
Brickbat: The Streets of San Francisco -
The San Francisco Department of Police Accountability found that two officers used unnecessary force and violated department policies while arresting Matthew…
The post Brickbat: The Streets of San Francisco appeared first on Reason.com.
Open Thread -
What’s on your mind?
Tenth Amendment Center
You Don’t Have “2nd Amendment Rights.” You Just Have Rights. -
Millions of people today refer to their rights by amendment number, as if they get them FROM the Bill of Rights. Like referring to their right to keep and bear arms as their “2nd Amendment Rights.” But the founders saw things far differently. The words on paper aren’t a permission slip for the people. They aren’t a “gun permit.” They are a restraining order for government: hands off our natural...
The Welfare Trap: Benjamin Franklin’s Forgotten Warning -
Politicians tell us that welfare programs are absolutely necessary - and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get - government welfare programs make things worse.
The post The Welfare Trap: Benjamin Franklin’s Forgotten Warning appeared first on Tenth Amendment Center.
The 17th Amendment Broke the Founders Kill Switch -
1913 was a really bad year. And one of the biggest changes came from the 17th Amendment. It didn’t just alter the way federal senators are chosen, it actually broke a process the framers built into the system: A constitutional KILL SWITCH to end the federal government. On this episode, it’s the “absolute safeguard” - the lost nuclear option for the states that the government-run schools never t...
Electronic Frontier Foundation
EFF's Policy Position on ALPR Surveillance: Eliminate It and Reduce Its Harms -
Automated license plate readers (ALPRs) build a searchable map of everywhere a driver goes, fed into databases that police, ICE, and private vendors can query after the fact. Networked across a city, ALPRs are purpose-built to track everyone regardless of suspicion. ALPRs are not a surveillance tool that can be made safe with the right policy or feature update—they are irredeemably harmful.
EFF...
EFF Statement on Meta Settlement -
Under this settlement, young users will now have less access to Meta products, and a lesser ability to exercise their rights to speak, access information and art and culture, associate and form communities, and play. The settlement also embeds age assurance into every product, mandating the collection of even more personal information from users of all ages; this enshrines Meta's harmful survei...
French Top Court Gets It Right, Strikes Down Social Media Ban For Youths -
Earlier this month, France’s top court struck down the country’s legislation that banned social media use for people under 15 years old, which had been scheduled to take effect in January 2027. This is a welcome win for free expression, as we face a wave of countries and U.S. states seeking to pass similar laws banning young people from social media.
In particular, the Constitutional Council’s...
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: Legalize Suppressors -
Let’s Eliminate Suppressor and SBR/SBS Restrictions in Pennsylvania Pennsylvanians should NEVER be treated like criminals for exercising their constitutionally-protected rights. Yet under Pennsylvania’s archaic Title 18, Section 908, law-abiding citizens face state criminal charges simply for possessing suppressors (hearing protection) and short-barreled firearms—tools that are widely owned acr...
NFA Victory FAQ: What Gun Owners Need to Know -
On August 5, 2026, a federal judge in Texas ruled that the National Firearms Act’s registration requirements are unconstitutional for certain firearms whose NFA tax has been reduced to $0. This ruling was thanks to GOA’s historic “One Big Beautiful Lawsuit.” Since then, we’ve received thousands of questions about what the ruling means for gun owners. Here are the answers we have right now to s...
THIS WEEK: Here’s Where Things Stand! -
THIS WEEK IN GUN RIGHTS! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s a recap of the things you should know… A federal judge ruled the registration requirements on short, barreled firearms and suppressors are unconstitutional. DOJ had a week to appeal the stay and let it pass. On midnight, when the stay expired, two … Read more
Banking Dive
American Banker
Bank of International Settlements
BIS residential property price statistics, Q1 2026 -
Real global house prices declined by 1.2% year on year (yoy) in the first quarter of 2026.
Effective resolution strategies and plans for insurers – Executive Summary -
The Key Attributes of Effective Resolution Regimes for Financial Institutions (Key Attributes) of the Financial Stability Board (FSB) require resolution plans to be developed for all financial institutions, including insurers, that could be systemically significant or critical upon failure.
Regulating stablecoin issuance: permissible entities and activities -
Regulatory approaches for stablecoin issuance differ significantly, particularly in terms of the types of entities allowed to issue them and the scope of activities permitted beyond core issuance. These differences are important since additional activities such as lending, staking or providing custody services can alter an entity's risk profile and influence the safeguards needed for its core i...
Federal Reserve - Press Releases
FDIC - Press Releases