Kitco News
Gold, silver drop as hotter CPI revives Fed-rate pressure - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are sharply lower in early U.S. trading Wednesday, after hotter-than-expected U.S. inflation data revived concerns that energy-driven price pressure will keep the Federal Reserve’s year-end tightening path in place.
Gold price drops to session lows as U.S. CPI heats up in September -
(Kitco News) - Gold prices have fallen to session lows, testing critical support as hotter-than-expected U.S. inflation data reinforces expectations that the Federal Reserve will have to raise interest rates by year-end, increasing the opportunity cost of holding the non-yielding precious metal.
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.
Zero Hedge
Nation's Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns -
Nation's Largest Power Grid Declares Emergency As Hot Temps Collide With Maintenance Shutdowns
A short-lived heat blast across the Midwest and Mid-Atlantic overlaps with scheduled power plant shutdowns for seasonal maintenance on PJM Interconnection's grid, which serves 67 million people from the Mid-Atlantic to Chicago. PJM was forced to declare a low-level emergency for Tuesday a...
Houthi Missile On Riyadh Wounds Residents, As IMF Chief Warns Of Spillover 'For Everybody, Everywhere' -
Houthi Missile On Riyadh Wounds Residents, As IMF Chief Warns Of Spillover 'For Everybody, Everywhere'
Wednesday has witnessed another Houthi ballistic missile attack targeting Saudi Arabia's capital. The kingdom's civil defense spokesman has confirmed bystanders were injured when missile debris from an inbound rocket fell after it was intercepted over Riyadh.
"The incident result...
Bill Gates Fearmongers "Grim" AI Cyberattack Surprises -
Bill Gates Fearmongers "Grim" AI Cyberattack Surprises
Authored by Steve Watson via Modernity.news,
Bill Gates returned to the Sunday-show circuit this week with a fresh round of alarms about artificial intelligence, telling CNN's Jake Tapper that the technology is "more dangerous than any" cars, planes, or drugs and that "grim possibilities" await if society fails to maintain con...
$20 Billion In Suspicious Biden-Era Climate Grants Remains Frozen As Trump Administration Eyes Supreme Court Fight -
$20 Billion In Suspicious Biden-Era Climate Grants Remains Frozen As Trump Administration Eyes Supreme Court Fight
Authored by AG News Staff via American Greatness,
A $20 billion Biden-era climate grant program remains frozen despite a federal appeals court ruling against the Trump administration's efforts to cancel the funding. The case could wind up at the Supreme Court in a sho...
Burning Container Ship Sinks In Strait Of Hormuz, As IRGC Proclaims '5 Or 6' Vessels Targeted Nightly -
Burning Container Ship Sinks In Strait Of Hormuz, As IRGC Proclaims '5 Or 6' Vessels Targeted Nightly
Iran has quite obviously been surging its attacks on commercial shipping in the Strait of Hormuz in an attempt to wreak uncertainty and economic havoc for the Trump administration ahead of the November midterm elections, undermining a recent recovery in Persian Gulf oil shipments.
...
London Police Chief: DEI Is An "Operational Necessity" -
London Police Chief: DEI Is An "Operational Necessity"
Authored by Steve Watson via Modernity.news,
Metropolitan Police Commissioner Sir Mark Rowley has accused critics of diversity, equity and inclusion policies of fuelling "toxicity" while launching a fresh recruitment drive focused on black and Asian applicants.
Writing in The Guardian, Rowley declared that the force "cannot...
"I'll Be Short Whole Year": Paul Tudor Jones Warns Of Looming Dot-Com Style Equity Supply Tsunami -
"I'll Be Short Whole Year": Paul Tudor Jones Warns Of Looming Dot-Com Style Equity Supply Tsunami
Paul Tudor Jones appeared on CNBC's "Squawk Box" earlier this morning and warned that corporate buybacks and mergers and acquisitions, which have fueled the four-year bull market, are nearing an inflection point and could reverse next year.
"2027 is going to be really, really challeng...
"Flashing Red": Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPI -
"Flashing Red": Rate-Hike Odds, Bond Yields Explode Higher After Hotter-Than-Expected CPI
Tl;dr: "This inflation report is flashing red for the Fed," according to Olu Sonola, Head of US Economics at Fitch Ratings.
"Energy pushed the headline number higher, as expected, but the real problem is that core inflation remains stuck above 3%. Higher energy costs are beginning to seep in...
Futures Rise Ahead Of Hot CPI As Houthis Torch Aramco HQ, ASML Beat Fails To Revive Chip Trade -
Futures Rise Ahead Of Hot CPI As Houthis Torch Aramco HQ, ASML Beat Fails To Revive Chip Trade
US futures are higher, with small caps leading and tech lagging, as traders brace for what is expected to be the hottest monthly CPI print since the spring, digest more escalation in the Gulf after Yemen's Houthis hit Saudi Aramco's Dhahran headquarters and vowed more strikes on Saudi air...
Pope Leo XIV Diagnosed With Cancer As Doctors Remove Part Of His Lung -
Pope Leo XIV Diagnosed With Cancer As Doctors Remove Part Of His Lung
Authored by Jill McLaughlin via The Epoch Times,
Pope Leo XIV was diagnosed with lung cancer following surgery to remove a section of his lung on Oct. 13, the Vatican announced.
Surgeons removed the lower lobe of the pope's right lung during the 90-minute procedure and examined it during the operation.
The p...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
CFTC staff were told to retract analysis of suspicious oil trades -
By Charles Gorrivan, Lydia Beyoud, and Nicola M. WhiteBloomberg Newsvia The Japan Times, TokyoWednesday, October 14, 2026
When U.S. President Donald Trump backed away from threats to strike Iranian power plants on March 23, it sparked a frenzy of buying and selling across oil, equities and other markets.Traders had grown accustomed to prices lurching wildly on developments in the Middle East.
...
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...
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 ...
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, ...
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 ...
CoinDesk
EasyA hits $1.1 billion valuation, targets 2027 public listing and tokenized shares -
The blockchain and AI developer platform has completed two years of audits and wants its shares available onchain from the first day of trading.
BlackRock's crypto ETF assets surge 63% but remain far below 2025 peak -
The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels.
Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption -
Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between OKX and NYSE parent ICE.
America's growing digital economy requires power grid updates. Who will foot the bill? -
Congress must decide how the U.S. can build the infrastructure its booming digital economy requires while protecting the communities that host it.
Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending -
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending.
U.S. September CPI comes in hot, sending bitcoin sharply lower -
The news could put multiple rate hikes by the Federal Reserve back into play.
Here's how analysts see U.S. inflation influencing bitcoin -
Your day-ahead look for Oct. 14, 2026
Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token -
Backed by BBVA, BNP Paribas, and ING, Qivalis secured Dutch regulatory authorization to offer onchain euro settlement infrastructure.
Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag -
Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data.
S&P 500 options are the hottest bet on this Hyperliquid exchange -
Hypercall, an exchange built on Hyperliquid, says most of its $640 million in volume since June has come from the index.
bitcoin.com
Evernorth to Deploy 473M XRP With Ripple, Coinbase, Kraken and Bitgo -
Newly public Evernorth is preparing to deploy its 473 million XRP treasury through institutional strategies with Ripple, Coinbase, Kraken, and Bitgo. Nasdaq-Listed Evernorth Activates 473M XRP Treasury Evernorth is wasting little time turning its massive XRP balance sheet into an active investment strategy. The Nasdaq-listed digital asset treasury company has named Ripple, Coinbase, Kraken, and...
US Inflation Reaches 4-Month High as Bitcoin Bulls Retreat -
Bitcoin’s price tumbled below $83,000 Wednesday after U.S. inflation climbed to 3.7%, its highest reading in four months. Gasoline prices jumped 9.1% in September, rattling Wall Street and complicating the Federal Reserve’s next move as another inflation report approaches. Gasoline Prices Push U.S. Inflation to 3.7% America’s inflation problem just got more expensive, and the […]
HEX Founder Richard Heart Reportedly Arrested in Istanbul Dawn Police Raid -
HEX and Pulsechain founder Richard Heart, whose legal name is Richard James Schueler, was reportedly detained during an early morning raid in Istanbul on Oct. 14, 2026. Turkish media described a sprawling seizure involving dozens of luxury watches, firearms, electronics, and substantial cash holdings. The reported arrest follows an Interpol Red Notice issued at Finland’s […]
Bitcoin Price Caught Between Bullish Averages and $84K Resistance -
Bitcoin’s price range traded between $83,250 to $83,790 on Oct. 14, 2026, barely higher over 24 hours despite a strong showing from its moving averages. With 12 of 15 moving average indicators signaling bullish conditions, the market’s technical foundation appears healthier than its hesitant price action suggests. Yet resistance between $83,800 and $84,250 continues to […]
Fidelity, Blackrock Lead $176M Bitcoin ETF Rebound -
U.S. crypto ETF flows improved sharply on Tuesday as bitcoin funds attracted $175.62 million and ether snapped a 10-session losing streak with $24.84 million in inflows. Fidelity Pulls in $103M as Bitcoin ETFs Flip Back to Inflows Institutional buyers returned with more conviction on Tuesday, but they were selective about where they put money. Bitcoin […]
Reason
Mental Illness Doesn't Cancel Your Right to Say No -
Informed consent applies to psychiatry too.
Ohio's Democrat Momentum -
Plus: OpenAI arrest, Pope Leo's cancer, Guilfoyle forced out, and more...
TV Station News Managers Fired for Allegedly Anti-Gay Memo Win >$4M from Nexstar Media -
The verdict came Friday; here's the backstory, from a decision in March in Fox v. Nexstar Media Group, Inc. by…
The post TV Station News Managers Fired for Allegedly Anti-Gay Memo Win >$4M from Nexstar Media appeared first on Reason Magazine.
"Fortunately for Society, Plaintiff's Framework for Retrospectively Punishing News Outlets Is Not the Law" -
From Tate v. Fox News Network, LLC, decided yesterday by Judge Gregory Presnell (M.D. Fla.): Plaintiff has been a licensed…
The post "Fortunately for Society, Plaintiff's Framework for Retrospectively Punishing News Outlets Is Not the Law" appeared first on Reason Magazine.
College Still Has a Future, but It's No Longer the Default Choice -
High costs and political bias have eroded higher education’s standing.
Today in Supreme Court History: October 14, 1911 -
10/14/1911: Justice John Marshall Harlan I dies.
The post Today in Supreme Court History: October 14, 1911 appeared first on Reason Magazine.
Brickbat: Not Counting Every Penny -
A California state auditor found waste, mismanagement, and misuse of taxpayer money inside several state agencies, including the office of state…
The post Brickbat: Not Counting Every Penny appeared first on Reason Magazine.
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.'"
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