Kitco News
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.
Gold prices struggle to hold early gains as U.S. dollar nears 18-month high, bond yields remain elevated - Kitco AM Report -
(Kitco NewsWire) – The gold market is struggling to maintain its recent recovery as persistent inflation pressures, elevated bond yields and a U.S. dollar trading near an 18-month high continue to create significant headwinds for the precious metal ahead of another critical week of economic data.
Wall Street nears bullish majority after gold’s late-week rally, Main Street fails to reclaim bullish bias as inflation data take center stage -
The latest Kitco News Weekly Gold Survey showed Wall Street back on the brink of a bullish majority, while less than half of Main Street believed gold would gain next week.
Zero Hedge
Disney Says FCC Used Early License Reviews As "Maximal Coercive Pressure" On ABC While Dodging The Courts -
Disney Says FCC Used Early License Reviews As "Maximal Coercive Pressure" On ABC While Dodging The Courts
Disney and ABC told a federal court on Monday that the FCC ordered early license reviews of all eight ABC-owned stations to pressure the network over its programming, and picked that route because the alternatives would have put the dispute in front of a judge.
Disney's atto...
"Busiest Week Ever": Goldman's Trading Desk Sees Rush Into Brazil After Bolsonaro's First-Round Win -
"Busiest Week Ever": Goldman's Trading Desk Sees Rush Into Brazil After Bolsonaro's First-Round Win
Brazil's general elections earlier this month sparked a right-wing wave at the polls. Though most polls forecast socialist President Luiz Inácio Lula da Silva narrowly leading in the first-round presidential race, right-wing Sen. Flávio Bolsonaro beat the unhinged leftist by around ...
Houthi War Escalates: Riyadh Strikes Sanaa Oil, As Several Saudi Airports Shuttered -
Houthi War Escalates: Riyadh Strikes Sanaa Oil, As Several Saudi Airports Shuttered
The Saudi coalition, which is calling itself the Coalition to Restore Legitimacy in Yemen, on Tuesday issued a warning for civilians to evacuate a site in Sanaa ahead of a targeted operation. The city has been held by the Houthis going all the way back to 2014, and is the main base of the Iran-align...
Saudi Arabia Rejects Request From Netanyahu To Join Yemen Operations -
Saudi Arabia Rejects Request From Netanyahu To Join Yemen Operations
Israeli media is reporting that the Netanyahu government wants to join the fight against the Iran-aligned Houthis in Yemen, and is seeking the Saudi coalition's permission to do so.
At the moment, Saudi jets are patrolling the skies and conducing hundreds of bombing raids against territory held by the Ansar Allah...
How Long To Rebuild The Gulf? Paul Sankey And Arjun Murti Debate Oil's Future Tonight At 7pm ET -
How Long To Rebuild The Gulf? Paul Sankey And Arjun Murti Debate Oil's Future Tonight At 7pm ET
With Brent crude trading above $100 per barrel and the Iran war continuing to disrupt global energy supplies, a troubling question remains: if the fighting ends tomorrow, how long will it take to repair the damage already inflicted on the Middle East's energy infrastructure?
Tonight a...
Judge Blocks Further Tree Removal At DC Golf Course Trump Seeks To Renovate -
Judge Blocks Further Tree Removal At DC Golf Course Trump Seeks To Renovate
Authored by Jackson Richman via The Epoch Times,
A federal judge issued a restraining order blocking further tree removal at a historic golf course the president plans to remake in Washington, after the Trump administration waited until nearly 5 p.m. on Friday to notify the court before removing hundreds o...
491 Fugitives Hiding In Public Housing Arrested In Nationwide Sweep -
491 Fugitives Hiding In Public Housing Arrested In Nationwide Sweep
Authored by Naveen Athrappully via The Epoch Times,
A multi-month law enforcement operation has led to the arrests of 491 criminal fugitives living in government-assisted housing.
The Department of Housing and Urban Development in Alexandria, Va., on May 29, 2026. Madalina Kilroy/The Epoch TimesThe multi-agency i...
"More Pain To Come": Global Smartphone Shipments Plunge As Memory Crisis Crushes Budget Models -
"More Pain To Come": Global Smartphone Shipments Plunge As Memory Crisis Crushes Budget Models
Global smartphone shipments tumbled 22% in the third quarter as soaring memory chip costs forced handset manufacturers to scrap lower-priced models and focus on premium models, delaying purchases for working-class consumers, according to a new note by Loop Capital Markets.
Loop Capital a...
Energy Department Orders PJM To Dispatch Units, Backup Power Through Mid-October -
Energy Department Orders PJM To Dispatch Units, Backup Power Through Mid-October
Authored by Kimberly Hayek via The Epoch Times,
The U.S. Department of Energy on Oct. 12 issued an emergency order directing PJM Interconnection, the largest U.S. grid operator, to dispatch specified generating units and order their operation as needed to maintain reliability.
The emergency order, ...
Anthropic Issues Warning Over Self-Replicating AI - And Says A Chinese Model Pulled It Off -
Anthropic Issues Warning Over Self-Replicating AI - And Says A Chinese Model Pulled It Off
Dario's back with another one.
Anthropic's Frontier Red Team (yes, really) warned Monday in a blog post that small AI models may be "months away" from copying themselves across smart ovens, off-brand Android TV boxes and other poorly secured gadgets in your home, forming a botnet with no o...
MarketWatch - Top Stories
Gen Z renters are the only group more likely to feel successful by investing than buying a house -
“Instead of focusing on homeownership, many are prioritizing financial freedom and debt-free living.”
New SEC rules would fleece everyday investors to enrich Wall Street -
New proposals from the Securities and Exchange Commission will tilt the scales in favor of Wall Street and against a huge group of retail investors.
‘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.”
How to read your body’s warning signs years before you get sick -
Most of us don’t just want to live longer lives. We want to live longer and healthier lives.
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.
Who should pay for my birthday dinner — me, or my guests? -
“I just end up paying for other people’s birthday dinners a lot, as well as my own, which is an imbalance.”
I keep comparing myself to my more financially successful friends. How can I stop? -
“It’s become clear that some of the people I grew up with are going to have very different lives from me”
AI fatigue is gripping the market and driving chip stocks toward their worst stretch in 16 months -
Anticipation is building for Anthropic’s investor day as Wall Street grows less patient with heavy AI spending.
‘Superintelligence’ may never arrive, Deutsche Bank says. What that could mean for the U.S. economy. -
Deutsche Bank’s Jim Reid said he sees productivity gains from artificial-intelligence adoption as having the potential to create new jobs.
CNBC Top News
CNBC Economy
GATA
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...
Ethiopia launches first gold refinery -
By Dawit EndeshawReutersMonday, October 12, 2026
ADDIS ABABA -- Ethiopia has launched its first gold refinery, a $50 million joint venture aimed at turning the East African nation into a regional processing hub for precious metals, Prime Minister Abiy Ahmed said over the weekend.
Gold exports are one of Ethiopia's main sources of foreign exchange, earning the country $5.6 billion last ye...
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, ...
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 ...
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, ...
CoinDesk
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 attack 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.
Federated Hermes joins Wall Street's tokenization push with plans for first onchain fund shares -
The $911 billion Pittsburgh-based asset manager is teaming up with Prometheum to bring blockchain-based share classes of its funds to traditional brokerage accounts.
Stacks' STX, a Bitcoin layer-2 token, has surged by 50% in four weeks -
Your day-ahead look for Oct. 13, 2026
Bitcoin, ether slip and rebound as South Korean stocks slide on AI-related concerns -
Investors are positioning ahead of today's bank earnings reports and Wednesday’s U.S. inflation data.
Russia’s largest bank Sberbank secures approval to trade crypto -
Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app.
Live updates: Bitcoin trading in tight range near $83,000 ahead of key U.S. inflation data -
The September CPI report comes out on Wednesday, with economists expecting a sizable increase in the headline number but a softening in the core rate.
Bitcoin diverges from South Korean stocks as AI concerns deepen the Kospi selloff -
South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.
Ledger says 'spy' chip inside CryptoBilis Ledger devices transmitted wallet keys over mobile network -
Ledger announced MediaMarket Saturn stopped selling devices after a customer found a corrupted signer in Germany.
bitcoin.com
Interactive Brokers Rolls out Ether Staking With Zerohash -
On Tuesday, Interactive Brokers (IBKR), the brokerage giant overseeing $964.7 billion in total client equity, announced the introduction of cryptocurrency staking services powered by Zerohash. Initially, eligible customers can stake ether (ETH) directly through IBKR’s Client Portal. From Crypto Custody and Trading to Staking: Interactive Brokers Expands Its Reach Interactive Brokers (Nasdaq: IB...
Wall Street Earnings, Sliding Chip Stocks Keep Bitcoin’s Price at Bay -
Wall Street has been struggling to find its footing on Tuesday, Oct. 13, 2026, as disappointing JPMorgan Chase earnings collided with another semiconductor selloff. Goldman Sachs delivered a blockbuster quarter, but chip stocks continued losing ground amid mounting concerns over artificial intelligence (AI) spending and Chinese competition. Meanwhile, bitcoin’s price clawed its way back above [...
Strive Adds $280M in Bitcoin, Outpacing Strategy With Biggest Buy Since January -
Strive has acquired another 3,311 bitcoin for approximately $280 million, marking its largest weekly purchase since January and its third-largest acquisition to date, as the company accelerates its accumulation strategy through warrant exercises and preferred stock issuance. Strive Stacks Even More Bitcoin The Nasdaq-listed company purchased the bitcoin between Oct. 5 and Oct. 9 at […]
Trezor Slashes Reseller Network After $93M Ledger Security Scare -
In the wake of the Ledger hardware wallet controversy, which raised suspicions that a third-party retailer distributed tampered devices, rival hardware wallet manufacturer Trezor announced it will revoke specific reseller authorizations effective Jan. 1, 2027. Trezor Tightens Its Distribution Network Following Ledger Security Scare Trezor Chief Commercial Officer Danny Sanders disclosed the com...
Fraud Victims Hit Legal Wall in Britain’s $5B Bitcoin Battle -
A British High Court ruling has dealt a significant setback to Chinese fraud victims seeking ownership of more than 61,000 bitcoin seized by London police. The cryptocurrency haul, now worth approximately $5 billion, originated from an enormous Ponzi scheme orchestrated by convicted fraudster Zhimin Qian. The Oct. 12 decision places Chinese law at the center […]
Reason
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.
No, Giving Immigrants Research Jobs Is Not Fraud -
J.D. Vance says he's probing universities for visa fraud, but the investigation is really about protectionism.
Claiming Video Was "Deepfake" Not Enough to Require Excluding It, Even Absent Evidence of Who Recorded It -
"Apart from trying to cash in on the so-called 'liar's dividend,' Amyda's counsel had little to work with."
An Illinois College Tried To Cancel Its Flock Contract. Flock Refused. -
Elgin Community College even tied garbage bags over the cameras, but Flock technicians just cut them down.
MLB's Salary Cap Fight Isn't About Competitive Balance, It's About Limiting Labor Costs -
Even if a small market team wins the World Series, it won’t stop the owners from wanting a salary cap.
Aaron Sorkin's New Anti-Facebook Movie Is a Stunning Act of Self-Satisfied Cowardice -
This smug, simplistic film blames Facebook for all that's wrong with the world, ignoring the messy reality of humans and politics.
Settling the School Wars -
Plus: Objecting to the execution livestream, Ilhan Omar's house gets searched, Bulgarian attack, and more...
New Essay: "The Establishment Clause At The Second Founding" -
"The relevant time frame to understand the Establishment Clause for state cases is 1868, and not 1791."
May an Employer Fire a White Woman for Wearing Hair in Cornrows? -
The Baltimore Rock Opera Society fired its recently hired executive director, allegedly because she was wearing her hair in cornrows…
The post May an Employer Fire a White Woman for Wearing Hair in Cornrows? appeared first on Reason Magazine.
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