Kitco News
Gold owners ‘got tricked’ in 1933, Mario Innecco says, and bullion banks are still trying to keep gold ‘under control’ -
(Kitco News) - Inflation hit 3.7% and gold fell as much as $80. The former London bond broker, who bought his first gold in 2002, says the 40-year bond bull market is over and savers will pay for it.
Gold, silver rebound as Treasury yields tumble despite hot PPI - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are solidly higher in early U.S. trading Thursday, rebounding from Wednesday's sharp losses as falling Treasury yields, a weaker U.S. dollar and renewed safe-haven demand outweighed another upside U.S. inflation surprise.
Gold holding its ground as U.S. labor market remains steady -
(Kitco News) - Although persistent inflation remains a dominant force in the economy, its effects on the labor market remain muted, as the number of American workers applying for first-time unemployment benefits remains stable.Initial claims for state unemployment benefits came in at a seasonally adjusted 199,000 for the week ending October 10, the Labor Department announced Thursday. The numbe...
Gold price hits $4,154/oz after retail sales rise 0.8% in September -
(Kitco News) - The gold market is trading near session highs after the latest data showed American consumers’ spending rising more than expected last month.U.S. retail sales rose 0.8% in September following a revised reading of 1.3% in August, the U.S. Commerce Department announced on Thursday. The data was better than expectations, as the consensus of economists projected a 0.3% increase in Se...
Gold price near session high after Philly Fed survey falls to 20.9 in October -
(Kitco News) – Gold prices are trading near session highs on Thursday morning after the Philadelphia Federal Reserve's manufacturing sector survey declined beyond expectations this month.The regional central bank said its manufacturing business outlook for October came in at 20.9 after a reading of 37.8 in September. The data was far worse than expected, as economists were looking for a re...
Spot gold near highs after New York manufacturing index rises to 25.5 -
(Kitco News) - Gold prices were trading near session highs after manufacturing activity in the New York region rose further into expansionary territory this month, though price pressures and the outlook worsened, according to the latest data published by the New York Federal Reserve.
Gold holding overnight gains above $4,100 even as US PPI rises 6.3% in September -
(Kitco News) - After a solid overnight rally, rising inflation fears are limiting gold’s recovery Thursday, as higher producer prices show that the growing threat is unlikely to abate anytime soon.
Gold falls below $4,100, silver plunges 6% as hot CPI boosts Fed-hike bets - Kitco PM Report -
(Kitco NewsWire) - Gold and silver prices were sharply lower in late U.S. trading Wednesday, as hotter-than-expected U.S. consumer inflation lifted Treasury yields, strengthened the dollar and increased expectations for further Federal Reserve tightening.
Gold's weakness is a buying opportunity as Jefferies sees $5,000 price in 2027, healthy mining margins -
(Kitco News) - Gold prices continue to struggle in the face of persistent inflation pressures and growing expectations for higher interest rates; however, one bank continues to see short-term weakness as a buying opportunity and expects higher gold prices to continue to support the mining sector.
Can gold hold $4,000 with an October rate hike still in play? -
(Kitco News) - Hotter-than-expected consumer prices have put an October rate hike back in play, pushing real bond yields higher and dragging gold prices below a critical near-term support level.
Zero Hedge
Think Rates Are Peaking? Consider Mortgage-Backed Securities -
Think Rates Are Peaking? Consider Mortgage-Backed Securities
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
Think interest rates are peaking? If so, agency mortgage-backed securities (MBS) deserve a look. Think rates have further to climb? MBS may still earn a place in your fixed-income allocation, potentially offering more yield than Treasuries and essentially no cred...
Defiant Zelenskyy Resumes Russian Refinery Drone Strikes -
Defiant Zelenskyy Resumes Russian Refinery Drone Strikes
A defiant President Volodymyr Zelenskyy told the Financial Times on Thursday morning that Ukrainian forces will resume attacks on Russian refineries. The move certainly seems more political than anything else. Such attacks have been described as one of the drivers behind the global refining crisis, which has collided with Str...
US Issues First Outbound Investment Penalty Over Chinese Robotics AI Deal -
US Issues First Outbound Investment Penalty Over Chinese Robotics AI Deal
Authored by Arthur Zhang via The Epoch Times,
<strong>The U.S. Treasury Department has fined Amidi LLC $200,000 for failing to report an investment in a Chinese tech startup - the first penalty under U.S. restrictions on investments in sensitive Chinese technologies.
The Department of the Treasury in Washin...
"Worst Is Yet To Come": Global Smartphone Shipments Crash 22% As Memory Crisis Squeezes Consumers -
"Worst Is Yet To Come": Global Smartphone Shipments Crash 22% As Memory Crisis Squeezes Consumers
Technology research firm IDC's latest report confirms our warning earlier this week of "more pain to come," with global smartphone shipments plunging in the third quarter as rising memory chip costs squeeze margins, boost handset prices, and make these devices more expensive than ever....
Europe Is Falling: Riots Spread From France And Belgium To Albania -
Europe Is Falling: Riots Spread From France And Belgium To Albania
Social unrest in France, Belgium, and now Albania raises the risk of riot contagion across Europe. Young rioters' involvement gives far-left groups opportunities to exploit grievances and channel them into broader anti-government mobilization.
Government buildings torched in violent Albanian protests. Protesters a...
Robot "Ahmed" Gropes Teen Girl Live On TikTok - World's First Robot Sex Assault? -
Robot "Ahmed" Gropes Teen Girl Live On TikTok - World's First Robot Sex Assault?
Via Remix News,
Cologne police are investigating an unprecedented incident in which a humanoid robot was allegedly used to sexually harass a 16-year-old girl on a busy city street, with the act filmed and livestreamed. Videos of the assault appear to show two men with a migration background controllin...
Lisa Cook's Attorney Challenges Fairness Of White House Probe -
Lisa Cook's Attorney Challenges Fairness Of White House Probe
Authored by Matthew Vadum via The Epoch Times,
Federal Reserve board member Lisa Cook's attorney called into question the fairness and objectivity of a White House probe after President Donald Trump announced a new committee to investigate whether Cook made false statements.
In an Oct. 13 letter to White House counse...
Currie Slams 'Vibe' Oil Contracts As Trump Admin Halts SPR Drains, IEA Urges Massive Reserve Release -
Currie Slams 'Vibe' Oil Contracts As Trump Admin Halts SPR Drains, IEA Urges Massive Reserve Release
Oil prices are extending gains again this morning as traders weigh a weaker global demand outlook and signs of recovering Middle East crude supplies against persistent shipping risks around the Strait of Hormuz and escalating/spreading violence between the Houthis and Saudis.
An ov...
MS NOW Retracts Report That FBI Director Kash Patel Landed In Russia -
MS NOW Retracts Report That FBI Director Kash Patel Landed In Russia
Authored by Zachary Stieber via The Epoch Times,
MS NOW has retracted a report that FBI Director Kash Patel landed in Russia on Oct. 14.
"We regret this error," Ken Dilanian, an MS Now reporter, said on air during an afternoon show.
MS Now host Peter Alexander had said during a broadcast on Wednesday morning ...
After Jensen Saves The World, Nasdaq Breaks -
After Jensen Saves The World, Nasdaq Breaks
Nasdaq has been soaring higher for the last hours following supportive statements from Nvidia CEO Jensen Huang:
HUANG: "COREWEAVE'S STRENGTH IS IMPROVING EVERY DAY"
HUANG: COREWEAVE'S COST OF CAPITAL IS "ACTUALLY DECREASING"
HUANG SAYS NVIDIA DOESN'T NEED TO BACKSTOP COREWEAVE
As a reminder, Nvidia helped rescue CoreWeave's...
MarketWatch - Top Stories
My wife says we can’t afford to retire. I vetoed her $8,000 trip to Italy. We’re in our 60s and have $4 million. Do I keep working? -
“I worry about healthcare, long-term care, inflation, a long bear market and living to 95.”
Are we spending our retirement money in the right order? Our plan is: Social Security, annuities, cash — then IRA. -
Spending all your cash first can make your income surge in later years.
My sister moved in with our mother, 78, and says she deserves the $925,000 family home. Is she right? -
“The house is worth $925,000 and mom owns it outright. She also has $480,000 in investments.”
‘I like the idea of a big return’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky? -
“I know you’re not supposed to put money you can’t afford to lose into speculative stuff.”
Did this year’s COLA beat inflation? Here’s how spending by American seniors stacks up so far in 2026. -
The cost-of-living adjustment for 2027 will be 3.6%, which will give Social Security recipients an average of $75 more per month.
The COLA wars are coming for Social Security -
The annual cost-of-living adjustment may soon be capped, curtailed, means-tested or scrapped altogether under various proposals being actively considered
Your Social Security check will rise an average of $75 a month — will it be able to keep up with inflation? -
The 3.6% COLA for 2027 is aimed at helping more than 68 million beneficiaries keep pace with the cost of living
The truth about being a landlord in retirement -
Investing in rental property isn’t easy or ‘passive’
Nvidia and other chip stocks face renewed pressure as AI fears swell -
Reported details about Anthropic’s financial progress are adding to concerns about the health of the AI ecosystem.
Investors are dumping AI stocks as ‘tech wreck’ worsens. Here’s where they’re turning now. -
A continued selloff in the AI trade is forcing investors to move from tech names to the relative safety of government bonds and defensive stock sectors.
CNBC Top News
CNBC Economy
GATA
Jp Cortez: Amid rising debt jitters, governments are bringing home their gold -
By Jp CortezNew York SunThursday, October 15, 2026
https://www.nysun.com/article/amid-rising-debt-jitters-governments-are-bringing-home-their-gold
At a time of rising concerns about the safety of government debt, it's no coincidence that gold is flowing out of New York.
In recent months, two more European nations have sized up their geographic concentration risk and taken a hard look at where t...
Prepare for generational opportunities -- and risks -- at the New Orleans conference -
GATA Secretary Chris Powell will be among the speakers.
* * *
By Brien Lundin, PublisherGold Newsletter / Golden OpportunitiesCEO, New Orleans Investment ConferenceMetairie, LouisianaWednesday, October 14, 2026
There are moments in the markets when being in the right place, with the right people, can make all the difference.
I believe we're approaching one of those moments right now.
Gold is s...
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...
Wolf Street
CoinDesk
Crypto for Advisors: Wall Street is done waiting on Congress for crypto rules -
How Brooklyn prosecutors and the FBI took down a massive crypto fraud network targeting Russian speakers -
The scheme allegedly stole tens of millions through Russian-language Facebook ads and fake advisers, then went after victims again with fake recovery offers.
Under pressure, Ledger unveils plan to turn its crypto hardware wallet into a smartphone -
Ledger’s Atom will run apps like WhatsApp and Instragram and let users switch between smartphone functions and a protected mode for managing digital assets.
Bitcoin, copper, stocks, yields all fall; gold rises -
Your day-ahead look for Oct. 15, 2026
Altcoins lead crypto declines as Asian stocks drop; bitcoin little changed since midnight -
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.
Live updates: Bitcoin bounces after first fall below $80,000 in one month -
Stocks have also turned positive after big early losses, helped by sharply lower bond yields.
Hyperliquid founder wants U.S. oversight of trading platforms, not his blockchain -
Jeff Yan told Bloomberg that U.S. regulatory oversight should apply to the firms using the blockchain, not to the underlying network itself.
Australia’s financial watchdog seeks stiffer rules for crypto exchanges ahead of licensing deadline -
The country’s regulator, ASIC, has proposed tougher rules to protect users’ digital assets, crypto trading and to safeguard the country’s financial stability.
Hex founder Richard Heart arrested in Istanbul, Turkish media report -
Police reportedly seized $4 million in cash and 64 luxury watches during a raid on the crypto founder's Istanbul residence.
BlackRock's Fink names a U.S. recession trigger, sounds alarm over $40 trillion national debt -
BlackRock's CEO says "a moratorium of some sort" on data center buildouts would put the U.S. in a recession.
bitcoin.com
Binance US Chases $100 Million at a Fraction of Past Valuation: Bloomberg -
Binance US is reportedly seeking up to $100 million in fresh capital at a valuation of roughly $1 billion, a striking reversal from its $4.5 billion pre-money valuation in 2022. Bloomberg reports that the exchange wants to rebuild its American business after years of regulatory trouble, shrinking market share, and banking disruptions, with expansion plans […]
Bitcoin Price Rebounds Above $82K After Brief Dip Below $80K -
Bitcoin staged a rapid recovery Thursday, climbing back above $82,000 to trade slightly higher over 24 hours with a market cap near $1.65 trillion. BTC Rebounds Above $82K After CPI Volatility Bitcoin appeared to recover from a morning rout Thursday after it reclaimed $82,000 just hours after sliding below $80,000. The reversal erased most of […]
Brazil’s CVM Tests Tokenized Securities Market in New Pilot Program -
The commission seeks to test how decentralized ledger technologies can modernize the issuance, operation, and management of securities by implementing market rules and regulations as smart contract logic on the program’s underlying platforms. Brazil Launches Experimental Tokenization Sandbox Program Brazil is taking another step into tokenization, albeit at an experimental stage. On Tuesday, th...
Charles Schwab CEO Sees Crypto as a New Revenue Engine -
Charles Schwab has completed its retail rollout of direct bitcoin and ether trading, bringing cryptocurrency access to eligible investors across a brokerage overseeing $13.33 trillion. During the firm’s Oct. 15 webcast, CEO Rick Wurster confirmed that crypto transfers are being introduced and three additional cryptocurrencies are coming before year-end. Wurster also identified crypto trading as...
Ripple Prime Introduces 24/7 Real-World Asset Perpetual Swaps -
Ripple has opened the door for institutional traders to gain around-the-clock exposure to more than 100 traditional financial markets—including stocks, oil, gold, and currencies—through perpetual swaps that keep trading even when Wall Street closes for the weekend. Ripple Opens 100+ Traditional Markets to 24/7 Crypto Trading Ripple announced Thursday that its institutional brokerage division, R...
Reason
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
We’re Asking the Wisconsin Supreme Court to End Warrantless ALPR Searches -
Today, EFF joined the ACLU of Wisconsin in filing a petition to the Wisconsin Supreme Court, asking it to rule that the state’s constitution requires a warrant for retrospective searches of ALPR databases used by law enforcement in four cities: Milwaukee, Racine, Kenosha, and Green Bay. We represent a religious organization, the Wisconsin Council of Churches, as well as an individual pastor in ...
DHS Inspector General Finds That TSA is Not Properly Safeguarding Passenger Facial Recognition Data -
EFF legal intern Gabrielle Ladun was the principal author of this post.
The Department of Homeland Security Office of Inspector General (DHS OIG) has published a summary of findings from its audit of the Transportation Security Administration’s (TSA) facial recognition technology. While the detailed findings are classified, the summary states that the OIG’s audit uncovered a “significant weakn...
🗣 A Victory for Freedom of Speech Online | EFFector 38.18 -
No one should have to think twice before criticizing the government online. But a mass surveillance program known as "Catch and Revoke" was created to make millions do just that. EFF and other defenders of free speech are fighting back. In our latest EFFector newsletter, we're talking about a key court win for our lawsuit challenging this unconstitutional surveillance program.
JOIN OUR NEWSLETT...
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
Dive Deposits: New venue, but JPMorgan still wants Trump suit tossed -
Lawyers for the bank called the plaintiffs’ allegations of blacklisting “so bare that it is impossible to determine what JPMorgan allegedly stated, when, or to whom.”
U.S. Bank doubles down on small-biz growth -
Following the recent launch of business credit cards, the Minneapolis-based lender seeks to win small-business customers by bundling services, CFO John Stern said.
Apple Bank CEO seeks to ‘punch through to consciousness’ -
To get a foot in the door with customers, smaller players like the New York community bank need larger lenders to slip up, CEO Steve Bush said.
What Wells Fargo, Citi and Goldman Sachs’ CEOs are saying about AI -
Citi's Jane Fraser touted faster product launches and reduced vendor spend, while Goldman's David Solomon urged “rigorous testing” of AI, and “clear human accountability."
SoFi, Figure co-founder raises $19M for newest venture -
“The problem that we've created in blockchain,” Navra co-founder Mike Cagney said, “is we've been building for this native crypto audience, but not for the real world.”
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