Kitco News
Gold price hits low of $4,254/oz after final Consumer Sentiment rises to 48.1, inflation expectations spike -
(Kitco News) - The gold market is trading near session lows after the latest data showed consumer sentiment in the U.S. ticking higher, with inflation expectations shooting up.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for September was 48.1. The data was slightly better than the preliminary reading of 47.8 and the expectation of ...
Metals bounce as Hormuz diplomacy cools crude, yields stay elevated - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices were firmer and spot silver prices were sharply higher in early U.S. trading Friday, as oil prices slipped on renewed U.S.-Iran truce hopes while elevated Treasury yields and Fed rate-hike expectations kept bullion on track for a weekly loss
Gold holding its own around $4,300 as US durable goods remains resilient -
(Kitco News) - Gold continues to hold the line around $4,300 an ounce but could continue to face some headwinds as the U.S. manufacturing sector remains fairly resilient.
Silver’s tight supply creates yield opportunity as Theo launches new tokenized product -
(Kitco News) - Silver has traditionally been viewed as a non-yielding asset, but one financial technology company is looking to change that narrative by opening the metal’s historically opaque lease market to a broader range of investors and making it more accessible through tokenization on the blockchain.
Metals stay defensive as Hormuz talks stall, equities close mixed - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were weaker in late U.S. trading Thursday, as elevated Treasury yields, a firmer U.S. dollar and renewed oil-price strength kept pressure on non-yielding metals.
The Dow:Gold ratio shows stocks are down 33% since 2023 – and the next crash will come by 2030 – Mises Institute -
(Kitco News) – The most important measure of inflation–the one against which investment decisions and monetary policies are benchmarked– is inaccurate, outdated and misleading by design, and the ratio between the Dow Jones Industrial Average and the gold price is the only reliable alternative, according to economist Vasilii Sapozhnikov at the Mises Institute.
Here’s why the debasement trade is boosting bitcoin price more than gold price – StoneX’s Cincotta -
(Kitco News) – Bitcoin's recent breakout coincided with the U.S. Treasury’s bond buyback announcement, and while gold ETF demand remains strong, higher-for-longer Fed rate expectations are capping the non-yielding metal’s gains, according to Fiona Cincotta, Senior Market Analyst at StoneX.
Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada -
(Kitco News) - The gold market continues to struggle as bond yields across the curve push to their highest levels in 20 years, and one market strategist is warning investors that the precious metal has room to fall further.
Gold price dips to $4,268/oz as U.S. new home sales rise 6.4% in August -
(Kitco News) - Spot gold is trading near session lows on Thursday morning after the latest data showed the U.S. housing market improving beyond expectations in August.New home sales rose 6.4% last month, double the expected 3.2% increase, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced.
Gold price breaks 50-day support as oil rebound lifts inflation pressure - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices were modestly lower and spot silver prices were under heavier pressure in early U.S. trading Thursday, as rising oil prices, elevated Treasury yields and firmer Fed rate-hike expectations offset safe-haven demand tied to the U.S.-Iran conflict.
Zero Hedge
Frenemies: "China May Be Exporting Two Pandas, But It Would Much Rather Export Millions Of Cars" -
Frenemies: "China May Be Exporting Two Pandas, But It Would Much Rather Export Millions Of Cars"
By Molly Schwartz, cros-aset macro strategist at Rabobank
Frenemies
The US-China summit officially began after Xi arrived in Washington, DC, late on Wednesday. Topics including trade, the Strait of Hormuz, and the AI (AGI?) races are expected to arise, but little tangible progress is...
UMich Consumer Confidence Slides In September As Republicans Lose Faith -
UMich Consumer Confidence Slides In September As Republicans Lose Faith
After July's rebound to pre-war levels, a re-escalation in the MidEast (and soaring fuel costs) has sent confidence back towards YTD lows. Today's final September data was expected to show UMich headline sentiment sliding further (and inflation expectations re-accelerating).
And while sentiment is lower overal...
New York Audits Utility AI Use, Cites Risk In "Growing Dependency" -
New York Audits Utility AI Use, Cites Risk In "Growing Dependency"
By Robert Walton of UtilityDive
The New York Public Service Commission last week launched an inquiry into public utility use of artificial intelligence, noting that AI systems “create risk for organizations” but are also increasingly used to perform basic tasks.
The Sept. 17 order requires electric, gas and water ...
Citizenship Is Not A Product: Rubio Hits Birth-Tourism Fixers After SCOTUS Blocked Broader Ban -
Citizenship Is Not A Product: Rubio Hits Birth-Tourism Fixers After SCOTUS Blocked Broader Ban
The United States is no longer pretending that a tourist visa plus a delivery room equals a legitimate path to American citizenship.
On September 23, Secretary of State Marco Rubio announced a new visa-restriction policy under Section 212(a)(3)(C) of the Immigration and Nationality Act a...
Yen Jumps As Japan PM Admits Weak Currency "Problematic" -
Yen Jumps As Japan PM Admits Weak Currency "Problematic"
President Trump reportedly expressed concern over the weakness of the yen when he met Japan’s prime minister this week as the currency came under more pressure against the dollar.
The FT reports that Finance Minister Satsuki Katayama Satsuki Katayama told reporters in Tokyo that Trump and Sanae Takaichi discussed the yen in ...
Ukraine Drone Strike Knocks Out Russia's Novoshakhtinsk Refinery -
Ukraine Drone Strike Knocks Out Russia's Novoshakhtinsk Refinery
Authored by Tsvetana Paraskova via OilPrice.ocm,
Another Russian refinery was taken offline on Friday following a Ukrainian drone attack, in a sign that Ukraine and Russia continue to trade strikes on energy infrastructure despite separate talks with U.S. officials in New York aimed at de-escalation.
The Novoshakhti...
AI Spend Lifts Core US Durable Goods Orders Rise For 17th Straight Month In August -
AI Spend Lifts Core US Durable Goods Orders Rise For 17th Straight Month In August
With PMIs soaring to multi-year highs earlier in the week, US durable goods orders were expected to be mixed in preliminary August data.
And mixed it was (with plenty of revisions)... the headline print was unchanged MoM (better than the 0.3% MoM decline expected) with a small revision lower for Jul...
Futures Rise As Oil, Yields Drop On Iran Diplomacy Hopes -
Futures Rise As Oil, Yields Drop On Iran Diplomacy Hopes
US futures erased earlier losses and are trading at session highs led by tech, as bonds steadied (with the 10Y at multi-decade highs of 5.17%) after oil’s latest rally lost steam, helping US stocks to extend gains for the week. As of 8:00am ET, S&P futures are up 0.4% setting up the benchmark to post its first weekly advance i...
Iran Proposes 7-Day Roadmap To End War Which Mimics June MoU -
Iran Proposes 7-Day Roadmap To End War Which Mimics June MoU
Iranian Foreign Minister Abbas Aragchi has newly proposed to the US side a seven-day roadmap aimed at ending the war, while the top Iranian delegation is still in New York City engaged in deep diplomacy on the sidelines of the UN General Assembly.
Aragchi is said to be planning to stay through the weekend while waiting o...
Xi Presses Trump For Taiwan Policy Shift As $14 Billion Weapons Deal Hangs In Limbo -
Xi Presses Trump For Taiwan Policy Shift As $14 Billion Weapons Deal Hangs In Limbo
Following our earlier coverage of Barclays senior China economist Yingke Zhou's view that Chinese leader Xi Jinping's state visit delivered "more signaling, less substance</strong>," attention turns to Taiwan, where Xi pressed President Donald Trump to oppose Taiwan independence.
According to China...
MarketWatch - Top Stories
8% mortgage rates are ‘not an impossibility’ as the 30-year fixed rate surges -
With the 10-year Treasury up sharply and the outlook for the U.S. economy looking unclear, some say 8% mortgage rates are back on the table.
A new bill in Congress would lower the retirement age to 60. See who would qualify. -
A new bill calling for lowering Social Security’s full retirement age from 67 to 60 for workers in physically demanding jobs could put additional strain on the trust fund that backs the system and create a two-tiered system among workers, retirement experts said.
These Gen Z-ers are choosing ETFs over sports bets. How younger investors told us they’re building wealth. -
Gen Z is entering the market unusually young, with easier access to investing than previous generations but vastly different amounts of money to put to work.
Why investors aren’t buying yet another attempt by the Treasury Department to calm the rattled bond market -
Back-to-back weak auctions for Treasury notes show that government repurchases haven’t spurred demand for bonds.
My friend is terminally ill. Should she sell her rental home and pay $100,000 in capital gains? -
“Her younger son lives in the condo, but wants to move elsewhere with friends.”
The options market is sending a contrarian signal about oil prices -
Also: How to use options around earnings to trade Nike’s stock, which has been down in the dumps for years.
‘We were wrong.’ Why Morgan Stanley changed its tune on the U.S. dollar — and what it expects now. -
Rising bond yields and expected Fed rate hikes have wrecked the bank’s forecast for the buck
The stock market could be due for a nasty selloff, judging by these two signals -
A jump in bond-market anxiety coupled with a selloff in financial stocks may mean a serious shock to markets, according to Bank of America.
‘We made a bad, bad decision’: I learned the hard way how to manage my aging father’s money -
“When my father died, his trust was the Bible.”
I’m 77, pay rent and live off Social Security, but I help homeless people. Why are so many people going hungry? -
“I am a retired senior citizen living check-to-check.”
CNBC Top News
CNBC Economy
GATA
Will this review of GATA's work persuade you to help? -
8:55a Friday, September 25, 2026
Dear Friend of GATA and Gold (and Silver):
Last week Mark Maharrey and GATA's other friends at Money Metals Exchange generously gave your secretary/treasurer a half hour on their weekly podcast to review GATA's work over the last 26 years and to remark on recent developments in the monetary metals.
... Dispatch continues below ...
... ADVERTISEMENT ...
Ultr...
Shanghai Gold Exchange pushes more Chinese banks to end leveraged retail trading -
Lenders in China are redirecting retail clients to fixed-price accumulation plansand physical purchases of precious metals, moving away from margin-based speculation
By Emma MaSouth China Morning Post, Hong KongFriday, September 25, 2026
https://www.scmp.com/economy/china-economy/article/3368681/shanghai-gold-exchange-pushes-more-chinese-banks-end-retail-leverage-trading
At least a dozen Chines...
Carney's call for alternatives to the U.S. dollar will get backs up in Washington -
By Konrad YakabuskiThe Globe and Mail, TorontoFriday, September 25, 2026
What does Prime Minister Mark Carney have against the U.S. dollar?
Plenty, it turns out. And his recent calls for an alternative to the U.S. greenback as a global reserve currency will not go over well in Washington, where the dollar's dominance is seen as an indispensable tool in the conduct of U.S. economic and foreign p...
Maguire on LFTV: Leveraged Western selling of gold vs. unleveraged Asian buying -
8:15p ET Thursday, September 24, 2026
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells Kinesis Money's "Live from the Vault" program today that the world's gold war is pitting leveraged selling in the West against unleveraged buying in Asia, and Asia is winning.
China's development of a physical gold exchange in Hong Kong is "statecraft," Maguire says, and will effectivel...
Desmond Lachman: The bull case for gold -
By Desmond Lachman, Senior FellowAmerican Enterprise Institute, WashingtonThursday, September 24, 2026
Seldom before have the stars aligned themselves as well for gold's longer-run price outlook as they have today.
It is not simply that the United States has unsustainable public finances, is losing credibility as a reliable economic partner, and appears well on the way to higher inflation. It ...
Wolf Street
Legal Tender News
CoinDesk
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist -
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.
Tokenization is moving faster than Washington -
Regulatory clarity is not simply a legal or political issue, argues former New York Governor Andrew Cuomo. It is an economic one.
Tether confirms minimal EQIBank exposure following $89M US asset seizure -
While Tether's stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks.
Strategy proposes daily dividends to bring STRC back toward $100 -
STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.
Bond volatility surges while bitcoin and Wall Street stay calm -
Bond volatility is at its highest since March, while the bitcoin VIX, BVIV and Wall Street's VIX remain near its yearly low.
Bitcoin holders are cashing out, just not the way they did at prior market tops -
Your day-ahead look for Sept. 25, 2026
Altcoins rally across the board as bitcoin consolidates near $84,000 -
Quant jumped 39% over 24 hours and 93 of 100 CoinDesk 100 constituents rose, with the altcoin season index at its highest in more than three months.
Bitcoin ETF flows turn positive for 2026 after erasing $5.8 billion deficit -
At one point in July, ETFs were down $5.8 billion in net outflows for the year. Now, that’s turned into $800 million in net inflows.
KelpDAO sues LayerZero for the largest exploit 2026 has seen so far -
The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.
Live updates: Bitcoin reverses early gains; Saylor's Strategy moves toward daily dividends -
Treasury yields eased from multi-decade highs and oil slipped on reports of a phased U.S.-Iran deal, with roughly $14 billion in bitcoin options set to expire on Deribit on Friday.
bitcoin.com
Blackrock Drives $191M Bitcoin ETF Inflow as Shorts Bet on Pullback -
U.S. crypto ETFs posted broad inflows on Thursday, led by $190.65 million entering bitcoin funds. ETH, SOL, XRP, and HYPE products also attracted capital, while Zcash ETFs remained flat for a second straight session. Bitcoin ETF Buying Hits 6 Straight Days Institutional demand kept building Thursday. Bitcoin ETFs recorded their sixth straight day of inflows, […]
Everything We Know About Bitget’s Massive $351M Hack -
Bitget’s $351.6 million security breach started as a trail of strange blockchain transactions and quickly became one of the largest confirmed centralized crypto exchange incidents of 2026. What initially looked like atleast $150 million to $170 million racing out of Bitget-labeled wallets eventually turned into something nearly twice as large, spanning XRP, ethereum, stablecoins, tokenized […]
A 2019 Bitcoin Whale Moved $378M and Paid Just $1 to Do It -
A wallet holding 4,500 BTC since August 2019 moved every coin early Friday, shifting roughly $378 million onchain for a network fee of about $1.10. The Transfer Nobody Saw Coming Earlier today, a Bitcoin address that had not sent a coin since April 2022 emptied its balance in a single transaction. The holder moved 4,499 […]
Tron Has Moved $30 Trillion but TRX Price Hasn’t Budged in a Year -
Tron has now settled more than $30 trillion in lifetime transfers, yet TRX trades at $0.34, almost exactly the $0.3383 it fetched a year ago. The Milestone Justin Sun Keeps Posting The network’s foundation, Tron DAO, announced yesterday that $30 trillion had been settled on Tron, adding that the chain had grown to more than […]
KelpDAO Takes Layerzero to Court Over a $292M Bridge Blowup -
Five months after attackers tricked a Layerzero-powered bridge into releasing 116,500 rsETH worth about $292 million without a matching burn, the fight over who was responsible has landed in court. Evercrest Technologies, the company behind KelpDAO, filed a civil claim in British Columbia against Layerzero Labs and CEO Bryan Pellegrino. The money moved in one […]
Reason
Banning Flock Won't Be Enough Without Police Reform -
It was Flock that led cops to the wrong woman. It was police who ignored the other evidence and jailed her.
Hinojosa Hates the Culture War -
Plus: Decline in gubernatorial debates, thin-skinned commies, and more...
Is AI Going To Wipe Out Humanity? Don't Build That Bunker Yet. -
Measures to slow AI development are more likely to trigger human lawsuits against AI companies than accomplish anything useful.
Failures of Canada's Single-Payer Health Care Highlight the Flaws of 'Medicare for All' -
Under single-payer, patients’ needs take a backseat to government bureaucrats’ priorities.
Today in Supreme Court History: September 25, 1981 -
9/25/1981: Justice Sandra Day O'Connor takes the oath.
The post Today in Supreme Court History: September 25, 1981 appeared first on Reason Magazine.
Review: Jeremy Clarkson vs. British Bureaucracy -
On Clarkson's Farm, the Top Gear star runs afoul of local government.
Review: The Women Behind the American Revolution -
Obstinate Daughters leaves readers wanting more about the women it chronicles.
Brickbat: Pick Up the Phone -
Jody Baer, a former police officer in Odessa, Texas, faces two felony counts of misuse of official information. Investigators say…
The post Brickbat: Pick Up the Phone appeared first on Reason Magazine.
Open Thread -
What’s on your mind?
Because KBJ Denied Administrative Stay in Third-Country Removal Case, The Application Should Be Referred To The Full Court Now -
Justice Jackson gave the respondents a leisurely four days to respond.
Tenth Amendment Center
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...
When War Comes Home: A Constitutional Warning -
Every generation faces a temptation to exchange freedom for security. Every generation is told that normal rules cannot apply because a crisis is too serious, an enemy too dangerous and a moment too urgent.
The post When War Comes Home: A Constitutional Warning appeared first on Tenth Amendment Center.
They’re not Patriots. They’re Degenerate Cowards. -
Degenerate cowards. That’s how the founders and old revolutionaries viewed people who refuse to protect and defend their own constitution and their own liberty out of fear for their own skin - or a lazy preference for comfort. On this episode, it’s the founders’ hard reality check - what needs to be done if we ever want to live in a REAL “land of the free.”
The post They’re not Patriots. They’r...
Electronic Frontier Foundation
DraftKings Is Using AI to Supercharge the Harms of Online Behavioral Advertising -
Online sports betting company DraftKings is using AI to target customers who are most likely to place losing bets and respond to gambling promotions. This kind of targeting is a form of online behavioral advertising, which is when companies personalize the ads they show you based on the data they’ve collected about you. The more data a company has, the more personalized the ad can be. While Dra...
D.C. Circuit Must Vacate a Drone Flight Restriction That Criminalized Recording Immigration Agents -
EFF joined an amicus brief with ACLU, ACLU of D.C., National Press Photographers Association, and Professional Photographers of America to urge the D.C. Circuit to vacate an FAA drone flight restriction that violated the First Amendment right to record law enforcement. This is an important case—
Levine v. FAA—challenging the ability of the government to punish drone pilots who record law enforce...
EU Kids Act Won't Keep the Internet Accountable and Trustworthy -
The EU Commission draft law to restrict young people’s access to the internet that it presented last week will come at a high cost: it will put online services behind age gates, expand the use of intrusive age verification, and undermine the privacy of all users.
The EU Kids Act aims to protect children from risks associated with social media, video games, and AI systems by introducing age-bas...
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
Take Action: Stop State Gun Taxes & Fix the SHOT Act -
LET’S PASS THESE BILLS! These two bills are marked up tomorrow, we need your help to pass them…. If you’re receiving this email, your Representative in Congress is on the House Judiciary Committee. That means we’ve got an important request for you. Tomorrow, the House Judiciary Committee will be voting on two bills that matter to your Second Amendment rights: … Read more
GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s -
FOR IMMEDIATE RELEASE September 4, 2026 GOA LEADS INDUSTRY COALITION IN SUPREME COURT FIGHT TO DEFEND AR-15s WASHINGTON, D.C. — Today, Gun Owners of America (GOA) and Gun Owners Foundation (GOF)—along with Century Arms, Canik USA, B&T USA and Fostech—filed an amicus brief urging the U.S. Supreme Court to strike down “assault weapons” bans in Viramontes v. Cook County. What that case comes d...
This Week In Gun Control -
THIS WEEK IN THE FIGHT Here’s what you may have missed this week in the fight for the Second Amendment… Biden’s “Ghost Gun” rule was struck down by the courts. GOA’s case against it is still active. Gun shops are passing ATF inspections after selling suppressors with no registration. A foreign ransomware gang hacked ATF. A federal judge struck down … Read more
Banking Dive
WestStar stretches New Mexico presence with Southwest Capital deal -
The transaction, set to close in the first quarter of 2027, gives Southwest Capital a landing spot after a previous tie-up with a credit union collapsed.
BofA battles for talent as business banker hiring surges -
Bank of America's Sharon Miller says competitors recognize business owners as a fountain of leads for cross-selling opportunities and are chasing that business, too.
Wells Fargo names COO Scott Powell as next risk chief -
Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.
Fintech Avant applies for OCC charter -
A charter from the Office of the Comptroller of the Currency would allow the Chicago-based fintech to expand its credit products, diversify beyond them, and reduce its cost of funds, the CEO said.
Dive Deposits: The NCUA is not the Fed, DOJ says -
An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid the president from ousting them, the Justice Department argued.
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases