Kitco News
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.
Gold tests $4,200 as weak sentiment offsets sticky inflation expectations - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply higher in late U.S. trading Friday, as a softer dollar earlier in the session, a pullback from this week’s Treasury-yield extremes and bargain buying helped metals recover from the midweek selloff.
Gold’s next chapter is about more than $5,000 - LBMA 2026 -
(Kitco News) - There is no denying that since early spring, gold has had a tough run. Rising bond yields and stubborn inflation, driving hawkish interest rate expectations, have made it difficult for the precious metal to attract any consistent momentum.
Gold price holds critical $4,100 support, but can it break $4,200 as inflation risks loom? -
(Kitco News) - The gold market may not be ready to break out to the upside as it encounters initial resistance at $4,200 an ounce, but there is still optimism among analysts as prices manage to hold support above $4,100 an ounce ahead of the weekend.
September CPI should be in line, and last month’s Fed rate hike may be the only one this cycle - Natixis -
(Kitco News) – Next Wednesday’s September CPI report will likely be in line with expectations, with the hotter August print an outlier, and the Federal Reserve may have already delivered the only hike of the current cycle, according to Natixis.“We expect the September CPI report to show a 0.19% increase in the core component and 0.6% for the headline,” economists Christopher Hodge and Selin Ake...
Gold price trades near high after preliminary Consumer Sentiment falls to 46.3, inflation expectations rise -
(Kitco News) - The gold market is trading not far from session highs after the latest data showed consumer sentiment in the U.S. declining further, with inflation expectations rising higher.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for October was 46.3. The data was worse than expectations, as the consensus forecast of econ...
Gold, silver rebound as dollar, yields and oil ease - Kitco AM Report -
(Kitco NewsWire) – Spot gold prices are sharply higher and spot silver prices are also solidly higher in early U.S. trading Friday, as a softer U.S. dollar, easing Treasury yields and a pullback in oil prices helped metals recover from this week’s rate- and energy-driven selloff.
Zero Hedge
Key Events This Week: CPI, PPI, Earnings Start And Warsh Speaks -
Key Events This Week: CPI, PPI, Earnings Start And Warsh Speaks
This week markets will navigate the latest complex geopolitical news amid a barrage of news including the latest US inflation data, with September CPI on Wednesday and PPI on Thursday, the final readings before the Fed’s October 28 meeting, alongside a broader US activity pulse from retail sales (Thursday) and industri...
Europe Learns To Love Tariffs, Canada Learns What Happens When You Don’t -
Europe Learns To Love Tariffs, Canada Learns What Happens When You Don’t
By Benjamin Picton, senior market strategist at Rabobank
US and European equity indices were firmly in the black on Friday as the recent run up in bond yields took a breather. The S&P500 closed 46 points higher at 7811 with strong gains across the real estate, consumer discretionary, healthcare and financial ...
"It Comes Down To The Parents": Teacher Breaks Down As Only 1 Of 34 Students Passes -
"It Comes Down To The Parents": Teacher Breaks Down As Only 1 Of 34 Students Passes
Authored by Steve Watson via Modernity.news,
A distraught elementary school teacher has described a class of 34 students in which only one child passed, with many unable to correctly copy a simple word written on the board.
Educators say the pattern reflects a broader failure by parents to insti...
China's "Golden September" Stalls: Car Sales Crash 28% As Exports Become Lifeline -
China's "Golden September" Stalls: Car Sales Crash 28% As Exports Become Lifeline
New data released by the China Passenger Car Association earlier on Monday show that China's peak car-buying season hit the brakes, with September passenger-vehicle retail sales plunging 28% from a year earlier as manufacturers increasingly relied on overseas buyers to cushion soft domestic demand.
T...
Tehran Rejects Alleged US Partial Peace Concessions To Iranian Demands As 'Inadequate' -
Tehran Rejects Alleged US Partial Peace Concessions To Iranian Demands As 'Inadequate'
Talks between Washington and Tehran have obviously long been stalemated, amid a return to ramped-up Iranian attacks on energy transit in the Strait of Hormuz, but messages have continued to be exchanged on an indirect diplomatic level, also as Washington seeks a way out of the crisis.
Iran indic...
"Memory Remains The Epicenter": Micron Tumbles Below $1,000 As Kospi Catches-Down And CXMT Shrinks The DRAM Cell -
"Memory Remains The Epicenter": Micron Tumbles Below $1,000 As Kospi Catches-Down And CXMT Shrinks The DRAM Cell
Micron just delivered the kind of quarter that would have sent the stock into orbit in June. Instead, it is tumbling and about to lose the $1,000 handle.
Barely two weeks after Micron (MU) guided to $60-$63 billion in fiscal Q1 revenue, crushing the $56.8 billion consen...
Starbucks Kills Chipotle Takeover Rumor: "We're Not Buying" The Burrito Chain -
Starbucks Kills Chipotle Takeover Rumor: "We're Not Buying" The Burrito Chain
Hopes of buying a Starbucks Iced Brown Sugar Oatmilk Shaken Espresso and a Chipotle Chicken Burrito Bowl under one roof through a possible merger of the two quick-service restaurant chains were squashed Monday morning.
"As a matter of policy, we don't comment on rumors and speculation, but we want to be ...
Zelensky Says He'll Hold Elections If Putin Agrees To 60-Day Ceasefire -
Zelensky Says He'll Hold Elections If Putin Agrees To 60-Day Ceasefire
Authored by Dave DeCamp via AntiWar.com
Ukrainian President Volodymyr Zelensky said on Sunday that he would hold elections in Ukraine if Russian President Vladimir Putin agreed to a 60-day ceasefire, comments that came after President Trump said Ukraine needed a new president to reach a deal with Russia.
Zelen...
"Full-On Truman Show": Former State Dept. Official Exposes USAID's Censorship Machine In Brazil -
"Full-On Truman Show": Former State Dept. Official Exposes USAID's Censorship Machine In Brazil
Former State Department official Mike Benz laid out USAID's sweeping involvement in Brazil's political and institutional landscape, detailing a network of American funding that reached media organizations, universities, activist groups and organizations involved with the country's electi...
Cyberattack Disrupts Refrigeration Systems At Hundreds Of French Supermarkets -
Cyberattack Disrupts Refrigeration Systems At Hundreds Of French Supermarkets
A cyberattack targeting supermarket refrigeration equipment has caused widespread disruption across France, leaving hundreds of stores facing spoiled inventory, financial losses and potentially costly equipment damage, according to France 24.
Roughly 150 to 200 Intermarché locations and nearly 100 Coopér...
MarketWatch - Top Stories
These stocks could be the future winners — and losers — of a massive shift in IT spending -
As more money flows toward AI software offerings, Salesforce could deepen its customer relationships while Adobe looks vulnerable, analysts say.
Buy these stocks as plays on Google’s big spending, analyst says -
Google Cloud is growing fast, but several chip makers and networking providers could be better ways to capitalize on that trend, according to Melius Research.
‘I feel like a loser’: My stock portfolio is swinging wildly. Is it finally time to worry? -
“I presume these are sophisticated investors taking a profit.”
‘The house is worth $925,000’: My sister moved in with our mother, 78, and says she deserves the family home. Is she right? -
“The house is worth $925,000 and mom owns it outright. She also has $480,000 in investments.”
Here’s how much extra money could be in your monthly Social Security check next year -
Social Security’s cost-of-living adjustment will boost retirees’ monthly budgets. But will it be enough?
Micron makes a statement with the latest clue about its cash windfall -
A new disclosure about Micron’s buyback plans appears meant to show shareholders that Micron is more generous with cash than one of its key rivals, an analyst said.
Microsoft hits a big milestone that solidifies its revival -
Microsoft has reclaimed a $4 trillion market cap in intraday action Monday — and fresh records are in sight.
Winter heating costs are expected to be 8.3% higher than last year. But could El Niño help? -
Expensive utility bills have become an increasingly sharp thorn for Americans’ wallets.
The bull market is turning 4 years old — but yields could crash the party -
For four years, tech has been the answer to almost every question about this bull market.
‘The prospectus looks impressive’: My financial adviser wants me to invest $350,000 in a UAE data center. Is this risky? -
“I’m in my 60s, recently retired and living my best life.”
CNBC Top News
CNBC Economy
GATA
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 -
<div class="field-item even" property="content:encoded">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 for...
Kazakhstan to reduce gold to 75% of its FX reserves -
Kazakhstan Starts Gold Sales as Treasuries Burnish Dollar Appeal
By Nariman GizitdinovBloomberg NewsMonday, October 12, 2026
Kazakhstan's central bank is switching from being one of the world's biggest buyers of gold to a seller, as high Treasury yields reinforce the need to rebalance its reserves.
Heavy central-bank buying has helped drive gold sharply higher in recent years, but the rally has...
Investment demand now fuels China's gold buying -
By Zheng XinChina Daily, BeijingMonday, October 12, 2026
Shoppers crowd jewelry counters during major Chinese holidays, yet a noticeable shift is unfolding across retail outlets nationwide: Sparkling gold ornaments are losing ground to plain gold bars and coins.
For ordinary households, gold is evolving from a festive gift or fashion statement into a favored store of household wealth.
... Dispa...
Why is China importing a record amount of gold, and what does it mean for prices? -
By Anniek BaoCNBC, New YorkSunday, October 11, 2026
China's central bank has bought gold for 23 straight months, and the country is importing more of the precious metal than ever.
That buying spree reflects Beijing's push to cut its dependence on the dollar, and Chinese households' lack of safe alternatives, with analysts expecting sustained demand for the bullion in a struggling economy.
... D...
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, ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
CoinDesk
Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet -
The Palantir UK chief said the U.S. is racing ahead on enterprise AI while Europe hesitates, and explained why he thinks the company faces intense political attacks.
Tom Lee sees $2 trillion wealth transfer fueling crypto demand as Bitmine buys more ether -
The Bitmine chairman said he expects younger investors to drive demand for digital assets as his ether treasury company inches closer to owning 5% of the total supply.
Tokenized catastrophe bonds target the disaster-insurance gap -
A planned Bermuda issuance would put legal ownership onchain and seek capital for disaster risks that remain costly to insure.
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link -
Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.
Ledger claims CryptoBilis cases are limited as up to $93 million is traced, $10 million frozen -
Ledger said every confirmed case involves devices sold by the Southeast Asian reseller, but critics say the hardware-wallet maker must answer for an authorized sales channel.
Bitcoin falls below $83,000 as dollar strength keeps markets on edge -
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.
Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis -
Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.
South Korea just got its first traditional bank loans backed by bitcoin -
Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI -
SWI Group said it would use the proceeds from an 800 million-euro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX bankruptcy, from a bitcoin miner to an AI-focused data center.
Altcoins rally on thin trading as bitcoin holds below $83,500 -
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.
bitcoin.com
Ontology Halts L1 Blockchain for 41 Hours Over an Unknown Threat -
Ontology pulled the emergency brake on its blockchain for nearly two days, freezing block production after a security warning involving an unnamed ecosystem project. By Monday, Oct. 12, the network was running again, with operators reporting zero network-level losses. Security Warning Brings Ontology Blockchain to a Halt The trouble began Saturday, Oct. 10, when Ontology […]
Sleuth ZachXBT Blasts Ripple’s Cheap $250K Payout for 18T XRP Bug -
The renowned blockchain sleuth criticized the reward the Ripple Ledger Foundation gave Cayden Liao and Veria Labs after a bug that, if exploited, would have let someone issue 18 trillion XRP in a single transaction, 184 times the original capped supply. ZachXBT Criticizes ‘Cheap’ $250K Reward to XRP Infinite Supply Bug Blockchain security and the […]
Bitcoin Price Defies $681M ETF Outflow as Oil Trades Above $100 -
Bitcoin is holding above $80,000 even as Brent crude trades above $100 amid renewed Middle East tensions. The resilience is notable, but roughly $681 million of weekly U.S. spot bitcoin ETF outflows leaves institutional demand as the key test for the next move. Bitcoin Holds Firm as Oil Shock Tests Institutional Demand Bitcoin is refusing […]
Bitmine Surpasses 6M ETH, Closing In on 5% of Ethereum Supply -
Bitmine Immersion Technologies is closing in on a staggering prize: ownership of 5% of Ethereum’s entire ether supply. The company disclosed on Monday that its treasury now holds 6.03 million ETH, representing 4.9% of all tokens in circulation. With $16.2 billion in combined holdings, Tom Lee’s ethereum accumulation machine is approaching its ambitious target after […]
Bitcoin, Ether ETFs Lose $1.2 Billion as Institutional Demand Cracks -
U.S. crypto ETF demand reversed sharply in the week through Oct. 9, with bitcoin and ether funds losing more than $1.2 billion combined. Solana also snapped a 14-week inflow streak, while XRP and NEAR emerged as rare pockets of demand. Bitcoin ETFs Lose $681M as 3-Week Inflow Streak Ends The institutional bid that supported crypto […]
Reason
The Government Doesn't Know What's Best for You. Why Let It Decide What You Should Eat? -
Governments are moving beyond mere advice and trying to regulate people's diets more directly.
Cambridge Decriminalizes Sex Work—Sort Of -
Harvard's hometown just adopted a new policy against arresting or prosecuting sex workers. But what the policy means in practice—including for sex buyers—is debatable.
The Anti-Government Rebel Who Turned Against MAGA -
Once a leading figure in the anti-government militia movement, Ammon Bundy is now speaking out against President Donald Trump's immigration crackdown, arguing that the same federal overreach he spent years fighting is now being directed at immigrants.
Protesters in France and Spain Are Angry at Government Failure—and Demanding More Government -
France’s education crisis and Spain’s housing shortage will not be solved with yet more government intervention.
Inside the Trump Administration's War on The Hague -
In the name of national sovereignty, the U.S. government is trying to ban foreign governments—and American citizens—from voluntarily working with a war crimes tribunal.
The Elon Assist -
Plus: The decline of children's books, Fed interrogation, and more...
Europe Grapples With 'Hybrid Warfare' While Rebuilding Its Defense Capabilities -
Russia is targeting western nations with arson, bombings, assassination plots, and cyber-attacks.
Today in Supreme Court History: October 12, 1977 -
10/12/1977: Regents of the University of California v. Bakke argued.
The post Today in Supreme Court History: October 12, 1977 appeared first on Reason Magazine.
Photo: Fighting Flock From a Lawn Chair -
"I'm not a lawbreaker," the Florida man known as the "flock blocker" told local media.
Brickbat: If You Can't Say Something Nice -
The Montreal City Council has banned people from insulting, harassing, threatening, or abusing police officers and other municipal employees while they…
The post Brickbat: If You Can't Say Something Nice 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
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,...
Organizing in the Town at Oakland Tech Week -
EFF was thrilled to join organizers, advocates, and activists in the East Bay for the second annual Oakland Tech Week last week. We are grateful to our friends at MediaJustice and Upturn for inviting us co-present this all-day event, “Building Beyond Big Tech: Organizing Oakland’s Future”, on Sept. 30. The event, hosted by the Kapor Center in downtown Oakland, offered a unique chance to spend ...
Turkish Crackdown On LGBTQ+ Organizations Threatens Freedom of Expression and Association -
EFF strongly condemns Turkey’s state-led discriminatory, oppressive attacks on feminist and LGBTQ+ organisations, media platforms, student groups, and rights defenders and activists within the country.
Since mid-September, access to the websites and social media accounts of a dozen organizations have been blocked by court order, while over 60 members and activists have been detained, their off...
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
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
Minutes of the Federal Open Market Committee, September 15-16, 2026 -
Minutes of the Federal Open Market Committee, September 15-16, 2026
FDIC - Press Releases