Kitco News
Gold prices test two-month highs as CPI trims yields, Fed hike odds - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Wednesday, after a cooler July CPI report cut September Federal Reserve rate-hike expectations and helped Treasury yields ease.
LBMA snapshot survey predicts gold price average near $4,500/oz by year-end -
(Kitco News) – Spot gold will trade on either side of $4,500 per ounce at the end of 2026, according to a new survey published by the London Bullion Market Association (LBMA).The LBMA surveyed 16 professional analysts in July, and even as gold was trading at its 2026 lows, frequently dipping below $4,000 per ounce during the month, the average of the experts’ year-end price predictions was over...
Fed is still ‘inflation-first’ after cooler CPI, but weak jobs report means it’s no longer ‘inflation-only’ – Natixis -
(Kitco News) – Wednesday morning’s CPI report is proof that broad inflationary pressures are easing, but while the Federal Reserve is likely to remain focused on inflation between now and the September meeting, last Friday’s dismal nonfarm payrolls data means both sides of the dual mandate are back in play, according to economists at Natixis.Economists Christopher Hodge and Selin Aker wrote tha...
Gold, silver rally as CPI cools but oil keeps Fed risk alive - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in early U.S. trading Wednesday, after July CPI matched expectations and left the market split on whether the Federal Reserve will raise rates at its September meeting.
Spot gold spikes above $4,438/oz as annual core CPI rises 2.5% in July -
(Kitco News) - The gold market is setting fresh session highs after the latest data showed U.S. inflation pressures cooling in line with expectations last month.The headline Consumer Price Index (CPI) rose by 0.1% last month after June’s -0.4% decrease, the U.S. Bureau of Labor Statistics announced on Wednesday. The inflation data matched expectations, as economists were looking for a 0.1%...
Gold holds near two-month high as equities slip, oil rallies - Kitco PM Report -
(Kitco NewsWire) - Gold and silver prices are modestly higher in late-afternoon U.S. trading Tuesday, as safe-haven demand tied to the Strait of Hormuz standoff offset a firmer U.S. dollar and a still-elevated rate backdrop.
China’s gold consumption rises 1.23% in H1, jewelry sales slump while investment demand soars - China Gold Association -
(Kitco News) – China’s total gold consumption rose 1.23% in the first half of 2026, according to the latest data from the China Gold Association (CGA).Gold consumption in China came in at 511.41 tonnes in the first six months of the year, the CGA said, compared to 505.21 tonnes in H1 2025, with strong investment demand offsetting the still-sluggish jewelry sector.
Spot gold at $4,385/oz after U.S. existing-home sales fall -1.7% to 4.06 million in July -
(Kitco News) - Spot gold is dropping back into the red on the session this morning after the latest data showed the U.S. housing market pulling back but still beating expectations last month.Total existing-home sales, including single-family homes, townhomes, condominiums, and co-ops, fell -1.7% to a seasonally adjusted annual rate of 4.06 million in July, the National Association of Realtors (...
Gold and silver ease as CPI risk steadies yields and the dollar - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are weaker in early U.S. trading Tuesday, as traders took profits after gold hit a two-month high overnight and markets moved back into inflation-watch mode ahead of Wednesday’s U.S. CPI report.
Gold and silver rise as oil jump revives inflation-risk trade - Kitco PM Report -
(Kitco NewsWire) - Gold and silver prices are higher in late-afternoon U.S. trading Monday, as the market balanced last week’s weak labor data against a rebound in oil prices, Treasury yields and Fed rate-hike expectations.
Zero Hedge
US Attorney Makes Rare Move By Convening Special Grand Jury in Washington -
US Attorney Makes Rare Move By Convening Special Grand Jury in Washington
D.C. U.S. Attorney Jeanine Pirro has taken the rare step of convening a 'special' grand jury in Washington, according to the Washington Post.
US Attorney for the District of Columbia Jeanine Pirro walks outside the White House, September 2, in Washington. Mark Schiefelbein/AP
It will be overseen by Steven Va...
Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal -
Josh Kushner, Bob Iger Stun Sports World With Record-Shattering $12 Billion Lakers Takeover Deal
The Los Angeles Lakers are being sold to billionaire venture capitalist Josh Kushner, founder of Thrive Capital, and former Disney CEO Bob Iger for a record-breaking $12 billion, according to a new ESPN report.
The sports news website said:
The businessmen were involved in the expans...
WHO Defends Childhood Vaccination Schedules After Trump Order -
WHO Defends Childhood Vaccination Schedules After Trump Order
Authored by Jack Phillips via The Epoch Times,
The World Health Organization (WHO) on Aug. 11 defended its immunization guidelines after President Donald Trump issued an order to change the childhood vaccination schedule to space out the shots.
A health worker prepares a vaccine in Texas in a file image. Ronaldo Schemid...
Former SPLC Exec Arrested: Accused Of Funneling Donor Money To KKK, Neo-Nazi Informants -
Former SPLC Exec Arrested: Accused Of Funneling Donor Money To KKK, Neo-Nazi Informants
Southern Poverty Law Center (SPLC) executive Heidi Beirich was arrested in California on Wednesday under a superseding indictment in the Justice Department's ongoing case against the organization, according to a CNN report confirmed by federal officials.
Heidi Beirich. What even...
Beirich, who...
Two Leftist Fantasies That Collide With Reality -
Two Leftist Fantasies That Collide With Reality
Authored by Kathleen Dynan via AmericanThinker.com,
Many want to live with fantasies that contradict facts as their reality.
But facts can’t be ignored, and we are not required to accept their fantasies as our truth and reality.
Here are two such fantasies: that a man can become a woman or vice versa, and that Marxism is good for ...
Tanker Data Contradicts US Claim That Middle East Oil Flows Have Normalized -
Tanker Data Contradicts US Claim That Middle East Oil Flows Have Normalized
By Tsvetana Paraskova of OilPrice.com
Oil flows from the Middle East have normalized, with Sunday traffic alone above pre-conflict averages, US Secretary of Energy Chris Wright said on Tuesday in a claim that appears not to be backed by ship-tracking data.
On Tuesday, Secretary Wright posted on X that “Th...
Ukraine Defies Vance Warning With Massive Strike On Russia's Key Black Sea Port, Shuttering Grain Terminals -
Ukraine Defies Vance Warning With Massive Strike On Russia's Key Black Sea Port, Shuttering Grain Terminals
Did President Zelensky and the Ukrainian armed forces not listen to US Vice President JD Vance's warnings and request after all?
On Wednesday a "massive" Ukrainian drone and missile strike was unleashed on Russia's port city of Novorossiysk, which badly damaged grain export ...
AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win... -
AI Hyperscalers Are Pricing Bitcoin Miners Off The Grid. Here's Why Its A Massive Win-Win...
Authored by Nick Ward via BitcoinMagazine.,com,
If you’ve scanned headlines over the last year, you’ve likely seen the prevailing market narrative: Bitcoin miners are abandoning their operations and pivoting to AI data centers, signaling a retreat from proof-of-work.
To casual observers, ...
Global Oil Deficit To Hit 1.8 Million Bpd This Quarter, IEA Forecasts -
Global Oil Deficit To Hit 1.8 Million Bpd This Quarter, IEA Forecasts
The IEA slashed its 2026 global oil supply forecast, with output now expected to plunge 4.3 million barrels per day this year as the failure to reopen the Strait of Hormuz pushes the market deeper into deficit, OilPrice reported.
The latest forecast is considerably worse than the 3.7-million-bpd decline the ag...
Nature Is Healing: Most S&P100 Companies Dump DEI Criteria From Board Selection -
Nature Is Healing: Most S&P100 Companies Dump DEI Criteria From Board Selection
To be clear, Diversity, Equity, and Inclusion (DEI) initiatives drew heavily on radical Marxist theory and systematically displaced merit-based standards with unproductive, identity-driven politics. What corporate America marketed as a governance priority proved to be a short-lived ideological fad. Most...
MarketWatch - Top Stories
Cisco sees record results from an AI ‘supercycle,’ but its stock pulls back -
An 18% revenue surge and blowout 2027 forecast weren’t enough to sustain Cisco’s stock momentum.
Goldman’s latest deal underscores how ‘boomer candy’ ETFs are now big business on Wall Street -
Goldman Sachs announced Wednesday that it has agreed to buy Neos Investments, adding yet another ETF shop to its fast-growing asset-management business.
Chip stocks are closing in on a bull market. Here’s why some analysts are nervous. -
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there’s no guarantee all those orders will be carried out.
The 10 housing markets where the most sellers have listed their homes for less than what they paid -
In some Sun Belt areas, nearly 1 in 5 sellers is asking for less than what they paid.
Nvidia, Intel, Google: Wall Street is partying like it’s 1999 -
The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous dot-com bubble of the late 1990s.
Rich Americans are propping up the travel economy as airfares soar 25% higher than last year -
The cost of plane tickets has soared over the past year, but consumer demand has yet to slow down during this summer travel season.
Investors are chasing the latest rally in gold as the yellow metal hits strongest level in 2 months -
Gold settled at a two-month high on Wednesday, and investors who spent the summer waiting for an opening are now chasing a rally that many hope still has room to run.
Now China wants to become the shop floor for the Muslim world -
Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap goods: trust.
Will Trump accounts and grandparent 529s bring down the price of college in the future? -
Caps on student borrowing could also play into how America pays for college.
Alphabet’s stock slips as Nvidia’s $500 billion financing deal threatens custom chips -
Investors are concerned that Alphabet faces a fresh threat from Nvidia’s plans to help fund the AI buildout alongside major Wall Street players.
CNBC Top News
CNBC Economy
GATA
Jp Cortez: From 'audit the Fed' to 'trust me, it's there' -- Rand Paul's Fort Knox fumble -
By Jp CortezWashington ExaminerWednesday, August 12, 2026
https://www.washingtonexaminer.com/op-eds/4683644/rand-paul-fort-knox-gold-audit-conflicting-gold-reserve-numbers-transparency/
Americans have long demanded real answers about U.S. gold holdings. Year after year, they receive only vague political half-answers that raise more questions than they answer.
The latest example is this week.
On...
Mike Maharrey: Sen. Rand Paul becomes a pawn in Fort Knox debate -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, August 11, 2026
Sen. Rand Paul has become Treasury Secretary Scott Bessent's pawn.
A few weeks ago Bessent insisted all the gold is in the vaults at Fort Knox.
"I haven't" seen it, Bessent said, but "people on my staff have. The treasurer has been to Fort Knox, and I'm happy to say all gold is present and accounted for."
... Dispatch c...
Jacob Childress: China cannot afford to use its alternative to the dollar -
By Jacob ChildressReal Clear World, WashingtonMonday, August 10, 2026
Over the past 18 months, nearly every condition analysts have long said would erode the dollar's dominance arrived at once.
War broke out in the Persian Gulf. The Strait of Hormuz has closed, reopened, and closed again, and remains shut as this is written. Iran began charging transit tolls denominated in yuan.
... Dispatch ...
Timothy Noah: Why does the world put up with the dollar? -
By Timothy NoahThe New Republic, New YorkMonday, August 10, 2026
The most powerful tool of the American imperium is not, as is generally supposed, its military, but rather its currency.
Other nations (China, India) possess more troops, but none possesses more legal tender. There were 57,000,000,000 dollar-denominated bills in circulation last year. By comparison, euro-denominated bills -- the ...
UK regulator prepares framework for tokenised gold -
By Nikou Asgari and Martin ArnoldFinancial Times, LondonMonday, August 10, 2026
UK regulators are preparing a framework for tokenised gold as part of plans to encourage the digitisation of financial markets and to protect the dominance of London in global bullion trading.
The Financial Conduct Authority has talked to industry members, including big banks, about ways it could regulate tokenised ...
Wolf Street
CPI Dragged Down by Energy, Hotels & Motels (Shelter), Auto Insurance, and Meat (Finally) -
But inflation thrived in housing, electronics (hit by the AI boom), medical services, auto repair, used vehicles, etc.
Household Debts, Debt-to-Income Ratio, Delinquencies, Foreclosures, Collections & Bankruptcies in Q2 2026 -
How Americans are handling their debts.
Sales of Existing Single-Family Homes Sink Deeper into Mud, Supply Jumps to 10-Year High, Condo Supply at 14-Year High -
Mortgage rates at 6.69% are not high. Inflation is high.
CoinDesk
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout -
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according to an analyst.
Wintermute plans $1 billion AI push beyond crypto: Bloomberg -
The firm aims for non-crypto markets to drive over 50% of revenue by 2027, up from 10% currently, as it seeks to diversify its business.
Kalshi taps DoubleZero for Wall Street-style high-speed data feed -
Kalshi is looking to meet institutional demands by adding DoubleZero data to its order book.
Miden bets on privacy stablecoins with introduction of USDCx -
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.
Crypto Long & Short: When capital can't move fast enough, markets pay the price -
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.
Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says -
Standard Chartered-led Anchorpoint launches Hong Kong dollar stablecoin -
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.
America doesn’t need a second-class payments system -
If an institution qualifies to participate in America’s banking system, it should have a clear path to America’s payment system, argues Anchorage Digital's Rachel Anderika.
U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000 -
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off -
The flight-tracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market never took off with Kalshi users.
bitcoin.com
Bitcoin’s $120M Betting War Draws a Brutal Map for 2026 Prices -
Bitcoin-focused prediction markets are pricing a turbulent 2026, with bettors expecting sharp swings but treating six-figure prices as a distant long shot. Bitcoin was trading near $63,500 when the markets were measured at 1:30 p.m. EDT on Wednesday afternoon on Aug. 12, 2026. Across six active markets on the leading prediction marketplaces, Polymarket and Kalshi, […]
CFTC Cites Bitcoin Position in Emergency Order Shielding Kalshi -
The Commodity Futures Trading Commission (CFTC) ordered Kalshi to keep running its exchange after finding that New York’s attempt to stop the platform presented a market emergency. The commission cited a hypothetical bitcoin position to argue that forced liquidation could spread losses well beyond prediction markets. Its premise, that the contracts are swaps, was rejected […]
Bitcoin Flat Near $63,400 After Mild US Inflation Drop -
Bitcoin stabilized near $63,400 on Wednesday following a volatile intra-day move between $63,317 and $64,400, leaving its market cap unchanged at $1.27 trillion. Bitcoin Trades Flat Following Volatile Intra-Day Swing After declining for two consecutive days, bitcoin was largely flat Wednesday as the sell-off sparked by Strategy’s latest bitcoin sale appeared to have run its […]
Blackrock’s $50.2M Inflow Offsets Selling as Bitcoin ETFs Turn Green -
U.S. spot bitcoin ETFs posted a modest $4.89 million net inflow on Tuesday, helped by a $50.20 million addition to Blackrock’s IBIT. Ether funds remained slightly negative, while solana ETFs attracted fresh capital. Bitcoin ETFs Add $4.89M Despite Outflows for 5 Funds A single fund carried the bitcoin exchange-traded fund (ETF) market across the finish […]
Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools -
Tether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data. Analysts say the drop may reflect investors moving back into fiat, weaker speculative demand, and changing incentives across the stablecoin market. Tether Sheds $870M in 11 Days as Stablecoin Demand Weakens Tether’s USDT supply is shrinking after […]
Reason
Cato Institute
Tenth Amendment Center
The 17th Amendment Broke the Founders Kill Switch -
1913 was a really bad year. And one of the biggest changes came from the 17th Amendment. It didn’t just alter the way federal senators are chosen, it actually broke a process the framers built into the system: A constitutional KILL SWITCH to end the federal government. On this episode, it’s the “absolute safeguard” - the lost nuclear option for the states that the government-run schools never t...
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Electronic Frontier Foundation
Who (or What) Generates Images for EFF? -
We’ve had a few questions from EFF supporters lately, asking whether the images we use on our blog posts, or on donation and shop items, have been created with AI image generators. We’d like to answer these questions and clarify our internal policy regarding image creation.
EFF images are all made by human beings, not by automated image generators, with very rare exceptions. This is an interna...
Dismiss Church’s Trademark Lawsuit Against “Mormon Stories” Podcast, EFF Urges Court -
Imagine if McDonald’s could use trademark law to control how you use the term “fast food.” Or if the Canadian government could stop you from using the word “Canada” in the title of a book about the country and its people. That wouldn’t just be absurd; it would be an unacceptable obstacle to criticism of and commentary about those institutions. Yet the Church of Jesus Christ of Latter-day Saints...
Meta Must Stop Silencing Reproductive Health Information -
Access to accurate information about reproductive and maternal health can be critical. But on Meta's platforms, simply talking about prescription medication, abortion care, or one's own medical experiences can be enough to trigger content removals and account restrictions.
That's why EFF recently submitted a public comment to the Meta Oversight Board in its consideration of a case involving an ...
The Institute For Justice - Press Releases
Public Interest Law Firm Releases New Page Tracking License Plate Reader Abuse Nationwide -
ARLINGTON, Va.—Today, the Institute for Justice (IJ) released a new page tracking misuse of automated license plate reader (ALPR) systems across the country. The tracker, […]
The post Public Interest Law Firm Releases New Page Tracking License Plate Reader Abuse Nationwide appeared first on Institute for Justice.
Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home -
WILMINGTON, N.C.—On Thursday, the United States District Court for the Eastern District of North Carolina denied qualified immunity for officers who raided an innocent family’s Pender County home in […]
The post Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home appeared first on Institute for Justice.
Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case -
ARLINGTON, Va.—In its fall term, the U.S. Supreme Court will consider a lawsuit challenging the constitutionality of the Department of Labor’s agency court system. New […]
The post Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case appeared first on Institute for Justice.
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
Tell The White House: Do Not Appeal GOA’s NFA Win! -
TELL THE WHITE HOUSE: DON’T LET DOJ APPEAL OUR WIN! We won our case, but DOJ may appeal. Let’s secure our win and make the “most pro-2A” Department of Justice walk the walk… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. President Trump signed the “One Big Beautiful … Read more
Don’t Let DOJ Appeal GOA’s NFA Win! -
TELL YOUR SENATORS, DON’T LET DOJ APPEAL OUR WIN! We won our case, but DOJ may appeal. Let’s secure our win and tell the “most pro-2A” Department of Justice to walk the walk… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory … Read more
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! -
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! Thanks to GOA’s “One Big Beautiful Lawsuit” a federal judge has struck down the registration requirements on certain NFA items… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory against the National Firearms … Read more
Banking Dive
American Banker
Bank of International Settlements
Africa's public debt amid global headwinds: balancing resilience and vulnerabilities -
by Michael Chui, Leonardo GambacortaThe conflict in the Middle East has raised energy and fertiliser prices, weakened growth and intensified fiscal pressures across Africa at a time when public debt and debt service burdens remain elevated.
The shift towards domestic currency debt has reduced exchange rate risk for issuers and preserved market access, but higher interest rates and shorter matu...
Mary-Elizabeth McMunn: Reinforcing the foundations - openness through resilience in the face of change -
Speech by Ms Mary-Elizabeth McMunn, Deputy Governor of the Central Bank of Ireland, at PWC, Dublin, 23 July 2026.
Joachim Nagel: Acting together for a sovereign and competitive Europe -
Speech by Dr Joachim Nagel, President of the Deutsche Bundesbank, at the meeting with the European ambassadors' delegation on the occasion of Ireland's Presidency of the Council of the European Union, Frankfurt am Main, 21 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases