Kitco News
Gold rises as softer PCE cools October Fed hike odds - Kitco AM Report -
(Kitco NewsWire) – Spot gold prices were firmer and spot silver prices were modestly lower in early U.S. trading Wednesday, as softer U.S. inflation data eased immediate Fed tightening pressure while elevated Treasury yields and a still-firm dollar kept the rebound contained.
Gold price rockets to session highs as US economy rises 2.2% in Q2, PCE inflation rises 0.2% in August -
(Kitco News) – Better-than-expected inflation and growth data are helping to drive renewed interest in gold on Wednesday morning.The U.S. Bureau of Economic Analysis (BEA) announced on Wednesday that the final reading of second-quarter Gross Domestic Product (GDP) showed that the economy expanded by 2.2%, up from the preliminary reading of 1.5% and also above the first-quarter growth of 2.1%.Th...
Gold faces new headwinds as ADP reports strong private-sector job growth -
(Kitco News) - The gold market is trying to find some stability but faces renewed headwinds as the U.S. private-sector labor market remains fairly resilient, according to the latest employment data from private payrolls processor ADP.
Gold, silver rebound as soft data cools October Fed hike bets - Kitco PM Report -
(Kitco NewsWire) – Spot gold prices were firmer and spot silver prices were also higher in late U.S. trading Tuesday, as softer U.S. labor-market and consumer-confidence data helped bullion recover from Monday’s selloff, even as long-dated Treasury yields remained near multi-decade highs. At the time of writing, spot gold was trading near $4,172.40 an ounce, up 1.42% on the session, while spot ...
Gold price likely headed lower as short-term liquidity needs trump long-term investment case – Saxo Bank’s Hansen -
(Kitco News) – Gold’s resilience is being severely tested as a break below $4,230, surging Treasury yields, and a stronger dollar have triggered renewed selling, with ETF demand now the only key counterweight, according to Ole Hansen, head of commodity strategy at Saxo Bank.In his latest precious metals analysis, Hansen said that Gold’s early-week price action suggests the yellow metal is ...
Natixis sees gold price falling to $4,100 by year-end, but three scenarios remain in play -
(Kitco News) - Gold prices could remain under pressure through the end of the year as rising oil prices, persistent inflation and higher interest rates take their toll on the precious metal, but Natixis believes the outlook could diverge dramatically depending on how the conflict surrounding the Strait of Hormuz evolves.
Calm stock markets today could help gold price hold support despite surging bond yields – MarketVector’s Yang -
(Kitco News) - Gold prices are struggling as persistent inflation pressures drive bond yields higher and force investors to continue to price in a more aggressive Federal Reserve; however, unusually calm equity markets could be providing an important source of support for the precious metal.
Lyn Alden is holding gold, but says the Fed is bailing a boat with a leaking bucket -
(Kitco News) - the Fed's tools aren't built for this kind of inflation, nobody in Washington wants to cut spending, and gold needs some time before its next run.
Gold price shoots to session high $4,171/oz after Consumer Confidence drops to 81.9 -
(Kitco News) - Gold prices are trading at session highs after the latest data painted a worsening picture of U.S. consumer sentiment this month.The Consumer Confidence Index fell to 81.9 in September, below economists’ consensus forecast for a 89.2 reading and also below the downwardly revised 88.6 print from August, the Conference Board announced on Tuesday.
Gold prices catching a bid as JOLTS Job openings fall to 7.08 million -
(Kitco News) - The gold market appears to be attracting some bullish attention as the U.S. labor market shows further signs of cooling, with the number of available jobs falling to its lowest level since May.
Zero Hedge
"BigMacGPT": McDonald's Uses AI To Figure Out How Much Your Next Burger Will Cost Depending On Location -
"BigMacGPT": McDonald's Uses AI To Figure Out How Much Your Next Burger Will Cost Depending On Location
One week after McDonald's held its investor day at its Chicago headquarters, Wall Street has soured on a near-term turnaround effort, with Deutsche Bank analysts saying it has effectively been delayed.
Now, a new report says the quick-service restaurant chain behind the Big Mac...
Sex, Spies, And The FOMC: How Beijing Turned A Senior Fed Economist Into Its "Inside Man" -
Sex, Spies, And The FOMC: How Beijing Turned A Senior Fed Economist Into Its "Inside Man"
For years, conspiracy theorists have insisted that the Federal Reserve is run for the benefit of a foreign power. It turns out they were - at worst - only half wrong: it's just that the foreign power in question wasn't getting the FOMC minutes through the front door, but via a lovesick Fed eco...
Iran State Media Says Houthis Launched Fresh Attack On Saudi Abqaiq Oil City -
Iran State Media Says Houthis Launched Fresh Attack On Saudi Abqaiq Oil City
Update(1159ET): While very unconfirmed at this early stage, the Houthis have reportedly attacked the Abqaiq oil city in eastern Saudi Arabia this afternoon (local), reports IRNA citing anonymous news sources. Abqaiq is at the heart of of Saudi crude processing, and it has been struck previously in the cont...
Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013 -
Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013
Add South Korea to the list of countries taking tentative steps to hedge their exposure to the US dollar, and fiat in general.
The Bank of Korea will buy approximately one ton of domestically produced gold in December, worth 200 billion won, according to the office of Rep. Chung Tae-ho of the Democratic Party of Kor...
Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record -
Oil Hits Session High After DOE Shows Lowest Midwest Gasoline Stocks On Record
Oil prices rose to session highs after today's DOE inventory data refuted the latest cheerful API prints from Tuesday afternoon. Instead of the API-reported builds in distillates and gasoline, the DOE said that in the last week both products drew, with a modest increase in Cushing inventories, while crud...
Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon -
Feds Investigate Kinzinger Over Alleged Kalshi Bets On Own Pardon
Former Republican Rep. Adam Kinzinger is reportedly under investigation by the Commodity Futures Trading Commission over prediction-market trades tied to an unusually personal event: whether President Joe Biden would pardon him.
According to Politico, citing three people familiar with the matter, the CFTC has been...
Migrant Caravan Headed For US Border Has 'Zero Chance' Of Entering, DHS Chief Warns -
Migrant Caravan Headed For US Border Has 'Zero Chance' Of Entering, DHS Chief Warns
Another migrant caravan from Honduras has "zero chance" of entering the United States, DHS Secretary Markwayne Mullin.
U.S. Army combat engineers place razor wire on the U.S.-Mexico border wall to reinforce security in El Paso, Texas, as seen from Ciudad Juarez, Mexico, on July 24, 2025. Jose Luis...
FTC Launches 'Rogue AI' Probe Of OpenAI, Anthropic - And Takes Aim At Their Regulatory Moat -
FTC Launches 'Rogue AI' Probe Of OpenAI, Anthropic - And Takes Aim At Their Regulatory Moat
The Federal Trade Commission (FTC) is launching a sweeping, aggressive probe into top frontier labs like OpenAI and Anthropic. However, the investigation goes far beyond simply asking questions about autonomous software run amok, and its chairman has made clear he won't let Silicon Valley us...
Hung, Drawn, And Third-Quartered: Roll On Q4 -
Hung, Drawn, And Third-Quartered: Roll On Q4
By Michael Every of Rabobank
Today ends Q3, which has been a shocker even in a year of major market shocks.
Wars dragged on and spread. Russia-Ukraine saw energy sites hit and hybrid attacks against Europe increase. Saudi Arabia, not Iran, is now under missile fire and both oil exporters are partly blockaded. France gave the first si...
Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low -
Core PCE Prints Cooler Than Expected Due To Change In Methodology, As Savings Rate Plunges To 3 Year Low
Ahead of today's closely watched core PCE report - the Fed's (reportedly) favorite inflation indicator (although that will probably shift to Truflation after Kevin Warsh's task force is done with analyzing the data), which was seen by many as deciding whether the Fed will hike i...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Burkina Faso opens its first gold refinery in push for economic sovereignty -
By Monika PronczukAssociation PressTuesday, September 29, 2026
DAKAR, Senegal -- Burkina Faso has opened its first gold refinery as its military-led government seeks greater economic sovereignty after severing ties with traditional Western partners.
"From now on, gold from Burkina Faso must not only be extracted in Burkina Faso, it must be processed, controlled, valued, and certified in Burkina...
Senate investigation finds rampant use of Tether's stablecoin by Iranian regime -
By Dylan TokarThe Wall Street Journalvia MSN News, Redmond, WashingtonMonday, September 28, 2026
Iran has relied on digital dollars issued by one of the world's most profitable cryptocurrency companies to bypass a U.S. sanctions dragnet, said a report that Senate Democrats released today.
The report, by the Permanent Subcommittee on Investigations, says Tether's stablecoin has become a primary ...
Trump brought Venezuelan gold to the U.S. but refiners won't touch it -
By Anatoly Kurmanaev, Tyler Pager, and Rebecca R. RuizThe New York TimesMonday, September 28, 2026
In early March, as President Trump basked in the success of a military intervention in Venezuela, he joined Interior Secretary Doug Burgum in the West Wing for a private celebration. A businessman also attended, and brought along a pile of gold.
The president looked approvingly at the 10 Venezuela...
Will this review of GATA's work persuade you to help? -
7:40p ET Sunday, September 29, 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.
The MME people did a wonderful job with the presentation, sum...
Gold-rich Nicaragua gives Chinese miners rights to a tenth of its land -
By Christine Murray, Camilla Hodgson, Janina Conboye, and Aditi BhandariFinancial Times, LondonSunday, September 27, 2026
Nicaragua has handed mining concessions covering more than a tenth of its land to Chinese companies in the past three years, expanding Beijing's foothold in the gold-rich country as it tussles with Washington for influence.
The Central American autocracy has awarded 80 conce...
Wolf Street
Legal Tender News
CoinDesk
Open USD takes on Tether, Circle with a different stablecoin model that's 'building money' -
The “overwhelming majority” of Open Standard’s equity will be distributed over time to partners based on how much they help grow the stablecoin, CEO Zach Abrams said.
U.S. CFTC seeks event contract definitions that may defy states' gambling claims -
As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review.
Crypto Long & Short: What will the AI agents run on? -
Clock's ticking: UK's crypto regulatory application window opens with February deadline -
The five-month application window precedes the new regulatory framework’s planned introduction in October 2027, after years of legislative development.
Cardano tapped by Brazil’s state oil giant to track cleaner jet fuel and diesel -
Petrobras is testing the blockchain in two research projects aimed at preventing emissions benefits from being counted twice and tracing fuel data across production and use.
A stronger dollar is a weaker threat to bitcoin than traders think -
Your day-ahead look for Sept. 30, 2026
Bitget hackers move $4 million into Zcash’s private pool, making funds harder to trace -
Three transfers pushed about 15% of the stolen ZEC into Ironwood, where payments hide their senders, recipients and amounts.
The SEC Is finally modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’ -
If ownership data is split across a token wrapper, a special-purpose vehicle (SPV), a broker’s internal ledger and a transfer agent's off-chain database, we are setting the stage for a Paperwork Crisis for the blockchain age, argues Fairmint’s Joris Delanoue.
OpenAI, Google and Meta pledge independent AI safety audits under voluntary White House deal -
Six companies signed a safety pact covering hacking and biological threats, with no penalties or deadline for putting the checks in place.
Metaplanet directors push back against shareholder fury over a controversial executive payout plan -
Independent directors cite management’s financial risk and restructuring role, but leave questions about Gerovich’s exercised shares and MMXX Ventures unanswered.
bitcoin.com
Brazilian State Energy Giant Petrobras Taps Cardano for Tracing Fuel -
Brazilian state-owned energy firm Petrobras is testing Cardano’s blockchain to track the environmental benefits of renewable fuels, expanding an experiment aimed at making emissions claims easier to verify. Putting Energy Evidence on Cardano The state-controlled oil company is working with the Cardano Foundation and researchers at PUC-Rio on two applications built on the Cardano blockchain, […]
‘Fake News’: El Salvador Denies Stablecoin Pivot as Bitcoin Treasury Grows -
El Salvador’s National Bitcoin Office has dismissed reports that the country is pivoting to stablecoins, calling it “fake news,” and confirmed it has no plans to launch or run any crypto or stablecoin wallets. Government Denies Stablecoin Pivot El Salvador has dismissed a Bloomberg report that the country is turning to stablecoins nearly five years […]
FCA Opens UK Crypto Gates More Than a Year Before Rules Hit -
Britain’s crypto rulebook now has an entrance exam. Starting Sept. 30, crypto firms can apply for full Financial Conduct Authority (FCA) authorization, but the regime itself doesn’t begin until Oct. 25, 2027. Firms wanting to stay should apply by Feb. 28, 2027, and existing applicants can keep serving customers, even taking new business, while the […]
Blackrock Leads $66M Bitcoin ETF Inflow as 9-Day Winning Streak Holds -
U.S. bitcoin ETFs extended their inflow streak to nine sessions on Tuesday, adding $66.19 million even as the pace of buying cooled sharply from last week. Bitcoin ETFs Stay Green as Trading Volume Falls to $1.6B The latest exchange-traded fund (ETF) data points to a market that is still attracting capital, though investors are becoming […]
Bitcoin Price Surges Past $85K as Bulls Muscle Back Into the Fight -
Bitcoin’s price was trading near $84,890 to $85,469 early Wednesday, up 0.4% over 24 hours, as the market continued working through the pullback from September’s $87,374 peak. The larger uptrend remains intact, but the short-term tape has settled into a contest between support around 82,555-83,000 and resistance beginning at $85,500 and higher. BTC’s price surged […]
Reason
NFL Player's Penis Size Is a 'Matter of Legitimate Public Concern,' Says Court -
That means his ex-wife can talk about it on a podcast if she wants to. But you probably shouldn’t follow suit.
On FOI Requests and Other Benefits of Working at a Public University -
For twenty-five years I never had to think about freedom-of-information requests, but in the last year I have been the subject of two such requests.
Axel Kaiser Explains the Javier Milei Effect -
Axel Kaiser discusses Latin America’s political realignment, the battle over culture, and why libertarians need to talk about virtue.
Jewish Community Center's Lawsuit Against "Goyim Defense League" Can Go Forward -
From Gordon Jewish Community Center v. Goyim Defense League, decided Wednesday by Judge Aleta Trauger (M.D. Tenn.): The following factual…
The post Jewish Community Center's Lawsuit Against "Goyim Defense League" Can Go Forward appeared first on Reason Magazine.
Homeland Security Admits To Watchlisting Americans Based on 'Potential Inaccuracies' -
The feds’ response to a lawsuit over their voter fraud investigation program is an admission that their approach didn’t work. But some questions are still unanswered.
Anti-White Speech Stemming from Seattle "Race and Social Justice Initiative" Training May Have Been Legally Actionable Workplace Harassment -
From Diemert v. City of Seattle, decided by Chief Judge Mary Murguia, joined by Judges William A. Fletcher and Lucy…
The post Anti-White Speech Stemming from Seattle "Race and Social Justice Initiative" Training May Have Been Legally Actionable Workplace Harassment appeared first on Reason Magazine.
AI-Powered Concierge Government -
Plus: FlyDubai flight to Tel Aviv forced to emergency-land, ICE hiring surge, and more...
No Sealing of Property Information in Motion Challenging Diversity Jurisdiction -
From Magistrate Judge Reid Neureiter last Wednesday in Kazazian v. Wilson Elser LLP (D. Colo.) (plaintiff appears to be the…
The post No Sealing of Property Information in Motion Challenging Diversity Jurisdiction appeared first on Reason Magazine.
Today in Supreme Court History: September 30, 1857 -
9/30/1857: Justice Benjamin Robbins Curtis resigns from the Supreme Court after Dred Scott v. Sandford (1857).
The post Today in Supreme Court History: September 30, 1857 appeared first on Reason Magazine.
Filing Taxes Will Cost Americans $544 Billion This Year -
The complexity and burden of the tax code add insult to injury.
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
While the Country Rejects ALPR Mass Surveillance, SF Settles for Weak Safeguards -
San Francisco's decision to retain its use of Automated License Plate Reader (ALPR) surveillance cameras belies what we know about this spying technology tool: it endangers residents and threatens the privacy and civil liberties of our community. Based on what's in the city's press release and announcement, this policy will do nothing to stop actual harms.
We know innocent drivers will be stopp...
Privacy’s Defenders Podcast: Cowboys, Cypherpunks and Visionaries -
People are increasingly concerned about the ways in which mass surveillance is tracking our every move: from Flock license plate readers to face recognition to creepy ads that – based on what we see and do online – seem to know everything we’re thinking and planning. It didn’t have to be this way, and since the early days of the internet, a dedicated band of activists, lawyers and technologists...
EFF to San Francisco Police: Drones are Powerful Surveillance Tools That Require a Robust Policy -
The San Francisco Police Department (SFPD) began regularly deploying drones two years ago and has since expanded their use in a way that has outpaced its documented policy and evaded existing local and state oversight of these devices.
The department has a new proposed policy, which continues to be grossly inadequate in protecting privacy and civil liberties. At best, the draft policy continue...
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
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...
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
Gun Owners of America Endorses Victoria Spartz -
Gun Owners of America is proud to endorse and stand by our friend, Victoria Spartz. Victoria embodies the values that make our state strong. She has a proven track record of defending and standing up for our Second Amendment rights alongside GOA. Victoria Spartz has been a leader on gun rights in Washington. For her, the Second Amendment is more … Read more
Banking Dive
American Banker
Bank of International Settlements
Federal Reserve - Press Releases
FDIC - Press Releases