Kitco News
Fed Chair Warsh’s actual guidance from Jackson Hole may be buried in the footnotes – LPL Financial’s Roach -
(Kitco News) – Fed Chairman Kevin Warsh's speech from Jackson Hole this morning will likely be light on details and new insights, but the footnotes could offer important clues about his thinking, according to Jeffrey Roach, chief economist at LPL Financial.
Gold eases as Warsh, payroll revisions test Fed trade - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are modestly lower and spot silver prices are sharply higher in early U.S. trading Friday, as traders held gold near the $4,600 area ahead of Fed Chair Kevin Warsh’s Jackson Hole speech and the Labor Department’s preliminary payrolls benchmark revision. At the time of writing, spot gold was trading near $4,593.20 an ounce, down 0.16%, while spot silver was tr...
Forget $10,000 gold, the trend is higher until governments fix their debt – John LaForge -
(Kitco News) - Gold’s dramatic rise over the last several years may have pushed prices to levels that once appeared unimaginable. Still, according to one market strategist, investors shouldn’t get distracted by price targets.
Gold bulls still in control as market holds well above key support - Forex.com’s Razaqzada -
(Kitco News) - Growing fears over the size of U.S. government debt have ignited a new U.S. dollar debasement trade that has driven gold back above critical resistance levels; however, analysts are warning investors that the market is looking a little overbought after seeing a 15% rally through August.
‘The math is on gold’s side’: Larry Lepard sees rising debt forcing currency debasement -
(Kitco News) - Looking beyond the recent volatility, gold has seen extraordinary gains in the last two years, and according to one fund manager, after the recent correction, the precious metal is ready to resume its long-term uptrend.
‘Gold is a clear beneficiary of de-dollarization… and we think it can continue to climb’ – UBS -
(Kitco News) – Gold is benefiting from a reinvigorated de-dollarization trade, and the monumental fiscal challenges facing the United States could push the yellow metal’s price above $5,400 by next summer, according to commodity and currency analysts at UBS.
Gold steadies near $4,590 as claims dip, Fed hike risk stays live - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are little changed to weaker in early U.S. trading Thursday, as a firmer rates backdrop offset bargain hunting after Wednesday’s post-PCE pullback.
Gold approaches $4,600/oz after U.S. weekly jobless claims fall to 203k -
(Kitco News) - Gold prices are getting closer to the $4,600 per ounce level on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
Gold slips below $4,600 as yields, dollar firm after PCE - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Wednesday, after hotter-than-expected PCE inflation lifted Treasury yields, firmed the U.S. dollar and forced profit-taking across precious metals ahead of Nvidia earnings and Friday’s Jackson Hole speech.
China’s ‘Gold Road’ initiative is central to its national security, de-dollarization, and Global South strategies – S&P Global -
(Kitco News) – Gold is a “strategic mineral” to the Chinese government and plays a central role not only in the country’s long-term economic policies, but also in its national security strategy – and the international “Gold Road” initiative is a central component in all of this, according to a new analysis from S&P Global.
Zero Hedge
Caracas Mulls OPEC Exit As Trump Closes In On "Massive" Deal For Venezuela's Oil Fields -
Caracas Mulls OPEC Exit As Trump Closes In On "Massive" Deal For Venezuela's Oil Fields
Summary:
Caracas Mulls OPEC Exit
U.S. is Nears Deal For 17 Venezuelan Oil Fields under 100-year Leases Operated by U.S. oil companies
Trump Close To 'Massive' Deal For Seizing Stake In Venezuela's Vast Oil Fields
Focus on the Strait of Hormuz is shifting to South America late in the week as...
"No Longer Negative": BLS Annual Benchmark Revision Will Revise Payrolls Higher For First Time Since 2022 -
"No Longer Negative": BLS Annual Benchmark Revision Will Revise Payrolls Higher For First Time Since 2022
On Friday at 10am ET (at the same time as Chairman Warsh’s Jackson Hole remarks), the Bureau of Labor Statistics (BLS) will publish its preliminary estimate of the benchmark revision to the level of nonfarm payrolls for March 2026. The final benchmark revision will be issued an...
Democratic Socialism: A Beautiful Cake With A Bitter Aftertaste -
Democratic Socialism: A Beautiful Cake With A Bitter Aftertaste
Authored by Lance Roberts via RealInvestmentAdvice.com,
Democratic Socialism promises affordability and fairness. The bill, from Caracas to Copenhagen, is something else entirely.
On January 1st, a self-described democratic socialist was sworn in as mayor of the largest city in America. Weeks before that, socialist...
Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech -
Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech
US stock futures are flat and rates rise ahead of today's main event: Fed chief Kevin Warsh’s Jackson Hole speech at 10am ET (full preview here) as traders seek clarity on his economic outlook and his strategy for lowering inflation back to the Fed's 2% target. As of 8:00am ET, S&P futures are little changed and Nasdaq 100 ...
Federal Judge Again Blocks Trump Mail-In Voting Rules Ahead Of Midterms -
Federal Judge Again Blocks Trump Mail-In Voting Rules Ahead Of Midterms
Via American Greatness,
A federal judge on Thursday temporarily blocked the Trump administration’s new mail-in voting requirements, setting up another potential Supreme Court fight just days before states are expected to begin sending ballots for the November midterm elections.
U.S. District Judge Indira Ta...
Uprising In Ceuta: Locals Have Had Enough Of Migrant Invasion -
Uprising In Ceuta: Locals Have Had Enough Of Migrant Invasion
Authored by Steve Watson via Modernity News,
In the complete absence of any meaningful government action, the people of Ceuta have taken matters into their own hands.
On Wednesday night, Spanish flags filled the streets of the North African enclave. Crowds chanted for deportations. Then a column of residents pushed t...
Gap Soars On Old Navy CEO Shake-Up As Jefferies Sees "New Catalyst" For Stock -
Gap Soars On Old Navy CEO Shake-Up As Jefferies Sees "New Catalyst" For Stock
Shares of major U.S. clothing retailer Gap, whose brands include Old Navy, Banana Republic and others, jumped the most in 16 months in premarket trading after the company reported stronger-than-expected profit and upgraded its earnings outlook. The company also named retail veteran Michael Francis as Old ...
PayPal Crashes After Advent, Stripe Abandon $50 Billion Takeover Bid -
PayPal Crashes After Advent, Stripe Abandon $50 Billion Takeover Bid
PayPal shares plunged as much as 16% in premarket trading Friday, the most in months if the losses hold through the cash session, after a consortium led by private-equity firm Advent International and payments giant Stripe abandoned its takeover bid for the struggling payment processor.
Bloomberg reports that the...
Britain's Biggest Council Pushes Two-Year Jail Term For Flying National Flags -
Britain's Biggest Council Pushes Two-Year Jail Term For Flying National Flags
Authored by Steve Watson via Modernity News,
Britain's largest local authority has gone to the High Court to stop people hanging the Union Flag and the St George's Cross from lampposts, with campaigners warning that a breach could mean up to two years behind bars.
Birmingham City Council filed the app...
New Jersey Has America's Highest Lifetime Taxes: $1.36 Million -
New Jersey Has America's Highest Lifetime Taxes: $1.36 Million
How much money do you have to pay in taxes over a lifetime?
This visualization, via Visual Capitalist's Bruno Venditti, maps the estimated lifetime tax bill for a single filer in every U.S. state, including federal and state income taxes, as well as sales, property, and vehicle taxes.
The data for this visualization...
MarketWatch - Top Stories
Home prices in Chicago have jumped more over the past year than in any other U.S. city -
Nationally, home prices are rising at a slow pace as housing inventory remains relatively low. But some markets, particularly in the Midwest, are seeing big gains.
Micron’s Chinese rival just reported its first earnings as a public company — and sales are booming -
CXMT, the Chinese memory-chip producer, on Friday reported its first financials as a public company that showed that how much it is benefiting from surge in artificial-intelligence services lifting prices.
This new Social Security math could lead us down a dangerous road -
What are taxpayers entitled to?
How a plan to fix a $326 billion hole on bank balance sheets could underpin a Warsh and Bessent Treasury twist -
It looks like Federal Reserve Chair Kevin Warsh and Treasury Secretary Scott Bessent are acting in a coordinated way to reduce long-term bond yields, according to Citrini Research.
Does a 2% beneficiary inherit 100% if the 98% beneficiary dies in a car accident? Asking for a friend. -
“I’m curious what would happen if the account owner were to die suddenly at the same time as the 98% beneficiary.”
‘The relationship quickly deteriorated’: My friend’s lawyer settled his injury case without his consent. What can he do? -
“His former lawyer is now holding the settlement funds, maintaining that he is entitled to attorney’s fees.”
PayPal’s stock sinks as suitors reportedly walk away from their takeover bid -
Reports of a takeover offer have propped up PayPal’s stock in recent months, but now the company may have to execute a turnaround on its own.
Truckers are finally making real money again, and AI is a big reason why -
Data-center construction is one of the factors behind a trucking boom that has pulled the industry out of a freight recession.
Is Anthropic worth $2 trillion? Here’s how the company is trading in a new tokenized market. -
Not all fund managers are convinced by the valuation but perpetual futures are already pricing Anthropic
My mother, 91, has dementia. Every bank says I need her signature to unlock her $100,000 stock certificate. What can I do? -
“These shares are the only assets in her estate without designated beneficiaries.”
CNBC Top News
CNBC Economy
GATA
Alasdair Macleod: The silver squeeze is back -
By Alasdair MacleodGoldMoney, TorontoFriday, August 28, 2026
A week of consolidation for gold and silver ends with a strong performance for silver. Driving silver's price are factors common to gold, plus the gradual reopening of Indian demand.
Silver volumes on Comex have been high for the last seven trading sessions, while open interest has climbed from ultra-low levels, but it is still in dee...
'Paper' gold is cracking as China builds a gold-based financial system, Maguire tells LFTV -
12:04p ET Thursday, August 27, 2026
Dear Friend of GATA and Gold:
On this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says confidence in "paper" gold is "cracking" as China continues building an international financial system providing an alternative to the U.S. dollar.
... Dispatch continues below ...
... ADVERTISEMENT ...
Ultra-Sec...
When people move from ETF paper to real metal, they need vaults to keep it in -
The Year the Rich Went Wild for Gold
By Leslie HookFinancial Times, LondonThursday, August 27, 2026
Row upon row of gunmetal-grey boxes fill the floor-to-ceiling shelves of Sharps Pixley's underground vault, concealing the glittering treasure packed inside. The vault in London is so full that the gold dealership is hunting for a site for a new one, says Giles Maber, head of UK at the company.
I...
Gold's niche status means big upside if investors pile in -
By Jack RyanBloomberg NewsThursday, August 27, 2026
Gold is by some measures one of the biggest asset classes around, but its size obscures a market that would struggle to absorb billions of dollars from nervous bond investors without a sharp rise in prices.
More than $30 trillion of the metal is estimated to exist above ground. Earlier this year the dominant London spot market saw well over $1...
China plans a gold-convertible renminbi to internationalize it -
How a Chinese Gold Vault Network Could Bolster Yuan's Role
Julie ZhangSouth China Morning Post, Hong KongTuesday, August 25, 2026
https://www.scmp.com/business/china-business/article/3365092/gold-strategy-why-chinese-global-network-vaults-would-bolster-yuans-trade-role
China is building a global network of gold vaults and accelerating central bank reserve buying as part of efforts to promote th...
Wolf Street
Quarterly Update on the Ugly Fiscal Condition of the US in Q2 2026 -
US government interest payments, tax receipts, average interest rate on the $40 trillion Treasury debt, Debt-to-GDP Ratio, Deficit-to-GDP Ratio...
Inflation Exacts its Pound of Flesh: How Americans Earned their Income from All Sources except Capital Gains -
Income from wages & salaries, small businesses & farms, rentals, dividends, interest, and from the government.
How Americans Spent their Trillions of Inflation-Adjusted Dollars on Goods & Services and How that Changed since 2015 -
Spending on healthcare services, which blew by housing in 2023, continues to soar. But the big splurge on recreational goods & vehicles flipped this year.
CoinDesk
bitcoin.com
Dunamu Partners With Visa to Build Stablecoin, AI Payment Rails -
Dunamu, the operator of Upbit, signed a strategic partnership with Visa on Aug. 27 to build stablecoin and artificial intelligence (AI)-driven payment infrastructure, the companies announced in San Francisco. Upbit’s Parent Company Teams up With a Global Payments Giant Executives from Dunamu and Visa met in San Francisco to formalize a partnership covering stablecoin payments, […]
Bitcoin Gained $14,264 in a Week, Galaxy Says Next Bottom Signal Is Close -
One number tells the story of bitcoin’s week gone by: $14,264. That’s how much bitcoin’s price added in seven days, the largest single-week dollar gain the asset has ever recorded. The Week by the Numbers Bitcoin closed out the trading week (ending Aug. 23) gaining $14,264, or 22.7%, to end at $77,387, enough to make […]
Polish Olympic Chief Detained in Crypto Fraud Probe -
Polish Olympic Committee President Radosław Piesiewicz has been detained as part of a criminal investigation into the collapse of cryptocurrency platform Zondacrypto. Olympic Leader Facing Fraud Probe Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl), has been detained in connection with a growing criminal investigation into Zondacrypto, a collapsed cryptocurrency firm t...
Why Did a Judge Just Kill the Trump Administration’s Anthropic Ban? -
A federal judge tore up the Pentagon’s “supply chain risk” label on Anthropic late Thursday, ruling that the Trump administration illegally punished the artificial intelligence (AI) firm for refusing to let the military weaponize its Claude models. A Blunt Rebuke From the Bench U.S. District Judge Rita Lin of the Northern District of California handed […]
Brazil Deploys Crypto Alerts System to Neutralize Cyber Threats -
The Central Bank of Brazil is advancing the implementation of a crypto threat system for banks and national crypto exchanges. The system, already developed, would help institutions identify, process, respond to, and mitigate cyberattacks using cryptocurrency as an exit rail. Central Bank of Brazil to Implement Crypto Threat System As crypto rises in popularity in […]
Reason
Haidt, Vindicated -
Plus: The scourge of scromiting, blaming air traffic control, and more...
Today in Supreme Court History: August 28, 1958 -
8/28/1958: Cooper v. Aaron is argued.
The post Today in Supreme Court History: August 28, 1958 appeared first on Reason.com.
Canada Should Ignore Trump's Protectionism and Unilaterally Enact Free Trade -
U.S. tariffs hurt Americans. Retaliatory tariffs will hurt Canadians.
Brickbat: No-Time Delivery -
In Ottumwa, Iowa, U.S. Postal Service carrier Jill Ranae Brown has been charged with fourth-degree theft after investigators say she stole…
The post Brickbat: No-Time Delivery appeared first on Reason.com.
Open Thread -
What’s on your mind?
Prosecution for Forging Court Order, Purportedly from Chief Justice Roberts -
Bloomberg News (Jordan Fischer) seems to have broken the story. Culver is also accused of impersonating an NSA agent, a…
The post Prosecution for Forging Court Order, Purportedly from Chief Justice Roberts appeared first on Reason.com.
No Anti-Stalking Order Against Rabbi Based on His Actions Opposing Anti-Israel Protest -
From the long opinion in Rokhvand v. Herzfeld, decided by D.C. Court of Appeals Judge Roy McLeese, joined by Judges…
The post No Anti-Stalking Order Against Rabbi Based on His Actions Opposing Anti-Israel Protest appeared first on Reason.com.
Idiocracy Predicted Our World, But Not in the Way You Think -
Mike Judge's cult classic turns 20 and remains prescient about how we live today, especially outside of politics.
Getting Rid of Flock Isn't Enough To Solve America's Surveillance Problem -
Civil liberties advocates warn that Americans’ privacy and surveillance concerns won’t be solved without strong legal protections.
Gavin Newsom Admits He Might Keep Tariffs? -
Robby Soave and Christian Britschgi discuss tariffs, tech moral panics, social media harms, video games, Dolly Parton, Tim Curry, AI-written journalism, and America’s $40 trillion debt.
Tenth Amendment Center
You Don’t Have “2nd Amendment Rights.” You Just Have Rights. -
Millions of people today refer to their rights by amendment number, as if they get them FROM the Bill of Rights. Like referring to their right to keep and bear arms as their “2nd Amendment Rights.” But the founders saw things far differently. The words on paper aren’t a permission slip for the people. They aren’t a “gun permit.” They are a restraining order for government: hands off our natural...
The Welfare Trap: Benjamin Franklin’s Forgotten Warning -
Politicians tell us that welfare programs are absolutely necessary - and helpful. But they ignore the fatal trap that Benjamin Franklin uncovered over 250 years ago: The more you subsidize something, the more you get - government welfare programs make things worse.
The post The Welfare Trap: Benjamin Franklin’s Forgotten Warning appeared first on 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...
Electronic Frontier Foundation
EFF and Allies on Brazil's Elections: Privacy Protections are Crucial to Electoral Integrity -
EFF, Access Now, and Data Privacy Brasil are putting forward recommendations to strengthen robust privacy and data protection safeguards in the context of Brazil's elections. The recommendations stress the close relationship between violations of personal data protection and challenges to the integrity of electoral processes. They underscore how privacy and data protection guarantees are a cruc...
A List of ICE Subpoenas to Tech Companies -
Immigration and Customs Enforcement (ICE) has conducted unlawful investigations into dozens of individuals who have documented ICE activities in their communities, social media users who criticized the government, and international students who attended a protest.
A favored tool in these speech chilling investigations are administrative subpoenas sent to technology companies, requesting basic s...
EFF's Policy Position on ALPR Surveillance: Eliminate It and Reduce Its Harms -
Automated license plate readers (ALPRs) build a searchable map of everywhere a driver goes, fed into databases that police, ICE, and private vendors can query after the fact. Networked across a city, ALPRs are purpose-built to track everyone regardless of suspicion. ALPRs are not a surveillance tool that can be made safe with the right policy or feature update—they are irredeemably harmful.
EFF...
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
PA: Legalize Suppressors -
Let’s Eliminate Suppressor and SBR/SBS Restrictions in Pennsylvania Pennsylvanians should NEVER be treated like criminals for exercising their constitutionally-protected rights. Yet under Pennsylvania’s archaic Title 18, Section 908, law-abiding citizens face state criminal charges simply for possessing suppressors (hearing protection) and short-barreled firearms—tools that are widely owned acr...
ATF MUST PROVIDE GUIDANCE TO GUN DEALERS! -
We won our case, but ATF is stalling, so let’s turn up the heat and make them clear things up for dealers and gun owners nationwide… On August 5th, GOA won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA. But, in the weeks following the decision, many GOA members have found that their dealer will not transfer … Read more
NFA Victory FAQ: What Gun Owners Need to Know -
On August 5, 2026, a federal judge in Texas ruled that the National Firearms Act’s registration requirements are unconstitutional for certain firearms whose NFA tax has been reduced to $0. This ruling was thanks to GOA’s historic “One Big Beautiful Lawsuit.” Since then, we’ve received thousands of questions about what the ruling means for gun owners. Here are the answers we have right now to s...
Banking Dive
American Banker
Bank of International Settlements
BIS residential property price statistics, Q1 2026 -
Real global house prices declined by 1.2% year on year (yoy) in the first quarter of 2026.
Effective resolution strategies and plans for insurers – Executive Summary -
The Key Attributes of Effective Resolution Regimes for Financial Institutions (Key Attributes) of the Financial Stability Board (FSB) require resolution plans to be developed for all financial institutions, including insurers, that could be systemically significant or critical upon failure.
Regulating stablecoin issuance: permissible entities and activities -
Regulatory approaches for stablecoin issuance differ significantly, particularly in terms of the types of entities allowed to issue them and the scope of activities permitted beyond core issuance. These differences are important since additional activities such as lending, staking or providing custody services can alter an entity's risk profile and influence the safeguards needed for its core i...
Federal Reserve - Press Releases
FDIC - Press Releases