Kitco News
Metals fade as long yields offset cooler inflation, lower Fed odds - Kitco PM Report -
(Kitco NewsWire) – Spot gold prices were modestly lower and spot silver prices were weaker in late U.S. trading Wednesday, as cooler U.S. inflation data lowered October Fed hike expectations but failed to stop another rise in long-dated Treasury yields.
Gold is setting up for one of its best decades as fiat currencies face mounting pressure - WisdomTree’s Shah -
(Kitco News) - The gold market continues to struggle against rising bond yields and tighter global monetary policy, but one commodity strategist says investors may be focusing too much on the short-term headwinds and missing what could become one of the most important bullish environments for the precious metal in decades.
Gold price will break $5,000/oz in H2 2027, and silver’s run to $120 was driven by more than hype – Morgan Stanley’s Gower -
(Kitco News) – Gold prices may be under pressure at the moment, but ETF and central bank demand has stayed strong, and the yellow metal will be trading back above $5000 per ounce within a year, according to Amy Gower, head of metals and mining strategy at Morgan Stanley.In a recent interview with CNBC, Gower acknowledged that the current environment was a challenging one for gold.
Gold price could have a ‘shinier Q4’ despite 20-year highs in bond yields - FOREX.com’s Razaqzada -
(Kitco News) - After a solid recovery in August, the gold market is ending the third quarter on a disappointing note as a sharp rise in bond yields takes its toll on the non-yielding asset.
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 facin...
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.
Zero Hedge
To Build Golden Fleet Frigate Fast, Two Shipyards Are Needed -
To Build Golden Fleet Frigate Fast, Two Shipyards Are Needed
Authored by Brent Sadler & Chase Ouellette via RealClearDefense,
In 1798, while at war with France, an exasperated British Lord Nelson exclaimed, "Were I to die at this moment, 'want of frigates!' would be stamped on my heart." It's a perennial problem: Frigates formed the backbone of navies in Nelson's time and do so to...
Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit -
Benchmaxxed: Google's New Gemini 4 Aces SAT, Struggles With Actual Job, "Skeptical Employees" Admit
After a year in which Google's AI roadmap resembled a Waymo stuck in a roundabout, the search giant on Wednesday finally unveiled Gemini 4 "Argon", its long-awaited flagship model. The market cheered, briefly: according to Goldman's closing equities color,
GOOG traded +2% after hours...
Judge Orders New York City To Scrap Notices For Mamdani's Tax On Second Homes -
Judge Orders New York City To Scrap Notices For Mamdani's Tax On Second Homes
Authored by Jill McLaughlin via The Epoch Times,
A Staten Island judge ruled Sept. 29 that New York City Mayor Zohran Mamdani's administration mishandled the rollout of a pied-à-terre tax on second homes in July, ordering the city to scrap the notices and start over.
Supreme Court Justice Wayne Ozzi s...
Battleground Democrats Are Snubbing Two 2028 Presidential Contenders -
Battleground Democrats Are Snubbing Two 2028 Presidential Contenders
Democratic candidates in several of this fall's most competitive House and Senate races are keeping Rep. Alexandria Ocasio-Cortez (D-N.Y.) and former Vice President Kamala Harris off their campaign trails - even though both women rank among the party's leading prospects for the 2028 presidential nomination.
The...
US Ambassador Says China Is 'Weaponizing' Rare-Earth Dominance -
US Ambassador Says China Is 'Weaponizing' Rare-Earth Dominance
Authored by Arthur Zhang via The Epoch Times,
Beijing is "weaponizing" its dominance of rare earths, and Chinese authorities have escalated restrictions on efforts to diversify supply chains away from China, U.S. Ambassador David Perdue said on Sept. 29.
A view of the MP Materials rare-earth open-pit mine in Mountain ...
Massive Gas Pipeline Blast Rocks Damascus Suburbs - 2nd Suspected Sabotage This Week -
Massive Gas Pipeline Blast Rocks Damascus Suburbs - 2nd Suspected Sabotage This Week
A huge explosion has rocked a Damascus suburb area on Wednesday evening (local), in what could be the second act of suspected sabotage against natural gas infrastructure in just a few days.
"A gas pipeline exploded Wednesday near the Tishreen power station in Syria’s Eastern Ghouta area in the Dam...
Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers -
Newsom Signs Laws Banning Shock Gloves And Taxing Immigration Detention Centers
Authored by Chase Smith via The Epoch Times,
California Gov. Gavin Newsom signed 21 bills on Sept. 29 aimed at limiting federal immigration enforcement in the state, including a ban on officers using shock gloves and a new 25 percent tax on private detention centers.
California Gov. Gavin Newsom speak...
Hegseth Orders Cyber Command, Intel Agencies To Counter Foreign Threats To Midterms -
Hegseth Orders Cyber Command, Intel Agencies To Counter Foreign Threats To Midterms
Secretary of War Pete Hegseth has directed U.S. Cyber Command and the Pentagon's combat support agencies to focus intelligence and cyber tools on foreign efforts to interfere in the 2026 midterm elections.
The Department of War (DoW) memo circulated Monday and dated Sept. 22 was addressed to the ...
Micron Flat After Strong Revenue Guidance Offsets Slight Margin Miss -
Micron Flat After Strong Revenue Guidance Offsets Slight Margin Miss
The highly anticipated Micron earnings (since memory is the one place in the sector in the market where all those massive new bond sales are funding) are finally out and they painted a solid, if slightly mixed, picture compared to buyside bogeys.
As we said in our preview, what would matter today is not what the ...
Who Keeps The Money When AI Rewrites Bank Code? -
Who Keeps The Money When AI Rewrites Bank Code?
Authored by Patrick Feeley via Substack,
The code most American banks run on was designed in 1959, the year Alaska and Hawaii became states. A committee of government and industry people wrote COBOL so that business programs could be read by people who were not mathematicians, and a good part of it was modeled on FLOW-MATIC, an earli...
MarketWatch - Top Stories
Google shows it’s not out of the AI race just yet -
The company’s Gemini 4 Argon announcement shows Google is back with the pack when it comes to cutting-edge AI models.
The 15 worst-performing S&P 500 stocks during a dismal September -
The S&P 500 has gained slightly in September, but three-quarters of its components have declined.
Trump touts economic wins in battleground states — like a $54 billion Alaskan pipeline — as the midterms draw closer -
President Donald Trump is spending time this week talking up big job-creating projects in battleground states.
How the ‘AI put’ has become the only thing that matters for stocks -
While investors worry a spike in global bond yields will trigger a selloff in U.S. equities, strategists at BofA Global Research say the real threat lies elsewhere.
A brutal September for bonds points to an even darker October -
September has been a brutal month for the bond market. If history is any guide, October might be even worse.
I’m 71 and still working. I earn $108,000 a year. Am I doing the right thing? -
“I have $152,000 in my IRA and Roth accounts.”
U.S. bond yields post biggest jump in a generation as global rout rattles investors -
Yields in the global bond market have risen with startling speed over the past few months, and the more than $30 trillion market for U.S. government debt certainly hasn’t been immune.
Paramount’s mega debt sale reveals how higher bond yields are squeezing corporate America -
‘Over the near term, we expect supply to fall off, unless someone has to borrow,’ says Invesco’s Matt Brill
Billionaires like Ken Griffin are doling out tons of money to prove that a college degree still matters -
Despite questions swirling around colleges and universities, Griffin’s $3 billion donation to Carnegie Mellon University is one of many from billionaires to colleges this year
My friend’s pet-sitting business grosses $300,000 a year, but she pays herself $50,000. Should I start one too? -
“She currently has about 15 sitters, all independent contractors.”
CNBC Top News
CNBC Economy
GATA
Six years after a mining reboot, Egypt's gold ambitions start to take shape -
By Alexander DzladoszReutersWednesday, September 30, 2026
CAIRO -- Egypt's mining sector drew hundreds of millions of dollars in planned investments this week as companies seek gold and other minerals in a country often seen as one of Africa's most under-explored.
Several companies awarded exploration licences are getting closer to confirming gold deposits able to support commercial operation...
African miners are digging elsewhere for growth -
By William ClowesBloomberg NeewsWednesday, September 30, 2026
African miners seem to like other places more these days.
Gold Fields' efforts to buy Australia's Northern Star Resources fit a now-established trend by South African gold firms aiming to bulk up their presence beyond their home continent.
The Johannesburg-listed company's $27 billion offer aspires to create the world's second-bigges...
Bank of Korea to buy 1 ton of gold, first purchase in 13 years -
By Han Dong-hoon and Kim Hye-ranSeoul Economic DailyWednesday, September 30, 2026
The Bank of Korea will buy about one ton of physical gold produced in South Korea as early as December. If the purchase goes through, it will be the central bank's first gold buying in 13 years. The move follows indirect investment through exchange-traded funds in the second quarter, signaling a more active push i...
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 ...
Wolf Street
Legal Tender News
Is Trump’s $1 coin now on sale a legal tender? What the law says -
The US Mint has begun selling the 2026 Donald Trump $1 coin, a legal-tender issue marking America’s 250th anniversary. Rolls of 25 cost $61, while 100-coin bags cost $154.50. The coin has a $1 face va ...
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 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 ...
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 ...
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, ...
CoinDesk
Crypto industry gave $8 million to Clarity Act lobbyists who didn't close the deal -
In the first half of this year, the sector poured millions into lobbying, with most of it tied to pushing the U.S. market structure bill to a goal it never reached.
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.
bitcoin.com
MSCI Rule Puts Strategy at Risk, Says Bitcoin Policy Institute Paper -
A private index committee that never touches investor cash can still trigger billions of dollars in stock trades. A new Bitcoin Policy Institute paper says MSCI’s proposed test could eject Strategy, Metaplanet, and uranium holder Yellow Cake from major indexes, while an earlier estimate put potential Strategy selling at $2.8 billion from MSCI-linked funds alone. […]
Animoca Brands’ Moca Chain Takes Aim at Digital Identity -
The Moca Foundation and Moca Network have launched a decentralized blockchain that lets users and AI agents securely share verified credentials across applications. Decoupling Verification from Data Storage Moca Foundation and Moca Network, an Animoca Brands project, have launched a blockchain network allowing users to carry verified digital credentials across applications without repeatedly sh...
Coinbase-Backed Base Gives Users More Control With Cobalt Upgrade -
Base has launched Cobalt, its third major network upgrade, adding new transaction controls for traders and expanding tools for companies issuing tokens on the Coinbase-incubated Ethereum Layer 2 network. Base Debuts Transaction Controls The upgrade is now live on Base mainnet and centers on two areas: a new feature called “Validity Transactions” and enhancements to […]
Bitcoin Price Holds $83K as Bitfinex Says Leverage Has Cleared -
Bitcoin calls represent 60.88% of options open interest, while Deribit’s October max-pain level sits near $76,000, below bitcoin’s current $83,719 spot price. Futures exposure totals approximately $53 billion, led by Binance and CME. The market data on Wednesday shows concentrated October call positions, mixed exchange activity, and a substantially smaller CME options book than in […]
Does America.gov Know Bitcoin Policy as Well as ChatGPT and Claude? We Asked -
The newly launched U.S. government AI chatbot America.gov can also help bitcoin and crypto users with answers to their questions. However, those responses can still be outdated, misleading, or self-censored. Bitcoin.com News compared answers from America.gov, Claude, and ChatGPT to 12 crypto policy questions. The new government website, designed to be a “unified digital front […]
Reason
Justice Alito Says Recusal in Suncor Energy v. Boulder County a "Difficult Judgment Call" -
Bloomberg reports on why Justice Alito decided to recuse from the first case of the Supreme Court's term.
Cops Used AI Surveillance To Detain an Innocent Texas Driver. His Lawsuit Just Got the Program Struck Down. -
AI-powered license plate readers flagged an abnormal driving pattern. Then officers made up reasons to pull him over and interrogated him, and they faked a K-9 alert to justify a nonconsensual search.
Trump Wants AI Companies To Police Themselves. His FTC Isn't Waiting. -
While the White House settles for a voluntary accord, the Federal Trade Commission is preparing subpoena-like demands and plans to compel testimony from frontier lab executives.
Trump Orders Mosquitoes and Rats Out of the District of Columbia -
Time to deploy gene drives to eliminate these disease-carrying pests?
Why Is Seattle Keeping Her From Cleaning Up Trash? -
Since 2020, We Heart Seattle has picked up over 2 million pounds of trash. In response, the state government is investigating the group for improper handling of materials.
The FDA Promises To Streamline the Dauntingly Complex Rules for Approving Nicotine Products -
The planned reforms could promote harm reduction by addressing a huge backlog that has resulted in routine violations of a statutory deadline.
How Regulation, Immigration Policy, and Tariffs Made Your BLT More Expensive -
A BLT looks simple, but bacon rules, lettuce labor shortages, and tomato tariffs show how government meddling can make even lunch more expensive.
Americans Are Wealthier Than 30 Years Ago. Here's the Data To Prove It. -
Americans with upper, middle, and lower incomes are all better off today than in the 1970s or 1990s, new CBO data shows.
You Can Now Sue Federal Agents in California. Good Luck Getting Past Qualified Immunity. -
Californians can now sue federal officers for civil rights violations, but cops can still claim qualified immunity as a bona fide defense for official misconduct.
Your Right to Privacy Doesn't Disappear When You're in Public -
Defenders of Flock-style surveillance systems argue that people “have no reasonable expectation of privacy in public.” They're wrong.
Tenth Amendment Center
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...
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.
Electronic Frontier Foundation
Victory! California Appeals Court Refuses to Revive Surveillance Tech CEO’s Meritless Lawsuit Against Journalist -
When the rich and powerful try to use the court to silence negative reporting about themselves, it’s worth calling out that behavior for what it is: an attack on free speech. This is why EFF is happy to stand up for reporters who find themselves in that situation.
The California Court of Appeals upheld a lower court’s decision to strike a former Premise Data CEO’s meritless lawsuit against a jo...
📱 Hey Siri, How Do I Limit AI Data Access? | EFFector 38.17 -
With the launch of iOS 27, Apple is rolling out a variety of new AI features to its familiar voice assistant, Siri. But how are AI tools like these handling our data? In our latest EFFector newsletter, we're talking about the privacy complications of AI phone features.
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For over 35 years, EFFector has been your guide to understanding the intersection of technology, civil libe...
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...
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
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