Kitco News
Precious metals tumble despite falling yields as Hormuz tensions intensify - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply lower in late U.S. trading Thursday, as renewed Middle East tensions sent crude oil prices higher, reinforcing inflation concerns and expectations for additional Federal Reserve tightening.
War in Iran, higher energy prices are only delaying gold's rally to $5,000; mining stocks remain undervalued – Gabelli -
(Kitco News) - The ongoing war in Iran and disruptions to global energy supplies are driving inflation pressures higher, forcing central banks to maintain restrictive monetary policies, which is taking its toll on gold; however, one fund manager says the conflict is only delaying gold's eventual rally, while the mining sector continues to generate significant cash flow at historically elevated ...
Newmont beats third-quarter earnings expectations as higher gold sales boost profits; miner raises 2026 cost outlook -
(Kitco News) - Despite ongoing headwinds, the world's largest gold producer reported stronger-than-expected third-quarter earnings Thursday, as higher gold sales volumes and elevated metal prices helped boost profitability and cash flow.
‘Very bizarre action’ as gold retraces entire summer rally to test $4,000/oz: AI weakness, or yen intervention? – Jesse Columbo -
(Kitco News) – Gold’s dramatic Thursday selloff Has erased all of the yellow metals gains since the summer, and the lack of correlation with the US dollar index and bond yields suggests that this could be more than liquidations from the tech selloff, and may indicate the next round of yen interventions by the U.S. government, according to Jesse Colombo, independent precious metals analyst and f...
Gold and silver are not the best inflation hedges; investors should diversify into the commodity supercycle – Auspice Capital -
(Kitco News) - Gold’s disappointing performance in recent months is further proof that it is not a reliable inflation hedge, and while it remains an important diversification tool, one fund manager says investors should be looking at broad-based exposure to commodities as the global economy enters what could be a generational supercycle.
‘Gold is no silver bullet’ and isn’t hedging against equity drawdowns, but ‘debasement trade’ should continue – HSBC -
(Kitco News) – Gold will continue to benefit from the debasement trade despite its recent weakness, but precious metals investors would do well to diversify, as the yellow metal hasn’t provided effective protection against recent stock market pullbacks, according to market strategists at HSBC Asset Management.
Gold, silver pressured despite lower yields as Hormuz attacks send crude higher - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices were sharply lower in early U.S. trading Thursday, as renewed attacks on commercial shipping in the Strait of Hormuz and rising Middle East tensions pushed crude oil prices higher.
Gold prices struggling as U.S. weekly jobless claims fall to three-month low -
(Kitco News) - The gold market is struggling below $4,100 an ounce and could face further selling pressure as the U.S. labor market remains relatively healthy, with fewer American workers applying for unemployment benefits than expected.Initial claims for state unemployment benefits came in at a seasonally adjusted 194,000 for the week ending October 17, the Labor Department announced Thursday....
Gold gains as Treasury yields stabilize, Nasdaq surges despite Fed tightening concerns - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were higher in late U.S. trading Wednesday, while spot silver recovered from earlier losses, as a softer U.S. dollar and easing crude oil prices provided some support for precious metals despite persistent inflation concerns and expectations for additional Federal Reserve tightening. Strong corporate earnings lifted major U.S. stock indexes
‘The price of gold will reflect the pain elsewhere’ and gold equities are working as a leveraged play – BlackRock’s Hambro -
(Kitco News) – Gold will continue to appreciate as the systemic problems of ballooning debt, runaway deficits, and currency depreciation worsen, and the mining equities are once again providing multiples of leverage to the gold price, according to Evy Hambro, global head of thematic and sector investing at BlackRock.
Zero Hedge
Italy Makes Parents Pay For Milan Rioters: Meloni Decree Fines Families, Adds Riot Crime Carrying Up To 5 Years -
Italy Makes Parents Pay For Milan Rioters: Meloni Decree Fines Families, Adds Riot Crime Carrying Up To 5 Years
Italy's cabinet approved an emergency decree-law on Oct. 20 in response to the weekend riots in Milan, ANSA reported. The eight-article text creates a new offense of violent participation in demonstrations, extends preventive detention to minors aged 16 and over, and send...
A Warning From France -
A Warning From France
Authored by Jeffrey A. Tucker via The Epoch Times,
The chaos in the streets of France has a familiar ring to Americans who watched several cities burn in the summer of 2020. What started as "mostly peaceful" protests were quickly hijacked by chaos actors who whipped up excitable populations into a looting and pillaging frenzy, resulting in police crackdowns i...
"High Likelihood Of Error": Judge Halts DHS Voter-Fraud Door-Knocks In Nine States -
"High Likelihood Of Error": Judge Halts DHS Voter-Fraud Door-Knocks In Nine States
The Trump administration wanted an AI dragnet for weeding out illegals trying to vote - however a federal judge says it's catching legal citizens in the process and has put a stop to it.
HSI Kansas City investigating noncitizen voting (HSI Kansas City/X)Late Wednesday, U.S. District Judge Araceli M...
Netanyahu To IDF: 'Overthrow The Iranian Regime' -
Netanyahu To IDF: 'Overthrow The Iranian Regime'
Authored by Dave DeCamp via AntiWar.com
Israeli Prime Minister Benjamin Netanyahu said on Wednesday that his directive to the Israeli military is to "overthrow the regime in Iran" as he continues to ramp up his rhetoric in the days before the October 27 Israeli elections.
"My directive to the IDF, the Mossad, and the defense establ...
China's Unitree Unveils "Terminator"-Like Humanoid In Chilling New Demo Video -
China's Unitree Unveils "Terminator"-Like Humanoid In Chilling New Demo Video
Chinese robotics leader Unitree unveiled its H2-X in a promotional video Wednesday morning, highlighting the terrifying capabilities of humanoid robots and raising questions about their eventual dual-use military applications.
The H2-X footage reminds us how close humanity is to the "Terminator" movie...
"Wicker" Movie A Feminist Anti-Patriarchy Fantasy About Sex With Monsters -
"Wicker" Movie A Feminist Anti-Patriarchy Fantasy About Sex With Monsters
If you want to know the deepest and darkest dreams of the feminist cult, you don't have to look very hard. All you have to do is watch their movies and read their books, which put their mental illness and hypocrisy on full display for the world to see.
A now infamous example of this is a romance novel cal...
Top MAHA Adviser Calley Means Resigns Amid Reported Frustration Over White House Food-Policy Delays -
Top MAHA Adviser Calley Means Resigns Amid Reported Frustration Over White House Food-Policy Delays
Authored by Zachary Stieber via The Epoch Times,
A top adviser to Health Secretary Robert F. Kennedy Jr. is stepping down.
Calley Means, who has worked on a range of Make America Healthy Again (MAHA) initiatives, did not disclose a reason for his resignation on Oct. 22, and said ...
Increasingly Toxic To Candidates, Pro-Israel AIPAC Retreats From Endorsements And Direct Donations -
Increasingly Toxic To Candidates, Pro-Israel AIPAC Retreats From Endorsements And Direct Donations
In the latest indication that a sea change is underway where US support of Israel is concerned, the American Israel Public Affairs Committee (AIPAC) on Wednesday announced it will stop endorsing political candidates and directly contributing to their campaigns and PACs. The move refle...
Iran's Hardliners Push For Nuclear Weapons As U.S. War Drags On -
Iran's Hardliners Push For Nuclear Weapons As U.S. War Drags On
Authored by RFE/RL Staff via OilPrice,
It was once taboo in Iran to publicly speak about developing nuclear weapons. The authorities would often point to former Supreme Leader Ayatollah Ali Khamenei's religious edict barring the development of weapons of mass destruction. Iranian officials have long insisted the count...
"Even 1, 2, Or 3% Could Make The Difference": Trump Vows "Powerful Legal Options" To Purge Alaska's Other Dan Sullivan... Who Got 2.5% -
"Even 1, 2, Or 3% Could Make The Difference": Trump Vows "Powerful Legal Options" To Purge Alaska's Other Dan Sullivan... Who Got 2.5%
Most incumbents worry about their opponent. Dan Sullivan has to worry about his name (remember the two Dan Sullivan thing?).
Dan Sullivan (R) the incumbent:
Incumbent Dan Sullivan (the guy Trump supports)Dan Sullivan (R) the challenger:
At Wedn...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Central banks still exchanging dollars for gold, Maguire tells LFTV -
2:25p ET Thursday, October 22, 2026
Dear Friend of GATA and Gold:
Gold's structural breakout, London metals trader Andrew Maguire says on this week's edition of Kinesis Money's "Live from the Vault" program, continues to be driven by central bank replacement of dollar reserves with the monetary metal. The recent decline in gold prices, Maguire says, is again entirely a matter of derivatives sho...
India mounts costly defense of rupee -
By Chris KayFinancial Times, LondonThursday, October 22, 2026
India is mounting an increasingly costly defence of the rupee, deploying tens of billions of dollars and resorting to extraordinary market interventions to protect a currency that has come under pressure from elevated oil prices and investor outflows.
The central bank since June has already used about $90 billion of the more than $14...
The world's rich are finding a new home for their gold in Singapore -
By Cindy Wang and Yihui XieBloomberg NewsWednesday, October 21, 2026
Gregor Gregersen's first Singapore bullion business began from under his bed. He stashed silver, though not much of it, and trades took place at his neighborhood train station as he tested for local demand.
Almost 17 years later, the German-born former bank data architect owns a six-story, 180,000-square-foot mega-vault with e...
President of Africa's biggest gold-producing nation vows to end raw mineral exports within four years -
By Olamilekan OkebiorunBusiness Insider Africa, New YorkTuesday, October 20, 2026
Ghanaian President John Dramani Mahama has reaffirmed his government's commitment to end exports of unprocessed minerals by 2030, insisting that Africa's largest gold producer must stop shipping its natural resources abroad only to import finished products made from the same materials.
... Dispatch continues below...
West Africa is the new Wild West of gold mining -
By Alexandra WexlerThe Wall Street JournalMonday, October 19, 2026
A modern-day gold rush is under way in West Africa.
Mining companies have raced to the region in recent years, investing billions of dollars in new gold mines to cash in on near record prices for the metal.
The boom comes despite a rise in resource nationalism, with local officials seizing assets and detaining executives to secu...
Wolf Street
Legal Tender News
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender -
Legal tender is a medium of payment recognized by a legal system to be valid for meeting a financial obligation. Paper currency and coins are common forms of legal tender in many countries. Legal ...
This Day In Market History: Legal Tender Act Of 1862 -
What Happened? On this day in 1862, U.S. President Abraham Lincoln signed the Legal Tender Act into law. Where The Market Was: The Legal Tender Act predates both the S&P 500 and the Dow Jones ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
CoinDesk
Polymarket has reportedly fired its marketing chief, also a close friend of the CEO -
Matthew Modabber was reportedly ousted after an internal probe of several instances of misconduct, according to the New York Post.
Ethereum delays Glamsterdam test after security devs flag risk to existing contracts -
Developers canceled Monday's Hoodi activation after researchers showed how new gas rules could let smart contracts permanently record failed operations.
Cardano holders are being asked to bet $5 million on copper hitting a new record -
Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100 -
Bitcoin and gold pared early losses as the yen gave up gains and Asian stocks rebounded, though oil near $100 keeps inflation risks in focus.
Senate's top Democratic investigator looking into Tether payments to Bo Hines' firm -
Senator Richard Blumenthal, the ranking Democrat on the investigations subcommittee, added a probe of the ex-White House crypto adviser to his list of crypto interests.
A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech -
The venture investor behind early bets on Coinbase, Solana and Uniswap said is broadening its focus, joining other crypto investment firms looking beyond blockchain to artificial intelligence and tech themes.
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures -
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another U.S. bank.
Crypto for Advisors: Stablecoins are ready for prime time -
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa -
The company is in talks with Visa over a potential $2.5 billion acquisition, Axios reported.
Crypto is making a splash in U.S. elections — but chiefly in jabs about industry influence -
Boosters often say crypto voters can swing elections, but Democrats are seeking mileage out of tying crypto to Trump, corruption and attempts to buy seats in Congress.
bitcoin.com
A New Soft Underwater Robot Swims in 3D With Just Two Pneumatic Actuators -
North Carolina State University has built a soft underwater robot that hits 1.64 body lengths per second and can rotate about 90 degrees per second while steering in 3D using just two pneumatic actuators. The prototype pairs those drives with four elastic, feather star-inspired wings, leaning on mechanical intelligence in its structure rather than complex […]
Kraken Eyes Kazakhstan Market After Country Tightens Crypto Rules -
Kraken’s parent company, Payward, has received in-principle approval to expand into Kazakhstan, a country that once controlled roughly 18% of global bitcoin mining activity. Thursday’s announcement positions the exchange to offer trading, investment services, and digital asset custody in a market that has shifted from attracting miners with cheap electricity to building a regulated cryptocurren...
UV-Activated Carbon Composite Breaks Down ‘Forever Chemicals’ by 90% in Lab Tests -
A UV-driven composite built from graphene aerogel and the titanium metal-organic framework MIL-125-NH2(Ti) achieved a 90.2% defluorination rate for PFOA in lab tests. The material, developed by teams at Wuxi University, Nanjing University of Science and Technology, and Nanjing University, also broke down shorter-chain PFAS such as PFHxA (65.3%) and PFBA (51.8%) via photocatalysis and […]
Colombian Police Dismantle $42M Crypto Drug Laundering Ring -
The operation involved movements across four different locations to capture “Gallo,” the head of an organization accused of drug trafficking and crypto laundering in Puerto Rico, and Nassim Vasquez, indicted in New York for laundering over $42 million with cryptocurrency. Colombia Announces Eight Detentions Involved in Laundering Money From Drug Trafficking Organizations Colombia is tightening ...
Chainlink Enters Korea’s $68B Market Through LG CNS Partnership -
Chainlink has partnered with LG CNS, the technology contractor behind the Bank of Korea’s Project Hangang, to expand regulated digital asset infrastructure in South Korea. Announced on Thursday, the agreement targets a $68 billion cryptocurrency market with more than 11 million eligible users, bringing oracle technology, institutional blockchain connectivity and technical standards into the cou...
Reason
Tenth Amendment Center
This isn’t an Instruction Manual. It’s a Warning. How Empires Fall. -
Collapse is self-inflicted: Benjamin Franklin knew the pattern all through history. In 1773, he wrote a masterpiece of biting satire - 20 rules for how a great empire destroys itself from within by making its own people see it as detestable. It was supposed to be a warning, but London completely ignored it and paid the price. Once you hear his “rules,” judge for yourself. Is this just another h...
Lost Cause: The Federal Government will Never Limit Itself -
Going to the federal government to convince the federal government to limit its own power? That’s not just dumb strategy and a lost cause. It’s dangerous to the Constitution and liberty. On this episode, it’s James Madison’s blueprint for beating the feds without relying on the feds to magically limit their own power. Plus the right to keep and bear arms as the ultimate safeguard for freedom.
T...
The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. -
That means the rules of the constitution apply whether someone calls it an “emergency” or not. On this episode, it’s the founders’ long-forgotten warning about the oldest weapon in the book. Let politicians have extra power or funding because THEY declare an emergency? And you’ll get never-ending emergencies.
The post The Word “Emergency” Doesn’t Exist in the Constitution. That’s no Accident. a...
Electronic Frontier Foundation
Canadians Are Running Out Of Time To Oppose The Dangerous C-22 Surveillance Bill -
Canada’s Parliament is debating a massive expansion of surveillance powers that will threaten the privacy and security of millions of people. Bill C-22, also called the Lawful Access Act, has already passed the House of Commons, and is now before the Canadian Senate.
Canadians still have an opportunity to speak out and stop this dangerous legislation. The Canadian Civil Liberties Association (...
Introducing Our New Surveillance Self-Defense Guide: Online Privacy for Parents and Youth -
The internet is a vast and confusing place no matter your age. Trying to help youth engage with it safely and privately is a complicated topic that touches on many different skillsets and ideas. But just because it’s complicated doesn’t mean it’s impossible. We’ve launched our Online Privacy for Parents and Youth Surveillance Self-Defense guide in hopes to provide a framework for finding soluti...
Interoperability vs. Security: Why not both? -
An open internet where people can freely build, share, and remix each other's work is a powerful engine of grassroots innovation we’ve all benefited from. In recent decades, however, corporations have taken control of an increasing share of this work, giving them a greater ability to stifle challengers and limit our choices. When regulators address this by mandating that tech giants play fair ...
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: GOA Knocks Down Federal NFA Scheme—Now AG Dave Sunday Must Protect Pennsylvanians -
GOA’s Federal NFA Win Leaves PA Gun Owners in Legal Limbo: AG Sunday Must Act NOW! Following a massive legal victory by Gun Owners of America, law-abiding Pennsylvanians are finally seeing unconstitutional federal overreach dismantled. In Silencer Shop Foundation v. ATF, the federal court struck down the National Firearms Act’s unconstitutional registration and transfer scheme for short-barrele...
ATF GUIDANCE IS HERE! -
And there are some big changes thanks to GOA’s lawsuit victory… ATF just released guidance on our massive victory in our “One Big Beautiful Lawsuit,” which struck down the registration requirements for short barreled firearms and suppressors. This is huge news. In the weeks following our victory, GOA has been lobbying both the White House and Congress to press ATF … Read more
Grow GOA, Grow Your Business -
Get paid every time one of your customers joins the fight! As a part of Gun Owners of America’s Corporate Membership Program, you’re already actively in the fight to protect the Second Amendment. Your customers are the same gun owners we go to war for every day in Congress and in the courts. Today, we’re rolling out a new way … Read more
Banking Dive
Barclays to cut 5,000 employees this year -
Roughly 60% of the reductions are expected in “support functions,” including developers, as AI bolsters productivity, the bank said.
Plaid CEO: AI’s rise could fuel ‘scary year’ for financial security -
“We're just in a dead sprint using AI to fight AI fraud,” Zach Perret, the data aggregator’s chief executive, said at the Money20/20 conference this week.
OCC issues final rule on stablecoin framework -
The regulation bans direct yield payments to customers from stablecoin issuers, but the OCC said it would “evaluate” third-party yield arrangements on a case-by-case basis.
Cross River to acquire customer-loyalty specialist Accrue -
Adding the fintech’s branded-wallet platform, stored value and technology would let Cross River “offer partners a complete embedded finance stack,” the $8.5 billion-asset bank said.
PNC CEO: Agent-only transactions ‘will never happen’ -
The Pittsburgh-based regional bank has made big bets on AI internally. But Bill Demchak said agents transacting could “mess with people’s lives.”
American Banker
Looking ahead, Huntington sees growth, warnings signs -
While Robust C&I lending drove an earnings beat, Chairman and CEO Steve Steinour called market turbulence a cause for concern.
Bread: Inflation making spending 'increasingly selective' -
While credit sales grew 9% in the third quarter, Bread Financial CEO Ralph Andretta said that consumers with lower credit scores showed greater selectivity in their purchasing patterns.
Visa, Mastercard bet on AI, crypto ahead of earnings -
With the big card companies scheduled to issue quarterly reports next week, they're releasing a number of products that support digital assets and artificial intelligence.
'Tell me what you think': Challenges of managing AI users -
Speakers at the Most Powerful Women in Banking conference shared some of the challenges they are dealing with as employees lean on AI agents and AI agents start to become employees.
DC-area bank sees profits rise as new CEO seeks turnaround -
Eagle Bancorp's higher-risk loans declined 41% from a year earlier, but its nonperforming assets rose. New CEO Stephen Curley is working to strengthen the bank's balance sheet, which has been hurt by troubled office loans, and expand lending.
Bank of International Settlements
Federal Reserve - Press Releases
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank -
Federal Reserve Board announces termination of enforcement actions with Gardner Bancshares, Inc. and Small Business Bank
Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026 -
Minutes of the Board's discount rate meetings on August 17, September 9, and September 16, 2026
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families -
Federal Reserve Board releases results of the 2025 Survey of Consumer Finances, which provides the public and policymakers with detailed insights into the economic condition of American families
FDIC - Press Releases