Kitco News
Gold is having its best month since 1999. A former banker told me most people still aren't protected -
(Kitco News) - Five up weeks. On pace for the best month since 1999. And at around $4,650, gold is still nowhere near the record it set in late January.
Gold edges higher as yields fall, silver slips on profit-taking - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were slightly higher and spot silver prices were weaker in late U.S. trading Tuesday, as lower Treasury yields and softer U.S. economic data supported gold while profit-taking weighed on silver after its recent advance.
Natixis raises gold price target to $5,000 as U.S. debt and bond market fears mount -
(Kitco News) - After a months-long correction, gold prices appear to be back on the path to $5,000 an ounce, according to one market analyst.
Gold remains a strategic hedge from underpriced inflation and policy risks - Société Générale -
(Kitco News) - Renewed investor interest is providing new support for gold above $4,600 an ounce, and according to Société Générale, the precious metal will continue to play an important role in a diversified portfolio.
Gold price remains under pressure as U.S. new home sales fall 10.5% in July -
(Kitco News) - The gold market continues to see modest selling pressure, the result of some profit-taking after testing resistance at $4,700 an ounce overnight; however, according to some analysts, the precious metal remains well supported as an important safe-haven asset as the U.S. housing sector continues to struggle.
Gold sees profit taking even as US consumer confidence drops 89.4 -
(Kitco News) - The gold market continues to face modest selling pressure even as consumer confidence in the U.S. falls to its lowest level since the start of the year.
Gold slips from three-month high as Treasury buybacks, Iran risk frame trade - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are modestly lower, while spot silver prices are seeing a deeper struggle in early U.S. trading on Tuesday, as a firmer U.S. dollar prompted some profit-taking after gold briefly approached the $4,700-an-ounce area overnight.
Gold rises, silver slips as fiscal-risk trade holds - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are slightly lower in late-afternoon U.S. trading Monday, as gold’s fiscal-risk bid held even as silver saw profit-taking after last week’s breakout.
BofA survey says gold is undervalued as bullish speculative interest picks up -
(Kitco News) - For the third consecutive week, speculative investors increased their bullish bets on gold, in part due to growing uncertainty surrounding the sustainability of U.S. government debt, reigniting the debasement trade.
Economist who called the 2008 crash says the AI bubble has "less than a year to go" -
(Kitco News) - Steve Keen has spent two decades telling anyone who'll listen that markets watch the wrong debt. This week he put a clock on it.
Zero Hedge
Pitch For Defense Treaty And Moving US Military To Israel Is Insane -
Pitch For Defense Treaty And Moving US Military To Israel Is Insane
Authored by Jennifer Kavanagh via Responsible Statecraft,
On August 18, Israel bombed a non-operational Syrian air base, reportedly to derail Turkish plans to deploy military forces to the installation. The move drew swift condemnation from the United States, which did not receive prior notification despite its gr...
This Is The Income A Family Needs To Live Comfortably In Every US State -
This Is The Income A Family Needs To Live Comfortably In Every US State
Here’s the short version of what it takes for a family of four to live comfortably in 2026 by state:
In Massachusetts, you’d need nearly $330,000 a year - the highest figure in the entire country. Only three states clear the $300,000 mark: Massachusetts, Hawaii, and California. At the other end of the spectrum...
DEA Seized 47 Million Fentanyl-Laced Counterfeit Pills In 2025 -
DEA Seized 47 Million Fentanyl-Laced Counterfeit Pills In 2025
Authored by Naveen Athrappully via The Epoch Times,
The U.S. Drug Enforcement Administration (DEA) confiscated more than 47 million fentanyl-laced counterfeit pills and almost 10,000 pounds of fentanyl powder in 2025.
Just two milligrams of fentanyl is considered a lethal dose. Courtesy of the DEA
The seized narcotics...
Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension -
Scandal-Plagued KPMG To Cut Australian Workforce Following Government Contract Suspension
A major consultancy firm under fire for misconduct in its audit business is cutting its local workforce following a suspension from applying for new government contracts.
KPMG’s U.S. headquarters at Two Manhattan West. Photo via Emily Louick Photography and Entropy Film Works Inc.
KPMG - one ...
Macroeconomic Data Is Really A Tool For Government Intervention -
Macroeconomic Data Is Really A Tool For Government Intervention
Authored by Frank Shostak via Mises Institute,
It is common for commentators and economists to refer to something called the "economy," which sometimes performs well and, at other times, poorly. The "economy" is presented as an entity apart from individuals. Within this framework, the "economy" is assigned paramount i...
Is ICE Investigating Ilhan Omar? Trump 'Truths' Report On Withheld Fraud-Probe Records -
Is ICE Investigating Ilhan Omar? Trump 'Truths' Report On Withheld Fraud-Probe Records
President Donald Trump drew fresh attention to a long-running controversy on Sunday when he reposted a Just the News article on Truth Social headlined "ICE refuses to disclose records on Ilhan Omar fraud probe, cites ongoing 'enforcement proceedings.'" His decision to amplify the report, without ...
"Buffers Running Down Quickly": HSBC Warns Next Global Food Shock Brewing -
"Buffers Running Down Quickly": HSBC Warns Next Global Food Shock Brewing
Warnings on Wall Street about a confluence of stressors building deep within global agricultural supply chains are growing louder by the week, raising the risk of a food crisis next year.
JPMorgan analysts warned last week that the next global food crisis "won't be short-lived." HSBC analysts sounded a simil...
Limits On Border Patrol Arrests In California Lifted By Federal Appeals Court -
Limits On Border Patrol Arrests In California Lifted By Federal Appeals Court
Authored by Matthew Vadum via The Epoch Times,
A federal appeals court on Aug. 24 rescinded a preliminary injunction that limited U.S. Border Patrol stops and arrests in California's Central Valley.
The U.S. Court of Appeals for the Ninth Circuit found that a federal district court failed to properly ...
Bluetooth Glitch Exposes Alibaba's Secret Tracking Of Users, Developer Says -
Bluetooth Glitch Exposes Alibaba's Secret Tracking Of Users, Developer Says
A San Francisco-based developer discovered that Alibaba Group's AliExpress marketplace secretly hijacked his computer's audio system through hidden browser scripts, allowing the website to run inaudible sound waves at zero volume to create "fingerprints" used to track devices without relying on cookies.
T...
Judge Rules For Doctor Who Prescribed Ivermectin For COVID-19 -
Judge Rules For Doctor Who Prescribed Ivermectin For COVID-19
Authored by Zachary Stieber via The Epoch Times,
A doctor's lawsuit against Maine's medical board can proceed, a federal judge has ruled.
An order from the Maine Board of Licensure in Medicine that Dr. Meryl Nass undergo a psychological evaluation for allegedly spreading misinformation about COVID-19 was "based on no...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
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...
Ghana bars unrefined artisanal gold dore exports from September 1 -
By Emmanuel BruceReutersTuesday, August 25, 2026
Ghana's GoldBod has ordered that artisanal gold dore purchased by self-financing aggregators for export must be refined locally from September 1, effectively banning exports of unrefined dore under those arrangements, according to a statement.
The directive is the latest step in GoldBod's tightening grip on Ghana's vast artisanal gold sector, m...
Fidelity fund doubles gold holdings on uncertainty over Fed -
By Yihui XieBloomberg NewsMonday, August 24, 2026
A portfolio manager at Fidelity International Ltd. has doubled his fund's gold holdings over the past three weeks, citing increasing uncertainty over U.S. Federal Reserve policy as a catalyst.
After raising the proportion of bullion in the fund to a self-imposed limit of 5%, George Efstathopoulos said he would consider lifting this ceiling shoul...
South Korea's central bank wanted more gold but ended up with shares of GLD instead -
They haven't yet figured out that GLD is just unredeemable paper, easily revoked, seized, or frozen.
* * *
Why Is Bank of Korea Buying Gold Again?
By Im Eun-byelKorea Herald, SeoulSunday, August 23, 2026
After more than a decade, the Bank of Korea is back on a gold-buying spree, raising its exposure to the precious metal as it joins central banks around the world in diversifying their foreign r...
Bessent's bond maneuvers give debasement trade new life -
By Greg Ritchie, Denitsa Tsekova, and Isabelle LeeBloomberg Newsvia The Straits Times, SingaporeFriday, August 21, 2026
U.S. Treasury Secretary Scott Bessent's bid to tame U.S. borrowing costs knocked down long-term yields for barely a day. The more lasting market signal: The dollar weakened while gold and Bitcoin rallied, reinforcing a debasement trade fueled by swelling U.S. deficits and conc...
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 ...
What Is A "Legal Tender Law"? And, Is It A Problem? -
What is a legal tender law? Over the years, there has been some discussion about “legal tender laws” in the United States. I talked to a legal expert about it, and discovered – as I suspected – that ...
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, ...
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 ...
Floridians could soon be able to use gold and silver to pay for things -
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the ...
CoinDesk
XRP’s 44% rally brings leverage back, raising risk of sharper pullback -
CryptoQuant data show XRP’s estimated leverage ratio on Binance at its highest since January, with long accounts outnumbering shorts as futures volume runs more than five times spot trading.
Crypto greed gauge hits highest since just before October’s $19 billion wipeout -
The Fear & Greed Index reached 74 on Tuesday after sitting at 27 less than two weeks ago, showing how quickly traders have gone from caution to chasing risk.
Bitcoin holds $79,000, ether, solana slip as traders bank a week of gains -
Every major token fell over 24 hours except HYPE, though bitcoin holds a 23% weekly gain and XRP almost 45%.
U.S. state banking associations plan to launch their own nationwide blockchain network -
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.
Zerohash back for second effort at OCC trust bank charter -
The crypto infrastructure firm failed to get approval when it first sought a U.S. charter, and the company is quickly back with what it said would be a narrower effort.
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move -
The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.
LayerZero unveils trading infrastructure for crypto and tokenized markets, ZRO surges -
The trading infrastructure runs on LayerZero's Zero blockchain, backed by Citadel Securities with DTCC and ICE exploring institutional market applications.
Bitwise turns Coinbase's tokenized stocks into automated AI, robotics and tech portfolios -
The crypto ETF issuer is pushing deeper into onchain asset management as tokenization create new ways to build and manage investments.
Crypto custody firm Copper has potential buyers. But offers are way below its $500 million asking price -
Once valued at $2.5 billion, Copper was being marketed by investment bank Cantor Fitzgerald at around $500 million in May this year.
MiCA revolutionised European crypto, and left Poland licking its wounds -
Many in Poland may look back at 2026 as the year European crypto finally grew up, and one of Poland’s brightest economic ambitions faded into darkness, writes Mateusz Kara, founder and CEO of Morphic Financial Group.
bitcoin.com
Darknet Mastermind Signals Cooperation as $44M BTC Case Advances -
Tomáš Jiříkovský, a primary defendant in a major Czech cryptocurrency-laundering investigation, has signaled for the first time that he may cooperate with authorities. Following a custody hearing, a court ruled that Jiříkovský must remain in detention due to flight risks and concerns that he retains control over undisclosed crypto assets. Current Status: Extended Detention The […]
Did Anyone Claim California’s $1.5 Million? The Deadline Just Passed and the Answer Is Ugly -
A $1,532,761 Powerball prize from the Feb. 21, 2026 drawing was sold at Varso Gas in Escondido, and the 180-day claim window ended Thursday, August 20. As of reporting just before the deadline, no winner had stepped forward, and if the ticket ultimately goes unclaimed the money is required to flow to California public schools. […]
29,120 Addresses Investigated in Global Crypto Intelligence Sprint -
Operation Lighthouse investigated 29,120 cryptocurrency addresses and digital identifiers while generating 14,300 investigative leads. The Chainalysis-led sprint also surfaced more than 7,700 suspect accounts and identified suspects across 125 countries. Operation Lighthouse Turns Blockchain Data Into Leads Investigators converted months of cryptocurrency data analysis into actionable leads dur...
Nebraskans Set to Vote on Betting Markets With Kalshi Looming -
Nebraska’s Secretary of State certified two online sports wagering petitions on Aug. 21, sending both to the Nov. 3 general election. One would authorize online wagering in the state constitution; the other would write the tax and licensing framework into statute. Fanduel and Draftkings each put roughly $3.5 million into the campaign, and a casino […]
Treasury Targets Iran Crypto Sector and $100M Oil Payment Network -
The Treasury has opened Iran’s digital asset sector to broader sanctions while targeting a broker accused of processing over $100 million in cryptocurrency for oil sales supporting Iran’s military and its proxies. OFAC Opens Iran’s Digital Asset Sector to Sanctions Foreign crypto businesses now face broader sanctions exposure when dealing with Iran-linked counterparties following the […]
Reason
A Wall Of Separation Between LGB and T -
The Log Cabin Republicans will no longer advocate for transgender issues.
Brendan Carr's Vendetta Against ABC Conflates the 'Public Interest' With Trump's Personal Grievances -
The FCC chairman is punishing the network for news coverage and programming decisions that offend the president.
Oklahoma Attorney General Responsible For Two Terrible Supreme Court Decisions Loses Gubernatorial Primary -
I'd like to think Drummond lost because of St. Isidore's and Glossip.
How Much Will Andy Burnham's 'No. 10 North' Cost British Taxpayers? -
Taxpayers have already paid $14,300 for branding the new office—and more than $1,300 for moving a replica Downing Street door to Manchester, according to a Freedom of Information request.
California Bill Would Cap Rents During U.S.-Involved War -
The war in Iran is causing California lawmakers to consider wider price controls.
"Counsel Took Full Responsibility for His Mistakes, Was Not Evasive, and Prioritized Candor to the Court and Opposing Counsel" -
From Judge Jennifer Choe-Groves (Ct. of Int'l Trade) Thursday in Disruptive Resources, LLC v. Ballistic Barrier Prods. Inc. (D. Del.):…
The post "Counsel Took Full Responsibility for His Mistakes, Was Not Evasive, and Prioritized Candor to the Court and Opposing Counsel" appeared first on Reason.com.
"That Fire Burns Is an Inference Nearly as Old as Human History" -
A short excerpt from one part of Pudans v. Frank Rieman Music, Inc., decided Wednesday by the Iowa court of…
The post "That Fire Burns Is an Inference Nearly as Old as Human History" appeared first on Reason.com.
No Pseudonymity in Lawsuit Against Apple for Allegedly Enabling Stalking Via AirTags—Other Courts Had Allowed Pseudonymity -
As a reminder of just how badly split courts are on a wide range of questions related to the law…
The post No Pseudonymity in Lawsuit Against Apple for Allegedly Enabling Stalking Via AirTags—Other Courts Had Allowed Pseudonymity appeared first on Reason.com.
The Freedom 250 IndyCar Race Only Looked Like MAGA Propaganda if You Already Hate Trump -
Plus: Should the race happen again, or just be a one-off event? Also, NCAA eligibility is all messed up, and sports can teach us about immigration.
J.D. Vance's Interest in Huey Long Should Be a Red Flag for Conservatives -
Long's motto, "every man a king," was not a call for individual sovereignty. It was a populist pitch for wealth taxes and a more powerful government.
Cato Institute
Tenth Amendment Center
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...
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF and Civil Society Groups Call on Nottinghamshire Police to Halt Live Face Recognition -
This week, EFF, along with Big Brother Watch, Defend Digital Me, Liberty, Open Rights Group, Race Equality First, Statewatch, and Stopwatch, wrote to Nottinghamshire Police Force in the UK raising concern about the proposed roll-out of live facial recognition technology (LFR), and called for its immediate halt.
In particular, the letter highlights six concerns:
LFR Is Not "Just Another Tool"
No...
Intermediary Liability in Brazil: The Intricate Path Ahead -
Brazil's new internet intermediary liability regime is underway. The implementation of changes established by the Supreme Court includes notice and takedown mechanisms and duty of care obligations. Caution is crucial as these measures can create problematic incentives for enforcement overreach and over censorship of protected speech.
The court in June issued a new decision clarifying elements...
Some Tech Companies Have Privately Pushed Back on ICE Subpoenas. They Should All Do More. -
In a handful of known cases, large social media companies have privately pushed back against Immigration and Customs Enforcement (ICE) subpoenas when the agency tried to unmask anonymous users who tracked immigration activities or criticized the government. As ICE engages in a pattern of illegal and chilling investigations, any resistance is welcome. But social media companies can do more. When...
The Institute For Justice - Press Releases
Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners -
Five Humboldt County property owners, represented by the Institute for Justice (IJ), have reached a settlement with Humboldt County that dismantles the code-enforcement system the […]
The post Victory! Humboldt County Settles Landmark Lawsuit, Ending Ruinous Fine System That Punished Innocent California Homeowners appeared first on Institute for Justice.
14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition -
WASHINGTON— Yesterday, a broad coalition of amici—including a 14-state coalition led by South Carolina and West Virginia, ExcelinEd, the Alliance Defending Freedom, and the New […]
The post 14 States; Civil Rights, Education, and Religious Groups; and Leading Scholar Urge Supreme Court to Grant Special Education Petition appeared first on Institute for Justice.
Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ -
ARLINGTON, Va.—Today, the Institute for Justice (IJ) released a statement responding to suggested “reforms” announced by automated license plate reader (ALPR) provider Flock Safety. “This […]
The post Institute for Justice Calls Flock Safety’s Proposed Reforms ‘Window Dressing’ appeared first on Institute for Justice.
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
PA: Legalize Suppressors -
Let’s Eliminate Suppressor and 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 shotguns (SBSs)—tools that are widely owned ...
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...
THIS WEEK: Here’s Where Things Stand! -
THIS WEEK IN GUN RIGHTS! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s a recap of the things you should know… A federal judge ruled the registration requirements on short, barreled firearms and suppressors are unconstitutional. DOJ had a week to appeal the stay and let it pass. On midnight, when the stay expired, two … Read more
Banking Dive
American Banker
Bank of International Settlements
Settlement liquidity in the Colombian large-value payment system: the role of reserve requirements -
by Freddy Cepeda-Lopéz, Fredy Gamboa, Javier Miguelez-MárquezThis paper analyzes the intraday timing of transactions in Colombia's large-value payment system (CUD) from 2018 to 2025, focusing on how changes in reserve requirements affect liquidity management by financial institutions. Using high-frequency transaction data, we document that reductions in reserve requirements in April 2020 and Se...
Hard to shift, easy to reshape: central bank reserve demand and frictions -
by Mathias Drehmann, Xuewen FuHow far can central banks shrink their balance sheets? The answer sets the limits to quantitative tightening (QT), and depends critically on the demand for reserves and whether the drivers widely thought to have increased it over the past decade actually do so. We assess the impact of three such drivers: post-crisis liquidity regulation, monetization frictions, and...
High public debt in the Americas: non-linear implications for risk premia and inflation expectations -
by Eduardo Amaral, Rafael Guerra, Alejandrina Salcedo, Pablo Tomasini, Christian Upper
Federal Reserve - Press Releases
FDIC - Press Releases