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
Top Trump Envoy Declares Kinetic Action In Yemen Would Be 'Fruitless' -
Top Trump Envoy Declares Kinetic Action In Yemen Would Be 'Fruitless'
Via The Cradle
US special envoy Tom Barrack conceded that a "ground kinetic" battle in Yemen by the US "seems fruitless" during a talk at the Global Security Forum in Qatar on Tuesday.
"I think the president’s been clear that he supports Saudi Arabia and the backing that they need logistically he will supply. B...
GTA VI Fever Takes Hold: US PlayStation 5 Sales Surge Ahead Of Blockbuster Launch -
GTA VI Fever Takes Hold: US PlayStation 5 Sales Surge Ahead Of Blockbuster Launch
With Grand Theft Auto VI launching in less than a month, demand for Sony's PlayStation 5 consoles in the US has already surged.
Bloomberg cites new data from market research firm Circana showing a 22% jump in PS5 sales, while tightening availability of the premium PS5 Pro suggests consumers are rushi...
October Election Surprise Season Is Here! -
October Election Surprise Season Is Here!
Authored by Ed Dowd: Beyond the Narrative via Substack,
October Surprise Season is back, right on schedule. The phenomenon is simple and well documented. Basically in the final weeks before a high-stakes election, an event, leak, crisis, or carefully timed disclosure appears that is meant to shift momentum, freeze the narrative, or force v...
Still 'A Very High Mountain Ahead' To Achieve Ukraine Peace: Vance -
Still 'A Very High Mountain Ahead' To Achieve Ukraine Peace: Vance
It has been a long, long time since this much optimism has persisted when it comes to the chances of achieving a Russia-Ukraine peace deal.
There are reports that trilateral talks involving Russia, Ukraine, and the US will finally soon happen in the wake of Steve Witkoff's meeting with President Putin this week. A ...
Are Radicals Training In Paris? -
Are Radicals Training In Paris?
Authored by Silvio Canto, Jr. via American Thinker,
Guess who is traveling to Paris for a training seminar on how to commit terrorist acts and destroy historic sites?
I'm sure that the first class is about destroying all of those statues of Lincoln and Jefferson.
Let's check this report from Kamal Sultan in the NY Post:
A Minnesota rapper who ...
Republicans Face Losing Senate Seat They've Held for 107 Years, And It All Comes Down To One Thing -
Republicans Face Losing Senate Seat They've Held for 107 Years, And It All Comes Down To One Thing
Republicans are confronting an increasingly concerning political situation in Kansas, where a Senate seat the party has held for more than a century has become unexpectedly competitive.
Republican Sen. Roger Marshall and Democratic nominee Adam Hamilton debated in Kansas City, discus...
Major US Banks Are Detecting Unauthorized AI Agents Accessing Customer Accounts -
Major US Banks Are Detecting Unauthorized AI Agents Accessing Customer Accounts
America’s largest banks are scrambling to defend themselves against a new and rapidly evolving security threat: artificial intelligence agents gaining access to customer accounts, sometimes behaving in ways that appear to go beyond what their human users originally authorized, according to Axios.
Majo...
Apple Deepens Push For Conflict-Free US Titanium For Foldable iPhone -
Apple Deepens Push For Conflict-Free US Titanium For Foldable iPhone
Apple's move to ramp up US supply chains for critical materials and components will send a clear signal to other manufacturers seeking secure, conflict-free supplies of metals and rare earths. The move aligns with the Trump administration's push to get Western manufacturers to break their dependence on China and l...
Saudi Aramco Evacuates HQ, All Staff Put On Remote Work -
Saudi Aramco Evacuates HQ, All Staff Put On Remote Work
Saudi oil giant Aramco has evacuated its headquarters in Dhahran after it recently came under a Houthi ballistic missile attack out of Yemen.
Sources told the AFP and Reuters that the company told remaining staff to evacuate from its headquarters amid two weeks of intensified Houthi attacks across the region.
via Saudi Aramc...
Nate Silver Explodes In Foul-Mouthed Tirade After Fake Polling Firm Pulls Off Humiliating Hoax -
Nate Silver Explodes In Foul-Mouthed Tirade After Fake Polling Firm Pulls Off Humiliating Hoax
Political polling guru Nate Silver unleashed a profanity-laced tirade after a polling operation admitted its surveys were largely fabricated.
Silver, whose career has been built around interpreting polling data, was furious after Wedgewood Polling admitted that much of its operation ha...
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
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.
Ethereum’s four-minute settlement plan could lower the cost of moving crypto -
A new draft targets a fourfold cut in the time it takes Ethereum transactions to become final, which could free up money transfer services tie up while customers’ payments clear.
Crypto traders seek shelter in bitcoin as altcoins slide and ETF flows wobble -
Your day-ahead look for Oct. 21, 2026
Bitcoin slides below $82,000 as AI doubts return, with DeFi tokens leading declines -
Bitcoin as much as 2.9% to around $81,600 as Nasdaq futures dropped, while the CoinDesk 80 lost 3.5% and DeFi index slid 6%.
Crypto traders price India telecoms company Reliance Jio's IPO at about $110 billion -
The pre-IPO Jio contract on Bitget is trading near $12, a roughly 4% premium on the top price band, as India’s largest public offering remains open for subscription.
Live updates: Bitcoin falls back to $81,000, with interest rates tumbling as stocks crack -
The Nasdaq is down more than 2% as the AI bull market trade continues to unwind. U.S. interest rates are plunging even as oil surges.
bitcoin.com
Ripple Teams With Arf to Bring RLUSD Lending to XRP Ledger -
Ripple and Arf are bringing RLUSD, Ripple’s dollar-pegged stablecoin, to settlement financing on the XRP Ledger. The partnership targets licensed payment companies awaiting cross-border settlements, with plans to adopt lending infrastructure built directly into the network. Payment Companies Gain Another Source of Settlement Funding Licensed payment companies will gain access to RLUSD financing...
DeFi Giant Uniswap Taps 7 Rival Liquidity Sources to Burn UNI Tokens -
The decentralized exchange (DEX) platform Uniswap has turned DEX competitors into potential revenue sources for its UNI token-burning mechanism. Launched Thursday, Aggregator Hooks connect seven external liquidity sources covering more than 90% of decentralized exchange activity across Ethereum, Base, and Robinhood Chain. The upgrade allows Uniswap to collect protocol fees from trades routed th...
Starknet Moves Toward Post-Quantum Layer 1 as Voters Back Ethereum Split -
Starknet is taking its first formal steps toward potentially becoming an independent, quantum-resistant Layer 1 blockchain, following a community vote that overwhelmingly supported researching a departure from its current role as an Ethereum Layer 2 network. STRK Holders Approve Layer 1 Exploration The Starknet Foundation announced Thursday that 93.52% of voting power supported exploring the […...
Bitcoin Price Won’t Break $100K By End of 2026, Analysts Say—Here’s Why -
Analysts from top crypto firms believe that other investment options, further interest rate tightening, and the still-developing situation in Iran are making it difficult for bitcoin to rise above the $100,000 price mark, even if a year-end uptick does happen. Bitcoin’s $100K Return Seen as Unattainable in 2026 While bitcoin prices have seen a mild […]
Ethereum Draft Targets Faster Finality and Future Quantum Defense -
Ethereum researchers want to slash transaction finality from roughly 16 minutes to 4 minutes, potentially cutting the capital tied up in cross-chain transfers by 75%. Filed this week, the Decoupled Consensus proposal would separate validator responsibilities, strengthen defenses against blockchain reorganizations, and prepare Ethereum for future quantum-resistant cryptography. The ambitious red...
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
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 ...
EFF to Brazil’s ANPD: Data Privacy and Free Expression Must Underpin Platform Regulations -
The Brazilian National Data Protection Agency (ANPD) plays a pivotal role in the regulation of digital platforms according to new legislation approved in Brazil. Throughout this year, EFF has presented comments, filed submissions, and met with the agency to emphasize crucial guardrails that the enforcement of new regulations should ensure.
ANPD is responsible for detailing and applying obligat...
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
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