Kitco News
Gold to hit $5,000, silver $97 in the next 12 months - LBMA delegate survey -
(Kitco News) - The ongoing energy crisis, persistent inflation and surging bond yields continue to create significant near-term headwinds for gold and silver, but those challenges have done little to shake the precious metals industry’s long-term bullish conviction.
Metals rise as oil steadies, yields pull back from 24-year highs - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were higher in late U.S. trading Tuesday, as Treasury yields eased from multi-decade highs and the U.S. dollar pulled back, giving metals room to extend their post-payroll rebound.
Hong Kong becomes Russia’s gold gateway to China as bullion flows shatter records -
(Kitco News) – Western sanctions have upended traditional gold flows, with Russian bullion that would normally go to London now pouring into Hong Kong at a record pace on its way to mainland China and other Asian markets.
LBMA 2026: Central banks find new reasons to increase official gold reserves -
(Kitco News) - For the last four years, central bank demand has transformed the gold market, providing a critical pillar of support for prices. Even if official demand continues to slow, reserve managers are increasingly viewing the precious metal as a strategic asset that can protect against geopolitical uncertainty, financial market instability and declining confidence in traditional reserve ...
Gold doesn’t have to be a ‘dead asset’: Tokenization could unlock utility and expand the market – LBMA 2026 -
(Kitco News) - Although gold is recognized as an essential monetary asset, it is also a dead asset, just sitting on a ledger; however, the tokenization of the precious metal could increase its utility, attracting more capital to the space, according to experts at the London Bullion Market Association’s annual Global Precious Metals Conference
Central banks add 39 net tonnes of gold in August with China, Uzbekistan and Poland leading purchases – World Gold Council -
(Kitco News) – Central banks maintained the strong monthly pace of gold allocation to their reserves in August, with the Chinese, Uzbek and Polish central banks leading all sovereign buyers, while other banks repatriated or transferred their sovereign bullion to new vaults, according to Marissa Salim, Senior Research Lead, APAC at the World Gold Council (WGC).
ICE brings futures trading to London’s $190 billion-a-day physical gold market -
(Kitco News) – The world’s largest physical gold trading market now has new futures contracts run by the world’s largest precious metals futures exchange.
Gold, silver prices rise as yields ease but December Fed risk remains - Kitco AM Report -
(Kitco NewsWire) – Spot gold and silver prices are higher in early U.S. trading Tuesday, as long-dated Treasury yields eased from Monday’s multi-decade highs and oil fell below $100 a barrel, giving metals room to extend their post-payroll rebound.
Gold holds near $4,138 as ISM prices keep yields elevated - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were little changed and spot silver prices were firmer in late U.S. trading Monday, as fading October Federal Reserve rate-hike expectations supported metals while a stronger dollar and long-dated Treasury yields near multi-decade highs capped gold’s rebound.
LBMA 2026: Gold is sending a message as debt fears fuel the debasement trade -
(Kitco News) - The traditional relationship between gold and bond yields is being challenged as mounting government debt, persistent inflation and concerns about the long-term purchasing power of fiat currencies continue to fuel the debasement trade, according to market experts speaking at the London Bullion Market Association’s annual Global Precious Metals Conference.
Zero Hedge
"Don't Be Evil"? Ex-Google CEO Schmidt's Attack Drones Get Warheads From US Army Bomb Plant -
"Don't Be Evil"? Ex-Google CEO Schmidt's Attack Drones Get Warheads From US Army Bomb Plant
The U.S. Army's McAlester Army Ammunition Plant is a massive munitions plant located in southeastern Oklahoma and will soon be producing warheads for former Google CEO Eric Schmidt's suicide drone arsenal.
Defense Blog reports that McAlester plant officials held a "ribbon-cutting ceremony t...
The Few Dominating AI Could Wield Insane Concentration Of Power, Researcher Warns -
The Few Dominating AI Could Wield Insane Concentration Of Power, Researcher Warns
Authored by Jacob Burg and Jan Jekielek via The Epoch Times
Imagine a world where intelligent machines easily outmatch humans across a broad spectrum of tasks, deconstructing complex concepts and mathematical equations in seconds, and bringing to life creative products and ideas that once seemed inse...
Brazil's Rightward Shift: UBS-Hosted Consultancy Puts Bolsonaro's Runoff Election Odds At 85% -
Brazil's Rightward Shift: UBS-Hosted Consultancy Puts Bolsonaro's Runoff Election Odds At 85%
Brazil's benchmark Ibovespa index surged above 200,000 for the first time Monday, posting its biggest one-day gain in more than six years, while the real rallied sharply after right-wing Senator Flávio Bolsonaro finished ahead of socialist President Luiz Inácio Lula da Silva in the first ...
Explosion Rocks Venezuela's Second-Largest Refinery -
Explosion Rocks Venezuela's Second-Largest Refinery
More bad news for the global refining market broke late Tuesday when Venezuela's second-largest refinery halted operations after a fire erupted at the facility.
The 310,000-barrel-a-day Cardon refinery shut down earlier today, according to a Reuters report citing people familiar with the matter, who said a gas line connected to i...
Anthropic President Daniela Amodei Created A Stuffed-Animal Advisory Council While At OpenAI -
Anthropic President Daniela Amodei Created A Stuffed-Animal Advisory Council While At OpenAI
Before Anthropic existed, Daniela Amodei reportedly developed an unconventional method for sorting through difficult decisions at work: she and her husband created an imaginary group of advisers using plush toys, according to the NY Post.
The couple gave each toy a distinct temperament and...
Nurse: Stillbirths Exploded After COVID Shots Hit Maternity Wards -
Nurse: Stillbirths Exploded After COVID Shots Hit Maternity Wards
Authored by Steve Watson via Modernity.news,
A California labor-and-delivery nurse says her Fresno hospital went from a handful of stillbirths a year to more than 20 in a single month once COVID shots were pushed on pregnant women, then answered the pile-up with an email on how to handle the dead.
The same produc...
Former Sunrise Movement NGO Board Member Abdul El-Sayed Linked To Far-Left Group Whose Leader Now Urges... -
Former Sunrise Movement NGO Board Member Abdul El-Sayed Linked To Far-Left Group Whose Leader Now Urges...
Leaders of Sunrise Movement, a far-left climate nonprofit legally classified as a 501(c)(4) organization, said in a recent online meeting that they want to "engage in civil disobedience and get arrested."
The video of the nonprofit's far-left radical leaders was published on ...
Trump Outrages Dems & Republicans Alike With Garbled 'Take Out Los Angeles' Line -
Trump Outrages Dems & Republicans Alike With Garbled 'Take Out Los Angeles' Line
President Trump addressed a full house for his Monday night midterm campaign rally in Grand Island, Nebraska - but his comments on the Iran war, gas prices, and musings about a nuclear weapon taking out American cities created an avalanche of controversy.
Making the case for his launching Operation Ep...
New Report Confirms Biden's DOJ Did Target Parents Who Spoke Out At School Board Meetings -
New Report Confirms Biden's DOJ Did Target Parents Who Spoke Out At School Board Meetings
The Justice Department's Weaponization Working Group released a report Monday concluding that former Attorney General Merrick Garland's Oct. 4, 2021 school board memo grew out of pressure from the Biden White House and turned the department's law enforcement powers on parents.
The report de...
The AI Race With China Has Seven Fronts -
The AI Race With China Has Seven Fronts
Authored by Noosheen Hashemi via RealClearMarkets,
At the White House on Tuesday, President Trump, Speaker Mike Johnson and leaders of America's major AI companies emerged with a voluntary accord calling for robust internal controls, independent auditing and safeguards against AI systems accessing technical systems in unintended ways. The ag...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year -
That marked a 13.7% jump from July and was ahead of the Dow Jones consensus estimate for $102 billion.
World Bank warns of AI concentration risks as it lifts East Asia and Pacific growth outlook to 4.5% -
The World Bank now expects the region to grow 4.5% this year, but flagged that trade growth outside AI-related goods has been "weak or negative."
The 2029 tipping point: Western populations are about to start shrinking, piling pressure on public finances -
Moody's predicts that the world's aging populations will have fundamental impacts on the global economy and lead to difficult policy decisions.
Men are losing ground in the labor market. Here's why -
Women outnumbered men in the workforce for eight straight months as of September, according to one analysis.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2% -
Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.
GATA
Hong Kong's bridge of gold completes China's yuan ambition -
Beijing's push to accumulate gold serves a larger goal: yuan internationalisation. In this series, Part I traces China's path to becoming a gold superpower, while this article explores Hong Kong's key role in safeguarding the nation's financial security.
By Chow Chung-yanSouth China Morning Post, Hong KongTuesday, October 6, 2026
https://www.scmp.com/opinion/hong-kong-opinion/article/3369468/ho...
James Turk: Money and federal autocracy -- 1913 and the quiet inversion of the American constitutional order -
By James TurkJohn Wiley & Sons, Hoboken, New JerseyMonday, October 5, 2026
The American Revolution affirmed that sovereignty inheres by nature in each citizen, and collectively in the people. The Constitution completed a structure in which authority flowed from citizens to their several State republics, and from the states to a Union holding only delegated powers.
The year 1913 inverted that o...
Africa's gold powerhouse bypasses US dollar to clear trade with China -
By Solomon EkanemBusiness Insider Africa, New YorkMonday, October 5, 2026
Ghana has begun allowing importers to use the Ghanaian cedi to pay for eligible imports from China, in a move aimed at reducing businesses' reliance on the US dollar for bilateral trade.
Bank of Ghana Governor Dr. Johnson Pandit Asiama disclosed the development at the 132nd Monetary Policy Committee press briefing, saying...
Intercontinental Exchange launches trading in gold futures in London -
By Philip StaffordFinancial Times, LondonTuesday, October 6, 2026
US derivatives group Intercontinental Exchange has begun offering trading in gold futures in London, in the latest attempt to introduce precious metals derivatives in the world's centre of physical bullion trading.
The New York Stock Exchange owner this week debuted precious metals contracts tied to daily auction prices set in Lo...
Russian gold floods Hong Kong as Western sanctions redraw bullion trade -
By Lee Ying ShanCNBC, New YorkMonday, October 5, 2026
Russian gold is pouring into Hong Kong at a record pace, highlighting how Western sanctions have rerouted bullion bound for London toward China and other Asian markets.
Hong Kong imported 112.7 tonnes of Russian-origin gold in the first seven months of 2026, according to precious metals investment firm BullionVault's analysis of data from t...
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
Peter Thiel-backed Founders Fund leads a $5 million token buy in crypto collateral protocol Anvil -
Pantera Capital and Bullish also participated in the ANVL purchase as Anvil rolls out software designed to make its collateral protocol easier for businesses to integrate.
Crypto is expanding the boundaries of what can be priced -
The future of crypto may therefore depend less on creating the next novel asset and more on building the infrastructure required to price a growing universe of existing ones, argues Altius co-founder and CEO Annabelle Huang.
OKX draws investment from StanChart, Circle, Ripple as it pushes beyond crypto exchange roots -
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an investment and joint venture with NYSE parent ICE.
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth -
The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve economics.
Self-styled 'Godfather' gets 6 years in prison for $37 million Meta fraud scheme -
Adam Iza’s sentence runs concurrently with a 15-year term imposed last month for his role in an attempted bitcoin robbery.
The VIX of bonds is rising but bitcoin and stocks aren't hearing it yet -
Your day-ahead look for Oct. 6, 2026
Live updates: Bitcoin remains locked in range as stocks notch another new record high -
FxPro says a slide below $84,000 would hand control to sellers and put $80,000 in play. Minutes from the Fed's last meeting come out Wednesday.
Smaller altcoins shine as bitcoin stills trades around $85,000 -
Leading the gains is BTW, the native token of Bitway, a bitcoin-compatible layer-1, which jumped 25% in the past 24 hours and is up 170% over the past 30 days.
U.S.- China AI race heats up as Chinese rivals secure billions ahead of IPOs -
DeepSeek and Moonshot attract fresh capital ahead of planned listings, while OpenAI courts major investors.
OKX looks to abstract blockchain mechanics to bring stablecoin balances to everyday consumers -
OKX appears to be designing products to keep the blockchain element abstracted or out of sight for users who simply want to hold digital dollars and use a card.
bitcoin.com
Startale Bond Puts a Yen Stablecoin to Work in Corporate Finance -
Startale Japan has launched a digital corporate bond that will pay both interest and principal in JPYSC, a yen-denominated stablecoin issued by SBI Shinsei Trust Bank. The company describes it as the first digital corporate bond in Japan to use a yen-denominated trust-type stablecoin for both types of payments, based on the firm’s research as […]
Evernorth Sets New XRP Treasury Timeline After Administrative Delay -
Stock market access to Evernorth’s XRP treasury is expected later than previously planned after an administrative delay. The company has revised its merger and Nasdaq trading timetable while maintaining that the setback should not affect completion. Administrative Delay Moves Evernorth’s Nasdaq Target Investors awaiting Evernorth’s planned public debut face a revised schedule, Evernorth shared ...
US Government Moves $71M Bitcoin Stash After 6-Week Silence -
On Tuesday, the U.S. government moved bitcoin for the first time since Aug. 26, with government-linked wallets shifting 833.6 BTC valued at just over $71 million. The coins trace back to two separate cases involving the Potapenko-Turogin fraud case and the 2016 Bitfinex hack. Government Wallets Stir With Bitcoin, BNB Transfers Roughly around 11 a.m. […]
Ethereum Economic Zone Runs Atomic L1-L2 Transfer on Mainnet -
This week, the Ethereum Economic Zone (EEZ) initiative’s core contributor, Eduardo Antuña Díez, revealed a technological advancement by showcasing an atomic Layer 1 (L1) to Layer 2 (L2) transaction on Ethereum’s mainnet. The developer further noted that atomic synchronous composability was “no longer a promise.” EEZ Showcases an Atomic L1-to-L2 Transfer on Ethereum Mainnet On […]
Kalshi Ends Federal Court Losing Streak With Partial Win Over Illinois -
A federal judge in Chicago blocked Illinois from enforcing its sports wagering license rules and a related criminal provision against Kalshi and Coinbase, but held off on the state’s new prediction market fees. It’s Kalshi’s first win in federal court since July. Judge Says a Swap Is a Swap Kalshi has won a partial preliminary […]
Reason
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
Site-Blocking Will Not Defend IP, No Matter the Bill’s Name -
There has been a raft of site-blocking bills in the latest Congress, and the latest is called the “Deterring Extraterritorial Foreign Exploitation of Networks Damaging Intellectual Property” aka the “DEFEND IP Act.” The problem is that instead of “defending IP,” this bill will incentivize censorship, overblocking, and bad faith attempts to block access to a website. DEFEND IP Act, and all of th...
Congress Has Another Site-Blocking Bill, And This One Targets VPNs -
Congress is taking another run at site-blocking, a deeply flawed concept that would undermine basic internet infrastructure. Rep. Darrell Issa (R-CA) has introduced the American Copyright Protection Act (ACPA), H.R. 10364, a bill that would give copyright owners a new legal tool to block Americans’ access to foreign websites accused of copyright infringement.
The basic idea is all too familiar...
Victory! Court Rejects Government Effort to Dismiss Social Media Surveillance Lawsuit -
Judge Allows Social Media Surveillance Lawsuit Against Trump Administration to Move ForwardNEW YORK — A lawsuit filed by three labor unions against the Departments of State and Homeland Security for their viewpoint-based surveillance and suppression of protected expression online can move forward, a federal judge ruled yesterday.
On October 1, 2026, Judge Alvin K. Hellerstein of the U.S. Distri...
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
This Week in Gun Rights -
THIS WEEK IN THE FIGHT Here’s what you may have missed this week in the fight for the Second Amendment… This week, ATF confirmed that guidance is incoming on GOA’s historic victory against the registration requirements of the National Firearms Act… Also, ATF confirmed to Congress that they have more than 1.4 billion records in their illegal registry of guns … Read more
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...
President Trump Just Killed DOJ’s Appeal -
PRESIDENT TRUMP TOLD DOJ: DON’T APPEAL GOA’S WIN! Thank you to President Trump for supporting the Second Amendment! President Trump personally ordered the Justice Department not to appeal our NFA victory. The deadline to file would have been October 5th. But, ATF still hasn’t issued guidance for FFLs and gun owners on how to proceed after the win. GOA has … Read more
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