Kitco NEWS

Gov't Shutdown, Gold Record High: Natalie Brunell on Bitcoin's Institutional Green Light

Kitco Media

The U.S. government is officially shut down, sending gold to a new all-time high near $3,900 an ounce. At the same time, Bitcoin is surging past $117,000 as major news breaks that could reshape the future of digital assets. In Singapore, a firm co-founded by Donald Trump Jr. announced plans for a crypto debit card, while in Washington, the IRS issued guidance that gives a green light for mass corporate Bitcoin adoption.  

Is this the moment the "hard asset" thesis goes mainstream? Are we witnessing the decay of one system and the rapid construction of a parallel economy, all in the same 24-hour news cycle?

In this essential market update, Kitco News anchor Jeremy Szafron is joined by Emmy-award winning journalist and host of the Coin Stories podcast, Natalie Brunell, to connect the dots on a truly historic day. Natalie breaks down why Washington's "spending problem" is a primary driver for both gold and Bitcoin, what the IRS tax ruling really means for corporate treasuries, and whether nation-states are already secretly adding Bitcoin to their reserves.

Recorded October 1 2025