Issue 16 · week ending October 21, 2026
October 21, 2026
Treasury's printers put the new Trump-signed $100 notes on uncut sheets, a Canadian bank trimmed its gold calls, and the World Gold Council made the case for tokenized gold. Plus a look back at Hawaii's money.
The Bureau of Engraving and Printing is offering Series 2025 uncut $100 sheets carrying the printed signatures of President Trump and Treasury Secretary Scott Bessent: 4-note $500, 8-note $1,000, 16-note $2,000 (25% over face). The 16-note sheet is the BEP's largest uncut sheet. As of Oct. 20 the 4-note sheet was listed unavailable.
CoinNews.net printed 4-note $500, 8-note $1,000, 16-note $2,000, each 25% over face (2026-10-20).
CIBC Capital Markets cut its Q4 gold forecast to $4,500/oz from $6,500 and now sees a $5,200 average in 2027 and $5,500 in 2028, citing central bank demand as longer-term support.
Kitco News (Neils Christensen) printed Q4 gold forecast cut to $4,500/oz from $6,500; $5,200 average in 2027 and $5,500 in 2028 (2026-10-20).
A World Gold Council white paper with Boston Consulting Group says tokenized gold could unlock up to $700 billion in latent demand. The tokenized gold market cap passed $4 billion in 2025, per the WGC.
Kitco News printed up to $700 billion in latent demand; tokenized gold market cap passed $4 billion in 2025 (2026-10-20).
WGC India research head Kavita Chacko says Indian ETF inflows rose in September while imports fell, and the domestic gold discount narrowed from an average of $66/oz in September to $8 as of Oct. 16 as festive and wedding demand builds.
Kitco News (Ernest Hoffman) printed domestic gold discount narrowed from an average of $66/oz in September to $8 as of Oct. 16 (2026-10-20).
Part 1 of a series on the history of Hawaiian currency.
Numismatic News (Rick Melamed) printed no sale figure.
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