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
Follow Jeremy Szafron on Twitter: @JeremySzafron (
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Follow Natalie Brunell on X: @NatBrunell (
CHAPTERS:
00:00 U.S. Government SHUTS DOWN: The Breaking News
00:30 Gold Hits ALL-TIME HIGH, Bitcoin Surges Past $117k
00:46 Trump Jr. Enters Crypto, IRS Gives Institutional Green Light
01:15 Natalie Brunell: Connecting the Dots on a Historic Day
02:02 Why This is a “Great Year for Bitcoin”
02:45 “Washington Has a Spending Problem”: The Debt Doom Loop
06:01 Bitcoin Fundamentals vs. ‘Uptober’ Seasonal Hype
07:34 Trump Jr.’s Crypto Play: Tokenizing Oil & Gas at Token2049
08:12 De-Banked by the System: The Political Case for Bitcoin
09:26 The #1 Reason to Own Bitcoin: Protecting Your Purchasing Power
12:14 The IRS Just Opened the Floodgates for Corporate Bitcoin Adoption
15:40 Are Nation States Secretly Buying Bitcoin?
18:17 Gold & Bitcoin: Why Top Investors are Holding Both
20:35 Natalie Brunell on Her New Book ‘Bitcoin is for Everyone’
26:33 Final Thoughts & What to Watch For Next
#Bitcoin #Gold #GovtShutdown #NatalieBrunell #KitcoNews #Crypto #Investing #MarketUpdate #Economy #Finance
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50 Comments
A government shutdown, a new all-time high for gold, and a massive green light for corporate Bitcoin—all in the same 24-hour news cycle.
Natalie Brunell makes a powerful case that we're witnessing the rapid construction of a parallel financial system.
What was your single biggest takeaway from this conversation? Drop it in the comments below.
This video aged TERRIBLY and its only 11 days old
I downloaded an .mp4 movie, so now I call it a "physicall copy" 🤣
BTC false hopes
Ask better questions
Blipcoin, if anything, will be part of the cbdc tyranny. It's the "gateway drug" to help normalize a cashless society. Blipcoin is fiat, made up out of thin air based on faith with no intrinsic value. It's just not backed by a government or central bank which is oddly worse. It's terribly unfair to the masses because it benefits the early gamblers and manipulators pushing it. It's not sound money or even money. It's a risk on/off assest but I use the term assest cautiously.
LOL. I bought bitcoin years ago when I was unemployed and injured. I just recently cashed some in and bought a new 4 wheel drive. It was $3 many years ago.
I should have stopped listening at " hard asset ". I then should have stopped listening when she said Bitcoin's " purchasing power " couldn't be degraded. I did stop listening when she said Bitcoin was beyond government control.
Wooooo hoooooo KITCO!!!!!! LMBA can kick rocks COMEX LIES!!!!!!!!
Bitcoin a hard asset? If you repetitiously call a knife a fork for long enough, people will begin to believe it.
Can’t the
Government take our bitcoin as well?
The most désappointing kitco new episodes 👎
least credible post on here seen so far.
I stopped watching this video as soon as she said bitcoin is a " hard asset " 😂😂😂
11:32 "It's the Money that's broken". No, it's the system that's broken. Corruption from the top. Greed, "politricks", iNfLaTiOn 😒(I hate that word).
she love bitcoin 😂😂😂
İt is 4000!!! Please bring wagner back 👍👍
Nothing new here. Just generic rhetoric. Would like some new analysis, Kitco.
Kitco getting paid some crypto money here.
Prove me wrong. Jeffrey Epstein created Bitcoin.
This is halarious. A you tuber interviewing another you tuber who doesn't understand much 😅😅😅
So this is a joke / parody right
Hahaha yes like many others have said here how is bitcoin a hard asset ??
Wow you are very silly Natalie maybe you should rethink your terminology sooooooo weird
gold can not be manipulated ? wake up
gold exchange is opening offshore vaults in Hong Kong, Singapore, Zurich and Dubai. Have you Information about?
Bitcoin is hard asset? Last time I checked it was a string of numbers, a unique string of numbers
Bitcoin, whatever it is, is NOT a hard commodity.
And how can you put faith in cryptos to prevent Guv confiscation and lead us into some glorious financial utopia? You’re entirely insane if you believe that. And you cite to “Satoshi’s” “white paper”? You mean DARPA’s propaganda tool? Give me a break.
Nonsense to claim that BTC is some kind of savior vis-a-vis fiat to preclude Guv control. BTC is undoubtedly the “gateway drug” for CBDCs or other total financial control mechanism. How do you not see this?
Hot tip, an 'asset' that's appreciating at 100% a year isn't an inflation hedge against a currency that's inflating at 10% a year. It's only a hedge if it's value stays constant. BTC is a graph of government distrust, it has no value or use other than measuring paranoia.
LOL bitcoin a hard asset. one good EMP and it will be gone
Bitcoin is hard asset to her, can she touch it ? That’s your hint to exit the show 😂
Me thinketh why so many snake oil salesman., and women in the…………Bitcon space!@!?🤪😜😛🤑🤑🤑
This was just a promotion for Bitcoin. Does she work for Trump?
Only gold ..bitcoin is bullshit
the guest calls a crypto coin a "HARD ASSET" in her open statements, ?????? It is all GARBAGE, one can not CREATE A HARD ASSET IN AN ELECTRONIC DOT. Corn, Grain, Timber, are hard assets, and NOT CRYPTO COIN, calling it a "HARD ASSET" is totally sick, totally……The U S is headed down another fake fiat, much more fiat than the Petrolieum Dollar. Next is we will be told Green is Black, and blue is brown, and youg ladies like this host will confirm it….. FAKE AOTH THE BUTT.
The U.S. promotes Bitcoin to boost bond demand, though it’s purely speculative — comparing it with gold is laughable.
1 BTC is unaffordable to 99% of Americans but they focus on it so much
For some context: This was posted in October of 2025 when gold was the top performing asset. Housing was unaffordable, inflation was rampant, and political assassinations were celebrated.
PRECEDENT (press-e-dent)
UNPRECEDENTED (un-press-e-dented)
PRESIDENT (prez-i-dent)
UNPRESIDENTED (not a word)
Here's why gold is a sucker's trap. You're confusing a physical thing for value without considering whether or not you can defend your rights to own that thing. If you own gold as a substantive store of value, it will be stolen or proxied away from your control. You have no property rights with gold. Don't kid yourself about this; only banks with the support of governments with standing armies are capable of protecting their gold property rights. Any retailer chasing a substantial amount of gold (nobody cares about that kruggerand in your pocket feeding your smugness) is chasing fool's gold. The hard asset of BTC is pure, distilled property rights. That's its value. Governments can control rails, and that's an issue granted, but once you own BTC, you own it. If you think you can own any substantial amount of gold without it being taken, you're kidding yourself. It's a lie. Kudos for Natalie not taking ad money for any gold etf crap as kitco has done.
Sowell: there are no perfect solutions, only tradeoffs. The absolute bias here against BTC and Natalie and for gold is unfortunately a sucker's trap suggesting that technology doesn't provide a hard asset. Would you not call transparent trust reciprocation a "hard asset," because if we didn't have that (for instance in the form of ssl), there would be no internet commerce, no automatic counterparty settlement. $26 trillion transacted in 2023 because of this particular tech. I'd say that's about as hard of an asset as you can get. Just because you can't pick it up and put it in your pocket doesn't mean it's not a hard asset.
KITCO ENDORSING BTC😂😂
sorry, I just can't listen to her any more……… I'm out
wow this chick has drank way too much of the bitcoin kool-aid… Hopefuly someday she'll sober up and turn to Gold & Silver and the Kitco guy should have challenged her more
Best performing assets so far this year is not BTC but silver and gold.
Gold 10000 by 2030
MSTR and Michael Saylor will end up both personally and corporate Bankrupt. This guy was cooking his books back in 2000-2001 and lost $6B. His losses to come will dwarf that of his previous losses.
BTC has been Captured by the Government; Wall St; Money Center Banks; Large Corporations. It is No longer its Original intent or, is it? In any event as an owner you have zero anonymity and you can be Traced Tracked Taxed and Turned Off like a Light Switch. Poof.
This B.S propaganda here – Bit Coin is not a hard asset . This is a lie .
bitcoin owned in the main by a few no problem there 😅😅 ohh don't turn the power off