Can Audition CC loopback recording like audacity or Goldwave ?
I'm running under windows mostly , seldom under mac
searched around net and youtube , haven't found a good solution
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I'm assuming that you mean monitoring of the input signal via whatever path you've set up in Audition. That's what the I button is for in Multitrack view - but it introduces latency, and you have to set it up carefully. You can't do it at all in Waveform view, as it records completely differently from Multitrack. Multitrack is direct to disk, but Waveform is via a temp file.
If I stat foobar2000 or Chrome and watch a video on youtube , Goldwave (it does show the spectrum even before start to record ,it's enough have in the setting Loopback... ) or Audacity can record the audio from foobar2000 or youtube
That's what the I button is for in Multitrack view
The I in the multi-track is always gray , can't select it
and in the preferences ,audio channel mapping imput can't select the same card of the output
Audition does not have the ability to record audio streams from internal sources without the addition of something like Virtual Audio Cable. That's not easy to set up, but it can be made to work.
The answer to your second question is that it is almost certainly a function of using an internal sound device with limited options and drivers.