Kitco News
Gold breaks $4,000, silver sinks 6.5% as stronger dollar deepens post-Fed selloff - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply lower after the close on Wednesday, as a firmer U.S. dollar, post-Fed rate repricing, and easing oil-supply fears outweighed residual haven demand tied to the U.S.-Iran situation.
Gold’s 28% correction is painful, but history suggests the bull market isn't over -
(Kitco News) - The gold market is struggling to hold support at $4,000 an ounce, and although this has been a critical level of focus in recent weeks, analysts say that the current bear-market correction should not signal the end of the long-term bull market.
ING Cuts Gold and Silver Forecasts as Rising Yields and Stronger Dollar Weigh on Prices -
(Kitco News) - Surging momentum in the U.S. dollar and elevated bond yields are taking their toll on the precious metals market, with gold prices dropping below $4,000 an ounce and hitting a new low for the year.
Gold breaks $4,000 as dollar rally pressures metals -
(Kitco NewWire) - Spot gold and silver prices are under heavy pressure in early U.S. trading Wednesday, as a stronger U.S. dollar, renewed Fed-rate repricing and easing oil-supply fears continue to weigh against haven demand.
Gold’s pullback creates attractive entry as de-dollarization turns structural - KMLM’s Prior -
(Kitco News) - Gold’s recent correction has created an attractive entry point for investors, even as short-term headwinds continue to pressure prices, according to one portfolio manager.
Gold tests $4,100, silver breaks under $62 as dollar pressure dominates - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Tuesday, as the U.S. dollar held near its strongest levels of the year, post-Fed rate-hike risk stayed in place and the Strait of Hormuz risk premium continued to unwind. At the time of writing, spot gold was trading near $4,123.00 an ounce, down 1.64%, while spot silver was trading at $61.545, down 5.45% on the se...
China gold imports hit 26-month high in May, up 76% YTD -
(Kitco News) – China’s gold imports reached their highest monthly level in over two years in May, with the world’s number-one gold market showing a strong appetite for bullion as prices remained 25% below their early 2026 highs.China imported approximately 163 tonnes of gold last month, the largest monthly total since March of 2024, according to the latest customs data released over the weekend...
BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals -
(Kitco News) - Gold prices continue to trade near their lows for the year as the Federal Reserve’s new hawkish bias takes its toll on the market, with another bank lowering its year-end price forecast.
Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops -
(Kitco News) – Demand for gold continues to evaporate as investors grow more concerned about the Fed’s monetary policy outlook, necessitating a reduction of around 20% to gold price targets for the second half of 2026, according to Michael Hsueh, research analyst at Deutsche Bank.“Fed repricing, together with resilient US macro data, has played the primary role in pushing gold lower,” Hsueh wro...
Spot gold rises from session lows as flash S&P composite PMI improves to 52.2 -
(Kitco News) - The gold market is rising off of its earlier session lows after the latest U.S. data showed the services and manufacturing sectors improving beyond expectations this month.S&P Global reported on Tuesday that its flash Composite Purchasing Managers Index (PMI) rose to 52.2 in June, up from May’s reading of 51.5. The number was above expectations, as economists had forecasted a rea...
Zero Hedge
Tennessee Considers Up To 26 GW Of Gas-Fired Generation -
Tennessee Considers Up To 26 GW Of Gas-Fired Generation
By Diana DiGangi of UtilityDive
The Tennessee Valley Authority released its preliminary 2026 integrated resource plan on Monday, saying load growth in its footprint is already outpacing the reference case forecast in its draft IRP, and that it has incremental capacity needs for between 7 GW and 26 GW of natural gas between no...
Medvedev Calls For International Law Mechanism Banning Western Military Bases Abroad -
Medvedev Calls For International Law Mechanism Banning Western Military Bases Abroad
In a hard-hitting Wednesday address at the St. Petersburg International Legal Forum (SPILF), Dmitry Medvedev, Deputy Chairman of the Russian Security Council, didn't mince words regarding the sprawling global footprint of Western military power.
The former Russian president called for the immediat...
Judge Strikes Down Trump-Era Courthouse Arrest Policy -
Judge Strikes Down Trump-Era Courthouse Arrest Policy
Via American Greatness,
A federal judge has vacated Trump administration policies that allowed immigration agents to arrest noncitizens at immigration courthouses nationwide.
U.S. District Judge P. Casey Pitts ruled Tuesday that Immigration and Customs Enforcement (ICE) agents may no longer conduct arrests at immigration cou...
Anthropic Accuses Alibaba Of Running Major "Adversarial Distillation" Campaign To Extract Claude Capabilities -
Anthropic Accuses Alibaba Of Running Major "Adversarial Distillation" Campaign To Extract Claude Capabilities
Anthropic has accused Alibaba Group of orchestrating one of the largest known efforts by a Chinese company to extract capabilities from a leading U.S. artificial intelligence model, according to a letter the AI company sent to several U.S. senators and White House officials...
China's Refiners Slash Runs To Lowest Since 2017, As Asia Refiners Slow Purchases Of Mid-East Oil -
China's Refiners Slash Runs To Lowest Since 2017, As Asia Refiners Slow Purchases Of Mid-East Oil
A little over a month ago, we explained that energy traders are "Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports", and highlighted how already razor-thin independent refiner (teapot) margins had plunged to record negative as a result of ...
"Heavy Casualties" After Massive Twin Quakes Rock Venezuela, Topple Buildings; "International Response May Be Needed" -
"Heavy Casualties" After Massive Twin Quakes Rock Venezuela, Topple Buildings; "International Response May Be Needed"
Twin earthquakes rocked Venezuela on Wednesday evening, collapsing entire apartment buildings across Caracas and leaving behind scenes of widespread devastation.
The USGS said the first quake registered a magnitude of 7.1, with an epicenter near Morón, about 104 mi...
Maryland Protests Data Center Costs -
Maryland Protests Data Center Costs
By Ethan Howland of UtilityDive
A group of 80 Maryland state lawmakers are backing a complaint at the Federal Energy Regulatory Commission over the PJM Interconnection’s cost allocation for transmission lines that support data centers.
Driven by the way PJM spreads transmission costs, Maryland ratepayers will pay $1.6 billion over the next de...
Bessent Insists US Treasury Will Oversee Unfrozen Iranian Funds: Food & Medicine Only -
Bessent Insists US Treasury Will Oversee Unfrozen Iranian Funds: Food & Medicine Only
There remains a major divergence in how Iran and the United States are interpreting the results of the MoU signing in the wake of the historic Switzerland peace talks, as lower-level teams remain in place to hammer out the technical details of the agreement.
The divergence/contradiction continues...
Antifa Leader Sentenced To 100 Years In Prison For Attack On ICE Facility -
Antifa Leader Sentenced To 100 Years In Prison For Attack On ICE Facility
The Antifa attack on the Texas ICE facility in Alvarado was a highly coordinated plan, using fireworks and a fake vandalism call to lure out ICE agents and police so that they could be shot in a hail of gunfire. Responding Alvarado Police Department Lieutenant Thomas Gross was shot in the shoulder and the ri...
Micron Soars After Reporting Blowout Earnings, Boosts Guidance -
Micron Soars After Reporting Blowout Earnings, Boosts Guidance
Step aside Nvidia: as we noted in our preview, with the world's most valuable company going nowhere in recent months, all attention has shifted to Micron, which has rapidly become one of the most important stocks in the world and certainly the most actively traded, surpassing both Nvidia and Tesla in recent days.
As ...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Gold market manipulation hasn't gone away and GATA needs your help -
10:55a ET Wednesday, June 24, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major long...
Pinnacle Digest interview gets to the important issues about Fort Knox gold -
10:53a ET Wednesday, June 24, 2025
Dear Friend of GATA and Gold:
The important issues about the U.S. gold reserve at Fort Knox are spelled out by Money Metals Exchange CEO Stefan Gleason in an interview this week with Pinnacle Digest's Aaron Hoddinott -- like the impurity of much of the gold and its likely encumbrances through surreptitious swaps and leases.
Gleason adds that the new Federal Re...
Stefan Gleason: RIP, Alan Greenspan, the schizophrenic gold bug -
By Stefan GleasonMoney Metals Exchange, Eagle, IdahoMonday, June 22, 2026
Chairman Alan Greenspan has now passed from the scene at the age of 100.
Greenspan parlayed his sound-money bonafides into the top post at America's central bank and the stewardship of the world's dominant fiat currency. In betrayal of his own stated free-market principles, Greenspan spent nearly two decades at the Fed pu...
Help us in the struggle for free and transparent markets in the monetary metals -
12:19p ET Monday, June 22, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major longs i...
Maguire and Hemke say gold 'correction' is over and expect revaluation -
11:56a ET Monday, June 22, 2025
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire and the TF Metals Report's Craig Hemke, in conversation on this week's edition of Kinesis Money's "Live from the Vault" program, agree that gold's "correction" is over and speculate how a U.S. Treasury revaluation of the monetary metal to a much higher price may come about soon.
The program is 57 m...
Wolf Street
Legal Tender News
Bitcoin As Legal Tender: Joana Cotar Of German Bundestag Proposes Groundbreaking Legislation In Germany -
Joana Cotar, a member of the German Bundestag, federal parliament, has recently declared her support for recognizing Bitcoin BTC as legal tender in Germany. This revelation came to light during an ...
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, ...
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 ...
Making gold and silver legal tender up to the governor -
A bill to make gold and silver coins legal tender in Florida reached Gov. Ron DeSantis’ desk last week. If signed, Florida would join a growing list including 10 other states that have passed similar ...
Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver -
Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals LITTLE ROCK, AR / ACCESSWIRE / April 20, 2023 / Sound ...
CoinDesk
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish -
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket -
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.
Binance withdraws Greek MiCA bid but vows to remain in Europe -
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital -
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets -
In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.
SecondFi loses $2.4 million in Cardano wallet exploit -
SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.
Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act -
As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.
Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition -
Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone -
A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.
The banking lobby is wrong about stablecoins and community banks -
Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.
bitcoin.com
MiCA Deadline Hits July 1 as Unlicensed Crypto Platforms Face EU Shutdown Risk -
Crypto firms serving clients across the European Economic Area face shutdown risk if they fail to secure authorization under the Markets in Crypto-Assets Regulation (MiCA) before enforcement begins. Regulators have ruled out extensions, leaving more than 1,200 previously registered firms with limited time to comply as only a small number have obtained full approval. EU […]
Robert Kiyosaki Calls Gold Price Drop ‘Great News,’ Plans to Buy More -
Gold’s recent pullback has strengthened Robert Kiyosaki’s wait-for-confirmation approach, with the investor monitoring technical charts before making new purchases. Peter Schiff, meanwhile, argued that gold’s drop reflects market expectations about interest rates that may not be enough to contain inflation. Gold Pullback Reinforces Kiyosaki’s Buying Strategy Robert Kiyosaki framed gold’s latest...
You’re Not Bullish Enough: Ripple Executive Predicts Crypto Payments Boom -
Ripple executive Reece Merrick compared crypto payments to the early evolution of online shopping, arguing that crypto payments are moving through a similar infrastructure-building phase that preceded mainstream e-commerce adoption. Ripple Executive Compares Crypto Payments to Early E-Commerce Growth Ripple executive Reece Merrick drew a direct comparison between crypto payments today and the e...
Peter Schiff Questions Bitcoin ‘Cheap’ Narrative as Strategy Shares Tumble -
Peter Schiff pushed back against claims that bitcoin is undervalued following recent declines, arguing that the asset lacks conventional valuation benchmarks as Strategy-linked securities faced steep losses. Peter Schiff Challenges Bitcoin Valuation Claims After Price Weakness Economist and gold advocate Peter Schiff renewed his criticism of bitcoin on June 23, targeting the narrative that rece...
14 AI Models Including Claude, ChatGPT and Grok Predict Bitcoin’s Price Outlook -
The price of bitcoin is down 40% over the last year and has spent the past week trading between $62,171 and $65,994. In one of our periodic AI prediction experiments, we asked leading artificial intelligence (AI) chatbots to scan the market, weigh the pressure points and forecast where bitcoin could be headed next. Bitcoin prices […]
Reason
Cato Institute
Tenth Amendment Center
Five Weapons. One Target: Your Freedom. -
The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted.
The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.
They’re not Grievances. They’re STOLEN Power -
Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...
Let’s Not Forget What Madison Said About War -
What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst.
The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
🦅 Domestic Spying Takes an L | EFFector 38.12 -
Sold to the public as a foreign surveillance tool, Section 702 is the law has let intelligence agencies spy on millions of Americans’ private conversations without a warrant. Despite years of revelations about this law's misuse, Congress has repeatedly reauthorized Section 702 without meaningful reform. Until this month, that is, when it finally lapsed in a major victory for privacy. In our lat...
The UK’s New Under-16 Social Media Ban Will Cause More Harm Than It Prevents -
This week, politicians in the UK pushed forward with plans to eviscerate privacy and free speech on the internet by announcing a ban on social media for users under 16 that is set to take effect in Spring 2027.
The UK government continues to falsely characterize this policy as a necessary response to growing concerns about online harms for young people. In reality, much like the Online Safety ...
EFF Joins 60+ Groups Urging the UK to Halt Face Estimation at the Border -
This week, EFF joined Foxglove, Human Rights Watch, and 60 other organizations in writing to the UK’s Minister of State for Border Security and Asylum, Alex Norris, raising serious concern about the Home Office’s decision to deploy Facial Age Estimation (FAE) to assess asylum-seeking children from 2027.
The letter points to four key concerns:
Discrimination
As with most face estimation and re...
The Institute For Justice - Press Releases
Waxahachie Entrepreneur Sues City Over Unconstitutional Construction Dumpster Monopoly -
AUSTIN, Texas—Today, Waxahachie small business owner Josh Roman and his company American AF Dumpster Rentals have joined with the Institute for Justice (IJ) to file […]
The post Waxahachie Entrepreneur Sues City Over Unconstitutional Construction Dumpster Monopoly appeared first on Institute for Justice.
Pennsylvania Supreme Court Agrees to Hear Lawsuit Over Pottstown’s Rental Inspection Ordinance -
HARRISBURG, Pa.—On Tuesday, the Pennsylvania Supreme Court agreed to review a nearly decade-old lawsuit, brought by Pottstown residents and their attorneys from the Institute for Justice (IJ), challenging the borough’s use […]
The post Pennsylvania Supreme Court Agrees to Hear Lawsuit Over Pottstown’s Rental Inspection Ordinance appeared first on Institute for Justice.
After Wrongly Raiding Woman’s Home, Government’s Response Only Raises More Questions -
ATLANTA—Cathy George sued officers who wrongly raided her Sandy Springs, Georgia, home demanding answers for how this dangerous mistake happened. Months later, the few answers […]
The post After Wrongly Raiding Woman’s Home, Government’s Response Only Raises More Questions appeared first on Institute for Justice.
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
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban -
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...
One GOA Brief Changed Gun Rights Forever -
Here’s What Happened at GOA This Week! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s what we did… We at Gun Owners of America have been hard at work fighting for your rights this week. From Hosting National Women’s Range Day in New Hampshire, to highlighting our work defining the legal interpretation of the … Read more
IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION -
Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...
Banking Dive
Banks strike deals in Michigan, Wisconsin -
A deal in Michigan is set to create a $1.68 billion bank. Another, in Wisconsin, will create a $3.1 billion institution.
Dive Deposits: Fiserv’s CEO switch cements JPMorgan alum’s next chapter -
The payments processor turned to Takis Georgakopoulos when Mike Lyons left for Truist. If the new CEO’s name sounds familiar, that may be because of a dust-up with Greek fintech Viva Wallet.
Ex-NY governor to lead blockchain venture between OKX, NYSE owner -
A venture between crypto firm OKX and Intercontinental Exchange aims to focus on building infrastructure for tokenized financial products.
Fintech partner to rebrand to Quill Bank -
Utah-based Capital Community Bank is set to launch a revamped website June 30, with a mission to lend credibility and “banking backbone” to fintech partners.
KeyBank bets on relationships over tech budgets -
Still, midsize lenders must take “more progressive, larger steps” to meet evolving customer expectations, said Emily Gessner, who jumps from a consumer to a commercial role at the bank next month.
American Banker
Bank of International Settlements
José Luis Escrivá: Competitiveness for growth -
Opening address by Mr José Luis Escrivá, Governor of the Bank of Spain, at the "Competitiveness for growth" conference, organised by the Spanish Banking Association (AEB), the Spanish Confederation of Savings Banks (CECA) and the Spanish Association of Credit Cooperatives (UNACC), Madrid, 19 June 2026.
Colm Kincaid: Harnessing opportunity - the role of financial intermediaries in Europe -
Speech by Mr Colm Kincaid, Deputy Governor of the Central Bank of Ireland, at BIPAR (European Federation of Insurance Intermediaries), Brussels, 19 June 2026.
Madelena Mohamed: A LEAP for nature: advancing nature-related financial risk and opportunity assessment in Malaysia -
Keynote address by Ms Madelena Mohamed, Assistant Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the launch of the report "A LEAP for nature: advancing nature-related financial risk and opportunity assessment in Malaysia", Kuala Lumpur, 11 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases