Kitco News
Gold and silver hold post-NFP gains as hike bets move out - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher late Friday in North American trade, as Thursday’s weaker-than-expected U.S. employment report continued to pressure the dollar and support precious metals into a thin holiday-weekend tape.
Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council -
(Kitco News) – Sovereign demand for gold shot higher in May, with central bank purchases reaching the second-highest level of the year, surpassed only to February’s outsized performance, according to the latest data from Marissa Salim, Senior Research Lead, APAC at the World Gold Council.“Central banks were back in buying mode in May – and with a little more spring in their step,” Salim wr...
‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku -
(Kitco News) – Even as U.S. Treasury yields and a stronger dollar continue to limit gold’s upside, growing diversification demand, central bank buying and ETF inflows should support further price gains for the yellow metal by the end of 2026, according to HSBC.
State Street’s baseline scenario sees gold price as high as $5,500/oz by Q1 2027 -
(Kitco News) – While tactical headwinds such as high yields, a strong dollar and the threat of Fed rate hikes persist, the structural tailwinds of Asian and central bank demand and the need for diversification amid high stock/bond correlation should drive gold prices as high as $5,500 per ounce by March of next year, according to the new Monthly Gold Monitor from State Street Global Advisors.In...
Gold nears $4,200 as dollar slips after weak jobs data - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher on Friday morning with U.S. markets closed ahead of the Independence Day holiday, as Thursday’s weaker-than-expected U.S. employment report continued to weigh on the dollar and Treasury yields while supporting short-covering in precious metals.
Central banks are still betting on gold -
(Kitco News) - Gold's recent correction has understandably raised questions about whether the precious metal's historic bull market is beginning to lose momentum.
Gold bulls charge back on Wall Street and Main Street after weak jobs report dispels rate hike fears and drives gold above $4,100/oz -
The latest Kitco News Weekly Gold Survey showed bulls back in the driver’s seat on both Wall Street and Main Street after gold reclaimed $4,100 ahead of the Independence Day long weekend.
Gold and silver gain as NFP miss pushes hike bets out - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher after the North American cash-market close Thursday, as a weaker-than-expected June payrolls report pushed the U.S. dollar lower, eased near-term Federal Reserve tightening fears and helped metals extend their post-data rebound.
Will June’s employment data mark a turnaround for gold? -
(Kitco News) - Although inflation remains a persistent threat, the Federal Reserve was reminded Thursday of the other side of its dual mandate as the U.S. labor market lost momentum in June.
Gold is near fair value, setting the stage for the next leg higher - WisdomTree's Shah -
(Kitco News) - After a wild start to the year, gold's sharp correction has brought prices back toward fair value rather than signaling the end of the precious metal's secular bull market, according to one market strategist.
Zero Hedge
Six California Cities Ranked Among Top 10 Least Educated In US -
Six California Cities Ranked Among Top 10 Least Educated In US
Six California cities ranked among the top 10 least educated metropolitan areas in the United States, according to a report by WalletHub published on June 29.
Looking at the 150 most populated metro areas, the city of Visalia ranked as the second least educated, while Bakersfield was fourth, and Modesto, Fresno, Stockt...
Canada Seizes 7 Tons Of Drugs, Fentanyl Chemicals, And Signal Jammers In China-Linked Narco Bust -
Canada Seizes 7 Tons Of Drugs, Fentanyl Chemicals, And Signal Jammers In China-Linked Narco Bust
Authored by The Bureau's Sam Cooper (emphasis our own),
A Burnaby RCMP investigation that began with a routine traffic stop last summer has ended in one of the largest drug-chemical seizures in British Columbia’s history — 6,765 kilograms of finished narcotics and fentanyl-production ...
These Are The World's Top Destinations For Wealth Migration -
These Are The World's Top Destinations For Wealth Migration
Countries are increasingly competing to attract wealthy individuals alongside businesses and skilled workers. For many governments, internationally mobile wealth represents a source of investment, entrepreneurship, and long-term economic growth.
This graphic, via Visual Cspitalist's Dorothy Neufeld, ranks the world’s most...
Historians Set Record Straight On 5 Events That Shaped America -
Historians Set Record Straight On 5 Events That Shaped America
Authored by Janice Hisle via The Epoch Times,
As America celebrates its 250th birthday, it’s prime time for historians such as Jeff Bloodworth to set the record straight.
Bloodworth, a professor at Pennsylvania’s Gannon University, noted that it had become trendy among historians to “demythologize” the Founding Fath...
'Gave Iran Week Off Because We're Nice': Trump References Ayatollah Funeral In Rushmore Speech -
'Gave Iran Week Off Because We're Nice': Trump References Ayatollah Funeral In Rushmore Speech
On Friday President Trump delivered a speech at Mount Rushmore to kick off the nation's 250th anniversary celebrations, and in it he confirmed that everything regarding Iran - whether on the military or diplomatic fronts - have been paused to allow for the Islamic Republic to bury its lat...
CFPB Orders Remote Employees To Relocate To Washington Or Lose Jobs -
CFPB Orders Remote Employees To Relocate To Washington Or Lose Jobs
Via American Greatness,
The Consumer Financial Protection Bureau (CFPB) has directed hundreds of employees who live outside the Washington area to relocate to the agency’s new headquarters or face losing their jobs, a move that could significantly reduce the bureau’s workforce.
Acting Director Russell Vought no...
Could The Government Use Tax Dollars To Bail Out Bitcoin? -
Could The Government Use Tax Dollars To Bail Out Bitcoin?
Submitted by QTR's Fringe Finance
There was a time when Bitcoin’s biggest selling point was that it existed outside the financial system. No governments. No central banks. No bailouts. No “too big to fail.” It was supposed to be the antidote to everything that happened in 2008. In fact, I once argued that another 2008 is w...
Chart Of The Day: Democrats' Patriotism Falls Off A Cliff. Here's One Reason Why -
Chart Of The Day: Democrats' Patriotism Falls Off A Cliff. Here's One Reason Why
American pride remains high in absolute terms, but the trend is clear: the U.S. has shifted from being one of the world's most nationally proud countries to one that now resembles a typical Western nation.
There are multiple forces behind this decline, but the largest political signal comes from the t...
DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike -
DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike
There is no immediate price relief coming for cutting-edge memory chips, even as South Korea moves to double memory capacity. New fabs and expanded lines take time to build and then ramp production, meaning the supply response will lag demand. For now, DRAM inventories remain tight through year-end as data center buildou...
FBI Mole Wore Wire Inside Newsom's Inner Circle: Lawyer -
FBI Mole Wore Wire Inside Newsom's Inner Circle: Lawyer
A mole working for the Biden FBI was secretly recording Gavin Newsom's inner circle before the agency expanded its corruption probe into the California governor and his wife, according to a bombshell report by the NY Post.
Gov. Gavin Newsom, Alexis Podesta
Democrat insider Alexis Podesta, a 45-year-old Sacramento consultant ...
MarketWatch - Top Stories
Gamer trades in $1,000 of physical discs at GameStop, days after Sony announces end of disc era -
While some collectors may plan to hoard their physical media, one Columbus gamer decided to liquidate his collection
‘She wants him gone’: My friend took in a homeless man as a caretaker. After 10 years, how can she evict him? -
“He lived rent-free, helping her with health-related issues and other tasks.”
Here’s what’s worth streaming in July 2026 on Netflix, Hulu, HBO Max and more -
Why it’s a good month to save on streaming, despite the return of ‘Enola Holmes’ to Netflix and ‘Silo’ to Apple
Why a founder at age 50 is twice as likely to find success as one at age 30 -
Older workers are fighting ageism by starting their own businesses — and they’re outperforming younger entrepreneurs
Why June’s jobs and inflation data are bullish for bonds -
The new jobs report is worse than many people realize.
Insurers shifted roof-replacement costs onto homeowners thanks to a new federal rule — just in time for hail and hurricane season -
Those who find extensive damage to their roofs might be stuck between two options: File an insurance claim, which could trigger a premium increase, or cough up the cash for the necessary repairs or replacement.
Where can I invest my kid’s ‘Trump account’ money? The Treasury Department just answered that question. -
The money in “Trump accounts” has to be invested in low-cost index funds — and now parents and investors are learning which funds they can actually use.
Jelly Roll’s ex-wife Bunnie Xo says he gave her their $6 million Tennessee estate in divorce -
Country singer Jelly Roll’s ex-wife, Bunnie Xo, has revealed that she will take full ownership of the former couple’s Tennessee compound as part of their divorce settlement.
Want to live longer in retirement? This one money move could add years to your life. -
A secure retirement portfolio acts like a health shield, calming market anxiety that can actually shorten life expectancy.
I have no kids. Will I cause family drama by leaving different amounts to my nieces and nephews? -
“Part of me would prefer to leave more to those for whom the money could make a meaningful difference.”
CNBC Top News
CNBC Economy
Christine Lagarde leaves door open to early ECB exit, as she mulls French politics -
The European Central Bank's Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era -
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% -
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners -
A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
World Cup could boost the June jobs report by 40,000, Goldman estimates -
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
GATA
Robert Lambourne: BIS annual report does extra fudging about gold -
3:50p ET Saturday, July 4, 2026
Dear Friend of GATA and Gold:
The 2025-26 annual report of the Bank for International Settlements, the central bank of the central banks, was published a week ago --
https://www.bis.org/about/areport/areport2026.pdf
-- and GATA's consultant on the bank, Robert Lambourne, has reviewed it incisively. Predictably enough, he has underemphasized the detail that may be...
Potential $8 billion mine project in Mariposa brings California closer to new gold rush -
By Brisa ColonKFSN-TV30, Fresno, CaliforniaFriday, July 3, 2026
MARIPOSA, California -- More than a century after prospectors helped establish Mariposa during California's Gold Rush, mining companies are once again turning their attention to the area in search of valuable minerals.
Mariposa, located in California's historic Mother Lode gold belt, was founded during the Gold Rush era. Today new ...
India's government will try again to paperize household gold -
New Gold Monetisation Scheme in the Works: How Government Aims to Reduce Dependence on Imported Gold
From The Times of India, MumbaiFriday, July 3, 2026
https://timesofindia.indiatimes.com/business/india-business/new-gold-monetisation-scheme-in-the-works-how-government-aims-to-reduce-dependence-on-imported-gold/articleshow/132158279.cms
The government is evaluating a proposal to allow jewellers...
Hong Kong launches gold clearing and settlement system next week, sources tell SCMP -
Enoch Yiu and Julie ZhangSouth China Morning Post, Hong KongFriday, July 3, 2026
Hong Kong will launch a long-awaited gold clearing and settlement system next week, making a giant stride towards being an international price-setter for the precious metal, according to two sources with knowledge of the matter.
Authorities plan to process the first gold settlement through the new system on Tuesday...
Alasdair Macleod: The squeeze is on in the monetary metals -
By Alasdair MacleodGoldMoney, TorontoFriday, July 3, 2026
Trading conditions on Comex suggest that gold and silver bears are about to be squeezed -- potentially viciously. If so, then prices measured in fiat currencies have bottomed.
Let's start with gold. This week the price has rallied from a low of $3,950 on June 30 to $4,170 this morning. As is the case in silver, the July contract and opti...
Wolf Street
Legal Tender News
CoinDesk
Tokenization's next use case is personalized portfolios, NYLIM executive says -
Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that's not yet possible in traditional finance.
Bitcoin jumps above $63,000, reversing end-June losses -
The token hit its highest in over a month during thin July 4 trading, with XRP up 5% in 24 hours to lead gains among majors.
Bitcoin experts split over plan to freeze Satoshi's 1.1 million bitcoin as quantum threat grows -
Binance founder Changpeng Zhao said Satoshi Nakamoto's bitcoin should be frozen before quantum computers can steal it. Not everyone agrees.
How ethical hackers with just a $3,000 server found a flaw that could've put $70 billion in crypto at risk -
A critical flaw in the Aptos blockchain, which was patched, gave researchers a near-90% success rate at breaking a core security guarantee, with attack costs of just hundreds of dollars.
Why bitcoin's disconnect from record-high stocks won't last -
Researchers at Schwab and Hashdex said AI has diverted capital from digital assets while bitcoin continues to follow a familiar post-halving recovery pattern.
Trump's crypto token buyers are down $3.8 billion, blockchain data shows -
The TRUMP token is down 96% from its peak, and 85% of secondary market wallets for WLFI are underwater, reflecting a broader downturn in the sector.
Europe led on crypto regulation. Now implementation must match ambition -
EU moves to block retail investors from explosive boom of multibillion-dollar prediction markets -
The region's regulators emphasized that a product's actual function as a derivative matters more than its commercial name or labeling when assessing compliance.
UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout -
The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be daunting.
XRP climbs 8% as record holder losses signal better risk-reward for buyers -
The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read stretched losses as a contrarian signal.
bitcoin.com
Trump Discloses 327 Stock Purchases Made One Day Before His Tariff Pause Rally -
President Donald Trump’s investment accounts made 327 previously undisclosed stock purchases worth as much as $12.8 million on April 8, 2025, one day before his surprise tariff pause sent the S&P 500 up 9.5% in its eighth-best session in history, a new filing shows. A 927-Page Filing Lands More Than a Year Late The purchases […]
US Senator Seeks Memecoin Ban for Trump and Elected Officials After $636 Million Disclosure -
A renewed ethics fight over President Donald Trump’s cryptocurrency earnings has sharpened as U.S. Senator Kirsten Gillibrand pushes to ban elected officials from profiting from digital assets they create or promote while in office. Why Trump’s Crypto Earnings Intensified the Ethics Debate U.S. Senator Kirsten Gillibrand (D-NY) renewed her push on July 3, 2026, to […]
Strategy CEO Shares Personal Refugee Story Behind His Belief That Bitcoin Is Freedom -
Strategy’s CEO linked his family’s escape from Vietnam in 1978 to his belief that bitcoin can provide individuals with monetary freedom through transparent rules, property rights, and individual sovereignty. Why Did Strategy’s CEO Connect Bitcoin to America’s Promise? Strategy CEO Phong Le, head of Strategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin, shared […]
Gold and Silver Tighten Ratio to 66.9 as Both Metals Roar Higher -
Gold and silver posted their strongest weekly performance in more than a month after a disappointing U.S. jobs report forced traders to rethink Federal Reserve policy. Gold prices climbed from lows near $4,012 per ounce on June 30 to close around $4,175 by July 3, a gain of roughly 2.1%. It marked the metal’s first […]
$75 Million Prize Pool Pushes Esports World Cup 2026 Into New Global Era -
The Esports World Cup 2026 will bring the world’s largest competitive gaming festival to Paris with a $75 million prize pool, 25 tournaments, and a Club Championship race built to reward the deepest organizations in esports. Paris Takes Esports’ Biggest Stage The event runs from July 6 to Aug. 23 at Paris Expo Porte de […]
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
LGBT Q&A: How Can I Wipe Online Data That Points To My Queer Identity? -
This Pride, we’re answering all your digital rights questions in season two of our initiative, LGBT Q&A.
You Asked: Is there a way for me to wipe data about me online that could point to my queer identity?
EFF’s Answer: You cannot protect everything all the time, but there are ways to wipe information about yourself online.
Most information available about you online will typically be found i...
EFF and Allies: X’s FTC Petition to Waive Privacy Violation Order Should be Rejected -
X Corp. should not be able to escape privacy compliance because it changed its name.
On May 15, X Corp. filed a petition before the Federal Trade Commission (FTC) to set aside or modify an order issued in 2022 requiring the company to report regularly to the FTC for its violations of user data. The order or “consent decree” is a result of misleading the platforms’ 140 million users by using pr...
LGBT Q&A: What Data Are Companies in the UK Collecting When Verifying My Age? -
This Pride, we’re answering all your digital rights questions in season two of our initiative, LGBT Q&A.
You Asked: I live in the UK, and we have age verification now on a bunch of websites (including Reddit) and now on iPhones. Can you explain what sort of data companies are actually collecting when they check for age and whether there are any real threats to my safety?
EFF’s Answer: Age ve...
The Institute For Justice - Press Releases
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
VA: Jay Jones Launches Emergency Attack on Virginia Gun Owners’ Court Victory -
Attorney General Jay Jones did not waste any time attacking Virginia gun owners. Just days after GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, Jones and the Commonwealth are running to the Supreme Court of Virginia to try to bring the gun bans back. GOA’s attorneys will be working throughout the Independence Day weekend … Read more...
ATF’s Fake Rollback Keeps Biden’s Gun Control Alive, Fight Back! -
Thanks to GOA’s lawsuit, a federal judge in Texas vacated Biden’s “Engaged in the Business” rule in its entirety. That rule tried to twist the Bipartisan Safer Communities Act to impose backdoor universal background checks by redefining who counts as a “dealer.” Now, ATF has proposed a replacement rule that claims to “rescind” the Biden rule, but in reality keeps … Read more
VA: Tell Your Commonwealth’s Attorney: Do Not Enforce Virginia’s Gun Bans – TAKE ACTION -
Last week, we told you that GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, our lawsuit against Virginia’s so-called Assault Weapons Ban. This injunction prevents the Virginia State Police from enforcing the challenged gun and magazine bans while our case continues through the court system. Virginia gun owners cannot let up … Read mo...
Banking Dive
OCC ends enforcement against Patriot Bank -
Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he expects the bank’s new regulatory status to cut down on regulatory and FDIC fees.
Dive Deposits: The CFPB just redefined 2 weeks’ notice -
The bureau gave employees until July 14 to accept a geographic reassignment. Declining the move or failing to respond in time “will result in your separation from the CFPB,” according to a Tuesday note to staff.
SoFi enters small-business loan market -
“For many of our members, their financial lives do not stop at personal goals, they also include the businesses they are building,” said SoFi CEO Anthony Noto.
EagleBank to pay $9.7M to resolve BSA violations -
The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.
Ramp elevates CTO to co-CEO -
“If you know us, this won’t feel like a change,” wrote Eric Glyman of fellow co-founder Karim Atiyeh’s move to the top of the fintech.
American Banker
Bank of International Settlements
What makes money, money? Ensuring trust in the next generation financial ecosystem -
Remarks by Ms Andréa M Maechler, Deputy General Manager, Bank for International Settlements (BIS), at the Point Zero Forum, Zurich, 24 June 2026.
Timur M Suleimenov: Statement - base rate of the National Bank of Kazakhstan -
Statement by Mr Timur M Suleimenov, Governor of the National Bank of Kazakhstan, on the base rate of the National Bank of Kazakhstan, Astana, 5 June 2026.
Zhu Hexin: New landscape of global capital flows and China's high-level opening-up -
Keynote speech by Mr Zhu Hexin, Deputy Governor of the People's Bank of China and SAFE Administrator, at the 2026 Lujiazui Forum, Shanghai, 17 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases