Kitco News
Gold's biggest headwind may finally be peaking -
(Kitco News) - Gold investors have spent much of 2026 confronting a frustrating paradox: the geopolitical and fiscal backdrop has arguably never looked more supportive for a safe-haven asset, yet gold has struggled in recent months as rising real interest rate expectations have dramatically increased the opportunity cost of holding a non-yielding metal.
Wall Street, Main Street solidly bullish as prices end the week nearly $300 higher -
(Kitco News) - After a relatively quiet start to the summer, sentiment in the gold market is heating up as extraordinary bullish momentum propels prices out of their two-month consolidation pattern.
Gold, silver rally as weak payrolls cut Fed hike pressure - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices rallied after the North American equities close Friday, as a negative July payrolls print pulled Treasury yields lower, softened the U.S. dollar and eased pressure on the Federal Reserve to raise rates again in September.
Gold breaks out following soft jobs data but could still struggle to get to $4,500 -
(Kitco News) - After two months of consolidation and testing support at $4,000 an ounce, the gold market has broken convincingly to the upside as the precious metal sees its best weekly performance since the start of the year.
PBOC boosts gold buying with largest monthly purchase since 2023 -
(Kitco News) - Not only has the People’s Bank of China bought gold for 21 straight months, but the central bank has also continued to make solid tactical moves as prices have dropped nearly 30% from their all-time highs at the start of the year.
Gold, silver rally as yields fall after surprise jobs loss - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher in early U.S. trading Friday, as a surprise decline in July payrolls pulled Treasury yields lower and reduced near-term Fed hike expectations.
Gold prices surging higher as U.S. economy loses 23k jobs in July -
(Kitco News) - The gold market is surging higher as the U.S. economy lost jobs in July, significantly missing expectations.
Investors take profits in gold and silver as oil, yields rise after Hormuz deal doubts - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were weaker in late U.S. trading Thursday, as rising oil prices, firmer Treasury yields and a stronger U.S. dollar prompted investors to take some profits after Wednesday’s breakout rally.
Now is the time to buy gold; BCA sees bullish opportunity as real yields peak -
(Kitco News) - Gold's recent correction has likely run its course as the key macro headwinds that pressured the precious metal are beginning to fade, according to one Canadian research firm, which argues that real interest rates have likely peaked and the U.S. dollar will eventually turn from a headwind into a tailwind for bullion.
Denarius takes 15.6% of Copper Giant, Trafigura takes the concentrate -
(Kitco News) - A junior buys into a junior, a trading house commits to a decade of output, and a billion-tonne copper deposit gets its first real balance sheet
Zero Hedge
UK Police Literally Have An 'Elite Squad' To Flag Spicy Social Media Posts... -
UK Police Literally Have An 'Elite Squad' To Flag Spicy Social Media Posts...
Authored by Steve Watson via Modernity News,
Britain's latest free speech assault is underway.
An elite police unit set up by the Labour government has already flagged more than 100 social media posts to local forces, monitoring online "protest related activity" in a move critics brand a sinister step...
Lake Mead Hits Lowest Level On Record Amid Decade-Long Western Drought -
Lake Mead Hits Lowest Level On Record Amid Decade-Long Western Drought
Bureau of Reclamation data indicate that the reservoir’s surface elevation rose to 1,040.50 feet above sea level on Thursday, below the previous low of 1,040.58 feet set in July 2022, when the lake first fell to a low following years of drought.
Hoover Dam forms Lake Mead along the Colorado River on the N...
The Democrat Embrace Of Islamo-Socialism Is Party Suicide -
The Democrat Embrace Of Islamo-Socialism Is Party Suicide
Authored by David Sultzer via AmericanThinker.com,
The Democrat party leadership—sensing its mortal danger from a very well-organized and radicalized Islamo-socialist movement—is trying to stay afloat, claiming that the Democrat Party is a “big tent” where the socialists can find a welcome home:
Senator Chuck Schumer thin...
Apple Tests Chinese Memory Chips As Supply Crunch Pushes PC Giants Toward CXMT -
Apple Tests Chinese Memory Chips As Supply Crunch Pushes PC Giants Toward CXMT
After months of lobbying the Trump administration for clearance to purchase Chinese memory chips, Apple appears to be nearing the point where it can tap China's domestic chip market. The push follows what the iPhone maker has described as "unsustainable" pricing from the memory "cartel," namely SK Hynix,...
UN Sounds Alarm As Iran Steps Up Executions To Silence Dissent -
UN Sounds Alarm As Iran Steps Up Executions To Silence Dissent
Authored by Tom Ozimek via The Epoch Times,
The United Nations human rights chief has expressed alarm over a sharp increase in executions and death sentences in Iran, warning that authorities are using capital punishment to intimidate the population and suppress dissent.
“I am alarmed by the rise in executions and dea...
Turkish FM Affirms Defense Pact With Pakistan, Saudi Arabia Is Same As NATO's Article 5 -
Turkish FM Affirms Defense Pact With Pakistan, Saudi Arabia Is Same As NATO's Article 5
World leaders have been reacting to the Friday signing of a major defense agreement between Saudi Arabia, Turkey and Pakistan in the Saudi city of Makkah among their heads of state. It seeks to strengthen joint deterrence and expanding defense cooperation, the Saudi Press Agency said.
As we rep...
Europe Bets Billions On North Africa's Clean Energy Potential -
Europe Bets Billions On North Africa's Clean Energy Potential
Authored by Felicity Bradstock via OilPrice.com,
The EU’s T-MED initiative aims to mobilize billions of euros for renewable energy, hydrogen, clean technology, and electricity networks across the Mediterranean.
Morocco and Egypt are emerging as important partners as Europe invests in renewable generation, grid in...
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike -
Fire Erupts At Saudi Aramco's Jazan Refinery As Iran-Backed Houthis Claim Drone Strike
Yemen's Iran-backed Houthis claimed responsibility for a drone attack on Saudi Aramco's $21 billion Jazan refinery, located on Saudi Arabia's southwestern Red Sea coast, roughly 44 miles from the Yemeni border. The facility is strategically important because it allows Aramco to export refined pro...
From "Designed Viruses" To "Digital Telepathy" – AI Panic Kicks Into Overdrive -
From "Designed Viruses" To "Digital Telepathy" – AI Panic Kicks Into Overdrive
Authored by Kit Knightly via Off-Guardian.org,
Two days ago, I wrote an article detailing the sudden rash of “rogue AI agents” allegedly besetting the tech community, and how that may be used to bring in new regulations, notionally targeting AI, but actually limiting or monitoring how ordinary people u...
Europe Was Once Bigger Than The US Economy. What Happened? -
Europe Was Once Bigger Than The US Economy. What Happened?
The United States and the European Union are the two largest Western economies of the 21st century.
Over the past two decades, however, their economic trajectories have diverged significantly.
This line chart below, via Visual Capitalist's Gabriel Cohen, tracks the gross domestic product (GDP) of the EU and U.S. economies...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
Here are three key takeaways from the disappointing July jobs report -
Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed signals.
U.S. economy unexpectedly lost 23,000 jobs in July -
Nonfarm payrolls were projected to increase by 83,000 in July while the unemployment rate would hold steady at 4.2%, according to the Dow Jones consensus.
The July jobs numbers are due out Friday. Here's what to expect -
Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.
Private companies added just 44,000 workers in July, below expectations, ADP reports -
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy -
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
GATA
U.S. sale of euros to prop up yen blindsided ECB -
By Olaf Storbeck, Claire Jones, and Kate DuguidFinancial Times, LondonThursday, August 6, 2026
Washington's sale of euros to boost the yen late last week blindsided the European Central Bank, with the U.S. informing its counterparts in Frankfurt only after the historic currency intervention.
The ECB was made aware of the U.S. move to sell euros to buy yen on Friday after the trade had been exe...
Barrick chairman's planned overhaul meets investor backlash -
By Jacob Lorinc and Sybilla GrossBloomberg NewsSunday, August 9, 2026
John Thornton appeared ready last year to step down as chairman of Barrick Mining Corp. after a turbulent 12-year tenure. Instead, he seized control from his long-time CEO and is now driving a reinvention of one of the world's largest gold producers.
His plan is running into trouble.
... Dispatch continues below ...
... ADVE...
Alasdair Macleod: Gold and silver begin their move -
By Alasdair MacleodGoldMoney, TorontoFriday, August 7, 2026
Investors increasingly suspect that financial markets might be radically mispriced, and nowhere is this truer than for precious metals.
In terms of the evolution of gold and silver prices, markets appear to be in a similar position to where they were in December 1973, after OPEC first hiked its reference price and before the second lar...
China's gold reserves rise by most since October 2023 as buying pace quickens -
By Qiaoyi Li, Liz Lee, and Dylan DuanReutersFriday, August 7, 2026
China's central bank stepped up its gold purchases for a fifth straight month in July, adding the most bullion to its reserves since October 2023, official data showed today.
The People's Bank of China extended its gold-buying run to a 21st consecutive month, with reserves rising to 76.08 million fine troy ounces at the end ...
Yen intervention showed dollar's dominance is slipping -
By Joseph AdinolfiMarketWatch, New YorkThursday, August 6, 2026
President Donald Trump and Treasury Secretary Scott Bessent chalked up last week's historic joint intervention to support the yen as a friendly gesture in support of an ally.
Wall Street analysts later explained that the real motivation was likely to protect the Treasury market, just as volatility was starting to tick higher.
... D...
Wolf Street
Legal Tender News
CoinDesk
Hyperliquid’s RWA perps boom is eating into the revenue that backs HYPE -
Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half the platform's volume to outside builders.
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk -
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk.
Crypto is going through a massive dot-com style shakeout as over 100 projects fold in 2026 -
An industry-wide reckoning is weeding out unsustainable startups, leaving behind only the protocols with real cash flow and actual users.
Controversial Bitcoin fork BIP-110 mines two blocks, then stops -
The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still accept the same transactions.
Bitcoin hits block 961,632 as the controversial BIP-110 soft fork attempt begins -
The proposal has scant support from bitcoin miners and influential commentators have also voiced their opposition.
Hardware wallet sales in Russia more than double as new crypto rules near -
Wildberries’ average price for hardware wallets fell 13% to 7,900 rubles, and M.Video broadened its range of products, though neither retailer identified the driving force behind the renewed demand.
Brazil's central bank orders exchanges to delay large crypto transfers abroad -
The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges.
Trillions in institutional money to flow into bitcoin, says Bitwise's Matt Hougan -
The digital asset manager's CIO says large capital pools control up to $200 trillion globally, and just a 1% shift toward bitcoin could unlock massive long-term growth.
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF -
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing.
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month -
The majority leader opened the multi-stage process the Senate follows when trying to get a bill over its 60-vote hurdle, so it's still got a shot in September.
bitcoin.com
Roughnecks Quits BIP-110 Mining as Ocean Hashrate Collapses -
Roughnecks, the mining group responsible for the only two blocks on Bitcoin’s new BIP-110 minority chain, has stopped mining under its name and urged others to stand down as the breakaway network remains stuck just two blocks beyond its split from Bitcoin. Roughnecks Pulls the Plug as the Fork Freezes The group announced the decision […]
Saylor Drops ‘Doing Business’ Message, Sparks Strategy Bitcoin Mystery -
Michael Saylor posted Strategy’s bitcoin chart on Aug. 9 with a two-word caption. Days earlier, the company disclosed another bitcoin sale, leaving 842,138 BTC on the books and raising fresh questions about its next move. Two Words, No Answer Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), stirred fresh speculation over the company’s next […]
Bitcoin’s Price Barely Blinks Amid Coldcard Sweeps and BIP-110’s Collapse -
Bitcoin barely flinched through two potentially disruptive events, holding near $65,000 as losses tied to the Coldcard hardware wallet exploit mounted and the BIP-110 minority chain stalled almost immediately after splitting from the main network. Over the past 48 hours, BTC traded largely between $64,500 and $65,250. By Sunday morning, Aug. 9, bitcoin was changing […]
CLARITY Stalls, Coldcard Fallout Continues, Bitcoin Barely Budges -
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. Last Friday, Bitcoin dropped from $64.7K to $62.8K, […]
Where Stolen Crypto Really Goes: Inside the 45-Day Laundering Machine -
Hackers stole $3.4 billion in crypto in 2025 and topped $1 billion again in the first half of 2026. Once the coins start moving, investigators have roughly 45 days before the trail goes cold. Six Years, More Than $16 Billion Gone Crypto theft is no longer a phase that the digital asset industry is slowly […]
Reason
In Post-Soviet Georgia, a Fledgling Libertarian Movement Faces an Increasingly Authoritarian State -
As leader of the “Girchi—More Freedom” party, Zurab Japaridze spent 7 months jailed as a political prisoner. He’s prepared to spend much longer there if he has to.
AI Is Already Beating Human Doctors in Medical Tests -
Robo-docs are not likely to take over healthcare anytime soon, but they could do more to assist human doctors—if we let them.
Today in Supreme Court History: August 9, 1974 -
8/9/1974: President Richard Nixon resigns from office, President Gerald Ford takes oath of office.
The post Today in Supreme Court History: August 9, 1974 appeared first on Reason.com.
Brickbats: August/September 2026 -
News of politicians, police, and bureaucrats behaving badly from around the world
Open Thread -
What’s on your mind?
New Survey Data on Public Perceptions of the Supreme Court -
A detailed Marquette Law School poll finds public views of the Court are modestly negative, but most major recent decisions enjoy majority public support.
Race Discrimination in Admissions Suit Against U Washington Can Go Forward -
From Zhong v. Univ. of Wash. Bd. of Regents, decided yesterday by Judge James Robart (W.D. Wash.): This civil rights action…
The post Race Discrimination in Admissions Suit Against U Washington Can Go Forward appeared first on Reason.com.
The 'Affordability' Agenda That Taxes Your Dinner -
Food-related taxes are rising in popularity, though they hurt restaurants and customers—and may even fail as a revenue-raising tool.
Today in Supreme Court History: August 8, 2009 -
8/8/2009: Justice Sonia Sotomayor takes oath.
The post Today in Supreme Court History: August 8, 2009 appeared first on Reason.com.
After 2 Decades of Raids and Prison Stints, Liverpool's 'Cannabis Martyr' Is Still 'Fighting for Freedom' -
Gary Youds says his cannabis café is “what the future looks like the day after the drug war.”
Cato Institute
Tenth Amendment Center
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Electronic Frontier Foundation
Tomorrow’s U.S. Senate Vote: Four Internet Bills, One Wrong Direction -
The Senate Commerce Committee will vote this week on several censorious and privacy invasive bills: KOSA, the SCREEN Act, Youth AI Privacy Act, and CHATBOT Act. While we appreciate that the Committee is taking the time to look at these bills separately, it’s still impossible to ignore the message Congress is sending to the world: Age-gate the internet and block young people from speaking and ac...
Appeals Court Agrees with EFF that Building a Web Browser Doesn’t Violate the CFAA -
The Ninth Circuit Court of Appeals has endorsed a commonsense technical interpretation of the Computer Fraud and Abuse Act (CFAA), a law not usually given to such interpretation. Amazon had sued Perplexity AI to try to shut down its Comet browser, claiming the browser’s optional agentic AI “Assistant” that can browse websites like Amazon for comparison shopping purposes, violated the CFAA becau...
Mobile Ad Software Encourages Location Data Sharing, EFF Report Finds -
Developers Must Beware of Ad Libraries that Betray Users’ PrivacySAN FRANCISCO – Some software development kits (SDKs) provided by advertising companies to help developers monetize their apps are automatically feeding users’ location data into systems that location data brokers use to track people, an Electronic Frontier Foundation (EFF) report found.
EFF began investigating the location-shari...
The Institute For Justice - Press Releases
Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home -
WILMINGTON, N.C.—On Thursday, the United States District Court for the Eastern District of North Carolina denied qualified immunity for officers who raided an innocent family’s Pender County home in […]
The post Court Rules North Carolina Family’s Lawsuit Can Move Forward After SWAT Team Raided, Damaged Wrong Home appeared first on Institute for Justice.
Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case -
ARLINGTON, Va.—In its fall term, the U.S. Supreme Court will consider a lawsuit challenging the constitutionality of the Department of Labor’s agency court system. New […]
The post Former Attorneys General, Business Associations, and Former Department of Labor Leaders Support Family Farm’s Supreme Court Case appeared first on Institute for Justice.
Major Ruling in Favor of True Food Labels as Federal Appeals Court Revives First Amendment Lawsuit Against FDA and USDA -
ARLINGTON, Va.—A federal appeals court revived a First Amendment lawsuit from a customer and small business owner seeking to provide true information on food labels. The United States […]
The post Major Ruling in Favor of True Food Labels as Federal Appeals Court Revives First Amendment Lawsuit Against FDA and USDA 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
Don’t Let DOJ Appeal GOA’s NFA Win! -
TELL YOUR SENATORS, DON’T LET DOJ APPEAL OUR WIN! We won our case, but DOJ may appeal. Let’s secure our win and tell the “most pro-2A” Department of Justice to walk the walk… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory … Read more
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! -
WE WON OUR CASE AGAINST THE NATIONAL FIREARMS ACT! Thanks to GOA’s “One Big Beautiful Lawsuit” a federal judge has struck down the registration requirements on certain NFA items… We just won our “One Big Beautiful Lawsuit,” against the registration requirements of the NFA at the district level in Texas. This is quite possibly the largest victory against the National Firearms … Read more
Federal Court Rules Key National Firearms Act Restrictions Are Unconstitutional in GOA Lawsuit -
Federal Court Rules Key National Firearms Act Restrictions Are Unconstitutional in GOA Lawsuit FOR IMMEDIATE RELEASE August 5, 2026 SAN ANGELO, TX — Gun Owners of America (GOA) and fellow plaintiffs scored a major win today. The U.S. District Court for the Northern District of Texas ruled that key National Firearms Act of 1934 (NFA) restrictions are unconstitutional for untaxed firearms and ...
Banking Dive
American Banker
Bank of International Settlements
Energy shocks and inflation: challenges for monetary policy -
by Ryan Niladri Banerjee, Fiorella De Fiore, Marco Jacopo Lombardi, Giovanni LombardoThe recent energy shock ranks among the most significant since the 1990s. Structural factors and initial conditions influence how energy shocks propagate into inflation – directly and through second-round effects. The appropriate monetary policy reaction depends on the persistence of the inflationary pressures ...
Michelle W Bowman: Responsible innovation and financial inclusion -
Speech (via pre-recorded video) by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at "Next-gen financial inclusion", the third annual Financial Inclusion Conference hosted by the Federal Reserve Board, Washington DC, 14 July 2026.
Philip N Jefferson: Navigating economic shocks - a monetary policymaker's perspective -
Speech by Mr Philip N Jefferson, Vice Chair of the Board of Governors of the Federal Reserve System, at the Stanford Institute for Economic Policy Research, Stanford University, Stanford, California, 16 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases