Kitco News
Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz -
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.
Gold's inflation problem could become its next bullish trigger -
(Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.
Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.
Gold holds key $4,000 support as analysts watch for signs of a bottom -
(Kitco News) - After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.
China sees ETF outflows, falling wholesale demand in May, but PBoC continues outsized purchases amid lower prices – WGC’s Jia -
(Kitco News) – Gold prices slid lower in May as China saw the end of an eight-month streak of ETF inflows, all while wholesale demand fell sharply, but the country’s central bank continued to stock up on bullion, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that international and domestic gold prices ended ...
CME to offer 24/7 gold and oil trading -
(Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.
Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6% -
(Kitco News) - The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month’s highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of ...
Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.
Silver leads metals higher as traders defend key support - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply higher late Thursday, as safe-haven demand tied to U.S.-Iran risk met a late-session pullback in crude oil after fresh deal signals.
Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit -
(Kitco News) - Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.
Zero Hedge
Welfare-Warfare State Reform Is Not Freedom -
Welfare-Warfare State Reform Is Not Freedom
Authored by Jacob Hornberger via The Future of Freedom Foundation,
The libertarian movement can be divided into two basic groups: libertarians who call for reforming welfare-warfare state programs and libertarians who call for dismantling welfare-warfare state programs.
I fall within the latter group. Why? Because I want to be free. R...
"They All Believe That Taiwan's Part Of China", Former Reagan Advisor On Chinese Nationalism -
"They All Believe That Taiwan's Part Of China", Former Reagan Advisor On Chinese Nationalism
Iran is dominating headlines, but Washington’s favorite bipartisan monster abroad is never too far from the sights of the hawks. Just days ago, and while the U.S. is fighting a war, Kentucky Senator Mitch McConnell scolded Marco Rubio for pausing a weapons shipment to Taiwan.
Last night, Z...
The SPLC's Real Scam -
The SPLC's Real Scam
Authored by David Harsanyi via The Epoch Times,
It turns out that the most generous funder of white supremacist groups in the United States was likely the Southern Poverty Law Center.
At least that’s what the Department of Justice’s superseding indictment against the SPLC alleges. The organization secretly paid informants to engage in the active promotion a...
How Bad Is Foreign Influence In America's Nonprofit Universe? -
How Bad Is Foreign Influence In America's Nonprofit Universe?
In February, the House Ways and Means Committee held a hearing titled "Foreign Influence in American Nonprofits: Unmasking Threats from Beijing and Beyond." While Democrats deflected and tried to make the hearing about MAGA and free speech, the underlying topic remains important.
🧵Senate Hearing Raises Alarms Over FOR...
India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances -
India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances
Submitted by Tsvetana Paraskova of OilPrice.com
India may be on track to miss its target for budget deficit for the first time since 2021 as the oil supply shock pressures government coffers.
The government of the world’s third-largest crude oil importer is preparing to exceed its own deficit target from...
Qatar Tried Secret Deal-Making With Iran To Protect World's Largest Gas Complex -
Qatar Tried Secret Deal-Making With Iran To Protect World's Largest Gas Complex
By the middle of March during Trump's Operation Epic Fury, Iran was flexing its retaliatory might, and the Gulf region was shocked to see the largest natural-gas production facility in the world, Qatar's North Field, badly damaged - with a key section forced offline and severely damaged.
The Washington...
A Conservative Audit Of The Left's Ruling Assumptions -
A Conservative Audit Of The Left's Ruling Assumptions
Authored by Stu Cvrk via American Greatness,
There is a particular kind of intellectual dishonesty that does not know it is dishonest. It wraps itself in the language of compassion, hides its power hunger behind slogans of liberation, and mistakes its own cultural preferences for universal moral law. American progressivism, in ...
The Most Important AI Experiment You've Never Heard Of -
The Most Important AI Experiment You've Never Heard Of
Authored by Kay Rubacek via The Epoch Times,
In May 2026, a group of scientists set out to answer an important question that had never been properly tested: What does artificial intelligence (AI) actually do when it is put in charge?
Until now, AI systems have always been evaluated on specific and defined tasks. Nobody had ...
Gabbard Drops Receipts Detailing US-Funded Biolabs In Ukraine -
Gabbard Drops Receipts Detailing US-Funded Biolabs In Ukraine
Outgoing Director of National Intelligence Tulsi Gabbard on Friday declassified a set of internal intelligence slides documenting a long-running US program that has funded a worldwide network of biolabs that handle dangerous pathogens - including dozens in Ukraine.
Director of National Intelligence Tulsi Gabbard speaks ...
Mother Of All 'Ifs': Trump Officials Claim Iran Deal Delivers Peace, Inspections & Hormuz Reopening; Iran Says Indeed 'Close' -
Mother Of All 'Ifs': Trump Officials Claim Iran Deal Delivers Peace, Inspections & Hormuz Reopening; Iran Says Indeed 'Close'
Summary
Araghchi: A deal, if reached, will be signed remotely by both sides and then announced.
The UAE had agreed to release a total of $10b, more than $3b of which had already been delivered (Reuters).
Bloomberg latest: US Senior admin officials says Ir...
MarketWatch - Top Stories
This hidden investing flaw is costing you money. Talking to political opponents fixes it. -
The stock market doesn’t care about your politics. Insisting on a portfolio that’s red or blue can forfeit a lot of green.
There’s a 68% chance the stock market ends the year higher. Why the headlines shouldn’t disrupt your portfolio. -
Blocking out the daily noise gives you a clear edge over short-term chaos.
‘This is not a flash in the pan’: Why value stocks are beating growth by such a wide margin -
Value stocks are putting up big gains this year that widely surpass growth equities, with investors appearing optimistic about earnings growth broadening beyond technology.
How Elon Musk nailed the SpaceX IPO: ‘I’m not sure that this could have gone much better’ -
There were a lot of ways that SpaceX’s initial public offering could have gone wrong. Instead, the company bucked Wall Street norms, pulled off the biggest IPO ever and raised $75 billion.
FIFA World Cup prize money: What each USMNT player stands to earn -
Thanks to a landmark 2022 agreement, U.S. women’s soccer players will get part of the World Cup prize pool, too. Here’s how it works.
I’m 55 and earn $100,000. Should I take a $2,900 monthly pension — or $2,200 with 3% annual hikes? -
“I plan to continue working until age 60.”
How to decide whether a major splurge — like spending thousands on Knicks or World Cup tickets — is worth it -
Ask yourself these questions when considering an extravagant purchase.
‘I feel like he may be taking advantage of us’: Our adviser pushes annuities after we already said no. Do we fire him? -
“I feel like he may be taking advantage of us.”
Is it too late to buy SpaceX’s stock? Here’s how Tesla’s did after one day — and five years. -
Also in Weekend Reads: A bitcoin-pricing model that looks way ahead, the bear market for gold and retirement-planning advice.
‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true? -
“He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”
CNBC Top News
CNBC Economy
GATA
More 'cash-settled' gold contracts -- that is, undeliverable -- coming from CME -
CME Plans to Offer 24/7 WTI Oil and Gold Contracts
By Mia GindisBloomberg NewsThursday, June 11, 2026
The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday.
The new oil-linked contract, set to be one-tenth the size of the existing Micro WTI futures contract, will debut...
Alasdair Macleod: Gold in time of war -
By Alasdair MacleodGoldMoney, TorontoFriday, June 12, 2026
Currencies are debased during and after wars, because government spending goes through the roof not just due to defence spending but also because of the economic consequences.
Financial markets, particularly in North America and Europe, are ignoring the lessons of history. By their actions participants believe that it is the marginal co...
Caucasus nation of Georgia purchases $100 million in gold to boost its reserves -
From Business Media, Tbilisi, GeorgiaWednesday, June 10, 2026
Following a decision by the board of the National Bank of Georgia, the central bank has acquired an additional US$100 million worth of highest-purity (999.9) LBMA-standard gold bullion for its international reserves.
As a result of this latest purchase, the share of monetary gold within the National Bank of Georgia's international re...
SilverTrade.com finds GATA Chairman Murphy still bullish despite attacks on metals -
4:50p ET Thursday, June 11, 2026
Dear Friend of GATA and Gold (and Silver):
Jon Lindau, managing editor of SilverTrade.com, this week interviewed GATA Chairman Bill Murphy about why he's still bullish on silver despite the recent attacks on the monetary metals. The interview is 27 minutes long and can be seen at the Silver Trade channel at YouTube here:
https://www.youtube.com/watch?v=4r8LNTgna...
Monetary metals industry coalition urges Congress to pass SILVER Act -
From Money Metals News Service, Eagle, IdahoThursday, June 11, 2026
A broad coalition representing dozens of key stakeholders across all segments of the U.S. precious metals industry formally called on Congress today to advance the System Integrity through Licensed Vault Expansion & Resilience Act (SILVER Act), bipartisan legislation designed to address national security risks by strengthening ...
Wolf Street
CoinDesk
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst -
Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts ending the recent crypto selloff.
VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market -
VanEck says BNB’s user activity and revenue generation make it a stronger long-term crypto investment case than many blockchain projects still selling a vision.
Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut -
The stock was trading above $160 in volatile action after last night's IPO at $135.
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows -
Bitcoin ETF investors have pulled billions this year, but the broader crypto ETF market remains more resilient than recent headlines suggest.
Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps -
A clash between derivatives veterans is exposing a deeper discussion over how U.S. regulators should classify crypto perpetual contracts.
The U.S. government is betting $2 Billion on quantum computing, and the defense side can't keep up -
Pruden argues that to defend against a quantum computer capable of cryptographically relevant operations, we need post-quantum cryptography and regulatory coordination that the industry has been deferring for years.
FTX's Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges -
The onetime FTX CEO did not persuade a panel of judges that his trial was unfair, the appeals court panel ruled Friday.
XRP sentiment falls to 8-month low, and that has been a buy signal before -
Santiment's weighted sentiment gauge for XRP just hit its weakest reading since October 2025. The firm notes the token's strongest rebounds have tended to start when the crowd was this checked out.
CoinDesk 20 performance update: Ethereum (ETH) falls 1% as index trades lower -
Cronos (CRO), down 1.4% from Thursday, was also an underperformer.
For crypto, SpaceX's stock market debut could go either way -
Your day-ahead look for June 12, 2026
bitcoin.com
Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank Digital Currency -
The bill, first introduced last year, aims to prevent the use of an upcoming central bank digital currency ( CBDC) as a cash substitute and to stop it from becoming an element of surveillance. The project notes that financial exclusion might result from fully embracing digital currencies. Brazil’s Congress Moves To Limit State Control Over […]
Coinbase Teases Next Phase of ‘Everything Exchange’ for Crypto, Stocks, Perps -
Coinbase is teasing the next phase of its Everything Exchange vision built around one account for crypto, stocks, ETFs, cash, perpetual futures, prediction markets, and rewards. The plan targets instant settlement and 24/7 access, with nearly 10,000 stocks and ETFs included in its expanding product roadmap. Coinbase Details Expanding Everything Exchange Vision Crypto exchange Coinbase […]
CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power -
Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking […]
SpaceX Hits $2.1T on Debut Day, Making Elon Musk the World’s First Trillionaire -
SpaceX priced the largest IPO in history Thursday night and spent Friday proving investors meant it. Record Raise, Record Wealth The company priced 555.56 million shares at $135 apiece on June 11, pulling in $75 billion in a primary offering that more than doubled Saudi Aramco’s 2019 raise. When the stock opened at $150 on […]
SurgeXRP Presale Accelerates Following XRP Upgrade News, 30% of Soft Cap Filled Before RWA Platform Debut -
PRESS RELEASE. The XRP ecosystem is heating up once again as the latest XRP Ledger upgrade designed to improve network performance, scalability, and efficiency and investors are increasingly looking beyond XRP itself and toward the next generation of projects being built on XRPL. One project attracting significant attention is SurgeXRP. Its ongoing $SGP presale has […]
Reason
Assessing Non-Packing Rationales For Increasing the Size of the Supreme Court -
These arguments are relatively weak. And to the extent they are valid, they can be addressed without changing the Court's ideological balance.
Cultural Difference "Cannot Be Accepted as a Reason to Mitigate" Ethiopian-Born Lawyer's Dishonesty-Related Misconduct -
From the long (20K-word) decision of the Washington Supreme Court Thursday in In the Matter of Disciplinary Proceeding Against Feyissa,…
The post Cultural Difference "Cannot Be Accepted as a Reason to Mitigate" Ethiopian-Born Lawyer's Dishonesty-Related Misconduct appeared first on Reason.com.
Terrorists and Criminals Reportedly Got $37.5 Billion From COVID Relief and Other U.K. Aid Programs -
Britain has long wasted taxpayer money on frivolous projects. A secret dossier suggests it has now outdone itself.
"Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation" -
From a Justice Department press release Wednesday: "… In the dead of night, masked and hooded defendants allegedly threw noxious…
The post "Eight Conspirators … Threatened University of Michigan Officials, Businesses, and the Jewish Federation" appeared first on Reason.com.
Judge Ross Did Not Even Sign Her First Apology Letter -
She materially breached the terms of her private reprimand many times over. Impeach her.
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal -
Righteous gaolers, crooked feds, and interlocutory appeals.
Elon Musk Becomes the World's First Trillionaire. Is That Such a Bad Thing? -
Growing economies benefit all people, not just the uberwealthy.
Blake Lively Entitled to Attorney Fees (But Not Punitive Damages) in Justin Baldoni et al.'s Libel Lawsuit Against Her -
Some excerpts from Judge Lewis Liman (S.D.N.Y.) long opinion today in Wayfarer Studios LLC v. Lively: [Blake] Lively filed a…
The post Blake Lively Entitled to Attorney Fees (But Not Punitive Damages) in Justin Baldoni et al.'s Libel Lawsuit Against Her appeared first on Reason.com.
‘Why Is America Hosting the World Cup If It Is So Hostile?’: Trump’s Border Crackdown Spoils Soccer Tournament -
America pushed to host the international tournament. Now the government is hassling fans, official guests, and even players who want to come.
Our Friend with the "Attractive, Busty Jewess" Problem Denied Pseudonymity Again, in Case Against Dartmouth -
From today's decision by Judge Steven McAuliffe (D.N.H.) in Doe v. Trustees of Dartmouth College (for an earlier similar decision related…
The post Our Friend with the "Attractive, Busty Jewess" Problem Denied Pseudonymity Again, in Case Against Dartmouth appeared first on Reason.com.
Cato Institute
Tenth Amendment Center
It’s not Treason. It’s Self-Defense. -
“For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...
A Nation of Suspects -
Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […]
The post A Nation of Suspects appeared fir...
Liberty Isn’t Taken. It’s Surrendered. -
Tyrants exploit the ignorance and corruption of the people. Samuel Adams warned us, but don’t just blame the tyrants. He said we should blame the people who make them possible by giving us a self-inflicted tyranny. On this Episode: Liberty isn’t taken. With a one-two punch, it’s surrendered.
The post Liberty Isn’t Taken. It’s Surrendered. appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Victory! 702 has Expired! -
Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process.
The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...
Yes to California's Bill to Ban Surveillance Pricing -
Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data.
Surveillance pricing is bad for privacy, equi...
‘News’ Site Keeps Hallucinating EFF Staffers -
What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?
For one thing, they don’t exist.
For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”
Uh…
(Pleas...
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
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...
Gun Owners of America Endorses Byron Donalds for Florida Governor -
Gun Owners of America Endorses Byron Donalds for Florida Governor FOR IMMEDIATE RELEASE June 11, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida. As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record. As a freshman state representat...
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General -
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more
Banking Dive
Senators press Trump to fill vacant FDIC, SEC board seats -
No Democrats serve in seats reserved for the minority party at several regulators, yet the White House may nominate a replacement for an outgoing Republican SEC commissioner, senators said.
Oklahoma’s BancFirst to buy SpiritBank, boost Tulsa presence -
The deal, set to close in the fourth quarter for an undisclosed sum, marks the second Tulsa-area bank acquisition in roughly a year for BancFirst.
No ‘designated geniuses’: How BofA democratizes innovation -
“Innovation isn’t in its own lane,” said Cameron Wadley, a Bank of America managing director whose patents are at the foundation of the bank’s AI assistant Erica.
Warren blasts Goldman’s Solomon over reports that legal chief is staying -
Sen. Elizabeth Warren and another lawmaker wrote the CEO after stories surfaced that he “pressed” Epstein-tied attorney Kathryn Ruemmler to remain an adviser at the bank after her resignation takes effect.
JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed -
A judge said he would explain "in due course" his reasoning for tossing the suit, in which plaintiffs alleged the banks missed the now-bankrupt auto lender's “blatant double-pledging scheme.”
American Banker
Bank of International Settlements
Credit supply in the wake of distressed bank acquisitions -
by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...
The anatomy of stablecoin transactions -
by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...
Strengthening the going-concern role of AT1: options and trade-offs -
Additional Tier 1 (AT1) instruments are designed to operate as going-concern capital. In instances where the issuer reaches the point of non-viability, these instruments also support an orderly resolution of a gone concern.
Nonetheless, in practice, the effectiveness of AT1 Instruments in fulfilling their primary role as going-concern capital is undermined by low trigger thresholds, the discre...
Federal Reserve - Press Releases
FDIC - Press Releases