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
Ukrainian Drone With Huge Explosive Payload Hits Bulgaria Near Vital Gas Pipeline -
Ukrainian Drone With Huge Explosive Payload Hits Bulgaria Near Vital Gas Pipeline
A major border and aerial incident has occurred between Ukraine and Bulgaria, and Bulgarian officials are outraged and demanding answers - ironically on the heels of a political shift regarding the Ukraine war wherein Sofia has stopped giving weaponry, citing its own stockpile shortages.
A Ukrainian ...
Student Loan Payments Are Spiking: What Changed On July 1 And What Borrowers Over 50 Should Do -
Student Loan Payments Are Spiking: What Changed On July 1 And What Borrowers Over 50 Should Do
Authored by Adam H. Douglas via The Epoch Times,
If you carry federal student loans, July 1, 2026, redrew your map. With last year's tax law changes taking effect on that date, the Saving on a Valuable Education (SAVE) plan was dismantled, and servicers began notifying millions of borrow...
Iran Insists US Must Meet Stringent List Of Demands Before Hormuz Opens -
Iran Insists US Must Meet Stringent List Of Demands Before Hormuz Opens
As expected, Iran is pressing hard to extract from Washington everything it can get - at a moment the Trump White House seems to be backing down from a heighted war over the Strait of Hormuz, given the serious risk of settling into a another years-long quagmire in the Middle East.
The US administration, includ...
How The UAE Has Kept Its Oil Flowing Through Hormuz -
How The UAE Has Kept Its Oil Flowing Through Hormuz
By Tsvetana Paraskova of OilPrice.com
The United Arab Emirates has managed to boost its oil exports to pre-crisis levels as early as June, as it has kept pushing crude through the Strait of Hormuz and outside it.
The UAE, which left OPEC on May 1, has found workarounds to the blockage at the Strait of Hormuz. It has been shutt...
Judge Denies Southern Poverty Law Center's Bid To Dismiss DOJ Indictment -
Judge Denies Southern Poverty Law Center's Bid To Dismiss DOJ Indictment
Authored by Aldgra Fredly via The Epoch Times,
A federal judge on Aug. 7 rejected the Southern Poverty Law Center’s (SPLC) bid to dismiss charges brought by the Justice Department, saying the nonprofit failed to show that the prosecution against it was vindictive.
The department indicted the SPLC in April ...
"We're Here To Destroy The White Race": Democratic Socialist Of America Hero Declares War On West -
"We're Here To Destroy The White Race": Democratic Socialist Of America Hero Declares War On West
Marxist streamer Hasan Piker has emerged as an increasingly visible, if unofficial, spokesman for the Democratic Socialists of America's rapidly expanding political action network. He campaigned for Michigan Democratic Senate candidate Abdul El-Sayed and Wisconsin gubernatorial candida...
Existing Power Plants Are "Bedrock" In Supplying Data Centers: Constellation CEO -
Existing Power Plants Are "Bedrock" In Supplying Data Centers: Constellation CEO
By Ethan Howland of UtilityDive.com
Despite the Ratepayer Protection Pledge’s call for planned data centers to supply their own new generation, existing power plants will play a major role in supplying them with power, according to Joseph Dominguez, Constellation president and CEO.
“We’re never going...
Iran's Economy Is In Shambles As War Takes Its Toll -
Iran's Economy Is In Shambles As War Takes Its Toll
Despite the bluster from Iranian officials on social media, it should come as no surprise that the country is not doing well economically. From the beginning of the conflict to current day, Iran has been dealt an estimated $270 billion to $300 billion in total damage due to a steady barrage of strikes, including numerous infrastru...
Trump Urges Pirro To 'Revisit' Decision To Drop Charges Against Accused Reflecting Pool Vandal After New Photos Emerge -
Trump Urges Pirro To 'Revisit' Decision To Drop Charges Against Accused Reflecting Pool Vandal After New Photos Emerge
Authored by Debra Heine via American Greatness,
President Trump on Friday urged U.S. Attorney Jeanine Pirro “revisit” her decision to drop charges against an accused Reflecting Pool vandal after new photos shared on social media, showed clear signs of vandalism.
...
Hillary Clinton Warns Dems: GOP's Anti-Communist Messaging "Very Effective" As Marxist Hijack Party -
Hillary Clinton Warns Dems: GOP's Anti-Communist Messaging "Very Effective" As Marxist Hijack Party
Former Secretary of State Hillary Clinton told Kara Swisher on the "Pivot" podcast that Republicans are deploying what she called a "very effective" anti-communist attack against the Democratic Party's rising class of far-left candidates, who are increasingly defeating establishment ...
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
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...
China is moving some gold from London to new Hong Kong trading hub -
China's Central Bank Adds Gold in Hong Kong to Support Hub
From Bloomberg NewsThursday, August 6, 2026
China's central bank is stockpiling more gold in Hong Kong, according to people familiar with the matter, in a move that's likely to support the city’s push to become a major bullion-trading hub.
The People's Bank of China has built up inventories in Hong Kong over the past few months, said th...
African countries are souring on the dollar -
From The Economist, LondonThursday, August 6, 2026
On Cairo Road, a bustling commercial strip in Lusaka, Zambia's capital, traders and shoppers once haggled over gadgets, furniture and other goods priced in dollars. For decades the greenback was similarly entrenched across the Zambian economy. From car purchases to business contracts, large transactions were routinely settled in the American cu...
Wolf Street
Legal Tender News
CoinDesk
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.
Another Bitcoin infrastructure exploit hits, this time draining Lightning payment servers -
BTCPay told users running LND to update immediately or take servers offline after attackers stole credentials that can control Lightning wallets and move funds.
New XRP Ledger amendments target $530 million in tokenized Wall Street assets -
A new XRPL amendment proposal would let institutions encrypt token balances and transfer amounts while still giving issuers, auditors and regulators selective access.
Bitcoin holders risk losing real BTC if they sell coins from BIP-110 fork, says developer -
If a minority chain appears this weekend, buyers could replay signed fork-coin sales on bitcoin itself, making doing nothing the safest move until the chains can be separated.
Trump Media pulls back from crypto, scraps Crypto.com's CRO token treasury deal -
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.
bitcoin.com
BIP-110 Splits Bitcoin as Rival Miners Clash at Block 961632 -
Onchain data confirms the BIP-110 activation period is live, and Bitcoin’s blockchain has fractured into two versions. Stats show Bitcoin block 961632 was mined by mining heavyweight Antpool, while BIP-110 supporter Roughnecks produced a rival version of block 961632. Rival Miners Split Bitcoin at Block 961632 Several monitoring sites, including forkwatch.tv and the web portal […]
France Pushes Bill to Share Crypto Tax Data With 48 Nations -
A new bill, presented by Jean-Noël Barrot, Minister for Europe and Foreign Affairs, would expand the exchange of cryptocurrency activity data with 48 nations to curb tax evasion. The bill would allow the automatic exchange of this data with countries outside the EU. France Seeks Automatic Exchange of Crypto Data With New Bill France is […]
Moreno Signals End to Clarity Act Talks Ahead of Cloture Vote -
Senator Bernie Moreno clarified that CLARITY Act negotiations between Senate Democrats and Republicans had ended and that the upcoming vote, scheduled for September 15, will decide whether the industry will be delivered to China or continue to be dominated by America. CLARITY Act Negotiations Finished, Democrats Will ‘Have a Choice to Make’ The debate in […]
Gate DexBuilder Launches First Event Contracts Builder, Unveils $3 Million Grant Program to Accelerate Market Ecosystem -
Gate, a leading global digital asset platform, today announced that Gate DexBuilder, its DEX infrastructure platform, has officially launched its first Event Contracts Builder, alongside a $3 million grant program. The initiative provides project teams, developers, communities, and Web3 applications worldwide with one-stop event contract market building capabilities, further accelerating the de...
Brazil Triggers 24-Hour Hold on $10K Crypto Transfers -
The new controls include a precautionary 24-hour retention of funds exceeding $10,000 for an individual or aggregate transactions per day, to allow VASPs to conduct a risk analysis of these movements. The bank stressed that these measures are preventive in nature. Central Bank of Brazil Issues 24 Hour Retention Period For $10,000 Transactions The Central […]
Reason
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.”
Open Thread -
What’s on your mind?
Trump's New Birthright Citizenship Executive Orders Are Mostly Theater -
The two measures combine unconstitutional provisions with performance art.
Parents' Free Exercise Claim Against School for Referring to Student by "Preferred Name[] and Gender Pronoun[]" Can Go Forward -
From Judge Paul Maloney (W.D. Mich.) in Mead v. Rockford Public School Dist.: Dan and Jennifer Mead have a child,…
The post Parents' Free Exercise Claim Against School for Referring to Student by "Preferred Name[] and Gender Pronoun[]" Can Go Forward appeared first on Reason.com.
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal -
Dog toys, DoorDash, and unregistered foreign agents.
Democrats Want To Tax AI Companies for Job Losses That Haven't Happened -
The proposed tax would rise with unemployment and fund a new federal jobs program—even though AI has yet to cause mass unemployment.
Libel Suit by D.C. Saloon Employee Who Said She Wouldn't Serve Some Government Officials Can Go Forward -
From Van Rooy v. ANB 623 LLC, decided today by Judge Amy Berman Jackson (D.D.C.): According to the complaint, ……
The post Libel Suit by D.C. Saloon Employee Who Said She Wouldn't Serve Some Government Officials Can Go Forward appeared first on Reason.com.
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