Kitco News
Economist Mark Thornton warns of 150-year market peak, calls Fed nomination a ‘hit job’ on precious metals -
(Kitco News) - A stark divide between record corporate profits and plummeting consumer sentiment is not an economic paradox, but the predictable outcome of decades of monetary expansion, according to Austrian School economist Dr. Mark Thornton.
Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1 -
(Kitco News) - The gold market continues to hold support above $4,500 an ounce but is struggling to attract new bullish momentum, even as U.S. consumer confidence continues to fall amid rising inflation pressures and growing recession risks.
Gold and silver prices fall as Iran strikes revive oil risk - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are down and spot silver prices are sharply lower in early U.S. trading Tuesday, as a firmer U.S. dollar and renewed oil volatility offset support from lower Treasury yields.
Silver leads late-session metals rally as U.S.-Iran optimism weighs on crude - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices outperformed in late Monday trading, as a weaker U.S. dollar, lower Treasury-yield expectations and a sharp drop in crude oil prices supported precious metals.
Russia’s sovereign gold reserves plunge 5.7 tonnes in April to 24-year low amid mounting deficits -
(Kitco News) – The gold reserves of Russia's central bank declined for the fourth consecutive month in April, recording the sharpest drop in a quarter century.As of May 1, the Central Bank of Russia (CBR) held 73.9 million ounces of gold bullion in its international reserves. In just one month, their gold reserves decreased by 200,000 ounces, bringing the total decline since the start of 2026 t...
Gold’s forced sovereign liquidations could pave the way for the metal’s next great bull run – SPI’s Stephen Innes -
(Kitco News) – The recent gold selloff increasingly resembles forced sovereign liquidity management, while waning growth could force the return of dovish central bank policy, driving the next stage of the long-term bull market, according to Stephen Innes, managing partner at SPI Asset Management.In a new analysis published Monday, Innes said the outbreak of the Iran war saw gold trade “like a m...
India’s mining industry calls for new exploration and development, removal of red tape to address gold and silver import issues -
(Kitco News) – The impacts of the recent changes to India’s precious metals import policies continue to play out, with bullion banks, investors, ETFs and jewelers all working to navigate the new regime. Now, the country’s mining industry is speaking out, arguing that the world’s second-largest gold and silver market must become more than just an importer.
Gold and silver rally as Hormuz deal hopes sink oil - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are up and spot silver prices are sharply higher in early Monday trading, as a weaker U.S. dollar, lower Treasury-yield expectations and a sharp drop in crude oil prices supported precious metals.
Gold, silver and the new fear behind elevated bond yields -
(Kitco News) - Gold and silver continue to do what they do best: frustrate traders, as the precious metals have become significantly more nuanced within their broader consolidation pattern.
Wall Street stays bearish as gold clings to $4,500, Main Street maintains bullish bias as Fed rate hike concerns mount -
The latest Kitco News Weekly Gold Survey showed Wall Street still firmly bearish on gold’s near-term prospects, while Main Street maintained its stubborn bullish bias despite gold’s losses.
Zero Hedge
AI Startup Says It Will Pay People $2,000 A Month to Masturbate... Yes, Really -
AI Startup Says It Will Pay People $2,000 A Month to Masturbate... Yes, Really
Authored by Jason Nelson via Decrypt.co,
Joi AI is hiring 10 “masturbation consultants” at $2,000 for a month to test an AI-guided masturbation feature and document its effects on stress, sleep, mood, and confidence.
The feature uses mood-matched AI voice sessions, and consultants would submit wr...
Iran's 90-Day Internet Blackout Ends As NetBlocks Confirms Partial Restoration -
Iran's 90-Day Internet Blackout Ends As NetBlocks Confirms Partial Restoration
Internet monitoring firm NetBlocks has confirmed our Monday report that, after 88 days of "near-total isolation" from the global internet, Iran has seen a "partial restoration to internet connectivity."
📈 Confirmed: Live metrics show a partial restoration to internet connectivity in #Iran on day 88, af...
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May -
Conference Board Consumer Expectations Hit YTD Highs, Inflation Fears Dip In May
With war (and rising gas prices) now fully embedded in respondents' minds (along with record high stock prices), it is perhaps not entirely surprising that The Conference Board's Consumer Confidence dipped in May (but was better than expected).
The headline index dipped 0.7 points to 93.1 in May, down...
Key Events This Holiday-Shortened Week: PCE, Durables, Consumer Confidence And Fed Speakers -
Key Events This Holiday-Shortened Week: PCE, Durables, Consumer Confidence And Fed Speakers
SSDD: with stocks set to hit new record highs, the hope this morning once again is that the days may be numbered for the war in Iran, with momentum building since the start of the weekend that a deal could be in the works. Brent, which ended last week at $103.54/bbl, is this morning trading ...
ASP Isotopes Soars On Restart Of Silicon-28 Facility, Locks In Q3 2026 Commercial Shipments -
ASP Isotopes Soars On Restart Of Silicon-28 Facility, Locks In Q3 2026 Commercial Shipments
ASP Isotopes cleared a major operational milestone at its Pretoria Silicon-28 enrichment facility, restarting the first 18 stages, and has now run them for over three weeks at target enrichment levels. Commercial shipments to U.S. customers are
on track for Q3 2026.
The stock was up over 25...
Iranian Leader Calls For Muslim Unity, Says 'Death To America' Will Become Common Slogan -
Iranian Leader Calls For Muslim Unity, Says 'Death To America' Will Become Common Slogan
Authored by Tom Ozimek via The Epoch Times,
Iranian leader Mojtaba Khamenei issued a message on May 26 calling for greater unity across the Muslim world against the United States and Israel, saying that the chants “Death to America” and “Death to Israel” will become the rallying slogans of Mus...
Over Half Of America's Largest Cities Are Seeing Home Price Declines -
Over Half Of America's Largest Cities Are Seeing Home Price Declines
After declining MoM for the first time since June 2025 in February, US home prices in America's 20 largest cities were expected to dip again in March (according to the latest data from S&P Cotality Case-Shiller) and they did, dropping 0.16% MoM (worse than the 0.10% MoM drop expected) leaving prices up just 0.83% Y...
Leftist Activists Build Illegal "Autonomous Zone" Around NJ ICE Facility -
Leftist Activists Build Illegal "Autonomous Zone" Around NJ ICE Facility
They keep doing it because the consequences are not harsh enough yet, and they enjoy the protection of Democrat politicians and NGO-backed funding. Without support from the Democrat Party and global non-profits, the Anti-ICE movement would not exist. In other words, they're astroturf.
Of course, that doesn...
Iran Decries US 'Ceasefire Violation' After Overnight Port Raid, Insists On $12BN Fund Release To Advance Talks -
Iran Decries US 'Ceasefire Violation' After Overnight Port Raid, Insists On $12BN Fund Release To Advance Talks
Summary
IRGC says its military shot down an MQ-9 drone and forced an F-35 jet out of Iranian airspace.
Tehran formally accuses Washington of "ceasefire violation" while warning a final deal is not yet imminent, while Pentagon cites "self-defense" strikes in Hormuz overn...
China Begins Flooding The Market With DRAM And NAND Memory Chips -
China Begins Flooding The Market With DRAM And NAND Memory Chips
Last September, when the memory bubble was just getting started, we said that inevitably "the cure for high commodity prices is, well, high commodity prices." While many financial market maxims have quietly ceased working in recent years thanks to rigged markets due to central bank interventions and market manipulatio...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Uzbekistan resumes gold exports after half-year pause -
By Yuliya FedorinovaBlomberg NewsTuesday, May 26, 2026
Uzbekistan, one of the largest gold producers, resumed full-scale gold exports in April after a half-year pause.
The nation exported about $1.5 billion of non-monetary gold in the first four months of the year, the National Statistics Committee reported today, indicating that most of it was sold in April.
... Dispatch continues below ...
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Paris Mint to issue first solid-gold coins in a century -
From RTE, DublinTuesday, May 26, 2026
The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis coins a century ago.
Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams).
... Dispatch continues below ...
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Patrick Gibbons: There's a global rush to gold but Australia is the hardest place to mine it -
By Patrick GibbonsAustralian Financial Review, SydneyTuesday, May 26, 2026
Sometimes budget papers hide in plain sight critical information. And this year's was no different. Buried among the usual forecasts for iron ore, coal, and LNG export earnings was a commodity Canberra rarely talks about: gold.
For decades gold has occupied an awkward place in Australia's economic story. Iron ore built t...
Burkina Faso tightens grip on $7 billion gold industry as foreign firms lose ground -
By Segun AdeyemiBusiness Insider Africa, New YorkSaturday, May 23, 2026
Burkina Faso is rapidly tightening its grip on one of Africa's most valuable industries as the military-led government pushes to reduce foreign dominance over the country's gold sector.
The West African nation, one of the continent's leading gold producers, has spent the past three years restructuring mining ownership in wh...
Zimbabwe just drew a hard line for foreign miners concerning its gold -
By Chinedu OkaforBusiness Insider Africa, New YorkSaturday, May 23, 2026
Zimbabwe is stepping up its campaign for resource-driven industrialization by prohibiting foreign individuals and firms from participating in small-scale gold mining, the latest move in a larger strategy to boost local ownership and promote the domestic mineral industry.
... Dispatch continues below ...
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Wolf Street
CoinDesk
TeraWulf jumps 13% on AI data center expansion in Kentucky -
The bitcoin miner turned HPC infrastructure developer unveiled plans for a new 1 gigawatt facility in Kentucky aimed at servicing AI workloads.
Live markets: bitcoin on sidelines as markets surge on Iran peace hopes -
Oil prices and bond yields have opened the week sharply lower following President Trump's weekend announcement of an imminent Middle East agreement.
Bitmine made its largest ETH purchase this year despite Tom Lee's slowdown suggestion -
The company bought 111,942 ether last week worth $237 million, ramping up purchases to take advantage of ETH's drop below $2,200.
CoinDesk 20 performance update: SUI drops 1.1%, leading index lower -
Cronos (CRO), also down 1.1%, joined Sui (SUI) as an underperformer.
Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins -
ASST climbs 133% in three months as Strive grows holdings to 16,500 BTC and explores fresh capital raising options.
Strategy taps cash reserve to retire $1.5 billion in convertible debt -
Michael Saylor and team funded the repurchases using cash as it restructures liabilities tied to its BTC treasury strategy.
Spain joins growing list of countries shutting out Polymarket and Kalshi -
The platforms were blocked for operating without licenses required by Spanish gambling law, citing a lack of safeguards for minors and self-excluded gamblers.
Bitcoin demand gauge sinks to worst level since December as spot buying weakens -
CryptoQuant’s 30-day apparent demand indicator is negative, signaling that buyers aren’t absorbing the available supply and leaving the market vulnerable.
StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens -
The breach, linked to a 1-of-3 multisig wallet weakness, allowed attackers to compromise a key and mint $13.5 million in unbacked tokens, netting them $2.8 million.
Bitcoin ETFs crushed by billions in outflows as Treasuries stifle interest-rate cut hopes -
Your day-ahead look for May 26, 2026
bitcoin.com
Bitcoin Burn Wallet Absorbs $8.2M as Unknown User Destroys 107 BTC in Mystery Transfer -
On Tuesday, onchain analyst and founder of Timechainindex.com Sani flagged a bitcoin transaction in which the owner transferred 107 BTC, valued at $8.2 million at current exchange rates, to a burn address, rendering the funds permanently inaccessible and impossible to spend. Bitcoin Burn Wallet Jumps to 807 BTC After Mystery User Burns $8.2 Million According […]
Bitwise Launches Canton ETP on Deutsche Börse -
Bitwise has introduced a new exchange-traded product tied to Canton Network’s native token, offering investors regulated exposure to a blockchain platform designed for capital markets. Canton Network Attracts Institutional Investors Through New Bitwise Crypto Product Bitwise Asset Management has launched a new exchange-traded product (ETP) tied to the Canton Network, marking another step in the...
Strategy Cuts $1.5B in Convertible Debt and Grows Bitcoin Holdings to 843,738 BTC -
Strategy retired $1.5 billion in convertible debt at a discount on Tuesday and disclosed it now holds 843,738 bitcoin, reflecting a year-to-date BTC Yield of 13.3%. Strategy Retires $1.5 Billion in Debt at 8% Discount and Adds 24,869 Bitcoin The Tysons Corner, Virginia-based company repurchased $1.5 billion aggregate principal amount of its 0% Convertible Senior […]
Kraken’s ETH Deposit Highlights Restaking Paradox: Eigencloud’s $6.5B TVL vs EIGEN’s 96% Price Decline -
Crypto exchange Kraken has deposited ether into Eigencloud, the leading restaking protocol on the Ethereum network, even as the platform’s native EIGEN token trades roughly 96% below its all-time high despite holding over $6.5 billion in total value locked. Kraken Deposit Signals Institutional Interest in Ethereum Restaking Kraken, one of the largest U.S.-based cryptocurrency exchanges, […]
Whale Dumps $100M ETH Short, Pivots to $13.4M Bitcoin Bet at 20x Leverage -
An onchain trader has abandoned a $100 million ether short position after absorbing a $260,000 loss and immediately reversed course, opening a leveraged 20x long bet on bitcoin worth $13.43 million. Trader Flips From ETH Short to Leveraged Bitcoin Long A pseudonymous high- leverage trader closed a short position on ether ( ETH) worth over […]
Reason
Magnifica Humanitas -
Plus: Another round of strikes, developments in Kilmar Abrego Garcia case, weight-loss drug results, and more...
The First Amendment and Off-Duty Police Officer's Counterprotest of Anti-ICE Student Protest -
Some excerpts from the long opinion in Mullen v. Giordano, decided Thursday by Judge Susan Brnovich (D. Ariz.): The Ninth…
The post The First Amendment and Off-Duty Police Officer's Counterprotest of Anti-ICE Student Protest appeared first on Reason.com.
Ayn Rand Is Alive in Ankara -
Objectivism in Turkey has risen and fallen in recent decades, but is newly rejuvenated.
Today in Supreme Court History: May 26, 1868 -
5/26/1868: Senate acquitted President Andrew Johnson and adjourned as court of impeachment. Chief Justice Chase presided over that trial. Johnson…
The post Today in Supreme Court History: May 26, 1868 appeared first on Reason.com.
Adam Carolla on the California Exodus, Gavin Newsom, and Mainstream Media -
"You can't ask tough questions or follow-up questions because then that person would never come back," the comedian tells Reason's Nick Gillespie.
Brickbat: Cop Out -
A Colorado jury awarded former New Jersey investment manager Robert Dial $24 million after finding that a police detective wrongfully…
The post Brickbat: Cop Out appeared first on Reason.com.
Open Thread -
What’s on your mind?
The Foreign-Born Heroes Who Chose America -
Immigrants have fought for America's founding promise because they understood it, not because they inherited it.
Today in Supreme Court History: May 25, 1861 -
5/25/1861: John Merryman arrested. Chief Justice Taney ruled that his detention was unconstitutional in Ex Parte Merryman.
The post Today in Supreme Court History: May 25, 1861 appeared first on Reason.com.
Japan's Smoking Bans Make a Lot More Sense Than America's -
Owners of small restaurants and bars can decide whether to allow smoking, and customers can choose for themselves whether to patronize them.
Cato Institute
Tenth Amendment Center
They’re not Saving America. They’re Killing it. -
Written almost 300 years ago, it was so prophetic, it sounds like it was written today. A warning about the dangerous cult that promises to protect your country - but is really killing it. On this episode, it’s the true enemy within, destroying freedom.
The post They’re not Saving America. They’re Killing it. appeared first on Tenth Amendment Center.
This Isn’t Rebellion. It’s Survival. -
“Unconditional submission” or “resistance by force.” Thomas Jefferson, John Dickinson, and the Second Continental Congress said those were their two terrible options less than 3 months after the battles of Lexington and Concord. Live on their knees or fight to the death. They chose the latter. On this episode, it’s one of the most important, but forgotten and ignored documents of the American R...
Founding Felons: Jefferson Would Be on a Watch List Today -
What we’re dealing with today is a government that wants to suppress dangerous words—words about its warring empire, words about its land grabs, words about its militarized police, words about its killing, its poisoning and its corruption—in order to keep its lies going.
The post Founding Felons: Jefferson Would Be on a Watch List Today appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
🔒 A Win for Encrypted Messaging | EFFector 38.10 -
When it comes to keeping our texts, chats, and other digital messages safe from prying eyes, we have a powerful tool: end-to-end encryption. Used correctly, end-to-end encryption turns our conversations online into secret messages that can only be decoded by their intended recipients. In our latest EFFector newsletter, we're covering new developments in this tool, and how you can use it to prev...
Microsoft Took a Step Toward Human Rights Accountability. Google and Amazon (and Others) Should Pay Attention! -
For years, civil society organizations, workers, journalists, and human rights experts have warned that major technology companies risk enabling grave human rights abuses when they provide cloud computing, AI, and surveillance infrastructure to governments implicated in violations of international and humanitarian law. While many companies pay lip service to evaluating customers and contracts f...
Your Privacy Shouldn't Be A Corporate Decision -
“We will launch during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns.”-Meta Internal Document on face recognition software for smart glasses, 2025
It’s unsurprising that a company would plan to release yet another privacy-invasive product. What is surprising is that they think we aren’t watc...
The Institute For Justice - Press Releases
Appeals Court Upholds Ruling That City Must Compensate Innocent Woman After SWAT Team Destroyed Her Home -
NEW ORLEANS—Today, the 5th U.S. Circuit Court of Appeals upheld a lower court decision that ruled the city of McKinney, Texas, must pay compensation to an innocent woman after a SWAT team […]
The post Appeals Court Upholds Ruling That City Must Compensate Innocent Woman After SWAT Team Destroyed Her Home appeared first on Institute for Justice.
Court to Hear U.S. Citizen’s Lawsuit Demanding an End to Unconstitutional Raids and Detentions at Alabama Construction Sites -
DATE/TIME: Wednesday, May 27, 2026 / 10:30 a.m. CDT PLACE: U.S. District CourtSouthern District of Alabama155 Saint Joseph St.Mobile, AL 36602 SUMMARY: The U.S. District […]
The post Court to Hear U.S. Citizen’s Lawsuit Demanding an End to Unconstitutional Raids and Detentions at Alabama Construction Sites appeared first on Institute for Justice.
Institute for Justice Applauds Tennessee for Removing Burdensome Regulations for Makeup Artists -
ARLINGTON, Va.—Yesterday, HB 2530, sponsored by Rep. William Lambeth and a companion to Sen. Jack Johnson’s SB 2224, was signed by Gov. Bill Lee. The […]
The post Institute for Justice Applauds Tennessee for Removing Burdensome Regulations for Makeup Artists 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
PA: URGENT: Pass Constitutional Carry, Strengthen Preemption, and Stop Retaliatory Gun Control! -
URGENT: Pass Constitutional Carry, Strengthen Preemption, and Stop Retaliatory Gun Control! The battle lines are drawn in Harrisburg, and we have a historic opportunity to secure our liberties—but only if we act immediately! Right now, we are fighting on multiple fronts to protect our God-given rights, and the gun grabbers are throwing an absolute temper tantrum because we are … Read more
Repealing The Hughes Amendment With Your Help! -
ABOLISH THE HUGHES AMENDMENT! GOA-backed legislation introduced by Rep. Jimmy Patronis repeals the Hughes Amendment, making post-1986 machineguns legal… Representative Jimmy Patronis has just introduced a GOA-backed bill: the “Firearm Freedom Act” This bill fully repeals the dreaded Hughes Amendment, which banned the sale of automatic firearms manufactured after 1986. The Hughes Amendment was a...
Gun Owners of America Endorses Rep. Boebert’s Bill to Eliminate Tax on Automatic Weapons -
Gun Owners of America Endorses Rep. Boebert’s Bill to Eliminate Tax on Automatic Weapons FOR IMMEDIATE RELEASE May 20, 2026 Washington, D.C. – Gun Owners of America (GOA) is proud to endorse Representative Lauren Boebert’s bill introduced today on the week of the 40th anniversary of the Hughes Amendment becoming law. The Freedom from Taxes Act of 2026 would reduce … Read more
Banking Dive
Cyber risk management 101 for C-suite finance executives -
Cyber risk is now a business risk. Learn how financial leaders can strengthen resilience.
Goldman Sachs to pay shareholders $500M in 1MDB settlement -
“The settlement is an outstanding result for the class,” attorneys for Sjunde AP-Fonden, a Swedish pension fund, wrote in the filing.
Morgan Stanley exemption comes under fire -
Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.
StanChart CEO apologizes over ‘lower-value human capital’ comment -
CEOs from JPMorgan Chase, HSBC and Barclays added their takes to polarizing remarks by StanChart chief Bill Winters, in explaining his bank's increasing embrace of AI.
OCC’s Gould justifies conditional trust charter approvals -
“We don’t have a zero risk tolerance anymore,” the comptroller said at an event Wednesday, adding that “a reasonable chance of success” is “how we evaluate applications.”
American Banker
Bank of International Settlements
Overseeing banks' governance: can we do it better? -
Speech by Mr Fernando Restoy, Chair, Financial Stability Institute, at the 2026 Corporate Governance Summit, Bangko Sentral ng Pilipinas (BSP), Manila, 25 May 2026.
Disciplining digital risk: evidence from cyber stress tests -
by Nordine Abidi, Leonardo Gambacorta, Christoffer Kok, Leonardo Madio, Ixart Miquel-Flores, Alberto PartidaInvestment in cybersecurity in an interconnected banking system has public-good properties: positive externalities can generate systemic underinvestment. Using confidential supervisory data from the European Central Bank, we first identify "laggard" European banks that underinvest relativ...
Capital flows, exchange rates and financial conditions in EMEs in an evolving international monetary system -
The papers in this volume reflect the key themes discussed at the meeting, exploring the intersection of global and domestic factors shaping EMEs' financial conditions. They examine the evolving dynamics of capital flows and exchange rates, the role of local and foreign investors and the transmission of global financial shocks to EMEs.
Federal Reserve - Press Releases
FDIC - Press Releases