Kitco News
What’s next for gold after the 200-day moving average breaks? -
(Kitco News) - Gold and silver investors aren’t heading into the weekend with much to feel good about.
Wall Street brimming with bears after gold's breakdown, Main Street pessimism persists as inflation data takes center stage -
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold’s near-term prospects, while Main Street grew more pessimistic after gold’s week of weakness.
Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dollar and triggered heavy selling across precious metals.
Gold breaks below key technical support, but analysts see a buying opportunity -
(Kitco News) - Inflation fears on multiple fronts have taken their toll on the gold market, with prices breaking below a critical long-term support level.
Mining M&A enters new phase as investors demand growth, execution | Adshead-Bell -
(Kitco News) Higher metals prices are giving mining companies more capital and more strategic options, but investors are becoming less tolerant of complicated portfolios, missed guidance and weak technical oversight, according to Nicole Adshead-Bell, director of Cupel Advisory.
Gold demand will drop this year even as supply increases, but average price will still rise 43% in 2026 – Metals Focus -
(Kitco News) – The global gold supply will see modest growth in both mine production and recycling in 2026, even as gold demand is projected to decline as double-digit losses in jewelry and central bank purchases are offset by increased investor appetite for bars and coins, which will replace jewelry as the largest component of demand for the first time, while the annual average gold price is f...
Gold slips below $4,500 as strong jobs report hits rate-cut trade - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in early U.S. trading Friday, after stronger-than-expected U.S. payrolls lifted Treasury yields, firmed the dollar and pressured the rate-cut trade.
Gold price see solid selling pressure as U.S. economy created 172k jobs in May -
(Kitco News) - The gold market is seeing surging selling pressure as the U.S. economy created far more jobs than expected, raising expectations that the Federal Reserve has room to raise interest rates to cool inflation.
Deglobalization sparks race for strategic resources, driving gold and copper outlook - Sohn Montreal -
(Kitco News) - A shift in the global economic order is triggering a worldwide race for physical resources, creating the conditions for a sustained commodity bull market and reinforcing gold's role as a critical reserve asset, according to two leaders in global financial markets.
Gold and silver gain with risk assets as crude retreats on deal hopes - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as weaker crude oil, softer Treasury yields and a lower U.S. dollar supported precious metals ahead of Friday’s May employment report.
Zero Hedge
An Emerging Market Crisis In Oil-Poor Asia? -
An Emerging Market Crisis In Oil-Poor Asia?
Authored by Satyajit Das via NewIndiaExpress,
Reliable availability of cheap energy is, as the Iran war highlights, essential to modern economies and societies, at least for the foreseeable future. Shocks divide the world into the oil haves and oil have-nots.
Alongside higher energy prices, shortages of petrochemical derived chemicals w...
Watch: More Evidence Iran Is Rapidly Restoring Its Missile Tunnels -
Watch: More Evidence Iran Is Rapidly Restoring Its Missile Tunnels
President Trump has newly estimated that Iran has 21%-22% of its missiles remaining. Trump said in an interview with NBC: "They have some missiles and drones, percentage-wise maybe 21%-22% of the missiles. That's a lot, but it's not what it was before the war."
He and top White House officials had previously mused ...
A New Shortcut To Quantum Entanglement -
A New Shortcut To Quantum Entanglement
Authored by University of Chicago via ScienceDaily,
Many of the most promising quantum technologies, including advanced sensors and future quantum computers, depend on a phenomenon known as entanglement, where particles become deeply connected and influence one another in ways that cannot be explained by classical physics. Creating the comple...
UN Food Agency Warns Millions Pushed Into Hunger By Prolonged Iran War -
UN Food Agency Warns Millions Pushed Into Hunger By Prolonged Iran War
The United Nations food agency is sounding a catastrophic alarm on the macroeconomic fallout of the ongoing conflict in Iran and the Persian Gulf region. According to the World Food Programme (WFP), millions of people are actively being plunged into acute hunger due to the war - realizing a grim trajectory the a...
Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over -
Protesters Target NV Energy At Utility Conference As Anger Over Soaring Electricity Prices Boils Over
By Herman Trabish of UtilityDive
Protesters shouting affordability complaints and chanting slogans interrupted a speech by NV Energy President and CEO Brandon Barkhuff on Wednesday. Barkhuff was speaking to some 1,000 utility executives and electricity industry stakeholders during...
Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon -
Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon
In a rare, major development related to the Israel-Hezbollah war, fresh Saturday Israeli airstrikes on Southern Lebanon on Saturday took out a group of Lebanese Army forces.
What's more is that several officers were reported killed: "Israeli airstrikes on southern Lebanon Saturday killed nine people includ...
Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims -
Obama-Appointed Judge Orders Trump Admin To Restart Processing Asylum Claims
Authored by Zachary Stieber via The Epoch Times,
The Trump administration must restart processing claims of asylum, a federal judge ruled on June 5.
Officials must also resume adjudicating requests for immigration benefits such as work permits from nationals of 39 countries from which President Donald Tr...
Facebook Marketplace Enters The AI Thirst-Trap Era -
Facebook Marketplace Enters The AI Thirst-Trap Era
Searching Facebook Marketplace in the AI era has revealed a strange new phenomenon: sellers are running product photos through chatbots or image generators to insert scantily clad women into listings.
This marketing ploy seemingly bets that thirst-trap imagery will boost clicks and improve the chances of selling whatever item is ...
Viral: Humanoid Robot Kicks Chinese Kid In The Stomach During Public Demonstration -
Viral: Humanoid Robot Kicks Chinese Kid In The Stomach During Public Demonstration
Authored by Jijo Malayil via Interesting Engineering,
A humanoid robot demonstration has sparked safety concerns after a video circulating on social media appeared to show a Unitree G1 robot accidentally kicking a young child during a public event.
The robot, which was performing a roundhouse kic...
Area 51 Mystery Jet Caught On Thermal Camera Sparks Sixth-Gen Stealth Fighter Speculation -
Area 51 Mystery Jet Caught On Thermal Camera Sparks Sixth-Gen Stealth Fighter Speculation
The military aviation and defense news blog The Aviationist has spent years tracking mysterious aircraft activity around U.S. restricted airspace. Its latest report highlights a thermal image that may reveal a previously unseen next-generation stealth fighter jet design featuring cranked-kite ...
MarketWatch - Top Stories
CNBC Top News
Chinese EVs may hit U.S. within a few years, one way or another -
Chinese electric vehicles are likely to be sold in the U.S. within years, despite tariffs, strict laws and opposition from the auto industry and politicians.
U.S. eyes Iranian assets for Gulf allies' reconstruction, source says -
U.S. Treasury Secretary Scott Bessent has also directed a team to assess the costs of damage already inflicted on Gulf allies by Iran, Reuters reported.
U.S. confirms second Texas screwworm case, Canada restricts livestock imports -
New World screwworm larvae feed on the living tissue of warm-blooded animals, creating severe wounds that can be fatal if left untreated.
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise -
As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.
Bank of America says these 'compelling' stocks are going higher -
Bank of America named a slew of stocks that are too attractive to ignore.
CNBC Economy
The May jobs report will be released Friday. Here's what to expect -
The stronger-than-expected start this year for job creation could be in for a reality check.
Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy -
Long-term unemployment can have ramifications on financial, emotional and family health that linger even after reentry into the workforce.
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports -
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices -
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
U.S., Iran intensify attacks as ceasefire frays, peace talks stall -
Iran's IRGC reportedly denied responsibility for the Kuwait airport attack, the latest blow to an already weakened ceasefire agreement.
GATA
Joseph Solis-Mullen: Sound money and the myth of militarism -
By Joseph Solis-MullenMoneyMetals.com, Eagle, IdahoFriday, June 5, 2026
One of the most common mistaken arguments against a return to sound money is that the dollar's international dominance supposedly depends upon American military supremacy.
According to this view, the United States cannot seriously consider restoring monetary discipline -- whether through embracing the classical gold standar...
Alasdair Macleod: Summer doldrums for the monetary metals -
By Alasdair MacleodGoldMoney, TorontoFriday, June 5, 2026
Over the last six months, gold and silver are barely changed. Investors are losing patience. It's time to stand back and examine the big picture and ignore short-term sentiment.
As our introductory chart shows, gold and silver are barely changed on the year. As a measure of investor sentiment, North American investors sold down 12 tonnes...
Maguire sees Western gold futures market collapsing; Steer talks with Commodity Culture -
10:52a ET Friday, June 5, 2026
Dear Friend of GATA and Gold:
Western gold futures markets are collapsing as China corners the world's physical gold markets, London metals trader Andrew Maguire tells this week's episode of Kinesis Money's "Live from the Vault" program at YouTube:
https://www.youtube.com/watch?v=j81nPyBJPeA
And GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver D...
Indian owner of Swiss gold refiner Valcambi investigated over $159 billion of inflated revenue -
By Ashutosh JoshiBloomberg NewsThursday, June 4, 2026
India's markets regulator has alleged that the owner of Swiss gold refiner Valcambi SA overstated revenue, according to an interim order issued today.
Mumbai-listed Rajesh Exports Ltd. misrepresented about 15.2 trillion rupees ($159 billion) -- equaling 99.80% of its revenues from subsidiaries over the five fiscal years through March 2025, t...
Robert Lambourne: BIS gold swaps soared in March before dropping in April -
By Robert LambourneThursday, June 4, 2026
Gold swaps undertaken by the Bank for International Settlements on behalf of its member central banks are estimated to have increased strongly in March, up 77 tonnes, rising from 104 tonnes to 181 tonnes, before falling by 47 tonnes to 134 tonnes in April.
This is still a notable increase from the swaps estimated at the end of last year, 56 tonnes.
... ...
Wolf Street
CoinDesk
Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion -
A week that began with Strategy's bitcoin sale ended with one of the largest crypto market drawdowns in years.
Meta is paying creators in Stablecoins. Spending them is someone else's problem -
Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, but it also exposes the industry’s unresolved problem: moving seamlessly from digital dollars to usable local currency.
America’s largest banks are building a new digital currency network to stop a massive deposit drain -
America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant form of cash on blockchain networks.
A crypto pioneer who turned a $20 million family stake into a billion-dollar fund doubles down on bitcoin -
Sourcing initial capital from his mother to build a $1 billion crypto empire, DFG CEO James Wo says market metrics do not support Tom Lee’s $250,000 ether prediction.
Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years -
The 1LwWt address received a legal notice from Salomon Brothers via Bitcoin's OP_RETURN field in July 2025 demanding the owner prove ownership by November 5, 2025.
A massive hiring wave reveals trading firms are no longer viewing Polymarket as a niche betting tool -
While rising volume on Polymarket and Kalshi is attracting quantitative firms to prediction markets, they aren't focusing on event outcomes; rather, they're exploiting market inefficiencies for profit.
Michael Saylor’s rallying cry: Bitcoin needs four forces to win -
The Strategy executive chairman argued that four distinct camps each play a vital role in bitcoin’s long-term success.
Are retail traders selling their bitcoin to buy the SpaceX IPO? -
Exchange flows and stablecoin movements through this week's sell-off show no wall of money leaving crypto for cash. Exchanges such as Robinhood and Coinbase will not publicly reporting their figures until July.
Researcher who found Zcash's bug with AI adds Monero to his audit queue -
Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.
WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it -
The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%.
bitcoin.com
From $255M to $13.7B in 6 Quarters: Leopold Aschenbrenner’s Massive Bet on AI Infrastructure -
Leopold Aschenbrenner just took Situational Awareness LP from $255M to $13.7B in only six quarters. His Q1 2026 filing dropped and one new move stands out as especially sharp. Full breakdown of what he’s doing with AI infrastructure stocks here 👇 The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data […]
Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’ -
Alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on September 1. The currency will integrate with the existing universal QR code payment system. Central Bank of Russia: Russian Banks Ready For Digital Ruble Launch While stablecoins have […]
7RCC Brings Bitcoin and Carbon Markets Together in New ETF Launch -
7RCC Global has launched BTCK, an exchange-traded fund (ETF) that combines 80% bitcoin exposure with 20% regulated carbon credit futures. The fund gives investors a listed product that blends digital assets with environmental commodities. BTCK Debuts on NYSE Arca With 80% Bitcoin and 20% Carbon Credit Exposure 7RCC Global has brought one of the crypto […]
6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto -
A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push […]
Bitcoin Sell-off Theory Points to Spacex, OpenAI, Anthropic IPO Mania Draining Crypto Cash -
Bitcoin’s sharp decline is fueling debate over whether investors are selling liquid crypto positions to chase the Spacex IPO and emerging AI opportunities. The theory points to liquidity pressure, ETF outflows, and Strategy’s small BTC sale as contributing factors. Bitcoin Bleeds as Spacex IPO and AI Demand Spark Capital Rotation Debate Bitcoin’s steep weekly drop […]
Reason
Cato Institute
Tenth Amendment Center
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.
Refuse to Comply: Madison’s Blueprint to Stop the Feds -
“A refusal to cooperate.” That’s the strategy James Madison gave us to stop federal programs. In Federalist #46, he laid out a series of steps to combat “unwarrantable measures of the federal government” along with those that are “warrantable” but “unpopular.” In other words, we can use his blueprint to combat unconstitutional acts, as well […]
The post Refuse to Comply: Madison’s Blueprint to ...
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.
Electronic Frontier Foundation
Internet Age-Gates Are a Growing Global Threat -
The internet is an essential resource for young people and adults to access information, explore community, and find themselves—both inside countries and across continents. Yet governments around the world continue to introduce and implement legislation requiring all online users to verify their ages before accessing the digital space. In some cases, politicians are going further, putting forth...
LGBT Q&A Season 1 Recap: Staying Safer Online -
Last year during LGBTQ+ Pride month, we launched an LGBT Q&A where we answered your most pressing digital rights questions on EFF’s Instagram and TikTok accounts.
Ahead of LGBT Q&A Season 2 launching next week, we’re posting a recap with some of the questions we answered. Check them out below.
You wanted to know: How to stay safe when dating online.
You asked: I'm a 17 year old trans woman a...
California’s AB 412 Still Demands Developers Do The Impossible -
California lawmakers are again considering A.B. 412, a bill that would require AI developers to identify and disclose copyrighted works used to train generative AI systems.
The problem this year is the same as last year: it’s practically impossible to comply with this law. The bill demands information that often does not exist, and cannot realistically be obtained.
EFF submitted an opposition...
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
PA: Stop the “Lock Up Your Safety” Bill in Harrisburg! -
Harrisburg Gun Grabbers Want to Criminalize Your Self-Defense! The anti-gun Democrats in Harrisburg are launching yet another direct assault on your God-given rights. On Monday, June 8th, the House Judiciary Committee is scheduled to hear two highly critical bills. This committee is run by Representative Tim Briggs (D-149), one of the most rabidly anti-gun members of the House who proudly … Rea...
SC: Can We Trust Stephen Goldfinch to be SC’s Top Cop? -
Gun Owners Should Remember Stephen Goldfinch’s Record on Constitutional Carry For nearly a decade, South Carolina gun owners fought to restore a simple principle: law-abiding citizens should not have to ask the government for permission before exercising their right to bear arms. That fight was long, difficult, and filled with obstacles. One of those obstacles was Senator Stephen Goldfinch. As ...
VA: GOA and VCDL Just Had a Major Win Against Universal Background Check Enforcement in Court! -
Today, Gun Owners of America and the Virginia Citizens Defense League won another major victory in our fight against Virginia’s unconstitutional Universal Background Check law. In Wilson v. Hanley, Judge Yeatts made it crystal clear that his statewide permanent injunction remains fully in effect and that Virginia law enforcement is expected to comply with that order. The court rejected efforts ...
Banking Dive
American Banker
Ramp raises $750 million, plans AI spending software -
The corporate finance fintech now has a $44 billion valuation and is building out an AI token spend management offering for its 7,000-plus enterprise customers.
FHA commissioner Frank Cassidy resigns from post -
The announcement follows a leave of absence in which Ginnie Mae President Joe Gormley helped cover the Federal Housing Admission Commissioner's responsibilities.
When sports gambling gets legalized, delinquency rates rise -
Research from the New York Fed suggests that the legalization of sports betting has important implications for consumer lenders.
Provident Bank names new chief wealth officer -
New Jersey-based Provident Bank promoted Annamaria Vitelli to chief wealth officer and president of the bank's wealth management subsidiary; U.S. Bancorp completed its acquisition of the global investment bank BTIG on June 1; Centier Bank has been honored with the Indiana Bankers Association's Commitment to Community Award; and more in this weeks banking news roundup.
Tennessee remittance tax adds to Trump's immigration crackdown -
The bill imposes a $10 fee on transactions under $500 with an additional 2% fee for transactions exceeding that threshold. It comes amid continued pressure from the Trump administration, which has been pressing states to enforce its restrictive immigration policies and mass deportations.
Bank of International Settlements
The credibility of bail-in -
by Alessandro Di Stefano, Yvan Lengwiler, Kumar RishabhThe resolution framework for global systemically important banks has been over a decade in the making. The failure of Credit Suisse (CS) in March 2023 was its first major test. Authorities had a resolution plan in place but chose a different path amid financial stability concerns.
Piero Cipollone: Europe's money evolves so people's freedom to pay remains -
Introductory statement by Mr Piero Cipollone, Member of the Executive Board of the European Central Bank, at the Committee on Economic and Monetary Affairs of the European Parliament, Brussels, 3 June 2026.
Frank Elderson: Strengthening operational resilience for the age of AI -
Keynote speech by Mr Frank Elderson, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the Goldman Sachs European Financials Conference 2026, Zurich, 3 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases