Kitco News
Wall Street on the fence about gold’s direction, Main Street strengthens its bullish bias as debt worries mount -
The latest Kitco News Weekly Gold Survey showed industry experts on the fence about gold’s near-term prospects, while retail traders strengthened their bullish bias.
Affluent investors more than double their gold holdings, 50% look to own gold in the next 12 months - HSBC -
(Kitco News) - While central banks have attracted significant attention for their continued appetite for gold, they are not the only buyers in the marketplace. Affluent investors—those with at least $100,000 in assets—are also showing increased interest in the precious metal, according to a study from HSBC.
Solid employment data dampens gold, but deficit concerns continue to support prices -
(Kitco News) - After holding critical support near $3,250 an ounce, the gold market is poised to end a shortened trading week with solid gains. However, according to some analysts, the precious metal still lacks a strong bullish catalyst to break out of its current consolidation phase.
Spot gold at $3,333/oz after ISM Services PMI rises to 50.8 in June -
(Kitco News) – The U.S. service sector improved on balance last month, with business activity and prices improving while employment worsened, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Thursday morning that its Services Purchasing Managers Index rose to 50.8 in June, up from May’s reading of 49.9. The data was better than expected, as econom...
Gold trading at session lows after U.S. economy created 147K jobs in June -
(Kitco News) - The gold market is struggling to find its footing as the U.S. labor market remains robust with the U.S. economy creating more jobs than expected last month.
Gold prices slide to session lows after U.S. weekly jobless claims fall to 233k -
(Kitco News) - Gold prices fell to fresh session lows following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was below economists’ forecasts.Initial claims for state unemployment benefits came in at seasonally adjusted 233,000 for the week ending June 28, the Labor Department announced on Thursday. The numbe...
Gold and silver prices poised for further gains amid mounting economic risks - Sprott's McIntyre -
(Kitco News) - Gold prices have pushed back into familiar territory above $3,300 an ounce, while silver prices continue to consolidate above $36 an ounce. One portfolio manager says both precious metals have room to run higher.
$3,000 is the new normal for gold, says abrdn’s Robert Minter - here’s why -
(Kitco News) - Gold prices are consolidating above $3,300 but are struggling to build new bullish momentum as investors try to get comfortable with these elevated levels. However, one fund manager argues that the value is completely justified.
Gold will consolidate in H2 2025 as haven demand flags, US tariffs and equity volatility will drive prices - FOREX.com’s Razaqzada -
(Kitco News) – Gold’s record run in the first half of 2025 is likely to give way to consolidation in H2 as safe haven demand cools, but U.S. trade policy and equity volatility will remain key price drivers, according to Fawad Razaqzada, Market Analyst at City Index and FOREX.com.
Gold, silver gain as U.S. jobs report on deck -
(Kitco News) - Gold and silver prices are firmer in uneventful midday U.S. trading Wednesday. Traders of the two precious metals are awaiting a major U.S. economic report on Thursday morning.
Zero Hedge
New York Times Struggles To Explain Why It Reported News To Traumatized Readers -
New York Times Struggles To Explain Why It Reported News To Traumatized Readers
Authored by Jonathan Turley,
This week, the New York Times experienced an uprising in its ranks and among its readers. The paper was denounced by its own staff and liberal pundits called for the entire editorial staff to be canned.
Why?
Because The New York Times actually reported news that was deeme...
300% Increase In American Investors Defrauded By 'Pump'n'Dump' Stock Fraud: FBI -
300% Increase In American Investors Defrauded By 'Pump'n'Dump' Stock Fraud: FBI
Authored by Naveen Athrappully via The Epoch Times,
There has been a surge of criminals targeting stock investors in the United States in a “ramp-and-dump” stock manipulation scheme via messaging apps and social media platforms, the FBI said in a July 3 alert.
In the scheme, “investment clubs” are p...
Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Violent -
Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Violent
In a role reversal that underscores a universal resentment of economic and social impacts caused by a major influx of foreigners, demonstrators marched in Mexico City on Friday to protest against the city's status as a hot new residential destination for American ex-pats and remote workers. Though it starte...
America's "Healthcare" System Is Now A Structured Financial Skim/Scam -
America's "Healthcare" System Is Now A Structured Financial Skim/Scam
Authored by Charles Hugh Smith via OfTwoMinds blog,
"Healthcare" grift, graft, fraud and financialized skims / scams will bankrupt the nation.
I've been writing about America's healthcare system for 18 years, emphasizing two enduring themes: 1) our lifestyle is unhealthy, with predictable consequences and 2) he...
'Fact Checkers' Claim NY Mayoral Candidate's "Seize The Means Of Production" Remark Isn't Communist -
'Fact Checkers' Claim NY Mayoral Candidate's "Seize The Means Of Production" Remark Isn't Communist
Authored by Steve Watson via Modernity.news,
An open Communist is on the verge of becoming the Mayor of New York, yet the self appointed Ministry of Truth wants Americans to believe that it’s totally not Communist ideology to advocate for “seizing the means of production.”
Zohran...
NATO's Rutte Warns Of Chinese-Russian Red Dawn As Medvedev Suggests He's "On Magic Mushrooms" -
NATO's Rutte Warns Of Chinese-Russian Red Dawn As Medvedev Suggests He's "On Magic Mushrooms"
NATO Secretary-General Mark Rutte has gone full 'Red Dawn' - warning that China and Russia might orchestrate simultaneous invasions of Taiwan and Europe to destabilize the Western alliance.
“If Xi Jinping would attack Taiwan, he would first make sure that he makes a call to his very jun...
What Prevents Trump From Implementing The "Chainsaw" Approach Like Milei? -
What Prevents Trump From Implementing The "Chainsaw" Approach Like Milei?
Authored by Daniel Lacalle,
In recent months, many libertarians have criticised Donald Trump’s economic policies, arguing that he is not implementing drastic public spending cuts like Javier Milei has done in Argentina.
However, this comparison ignores key structural and contextual differences between the...
Merchant Ship Attacked With RPGs In Southern Red Sea Chokepoint -
Merchant Ship Attacked With RPGs In Southern Red Sea Chokepoint
On Saturday evening, air raid sirens sounded across the Dead Sea region and parts of the West Bank following the launch of a ballistic missile from Yemen toward Israel. The launch, attributed to Iran-backed Houthi forces, marks an alarming expansion of their missile capabilities beyond the Red Sea maritime chokepoint....
Turkey Arrests Three More Opposition Mayors, After Istanbul's Imamoglu Detained -
Turkey Arrests Three More Opposition Mayors, After Istanbul's Imamoglu Detained
Via Middle East Eye
Three opposition mayors have been arrested in Turkey in what the Republican People's Party (CHP) have a branded a "political operation". Adana Mayor Zeydan Karalar, Antalya Mayor Muhittin Bocek and Adiyaman Mayor Abdurrahman Tutdere were all arrested on Saturday as part of an invest...
Zelensky's Latest Call With Trump Was 'Most Productive' He's Ever Had -
Zelensky's Latest Call With Trump Was 'Most Productive' He's Ever Had
The White House rhetoric on Ukraine could be slowly shifting, after President Trump said he was "very unhappy" with a Thursday phone call with Russian President Vladimir Putin.
After a single night's record drone attack of some 500 UAVs sent on Ukraine, Trump said "It just seems like he wants to go all the way a...
MarketWatch - Top Stories
Delta kicks off second-quarter earnings this week. But is 2025 already a ‘lost year’ for airlines? -
The second-quarter earnings season will begin a little more quietly than usual this week, with results from Delta Air Lines due on Thursday. Wall Street’s advice? Keep expectations low.
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1 -
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.
The stock-market rally is broadening beyond Big Tech. Will consumer stocks bounce back in the second half of the year? -
From cyclicals to small caps, more stocks are joining the charge that has sent the S&P 500 and the Nasdaq Composite to all-time highs.
‘I do all the yard work, cooking and cleaning’: I live with my daughter and her lazy boyfriend. She wants me to buy her house. Do I say yes? -
“When I say anything, I am immediately wrong, unless my daughter wants something.”
My job is offering me a payout. Should I take a $61,000 lump sum — or $355 a month for life? -
“My S&P 500 investments have roughly doubled every seven years.”
Can Sean ‘Diddy’ Combs recover financially now that he’s been found not guilty of the worst charges? -
The hip-hop mogul has already seen his net worth plummet from $900 million to $400 million, according to one estimate.
‘I’m single’: At 70, I have $500,000 in stocks and $220,000 in savings. How do I invest my $130,000 windfall? -
“I’m receiving enough Social Security to live on.”
‘She’s in a shaky marriage that could soon end’: Will my daughter’s husband get my IRA when I die? -
“I’m 84 and widowed. My daughter is the beneficiary of my IRA and the successor trustee for my revocable living trust.”
Stock-market investors went from panic to ‘Goldilocks.’ Are they getting ahead of themselves? -
Will “strength beget strength” as stock-market investors await a key tariff deadline?
My wife and I are in our late 60s. Do I sell stocks to pay our $30,000 credit-card debt — or do it gradually over 3 years? -
“We have around $375,000 in investments in mutual funds and stocks with Morgan Stanley.”
CNBC Top News
CNBC Economy
Here's where the jobs are for June 2025 — government sector leads the way -
State and local government job growth boosted the U.S. labor market in June.
U.S. payrolls increased by 147,000 in June, more than expected -
Nonfarm payrolls were expected to increase 110,000 in June. The unemployment rate was forecast to rise to 4.3%.
With June jobs report looming, DOGE government layoffs could start becoming a factor -
A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking for employment.
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says -
Economists polled by Dow Jones forecast an increase of 100,000 for the month.
Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows -
The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones consensus.
GATA
China snaps up mines around the world in rush to secure resources -
By Camilla Hodgson, Leslie Hook, and Edward WhiteFinancial Times, LondonSunday, July 6, 2025
Chinese mining acquisitions overseas have hit their highest level in more than a decade as companies race to secure the raw materials that underpin the global economy in the face of mounting geopolitical tension.
There were 10 deals worth more than $100 million last year, the highest since 2013, accordi...
Only JPM and Citi are long-term short in gold, trading for Fed, Maguire tells LFTV -
5:40p ET Friday, July 4, 2025
Dear Friend of GATA and Gold:
JPMorganChase and Citibank and the only two bullion banks with long-term short exposure in the gold market and are trading for the Federal Reserve, London metals trader Andrew Maguire tells the TF Metals Report's Craig Hemke on this week's edition of Kinesis Money's "Live from the Vault" program.
... Dispatch continues below ...
... A...
Alasdair Macleod: First half 2025 analysis of the precious metals -
By Alasdair MacleodGoldMoney, TorontoFriday, July 4, 2025
It’s been a spectacular 2025 for precious metals so far. Will it continue into H2? With fiat currencies losing credibility, the answer is a resounding yes.
In quiet trading during a week foreshortened by U.S. Independence Day, gold has held up well, while silver has been squeezed higher. In European trading this morning, gold was $3,340,...
Stuart Englert: The incremental steps toward sound money -
By Stuart Englertstuartenglert.substack.comFriday, July 4, 2025
If you want a pocketbook example of how far the United States has strayed from the supreme law of the land, look no further than the nation's money.
Today's dollar is nothing like it was intended when the U.S. Constitution was written and ratified nearly 240 years ago.
... Dispatch continues below ...
... ADVERTISEMENT ...
The Gol...
Hong Kong investors triple gold holdings in rush to haven asset, HSBC survey finds -
By Cao LiSouth China Morning Post, Hong KongThursday, July 3, 2025
Affluent investors in Hong Kong have nearly tripled their allocation to gold amid economic and geopolitical uncertainties, according to an HSBC survey.
Individual investors in the city with US$100,000 to US$2 million in investible assets had allocated 11% of their portfolios to gold and other precious metals, up from 4% a year a...
Wolf Street
Legal Tender News
CoinDesk
TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt -
Stake $100K in Toncoin and pay a $35K fee for a UAE Golden Visa, says TON Foundation; community debates legitimacy and government support.
Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Trade Deals Before Liberation Day Tariff Deadline -
Bitcoin briefly topped $109,000, while XRP, Solana's SOL, and dogecoin saw notable gains.
Bitcoin's 'Mempool' Nearly Empty as Prices Trade Near Lifetime Highs -
Almost all of Bitcoin's actual users have gone away, one observer said, warning of a major crisis.
Chart of the Week: Wall Street Has Claimed Bitcoin—Now What? -
Bitcoin's correlation with U.S. equities is still very high, while it has almost zero relation to gold and USD.
Ethereum Touted as ‘Foundational Layer for Global Finance’ by Firm With $500M ETH Bet -
ETH stabilizes above $2,500 as SharpLink Gaming reiterates its treasury strategy and says Ethereum is becoming finance’s foundational layer.
Crypto, Cash, and Condos: Singapore Ends $2.2B Laundering Case With Fines -
Singapore hits banks with $21.5M in fines over a $2.2 billion money laundering scandal involving cash, property and crypto
Bitcoin Cash Rally Accelerates on Whale Activity and Bullish Technical Signals -
BCH sees heightened whale activity and rising open interest as traders weigh speculation against weak on-chain usage and recent suspicious transactions.
U.S. Exceptionalism Is Alive and Well as Nasdaq Outperforms Global Peers: Macro Markets -
The resurgence of U.S. exceptionalism may positively impact bitcoin and stabilize the U.S. dollar.
Drake Compares Fake Friends to Bitcoin's Volatility: ‘Down This Week, Up Next’ -
From rap verses to million-dollar crypto wagers, Drake’s high-stakes love affair with bitcoin keeps unfolding.
FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership -
FLOKI is doubling down on utility with a Valhalla MMORPG mainnet launch and new Method partnership aimed at attracting Web3 and traditional gamers.
bitcoin.com
Standard Chartered Predicts Bitcoin to Smash $135K by Q3, $200K by Year-End -
Standard Chartered projects bitcoin to blast past $135,000 by Q3 and hit $200,000 by year-end, driven by ETF momentum, institutional demand, and U.S. policy catalysts. Bitcoin Targets $200K by Year-End With ETF Surge and US Policy Tailwinds Robust institutional demand and evolving U.S. policy frameworks are driving forecasts for bitcoin to achieve all-time highs in […]
RWA Leader Ondo Finance Acquires Oasis Pro, Gaining Key US Securities Licenses -
Ondo Finance, a blockchain technology company specializing in tokenized real-world assets (RWAs), has agreed to acquire Oasis Pro, a U.S. Securities and Exchange Commission (SEC)-registered broker-dealer and fintech infrastructure provider. Deal Gives Ondo Finance SEC-Registered Platforms for Tokenized Securities The acquisition grants Ondo Finance Oasis Pro’s licenses, including its status as ...
Crypto Bullion Goes Viral: XAUT Holders Soar 172% in Gold-Backed Token Frenzy -
Since late 2024, gold has climbed over 27% against the U.S. dollar, and that upward move has ignited a wave of interest in tokenized gold coins. The leading digital gold tokens have seen their holder counts balloon anywhere from 38% to a whopping 172% since the end of last year. Tether and Paxos Rule the […]
Is Silver Set to Explode? Predictions Target $50 Price Tag by Year’s End -
While gold has glittered in 2025, a growing number of prediction sites and financial analysts believe silver might steal the spotlight, with projections hinting at a climb past $50 per ounce by year’s end—driven by industrial appetite and economic jitters. Silver Bulls Roar: $50 Target in Sight as 2025 Precious Metal Trends Heat Up Silver […]
Bullish Bitcoin Bets Soar on Prediction Markets, $150K in Sight -
Traders on leading prediction markets are placing increasingly bullish bets that bitcoin ( BTC) will achieve record highs by the end of 2025, with overwhelming odds favoring a surge past $120,000. Prediction Markets Signal Confidence in Bitcoin Price Surge to $125K+ Prediction markets let traders buy and sell contracts tied to the outcome of real-world […]
Reason
Cato Institute
Tenth Amendment Center
Don’t Miss the Most Important Part of the Declaration -
Remember – Save the best for last! Don’t miss the most important part of the Declaration of Independence. It’s at the very end. “These United Colonies are, and of Right ought to be Free and Independent States.” @tenthamendmentcenter Declaration of Independence: DON'T miss the MOST Important Part #history #liberty #americanrevolution #july4th #independenceday #4thofjuly #libertarian #founders […...
Now in Effect: Georgia Law Expands Right to Try Act -
As originally enacted in 2016, the Georgia Right to Try enabled terminally ill patients to access medications and treatments that do not have final FDA approval. Sponsored by Matt Brass and a large coalition of cosponsors, Senate Bill 72 (SB72) expands the law to allow non-FDA-approved treatment options for patients suffering from severely debilitating or life-threatening illnesses.
The post No...
Now in Effect: South Dakota Law Bans Credit Card Codes that Track Gun Purchases -
The new law bars financial institutions operating in the state from requiring “the use of a firearms code in a way that distinguishes a firearms dealer physically located in this state from a general merchandise retailer or a sporting goods retailer located in this state.”
The post Now in Effect: South Dakota Law Bans Credit Card Codes that Track Gun Purchases first appeared on Tenth Amendment ...
Electronic Frontier Foundation
How to Build on Washington’s “My Health, My Data” Act -
In 2023, the State of Washington enacted one of the strongest consumer data privacy laws in recent years: the “my health my data” act (HB 1155). EFF commends the civil rights, data privacy, and reproductive justice advocates who worked to pass this law.
This post suggests ways for legislators and advocates in other states to build on the Washington law and draft one with even stronger protectio...
🤫 Meta's Secret Spying Scheme | EFFector 37.7 -
Keeping up on the latest digital rights news has never been easier. With a new look, EFF's EFFector newsletter covers the latest details on our work defending your rights to privacy and free expression online.
EFFector 37.7 covers some of the very sneaky tactics that Meta has been using to track you online, and how you can mitigate some of this tracking. In this issue, we're also explaining the...
Podcast Episode: Cryptography Makes a Post-Quantum Leap -
The cryptography that protects our privacy and security online relies on the fact that even the strongest computers will take essentially forever to do certain tasks, like factoring prime numbers and finding discrete logarithms which are important for RSA encryption, Diffie-Hellman key exchanges, and elliptic curve encryption. But what happens when those problems – and the cryptography they und...
Electronic Privacy Information Center
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
GOA to File “One Big Beautiful Lawsuit” Against NFA Registry as “One Big Beautiful Bill” Heads to President’s Desk -
GOA to File “One Big Beautiful Lawsuit” Against NFA Registry as “One Big Beautiful Bill” Heads to President’s Desk FOR IMMEDIATE RELEASE July 3, 2025 Washington, D.C. –Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside our allies Palmetto State Armory (PSA), the Firearms Regulatory Accountability Coalition (FRAC), Silencer Shop (SS), and B & T USA (B&T), are … Read more
MI: Correction SB 409 is Pro Second Amendment -
Gun Owners of America is issuing a correction regarding Senate Bill 409, which we previously labeled as anti-Second Amendment. After further review, SB 409 is a pro-gun bill that deserves our full support. This bill is part of a broader Constitutional Carry package (including SB 406, 407, 408, 409, and 410) that works to restore your natural right to carry … Read more
Urgent: We Can Still Gut the NFA! -
URGENT ACTION NEEDED Tell your representative to support Rep. Clyde’s amendment to repeal the NFA’s tax and registration requirements on suppressors and short-barreled firearms as part of President Trump’s One Big, Beautiful Bill! 📞 Call (202) 225-3121 Rep. Andrew Clyde has introduced a bold amendment to begin to REPEAL the NFA as part of President Trump’s One Big, Beautiful Bill. … Read more
Banking Dive
American Banker
Bank of International Settlements
Christine Lagarde: Strategy assessment - lessons learned -
Introductory speech by Ms Christine Lagarde, President of the European Central Bank, at the opening reception of the ECB Forum on Central Banking 2025 "Adapting to change: macroeconomic shifts and policy responses", Sintra, 30 June 2025.
Joachim Nagel: Current and future monetary policy challenges facing the Eurosystem -
Text of the 20th Walter Eucken Lecture by Dr Joachim Nagel, President of the Deutsche Bundesbank, at the Walter Eucken Institute, University of Freiburg, Freiburg, 23 June 2025.
Philip R Lane: Monetary policy - new challenges -
Speech by Mr Philip R Lane, Member of the Executive Board of the European Central Bank, at the Barclays-Centre for Economic Policy Research (CEPR) International Monetary Policy Forum 2025, London, 24 June 2025.
Federal Reserve - Press Releases
FDIC - Press Releases
Press Release: FDIC Issues List of Banks Examined for CRA Compliance -
PRESS RELEASE | JULY 3, 2025
FDIC Issues List of Banks Examinedfor CRA Compliance
WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). Th...
Press Release: Coleman County State Bank, Coleman, TX, Acquires Insured Deposits of The Santa Anna National Bank, Santa Anna, TX -
PRESS RELEASE | JUNE 27, 2025
Coleman County State Bank, Coleman, TX, Acquires Insured Deposits of The Santa Anna National Bank, Santa Anna, TX
WASHINGTON – The Santa Anna National Bank of Santa Anna, Texas, was closed today by the Office of the Comptroller of the Curre...