Kitco News
Gold looks broken, but the only thing that has changed is the price -
(Kitco News) - The gold market just can't catch a break. What began as a correction from record highs has turned into a relentless selloff, with every major support level giving way. Some analysts are now warning that there are few meaningful technical levels below $4,000 an ounce.
Bears abound on Wall Street and Main Street as markets digest Fed’s hawkish bias with June payrolls on deck -
The latest Kitco News Weekly Gold Survey showed bears still the preponderant force on both Wall Street and Main Street, with a dwindling minority of both camps expecting gains next week.
Gold, silver rebound as Fed hike odds cool after oil slide - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher after the North American cash-market close on Friday, as lower Treasury yields and a softer U.S. dollar helped precious metals recover while oil retreated despite renewed Strait of Hormuz tension.
Gold faces make-or-break week at $4,000 as Fed hawkishness fuels bearish outlook -
(Kitco News) - The gold market is ending the week in a precarious position as prices cling to what has become critical support near $4,000 an ounce. The precious metal is on track to post its fourth consecutive weekly loss, its longest losing streak since August 2023.
Spot gold hits session high near $4,080/oz after final Consumer Sentiment rises to 49.5, one-year and long-term inflation expectations ease -
(Kitco News) - The gold market is trading at session highs after the latest data showed consumer sentiment in the U.S. improving, with both shorter and longer-term inflation expectations easing.
Gold and silver firm before U.S. open as dollar eases - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher ahead of the North American market open Friday, as a softer U.S. dollar gave metals room to rebound while traders balanced sticky inflation, Federal Reserve rate-hike risk and a less acute Strait of Hormuz shock.
Gold is going lower, but DeCarley Trading’s Garner sees one potential trade to play this summer -
(Kitco News) - Gold continues to hold support around $4,000 an ounce, but according to one market strategist, it's only a matter of time before the precious metal heads lower as it faces challenging headwinds from a stronger U.S. dollar.
Gold holds $4,000 as Fed hawkishness offsets renewed Gulf risk - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are firmer late Thursday as lower Treasury yields and a softer U.S. dollar helped metals rebound from Wednesday’s selloff while traders reassessed U.S.-Iran risk in the Strait of Hormuz.
Gold and silver slide amid dollar strength, but other headwinds are easing – Saxo Bank’s Hansen -
(Kitco News) – Gold’s break below $4,000 and silver’s slide below $60 has soured sentiment in the precious metals market, with the stronger dollar and last week’s hawkish FOMC the main short-term headwinds, but other headwinds are beginning to ease, according to Ole Hansen, head of commodity strategy at Saxo Bank.In a new analysis published Thursday, Hansen wrote that gold and silver are now fi...
Gold price could struggle through 2026 as it loses safe-haven status to US bonds - BI’s McGlone -
(Kitco News) - The bond market has been a significant headwind for the gold market as inflation fears have pushed yields higher in recent weeks, raising the opportunity cost of holding the non-yielding asset.
Zero Hedge
Iran Escalating With Drone Attack On Bahrain, Yet Another Hit On Foreign Vessel In Hormuz Strait -
Iran Escalating With Drone Attack On Bahrain, Yet Another Hit On Foreign Vessel In Hormuz Strait
A lot of escalation has ensued in the last 48 hours, after starting Thursday Tehran struck a commercial ship in the Strait of Hormuz, after which by end of Friday US CENTCOM confirmed a series of fresh attacks on Iranian missile and drone storage sites as well as coastal radar installat...
Federal Court Clears Way For Gulf Of America Energy Development -
Federal Court Clears Way For Gulf Of America Energy Development
Authored by Kimberley Hayek via The Epoch Times,
A federal court has quashed a lawsuit objecting to federal supervision of oil and gas operations in the Gulf of America following the government’s steps of exempting those activities from the Endangered Species Act (ESA), citing national security reasons.
The U.S. D...
Feds Nab Iranian In Montenegro Over Alleged $3.4BN Cyberattack Campaign Targeting US Institutions -
Feds Nab Iranian In Montenegro Over Alleged $3.4BN Cyberattack Campaign Targeting US Institutions
In the years leading up to President Trump coming into office and ordering Operation Epic Fury targeting the Islamic Republic for regime change, which failed to accomplish this (early-stated) goal, Iran had frequently been accused of orchestrating major cyberespionage campaigns targeti...
EU Joins US-Led Pax Silica Alliance To Secure AI Supply Chains -
EU Joins US-Led Pax Silica Alliance To Secure AI Supply Chains
Authored by James Xu via The Epoch Times,
The European Commission, Germany, Greece, and the Netherlands have joined the U.S.-led Pax Silica partnership, expanding a group focused on securing supply chains for artificial intelligence and other critical technologies.
Semiconductor chips on a circuit board of a computer o...
Zelensky Telegraphs 40-Day Pressure Offensive On Russia, Fueling Fears Of Slide Toward WW3 -
Zelensky Telegraphs 40-Day Pressure Offensive On Russia, Fueling Fears Of Slide Toward WW3
The Ukraine war is quite obviously escalating, especially regarding Ukrainian leaders seeking to "bring the war" to Russian soil, amid nightly drone attacks which have come in the hundreds and even thousands of late.
President Volodymyr Zelensky is seeking to seize on the momentum of repeat ...
When Extremists Run The Government -
When Extremists Run The Government
Authored by J.B. Shurk via American Thinker,
Two can certainly play the “extremist” game...
Politicians, government bureaucrats, central bankers, spy agencies, and mainstream news outlets lie to us every day.
For some people, the previous sentence is patently obvious. For others, that sentence represents “fringe” thinking. For certain law...
US Strikes Iran In Retaliation To Hormuz Ship Attack -
US Strikes Iran In Retaliation To Hormuz Ship Attack
Update (5:00pm ET): As was expected, the US retaliated against Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, a tit-for-tat exchange similar to one observed a week ago, and one which threatened to break the two countries’ fragile ceasefire although we doubt there will be further escalation.
US Centra...
Russia's Lavrov Admits That Anchorage Only Bought Time For Ukraine To Rearm -
Russia's Lavrov Admits That Anchorage Only Bought Time For Ukraine To Rearm
Authored by Andrew Korybko,
Lavrov sheepishly said during a roundtable event last week that “I do not even want to suspect that Alaska, like the actions of the Europeans, was designed to buy time to rearm the Kyiv regime. I don’t even want to think about it. But in reality, things turned out the way they d...
The Average Asian American Household Makes More Than Double That Of Blacks -
The Average Asian American Household Makes More Than Double That Of Blacks
Median household income differs significantly across racial and ethnic groups in the United States, with one group sitting well above the rest.
In 2024, Asian households reported a median income of $121,700, nearly $30,000 higher than White alone, non-Hispanic households and more than double the median inco...
The Other Problem With Socialism -
The Other Problem With Socialism
Authored by Chris Talgo via American Thinker,
In 1976, Margaret Thatcher said during a television interview, "Socialist governments traditionally do make a financial mess. They always run out of other people's money."
Over the years, that quote has been whittled down to the renowned proverb: The problem with socialism is that you eventually run ou...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Gold market manipulation hasn't gone away and GATA still needs your help -
10:55a ET Wednesday, June 24, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major long...
Alasdair Macleod: Last growl of the PM bear as China scoops up West's metal? -
By Alasdair MacleodGoldMoney, TorontoFriday, June 26, 2026
We are into contract expiry on Comex again. Silver's active July contract settles on Monday. Option expiry was yesterday. Are we now about to see gold and silver prices recover?
It has been a long slog lower with silver more than halving from the January 29 spike and gold losing over $1,500. It should be the paper markets' get-out-of-ja...
He found a sunken WWII sub after decades of searching and there might be 2 tons of gold on board -
Of course the Federal Reserve may have leased or swapped it already
* * *
By Elizabeth RaynePopular Mechanics, New YorkFriday, June 26, 2026
The Japanese Imperial Navy's I Go Dai Gojūni Sensuikan, or I-52 submarine, departed from Kure, Japan, en route to Nazi-occupied France on March 10, 1944. The submarine, codenamed Momi (which translates to "fir tree"), was set to rendezvous with a German U-...
Metals and mining bull market is still on, so learn about it in New Orleans -
GATA will be participating again and hopes you will be too.
* * *
Brien LundinPublisher, Gold NewsletterCEO, New Orleans Investment ConferenceFriday, June 26, 2026
I'm writing you today with some great news -- and an urgent recommendation.
We have put together one of the best rosters of market experts in the long history of the New Orleans Investment Conference.
And it's coming at the perfect t...
Mining entrepreneur Sprott surveys the damage and the anomalous fundamentals -
11:48p ET Thursday, June 25, 2025
Dear Friend of GATA and Gold (and Silver):
In a discussion this week with the TF Metals Report's Craig Hemke for the Sprott Money channel at YouTube, mining entrepreneur Eric Sprott surveyed the recent smashes in the gold and silver markets, indications of and potential mechanisms for market manipulation, the migration of gold and silver from the West to Asia, ...
Wolf Street
Legal Tender News
CoinDesk
Polymarket hack updated to $3.1 million days after the platform promised users full refunds -
The prediction markets giant is under investigation in connection with false or deceptive marketing practices, according to news reports.
Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license -
Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.
Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle -
There is no single cause for the crypto market's 50% decline over the past year, the Binance founder told CoinDesk.
Strategy's valuation has fallen below the value of its bitcoin holdings -
For years, investors had valued the firm well above its bitcoin holdings, giving Strategy massive flexibility to raise capital as needed — a situation Michael Saylor and team took full advantage of.
Ripple CEO stays bullish on bitcoin but says Saylor's strategy has hurt crypto -
Ripple's Brad Garlinghouse called Strategy's preferred-stock funding model "financial engineering" that distracted the market, pointing to STRC's slide to a record low as the evidence. He runs the company behind XRP, a bitcoin rival.
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers -
A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.
Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000 -
Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.
U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s -
Maxine Waters, the ranking Democrat on House Financial Services, asked the chief of the Department of Labor to withdraw its proposal on alternative assets.
Former Ethereum Foundation leader warns of funding gap as governance shifts -
A former Ethereum Foundation member says the network must quickly build new funding institutions as the Foundation steps back.
Anti-trafficking group says Clarity Act's Section 604 could weaken accountability -
An anti-human trafficking advocate said a Clarity Act provision could weaken accountability despite existing criminal laws.
bitcoin.com
Bitcoin Holds $60,000 but Bears Control — Key Levels Every Trader Needs Now -
Bitcoin (BTC) is trading at $60,262 on June 27, 2026, at 8:45 a.m. Eastern time with its market cap near $1.2 trillion and $26.3 billion in 24-hour volume, but the technical picture remains under pressure as every major moving average points lower and momentum indicators offer little conviction for bulls. 1-Hour Chart: Buyers Losing Steam […]
Trevor Kimani Pushes Kenya to Balance Crypto Rules as 2025 Framework Takes Shape -
Kenyan cryptocurrency leaders are urging closer cooperation with government regulators to help shape the nation’s emerging digital-asset framework. A New Era of Formal Oversight Cryptocurrency industry leaders have urged deeper collaboration with government agencies as Kenya advances work on its first comprehensive digital-asset regulatory framework. Speaking at a recent Bitcoin conference in N...
Nigeria, Rwanda Join Forces on Crypto Regulation to Counter Fraud -
Rwanda and Nigeria have signed a cooperation agreement between their respective financial regulatory bodies to deepen collaboration across capital markets and digital assets. Strengthening Regional Oversight Rwanda and Nigeria have signed a cooperation agreement to deepen collaboration across capital markets and digital assets, marking a significant step toward more coordinated cryptocurrency r...
Riot Games Makes Stake-Owned Kick an Official Esports Broadcaster, Just a Year After Rescinding Sponsor Ban -
Riot Games has named Kick, the streaming platform owned by the founders of crypto casino Stake, as an official broadcaster of its esports product. This is a full turnaround from its longstanding ban, which took place in multiple steps: about a year ago, it first allowed betting companies as team sponsors while insisting its own […]
Trader Turns FIFA World Cup Bets Into $8.47 Million Profit in a Single Day -
A prediction-market trader earned $8.47 million in a single day betting on the FIFA World Cup. The wagers spanned the Sweden-Japan and Ecuador-Germany fixtures. Two Wallets, Multimillion-Dollar Wagers According to Lookonchain, the trader created a fresh wallet a day earlier and placed $7.19 million on Sweden to win and Japan not to win their match. […]
Reason
Cato Institute
Tenth Amendment Center
Five Weapons. One Target: Your Freedom. -
The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted.
The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.
They’re not Grievances. They’re STOLEN Power -
Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...
Let’s Not Forget What Madison Said About War -
What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst.
The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF to Grindr: This Pride Month, Put Safety and Privacy Over Profits -
This Pride month, we’re calling on the dating app Grindr to prioritize LGBTQ+ user safety by making privacy the default across its platform. That means no more sharing personal data with advertisers or training AI on private information without users’ opt-in consent.
Grindr is a dating app for the LGBTQ+ community; and for queer people, privacy violations can have life-altering consequences. In...
Hate “The Algorithm?” RSS Is One of the Tools You’ve Been Looking For -
Poke your head into just about any online social network—or any general conversations about internet culture—and you’ll likely find a boogieman: the algorithm. Since at least the moment Facebook introduced (and apologized for) its News Feed, “the algorithm” has been shorthand for the ways the tech giants control what we see and when we see it. In the age of enshittification, there is a push to ...
Lawmakers Must Act Now to Prevent Armed Police Drones -
This is not science fiction. It’s not premature. If towns, cities, states, or the federal government want to act to reign in the emergence of armed police drones and robots, we have precious little time. In the absence of substantial regulation around when and how domestic law enforcement in the United States can deploy force using drones, the companies that markets technology to law enforcemen...
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
ATF Registry Rule DEAD, SCOTUS Win and GOA Calls Out Bad Law in Texas! -
Here’s What Happened at GOA Last Week! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s what we did… From defeating the ATF’s “Engaged in the Business” rule in federal court, to winning a Supreme Court case regarding gun owners who use marijuana, and exposing the injustice of a failure in Texas law that ended with a gun owner arrested — GOA has been … Read more
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban -
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...
One GOA Brief Changed Gun Rights Forever -
Here’s What Happened at GOA This Week! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s what we did… We at Gun Owners of America have been hard at work fighting for your rights this week. From Hosting National Women’s Range Day in New Hampshire, to highlighting our work defining the legal interpretation of the … Read more
Banking Dive
American Banker
Clash of titans: GSIB proposal pits megabank against megabank -
JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
Housing bill expected to become law — sooner or later -
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
Airwallex announces $320 million fundraise and CFO hire -
The global payments platform, which recently expanded to the U.S., also plans to build new autonomous finance and agentic commerce products.
Epstein victim says Puerto Rico bank facilitated his crimes -
A new lawsuit seeking class-action status alleges that FirstBank Puerto Rico knowingly facilitated Jeffrey Epstein's sex trafficking operation by failing to enforce basic anti-money-laundering and know-your-customer rules.
Pinnacle chooses new Midtown Atlanta HQ -
Pinnacle Financial Partners' headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more in this week's banking news ...
Bank of International Settlements
Implementation of global regulatory framework for cryptoassets and stablecoins - Executive Summary -
The rapid growth of cryptoasset markets and the increasing integration of stablecoins into financial systems have prompted the Financial Stability Board (FSB) to take action. In July 2023, the FSB published its global regulatory framework for cryptoasset activities (FSB Crypto Framework), consisting of high-level recommendations for cryptoasset activities and markets (CA recommendations) and re...
Call for papers: 16th Workshop on Exchange Rates -
Joint conference by the BIS, Hong Kong Institute for Monetary and Financial Research, Hong Kong Monetary Authority, Banka Slovenije, Banca d'Italia and the European Central Bank, Hong Kong SAR, 10-11 December 2026.
José Luis Escrivá: Competitiveness for growth -
Opening address by Mr José Luis Escrivá, Governor of the Bank of Spain, at the "Competitiveness for growth" conference, organised by the Spanish Banking Association (AEB), the Spanish Confederation of Savings Banks (CECA) and the Spanish Association of Credit Cooperatives (UNACC), Madrid, 19 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases