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
FBI Fires Analysts Who Drafted Controversial Anti-Catholic Memo -
FBI Fires Analysts Who Drafted Controversial Anti-Catholic Memo
Via Headline USA,
Several FBI analysts who drafted a 2023 memo that cited Southern Poverty Law Center information to justify targeting “radical-traditionalist Catholics” as potential violent domestic extremists were fired Friday, according to their lawyer, the latest wave of terminations under the leadership of its di...
Iran's World Cup Squad Belatedly Granted US Visas But Some Staff Blocked -
Iran's World Cup Squad Belatedly Granted US Visas But Some Staff Blocked
Via Middle East Eye
Members of Iran's World Cup 2026 administrative staff have not been given visas to enter the United States, Iranian media reported on Saturday.
According to US officials, while Iranian footballers have been granted visas for the tournament, which begins on Thursday in Mexico, some support...
Tesla Design Chief Says EV Supercar Roadster Is Coming "In A Few Weeks" -
Tesla Design Chief Says EV Supercar Roadster Is Coming "In A Few Weeks"
Ferrari shot its load with the highly disappointing Luce EV...
Next up is American innovation, not Italian innovation: the Tesla Roadster.
🚨 Tesla Roadster vs. Ferrari Luce
Price - $250,000 vs. $640,000
Horsepower - 1,000+ vs. 1,035
0-60 MPH - 1.1s OR 1.9s vs. 2.4s
Top Speed - 250+ MPH vs. 194 MPH
Range - ...
US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation -
US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
Authored by Naveen Athrappully via The Epoch Times,
The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees.
The notice r...
Feds Launch Probe Into California's Elections -
Feds Launch Probe Into California's Elections
Days after California’s primary election, the votes are still being counted, and the winners are still unknown, and no one, save for California officials, seems happy about it.
“The fact that California elections often can't be resolved for weeks is kind of insane and not common in other electoral systems around the world," Political ...
Watch: Leftists Are Crying Over Trump's Beautifully Restored Reflecting Pool -
Watch: Leftists Are Crying Over Trump's Beautifully Restored Reflecting Pool
Authored by Tim O'Brien via PJMedia.com,
You just knew this day would come. President Donald Trump is really sprucing up the nation’s capital ahead of the country’s celebration of its 250th anniversary. One of the signature improvements has been the restored reflecting pool that sits between the Lincoln M...
US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations' -
US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations'
Summary
Iran's foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire.
New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted, CENTCOM said.
Overnight ...
Trump Says US Weighing Taking Stakes In AI Companies -
Trump Says US Weighing Taking Stakes In AI Companies
Authored by Jacob Burg via The Epoch Times,
President Donald Trump told reporters on June 5 that his administration is exploring the possibility of the United States acquiring a public stake in artificial intelligence (AI) companies.
Trump made the comment in response to a question about a recent News of the United States rep...
Second Flesh-Eating Screwworm Case Raises Beef Supply Fears As Goldman Warns Outbreak "Could Be Disruptive" -
Second Flesh-Eating Screwworm Case Raises Beef Supply Fears As Goldman Warns Outbreak "Could Be Disruptive"
The U.S. Department of Agriculture (USDA) confirmed a second New World screwworm (NWS) case in a one-month-old calf in Zavala County, Texas, roughly 5.6 miles from the first confirmed detection.
For now, both cases remain inside what the USDA calls an "established movement ...
Whatever You Do, Don't Ignore Friday's Selloff -
Whatever You Do, Don't Ignore Friday's Selloff
Submitted by QTR's Fringe Finance
By 1PM Friday, the Nasdaq was already down roughly 3.3%, and suddenly the same crowd that spent the last few months explaining why valuations don’t matter is asking what is happening.
Bitcoin has also been taken behind the woodshed, crashing to around $60,000. Depending on where you’re measuring from...
MarketWatch - Top Stories
CNBC Top News
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
Ethereum Co-Founder Joseph Lubin’s Wallet Stirs After 3 Years, Moving 80,001 ETH Worth $121.6M -
A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,001 ether, after more than three years of inactivity. The movement landed as ETH changed hands at a local low of $1,520 earlier this week. A Long-Dormant Wallet Wakes Up The wallet still holds 243,300 ETH worth roughly $370 million, and the 80,001 ETH that exited […]
Bhutan Offloads 738 Bitcoin Worth $44.88M as Sovereign Drawdown Meets a $60K BTC -
The Royal Government of Bhutan has shifted another 738 bitcoin worth roughly $44.88 million on June 6, extending a months-long drawdown of the Himalayan kingdom’s state BTC reserves. A Repeated Pattern of State Transfers Government-linked wallets have moved bitcoin repeatedly through 2026, with all of the activity managed through Druk Holding and Investments (DHI), the […]
Zcash to Worldcoin: ZachXBT Says Arthur Hayes Turned 4 Token Calls Into ‘Exit Liquidity’ -
Onchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of turning his own audience into “exit liquidity,” saying Hayes most recently promoted Worldcoin token (WLD) and then sold it shortly afterward, capping a roughly 15-day stretch in which he exited four publicly hyped positions. A Familiar Sequence of Hype and Exit ZachXBT leveled the charge in […]
Michael Saylor Sees 4 Bitcoin Ideologies Testing BTC’s Future -
Bitcoin’s next chapter may be shaped by four competing visions for how the network should grow. Strategy Executive Chairman Michael Saylor’s framework argues that decisions around adoption, innovation, and decentralization could influence BTC’s role in the global financial system. 4 Bitcoin Camps Put BTC’s Future Path Under New Scrutiny Strategy (Nasdaq: MSTR) Executive Chairman Michael […]
Zcash Bug Discovered, Binance Predictions Trillions in Tokenized Equity Inflows, and More – Week In Review -
Forward Industries moved $32 million in SOL to Coinbase Prime, reviving fears that the largest corporate Solana holder could add fresh sell pressure while sitting deep underwater. Zcash then faced a double blow as developers patched a critical counterfeit-minting bug and Arthur Hayes exited his position, deepening the selloff. Meanwhile, major U.S. banks explored tokenized […]
Reason
Gordon-Darby Prepares to Renew Effort to Commandeer New Hampshire in Order to Maintain Emissions Testing Contract -
Since it lost its first case on technical procedural grounds, the company plans to try again.
Is the Endangered Species Act Being Used to Commandeer State Governments? -
A webinar discussion of whether we are seeing conservation commandeering.
Today in Supreme Court History: June 6, 2005 -
6/6/2005: Gonzales v. Raich is decided.
The post Today in Supreme Court History: June 6, 2005 appeared first on Reason.com.
Instacart Is Suing New York City Over Its $22.13 Minimum Wage for Delivery Drivers -
The economic fallout of the law has been significant. Is it even legal?
Native Americans Taught Colonists How To Fight—and To Live Without Kings -
Unlike in Europe, native rulers had little formal authority; they had to persuade others to follow their ideas.
Open Thread -
What’s on your mind?
Bernie Sanders' Dangerous and Unconstitutional Plan to Expropriate AI Firms -
The plan to seize 50% of AI firms' stock violates the Takings Clause of the Fifth Amendment. It would also create dangerous government control over a vital industry, in ways similar to Trump's policies.
Court Dismisses Fraud Claim Against N.Y. Times Over "Young, Old, and Sick Starve to Death in Gaza" Photo -
Among other things, plaintiff failed to allege "that the alleged fraudulent conduct induced ... the plaintiff into purchasing merchandise."
Plaintiff Too Small to Challenge President Trump's Practice of Targeting Law Firms He Dislikes -
From Judge Nathaniel Gorton (D. Mass.) today in Larrabee v. Trump: J. Whitfield Larrabee …. alleges that since taking office,…
The post Plaintiff Too Small to Challenge President Trump's Practice of Targeting Law Firms He Dislikes appeared first on Reason.com.
This Attempt by the Trump Administration To Cripple Legal Immigration Is Illegal, Judge Rules -
The government had imposed an indefinite pause on adjudicating asylum petitions and applications for green cards, work permits, and citizenship for legal immigrants from certain countries.
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