Kitco News
Hawkish Fed could push gold prices back to $4,000 next week -
(Kitco News) - After gold held critical support at $4,000 and gapped higher at the start of the week, fortunes have once again shifted in the gold market as prices look to end the shortened trading week back where they were last Friday.
Gold, silver fall as hawkish Fed pressure lingers - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are lower and spot silver prices are sharply weaker in early U.S. trading Thursday, as markets continued to digest a hawkish Federal Reserve hold, higher front-end rate expectations and lower oil prices tied to U.S.-Iran de-escalation.
Gold prices remain under pressure as Philly Fed Survey rebounds to 10.3 in June -
(Kitco News) - The gold market continues to face solid selling pressure as the Federal Reserve Bank of Philadelphia reported a strong rebound in its manufacturing sector.
Spot gold at $4,250/oz after U.S. weekly jobless claims dip to 226k -
(Kitco News) - Gold prices coming off their recent lows on Thursday morning following the release of steady labor market data after the number of Americans filing new claims for unemployment benefits were in line with economists’ forecasts.
Gold faces global monetary policy tightening as BOE vote shows growing support for rate hike -
(Kitco News) - The gold market continues to struggle to attract any significant buying momentum as global monetary policy continues to shift toward higher interest rates.This new tightening cycle was led by the European Central Bank, which increased interest rates by 25 basis points last week amid rising inflation pressures. This week, the Federal Reserve signaled support for at least one rate ...
Warsh’s focus on price stability sends gold prices lower -
(Kitco News) - The gold market is trying to find its footing after the Federal Reserve left interest rates unchanged but signaled a hawkish tilt, showing support for at least one potential rate hike by the end of the year.
Gold's bull market has room to run as inflation risks, fiscal deficits support prices - Wells Fargo -
(Kitco News) - The gold market continues to regain lost ground, and although the precious metal isn’t out of danger just yet, current prices still represent an attractive entry point for investors looking to build a position, according to Wells Fargo.
In Warsh's first Fed meeting, a unanimous hold hides a split committee and a debated rate cut, DiMartino Booth says -
(Kitco News) - The Federal Reserve held interest rates steady Wednesday in Kevin Warsh's first meeting as chair, but its newly released projections exposed a committee sharply divided over whether to raise rates this year - and revealed that policymakers debated a rate cut before settling on a hold.
Gold and silver slide after hawkish Fed hold - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Wednesday, as the Federal Reserve held rates steady but signaled that higher inflation could force another rate hike this year.
Gold drops below $4,300/oz as Fed votes 12-0 in favor of rate hold, but nearly half of policymakers see a rate hike in 2026 -
(Kitco News) – The Federal Reserve announced on Wednesday that the first Federal Open Market Committee (FOMC) vote under new chair Kevin Warsh was unanimous in favor of a rate hold, as expected by the market consensus, while the latest economic projections showed nearly half of policymakers believe a rate hike will be warranted in 2026.
Zero Hedge
Illegal Alien Alleged To Be Ringleader In Terror Plot To Kill "Capitalist Elites" At UFC White House Event -
Illegal Alien Alleged To Be Ringleader In Terror Plot To Kill "Capitalist Elites" At UFC White House Event
Federal prosecutors allege that Abraham Hermosillo Alvarez, a Mexican national who overstayed a B2 visitor visa and was living in Omaha, Nebraska, used the online alias "Shepherd" and was the ringleader of a failed terror attack targeting "billionaires" and "capitalist elites...
The Judicial Resistance Fails Again -
The Judicial Resistance Fails Again
Authored by Mike McDaniel via AmericanThinker.com,
Do you recall Hannah Dugan? She’s a former Milwaukee County Judge. “Former” because she, with the help of her staff, distracted ICE agents who were present to arrest and deport a violent illegal alien in her court on unrelated charges. They snuck the illegal out of the courthouse.
The agents d...
Multiple Polls Show Warning Signs For Democrats In Upcoming Midterms -
Multiple Polls Show Warning Signs For Democrats In Upcoming Midterms
Democrats have spent months telling anyone who will listen that the midterms are theirs to lose. With President Donald Trump's approval rating in the basement and conditions supposedly ripe for a blue wave, the party is feeling confident it can win both the House and the Senate in November. Polls do seem to sugges...
LA City Council Advances Measure To Allow Non-Citizens To Vote In Local Elections -
LA City Council Advances Measure To Allow Non-Citizens To Vote In Local Elections
Authored by Bryan Hyde via American Greatness,
The Los Angeles City Council voted 10-5 to advance a controversial proposal that would allow noncitizens to vote in local elections, including mayoral, city council and school board races.
The New York Post reports that the proposal is part of a sweep...
Supreme Court Rules Feds Can't Disarm You Just For Being A Regular Stoner -
Supreme Court Rules Feds Can't Disarm You Just For Being A Regular Stoner
The Supreme Court on Thursday ruled that the government's prosecution of a Texas man under 18 U.S.C. §922(g)(3) - the provision barring "unlawful user[s] of" or those "addicted to" any controlled substance from possessing firearms - violated the Second Amendment.
The case, United States v. Hemani, stemmed ...
US Company Gets Approval To Build The World's First Fusion Power Plant In Washington -
US Company Gets Approval To Build The World's First Fusion Power Plant In Washington
Authored by Ameya Paleja via Interesting Engineering,
US-based fusion energy company Helion has received the regulatory clearances to build the world's first fusion energy power plant. The company has received a Radioactive Materials License (RML) and a Radioactive Air Emissions License (RAEL) fro...
Fed Moves To Close Stablecoin Loopholes With New Customer ID Rules -
Fed Moves To Close Stablecoin Loopholes With New Customer ID Rules
Authored by Micah Zimmermann via BitcoinMagazine.com,
The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring digital asset markets under the same anti-money laundering discipline long applied to...
Bullish Or Bearish Into Year-End? BTIG & Fundstrat To Face Off -
Bullish Or Bearish Into Year-End? BTIG & Fundstrat To Face Off
S&P 500 and Nasdaq remain near record highs despite yesterday’s post-Fed freakout. Risk-on is still in fashion as investors remain hopeful of a lasting U.S.-Iran peace. Though the question remains: Is the rally sustainable or are markets poised for a painful reversal before year-end?
Tonight at 7pm ET, Adam Taggart of...
It Wasn't Fireworks... Social Isolation, Escalating Anger Drove Palisades Arsonist's Desire For Revenge, Jury Told -
It Wasn't Fireworks... Social Isolation, Escalating Anger Drove Palisades Arsonist's Desire For Revenge, Jury Told
Explosives and arson experts from the U.S. Bureau of Alcohol, Tobacco, and Firearms this week told a jury in the federal arson case against Jonathan Rinderknecht that fireworks could not have been the culprit.
The 29-year-old Rinderknecht is accused of starting a blaz...
Asian Refiners Swamped, Brace For Over 60 Million Barrels Of Oil Ready To Exit Hormuz -
Asian Refiners Swamped, Brace For Over 60 Million Barrels Of Oil Ready To Exit Hormuz
By Tsvetana Parskova of OilPrice.com
Crude cargo arrivals in Asia from the Middle East could accelerate in the coming weeks as more than 60 million barrels of oil stuck in the Persian Gulf prepare to exit the Strait of Hormuz and head to Asian markets once the chokepoint reopens to traffic.
Ab...
MarketWatch - Top Stories
Micron, other memory stocks are having their best year ever. Why do they still look so cheap? -
Some of the AI boom’s biggest earners have become its biggest bargains.
Dollar touches highest level in more than a year. Why this latest rally might be overdone. -
The U.S. dollar headed Thursday for its highest close in more than a year, as investors continued to digest the Federal Reserve’s Wednesday meeting, which revived the possibility of further interest-rate increases.
My two sons will inherit a $30,000 annuity from their grandmother. What should I do with the money? -
“My understanding is that they have five years to withdraw the money.”
‘I’ll probably be working until I die’: I’m 60, work as a waiter and have $2,000 in a Roth IRA. What will happen to me? -
“I’m afraid I’m in a bad place.”
The Iran oil shock taught traders these key lessons about demand and China -
Global oil prices on Thursday touched their lowest level since the U.S.-Israeli war with Iran began almost four months ago.
This AI company wants to replace MRIs with a 60-second dip in the spa. Can that really work? -
Midjourney is making a foray into healthcare with its latest body-scanner product, aiming to make medical imaging more accessible.
Employers to college students: Skip the perfect GPA and go get a summer job -
College students with any sort of work experience are twice as likely to be employed shortly after graduating.
How America cheated Black GIs after World War II, contributing to the racial wealth gap -
Their descendants, and the rest of us, are still paying the price.
Trump’s Iran agreement is a massive buy signal for stocks -
Hyperventilating experts were wrong about the Iran war. The end of the conflict is a massive buy signal for stocks.
These stocks are in trouble now that Kevin Warsh removed the market’s guardrails -
The new Fed chief is ditching the central bank’s playbook — leaving your portfolio flying blind.
CNBC Top News
CNBC Economy
GATA
Zimbabwe licenses second refinery to handle nation's rising gold output -
By Godfrey MarawanyikaBloomberg NewsWednesday, June 17, 2026
Zimbabwe has licensed a second gold refinery to handle purchases and processing of the southern African nation’s increasing output of the precious metal.
The refinery, to be located in the country’s second-biggest city Bulawayo, is due to be commissioned next year, according to government officials, who asked not to be identified disc...
Investors pile into bullish dollar bets as 'U.S. exceptionalism' trade returns -
By Kate DuguidFinancial Times, LondonWednesday, June 17, 2026
Investors around the world are flocking back to the U.S. dollar in a bet that the AI boom will help the biggest economy to outshine its peers this year and force the Federal Reserve to keep interest rates high.
Wagers on a stronger dollar in the futures market last week rose by the most since 2018 to their highest level in more than...
Myrmikan's Dan Oliver: Time makes gold's correction look puny so ignore it -
9:16p ET Tuesday, June 16, 2026
Dear Friend of GATA and Gold:
In his new letter this week, Myrmikan Capital's Dan Oliver examines the recent "correction" in the gold price and concludes that while it is jarring, it is barely visible on a long-term chart.
He writes: "We think that the financial system is more precarious than ever, not just the stock and bond markets but especially the sovereign ...
Central banks expand bullion holdings as U.S. dollar's dominance wavers -
By Julie ZhangSouth China Morning Post, Hong KongTuesday, June 16, 2026
Central banks are expected to expand their gold holdings, while the U.S. dollar's dominance in global reserves will fade in five years, according to the World Gold Council.
The push to accumulate gold reflects a broad de-dollarisation trend in recent years.
About nine in 10 central banks expect global central bank gold hold...
Central banks repatriate gold as global insecurity rises -
By Leslie Hook and Krishn KaushikFinancial Times, LondonTuesday, June 16, 2026
Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.
The central banks of India and France are among those that have relocated huge volumes of gold out of the U.S. and U.K. in the past year to...
Wolf Street
CoinDesk
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator -
Alexander Mashinsky, the founder of failed crypto lender Celsius, had earlier been imprisoned for fraud and is now formally banned from CFTC registration.
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch -
The Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it's now open for public comments.
Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns -
Wang's departure follows the resignation of fellow co-executive director Tomasz Stańczak and marks the latest in a string of high-profile exits at the EF.
Crypto for Advisors: Trading the bitcoin cycle -
Bitcoin’s 4-year cycle makes DCA costly. Learn why a cycle-smart strategy is essential for advisors to better manage volatility and maximize client returns.
Algorand unveils roadmap to achieve quantum resistance by 2028 -
The announcement reflects a crypto's growing recognition that adopting quantum-resistant cryptography could take years, requiring changes not only to user wallets but also to core protocol infrastructure.
CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines -
Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower from Wednesday.
Alchemy's AI-driven identity and payment service gains access to Visa network -
The AgentCard integration with Visa Intelligent Commerce allows AI agents built on models from any provider, including OpenAI or Anthropic, to effect commercial transactions.
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal -
GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.
The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks -
Capital is flowing out of the largest tech companies and bitcoin as investors pile into semiconductors, memory stocks and space-related opportunities.
Bitcoin's nemesis, the Dollar Index, is on the verge of a major breakout -
Your day-ahead look for June 18, 2026
bitcoin.com
Celsius Founder Faces Permanent Trading Ban After Fraud Conviction -
Nearly three years after Celsius unraveled, the CFTC has closed its civil enforcement case against founder Alexander Mashinsky with a federal consent order imposing permanent trading and registration bans. The decision marks another chapter in the fallout from a crypto lender that regulators alleged attracted about $20 billion in customer funds through misleading claims about […]
Alchemy and Visa Give AI Agents Payment Power With New Agentcard Platform -
Alchemy has launched Agentcard with Visa Intelligent Commerce, giving AI agents a way to make purchases using trusted payment and identity tools. The product adds spend controls, dedicated credentials, and support for both card-based and emerging agent payment rails. AI Agents Move Beyond Chat Into Real-World Spending Alchemy is moving into agentic commerce with the […]
Anvil Powers Promise Now, Pay Later Sponsorships at Blockchain Futurist Conference -
PRESS RELEASE. Toronto, Canada, June 18, 2026 – Blockchain Futurist Conference has partnered with Anvil, the decentralized protocol enabling digital asset-backed credit, to introduce an easier way for companies to secure sponsorships in advance. Sponsoring a conference has always brought on a difficult choice, either commit early and hand over capital months in advance, or […]
Range Raises $8.3M as Institutions Push for Pre-Execution Stablecoin Risk Controls -
Range, a Zug, Switzerland-based financial infrastructure company, closed an oversubscribed $8.3 million Series A on June 18, 2026, bringing its total funding to $11 million and positioning itself as a control layer for companies running stablecoin and fiat operations side by side. A Mixed Investor Base Signals Convergence The round drew traditional fintech capital alongside […]
New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5% -
Federal Reserve Chairman Kevin Warsh used his debut press conference on June 17 to strip away decades of central bank communication habits, and markets spent the following day sorting out what that means for rates, risk, and bitcoin. Rates Hold, Statement Shrinks The Fed held the federal funds rate at 3.50% to 3.75% on a […]
Reason
Cato Institute
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.
It’s not Treason. It’s Self-Defense. -
“For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...
Electronic Frontier Foundation
Call for Submissions: Digital Pride -
This Pride season, join EFF and the Queer Arts Collective in building a creative space at the intersection of digital justice and artistic expression.
We’re looking for fresh, untold, historically censored takes on digital liberation.
Whether it’s pointing the lens towards an issue you feel is underrepresented in digital justice efforts; sharing personal accounts of joy, pleasure, or sorrow u...
A New Bill Takes Aim at Government Pressure to Silence Lawful Online Speech -
Last week, Senators Ted Cruz and Ron Wyden introduced the Justice Against Weaponized Bureaucratic Overreach to Networked Expression, or JAWBONE Act. The bipartisan legislation creates a federal cause of action against government officials who coerce or attempt to coerce broadcasters, interactive computer services, or AI providers into taking actions against lawful, First-Amendment-protected spe...
Court Records Should Be Free -
Court records belong to the public. Yet anyone seeking access to federal court filings through PACER, a government software system that stands for Public Access to Court Electronic Records, is usually required to pay hefty fees to search for and view documents. PACER’s fees have long acted as a barrier that makes it hard, especially for low income people, to see and understand the work produced...
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 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...
IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION -
Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...
Gun Owners of America Endorses Byron Donalds for Florida Governor -
Gun Owners of America Endorses Byron Donalds for Florida Governor FOR IMMEDIATE RELEASE June 11, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida. As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record. As a freshman state representat...
Banking Dive
MidFirst Bank to buy Dallas-based commercial bank -
The proposed deal, expected to close in the second half of this year, follows MidFirst’s 2024 acquisition of six Houston-area locations from Amerant Bank.
Santander-Webster deal gets OCC approval -
The $12.3 billion acquisition, which also needs a green light from the Federal Reserve and European Central Bank, got the OCC’s go-ahead 74 days after the application was submitted.
Lenders ramp up scam defenses to confront elder fraud -
Fifth Third Bank and Star One Credit Union are among the financial institutions implementing strategies aimed at detecting scams earlier and being more proactive.
JPMorgan, BofA, others challenge the BNPL space -
Buy now, pay later players, including Klarna and Affirm, are facing more competition as financial institutions begin offering installment payment options.
Michigan bank to buy in-state peer for $54.6M -
By buying Grand River Bank, Isabella Bank will gain access to the growing Grand Rapids market.
American Banker
Bank of International Settlements
Boris Vujčić: A European perspective on currency and convergence -
Keynote speech (virtual) by Mr Boris Vujčić, Vice-President of the European Central Bank, at the conference on Iceland's Currency Options, Frankfurt am Main, 2 June 2026.
Thóarinn G Pétursson: Currencies - buffers or amplifiers of shocks? -
Presentation by Mr Thóarinn G Pétursson, Deputy Governor of the Central Bank of Iceland, in the panel discussion "Currencies - buffers or amplifiers of shocks?", at the Reykjavik Economic Conference, Reykjavik, 28 May 2026.
Rosanna Costa: Presentation of the Financial Stability Report First Half 2026 -
Presentation by Ms Rosanna Costa, Governor of the Central Bank of Chile, of Central Bank of Chile's Financial Stability Report First Half 2026 before the Finance Commission of the Honorable Senate of the Republic, Santiago de Chile, 19 May 2026.
Federal Reserve - Press Releases
FDIC - Press Releases