Kitco News
Gold, silver soften as Hormuz oil risk keeps yields firm - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are modestly lower ahead of the North American market open Friday, as traders balanced last week’s weaker payrolls report against Wednesday’s Fed minutes, steady Treasury yields and renewed Strait of Hormuz uncertainty.
Gold rebounds, silver soars as easing oil, softer dollar lift metals - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as crude oil prices pulled back, Treasury yields eased and the U.S. dollar weakened after Wednesday’s Fed-minutes and Hormuz-driven selloff.
Have metals bottomed, and have yields peaked? Monetary and fiscal policies will determine both – CME’s Norland -
(Kitco News) – Investors attempting to discern whether gold and silver prices have set their cyclical lows, and whether bond yields have already seen their medium-term highs, should look to monetary policy in the near term while watching fiscal policies over the longer term, according to Erik Norland, Managing Director and Chief Economist at CME Group.In a recent analysis, Norland wrote that 20...
Gold still belongs in portfolios, but AI and the green transition are creating bigger opportunities elsewhere in commodities – FTSE Russell -
(Kitco News) - Although gold remains a critical portfolio anchor in an increasingly volatile macroeconomic environment, investors looking for more active long-term commodity opportunities should also pay close attention to metals tied to artificial intelligence and the global energy transition, according to one research firm.
Gold prices will be rangebound through the summer - Metals Focus -
(Kitco News) - Although gold has managed to reclaim support above $4,100 an ounce, one research firm is warning investors that a decisive bullish breakout is likely to remain out of reach as renewed turmoil in the Middle East keeps inflation pressures elevated and reinforces expectations for tighter U.S. monetary policy.
Gold's selloff is just a pause in a secular bull market, miners now undervalued - Ninepoint's Wachowiak -
(Kitco News) - Gold investors shouldn't mistake the precious metal's sharp correction for the start of a new bear market, according to one portfolio manager, who argues that the long-term fundamentals remain intact and the recent weakness has created an attractive buying opportunity across both bullion and mining equities.
Gold price pushes to session highs as U.S. existing home sales drop 2.4% -
(Kitco News) - Gold prices are holding renewed support above $4,100 an ounce and could attract new momentum as the U.S. housing market remains lackluster, with home sales continuing to struggle.
Gold rebounds above $4,100 as Fed minutes, Hormuz risk keep yields firm - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher ahead of the North American market open Thursday, as traders rebuilt part of Wednesday’s selloff while Treasury yields, the U.S. dollar and crude oil prices held firm on renewed U.S.-Iran escalation.
Spot gold trades above $4,100/oz as U.S. weekly jobless claims hold at 215k -
(Kitco News) - Gold prices are trading higher after reclaiming $4,100 on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
Gold slides as Fed minutes, Hormuz oil spike lift yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are solidly lower in late-afternoon U.S. trading Wednesday, as renewed U.S.-Iran escalation, a sharp crude-oil rally and hawkish Fed minutes pushed Treasury yields and the U.S. dollar higher.
Zero Hedge
Watch: New Video Shows McConnell Wheeled Out On Stretcher After June Cardiac Emergency At D.C. Home -
Watch: New Video Shows McConnell Wheeled Out On Stretcher After June Cardiac Emergency At D.C. Home
New video shows emergency responders loading Sen. Mitch McConnell (R-Ky.) onto a stretcher and into an ambulance outside his Capitol Hill residence on the morning of June 14, the same day the longtime Senate Republican leader was hospitalized.
The neighbor-recorded footage, first pu...
SK Hynix ADRs Open At $170, Tapping Wall Street Liquidity To Fuel Korea's AI Memory Boom -
SK Hynix ADRs Open At $170, Tapping Wall Street Liquidity To Fuel Korea's AI Memory Boom
Summary:
SK Hynix's ADR Open at $170
SK Hynix Chairman Tells Bloomberg "Demand Will Be Exponentially Growing In Future"
SK Hynix's ADRs Set to Open $175
SK Hynix's ADRs Set to Open at $181, 22% Premium Above $149 Offering Price
SK Hynix ADRs Priced At 3% Premium As Wall Street Readies W...
RFK Jr. Plans To Create A List Of Injuries Caused By COVID-19 Vaccines -
RFK Jr. Plans To Create A List Of Injuries Caused By COVID-19 Vaccines
Authored by Zachary Stieber via The Epoch Times,
Health officials are proposing a plan to clarify which COVID-19 vaccine side effects would be eligible for government financial compensation, according to a new notice.
Health Secretary Robert F. Kennedy Jr. in Minneapolis on May 21, 2026. David Berding/Getty Ima...
Mitsubishi Motors Joins Physical AI Race With Humanoid Robot Production Deal -
Mitsubishi Motors Joins Physical AI Race With Humanoid Robot Production Deal
Mitsubishi Motors shares surged as much as 17% in Tokyo on Friday after the automaker unveiled a deal with the University of Tokyo startup Highlanders to mass-produce humanoid robots, signaling a push beyond its core automotive business and reinforcing a broader trend we have highlighted that could sweep a...
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels -
UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels
Confirming reports from earlier this week, the latest estimates from the International Energy Agency signaled that the United Arab Emirates (UAE), which unexpectedly quit OPEC earlier this year in a shock move that threatened the cohesion of OPEC, produced 4.1 million barrels per day (bpd) of crude oil in June, its highe...
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast -
IEA Warns Escalation In US-Iran Hostilities Could Upend Oil Surplus Forecast
Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities could flip the outlook for an oil market surplus for next year, the International Energy Agency said on Friday.
Oil ...
No Takers, Nor Tankers -
No Takers, Nor Tankers
By Molly Schwartz, cross-asset macro strategist at Rabobank
Daily crossings through the Strait of Hormuz increased substantially after the US and Iran announced a “peace” agreement in mid-June. However, those numbers have started to dwindle as the ceasefire—peacefire, shmeasefire—appears increasingly shaky. According to Bloomberg, the Joint Maritime Informat...
Guns Fall Silent As Trump Says US-Iran Talks On Again, But Insists 'In No Uncertain Terms, Ceasefire Is OVER' -
Guns Fall Silent As Trump Says US-Iran Talks On Again, But Insists 'In No Uncertain Terms, Ceasefire Is OVER'
The guns have actually been silent in the Middle East overnight, after two days of deadly strikes between the United States and Iran, amid a general return to premarket open headlines of 'peace imminent again' as mediators desperately work to get diplomacy back on track. Th...
Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation -
Trump Refuses To Sign Landmark Housing Bill In Protest Over Stalled Elections Legislation
President Donald Trump declared Friday morning that he won't sign the sweeping bipartisan housing bill awaiting action on his desk in protest of the Senate's failure to pass his signature elections legislation. Unless the president issues an outright veto by midnight, however, the housing pack...
Polymarket Seeks Approval To Bring Margin Trading To U.S. Customers -
Polymarket Seeks Approval To Bring Margin Trading To U.S. Customers
Authored by Olivier Acuna via CoinDesk,
Prediction market Polymarket applied for a license to offer U.S. users margin trading, enabling them to place bets with less upfront capital, Bloomberg reported Thursday.
Polymarket takes another step in its return to the U.S. (Kanchanara/Unsplash)
Polymarket's U.S. affilia...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
China now has 7 of world's 10 biggest banks as Beijing's financial ambitions grow -
By Chelsea YangSouth China Morning Post, Hong KongThursday, July 9, 2026
China's "big four" state-run banks are the largest in the world in terms of asset scale, a new report has found, underscoring Beijing's rising ambitions to build the country into a global financial powerhouse.
The ranking, released by The Banker magazine on Wednesday, was topped by the four Chinese banks -- Industrial and ...
BIS gold swaps fell slightly in June but remain in rising trend -
6:45p ET Thursday, July 9, 2026
Dear Friend of GATA and Gold:
Gold swaps undertaken by the Bank for International Settlements fell slightly in June, from 146 to 144 tonnes, GATA consultant Robert Lambourne reported today after the bank's statement of account for June was published:
https://www.bis.org/banking/balsheet/statofacc260630.pdf
The swaps, a measure of surreptitious central bank interv...
U.S. isn't the only government that falsifies economic data -
Outspoken Chinese Economist Who Doubted Official GDP Data Dies
By Joe LeahyFinancial Times, LondonWednesday, July 8, 2026
The death of a prominent Chinese economist who openly questioned official GDP data has prompted an outpouring of mourning for a figure many saw as a "daring truth teller" in a country intolerant of independent voices.
Gao Shanwen, former economist of SDIC Securities, a gover...
India silver import curbs create shortages, push premiums to six-month high -
By Rajendra JadhavReutersWednesday, July 8, 2026
MUMBAI -- India's restrictions on silver imports have created shortages in the world's biggest market for the precious metal, pushing premiums to their highest levels in six months despite weaker-than-usual demand.
Lower imports by India, which meets more than 80% of its silver demand through overseas purchases, could weigh on global prices, whil...
Gold is getting a new shine amid volatile geopolitics -
By Chris Anstey and Augusta SaraivaBloomberg NewsWednesday, July 8, 2026
Sometime during the crash in the price of gold in the mid-2010s, one veteran financial-market journalist declared that "this is the moment when the world realized gold isn't a financial asset." Famous last words, as they say.
After gold's surge over the past several years, and continuous debate about the long-term durabili...
Wolf Street
CoinDesk
Hyundai becomes first major South Korean company to introduce internal stablecoin transfers -
The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.
OKX, MetaMask, Matter Labs back dispute resolution court for AI agents -
The Genlayer Foundation is leading the 27-firm consortium that makes AI-based payments, escrow and dispute resolution interoperable.
Circle soars after securing U.S. trust bank approval in crypto expansion -
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.
Japan's 'invest locally' plan likely to spur demand for assets like bitcoin, gold -
Your day-ahead look for July 10, 2026
Crypto defies equity weakness as altcoin optimism builds into the weekend -
The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.
Polymarket seeks approval to bring margin trading to U.S. customers -
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.
Bitcoin's $60,000-$70,000 range becomes third most traded range in history -
Bitcoin has spent 307 days in the $60,000-$70,000 range, the third longest consolidation in any $10,000 price band.
Metaplanet explores bringing bitcoin-backed digital credit to Japan -
The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit markets in Japan.
Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch -
A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.
Live updates: Bitcoin rises to $64,000 as SK Hynix opens for trade after $26.5 billion IPO -
Spot bitcoin funds lost about $95 million on Thursday and ether funds roughly $52 million, ending the one bright spot in crypto's institutional flows even as prices rallied.
bitcoin.com
Peter Schiff: Bitcoin’s Gold Correlation Was Never Real, and Its Nasdaq Link Just Broke -
Economist and longtime bitcoin critic Peter Schiff argued this week that BTC’s supposed correlation with gold “was never real,” while its historically tight relationship with the Nasdaq has now broken down. Schiff Continues With His Anti-Bitcoin Narrative The latest salvo was highlighted on X by numerous analysts, summarizing Schiff’s argument that bitcoin cannot claim to […]
Circle Wins OCC Approval for National Trust Bank to Strengthen USDC Infrastructure -
Circle has received approval from the OCC to establish Circle National Trust, a federally regulated national trust bank. The charter strengthens the infrastructure behind USDC and could eventually bring management of the stablecoin’s reserve under direct federal oversight. Jeremy Allaire Hails OCC Charter as Circle Expands USDC Circle Internet Group has received approval from the […]
Bitcoin Is Bottoming, And Smart Investors Are Already Earning 6.5% APY on Bitrue -
SINGAPORE, July 9, 2026, Bitcoin is trading near $62,000, down approximately 50% from its all-time high of $126,198 in October 2025, and multiple independent signals are pointing to one conclusion: this is not the time to sit on the sidelines. Bitrue Research Institute has identified a convergence of on-chain and technical indicators that have historically […]
MARA Shares Jump 13% After 2 GW Texas Power Deal for AI and Bitcoin Growth -
MARA Holdings has agreed to acquire a large powered land site in Texas, giving it access to up to 2 GW of power capacity by 2028. The company plans to develop the site into a digital infrastructure campus for high-performance computing and flexible workloads, including bitcoin mining. MARA to Acquire 1,200-Acre Texas Campus With 2 […]
Cryptoquant CEO Tells Bitcoin Holders to ‘Hang in There’ And That ‘Bullish Opium Is Coming’ -
Cryptoquant founder and CEO Ki Young Ju told bitcoin holders that “some bullish Bitcoin opium is coming in the next few months,” urging investors to endure the bear market just a little while longer. A Statement of Hope The head of the onchain analytics firm delivered the message in his signature aphoristic style, writing on […]
Reason
Florida Police Officer Used Mass Surveillance Network to Stalk Romantic Interest -
Newly published dashcam footage shows a sheriff’s deputy driving recklessly to pull over an actress he’d met while working on the set of the TV show Bad Monkey.
Before the NSA Honored Historian David Kahn, the FBI Investigated Him -
Newly declassified files reveal that J. Edgar Hoover wanted to prosecute the NSA’s future scholar in residence for collecting cryptography manuals.
Salvation Army Has First Amendment Right to Ban Methodone Use by People in Its Adult Rehabilitation Centers -
From Tassinari v. Salvation Army, decided Monday by Judge Leo Sorokin (D. Mass.); I'd love to hear what list members…
The post Salvation Army Has First Amendment Right to Ban Methodone Use by People in Its Adult Rehabilitation Centers appeared first on Reason.com.
Nominal Damages Aren't Enough When There's Evidence of Emotional Distress in Defamation Per Se Case -
From Sullivan v. Schiman, decided Tuesday by the Illinois Appellate Court (Justice John Anderson, joined by Justices Linda Davenport and…
The post Nominal Damages Aren't Enough When There's Evidence of Emotional Distress in Defamation Per Se Case appeared first on Reason.com.
How Do We Feel About Women's Work? -
Plus: Rampant illiteracy, teen-suicide rates and screens, and more...
What Happened to End Citizens United PAC v. FEC? -
The D.C. Circuit reheard the case en banc over sixteen months ago, but there's still no opinion.
Graham Platner Dropped Out, but His Shadow Lingers Over Democrats and U.S. Politics -
Democrats passed over the opportunity to be the sane party in favor of bad people and worse ideas.
Today in Supreme Court History: July 10, 1832 -
7/10/1832: President Jackson vetoes the bill to recharter the Second Bank of the United States. He wrote that the bill…
The post Today in Supreme Court History: July 10, 1832 appeared first on Reason.com.
Review: A Chaotic History Podcast for People Who Don't Care About Historical Accuracy -
On Fin vs History, two British comedians poke fun at revered historical figures.
Brickbat: Hard Labor -
In England, a major report found that more than 500 mothers and babies died or were seriously harmed at Nottingham University…
The post Brickbat: Hard Labor appeared first on Reason.com.
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
Building Our Future Together -
In my first weeks as Executive Director of EFF, I’ve been reminded every day how consequential this moment is in determining what kind of future we will have.
We are on the edge. What each one of us steps up to do – with our expertise, energy, and resources – will determine whether our future is one of openness, security, and fundamental rights, or one controlled through fear, surveillance, an...
Automated Moderation Is Here to Stay—Accountability Must Keep Pace -
This post is part 2 in a series about automated content moderation. Read the first post here.
When whistleblower Frances Haugen leaked a set of documents from Meta in 2020, among the revelations was a jarring statistic: The company’s algorithms designed to detect terrorist content incorrectly deleted nonviolent Arabic-language content 77 percent of the time, while failing to detect hate speech ...
"We Want Texans to Know Their Rights": Q&A with Mayday Health on the Impact of Surveillance on Abortion Care -
Last May, EFF reported that a sheriff’s office in Texas searched data from more than 83,000 automated license plate reader (ALPR) cameras to track down a woman suspected of self-managing an abortion. ALPRs are promoted as tools for keeping communities safe by finding missing persons and locating stolen vehicles, but this case showed how ALPRS can be weaponized to investigate people’s private he...
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
Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer -
Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer FOR IMMEDIATE RELEASE July 9, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) and Fuerza 2A proudly endorse Blaise Ingoglia for Florida Chief Financial Officer. Throughout his service in the Florida Legislature, Ingoglia has consistently stood with Florida’s law-abiding gun owners and fought to ...
MA: Attend the Civil Rights Coalition Special Event on July 15th! -
Massachusetts gun owners are facing an unprecedented assault on their constitutional liberties under the draconian overreach of Chapter 135. This unconstitutional legislation directly targets law-abiding citizens, creating an unnecessary and convoluted burden on anyone exercising their right to keep and bear arms. To counter this blatant infringement and fully restore our Second Amendment right...
VA: GOA Files VA Supreme Court Brief as Injunction Expands Statewide -
The fight over Virginia’s unconstitutional gun and magazine bans is moving fast. After GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, Attorney General Jay Jones ran to the Supreme Court of Virginia asking the Court to put those bans back in force. GOA and our allies have now filed our opposition brief. … Read more
Banking Dive
American Banker
Finance is not prepared for the coming wave of value destruction -
Just as internet connectivity destroyed the market for long-distance telephone service, blockchain technology is going to make high-margin transactions, like cross-border funds transfers, dirt cheap. Established players should brace themselves.
The housing bill will become law today. Maybe, possibly, it depends -
Trump has until midnight tonight to either sign or veto the housing bill; if he does neither, it automatically becomes law.
Community banks notch rare victory in housing package -
As the deadline for President Donald Trump to sign or veto a housing package looms, hanging in the balance is a reciprocal deposit provision that would give small banks more room to compete for large corporate and municipal depositors.
How Wells Fargo keeps advisors by letting them go independent -
As large wealth managers struggle to retain advisors seeking greater independence, Wells Fargo has taken a distinct approach with its FiNet channel. But is the loss of profit margin worth the retention gains?
SEC's novel ETF review draws early pushback over prediction markets -
On June 30, the SEC asked for public comments on the regulator's proposed amendments to novel ETFs. About a week in, responses tilt to a hard "no thank you."
Bank of International Settlements
Assessing the effects of recent provisioning rules on consumer credit allocation in Colombia -
by Diego Cuesta-Mora, Fredy Gamboa, Camilo Sanchez-QuintoColombia's post-pandemic recovery in 2021–2022 was marked by rapid consumer credit growth, followed by deteriorating credit quality indicators amid tightening financial conditions. In January 2023, the Superintendence of Finance of Colombia (SFC) introduced higher provisioning requirements for long-term consumer loans to enhance financial...
Project Insight: uncovering the complexities of global value chains -
Project Insight developed a proof-of-concept dashboard to enhance policymakers' understanding and monitoring of global supply chain developments. By unifying detailed firm-level datasets, macroeconomic information and advanced analytics within a collaborative platform, the project demonstrated how granular and complex GVC dependencies can be studied more effectively.
On the comparison of capital requirements for global systemically important banks -
Basel III introduced a comprehensive package of capital reforms to bolster the resilience of the global banking system. While the standard supports regulatory convergence across jurisdictions by establishing a common minimum set of requirements for internationally active banks, it also gives national authorities flexibility to exceed the minimum standards. Heterogeneous applications of Basel II...
Federal Reserve - Press Releases
FDIC - Press Releases