Kitco News
Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz -
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.
Gold's inflation problem could become its next bullish trigger -
(Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.
Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.
Gold holds key $4,000 support as analysts watch for signs of a bottom -
(Kitco News) - After slipping into official bear market territory this week, gold and silver are starting to attract new attention. But while both precious metals managed to hold critical support, some analysts are saying that investors should only be testing the waters as they wade back in.
China sees ETF outflows, falling wholesale demand in May, but PBoC continues outsized purchases amid lower prices – WGC’s Jia -
(Kitco News) – Gold prices slid lower in May as China saw the end of an eight-month streak of ETF inflows, all while wholesale demand fell sharply, but the country’s central bank continued to stock up on bullion, according to Ray Jia, research head for China at the World Gold Council (WGC).In the WGC’s latest China gold market update, Jia noted that international and domestic gold prices ended ...
CME to offer 24/7 gold and oil trading -
(Kitco News) - Geopolitical uncertainty doesn’t take the weekend off, and neither will gold and oil futures as the CME prepares to launch 24/7 trading.
Spot gold hovers near $4,200/oz after preliminary Consumer Sentiment rises to 48.9, one-year inflation expectations dip to 4.6% -
(Kitco News) - The gold market is holding relatively steady after the latest data showed consumer sentiment in the U.S. improving, while inflation expectations pulled back from last month’s highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for June was 48.9. The data was better than expectations, as the consensus forecast of ...
Gold holds above $4,200 as Hormuz risk premium unwinds - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are steady and spot silver prices are weaker in early U.S. trading Friday, as oil prices fell sharply on U.S.-Iran deal hopes, U.S. equity futures edged higher and traders looked ahead to the next inflation-expectations read.
Silver leads metals higher as traders defend key support - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices were sharply higher late Thursday, as safe-haven demand tied to U.S.-Iran risk met a late-session pullback in crude oil after fresh deal signals.
Don't fear a drop below $4,000, gold's bull market isn't broken - Thorsten Polleit -
(Kitco News) - Despite significant selling pressure, the gold market has managed to hold critical long-term support above $4,000 an ounce.
Zero Hedge
Steven Spielberg Believes That Disclosure Day Will Greatly Shake The Faith Of Christians All Over The Globe -
Steven Spielberg Believes That Disclosure Day Will Greatly Shake The Faith Of Christians All Over The Globe
Authored by Michael Snyder via TheMostImportantNews.com,
Would undeniable evidence of alien life cause large numbers of people to abandon what they believe about God? Disclosure Day comes out in theaters this weekend, and that appears to be one of the biggest questions that ...
"Greatest Show On Earth": White House Hosts UFC Freedom 250 Fights -
"Greatest Show On Earth": White House Hosts UFC Freedom 250 Fights
America’s semiquincentennial birthday celebration kicks into gear today with the Ultimate Fighting Championship’s (UFC) Freedom 250 fights, with seven matches scheduled for the South Lawn of the White House.
“This will be the greatest show on earth,” President Donald Trump said while previewing the stage in May.
“...
Ethereum Can Quantum-Proof Accounts For Just 7 Cents, Says Foundation's Kohaku Project Lead -
Ethereum Can Quantum-Proof Accounts For Just 7 Cents, Says Foundation's Kohaku Project Lead
Authored by Zoltan Verdai via CoinTelegraph.com,
Ethereum could begin adding post-quantum protections to accounts for as little as $0.07, without waiting for a hard fork, according to the Ethereum Foundation's Kohaku project lead Nicolas Consigny.
In a Saturday X post, Consigny shared a ...
Space: The Now Frontier And The AI Revolution -
Space: The Now Frontier And The AI Revolution
By Peter Tchir of Academy Securities
Space: The Now Frontier & The AI Revolution
Academy will tackle any details on a deal with Iran via a SITREP and a podcast, once (if) details are made available.
After last Friday’s extreme move (More Than Rates Moving Markets) we had a relatively tame week with the S&P and Nasdaq both gaining a...
UK Intercepts 'Russian Shadow' Fleet Vessel in Unprecedented English Channel Commando Boarding -
UK Intercepts 'Russian Shadow' Fleet Vessel in Unprecedented English Channel Commando Boarding
British Royal Marine Commandos conducted a high-stakes midnight raid in the English Channel on Sunday, boarding and seizing a sanctioned Russian "shadow fleet" oil tanker.
The elite UK forces conducted a fast-roping raid onto the massive crude carrier in the dead of night and into the mo...
Gonorrhea Rates Are Soaring In NYC: Mamdani Rushes Free Chocolate Condoms To Citizens Of Big Apple! -
Gonorrhea Rates Are Soaring In NYC: Mamdani Rushes Free Chocolate Condoms To Citizens Of Big Apple!
Authored by Eric Utter via American Thinker,
So what's the priority of New York City's Mamdani administration these days?
FrontPage Magazine reported:
Gonorrhea rates in New York City have more than doubled in a decade and syphilis is ‘surging’ statewide. Mamdani’s Department o...
US-Iran MoU Deal Signing 'Hours' Away As Pezeshkian Touts Acceptable, Positive Results For Iran -
US-Iran MoU Deal Signing 'Hours' Away As Pezeshkian Touts Acceptable, Positive Results For Iran
Summary
Iran's president issues pro-MoU signing statement as Tehran is boasting of great and solid results for its side. There are reports this includes a significant release of billions in its frozen assets in the West.
White House still suggesting an electronic MoU deal to be signed ...
America's Energy Future Is Being Decided In Obscure Utility Commission Races -
America's Energy Future Is Being Decided In Obscure Utility Commission Races
Authored by Elizabeth Gianini via RealClearEnergy,
Most Americans could not name a single member of their state Public Service or Utility Commission (PSC/PUC).
Radical climate activists are counting on that.
Across the country, radical climate activists and left-wing environmental organizations are po...
Trump Says New Israeli Attack On Beirut "Should Not Have Happened" - Also Warns Hezbollah "Let's Not Blow It" -
Trump Says New Israeli Attack On Beirut "Should Not Have Happened" - Also Warns Hezbollah "Let's Not Blow It"
Update(1140ET): President Trump on Truth Social has sought to brush back the Israeli Sunday strikes on Beirut's southern suburbs, saying this morning's attack "should not have happened" and given it was on "a special day when we are so close to a Peace Deal with Iran.
He e...
Swiss Voters Reject Proposal To Cap Population At 10 Million -
Swiss Voters Reject Proposal To Cap Population At 10 Million
Summary:
Swiss Voters Reject Population Cap of Ten Million Propsal
The initiative "No 10 Million Switzerland" (population cap of 10 million) is being voted on by the Swiss and is likely to be rejected at the ballot box
New Projection by research institute GFS Bern, commissioned by SRG SSR, 1 pm local time
...
MarketWatch - Top Stories
‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true? -
“He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”
Defaults in debt markets are starting again, warns Pimco. Here’s the bond giant’s game plan. -
Investors should increasingly seek out fixed income to anchor portfolios as equity valuations look stretched, says Pimco.
We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped? -
“If we were to leave, we would lose a portion of our buy-in — about $80,000.”
‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums? -
“I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”
SpaceX shows investors still want moonshots. The Fed may test that theory this week. -
Higher interest rates could make the AI growth story that’s been powering the bull market harder to justify.
My husband won’t sell his home so we can live together full time. Is this a red flag after a decade of marriage? -
“Our homes are 20 miles apart, and he still drives back and forth almost daily.”
I’m 60, retired with $3 million. My fiancée, 55, only has $1 million and plans to keep working. Are we compatible? -
“Although she is quite frugal, she has not been particularly diligent with investing.”
My plumber charged $160 to fix the cistern on my toilet — but created another problem. Do I pay again? -
“The cistern on my toilet has been constantly refilling and making a hissing noise.”
‘I feel like he may be taking advantage of us’: Our adviser pushes annuities after we already said no. Do we fire him? -
“I feel like he may be taking advantage of us.”
‘We are comfortable financially’: My husband is in his 60s and has $500,000 life insurance. Is this a good time to cancel? -
“Our kids are grown and independent.”
CNBC Top News
CNBC Economy
GATA
Venezuelan crime boss' demise creates opening to boost gold mining -
By Alex VasquezBloomberg NewsSunday, June 14, 2026
Tren de Aragua leader Niño Guerrero's killing not only fulfills U.S. President Donald Trump's pledge to go after a criminal group he had identified as a scourge in the United States. It also holds the promise of economic benefits in Venezuela.
The joint strike on Guerrero's base occurred in a remote region that is the heart of a promising gold ...
CFTC may block 24/7 oil contract to thwart 'volatility' -- that is, free market -
CFTC Considers Blocking CME's 24/7 Oil Contract Bid
By Nicola M White and Mia GindisBloomberg NewsFriday, June 12, 2026
The U.S. Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator.
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Guanajuato S...
Chris Irons: The problem isn't trillionaires but monetary policy -
By Chris IronsQuoth The Raven, SubstackSunday, June 14, 2026
An open letter to Sen. Elizabeth Warren about trillionaires and inequality.
Dear Senator Warren,
When I watched your recent video on X about Elon Musk becoming the first trillionaire, I found myself in the unusual position of agreeing with you -- at least in part. That is not a sentence I write often.
... Dispatch continues below ...
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DR Congo pushes Belgium to release colonial-era documents on mineral wealth -
By Camilla HodgsonFinancial Times, LondonSunday, June 14, 2026
The Democratic Republic of Congo is upping its efforts to regain access to a trove of historic geological records stored in a Brussels museum, in a bid to accelerate the discovery of new critical mineral deposits in the country.
Louis Watum Kabamba, the Congolese minister of mines, met Belgian and EU officials this week to discuss ...
China tees up digital payments system to compete with dollar -
By Joe Leahy and Cheng LengFinancial Times, LondonSaturday, June 13, 2026
China is getting ready for the commercial rollout of a digital currency programme that could reshape cross-border transactions, reduce reliance on the dollar and draw Beijing closer to its “Belt and Road” trading partners.
The Beijing-led platform, known as mBridge, is backed by the central banks of mainland China, Hong K...
Wolf Street
Legal Tender News
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
Five Years On, El Salvador Is Still Buying Bitcoin -
Five years ago yesterday, El Salvador's Congress voted 62-to-22 to pass the world's first Bitcoin Law, making the small Central American nation the first ...
Federal Reserve Note: What It Is, Longevity, and Key Features -
Discover what Federal Reserve notes are, their lifespan, and key features that make them secure and essential as the official paper currency of the U.S.
Next week El Salvador will become the first country to accept bitcoin as currency -
The government even went a step further in promoting the cryptocurrency’s use by giving $30 in free bitcoins to citizens who sign up for its national digital wallet, known as Chivo, or “cool” in ...
CoinDesk
Bitcoin could crash to $48,000, if this historical pattern is triggered -
A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.
Summer of crypto (regs): State of Crypto -
Lawmakers are debating taxes, the CFTC put out a prediction market proposal and court cases are heating up.
Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet -
The concept, called Predictive Allocation, will encourage participants to anticipate where liquidity will be needed next, instead of rewarding them for directing incentives toward pools that have already generated fees.
SEC's big swing to clear tokenization path isn't likely to get resilience of full rule -
Former SEC lawyers say that using its power to grant tokenization "innovation" efforts an exemption from securities law isn't as strong as a full-fledged rule.
Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion -
Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.
Crypto’s next billion-dollar hacker may move at superhuman speed -
Anthropic’s new Claude Fable 5 puts powerful cyber tools behind safety filters. DeFi, already hit by more than $840 million in hacks this year, is one of the industries with the most to lose if the filters fail.
Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve -
The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market.
Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash. -
O’Connor argues that crypto’s clearest success story has scaled as money but not as capital.
Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near -
Bitcoin traded above $64,000 on Saturday, supported by its strongest ETF inflows in a month and growing optimism around geopolitical developments.
Wall Street is moving past crypto pilots and deeper into Ethereum, says Etherealize founder -
In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in ETH itself.
bitcoin.com
Sui Blockchain Registers $65 Billion in Stablecoin Volume Following Major Fee Removal Protocol -
The high-performance blockchain engineered for fast and cheap transactions has garnered attention, reaching large stablecoin volumes after making stablecoin movements fee-free at the protocol level. According to Certik, the network has settled nearly $65 billion in stablecoins since June 10. Sui Attracts Attention With Gasless Stablecoin Transactions, Reaches $65 Billion in Settlements Sui, a h...
Bitcoin Difficulty Drops 10% to Lowest Level Since July 2025 as Hashrate Cools -
This week, Bitcoin’s difficulty epoch at block height 953568 delivered the year’s second-steepest downward adjustment to date. Following this weekend’s recalibration and looking ahead to the next two weeks, the latest difficulty reading of 124.93 trillion now stands as the lowest level recorded in 2026 and the weakest mark posted since July 12, 2025. Difficulty […]
Trump’s Crypto Firm WLFI Backs UFC Freedom 250 With $250K in Stablecoin Fighter Bonuses -
World Liberty Financial is using Sunday’s UFC Freedom 250 at the White House to put its USD1 stablecoin directly into fighters’ hands, marking one of the most visible real-world deployments of a Trump family crypto product to date. WLFI Puts $250K Into the Bonus Pool The Trump-linked crypto firm announced it would serve as the […]
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden -
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users while establishing clearer tax treatment for key activities across the sector. House Tax Panel Reviews Eight Digital Asset Tax Proposals The House Ways and Means […]
US Shuts Down Two Anthropic Models and Traders Move $2.87B Into Decentralized AI -
With the U.S. government compelling Anthropic to pull its two most advanced intelligence models—Fable 5 and Mythos 5—from customers around the globe, crypto assets linked to decentralized artificial intelligence (AI) have enjoyed a banner week. Fresh data indicates that approximately $2.87 billion has poured into AI-focused crypto tokens over the past seven days, suggesting that […]
Reason
Cato Institute
Tenth Amendment Center
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...
A Nation of Suspects -
Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […]
The post A Nation of Suspects appeared fir...
Electronic Frontier Foundation
Victory! 702 has Expired! -
Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process.
The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...
Yes to California's Bill to Ban Surveillance Pricing -
Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data.
Surveillance pricing is bad for privacy, equi...
‘News’ Site Keeps Hallucinating EFF Staffers -
What do EFF staffers Sarah Chen, Javier Morales, Caitlin Chin, Emma Rodriguez, and Mikko Kopponen have in common?
For one thing, they don’t exist.
For another, all have been quoted as EFF experts in articles published in the past two months on a site called News-USA Today, which describes itself as “an independent news publisher focused on clear, accurate, and useful journalism.”
Uh…
(Pleas...
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
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...
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General -
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more
Banking Dive
Senators press Trump to fill vacant FDIC, SEC board seats -
No Democrats serve in seats reserved for the minority party at several regulators, yet the White House may nominate a replacement for an outgoing Republican SEC commissioner, senators said.
Oklahoma’s BancFirst to buy SpiritBank, boost Tulsa presence -
The deal, set to close in the fourth quarter for an undisclosed sum, marks the second Tulsa-area bank acquisition in roughly a year for BancFirst.
No ‘designated geniuses’: How BofA democratizes innovation -
“Innovation isn’t in its own lane,” said Cameron Wadley, a Bank of America managing director whose patents are at the foundation of the bank’s AI assistant Erica.
Warren blasts Goldman’s Solomon over reports that legal chief is staying -
Sen. Elizabeth Warren and another lawmaker wrote the CEO after stories surfaced that he “pressed” Epstein-tied attorney Kathryn Ruemmler to remain an adviser at the bank after her resignation takes effect.
JPMorgan, Barclays, Fifth Third’s Tricolor suit dismissed -
A judge said he would explain "in due course" his reasoning for tossing the suit, in which plaintiffs alleged the banks missed the now-bankrupt auto lender's “blatant double-pledging scheme.”
American Banker
Bank of International Settlements
Credit supply in the wake of distressed bank acquisitions -
by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...
The anatomy of stablecoin transactions -
by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...
Strengthening the going-concern role of AT1: options and trade-offs -
Additional Tier 1 (AT1) instruments are designed to operate as going-concern capital. In instances where the issuer reaches the point of non-viability, these instruments also support an orderly resolution of a gone concern.
Nonetheless, in practice, the effectiveness of AT1 Instruments in fulfilling their primary role as going-concern capital is undermined by low trigger thresholds, the discre...
Federal Reserve - Press Releases
FDIC - Press Releases