Kitco News
Gold market could see further ETF redemptions as prices turn negative on the year - Standard Chartered’s Cooper -
(Kitco News) - The gold market continues to test its lower bounds, with one analyst seeing further fragility in the marketplace.
Gold, silver slide as rate risk overwhelms haven demand - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Tuesday, as rate-hike expectations and a bearish technical break outweighed weaker crude oil and residual safe-haven demand tied to the Strait of Hormuz.
Platinum, palladium extend losses as Bank of America maintains bullish year-end price outlook -
(Kitco News) - While most investors have been focused on gold’s recent breakdown, there has been a broad-based sell-off in the precious metals complex, with platinum group metals feeling the brunt of the sell-off.
Gold and silver will gain as rising debt and inflation reprice bonds and the broader market – Sprott’s Wong -
(Kitco News) – Rising debt and inflation levels are repricing markets while the constraints on available policy responses favor hard assets, and the recent price pullback and subsequent consolidation of gold and silver hasn’t violated this thesis, according to Paul Wong, managing partner and market strategist at Sprott Inc.
Citi cuts near-term gold price target from $4,300 to $4,000, warns of limited upside -
(Kitco News) – Citigroup’s commodities research team cut its gold price target for the next three months to $4,000 per ounce from $4,300, with analysts citing improving macro conditions and a less supportive demand backdrop as the key reasons, according to a research note published Monday.“We see limited catalysts for a sustained move higher in the very near term,” the note said.
Gold price continues to struggle as U.S. Existing Home Sales rise 3.2% in May -
(Kitco News) - The gold market continues to struggle to attract new bullish attention and could see renewed selling pressure as the U.S. housing market appears to be stabilizing.
Gold firms, silver rebounds near 200-day average as CPI looms - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Tuesday, as oil prices pulled back, U.S. equity futures pointed higher and traders looked ahead to Wednesday’s May consumer price index.
Gold holds near $4,330 as oil pares Iran-Israel risk premium - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were near steady and spot silver prices were firmer in late-afternoon U.S. trading Monday, as perceived safe-haven demand tied to renewed Middle East tensions was offset by firmer rate expectations after Friday’s U.S. jobs report.
Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains -
(Kitco News) - After Friday’s breakdown, gold prices could have further to fall, but some analysts believe investors should ignore the noise and focus on the bigger picture.
China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases -
(Kitco News) – The People’s Bank of China (PBoC) increased its gold reserves by nearly 10 tonnes last month, its 19th consecutive month of bullion purchases, according to the latest government data.The State Administration of Foreign Exchange (SAFE) announced on Sunday that China's official gold reserves rose by 320,000 troy ounces or 9.95 tonnes in May to a total of 74.96 million troy ounces o...
Zero Hedge
Five Tax Moves To Make Before December 31 That Most People Miss -
Five Tax Moves To Make Before December 31 That Most People Miss
Authored by Peter Daisyme via Due,
Every January, I hear the same regret from friends and colleagues: "I wish I had known about that before the year ended." Tax planning has a hard deadline, and most of the best strategies expire on December 31 with no extensions, no exceptions, and no do-overs.
Five Tax Moves to Make...
China Unveils Nuclear-Powered Floating Hub For Green Shipping -
China Unveils Nuclear-Powered Floating Hub For Green Shipping
China has proposed a large offshore logistics platform powered by nuclear energy that would function as both a cargo transfer hub and a refuelling/charging centre for ships, according to the South China Morning Post.
The concept, unveiled by Jiangnan Shipyard, combines port infrastructure, energy generation, and cargo h...
The Spanberger Surge: Virginia Governor May Prove The Greatest Gun Influencer Since Charlton Heston -
The Spanberger Surge: Virginia Governor May Prove The Greatest Gun Influencer Since Charlton Heston
Authored by Jonathan Turley,
Is Virginia Gov. Abigail Spanberger (D) a mole for the National Rifle Association (NRA)? After the recent scandal involving the Southern Poverty Law Center (SPLC), some may wonder given a curious turn of events in Virginia. Gun sales have surged after Sp...
Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects -
Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects
SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians, mariners, welders, and other salaried workers who have accumulated equity over the years.
Elite liberals who earned unproductive, 'woke' degrees and are dro...
Memos Show Anti-Trump Nonprofit Assisted State Prosecutions Of Trump Supporters -
Memos Show Anti-Trump Nonprofit Assisted State Prosecutions Of Trump Supporters
Via American Greatness,
A nonprofit organization led by prominent Trump critic Norm Eisen quietly assisted Democratic attorneys general and prosecutors in efforts targeting supporters of President Donald Trump who challenged the 2020 election, according to internal memos, contracts and public records r...
Mystery Car Bombing Near Moscow May Have Taken Out A Top General -
Mystery Car Bombing Near Moscow May Have Taken Out A Top General
In what appears the latest targeted killing in a string of high profile assassinations of top Russian military brass since the Ukraine war began, an unidentified man - possibly a high-ranking military officer, was reportedly blown up Tuesday morning after a bomb detonated in his car.
The incident happened very early ...
4 California School Districts Under DoJ Review Over Gender Ideology, Sex Ed Policies -
4 California School Districts Under DoJ Review Over Gender Ideology, Sex Ed Policies
Authored by Kimberley Hayek via The Epoch Times,
Four California public school districts face federal inquiries into whether their policies and practices regarding instruction on sexual orientation and gender ideology violate students’ civil rights.
The districts under Justice Department review...
Kuwait Turns To Anduril For $2 Billion Counter-Drone Shield After Horrifying Airport Attack -
Kuwait Turns To Anduril For $2 Billion Counter-Drone Shield After Horrifying Airport Attack
The moment an Iranian Shahed-136 drone struck Kuwait International Airport last week appears to have been a major wake-up call for Kuwaiti officials. The incident likely crystallized a troubling reality: legacy air-defense systems are not enough to counter the Shahed drone threat spreading a...
Bitcoin Perps' Algorithmic '0.01%' Scythe: How The Funding-Rate Mechanism Explains Your "Mystery" Liquidations -
Bitcoin Perps' Algorithmic '0.01%' Scythe: How The Funding-Rate Mechanism Explains Your "Mystery" Liquidations
Authored by danny (@agintender) via WuBlockchain's Aki Chen,
Why is derivatives trading the exchange’s money printer? Why do some venues dare to take the other side of their customers’ trades? By unpacking the funding-rate mechanics of Bitcoin perpetual futures (perps) an...
SNAP Benefits Go To 186,000 Dead People... And Stopping Them Might Be Difficult -
SNAP Benefits Go To 186,000 Dead People... And Stopping Them Might Be Difficult
Authored by Tom Gantert via The Epoch Times,
President Donald Trump’s anti-fraud efforts have brought renewed focus on issues plaguing the welfare system, including the millions of dollars in food stamps that are being sent to dead recipients.
The U.S. Department of Agriculture (USDA) released a rep...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
BIS gold swaps rise as the metal's price falls -
9:53p ET Tuesday, June 9, 2026
Dear Friend of GATA and Gold:
As gold prices keep falling, gold swaps arranged by the Bank for International Settlements on behalf of its member central banks keep rising.
Drawing on the bank's monthly statement for May --
https://www.bis.org/banking/balsheet/statofacc260531.pdf
-- which was published today hard upon publication of the bank's statements for March ...
Craig Hemke: Central bank gold demand and price trends -
By Craig HemkeSprott Money, TorontoTuesday, June 9, 2026
Central bank demand has been a key driver of the gold price since 2023. While a few countries have sold some gold in early 2026, several others have picked up the pace and their continued demand provides long term support for price.
During interviews in late 2025, I recall being asked what could derail the bull market in precious metals....
Singapore's OCBC Bank to offer physical gold trading and storage -
By Timothy GohThe Straits Times, SingaporeMonday, June 8, 2026
SINGAPORE -- Wealthy investors will soon be able to buy and store physical gold bars with OCBC Bank, as demand for holding bullion in Singapore grows amid persistent geopolitical tensions and economic uncertainty.
The service will be available from June 10 to OCBC's institutional clients, as well as high-net-worth and ultra-high-net...
Ed Steer: Gold's 200-day moving average falls in a brutal bear raid -
10a ET Sunday, June 7, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Brutal Bear Raid: Gold's 200-Day Moving Average Falls" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/brutal-bear-raid-golds-200-day-moving-average-falls
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committ...
China's PBOC adds gold again as bullion remains under pressure -
By Jessica ZhouBloomberg NewsSaturday, June 6, 2026
China's central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure.
Bullion held by the People's Bank of China rose by 320,000 troy ounces last month, according to data released today. The latest addition extended its buying streak to 19 months, the longest since at least 201...
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 ...
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 ...
Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver -
Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals LITTLE ROCK, AR / ACCESSWIRE / April 20, 2023 / Sound ...
CoinDesk
Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns -
The effort to push several tax bills is meant to be bipartisan, but the parties may not be comfortable with all details of the seven bills weighed by the panel.
Securitize CEO says tokenized stocks could unlock a $5 trillion crypto market -
At a panel at ETHConf, Carlos Domingo argued that bringing stocks and exchange-traded funds onchain could unlock a market far larger than today's roughly $30 billion tokenized asset sector.
UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs -
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.
5 corruption gaps Congress must close in the Clarity Act -
The most consequential crypto legislation in the world is moving forward in the U.S. Senate. As written, it leaves the United States exposed to money laundering, sanctions evasion, and conflicts of interest at the highest levels of government, argues Greytak.
Trad.Fi, W3 target $650 million in onchain private credit using AI evaluation -
Equipment-financing lender Trad.Fi is working with W3 to automate capital workflows and bring real-economy business lending onto public blockchain rails.
Ethena lands Janus Henderson backing as asset manager invests in ENA, eyes USDe distribution -
The deal underscores the trend of traditional asset managers backing DeFi infrastructure, following BlackRock's Uniswap and Apollo's Morpho investments.
Come back after the summer, says one analyst on crypto markets -
Bitcoin's growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson.
A16z, Paradigm lead $175 million bet to move global credit markets onchain -
Morpho secured $175 million from Paradigm, a16z crypto and Ribbit as the lending protocol seeks to become foundational infrastructure for onchain credit markets.
CoinDesk 20 performance update: AAVE Drops 2.6% as all constituents trade lower -
Uniswap (UNI), down 2.9% from Monday, joined Aave (AAVE) as an underperformer.
Bitcoin inflows slow sharply in 2026 as investors chase AI, Bernstein says -
Bernstein said bitcoin's increasingly diversified ownership base supports its long-term store-of-value thesis.
bitcoin.com
Can SpaceX IPO Deliver? Devere Says Real Test Comes After -
SpaceX’s expected market debut could test whether public investors still have patience for massive private-market valuations. Devere Group says the real challenge will begin after the IPO, when investors start judging growth, spending, execution, and profitability quarter by quarter. SpaceX’s June Debut Could Test Public Demand for Historic IPO SpaceX’s long-awaited stock market debut is […]
61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections -
A coalition of 61 industry leaders, founders, and investors is urging Senate leaders to pass the CLARITY Act while preserving key developer protections. The push follows Senate Banking Committee approval of the Blockchain Regulatory Certainty Act (BRCA) that would clarify rules for developers and service providers. Developer Protections Move to Center of US Crypto Regulation […]
XRP Fees Collapse 91.5% as Network Demand Flashes Warning -
XRP’s 90-day network fee average has plunged 91.5%, with Glassnode data pointing to a sharp drop in real transaction demand despite earlier price strength. The trend suggests network activity has weakened considerably since the speculative surge, raising questions about the sustainability of underlying usage. XRP’s Fee Collapse Raises Questions About Real Network Demand XRP’s on-chain […]
Coinbase, Ripple Join 200+ Organizations Pressing Senate for CLARITY Act Floor Vote -
Coinbase, Ripple, and more than 200 organizations are pushing Senate leaders to bring the CLARITY Act to a floor vote. Supporters say the bill would clarify crypto oversight, create registration paths, and keep more digital asset activity under U.S. law. Crypto Coalition Turns Senate Pressure Toward a Floor Vote Washington’s digital asset debate has moved […]
Metamask Launches Agent Wallet for AI-Driven DeFi Trading, Targets $236B AI Agent Market -
Metamask has launched Agent Wallet, a self-custodial wallet that lets AI agents trade across DeFi while keeping users in control. The product adds mandatory transaction checks, user-set limits, and protection for eligible transactions. Metamask Covers Eligible Agent Wallet Transactions Up to $10,000 Metamask is moving into AI-driven finance with the launch of Metamask Agent Wallet, […]
Reason
"Desire to Undo the Past" Can't Justify Libel Claim Over "Indisputably Truthful" Articles About Criminal Charges + Expungement -
An excerpt from Sunar v. Gray Local Media, Inc., decided today by Judge Kenneth Bell (W.D.N.C.): Defendants Gray Local Media,…
The post "Desire to Undo the Past" Can't Justify Libel Claim Over "Indisputably Truthful" Articles About Criminal Charges + Expungement appeared first on Reason.com.
Why You Can't Settle Mars or Colonize the Moon Without Real Property Rights -
The Outer Space Treaty and other legal obstacles could block our sci-fi future.
J.D. Vance and Mike Johnson Slam L.A. Mayoral Primary Outcome -
Robby Soave and Amber Duke discuss renewed Republican criticism of California's slow election results.
Trump's $100,000 H-1B Visa Fee Is an Unconstitutional Tax, a Federal Judge Rules -
U.S. District Judge Leo Sorokin struck down the fee, saying it exceeds the president's statutory authority and violates the separation of powers.
Office of Legal Counsel Concludes That Disparate Impact Liability Under Title VII Is Unconstitutional -
Two decades after Justice Scalia's Ricci concurrence, the "war between disparate impact and equal protection will be waged" very soon.
My New Washington Post Op ed on NYC Mayor Mamdani's Unconstitutional Housing Policy -
His plan to expropriate rental housing violates the Takings Clause, and would exacerbate the City's housing crisis rather than alleviate it.
Evidence Destroyed or Lost in Death of ICE Detainee That Was Ruled a Homicide -
A medical examiner ruled Geraldo Lunas Campos' death a homicide by asphyxiation. Witnesses say guards choked him to death. Now a government report says evidence is missing.
Nude Shrek Text to Ohio State Senator Reportedly Lands Blogger in Jail -
Free speech experts say the “Shrext” is protected by the First Amendment.
Streamlining and Taxes -
New York lawmakers exempt some housing from the state's environmental review law while piling taxes on second homes.
"Al Ghashiyah Testified That … as Head of the Family, He Has Decided that Islamic Law Is the Law that Applies to the Family" -
Uh, no, says the Wisconsin Court of Appeals, refusing to set aside plaintiff’s brother’s will, in which the brother left nothing to the plaintiff.
Cato Institute
Tenth Amendment Center
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...
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 ...
Electronic Frontier Foundation
How and Why to Fight Back Against Social Media Bans -
Several U.S. states are pushing to ban young people from social media entirely. This marks the latest wave of censorship bills masquerading as “children’s online safety” measures, with states like Massachusetts, Idaho, Minnesota, North Carolina, South Carolina, Illinois, and EFF’s home state of California leading the charge.
Just a few years ago, lawmakers supporting age-gating laws insisted th...
Tell Congress: Just Say No to NO FAKES -
The Senate Judiciary Committee is set to consider and vote on the Nurture Originals, Foster Art, and Keep Entertainment Safe Act (NO FAKES). Instead of targeting the real privacy harms posed by AI-generated replicas, this law would create another layer of internet censorship on top of the already existing legal and voluntary takedown systems. Congress should reject NO FAKES.
Take action
Tell Co...
VICTORY: Meta Strips Facial Recognition Code From Smart Glasses App After Public Outcry -
Just days after a damning WIRED report exposed that Meta had quietly embedded facial recognition technology (FRT) code into millions of phones, the tech giant has quietly acquiesced in demands to reverse course.
Last week, researchers identified code in Meta AI, a companion app for its line of smart glasses, that could convert images of faces into unique biometric signatures to identify strange...
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 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
VA: GOA’s Lawsuit Over Gun & Magazine Bans has a hearing this Friday – TAKE ACTION -
Gun Owners of America, Gun Owners Foundation, Virginia Citizens Defense League, Virginia Citizens Defense Foundation, and gun rights journalist John Crump’s suit against Virginia’s new gun control laws is being heard this Friday. The case, Crump v. Katz, challenges SB749 and SB727, the sweeping bans on so-called “assault firearms” and standard-capacity magazines. These laws target some of the m...
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...
Banking Dive
Half of bank CEOs are older than 65: study -
Twenty years ago, fewer than 20% were over 65, Truist Securities researchers wrote, detailing the effect of CEO age on bank culture and mergers and acquisitions.
Truist adds BofA alum Cathy Bessant to board -
The 40-year Bank of America veteran retired from that bank in 2023 as vice chair of global strategy. She unquestionably ranked among the top women banking execs in the late 2010s and early 2020s.
Klarna dives deeper into banking -
The buy now, pay later provider is debuting a high-yield savings account to lure more people away from banks and into its ecosystem.
What SoFi learned testing its AI adviser Coach -
“When it comes to financial guidance and coaching, there's both an art and a science to it,” said Brian Walsh, head of advice and planning at the digital bank.
2 Italian banks vie for Monte Paschi -
Intesa Sanpaolo launched an unsolicited $35.3 billion bid Monday to acquire the world’s oldest bank. The offer came a day after Banco BPM proposed a merger of equals.
American Banker
Bank of International Settlements
Burkhard Balz: Cash and the digital euro – complementary forms of public money -
Opening statement by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the ESTA Conference and Exhibition 2026, Berlin, 8 June 2026.
Michael S Barr: Deregulating in a financial boom - what could go wrong? -
Speech by Mr Michael S Barr, Member of the Board of Governors of the Federal Reserve System, at the American University, Washington DC, 6 June 2026.
Michele Bullock: Opening Statement to the Senate Economics Legislation Committee (Budget Estimates 2026–2027) -
Opening statement by Ms Michele Bullock, Governor of the Reserve Bank of Australia, to the Senate Economics Legislation Committee (Budget Estimates 2026–2027), Canberra, 4 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases