Kitco News
Spot gold trades at $4,029/oz after Consumer Confidence drops to 90.8 in July -
(Kitco News) - Gold prices are trading up from session lows after the latest data showed a worsening picture for U.S. consumer sentiment this month.The Consumer Confidence Index rose to 90.8 in July, below economists’ consensus forecast for a 92.3 reading and below the upwardly revised 92.2 print from June, the Conference Board announced on Tuesday.
Gold, silver slide as rate-hike risk caps haven demand - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower ahead of the North American market open Tuesday, as a firmer U.S. dollar, elevated Treasury yields and caution before this week’s Federal Reserve decision pressured precious metals. At the time of writing, spot gold was trading near $4,031.00 an ounce, down 1.09%, while spot silver was trading near $57.19, down 1.89% on the session.
China is buying every dip and the 'reset' is already here, Middelkoop says -
(Kitco News) - The "Big Reset" author says China favors a lower gold price so it can keep accumulating, that gold's monetary role is returning quietly through central-bank books, and that silver is headed to $500.
Gold continues to hold $4,000 as U.S.-Iran pause pressures crude oil -
(Kitco NewsWire) - Spot gold and silver prices were firmer in late-afternoon U.S. trading Monday as lower oil prices eased the inflation impulse from the U.S.-Iran conflict, while positioning remained cautious ahead of this week’s Federal Reserve decision.
Gold's next $1,000 move is likely higher as Fed hawkishness peaks, says State Street's Doshi -
(Kitco News) - Gold prices are expected to consolidate around $4,000 an ounce through the rest of the summer as markets wait for clearer guidance from the Federal Reserve on the direction of its monetary policy for the remainder of the year.
China’s gold stockpile could surpass U.S. holdings in the next five years - BMO Capital Markets -
(Kitco News) - Lackluster Western gold demand has kept a lid on prices over the last few months; however, one bank has pointed out that Asian demand, led by China, remains a key pillar of support for the global market, and the nation's stockpile and influence could be much greater than previously believed.
Gold, silver rise as oil slides on U.S.-Iran pause -
(Kitco NewWire) - Spot gold and silver prices are higher in early U.S. trading Monday, as a sharp retreat in crude oil reduced immediate inflation pressure while investors positioned for this week’s Federal Reserve decision.
Gold remains stuck below $4,100 even as U.S. durable goods shows weak manufacturing activity -
(Kitco News) - The gold market continues to struggle to attract a consistent safe-haven bid even as the U.S. manufacturing sector rises at a slower pace than expected.
Wall Street cautious after gold’s lack of follow-through, Main Street bullish with Fed decision on deck -
The latest Kitco News Weekly Gold Survey showed Wall Street bearish or undecided on gold’s near-term prospects, while Main Street sentiment remained improved after the yellow metal defended $4,000 support once again.
Gold holds near $4,050 as equities diverge, oil falls - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Friday, as crude oil pulled back from Thursday’s spike, Treasury yields eased and the U.S. dollar held near recent highs. At the time of writing, spot gold was trading near $4,052.70 an ounce, up 0.08%, while spot silver was trading near $58.16, up 0.87% on the session.
Zero Hedge
FIRY Wins $719 Million Game Of Solitaire, Torching Shorts Along The Way -
FIRY Wins $719 Million Game Of Solitaire, Torching Shorts Along The Way
Markets rarely hand you a clean morality play. On Monday night, a federal judge entered one, clocking in no less than 78 pages, in the public docket. And for anyone who has played one of America's chart-topping “skill gaming” apps - a group that certainly includes many readers of this site - this may be for you...
PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads -
PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads
By Emma Penrod of UtilityDive,
Pacific Gas and Electric now counts 12.7 GW in its data center pipeline, of which 490 MW of projects have executed interconnection agreements and another 3.9 GW are in final engineering, company officials said Thursday during a second-quarter earnings call.
The company’s d...
Mediators Say US-Iran 'Close' To 'Resurrecting' Failed MoU Deal, Pushing Oil Lower, Stocks Jump -
Mediators Say US-Iran 'Close' To 'Resurrecting' Failed MoU Deal, Pushing Oil Lower, Stocks Jump
Update(11:35ET): Here we go again... despite no evident change in war posturing on either side, and despite shipping traffic still largely at a complete standstill in the Strait of Hormuz, Fox News is out with claims that the failed Memorandum of Understanding (MoU) could be 'resurrected...
The Fair Share Myth And Other Socialist Fables -
The Fair Share Myth And Other Socialist Fables
Authored by Jonathan Turley,
New York City socialist mayor Zohran Mamdani is back in his element. After admitting that he cannot fulfill his campaign pledge to arrest Israeli Prime Minister Benjamin Netanyahu, Mamdani returned to his class warfare narrative. This week, he taunted the city’s highest-earning taxpayers with a letter info...
Secret Service Probes Iran-Linked Video Calling for Melania Trump's Assassination -
Secret Service Probes Iran-Linked Video Calling for Melania Trump's Assassination
Authored by Tom Ozimek via The Epoch Times,
A video calling for the assassination of First Lady Melania Trump has been published by a media outlet linked to Iran’s Islamic Revolutionary Guard Corps (IRGC), with the U.S. Secret Service saying it is aware of the material and investigating anything perc...
Nearly 400 Drones Target Moscow Overnight, With Zelensky In Washington Seeking To Sway Trump -
Nearly 400 Drones Target Moscow Overnight, With Zelensky In Washington Seeking To Sway Trump
Ukraine's long-range drone attacks on Russian territory have long become a nightly thing (as have Russian drones and missiles on Ukraine territory), but it has become clear that these attack waves have grown in volume and effectiveness.
On Tuesday Russian officials are newly acknowledging ...
Massie Joins Democrats In Bid To Sue White House Over Iran War -
Massie Joins Democrats In Bid To Sue White House Over Iran War
Authored by Dave DeCamp via AntiWar.com,
Rep. Thomas Massie (R-KY) is joining a group of Democrats who are attempting to sue the White House over its refusal to follow a War Powers Resolution that was passed by Congress and directed President Trump to end the war with Iran, Fox News Digital reported Monday.
The War Po...
Conference Board Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years -
Conference Board Survey Signals Ugly Job Market, Weakest 'Present Situation' In Over 5 Years
The Conference Board's measure of Americans' Consumer Confidence fell more than expected in July, from an upwardly revised 92.2 to 90.8 (well below the 92.4 expectation)...
The Present Situation index fell to 114.9 (below 117.5 exp) - its weakest since Feb 2021 while Expectations were unc...
J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim -
J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim
Johnson & Johnson announced late Monday that it had reached an agreement to commit $5.5 billion to resolve most lawsuits alleging its talc products caused ovarian cancer. The settlement could end 15 years of litigation and "lift the remaining overhang" on J&J shares, according to one...
Max'd Out Again: FAA Proposes Inspections For Hundreds Of Boeing 737 Planes Over Seat Installations -
Max'd Out Again: FAA Proposes Inspections For Hundreds Of Boeing 737 Planes Over Seat Installations
Authored by Naveen Athrappully via The Epoch Times,
The Federal Aviation Administration (FAA) is proposing an inspection of hundreds of seats installed in Boeing 737 Max aircraft due to safety concerns.
The FAA proposed adopting a new airworthiness directive for three 737 Max mod...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Mike Maharrey: Inflation is worse than CPI indicates, as you might have noticed -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoTuesday, July 28, 2026
We all intuitively know that prices are rising faster than the Consumer Price Index indicates. We feel the pain every time we go to the grocery store or gas station. But just how much is price inflation impacting us here on Main Street?
I started pondering this question the other day when I ran across a graph tracking the...
Ghana earmarks $429 million to buy gold, shifting fiscal risks -
By Moses Mozart DzawuBloomberg NewsTuesday, July 28, 2026
Ghana has allocated 5 billion cedis ($429 million) to finance gold purchases that boost its foreign-exchange reserves after shifting the program from the central bank to the government, potentially increasing fiscal risks.
The government's revised 2026 budget made the allocation for bullion purchases to the Ghana Gold Board, after respon...
China's June net gold imports via Hong Kong up from year ago, down from May -
By Ashitha ShivaprasadReutersMonday, July 27, 2026
China's net gold imports via Hong Kong more than doubled year-on-year in June, but slipped over 5% from the previous month, data from Hong Kong's Census and Statistics Department showed on Monday.
The world's top gold consumer imported a net 50.679 metric tons of gold via Hong Kong in June, compared with 53.674 tons in May and 19.366 tons in...
Maharrey, Casey demolish Bessent's assurance about Fort Knox gold -
11:59a ET Friday, July 24, 2026
Dear Friend of GATA and Gold:
Mike Maharrey of Money Metals Exchange and International Man's Doug Casey today demolish Treasury Secretary Scott Bessent's recent assurance that everything is fine with the U.S. gold reserve at Fort Knox, despite the demands President Trump and adviser Elon Musk made for a full audit as the second Trump administration began.
... Di...
Venezuela's new regime sees a chance to recover country's gold in London -
Why Venezuela Can't Access $4 Billion in GoldThat Could Help With Earthquake Recovery
By German PadingerCNN, New YorkFriday, July 24, 2026
It's a fight for control over a stash of gold locked away in one of the world’s largest and most secure vaults, but this is no 18th-century pirate novel or bank heist movie.
It's the situation facing the Venezuelan government as it attempts to navigate its w...
Wolf Street
Legal Tender News
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 ...
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, ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
The Conundrum Of Bitcoin Legal Tender Laws -
Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the Bitcoin 2021 conference in Miami when he announced that bitcoin would become legal tender in his country. A few days later, ...
CoinDesk
BlackRock, Fidelity, other Wall Street giants back the Clarity Act -
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.
Ethereum startup EthSystems bets privacy is key to getting banks on public blockchains -
EthSystems, which spun out of the Ethereum Foundation earlier this month, is focused on building privacy infrastructure for banks and other financial institutions.
Russia outlines new digital depository rules ahead of fall crypto framework roll-out -
The central bank's draft rules require digital asset platforms to hold up to $2.8 million in liquid capital as a sweeping regulatory framework looms.
Hyperliquid is taking crypto perps deep into DeFi’s ‘money LEGO’ land -
Hyperliquid is capitalizing on the volume and depth of its order book by giving firms the option to compose with the platform’s shared liquidity, rather than fragmenting it.
Zcash seals $1.7 billion shielded pool as Ironwood upgrade activates -
The upgrade retires Orchard, where a counterfeiting bug sat undetected for four years. Every coin inside now has to leave through a gate that caps withdrawals at verified deposits.
Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success -
The asset manager is offering low-cost ETH and SOL exchange-traded products after its bitcoin fund topped $381 million in assets.
Core Scientific lands AMD AI deal as bitcoin mining operation winds down -
The agreement accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC agreement with Block.
Binance makes fighting crypto crime more difficult, says new report -
The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slow-moving government treaties to get user data.
Apple kept fake bitcoin wallet on App Store after $875,000 theft report, lawsuit alleges -
A lawsuit alleges Apple kept a fake bitcoin wallet app on its store after one user reported an $875,000 theft, leading to another user having roughly $840,000 stolen.
Bitcoin’s recent stability hasn't been enough to spark a broader altcoin rally -
Your day-ahead look for July 28, 2026
bitcoin.com
Morgan Stanley Launches Ether and Solana ETPs With Staking and Market-low Fees -
Morgan Stanley has launched exchange-traded products tracking ether and solana, expanding a digital asset lineup that began with bitcoin. Their 0.14% fees and staking plans raise the competitive pressure on established crypto fund managers. Morgan Stanley Combines 0.14% Fees and Staking to Challenge Crypto Fund Leaders Morgan Stanley is bringing its distribution power to the […]
Galaxy Digital Bets Big on AI With 500-Acre Texas Campus as GLXY Shares Slump 17% -
Galaxy Digital has acquired roughly 500 acres in McGregor, Texas, marking the company’s second major data center investment in the state. The deal, signed through a development agreement with the City of McGregor, will put an artificial intelligence and high-performance computing campus inside the McGregor Industrial Park. The land sale generated approximately $7.5 million in […]
Arthur Hayes Buys $6.39 Million More ETH Despite a $301K Paper Loss: Here’s What He’s Betting on -
Former BitMEX CEO Arthur Hayes bought another $6.39 million in ether (ETH), pushing his total purchases to 7,213 ETH even though the position sits roughly $301,000 underwater. The Maelstrom chief investment officer’s buying streak follows a $606,000 loss he booked on ETH just weeks earlier. A $6.39 Million Buy Extends a Two-Week Streak Lookonchain flagged […]
Nigeria’s First SEC-Licensed Exchange, Quidax, Expands Stablecoin Infrastructure to Over 21 Countries -
Lagos, Nigeria, July 28, 2026 – Quidax, the first digital assets exchange to receive a provisional licence from Nigeria’s Securities and Exchange Commission (SEC), today announced the expansion of its stablecoin infrastructure to more than 21 countries and 14 currencies, enabling startups, fintechs, and global enterprises to move value seamlessly across Africa and key international […]
Raoul Pal: Bitcoin’s 87% Correlation to Global Liquidity Beats Earnings and Headlines -
Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate earnings or the news cycle. A Detailed Explanation Pal, founder of financial media platform Real Vision and a retired Goldman Sachs hedge fund manager, is […]
Reason
Not What Judges Want to See from Litigants -
From today's sanctions order in Copycat Legal PLLC v. Peralo, by Judge David Leibowitz (S.D. Fla.), entered on the court's…
The post Not What Judges Want to See from Litigants appeared first on Reason.com.
Minority Report: FBI Seeks AI for Political Watch List -
Documents show the FBI seeking AI tools to flag Americans before they act, as the terror watch list's focus moves toward domestic dissent.
A Year After the Wildfires, L.A. Homelessness Spikes -
Plus: A new lawsuit challenges New York's rent freeze, a study affirms new supply helps everyone, and the battle between data centers and clouded leopards.
People Have Got To Try Being Normal About Caitlin Clark, Sophie Cunningham, and the WNBA -
Plus: Congress struggling to regulate college sports, looking at the economics of World Cup hosts, and why are golf shows all the same?
The New York Times On Heritage Foundation 2.0 -
With a flashback to my resignation.
What Anthony Fauci's Diary Reveals About COVID -
The details prove that the two Faucis—public Fauci and private Fauci—were totally at odds.
Eliminate the Summer Recess -
A new series on SCOTUSBlog with recommendations for Unilateral Supreme Court Reform.
There Are 150 Completely Uncompetitive House Races in This Year's Midterms -
That's more than one-third of the House. Those districts include more than 84 million Americans, whose input doesn't matter.
Does Trump Need a Win? -
Plus: City-owned grocery stores, Cuban pain, DSA types might take Wisconsin, and more...
Heartwarming? Appalling? On Whose Part? Whatever It Is, It's Strange Indeed -
'Tis strange,—but true; for truth is always strange; Stranger than fiction; if it could be told, How much would novels…
The post Heartwarming? Appalling? On Whose Part? Whatever It Is, It's Strange Indeed appeared first on Reason.com.
Cato Institute
Tenth Amendment Center
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Constitution: The REAL Reason it Even Exists. -
The founders knew - freedom cannot exist with a government - that doesn’t have strict rules, a clear line in the sand that it’s not allowed to cross. In other words, when government determines the extent of its own power. On this episode, how lessons learned in the American Revolution gave birth to the written constitution. And more importantly, the real reasons it exists - that the government-...
The Foundation of the Constitution: Top-5 Principles from the American Revolution -
Thomas Jefferson called the 10th Amendment the "foundation of the Constitution," and for good reason too. It enshrines many of the radical principles that sparked the “real American Revolution” in the years before the War for Independence.
The post The Foundation of the Constitution: Top-5 Principles from the American Revolution appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Why Are Gay Bars Building Databases of Their Patrons? -
Recent reports have raised alarm about the use of PatronScan, an ID-checking and face-scanning system, at multiple LGBTQ+ bars in San Francisco’s Castro neighborhood. Much of the attention has focused on reports that the system photographs patrons as they enter venues and questions about whether those images are used for facial recognition.
A broader privacy concern also deserves scrutiny. For ...
Missed EFF's Livestream with Adam Savage and iFixit? Listen Here! -
EFF’s first EFFecting Change livestream was all the way back in July of 2024. Maybe you've caught each stream, or maybe you’ve only caught a few. Or maybe you’re like me and prefer to listen to conversations like these on your daily commute! Either way, if you want to stay on top of these monthly conversations, you can now subscribe to our new podcast feed for EFFecting Change—starting with our...
Farmers Are Getting Control Of Their Equipment Back -
For years, John Deere had actively made repairing their tractors near-impossible for anyone but itself and the few "authorized" repair shops—regardless of the ability of its customers to actually visit such shops. Now, in a major win for farmers and right to repair advocates, John Deere must soon provide farmers with not just the tools and resources to finally repair their own John Deere equipm...
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
WY: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming -
See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more
Gun Owners of America Gun Giveaway Official Rules -
Gun Owners of America GOALS 2026 Giveaway OFFERED ONLY TO LEGAL U.S. RESIDENTS AGED 18 YEARS OR OLDER, WHO ARE ELIGIBLE TO OWN A HANDGUN UNDER ALL APPLICABLE LAWS. 1. ELIGIBILITY: Open to U.S. residents age 18 years or older, who are eligible to own and lawfully receive a handgun under federal, state, and local laws, and who enter the … Read more
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms -
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms FOR IMMEDIATE RELEASE July 20, 2026 CHARLOTTE AMALIE, USVI — Gun Owners of America (GOA) and Gun Owners Foundation (GOF) have filed a federal lawsuit challenging the U.S. Virgin Islands’ prohibition on nonresidents exercising their Second Amendment rights. The lawsuit argues the USVI ...
Banking Dive
Rent fintech Flex applies for ILC charter -
Jeff Berkson, who until May served as chief risk officer at WebBank, will be the bank’s proposed CEO. The lender will be based in the Salt Lake City area and operate nationally through digital channels.
BitMEX to shutter after 11 years -
HDR Global Trading Limited, BitMEX’s owner and operator, has decided to close the cryptocurrency exchange following a strategic review of the business and crypto industry.
Huntington banks on fee growth amid deposit cost competition -
As the regional lender’s deposit costs edge up, strong fee revenue can offset the bank’s slightly lower than expected net interest income, CFO Zach Wasserman said.
Banco Popular CEO to retire -
Puerto Rico’s largest lender is moving its CFO, Jorge García, into its chief executive role when Javier Ferrer exits the bank Aug. 31.
Democrats grill CFPB nominee over CapOne, staff-cut plan -
Capital One executive Brian Johnson weathered a testy exchange with Sen. Elizabeth Warren over potential conflicts of interest. Johnson said the CFPB has “deficiencies” but is “capable of great good.”
American Banker
Bank of International Settlements
AI and the global economy: implications for central banks -
by Iñaki Aldasoro, Leonardo Gambacorta, Enisse Kharroubi, Matthias RottnerThe AI boom is driving a large, increasingly debt-financed investment surge and boosting trade and equity markets, generating sizeable terms-of-trade and wealth effects that differ across countries. The productivity payoff from AI, though potentially large, remains uncertain and uneven, across both sectors and countries. ...
What drives exchange rate pass-throughs? Evidence from a non-parametric method -
by Emanuel Kohlscheen, Aaron MehrotraWe provide new evidence on the drivers of the pass-through of exchange rate movements into consumer prices across four decades and close to a hundred countries, combining econometrics and random forests. Random forests are particularly useful for modelling highly non-linear relationships, as well as for identifying the relative importance of the different th...
Dollarisation and monetary control: what lessons for the rise of stablecoins? -
by Boris Hofmann, Aaron Mehrotra, Jan PaulickThe emergence of stablecoins has created a new channel to access US dollar liquidity in emerging market and developing economies (EMDEs), similar to the historical role of foreign currency deposits, or "deposit dollarisation". This has raised concerns about the possible implications for monetary control in EMDEs. Drawing on data on foreign currency d...
Federal Reserve - Press Releases
FDIC - Press Releases