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
Strategy's New Math: Dilution Equals Accretion? -
Strategy's New Math: Dilution Equals Accretion?
Submitted by QTR's Fringe Finance
Strategy’s Bitcoin is worth roughly $12 billion less than the company paid for it, yet Michael Saylor’s message last week was simple: “Business is Good.”
But today’s article isn’t really about unrealized losses. It’s about whether Strategy is changing the way it measures shareholder accretion and co...
Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table -
Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table
Iran Weighs In on Anticipated MoU Signing Details, Potential Unresolved Issues
Bloomberg and Reuters are reporting Sunday some fresh details on Iran's version of what the MoU to be signed - which President Trump says will happen today (albeit remotely) will inlc...
Early Projections: 52% Of Swiss Vote Against Immigratiion/Population Cap -
Early Projections: 52% Of Swiss Vote Against Immigratiion/Population Cap
Summary:
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
Vote Projection: 52% against Population Cap
Swiss voters ...
Talking Across The Divide -
Talking Across The Divide
Authored by J. Peder Zane via RealClearPolitics,
How we see politics reveals a lot about who we are. But it is less akin to a Rorschach ink blot than one of those reversible images, like the drawing that is both a rabbit and a duck. As messy as society might be, it is not some blob open to any interpretation (at least not yet, anyway). The patterns are th...
Former UK Prime Minister Admits Mass Migration Is Being Weaponized To Undermine Western Civilization -
Former UK Prime Minister Admits Mass Migration Is Being Weaponized To Undermine Western Civilization
Authored by Steve Watson via Modernity,
In the space of hours, Britain endured yet more random barbaric violence. A 17-year-old girl was stabbed in the neck on a quiet residential street in Burnley, Lancashire, and a 21-year-old man was murdered in Central Park, Chelmsford, Essex. ...
Sweden Sees Russia-NATO Conflict In 'Relatively Near Future' -
Sweden Sees Russia-NATO Conflict In 'Relatively Near Future'
Russia could test the NATO alliance's unity and its "all-for-one" collective defense commitments in the "relatively near future," Sweden’s Defense Commission has said, sounding the alarm in a fresh report issued Friday.
In the blunt interim report cited by Radio Sweden, the commission made it clear that Moscow's 'aggress...
Indigenous Nonsense -
Indigenous Nonsense
Authored by Spyridon Andrews via American Greatness,
When the dust settles hundreds of years from now and people begin to assess the hows and whys of Western decline, the issue of colonialism will figure prominently.
We are traveling from Mexico City to San Miguel de Allende with “The Professor,” a San Miguel resident who makes extra money by driving tourist...
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing -
Somaliland Opens Diplomatic Office In Taiwan Despite Strong Objections From Beijing
Via The Cradle
The breakaway African territory of Somaliland opened a new representative office in Taiwan on Friday, saying it had the right to establish diplomatic relations despite objections from Somalia.
"We have the right to choose who we have relationships with. It's our prerogative, and so ...
Which States Are Leading America's Economy? -
Which States Are Leading America's Economy?
America’s biggest economies aren’t always its strongest.
While California, Texas, and New York dominate in economic size, long-term competitiveness depends on a broader mix of factors, from business creation and labor market strength to innovation and investment.
This 2026 analysis by WalletHub evaluates all 50 states and Washington, D....
China's New AI Agent Risks Trapping Western Tech In Rights Abuses: Analysts -
China's New AI Agent Risks Trapping Western Tech In Rights Abuses: Analysts
Authored by Jarvis Lim via The Epoch Times,
China's new state-backed artificial intelligence (AI) platform threatens to stifle domestic tech innovation through forced ideological compliance, and in the West, it could also be used to cover up the regime's human rights abuses, analysts warn.
A screen adverti...
MarketWatch - Top Stories
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.”
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.
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.”
‘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.”
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.
... Dispatch continues below ...
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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 ...
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
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.
Tokenization mirrors the $20 trillion ETF boom as blockchain and AI converge, Ondo exec says -
Tokenization is laying the groundwork for autonomous investing and real-time portfolio management, Ondo's new head of portfolio products John Hoffman said.
Perpetual futures could become crypto's next ETF moment -
John Palmer, head of derivatives at Kraken, said he expects sophisticated traders to lead adoption of newly approved U.S. perpetual futures, with broader institutional participation likely to follow over time.
Saylor to Musk: Thanks to you, 25% of 'Mag8' firms now hold bitcoin -
"Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote on X, congratulating Musk on SpaceX's historic IPO debut.
bitcoin.com
Still Adding Dots: Saylor Puts Bitcoin Bulls on Strategy Buy Watch -
Michael Saylor’s latest orange-dot chart renewed speculation about another Strategy bitcoin buy as the company’s holdings reached 845,256 BTC. The post followed a rare 32 BTC sale, a much larger 1,550 BTC purchase, and fresh attention on corporate bitcoin treasuries. Saylor’s Familiar Bitcoin Chart Revives Focus on Strategy’s Next Move Optimism around another Strategy Inc. […]
BTC Momentum Turns Positive as Bitcoin Fights to Hold the $64,000 Zone -
Bitcoin ( BTC) is trading at $64,549 per coin on June 14, 2026, at 8 a.m. Eastern time, holding above a critical demand zone while the daily chart carries a bearish technical rating and lower timeframes show the first signs of stabilization since the multi-week decline from early May highs near $82,969. Daily Chart: Corrective […]
Latam Insights: Inside Brazil’s CBDC Privacy Bill and Latin America’s $1.5 Trillion Stablecoin Economy -
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil proposes guardrails against CBDC abuse, Bitfinex highlights the tokenization potential in Venezuela, and Rain reports massive growth in Latam’s stablecoin adoption. Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank […]
Michael Saylor’s Pivot, Blackrock’s New ETP, and More – Week In Review -
This week’s crypto conversation touched treasury strategy, regulation, market psychology, product innovation, and security. Michael Saylor said Strategy may sell bitcoin when needed, Mike Selig vowed to end regulation by enforcement, and XRP sentiment sank to an eight-month low. Blackrock edged closer to a bitcoin income ETF, while Tim Draper argued that quantum risk may […]
Bank of China Survey Reveals 95% of Overseas Businesses Will Sustain or Increase Yuan Use -
The survey shows that the Chinese government’s internationalization campaign of the yuan, pushed by President Xi himself, is working. The number of overseas businesses willing to hold yuan deposits grew to a five-year high, supported by the currency’s “relatively stable purchasing power.” Confidence in The Chinese Yuan Surges: 95% of Overseas Firms Expect to Increase […]
Reason
Cato Institute
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...
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.
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