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
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...
North Korea Rips Fresh Western Criticism Of Expanding Moscow Relationship -
North Korea Rips Fresh Western Criticism Of Expanding Moscow Relationship
North Korea fired back on Saturday and lashed out at the Washington-Seoul alliance, tearing into a fresh South Korea-EU joint statement that condemned Pyongyang's deepening military alliance with Russia.
North Korea has increasingly over the past acknowledge a significant number of troops sacrificed in suppo...
Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth -
Why The Millionaire Next Door Drives A Used Car - And What That Teaches About Real Wealth
Authored by Peter Daisyme via Due,
The wealthiest person I know personally drives a 2018 Toyota Camry. He owns three rental properties, has over $2 million in investment accounts, and could buy any car on any lot without blinking. He chooses not to, and his explanation is both simple and prof...
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt -
"Tell Him He's A Piece Of Shit": Employee Hijacks Meta Meeting In AI Revolt
Earlier this week, a routine livestreamed Meta meeting descended into open revolt.
During a presentation open to thousands of employees, one participant suddenly interrupted the speakers with a profanity-laced outburst, according to WIRED. The employee declared they felt like "the company's bitch" and dem...
Discs, Orbs, 'Heavenly' Phenomena, & More Revealed In 3rd Batch Of Declassified UFO Files -
Discs, Orbs, 'Heavenly' Phenomena, & More Revealed In 3rd Batch Of Declassified UFO Files
Authored by Troy Myers via The Epoch Times,
Americans living in the northeastern United States witnessed “brilliant and beautiful” glowing red and white orbs in their backyard, which they caught on video, the Pentagon’s third release of declassified UFO files on June 12 showed.
The new doc...
Hillary Clinton Fears "Revolution" Preventing The US From Becoming A "Rainbow Nation" -
Hillary Clinton Fears "Revolution" Preventing The US From Becoming A "Rainbow Nation"
The word "Democracy" is thrown around frequently within progressive circles as a call to arms; a rallying cry based on a fraudulent narrative of patriotic duty. Throughout the entirety of Joe Biden's first and last term, the political left painted conservatives as a threat to democracy. Anyone w...
AI's Core Flaw: "Mass Regurgitation Of Misinformation" -
AI's Core Flaw: "Mass Regurgitation Of Misinformation"
Authored by Charles Hugh Smith via OfTwoMinds blog,
These immense hidden costs will not show up in GDP until they collapse the entire house of speculative gambling cards propping up the global economy.
I approach all AI topics with several things in mind. One is the nature of problems, which implicitly define what qualifies a...
What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election -
What's In A Name? Alaska GOP Succeeds In Stopping Democrats From Stealing The Senate Election
Alaska's election officials may have just saved a U.S. Senate seat from one of the more brazen ballot schemes in recent memory. The state's Division of Elections issued a preliminary ruling this week that Dan J. Sullivan of Petersburg is ineligible to appear on the 2026 Senate ballot, deal...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
There's a bug in the gold trade as miners move like meme stocks -
By Monique MulimaBloomberg Newsvia Yahoo News, Sunnyvale, CaliforniaSaturday, June 13, 2026
Brian Laks has been investing in gold stocks for over a decade. To the deep-value investor, they serve as a hedge against volatility in the rest of his portfolio, a haven during geopolitical uncertainty and deliver steady returns.
Yet that all changed for one simple reason: Gold misbehaved last year. Aft...
Ed Steer: A disappointing but stunning commitment of traders report -
3:19p ET Saturday, June 13, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Disappointing but Stunning COT Report" and is posted in the clear at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/disappointing-stunning-cot-report
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committe...
Mike Maharrey: Even during a currency crisis, gold and silver don't rise in a straight line -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoFriday, June 12, 2026
If gold is an inflation hedge, why has the yellow metal been struggling as inflation expectations rise due to the Iran conflict?
I'm asked this question a lot, and it's a reasonable query.
... Dispatch continues below ...
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Gold fever sends some vintage luxury watches to the melting furnace -
By Alessandro Parodi and Ben MakoriReutersSaturday, June 13, 2026
LONDON -- Omega's Constellation watch has been flashed in campaigns, movies and at the Met Gala by stars like George Clooney and Nicole Kidman, turning it into a symbol of luxury and glamour.
But with gold prices near record highs struck in January, some such classic watches are being melted down as the value of their metal con...
More 'cash-settled' gold contracts -- that is, undeliverable -- coming from CME -
CME Plans to Offer 24/7 WTI Oil and Gold Contracts
By Mia GindisBloomberg NewsThursday, June 11, 2026
The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday.
The new oil-linked contract, set to be one-tenth the size of the existing Micro WTI futures contract, will debut...
Wolf Street
CoinDesk
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.
Crypto should adopt the best of centralization, says LMAX CEO -
As digital assets mature the industry should borrow more from traditional market infrastructure, especially credit, clearing and collateral systems, David Mercer argues.
Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC -
The XRPL AI Starter Kit gives developers tools for agent payments, but early x402 activity has clustered on Base and Solana. Ripple’s bet is that XRPL’s speed, low fees and RLUSD can win a piece of that flow.
bitcoin.com
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins -
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he argues that growing competition from banks, fintechs, and new issuers will eventually break the stablecoin duopoly and create a more diverse market built around specific use cases. Dragonfly’s Rob Hadick Says the USDT-USDC Duopoly Won’t […]
A Four-Armed Robot for Zero-Gravity Work Could Save $140,000 an Hour -
A Swiss startup has unveiled a four-armed, legless humanoid for space stations, debuting on May 20, 2026, and built to move and brace itself in microgravity while handling maintenance and cargo unloading. Standing 160 cm and weighing 32 kg, it runs about three hours per charge and targets astronaut tasks that can cost roughly $140,000 […]
SpaceX IPO Is 4x Oversubscribed, But What Happens to the Rest of Market -
You don’t need to own $SPCX, or even follow the company, for this IPO to hit your portfolio. The largest listing in history is sending volatility waves across the broader market, and many investors may not be prepared for the ripple effects. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering […]
Pyth Network Targets Bloomberg’s $50 Billion Market-Data Empire -
Pyth Network is pushing deeper into the more than $50 billion market for financial data, launching 24/7 index products across metals, oil, and U.S. equities as it positions its onchain price feeds against incumbents like Bloomberg. A $50 Billion Target The decentralized oracle network, software that delivers real-world prices onto blockchains, unveiled the new proprietary […]
$1.5 Trillion Transacted: Rain Report Reveals the Massive Scale of Latam’s Stablecoin Economy -
The crypto card company stressed that these volumes result from a more conscious use of stablecoins, driven by concrete problem-solving rather than by speculative or purely transactional objectives, unlike those in other markets. Colombia and Bolivia are among the highest-growth markets. Rain Report Underscores Large Growth Of Crypto Cards In Latam Rain, a company that […]
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