Kitco News
Record gold cash flow highlights mining sector’s growth challenge, Mazumdar says -
(Kitco News) - Gold producers are reporting record free cash flow, profits, cash balances, and shareholder returns as higher prices expand margins across the sector, but production growth remains constrained, increasing the appeal of acquisitions over new mine builds.
Silver price sees solid momentum and $90 could be just the start -
(Kitco News) - A perfect storm is once again brewing in the silver market as persistent industrial demand continues to outpace supply, potentially driving prices back to a key resistance point.
Equinox Gold acquires Orla Mining in $5.1 billion consolidation, backed by Pierre Lassonde -
(Kitco News) - The gold sector's highly anticipated wave of consolidation has arrived. Equinox Gold Corp. has struck a definitive agreement to acquire Orla Mining Ltd. in a $5.1 billion transaction, forging a new North American powerhouse capable of producing 1.1 million ounces of gold annually.
‘I wonder if they left the gold in Fort Knox, because they steal a lot’ – Trump speculates on U.S. gold reserve -
(Kitco News) – The United States’ massive gold reserve at Fort Knox is making headlines after Trump once again suggested that the billions in bullion may have been stolen.In an interview on Full Measure with Sharyl Attkisson, a Sunday morning current affairs program that airs on the Sinclair Group’s television and web platforms, the topic of the gold reserve was raised.“What happened to the aud...
Gold and silver slip after hot PPI boosts yields - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices were lower in early U.S. trading Wednesday, as a hotter April producer inflation print added to the rates headwind after Tuesday’s CPI surprise.
Gold prices touch session lows a producer inflation heats -
(Kitco News) - The gold market remains stuck and faces further downside pressure because of rising inflation fears after producer prices rose substantially more than expected in April.
Gold slips, silver firms as CPI lifts yields and dollar - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were modestly lower and spot silver prices were firmer late Tuesday as hotter U.S. inflation, higher Treasury yields and a stronger dollar weighed against residual haven demand tied to Middle East supply risk.
This is what’s really driving the commodity complex and the precious metals rally – CME Group -
(Kitco News) – The historic precious metals rally has been driven by increased geopolitical tensions, fiscal and monetary policies, renewed central bank demand for gold and burgeoning industrial demand for silver, but the U.S. dollar remains the most important catalyst for commodities, according to Dr. Mark Shore, director and economist at CME Group.In a new analysis published Monday, Shore wro...
Gold will navigate near-term headwinds to reach $5,000/oz by year-end – ING’s Manthey -
(Kitco News) – Even though gold has lost around 12% of its value since the Iran conflict began, the sell-off only reflects the macroeconomic impacts of the oil price shock rather than a breakdown in gold’s safe-haven role, according to Ewa Manthey, commodities strategist at ING.
Pierre Lassonde says the $40 trillion U.S. debt crisis is paving the way for gold to reach $17,250 an ounce -
(Kitco News) - The global financial architecture is undergoing a structural transformation that positions gold to reach $17,250 an ounce as it replaces the U.S. dollar as the "currency of last reserve," according to mining legend Pierre Lassonde.
Zero Hedge
Up To $170 Billion Needed To Secure Full Domestic Nuclear Fuel Supply Chain -
Up To $170 Billion Needed To Secure Full Domestic Nuclear Fuel Supply Chain
To support current commercial nuclear operations, plus 300 GW of new nuclear capacity for a total of roughly 400 GW by 2050, all fueled domestically, the country would need to invest between $105 billion and $170 billion across the entire nuclear fuel cycle.
Is it still called a bottleneck if the entire in...
B200s Or B-2s? -
B200s Or B-2s?
By Bas van Geffen, senior macro strategist of Rabobank
Concerns about the Middle East continued to dictate markets yesterday. The Strait of Hormuz remains closed, and there were no signs that this will change soon. Oil prices rose further. Dated Brent jumped 5% on the day to top $111.
Alongside the rise in benchmark energy prices, yields increased too. 10y US Treas...
Qatar Asks Vessels At Key LNG Port To Go Dark for Safety -
Qatar Asks Vessels At Key LNG Port To Go Dark for Safety
Submitted by Charles Kennedy of OilPrice.com
Qatar has requested LNG vessels near its Ras Laffan LNG port to switch off their transponders as part of safety measures at the key export port of the world’s second-largest LNG exporter before the war, anonymous sources with knowledge of the plan told Bloomberg on Tuesday.
T...
Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region -
Goldman Flags Troubling Mortgage Delinquency Rise Across This U.S. Region
Mortgage delinquencies fell slightly in March, with the first-lien delinquency rate declining to 3.35%, down 37 basis points from February, as seasonal factors and tax refunds supported borrowers.
The real estate and mortgage industry outlet HousingWire cited Intercontinental Exchange’s May 2026 Mortgage Mon...
Treasury Department Alerts US Banks To Suspected Iranian Money Laundering Efforts -
Treasury Department Alerts US Banks To Suspected Iranian Money Laundering Efforts
Authored by Victoria Friedman via The Epoch Times (emphasis ours),
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on May 11 issued an alert to financial institutions warning them of efforts by the Iranian Islamic Revolutionary Guard Corps (IRGC) to evade sanctions.
The...
Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production -
Palmer Luckey's Anduril Secures $5B At $61B Valuation To Supercharge Killer Drone Production
Palmer Luckey's Anduril announced a $5 billion Series H funding round at a $61 billion valuation, led by Thrive Capital and Andreessen Horowitz. This comes as President Trump's 'war economy' and the rise of 'war unicorns' gain momentum.
Anduril CEO Brian Schimpf wrote in a statement about ...
Ireland Convicts 78-Year-Old Preacher For Preaching Near Abortion Clinic -
Ireland Convicts 78-Year-Old Preacher For Preaching Near Abortion Clinic
Authored by Jonathan Turley,
Ireland is finally safe.
Clive Johnston has been convicted and can no longer menace the public.
Johnson, 78, is a retired pastor who committed the heinous offense of preaching near the Causeway Hospital in Coleraine.
That was considered within the “safe access zone” under Nor...
U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket -
U.S. Wheat Crop Forecast To Hit Half-Century Low As Drought Hits Breadbasket
Chicago wheat futures surged on Tuesday, hitting two-year highs after the USDA's latest WASDE report signaled a much tighter U.S. supply outlook than traders had anticipated.
Production stress across America's breadbasket is now converging with a megadrought and mounting fertilizer constraints, adding u...
IEA Revises 2026 Forecast: Global Oil Supply To Plunge Below Demand This Year -
IEA Revises 2026 Forecast: Global Oil Supply To Plunge Below Demand This Year
Global oil demand is set to exceed supply in the current year amid the ongoing conflict in the Middle East, reversing previous projections of a surplus, OilPrice reports citing the latest IEA data.
"With Hormuz tanker traffic still restricted, cumulative supply losses from Middle East Gulf producers alr...
'Obvious Dangers': Gabbard Probing US Funding To International Biolabs -
'Obvious Dangers': Gabbard Probing US Funding To International Biolabs
Authored by Zachary Stieber via The Epoch Times,
U.S. Director of National Intelligence Tulsi Gabbard and other intelligence officials are investigating U.S. funding to overseas laboratories handling biological research.
Initial searches of intelligence files showed that the U.S. government has provided mone...
MarketWatch - Top Stories
Roast my house, Reddit! Desperate home sellers are asking strangers for help getting offers. -
As homes linger on the market, sellers are inviting feedback on why buyers aren’t biting — even if it’s laced with insults.
My overseas flight costs $1,000. Is it better to wait until after the Iran war to buy my ticket? -
Summer and fall travel, even for those not wanting to cross the ocean, will be pricier this year.
In pushing for ‘Rush Hour 4,’ Trump is acting like a shadow executive producer -
The “Rush Hour” franchise, starring Chris Tucker and Jackie Chan, has been dormant since 2007, but President Donald Trump has been pushing to get a fourth installment made.
This White House darling just became the 12th-most valuable private company. An IPO will be coming. -
Defense contractor Anduril, which is helping build President Trump’s “Golden Dome” antimissile shield, completed a funding round at a $61 billion valuation.
Is inflation heading to 6%? Probably not — but it will get worse before it gets better. -
In the dark recesses of the economy, price pressures are bubbling up and foretelling another wave of inflation. Is inflation really heading to 5% or 6% again like during the bad days of the pandemic?
I have $500,000 in retirement savings. Is it wise to invest it with a single firm? -
The Securities Investor Protection Corporation provides coverage of up to $500,000 for stocks, bonds and mutual funds, including up to $250,000 in cash.
Why a buzzy fund that advertised stakes in hot startups like Anthropic suddenly plunged -
Shares of closed-end fund Destiny Tech100 have been whipsawed this week, reflecting the promise and peril of trying to access stocks before their IPOs.
What CEOs from Tesla, Nvidia and over a dozen other companies hope to gain by joining Trump in China -
A key part of President Donald Trump’s visit to China this week is his effort to bring along with him at least 17 executives from prominent U.S. companies. Here’s what it means for them.
Nvidia’s Jensen Huang got the last Air Force One seat to China. Why it’s so crucial for the chipmaker. -
Traders are interpreting the late addition of Nvidia’s CEO to the Air Force One passenger list as a signal that good news about export licenses may be in the offing
‘I have zero envy’: I’m 75, enjoy working and live below my means. Why are more people not like me? -
“I did two basic things right: I married the right person and chose a trade I can practice until I die.”
CNBC Top News
CNBC Economy
GATA
Equinox Gold bids C$7 billion for Orla Mining to create Canada's second-largest gold producer -
By Andrew WillisThe Globe and Mail, TorontoWednesday, May 13, 2026
https://www.theglobeandmail.com/business/industry-news/energy-and-resour...
Equinox Gold Corp. is bidding to join the ranks of North America's largest gold producers with an all-stock, C$7 billion offer for Orla Mining Ltd. pitched with zero takeover premium.
Equinox is offering to buy Orla gold properties in Ontario, Nevada, Me...
Ross Norman: India panics and burns the golden lifeboat -
By Ross NormanMetals Daily, LondonWednesday, May 13, 2026
The word I'm looking for is "contronym" -- a term that can mean its own opposite -- and it may be an apt description of gold right now. News that India has raised import duties on gold and silver from 6% to 15% is bullish and bearish at the same time.
We are now seeing second-order consequences of the Iran war manifest. India is particul...
Alaska makes gold and silver currencies legal tender -
By Mari KanagyAnchorage Daily NewsWednesday, May 13, 2026
JUNEAU -- The Alaska Legislature passed a bill Tuesday to establish gold and silver currencies as legal tender and exempt them from sales taxes.
The bill passed the House unanimously last week, and passed the Senate 19-1 on Tuesday.
... Dispatch continues below ...
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USA Gold: Coins and Bullion Since 1973
USAGold, we...
India raises gold and silver tariffs to 15% to curb imports and support rupee -
By Rajendra Jadhav, Aditya Kalra, and Mayank BhardwajReutersTuesday, May 12, 2026
NEW DELHI -- India has raised import tariffs on gold and silver to 15% from 6%, government orders said, as part of efforts to curb overseas purchases of the metals and ease pressure on the country's foreign exchange reserves.
The higher duties could dampen demand in the world's second-largest consumer of preciou...
Indian banks resume bullion imports after month-long halt over 3% levy, Reuters says -
By Rajendra JadhavReutersTuesday, May 12, 2026
MUMBAI -- Indian banks have resumed gold and silver imports after a hiatus that stretched for more than a month by agreeing to pay a 3% customs levy that earlier prompted lenders to halt shipments, trade and government sources told Reuters.
The resumption is expected to boost the country's gold imports, widen the trade deficit, and put more press...
Wolf Street
CoinDesk
The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing -
Also: LayerZero apology, Ronin layer-2 transition and ‘Clear Signing’
Metaplanet delays preferred share listing amid challenging Japanese market structure -
CEO Simon Gerovich says regulatory and infrastructure challenges are slowing the launch of Metaplanet's perpetual preferred share.
UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire -
If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.
Bitcoin buyers with long-term 'conviction' surges 300% with most recent buyers sitting on profits -
Bitcoin held by so-called conviction buyers has surged to nearly 4 million BTC, a roughly 300% increase since late 2025.
Crypto Long & Short: Bitcoin vs. gold: 26% relative undervaluation -
In this week’s Crypto Long & Short Newsletter, Dovile Silenskyte provides an alternative to the “bitcoin as a risk asset” narrative. Then, Joshua de Vos shares insights and analysis on global exchanges.
Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal -
The companies signed a business alliance for revenue sharing, referral fees and customer referrals to expand crypto access in Japan.
Clarity Act amendments would remake key parts of crypto bill but have doubtful future -
The U.S. crypto market structure bill is being targeted with dozens of amendments aiming to change or add to the text as its Senate hearing approaches.
Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum -
The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries.
Crypto wallet provider Ledger puts U.S. IPO plans on hold due to market conditions -
The French crypto security firm, which is said to have explored a potential $4 billion U.S. listing, is reassessing its public market plans as volatile conditions weigh on investor appetite for crypto IPOs.
It’s time for clarity for America’s digital asset markets -
Recent polls have shown that registered voters want America to set the rules for global finance, reinforcing why the Senate must act now, explains Smith.
bitcoin.com
XRP Momentum Cools After $1.50 Rejection as Traders Watch Critical Support Levels -
XRP traded near the lower end of its recent 24-hour range on Wednesday, as traders evaluated weakening short-term momentum against a broader bullish market structure. Market data showed XRP priced near $1.42 with technical signals reflecting consolidation following rejection near the $1.50 resistance zone. XRP Chart Outlook XRP‘s 1-hour chart reflected growing short-term selling pressure […]
Fidelity Leads $233M Bitcoin ETFs Loss as Solana Funds Add $19M -
Crypto ETF flows turned sharply negative on Tuesday as investors pulled capital from both bitcoin and ether products, signaling a renewed wave of caution across major digital assets. XRP and solana ETFs continued to attract fresh money, extending a growing divergence in institutional positioning. Bitcoin ETFs Trade $1.68B as Solana and XRP Inflows Highlight Shifting […]
Trump Dismisses Inflation Pressure on Americans While April PPI Tops 6% Year-Over-Year -
U.S. wholesale prices climbed 6% year-over-year in April 2026, the largest annual gain in more than three years, as energy costs tied to the ongoing U.S.-Israel-Iran war pushed producer inflation well above expectations. Gasoline Prices Jump 15.6% in April as Iran War Drives Worst U.S. Wholesale Inflation in 3 Years The Bureau of Labor Statistics […]
Wells Fargo Raises Blackrock Ether ETF Stake to 1.1M Shares in Q1 -
Wells Fargo increased its exposure to ether ETFs and sharply expanded its position in Strategy during the first quarter, while trimming some bitcoin ETF holdings and significantly reducing its stake in Galaxy Digital. Bitcoin ETF Holdings Trimmed by Wells Fargo as Ether Exposure Grows Wells Fargo adjusted its crypto-related portfolio in the first quarter of […]
Japan’s Metaplanet Posts $725M Q1 Loss as Bitcoin Stack Reaches 40,177 BTC -
Metaplanet Inc. (TSE: 3350), the Japanese investment firm often likened to Asia’s version of Strategy, released its first-quarter financial results for 2026 on Wednesday, revealing a massive expansion of its digital asset treasury. Tokyo’s Metaplanet Hits 40,177 Bitcoin Milestone Amid Q1 Earnings Volatility The company announced that its total bitcoin holdings reached 40,177 BTC as […]
Reason
Congress Ramps Up Its Crusade Against Chinese Cars Ahead of Trump-Xi Meeting -
Chinese cars are cheap and widely popular, but Americans can't buy them.
Injunction Against Referring to Ex-Wife and Children in Online Media Violates First Amendment -
An excerpt from a long Washington Court of Appeals decision approved yesterday for publication, Asbach v. Couto (Judge Bradley Maxa,…
The post Injunction Against Referring to Ex-Wife and Children in Online Media Violates First Amendment appeared first on Reason.com.
Why I'm Cheering for This New Anti-Porn, Anti-LGBT, Christian Phone Network -
Free market solutions for the win!
Bipolar Disorder, Libel, Attraction to Children as "Beautiful Creatures of God," and Anonymous "Ticking Time Bomb" Allegation -
An excerpt from the long Law Office of John Randolph, PLLC v. EWU Media LLC, decided Monday by the Washington…
The post Bipolar Disorder, Libel, Attraction to Children as "Beautiful Creatures of God," and Anonymous "Ticking Time Bomb" Allegation appeared first on Reason.com.
John Fetterman: 'I'm a Very Pro-Capitalist Democrat' -
Sen. John Fetterman discusses the state of the Democratic Party, immigration, foreign policy, and the dangers of political extremism.
Father of Fertility -
Plus: A new kind of seasteading, examining genocide claims, and more...
Today in Supreme Court History: May 13, 1912 -
5/13/1912: Seventeenth Amendment is approved by the House of Representatives. The Senate approved it the prior month. The Seventeenth Amendment…
The post Today in Supreme Court History: May 13, 1912 appeared first on Reason.com.
U.K. Elections Show Populist Uprising Is Far From Over -
Polling shows angry voters are prepared to reject the establishment in elections to come.
Brickbat: Red Meat Issues -
Amsterdam has banned advertisements for both meat and fossil fuels as part of its plan to fight climate change. Since May…
The post Brickbat: Red Meat Issues appeared first on Reason.com.
Open Thread -
What’s on your mind?
Cato Institute
Tenth Amendment Center
This Isn’t Rebellion. It’s Survival. -
“Unconditional submission” or “resistance by force.” Thomas Jefferson, John Dickinson, and the Second Continental Congress said those were their two terrible options less than 3 months after the battles of Lexington and Concord. Live on their knees or fight to the death. They chose the latter. On this episode, it’s one of the most important, but forgotten and ignored documents of the American R...
Founding Felons: Jefferson Would Be on a Watch List Today -
What we’re dealing with today is a government that wants to suppress dangerous words—words about its warring empire, words about its land grabs, words about its militarized police, words about its killing, its poisoning and its corruption—in order to keep its lies going.
The post Founding Felons: Jefferson Would Be on a Watch List Today appeared first on Tenth Amendment Center.
This Isn’t Anti-American. It’s a Right and a Duty. -
“Alter or abolish” Despite those words in the Declaration of Independence, the establishment today would have you believe that any effort to resist their power is “anti-American.” But they have it backwards. On this episode - it’s the founders’ framework, the right to “provide new guards” - and when that rises to the level of duty.
The post This Isn’t Anti-American. It’s a Right and a Duty. app...
Electronic Frontier Foundation
Help EFF Solve an Issue That's Bigger than Creepy Ads -
Millions of people around the world use EFF's Privacy Badger. This browser extension blocks the hidden trackers that twist your web browsing into a commodity for Big Tech, advertisers, scammers, and data brokers. But did you know that we’re trying to solve an issue that’s even bigger than creepy ads and user profiling? You can help.
JOIN EFF
Online tracking isn't just creepy and unethical. It a...
The Science is Not Settled: How Weak Evidence is Fueling a National Push to Ban Social Media for Youth -
As statehouses ramp up for 2026, we’re seeing a familiar and concerning trend of lawmakers rushing to regulate the internet based on shockingly shaky science. From the California State Assembly to the Massachusetts and Minnesota legislatures, a wave of bills is crashing against the digital lives of young people, with proponents of these measures framing social media access as a "public health e...
Broken Promises: RIP Instagram’s End-to-End Encrypted DMs -
Last week, Instagram ended its opt-in, and therefore rarely used, end-to-end encryption feature. Years after publicly promising to provide the privacy protections of end-to-end encryption across its platforms by default, it instead gave up on that technical challenge. Now, we've all lost an option for safer conversations on one of the biggest social media platforms in the world.
In an announcem...
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
Comment Now To Stop the ATF’s Illegal Registry! -
As part of ATF’s recent package of 34 new rules, they’ve proposed a change to their “out-of-business” records retention. This record retention amounts to an unconstitutional, illegal registry of guns and gun owners. The registry, compiled by ATF using Form 4473 — which is the dealer sales form completed by gun owners during firearms transactions — must be destroyed. Now, … Read more
NH: Senators Must Deliver on Campus Carry TOMORROW -
New Hampshire gun owners are hearing disturbing rumors that another so-called “gun rights advocacy” organization is preparing to hand out A+ endorsements to lawmakers regardless of whether or not they actually support Campus Carry. That is unacceptable. If politicians want the support of gun owners, they need to earn it by taking real votes to defend the Second Amendment, not by hiding behind e...
PA: URGENT: Constitutional Carry VOTE Tomorrow! (05/06/2026) -
Your action is required right away! TOMORROW, the Senate Judiciary Committee is scheduled to take up Senate Bill 357—the Constitutional Carry bill. Sponsored by our longtime ally, Senator Chris Dush, SB 357 would finally recognize that your right to protect yourself and your family is not a privilege granted by the government. Rather, it is a GOD-GIVEN RIGHT enshrined in … Read more
Banking Dive
American Banker
Bank of International Settlements
Burkhard Balz: Central bank policy in an evolving cash landscape -
Keynote speech by Mr Burkhard Balz, Member of the Executive Board of the Deutsche Bundesbank, at the Banknote Conference, Washinton DC, 13 May 2026.
Joachim Nagel: Stable and strong in turbulent times – Europe's responses to global challenges -
Speech by Dr Joachim Nagel, President of the Deutsche Bundesbank, to the Lions Club Frankfurt-Am Leonhardsbrunn, Frankfurt am Main, 4 May 2026.
Frank Elderson: Boosting prosperity through deeper integration -
Keynote speech by Mr Frank Elderson, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the European Central Bank, at the conference "Financing Europe: a new era of strategic investment", Brussels, 12 May 2026.
Federal Reserve - Press Releases
FDIC - Press Releases