Kitco News
Gold and silver firm, oil and yields fall ahead of the Fed - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are near steady after the close Tuesday, as falling crude oil, lower Treasury yields and a softer U.S. dollar supported gold ahead of Wednesday’s Federal Reserve decision.
Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood's Bruce -
(Kitco News) - The gold market continues to hold on to solid gains after testing critical support near $4,000 an ounce, but one market strategist believes the precious metal remains trapped in a broad consolidation phase as investors wait for greater clarity on interest rates and inflation.
Warsh’s first FOMC will be about dot plots, dissents, language and Fed independence - Experts -
(Kitco News) – With less than 24 hours to go before new Fed chair Kevin Warsh delivers the first rate decision of his tenure, markets are fully priced in for a rate hold. But as traders digest the latest economic projections, experts will be carefully watching the new chair’s choice of words, his characterization of the U.S. economy, the job market and inflation pressures – along with any indic...
Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge -
(Kitco News) – Gold’s 26% decline during the Iran conflict came from a boost to the dollar, yields and equities which overwhelmed the yellow metal's safe-haven appeal, but persistent inflation, policy uncertainty and central bank demand remain intact, and gold prices will still reach nearly $4,800 in 2026 and $4,900 in 2027, according to Barclays.
Gold, silver firm as U.S.-Iran deal cools crude - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher in early U.S. trading Tuesday, as oil prices extended their U.S.-Iran deal selloff, Treasury yields eased and traders positioned for the June 16-17 Federal Reserve meeting.
Gold could find a safe-haven bid as U.S. housing construction drops 15.4% in May -
(Kitco News) - The gold market continues to build on Monday’s gap higher, and with inflation pressures expected to ease, the precious metal could attract some safe-haven interest as the U.S. housing sector continues to struggle, with housing construction remaining sluggish.
Record 45% of central banks plan to increase gold holdings, WGC survey finds -
(Kitco News) - Central bank demand has been a solid pillar of support for the gold market as prices pushed to all-time highs at the start of the year. According to the latest report from the World Gold Council, official-sector demand is expected to remain robust for the foreseeable future.
Gold clears $4,300 as Hormuz deal cuts oil, yield pressure - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are also sharply firmer after the close Monday, as a tentative U.S.-Iran agreement to reopen the Strait of Hormuz drove crude oil sharply lower, eased inflation fears and pulled Treasury yields down.
'Biggest defeat since Vietnam': why David Woo says the AI bubble, not Iran, is the real threat to the dollar -
(Kitco News) - As Wall Street cheered an interim deal between Washington and Tehran to reopen the Strait of Hormuz, sending oil to a two-month low and lifting stocks, one of the most respected voices in global macro used his appearance on Kitco News to argue that investors are celebrating the wrong story, and missing the one that actually threatens the dollar.
Gold, silver selloff may be a ‘gift’, but investors should wait for confirmation before buying, says MarketGauge’s Schneider -
(Kitco News) - Both gold and silver have seen a solid start to the week as optimism over a potential peace deal in the Middle East eases some inflation fears.
Zero Hedge
The AI Threat SciFi Predicted Is Right On Our Doorstep -
The AI Threat SciFi Predicted Is Right On Our Doorstep
Authored by Mike Fredenburg via The Epoch Times,
Science Fiction has long predicted the threats and challenges posed by AI. In the Star Trek universe, particularly in the original series, Season Two, Episode 24, “The Ultimate Computer,” Dr. Leonard McCoy delivers this haunting line: “Compassion: that’s the one thing no machine...
China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan" -
China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan"
As modern naval combat increasingly relies on aircraft, missiles and unmanned systems, China is investing in a capability many navies have largely moved away from: heavy naval artillery, according to South China Morning Post.
Recent reports indicate that the PLA Navy is testing a new 15...
Are Banks More Powerful Than Governments? -
Are Banks More Powerful Than Governments?
Authored by Mollie Engelhart via The Epoch Times,
Government is big. Elected and unelected officials wield enormous amounts of power. But lately I have found myself wondering whether we are paying attention to the wrong institution.
What if the most powerful institutions in America are not governments at all?
What if they are banks and...
New Oregon Initiative Would Criminalize Hunting, Fishing And Farming -
New Oregon Initiative Would Criminalize Hunting, Fishing And Farming
Only 1% of the American population identifies as vegan (a person who refrains from using or consuming any animal products), and around 3% of the population identifies as vegetarian. It is therefore a little confusing as to why American political and social discourse is hijacked by vegan issues so often.
Leftist...
Will Trump Break JFK's Agreement On Cuba? -
Will Trump Break JFK's Agreement On Cuba?
Authored by Jacob Hornberger via The Future of Freedom Foundation,
In October 1962, the United States and the Soviet Union (i.e., Russia) came within an inch of all-out nuclear war with each other. To resolve the crisis, President John F. Kennedy and Soviet Premier Nikita Khrushchev entered into an agreement in which the United States agre...
Majority Of Arrested ICE Protesters At Newark's Delaney Hall Came From Outside New Jersey -
Majority Of Arrested ICE Protesters At Newark's Delaney Hall Came From Outside New Jersey
Arrest records from recent demonstrations outside Newark’s Delaney Hall immigration detention facility show that many of those taken into custody were not New Jersey residents, according to The New York Post. According to information reviewed by The Post, only a small number of the arrested in...
Radical Woke Mount Sinai Hospital Exposed: DEI, Child Sex Changes & Epstein Ties Prioritized Over Patients -
Radical Woke Mount Sinai Hospital Exposed: DEI, Child Sex Changes & Epstein Ties Prioritized Over Patients
Authored by Tate Rosentreter via The Center Square;
Consumer protection organization Consumers’ Research began a campaign Monday highlighting New York City-based nonprofit Mount Sinai Hospital's prioritization of what Consumers' calls the hospital's woke and political ideolog...
Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales -
Iranian Tankers Cross US Naval Blockade After Trump Deal Allows Iran To Restart Oil Sales
The first Iranian ships crossed the area of the US naval blockade without obstruction after a memorandum of understanding was reached to end the war between Washington and Tehran, Iran’s semi-official Fars News Agency reported Tuesday.
At least three Iranian oil tankers and two cargo ships ca...
15 Tied To Antifa Charged With Violently Interfering With ICE Operations In Minnesota -
15 Tied To Antifa Charged With Violently Interfering With ICE Operations In Minnesota
Authored by Janice Hisle via The Epoch Times,
Fifteen suspects are accused of conspiring with two Minneapolis-based Antifa groups to violently interfere with federal immigration enforcement, authorities announced on Tuesday.
Daniel Rosen, who heads the U.S. attorney’s office for Minnesota, to...
Supreme Court Rejects Challenge To Trump's First-Term Tariff On China -
Supreme Court Rejects Challenge To Trump's First-Term Tariff On China
Authored by Aldgra Fredly via The Epoch Times,
The U.S. Supreme Court on June 15 declined to hear a legal challenge to tariffs imposed on Chinese imports by U.S. President Donald Trump during his first term in 2018.
The decision follows an appeal by HMTX Industries and other businesses after the U.S. Court of...
MarketWatch - Top Stories
What have the U.S. and Iran agreed to? This is what markets are focused on. -
The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown of what the key points are for markets.
America’s fertility rate has never been lower. Blame smartphones — and these 4 financial realities. -
Having as many children as families want requires “gender equality, economic stability, decent health and confidence in the future.”
Oil may move through the Strait of Hormuz first, leaving fertilizer supplies stranded -
The interim peace agreement between the U.S. and Iran seems to be doing little to answer some of the thornier questions about the Strait of Hormuz, including how much longer it will take for products other than crude to start moving through again.
Intel takes a major step toward turning around a business that’s bleeding cash -
Intel’s new manufacturing process has entered a stage that signals the company is confident in its ability to bring on external customers, analysts say.
I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks? -
“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”
Chicken tenders are taking over the world, and KFC is rushing to keep up -
Goodbye bone-in wings, hello tenders and chicken sandwiches that can be easily eaten in the car.
Wall Street can’t stop talking about ‘MANGOS’ stocks as the ‘Magnificent Seven’ becomes passé -
Wall Street has a new way to sell the artificial-intelligence trade: take the companies investors most want to own, including some they still cannot buy, and turn them into an acronym.
‘We own our home outright’: I am 67 and earn $100,000. Do I take my $30,000-a-year Social Security now or wait? -
“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”
SpaceX trading hits ‘bonkers’ levels as new ETFs see a massive cash influx -
Newly launched leveraged ETFs are seeing heavy inflows as investors look for fresh ways to play the SpaceX hype.
Tesla booted from the ‘Magnificent Seven’ by a top fund manager. Here is the tech giant he’s crowned. -
T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities.
CNBC Top News
CNBC Economy
GATA
Myrmikan's Dan Oliver: Time makes gold's correction look puny so ignore it -
9:16p ET Tuesday, June 16, 2026
Dear Friend of GATA and Gold:
In his new letter this week, Myrmikan Capital's Dan Oliver examines the recent "correction" in the gold price and concludes that while it is jarring, it is barely visible on a long-term chart.
He writes: "We think that the financial system is more precarious than ever, not just the stock and bond markets but especially the sovereign ...
Central banks expand bullion holdings as U.S. dollar's dominance wavers -
By Julie ZhangSouth China Morning Post, Hong KongTuesday, June 16, 2026
Central banks are expected to expand their gold holdings, while the U.S. dollar's dominance in global reserves will fade in five years, according to the World Gold Council.
The push to accumulate gold reflects a broad de-dollarisation trend in recent years.
About nine in 10 central banks expect global central bank gold hold...
Central banks repatriate gold as global insecurity rises -
By Leslie Hook and Krishn KaushikFinancial Times, LondonTuesday, June 16, 2026
Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.
The central banks of India and France are among those that have relocated huge volumes of gold out of the U.S. and U.K. in the past year to...
Singapore's central bank offers gold vaulting to other central banks and bullion banks -
By Timothy GohThe Straits Times, SingaporeMonday, June 15, 2026
Foreign central banks and sovereign entities will be able to store their gold reserves with the Monetary Authority of Singapore from October as Singapore strengthens its position as a regional hub for gold trading and storage.
This will complement the republic's commercial vaulting capacity, which exceeds 2,000 tonnes and serves ma...
Matthew Piepenburg: Who wins gold's race against the dollar? -
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichMonday, June 15, 2026
Gold. It began the year with galvanic headlines and endless coverage.
Now, midway through that same year, having lost more than 25% from its January high of $5,600, many are wondering if peak gold is behind us in the wake of just another broken asset bubble.
Such concerns are understandable, even expected -- especi...
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
Here is why Strategy's dividend-paying crypto stock is crashing to near-historic lows -
Strategy's bitcoin-backed preferred stock remains well below par value as concerns over dividend coverage and stronger competition from Strive's SATA.
Bitcoin miners' AI pivot faces $50 billion reality check, says VanEck -
VanEck says investors are shifting focus from contract announcements to execution risk as miners chase AI revenue.
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process -
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends -
A handful of tokens continued their run while bitcoin and the rest of the crypto market stalled after the early week bounce.
Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push -
The crypto exchange is expanding into investing, derivatives and banking services as it pursues an all-in-one financial platform.
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa -
The deal values Flutterwave at $3.2 billion, and will integrate Ripple's RLUSD and the XRP Ledger network to speed cross-border payments across Africa.
Coinbase to join tokenized stock race with onchain shares, dividend payments -
The crypto exchange said investors will own the shares and receive dividends, underscoring growing momentum behind tokenized securities.
Binance says its European regulatory application is compliant despite report of Greek rejection -
An EU crypto license application by the world’s largest crypto exchange is set to be rejected by the Greek regulator HCMC, according to a report from Reuters.
Ethereum’s biggest protocol overhaul in years moves into its final development stage -
Developers are entering the final stretch of work on Glamsterdam, the network's next major upgrade, as teams begin testing a version of the fork in a closed environment.
State Street targets stablecoin reserve boom with new money market fund -
The asset manager joins BlackRock, Franklin Templeton and others competing to manage reserves backing the growing stablecoin market.
bitcoin.com
Gate Lists RLUSD With BTC, ETH, XRP and USDT Pairs as Rewards Go Live -
Gate added RLUSD trading pairs with XRP, BTC, ETH, and USDT, extending exchange access for Ripple’s dollar-backed stablecoin. Ripple said the XRP/RLUSD market unlocks interoperability and capital efficiency for digital asset markets worldwide. RLUSD Markets Open With XRP, BTC, ETH, and USDT Pairs Gate listed RLUSD on June 15, opening BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/ […]
Bitcoin’s Killer Use Case: Michael Saylor Explains How BTC Could Transform Global Finance -
Michael Saylor says bitcoin’s “killer use case” is far bigger than payments, arguing that BTC could become the foundation for global money, credit, and capital markets. Saylor Says Bitcoin’s ‘Killer Use Case’ Goes Beyond Payments Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor said bitcoin’s “killer use case” extends beyond payments, outlining a vision for BTC’s […]
XRP Withdrawals Top 53% on Binance as Leveraged Bets Hit 2026 High -
XRP withdrawals on Binance rose as traders shifted activity away from deposits, while leverage in the exchange’s derivatives market hit a yearly high. Cryptoquant-shared data showed withdrawal dominance at 53.2%, while Binance’s XRP leverage ratio reached its highest level of 2026. Binance XRP Withdrawals Climb Back Toward April Stress Zone XRP flows on Binance have […]
Bitcoin’s Next Phase Is Bigger Than Holding BTC: Saylor Outlines 5-Layer Stack -
Michael Saylor says bitcoin’s evolution could extend far beyond corporate treasury strategies, outlining a five-layer financial framework built on BTC. Saylor Details How Bitcoin-Backed Markets Could Move Beyond Treasury Holdings Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), says bitcoin’s next phase is not limited to companies adding BTC to balance sheets. In a June […]
Onchain Data Locks In Satoshi’s 1.1M BTC Hoard — 3 Theories on Why It Never Moves -
Over the years, blockchain forensic analysis has traced roughly 1.1 million bitcoin, currently worth nearly $73 billion, to Satoshi Nakamoto, the pseudonymous creator of Bitcoin, with the entire cache sitting untouched since 2010. What the Numbers Show The estimate places Satoshi‘s holdings at approximately 1.09 million to 1.1 million BTC, representing about 5.47% of bitcoin’s […]
Reason
Cato Institute
Tenth Amendment Center
Let’s Not Forget What Madison Said About War -
What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst.
The post Let’s Not Forget What Madison Said About War appeared first on 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...
Electronic Frontier Foundation
Onward, Friends -
After 26 years, today is my last day at EFF. It's been a terrific and wild ride — the organization has grown from a tiny band of fighty people trying to plant a flag for freedom and justice in the coming digital world into a large, established band of fighty people doing, well, much the same. The world around us has changed enormously. Our core values haven't budged.
I'm proud of what we've ac...
EFFecting Change: LGBTQ+ Solidarity Against the Tide of Surveillance -
LGBTQ+ communities are facing an escalating wave of censorship and targeted surveillance, but we can push back through mutual solidarity. Join us live to learn how safer virtual spaces get built, how platform policies and government pressure are reshaping the digital landscape, and what platform accountability actually looks like. Our panel will share ideas for direct action and concrete strate...
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 ...
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
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban -
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...
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...
Banking Dive
Robinhood cuts nearly 300 employees -
While other fintechs credited AI in staff reductions, Robinhood cited a need to remain a “lean, hyper-focused team where every single individual is empowered to make a massive impact.”
GAO prods FDIC on rotating examiners -
By instituting such a requirement, the FDIC “could mitigate threats to independence and better ensure that escalation decisions are independent and evidence-based,” the GAO said.
DC-area banks to merge in $98M deal -
The merger of Tysons Corner, Virginia-based ODNB Financial Corp. and Washington, D.C.-based National Capital Bancorp is set to create a $2.4 billion-asset bank with 10 branches across four states and the nation’s capital.
‘We are not ready’: AI could trigger bank runs in seconds, lawmaker says -
Rep. Bill Foster, D-IL, said real-time regulatory dashboards, standardized reporting and open source software are needed to respond to an AI-driven bank run.
Nubank notifies customers of its liquidation in error -
Brazil’s central bank is not liquidating the digital lender. But dozens of customers Friday received a message telling them this was the case.
American Banker
Bank of International Settlements
Bond yield responses to macro news: the role of macro forecast disagreement and monetary policy uncertainty -
by Peter Hördahl, Burçin Kısacıkoğlu, Dora XiaBond yields react to macroeconomic surprises, but the magnitude of this responsiveness depends on macroeconomic forecast disagreement and monetary policy uncertainty. Using intraday responses of US Treasury futures to surprises in macroeconomic data releases, we find that greater forecast disagreement about an economic indicator prior to its release...
Gent Sejko: Albania's economic and financial developments in 2025 -
Address by Mr Gent Sejko, Governor of the Bank of Albania, to the Parliamentary Committee on Economy, Employment and Finance presenting the Annual Report of the Bank of Albania for 2025, Tirana, 12 June 2026.
Primož Dolenc: Keynote address - ACI Slovenia Annual Assembly and Financial Markets Conference -
Keynote address by Mr Primož Dolenc, Governor of Banka Slovenije, at the ACI Slovenia Annual Assembly and Financial Markets Conference, Postojna, 12 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases