Kitco News
Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains -
(Kitco News) - After Friday’s breakdown, gold prices could have further to fall, but some analysts believe investors should ignore the noise and focus on the bigger picture.
China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases -
(Kitco News) – The People’s Bank of China (PBoC) increased its gold reserves by nearly 10 tonnes last month, its 19th consecutive month of bullion purchases, according to the latest government data.The State Administration of Foreign Exchange (SAFE) announced on Sunday that China's official gold reserves rose by 320,000 troy ounces or 9.95 tonnes in May to a total of 74.96 million troy ounces o...
Rising inflation may push real rates lower, setting the stage for gold's next rally - WisdomTree’s Shah -
(Kitco News) - The gold market continues to struggle as prices remain firmly below their 200-day moving average. The selling pressure has been driven by rising inflation fears, but one analyst says that this threat could also be gold's greatest long-term strength.
Gold gets no boost from geopolitical conflict, Russia makes outsized precious metals output claims for 2026 – Heraeus -
(Kitco News) – Gold prices are not seeing any safe-haven bid as a result of the latest round of conflict in the Middle East, while several key metrics show investor interest in silver is waning, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold recently overtook Treasuries as the most valuable central bank reserve asset.
Gold holds near $4,330 as Hormuz volatility meets firmer dollar - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are near steady and spot silver prices are higher in early U.S. trading Monday, as oil pulled back from overnight highs, U.S. equity futures recovered and traders looked ahead to Wednesday’s May inflation report.
What’s next for gold after the 200-day moving average breaks? -
(Kitco News) - Gold and silver investors aren’t heading into the weekend with much to feel good about.
Wall Street brimming with bears after gold's breakdown, Main Street pessimism persists as inflation data takes center stage -
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold’s near-term prospects, while Main Street grew more pessimistic after gold’s week of weakness.
Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dollar and triggered heavy selling across precious metals.
Gold breaks below key technical support, but analysts see a buying opportunity -
(Kitco News) - Inflation fears on multiple fronts have taken their toll on the gold market, with prices breaking below a critical long-term support level.
Mining M&A enters new phase as investors demand growth, execution | Adshead-Bell -
(Kitco News) Higher metals prices are giving mining companies more capital and more strategic options, but investors are becoming less tolerant of complicated portfolios, missed guidance and weak technical oversight, according to Nicole Adshead-Bell, director of Cupel Advisory.
Zero Hedge
'Chat Is Dead': OpenAI's Pre-IPO Makeover Into A "Superapp" -
'Chat Is Dead': OpenAI's Pre-IPO Makeover Into A "Superapp"
The year the private-AI complex finally has to show its work has arrived, and ChatGPT maker OpenAI is about to add some major garnishing to the prospectus before their upcoming IPO - in what FT is calling the "biggest overhaul of ChatGPT since launch."
"It will transcend the actual surface . . . what we’re building towa...
Judge Blocks Trump's $100,000 Fee For H-1B Visas -
Judge Blocks Trump's $100,000 Fee For H-1B Visas
Authored by Zachary Stieber via The Epoch Times,
President Donald Trump's $100,000 fee for H-1B visas is not legal, a federal judge said on June 8.
President Donald Trump speaks before signing an executive order in the South Court Auditorium in the Eisenhower Executive Office Building in Washington on Aug. 5, 2025. Win McNamee/Getty...
UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades -
UBS Warns America's Restaurants Locked In "Difficult Cycle" As Tax-Refund Sugar-High Fades
There is certainly a growing consensus on Wall Street that the tax-refund sugar high is fading just as consumers' financial profiles deteriorate. The latest read-through comes from UBS analyst Dennis Geiger, the bank's U.S. restaurants equity research analyst, who warns that a toxic cocktail ...
6.4 Magnitude Quake Rocks Western Cuba, Sends Tremors Into South Florida -
6.4 Magnitude Quake Rocks Western Cuba, Sends Tremors Into South Florida
The USGS reported that a magnitude 6.4 earthquake struck just off the coast of Cuba around 2 p.m. ET, with residents across parts of Florida reporting feeling the shaking.
Notable quake, preliminary info: M 6.4 - 118 km WNW of Mantua, Cuba https://t.co/EUaVqZo8M1
— USGS Earthquakes (@USGS_Quakes) June 8, 202...
DOJ Asks Courts To Strip 17 Criminals Of US Citizenship -
DOJ Asks Courts To Strip 17 Criminals Of US Citizenship
Authored by Zachary Stieber via The Epoch Times,
The Department of Justice (DOJ) on Monday announced it has asked courts across the country to strip more than a dozen people who have pleaded guilty or been convicted of crimes of their U.S. citizenship.
Acting Attorney General Todd Blanche speaks during a press conference in W...
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC -
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
Summary:
Market Reaction: Buy the rumor, Sell the news
Apple Reveals Long-Awaited AI Siri
CEO Tim Cook gives his final WWDC keynote speech
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Apple CEO Tim Cook opened WWDC26 with a keynote on artificial intelligence, software upda...
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom -
Pentagon Names Alibaba, Baidu, And BYD In Updated Chinese Military Companies List As DoD Contracting Bans Loom
The Department of Defense has filed a major update to its official list of "Chinese military companies" operating in the United States, formally naming or reaffirming high-profile firms including Alibaba, Baidu, BYD, BGI Group, and Autel as companies linked to Beijing's mi...
Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo -
Trump Admin Provided No Defensive Action For Israel Amid Iranian Missile Salvo
We've been documenting the apparent immense strain in the US-Israel relationship related to Iran policy and strategy. In this latest round of trading major blows, President Trump reportedly not only told Israel to immediately halt its response and to not retaliate, but gave no order for US forces to prot...
Netanyahu Confirms Israel 'Holding Fire, For Now' - Rejects Iran Red Line To Not Attack Lebanon -
Netanyahu Confirms Israel 'Holding Fire, For Now' - Rejects Iran Red Line To Not Attack Lebanon
Summary
Israel has rejected Iran's warning not to attack Lebanon, though aerial operations appear paused.
Israeli officials say strikes on Iran being halted at President Trump's request to 'stop shooting'. Netanyahu confirms attacks halted 'for now'.
Iran FM accuses US of cooperating ...
India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike -
India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike
Update(1315ET): US Navy forces have announced a new Monday direction action operation in the Gulf of Oman. The US has cited that the vessel refused to respond to orders related to the blockade of Iranian naval ports.
The ship attempted to sail to an Iranian port, in violation of the ongoing blockade. A C...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Ed Steer: Gold's 200-day moving average falls in a brutal bear raid -
10a ET Sunday, June 7, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Brutal Bear Raid: Gold's 200-Day Moving Average Falls" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/brutal-bear-raid-golds-200-day-moving-average-falls
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committ...
China's PBOC adds gold again as bullion remains under pressure -
By Jessica ZhouBloomberg NewsSaturday, June 6, 2026
China's central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure.
Bullion held by the People's Bank of China rose by 320,000 troy ounces last month, according to data released today. The latest addition extended its buying streak to 19 months, the longest since at least 201...
Joseph Solis-Mullen: Sound money and the myth of militarism -
By Joseph Solis-MullenMoneyMetals.com, Eagle, IdahoFriday, June 5, 2026
One of the most common mistaken arguments against a return to sound money is that the dollar's international dominance supposedly depends upon American military supremacy.
According to this view, the United States cannot seriously consider restoring monetary discipline -- whether through embracing the classical gold standar...
Alasdair Macleod: Summer doldrums for the monetary metals -
By Alasdair MacleodGoldMoney, TorontoFriday, June 5, 2026
Over the last six months, gold and silver are barely changed. Investors are losing patience. It's time to stand back and examine the big picture and ignore short-term sentiment.
As our introductory chart shows, gold and silver are barely changed on the year. As a measure of investor sentiment, North American investors sold down 12 tonnes...
Maguire sees Western gold futures market collapsing; Steer talks with Commodity Culture -
10:52a ET Friday, June 5, 2026
Dear Friend of GATA and Gold:
Western gold futures markets are collapsing as China corners the world's physical gold markets, London metals trader Andrew Maguire tells this week's episode of Kinesis Money's "Live from the Vault" program at YouTube:
https://www.youtube.com/watch?v=j81nPyBJPeA
And GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver D...
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
Influential research firm that caused AI stock meltdown lays out Hyperliquid as 'compelling' idea -
Unlike most crypto, Hyperliquid actually generates cash flow and has a token buyback mechanism, says Citrini Research
Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase -
Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.
Sam Bankman-Fried officially asks Trump for a presidential pardon -
The fallen crypto mogul serving a 25-year sentence filed a clemency petition, betting on Donald Trump's history of crypto pardons even though the president had told him not to count on one.
The startup killer: Ledger CTO says the EU's crushing compliance costs are choking Web3 innovation -
Industry insiders warn that MiCA's steep financial barriers are choking early-stage innovation.
Aave chief defends protocol's 'resilience' after $8.45 billion bank run -
The founder of the largest DeFi platform blamed "third-party” entities for decentralized finance’s vulnerabilities, while independent data highlights severe gaps in Aave’s own risk architecture.
Blame bitcoin's tumble on rising inflation, not Strategy, 10xResearch argues -
The main driver behind bitcoin's weakness was ETF selling after red-hot April U.S. inflation data, 10x's Markus Thielen argued. The bounce may hinge on Wednesday's CPI data, he said.
CoinDesk 20 performance update: NEAR gains 12.3% as almost all assets trade higher -
Bittensor (TAO), up 12% from Friday, joined NEAR Protocol (NEAR) as a top performer.
MetaMask launches AI agent wallet with built-in security for crypto trades -
The launch comes as AI agents increasingly emerge as participants in crypto markets, executing trades and managing capital on behalf of users.
Bitmine bought the dip, making its biggest ether purchase in 2026 as prices tanked -
The company bought 126,971 ETH last week, worth roughly $214 million at current prices, despite chairman Tom Lee's earlier calls to slow purchases.
Strategy buys 1,550 bitcoin one week after selling $2.5 million of coins -
Strategy adds bitcoin and cash after raising $181 million through stock sales.
bitcoin.com
Bitcoin Rebounds Above $64K as Derivatives Traders Trigger $282.5M Liquidations -
Bitcoin successfully reclaimed the $64,000 threshold, reversing a brutal multi-day rout that had previously dragged it below $60,000. Bitcoin Reclaims $64,000 Amid Geopolitical Storm Bitcoin staged a resilient comeback, shrugging off a volley of escalating military exchanges between Israel and Iran to aggressively reclaim the $64,000 threshold. The cryptocurrency’s swift rebound offers a stark ...
Warsh Faces His First Test June 17 as Traders Hunt for Hidden Signals in the Fed’s Dot Plot -
Traders on multiple prediction markets are pricing near-certainty that the Federal Reserve will hold interest rates unchanged at its June 16–17 meeting, even as a new Fed Chair steps into one of the most scrutinized policy seats in the world. Warsh Takes the Chair Kevin Warsh officially leads the Federal Open Market Committee (FOMC) for […]
Morgan Stanley and Galaxy Launch Crypto Lending Pathway Into Bitcoin ETPs -
Morgan Stanley Wealth Management has launched a referral arrangement with Galaxy Digital for eligible clients seeking to lend crypto and receive spot crypto ETP shares. The setup is designed to make digital assets easier to integrate into traditional portfolios. Galaxy Opens $5M Crypto Lending Program to Morgan Stanley Wealth Clients Morgan Stanley Wealth Management is […]
ChatGPT, Grok and Claude Predict Where Bitcoin, Ether, XRP and Solana Could Land by Dec. 31 -
2026 has delivered a difficult stretch for the crypto market, with each of the five largest crypto assets by market capitalization posting double-digit losses year to date. Out of the top five, solana ( SOL) has borne the brunt of the decline, shedding more than 47% since Jan. 1. To gain insight into where the […]
$2 Billion and Counting: Polymarket and Kalshi See Record Inflows Ahead of FIFA World Cup Kickoff -
The FIFA World Cup, expected to be one of the largest events in sports history, is already seeing huge trading volume in prediction markets as users seek to predict which team will win. Volumes for these contracts have reached nearly $2 billion in Kalshi and Polymarket. FIFA World Cup Derivatives Start Moving Billions in Prediction […]
Reason
Penis Measurements Cannot Justify a Sex Offender's Indefinite Detention, South Carolina's Top Court Says -
The court unanimously ruled that penile plethysmography is unreliable and inadmissible as evidence of redivisim risk.
Bill Introduced in Congress To Codify the First Amendment Right To Film the Feds and Sue for Violations -
Civil liberties groups say recording the police is core First Amendment activity. The Right to Record Act of 2026 would create a right to sue federal officers who violate it.
Stephen Miller and Pete Hegseth Are Wildly Misleading About Section 702 Warrantless Surveillance -
Miller says it is "madness" to expect law enforcement to get a warrant before spying on Americans' electronic communications.
What Judge Wood Did Not Say About Judge Ross's Misconduct -
She says nothing about Judge Ross's dishonesty, nothing about the private reprimand, and nothing about Pauline Newman.
The Pentagon's New War - Canceling American Religion and American History -
A guest post by Prof. Paul Finkelman.
Gordon Wood, RIP -
The great historian of the American Founding passed away yesterday, killed by a car while walking.
Stop Calling it an Immunity! There's No Immunity! -
It's all a figment of Todd Blanche's imagination.
New Embryo Editing Technique Takes Us a Step Closer to Designing Babies Without Disease -
Gene-editing human embryos may now be a reality.
Trump's Middle Eastern Ceasefire: Fiery But Mostly Peaceful -
The White House keeps insisting that peace is around the corner. Meanwhile, Israel, Iran, and the United States keep shooting at each other.
In Lawsuit Over Construction Raids, DHS Official Testifies ICE Agents Can't Trust REAL IDs -
A Homeland Security official's testimony that ICE agents couldn't rely on REAL IDs as proof of citizenship led a federal judge to reply, "Help me understand how that makes sense."
Cato Institute
Tenth Amendment Center
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.
Refuse to Comply: Madison’s Blueprint to Stop the Feds -
“A refusal to cooperate.” That’s the strategy James Madison gave us to stop federal programs. In Federalist #46, he laid out a series of steps to combat “unwarrantable measures of the federal government” along with those that are “warrantable” but “unpopular.” In other words, we can use his blueprint to combat unconstitutional acts, as well […]
The post Refuse to Comply: Madison’s Blueprint to ...
Electronic Frontier Foundation
Cheers to the Winners of EFF’s 18th Annual Cyberlaw Trivia Night! -
On a warm June evening in San Francisco, attorneys and other legally-minded friends of EFF gathered for our 18th Annual Cyberlaw Trivia Night, an annual test of tech-related legal knowledge, and the ability to remember some deeply obscure facts under pressure.
Returning Quizmaster Kurt Opsahl once again guided competitors through six rounds of trivia covering everything from intellectual prope...
Internet Age Gates Are a Growing Global Threat -
The internet is an essential resource for young people and adults to access information, explore community, and find themselves—both inside countries and across continents. Yet governments around the world continue to introduce and implement legislation requiring all online users to verify their ages before accessing the digital space. In some cases, politicians are going further, putting forth...
LGBT Q&A Season 1 Recap: Staying Safer Online -
Last year during LGBTQ+ Pride month, we launched an LGBT Q&A where we answered your most pressing digital rights questions on EFF’s Instagram and TikTok accounts.
Ahead of LGBT Q&A Season 2 launching next week, we’re posting a recap with some of the questions we answered. Check them out below.
You wanted to know: How to stay safe when dating online.
You asked: I'm a 17 year old trans woman a...
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
PA: Stop the “Lock Up Your Safety” Bill in Harrisburg! -
Harrisburg Gun Grabbers Want to Criminalize Your Self-Defense! The anti-gun Democrats in Harrisburg are launching yet another direct assault on your God-given rights. On Monday, June 8th, the House Judiciary Committee is scheduled to hear two highly critical bills. This committee is run by Representative Tim Briggs (D-149), one of the most rabidly anti-gun members of the House who proudly … Rea...
SC: Can We Trust Stephen Goldfinch to be SC’s Top Cop? -
Gun Owners Should Remember Stephen Goldfinch’s Record on Constitutional Carry For nearly a decade, South Carolina gun owners fought to restore a simple principle: law-abiding citizens should not have to ask the government for permission before exercising their right to bear arms. That fight was long, difficult, and filled with obstacles. One of those obstacles was Senator Stephen Goldfinch. As ...
VA: GOA and VCDL Just Had a Major Win Against Universal Background Check Enforcement in Court! -
Today, Gun Owners of America and the Virginia Citizens Defense League won another major victory in our fight against Virginia’s unconstitutional Universal Background Check law. In Wilson v. Hanley, Judge Yeatts made it crystal clear that his statewide permanent injunction remains fully in effect and that Virginia law enforcement is expected to comply with that order. The court rejected efforts ...
Banking Dive
American Banker
Bank of International Settlements
Denny H Kalyalya: Keynote speech - Stanbic Bank 4th Banking Industry Symposium -
Keynote speech by Dr Denny H Kalyalya, Governor of the Bank of Zambia, at the Stanbic Bank 4th Banking Industry Symposium, Lusaka, 22 May 2026.
Olli Rehn: Systemic risk, resilience and competitiveness in a changing technological landscape -
Keynote speech by Mr Olli Rehn, Governor of the Bank of Finland and First Vice-Chair of the European Systemic Risk Board, at the 11th Bank of Finland and European Systemic Risk Board joint conference on AI and Systemic Risk Analytics, Helsinki, 3 June 2026.
Olli Rehn: Europe's economy under the weight of power politics -
Speech by Mr Olli Rehn, Governor of the Bank of Finland and First Vice-Chair of the European Systemic Risk Board, at the EU Heads of Mission lunch seminar, Helsinki, 2 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases