Kitco News
Gold and silver hold post-NFP gains as hike bets move out - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher late Friday in North American trade, as Thursday’s weaker-than-expected U.S. employment report continued to pressure the dollar and support precious metals into a thin holiday-weekend tape.
Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council -
(Kitco News) – Sovereign demand for gold shot higher in May, with central bank purchases reaching the second-highest level of the year, surpassed only to February’s outsized performance, according to the latest data from Marissa Salim, Senior Research Lead, APAC at the World Gold Council.“Central banks were back in buying mode in May – and with a little more spring in their step,” Salim wr...
‘We anticipate further upside for gold by year-end’ – HSBC’s Sels and Ku -
(Kitco News) – Even as U.S. Treasury yields and a stronger dollar continue to limit gold’s upside, growing diversification demand, central bank buying and ETF inflows should support further price gains for the yellow metal by the end of 2026, according to HSBC.
State Street’s baseline scenario sees gold price as high as $5,500/oz by Q1 2027 -
(Kitco News) – While tactical headwinds such as high yields, a strong dollar and the threat of Fed rate hikes persist, the structural tailwinds of Asian and central bank demand and the need for diversification amid high stock/bond correlation should drive gold prices as high as $5,500 per ounce by March of next year, according to the new Monthly Gold Monitor from State Street Global Advisors.In...
Gold nears $4,200 as dollar slips after weak jobs data - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher on Friday morning with U.S. markets closed ahead of the Independence Day holiday, as Thursday’s weaker-than-expected U.S. employment report continued to weigh on the dollar and Treasury yields while supporting short-covering in precious metals.
Central banks are still betting on gold -
(Kitco News) - Gold's recent correction has understandably raised questions about whether the precious metal's historic bull market is beginning to lose momentum.
Gold bulls charge back on Wall Street and Main Street after weak jobs report dispels rate hike fears and drives gold above $4,100/oz -
The latest Kitco News Weekly Gold Survey showed bulls back in the driver’s seat on both Wall Street and Main Street after gold reclaimed $4,100 ahead of the Independence Day long weekend.
Gold and silver gain as NFP miss pushes hike bets out - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher after the North American cash-market close Thursday, as a weaker-than-expected June payrolls report pushed the U.S. dollar lower, eased near-term Federal Reserve tightening fears and helped metals extend their post-data rebound.
Will June’s employment data mark a turnaround for gold? -
(Kitco News) - Although inflation remains a persistent threat, the Federal Reserve was reminded Thursday of the other side of its dual mandate as the U.S. labor market lost momentum in June.
Gold is near fair value, setting the stage for the next leg higher - WisdomTree's Shah -
(Kitco News) - After a wild start to the year, gold's sharp correction has brought prices back toward fair value rather than signaling the end of the precious metal's secular bull market, according to one market strategist.
Zero Hedge
10 Charts Show How America Has Changed In 250 Years -
10 Charts Show How America Has Changed In 250 Years
Authored by Sylvia Xu via The Epoch Times,
The United States has transformed from a collection of 13 eastern colonies into a transcontinental nation spanning 50 states, one district, and five major territories—a geographic expansion forged through land purchases and war treaties.
America’s two-and-a-half-century evolution includ...
Heat Dome Threatens America's 250th Birthday As Power Grid Crisis Continues -
Heat Dome Threatens America's 250th Birthday As Power Grid Crisis Continues
A massive heat dome continues to threaten the eastern half of the US, with the Mid-Atlantic and Northeast at the epicenter of the sweltering conditions.
The summer heat is already disrupting July 4 celebrations and World Cup matches, while pushing the nation's largest power grid toward crisis mode later t...
Russia Planning Provocation Against Poland To Test NATO Resolve, US Reportedly Warned -
Russia Planning Provocation Against Poland To Test NATO Resolve, US Reportedly Warned
The Telegraph along with various Eastern European media outlets, including Polish national sources, are reporting that United States passed Warsaw a warning based on intelligence that Moscow is considering an armed provocation against Poland to "test NATO's resolve".
Provocation scenarios are sai...
ISIS Terrorist Reaches Britain Via Small Boat After TikTok Assured Him UK 'Accepts Everyone' -
ISIS Terrorist Reaches Britain Via Small Boat After TikTok Assured Him UK 'Accepts Everyone'
Authored by Steve Watson via Modernity News,
A convicted ISIS terrorist who attended beheadings and public floggings in Iraq has been jailed for two years after arriving in Britain on a small boat. He told officials he came because he heard on TikTok that the UK "accepts everyone" and resp...
German Clampdown On Sick Leave: No More Phoning It In, Doc Note Needed On Day 1 -
German Clampdown On Sick Leave: No More Phoning It In, Doc Note Needed On Day 1
In a stark departure from its reputation for employee-coddling, the German government is attacking the mass abuse of sick leave with strict new policies that would require a doctor's note obtained on the very first day an employee is sick, with no ability to simply take a sick day with a mere phone call...
The American System Rejects Europe's Economic Suicide -
The American System Rejects Europe's Economic Suicide
Authored by J.B. Shurk via American Thinker,
National self-sufficiency beats globalism’s mass dependency.
What makes a nation wealthy? It’s not just arable lands surrounded by other lands filled with water, timber, coal, gas, oil, metals, and minerals. It’s the farmer who knows best how to cultivate those lands in order to...
Would The Founders Still Recognize Their Republic? -
Would The Founders Still Recognize Their Republic?
Authored by Andrew P. Napolitano
Which is better — to be ruled by one tyrant 3,000 miles away or by 3,000 tyrants one mile away?
— Rev. Mather Byles (1706-1788)
Does it really matter if the instrument curtailing liberty is a monarch or a popularly elected legislature? This conundrum, along with the witty version of it put to a ...
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires" -
First $1 Billion, Now $50 Million: Khanna Says Wealth Tax "Must Not Stop At Billionaires"
Rep. Ro Khanna (D-CA) - fresh off endorsing California's November ballot measure to seize 5% of billionaire wealth - published a Substack essay Wednesday titled, no really, "Why I Support a Billionaire Wealth Tax."
He makes it roughly a dozen paragraphs before explaining that it isn't one.
...
Alibaba Bans Employees From Using Anthropic's Coding Tool Over Distillation Scandal -
Alibaba Bans Employees From Using Anthropic's Coding Tool Over Distillation Scandal
While in the US, the government's periodic bans of the latest model from Anthropic (which has made AI doomerism - in hopes of getting the government to regulate everyone else expect Anthropic, yet repeatedly achieving just the opposite - into an art form) has been all the rage in recent months, in C...
US At 250: Why America Has Been So Successful And Can It Continue -
US At 250: Why America Has Been So Successful And Can It Continue
To mark the 250 year anniversary of the US Declaration of Independence, Deutsche Bank has published a report looking at how the US emerged as a global superpower, and why it’s likely to remain one despite new challenges.
First, DB considers how the US went from being a comparatively small country to the world's pre-...
MarketWatch - Top Stories
When it comes to beating the stock market, no news really is good news -
A new study has found a flaw in how people interpret the very headlines they are seeing.
Here’s what’s worth streaming in July 2026 on Netflix, Hulu, HBO Max and more -
Why it’s a good month to save on streaming, despite the return of ‘Enola Holmes’ to Netflix and ‘Silo’ to Apple
Record beef imports are flooding the U.S. — so why is your Fourth of July BBQ so expensive? -
Beef prices are sizzling and Washington’s recipe for high costs — import more meat — only grills your wallet.
Your aging parent has a new romance. Here’s how to protect your inheritance — without looking greedy. -
Before your single mom or dad remarries, talk with them about estate-planning issues.
Opening a ‘Trump account’ for your children? Here is the risk you need to reckon with first. -
The new accounts ban bonds and international stocks, forcing parents to bet their children’s financial future entirely on U.S. equities.
‘I don’t think I’ll make it to 80’: I’m 70 and single. Do I take out a reverse mortgage or a home-equity agreement? -
“I’m torn between these two options.”
Nvidia is betting on a trillion-dollar robotics boom. Here is the hidden way to trade it. -
CEO Jensen Huang has called humanoid robots a “multitrillion-dollar economic opportunity.”
Want to live longer in retirement? This one money move could add years to your life. -
A secure retirement portfolio acts like a health shield, calming market anxiety that can actually shorten life expectancy.
Before you max out your 401(k) this year, consider a much better use for your next paycheck -
Grabbing an employer match is essential, but prioritizing high-interest debt and emergency cash can bring much better near-term results.
‘I claimed Social Security at 62’: At 76, I’m working at Walmart. Why do I still owe payroll taxes? -
“It seems like half of the workforce at our local Walmart is over 65.”
CNBC Top News
CNBC Economy
Christine Lagarde leaves door open to early ECB exit, as she mulls French politics -
The European Central Bank's Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics.
Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era -
A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
U.S. job creation cools in June with payrolls growth of just 57,000; unemployment rate at 4.2% -
Nonfarm payrolls were expected to rise by 115,000 in June and the unemployment rate to hold steady at 4.3%.
Europe wants to rebalance trade with Beijing, but can't quit Chinese air conditioners -
A historic heat wave has driven unprecedented demand for Chinese-made air conditioners in Europe, underscoring the tough task Brussels faces in rebalancing trade with Beijing.
World Cup could boost the June jobs report by 40,000, Goldman estimates -
Nonfarm payrolls are projected to post a gain of 115,000, according to the Dow Jones consensus.
GATA
India's government will try again to paperize household gold -
New Gold Monetisation Scheme in the Works: How Government Aims to Reduce Dependence on Imported Gold
From The Times of India, MumbaiFriday, July 3, 2026
https://timesofindia.indiatimes.com/business/india-business/new-gold-monetisation-scheme-in-the-works-how-government-aims-to-reduce-dependence-on-imported-gold/articleshow/132158279.cms
The government is evaluating a proposal to allow jewellers...
Hong Kong launches gold clearing and settlement system next week, sources tell SCMP -
Enoch Yiu and Julie ZhangSouth China Morning Post, Hong KongFriday, July 3, 2026
Hong Kong will launch a long-awaited gold clearing and settlement system next week, making a giant stride towards being an international price-setter for the precious metal, according to two sources with knowledge of the matter.
Authorities plan to process the first gold settlement through the new system on Tuesday...
Alasdair Macleod: The squeeze is on in the monetary metals -
By Alasdair MacleodGoldMoney, TorontoFriday, July 3, 2026
Trading conditions on Comex suggest that gold and silver bears are about to be squeezed -- potentially viciously. If so, then prices measured in fiat currencies have bottomed.
Let's start with gold. This week the price has rallied from a low of $3,950 on June 30 to $4,170 this morning. As is the case in silver, the July contract and opti...
Trump allies double down on efforts to reshape the Fed -
By Saleha Mohsin and Joshua GreenBloomberg NewsThursday, July 2, 2028
President Donald Trump and his allies are renewing a push to reshape the Federal Reserve after the Supreme Court this week blocked an effort to fire Governor Lisa Cook.
Top officials and outside allies are actively exploring ways to remove members of the Fed’s Board of Governors in Washington to clear the way for more of the ...
Virginia extends gold and silver tax exemption hours before midnight expiration -
From the Sound Money Defense Leaguevia MoneyMetals.com, Eagle, IdahoTuesday, June 30, 2026
With Virginia Gov. Abigail Spanberger's signature on the state budget bill last night, Virginia has officially extended the sales tax exemption for purchases of gold and silver until 2028.
Virginia's sales tax exemption on gold, silver, and platinum bullion or legal tender coins was scheduled to sunset on...
Wolf Street
Legal Tender News
CoinDesk
Europe led on crypto regulation. Now implementation must match ambition -
EU moves to block retail investors from explosive boom of multibillion-dollar prediction markets -
The region's regulators emphasized that a product's actual function as a derivative matters more than its commercial name or labeling when assessing compliance.
UK's bold new crypto rules promise to unlock global trading, but huge compliance hurdles still threaten the rollout -
The U.K. FCA's crypto framework has been praised for prioritizing global liquidity and institutional adoption, but the authorization process is expected to be daunting.
XRP climbs 8% as record holder losses signal better risk-reward for buyers -
The token's 30-day and 365-day MVRV, a measure of how far holders are underwater, sit near -45% and -47%, lows Santiment says XRP has never reached before. Some traders read stretched losses as a contrarian signal.
Bitcoin’s next parabolic run may need $1 trillion in fresh capital -
This cycle, about $697 billion in new money has generated a roughly 689% gain, compared with earlier cycles where far less capital drove returns of upto 50,000%.
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree -
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token's volumes have fallen sharply this year.
Trump says there is ‘nothing wrong’ with family’s crypto windfall -
The president reported at least $1.4 billion in crypto income for 2025. He told CNBC he did nothing illegal and was not aware of the extent of his holdings. Critics say he is profiting from the office while his administration writes the industry's rules.
Bitcoin whales bought $16.7 billion of bitcoin in 2 weeks even as ETFs bled a record $4 billion -
U.S. institutional demand had its worst month ever in June. Large holders absorbed the selling, marking a divergence that has shown up near past cycle bottoms.
Bitcoin, ether traders aren't fully buying the bounce, options markets show -
Your day-ahead look for July 3, 2026
Crypto bulls on firmer footing as U.S. rate-hike risk recedes -
Crypto ended the week in a more buoyant state after weak U.S. jobs data reduced the chances of a Fed interest-rate increase and Uniswap gained on a link-up with Robinhood.
bitcoin.com
US Money Supply Hits Record $23 Trillion as Critics See a New Fed-Fueled Bubble -
The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserve’s M2 gauge has ever crossed the $23 trillion mark. The record lands as critics have accused the Fed of quietly restarting stimulus. Inside the Federal Reserve’s Latest Numbers The Federal Reserve’s H.6 money stock release, published yesterday, put seasonally […]
Trader’s Portfolio Gains $193M in a Week While Another Investor’s Early ANSEM Exit Costs Them $2.38M -
Crypto trader Ansem’s portfolio has gained more than $193 million in a single week on the back of his namesake ANSEM meme coin, per Lookonchain. The same firm flagged an airdrop recipient who left $2.38 million on the table by selling early. A Namesake Token Mints a Nine-Figure Week Lookonchain, a firm that traces wallet […]
Robinhood Chain Enters The Chat, Metaplanet Digs Deep, And More – Weekly Recap -
Robinhood deepened its onchain push with the launch of Robinhood Chain, while Metaplanet expanded its bitcoin treasury to 43,000 BTC. Grayscale then outlined two possible paths out of bitcoin’s bear market as key catalysts approach, and Coinbase CEO Brian Armstrong tied crypto more directly to America’s debt and monetary problems. Metamask also entered the yield-and-payments […]
RWA Inc’s Kevin Yunai Says Platforms Must Build Liquidity to Unlock $320 Billion RWA Market -
Real-world asset tokenization has moved beyond the question of whether assets can be brought onchain. According to RWA Inc founder and CEO Kevin Yunai, the next challenge is turning those assets into liquid, compliant, and productive financial instruments. Tokenized Assets Must Become Tradable to Unlock Real Value The real-world asset ( RWA) sector has spent […]
THEA Raises $8 Million to Build Solana-Based AI Settlement Network -
THEA has raised $8 million in strategic funding to expand its behavioral AI infrastructure and develop Thea Network. The project aims to create a trust-minimized settlement layer for AI services, using off-chain compute, Solana anchoring and zero-knowledge proofs. Maven 11 and Spartan Back THEA’s $8 Million Push Into AI Settlement Infrastructure THEA has closed an […]
Reason
Cato Institute
Tenth Amendment Center
Five Weapons. One Target: Your Freedom. -
The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted.
The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.
They’re not Grievances. They’re STOLEN Power -
Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...
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.
Electronic Frontier Foundation
LGBT Q&A: How Can I Wipe Online Data That Points To My Queer Identity? -
This Pride, we’re answering all your digital rights questions in season two of our initiative, LGBT Q&A.
You Asked: Is there a way for me to wipe data about me online that could point to my queer identity?
EFF’s Answer: You cannot protect everything all the time, but there are ways to wipe information about yourself online.
Most information available about you online will typically be found i...
EFF and Allies: X’s FTC Petition to Waive Privacy Violation Order Should be Rejected -
X Corp. should not be able to escape privacy compliance because it changed its name.
On May 15, X Corp. filed a petition before the Federal Trade Commission (FTC) to set aside or modify an order issued in 2022 requiring the company to report regularly to the FTC for its violations of user data. The order or “consent decree” is a result of misleading the platforms’ 140 million users by using pr...
LGBT Q&A: What Data Are Companies in the UK Collecting When Verifying My Age? -
This Pride, we’re answering all your digital rights questions in season two of our initiative, LGBT Q&A.
You Asked: I live in the UK, and we have age verification now on a bunch of websites (including Reddit) and now on iPhones. Can you explain what sort of data companies are actually collecting when they check for age and whether there are any real threats to my safety?
EFF’s Answer: Age ve...
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
VA: Jay Jones Launches Emergency Attack on Virginia Gun Owners’ Court Victory -
Attorney General Jay Jones did not waste any time attacking Virginia gun owners. Just days after GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, Jones and the Commonwealth are running to the Supreme Court of Virginia to try to bring the gun bans back. GOA’s attorneys will be working throughout the Independence Day weekend … Read more...
ATF’s Fake Rollback Keeps Biden’s Gun Control Alive, Fight Back! -
Thanks to GOA’s lawsuit, a federal judge in Texas vacated Biden’s “Engaged in the Business” rule in its entirety. That rule tried to twist the Bipartisan Safer Communities Act to impose backdoor universal background checks by redefining who counts as a “dealer.” Now, ATF has proposed a replacement rule that claims to “rescind” the Biden rule, but in reality keeps … Read more
VA: Tell Your Commonwealth’s Attorney: Do Not Enforce Virginia’s Gun Bans – TAKE ACTION -
Last week, we told you that GOA, GOF, VCDL, VCDF, and gun rights journalist John Crump secured a preliminary injunction in Crump v. Katz, our lawsuit against Virginia’s so-called Assault Weapons Ban. This injunction prevents the Virginia State Police from enforcing the challenged gun and magazine bans while our case continues through the court system. Virginia gun owners cannot let up … Read mo...
Banking Dive
OCC ends enforcement against Patriot Bank -
Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he expects the bank’s new regulatory status to cut down on regulatory and FDIC fees.
Dive Deposits: The CFPB just redefined 2 weeks’ notice -
The bureau gave employees until July 14 to accept a geographic reassignment. Declining the move or failing to respond in time “will result in your separation from the CFPB,” according to a Tuesday note to staff.
SoFi enters small-business loan market -
“For many of our members, their financial lives do not stop at personal goals, they also include the businesses they are building,” said SoFi CEO Anthony Noto.
EagleBank to pay $9.7M to resolve BSA violations -
The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.
Ramp elevates CTO to co-CEO -
“If you know us, this won’t feel like a change,” wrote Eric Glyman of fellow co-founder Karim Atiyeh’s move to the top of the fintech.
American Banker
Bank of International Settlements
What makes money, money? Ensuring trust in the next generation financial ecosystem -
Remarks by Ms Andréa M Maechler, Deputy General Manager, Bank for International Settlements (BIS), at the Point Zero Forum, Zurich, 24 June 2026.
Timur M Suleimenov: Statement - base rate of the National Bank of Kazakhstan -
Statement by Mr Timur M Suleimenov, Governor of the National Bank of Kazakhstan, on the base rate of the National Bank of Kazakhstan, Astana, 5 June 2026.
Zhu Hexin: New landscape of global capital flows and China's high-level opening-up -
Keynote speech by Mr Zhu Hexin, Deputy Governor of the People's Bank of China and SAFE Administrator, at the 2026 Lujiazui Forum, Shanghai, 17 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases