Kitco News
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report -
(Kitco News) - Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed geopolitical uncertainty supported perceived safe-haven demand for precious metals.
Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility -
(Kitco News) - The gold market is seeing some renewed momentum, with prices testing new resistance at $4,700 an ounce. While it still has some way to go to regain key price levels, one investment bank expects prices to eventually move higher.
Gold, silver rally on weaker dollar after crude collapses on Iran ceasefire hopes - Kitco AM Report -
(Kitco News) - Spot gold prices are sharply higher and spot silver prices are also stronger in early U.S. trading Wednesday, as a weaker U.S. dollar, lower Treasury yields and a sharp pullback in crude oil prices revived buying across the precious metals complex.
Gold prices holding solid gains as ADP says 109k jobs created in April -
(Kitco News) - Gold prices are off their overnight highs but are still holding on to robust gains as the U.S. labor market continues to lose momentum, with slightly fewer private-sector jobs created last month.
Gold drives above $4,700 as Iran peace progress weakens U.S. dollar, analysts warn risks remain -
(Kitco News) - Progress on a potential peace agreement between the U.S. and Iran has shifted geopolitically sentiment and breathing new life into gold and silver; however with prices still below key resistance points some analysts warn that the precious metals aren’t out of the woods just yet.
Gold stabilizes as oil eases, equities close at records after mixed U.S. data - Kitco PM Report -
(Kitco News) - Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday’s sharp selloff as oil prices eased and U.S. equities closed at fresh records.
Global gold demand drives Canada’s trade into surplus, helps mitigate economic uncertainty -
(Kitco News) - Despite ongoing trade tensions with the U.S. and growing global economic uncertainty due to the war in Iran, Canada’s resources are helping the country weather the worst of the storm.
Central banks were net sellers of gold in March with 30 tonnes in outflows – WGC -
(Kitco News) – The sovereign sector – a pillar of steady demand for the bulk of the multi-year gold rally – switched to the supply side during the final month of the first quarter, according to the latest data from the World Gold Council (WGC).
Gold price is attractive now, so don't wait to build a 3% to 8% position - NDR’s LaForge -
(Kitco News) - Although interest in gold has waned in recent months as prices have struggled to attract new bullish momentum, one market strategist said it continues to play an important role as a monetary asset and portfolio diversifier.
Gold prices see some renewed buying as U.S job openings falls to 6.87 million -
(Kitco News) - The gold market is seeing some modest buying interest as the U.S. labor market continues to tighten, with the number of open jobs falling relatively in line with expectations.
Zero Hedge
Age Verification PsyOp? Kids Bypass UK Government Tech With Fake Moustaches -
Age Verification PsyOp? Kids Bypass UK Government Tech With Fake Moustaches
Authored by Steve Watson via Modernity.news,
The UK government’s much-hyped age verification system for social media has been reduced to a joke overnight – and the punchline is being delivered by schoolkids armed with makeup pencils and fake facial hair.
A damning new report from Internet Matters reveal...
Visualizing The Stunning Global Fertility Divide -
Visualizing The Stunning Global Fertility Divide
A widening gap is emerging in global birth rates.
This chart, via Visual Capitalist's Niccolo Conte, shows population-weighted total fertility rates (TFR) across major world regions, based on data from the UN World Population Prospects 2024 Revision, and how they compare to the 2.1 replacement level.
While Africa remains far abov...
Is It Time For Von Der Leyen To Go? -
Is It Time For Von Der Leyen To Go?
Via Remix News,
Amidst continued fears regarding Putin attacking beyond Ukraine and economic uncertainty caused by the continued closure of the Strait of Hormuz, Brussels is reportedly beginning to grumble, i.e., look for someone to blame and remove.
Now, according to a report by Finnish public service media Yle, cited by Világgazdaság, voice...
Russia Calls On Foreign Embassies To Evacuate Diplomats From Ukrainian Capital -
Russia Calls On Foreign Embassies To Evacuate Diplomats From Ukrainian Capital
Russia is warning that the Ukrainian capital could face unprecedented aerial bombing, and is taking the somewhat unprecedented step of issuing evacuation orders for bystanders in Kiev.
Russia's Foreign Ministry said Wednesday it warned foreign diplomatic missions to evacuate staff from the Ukrainian cap...
Denver Leaders Reject Justice Department's Demand That City Repeal 'Assault Weapons' Ban -
Denver Leaders Reject Justice Department's Demand That City Repeal 'Assault Weapons' Ban
Authored by Michael Clements via The Epoch Times,
Denver is refusing to repeal its 37-year-old ban on certain types of firearms known as “assault weapons.”
Harmeet Dhillon, assistant attorney general for the Justice Department’s Civil Rights Division, sent a demand letter on April 28 to Den...
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year -
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year
Add another vocal warning to the chorus singing about the dangers of private credit.
DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the sa...
Toward Dual-Use Deterrence On The Moon -
Toward Dual-Use Deterrence On The Moon
Authored by Rick Fisher via The Epoch Times,
As the United States pursues its goal of sending astronauts to the moon starting in 2028 to start building lunar bases—and China pursues its goal of sending its people to the moon by 2029 or 2030, also to start building lunar bases—it is necessary to consider a lunar political-military stability ba...
"Existential Fight For Survival": MSFT May Nuke Green Data Center Climate Pledge -
"Existential Fight For Survival": MSFT May Nuke Green Data Center Climate Pledge
One week ago, Microsoft expected roughly $190 billion in AI data center spending for this fiscal year, highlighting the massive scale of the hyperscaler capex cycle as Big Tech races to build out compute infrastructure. Across the tech space, hyperscalers are expected to spend nearly $700 billion in ca...
Canadian Prime Minister Is Playing A Very Dangerous Game -
Canadian Prime Minister Is Playing A Very Dangerous Game
Authored by 'Sundance' via The Last Refuge blog,
Anyone who has ever dealt with a toxic narcissist understands the psychology behind their manipulative language, words and intents.
What Canadian Prime Minister Mark Carney is doing here is very dangerous, particularly for the Canadian people.
After a year of increased pr...
Israel Attacks Beirut For First Time In Nearly A Month: Assassination Raid -
Israel Attacks Beirut For First Time In Nearly A Month: Assassination Raid
The Lebanon ceasefire seems definitively off, as the capital of Beirut has come under heavy attack on Wednesday, with Israeli officials describing the military action as a targeted assassination of a top Hezbollah commander.
"Israeli forces have targeted Beirut’s southern suburbs for the second time today, ...
MarketWatch - Top Stories
Hantavirus outbreaks rarely happen. This Andes strain is ‘a complicated public-health situation.’ -
At least two people departed the MV Hondius cruise ship in late April and one has tested positive for the Andes strain, a type of hantavirus.
Arm puts a big number on its newest venture, but its stock falls -
The chip designer said it has more than $2 billion in customer demand for its first-ever data-center CPU
My husband has a $225,000 pension. We don’t trust his ‘too big to fail’ employer. Where do we invest it? -
“Ideally, we are looking for a guaranteed return with minimal risk.”
Fortinet’s stock rockets higher as earnings help dispel fears of AI disruption -
An “increasingly complex threat environment” is boosting demand for Fortinet’s cybersecurity offerings
I am 56, single, and renewing my $400,000 10-year term life policy. Am I making a huge mistake? -
“The agent said he could not add my brother because he does not depend on my income, so has no insurable interest.”
Restaurants really don’t want to sell fake meat — and Beyond Meat is suffering -
Beyond Meat’s stock fell further Wednesday after it offered a weak forecast, and as it prepares to move further into a crowded protein-drink market.
Traders point to suspicious activity in the oil market on Wednesday -
Oil contracts worth $1.7 billion changed hands in the hour before an Axios report sent oil prices lower Wednesday. Some experts are calling the spike in activity suspicious.
Everyone’s paying more for gas, but only some are cutting back. Here’s why. -
When gas prices surged in March, lower-income drivers tried to cut back, but they still felt the sticker shock. On the other hand, rich drivers barely flinched.
Zuckerberg’s ‘Multi Mark’ AI clone is a huge red flag for Meta shareholders -
Replacing authentic leadership with a digital doppelgänger isn’t innovation — it’s a high-tech retreat from accountability.
This gold-timing indicator just hit a bottom — and history says a strong rally is next -
Gold and gold miners perform best right after investors give up. This “extreme pessimism” is the contrarian tailwind the market has been waiting for.
CNBC Top News
CNBC Economy
GATA
Hungary returns to Ukraine a seized cash and gold shipment worth $82 million -
By Justin SpikeAssociated PressWednesday, May 6, 2026
BUDAPEST, Hungary -- A shipment of Ukrainian cash and gold worth around $82 million that Hungary seized earlier this year has been returned to Ukraine's state Oschadbank, President Volodymyr Zelenskyy said today.
The seizure of the valuables, which were being transported through Hungary by two armored cars when Hungarian counter-terrorism au...
Standstill in India's gold imports drags on, threatening supply -
By Preeti Soni, Yihui Xie, and Vignesh RadhakrishnanBloomberg Newsvia The Times of India, MumbaiWednesday, May 6, 2026
Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world's second-biggest bullion market.
... Dispatch continues below ...
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Fisher Precious Metal...
David Fickling: China's defiance of sanctions heralds a post-dollar world -
By David FicklingBloomberg NewsTuesday, May 5, 2026
The fight over U.S. sanctions on China's oil refining companies is being framed as a battle over high principles. In fact, it's about raw power.
Beijing on Saturday ordered five domestic refiners to ignore U.S. restrictions announced last month over their alleged connection to trade in Iranian oil. Those clashing legal mandates potentially cre...
Alasdair Macleod: Why does gold fall as the world cracks up? -
8:23a ET Wednesday, May 6, 2026
Dear Friend of GATA and Gold:
In his financial newsletter yesterday, economist and monetary metals advocate Alasdair Macleod addressed a mystery recently haunting gold investors.
He begins: "Why goes the gold price fall when war risk increases, and rise when tension relieves? And if oil goes up, why is that bad for gold? This is the opposite of what should happe...
Mozambique weighs swapping dollar debt for yuan debt -
By Tavares CebolaBloomberg NewsTuesday, May 5, 2026
Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers.
"This is usually a possibility that the cooperation partner raises," the finance ministry said in response to questions at ...
Wolf Street
CoinDesk
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4 -
With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.
CoinDesk 20 Performance Update: Solana (SOL) Gains 4.5% as Index Trades Higher -
Bitcoin Cash (BCH) was also a top performer, rising 2% from Wednesday.
Digital Asset Treasuries: Bitcoin’s Institutional Test Case -
Digital Asset Treasuries (DATs) are the first laboratories testing how a decentralised asset can operate as productive capital within the architecture of corporate finance, argues Sygnum Bank CIO Fabian Dori.
Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU -
The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion in Europe.
Gold Token Market Swells to $3.9B as CZ Calls It a 'Trust Me Bro' Asset -
The tokens raise similar concerns to stablecoins, with potential risks around delivery, long-term reliability and the ability to redeem for physical gold.
Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World -
Alongside, there's the Ledger Wallet, a reimagined version of the company's Ledger Live app, and Ledger Enterprise Multisig, a new platform for institutional asset management.
Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps -
The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.
Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan -
After weeks of turbulence, the crypto market found support Thursday, with Bitcoin and Ether posting modest gains and HyperLiquid’s token HYPE soaring.
Risk Proxies Challenge Bitcoin's Bounce; HYPE, XMR Shine: Crypto Daybook Americas -
Your day-ahead look for Oct. 23, 2025
Revolut Secures MiCA License in Cyprus, Expanding Regulated Crypto Services Across EU -
Fintech giant gains CySEC approval to offer compliant crypto trading across 30 EEA markets under MiCA
bitcoin.com
Polymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026 -
The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal event. Alien Disclosure Odds Rise Among Reports Of Intelligence Meetings […]
Ondo Finance Clears First XRP Ledger Treasury Redemption Into Singapore Bank -
Ondo Finance has successfully piloted the first near-real-time, cross-border redemption of a tokenized U.S. Treasury fund, leveraging the XRP Ledger and Mastercard’s Multi-Token Network to bridge public blockchain and traditional banking. Integration of Public and Private Infrastructure Ondo Finance, a leader in the tokenized asset space, announced May 6 the successful completion of the first [...
Kenyan Court Detains Man 7 Days Over $440,000 Crypto App Fraud Probe -
A Kenyan court has ordered the weeklong detention of a man accused of operating a fraudulent cryptocurrency investment platform. Suspicious App Triggered Investigation A Kenyan court ordered the weeklong detention of the alleged operator of a fraudulent cryptocurrency-themed investment platform, as detectives investigate a multilayered scheme that collected about $440,000 from unsuspecting inve...
Kraken Launches US Spot Margin Trading With up to 10x Leverage -
Kraken has launched regulated crypto spot margin trading for eligible U.S. users on Kraken Pro, offering up to 10x leverage without accredited investor status. The service runs through Kraken Derivatives US and includes collateral controls, liquidation levels, and risk disclosures. Kraken Expands Regulated Trading Access Crypto exchange Kraken has expanded its U.S. trading offering by […]
Prediction Market Fight Deepens as 40 States Push Back on CFTC -
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The attorneys general said these products closely resemble traditional sportsbook wagers on winners, spreads, totals, and player statistics. States Say Sports Markets ...
Reason
Cato Institute
Tenth Amendment Center
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...
The Most Dangerous “Weapon” We Face -
Ignoring the limits of the Constitution because you don’t like the results you’ll get? George Washington called that a WEAPON to destroy freedom.
The post The Most Dangerous “Weapon” We Face appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Milestone 1.0.0 Release of APK Downloader `apkeep` Powers Research on Android Apps -
Last week, we released apkeep version 1.0.0, the latest edition of our command-line Android package downloading software. Rather than indicating major changes for the project, this milestone instead signifies arriving at a relatively stable and mature place after gradual iteration on the project over the course of over four years.
What’s New in 1.0.0
We do have a few fresh features we’ve packed...
👎 California's Terrible, No Good, Very Bad Social Media Ban | EFFector 38.9 -
We'd all like the internet to be a better place—for kids and adults alike. But in the name of online safety, governments around the world are racing to impose a dangerous new system of control. Are age gates the silver bullet to the internet's problems they're being promoted as? Or are we being sold a bill of goods? We're answering this question and more in our latest EFFector newsletter.
JOIN ...
The SECURE Data Act is Not a Serious Piece of Privacy Legislation -
The federal SECURE Data Act is not a serious consumer privacy bill, and its provisions—if enacted—would be a retreat from already insufficient state protections.
Republicans on the House Energy and Commerce Committee released a draft of the bill late last month without bipartisan support. The bill is weaker than congressional proposals in prior years, as well as most of the 21 state consumer pr...
The Institute For Justice - Press Releases
Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance -
Arlington, Va.—Today, Colorado State Sens. Judy Amabile and Lynda Zamora Wilson announced that their bill, SB26-070, will not be moving forward this year. The bill, […]
The post Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance appeared first on Institute for Justice.
Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury -
WASHINGTON—The U.S. Supreme Court will consider a lawsuit challenging the constitutionality of courts where agency employees serve as prosecutor, judge, and jury. The government petitioned […]
The post Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury appeared first on Institute for Justice.
Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech -
MADISON, Wis.—Jim Masterson has been working with animals for almost 30 years. It’s more than just a job for him; it’s a passion he’s had […]
The post Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech appeared first on Institute for Justice.
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
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
PA: SB 822, Strengthen Preemption, Heads to Senate Floor -
Accountability is coming for Rogue Cities (SB 822 Update) Your relentless pressure worked! The Senate Local Government Committee reported SB 822 on a 7-3 vote today. This brings us one massive step closer to strengthening Pennsylvania’s firearms preemption law and holding lawless local governments accountable. For years, “gun grabbers” in cities like Philadelphia and Pittsburgh have treated our...
Banking Dive
American Banker
Domino effect: How Iran war impacts farms, transport and banks -
As gas prices surge, small businesses — particularly in agriculture and transportation — have struggled to keep up. For banks, this has brought a combination of short-term benefits and long-term concerns.
Chime hits GAAP profitability in Q1 -
The neobank reported a 25% year-over-year increase in revenue for the quarter ended March 31, with active users jumping 19% to 10.2 million. The company also raised its full-year 2026 guidance and authorized a $200 million share repurchase program.
Erebor Bank hits $1.1 billion in deposits in 7 weeks -
The newly opened bank founded by big tech executives reached the deposit milestone within its first quarter of operations, according to a recent call report.
Why US Bank built its own BNPL program -
Banks are mixed in their adoption of buy now/pay later and installment lending, according to American Banker research. Those that offer or are planning to offer it say that the primary motivating factor is to stay competitive.
Where AI in banking is running into roadblocks -
Citi payments exec Driss Temsamani said there's more work needed to bridge gaps to enable artificial intelligence to work broadly for payments and finance.
Bank of International Settlements
CPMI-IOSCO consultation on updated guidance and public disclosures to implement initial margin proposals -
Consultative report by the BIS Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO).
Poonam Gupta: Inflation targeting in India - the past, the present and the future -
Speech by Dr Poonam Gupta, Deputy Governor of the Reserve Bank of India, at Joint Seminar and Discussion "India's inflation targeting framework' and 'regional economic outlook for Asia and Pacific", National Council of Applied Economic Research (NCAER), New Delhi, 5 May 2026.
Michelle W Bowman: A coordinated approach to consumer fraud protection -
Speech by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at the 2026 Women in Housing and Finance Symposium, Washington DC, 5 May 2026.
Federal Reserve - Press Releases
FDIC - Press Releases