Kitco News
Bulls in control on Wall Street and Main Street after gold’s solid showing, with inflation, retail sales, and Warsh vote on deck -
The latest Kitco News Weekly Gold Survey showed two-thirds of Wall Street and Main Street back on the bandwagon for next week after gold’s solid showing.
Central banks are still hungry for gold -
(Kitco News) - Gold’s rally may be stuck in neutral for now, but central banks continue to send a clear signal to the market: they remain committed buyers on price weakness, even amid volatile economic conditions.
Gold, silver climb as U.S. data keep Fed path mixed - Kitco PM Report -
(Kitco News) - Spot gold and silver finished firmer after the U.S. data mix showed stronger job creation, steady unemployment and weakening household sentiment. At the time of writing, spot gold was trading near $4,716.20 an ounce, up 0.65% on the session, while spot silver was at $80.300, up 2.57%.
Gold rebounds above $4,700 as investors look past Middle East tensions -
(Kitco News) - After two weeks of losses, the gold market has managed to gain some bullish traction, pushing back above $4,700 an ounce.
Gold stock weakness may create M&A openings as producer cash flow rises - John Feneck -
(Kitco News) - Weakness in gold and mining equities since early March is exposing a gap between rising producer cash flow and lagging share prices, a divergence that could support consolidation as miners look to replace reserves and add growth, according to John Feneck, founder and CEO of The Feneck Commodities Report.
Kosovo’s central bank is buying gold for the first time in its history -
(Kitco News) - Central bank demand has played a key role in supporting gold prices at elevated levels. While the market has been dominated by a few key players, demand continues to broaden as the Central Bank of the Republic of Kosovo jumps into the market.
China and other central banks continue to buy the dip in gold -
(Kitco News) - Gold prices continue to trade in elevated territory, holding new support above $4,700 an ounce, and some analysts have noted that downside risks for the precious metal remain limited as central bank demand continues to provide solid support.
Spot gold hits session high after preliminary Consumer Sentiment drops to 48.2, one-year inflation expectations dip to 4.5% -
(Kitco News) - The gold market is trading near its highs after the latest data showed consumer sentiment in the U.S. declining, while inflation expectations pulled back from last month’s one-year highs.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for May was 48.2. The data was worse than expectations, as the consensus forecast...
Gold, silver extend gains as payrolls beat forecasts - Kitco AM Report -
(Kitco News) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Friday, with metals holding gains after the April jobs report came in above expectations.
Gold prices catch a solid bid after U.S. economy created 115k jobs in April -
(Kitco News) - The gold market is attracting new bullish momentum as prices hold support near $4,700 an ounce, but analysts warn that the precious metal could see renewed selling pressure as the U.S. labor market remains relatively healthy, with the economy creating more jobs than expected in April.
Zero Hedge
"Exponentially Deteriorating": Baltimore's Lawlessness Spreads Into Suburbs As Democrats Lose Control -
"Exponentially Deteriorating": Baltimore's Lawlessness Spreads Into Suburbs As Democrats Lose Control
Maryland is one of many blue states that have transformed into a failed progressive experiment, where net migration flows are negative as productive, working-class taxpayers flee the state, not just because of high taxes and the power bill crisis, but also because they've had eno...
From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like -
From Civilian To Military Economy: This Is What A Declining Empire's Economy Looks Like
Authored by Bryan Lutz via DollarCollapse.com,
“A government always finds itself obliged to resort to inflationary measures when it cannot negotiate loans and dare not levy taxes, because it has reason to fear that it will forfeit approval of the policy it is following if it reveals too soon t...
When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust -
When The Persian Gulf Supply Shock Meets The Warsh Fed: Stagflation & The Coming AI Bubble Bust
Authored by David Stockman via InternationalMan.com,
Here is a salient place to start regarding the economic impact of the Donald’s misbegotten war on Iran: To wit, approximately 7 billion ton-miles of freight moves by truck each and every day in the USA, which heavy truck fleet consume...
Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further -
Caught On Tape: California Billionaire Tax Architect Admits Wealth Confiscation Could Go Even Further
One of the co-authors of California’s controversial 'one-time' tax on billionaires appeared to suggest that the levy could extend beyond a single imposition.
Marxist economics professor Emmanuel Saez, who hails from France, made the comment during a Tuesday debate against economis...
Commodity Supercycle: The Enemy Of The Bull Thesis -
Commodity Supercycle: The Enemy Of The Bull Thesis
Authored by Lance Roberts via RealInvestmentAdvice.com,
The commodity supercycle thesis is everywhere right now. Bank of America’s Michael Hartnett, one of the most widely read strategists on Wall Street, recently declared “commodities the biggest trade of the next five years,” anchoring the call on deglobalization, chronic capita...
"Dateflation": 40% Of Singles Are Going On Fewer Dates Due To High Costs -
"Dateflation": 40% Of Singles Are Going On Fewer Dates Due To High Costs
Inflation is reshaping modern dating by making romantic outings more expensive and forcing many singles to be more intentional about how they spend, according to a new study from DealSeek.
Rising costs are affecting how often people go out, with 71% of singles saying dating is more expensive than it was a ye...
Hantavirus: Stop The Spread Is Back -
Hantavirus: Stop The Spread Is Back
Via the Brownstone Institute,
Hollywood loves a good sequel and so does politics and pharmaceutical development.
Since Covid, there have been several attempted disease scares – Mpox, Swine flu, Bird flu, Chikungunya, Measles – but nothing has really caught the attention of audiences like the new Hantavirus frenzy.
Today’s evidence comes from...
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming -
Wall Street Keeps Testing AI Traders, But Most Are Still Underperforming
Recent trading competitions suggest large language models are still unreliable portfolio managers, according to Bloomberg.
Tests involving models from OpenAI, Anthropic, Google, and xAI have often delivered underwhelming results: many lost money, traded excessively, and made erratic decisions despite receivin...
Trump Says He's Not Replacing FDA Chief Makary -
Trump Says He's Not Replacing FDA Chief Makary
Authored by Aldgra Fredly via The Epoch Times,
President Donald Trump said on May 8 that he has no plans to replace Marty Makary as commissioner of the U.S. Food and Drug Administration (FDA).
When asked by reporters outside the White House about Makary, Trump responded: “Nothing much, he’s doing fine,” without elaborating further....
Legendary Candy Company Killed After 141 Years By Soaring Costs -
Legendary Candy Company Killed After 141 Years By Soaring Costs
Soaring expenses for raw materials and labor have delivered a blow to yet another longtime business, claiming Lammes Candies, a family-owned confectioner that has operated in the South for more than a century, FOX 7 Austin reports.
The Austin, Texas,-based company recently announced that it will begin an "orderly wi...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Japan to keep intervening to defend 160-per-dollar level, ex-BOJ official says -
By Leika KiharaReutersThursday, May 7, 2026
TOKYO -- Japan likely intervened during the Golden Week holidays and will step back into the market if the yen renews its slide below the psychologically key 160-per-dollar level, Atsushi Takeuchi, a former central bank official who took part in Tokyo's market forays a decade ago, told Reuters.
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Alasdair Macleod: Is the silver bull back? -
By Alasdair MacleodGoldMoney, TorontoFriday, May 8, 2026
Notably in silver, bear squeeze conditions were evident this week. The likelihood of the bull market returning is now strengthened, particularly given gold's improving prospects.
The classic conditions for a bear squeeze are a combination of bearish trader consensus and an unexpected rise in the price, leading to shorts being squeezed int...
Real metal keeps moving to Shanghai, silver severely underpriced, Maguire tells LFTV -
9p ET Thursday, May 7, 2026
Dear Friend of GATA and Gold (and Silver):
Answering viewer questions on this week's edition of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says physical gold and silver trading continues to move away from New York and London to Shanghai, Shanghai prices show silver is severely underpriced in the West, and a spike in silver pric...
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.
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Wolf Street
Legal Tender News
CoinDesk
Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns -
The loss was primarily driven by $244 million in unrealized losses on cryptocurrency holdings and an additional $108.2 million investment loss.
Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says -
Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden's Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp."
It might be too late for bitcoin’s quantum migration, Project Eleven report argues -
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes -
The bill's progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
Emerging-market users are treating crypto exchanges like banking apps, Binance says -
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.
Swiss central bank bitcoin reserve push fails over signature shortfall -
The initiative sought to amend Switzerland's constitution, requiring the Swiss National Bank (SNB) to hold BTC alongside gold and foreign-currency reserves.
CME is set to let traders bet on bitcoin volatility, not just price -
CME Group plans to launch bitcoin volatility futures on June 1 pending regulatory approval bringing a easy way to bet on the degree of price swings.
How DeFi is changing the financial landscape for Latin Americans -
DeFi is quietly shifting from niche crypto experiment to a legitimate financial tool across the region, explains Serrano.
Crypto wallets are being rebuilt for AI agents, Trust Wallet and Mesh executives say at Consensus Miami -
Trust Wallet CEO Felix Fan and Mesh CTO Arjun Mukherjee said AI agents are creating a new role for crypto wallets.
BlackRock deepens tokenization push with new onchain fund offerings -
The world's largest asset manager filed paperwork to expand its tokenized fund lineup as real-world assets grow 200% year over year.
bitcoin.com
Bitcoin Premium in South Korea Hits 2% for First Time Since Pre-War Market Shock -
With bitcoin trading above the $80,000 threshold, bitcoin prices in South Korea have carried premiums approaching 2%, marking their highest level since late February. The move follows a choppy stretch since that period, during which both notable discounts and elevated premiums emerged across the past nine weeks. South Korea’s Kimchi Premium Returns as Bitcoin Climbs […]
Evernorth Says XRP’s Real Story Is Institutional Plumbing -
Evernorth says XRP’s institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL upgrades involving compliance controls, restricted environments, escrow tools, and approved trading venues. XRP’s Institutional Case Depends on Infrastructure, Evernorth Says Evernorth, an XRP treasury company building its strategy around long-ter...
US Credit Card Debt Hits Record $1.33 Trillion as Savings Rate Crumbles -
American consumers now owe a record $1.33 trillion in credit card debt, a new all-time high that arrives as the personal savings rate collapses and interest rates on revolving balances hover above 21%. Hard Money Advocates Take Note Total U.S. credit card debt has climbed to a new all-time high of $1.33 trillion on May […]
CME Group Targets June 1 Launch for Bitcoin Volatility Futures Pending CFTC Review -
CME Group announced this week it plans to launch Bitcoin Volatility futures (BVI) on June 1, 2026, giving institutional traders their first CFTC-regulated contract to trade bitcoin’s expected price swings independently of price direction. CME’s BVI Futures Let Traders Go Long or Short Bitcoin Volatility Starting June 2026 The contracts will carry the ticker BVI […]
Bitcoin Mining Pool Giants Foundry, Antpool and F2pool Signal Stratum V2 Shift -
Seven of the largest names in bitcoin mining formally joined the Stratum V2 Working Group this week, signaling the clearest industry shift yet toward miner-controlled transaction selection. 7 Bitcoin Mining Pools Back Stratum V2 as Miners Push for Block Template Control Antpool, F2pool, Foundry, Spiderpool, Block Inc., MARA Foundation, and DMND are now part of […]
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
Congress Narrowed the GUARD Act, But Serious Problems Remain -
Following criticism, lawmakers have narrowed the GUARD Act, a bill aimed at restricting minors’ access to certain AI systems. The earlier version could have applied broadly to nearly every AI-powered chatbot or search tool. The amended bill focuses more narrowly on so-called “AI companions”—conversational systems designed to simulate emotional or interpersonal interactions with users.
That cha...
Free Signal Guide -
EFF friend Guy Kawasaki* has written a book:
Everybody Has Something to Hide: Why and How to Use Signal to Preserve Your Privacy, Security, and Well-Being. This guide is now available in Spanish and English as an ebook in the EPUB format that you can download here. Take a look and consider sharing it with anyone who you know who uses (or should use) Signal.
And don't forget: EFF has two short ...
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...
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
Fed flags overheated markets as top stability risk -
The Federal Reserve's April financial stability report found that asset valuations remain elevated, even as investors are beginning to demand more compensation for risk amid rising uncertainty around monetary policy.
Appeals judge sends Illinois interchange case back to district court -
Banking groups that sued the state of Illinois over its law barring banks from charging interchange fees on taxes and tips cheered an appeals court ruling remanding the law to a lower court and vowed to keep the law going into effect, which is slated for July 1.
Goldman taps Feldgoise, Schiffrin; Fidelity to cut 800 staffers -
Stephan Feldgoise and Joshua Schiffrin will join Goldman Sachs' management committee; Fidelity Investments is dismissing about 800 personnel as it restructures its technology and product-delivery teams; Citi has hired JPMorgan's André Ross as its country officer and banking head for South Africa; and more in this week's banking news roundup.
Affirm's Levchin rejects AI layoffs -
Affirm CEO Max Levchin said that the company did not have any plans for AI-spurred layoffs despite the fact that it was using the technology more for software engineering.
What payment leaders had to say at American Banker's Payments Forum -
Leaders from Wells Fargo, JPMorganChase and more talked about how banks can respond to the fast-moving changes in money movement, new forms of artificial intelligence, fraud, digital assets and more.
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