Kitco News
Warsh’s focus on price stability sends gold prices lower -
(Kitco News) - The gold market is trying to find its footing after the Federal Reserve left interest rates unchanged but signaled a hawkish tilt, showing support for at least one potential rate hike by the end of the year.
Gold's bull market has room to run as inflation risks, fiscal deficits support prices - Wells Fargo -
(Kitco News) - The gold market continues to regain lost ground, and although the precious metal isn’t out of danger just yet, current prices still represent an attractive entry point for investors looking to build a position, according to Wells Fargo.
In Warsh's first Fed meeting, a unanimous hold hides a split committee and a debated rate cut, DiMartino Booth says -
(Kitco News) - The Federal Reserve held interest rates steady Wednesday in Kevin Warsh's first meeting as chair, but its newly released projections exposed a committee sharply divided over whether to raise rates this year - and revealed that policymakers debated a rate cut before settling on a hold.
Gold and silver slide after hawkish Fed hold - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Wednesday, as the Federal Reserve held rates steady but signaled that higher inflation could force another rate hike this year.
Gold drops below $4,300/oz as Fed votes 12-0 in favor of rate hold, but nearly half of policymakers see a rate hike in 2026 -
(Kitco News) – The Federal Reserve announced on Wednesday that the first Federal Open Market Committee (FOMC) vote under new chair Kevin Warsh was unanimous in favor of a rate hold, as expected by the market consensus, while the latest economic projections showed nearly half of policymakers believe a rate hike will be warranted in 2026.
Persistent inflation, oil-driven price shocks and higher-for-longer rates will cap gold’s medium-term upside – SocGen -
(Kitco News) – Even when real yields decline and the dollar weakens, gold prices could struggle to catch a bid as strong equity markets will continue to draw investors to risk assets, according to commodity analysts at Société Générale.The French banking giant cautioned that gold investors may be in for an extended period of muted ETF flows combined with a pause in central bank purchases.
Spot gold nears session high as U.S. pending home sales surprise with 3.8% rise in May -
(Kitco News) - Hopes for a stabilizing U.S. housing market were bolstered after the number of potential home buyers rose beyond expectations last month, according to the latest data from the National Association of Realtors (NAR).The U.S. pending home sales index rose 3.8% in May, the NAR announced on Wednesday. The data was better than forecasts, as economists expected only a 0.8% rise. April’...
Gold holds above $4,330, silver nears $70 as traders await Warsh’s first Fed signal - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are weaker in early U.S. trading Wednesday, as oil held below $80 a barrel, U.S. equity futures edged higher and traders positioned for this afternoon’s Federal Reserve decision.
Gold and silver firm, oil and yields fall ahead of the Fed - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are near steady after the close Tuesday, as falling crude oil, lower Treasury yields and a softer U.S. dollar supported gold ahead of Wednesday’s Federal Reserve decision.
Gold is still stuck in a holding pattern, but the bullish long-term case remains intact, says Tanglewood's Bruce -
(Kitco News) - The gold market continues to hold on to solid gains after testing critical support near $4,000 an ounce, but one market strategist believes the precious metal remains trapped in a broad consolidation phase as investors wait for greater clarity on interest rates and inflation.
Zero Hedge
These Are The States Starting To Panic About AI Taking Over -
These Are The States Starting To Panic About AI Taking Over
Residents of Washington state are more concerned about artificial intelligence replacing jobs than workers anywhere else in the United States, according to a new report released in June 2026. The study, conducted by IP address provider Floxy, comes amid growing concerns about workplace automation after more than 54,000 Ame...
Fire Erupts At Massive Food Storage Warehouse In Southern California -
Fire Erupts At Massive Food Storage Warehouse In Southern California
A large fire is ripping through a massive cold-storage facility in Boyle Heights, Southern California, a critical node in the region's cold-food supply chain.
Local outlet KTLA reports the fire at Preferred Freezer Services, Big Bear #7, located at 1400 S. Los Palos St. in Los Angeles, was first reported around 2...
US Embassy Warns Americans Against Renting Jet Skis In The Bahamas -
US Embassy Warns Americans Against Renting Jet Skis In The Bahamas
Authored by Aldgra Fredly via The Epoch Times,
The U.S. Embassy in Nassau issued a security alert on June 15, urging American citizens to avoid renting jet skis in The Bahamas, citing security risks and a lack of safety regulation enforcement.
The warning comes amid reports of sexual assault cases involving jet ...
"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos -
"Zero Hormuz Dependency": UAE Races To Rewire Energy Flows, Bypassing Chokepoint Chaos
The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, ...
James Harden Arrested On Hypocritical Firearms Charge In Texas -
James Harden Arrested On Hypocritical Firearms Charge In Texas
Via Gun Owners of America,
NBA player James Harden was arrested over the weekend in Texas for “unlawful carry of a firearm in a motor vehicle.”
But wait, how can carry in a vehicle be unlawful in a state like Texas, where constitutional carry is the law of the land?
On Saturday, June 13 at around 3am, Harden was dr...
Trump And Iran Sign MOU Deal Ahead Of Schedule -
Trump And Iran Sign MOU Deal Ahead Of Schedule
Summary:
The US and Iran have remotely signed their memorandum of understanding to end the war and open the Strait of Hormuz ahead of schedule, and the agreement is now in effect, Axios reports.
Trump admits energy stockpiles "run out in about four weeks"
MoU signing could be As Early As Today
Trump Says Will "Drop Bombs" If Bad ...
Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals -
Rare Earth Stocks Pop After G7 Unveils Plan To Reduce Dependence On China For Critical Minerals
Rare earth stocks spiked on Wednesday after G7 leaders agreed to strengthen coordination on critical minerals as they seek to reduce dependence on China-dominated supply chains, according to a new report from Reuters.
Without naming China directly, the group set a goal of limiting relia...
Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle -
Congress Moves To Boost Drone Funding As "War Unicorns" See Possible Procurement Supercycle
Needham analysts see increasing congressional support for drones and counter-drone technologies as lawmakers advance the latest FY27 National Defense Authorization Act and related appropriations bills. This is bullish for defense-tech "war unicorns" specializing in drones, robotics, autonomy...
Silt, Anchovies, And Economic Disaster -
Silt, Anchovies, And Economic Disaster
Authored by Matt Badiali via DailyReckoning.com,
Silt and anchovy scales.
Sometimes the greatest scientific discoveries start with the simplest things.
Today, meteorologists are worried about a severe global event. It’s part of an atmospheric pattern that wasn’t recognized until the late 1960’s. But it has had major economic impact over t...
"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order -
"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order
Veteran energy economist Dr. Anas Alhajji said during last night’s ZeroHedge debate that Iranian crude trading activity reflects a serious peace deal sticking. Alhajji joined Jeff Currie, co-chair of Abaxx Exchange, and Erik Townsend of Macro Voices to weigh in on the Iran deal’s impli...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Zimbabwe licenses second refinery to handle nation's rising gold output -
By Godfrey MarawanyikaBloomberg NewsWednesday, June 17, 2026
Zimbabwe has licensed a second gold refinery to handle purchases and processing of the southern African nation’s increasing output of the precious metal.
The refinery, to be located in the country’s second-biggest city Bulawayo, is due to be commissioned next year, according to government officials, who asked not to be identified disc...
Investors pile into bullish dollar bets as 'U.S. exceptionalism' trade returns -
By Kate DuguidFinancial Times, LondonWednesday, June 17, 2026
Investors around the world are flocking back to the U.S. dollar in a bet that the AI boom will help the biggest economy to outshine its peers this year and force the Federal Reserve to keep interest rates high.
Wagers on a stronger dollar in the futures market last week rose by the most since 2018 to their highest level in more than...
Myrmikan's Dan Oliver: Time makes gold's correction look puny so ignore it -
9:16p ET Tuesday, June 16, 2026
Dear Friend of GATA and Gold:
In his new letter this week, Myrmikan Capital's Dan Oliver examines the recent "correction" in the gold price and concludes that while it is jarring, it is barely visible on a long-term chart.
He writes: "We think that the financial system is more precarious than ever, not just the stock and bond markets but especially the sovereign ...
Central banks expand bullion holdings as U.S. dollar's dominance wavers -
By Julie ZhangSouth China Morning Post, Hong KongTuesday, June 16, 2026
Central banks are expected to expand their gold holdings, while the U.S. dollar's dominance in global reserves will fade in five years, according to the World Gold Council.
The push to accumulate gold reflects a broad de-dollarisation trend in recent years.
About nine in 10 central banks expect global central bank gold hold...
Central banks repatriate gold as global insecurity rises -
By Leslie Hook and Krishn KaushikFinancial Times, LondonTuesday, June 16, 2026
Global central banks are removing gold from vaults in London and New York as they become more skittish about storing bullion outside their own borders, according to a new survey.
The central banks of India and France are among those that have relocated huge volumes of gold out of the U.S. and U.K. in the past year to...
Wolf Street
Legal Tender News
CoinDesk
Kentucky targets prediction markets, puts red state in potential clash with Trump team -
President Donald Trump has taken the stance that states have no business with firms like Kalshi and Polymarket, and now a staunch GOP state is defying that view.
Fidelity joins Wall Street's race to manage stablecoin reserves -
Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.
Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees -
Analysts say the exchange's push into derivatives, payments and infrastructure broadens its growth story beyond crypto trading.
Bitcoin layer-2s face a bear-market reality check -
Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going -
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to test out a new ticketing system.
Fed holds rates steady in first decision under new Chairman Kevin Warsh -
The accompanying policy statement and updated economic projections, however, took a hawkish turn.
Crypto industry aghast at Illinois' new tax on holding or transferring digital assets in state budget -
The 0.2% tax on any business activity involving digital assets was added last-minute, and is unlikely to change, two people familiar with the matter said.
Crypto Long & Short: The measure of a maturing market -
In this week's Crypto Long & Short, trusted indexes turn fragmented digital assets into a mature market that big institutions can confidently invest in, writes Kirsten Wegner. Then, the division between traditional finance (TradFi) and crypto is disappearing, says Dave LaValle, President of CoinDesk Data & Indices.
Moody’s rolls out credit ratings on Solana in tokenized asset push -
The ratings giant is embedding credit scores directly into blockchain-based securities, a move aimed at boosting institutional adoption.
BitGo stock surges on $50 million share buyback as value languishes 65% below IPO price -
The buyback comes as newly public digital-asset firms face a tougher environment, with crypto markets lagging and investor attention shifting toward AI stocks.
bitcoin.com
Bitcoin Eyes $70K Breakout as 21Shares Sees Path Toward $100K by Q3 -
Bitcoin remains above a key support zone despite a Federal Reserve-driven pullback, while 21Shares sees a potential path to $100,000 by the end of Q3. The firm’s outlook depends on a decisive breakout above $70,000. 21Shares Says Bitcoin’s Upside Case Starts With a $70K Break Bitcoin could climb to $100,000 by the end of the […]
Slowmist: A Single Missing Line of Code Drained $111,000 From the DIP Token -
A coding flaw in the DIP token, an essential utility asset of the Etherisc ecosystem, let an attacker siphon roughly $111,098 in USD Coin (USDC), blockchain security firm Slowmist revealed. A Transfer That Ran Twice Slowmist flagged the incident in a threat intelligence alert, pinning the loss at 111,097.6 USDC. The firm said the DIP […]
Trace Finance Takes $32M Series A to Scale the Bank Layer Stablecoins Are Missing -
Trace Finance, a regulated cross-border payments company, closed a $32 million Series A to extend its stablecoin settlement infrastructure beyond Latin America and into global markets. Coinfund Leads the Round According to the release shared with Bitcoin.com News, Coinfund led the raise. Coinbase Ventures, Haun Ventures, Jump Capital, Valor Capital, Paxos, and HOF Capital joined […]
Trader Garrett Jin Dumps $13.5M in HYPE, Holds $83M BTC and $25M ZEC Longs -
A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE stake, worth about $13.55 million, for a $2.83 million profit, then rotated into a long position on Uniswap’s UNI. The Trade Lookonchain flagged the moves, reporting that Jin (who posts as Garrett Bullish) had offloaded all 184,102 of his HYPE […]
Polymarket Gets Hit With $487,000 Dutch Penalty for Halting Service One Day Too Late -
The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind Polymarket, the latest sign that Europe is treating prediction markets as unlicensed gambling even as the US embraces them as financial products. How a single day cost Polymarket $487,000 The Kansspelautoriteit (KSA) published its collection decision on 16 June against […]
Reason
Cato Institute
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.
It’s not Treason. It’s Self-Defense. -
“For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...
Electronic Frontier Foundation
The Free and Open Web Is Under Attack at the IETF -
The ability to access publicly available information using automated tools is a central value and benefit of a free and open internet. Automated access—often called crawling or scraping—powers important, useful tools for locating, preserving, and analyzing online information. For example, crawling and scraping helps journalists, researchers, and watchdog organizations report the news, find secu...
The NO FAKES Act Could Silence Satire, Commentary, And News -
The NO FAKES Act is supposed to target harmful AI-generated impersonations. But in reality, it will make it easier to suppress commentary, satire, and other lawful speech. That's why EFF has signed a letter urging the Senate Judiciary Committee not to advance the bill in its current form.
Take action
Tell Congress to Say No to NO FAKES
In the letter, EFF joins a coalition of civil society group...
Onward, Friends -
After 26 years, today is my last day at EFF. It's been a terrific and wild ride — the organization has grown from a tiny band of fighty people trying to plant a flag for freedom and justice in the coming digital world into a large, established band of fighty people doing, well, much the same. The world around us has changed enormously. Our core values haven't budged.
I'm proud of what we've ac...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban -
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...
IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION -
Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...
Gun Owners of America Endorses Byron Donalds for Florida Governor -
Gun Owners of America Endorses Byron Donalds for Florida Governor FOR IMMEDIATE RELEASE June 11, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida. As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record. As a freshman state representat...
Banking Dive
American Banker
Bank of International Settlements
Cyber insurance unpacked: the corporate digital safety net -
In a more digitalised and interconnected world, cyber risk is increasingly recognised as a significant threat to economic and financial stability. The rapid evolution of cyber threats driven by technological advances, including artificial intelligence (AI), rising geopolitical tensions and the interconnected nature of digital ecosystems, is increasing the speed, scale, sophistication and system...
Embracing carbon uncertainty in portfolio construction -
by Dora Xia, Omar ZulaicaWe propose a framework for constructing fixed-income portfolios of sovereign bonds that integrates financial and environmental considerations. Central to our approach is the introduction of carbon returns, a concept analogous to financial returns, modeled as random variables to capture the inherent uncertainty of future carbon emissions.
Bond yield responses to macro news: the role of macro forecast disagreement and monetary policy uncertainty -
by Peter Hördahl, Burçin Kısacıkoğlu, Dora XiaBond yields react to macroeconomic surprises, but the magnitude of this responsiveness depends on macroeconomic forecast disagreement and monetary policy uncertainty. Using intraday responses of US Treasury futures to surprises in macroeconomic data releases, we find that greater forecast disagreement about an economic indicator prior to its release...
Federal Reserve - Press Releases
FDIC - Press Releases