Kitco News
Gold holds near $4,330 as oil pares Iran-Israel risk premium - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were near steady and spot silver prices were firmer in late-afternoon U.S. trading Monday, as perceived safe-haven demand tied to renewed Middle East tensions was offset by firmer rate expectations after Friday’s U.S. jobs report.
Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains -
(Kitco News) - After Friday’s breakdown, gold prices could have further to fall, but some analysts believe investors should ignore the noise and focus on the bigger picture.
China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases -
(Kitco News) – The People’s Bank of China (PBoC) increased its gold reserves by nearly 10 tonnes last month, its 19th consecutive month of bullion purchases, according to the latest government data.The State Administration of Foreign Exchange (SAFE) announced on Sunday that China's official gold reserves rose by 320,000 troy ounces or 9.95 tonnes in May to a total of 74.96 million troy ounces o...
Rising inflation may push real rates lower, setting the stage for gold's next rally - WisdomTree’s Shah -
(Kitco News) - The gold market continues to struggle as prices remain firmly below their 200-day moving average. The selling pressure has been driven by rising inflation fears, but one analyst says that this threat could also be gold's greatest long-term strength.
Gold gets no boost from geopolitical conflict, Russia makes outsized precious metals output claims for 2026 – Heraeus -
(Kitco News) – Gold prices are not seeing any safe-haven bid as a result of the latest round of conflict in the Middle East, while several key metrics show investor interest in silver is waning, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold recently overtook Treasuries as the most valuable central bank reserve asset.
Gold holds near $4,330 as Hormuz volatility meets firmer dollar - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are near steady and spot silver prices are higher in early U.S. trading Monday, as oil pulled back from overnight highs, U.S. equity futures recovered and traders looked ahead to Wednesday’s May inflation report.
What’s next for gold after the 200-day moving average breaks? -
(Kitco News) - Gold and silver investors aren’t heading into the weekend with much to feel good about.
Wall Street brimming with bears after gold's breakdown, Main Street pessimism persists as inflation data takes center stage -
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold’s near-term prospects, while Main Street grew more pessimistic after gold’s week of weakness.
Gold and silver tumble after hot jobs print lifts dollar, Treasury yields - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Friday, after a stronger-than-expected May jobs report lifted Treasury yields, firmed the U.S. dollar and triggered heavy selling across precious metals.
Gold breaks below key technical support, but analysts see a buying opportunity -
(Kitco News) - Inflation fears on multiple fronts have taken their toll on the gold market, with prices breaking below a critical long-term support level.
Zero Hedge
Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen -
Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen
Authored by Jeffrey Tucker via The Brownstone Institute,
Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official...
These Are The World's Most Prosperous Countries -
These Are The World's Most Prosperous Countries
The world’s richest countries are not always the most prosperous.
As Visual Capitalist's Dorothy Neufeld details below, according to the Atlantic Council’s 2026 Prosperity Index, the world’s most prosperous countries tend to combine economic strength with high living standards.
Meanwhile, the U.S. places 38th overall, far below ma...
5 Future Scenarios For Post-Conflict Iran -
5 Future Scenarios For Post-Conflict Iran
Authored by Christian Milord via The Epoch Times,
There likely are more than five scenarios that Iranians could opt for as hostilities unwind, but the following five visions represent the paths Iran could take this year. Will 2026 onward become the Third Islamic Republic, following the first (1979-1989) and the second (1989-2026)? We can o...
Watch: French Fighter Jets Shoot Down Kamikaze Drone Over Latvia -
Watch: French Fighter Jets Shoot Down Kamikaze Drone Over Latvia
There's been another 'mystery' drone shootdown incident over Baltic and Eastern European airspace early Monday.
Latvia's military and Foreign Affairs Minister confirmed that French fighter jets had shot down a drone that entered its airspace, after a series of similar incidents in the region over the past months. Som...
Google Met Top German Govt Officials Many Times To Discuss Online "Hate Speech" And "Disinformation" -
Google Met Top German Govt Officials Many Times To Discuss Online "Hate Speech" And "Disinformation"
Authored by John Rosenthal via DailySceptic.org,
Data provided in a German Government response to a parliamentary question on online censorship show that Google met with top German government officials dozens of times between early 2022 and spring 2024 to discuss suppression of onl...
Pro-EU Ruling Party Wins Armenia Election In Landslide, Kremlin Blasts Western Interference -
Pro-EU Ruling Party Wins Armenia Election In Landslide, Kremlin Blasts Western Interference
Armenian Prime Minister Nikol Pashinyan's party has won parliamentary elections, according to Monday's result, after a vote which has signified the small Caucasus nation's major pro-Western shift.
His Civil Contract party secured 49.81 percent of the vote, while the main opposition party St...
Street Unrest In Albania After PM Says Pristine Land 'Belongs' To US-Saudi Investors -
Street Unrest In Albania After PM Says Pristine Land 'Belongs' To US-Saudi Investors
Authored by Jake Johnson via Common Dreams
Albanians took to the streets in droves for the eighth consecutive day on Sunday to protest a proposed $1.6 billion luxury resort complex backed by US President Donald Trump’s son-in-law, Jared Kushner, one of several investors in the project, which oppo...
10 Enduring Lessons From Adam Smith -
10 Enduring Lessons From Adam Smith
Authored by Nikolai G. Wenzel via The Daily Economy,
Adam Smith (1723-1790) is widely considered to be the father of modern economics. There were precursors, such as the School of Salamanca and the French Physiocrats, but Adam Smith's 1776 magnum opus, "An Inquiry Into the Nature and Causes of the Wealth of Nations," was the first comprehensive ...
Apollo And Blackstone Raise $35 Billion For Anthropic In One Of The Biggest Ever Private Credit SPV Deals -
Apollo And Blackstone Raise $35 Billion For Anthropic In One Of The Biggest Ever Private Credit SPV Deals
Back in January, when we profiled Meta's landmark $27.3 billion SPV deal named "Beignet" for the Hyperion data center located in Louisiana, in which Blue Owl provided the private credit, we said to "expect hundreds of billions of these in 2026."
As a reminder, META is already...
Report Says Cuba Mobilizing Militias As U.S. Invasion Fears On The Rise -
Report Says Cuba Mobilizing Militias As U.S. Invasion Fears On The Rise
Weeks after Cuba's leader warned that any U.S. military action against the communist-controlled Caribbean island nation would be a "bloodbath" and risk destabilizing the region, local media reported that the regime had begun handing out weapons to ordinary citizens. Other reports, however, dispute that claim an...
MarketWatch - Top Stories
A massive 16% market swing just rocked South Korea over 24 hours. The retail ‘ants’ holding the wheel are driving dangerously. -
Increasing use by retail investors or ‘ants’ of leveraged products to gain fast exposure to market upside is amplifying market volatility on Korea’s rollercoaster exchange.
I’m 60, retired with $3 million. My fiancée, 55, has $1 million but plans to work for the next 10 years. Are we compatible? -
“Although she is quite frugal, she has not been particularly diligent with investing.”
The latest rally may be only a dead-cat bounce, warns normally bullish boutique -
Technical analysis points to a summer slide, says Fundtrat’s Newton
‘We pay $100 per month’: My husband is in his mid-60s and has a $500,000 life-insurance policy. Is it time to cancel it? -
“Our kids are grown and independent, and we are very comfortable financially.”
Jennifer Aniston’s boyfriend Jim Curtis takes $1.5 million New York City home off the market -
Actress Jennifer Aniston’s boyfriend Jim Curtis has delisted his longtime New York City home after four months—and a few weeks after the couple marked their one-year anniversary.
‘Entourage’ star Jeremy Piven sells modern private retreat in L.A. for a reduced $6.9 million -
Piven faced more than a few hurdles on his path to finding a buyer, with the 6,200-square-foot home bouncing on and off the market over the year, each time with a reduced asking price.
Why a U.K. pharma giant is paying a 40% premium to pivot back to oncology -
U.K. pharmaceutical giant GSK on Tuesday struck a $10.6 billion deal to buy U.S.-listed biotech company Nuvalent, its biggest acquisition in eight years as it seeks to bolster the cancer portfolio it had previously trimmed.
Your tech portfolio could be on the wrong side of the AI boom -
Why the coming $1,000 videogame console will squeeze hardware stocks.
BofA sees ‘red flags’ in the U.S. stock market. Here’s what to buy now. -
Most investors who pile into the S&P 500 in 2026 think they own the entire stock market. What they actually own is nothing more than a heavy bet on Big Tech — and right now, that bet has run its course.
Elon Musk says SpaceX doesn’t need ‘magic’ to put AI data centers up in space -
Critics say that setting up orbital data centers is easier said than done. But Musk argues that it’s not a “super hard problem” to solve.
CNBC Top News
CNBC Economy
GATA
Ed Steer: Gold's 200-day moving average falls in a brutal bear raid -
10a ET Sunday, June 7, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Brutal Bear Raid: Gold's 200-Day Moving Average Falls" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/brutal-bear-raid-golds-200-day-moving-average-falls
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committ...
China's PBOC adds gold again as bullion remains under pressure -
By Jessica ZhouBloomberg NewsSaturday, June 6, 2026
China's central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure.
Bullion held by the People's Bank of China rose by 320,000 troy ounces last month, according to data released today. The latest addition extended its buying streak to 19 months, the longest since at least 201...
Joseph Solis-Mullen: Sound money and the myth of militarism -
By Joseph Solis-MullenMoneyMetals.com, Eagle, IdahoFriday, June 5, 2026
One of the most common mistaken arguments against a return to sound money is that the dollar's international dominance supposedly depends upon American military supremacy.
According to this view, the United States cannot seriously consider restoring monetary discipline -- whether through embracing the classical gold standar...
Alasdair Macleod: Summer doldrums for the monetary metals -
By Alasdair MacleodGoldMoney, TorontoFriday, June 5, 2026
Over the last six months, gold and silver are barely changed. Investors are losing patience. It's time to stand back and examine the big picture and ignore short-term sentiment.
As our introductory chart shows, gold and silver are barely changed on the year. As a measure of investor sentiment, North American investors sold down 12 tonnes...
Maguire sees Western gold futures market collapsing; Steer talks with Commodity Culture -
10:52a ET Friday, June 5, 2026
Dear Friend of GATA and Gold:
Western gold futures markets are collapsing as China corners the world's physical gold markets, London metals trader Andrew Maguire tells this week's episode of Kinesis Money's "Live from the Vault" program at YouTube:
https://www.youtube.com/watch?v=j81nPyBJPeA
And GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver D...
Wolf Street
CoinDesk
Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market -
Circle unveiled cirBTC, a token backed 1:1 by the world's largest cryptocurrency, to allow traders to use their bitcoin wealth in DeFi protocols.
USDT's flashing a golden cross and that may be bad news for bitcoin -
USDT's dominance rate has flashed a golden crossover in a sign of caution for the broader crypto market.
Coinbase and Cardless unveil credit card backed by stablecoins -
The stablecoin-secured card is for situations where a credit card cannot be approved on an unsecured basis.
Saylor blamed AI for bitcoin crash. Arca has one word for that: Nonsense -
Arca is blaming Strategy's sale of 32 BTC for last week's BTC crash, not AI capital rotation, as Strategy's Saylor claimed.
Live updates: Bitcoin drops to $62,600 as some traders peg SpaceX's IPO as 'next catalyst' -
Stocks recovered through SpaceX's oversubscribed IPO, an Nvidia and SK Hynix chip pact, and Apple's AI reboot, while crypto trailed.
Chinese mining CEO says Strategy can survive a $30,000 bitcoin without selling -
Jiang Zhuoer of BTC.TOP called the week's selloff speculation overblown, arguing Strategy's small debt and the design of its preferred shares let it keep buying.
Humanity Protocol token crashes more than 80% after a $32 million private-key hack -
The decentralized identity project said attackers compromised the keys of a foundation member and are dumping the stolen H tokens for ether.
Forehead tattoos and alcohol dares: Inside the dark underbelly of crypto's memecoin craze -
Users are being paid to shave their heads, chug liquor and interview homeless people on camera, raising questions about whether Pump.fun's latest product rewards creativity or exploitation.
Influential research firm that caused AI stock meltdown lays out Hyperliquid as 'compelling' idea -
Unlike most crypto, Hyperliquid actually generates cash flow and has a token buyback mechanism, says Citrini Research
Live updates: Bitcoin tops $63,000 as Strategy adds $100 million BTC in latest purchase -
Meanwhile, Strive bought 32 bitcoin, the same number Strategy dumped last week.
bitcoin.com
Humanity Protocol Loses $32M in Private Key Hack as ZachXBT Calls Incident ‘Possibly Staged’ -
Humanity Protocol’s H token has crashed nearly 90% after wallets tied to the project were drained of more than $32 million, a breach onchain investigator ZachXBT says may have been “possibly staged.” A Private Key Breach Turns Into a Firestorm The exploit hit Humanity Protocol, an identity-verification network, early on June 9. According to onchain […]
Apple Sheds $230 Billion From Intraday Peak After Long-Awaited Siri AI Reveal Disappoints -
Apple shares swung nearly 5% from their intraday high, erasing about $230 billion in market value, after the company’s long-awaited Siri AI overhaul drew a muted reaction from investors. A ‘Sell the News’ Moment for Apple’s AI Reset Apple used its Worldwide Developers Conference (WWDC) on June 8 to unveil its biggest artificial intelligence (AI) […]
Bitcoin Near $63.5K Is Hovering at What It Costs to Mine BTC, Leaving Miners at Break-Even -
Bitcoin is changing hands near $63,500, a level analyst Charles Edwards says lines up with the network’s average production cost, i.e. the threshold where the typical miner stops turning a profit. Miners Squeezed to the Break-Even Line The recent selloff has dragged bitcoin back to a price band that has historically marked long-term value. In […]
Kalshi Taps Sportradar for Official League Data and Integrity Tools in Prediction Markets -
Kalshi has signed a multi-year global deal making sports-data company Sportradar its official data and integrity provider, giving the prediction market official league feeds and surveillance tools as it fights state efforts to brand its contracts illegal betting. Official data, and an integrity shield The agreement gives Kalshi official data and live odds across Major […]
Bitget Launches Stocks 2.0 With 36 Tokenized US Stocks and ETFs Including Apple and Nvidia -
Bitget has launched Stocks 2.0, an upgraded tokenized equity product designed to improve liquidity, transparency, and capital efficiency. The rollout includes 36 stock-linked assets tied to major U.S. equities and ETFs. Bitget Targets TradFi Users as Tokenized Stock Volume Tops $1 Billion Bitget is expanding its tokenized stock business with the launch of Bitget Stocks […]
Reason
Brickbat: ReTired -
California regulators have proposed replacement tire regulations that would dramatically change the aftermarket tire industry by requiring many replacement tires…
The post Brickbat: ReTired appeared first on Reason.com.
Open Thread -
What’s on your mind?
Ex-DOGE Staffer, Ex-Pete-Hegseth Advisor Justin Fulcher Sues the Guardian for Libel -
From today's Complaint in Fulcher v. Guardian News & Media LLC (D.D.C.); of course, these are just plaintiff's allegations: On…
The post Ex-DOGE Staffer, Ex-Pete-Hegseth Advisor Justin Fulcher Sues the <i>Guardian</i> for Libel appeared first on Reason.com.
"Plaintiff Also Alleges That the Grammy Awards 'Have Become a Public Nuisance' and Are 'Committing Industrial Espionage'" -
Plus, the Alien and Sedition Acts.
Do Democrats Still Have a Big-City Crime Problem? -
Plus: What California's election results tell us, the economic costs of war with Iran, and the push to nationalize AI
Federal Court Invalidates Trump's $100,000 H-1B Visa Fee as Illegal Usurpation of Congress' Power to Tax -
The ruling relies in part on the Supreme Court's decision in the tariff case.
Penis Measurements Cannot Justify a Sex Offender's Indefinite Detention, South Carolina's Top Court Says -
The court unanimously ruled that penile plethysmography is unreliable and inadmissible as evidence of recidivism risk.
Bill Introduced in Congress To Codify the First Amendment Right To Film the Feds and Sue for Violations -
Civil liberties groups say recording the police is core First Amendment activity. The Right to Record Act of 2026 would create a right to sue federal officers who violate it.
Stephen Miller and Pete Hegseth Are Wildly Misleading About Section 702 Warrantless Surveillance -
Miller says it is "madness" to expect law enforcement to get a warrant before spying on Americans' electronic communications.
What Judge Wood Did Not Say About Judge Ross's Misconduct -
She says nothing about Judge Ross's dishonesty, nothing about the private reprimand, and nothing about Pauline Newman.
Cato Institute
Tenth Amendment Center
A Nation of Suspects -
Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […]
The post A Nation of Suspects appeared fir...
Liberty Isn’t Taken. It’s Surrendered. -
Tyrants exploit the ignorance and corruption of the people. Samuel Adams warned us, but don’t just blame the tyrants. He said we should blame the people who make them possible by giving us a self-inflicted tyranny. On this Episode: Liberty isn’t taken. With a one-two punch, it’s surrendered.
The post Liberty Isn’t Taken. It’s Surrendered. appeared first on Tenth Amendment Center.
Refuse to Comply: Madison’s Blueprint to Stop the Feds -
“A refusal to cooperate.” That’s the strategy James Madison gave us to stop federal programs. In Federalist #46, he laid out a series of steps to combat “unwarrantable measures of the federal government” along with those that are “warrantable” but “unpopular.” In other words, we can use his blueprint to combat unconstitutional acts, as well […]
The post Refuse to Comply: Madison’s Blueprint to ...
Electronic Frontier Foundation
VICTORY: Meta Strips Facial Recognition Code From Smart Glasses App After Public Outcry -
Just days after a damning WIRED report exposed that Meta had quietly embedded facial recognition technology (FRT) code into millions of phones, the tech giant has quietly acquiesced in demands to reverse course.
Last week, researchers identified code in Meta AI, a companion app for its line of smart glasses, that could convert images of faces into unique biometric signatures to identify strange...
Cheers to the Winners of EFF’s 18th Annual Cyberlaw Trivia Night! -
On a warm June evening in San Francisco, attorneys and other legally-minded friends of EFF gathered for our 18th Annual Cyberlaw Trivia Night, an annual test of tech-related legal knowledge, and the ability to remember some deeply obscure facts under pressure.
Returning Quizmaster Kurt Opsahl once again guided competitors through six rounds of trivia covering everything from intellectual prope...
Internet Age Gates Are a Growing Global Threat -
The internet is an essential resource for young people and adults to access information, explore community, and find themselves—both inside countries and across continents. Yet governments around the world continue to introduce and implement legislation requiring all online users to verify their ages before accessing the digital space. In some cases, politicians are going further, putting forth...
The Institute For Justice - Press Releases
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
PA: Stop the “Lock Up Your Safety” Bill in Harrisburg! -
Harrisburg Gun Grabbers Want to Criminalize Your Self-Defense! The anti-gun Democrats in Harrisburg are launching yet another direct assault on your God-given rights. On Monday, June 8th, the House Judiciary Committee is scheduled to hear two highly critical bills. This committee is run by Representative Tim Briggs (D-149), one of the most rabidly anti-gun members of the House who proudly … Rea...
SC: Can We Trust Stephen Goldfinch to be SC’s Top Cop? -
Gun Owners Should Remember Stephen Goldfinch’s Record on Constitutional Carry For nearly a decade, South Carolina gun owners fought to restore a simple principle: law-abiding citizens should not have to ask the government for permission before exercising their right to bear arms. That fight was long, difficult, and filled with obstacles. One of those obstacles was Senator Stephen Goldfinch. As ...
VA: GOA and VCDL Just Had a Major Win Against Universal Background Check Enforcement in Court! -
Today, Gun Owners of America and the Virginia Citizens Defense League won another major victory in our fight against Virginia’s unconstitutional Universal Background Check law. In Wilson v. Hanley, Judge Yeatts made it crystal clear that his statewide permanent injunction remains fully in effect and that Virginia law enforcement is expected to comply with that order. The court rejected efforts ...
Banking Dive
American Banker
Bank of International Settlements
Denny H Kalyalya: Keynote speech - Stanbic Bank 4th Banking Industry Symposium -
Keynote speech by Dr Denny H Kalyalya, Governor of the Bank of Zambia, at the Stanbic Bank 4th Banking Industry Symposium, Lusaka, 22 May 2026.
Olli Rehn: Systemic risk, resilience and competitiveness in a changing technological landscape -
Keynote speech by Mr Olli Rehn, Governor of the Bank of Finland and First Vice-Chair of the European Systemic Risk Board, at the 11th Bank of Finland and European Systemic Risk Board joint conference on AI and Systemic Risk Analytics, Helsinki, 3 June 2026.
Olli Rehn: Europe's economy under the weight of power politics -
Speech by Mr Olli Rehn, Governor of the Bank of Finland and First Vice-Chair of the European Systemic Risk Board, at the EU Heads of Mission lunch seminar, Helsinki, 2 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases