Kitco News
Wall Street trisected on gold’s near-term prospects, Main Street bulls in minority as market looks to July payrolls for direction -
The latest Kitco News Weekly Gold Survey showed Wall Street evenly divided between bulls, bears, and the fence, while Main Street sentiment slid out of bullish territory after another failed breakout.
Gold, silver retreat as dollar, yields blunt post-PCE support - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower in late-afternoon U.S. trading Friday, as a firmer U.S. dollar, elevated Treasury yields and rising oil prices outweighed support from Thursday’s softer PCE inflation data. At the time of writing, spot gold was trading near $4,050.70 an ounce, down 1.27%, while spot silver was trading near $57.75, down 1.93% on the session.
Gold has value at $4,000 as investors look beyond Fed hawkishness -
(Kitco News) - Although gold prices remain stuck below $4,100 an ounce, analysts are starting to see a shift in sentiment in the marketplace, and support at $4,000 is increasingly being recognized as an attractive value point, even as the Federal Reserve maintains a tightening bias.
Tether increases gold reserves by 14 tonnes in Q2 as profits increase by 1.5 billion -
(Kitco News) - The digital asset industry continues to establish itself as an important pillar of the global gold market, with the latest data showing Tether increasing its gold holdings at a pace that rivals global central banks.
Spot gold near session lows below $4,030/oz after final Consumer Sentiment rises to 55.2, one-year inflation expectations ease -
(Kitco News) - The gold market is trading near session lows after the latest data showed consumer sentiment in the U.S. improving, with shorter-term inflation expectations easing.
Gold, silver retreat as dollar strength caps post-Fed rebound - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are lower ahead of the North American market open Friday, as a firmer U.S. dollar, elevated Treasury yields and renewed oil strength pressured precious metals after Thursday’s post-PCE rebound. At the time of writing, spot gold was trading near $4,057.10 an ounce, down 1.11%, while spot silver was trading near $57.77, down 1.90% on the session.
Gold holds above $4,100 as softer PCE offsets hawkish Fed - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as softer June PCE inflation and a weaker U.S. dollar helped metals rebound after Wednesday’s hawkish Fed hold. At the time of writing, spot gold was trading near $4,107.20 an ounce, up 0.55%, while spot silver was trading near $59.27, up 1.84% on the session.
Fed’s ‘hawkish hold’ stabilizes gold and silver, but likely leaves markets in limbo until September – Experts -
(Kitco News) – The Federal Reserve’s ‘hawkish hold’ was good news for gold and silver prices on balance, though it also served to push out the uncertainty surrounding inflation, interest rates and the broader market until after the summer, likely leaving the precious metals consolidating in their recent ranges for a little while longer, according to experts.Jesse Colombo, independent precious m...
AI bubble’s burst could ignite gold's next bull leg as investors search for value - Fred Hickey -
(Kitco News) - The months-long correction in gold prices may be carving out an important bottom as investors become increasingly skeptical of what one veteran market strategist calls the biggest technology bubble in history.
Gold demand proves resilient despite Q2 selloff as central banks return and Asian buying remains strong - WGC -
(Kitco News) - The gold market continues to search for its footing following the sharp drop in the second quarter, its biggest quarterly decline in a decade.
Zero Hedge
Judge Rejects States' Attempt To Block Medicaid Work Requirements -
Judge Rejects States' Attempt To Block Medicaid Work Requirements
Authored by Zachary Stieber via The Epoch Times,
A federal judge on July 30 declined to block new work requirements for Medicaid recipients that states must implement by Jan. 1, 2027.
Judge Richard Stearns of the U.S. District Court for the District of Massachusetts turned down a request for a preliminary injunct...
Memory-Chip Crunch Hits Smartphone Demand Across China -
Memory-Chip Crunch Hits Smartphone Demand Across China
Prices for electronic devices reliant on advanced memory chips, from smartphones to gaming consoles, have risen as the AI data-center buildout tightens supply and drives component costs higher. The resulting memory-chip crunch is now weighing on consumer demand, with Goldman’s latest note showing that the pressure is increasin...
Trump Orders Heavy Attack On Energy-Related Targets In Iran, To Commence This Weekend -
Trump Orders Heavy Attack On Energy-Related Targets In Iran, To Commence This Weekend
Summary
Trump orders major strikes on Iran, likely to start this weekend.
US adds sanctions, Bessent says Tehran can't pay troops, as Iran faces growing pressure.
Most Americans say the Iran war isn't worth fighting: AP poll.
Iran claims drone strike on US base in Kuwait - after no new US stri...
Saudi Arabia Planning Major Escalation In Yemen, Possible Ground Op: Reports -
Saudi Arabia Planning Major Escalation In Yemen, Possible Ground Op: Reports
Authored by Dave DeCamp via AntiWar.com,
Abdul Malik al-Houthi, the leader of Yemen’s Ansar Allah, commonly known as the Houthis, said Thursday that there were indications Saudi Arabia was planning a major escalation in Yemen, as the war between the two sides has been reignited following the July 13 Saudi...
Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions -
Trump's Jones Act Waiver Helped Avert Fuel Shortages Across These Key US Regions
The Department of Homeland Security has issued the broadest Jones Act waiver since at least the 1950s, just weeks after the US-Iran conflict erupted. The measure has allowed foreign-flagged vessels to transport fuel, crude oil, fertilizer, and other essential goods between US ports, bypassing domestic ...
The Fourth Turning Is Here: The Old Order Is Breaking Down -
The Fourth Turning Is Here: The Old Order Is Breaking Down
Authored by Chris MacIntosh via InternationalMan.com,
In 1997, historians William Strauss and Neil Howe published “The Fourth Turning,” a cyclical theory of Anglo-American history built around generational archetypes and recurring saecular rhythms of approximately 80 to 100 years — roughly the length of a long human life.
...
From Nazi Tats To Kissing Cousins: Maine Democrats Go Full Jerry Springer -
From Nazi Tats To Kissing Cousins: Maine Democrats Go Full Jerry Springer
In the span of a few weeks, Maine Democrats replaced their U.S. Senate nominee amid a cascade of personal controversies, with a guy who's been banging his 2nd cousin for years.
Platner's Collapse
Graham Platner, a Marine Corps veteran and oyster farmer, had emerged as a progressive populist challenger to...
Demoralizing The Whole Citizenry To The Max -
Demoralizing The Whole Citizenry To The Max
Authored by James Howard Kunstler,
The Curse It Is Cast...
“I have nothing to hide. I can explain and validate everything that I’ve done.”
- Dr. Anthony Fauci, recorded for TV in 2022
However you cut this Fauci business, one thing Americans have learned is how slippery and treacherous this thing called The Law has become.
You saw...
ICE Planning New Detention Facilities For 5,500+ Detainees In Four US Cities -
ICE Planning New Detention Facilities For 5,500+ Detainees In Four US Cities
Authored by Bryan Hyde via American Greatness,
U.S. Immigration and Customs Enforcement (ICE) is currently moving to open four new major detention facilities across the United States with a combined capacity to hold 5,500 detainees.
Just the News reports that ICE has sent out a request for information ...
Five States Make The Cut For $50 Billion Nuclear Campuses -
Five States Make The Cut For $50 Billion Nuclear Campuses
The Department of Energy has selected Utah, Tennessee, Oklahoma, Louisiana, and Idaho as the first five potential hosts for Nuclear Lifecycle Innovation Campuses (NLICs), advancing an effort that forced states to decide whether they support the entire nuclear industry or merely the convenient parts.
Energy Secretary Chri...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Alasdair Macleod: Monetary metals sentiment is as low as it gets -
By Alasdair MacleodGoldMoney, TorontoFriday, July 31, 2026
Few investors are interested in major upheavals facing global finances. Indifference in summer is normal, but this is a time of maximum danger to personal wealth.
After 55 years of this fiat currency regime, the top 500 investment managers with an estimated $140—150 trillion under management are clueless about money and credit. In 1919 ...
Rare joint currency intervention in Asia sends warning to markets -
By Ankur Banerjee, Yena Park, and Samuel IndykReutersThursday, July 30, 2026
Japan and South Korea both stepped in to buy their currencies on Thursday, sources and analysts said, while signs of U.S. support grew today in a rare coordinated intervention that marks an escalation in efforts to stem currency weakness.
The intervention gave the yen its biggest boost in almost two years and, if the...
U.S. Treasury yield curve 'twist' reflects view Fed may not hike again -
By Gertrude Chavez-DreyfussReutersFriday, July 31, 2026
NEW YORK -- A sharp shift toward a steeper U.S. Treasury bond curve following the Federal Reserve's decision to leave interest rates unchanged this week has raised concerns about the central bank's credibility and willingness to fully confront inflation.
The drop in front-end yields, even as those on longer tenors climbed, suggests growi...
Hong Kong's gold clearing system will change structure of market, Maguire tells LFTV -
9a ET Friday, July 31, 2026
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, speaking on Kinesis Money's "Live from the Vault" program this week, says the new gold trade-clearing system in Hong Kong is a sign of a structural change in the gold market, with pricing shifting from New York and London to Asia and hastening a worldwide revaluation of gold.
The program is 50 minutes...
Mike Maharrey: Could China's gold reserves surpass the U.S. in five years? -
By Mike MaharreyMoney Metals Exchange, Eagle, IdahoThursday, July 30, 2026
Could China's gold reserves surpass the United States’?
On the surface, this seems like a tall order, but analysts at BMO Capital say it could happen in the next five years given China's unreported gold buying.
... Dispatch continues below ...
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Wolf Street
CoinDesk
Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say -
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half -
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter.
The good and the bad of perps, according to crypto traders -
Both retail and institutional traders worry about the funding rate.
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs -
A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions about security and whether managing private keys has become too risky for everyday investors.
Quantum computing nears commercial breakthrough, IBM CEO says -
Arvind Krishna said quantum computing will begin generating meaningful revenue before the decade ends as investment in the sector accelerates, in an interview on CNBC.
Crypto faces 3 barriers to next bull run, STS Digital CEO says -
Institutional options selling, AI and delayed U.S. crypto regulation are weighing on bitcoin, according to STS Digital CEO Maxime Seiler.
Circle secures New York trust charter as crypto regulatory push accelerates -
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law.
Coinbase's weak quarter leaves Wall Street split on timing of a recovery -
Most analysts blamed a weak crypto market for Coinbase's earnings miss, though opinions diverged on when trading activity will recover.
RWA perps will outpace tokenization -
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs.
Dubai-based crypto exchange tied to $4 billion Iran sanctioned-evasion network -
Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.
bitcoin.com
Coldcard Attacker Stole $30M in 10 Minutes by Targeting Big Wallets -
Chainalysis found that the Coldcard attacker stole roughly $30 million within 10 minutes after prioritizing the largest wallets. The $38 million-plus sweep reached 500 wallets and exposed lasting risks for seeds created on vulnerable firmware. Attacker Prioritized Coldcard Wallets With the Largest Balances Blockchain analytics firm Chainalysis revealed on July 31 that the attacker targeted […]
CLARITY Act Push Hits 1 Million With 7 Days Before Senate Recess -
Stand With Crypto claims advocates have contacted lawmakers one million times with seven days remaining before the August recess, while federal and state officials raise competing concerns over fraud protections, enforcement authority, and presidential conflicts. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digit...
Bitcoin Traders Lose $100M as BTC Drops $3K in 12 Hours -
Bitcoin fell nearly $3,000 on July 31, dropping to an intraday low of $62,369 and slashing its monthly gain from 10% to 4.5%. Market capitalization fell from $1.3 trillion to $1.26 trillion. Federal Reserve Momentum Fades Bitcoin tumbled on the last day of July, shedding nearly $3,000 during a frantic 12-hour period that saw the […]
USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin -
The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5 billion. Tether Releases Q2 Attestation, Reports $1.5 […]
Peter Schiff Says Strategy’s STRC Plan Hurts MSTR Shareholders -
Shares of Strategy Inc. fell about 7% after the company released second-quarter earnings, while Peter Schiff argued that its STRC financing priorities increasingly disadvantage MSTR shareholders. The dispute highlights competing views over preferred-stock stability, bitcoin reserves, and common-stock value. Schiff Targets Strategy’s STRC Priority Selling pressure intensified around Strategy Inc...
Reason
Error 888: Complaint Too Long -
From today's decision by Judge Trevor McFadden (D.D.C.) in Soffer v. George Washington Univ.: Two former George Washington University ("GWU")…
The post Error 888: Complaint Too Long appeared first on Reason.com.
Trump Re-Ups the Anti-Weaponization Fund, Reinforcing the Demand That Todd Blanche Kill It for Good -
The president is still pushing the idea of using taxpayer money to reward Capitol rioters, contradicting the attorney general nominee's assurance that it won't happen.
Georgia Has Arrested At Least 20 Officials for Misusing the Flock Surveillance Database -
Michael Soyfer, an attorney at the Institute for Justice, calls it “just the tip of the iceberg.”
New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation' -
Casting Kalshi as an out-of-control gambling platform makes it easier for the state to take money from the company and its users.
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal -
Prosecutor professional misconduct, detention without bond, and wanton statch interpretation.
Law Firm Sues Ex-Client for Libel, Judge Lays Out Firm Owner's Disciplinary Record -
From Lento Law Group PC v. Estrada, decided last week by Judge Mia Roberts Perez (E.D. Pa.): This case involves…
The post Law Firm Sues Ex-Client for Libel, Judge Lays Out Firm Owner's Disciplinary Record appeared first on Reason.com.
A Serial Liar Likely Sent an Innocent Man to Florida's Death Row. Why Is He Still There? -
Paul Skalnik was a career criminal and jailhouse snitch whose unbelievable testimony secured dozens of convictions—including that of Jim Dailey, who awaits execution.
Kansas Lawsuit: ALPRs Turn a License Plate Into the 'Functional Equivalent' of a 'GPS Tracking Device' -
The Kansas Justice Institute argues that Wichita's "warrantless ALPR dragnet surveillance program" violates the state constitution's privacy protections.
What Mamdani Can Learn From Hugo Chávez's Government-Run Grocery Store Debacle -
Venezuela’s government-run grocery stores led to endless lines, empty shelves, quotas, and corruption.
Rand Paul's Biosimilar Drug Bill Could Cut Costs, Speed Patient Access -
The Expedited Access to Biosimilars Act enables FDA approval of pharmaceutically equivalent biologic medications.
Cato Institute
Tenth Amendment Center
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Electronic Frontier Foundation
Amending AB 1709 Doesn’t Fix It: California’s Social Media Ban Still Threatens Free Speech and Privacy -
California lawmakers have amended A.B. 1709, but the core problem remains: the bill is still a ban on social media access for youth under 16, and it still threatens the privacy and First Amendment rights of all Californians.
Proponents of the bill may argue that the recent amendments represent a compromise, but a close look at the text shows no major changes. As the bill moves forward in the Se...
The SCREEN Act Threatens Privacy Far Beyond Adult Websites -
The Senate Commerce Committee is set to consider S. 737, the SCREEN Act, a sweeping age-verification bill that would require online services to verify users’ ages before they can access any sexually explicit content. If this bill passes, it will force millions of adult internet users to give up their anonymity, privacy, and security before they access lawful speech.
Unlike many state-age veri...
The CHATBOT Act Forces One Parenting Model On Every Family -
Artificial intelligence is rapidly changing education, and the way people search for information. Parents, teenagers, teachers, and schools are struggling with tough questions about when AI should, and should not, be used. It makes sense for Congress to hold hearings and examine how AI should be used by minors. But the recently introduced CHATBOT Act answers those questions with a one-size-fits...
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
WY: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming -
See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more
Gun Owners of America Gun Giveaway Official Rules -
Gun Owners of America GOALS 2026 Giveaway OFFERED ONLY TO LEGAL U.S. RESIDENTS AGED 18 YEARS OR OLDER, WHO ARE ELIGIBLE TO OWN A HANDGUN UNDER ALL APPLICABLE LAWS. 1. ELIGIBILITY: Open to U.S. residents age 18 years or older, who are eligible to own and lawfully receive a handgun under federal, state, and local laws, and who enter the … Read more
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms -
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms FOR IMMEDIATE RELEASE July 20, 2026 CHARLOTTE AMALIE, USVI — Gun Owners of America (GOA) and Gun Owners Foundation (GOF) have filed a federal lawsuit challenging the U.S. Virgin Islands’ prohibition on nonresidents exercising their Second Amendment rights. The lawsuit argues the USVI ...
Banking Dive
American Banker
Bank of International Settlements
Michelle W Bowman: Modernizing financial regulation -
Speech by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at the Bank Policy Institute London Conference, London, 13 July 2026.
Andrew Bailey: Growth and regulation -
Speech by Mr Andrew Bailey, Governor of the Bank of England, at the Mansion House Financial and Professional Services Dinner, London, 14 July 2026.
Lisa D Cook: Economic outlook -
Speech by Ms Lisa D Cook, Member of the Board of Governors of the Federal Reserve System, at The Exchequer Club of Washington DC, Washington DC, 15 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases