Kitco News
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.
Silver outperforms gold to test $80 as US-Iran talks drive metals volatility - Kitco PM Report -
(Kitco News) - Spot gold prices were firmer and spot silver prices were sharply higher late Thursday, with traders balancing softer U.S. labor data against rising Treasury yields, oil volatility and another round of headlines tied to the Strait of Hormuz.
Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage -
(Kitco News) – Coinbase, the second-largest cryptocurrency exchange by daily trading volumes and the largest in the United States, has launched gold and silver perpetual futures for eligible non‑U.S. traders, bringing two of the world’s most established store‑of‑value assets into the crypto derivatives ecosystem.
Gold and silver rally as crude slides on U.S.-Iran deal hopes - Kitco AM Report -
(Kitco News) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Thursday, supported by lower crude oil prices, a softer U.S. dollar and lower Treasury yields as traders price in progress toward a U.S.-Iran deal that could reopen the Strait of Hormuz.
Spot gold near session high after U.S. weekly jobless claims rise to 200k -
(Kitco News) - Gold prices were continuing to trade just off their earlier highs on Thursday morning following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits were below economists’ forecasts.
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report -
(Kitco News) - Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed geopolitical uncertainty supported perceived safe-haven demand for precious metals.
Morgan Stanley sees gold prices climbing to $5,200 despite geopolitical volatility -
(Kitco News) - The gold market is seeing some renewed momentum, with prices testing new resistance at $4,700 an ounce. While it still has some way to go to regain key price levels, one investment bank expects prices to eventually move higher.
Gold, silver rally on weaker dollar after crude collapses on Iran ceasefire hopes - Kitco AM Report -
(Kitco News) - Spot gold prices are sharply higher and spot silver prices are also stronger in early U.S. trading Wednesday, as a weaker U.S. dollar, lower Treasury yields and a sharp pullback in crude oil prices revived buying across the precious metals complex.
Zero Hedge
Virginia Supreme Court Blocks Democrats’ Voter-Approved Congressional Map As Midterms Approach -
Virginia Supreme Court Blocks Democrats’ Voter-Approved Congressional Map As Midterms Approach
The Supreme Court of Virginia has denied a request from Democrats and state officials to lift a lower-court order blocking certification of the April 21 redistricting referendum, leaving a voter-approved congressional map that could flip four Republican U.S. House seats in legal limbo jus...
'Sporadic Clashes' Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade -
'Sporadic Clashes' Ongoing In Strait Of Hormuz After US Attacks, Disables Two Iran Vessels Trying To Breach Blockade
Summary
Sporadic clashes between Iranian Armed Forces and US vessels in the Strait of Hormuz, few details given.
Two more empty Iranian-flagged tankers come under US aerial attack for attempting to breach blockade.
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Iran says US violated ceasefire af...
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored -
Massive Forest Fire Threatens Chernobyl Exclusion Zone, Radiation Closely Monitored
It was only last month that Ukraine marked the 40th anniversary of the Chernobyl disaster, but on Friday there is another major threat to the site, which Russia says it is closely monitoring, according to RIA.
A massive forest fire is sweeping through the Chernobyl exclusion zone on Friday after a ...
American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich -
American Consumers Have Never Been Less Confident Despite Inflation Fears Easing; UMich
With the "mini war" still ongoing (albeit with a 'ceasefire' in place), expectations were for a continued slide (already at record lows) in the American consumer's sentiment in preliminary UMich data for May released today.
And while the expectations were correct in direction, once again they u...
Trump Administration Drops First Batch Of UAP/UFO Files -
Trump Administration Drops First Batch Of UAP/UFO Files
On Friday, the Trump administration released the first official tranche of declassified UAP (Unidentified Anomalous Phenomena) and UFO files through the new Presidential Unsealing and Reporting System for UAP Encounters (PURSUE) - which of course was the alternative to the real incriminating Elite Presidential Shielding Taskfo...
US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% -
US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3%
In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside ...
Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia -
Ukrainian Drone Strike Paralyzes Airports Across All Southern Russia
Russian cities and communities are busy preparing Victory Day WW2 memorial events all across the country ahead of Saturday, and so security is already on edge and on high alert, especially in the Moscow area, given that Ukraine's devastating cross-border drone attacks have persisted and expanded of late.
On Frida...
OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan -
OpenAI Valuation Doubts Loom As Softbank Scales Back Margin Loan
SoftBank Group's abrupt scaling back of a planned $10 billion margin loan backed by its roughly 13% stake in OpenAI - now targeting as little as $6 billion - reveals deepening lender unease over the AI giant’s $852 billion post-money valuation set in March 2026.
The move follows earlier $40 billion bridge financing...
Pandemic? Trump Remains Confident Hantavirus Situation Under Control -
Pandemic? Trump Remains Confident Hantavirus Situation Under Control
Authored by Kimberley Hayek via The Epoch Times,
President Donald Trump said on May 7 that he had been briefed on a hantavirus cluster tied to a cruise ship and that he was hopeful that the situation was still contained, as federal health authorities track the American passengers who returned home. The president ...
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism -
Futures Rebound, Trade At All Time Highs On, What Else: Tech And Iran Optimism
US equity futures are higher and just shy of a new record, with technology names leading futures higher ahead of April jobs report, after Trump’s assertion that the Iran ceasefire is still holding despite an exchange of weapons between the US and Iran overnight, and a deep weekly loss for oil help future...
MarketWatch - Top Stories
Gloom deepens for consumers in early May due to high gas prices -
Consumer sentiment hit a record low in May, the University of Michigan said, with the lowest reading among Republicans since President Donald Trump’s 2024 election.
BuzzFeed blows past a key debt deadline, raising the specter of bankruptcy -
The company was granted an extension until May 18 on a $5 million debt payment after issuing a going-concern warning earlier this year.
Kevin Warsh will be the richest Fed chair ever. Just how rich — he isn’t saying. -
The Fed chair nominee has filed 69 pages about his finances that mostly tell you what he won’t tell you. The Senate is ready to confirm him anyway.
These popular retirement communities have years-long waiting lists — but here’s what they’re not telling you -
What to keep in mind before paying $400,000 to $1 million in entry fees to move into a continuing-care retirement community.
I’m giving $10,000 to my stepchildren. My wife warned me against gifts of equal value for my nephews. Is that fair? -
“Our net worth is about $4 million, and we are both 60.”
This new target for the S&P 500 is very nearly Wall Street’s highest. Here are the trades to make. -
Earnings and a supportive economic backdrop should help stocks, says RBC
7 stocks expecting a post-earnings jolt — including Applied Materials and Cisco Systems -
S&P 500 investors are charging ahead — and bullish market indicators blaze the trail.
The year’s best tech trade is hiding in plain sight — and no, it’s not the Nasdaq -
While Wall Street fixates on the “Magnificent Seven,” South Korea’s KOSPI has quietly delivered a staggering 75% gain since January.
My husband has a $225,000 pension. We don’t trust his ‘too big to fail’ employer. Where do we invest it? -
“Ideally, we are looking for a guaranteed return with minimal risk.”
I was a slave to credit-card debt, then I got laid off and turned my life around. Here’s how I did it. -
The biggest promotion is often the one we can give ourselves by cutting back on our spending.
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
CoinDesk
CoinDesk 20 performance update: NEAR Protocol (NEAR) gains 6.3%, leading index higher -
Internet Computer (ICP), up 5.8% from Thursday, was also a top performer.
Stablecoins have their 'permission slip.' Now comes the hard part. -
Executives from MoonPay, Ripple and Paxos said at Consensus Miami 2026 that regulation has accelerated stablecoin adoption, but infrastructure, privacy and distribution remain major hurdles.
Coinbase bulls point to crypto legislation and stablecoins after earnings miss -
Analysts say Coinbase’s long-term growth may depend more on stablecoins and U.S. crypto legislation than a rebound in trading activity.
U.S. added 115K jobs in April, nearly doubling expectations -
The data comes ahead of what's expected to be a new Federal Reserve chairman taking the reins at the U.S. central bank later this month.
U.S. hiring slowdown could be great for bitcoin — unless wages spoil the party -
Your day-ahead look for May 8, 2026
Coinbase blames AWS for hours-long crypto trading outage -
Coinbase says the outage has been fully resolved but that it will investigate the incident fully.
Bitcoin retreats below $80,000, liquidating $300 million in futures bets -
BTC fell under $80,000 after U.S. strikes in Iran sent oil briefly above $100, triggering liquidations and a shift toward bearish positioning.
Stablecoin card spend is growing 100% year over year, Rain exec says -
Stablecoin settlement enables weekend/holiday settlement, reducing trapped capital by over 40%. This improves card economics and financial flexibility for issuers.
Bitcoin shows 2-cent price on Revolut as users report apparent BTC display glitch -
Screenshots showed BTC briefly far below global market prices, though it remains unclear whether any trades were executed at those levels or whether the move was a display issue.
S&P 500 call options volume surges to record $2.6 trillion. Here's what it means for bitcoin -
As Wall Street chases upside in stocks like never before, the implications for bitcoin appear bullish, though with an important caveat.
bitcoin.com
Coinbase Points to Multi-Zone AWS Failures Behind Outage -
Coinbase said AWS failures disrupted core trading services after errors spread across multiple zones. The company traced the outage to use1-az4 in AWS’s US-EAST-1 Region. Coinbase Points to AWS Failures After Trading Services Went Down Crypto exchange Coinbase (Nasdaq: COIN) disclosed through Coinbase Support that a May 7 outage disrupted core trading services after failures […]
Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law -
Iowa now requires crypto ATM operators to obtain money transmission licenses and comply with expanded state reporting and oversight requirements. The law also broadens enforcement authority, including penalties of up to $100,000 for violating injunctions tied to digital financial asset kiosk enforcement actions. Iowa Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna […...
Metalpha Related Wallet Offloads $20M in ETH to Binance Amid Whale Sell-off -
A wallet address associated with crypto investment firm Metalpha has moved nearly $20 million worth of ether into Binance, adding fresh selling pressure on a token already contending with bearish sentiment. Large Exchange Inflow Signals Potential Sell-off A wallet identified by Lookonchain as being tied to Metalpha, a Hong Kong-based crypto asset management firm, transferred […]
Mysterious Whale Buys $6.67M in ETH Following False Erik Voorhees Link -
A mysterious crypto whale, previously tagged by on-chain analysts as industry veteran Erik Voorhees, added another $6.67 million in ether to a position that has already accumulated more than $266 million worth of the token. Voorhees, however, explicitly denied ownership of the address. Massive Accumulation Adds to $266M Position A crypto whale identified by onchain […]
Tether Freezes $515 Million in USDT Across 371 Addresses in 30 Days -
Tether has blacklisted 371 addresses and frozen approximately $515 million worth of USDT across the Ethereum and Tron networks over the past 30 days, new data shows. Escalating Compliance Measures According to data from Blocksec’s USDT Freeze Tracker, Tether blacklisted 371 addresses on Ethereum and Tron combined. Of those, 329 freeze actions were executed on […]
Reason
Cato Institute
Tenth Amendment Center
Founding Felons: Jefferson Would Be on a Watch List Today -
What we’re dealing with today is a government that wants to suppress dangerous words—words about its warring empire, words about its land grabs, words about its militarized police, words about its killing, its poisoning and its corruption—in order to keep its lies going.
The post Founding Felons: Jefferson Would Be on a Watch List Today appeared first on Tenth Amendment Center.
This Isn’t Anti-American. It’s a Right and a Duty. -
“Alter or abolish” Despite those words in the Declaration of Independence, the establishment today would have you believe that any effort to resist their power is “anti-American.” But they have it backwards. On this episode - it’s the founders’ framework, the right to “provide new guards” - and when that rises to the level of duty.
The post This Isn’t Anti-American. It’s a Right and a Duty. app...
The Most Dangerous “Weapon” We Face -
Ignoring the limits of the Constitution because you don’t like the results you’ll get? George Washington called that a WEAPON to destroy freedom.
The post The Most Dangerous “Weapon” We Face appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Milestone 1.0.0 Release of APK Downloader `apkeep` Powers Research on Android Apps -
Last week, we released apkeep version 1.0.0, the latest edition of our command-line Android package downloading software. Rather than indicating major changes for the project, this milestone instead signifies arriving at a relatively stable and mature place after gradual iteration on the project over the course of over four years.
What’s New in 1.0.0
We do have a few fresh features we’ve packed...
👎 California's Terrible, No Good, Very Bad Social Media Ban | EFFector 38.9 -
We'd all like the internet to be a better place—for kids and adults alike. But in the name of online safety, governments around the world are racing to impose a dangerous new system of control. Are age gates the silver bullet to the internet's problems they're being promoted as? Or are we being sold a bill of goods? We're answering this question and more in our latest EFFector newsletter.
JOIN ...
The SECURE Data Act is Not a Serious Piece of Privacy Legislation -
The federal SECURE Data Act is not a serious consumer privacy bill, and its provisions—if enacted—would be a retreat from already insufficient state protections.
Republicans on the House Energy and Commerce Committee released a draft of the bill late last month without bipartisan support. The bill is weaker than congressional proposals in prior years, as well as most of the 21 state consumer pr...
The Institute For Justice - Press Releases
Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance -
Arlington, Va.—Today, Colorado State Sens. Judy Amabile and Lynda Zamora Wilson announced that their bill, SB26-070, will not be moving forward this year. The bill, […]
The post Institute for Justice Promises to Continue Fight for Privacy Rights After Legislation on Automated License Plate Readers Fails to Advance appeared first on Institute for Justice.
Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury -
WASHINGTON—The U.S. Supreme Court will consider a lawsuit challenging the constitutionality of courts where agency employees serve as prosecutor, judge, and jury. The government petitioned […]
The post Supreme Court to Hear Family Farm’s Case Challenging Agency Court that Acts as Prosecutor, Judge and Jury appeared first on Institute for Justice.
Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech -
MADISON, Wis.—Jim Masterson has been working with animals for almost 30 years. It’s more than just a job for him; it’s a passion he’s had […]
The post Equine Body Work Teachers Sue State of Wisconsin in Federal Court for Violation of First Amendment Right to Occupational Speech appeared first on Institute for Justice.
Second Amendment Foundation
TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP -
BELLEVUE, Wash. — April 24, 2025 — The Second Amendment Foundation (SAF) is pleased to announce that Taurus Holdings Inc. has renewed their commitment to the organization as a Platinum-level corporate partner. “At Taurus, we believe that the right to keep and bear arms is fundamental to the American way of life,” said Taurus USA
The post TAURUS RENEWS PLATINUM-LEVEL CORPORATE PARTNERSHIP appear...
CA NON-RESIDENTS CAN APPLY FOR CARRY PERMIT STARTING APRIL 22 -
BELLEVUE, Wash. — April 22, 2025 — Thanks to a preliminary injunction in the Second Amendment Foundation’s (SAF) case CRPA v. LASD, starting Tuesday, April 22, non-resident SAF members can apply for a California carry permit. The injunction requires that California accept permit applications from any United States resident outside the state who is a
The post CA NON-RESIDENTS CAN APPLY FOR CARR...
SCOTUS DENIES CERT IN WORTH, SAF WIN IN EIGHTH CIRCUIT STANDS -
BELLEVUE, Wash. — April 21, 2025 — In a case that could potentially have far-reaching implications for similar lawsuits across the nation, the U.S. Supreme Court has denied Minnesota’s Petition for Writ of Certiorari in Jacobson v. Worth, the Second Amendment Foundation’s (SAF) challenge to the 18-20-year-old carry ban in the state. Minnesota asked the
The post SCOTUS DENIES CERT IN WORTH, SAF ...
Gun Owners of America
NH: Senators Must Deliver on Campus Carry TOMORROW -
New Hampshire gun owners are hearing disturbing rumors that another so-called “gun rights advocacy” organization is preparing to hand out A+ endorsements to lawmakers regardless of whether or not they actually support Campus Carry. That is unacceptable. If politicians want the support of gun owners, they need to earn it by taking real votes to defend the Second Amendment, not by hiding behind e...
PA: URGENT: Constitutional Carry VOTE Tomorrow! (05/06/2026) -
Your action is required right away! TOMORROW, the Senate Judiciary Committee is scheduled to take up Senate Bill 357—the Constitutional Carry bill. Sponsored by our longtime ally, Senator Chris Dush, SB 357 would finally recognize that your right to protect yourself and your family is not a privilege granted by the government. Rather, it is a GOD-GIVEN RIGHT enshrined in … Read more
PA: SB 822, Strengthen Preemption, Heads to Senate Floor -
Accountability is coming for Rogue Cities (SB 822 Update) Your relentless pressure worked! The Senate Local Government Committee reported SB 822 on a 7-3 vote today. This brings us one massive step closer to strengthening Pennsylvania’s firearms preemption law and holding lawless local governments accountable. For years, “gun grabbers” in cities like Philadelphia and Pittsburgh have treated our...
Banking Dive
American Banker
Bitcoin's Overton window of opportunity is closing -
The 21st century financial system that digital currency promised is being built, but by banks, not by the bitcoin crowd.
Economy added 115,000 jobs in April despite mixed signals -
Employers hired an additional 115,000 workers in April, while unemployment remained unchanged at 4.3%. Despite the positive headline figure, a spike in newly unemployed workers and a rising number of underemployed workers suggests instability under the surface.
The banking industry is not ready for a world of AI-boosted hackers -
The revelation that Mythos, the latest version of Anthropic's Claude large language model, can unearth unknown vulnerabilities in computer systems and websites is a crisis moment, especially for community banks.
Georgia bank saw increase in problem SBA loans before it failed -
Almost 60 SBA loans originated by Community Bank & Trust — West Georgia were classified as noncurrent, according to Small Business Administration records. Last week, Community became the second U.S. bank to fail in 2026.
Fed's Cook: Tokenization won't replace traditional finance -
Federal Reserve Gov. Lisa Cook said Friday that she believes tokenization could improve efficiency across the financial system, including faster settlement times and more effective recordkeeping. But those advantages will take place within traditional finance rather than supplanting it, she said.
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