Kitco News
Gold steadies near $4,000 as chip selloff hits equities - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Friday, as short covering helped metals stabilize after Thursday’s break while firm Treasury yields, a stronger U.S. dollar and elevated oil prices kept the broader tone defensive.
Wall Street breaks bearish, Main Street sentiment still split after gold struggles to maintain $4,000 support amid summer doldrums -
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold’s near-term prospects, while Main Street sentiment remained divided and indecisive after the yellow metal repeatedly tested the $4,000 support level.
Markets will find out next week how firm $4,000 is as a floor for gold -
(Kitco News) - Despite easing inflation pressures, gold is ending the week with another loss as it tries to hold support at $4,000 an ounce.
Spot gold hits session high near $4,000/oz after preliminary Consumer Sentiment rises to 54.4, one-year inflation expectations ease -
(Kitco News) - The gold market is trading near session highs after the latest data showed consumer sentiment in the U.S. improving, with shorter-term inflation expectations easing.The University of Michigan announced on Friday that the preliminary reading of its Consumer Sentiment survey for July was 54.4. The data was better than expectations, as the consensus forecast of economists calle...
Gold steadies, silver weakens as yields cap inflation-data relief - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are slightly higher and spot silver prices are weaker ahead of the North American market open Friday, as traders weighed this week’s softer inflation data against resilient U.S. economic readings, firm Treasury yields and renewed Strait of Hormuz risk.
Gold remains under pressure as U.S. housing starts rise 19% in June -
(Kitco News) - Gold prices remain trapped below $4,000 an ounce and have been unable to attract any significant safe-haven demand despite persistent uncertainty in the U.S. housing sector, which threatens to weigh on economic activity through the second half of the year.
Gold breaks $4,000 as yields rise, Fed-rate relief fades - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Thursday, as resilient U.S. economic data, firmer Treasury yields and a stronger U.S. dollar overwhelmed support from this week’s softer inflation reports and renewed Strait of Hormuz risk.
China's AI ambitions could make platinum the next strategic precious metal after gold - WPIC -
(Kitco News) - China has already cemented its position as one of the world's most important gold markets, and the country's next wave of industrial investment could elevate platinum to a similarly strategic role as artificial intelligence and clean energy reshape global demand, according to the latest report from the World Platinum Investment Council.
Strong retail sales mask widening K-shaped economy as consumer financial stress mounts -
(Kitco News) - The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data point to mounting financial stress for many households.
‘We have a plan to go overweight gold again’ – Fidelity’s Samson predicts return to bull market in 2027 -
(Kitco News) – The key trends that drove gold to an all-time high of $5,600 per ounce earlier this year remain in place, and the yellow metal will resume its bull market run in 2027, justifying a move from neutral back to overweight gold in investor portfolios, according to Ian Samson, multi-asset portfolio manager at Fidelity International.“We have a plan to go overweight gold again,” Samson s...
Zero Hedge
When Socialists Tell You Who They Are, Believe Them -
When Socialists Tell You Who They Are, Believe Them
Authored by Jim Davis via AmericanThinker.com,
In a Zoom video call in 2023, a leader of the Democratic Socialists of America said, “Our goal is communism.” It was published as part of a compilation in April 2026.
None of the Democratic Socialists disavowed it. Nobody posted a “clarifying statement” distancing the DSA from t...
Israel Advances Plan For Palestinian Prisons With Crocodile-Filled Moats -
Israel Advances Plan For Palestinian Prisons With Crocodile-Filled Moats
Via Middle East Eye
The Israeli government has stripped Nile crocodiles of their protected status, paving the way for a proposal to build a detention facility for Palestinians surrounded by the reptiles, Israeli media reported on Thursday.
Environment Minister Idit Silman signed a decree on Wednesday reclass...
Russia Expresses Alarm Over Deepening NATO-South Korea Ties -
Russia Expresses Alarm Over Deepening NATO-South Korea Ties
Moscow and Pyongyang have quite obviously deepened their relations in unprecedented ways over the past years since the Ukraine war began, and this has been most on display with the transfer of thousands of North Korean troops in support of Russian forces, and DPRK soldiers even losing their lives while fighting Ukraine.
S...
Fake Records May Have Put Untrained Drivers On America's Roads -
Fake Records May Have Put Untrained Drivers On America's Roads
Authored by David Manney via PJMedia.com,
Fake training records can move an unprepared driver one step closer to a commercial license.
Transportation Secretary Sean Duffy and Homeland Security Secretary Markwayne Mullin are now investigating about 75 entry-level driver training schools suspected of doing exactly tha...
$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates -
$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates
While the Pentagon publicly clings to a $30 billion price tag for its war against Iran, internal Defense Department assessments (unsurprisingly) paint a far more staggering picture: the true cost is rapidly closing in on the $80 billion to $100 billion range, according to NBC News.
The Pentagon's Off...
Why Washington Is Challenging The International Criminal Court -
Why Washington Is Challenging The International Criminal Court
Authored by William Brooks via The Epoch Times,
Secretary of State Marco Rubio’s recent announcement of a “whole-of-government” campaign to challenge the International Criminal Court (ICC) has generated predictable discourse worldwide.
The Trump administration is applying diplomatic pressure on allied governments to...
Organized Insanity: Why ICE Shootings Are Usually Justified -
Organized Insanity: Why ICE Shootings Are Usually Justified
It has been noted by many deportation advocates that the enforcement of basic immigration laws has always been a responsibility of government. It's not a new, unique, bizarre or despotic policy - It's simply common sense. However, in the past decade, the common sense enforcement of the law is being treated like a humanit...
California Grocery Stores Use Facial Recognition Technology To Combat Theft -
California Grocery Stores Use Facial Recognition Technology To Combat Theft
Via American Greatness,
Faced with a shoplifting epidemic that has battered California retailers for years, Grocery Outlet is fighting back with technology.
Customers are not thrilled about it.
The Emeryville-based discount grocery chain has begun installing facial recognition software called SAFR at ...
Hard Evidence: Prosecutor Accused Of Having Romantic Relationship With Illegal Immigrant -
Hard Evidence: Prosecutor Accused Of Having Romantic Relationship With Illegal Immigrant
Authored by Zachary Stieber via The Epoch Times,
A prosecutor in Missouri had a romantic relationship with an illegal immigrant being prosecuted for sexual assault, Missouri's attorney general said on July 16.
A gavel in a file photograph. Demetrius Freeman/Pool/Getty Images
Ray County Prosec...
Humanoid Loses Its Head In World's First Full-Size Robot Combat Tournament... And Keeps Fighting -
Humanoid Loses Its Head In World's First Full-Size Robot Combat Tournament... And Keeps Fighting
A humanoid robot was knocked headless during the world's first free-combat tournament for full-sized machines, but that didn't stop it from swinging, Newsweek reports.
The bizarre scene unfolded at the Ultimate Robot Knock-out Legend (URKL) competition, which kicked off Thursday in She...
MarketWatch - Top Stories
CNBC Top News
Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs -
The smoke coming from active wildfires in Canada has led to unhealthy air quality in swaths of the U.S., which could affect the World Cup final in New Jersey.
Inside the Chinese fraud rings stealing billions from banks and retailers -
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
The White House is dictating access to frontier AI models, shifting power from tech giants, sources say -
The Trump administration is taking steps to control who gets access to the latest frontier models, people familiar with the matter told CNBC.
Taco Bell says it has removed lettuce linked to cyclosporiasis outbreak from its restaurants -
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds -
The public is as depressed about the economy as it has been since the years just after the pandemic, according to the All-America Economic Survey.
CNBC Economy
GATA
Bloomberg begrudgingly acknowledges gold's strong performance -
11:26a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
What's notable about the commentary below, "A Believer's Guild to Buying Gold Now," isn't anything asserted in the commentary itself but that it was first published today on the Bloomberg news internet site, which long has treated gold only with great resentment.
... Dispatch continues below ...
... ADVERTISEMENT ...
Fisher Precious...
Gold price fall is a 'feint' by central banks to cover their own purchases, Piepenburg says -
9:24a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
Von Greyerz Gold Switzerland partner Matthew Piepenburg, commenting this week during Rick Rule's Symposium in Boca Raton, Florida, says governments and central banks have engineered the recent decline in gold prices to facilitate their own urgent acquisition of metal amid a "sea change" in the world's financial system. The price decli...
New Trump 'gold coin' won't contain any gold -
Trump Dollar 'Gold Coin' to Go into Production
By Gareth Vipers and Richard RubinThe Wall Street JournalWednesday, July 15, 2026
President Trump has added his name or likeness to federal buildings, an airport, bridges and even some passports. Now the U.S. Mint is striking a one-dollar coin featuring his face, in a rare and controversial move to put a sitting president on American money.
Treasur...
China takes control of physical gold pricing by month end, Maguire says -
5:26p ET Thursday, July 16, 2026
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program that China's physical gold market based in Shanghai and Hong Kong is ready to replace the "paper" gold system based in London and New York and, in effect, give gold backing not just to the Chinese yuan but also to the Russi...
Ghana president's brother maneuvers to seize big gold project -
By Jonathan ClaytonMiningMX, Rivonia, South AfricaWednesday, July 15, 2026
A company owned by the billionaire brother of Ghana's president is accused of waging a campaign of "industrial espionage" to seize a major gold project from international investors, according to allegations supported by leaked emails seen by Miningmx.
The emails, which have been reviewed by this publication, appear to sh...
Wolf Street
CoinDesk
Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on -
Polymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.
Stripe and Swift race to control the next generation of global payments infrastructure -
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
Cardano hands core development to outside teams in decentralization push -
Input Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.
Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance -
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
Japan's SBI Group is building Asia's first cross-border digital asset empire -
The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.
Bitcoin faces fresh headwinds as China’s Kimi beats Claude, GPT in coding benchmark -
Moonshot's Kimi K3 took the top spot in frontend coding away from Claude and OpenAI, and it's free. Semiconductor stocks fell, and crypto fell with them.
AI frenzy losing steam leaves bitcoin less volatile than South Korean stocks -
Your day-ahead look for July 17, 2026
Live markets: Bitcoin returns to $63,000 as Nasdaq trims large early loss -
A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 level it reached on this week's soft inflation print.
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto -
Crypto fell as AI stock fatigue and U.S.-Iran tensions weighed on sentiment, though a technical measure hints at oversold conditions heading into the weekend.
Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization -
Brian Chesky regained control of his account and told any new crypto followers he would be a "disappointing follow".
bitcoin.com
T. Rowe Price Launches Active Spot Crypto ETF With BTC, ETH, XRP Among Top Holdings -
T. Rowe Price, which manages $1.89 trillion in client assets, has launched TKNZ, an actively managed multi-token spot exchange-traded fund (ETF) offering exposure to bitcoin, ether, XRP, and other leading cryptocurrencies. Active Management and Multi-Token Crypto Portfolios T. Rowe Price, which manages $1.89 trillion in client assets, announced on July 16, 2026, that its Active […]
Underdog Files First 7 Sports Contracts for Its Own Prediction Exchange -
Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17, moving Underdog closer to controlling its own contracts rather than relying exclusively on outside exchanges. Underdog moves from distributor to exchange operator Underdog’s newly acquired […]
Nigerian President Tinubu Signs Executive Order to Regulate Country’s Crypto Sector -
Nigerian President Bola Tinubu has signed an executive order on virtual assets to address a fragmented regulatory landscape and protect citizens from fraud. Addressing Regulatory Gaps Nigerian President Bola Tinubu has signed an executive order aimed at regulating virtual assets and cracking down on unregistered operators, the government announced on July 17. The order establishes […]
$1.38 Billion in One Month: How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports -
According to Econalitica, an economic consulting firm, Binance P2P volumes reached nearly 1.38 billion USDT between June 11 and July 13, a daily average of 44 million USDT. These numbers represent 75% of the national oil exports’ monthly volumes, underscoring the relevance of crypto markets. USDT Trading Hits Record Levels In Venezuela While Venezuela has […]
Bitcoin Traders Pull BTC Below $63K as Middle East Tensions Trigger Fresh Risk-Off Selling -
Bitcoin fell for a second straight day, dropping 1.4% to trade just under $63,600. It hit a session low of $62,732 early Friday, trimming its market cap and dragging the aggregate crypto market capitalization down 1.8% to $2.26 trillion. Tech Sell-Off and Geopolitical Tensions Weigh on Markets Bitcoin trended lower for a second consecutive day […]
Reason
Site Linking to Abortion-Pill-Selling Websites Likely Protected by First Amendment, Even in States That Generally Ban Abortions -
Mayday Health runs a website that provides various information about abortion pills. South Dakota law provides, in relevant part, No…
The post Site Linking to Abortion-Pill-Selling Websites Likely Protected by First Amendment, Even in States That Generally Ban Abortions appeared first on Reason.com.
A Pipeline Company Seized Their Land and Left Them With a $383,000 Bill. What Will the Supreme Court Say? -
Leonard Hoffmann and his neighbors in North Dakota went to court to fight for fair market value—as the Constitution promises—after WBI Energy Transmission said it would take their land at a discount.
Vance Exposing Epstein's Intelligence Links on Rogan? Not Quite. -
Robby Soave and Christian Britschgi discuss Donald Trumps' nothing-burger primetime address.
Video Shows Fort Worth Cop Ticketing a Preacher for 'Offensive' Speech at Pride Event -
“The First Amendment does not allow government officials to shut down speech simply on account of it being ‘offensive,’” says a legal expert at FIRE.
"Are LLMs Stifling Political Speech? An Assessment of How AI Models Protect Free Expression" -
A new report from Meta's Oversight Board.
Short Circuit: An inexhaustive weekly compendium of rulings from the federal courts of appeal -
Financial surveillance, impaired contracts, and games of gotcha.
Helpful Judges -
A footnote from today's D.C. Circuit opinion by Judge Justin Walker in U.S. v. Littlejohn; the underlying issue was whether…
The post Helpful Judges appeared first on Reason.com.
This Biotech Company Has Spent Nearly 3 Years in FDA Limbo -
The FDA says it can't license Regenative Lab's overseas sales today because it might change its regulations tomorrow. Now, the company is suing.
Judge Faults Federal Government Lawyer for Apparent AI Hallucination -
From Judge Hala Jarbou (W.D. Mich.) yesterday in Daghra v. Hinkley: Petitioner, a United States Immigration and Customs Enforcement detainee,…
The post Judge Faults Federal Government Lawyer for Apparent AI Hallucination appeared first on Reason.com.
My New Boston Globe Article on Trump's Bogus Election Fraud Claims -
It explains why Trump is wrong and how federalism can help counter his efforts to subvert the 2026 midterm elections.
Cato Institute
Tenth Amendment Center
Constitution: The REAL Reason it Even Exists. -
The founders knew - freedom cannot exist with a government - that doesn’t have strict rules, a clear line in the sand that it’s not allowed to cross. In other words, when government determines the extent of its own power. On this episode, how lessons learned in the American Revolution gave birth to the written constitution. And more importantly, the real reasons it exists - that the government-...
The Foundation of the Constitution: Top-5 Principles from the American Revolution -
Thomas Jefferson called the 10th Amendment the "foundation of the Constitution," and for good reason too. It enshrines many of the radical principles that sparked the “real American Revolution” in the years before the War for Independence.
The post The Foundation of the Constitution: Top-5 Principles from the American Revolution appeared first on Tenth Amendment Center.
Five Weapons. One Target: Your Freedom. -
The top tools of tyrants aimed right at your liberty. Washington, Webster, Paine, Madison, and more - they saw every one of them coming and warned us. On this Episode - what they use against us and what’s self-inflicted.
The post Five Weapons. One Target: Your Freedom. appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
Victory! Flock Ends Rollout of Audio “Distress Detection” of Human Voices -
Reversing course, Flock Safety—the surveillance technology vendor most known for its extensive network of automated license plate readers—has announced that it will end a pilot for its acoustic gunshot detection devices to identify signs of “human distress.”
In October 2025, EFF warned the public that Flock was rolling out a new feature called “Distress Detection” that would be deployed through...
Your Vision. Your Legacy. Your Future. -
This month, we celebrate 36 years of EFF and a mission that is bigger than any one of us. Thanks to EFF, communities around the world are demanding that technology protects their freedom, advances justice, and opens doors to opportunity. That's not a small thing—it's a life's work worth continuing.
If you are committed to staying on the cutting edge of digital rights issues, I'd like to invite ...
How the Watch Dogs Video Game Series Mirrored and Predicted Real-World Digital Rights Issues -
When Ubisoft's Watch Dogs 2 was released in 2016, it was a headtrip for those of us working on digital-rights issues in the Bay Area. During the day, I'd fight tech-authoritarianism from EFF's San Francisco offices and then, at night, I'd fight tech-authoritarianism in an uncanny simulation of San Francisco from my home gaming console.
Watch Dogs 2 is an open-world video game that follows a h...
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: Which Candidates Will Defend Your Gun Rights? -
The Wyoming Primary Election is quickly approaching, and your vote will help determine who will defend your Second Amendment rights in the years ahead. Gun Owners of America has completed our candidate evaluations and issued letter grades for a number of candidates across Wyoming based on their records, voting histories, responses to GOA’s candidate survey, and demonstrated commitment to protec...
DOJ Fights Us on NFA and GOA Files PA Lawsuit -
From the ATF issuing a new rule, strengthening the definition of “willfully” to protect FFLs and gun owners, to the Department of Justice fighting us on our lawsuit against the NFA’s registration requirements, and filing our latest lawsuit against the State of Pennsylvania… GOA has been busy. You deserve an update. Recently, the ATF issued a new Notice of Proposed Rulemaking indicating they are...
Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer -
Gun Owners of America & Fuerza 2A Endorse Blaise Ingoglia for Florida Chief Financial Officer FOR IMMEDIATE RELEASE July 9, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) and Fuerza 2A proudly endorse Blaise Ingoglia for Florida Chief Financial Officer. Throughout his service in the Florida Legislature, Ingoglia has consistently stood with Florida’s law-abiding gun owners and fought to ...
Banking Dive
American Banker
Kansas bank becomes second in a week to fail, fourth this year -
Small Business Bank in Kansas failed on Friday, the second failure in a week and the fourth failure overall in 2026.
Citizens will stop lending to firms linked to ICE detention -
The regional bank faced months of pressure to end its relationship with CoreCivic and The Geo Group, two of the country's largest private prison operators. On Friday, it said it would "exit the credit facilities" it has in place for those companies, attributing the decision to business factors, not pressure from activists.
Fifth Third says it's using AI to track Comerica conversion -
Banks use artificial intelligence to do many different jobs. At Fifth Third, the technology is supervising the biggest post-merger integration in the bank's history.
How one bank is managing the risk that AI spending dries up -
Amid warnings that a future slowdown in AI capital spending could pose a systemic threat, executives at Regions Financial said they're preparing the same way they would for any other credit concentration.
How advisors can tailor services to clients with ADHD -
ADHD can cause a slew of financial woes for clients, leaving them feeling overwhelmed, frustrated or emotional. Here is how advisors can help them build their confidence and stay on track.
Bank of International Settlements
The evolving nexus: sovereigns, banks and NBFIs -
by Stefan Avdjiev, Bryan Hardy, Maximilian JagerThis paper documents that the traditional sovereign-bank nexus has morphed into a broader nexus that now also includes non-bank financial institutions (NBFIs): the sovereign-bank-NBFI nexus. The classical sovereign-bank nexus has been a major financial stability concern following the eurozone crisis. Since then, sovereign debt levels have increase...
Geopolitical risk and emerging market sovereign risk premia -
by Fredy Gamboa, José Vicente RomeroThis study examines how geopolitical risk (GPR) transmits to sovereign credit risk in emerging market economies (EMEs), using monthly data on the 5-year sovereign credit default swap (SCDS) and the J.P. Morgan Emerging Markets Bond Index (EMBI) spread for 13 EMEs over the period of January 2005–October 2025. Using fixed-effects panel local projections, the fr...
The AI investment race -
by Phurichai RungcharoenkitkulThe AI build-out ranks among the largest technology-driven investment booms in US history. Its scale, reliance on debt and circular equity ties raise questions about the boom's sustainability and financial stability. We study a dynamic contest in which firms competing for a few dominant positions over-commit resources. The over-investment leaves the sector exposed ...
Federal Reserve - Press Releases
FDIC - Press Releases