Kitco News
Gold, silver lower in choppy, volatile trading -
(Kitco News) - Gold and silver prices are lower and in the middle of their wide daily trading ranges in midday U.S. trading Monday, after dropping to four-week lows overnight and in the aftermath of last Friday’s record-setting session.
Gold investors are rattled, but the selloff will build a stronger foundation - Metals Focus -
(Kitco News) - Gold’s dramatic pullback amidst its record-setting rally has rattled markets, but according to Metals Focus, the recent turbulence should not be mistaken for the end of the bull market.
Gold selloff sparked by Fed certainty, not Warsh selection, silver is ‘always a death trap’ – StoneX’s O’Connell -
(Kitco News) – Friday’s dramatic metals selloff – the largest liquidity event in market history – was catalyzed by sudden clarity about the future of the Federal Reserve, according to Rhona O’Connell, Head of Market Analysis for EMEA & Asia at StoneX.“Main hook for the correction? Friday’s announcement of the nomination for Fed Chair,” she wrote in a note on Monday. “I don’t think the fac...
Gold prices holding support at $4,700 as ISM Manufacturing PMI sees sharp increase -
(Kitco News) - The gold market is testing support near $4,700 an ounce and is holding the line even as the U.S. manufacturing sector sees better-than-expected activity in January, supporting economic growth in the new year.
Bitcoin February 2 daily chart alert - Bears in firm control amid price downtrend -
(Kitco News) - Monday, February 2--February bitcoin futures prices are lower and hit another contract low and new low for the year in early trading Monday.
Price recoveries in gold, silver but for how long? -
(Kitco News) - Gold and silver prices are higher in early U.S. trading Monday, after dropping to four-week lows overnight and in the aftermath of Friday’s record-setting session that has the entire global marketplace edgy to start the trading week and the month.
Gold market analysis for February 2 - key intra-day price entry levels for active traders -
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Wall Street entertains every possibility after gold’s wild ride, Main Street maintains its bullish bias despite new Fed head -
The latest Kitco News Weekly Gold Survey showed Wall Street with a wide range of opinions and no consensus on gold’s near-term prospects, while Main Street investors maintained their bullish majority bias.
Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction -
(Kitco News) - Gold and silver’s historic selloff on Friday feels almost fitting after what has been a historic month and start to the year.
Gold, silver selloff was inevitable after January's explosive rally, but broader trend remains intact -
(Kitco News) - While the headline price action in gold and silver is shocking, as prices have dropped more than 10% and 30% respectively ahead of the weekend, analysts said this volatility is not surprising because both precious metals had become significantly overextended.
Zero Hedge
Schools Closed For 8th Day Across Multiple States As Cold Weather Persists -
Schools Closed For 8th Day Across Multiple States As Cold Weather Persists
Authored by Zachary Stieber via The Epoch Times,
Superintendents are keeping schools closed to students across multiple states on Feb. 2 as cold weather persists, leaving some roads and sidewalks difficult to navigate.
Officials in Montgomery County, Maryland; Fairfax County, Virginia; and Winston-Salem/...
What Corporate America Is Saying About AI Adoption On Earnings Calls -
What Corporate America Is Saying About AI Adoption On Earnings Calls
With roughly 50% of the S&P 500's market capitalization having reported results so far this earnings season, we are focusing on what companies are saying about artificial intelligence on earnings calls.
To do that, we lean on Goldman analysts led by Ben Snider, who track executive commentary focused on AI adoption...
Bill Maher Torches Virtue-Signaling Lefty Celebs For Ditching Causes Once They're Not The 'Current Thing' -
Bill Maher Torches Virtue-Signaling Lefty Celebs For Ditching Causes Once They're Not The 'Current Thing'
After another awards show shitshow of anti-Trump-ism at The Grammy's, Bill Maher has had it with Hollywood’s relentless virtue signaling, and during his latest monologue on his HBO show Real Time with Bill Maher.
And he really let the glitterati have it.
Maher, a leftist l...
US NatGas Futs Suffer Biggest One-Day Decline Since 1996 As Weather Models Flip Warmer -
US NatGas Futs Suffer Biggest One-Day Decline Since 1996 As Weather Models Flip Warmer
Update (1350ET):
US natural gas futures tumbled on Monday as the latest weather models pointed to warmer conditions across the Lower 48, following several miserable weeks of winter that sent NatGas spot prices soaring due to freeze-offs and spiking power prices amid surging heating demand.
Th...
Devon And Coterra To Create Shale Giant In $58-Billion Merger Deal -
Devon And Coterra To Create Shale Giant In $58-Billion Merger Deal
By Tsvetana Paraskova of OilPrice.com
Devon Energy and Coterra Energy announced on Monday a definitive agreement to merge and create a premier shale operator in an all-stock transaction, implying a combined enterprise value of about $58 billion.
The deal, announced today after weeks of speculation, would create ...
Conservative Hardliner Elected President Of Costa Rica -
Conservative Hardliner Elected President Of Costa Rica
High on the minds of Costa Rican voters as they went to the polls on Sunday was undoubtedly the surge in drug-related violence across the otherwise stable Central American country, which has been a trend for the region generally.
Conservative candidate Laura Fernandez by Monday morning was able to quickly declare victory in th...
What's The Warsh That Could Happen? -
What's The Warsh That Could Happen?
By Benjamin Picton, Senior Market Strategist at Rabobank
The DXY is dealing firmer this morning and precious metals continue to be flogged like the family silver after Donald Trump confirmed the nomination of Kevin Warsh as incoming Fed Chair. In defiance of the President’s oft-stated preference, markets are convinced that Warsh is a hawk. Conseq...
Trump Slashes India Tariffs After Modi Agrees To Drop Russian Oil, Go Full 'BUY AMERICAN' -
Trump Slashes India Tariffs After Modi Agrees To Drop Russian Oil, Go Full 'BUY AMERICAN'
In a huge Monday development, President Trump has announced the US will trim its punitive 25% tariff on Indian imports to 18% after striking what he hailed as a new "trade deal” with Indian Prime Minister Narendra Modi. Crucially it hinges on New Delhi having reportedly ended its purchases of ...
The Market Cycles Potentially Driving 2026 Returns -
The Market Cycles Potentially Driving 2026 Returns
Authored by Lance Roberts via RealInvestmentAdvice.com,
Market cycles are once again at the center of the investment narrative as we head into 2026. The optimism is familiar as earnings held up in 2025, the economy avoided recession, and big tech lifted the indexes. However, those victories are already reflected in the price. As w...
This Weeks Jobs, JOLTS Reports To Be Delayed Due To Govt Shutdown -
This Weeks Jobs, JOLTS Reports To Be Delayed Due To Govt Shutdown
Here we go again.
The government shutdown, which should be lifted in 24-48 hours once the House votes (we reported yesterday that Mike Johnson allegedly has the votes to pass the vote), is again jamming the machinery of government data reporting.
The BLS has pushed back the January 2026 jobs report, originally s...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
Friday's jobs report will be delayed because of the partial government shutdown -
Following last year's record shutdown, the BLS also was forced to delay a number of its releases.
From PopMart to JD.com: Britain and China rush to forge business deals as diplomatic thaw takes hold -
Chinese firms moved to pledge hundreds of millions of investment in the U.K. as Starmer's visit to China spurred a flurry of business deals and money flows.
China's factory activity grows at fastest pace since October, private survey shows, beating official reading -
The RatingDog China General Manufacturing PMI, rose to 50.3 in January from 50.1 the previous month, in line with analysts' expectations in a Reuters poll.
Hassett praises Trump's pick of Warsh to lead Fed, says he has his 'dream job' already -
The NEC director, once considered a clear frontrunner for the next Fed chair, said he is fine with his current role.
Wealth inequality and the 'K-shaped' economy are more striking than ever, data shows -
The K-shaped economy is as apparent as ever and isn't going away anytime soon, economists say.
GATA
Eldorado Gold to buy Foran Mining in $2.8 billion deal to deepen copper exposure -
From Reutersvia MSN News, Redmond, WashingtonMonday, February 2, 2026
Eldorado Gold will acquire Canada's Foran Mining in a deal valuing the copper-focused developer at about C$3.8 billion ($2.79 billion), adding a second near-term growth project and increasing its exposure to copper.
The deal, announced by the companies today, expands Eldorado's production at a time of strong gold prices and r...
Retail demand for gold remains strong in Singapore, Sydney, Thailand -
Singaporeans Queueing Up to Buy the Dip in Gold Despite Rout
By Chanyaporn Chanjaroen, Sing Yee Ong, and Nasteho SaidBloomberg Newsvia The Business Times, SingaporeMonday, February 2, 2026
People were still queueing up to buy gold in Singapore today even as prices plummeted, showing the extraordinary resilience in retail demand for precious metals.
At the headquarters of UOB, Singapore's only b...
Matthew Piepenburg: Making sense of the nonsense of 'Silver Friday' -
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichMonday, February 2, 2026
On Friday, January 30, the world learned (or rediscovered) just how grotesquely rigged the paper gold and silver markets truly are.
Despite no change whatsoever in global supply and demand forces, silver went from a $120 near-high on Thursday to a $78 low on Friday, marking this as the largest single-day crash (...
Stuart Englert: Nothing has diminished the case for holding monetary metals -
By Stuart EnglertStuart Englert's SubstackSunday, February 1, 2026
Major price drops in gold and silver, like the massive smash down last Friday, reveal a lot about buyers and holders of the monetary metals.
Newcomers and momentum traders panicked on Friday, fearing the sky had fallen on their jackpot hopes and get-rich dreams. Many were chasing profits as gold and silver prices soared to repea...
China is on a 'strong currency' mission to make the yuan a global reserve, Xi says -
By He HuifengSouth China Morning News, Hong KongSaturday, January 31, 2026
China needs to build a "strong currency" that can become widely used in international trade, investment, and foreign exchange markets, and reach the status of a global reserve.
The mission for the yuan was from excerpts of a speech by President Xi Jinping and published online on Saturday by Qiushi, the ruling Communist P...
Wolf Street
Legal Tender News
Fiat Money vs. Legal Tender: What’s the Difference? -
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Erika Rasure is globally-recognized as a ...
Legal Tender: Definition, Economic Functions, and Examples -
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Amanda Jackson has expertise in personal ...
A bill to make gold and silver legal currency in NH is back for the second year in a row -
Rep. Juliet Harvey-Bolia, R-Tilton, has introduced a bill to make gold and silver legal tender in New Hampshire. Harvey-Bolia argued that gold and silver can hedge against inflation and allow people ...
OpEd: On Gold, Silver as Our Legal Tender -
Other states are testing parallel currencies, but legal, political and fiscal roadblocks make the idea nearly impossible in the Golden State. Imagine walking into your local coffee shop in Los Angeles ...
Eleven states recognize gold, silver as U.S. currency. Which states are they? -
Louisiana may soon start accepting gold and silver as currency if proposed legislation is enacted by legislators in the Louisiana Legislature. Eleven states currently recognize gold and silver coins ...
CoinDesk
Canaan’s Turnaround Gains Steam as Benchmark Doubles Price Target to $4 -
With Nasdaq compliance restored and momentum building in its Avalon mining rigs and self-mining operations, the broker sees renewed upside for Canaan’s shares.
CoinDesk 20 Performance Update: Solana (SOL) Gains 4.5% as Index Trades Higher -
Bitcoin Cash (BCH) was also a top performer, rising 2% from Wednesday.
Digital Asset Treasuries: Bitcoin’s Institutional Test Case -
Digital Asset Treasuries (DATs) are the first laboratories testing how a decentralised asset can operate as productive capital within the architecture of corporate finance, argues Sygnum Bank CIO Fabian Dori.
Plasma Obtains VASP License, Opens Amsterdam Office to Expand Stablecoin Payments in EU -
The firm behind the fast-growing stablecoin blockchain also plans to obtain MiCA and EMI licenses as part of its expansion in Europe.
Gold Token Market Swells to $3.9B as CZ Calls It a 'Trust Me Bro' Asset -
The tokens raise similar concerns to stablecoins, with potential risks around delivery, long-term reliability and the ability to redeem for physical gold.
Ledger Unveils $179 Nano Gen5, Built for Identity in an AI-Driven World -
Alongside, there's the Ledger Wallet, a reimagined version of the company's Ledger Live app, and Ledger Enterprise Multisig, a new platform for institutional asset management.
Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps -
The institutional liquidity provider’s new platform says it will let users exchange stablecoins like USDT and USDC across multiple blockchains without fees.
Crypto Markets Today: Bitcoin, Ether Edge Higher; HyperLiquid Surges on $1B Purchase Plan -
After weeks of turbulence, the crypto market found support Thursday, with Bitcoin and Ether posting modest gains and HyperLiquid’s token HYPE soaring.
Risk Proxies Challenge Bitcoin's Bounce; HYPE, XMR Shine: Crypto Daybook Americas -
Your day-ahead look for Oct. 23, 2025
Revolut Secures MiCA License in Cyprus, Expanding Regulated Crypto Services Across EU -
Fintech giant gains CySEC approval to offer compliant crypto trading across 30 EEA markets under MiCA
bitcoin.com
Bitcoin Recovery Hits $79K, Analysts Caution on Potential Drop to $50K -
Bitcoin rebounded to $79,000 after sliding to a two‑month low of $74,500, lifting its market cap back to $1.57 trillion and the broader crypto market to $2.74 trillion. Gains were supported by easing U.S.–Iran tensions, but analysts remain cautious, citing capital rotation into AI stocks and metals, with some projecting bitcoin could fall to $50,000. […]
Is Kevin Warsh a Hawk, a Dove, or the Next Volcker? Markets Are About to Find Out -
President Donald Trump has nominated former Federal Reserve governor Kevin Warsh to lead the U.S. central bank, instantly reviving an old debate with real market consequences: Is Warsh a hard-money hawk, a quiet dove, or something closer to a modern-day Paul Volcker? Why Kevin Warsh’s Fed Nomination Has Markets Nervous—and Divided The answer matters, because […]
TRON Records 323M Monthly Transactions, Research by CryptoQuant, CryptoRank, Nansen Show ATH Network Activity -
This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, February 2, 2026 — CryptoQuant, CryptoRank and Nansen, leading platforms in blockchain research and data analytics, have released comprehensive reports on the TRON network, highlighting sustained leadership in stablecoin settlement, record network activity, ongoing infrastructure upgrades, and expanding real-world use ca...
ETF Recap: Crypto ETFs End January in Deep Retreat With $1.8 Billion Exit -
Crypto exchange-traded funds (ETFs) closed the final full week of January under heavy pressure, with deep losses across bitcoin, ether, XRP, and solana funds. Persistent risk-off sentiment drove one of the worst weekly drawdowns of the year. January Ends in Pain as Bitcoin, Ether Lead Mass ETF Exodus The final week of January delivered a […]
Blockstream Named Dozens of Times as New Epstein Files Roil the Crypto Conversation -
At the start of February 2026, a massive DOJ dump of Jeffrey Epstein-linked records has recently hijacked the crypto conversation, pulling digital currencies and Blockstream into an unexpected and uneasy spotlight. Epstein Files Reopen Old Questions Around Blockstream as Adam Back Denies Any Financial Link As crypto markets remain under strain, social media attention has […]
Reason
Cato Institute
Tenth Amendment Center
This isn’t America. It’s “Do As You’re Told.” -
The founders fought a long, bloody war to secede from the British - where government held total power, and the people were expected to comply, or die. The views they held EVEN before shots were fired - that’s what America is supposed to be. On this episode, it’s the story of the REAL American Revolution
The post This isn’t America. It’s “Do As You’re Told.” appeared first on Tenth Amendment Cen...
Was Elbridge Gerry the “Federal Farmer”? -
The Letters from the Federal Farmer to the Republican are among the most highly regarded productions of Antifederalist literature.
The post Was Elbridge Gerry the “Federal Farmer”? appeared first on Tenth Amendment Center.
Usurpation: Weapon to Destroy Freedom -
Usurpation, as the founders used the word, is the exercise of unauthorized, illegal, unconstitutional power. Or to put it more bluntly, stealing power from its rightful source.
The post Usurpation: Weapon to Destroy Freedom appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
EFF to Close Friday in Solidarity with National Shutdown -
The Electronic Frontier Foundation stands with the people of Minneapolis and with all of the communities impacted by the ongoing campaign of ICE and CBP violence. EFF will be closed Friday, Jan. 30 as part of the national shutdown in opposition to ICE and CBP and the brutality and terror they and other federal agencies continue to inflict on immigrant communities and any who stand with them.
We...
Introducing Encrypt It Already -
Today, we’re launching Encrypt It Already, our push to get companies to offer stronger privacy protections to our data and communications by implementing end-to-end encryption. If that name sounds a little familiar, it’s because this is a spiritual successor to our 2019 campaign, Fix It Already, a campaign where we pushed companies to fix longstanding issues.
End-to-end encryption is the best w...
Google Settlement May Bring New Privacy Controls for Real-Time Bidding -
EFF has long warned about the dangers of the “real-time bidding” (RTB) system powering nearly every ad you see online. A proposed class-action settlement with Google over their RTB system is a step in the right direction towards giving people more control over their data. Truly curbing the harms of RTB, however, will require stronger legislative protections.
What Is Real-Time Bidding?
RTB is th...
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 HB 1909 – PFA Expansion Threatens Gun Rights -
PFA Expansion Vote on House Floor Early Next Week The anti-gun Democrats in Harrisburg have quietly slipped through HB 1909, a bill that weaponizes Pennsylvania’s Protection From Abuse (PFA) orders to strip citizens of their firearm rights — even when guns aren’t involved. The House floor vote will likely occur early next week. If this bill passes, PFAs — orders … Read more
TX: Meet your Representative at the Range -
I am reaching out to you today because two Texas House races in Bexar County will play a major role in determining the future of the Second Amendment in Texas. Gun Owners of America Texas is proud to endorse Rep. Tony Dorazio (HD-122) and Rep. Marc LaHood (HD-121) — two proven, principled leaders who have demonstrated they will stand firm against gun control and fight for … Read more
TX: SD 9 Election Day Tomorrow -
This is the final reminder for the Special Election in Texas Senate District 9 — and your vote will directly impact the future of your rights and freedoms. Special elections are decided by turnout. In races like this, a very small number of votes can determine the outcome. Gun Owners of America Texas proudly endorses Leigh Wambsganss for SD 9 because she has a proven … Read more
Banking Dive
Flagstar returns to profitability -
Two years after commercial real estate loans sent the bank into a spiral, the Long Island-based lender is “pivoting to the growth side of the story,” its CFO said Friday.
Chicago bank first to fail in 2026 -
An Illinois regulator closed Metropolitan Capital Bank & Trust on Friday, and the FDIC sold the majority of its assets to Detroit-based First Independence Bank.
Frost Bank stays the course amid Texas M&A spurt -
The San Antonio-based lender has “zero interest” in M&A, CEO Phil Green said – so much so that he said no one approaches him anymore. “They know I’m not in that game.”
Charles Schwab banking unit CEO to retire -
Tyler Woulfe, managing director of banking and trust services, will replace bank CEO Paul Woolway, who will retire July 1. Schwab's CIO and top wealth executive will also see added responsibility.
Florida credit union sues Fiserv, alleging lax cybersecurity -
FiCare Federal Credit Union said hackers breached an online banking platform that Fiserv provides and stole members’ money. The credit union alleges Fiserv then told customers it would charge them for a security upgrade.
American Banker
Bank of International Settlements
The perils of narrowing fiscal spaces -
by Hanno Kase, Leonardo Melosi, Sebastian Rast, Matthias RottnerWhen public debt is elevated, the fiscal cost of fighting inflation rises sharply, as interest rate hikes increase government interest expenditures. We formalize this mechanism in a nonlinear New Keynesian model with a state-dependent fiscal constraint on monetary policy. High debt may dampen the monetary response to inflation, gen...
Money as a coordination device: some historical lessons -
Keynote speech by Mr Hyun Song Shin, Economic Adviser and Head of the Monetary and Economic Department of the BIS, at the 14th ILF Conference on the Future of the Financial Sector, 27 January 2026.
Project FuSSE: Exploring flexible, scalable and secure settlement engines -
This report details the findings from Project FuSSE (Fully Scalable Settlement Engine), a proof-of-concept exploring how a modular, microservices-based architecture could support the design of settlement systems that could scale under sustained growth and stress conditions, adapt to change, and strengthen security through quantum readiness and cryptographic agility.
Federal Reserve - Press Releases
FDIC - Press Releases
Press Release: First Independence Bank, Detroit, Michigan, Assumes All Deposits of Metropolitan Capital Bank & Trust, Chicago, Illinois -
PRESS RELEASE | JANUARY 30, 2026
First Independence Bank, Detroit, Michigan, Assumes All Deposits of Metropolitan Capital Bank & Trust, Chicago, Illinois
...
Press Release: FDIC Publishes Enforcement Orders for December 2025 -
PRESS RELEASE | JANUARY 30, 2026
FDIC Publishes Enforcement Orders for December 2025
WASHINGTON - The Federal Deposit Insurance Corporation (FDI...