Kitco News
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...
Gold prices can go lower, but Bank of America suggests buying the dip and averaging down -
(Kitco News) - Bank of America is not giving up on gold, but the bank’s technical analysts are warning investors that the current correction could have further to go. However, they also see lower prices as a buying opportunity.
Disappointing U.S. pending home sales unable to push gold prices higher -
(Kitco News) - The gold market continues to struggle to hold critical support at $4,000 an ounce and has been unable to attract a safe-haven bid as the U.S. housing sector remains lackluster, potentially weighing on economic activity through the second half of the year.
Gold and silver fall as Fed-rate relief fades after data - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower ahead of the North American market open Thursday, as firmer Treasury yields, a steadier U.S. dollar and renewed Strait of Hormuz risk outweighed support from this week’s softer inflation data
Gold price struggling as U.S. retail sales rise 0.2% in June -
(Kitco News) - The gold market is struggling to hold support at $4,000 an ounce and faces solid selling pressure as U.S. consumer spending, a key driver of economic activity, remains relatively healthy.
Spot gold trades near session lows after U.S. weekly jobless claims drop to 208k -
(Kitco News) - Gold prices are near session lows on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists’ forecasts.
Spot gold slides to session low $3.999/oz after Philly Fed survey rises to 41.4 in July -
(Kitco News) – Gold prices are selling off on Thursday morning after the Philadelphia Federal Reserve's manufacturing sector survey improved beyond expectations this month.The regional central bank said its manufacturing business outlook for July came in at 41.4 after a reading of 10.3 in June. The data was far better than expected, as economists were looking for a reading of 13.0 this mon...
Zero Hedge
Watchdog Uncovers Over $750 Million In Improper Unemployment Insurance Payments In New York -
Watchdog Uncovers Over $750 Million In Improper Unemployment Insurance Payments In New York
Authored by Naveen Athrappully via The Epoch Times,
The Department of Labor and its Office of Inspector General (OIG) have deployed a joint federal strike team to New York to address "rampant" unemployment insurance fraud plaguing the state.
People queue in line at the James Weldon Johnson ...
"The Killer Chokepoint": China's Rare Earth Squeeze Is Reshaping The Global Economy -
"The Killer Chokepoint": China's Rare Earth Squeeze Is Reshaping The Global Economy
Artificial intelligence may be driving headlines, but one of its biggest vulnerabilities is an obscure metal that few people have ever heard of. Yttrium, a rare earth element first identified more than two centuries ago, has quietly become an essential ingredient in advanced semiconductor manufactur...
Watch: Trump Reveals 'Shocking' Election Vulnerabilities Including 278,000 Fraudulent Voters -
Watch: Trump Reveals 'Shocking' Election Vulnerabilities Including 278,000 Fraudulent Voters
Update (2110ET): Trump has released several major election-related findings:
Mass declassification event - The White House just released previously classified Intelligence Community assessments and reports on election infrastructure spanning January 2020 through June 2026.
Adversary capa...
Heavy Overnight Iranian Attack On Bahrain, Gulf Allies, After US Launched 6th Straight Night Of Strikes -
Heavy Overnight Iranian Attack On Bahrain, Gulf Allies, After US Launched 6th Straight Night Of Strikes
Update(0950ET): Heavy Iranian strikes are being reported on Bahrain and possibly Qatar overnight, in a fluid situation. At the moment the ballistic missile attacks on Bahrain look the heaviest.
Below are some emerging unverified videos being widely shared of the alleged fresh r...
How AIs Can Reinforce Our False Beliefs -
How AIs Can Reinforce Our False Beliefs
Authored by Walker Larson via The Epoch Times,
A recent research paper uncovered an uncomfortable truth: we might be letting AI help us forge fake realities. It's just the latest reminder of the danger inherent in treating AIs as though they're conscious entities or actual persons.
A new study from the University of Exeter suggests that A...
"Not Seen Since World War II": New Texas Shipyard To Hire 10,000 Workers And Mass-Produce Drone Boats -
"Not Seen Since World War II": New Texas Shipyard To Hire 10,000 Workers And Mass-Produce Drone Boats
Building on our coverage of autonomous maritime warfare this week, Saronic Technologies is preparing to build a massive shipyard on the Texas coast capable of producing autonomous surface vessels at scale, a project expected to create more than 10,000 jobs.
Bloomberg reports that ...
Trump Teleprompter Operator Made $100K Betting On Kalshi Markets Tied To Speeches -
Trump Teleprompter Operator Made $100K Betting On Kalshi Markets Tied To Speeches
Authored by Nate Kostar via CoinTelegraph.com,
US President Donald Trump’s longtime teleprompter operator is in talks with federal regulators to settle allegations that he used nonpublic information to profit from bets on Kalshi markets tied to the president’s speeches, ABC News reported Thursday, ci...
SpaceX Starship Flight 13 Launch Scrubbed At The Last Second -
SpaceX Starship Flight 13 Launch Scrubbed At The Last Second
Update (1900ET): SpaceX scrubbed their 13th test flight on Thursday right as the countdown clock reached zero.
Noooo! Abort triggered after 4 of the centre engines failed to ignite at start-up...as seen in the Booster engine graphic, bottom left of screen.
Video straight off the @SpaceX stream. pic.twitter.com/nZ65wfuQ...
Biden's Memoir Given Post-Midterm Release, But Will It Hurt Democrats Anyway? -
Biden's Memoir Given Post-Midterm Release, But Will It Hurt Democrats Anyway?
Joe Biden's publisher has picked a release date for his memoir, Promise Me, America, and the timing may reflect how little the party wants to talk about him before November.
Biden previously indicated during one of his wife Jill Biden's book events last month that his memoir would be released in Septem...
Canadian Woman Detained By ICE For Attacking Teens Wearing Trump Pants -
Canadian Woman Detained By ICE For Attacking Teens Wearing Trump Pants
A defining character trait of the average leftist is the complete lack of emotional impulse control (often a sign of bad parenting and a low IQ). Rarely if ever do we see news stories about conservatives and Trump supporters being arrested for "crashing out" and violently attacking random progressives on the st...
MarketWatch - Top Stories
Netflix is getting stingier about its viewing data, and Wall Street isn’t happy -
Netflix’s stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched’ reports.
10 U.S. metro areas where builders are slashing prices on new homes -
Existing-home prices just hit a new record high — but there are plenty of newly built homes selling at a discount, as desperate builders cut prices.
Palo Alto Networks’ stock has been on a tear — and it could go even higher, according to these bulls -
The company’s shares have roughly doubled over the past three months, as investors have warmed to the idea that AI is increasing the need for cybersecurity products.
As SpaceX’s stock notches first close below IPO price, the company is gearing up for a crucial launch -
The megarocket’s success is SpaceX’s “single most important watch item,” one analyst says.
Americans say they need $1.2 million to retire. Most are too deep in debt to get there. -
More than 80% of Americans worry about running out of money in retirement: “It really keeps them up at night.”
GE boosts profit outlook, but stock falls as booming order growth cools -
GE Aerospace’s stock falls after earnings, again, with recently rapid order-book growth slowing.
‘It’s heartbreaking’: My brother claimed Social Security at 70. He died from cancer after one payment. Why wait to claim? -
“I’ve always been a little skeptical of the government’s encouragement to delay claiming benefits.”
He backed Tesla and SpaceX before anyone else — here is the ‘impossible’ bet Tim Draper is making now -
Veteran venture capitalist weighs in on the AI bubble and four huge opportunities he missed.
Alphabet’s stock falls as Gemini delays suggest Google is struggling to keep up in the AI race -
Alphabet shares fell more than 4% on Thursday, reflecting concerns that the Google parent company is falling further behind in the artificial-intelligence race.
You are missing the bond deal of the decade — and it is guaranteed to beat inflation -
TIPS are offering a rare gift — and it is time to lock in a generous payout.
CNBC Top News
CNBC Economy
GATA
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...
Trump $1 dollar 'gold coin' to go into production, Bessent says -
By Gareth Vipers and Richard RubinThe Wall Street JournalWednesday, July 15, 2026
President Trump has added his name or likeness to federal buildings, airports, bridges and even some passports. Now the U.S. Mint is set to begin striking a dollar coin featuring his face, a rare move to put a sitting president on American money.
Treasury Secretary Scott Bessent unveiled designs for the new "gold ...
Ghana's 2026 artisanal gold output expected to surpass record 2025 level -
By Christian AkorlieReutersTuesday, July 14, 2026
ACCRA -- Ghana's Gold Board bought up to 54 metric tons of gold from artisanal and small-scale mining in the first half of 2026 and output from the sector is on track to match or surpass last year's record, the state entity's CEO said on Tuesday.
The figures and prediction point to another strong year for Ghana's biggest export and foreign e...
Wolf Street
Legal Tender News
CoinDesk
$1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF -
T. Rowe Price launched what it says is the industry's first actively managed multi-token spot crypto ETF, offering diversified exposure to digital assets.
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion -
The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized securities and derivatives.
Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments -
If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure powering the next generation of digital payments.
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition -
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network.
Keyrock acquires BlockFills trading assets to expand institutional crypto business -
The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen its presence in crypto capital markets.
The Clarity Act is the most important consumer protection effort in years -
Consumers should not have to wait for another crisis to get the protections they deserve, argues Summer Mersinger, CEO of the Blockchain Association.
Crypto for Advisors: Strengthening defenses against AI fraud -
Strengthening defenses against AI fraud
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure -
The company has previously cleared or held in custody roughly 94% of tokenized U.S. equities and now holds over $1.5 billion in underlying stocks.
Ledger wants AI agents to manage crypto without holding your keys -
AI agents can read wallet balances and analyze portfolios but requires every sensitive action to be approved on a Ledger hardware device before it can be executed.
Galaxy targets institutional stablecoin yield with new DeFi vaults -
The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks' 2,400 institutional clients access to onchain yield strategies.
bitcoin.com
Visa Stablecoin Platform Pushes Institutional Payments Onchain With Open USD -
Visa’s new enterprise platform gives banks, fintechs, and payment providers integrated stablecoin minting, wallet infrastructure, and settlement tools, but adoption will depend on beta results, institutional demand, and expansion beyond select clients. Visa Aims to Turn Stablecoin Interest Into Institutional Payment Flows Visa (NYSE: V) announced on July 16, 2026, that its stablecoin expansion ...
Peter Schiff Says Strategy Is No Longer a Leveraged Bitcoin Bet, Warns MSTR Shareholders of Infinite Dilution -
Peter Schiff warns Strategy’s financing model is eroding MSTR’s appeal as a leveraged bitcoin investment, arguing ongoing share issuance will dilute bitcoin exposure for common shareholders while benefiting creditors and preferred investors. Strategy’s Bitcoin Bet Faces a Capital-Structure Test Strategy Inc. (Nasdaq: MSTR) shareholders face two competing outcomes. A bitcoin recovery could resto...
Congress Is About to Make Its Biggest Crypto Decision Yet—and the Stakes Couldn’t Be Higher -
The Clarity Act would establish a federal framework for digital asset markets, pairing consumer protections with regulatory certainty as Congress considers legislation that supporters say could shape the future of U.S. crypto innovation. Clarity Act Could Become Congress’ Biggest Crypto Bill Congress is considering legislation that could reshape how digital assets are regulated in the […]
Pakistan’s Crypto Regulator Fights to Save Asset-Backed Tokens from a Total Ban -
Pakistani regulator is pushing for a nuanced religious stance on digital currencies after an influential seminary’s ruling threatened to stall the country’s ambitious digital asset plans. Internal Debates Over Shariah Compliance Pakistan’s virtual assets regulator has asked the country’s most influential Islamic seminary to clarify the difference between speculative cryptocurrencies and asset-b...
8 Teams Chase an $800,000 Top Prize as CDL Championship Opens in Las Vegas -
Optic Texas opened the 2026 Call of Duty League Championship as the top seed, and bettors agree the regular season standings mean something. The CDL Championship, known as Champs, started July 16 at the Michelob ULTRA Arena in Las Vegas. Faze Vegas is hosting the event that closes out the Black Ops 7 season. Eight […]
Reason
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
EFF and ARTICLE 19 Submission to the European Commission on the DSA Trusted Flagger Guidelines -
EFF and ARTICLE 19 have submitted joint comments to the European Commission on draft guidelines for the Digital Services Act’s trusted flagger mechanism. Having long advocated for a DSA that protects freedom of expression while preserving intermediary liability protections and the prohibition on general monitoring, we welcome the Commission's effort to provide practical guidance on how the trus...
California Steps Back From Dangerous Expansion of its Age-Gating Law -
The California legislature has stepped back from a plan that would have expanded its age-gating law, removing language that could have compounded serious threats to users’ speech, privacy and security just to browse the internet. A.B. 1856, authored by Assemblymember Buffy Wicks, will now move forward through the legislature without its most problematic pieces.
EFF still believes the underlying...
Most Smart Watches, Rings, and Bands Lack Basic Transparency Reports and Key Privacy Features -
Oura Rings, Garmin GPS fitness watches, Apple Watches, Whoop bands—every year, more and more tech devices are promising to monitor our health and fitness, guide us toward healthier living, and provide useful health metrics to take to our doctors. But few of these tools provide the sorts of privacy and security promises we demand from all technology, let alone tech that captures personal health ...
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
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