Kitco News
Gold’s 28% correction is painful, but history suggests the bull market isn't over -
(Kitco News) - The gold market is struggling to hold support at $4,000 an ounce, and although this has been a critical level of focus in recent weeks, analysts say that the current bear-market correction should not signal the end of the long-term bull market.
ING Cuts Gold and Silver Forecasts as Rising Yields and Stronger Dollar Weigh on Prices -
(Kitco News) - Surging momentum in the U.S. dollar and elevated bond yields are taking their toll on the precious metals market, with gold prices dropping below $4,000 an ounce and hitting a new low for the year.
Gold breaks $4,000 as dollar rally pressures metals -
(Kitco NewWire) - Spot gold and silver prices are under heavy pressure in early U.S. trading Wednesday, as a stronger U.S. dollar, renewed Fed-rate repricing and easing oil-supply fears continue to weigh against haven demand.
Gold’s pullback creates attractive entry as de-dollarization turns structural - KMLM’s Prior -
(Kitco News) - Gold’s recent correction has created an attractive entry point for investors, even as short-term headwinds continue to pressure prices, according to one portfolio manager.
Gold tests $4,100, silver breaks under $62 as dollar pressure dominates - Kitco PM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower after the close Tuesday, as the U.S. dollar held near its strongest levels of the year, post-Fed rate-hike risk stayed in place and the Strait of Hormuz risk premium continued to unwind. At the time of writing, spot gold was trading near $4,123.00 an ounce, down 1.64%, while spot silver was trading at $61.545, down 5.45% on the se...
China gold imports hit 26-month high in May, up 76% YTD -
(Kitco News) – China’s gold imports reached their highest monthly level in over two years in May, with the world’s number-one gold market showing a strong appetite for bullion as prices remained 25% below their early 2026 highs.China imported approximately 163 tonnes of gold last month, the largest monthly total since March of 2024, according to the latest customs data released over the weekend...
BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals -
(Kitco News) - Gold prices continue to trade near their lows for the year as the Federal Reserve’s new hawkish bias takes its toll on the market, with another bank lowering its year-end price forecast.
Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops -
(Kitco News) – Demand for gold continues to evaporate as investors grow more concerned about the Fed’s monetary policy outlook, necessitating a reduction of around 20% to gold price targets for the second half of 2026, according to Michael Hsueh, research analyst at Deutsche Bank.“Fed repricing, together with resilient US macro data, has played the primary role in pushing gold lower,” Hsueh wro...
Spot gold rises from session lows as flash S&P composite PMI improves to 52.2 -
(Kitco News) - The gold market is rising off of its earlier session lows after the latest U.S. data showed the services and manufacturing sectors improving beyond expectations this month.S&P Global reported on Tuesday that its flash Composite Purchasing Managers Index (PMI) rose to 52.2 in June, up from May’s reading of 51.5. The number was above expectations, as economists had forecasted a rea...
Gold, silver sell off as dollar, Fed positioning pressure metals - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply lower in early U.S. trading Tuesday, as post-Fed rate risk, a firmer dollar backdrop and reduced energy-supply fear outweighed residual geopolitical demand. At the time of writing, spot gold was trading near $4,116.80 an ounce, down 1.78%, while spot silver was trading at $61.865, down 4.96% on the session.
Zero Hedge
Micron Soars After Reporting Blowout Earnings, Boosts Guidance -
Micron Soars After Reporting Blowout Earnings, Boosts Guidance
Step aside Nvidia: as we noted in our preview, with the world's most valuable company going nowhere in recent months, all attention has shifted to Micron, which has rapidly become one of the most important stocks in the world and certainly the most actively traded, surpassing both Nvidia and Tesla in recent days.
As ...
GOP Civil War Erupts On Two Fronts: Luna Freezes The House Floor, Trump Gets "Brother'd" By Cassidy In Senate Over SAVE Act -
GOP Civil War Erupts On Two Fronts: Luna Freezes The House Floor, Trump Gets "Brother'd" By Cassidy In Senate Over SAVE Act
The Republican Party's long-simmering tensions over election integrity exploded into open warfare on Wednesday, with chaos breaking out simultaneously in the House and Senate - and President Trump caught in the middle of both.
It started, as these things of...
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage -
72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage
WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease.
Bloomberg noted that option markets are positioning ...
Grand Theft Auto VI Pre-Orders Begin Thursday; Wall Street Responds... -
Grand Theft Auto VI Pre-Orders Begin Thursday; Wall Street Responds...
Take-Two Interactive said that its Rockstar Games studio will begin long-awaited pre-orders for Grand Theft Auto VI on Thursday. The action-packed game is priced at $79.99 and is scheduled to launch on November 19 for PlayStation 5 and Xbox Series X|S.
"Launching November 19, 2026, for the PlayStation 5 compute...
Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova -
Google's Dual Nuclear Tech Strategy Takes Shape With Kairos & GE Vernova
Google is placing its nuclear bets through more than one channel. Elementl Power, the independent developer that received early-stage capital from Google in 2025 to prepare three US sites, has now made its first clear technology choice on at least one of them.
Elementl signed an Early Works Agreement with GE ...
Iran Calls MoU Deal A 'US Defeat' As Trump Touts Tehran Forced Into 'Very Big Concessions' -
Iran Calls MoU Deal A 'US Defeat' As Trump Touts Tehran Forced Into 'Very Big Concessions'
Summary
Trump Hits Back, Seeks Narrative Control: "The war is going very well. As you know, we're winning by a lot. Iran is making very big concessions."
Iran Declares MoU A US Defeat: Tehran says the Islamabad agreement proves Washington abandoned its pressure campaign.
Hormuz Traffic Res...
Oil Tanker Earnings Soar To $470,000 A Day As Hormuz Hopes Drive Tanker Frenzy -
Oil Tanker Earnings Soar To $470,000 A Day As Hormuz Hopes Drive Tanker Frenzy
By Tsvetana Paraskova of OilPrice.com
Oil tanker rates have soared since the U.S. and Iran announced the memorandum of understanding as oil importers scramble to charter vessels to pick up Persian Gulf cargoes in the hope these can transit the tentatively reopening Strait of Hormuz.
One tanker has bee...
Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise -
Hawkish Warsh Hammers Barbarous Relic: Gold Crashes Back Below $4000 As Rate-Hike Odds Rise
Gold plunged back below $4,000 an ounce for the first time since November 2025 this morning, as a resurgent dollar and the prospect of higher interest rates bring bullion’s three-year bull market to a halt (now down 30% from its January highs).
The precious metal has posted double-digit gai...
Mediocre 5Y Auction Tails As Foreign Demand Slides -
Mediocre 5Y Auction Tails As Foreign Demand Slides
After yesterday's solid 2Y auction, today's 5Y auction was an uglier mirror image.
The sale of $70BN in 5 year paper priced at a high yield of 4.200%, up from 4.182% in May and the highest since Jan 25. It tailed the When Issued 4.193% by 0.7bps, and was the 8th consecutive tail for the 5Y tenor.
The bid to cover was 2.351, be...
"Real Alien Shit!": Downed US Pilot Reported Seeing Iranian Drones Swarm in 'Jellyfish' Formation -
"Real Alien Shit!": Downed US Pilot Reported Seeing Iranian Drones Swarm in 'Jellyfish' Formation
Authored by Antiwar.com via Dave DeCamp
CNN has reported that the pilot of a US F-15 fighter jet that was shot down over Iran during the US-Israeli bombing campaign in April reported seeing a swarm of Iranian drones in a formation that resembled a jellyfish before he ejected from the ...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Gold market manipulation hasn't gone away and GATA needs your help -
10:55a ET Wednesday, June 24, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major long...
Pinnacle Digest interview gets to the important issues about Fort Knox gold -
10:53a ET Wednesday, June 24, 2025
Dear Friend of GATA and Gold:
The important issues about the U.S. gold reserve at Fort Knox are spelled out by Money Metals Exchange CEO Stefan Gleason in an interview this week with Pinnacle Digest's Aaron Hoddinott -- like the impurity of much of the gold and its likely encumbrances through surreptitious swaps and leases.
Gleason adds that the new Federal Re...
Stefan Gleason: RIP, Alan Greenspan, the schizophrenic gold bug -
By Stefan GleasonMoney Metals Exchange, Eagle, IdahoMonday, June 22, 2026
Chairman Alan Greenspan has now passed from the scene at the age of 100.
Greenspan parlayed his sound-money bonafides into the top post at America's central bank and the stewardship of the world's dominant fiat currency. In betrayal of his own stated free-market principles, Greenspan spent nearly two decades at the Fed pu...
Help us in the struggle for free and transparent markets in the monetary metals -
12:19p ET Monday, June 22, 2026
Dear Friend of GATA and Gold (and Silver):
The last year has been dramatic for the monetary metals. Sharp increases in price, indicative of short squeezes, have been offset by counterintuitive downward smashes even as a major war has broken out while another has intensified. News reports and analysis have emphasized the role of some central banks as major longs i...
Maguire and Hemke say gold 'correction' is over and expect revaluation -
11:56a ET Monday, June 22, 2025
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire and the TF Metals Report's Craig Hemke, in conversation on this week's edition of Kinesis Money's "Live from the Vault" program, agree that gold's "correction" is over and speculate how a U.S. Treasury revaluation of the monetary metal to a much higher price may come about soon.
The program is 57 m...
Wolf Street
Legal Tender News
CoinDesk
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish -
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket -
The prediction market operator, which is eyeing a potential public debut in 2027, could close a new funding round in Q3, according to a Financial Times report.
Binance withdraws Greek MiCA bid but vows to remain in Europe -
The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.
Bitcoin falls below $60,000 as AI trade continues to draw investor interest and capital -
South Korean memory chip giant on Wednesday filed to raise nearly $30 billion in a U.S. offering.
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets -
In this week's Crypto Long & Short, Nonco’s Caue Teixeira makes the case that regardless of which coin ultimately wins, infrastructure is the prevailing currency in digital assets. Then, using CoinDesk's liquidation feed, Liquibit Capital's Alen Pavlović finds that June's forced selling peaked near $68,000, days before bitcoin actually bottomed.
SecondFi loses $2.4 million in Cardano wallet exploit -
SecondFi was hit by three separate attacks exploiting a flaw in its wallet generation software. A further 129 million ADA was secured by the team before attackers could reach it.
Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act -
As Congress prepared to celebrate the president's signing of the bipartisan housing bill that contains a CBDC prohibition, Trump abruptly cancelled the event.
Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition -
Former FCA policymaker and Hedera Global Policy VP, Isadora Arredondo says there is a gap between the U.K.'s crypto ambitions and how policy is carried out in practice.
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone -
A 50% drop from recent highs has pushed the asset into a zone historically labeled as a dead end, sparking a debate among crypto analysts.
The banking lobby is wrong about stablecoins and community banks -
Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.
bitcoin.com
XRP Scarcity on Binance Drops to 3-Month Low as Supply Concerns Grow -
XRP supply on Binance has expanded, with the XRP Binance Scarcity Index dropping to around 0.34, its lowest level in more than three months, pointing to a noticeable rise in available tokens on the exchange. XRP Availability on Binance Expands While Price Remains Under Pressure At 3:05 p.m. EDT on June 24, XRP is trading […]
From Volatility to Yield: BASIS.pro Reports Rising Arbitrage Opportunity Flow as Bitcoin Trades Near $62K -
Victoria, Seychelles, June 24th, 2026, Chainwire. Following new Base58 Labs market-structure research, BASIS says widening cross-venue dispersion is expanding the pool of screened market-neutral opportunities and strengthening dynamic staking reward conditions across BTC, ETH, SOL and PAXG. Bitcoin remained near the $62,000 region after a sharp May–June drawdown, with realized volatility elevat...
5 Market Signals Reveal How AI Stocks, Oil and Bitcoin Shook Wall Street -
Markets split sharply on Wednesday as lower oil prices eased inflation fears, but pressure on technology stocks, crypto assets and precious metals kept investors focused on risk. By midday June 24, the Dow Jones Industrial Average traded near 51,828, up about 163 points, while the S&P 500 slipped 0.11% to roughly 7,357. The Nasdaq Composite […]
Bitcoin Hits $59,018 After a 5% Drop, Forcing $237M in Long Liquidations -
On June 24, bitcoin fell 5% in 24 hours to a new year-to-date low of $59,018. This marks a nearly 10% drop over the week and a 30%+ decline since the start of the year. Bitcoin Hits New YTD Low Below $60K Bitcoin dipped below $60,000 on June 24 amid a marketwide sell-off that saw […]
STRC Discount Widens as Strategy’s $12.55B Paper Loss Tests Saylor’s Thesis -
On Wednesday, bitcoin slipped beneath the $60,000 zone, touching an intraday low of $59,500, while Strategy’s 847,363 BTC stash now sits $12.55 billion below water. At the same time, the company’s MSTR shares have faltered, shedding 78.37% since July 16, 2025. STRC Discount Tests Strategy’s Bitcoin Bet as Investors Demand Higher Yield The drawdown now […]
Reason
Cato Institute
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.
They’re not Grievances. They’re STOLEN Power -
Declaration of Independence: That long list of charges against the king aren’t mere “grievances.” That word isn’t even in the text. They Founders didn't secede and fight a long, bloody war over mere complaints about bad policy. American Independence was built on something else spelled out in the text itself, and understood by everyone at the time. On this Episode - It's the foundation of the de...
Let’s Not Forget What Madison Said About War -
What Madison is pointing out is that among all the ways that government destroys the liberty of its own people, its wars are the worst.
The post Let’s Not Forget What Madison Said About War appeared first on Tenth Amendment Center.
Electronic Frontier Foundation
🦅 Domestic Spying Takes an L | EFFector 38.12 -
Sold to the public as a foreign surveillance tool, Section 702 is the law has let intelligence agencies spy on millions of Americans’ private conversations without a warrant. Despite years of revelations about this law's misuse, Congress has repeatedly reauthorized Section 702 without meaningful reform. Until this month, that is, when it finally lapsed in a major victory for privacy. In our lat...
The UK’s New Under-16 Social Media Ban Will Cause More Harm Than It Prevents -
This week, politicians in the UK pushed forward with plans to eviscerate privacy and free speech on the internet by announcing a ban on social media for users under 16 that is set to take effect in Spring 2027.
The UK government continues to falsely characterize this policy as a necessary response to growing concerns about online harms for young people. In reality, much like the Online Safety ...
EFF Joins 60+ Groups Urging the UK to Halt Face Estimation at the Border -
This week, EFF joined Foxglove, Human Rights Watch, and 60 other organizations in writing to the UK’s Minister of State for Border Security and Asylum, Alex Norris, raising serious concern about the Home Office’s decision to deploy Facial Age Estimation (FAE) to assess asylum-seeking children from 2027.
The letter points to four key concerns:
Discrimination
As with most face estimation and re...
The Institute For Justice - Press Releases
Waxahachie Entrepreneur Sues City Over Unconstitutional Construction Dumpster Monopoly -
AUSTIN, Texas—Today, Waxahachie small business owner Josh Roman and his company American AF Dumpster Rentals have joined with the Institute for Justice (IJ) to file […]
The post Waxahachie Entrepreneur Sues City Over Unconstitutional Construction Dumpster Monopoly appeared first on Institute for Justice.
Pennsylvania Supreme Court Agrees to Hear Lawsuit Over Pottstown’s Rental Inspection Ordinance -
HARRISBURG, Pa.—On Tuesday, the Pennsylvania Supreme Court agreed to review a nearly decade-old lawsuit, brought by Pottstown residents and their attorneys from the Institute for Justice (IJ), challenging the borough’s use […]
The post Pennsylvania Supreme Court Agrees to Hear Lawsuit Over Pottstown’s Rental Inspection Ordinance appeared first on Institute for Justice.
After Wrongly Raiding Woman’s Home, Government’s Response Only Raises More Questions -
ATLANTA—Cathy George sued officers who wrongly raided her Sandy Springs, Georgia, home demanding answers for how this dangerous mistake happened. Months later, the few answers […]
The post After Wrongly Raiding Woman’s Home, Government’s Response Only Raises More Questions 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
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban -
GOA and GOF Petition the Virginia Supreme Court for a Preliminary Ruling on Virginia’s Looming “Assault Firearms” Ban FOR IMMEDIATE RELEASE June 16, 2026 Springfield, VA — Gun Owners of America (GOA) and Gun Owners Foundation (GOF), alongside Virginia Citizens Defense League (VCDL) and 2A journalist John Crump, have petitioned the Virginia Supreme Court for an urgent ruling in their lawsuit cha...
One GOA Brief Changed Gun Rights Forever -
Here’s What Happened at GOA This Week! At GOA, we’ve been hard at work fighting for your Second Amendment rights, here’s what we did… We at Gun Owners of America have been hard at work fighting for your rights this week. From Hosting National Women’s Range Day in New Hampshire, to highlighting our work defining the legal interpretation of the … Read more
IL: Stop Illinois’ Backdoor Handgun Ban – TAKE ACTION -
Anti-gun lawmakers in Springfield are trying to move HB 4471, the so-called “Responsible Gun Manufacturing Act,” out of the House Rules Committee. This bill isn’t about stopping violent criminals. It’s a backdoor ban aimed at common semiautomatic pistols, including many Glock-style handguns. HB4471 originally sought to criminalize the manufacture, sale, purchase, receipt, import, or transfer of...
Banking Dive
Banks strike deals in Michigan, Wisconsin -
A deal in Michigan is set to create a $1.68 billion bank. Another, in Wisconsin, will create a $3.1 billion institution.
Dive Deposits: Fiserv’s CEO switch cements JPMorgan alum’s next chapter -
The payments processor turned to Takis Georgakopoulos when Mike Lyons left for Truist. If the new CEO’s name sounds familiar, that may be because of a dust-up with Greek fintech Viva Wallet.
Ex-NY governor to lead blockchain venture between OKX, NYSE owner -
A venture between crypto firm OKX and Intercontinental Exchange aims to focus on building infrastructure for tokenized financial products.
Fintech partner to rebrand to Quill Bank -
Utah-based Capital Community Bank is set to launch a revamped website June 30, with a mission to lend credibility and “banking backbone” to fintech partners.
KeyBank bets on relationships over tech budgets -
Still, midsize lenders must take “more progressive, larger steps” to meet evolving customer expectations, said Emily Gessner, who jumps from a consumer to a commercial role at the bank next month.
American Banker
Bank of International Settlements
José Luis Escrivá: Competitiveness for growth -
Opening address by Mr José Luis Escrivá, Governor of the Bank of Spain, at the "Competitiveness for growth" conference, organised by the Spanish Banking Association (AEB), the Spanish Confederation of Savings Banks (CECA) and the Spanish Association of Credit Cooperatives (UNACC), Madrid, 19 June 2026.
Colm Kincaid: Harnessing opportunity - the role of financial intermediaries in Europe -
Speech by Mr Colm Kincaid, Deputy Governor of the Central Bank of Ireland, at BIPAR (European Federation of Insurance Intermediaries), Brussels, 19 June 2026.
Madelena Mohamed: A LEAP for nature: advancing nature-related financial risk and opportunity assessment in Malaysia -
Keynote address by Ms Madelena Mohamed, Assistant Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the launch of the report "A LEAP for nature: advancing nature-related financial risk and opportunity assessment in Malaysia", Kuala Lumpur, 11 June 2026.
Federal Reserve - Press Releases
FDIC - Press Releases