Kitco News
Gold clears $4,300 as Hormuz deal cuts oil, yield pressure - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are higher and spot silver prices are also sharply firmer after the close Monday, as a tentative U.S.-Iran agreement to reopen the Strait of Hormuz drove crude oil sharply lower, eased inflation fears and pulled Treasury yields down.
'Biggest defeat since Vietnam': why David Woo says the AI bubble, not Iran, is the real threat to the dollar -
(Kitco News) - As Wall Street cheered an interim deal between Washington and Tehran to reopen the Strait of Hormuz, sending oil to a two-month low and lifting stocks, one of the most respected voices in global macro used his appearance on Kitco News to argue that investors are celebrating the wrong story, and missing the one that actually threatens the dollar.
Gold, silver selloff may be a ‘gift’, but investors should wait for confirmation before buying, says MarketGauge’s Schneider -
(Kitco News) - Both gold and silver have seen a solid start to the week as optimism over a potential peace deal in the Middle East eases some inflation fears.
Gold rallies above $4,350 as oil prices tumble, but analysts say recovery is not complete -
(Kitco News) - The gold market is seeing some solid follow-through buying at the start of the week, as prices have rallied more than 3% early in the North American trading session.
Gold and silver rally after Iran-U.S. deal, but face headwinds from rate hike expectations – Heraeus -
(Kitco News) – Gold and silver prices are rallying along with equities as markets digest the ceasefire deal between the United States and Iran, but elevated inflation is acting as a persistent headwind for the precious metals as rate expectations adjust to price increases, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that gold continued to decline ...
Gold, silver rally as Hormuz risk shifts from oil shock to rate relief - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Monday, as the U.S.-Iran framework deal to reopen the Strait of Hormuz cut crude prices, eased inflation-risk pricing and softened the U.S. dollar.
Gold prices holding near session highs as Empire State Survey falls to 5.7 in June -
(Kitco News) - After a solid gap higher at the start of the new trading week, gold is holding near its session highs as the Federal Reserve Bank of New York reported slowing activity in its manufacturing region, along with rising input prices.
Wall Street retreats to the sidelines ahead of the Fed, Main Street breaks bearish after gold tests $4,000/oz -
(Kitco News) – Gold prices saw another turbulent week, as early safe-haven support faded into a sharp midweek selloff after hotter U.S. inflation data, renewed Middle East fighting, and rising Fed rate-hike expectations pushed prices to the $4,000 support level before the yellow metal reclaimed $4,200 on a late-week bounce.
Gold's inflation problem could become its next bullish trigger -
(Kitco News) - It has been another frustrating week for gold investors, with prices now falling into bear market territory. But beneath the surface, the macro backdrop may be shifting in a way that could eventually turn a near-term headwind into a longer-term tailwind.
Precious metals firm as crude slides, stocks rise on U.S.-Iran talks - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices are firmer and spot silver prices are also higher after the close Friday, as oil prices fell on U.S.-Iran deal hopes, Treasury yields ended the week lower and U.S. equities rose into the weekend.
Zero Hedge
New Study Exposes How The Left Turned Mental Illness Into A Political Identity -
New Study Exposes How The Left Turned Mental Illness Into A Political Identity
Something researchers have observed for decades is finally crystallizing into a measurable cultural phenomenon. Political conservatives consistently report higher levels of happiness, better mental health, and stronger psychological well-being than their liberal counterparts. A new study published in Pol...
Federal Agents Dismantle Human Smuggling Stash House In Texas -
Federal Agents Dismantle Human Smuggling Stash House In Texas
Authored by Troy Myers via The Epoch Times,
U.S. Border Patrol and Homeland Security Investigations (HSI) agents busted a stash house used for human smuggling in El Paso, Texas, Customs and Border Protection (CBP) exclusively told The Epoch Times on Monday.
U.S. Border Patrol agents monitor the southern border outside o...
New Radar System Can Detect High-Speed Drones Nearby Ports, Vessels In Extreme Environment -
New Radar System Can Detect High-Speed Drones Nearby Ports, Vessels In Extreme Environment
Authored by Prabhat Ranjan Mishra via Interesting Engineering,
A new type of radar to detect drones nearby ports, vessels, harbours, and critical maritime infrastructure has been introduced. Developed by Robin Radar Systems, IRIS OTM at Sea is designed for seamless land-to-sea deployments.
T...
SpaceX Erupts In After Hours Trading, Hits $3 Trillion Market Cap, Surpassing Microsoft -
SpaceX Erupts In After Hours Trading, Hits $3 Trillion Market Cap, Surpassing Microsoft
Update (9:00pm): just a few minutes after the initial post, the squeeze is accelerating and SPCX hit just shy of $230, or $3 trillion in market cap, surpassing MSFT in value.
And what is even crazier, tomorrow SPCX options start trading, which means one good, solid gamma squeeze could send th...
Which US States Have The Highest GDP Per Capita? -
Which US States Have The Highest GDP Per Capita?
Where you live in the U.S. can make a huge difference in economic output per person.
GDP per capita varies widely across states, from under $60,000 in Mississippi to nearly $280,000 in Washington, D.C.
This chart, produced by Visual Capitalist's Jenna Ross, in partnership with Terzo, breaks down GDP per capita in 2025.
GDP per...
India's Solar Demand Set For 22% Annual Growth Through 2035 -
India's Solar Demand Set For 22% Annual Growth Through 2035
Submitted by Tsvetana Paraskova of OilPrice.com
India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday.
The consultancy estimates that India’s total power demand will rise by 6% every year over the next d...
How The World Added Decades To Life Expectancy -
How The World Added Decades To Life Expectancy
The average person today can expect to live far longer than someone born in 1960, regardless of where they live.
This chart, via Visual Capitalist's Bruno Venditti, tracks life expectancy at birth across four World Bank income groups. While high-income countries still have the longest lifespans, the biggest gains have come elsewhere. ...
Domesticating AI - It's Not Coming, It's Already Here -
Domesticating AI - It's Not Coming, It's Already Here
Authored by Howard Armitage via New Atlas,
When my neighbor wanted a vision of what his fence could look like, I didn't hesitate to ask ChatGPT to create a mock-up. I took a photo of the fence and asked it to overlay a potted Jasmin espaliered to it, after a couple of tweaks, and all of about one minute later, it gave me this:
...
Final Ivy Folds As Columbia University Abandons Test-Optional Admissions Policy -
Final Ivy Folds As Columbia University Abandons Test-Optional Admissions Policy
More than three years after adopting test-optional admissions, Columbia University is reversing course and will once again require standardized test scores from prospective students.
Columbia announced on June 13 that, beginning in fall 2027, first-year and transfer applicants will have to submit eithe...
Power Transformer Lead Times Hit Record Highs As US Grid Equipment Shortage Deepens -
Power Transformer Lead Times Hit Record Highs As US Grid Equipment Shortage Deepens
By West Garrett of Industrial Sage
Summary:
Power transformer lead times now average 128 weeks — nearly 2.5 years — with generator step-up transformers averaging 144 weeks
Prices for power transformers have risen 77% since 2019, driven by surging demand and constrained raw material supply
Clevel...
MarketWatch - Top Stories
The biggest risk to your retirement isn’t a market crash — it’s a crisis you probably haven’t planned for -
Health-related financial risks are the No. 1 threat to retirement security.
How to work in retirement without seeing your Social Security checks slashed -
Claiming benefits before full retirement age while keeping a job can trigger unexpected withholdings — but the money isn’t lost forever.
Need a credit-score boost? Call your credit-card company and ask for this — but proceed with caution. -
A credit-limit increase can help strained borrowers improve how their financial picture looks on paper.
Roku’s sale to Fox for $22 billion raises a big question -
Roku’s stock is rallying to a four-year high after agreeing to be bought by Fox in a deal valued at $22 billion.
Here’s when gas prices will come down if the U.S. deal to end the Iran war pans out -
The average retail gasoline price was just above the psychologically significant $4-per-gallon mark on Monday.
Options traders are bracing for a very busy week, with June ‘triple witching’ and launch of SpaceX contracts on deck -
Options traders are bracing for what could be a very busy few days as a number of potentially market-moving developments are being crammed into a shortened four-day trading week.
I’m 55 and earn $100,000. Should I take a $2,900 monthly pension — or $2,200 with 3% annual hikes? -
“I plan to continue working until age 60.”
‘We own our home outright’: I am 67 and earn $100,000. Do I take my $30,000 Social Security now or wait? -
“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”
Why Western Digital’s stock was the S&P 500’s biggest gainer on Monday -
Storage stocks are hot as investor appreciation builds for the companies’ pricing potential.
I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks? -
“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”
CNBC Top News
CNBC Economy
GATA
Singapore's central bank offers gold vaulting to other central banks and bullion banks -
By Timothy GohThe Straits Times, SingaporeMonday, June 15, 2026
Foreign central banks and sovereign entities will be able to store their gold reserves with the Monetary Authority of Singapore from October as Singapore strengthens its position as a regional hub for gold trading and storage.
This will complement the republic's commercial vaulting capacity, which exceeds 2,000 tonnes and serves ma...
Matthew Piepenburg: Who wins gold's race against the dollar? -
By Matthew PiepenburgVon Greyerz / Gold Switzerland, ZurichMonday, June 15, 2026
Gold. It began the year with galvanic headlines and endless coverage.
Now, midway through that same year, having lost more than 25% from its January high of $5,600, many are wondering if peak gold is behind us in the wake of just another broken asset bubble.
Such concerns are understandable, even expected -- especi...
There are still no markets anymore, just interventions -
12:20p Monday, June 15, 2026
Dear Friend of GATA and Gold:
Quoth the Raven's Chris Irons, whose brilliant diagnosis of the wealth inequality problem was published over the weekend and called to your attention here --
https://www.gata.org/node/24758
-- today marvels at the resilience of what the world still somehow calls its financial markets. His analysis, highlighted by ZeroHedge, is headlined...
Singapore to launch gold clearing system in bid to become precious metals hub -
By Owen WalkerFinancial Times, LondonSunday, June 14, 2026
Singapore will launch an over-the-counter clearing system for gold this year, along with a vault service for central banks, as the city-state attempts to establish itself as a global trading hub for precious metals.
Several international banks, including JPMorgan, Deutsche, and DBS, will take part in the system, deputy prime minister Ga...
LBMA may make morning gold auction earlier to suit Asian traders -
By Yihui Xie and Preeti SoniBloomberg NewsMonday, June 15, 2026
The London Bullion Market Association is considering moving its morning gold auction to an earlier time to accommodate traders in Asia.
The potential shift would be "to reflect and to allow price discovery within the Asian time frame," LBMA Chief Executive Officer Ruth Crowell said today. This is "something that I know the market h...
Wolf Street
Legal Tender News
These Countries May Be Next To Accept Bitcoin as Legal Tender -
One of the main knocks against cryptocurrency has always been that it will never gain universal adoption, meaning its usefulness will always be limited. This perhaps changed forever on September 7, ...
Legal Tender Forces Gold Out -
The government has many ways of forcing us to use their paper dollar as money. The tax on capital gains on gold (I wrote about this here) is one bullet in their gun. The legal tender law—U.S. Code ...
Federal Reserve Note: What It Is, Longevity, and Key Features -
Discover what Federal Reserve notes are, their lifespan, and key features that make them secure and essential as the official paper currency of the U.S.
Next week El Salvador will become the first country to accept bitcoin as currency -
The government even went a step further in promoting the cryptocurrency’s use by giving $30 in free bitcoins to citizens who sign up for its national digital wallet, known as Chivo, or “cool” in ...
Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver -
Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals LITTLE ROCK, AR / ACCESSWIRE / April 20, 2023 / Sound ...
CoinDesk
Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project -
Ventuals, one of the teams behind real-world asset perpetuals on Hyperliquid, said it is closing its markets and joining another project in the ecosystem.
If America wants to lead in crypto, it must protect the people who build it -
Despite the Clarity Act’s advancement toward the finish line, there’s one provision under threat for builders that can’t be overlooked, argues Smith.
‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish -
Standard Chartered analyst Geoffrey Kendrick's bullish call comes as spot bitcoin exchange-traded fund inflows return, oil prices fall and Coinbase's CEO says bitcoin likely bottomed near $60,000.
Kraken debuts U.S. perpetual futures as crypto derivatives move onshore -
Perpetual futures generated more than $60 trillion in volume last year, according to the crypto exchange, largely outside the U.S.
Coinbase's Brian Armstrong says bitcoin may have bottomed at $60,000 -
Armstrong said his instinct is that bitcoin has probably found its floor, pointing to the four-year cycle that has historically marked lows.
XRP rockets 8% above $1.20 in first major breakout since June selloff -
Heavy volume pushed XRP through multiple resistance levels, with traders now focused on whether the rally can extend toward $1.30 after weeks of defensive positioning.
CoinDesk 20 performance update: Bittensor (TAO) surges 31.9%, leading index higher -
Near Protocol (NEAR), up 22.2% from Friday, was also a top performer.
Bitmine adds another $136 million of ether after raising $274 million in preferred stock sale -
Tom Lee's Ethereum treasury firm, through the preferred stock sale, is using a financing tool pioneered by Michael Saylor's bitcoin treasury firm Strategy.
Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million -
The latest purchase was made at an average price of $63,024 per bitcoin.
Markets cheer U.S.-Iran Breakthrough though Middle East risks, Fed remain in focus -
Your day-ahead look for June 15, 2026
bitcoin.com
Uniswap Could Hit $100: Standard Chartered Forecasts UNI Outperforming BTC and ETH -
Standard Chartered began Uniswap coverage with a $100 UNI forecast, projecting the token could outpace BTC and ETH through the decade. The bank’s outlook centers on DeFi growth, tokenized assets, and a potential 40x rise from $2.50. Standard Chartered Initiates Coverage With $100 UNI Target Standard Chartered Bank’s Global Head of Digital Assets Research, Geoff […]
Robert Kiyosaki Doubles Down on Bitcoin as He Says Gold Is Headed to $35K -
Robert Kiyosaki renewed his support for bitcoin, gold, and other hard assets as he projected gold could reach $35,000 an ounce by 2035. The Rich Dad Poor Dad author said gold had climbed more than $100 in a single day to $4,300 an ounce, which he cited as evidence that the rally was still in […]
3 Bullish Signals Are in: Bitcoin Now Faces Critical $83K Breakout Test -
Three bullish signals have aligned for bitcoin, Standard Chartered said, while attention shifts to whether BTC can reclaim a key resistance area. Fresh Strategy buying, positive spot ETF flows, and falling oil prices underpinned the latest market assessment. Bitcoin Draws Fresh Support From 3 Bullish Signals Standard Chartered Global Head of Digital Assets Research Geoffrey […]
VARA Pushes Dubai Crypto Firms to Track FATF Blacklists, Sharpening Risk Controls -
A Dubai regulator is replacing baseline compliance with rigorous, data-driven frameworks. Virtual asset service providers must now use quantitative business data for real-time risk scoring instead of static tracking. New Framework Demands Quantitative Data The Dubai Virtual Assets Regulatory Authority (VARA) has published new guidance aimed at tightening financial crime defenses across the regi...
Bank of Ghana Orders Banks to Halt Crypto Dollar Wallets as Enforcement Risks Rise -
The Bank of Ghana has issued a mandatory directive ordering all regulated financial institutions to immediately stop supporting unauthorized foreign currency digital wallets offered by cryptocurrency platforms. Breach of National Financial Laws The Bank of Ghana has issued a directive ordering regulated financial institutions to immediately halt operations that support unauthorized foreign curr...
Reason
Bernie Sanders Is Wrong About Trillionaires -
Plus: the Supreme Court's biggest pending decisions, renewed court-packing debates, and the economic fallout from the Iran war
Britain Wants To Ban Teens From Social Media. The Evidence Suggests It Won't Work. -
Britain is following Australia into a policy that has already struggled to keep children off social media, while forcing adults through intrusive age checks.
Colorado Becomes Second State To Create Right to an Attorney When Police Seize Your Property -
A bill tightening Colorado's civil asset forfeiture laws passed the state legislature by wide bipartisan margins and was signed into law by Gov. Jared Polis.
SCOTUS To Newman: Drop Dead -
The 98-year old life-tenured judge loses her final appeal.
The White House vs. Anthropic's New AI Model -
The government says this is about national security. But given the history—and ongoing litigation—between the White House and Anthropic, something more may be going on.
Trump's Lawyers Insist There Is 'No Evidence' of 'Collusion or Fraud' in His 'Settlement With Myself' -
The sweet deal that resolved the president's fatally flawed lawsuit against the IRS was business as usual at the DOJ, his attorneys told a federal judge.
The Iran War Is Over, For Now -
The U.S. and Iran have moved to the next stage of the peace process. Hawks on all sides are terrified that it will succeed.
New in Civitas: "Our American Legal Tradition Is Not the Warren Court's Tradition" -
"Which tradition prevails: the first 175 years when the people were allowed to govern themselves, or the last 75 years when we lived under judicial rule?"
The Art of the Deal -
Plus: Anthropic vs. the government, Knicks win, bread and circuses, and more...
Two New Large Libel Models Lawsuits, Though Alleging Mischaracterization Rather Than Outright Hallucination -
They are, by my count, the 8th and 9th such claims filed in U.S. courts.
Cato Institute
Tenth Amendment Center
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.
It’s not Treason. It’s Self-Defense. -
“For transporting us beyond seas, to be tried for pretended offences.” From the Declaration of Independence, one of the charges against the King that justified secession. It was built on a violent American raid on the British few of us are ever taught about. In the early hours of June 10, 1772, a band of Rhode Islanders rowed out in the dark, shot and seriously wounded a Royal Navy commander, c...
A Nation of Suspects -
Some of the recent legal challenges to the use of surveillance by the Department of Homeland Security upon Americans have resulted in the revelation of truly terrifying behavior by the government, in direct defiance of the Fourth Amendment to the Constitution. We now know that the federal government spies on innocent Americans without suspicion and […]
The post A Nation of Suspects appeared fir...
Electronic Frontier Foundation
EFFecting Change: LGBTQ+ Solidarity Against the Tide of Surveillance -
LGBTQ+ communities are facing an escalating wave of censorship and targeted surveillance, but we can push back through mutual solidarity. Join us live to learn how safer virtual spaces get built, how platform policies and government pressure are reshaping the digital landscape, and what platform accountability actually looks like. Our panel will share ideas for direct action and concrete strate...
Victory! 702 has Expired! -
Section 702 of the Foreign Intelligence Surveillance Act lets US intelligence agencies collect communications from foreigners abroad without a warrant, and routinely sweeps in Americans’ emails, messages, and calls in the process.
The authority for this program is set to expire Friday, June 12th, 2026, at midnight. As we wrote earlier this week, Congress has been kicking the ball down the road ...
Yes to California's Bill to Ban Surveillance Pricing -
Corporations harvest and monetize ever-growing amounts of our personal data, such as our browsing history and physical location. One bitter fruit of this poisonous tree is known as “surveillance pricing”: corporations offer the same product to two different people at two different prices, based on scrutiny of these people’s respective personal data.
Surveillance pricing is bad for privacy, equi...
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
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...
Gun Owners of America Endorses Byron Donalds for Florida Governor -
Gun Owners of America Endorses Byron Donalds for Florida Governor FOR IMMEDIATE RELEASE June 11, 2026 TALLAHASSEE, FL — Gun Owners of America (GOA) proudly endorses U.S. Congressman Byron Donalds for Governor of Florida. As both a former Florida state lawmaker and a current member of Congress, Byron Donalds has compiled a perfect pro-Second Amendment record. As a freshman state representat...
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General -
Gun Owners of America & Fuerza 2A Proudly Endorses James Uthmeier for Florida Attorney General June 9, 2026 TALLAHASSEE, FL — Gun Owners of America & Fuerza 2A are proud to endorse James Uthmeier for Florida Attorney General, citing his proven record of defending the Second Amendment and standing with law-abiding gun owners. As Florida’s Attorney General, Uthmeier has used … Read more
Banking Dive
American Banker
Bank of International Settlements
BIS Quarterly Review, June 2026 -
Central banks have begun recalibrating their lending operations to bolster market resilience given shifts in the demand for liquidity.
Most currency trades are settled in ways that avoid or minimise settlement risk, but more work is needed to mitigate risks.
Credit supply in the wake of distressed bank acquisitions -
by Ryan Niladri Banerjee, Francisco González, José E Gutierrez, José María Serena GarraldaThis paper examines the credit supply effects of sale-of-business (SoB) bank resolutions under the post-Global Financial Crisis regulatory framework, focusing on the resolution of a major Spanish bank. We provide the first micro-level evidence of how an SoB resolution reshapes credit allocation. The acquir...
The anatomy of stablecoin transactions -
by Fabian Schär, Anneke Kosse, Tara Rice, Takeshi Shirakami, Jirapat SiridhasanakulStablecoin transfers are often interpreted as payments. On programmable blockchains, however, they are frequently embedded in atomically executed transaction bundles that combine trading, lending, arbitrage, liquidity provision, and settlement. We show that ignoring this structure materially distorts the interpre...
Federal Reserve - Press Releases
FDIC - Press Releases