Kitco News
'It's our time': Sunshine Silver CEO says silver miners are poised to shine as AI fuels demand -
(Kitco Commentary) - Artificial intelligence may be dominating investor conversations, but one mining executive said that investors are increasingly recognizing a simple reality: AI cannot exist without the metals that power it.
Gold prices trading near session highs as ISM Services PMI increases 54.1 -
(Kitco News) - The gold market is holding near session highs above $4,200 an ounce as the U.S. service sector loses momentum, driving fears of a potential economic slowdown that could force the Federal Reserve to abandon its tightening bias.
Gold pushes toward $4,200 as soft ADP cools Fed-hike bets - Kitco AM Report -
(Kitco NewsWire) - Spot gold and silver prices are sharply higher in early U.S. trading Wednesday, as softer labor-market data, lower energy inflation risk and a softer U.S. dollar reduced pressure from the Fed’s hawkish July hold.
Gold prices push above $4,200 as ADP says 44k jobs created in July -
(Kitco News) - The gold market is adding to its overnight gains, pushing to session highs above $4,200 an ounce as the U.S. economy created fewer private-sector jobs than expected in July, according to private-sector payroll processor ADP.
Silver leads metals higher as Hormuz optimism cuts oil risk premium - Kitco PM Report -
(Kitco NewsWire) - Spot gold prices were firmer, as spot silver prices rallied late Tuesday, as lower oil prices and softer bond yields helped offset still-hawkish Federal Reserve expectations after last week’s divided policy hold.
Gold can recover despite higher real yields as rate pressures ease, says Jefferies -
(Kitco News) - Gold prices have been chained to $4,000 an ounce as persistent inflation forces markets to price in rate hikes, raising the opportunity cost of holding a non-yielding asset.
Bank of Korea starts long-term domestic gold buying program -
(Kitco News) - Central bank gold demand has provided critical support for gold, and according to some analysts, it is a key reason why prices have been able to hold support at $4,000 an ounce.
Gold price catching a bid as JOLTS job openings drop to 7.36 million -
(Kitco News) - The gold market continues to hold on to solid gains and could attract a new bid as the U.S. labor market continues to show signs of cooling, with the number of jobs available dropping more than expected in June.
Gold firms as Fed uncertainty, China ETF demand offset yield pressure - Kitco AM Report -
(Kitco NewsWire) - Spot gold prices are modestly firmer and spot silver prices are sharply higher in early U.S. trading Tuesday, as traders balanced a dollar rebound, rising Treasury yields, firm U.S. activity data and reduced Middle East inflation risk.
Gold revaluation would pay Washington, not private holders, historian says -
(Kitco News) - America's gold is still valued at $42.22 an ounce on the federal books, more than $1 trillion below market. The fund built from the last revaluation was buying yen on Friday.
Zero Hedge
Hackers Launch 'Vishing' Cyberattacks Against Major Hedge Funds -
Hackers Launch 'Vishing' Cyberattacks Against Major Hedge Funds
Several major Wall Street firms have been hit with a wave of sophisticated cyberattacks using voice phishing, or 'vishing' to trick employees into revealing sensitive information or granting access, Bloomberg reports.
Crash Override gets his ass handed to him by Acid Burn (Hackers)
The attacks targeted some of the wo...
Former LAPD Officer Gets Life Sentence For Kidnapping Teen In $350,000 Crypto Robbery -
Former LAPD Officer Gets Life Sentence For Kidnapping Teen In $350,000 Crypto Robbery
Authored by Brian Danga via TheBlock.co,
Former LAPD officer Eric Halem was sentenced to life plus 15 years in state prison on Tuesday for his role in the December 2024 armed robbery of a 17-year-old in Koreatown, who was robbed of a hard drive containing $350,000 worth of bitcoin.
Los Angeles...
GTA VI Delay Fears Reignite As Ex-Rockstar Developer Says He "Would Not Be Shocked" -
GTA VI Delay Fears Reignite As Ex-Rockstar Developer Says He "Would Not Be Shocked"
Speculation about a delay to Grand Theft Auto VI is spreading online after a former Rockstar Games developer said that, based on his experience working on previous installments, he "would not be shocked" if the game slips again. Another postponement would add to the previous delays and spark frustr...
At Least Ten Agitators Arrested In Madison As Filthy 'Autonomous Zone' Is Dismantled -
At Least Ten Agitators Arrested In Madison As Filthy 'Autonomous Zone' Is Dismantled
Authored by Debra Heine via American Greatness,
Authorities in Madison, Wisconsin on Tuesday sent in crews to clean up and dismantle the filthy and violent “autonomous zone” that was set up by left-wing agitators to protest the shooting of an armed violent felon. At least ten occupiers were arrest...
Ethereum Researchers Want To Rein In Staking; Critics Warn It Could Backfire -
Ethereum Researchers Want To Rein In Staking; Critics Warn It Could Backfire
Authored by Felix Ng via CoinTelegraph.com,
A group of six Ethereum researchers and developers, including Ethereum Foundation’s Justin Drake, has proposed changing the network’s issuance policy to cut validator rewards more sharply as the proportion of staked ETH rises.
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The draft, called the Taper...
Copper Tops $14,000 As US Stockpiling Drains Global Supply Ahead Of Trump's Tariff Call -
Copper Tops $14,000 As US Stockpiling Drains Global Supply Ahead Of Trump's Tariff Call
Copper strength has returned to the London Metal Exchange this week as futures top $14,000 a ton. Another leg higher could be imminent, pushing prices into blue-sky territory as traders weigh tightening global supplies against robust metal inflows into the US ahead of President Trump's expected ...
Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation -
Citadel Soars 6% In July Thanks To Situational Awareness Firesale Liquidation
Some have speculated that one of the most proximal catalysts behind the collapse of Leopold Aschenbrenner's $45 billion and epically misnamed Situational Awareness hedge fund, besides his use of batshit insane Total Return Swap leverage that would make an average Korean momentum-chasing degen blush with e...
Iran-Oman Hormuz Route 'Agreed To' As Iran Warns Against US 'Interference' -
Iran-Oman Hormuz Route 'Agreed To' As Iran Warns Against US 'Interference'
Summary
Iran says Hormuz route is agreed: Tehran says it has finalized a shipping route with Oman, blaming U.S. actions for delaying a final agreement.
Tehran claims victory: Iranian officials say the deal would lock in Iran's wartime gains and strategic leverage over Hormuz.
Mixed messages: Trump says a ...
Google's Chief AI Scientist Jeff Dean Exits After 27 Years, Alphabet Shares Slide -
Google's Chief AI Scientist Jeff Dean Exits After 27 Years, Alphabet Shares Slide
Alphabet shares slid after The Wall Street Journal reported that Jeff Dean, one of Google's earliest employees and a key figure in its AI strategy (co-founder of Google Brain), is departing after nearly three decades to launch his own AI company. The exit raises fresh concerns about Google's ability t...
Second Foreign Vessel Attacked Off Yemen Within Hours, Amid Houthi 'Siege For Siege' Blockade -
Second Foreign Vessel Attacked Off Yemen Within Hours, Amid Houthi 'Siege For Siege' Blockade
Update(1235ET): The Houthis have apparently attacked two vessels off Yemen's coast within a mere few hours on Tuesday, as clearly the assault on international shipping by the Iran-aligned group has grown.
The below alert from the United Kingdom Maritime Trade Operations (UKMTO) Centre is ...
MarketWatch - Top Stories
CNBC Top News
CNBC Economy
GATA
Asia turns to gold in structural wealth shift -
By Kimberley LongThe Banker, LondonWednesday, August 5, 2026
Asian banks have considerably increased their gold product offering in recent months, spurred by growing consumer and central bank demand for a safe-haven commodity and local clearing.
The number of gold-focused banking products and services has risen significantly since the start of 2026. New developments include Singapore's DBS offe...
Chinese dip-buying bolsters gold as prices find floor at $4,000 -
From Bloomberg Newsvia Financial Post / National Post, TorontoTuesday, August 4, 2026
Chinese institutional investors have swooped on gold in recent weeks, helping to arrest the precious metal's decline and keep prices above the key threshold of $4,000 an ounce.
Gold-backed exchange-traded funds in China saw 14 straight days of inflows up to Monday, the longest streak since March, according to ...
Why the U.S. stepped in after decades to prop up Japan's yen, and what's at stake -
By Lee Ying ShanCNBC, New YorkMonday, August 3, 2026
Washington's decision to join Japan in supporting the battered yen has prompted questions over what motivated the rare coordinated intervention, with analysts pointing to concerns over U.S. Treasury markets and Japan's financial system.
Tokyo has grown increasingly wary of the yen's decline, which recently dropped to its weakest level against...
Ed Steer: Bessent note at Camp David proves the end is nigh -
7:41p ET Monday, August 3, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Bessent Note at Camp David Proves the End Is Night" and is posted at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/bessent-note-camp-david-proves-end-nigh
CHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Commi...
Why Texas turned to Wyoming mint to produce its gold and silver coins -
By Dale KillingbeckCowboy State Daily, Cheyenne, WyomingSunday, August2, 2026
CASPER, Wyoming -- Texas is turning to a Wyoming mint to produce its official commemorative gold and silver coins sold through its Texas Bullion Depository.
Texas is the first state to authorize official commemorative coins and the first to have its own depository for precious metals. Officials from the state were at ...
Wolf Street
Legal Tender News
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 ...
What Is A "Legal Tender Law"? And, Is It A Problem? -
What is a legal tender law? Over the years, there has been some discussion about “legal tender laws” in the United States. I talked to a legal expert about it, and discovered – as I suspected – that ...
What Is Considered Legal Tender in the US? -
"Legal tender" means that the financial instrument in question legally serves to pay any public or private debt. Federal law guarantees its printed value regardless of its intrinsic convertible value, ...
Bill Introduced To Make Bitcoin A Legal Tender In Arizona -
Senator Wendy Rogers has introduced a bill proposing to make bitcoin a legal tender in the U.S. state of Arizona. The bill seeks to add bitcoin to the list of instruments considered legal tender in ...
Floridians could soon be able to use gold and silver to pay for things -
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Gov. Ron DeSantis signed a bill on Tuesday that would recognize gold and silver as legal tender in the ...
CoinDesk
Crypto's campaign efforts see rare loss, but crypto roster in Congress likely to grow -
The leading industry PAC, Fairshake, put $2 million into a Detroit Democratic primary but came up short, even as several PAC-backed candidates won elsewhere.
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say -
Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs.
Crypto Long & Short: Putting the bitcoin sizing question to the test -
In a follow-up to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing how a straight bitcoin position, a large-cap basket and a trend-managed sleeve part ways and why the way you hold bitcoin can matter as much as how much you hold.
Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes -
Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery.
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE -
Laser’s investment in ZIGChain is understood to be in the single-digit millions.
Crypto may have institutionalized, but it still trades like a rumor mill -
The more institutional crypto becomes, the more it prices on headlines. The edge now is reading the positioning data underneath, not reacting to the narrative on top.
Ondo Finance hires former Blockchain.com CFO Adam Schlisman -
The tokenized-assets firm appointed ex-Blockchain.com and Monashee executive as finance chief as it expands its onchain capital markets business.
Galaxy Digital shares slip 5% after second-quarter results -
Helios produced data-center revenue for the first time with Phase I expected to generate about $80 million quarterly from Q3.
AI agent token once worth $2.4 billion ends with founder calling it dead -
Eliza Labs founder Shaw Walters said the ELIZAOS foundation is closing and that holders should sell, ending the token that replaced AI16Z after a lawsuit, a rebrand and a 97% crash.
SpaceX extends decline to 11% on lockup expiration and capex spending fears -
The company reported no BTC sales in the second quarter, but shares fell before the open as investors focused on capital spending, free cash flow pressure and a looming insider lockup expiry.
bitcoin.com
Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates -
Circle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker returns […]
MAGNE.AI Secures $2.64M Strategic Funding for Edge AI, Agentic Payments and On-Chain Infrastructure -
Road Town, British Virgin Islands, August 5th, 2026, Chainwire. MAGNE.AI, an AI-native hardware and on-chain intelligence infrastructure company, today announced the completion of an additional US$2.64 million strategic financing round, with participation from GAEA Ventures, Titans Ventures and Go2Mars Labs. Following MAGNE.AI’s previously announced US$10 million strategic financing, the compan...
Bitcoin Holds $64K as Polymarket Cuts CLARITY Odds to 15% -
Bitcoin held firmly above $64,000 despite intraday swings between $63,900 and $64,706. The modest price gains triggered heavy losses for short sellers, driving $148 million in short liquidations out of $216 million across the total crypto market. Intra-Day Price Volatility and Resistance On Wednesday, bitcoin stubbornly anchored itself above the $64,000 baseline, though broader bullish […]
Bitwise CIO: Crypto Can Survive CLARITY Act Failure, Not the Wait -
Bitwise chief investment officer Matt Hougan says crypto can absorb a Clarity Act defeat this week, but warned recently that the industry can’t thrive in a state of limbo. ‘Can’t Thrive in the in-Between’ As the Clarity Act limps toward the Senate’s Friday recess deadline, Bitwise chief investment officer Matt Hougan argued this week that […]
Blackrock Pulls $170M Into IBIT as Bitcoin ETFs Add $211M -
U.S. spot bitcoin exchange-traded funds (ETFs) drew $211.49 million on Tuesday, extending their strong start to the week. Ether funds returned to inflows with $53.75 million, while solana posted a smaller gain. XRP and HYPE remained flat for the day. Blackrock Plans 1-for-3 ETHA Split After $42M Inflow The institutional bid widened across the crypto […]
Reason
Cato Institute
Tenth Amendment Center
President or King? It’s not the TITLE. It’s the POWER. -
For the founders, an elective monarchy was just as bad as an hereditary one - because the core issue was the power of discretion. On this episode, it’s 6 of the most dangerous powers of a king as the founders understood them. And you just might recognize every single one of them today.
The post President or King? It’s not the TITLE. It’s the POWER. appeared first on Tenth Amendment Center.
The Buck Stops Nowhere -
Having burned through billions of dollars and depleted critical munitions stockpiles, the Pentagon is running out of money. Our money. According to the Washington Post, the Pentagon is facing an urgent budget shortfall caused largely by the Iran war, with some critical funding accounts expected to run dry within weeks. Training, maintenance and other military priorities are reportedly being […]...
Constitution Enforcement: 6 Ignored Steps That Actually Work -
The founders knew exactly what it takes to deal with unconstitutional power. How that gets done? It’s built on their experience and tactics against the British empire. On this Episode - it’s 6 steps that actually work as the real enforcement mechanism for the constitution. They come right from the American Revolution, backed by the ultimate check - the duty of self preservation
The post Constit...
Electronic Frontier Foundation
Tomorrow’s U.S. Senate Vote: Four Internet Bills, One Wrong Direction -
The Senate Commerce Committee will vote this week on several censorious and privacy invasive bills: KOSA, the SCREEN Act, Youth AI Privacy Act, and CHATBOT Act. While we appreciate that the Committee is taking the time to look at these bills separately, it’s still impossible to ignore the message Congress is sending to the world: Age-gate the internet and block young people from speaking and ac...
Appeals Court Agrees with EFF that Building a Web Browser Doesn’t Violate the CFAA -
The Ninth Circuit Court of Appeals has endorsed a commonsense technical interpretation of the Computer Fraud and Abuse Act (CFAA), a law not usually given to such interpretation. Amazon had sued Perplexity AI to try to shut down its Comet browser, claiming the browser’s optional agentic AI “Assistant” that can browse websites like Amazon for comparison shopping purposes, violated the CFAA becau...
Mobile Ad Software Encourages Location Data Sharing, EFF Report Finds -
Developers Must Beware of Ad Libraries that Betray Users’ PrivacySAN FRANCISCO – Some software development kits (SDKs) provided by advertising companies to help developers monetize their apps are automatically feeding users’ location data into systems that location data brokers use to track people, an Electronic Frontier Foundation (EFF) report found.
EFF began investigating the location-shari...
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: GOA Endorses 30+ Pro-Gun Candidates Across Wyoming -
See GOA’s list of pro-2A candidates before the upcoming August 18 primary Gun Owners of America is proud to endorse the following candidates in Wyoming’s Republican primary on Tuesday, August 18, 2026: **Click on any image above to download full size graphic for sharing** To find your legislative district, click the button below; cross-reference your district with the list above … Read more
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms -
Gun Owners of America Sues U.S. Virgin Islands Over Unconstitutional Ban on Nonresident Right to Bear Arms FOR IMMEDIATE RELEASE July 20, 2026 CHARLOTTE AMALIE, USVI — Gun Owners of America (GOA) and Gun Owners Foundation (GOF) have filed a federal lawsuit challenging the U.S. Virgin Islands’ prohibition on nonresidents exercising their Second Amendment rights. The lawsuit argues the USVI ...
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...
Banking Dive
American Banker
Bank of International Settlements
Energy shocks and inflation: challenges for monetary policy -
by Ryan Niladri Banerjee, Fiorella De Fiore, Marco Jacopo Lombardi, Giovanni LombardoThe recent energy shock ranks among the most significant since the 1990s. Structural factors and initial conditions influence how energy shocks propagate into inflation – directly and through second-round effects. The appropriate monetary policy reaction depends on the persistence of the inflationary pressures ...
Michelle W Bowman: Responsible innovation and financial inclusion -
Speech (via pre-recorded video) by Ms Michelle W Bowman, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, at "Next-gen financial inclusion", the third annual Financial Inclusion Conference hosted by the Federal Reserve Board, Washington DC, 14 July 2026.
Philip N Jefferson: Navigating economic shocks - a monetary policymaker's perspective -
Speech by Mr Philip N Jefferson, Vice Chair of the Board of Governors of the Federal Reserve System, at the Stanford Institute for Economic Policy Research, Stanford University, Stanford, California, 16 July 2026.
Federal Reserve - Press Releases
FDIC - Press Releases