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The film icon had multiple miscarriages, “mystery” hospital trips and was labeled “difficult,” all things likely related to the painful disease.

The film icon had multiple miscarriages, “mystery” hospital trips and was labeled “difficult,” all things likely related to the painful disease.

Central Bank Gold Buying Rebounds In April From Dramatic March Selloff

First the good news: according to the latest World Gold Council update, central banks, a key pillar of the bullish case for gold, have returned to adding holdings in April after notable selling in March sent the price of the precious metal tumbling. The 17 ton purchase represents a turnaround from steep sales in March, which at nearly 30 tons were the largest monthly gold sales in years, driven almost entirely by Turkey. Poland remained the top buyer in the month, while China accelerated its pace of purchases. 

According to WGC, Poland remained be the top buyer in the month (14t), while China intensified its pace of purchases: its 8t net purchase was the highest since December 2024 and extends its current buying run to 18 consecutive months. The Czech Republic shows similar consistency in purchases, having bought 3t in April, its 38th consecutive monthly purchase. Meanwhile, Russia continues its sales streak this month (6t), with y-t-d sales of 22t.

Reported activity in April and y-t-d was concentrated in: 

• National Bank of Poland drove much of April’s buying activity, having bought 14t. This brings Poland’s y-t-d gold purchases to 45t with its gold reserves at595t or about 30% of its total reserves.
• People’s Bank of China added 8t to its gold reserves during the month, highest since December 2024. Official gold reserves now stand at 9% of total reserves or around 2,322t. China has been consistently purchasing gold over the past 18 consecutive months.
• Czech National Bank’s modest but consistent 2t net purchases in April brings its gold reserves to 79t or 6% of its total reserves.
• Meanwhile, Central Bank of Uzbekistan sold 1t this month, though on a y-t-d basis, it remains a net purchaser (24t) and is second only to Poland. Uzbekistan’s reserves make up 88% of its total reserves or around 414t.
• Central Bank of Russia continued it recent streak of net sales for the fourth month with reported April net sales of 6t.
• March’s top seller, Central Bank of the Republic of Turkey reported virtually flat gold reserves in April, with weekly data showing that short-term gold/USD swaps matured in April, leaving only longer-term (1-3 month) gold/USD swaps outstanding. More on Turkey’s recent reserve management operations can be found in our recently published Gold Demand Trends Q1 2026.
• Eastern European and Asian central banks continue to dominate gold purchases with consistent purchases. Over the past 36 months, both regions have purchased 12t and 11t per month on average collectively. Global central banks activity shows average net purchases of 29t over the same period (Chart 2).

Now the bad news: according to Goldman, even as the rebound signals a return to sturdy central bank demand, it’s trending at a fraction of last year’s average pace. Meanwhile, the driver of last year's tremendous move higher which pushed gold above $5000, has yet to return: the furious ETF buying that characterized the meltup phase in gold, is not there; in fact, ETFs continue to sell as all momentum-chasing liquidity has landed in such areas as chip and memory stocks.

That underscores that the market is currently more focused on the near-term headwinds for the bullion rather than its structural tailwinds.

Meanwhile, with Treasury yields and the dollar grinding higher as the US economy proves surprisingly resilient in the face of elevated oil prices, and with positioning on the back foot, the path ahead for gold remains challenged.

Tyler Durden Wed, 06/03/2026 - 18:50

Just when you thought Blake Lively's battle against Justin Baldoni was over, the whole mess has taken a new turn.

House Passes Dem Resolution to Block U.S. Military Action Against Iran In Narrow Vote

The U.S. House of Representatives passed a resolution on June 3 directing the withdrawal of U.S. troops from armed hostilities with Iran, in a closely divided 215–208 vote.

Four Republicans joined Democrats in supporting the measure, which invokes the 1973 War Powers Resolution to require President Donald Trump to either end the operations or seek explicit congressional approval to continue them.

The resolution comes amid ongoing tensions in the region.

Although Washington and Tehran announced a ceasefire on April 7, U.S. forces have enforced an armed blockade of Iranian ports, leading to several exchanges of fire.

On June 2, U.S. forces struck an oil tanker, prompting Iranian missile and drone attacks on U.S. positions in Kuwait and Bahrain.

Mixed Reactions and Political Context

House Speaker Mike Johnson (R-La.) argued that the timing of the resolution was problematic, as it could interfere with President Trump’s ongoing efforts to negotiate a lasting peace agreement with Iran.

“The president is now in the process of concluding a peace agreement, and we have to allow him the latitude to do that,” Johnson said. “I think a war powers resolution right now is very untimely.”

In contrast, Rep. Rosa DeLauro (D-Conn.) said Congress should have acted sooner to pull back U.S. forces. She expressed hope that more Republicans would support the measure, stating, “I’m hoping that they will see the light.”

This marks the second attempt in recent weeks. A similar resolution failed on May 14 in a 212–212 tie. Republican leadership had previously postponed a scheduled May 21 vote.

The measure now moves to the Senate, where passage is uncertain, and it would likely face a veto from President Trump if approved.

The vote reflects deepening divisions in Congress over the scope and authorization of U.S. military involvement in the Iran conflict, which began escalating in late February.

Supporters of the resolution argue it upholds congressional authority under the War Powers Resolution, which generally requires presidents to withdraw forces from unauthorized hostilities within 60 days (with a possible 30-day extension for safe withdrawal).

Tyler Durden Wed, 06/03/2026 - 18:25

Wiener has been the clear frontrunner in the race to succeed Nancy Pelosi in Congress.

A family friend of the Browns tells Page Six that he saw the reality star less than three weeks before his tragic death.

A family friend of the Browns tells Page Six that he saw the reality star less than three weeks before his tragic death.

Broadcom Crashes After AI Chip Revenue Forecast Misses

Broadcaom stock is plunging in after-hours trading, after the company reported Q2 results which delivered a disappointing forecast for AI chip revenue, signaling that the company is either progressing more slowly than anticipated in the burgeoning industry, or that unlike its peers, is actually truthful in predicting the potential of the AI bubble.

The historicals were ok: in the fiscal second quarter, which ended May 3, sales rose 48% to $22.2 billion, just barely beating the $22.1 estimate. AI semiconductor revenue was $10.8 billion, also just barely above estimates of $10.7 billion. That category includes custom-built accelerators - the chips used to develop and run AI models - as well as networking semiconductors. Adjusted EPS climbed to $2.44 a share, also modestly beat the median estimate of $2.39.

But the forecast was a problem: AI semiconductor revenue will be $16 billion in the fiscal third quarter, missing analyst estimates of $17.2 billion. Total revenue will be about $29.4 billion, which while higher than the $28.6 billion median estimate was below some buyside bogeys which ranged billions of dollars higher. EBITDA guidance of 68.0%, also missed the street at 69.1%.

The forecast miss is concerning: Broadcom has signed and expanded long-term deals with companies like Google, Anthropic and Meta but questions remain as to how much revenue will be recognized in each quarter, as opposed to being accounted for in a multiyear backlog. 

Investors were also disappointed after the company kept its full year AI target at 10GW in 2027 and $100BN in chip sales for the full year, instead of boosting guidance as it had in prior quarters. The pressure was also margin related as GOOGL TPU growth generating lower margins than networking and software. 

CEO Hock Tan has tied the company’s fortunes to AI gear, betting on a rapid expansion of data centers and other infrastructure. While Nvidia remains the dominant maker of AI accelerators, Broadcom has positioned itself as a key alternative. 

In hopes of boosting its operational leverage, Broadcom has been taking a bigger role helping finance the purchase of chips. As Bloomberg reported over the weekend, Apollo and Blackstone are working on a roughly $36 billion debt financing deal to help Anthropic pay for its Google chips that Broadcom helped develop. Broadcom is backstopping payments on the largest portions of the transaction, Bloomberg reported. So we have yet another circular deal: Broadcom is funding the SPV that will allow Anthropic to pay Google for Broadcom chips. You can see why the entire AI industry is now so careful about even the smallest drawdown: if even the smallest cracks appear, questions will once again start swirling about risk and ROI, and now that there are over $600BN in private credit SPV backstopping future growth, the entire house of cards could come crashing down.

Against that backdrop, the latest report failed to satisfy investors, with the stock crashing over 12% in late trading, erasing all the recent "gamma squeeze" gains orchestrated by market makers to set the stage for the coming mega IPOs. It was up 38% this year through the close; those gains have been cut in half after the results. 

 

While Broadcom has made progress in pivoting to artificial intelligence customers, it finds itself against increasingly cutthroat competition and higher expectations. Broadcom added roughly $270 billion in market value over the last five trading sessions before the earnings report, fueled by AI optimism. All of that has been wiped out. 

Tyler Durden Wed, 06/03/2026 - 18:18

Rep. Jimmy Gomez (D-Calif.) confessed he cheated on his wife — after The Post in April revealed he was seen kissing a congressional aide outside a DC party.

Sharpton argued that Trump’s embrace of a White House UFC event was connected to the same politics behind the redistricting fight.

The roll call Wednesday was 215-208, and cheers erupted in the House chamber.

California Democrats are about to face something they have mostly avoided for years: a real campaign focused on their record.

The reality star's body was recovered from a Washington State river last month. He was 43.

The reality star's body was recovered from a Washington State river last month. He was 43.

The Boys are back in town.

The internet is going barking mad over the beefcakes in blue.

SPLC Employee Funneled $1.2 Million To Neo-Nazi Lover - And More: DOJ Superseding Indictment

The Southern Poverty Law Center built a massive empire - ballooning to over $787 million in assets - by promising donors it was the frontline defender against "hate" and white supremacy. But according to the Department of Justice's superseding indictment, the organization allegedly funneled millions in tax-exempt donor dollars to the very extremists it publicly condemned.

The Juiciest Revelation: The $1.2 Million Romantic Entanglement

One of the most shocking details involves "F-9" - a field source affiliated with the neo-Nazi National Alliance. The SPLC allegedly paid this individual over $1.2 million while F-9 was in a romantic relationship with an SPLC employee.

While on the SPLC payroll, F-9 reportedly continued raising funds for the National Alliance.

1⃣ NATIONAL ALLIANCE

SPLC paid over $1.2M to "F-9," who was in a romantic relationship with an SPLC employee

While receiving SPLC donors' money, F-9 also raised funds for the National Alliance.

5/20

- Tyler O'Neil (@Tyler2ONeil) June 3, 2026 Other Damning Allegations From The Superseding Indictment

• F-30 (Nazi/KKK/Aryan Nations leader): Paid more than $70K after asking to leave the movement. Instead, the SPLC allegedly kept them on salary to host rallies, recruit, and publish extremist material.
• F-31 & F-32 (KKK members): Wanted out in 2010 but were allegedly bribed to stay active. Funds reimbursed cross-burning materials, including wood and fuel, and helped them gain leadership roles.
• F-37 (Unite the Right): Paid over $300K. This individual was in the leadership chat for the 2017 Charlottesville rally, made racist posts under SPLC supervision, and arranged transportation for attendees.
• F-42 (Neo-Nazi National Alliance chairman): Received $155K+ while simultaneously listed on the SPLC's own "Extremist File" webpage.
• Additional payments: Approximately $350K to a National Socialist Movement officer and $19K to American Front's national president, a convicted cross-burning felon.

READ IT

The Justice Department just secured a superseding indictment against the Southern Poverty Law Center, and it reveals some new bombshells

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- Tyler O'Neil (@Tyler2ONeil) June 3, 2026 The Bigger Picture: Alleged Hate-For-Profit Machine

The DOJ alleges the SPLC used fictitious entities and shell accounts, including fake "Rare Books" employment covers, to conceal payments totaling over $4 million. Donors were told the money would dismantle extremism - instead, it allegedly sustained rallies, recruitment, racist paraphernalia, and living expenses for extremists. The organization is accused of making payments amounting to over $1 million to a National Alliance affiliate, more than $300,000 to an Aryan Nations affiliate, $270,000 to a “Unite the Right” member, $140,000 to a former National Alliance chairman, $73,000 to former KKK members, and $19,000 to an American Front president and felon.

This ties into charges of wire fraud, false statements to banks, and conspiracy to commit concealment money laundering. Upon conviction, the SPLC could forfeit assets traceable to the alleged scheme.

The SPLC has denied wrongdoing, calling the program legitimate intelligence-gathering that has since been discontinued, and framing the case as political retaliation.

Tyler Durden Wed, 06/03/2026 - 18:00

BRB, packing our bags.

A disgraced educator was banned from the high school he teaches at after he allegedly attempted to sexually assault a child in Connecticut on Sunday.