Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's great to have you here on this Tuesday, July 1st. I'm Julie Morgan. Texas mints a new way to pay.

ESPNIs a return to the diamond, and you can catch NASA on Netflix.

Texas Governor Greg Abbott has signed a bill into law that assigns gold and silver as

legal tender for everyday financial transactions within the state.

The bill is expected to take effect in May 27.

Under the new law, the comptroller's office will contract with a debit card

provider to facilitate transactions. Texans will be able to deposit gold or silver into their

accounts, and the debit card will convert those holdings into dollar amounts at the point of sale.

While specific details such as transaction fees and merchant participation

are still being developed, the system is envisioned to function much like a standard debit card.

City analysts said they foresee gold prices consolidating in the $3, $3,500 to $3,500 per ounce range

in Q3, as prices moderate due to geopolitical de-escalation in the Middle

East and an improved global growth outlook. The bank said it expects gold prices to fall back

to $2,500 to $2,700 by the second half of next year, and it strongly recommends gold producers

take insurance against the downside

and prices from the current levels. Disney's ESPN and Major League Baseball are in talks to repair

their fractured relationship and bring professional baseball back to the network. According to the

athletic, the talks are in early stages and would only provide the network

with local broadcast rights and pieces of ESPN's former package. The relationship disintegrated

early in 2025 when ESPN and the MLB mutually decided to end their 35-year partnership at the end of the 2025 baseball season.

While ESPN felt they were overpaying for broadcast rights, the league accused ESPN of

...