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Statistics Canada released July’s consumer price index (CPI) data on Tuesday (August 19). The figures show that inflation decelerated in the month, posting a 1.7 percent year-on-year gain, down from the 1.9 percent recorded in June.

The most significant contributor to the fall was a 16.1 percent decline in gasoline prices from the same period last year.

Excluding the lower costs at the pumps, CPI remained steady at 2.5 percent, the same increase as May and June.

The national reporting agency released June’s mineral production survey on Wednesday (August 20).

The data indicates that production and shipments increased across the board, with copper production rising to 39.17 million kilograms, gold rising to 16,935 kilograms and silver increasing to 29,081 kilograms.

For shipments, copper increased to 45.96 million kilograms from 34.38 million kilograms, gold shipments rose to 18,554 kilograms from 16,725, and silver jumped to 31,391 kilograms from 27,614 kilograms.

On Thursday (August 21), Canadian Prime Minister Mark Carney had a phone call with US President Donald Trump. Although the prime minister’s office has provided few details, the two leaders reportedly had a “productive and wide-ranging conversation” about the current trade dispute, as well as economic and security relations.

Carney and Trump are expected to speak again soon.

South of the border, US Federal Reserve Chair Jerome Powell gave his speech at the Jackson Hole Economic Policy Symposium on Friday (August 22). In his remarks, he said that the Fed’s dual mandate goal is in balance, with the labor market remaining near maximum employment, while inflation has eased from post-pandemic highs.

However, he also said that “a shifting balance of risks may warrant adjusting our policy stance,” hinting at a near-term cut to the Fed’s benchmark interest rate. Expectations are high for a 25 basis point cut in September.

Markets and commodities react

Canadian equity markets were positive this week. The S&P/TSX Composite Index (INDEXTSI:OSPTX) was in record territory, closing the week up 1.44 percent to set at another all-time high of 28,333.13. The S&P/TSX Venture Composite Index (INDEXTSI:JX) did even better, climbing 2.45 percent to finish Friday at 803.61. The CSE Composite Index (CSE:CSECOMP) slumped mid-week but recovered on Friday to post a slight gain of 0.48 percent to 158.82.

US equity markets were mixed this week, but strong gains on Friday following Powell’s comments kept them in record high territory. The S&P 500 (INDEXSP:INX) was up 1.52 percent on Friday, but down by 0.16 percent over the past five days to 6,466.92, while the Nasdaq 100 (INDEXNASDAQ:NDX) rose 1.51 percent on Friday, but sank 1.33 percent on the week to 23,497.83 on Wednesday. Meanwhile, the Dow Jones Industrial Average (INDEXDJX:.DJI) was the sole weekly gainer, rising 1.89 percent on Friday and 1.04 percent on the week to post a new record high of 45,631.73.

The gold price was largely flat this week, but also surged on Friday after Powell hinted at a near-term rate cut, rising 1.11 percent on the week to US$3,373.21 per ounce by 4:00 p.m. EDT on Friday.

Silver saw similar movements, but ended the week with a more significant gain of 2.62 percent US$38.90 per ounce.

Copper saw little change again this week, posting a 0.22 percent decrease to US$4.52 per pound. The S&P GSCI (INDEXSP:SPGSCI) commodities index posted an increase of 1.92 percent by close on Friday, finishing at 545.11.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. StrategX Elements (CSE:STGX)

Weekly gain: 63.64 percent
Market cap: C$11.57 million
Share price: C$0.18

StrategX Elements is advancing a portfolio of projects in the Northwest Territories and Nunavut, Canada.

Its most recent focus has been its Nagvaak project in Nunavut, which hosts a 6 kilometer mineralized zone with deposits of nickel, vanadium, cobalt, copper, silver and platinum-group metals.

On March 3, the company discovered a wide zone of high-grade graphite mineralization at Nagvaak, with one assay returning an average of 15 percent graphitic carbon over 32 meters, including an intersection of 22 percent graphitic carbon over 17 meters. StrategX said the hole also returned encouraging concentrations of other minerals, including nickel, copper and silver, supporting potential for a multi-mineral system.

The most recent news from the project came on July 30, when the company announced it was in the process of mobilizing for a 2025 drill program intended to delineate and validate the discoveries.

On Tuesday, the company completed a non-brokered private placement for 3.71 million shares, raising gross proceeds of C$296,960. It announced the placement on August 7 and said funds would be used for general working capital.

2. Max Resource (TSXV:MAX)

Weekly gain: 62.5 percent
Market cap: C$12.59 million
Share price: C$0.065

Max Resource is an explorer working to advance a portfolio of projects in Colombia.

Its Sierra Azul property is a district-scale copper and silver project consisting of 20 mining concessions covering an area of 188 square kilometers in northeastern Colombia.

The asset is covered by a May 2024 earn-in agreement with Freeport-McMoRan (NYSE:FCX), in which Freeport can receive up to an 80 percent stake by funding of C$50 million over 10 years. The site hosts multiple target areas with high-grade copper and silver mineralization, including a 20 kilometer red-bed style copper system at the AM district.

Max also owns the Florália hematite direct-shipping ore iron project located in the Minas Gerais region. The company completed the acquisition of the property in October 2024 from Jaguar Mining (TSX:JAG,OTCQX:JAGGF) for total cash considerations of US$1 million and 4 million performance share units, contingent upon reaching certain milestones. The site hosts hematite deposits with grades over 60 percent iron. Max intends to use a direct-shipping ore process to mine, crush and screen the ore before exporting the material directly to steel mills.

The company’s most recent announcement came this past Tuesday, when it secured the right to acquire Mora title, which lies adjacent to Aris Mining’s (TSX:ARIS,NYSEAMERICAN:ARMN) Marmato mine. The property hosts 40 historic workings with five active mines, with reserves with grades of 3.2 grams per metric ton (g/t) gold from 31.3 million metric tons and a resource of 9 million ounces of gold grading 3 g/t from 61.5 million metric tons.

3. Maple Gold Mines (TSXV:MGM)

Weekly gain: 50 percent
Market cap: C$45.6 million
Share price: C$0.105

Maple Gold Mines is a gold exploration company focused on the advancement of its Douay and Joutel projects located in the Abitibi greenstone belt in Québec, Canada.

The Douay project covers an area of 357 square kilometers. In a 2022 technical report, the company said the site hosts an indicated resource of 511,000 ounces of gold from 10 million metric tons with an average grade of 1.59 g/t gold, with an additional inferred resource of 2.53 million ounces from 76.7 million metric tons at 1.02 g/t.

Joutel is located directly south of Douay. The company announced on May 5 that it had staked an additional 128 mining claims, bringing the total land area at the property to 111 square kilometers from the original 39. The site hosts Agnico Eagle Mines’ (TSX:AEM,NYSE:AEM) past-producing Eagle-Telbel gold mine, which operated from 1974 to 1993. To date, the company has used 250,000 meters of historic drill results to create 3D models to aid in current exploration efforts.

The most recent news from Maple came on Wednesday when it announced a C$5 million non-brokered private placement led by strategic investor Michael Gentile. Additionally, the company reported that Agnico Eagle has indicated it intends to participate in the offering to maintain its pro rata ownership interest in Maple Gold.

The release also said that it has appointed Marc Legault and Chris Adams to the board of directors.

4. Capitan Silver (TSXV:CAPT)

Weekly gain: 40.45 percent
Market cap: C$113.2 million
Share price: C$1.25

Capitan Silver is an explorer focused on advancing silver and gold projects in Durango, Mexico.

The company’s flagship asset is the 100 percent owned Cruz de Plata project, in the heart of Mexico’s historic Penoles Mining District. The district is known for hosting significant silver mineralization and historic mining.

The Cruz de Plata project encompasses two historic silver mines — Jesus Maria and San Rafael — and the El Capitan oxide gold prospect, all within a 22.9 square kilometer land package.

To date, the company has completed 86 diamond drill holes totaling over 11,550 meters.

A 2020 technical report demonstratesd an inferred resource of 16.99 million ounces of contained silver and 331,000 ounces of contained gold from 28.3 million metric tons of ore with grades of 18.7 g/t silver and 0.36 g/t gold.

The most recent news from Capitan came on Friday, when it announced it executed a definitive agreement to acquire a strategic land package at its Cruz de Plata property from Fresnillo (LSE:FRES,OTC Pink:FNLPF) for total cash considerations of US$4 million. The transaction was initially announced in June.

The new parcel consists of seven mineral concessions covering an area of 2,171.4 hectares and increases its total holdings in the area by 85 percent and the surface expression of the silver and gold trend by 1.2 kilometers to the east.

5. District Metals (TSXV:DMX)

Weekly gain: 36.9 percent
Market cap: C$163.98 million
Share price: C$1.15

District Metals is a uranium exploration company focused on advancing a portfolio of assets in Sweden.

Its flagship Viken property covers an area of 38,657 hectares in Jämtland County and in addition to uranium hosts mineral deposits of vanadium, molybdenum, nickel, copper and zinc.

On June 13, District filed a technical report for the project’s updated mineral resource estimate. It shows an indicated resource of 176 million pounds of U3O8 from 456 million metric tons of ore with a grade of 175 parts per million (ppm) U3O8 and an inferred resource of 1.54 billion pounds of U3O8 from 4.3 billion metric tons with a grade of 161 ppm.

The company has also been advancing its Tomtebo-Stollberg zinc project in South-Central Sweden. The project is part of an October 2023 definitive agreement in which Boliden (STO:BOL) can earn an 85 percent interest in the property by spending C$10 million over four years and District can earn a 15 percent stake in Boliden’s Stollberg property.

Tomtebo covers an area of 5,144 hectares and hosts the historic Tomtebo and Lovas mines, while Stollberg covers an area of 5,180 hectares and is located near Boliden’s Garpengerg mine.

The most recent update from Tomtebo came on July 29, when District released assays from a five hole, 2,485 meter drill program conducted between February and April. One highlighted drill hole recorded multiple zones of silver and base metals mineralization, including 88 g/t silver, 3 percent zinc and 1.9 percent lead over 7.85 meters.

The company has not released any news since.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will fall short of the U.S. government’s lofty outlook as pockets of plant disease and heat stress dented yields in spots across the farm belt, crop consultancy Pro Farmer said on Friday.

Growers are also expected to reap a bumper soybean crop, although dry conditions in parts of the eastern Midwest and pockets of disease pressure in Iowa may limit yield potential, Pro Farmer said after its annual four-day tour across seven top-producing states this week.

The United States is the world’s top corn exporter and No. 2 soybean exporter, and favorable weather in most of the main growing states supported crops but pushed futures prices to recent multi-year lows.

The warm and wet conditions that fueled crop growth also fostered fungal diseases such as tar spot, southern rust and northern blight in corn, and sudden death syndrome in soybeans.

“Each day we’ve noted the disease pressure in corn. Tar spot, southern rust more widespread than we’ve ever seen before. Those are going to be some real yield robbers,” said Lane Akre, Pro Farmer economist and one of the leaders of the tour’s eastern leg.

Pro Farmer projected 2025 U.S. corn production at a record 16.204 billion bushels, with an average yield of 182.7 bushels per acre, and soybean production at 4.246 billion bushels, with an average yield of 53.0 bpa.

The outlook is below the U.S. Department of Agriculture’s latest forecast for corn production at a record 16.742 billion bushels with yields averaging 188.8 bpa, and soybean production at 4.292 billion bushels with record average yields of 53.6 bpa.

Crop scouts on the Pro Farmer tour saw more disease-hit fields than normal across the Midwest farm belt this week, although it is not yet clear whether these diseases will blow up into significant yield loss.

At one stop in northwest Illinois, the corn field appeared healthy and green from the roadside, but 30 to 40 steps in, leaves were streaked with rust, leaving crop scouts covered in color. Overhead, bright yellow crop dusters banked low as they sprayed wide white plumes of fungicide.

Jake Guse, a Minnesota row crop farmer and crop scout on the eastern leg of the tour, said disease levels were the worst and most widespread that many crop scouts had ever seen on the tour.

“As we traveled across Indiana, we started seeing more (disease). In Illinois, started getting bad — and it was all over Iowa,” Guse said of three of the largest producing states.

However, crop scouts also found exceptional yield prospects that could help cushion any disease-related yield decline.

The strong production prospects may not be welcome news to farmers, who are facing a third straight year of declining corn prices due to excess supplies and only a modest improvement in soybean prices, according to USDA data.

Production costs remain high while trade tensions with key markets like China, the top soybean importer, have left demand uncertain.

While the USDA is forecasting that the nation’s farm economy will improve in 2025, that boost will largely come from a massive influx of federal funding the Trump administration plans to send to rural America, according to USDA data.

Corn and soybean futures on the Chicago Board of Trade firmed this week as reports from the crop tour suggested that recent USDA harvest forecasts may be too high.

The benchmark CBOT December corn contract CZ25 ended the week up 1.5%, its first weekly gain in a week in five weeks, while November soybeans SX25 also rose 1.5% and hit a one-month high.

This post appeared first on NBC NEWS

Former National Security Advisor John Bolton, who served under President Donald Trump’s first administration, was the subject of FBI raids at his home and office Friday morning as federal authorities searched for classified documents. 

The raids follow a storied history between Trump and Bolton that has devolved into the pair trading repeated political blows on the public stage. 

News broke early Friday morning that FBI agents flocked around Bolton’s Maryland home and were seen carrying out boxes, which was followed hours later by the FBI raiding Bolton’s Washington, D.C., office.

‘I’m not a fan of John Bolton,’ Trump told reporters on Friday morning after the raids began, adding he saw the reports but was not aware of details on the raid ahead of time. ‘He’s a real sort of a lowlife.’

‘He’s a very quiet person, except on television, if he can say something bad about Trump,’ Trump added. ‘He’s not a smart guy, but he could be a very unpatriotic guy. We’re going to find out.’

The remarks echo years of past comments the pair have shared in public forums airing their dissatisfactions with one another, most notably after Trump tapped Bolton to serve as his national security advisor in 2018. 

Fox News Digital took a look back at the pair’s relationship since Trump’s mad dash to fill his first administration in 2017, through his ouster of Bolton as the national security advisor and the ongoing clashes the pair have shared since. 

‘I like (Bolton),’ Trump said in 2015 while appearing on ‘Meet the Press’ just weeks after announcing his candidacy for the White House. ‘I think he’s, you know, a tough cookie, knows what he’s talking about.’

Bolton was first speculated as a likely pick to serve as Trump’s secretary of state in December 2016, when Trump was preparing for his first inauguration after his upset victory over Hillary Clinton in the election that year. Pundits touted Bolton as an experienced foreign policy hawk who could bolster Trump’s diplomatic agenda, and conservative outlets such as the National Review’s editorial board implored the Trump transition team to choose Bolton, identifying him as a ‘hard-headed realist whose focus is always the national interest.’

Trump, however, ultimately tapped Rex Tillerson to serve as secretary of state. 

Bolton showered Trump with praise of his own ahead of his confirmation as national security advisor in 2018, calling the president ‘a terrific guy’ who ‘knows a lot’ when the administration kicked off in 2017. 

The warm relationship got cozier when Trump announced in 2018 on X that he called on Bolton to serve as his national security advisor 

‘I am pleased to announce that, effective 4/9/18, @AmbJohnBolton will be my new National Security Advisor. I am very thankful for the service of General H.R. McMaster who has done an outstanding job & will always remain my friend. There will be an official contact handover on 4/9.’

‘I didn’t really expect that announcement this afternoon,’ Bolton said on Fox News shortly after the announcement. ‘But it’s obviously a great honor and always an honor to serve our country.’

The pair found common ground on issues such as withdrawing the U.S. from the Joint Comprehensive Plan of Action, otherwise known as the Iran nuclear deal, which was an Obama-era agreement with other world powers to limit Iran’s nuclear capabilities. 

Trump ultimately pulled the U.S. out of the agreement in 2018, slamming it as a ‘horrible one-sided deal that should have never, ever been made,’ and was backed by his hawkish group of foreign policy advisors, such as Bolton and then-Secretary of State Mike Pompeo. 

Bolton’s relationship with Trump began to sour as he advanced hard-line strategies toward U.S. adversaries, including Iran and North Korea. He had long advocated regime change in Tehran, though he later clarified in his role as national security advisor that American policy was ‘not regime change,’ but rather a push for ‘massive change in the regime’s behavior.’ Trump, by contrast, initially favored a more diplomatic path, urging that flaws he saw in the Iran nuclear deal be renegotiated before ultimately deciding to withdraw from the agreement altogether. 

‘John Bolton is absolutely a hawk. If it was up to him, he’d take on the whole world at one time, okay?’ Trump said of Bolton in June 2019, underscoring the bubbling tensions between the two on foreign policy. 

In April 2018, Bolton suggested North Korea follow Libya’s example of denuclearization, which he called the ‘Libya model,’ and included the country giving up its nuclear weapons in 2003 in exchange for the lifting of economic sanctions. Bolton’s comments about such a model for North Korea set off condemnation in Pyongyang as they raised concerns this would lead to potential regime change. 

Trump cited the comment following Bolton’s abrupt exit from the White House in September 2019. 

‘We were set back very badly when John Bolton talked about the Libyan model … what a disaster,’ Trump told reporters at the time. 

Days ahead of Bolton’s ouster, Trump was slated to meet with Taliban leaders in an effort to negotiate peace in Afghanistan, but the meeting never took place and Bolton reportedly slammed such an effort in conversations with Trump, media outlets reported at the time. 

Bolton was ousted from his role as national security advisor Sept. 10, 2019, with Trump characterizing the departure as a firing, and Bolton saying he tendered his resignation and was not fired. 

‘I informed John Bolton last night that his services are no longer needed at the White House,’ Trump tweeted in 2019. ‘I disagreed strongly with many of his suggestions, as did others in the Administration, and therefore I asked John for his resignation, which was given to me this morning. I thank John very much for his service. I will be naming a new National Security Advisor next week.’

Bolton shot back on X that he ‘offered to resign last night and President Trump said, ‘Let’s talk about it tomorrow.”

The former national security advisor was replaced by Robert C. O’Brien, with Trump and Bolton continuing their contentious relationship years later. 

The raid on Bolton’s home is part of the ‘early stages of an ongoing investigation into John Bolton,’ Vice President JD Vance said Friday during an appearance on ‘Meet the Press.’ Bolton was not arrested or in custody amid the early morning raids. 

The searches are focused on potential classified documents agents believe Bolton may still possess, Fox News reported. 

This post appeared first on FOX NEWS

Cracker Barrel Old Country Store, the chain of southern-style restaurants with a gift shop that lines highways across America, has gotten a makeover. Their logo has lost the ‘Old Country Store’ tagline, as well as the iconic man in a chair resting his arm on a barrel in favor of the words Cracker Barrel in text only. Inside, per patron videos of remodeled locations, gone is the dark nostalgic feel replaced with a sterile renovation. The knick-knacks have gone from quirky kitsch from yesteryear to something you might see in a suburban craft store. 

While the company’s CEO has said that initial reaction to these changes was positive, the verdict across social media was very much the opposite. The new look removes the old-school charm and character that was central to the brand’s identity for decades. 

Cracker Barrel is just the latest in a string of companies, including Jaguar more recently and even Coca-Cola in the mid-’80s with their New Coke rollout, to violate the critical principle of making sure that you do not alienate your loyal customer base. 

I wear many hats in business and have more than 20 years of experience as an advocate for loyal customers and clients in business, working in an outsourced CCO (Chief Customer Officer) function and sharing my proprietary customer loyalty models via speeches and consulting with both the biggest companies in the world and a variety of small and mid-sized businesses. And I firmly believe that one of a company’s most important assets isn’t listed on its balance sheet: the company’s loyal customers. 

Loyal customers are easier to sell more to, both in frequency of purchases and upsells, because they already love your business and have often given you permission to communicate with them and build a relationship. They are also excellent advocates for generating new business via their own advertising efforts — word of mouth, posts on social media and more. 

While it is a challenge for companies to continually grow, and publicly traded companies are under even more pressure to do so, mathematically, growth becomes harder if you are losing customers from your key customer base. 

If you make your customers believe you do not care about them and their relationship with your brand and company, it is going to be very difficult for you to be successful in your business. This is the stark reality many businesses who have sought out new customers have faced lately. It’s fine to reach new customers, but you must do it carefully and in a way that doesn’t simultaneously burn goodwill with your existing customers. 

New customers should never be treated better or given more weight than existing, loyal customers. 

In my own social media post resharing a video of a Cracker Barrel dining room remodel, I received thousands of interactions. Among the majority comments from long-time customers expressing their displeasure at the changes, one other comment stood out. The poster said, ‘I don’t eat there but it looks nice to me.’ 

And that is the crux of the issue. The poster is not a customer, and based on the comment, is not likely to become a customer. So, seeking her approval is not a revenue-enhancing win for the company. Maybe it gets some ROE (return on ego) points for the marketing team, but it doesn’t get ROI (return on investment) for shareholders.  

For Cracker Barrel, losing character in a time when corporatization is making everything around us bland and soulless feels like something enjoyable from the past is being killed off. And for a brand which has been based on nostalgia — from their décor to their nostalgic candy and wares in their adjacent store — it doesn’t make a lot of sense.  

I am a long-time Cracker Barrel patron. I stop in whenever I am on the road. And as a long-time customer, as well as business advisor and executive, I can tell you that Cracker Barrel’s logo was not their issue.  

My last stop in was in June on a road trip. I noted that I hadn’t been there in a while prior, because I hadn’t been on the road much. And in a moment where convenience is a part of the equation and DoorDash has taken hold of younger generations, it is harder to get touchpoints with a brand, even if you want them. This is a much bigger strategic endeavor that Cracker Barrel needs to think through. 

My other issue was the menu. They had taken off my favorite item and their hashbrown casserole tasted off — the food overall wasn’t as fresh as I had experienced in the past. In my social media post, there were several comments about a decline in food quality over recent years. Making the menu and food quality rock-solid is critical for a restaurant, particularly when consumers are trying to stretch their dollars. 

Cracker Barrel isn’t the first and certainly won’t be the last company to fall into the trap of thinking that all change is good. Companies should be bringing their customer voices to the table, which can be accomplished with a CCO whose job it is to know the customers well and advocate for them within the company or other loyalty specialist advising.  

Loyalty is hard to build and easy to lose. Companies always want to attract new customers, but that isn’t effective if relationships with existing customers aren’t nurtured at the same time. 

This post appeared first on FOX NEWS

As the 11th member of former President Joe Biden’s administration appeared before the House Oversight Committee this week, Fox News Digital asked senators on Capitol Hill if former Vice President Kamala Harris should testify next. 

‘I think they should take her behind closed doors and figure out what she knows and what she’s willing to talk about,’ Sen. Roger Marshall, R-Kan., said. 

House Oversight Committee Chair James Comer, R-Ky., is leading the investigation into the alleged cover-up of Biden’s cognitive decline and use of the autopen during his tenure as president. 

Comer said on Fox News’ ‘The Ingraham Angle’ last month that the ‘odds’ of Harris getting a subpoena to appear before the House Oversight Committee are ‘very high.’ 

While Marshall told Fox News Digital that Harris should testify, he admitted, ‘I don’t think you need her testimony to show Americans what I knew as a physician a long time ago, that Joe Biden had a neurodegenerative disease of some sort.’

Marshall has a medical degree from the University of Kansas and practiced medicine for more than 25 years before running for public office. 

‘All you had to do is look at his very fixed, flat face,’ Marshall explained. ‘Look at his gait, the way he walked. He had a shuffled walk. He didn’t move his arms, hardly at all. When he talked, it was very monotone, a very soft voice. He had malingering thought processes. I don’t think it took much to figure that out.’

After listing the former president’s symptoms, the Kansas senator lamented that Biden ‘turned weakness into war,’ creating a national security threat. 

During Biden’s presidency, the United States’ withdrawal from Afghanistan resulted in the death of 13 U.S. soldiers, Russia invaded Ukraine and Hamas attacked Israel, triggering the ongoing war in Gaza.

But as Republicans demand transparency, Sen. Richard Blumenthal, D-Conn., told Fox News Digital that he is far more worried about the ‘challenges we face right now,’ particularly on the economy, inflation and the impact of Trump’s tariff policies. 

Meanwhile, Sen. John Hoeven R-N.D., defended the accountability argument, telling Fox News Digital that Americans ‘always want more information and more transparency.’

‘If you’re involved in an administration, you [should] always be willing to come in and say what you did and why you did it, and you know what it’s all about. I mean, that’s how it works, and that’s what the American people want,’ he said. 

Fox News Digital reached out to Biden and Harris for comment but did not immediately receive a response. 

Fox News Digital’s Elizabeth Elkind contributed to this report. 

This post appeared first on FOX NEWS

Justice Ketanji Brown Jackson criticized on Thursday what she said were the ‘recent tendencies’ of the Supreme Court to side with the Trump administration, providing her remarks in a bitter dissent in a case related to National Institutes of Health grants.

Jackson, a Biden appointee, rebuked her colleagues for ‘lawmaking’ on the shadow docket, where an unusual volume of fast, preliminary decision-making has taken place related to the hundreds of lawsuits President Donald Trump’s administration has faced.

‘This is Calvinball jurisprudence with a twist. Calvinball has only one rule: There are no fixed rules. We seem to have two: that one, and this Administration always wins,’ Jackson wrote.

The liberal justice pointed to the Oxford English Dictionary’s definition of Calvinball, which describes it as the practice of applying rules inconsistently for self-serving purposes.

Jackson, the high court’s most junior justice, said the majority ‘[bent] over backwards to accommodate’ the Trump administration by allowing the NIH to cancel about $783 million in grants that did not align with the administration’s priorities.

Some of the grants were geared toward research on diversity, equity and inclusion; COVID-19; and gender identity. Jackson argued the grants went far beyond that and that ‘life-saving biomedical research’ was at stake.

‘So, unfortunately, this newest entry in the Court’s quest to make way for the Executive Branch has real consequences, for the law and for the public,’ Jackson wrote.

The Supreme Court’s decision was fractured and only a partial victory for the Trump administration.

In a 5-4 decision greenlighting, for now, the NIH’s existing grant cancellations, Chief Justice John Roberts sided with the three liberal justices. In a second 5-4 decision that keeps a lower court’s block on the NIH’s directives about the grants intact, Justice Amy Coney Barrett, a Trump appointee, sided with Roberts and the three liberals. The latter portion of the ruling could hinder the NIH’s ability to cancel future grants.

The varying opinions by the justices came out to 36 pages total, which is lengthy relative to other emergency rulings. Jackson’s dissent made up more than half of that.

George Washington University law professor Jonathan Turley observed in an op-ed last month a rise in ‘rhetoric’ from Jackson, who garnered a reputation as the most vocal justice during oral arguments upon her ascension to the high court.

‘The histrionic and hyperbolic rhetoric has increased in Jackson’s opinions, which at times portray her colleagues as abandoning not just the Constitution but democracy itself,’ Turley said.

Barrett had sharp words for Jackson in a recent highly anticipated decision in which the Supreme Court blocked lower courts from imposing universal injunctions on the government. Barrett accused Jackson of subscribing to an ‘imperial judiciary’ and instructed people not to ‘dwell’ on her colleague’s dissent.

Barrett, the lone justice to issue the split decision in the NIH case, said challenges to the grants should be brought by the grant recipients in the Court of Federal Claims.

But Barrett said ‘both law and logic’ support that the federal court in Massachusetts does have the authority to review challenges to the guidance the NIH issued about grant money. Barrett joined Jackson and the other three in denying that portion of the Trump administration’s request, though she said she would not weigh in at this early stage on the merits of the case as it proceeds through the lower courts.

Jackson was dissatisfied with this partial denial of the Trump administration’s request, saying it was the high court’s way of preserving the ‘mirage of judicial review while eliminating its purpose: to remedy harms.’

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Hours of interviews between Jeffrey Epstein associate Ghislaine Maxwell and a federal prosecutor were released by the Department of Justice on Friday afternoon. 

During the recorded sessions in which the convicted sex offender, who was found guilty for her role in Epstein’s crimes, was granted immunity, she made several interesting claims. 

Here are 10 top takeaways. 

Claims there is no client list

Maxwell denied the existence of a black book with Epstein’s clients on it – and least to her knowledge. 

‘There is no list,’ she told Deputy Attorney General Todd Blanche. 

Maxwell said she believed the origin of rumors that there was a list came in 2009 after Epstein had finished a 13-month sex trafficking sentence in Florida, and a lawyer at Rothstein Adler involved in a civil suit against him called the FBI to say he had a ‘piece of evidence’ that belongs to Epstein.

That was ‘the list,’ she claimed, adding that she believes he became a confidential informant to the FBI.

She said he obtained the list through a sting operation involving Epstein’s former butler, who said in a deposition he had ‘handwritten notes, or a journal, whatever.’ 

Doesn’t believe Epstein killed himself

Maxwell said she doesn’t believe Epstein killed himself when he was found hanging in his New York jail cell in 2019. 

‘I do not believe he died by suicide, no,’ she told Blanche when asked. 

She added that she didn’t have any speculation about who could have killed him, but claimed the U.S. Bureau of Prisons is rife with mismanagement. 

‘If it is indeed murder, I believe it was an internal situation,’ she said, adding she didn’t believe his death was a way to silence him. 

‘I do not have any reason to believe that,’ she told Blanche. ‘And I also think it’s ludicrous because if that – I also happen to think if that is what they wanted, they would’ve had plenty of opportunity when he wasn’t in jail. And if they were worried about blackmail or anything from him, he would’ve been a very easy target.’

Never saw President Donald Trump do anything inappropriate

Maxwell said while she believes President Trump (before he was president) and Epstein were friendly, she didn’t think they were ‘close.’

‘I think they were friendly, like people are in social settings. I don’t — I don’t think they were close friends or I certainly never witnessed the president in any of — I don’t recall ever seeing him in his house, for instance.’ she said. ‘I actually never saw the president in any type of massage setting.’

She added, ‘I never witnessed the president in any inappropriate setting in any way. The president was never inappropriate with anybody. In the times that I was with him, he was a gentleman in all respects.’ 

Former President Bill Clinton never went to Epstein’s island 

Maxwell claimed that former President Bill Clinton, whose name has previously been linked to Epstein, ‘absolutely never went’ to Epstein’s Caribbean island where sex trafficking of young girls took place. 

She added, ‘I can be sure of that because there’s no way he would’ve gone – I don’t believe there’s any way that he would’ve gone to the island, had I not been there. Because I don’t believe he had 16 an independent friendship, if you will, with Epstein.’ 

She also said that Clinton was her friend, not Epstein’s, and that she knew him through the Clinton Global Initiative and was part of the inception of the organization. 

Calls Epstein ‘disgusting,’ but doesn’t believe he’s guilty of everything he was accused of 

Maxwell called Epstein ‘disgusting’ in the interview but said she doesn’t believe he was guilty of all the accusations. 

‘I do believe that Epstein did a lot of, not all, but some of what he’s accused of, and I’m not here to defend him in any respect whatsoever,’ Maxwell told Blanche. ‘I don’t want to, and I don’t think he requires, nor deserves any type of protection or – from me in any way, to sugarcoat what he did or didn’t do.’

She added, ‘This is one man. He’s not some – they’ve made him into this – he’s not that interesting. He’s a disgusting guy who did terrible things to young kids.’

Never saw Prince Andrew do anything inappropriate and believes the photo of him with accuser Virginia Giuffre is fake

Maxwell told Blanche that she also never saw Prince Andrew do anything inappropriate while she was with him, adding that she believes the infamous photo of the prince with his hand around accuser Virginia Giuffre when she was 17 isn’t real. 

‘I believe it’s literally a fake photo,’ she said of the picture, purported to have been taken at her former London townhouse. ‘I do not know that they met.’

Giuffre died of suicide earlier this year. She had accused the royal of forcing her into sex inside Maxwell’s home in London’s ritzy Belgravia neighborhood. The prince was relieved of his royal duties amid fallout from the scandal but has always denied allegations of wrongdoing. He agreed to pay Giuffre an undisclosed settlement in 2022 and to donate to her charity for crime victims.

Maxwells claims she has memory problems after being on suicide watch for 2 years

Maxwell claimed to Blanche her ‘memory’s not as good as it was’ because she was kept on suicide watch at the Metropolitan Detention Center in Brooklyn after her arrest for nearly two years, and she was woken up every 15 minutes. 

She said because of her memory lapses she had taken notes before the interviews, and throughout the interview still struggled to recall many details. 

Claims Epstein had a heart condition and told her he couldn’t have sex often

Maxwell said that when she traveled with Epstein, they slept in the same bed, but he told her he had a heart condition and couldn’t have sex frequently. 

‘Which meant that he didn’t have intercourse a lot, which suited me fine, because I actually do have a medical condition, which precludes me having a lot of intercourse,’ she told Blanche. 

She added that she didn’t know the exact nature of the condition, but he liked ‘other forms of sexual activities.’

Claims Epstein never loved her and said she wasn’t his type and that he told people to lie to her 

Maxwell told Blanche she and Epstein had a friends with benefits relationship while she was working with him, but at one point Epstein said that one of his associates didn’t want to be seen with her too much because of her father’s company’s embezzlement accusations. 

But she said she believed that was all a ruse just to keep her from traveling with Epstein. 

‘Today – not contemporaneously, but today I don’t believe that that’s even true. I think it was used as a means to not have me travel with him to Ohio or whatever. It was just a way to park me,’ she said.

She added that after her arrest during the legal discovery process she saw evidence that ‘he would actively tell other people to lie to me or conceal things from me, and that he never loved me and I wasn’t his type.’ 

Claims Epstein took testosterone, which altered his character 

Maxwell also claimed that in the late ‘90s, Epstein started taking testosterone, ‘and that altered his character.’

While discussing the frequency at which he got sexual massages, she said the testosterone both made him more ‘aggressive’ and she thought it likely ‘altered his desires.’

Maxwell is serving a 20-year prison sentence for sex trafficking of minors. 

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Citing a shifting economic situation in the US, Federal Reserve Chair Jerome Powell indicated that the central bank is ready to adjust interest rates during his speech at the Jackson Hole Economic Policy Symposium.

Powell indicated that the Fed’s dual mandate goal is essentially in balance, saying the labor market remains close to maximum employment and that inflation has eased from post-pandemic highs, although it remain elevated.

However, the Fed head also noted that “the balance of risks appears to be shifting,” with significant uncertainty in the economy as a result of higher tariffs, tighter immigration and a slowdown in the pace of growth in the labor market.

“Over the longer run, changes in tax, spending, and regulatory policies may also have important implications for economic growth and productivity,” Powell added in his Friday (August 22) address.

The biggest challenge for the Fed is maintaining its dual mandate of ensuring too much slack doesn’t enter the labor market, which Powell said could happen quickly, while also attempting to ease inflation to the target 2 percent.

“A material slowing in employment growth may not be a signal that the economy is entering a downturn, but a symptom of structural shifts in the economy. For this reason, Powell and others in the Federal Open Market Committee (FOMC) have pointed to the unemployment rate as a more useful indicator of the health of the labor market,” she said.

Although tariffs are likely to take some months to work their way through the economy, with Powell suggesting there is still high uncertainty, he also indicated that “the shifting balance of risks may warrant adjusting our policy stance.”

His remarks are in line with analysts’ expectations of a 25 basis point cut to the benchmark rate in September.

In 2024, the Fed made three cuts: a 50 basis point cut in September, followed by two 25 basis point cuts in October and November. So far, it has not made reductions in 2025; however, it faced dissent from two committee members at its July meeting, the first time more than one member has voted against the committee since December 1993.

The gold price jumped following Powell’s remarks on Friday, gaining nearly 1 percent in morning trading, reaching US$3,370 per ounce by 1:00 p.m. EDT. Silver rose more than 2 percent to hit US$38.94 per ounce.

Equity markets were also in positive territory during morning trading.

The S&P 500 (INDEXSP:INX) climbed 1.49 percent to 6,465 points, and the Nasdaq 100 (INDEXNASDAQ:NDX) rose 1.48 percent to 23,485 points. Meanwhile, the Dow Jones Industrial Average (INDEXDJX:.DJI) surged 2 percent to trade in record territory at 45,687 points.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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By Darren Brady Nelson

One of former President Ronald Reagan’s most famous quotes is “trust, but verify.” He made that remark on December 8, 1987, to then-Soviet General Secretary Mikhail Gorbachev as the audience gathered on that historic day for a nuclear arms treaty.

In the wake of US President Donald Trump’s April “Liberation Day” tariffs, it is time once again to “trust, but verify.” That is, that the economy is still on track for a new “golden age of America.” And that we will continue in a “golden age,” pun intended, for investing in gold.

Source: the White House.

Tariffs are not inflation

Trump’s tariffs have added to uncertainty, but they are not inflationary per se. The famous Nobel Prize-winning monetary economist, Milton Friedman, summarized what he had learned from the most comprehensive empirical study ever undertaken on inflation in the following quote:

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. A steady rate of monetary growth at a moderate level [may allow] little inflation and much growth.”

Another monetary economist of the 20th century, but not quite as famous as Friedman, was Ludwig von Mises. He agreed with the first half of the quote above, but not the second. He also supported a gold standard, as seen below, as protection from inflation and accompanying boom-bust cycles:

“All economic activity is based upon an uncertain future. It is therefore bound up with risk.” Thus: “There is no such thing as a safe investment.” But: “The…gold standard alone is a truly effective check on the power of the government to inflate the currency.”

Tariffs are just taxes

A student of Mises was Murray Rothbard. The latter wrote in Power and Market that the burden of a sales tax falls entirely on the supplier and supply chain, not the consumers, yet tariffs inexplicably do the opposite. The former is closer to the truth, depending on elasticities.

Media pundits often claim that businesses pass forward tax increases, like tariffs, to consumers. This is a half-truth. The other half of this half-truth is that businesses take a hit, so that they invest and hire less. This means foreign businesses, more than American consumers.

And rather than just a 50/50 split between supply and demand, as per the graph below, economics and history show it is more like an 80/20 situation. That 80 includes a pass backward in the supply chain. This means foreign supply chains, more than American supply chains.

Source: SlidePlayer.

Rationale for Trump’s tariffs

Trump’s tariffs have created extra uncertainty, but not nearly as much as the neoliberals, on the left or right, would suggest by their outrage and alarm. Firstly, imports and import elasticities are relatively low in the US.

Secondly, Trump’s strategy is consistent with the same three exceptions to free trade, and in the same order, as did the classical liberal, and godfather of free trade economics, Adam Smith.

The first exception is not only about directly decoupling from communist China, for targeted defense purposes, but also indirectly, for broader strategic purposes, by weakening the Communist Party of China to the point of regime change, as Reagan did to the USSR.

The second and third exceptions, of reciprocity and retaliation, are part of the “art of the deal.” This three-pronged strategy, despite the outcry as being anti-free trade, is not only trying to put America first, but also to restore genuine free trade. It is a well-calculated risk.

Impact of these tariffs

According to the US Bureau of Labor Statistics (BLS) in its press release of July 17: “Import prices ticked up 0.1% in June, following a decrease of 0.4% in May, and an advance of 0.1% in April.”

The BLS added that: “Prices for US imports fell 0.2% from June 2024 to June 2025, matching the 12- month decline for the year ended May 2025. Those were the largest annual decreases since the index fell 0.9% for the year ended February 2024.”

The BLS also provided an interactive chart of the Import Price Index (IPI). Highlights from the Trump 47 era for “all imports” include: IPI increased, but at a declining rate, by 1.7 percent in February, 0.8 percent in March and 0.1 percent in April; then decreased by -0.2 percent in May and -0.2 percent in June.

“Consumer goods” are also illuminating: IPI dropped from 1.2 percent in November 2024 to -0.8 percent in March 2025; then sunk further to -1.2 percent in May before rising to -0.6 percent in June, but still negative.

The story with “industrial supplies and materials” was that: IPI grew at 5.7 percent in February, then plunged to 1.9 percent in March; followed by shrinking down into negative territory of -2 percent in April, -3.6 percent in May and -3.2 percent in June.

Source: BLS.

Conclusion

Many Main Street investors, and even those on Wall Street, are aware that gold is a great hedge against both inflation and uncertainty; and it is. But few on either streets also know that it is a great investment that outperforms the S&P Index; and it does.

Gold is very rare indeed, and not just in terms of its physical scarcity, but in its unique ability to be both a safe-haven investment and a performance investment as well. The two charts at the end demonstrate gold’s protection and gold’s growth over the decades.

Therefore, for American investors it is still the right time to “trust” in gold growth to come, “but verify” through gold protection in the meantime. Thus, when one has gold, “heads” you win and “tails” you don’t lose.

Sources: FRED (CPI) (GDP) (M3); Shiller Data (S&P); World Bank (gold).

About Darren Brady Nelson

Darren Brady Nelson is chief economist with Fisher Liberty Gold and policy advisor to The Heartland Institute. He previously was economic advisor to Australian Senator Malcolm Roberts. He authored the Ten Principles of Regulation and Reform, and the CPI-X approach to budget cuts.

Read the rest of the series: Goldenomics 101: Follow the Money, Goldenomics 102: The Shadow Price of Gold, Goldenomics 103: Gold Protects and Performs.

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House Oversight Committee Chair James Comer, R-Ky., is lauding FBI Director Kash Patel and other Trump administration officials for their promises to take down the ‘deep state’ as federal agents raided John Bolton’s home and office.

‘I don’t know what John Bolton did. Obviously, he deserves due process,’ Comer told ‘America’s Newsroom’ on Friday.

‘But I do believe that Kash Patel and [Attorney General] Pam Bondi and [CIA Director] John Ratcliffe and [Director of National Intelligence] Tulsi Gabbard are serious about holding the deep state accountable for all the mistakes and all the abuses of power that we’ve witnessed from the deep state over the past decades.’

Comer pointed to Patel’s post on X early on Friday morning that said ‘NO ONE is above the law.’

‘I think today’s a positive day. We’ll see what Bolton had in his possession,’ Comer said.

Meanwhile, the chair of the House Permanent Select Committee on Intelligence, Rep. Rick Crawford, R-Ark., said in a statement that he was ‘monitoring the situation closely.’

‘While all accused are presumed innocent until proven guilty in a court of law, the news of this situation is incredibly troubling. Nobody is above the law,’ Crawford said, adding that he was grateful for Patel and Bondi’s ‘professionalism’ in the matter.

A spokesperson for the committee told Fox News Digital that the FBI gave Crawford, as well as the top Democrat on the committee, Rep. Jim Himes, D-Conn., prior notice before executing the raid. Fox News Digital reached out to Himes’ office for comment.

Federal agents raided Bolton’s Maryland home in the early hours of Friday morning. Agents were also seen going into Bolton’s Washington, D.C., office.

A source told Fox News that the raid was related to potential classified documents in Bolton’s possession.

Bolton served as President Donald Trump’s national security advisor from April 2018 through early September 2019, during the Republican leader’s first term.

He was previously ambassador to the United Nations under former President George W. Bush, from August 2005 through December 2006.

Since leaving the first Trump administration, however, Bolton has not shied away from criticizing the president on matters of national security and other issues.

Bolton, a lifelong Republican, made headlines in late 2024 when he announced he would not be voting for Trump in the November election, but rather writing in former Vice President Dick Cheney’s name.

Fox News Digital reached out to a spokesperson for Rep. Robert Garia, D-Calif., the top Democrat on the House Oversight Committee, for a response to Comer.

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