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It’s been a wild couple of weeks for gold and silver.

After surging to record highs at the end of January, prices for both precious metals saw significant corrections, creating turmoil for market participants.

This week brought some relief, with gold bouncing back from its low point and even trading above US$5,000 per ounce for a brief period of time.

Silver, which is known for outperforming gold on both the upside and the downside, was more volatile, but seems to have found support around the US$70 per ounce level.

Why did gold and silver drop, and more importantly, what’s next? As always, there are a variety of different factors at play, but I’ll give you a rundown of what I’ve been hearing.

Starting with the pullback, I spoke with Joe Cavatoni of the World Gold Council, who pointed to speculative players as a key reason for gold’s price decline. Here’s how he explained it:

‘At the end of this, you’re looking at a lot of people who were pushing the price higher — speculative in nature — pulling back and taking money off the table. That’s why I think we’re seeing a correction in the price. I don’t think that we have an issue with, fundamentally, what’s going on in the gold market.’

Gary Savage of the Smart Money Tracker newsletter made a similar comment, saying that there are times when sentiment gets so bullish that eventually there’s no one left to buy.

However, on the silver side he saw signs of market manipulation as well:

‘Some of it is just (that) we got way too bullish, ran out of buyers. We were due for some kind of correction anyway, and I think the banks took advantage of that and coordinated a huge overnight attack that dropped silver … I think it was almost 30 percent, or maybe it was 30 percent, almost overnight. That allowed them to get out of their shorts, because a lot of those contracts were going to stand for delivery, and they were going to have to buy physical silver at US$120 an ounce to to deliver.’

Adding more nuance to the silver story this week was the news that billionaire Chinese trader Bian Ximing has reportedly established the largest net short position on the Shanghai Futures Exchange, with his bet against the white metal clocking in at US$300 million.

Bloomberg analysis of exchange data shows he started ‘ramping up silver shorts’ in the last week of January, although he initially began shifting from a long silver stance this past November.

Aside from silver, Bian is known for his moves in gold and copper.

There’s also been commentary suggesting that the nomination of Kevin Warsh for the US Federal Reserve chair position has weighed on gold and silver prices.

President Donald Trump announced his choice on January 30, with market watchers quickly pointing to Warsh’s hawkish reputation and questioning whether he will fall in line with Trump’s calls for lower interest rates. Rates have been a sticking point between Trump and current Fed Chair Jerome Powell.

However, in the days since the news broke, the tone has shifted, with Trump himself saying that Warsh wouldn’t have gotten the job if he said he wanted to raise rates.

Taking a step back from what’s happening now, I want to emphasize that the majority of the experts I’ve been speaking with recently don’t believe gold and silver are topping.

In a January 25 interview, Adrian Day of Adrian Day Asset Management said exactly that, pointing to previous bull markets where both metals moved steeply down before continuing up. This quote is from before last week’s correction, but I think you’ll see why it’s still relevant:

‘A pullback is always in the cards. And people forget, everybody talks about … 1974 to 1975, when gold dropped almost 50 percent. But people forget, the same thing happened in 2006. Halfway through the bull market, you had a 30 percent correction in gold, which of course means a much bigger correction for gold stocks.

‘So a pullback at some point is always not just a possibility, but it’s almost a certainty. But if we rephrase the question to, ‘Is this a top?’ You know, absolutely not. In my view, we are absolutely nowhere near a top.’

With that said, a point that’s come up repeatedly in my interviews lately is personalization — while it’s valuable to listen to other people’s views, what’s really important is to form your own opinions and understand why you own the assets in your portfolio. If you can do that, you’ll be better equipped to weather any storms, and to buy and sell when it’s time.

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

This post appeared first on investingnews.com

Statistics Canada released January’s jobs report on Friday (February 6). The data showed that the Canadian workforce shrank by 25,000, or 0.1 percent.

Manufacturing experienced the largest decline, losing 28,000 workers, followed by education with 24,000, and the public sector, which decreased by 10,000. These declines were balanced by increases of 17,000 across information, culture, and recreation; 14,000 in business, building and support services; and 11,000 in agriculture.

Despite the declines, the unemployment rate fell 0.3 percentage points to 6.5 percent. While the rate was the lowest since September 2024, the agency notes that the decrease was driven by fewer people looking for work through the month, and coincided with a 0.4 percent drop in the labor force participation rate, which came in at 65 percent.

The release came just a day after the US Bureau of Labor Statistics (BLS) released its job opening report on Thursday (February 5) that showed that labor demand had decreased to its lowest level since September 2020, as December’s figures fell by 386,000 openings.

The report differs from the employment situation summary, which is typically released on the first Friday of each month. The report has been delayed due to the extended US government shutdown in late 2025 and will be released next Wednesday, February 11.

Employment data is an important metric for assessing the overall health of the Canadian and US economies and plays a significant role in helping central banks set interest rate policy.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1 percent over the week to close Friday at 32,470.98, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) shed 5.38 percent to 1,015.34. The CSE Composite Index (CSE:CSECOMP) dropped 1.22 percent to 167.56.

The gold price gained 4.84 percent to close at US$4,951.69 per ounce on Friday at 4:00 p.m. EST. The silver price didn’t fare as well, closing the week down 1.78 percent at US$77.32 on Friday.

In base metals, the Comex copper price recorded a 0.85 percent rise this week to US$5.93.

On the other hand, the S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was down 3.7 percent to end Friday at 587.55.

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.

Stocks data for this article was retrieved at 4:00 p.m. EST 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. Giant Mining (CSE:BFG)

Weekly gain: 69.57 percent
Market cap: C$27.51 million
Share price: C$0.39

Giant Mining is an exploration company working to advance its Majuba Hill District copper, silver and gold project north of Reno in Nevada, US.

The site consists of 403 federal lode mining claims and four private property parcels that cover an area of 3,919 hectares. Mining at the property took place between 1900 and 1950, resulting in the production of 2.8 million pounds of copper, 184,000 ounces of silver and 5,800 ounces of gold.

Extensive exploration work has been carried out at Majuba Hill, with 89,930 feet being drilled since 2007.

The most recent news from Giant came on January 30, when it reported that it planned to drill up to 10,000 feet in a multi-phase drill program at Majuba Hill, targeting three breccia zones.

Following the first phase of 5,000 feet of drilling, the program will include underground and surface sampling to support follow-up drill targeting for the remaining holes.

2. CGX Energy (TSXV:OYL)

Weekly gain: 64.71 percent
Market cap: C$66.02 million
Share price: C$0.28

CGX Energy is an oil and gas exploration company with 27.48 percent ownership of a portfolio of wells in the Corentyne block off the coast of Guyana. Frontera Energy (TSX:FEC) is the company’s joint venture partner in the Corentyne block and also holds 76.05 percent interest in CGX.

The Kawa-1 exploration well was drilled in 2021 and 2022 and encountered an active hydrocarbon system extending to a depth of 6,000 feet, mirroring trends in the Guyana-Suriname Basin. CGX’s Wei-1 well was drilled in late 2022 and is located on-trend between the Kawa-1 well and Exxon’s (NYSE:XOM) Pluma discovery.

CGX and Frontera are currently in a legal dispute with the government of Guyana, which believes the petroleum prospecting license for Corentyne expired in 2024, a stance the joint venture disagrees with. The most recent update on the matter mentioned plans to meet and discuss the situation, with potential dates in November or December of last year.

Shares in CGX posted gains this week, but the company has not released news since November 13, when it announced its third-quarter financial statements. However, Frontera announced on January 30 that it divested its producing Colombian assets while retaining its interests in Guyana, news that may signal that the Corentyne block permitting situation could still be resolved.

3. Saba Energy (TSXV:SABA)

Weekly gain: 61.11 percent
Market cap: C$12.07 million
Share price: C$0.29

Saba Energy is an oil and gas exploration company with operations in British Columbia, Canada, as well as the Philippines.

The company’s primary Canadian operations consist of the producing Boundary Lake and Laprise oil and gas fields, which have a net present value of C$43 million as of its September quarterly report.

The most recent news from Saba came on January 27, when it announced a heads-of-agreement with Nido Petroleum for a farm-in arrangement on a pair of offshore assets in the Philippines.

Saba will earn 60 percent of Service Contract 54 (SC54). SC54 covers an area of 550 square kilometers to depths of 50 to 110 meters and hosts three discovery wells and one production well, which previously produced 270,000 barrels at 19,000 barrels per day before it was closed due to water encroachment.

The company will also earn a 52.73 percent share in the DPPSC Cadlao, which covers an area of 914 square kilometers to depths of 93 meters. The site has 6.8 million barrels in reserves and produced 11.1 million barrels between 1982 and 1992.

If the transaction is completed, Saba will become the operator of both assets. The company plans to open a US$7.5 million convertible debenture private placement to achieve the requirement of raising US$7 million by mid-April.

4. Copper Giant Resources (TSXV:CGNT)

Weekly gain: 60.66 percent
Market cap: C$157.77 million
Share price: C$0.98

Copper Giant Resources is an exploration company advancing its Mocoa copper-molybdenum project in Southern Colombia. It changed its name from Libero Copper and Gold last year.

The property covers 1,324 square kilometers and hosts a copper porphyry system originally discovered in 1973.

A November 2025 mineral resource estimate significantly increased its resource. Mocoa now holds an inferred resource of 7.6 billion pounds of copper and 1 billion pounds of molybdenum, at 0.31 percent copper and 0.039 percent molybdenum, from 1.12 billion metric tons of ore. The upgrade made the project South America’s largest undeveloped molybdenum deposit.

The most recent news from Copper Giant came on January 29, when it reported results from the first drill hole at the La Estrella target. While assays returned low-grade mineralization, the company noted that the significance was geological, as it confirmed continuity of the porphyry system beyond the established deposit.

The release also reported results from a second hole at the southern edge of the Mocoa footprint, which the company said were stronger than previously interpreted at the southern margin of the deposits. Grades in the hole were 0.13 percent copper and 0.01 percent molybdenum over 804 meters starting from surface, which included an intersection of 0.44 percent copper and 0.05 percent molybdenum over 33 meters.

5. Benz Mining (TSXV:BZ)

Weekly gain: 50.46 percent
Market cap: C$749.9 million
Share price: C$3.25

Benz Mining is a gold exploration company that is focused on advancing projects in Québec, Canada, as well as Western Australia.

Its Eastmain project consists of an 8,000 hectare property located in Central Québec within the Upper Eastmain Greenstone belt. The most recent resource estimate from May 2023 reported an indicated resource of 384,000 ounces of gold from 1.3 metric tons of ore grading 9 g/t gold, and an inferred resource of 621,000 ounces of gold from 3.8 metric tons grading 5.1 g/t.

In 2025, Benz acquired the Glenburgh and Mount Egerton gold projects in Western Australia from Spartan Resources (ASX:SPR). It spent much of 2025 exploring Glenburgh, which covers an area of 786 square kilometers and features 50 kilometers of strike. The site hosts six priority extension targets and 5 kilometers of exploration trend with over 100 parts per billion gold.

A November 2024 resource estimate for Glenburgh showed an indicated and inferred resource of 510,000 ounces of gold from 16.3 million metric tons of ore with an average grade of 1 g/t gold.

On January 28, the company announced a shallow, high-grade discovery at the Glenburgh project’s Icon trend. Assays returned grades including 29 g/t gold over 13 meters starting at a depth of 60 meters. Additionally, results showed wide mineralization as well, including 200 meters grading 1 g/t gold starting at 76 meters.

The most recent news from Benz came the next day, when it announced it received firm commitments for a AU$75 million bought deal placement, which it said was led by strong demand from two global institutional fund. The company said the investment increases its pro forma cash position to AU$94 million, which will be allocated across its portfolio, particularly focused on the Glenburgh project.

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 December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

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

We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Tech stocks extended their selloff into their second week, with the Nasdaq Composite (INDEXNASDAQ:.IXIC) posting its steepest two‑day decline since last April.

    Monday (February 2) saw an early rotation out of tech ahead of Palantir Technologies (NASDAQ:PLTR) earnings report. NVIDIA (NASDAQ:NVDA) slipped on news that its proposed OpenAI‑backed investment hit a snag, dragging AI‑chip names like Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO) and other semiconductor leaders.

    Palantir’s earnings, which beat expectations and included an aggressive revenue growth guide, lifted shares in an early surge on Tuesday (February 3); however, Nvidia’s OpenAI‑investment‑snag news, plus general AI‑disruption worries and positioning, weighed on the broader tech stack, sparking a tech‑growth selloff that impacted NVIDIA, Microsoft (NASDAQ:MSFT) and other software‑heavy names.

    The Nasdaq fell deeper on Wednesday (February 4) as influential tech names such as AMD and other chip and software stocks reversed post‑earnings gains. AMD saw a sharp intraday plunge following its after‑hours earnings print on Tuesday. Its losses dragged the broader index lower.

    Tech selloffs extended into Thursday (February 5), with the Nasdaq closing down 1.6 percent as major tech stocks saw profit‑taking and forward‑looking capex‑related concerns, later crystallized by Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) aggressive 2026 spending plans.

    The Nasdaq made an impressive recovery on Friday (February 6) as a rally in chip stocks helped pare earlier week losses, despite ongoing volatility in the mega‑caps.

    3 tech stocks moving markets this week

    1.Teradyne (NASDAQ:TER)

    After reporting Q4 2025 earnings results and strong AI-driven guidance on Monday, the stock rose sharply. The semiconductor‑test and robotics‑automation company makes equipment used to test chips, including AI‑related compute and memory and industrial robots.

    2. Skyworks (NASDAQ:SWKS)

    The analog and RF‑semiconductor company, which designs and manufactures components used in smartphones, 5G infrastructure, automotive and IoT devices, reported Q1 fiscal 2026 results on Tuesday, beating expectations and guiding up, which helped it outperform the broader tech selloff.

    3. Apple (NASDAQ:AAPL)

    Apple’s strong performance this week was driven by a wave of analyst upgrades and bullish notes that reinforced the positive narrative from last week’s record‑breaking Q1 print, especially around iPhone demand and China‑market strength.

    Skyworks Solutions, Teradyne and Apple performance, February 2 to 6, 2025.

    Chart via Google Finance.

    Top tech news of the week

      • Canada led an AI delegation to the 2026 World Governments Summit (WGS) in Dubai this week, led by SCALE AI.
        • Alphabet Q4 numbers were driven by search revenue growth, which accelerated by nearly 17 percent, and Google Cloud revenue that jumped 48 percent YoY, helping ease fears that AI chatbots would eat into search. Despite the strong print, the stock dipped as the company said it plans to increase capital expenditures to between US$175 billion and US$185 billion, more than its 2025 cash generation.
        • Palantir’s earnings triggered a pop on Tuesday as it beat revenue expectations and laid out an aggressive 2026 growth guide. The company reported Q4 2025 revenue of US$1.41 billion, up 70 percentYoY, with US commercial revenue surging 137 percent and government revenue rising 66 percent, while guiding full‑year 2026 revenue to about US$7.2 billion
        • Amazon also posted a solid quarter, but said it will spend roughly US$200 billion this year on capital expenditures, a 56 percent jump from 2025, to fund AI‑related infrastructure, data centers and custom chips for AWS. Revenue rose approximately 14 percent to US$213.4 billion, driven by AWS reaccelerating to 24 percent growth and advertising increasing by 22 percent, despite free cash flow collapsing due to a capex surge.

          Tech ETF performance

          Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

          This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.89 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.66 percent.

          The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 0.75 percent.

          Tech news to watch next week

          Next week is another earnings‑heavy, tech‑adjacent stretch, with a mix of big‑name reports and key macro data that will like keep markets sensitive to AI capex and earnings.

          Coinbase (NASDAQ:COIN) and Robinhood Markets (NASDAQ:HOOD) will be among the most‑watched names tied to crypto and retail trading. Cisco (NASDAQ:CSCO) also reports midweek.

          In addition to US wholesale inventories, Employment Cost Index and CPI reports, the FOMC minutes will be released on February 11, so rate policy and inflation will stay front‑of‑mind.

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

          This post appeared first on investingnews.com

          Senate Democrats are standing firm by their demands to rein in Immigration and Customs Enforcement (ICE), but Senate Republicans believe they have an ulterior motive: completely defund immigration operations across the country.

          ‘I’m really concerned that all the Democrats want to do is defund ICE,’ Sen. Rick Scott, R-Fla., told Fox News Digital, ‘They want open borders. They don’t want to get rid of criminals.’

          Republicans argue the canary in the coal mine came last week when the Senate was advancing a Trump-backed funding deal.

          Sen. Bernie Sanders, I-Vt., attempted to pass an amendment that would have stripped the Department of Homeland Security (DHS) and ICE of $75 billion, which was summarily defeated on the floor.

          ‘Every single Senate Democrat voted yes,’ Senate Majority Whip John Barrasso, R-Wyo., said. ‘That’s how radical Democrats have become. The Senate rightly rejected this amendment. The Sanders Amendment exposes Democrats’ open borders goals.’

          That money came from President Donald Trump’s marquee ‘big, beautiful bill,’ which shoveled billions to DHS for immigration operations, ensuring the agency is flush with cash for the next three to four fiscal years, regardless of congressional Democrats’ desires to defund it.

          Sen. Katie Britt, R-Ala., told Fox News Digital that the money from the ‘big, beautiful bill,’ wasn’t going anywhere. Britt is leading talks for Senate Republicans over the issue.

          ‘That’s not up for negotiation,’ Britt said.

          ‘Once again, just like they did in the last shutdown, they would be putting the American people in jeopardy and at a worse place as a result of trying to win on a political posturing or political issue,’ she continued. ‘So look, I plan on going into this with good-faith intentions, and I certainly hope that they will as well.’

          As the week has gone on, some Senate Republicans believed that all their counterparts wanted to do was gut ICE. 

          When asked if he believed that Democrats’ end goal was to completely defund immigration enforcement operations, Sen. Tommy Tuberville, R-Ala., told Fox News Digital, ‘100%.’

          ‘There’s no way we’re going to put handcuffs on ICE to limit what they can do,’ Tuberville said.

          Senate Democrats pushed back against the assertion that they wanted to gut the agency, arguing that because of the funding already established by the ‘big, beautiful bill,’ there was little they could actually do to defund immigration operations.

          ‘I want accountability,’ Sen. Andy Kim, D-N.J., told Fox News Digital. ‘I want to make sure that there’s oversight. But right now, what I’m seeing is lawlessness and some of the actions and behaviors that should be alarming to all of us, and you know, that’s the underlying factor that we want to address.’

          ‘It’s not about some game,’ he continued.

          Congressional Democrats coalesced around a list of 10 demands, finally unveiling their proposal late Wednesday night. It included several policies Republicans have already spurned, like de-masking ICE agents and requiring judicial warrants.

          Senate Majority Leader John Thune, R-S.D., balked at the new proposal, and said that ‘there’s just a bunch of stuff in there that’s a nonstarter.’

          ‘They know that. Now maybe they had to put it in there to satisfy MoveOn.org, or some other special left-wing special interest groups,’ Thune said. ‘But there are a few things that actually there’s probably some room to move on there to negotiate on, but a lot of that stuff, obviously just wasn’t serious.’

          Republicans are also mulling turning to another short-term funding patch, given that as of Thursday, their last day in session, they had just eight days left on the clock before the current continuing resolution (CR) for DHS ran out.

          But Democrats aren’t keen on supporting another extension — Senate Minority Leader Chuck Schumer, D-N.Y., warned that Thune and Republicans ‘shouldn’t count on our votes.’

          He also pushed back against grumbling Republicans, arguing that negotiations wouldn’t move along unless Republicans revealed what they wanted in return.

          ‘They have to get their act together,’ he said. ‘We spent three days diligently, seriously coming up with a comprehensive, commonsense plan that police departments throughout the country use. Where are they?’

          This post appeared first on FOX NEWS

          The Republican National Committee is upping its social media presence and following President Donald Trump’s lead by officially launching a TikTok account, marking a strategic shift for the party as it continues to look to connect with younger voters.

          The RNC’s plan to make an impact on the digital front lines involves the official launch of @Republicans on TikTok, which is designed to engage a critical demographic, voters under 30 who may not follow traditional political news but rely heavily on social media for information.

          The move comes at the same time polling from Pew Research shows that 63% of Americans aged 18-29 use TikTok. The platform has become an essential battleground for reaching the next generation of voters.

          Trump has credited TikTok with being a key part of his election victory in 2024.

          ‘I wasn’t a fan of TikTok, and then I got to use it,’ Trump said last fall. ‘And I became a fan, and it helped me win the election in a landslide.’

          The data shows that TikTok was a valuable tool for Trump and his administration. Reuters reported he amassed roughly 3 million followers in just 24 hours after joining the platform and quickly began drawing tens of millions of views. 

          In 2025, the White House joined TikTok and quickly gained traction, racking up 5 million followers and 80 million-plus likes as of early January. In addition to launching its own account, the RNC is encouraging Republican candidates across the country to follow its lead and join the platform to engage with voters and level the playing field in a space where Democrats have historically dominated. 

          ‘President Trump proved how powerful TikTok can be and took decisive action to secure this platform for American users,’ RNC Chair Joe Gruters told Fox News Digital. 

          ‘Our new account will deliver America First content directly to younger voters who get their news online, and we’re encouraging Republican candidates nationwide to do the same now that the platform is safe.’

          Earlier this year, TikTok announced it reached a historic deal to launch a majority American-owned joint venture, a move guided by Trump and aimed at averting a potential U.S. ban on the popular social media app and hoping to alleviate concerns about China’s ability to influence Americans on the app.

          ‘I am so happy to have helped in saving TikTok! It will now be owned by a group of Great American Patriots and Investors, the Biggest in the World, and will be an important Voice,’ Trump said in a post on Truth Social.

          Gains by Trump and Republicans in courting younger voters helped the GOP win back the White House and the Senate and hold their House majority in last year’s elections.

          Republicans will be hoping to repeat that success in the upcoming midterms as they attempt to hold onto a razor-thin majority in the House of Representatives and a three-seat majority in the Senate despite historical trends suggesting Democrats have the advantage.

          ‘I think the President of the United States is our secret weapon. … He’s laser focused,’ Gruters said in a national digital exclusive sit-down interview with Fox News last month.

          Pointing to Trump’s unprecedented agenda during his first year back in the White House, Gruters argued, ‘I think it’s going to pay huge dividends across the board, whether you’re running for governor, Senate, House or whether you’re running for a local seat.’

          Fox News Digital’s Paul Steinhauser contributed to this report.

          This post appeared first on FOX NEWS

          As indirect talks between the U.S. and Iran started on Friday in Oman, remarks from Vice President JD Vance earlier in the week questioning the absence of the Supreme Leader Ali Khamenei from talks have raised a core dilemma for Washington — the person with ultimate authority in Tehran is not sitting at the negotiating table.

          In the interview, Vance said, ‘It’s a very weird country to conduct diplomacy with, when you can’t even talk to the person who’s in charge of the country. That makes all of this much more complicated… It is bizarre that we can’t just talk to the actual leadership of the country. It really makes diplomacy very, very difficult,’ he said on Megyn Kelly’s podcast.

          The Supreme Leader has no equals

          Ayatollah Ali Khamenei, 86, has served as Iran’s supreme leader since 1989 and remains the country’s highest political and religious authority, with ultimate control over military, security and strategic decisions. That concentration of power means any diplomatic outcome must ultimately pass through him.

          Sina Azodi, the director of the Middle East Studies Program at George Washington University, told Fox News Digital that Khamenei’s authority stems from direct control over Iran’s core power centers. ‘He is very powerful because he is the commander in chief of the armed forces and appoints the heads of the IRGC, the Artesh (conventional military), the judiciary and other important institutions.’

          Azodi added that protocol and hierarchy also explain Khamenei’s absence from negotiations. ‘Iranians are very adamant about diplomatic protocols — that since other countries don’t have the equivalent rank, he does not participate in any negotiations because his ‘equal’ rank does not exist,’ Azodi said. ‘Even when foreign heads of state visit him, there is only the Iranian flag, and foreign flags are not allowed.’

          Iranian sources familiar with internal discussions described Khamenei as operating from a legacy mindset at this stage of his life. ‘The supreme leader sees the confrontation with Washington as defining his historical role and believes Iran can retaliate against U.S. interests in the region. Khamenei is not focused on personal risk and views strategic confrontation as part of preserving his legacy,’ a Middle Eastern source speaking on the condition of anonymity told Fox News Digital.

          Behnam Ben Taleblu, a senior fellow at the Foundation for Defense of Democracies, told Fox News Digital that Khamenei remains the decisive figure in Iran’s system even as the regime faces pressure at home and abroad.

          ‘He wields great influence in Iran but also exercises the greatest veto in Iran’s political hierarchy’

          ‘He wields great influence in Iran but also exercises the greatest veto in Iran’s political hierarchy,’ Ben Taleblu said.

          He added, ‘The Iranian strategy… is to raise the cost of war in the thinking of the adversary,’ he said, describing a system that signals willingness to talk while simultaneously preparing for confrontation.

          He warned that ‘regimes that are afraid and lethal and weak can still be dangerous,’ and said Tehran may believe threatening U.S. assets could deter a broader war even if such escalation risks triggering a stronger American response.

          ‘Very difficult to say what Khamenei’s mindset is, but I think that he, along with other senior officials, think that the current conflict is not an isolated phenomenon but rather the continuation of the June 2025 conflict and the recent protests, which he called ‘an American coup,’’ Azodi told Fox News Digital.

          ‘I think that he thinks that the U.S. is definitely after a regime change and that needs to be resisted at all costs,’ he added.

          Inside Iran, frustration with Khamenei has become increasingly visible, according to a journalist reporting from within the country.

          ‘What people want more than anything else is for Khamenei to die… I hear it every day, everywhere I go — why doesn’t he die?’ the journalist told Fox News Digital.

          ‘He is perceived as God’s representative, while leaders of enemy states are viewed as representatives of Satan, which is why he never meets with them.’

          ‘You just open the Twitter of Iranians… the tweet is, why don’t you die? And everybody knows who we are talking about. So a nation is waiting for him to die.’

          The journalist said many Iranians no longer believe political reform is possible and instead see generational change as the only turning point.

          Iranian journalist in exile, Mehdi Ghadimi, told Fox News Digital that, ‘The Islamic government considers itself obligated to enforce Islamic law across the entire world. They harbor hatred toward Iranians and Jews, whom they regard as enemies of Islam,’ he explained, ‘In such a structure, the leader is seen as more than a political ruler; he is perceived as God’s representative, while leaders of enemy states are viewed as representatives of Satan, which is why he never meets with them. If dialogue or compromise were to take place, his sacred image would collapse in the eyes of his supporters.’

          He continued, ‘For this reason, groups labeled as ‘moderate,’ ‘reformist,’ or ‘pro-Western’ are created so that the West can negotiate with them,’ Ghadimi added. ‘No one within the structure of the Islamic Republic thinks about anything other than defeating the Western world and establishing Islamic dominance globally. The diplomats presented to Western politicians as moderates are tasked with using diplomacy to buy time for Khamenei.’

          The negotiations come amid heightened regional tensions, U.S. military deployments and unresolved disputes over Iran’s nuclear program and missile capabilities.

          Regional analysts say that for the U.S., the central challenge remains unchanged. Diplomats can negotiate, but the final decision rests with one man — a leader shaped by decades of confrontation with the United States, focused on regime survival and determined to preserve his legacy even as Iran enters a new round of talks.

          This post appeared first on FOX NEWS

          The film ‘Melania,’ a documentary about First Lady Melania Trump, made nearly $8 million on its opening weekend, making it the highest-grossing documentary in a decade. It’s a huge win for the first lady and a crushing defeat for those rooting against her.

          The director of ‘Melania,’ Brett Ratner, has previously helmed Hollywood blockbusters such as ‘Rush Hour’ and ‘X-Men: The Last Stand.’ The fact that Ratner is already an established brand in Hollywood is noteworthy. During the first Trump term, it would have been unlikely that a Hollywood director would take a chance on a documentary about Melania Trump. Ratner still took a risk making the film, because Hollywood is traditionally lockstep on politics and quick to cut off anyone who steps outside the line. It’s easier to make a film like this in 2026 than it was in 2017, but only marginally so.

          The film is a soft-focus look at Melania Trump’s life as first lady, offering a glossy, feel-good glance into what people normally don’t get to see inside the private first lady’s life. Still, it wouldn’t have mattered what was in the film — the media would have hated it anyway.

          The reviews in the mainstream press aren’t so much scathing as personal. Variety called the film a ‘cheeseball infomercial of staggering inertia,’ while The Guardian noted it was ‘dispiriting, deadly and unrevealing’ and ‘unredeemable.’

          In the film, it’s true we see Melania in her beautiful outfits and flawless makeup, but we also see her as the woman behind the man.

          In one scene in the film, Melania advises the president to include the word ‘unifier’ in his inaugural speech. On Jan. 20, as he said the words, ‘My proudest legacy will be that of a peacemaker and unifier. That’s what I want to be: a peacemaker and a unifier,’ the president turned around to look at his wife. Of course, Melania wants her husband to be both a peacemaker and a unifier. She is rooting for him to succeed because it helps us all. A vicious media refuses to concede that she may want what is best for the country.

          The film portrays a marriage where the first lady cares about her husband, worrying about his security on Inauguration Day and expressing relief when festivities are moved indoors. This portrayal flies in the face of the frequent commentary claiming the marriage is in name only. Why would the first lady care about her husband’s safety if she’s only in the union for glory or money? The New York Times counted how many days Melania has spent in the White House during this term, and Trump biographer Michael Wolff has claimed, without evidence, that they are separated. This film answers those accusations and rumors directly, in Melania’s own words.

          In a 2018 interview with ABC, Melania was asked about her marriage and said, ‘I know people like to speculate and media like to speculate about our marriage. It’s not always pleasant, of course. But I know what is right and what is wrong and what is true or not true.’

          She does, and she shows it in this film.

          On the review site Rotten Tomatoes, the film ‘Melania’ is setting another kind of record: the largest discrepancy between the scores of film reviewers and filmgoers in the site’s history. It makes sense, since most of the reviewers went into the film with a rating in mind, whether or not they actually enjoyed the movie. The people who spent their money to go watch their first lady on the screen were going to be more honest, even if some were swayed by their enthusiasm for their president.

          The media has three more years of the Trump administration and Melania Trump. They can stop having outbursts about the first lady and give her a fair hearing — something more than half the country would commend. Or they can continue to descend into irrelevance, as everyone knows even their panning of a film will be political. The choice is theirs.

          This post appeared first on FOX NEWS

          War Secretary Pete Hegseth said Thursday that some cartel drug traffickers operating in the U.S. Southern Command area of responsibility have halted narcotics activity following recent U.S. military strikes in the Caribbean.

          ‘WINNING: Some top cartel drug-traffickers in the @SOUTHCOM AOR have decided to cease all narcotics operations INDEFINITELY due to recent (highly effective) kinetic strikes in the Caribbean,’ Hegsth wrote in a post on X.

          Hegseth credited President Donald Trump with directing the military actions, calling the effort a lifesaving deterrent.

          ‘This is deterrence through strength. @POTUS is SAVING American lives,’ he wrote.

          Republican Sen. Lindsey Graham of South Carolina praised the military action, writing on X, ‘Well done @SecWar and to all under your command. We must continue to verify and monitor. We can’t trust drug cartels.’

          The Trump administration has been pursuing a policy of conducting deadly attacks against vessels of alleged ‘narco-terrorists.’

          SOUTHCOM announced a strike that killed two on Thursday.

          ‘On Feb. 5, at the direction of #SOUTHCOM Commander Gen. Francis L. Donovan, Joint Task Force Southern Spear conducted a lethal kinetic strike on a vessel operated by Designated Terrorist Organizations. Intelligence confirmed the vessel was transiting along known narco-trafficking routes in the Eastern Pacific and was engaged in narco-trafficking operations. Two narco-terrorists were killed during this action. No U.S. military forces were harmed,’ Southern Command noted in a post on X.

          This post appeared first on FOX NEWS

          A Chinese billionaire trader known for profiting from gold’s multi-year rally has turned sharply bearish on silver, building a short position now worth nearly US$300 million as prices slide.

          Bian Ximing, who earned billions riding gold’s multi-year rally and later turned aggressively bullish on copper, is now positioned for a sharp reversal in silver—a bet that is already paying off as prices retreat from record highs.

          According to exchange data analyzed by Bloomberg and people familiar with his positions, Bian has assembled the Shanghai Futures Exchange’s largest known net short position in silver, held through Zhongcai Futures Co.

          The position, composed of roughly 30,000 contracts, or about 450 metric tons, has swung sharply into profit following silver’s more than 16 percent drop since late January.

          The contrast with Bian’s copper strategy just a year ago could hardly be sharper.

          In 2024, Bian emerged as China’s most prominent copper bull, building the largest net long position on the Shanghai Futures Exchange at a time when many traders were retreating amid trade tensions and growth concerns.

          His thesis then centered on copper’s central role in electrification, grid expansion and industrial upgrading. That trade was built patiently and scaled over months, with Bian accumulating long positions across multiple contracts.

          By the time copper prices surged, the position had generated hundreds of millions of dollars in gains.

          Silver, by contrast, appears to have triggered Bian’s skepticism. While silver often trades alongside gold, its recent surge was increasingly viewed by market participants as driven by speculative positioning rather than fundamental shifts in industrial demand.

          Unlike copper, where supply bottlenecks and electrification narratives were front and center, silver’s rally accelerated rapidly by drawing in leveraged traders and momentum funds.

          Exchange data show that Bian began building silver shorts in the final week of January, as prices pushed into record territory in Shanghai. His exposure expanded quickly from about 18,000 contracts on January 28 to roughly 28,000 two days later, even as prices continued climbing.

          The timing was costly at first, as volatility forced partial liquidations and earlier losses trimmed gains from prior silver longs.

          However, Bian’s patience was rewarded when silver broke sharply lower.The short is now estimated to be worth roughly 2 billion yuan (US$288 million) in paper gains. After accounting for earlier losses, Bian’s net profit is estimated at around 1 billion yuan based on recent prices.

          Whether the current selloff proves lasting remains an open question. Bian, who resides largely in Gibraltar and rarely speaks publicly, did not respond to requests for comment. Zhongcai Futures also declined to comment.

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

          This post appeared first on investingnews.com

          Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, acknowledges the recent announcement by The White House and Donald Trump of ‘Project Vault,’ a large-scale U.S. strategic stockpile initiative intended to strengthen domestic supply chains, advance national security priorities, and reduce reliance on foreign-controlled sources of critical minerals and raw materials.

          Project Vault—announced in the Oval Office with participation from Export-Import Bank of the United States (‘EXIM’) — establishes the U.S. Strategic Critical Minerals Reserve as an independently governed public-private partnership designed to store essential raw materials across U.S. facilities.

          EXIM has approved a Direct Loan of up to US$10 billion to support Project Vault, providing long-term financing for a partnership between original equipment manufacturers and private-sector capital providers—an effort EXIM has positioned as strengthening U.S. production and processing capacity, insulating manufacturers from supply shocks, and advancing U.S. national economic security objectives.

          The stockpile is the latest move by the Trump administration to build a Western supply chain to counter China’s dominance in critical minerals — especially when it comes to refining. Beijing sought to cut off exports of rare earths, a subset of critical minerals, last year during trade disputes with the U.S.

          A Media Snippet accompanying this announcement is available by clicking on this link.

          Preferential trade alignment and allied coordination on display at the Critical Minerals Ministerial in Washington, D.C.

          The U.S. efforts to diversify and stabilize critical minerals supply chains are expanding beyond domestic stockpiling toward allied coordination. On February 4, U.S. Vice President JD Vance outlined plans aimed at organizing partners into a preferential trade framework for critical minerals, including mechanisms intended to promote market stability and reduce vulnerability to price undercutting and supply disruption.

          Canada’s Foreign Affairs Minister Anita Anand was in Washington on Wednesday as the Trump administration made a case for international partners to join a preferential trade zone for critical minerals with forced price floors.

          Canada and the U.S. Department of Defense already have a co-investment deal to accelerate Canadian mining development and strengthen critical minerals supply chains.

          A Media Snippet accompanying this announcement is available by clicking on this link.

          Titanium: A national defense critical mineral facing supply chain constraints

          Titanium remains a cornerstone material for aerospace and defense platforms, infrastructure, and high-performance industrial uses, and continues to be a strategic concern for Western supply chains due to limited domestic sourcing and processing capacity. Titanium is deemed a critical metal by the U.S., EU and Canada and is essential for defense and aerospace applications due to its strength-to-weight ratio and corrosion resistance.

          Titanium is characterized as a critical mineral for defense and aerospace, with supply-chain risk concentrated in titanium metal pathways (including aerospace-grade sponge capacity and certification) rather than in pigment markets. The vast majority – over 90% globally of mined titanium is processed into the pigment – a looming supply chain gap UK-headquartered market intelligence company Project Blue outlines in a recent report.

          ‘Titanium is essentially a defence metal – it can be up to 20% or more of the markets for total titanium consumption that goes into defence. An F 15 can be up to 40% in weight of titanium. There’s some serious volume going in these jet planes,’ Project Blue Founder and Director, Dr. Nils Backeberg

          Saga Metals’ Project Focus: Critical Minerals and Titanium Exploration in Labrador

          Saga Metals believes the evolving policy environment reinforces the strategic relevance of North American Critical Minerals projects that can support secure, resilient supply chains for defense, aerospace, and advanced manufacturing. The Company’s flagship Radar Ti-V-Fe Project is located in Labrador near the port community of Cartwright and is supported by existing infrastructure, including road access and proximity to tidewater logistics. Saga recently announced a 100% drilling success rate in 2025 with exceptional grades of titanium, vanadium, and iron in all 15 drill holes completed at the Radar Critical Minerals Project. The company is advancing towards a Mineral Resource Estimate and has completed four diamond drill holes in 2026 to start the year.

          Mike Stier, CEO & Director of Saga Metals commented: ‘The U.S. government’s focus on critical mineral stockpiling reinforces the strategic importance of secure, allied sources of materials such as titanium—particularly for North American national security and defense-related supply chains. Saga Metals continues to advance its portfolio with a focus on critical minerals that support supply-chain security, advanced manufacturing, and future-facing technologies. We believe this policy momentum highlights the importance of investing in strategic mining projects that can help build resilience—diversifying supply, strengthening domestic and allied production capacity, and supporting stable investment conditions for the critical materials that power our economies and protect our industries.’

          Key implications Saga Metals sees from Project Vault and allied initiatives

          Saga Metals recognizes several key implications from Project Vault and the broader allied push toward critical-minerals security:

          • Rising strategic value of titanium and other critical metals in defense readiness, aerospace manufacturing, and industrial policy.
          • Potential acceleration of investment in North American exploration, development, and processing capacity as governments prioritize secure supply.
          • Expanded public-private cooperation to create resilient, domestically aligned supply chains and mitigate market disruption risk.
          • Increased allied coordination on pricing stability, trade frameworks, and supply diversification to reduce dependency on concentrated refining and processing pathways.

          About Critical Minerals

          Critical minerals are the foundation upon which modern technology is built. They are used in a wide range of essential products ranging from mobile phones and solar panels to electric vehicle batteries, medical devices and defense applications. Canada’s critical minerals list identifies 34 minerals and metals while the U.S.A identifies 60 minerals and metals as critical.

          Investor Relations Agreement

          Additionally, the Company and GRA Enterprises LLC DBA National Inflation Association (‘NIA’) entered into a consulting agreement (the ‘NIA Agreement’) for investor relations and communication services. The NIA Agreement has an initial term of twelve (12) months, at an aggregate cost of USD$100,000 for the term. Following the initial term, the NIA Agreement can be extended by three (3) months for an additional USD$30,000, six (6) months for an additional USD$50,000 or one year for an additional USD$100,000. NIA will leverage its expansive distribution channels – including targeted email lists, website features, and blog content – to highlight the Company’s growth story and project developments.

          NIA, based in Mooresville, North Carolina, has a strong track record of investor communications for publicly traded companies. The Company will not issue any securities to NIA as compensation. NIA and its principals are at arm’s length to the Company. NIA currently has no direct or indirect interest in the securities of the Company, or any right or intent to acquire such an interest.

          For more information about NIA: Contact ga@gerardadams.com or visit them at 112 Camp Lane, Mooresville, North Carolina, 28117.

          Qualified Person

          Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

          About Saga Metals Corp.

          Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including 4,250 m of drilling, has confirmed a large, mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with strong grades of titanium and vanadium.

          The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares and features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8. Uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

          Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

          With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically positioned to play an essential role in critical mineral security.

          On Behalf of the Board of Directors

          Mike Stier, Chief Executive Officer

          For more information, contact:

          Rob Guzman, Investor Relations
          Saga Metals Corp.
          Tel: +1 (844) 724-2638
          Email: rob@sagametals.com
          www.sagametals.com

          Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

          Cautionary Disclaimer
          This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s Radar Project and IR agreements listed herein. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

          News Provided by GlobeNewswire via QuoteMedia

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