Author

admin

Browsing

Fulton County District Attorney Fani Willis, an elected Democrat, is a disgrace to her office and the legal profession. She to bring down President Trump with a politically motivated indictment, but her vendetta came crashing to a pitiful end on Wednesday. Now, it is time for Willis to face maximum legal accountability.

Trump vigorously objected to the results of the 2020 presidential election in several states and during the Congressional certification process. He offered no bribes and made no threats of violence; indeed, he urged his supporters to march ‘peacefully’ to the Capitol on January 6, 2021, the day of the certification. Yet, Willis—a leftist hack—secured an indictment against Trump and many of his allies with an overwhelming Democrat grand jury in Atlanta. These included Trump’s loyal White House chief of staff Mark Meadows; Jeff Clark, an exceptional former top Justice Department official who is facing a disgraceful disbarment effort by the District of Columbia Bar; and former New York City Mayor Rudy Giuliani, America’s greatest mayor who served as one of President Trump’s attorneys. Willis alleged a vast RICO conspiracy that could have landed President Trump and his supporters in prison for decades.

Willis had ethical issues even before her indictment. Lt. Gov. Burt Jones was one of her targets, but she never got the chance to persecute him. Fulton County Superior Court Judge Robert McBurney disqualified Willis because she had fundraised for Jones’ Democrat opponent. This disqualification was an easy call; indeed, McBurney expressed incredulity as to what Willis possibly could have been thinking. Pete Skandalakis, head of the Prosecuting Attorneys’ Council of Georgia (PACGA), took over the case and dismissed it after determining that Jones had not acted with criminal intent. This shameful episode would not be Willis’s most shocking lapse in judgment during this fiasco.

Willis hired her secret (and married) boyfriend Nathan Wade, who had never tried a felony case. He had been a lawyer in private practice and a municipal court judge. Somehow, he found his way onto Willis’s team, raking in $250 an hour from Fulton County taxpayers. He billed eight-hour days constantly, and he even billed 24 hours on one occasion. He wound up taking home almost $700,000. He made far more money than John Floyd, Georgia’s preeminent expert on the RICO statute. The mystery of Wade’s involvement was solved thanks to Ashleigh Merchant, an excellent attorney who represented one of Trump’s co-defendants and American patriotic warrior Mike Roman.  Merchant alleged that Willis and Wade had been having an affair and filed a motion for their disqualification.

Leftist legal analysts like the insufferable Norm Eisen scoffed at Merchant when she filed her motion. The prosecution even sought sanctions. Superior Court Judge Scott McAfee did not issue sanctions; instead, he held an evidentiary hearing. The hearing was a national disgrace. Willis could not control her rage, and McAfee had to caution her to stop her antics. The proceedings degenerated into an episode of Jerry Springer, and the salacious details of the affair were broadcast for the nation to see. Wade paid for lavish trips to the Caribbean and other luxurious places. Willis claimed that she had reimbursed Wade with cash that she kept in her house at the direction of her father, a prominent Black Panther. There are no records of any of these purported reimbursements. Willis also claimed the affair had nothing to do with the indictment, testifying that it only started after Wade’s appointment.

McAfee used the phrase ‘odor of mendacity’ to describe the testimony of Willis and Wade. He sadly split the baby, ruling that one of them would be disqualified. Wade resigned that day, meaning that Willis could stay on the case. President Trump and most codefendants appealed the decision not to disqualify Willis, and an appellate court agreed with the defendants. Willis sought review by the Georgia Supreme Court, but the justices rebuffed her earlier this year. The case was then reassigned to PACGA. Skandalakis could not find a prosecutor to take it over, so he assigned it to himself. The day before Thanksgiving, McAfee granted Skandalakis’ motion to dismiss the case in its entirety. Willis secured a few plea deals to misdemeanor charges, a pathetic result given the fanfare that the indictment initially received. Willis promised that ‘[t]he train is coming,’ but her staggering corruption, arrogance, and incompetence derailed the train.

Willis’s sham indictment devastated many lives. People with not nearly the resources of Trump faced indictment and had to shell out massive amounts to pay lawyers. They had their lives destroyed. The dismissal cannot be the last word here, and Trump’s attorney, the brilliant Steve Sadow, has made that clear. He will move for attorney’s fees and costs under Georgia Code § 17-11-6. Such fees are proper because Willis was disqualified for improper conduct, and the case was fully dismissed. Every other defendant should join Sadow’s motion. Additionally, Willis and Wade must face severe criminal accountability by the U.S. Justice Department for a conspiracy against rights under 18 U.S.C. § 241. Wade visited the Biden White House, billing 16 hours of his time to the taxpayers of Fulton County. What happened here is obvious. Willis and Wade were coordinating their farcical prosecution with Team Biden. It could not have been for any other reason, as Wade was hired as a special counsel just for this case. If Wade were billing his time to Fulton County taxpayers for his Biden White House meeting for an unrelated matter to the Trump case, Wade committed fraud. Willis hired her lover, who kicked back some of his unearned salary to finance lavish trips for himself and Willis. The U.S. Justice Department has subpoenaed records from Willis, and a grand jury must promptly investigate and indict these corrupt public (dis-)servants.

President Trump objected to an election he thought had been stolen. Democrats did the same in 1969, 2001, 2005, and 2017—yet, none faced indictment. Such objections are allowed under the First Amendment and the Electoral Count Act. It is only illegal to object to elections in third-world Marxist hellholes. Willis and Wade were neck-deep in the Republic-ending lawfare conspiracy against Trump that tore apart our nation. They failed, but they cannot walk away from their despicable actions. Justice must come their way swiftly and severely. They could not wait to post President Trump’s mugshot, and the time has come for theirs.

Lawyer up, Fani. Justice is coming. Nobody is above the law.

This post appeared first on FOX NEWS

Campbell’s has fired an executive accused of making racist comments and mocking its products and customers, the company announced on Wednesday.

The termination follows a lawsuit filed in Michigan by former employee Robert Garza against Campbell’s, the company’s then-vice president of information technology Martin Bally and another manager.

The complaint alleges retaliation and a hostile work environment, citing a November 2024 meeting between Bally and Garza to discuss salary, according to the lawsuit.

Garza allegedly recorded the conversation, and the audio — obtained by NBC News — is more than 90 minutes long.

During the interaction, the lawsuit alleges that Bally described Campbell’s as “highly process(ed) food” and said it was for “poor people.” He also allegedly made racist remarks about Indian workers, calling them “idiots.”

‘After a review, we believe the voice on the recording is in fact Martin Bally,’ Campbell’s said Wednesday. ‘The comments were vulgar, offensive and false, and we apologize for the hurt they have caused.’

The company said it does not tolerate the language used in the audio recording and the behavior “does not reflect” its values.

Campbell’s said it learned of the litigation and first heard segments of the audio on Nov. 20.

Bally’s termination was effective Tuesday, the company said.

According to the lawsuit, Garza told his manager, J.D. Aupperle — who is also named as a defendant, about Bally’s behavior in January 2025 and wanted to report the comments to the human resources department. He was not encouraged to report the comments, the lawsuit claims, and was then ‘abruptly terminated from employment’ later that month.

‘This situation has been very hard on Robert,’ Garza’s attorney, Zachary Runyan, said in a statement to NBC News on Tuesday. ‘He thought Campbell’s would be thankful that he reported Martin’s behavior, but instead he was abruptly fired.’

Garza is seeking monetary damages from the company.

Bally and Aupperle did not immediately return requests for comment on Wednesday.

Campbell’s said it is ‘proud of the food we make’ and ‘the comments heard on the recording about our food are not only inaccurate — they are patently absurd.’

This post appeared first on NBC NEWS

Investor Insight

Heliostar offers a rare combination of immediate cash flow from two producing mines and a significant growth story driven by the high-grade Ana Paula development project. This blend of near-term production, strong margins and a robust pipeline positions the company as a compelling emerging mid-tier gold producer.

Overview

Heliostar Metals (TSXV:HSTR,OTCQX:HSTXF,FRA:RGG1) is an emerging mid-tier gold producer focused on unlocking high-grade gold production in Mexico’s premier mining regions.

The company rapidly expanded its asset base by acquiring a diverse portfolio of producing and development-stage assets. This positions it for long-term, scalable production growth supported by both high-grade underground and large open-pit heap-leach operations.

Heliostar now holds two producing mines – La Colorada and San Agustin, with combined production of 30,000 to 40,000 oz of gold – and is advancing the development of its flagship Ana Paula project. Two additional development assets in Mexico, Cerro del Gallo and San Antonio, in addition to exploration projects in North Sonora and Unga in Alaska complete Heliostar’s portfolio. This diversified platform enables the company to fund development through operating cash flow while continuing to expand its resource base.

Heliostar prioritizes capital discipline and low-cost acquisitions, significantly expanding its asset base while maintaining a lean financial structure. With a growing operating cash flow, the company is reducing reliance on equity financing for development.

The company is positioned for strong year-over-year production growth as San Agustin restarts in Q4 2025, La Colorada executes its updated 2025 mine plan, and Ana Paula advances toward construction and expected first production in 2028, following a positive underground PEA in November 2025 and an ongoing feasibility study. These milestones support the company’s strategy of building a multi-asset production base with increasing scale and margins.

Looking ahead, the company has a long-term vision of achieving 500,000 ounces of gold production annually by 2030. This growth will be driven by the development of Ana Paula, followed by Cerro del Gallo and San Antonio, with continued exploration success and strategic acquisitions supplementing organic growth.

Company Highlights

  • Heliostar Metals is rapidly advancing from a junior explorer to a mid-tier gold producer, targeting 150,000 oz per year in the near term and 500,000 oz annually by 2030.
  • Heliostar has rapidly expanded its portfolio with key acquisitions, now controlling two producing mines and three advanced-stage growth assets in Mexico. Added 3.5 million measured and indicated gold ounces for just US$15 million, reinforcing a capital-efficient growth model.
  • The company prioritizes capital discipline and low-cost acquisitions to expand its asset base and maintain a lean financial structure. Unlike many juniors that rely on dilution to grow, Heliostar leverages gold production cash flows to drive project development.
  • Annual gold production at La Colorada and San Agustin mines as of 2025 is between 30,000 to 40,000 oz, with mine operations earning $14.2 million in Q3 2025. Cash flow from these two mines funds Heliostar’s exploration and development without significant dilution.
  • CEO Charles Funk leads a seasoned team of mine builders and exploration experts with a track record of developing world-class deposits.
  • The company also features a favorable shareholder registry: 53 percent institutional investors, 42 percent high-net-worth and retail investors, and 5 percent held by the board and management.

Key Projects

Ana Paula (Flagship Development Project)

Ana Paula is Heliostar’s flagship high-grade underground gold project located in the Guerrero Gold Belt, one of Mexico’s most prolific precious metals regions.

The November 2025 underground PEA confirms Ana Paula as a low-cost, high-margin development opportunity with a nine-year mine life producing approximately 875,000 ounces of gold, averaging roughly 101,000 ounces per year after ramp-up. The project benefits from a wide, high-grade panel that continues to demonstrate strong continuity and exceptional grades, supported by a mineral resource of 710,920 ounces of measured and indicated gold at 6.6 grams per ton (g/t) and 447,500 ounces of inferred gold at 4.24 g/t.

Heliostar has transitioned the project to an underground-only development plan to enhance economics, minimize surface disturbance and reduce capital intensity. The company is advancing engineering and permitting programs, including a permit amendment to convert the existing open-pit approval into an underground operation. A recently expanded 20,000-metre drill program is underway to upgrade inferred resources, expand the mineral envelope and support the ongoing feasibility study. Recent results included 83.2m grading 17.35 g/t gold from 76.0 m and 70.7 m grading 9.38 g/t gold from 49.65 m.

Heliostar intends to advance the existing decline in 2026 to access underground drilling platforms and complete bulk sampling, enabling a construction decision shortly thereafter and positioning the project for first production in 2028. Ana Paula is expected to become the cornerstone asset underpinning Heliostar’s long-term production growth.

La Colorada Mine

La Colorada, located in Sonora, Mexico, is a fully operating open-pit heap-leach mine that underwent a major turnaround in early 2025. Mining was restarted in January 2025, and an updated October 2025 technical report outlines a significantly strengthened operation with a 6.1-year mine life and total production of 286,000 ounces of gold. The mine is expected to produce between 17,500 and 23,800 gold-equivalent ounces in 2025 at competitive cash costs and all-in sustaining costs, benefiting from strong gold prices and improved operational performance.

La Colorada has meaningful opportunities for growth through drilling of the Veta Madre Plus area, which could add up to 28,000 ounces of additional near-surface resource, and the evaluation of the underground potential at El Creston, where deeper drilling has returned high-grade gold and silver intercepts. Further optimization of low-grade stockpiles also offers a route to additional production with minimal capital requirements. With its expanded reserves, improving margins and active exploration pipeline, La Colorada remains a key cash-flow generator and a vital contributor to Heliostar’s self-funded growth strategy.

San Agustin Mine

San Agustin is a heap-leach gold mine in Durango, Mexico, that produced approximately 14,700 ounces of gold in 2024 and continues to generate cash flow through stockpile processing in 2025. The mine is scheduled to restart active mining in the fourth quarter of 2025 following approval of the Corner Permit Area, with the restart plan outlining roughly 44,500 ounces of total gold production over a 1.2-year mine life. The restart requires just US$4.2 million in initial capital, funded entirely from Heliostar’s balance sheet, and delivers strong economics with significant leverage to higher gold prices. Beyond the restart, San Agustin provides meaningful growth potential through near-surface oxide expansion and deeper sulfide and breccia targets, where drilling has identified encouraging mineralization.

Cerro del Gallo Project

Cerro del Gallo is a large-scale, gold-silver development project in the Guanajuato district with 2.86 Moz of measured and indicated gold resources and an additional 1 Moz inferred. The project is advancing through permitting and a pre-feasibility study expected in Q4 2025, which is evaluating a long-life heap-leach operation targeting 80,000 to 100,000 ounces of annual gold production. With its scale, simple metallurgy and strong development profile, Cerro del Gallo represents a cornerstone growth asset supporting Heliostar’s strategy to expand production later this decade

San Antonio Project

San Antonio is an open-pit heap-leach development project in Baja California Sur hosting 1.74 million ounces of measured and indicated gold resources. A January 2025 PEA outlines robust economics, including 1.1 Moz of total production over 13 years, low AISC and an after-tax NPV5 of US$715 million at US$2,600 gold. The project is progressing through additional studies and environmental permitting and provides significant medium-term growth potential within Heliostar’s pipeline.

Unga Project

The Unga project in Alaska is a high-grade gold exploration asset, with an inferred resource of 384,000 oz gold (13.8 g/t). While not a primary focus, the project remains a long-term high-grade growth opportunity.

Management Team

Charles Funk – President & CEO

Charles Funk brings over 18 years of experience in business development and exploration. Before joining Heliostar, he held senior roles at Newcrest Mining and OZ Minerals, two of the world’s most prominent mining companies. Funk led the Panuco discovery for Vizsla Silver in 2020, demonstrating his strong expertise in identifying and advancing high-potential gold and silver deposits. Under his leadership, Heliostar has pursued transformational acquisitions that have rapidly expanded the company’s asset base while maintaining capital efficiency.

Gregg Bush – Chief Operating Officer

A highly regarded mine builder, Gregg Bush has a strong track record in mine development, project integration, and operations management. He previously served as COO of Capstone Mining for nine years and as SVP of Mexico for Equinox Gold. With deep experience in Latin American mining operations, Bush plays a pivotal role in advancing Heliostar’s production assets, optimizing operations and ensuring efficient project execution.

Sam Anderson – VP Projects

Sam Anderson brings 20 years of experience in mine geology and project management, including 17 years at Newmont, where he served as mine geology superintendent and senior manager of exploration business development. He played a significant role in the development of Newmont’s Merian Mine in Suriname, from resource stage to steady-state operation. His expertise in mineral resource expansion and project evaluation is crucial to advancing Ana Paula and Cerro del Gallo toward production.

Mike Gingles – VP of Corporate Development

With over 35 years of corporate and entrepreneurial experience in the mining industry, Mike Gingles has been a key player in major mining deals. He led the Pueblo Viejo and Turquoise Ridge transactions for Placer Dome, two of the largest gold assets in North America. His expertise in strategic partnerships, corporate finance, and project acquisitions has positioned Heliostar for transformational growth.

Hernan Dorado – VP Sustainability & Special Projects

As a fifth-generation miner, Hernan Dorado has more than 20 years of experience in the mining sector, including a founding role at Guanajuato Silver, where he served as COO. He has extensive experience in Mexican mining operations, permitting and sustainability practices, ensuring that Heliostar’s projects meet the highest environmental and social responsibility standards.

Vitalina Lyssoun – Chief Financial Officer

Vitalina Lyssoun is a chartered professional accountant (CPA, CA) with over 16 years of financial expertise with a focus on the resource sector. She has strengths in Canadian and US public company reporting, regulatory and tax compliance, and internal controls. She is fluent in Spanish and has experience in operations based in Mexico, Central America and West Africa. Most recently, Lyssoun built and led the corporate accounting team at Gatos Silver, including through their recent merger with First Majestic Silver.

Stephen Soock – VP Investor Relations & Development

Stephen Soock has been in the mining industry for almost 20 years in both technical and capital markets roles. He has worked in various technical roles at mine sites across Canada, including Vale’s Thompson Nickel operation, Mosaic’s Belle Plaine solution potash mine and Rio Tinto’s Diavik Diamond mine complex. Prior to joining Heliostar, Stephen spent eight years as a sell-side research analyst covering growth and development companies in the junior precious metals space. He graduated from Queen’s University with a B.Sc. in Mining Engineering, is a CFA Charterholder, and a Brendan Woods ranked analyst.

This post appeared first on investingnews.com

The end of the shutdown delivered something rare in Washington: a second chance to get healthcare right. As part of the agreement to reopen the government, Senate Majority Leader John Thune, R-S.D., committed to holding a vote in December on extending the enhanced premium tax credits in the individual market. That creates an opportunity to avoid steep premium hikes and to begin building a system that works better for patients. 

For Democrats who voted to end the shutdown, the incentives are straightforward. They want to show that their compromise leads to real relief for families facing higher premiums. They will look for a deal that solves the problem in front of them, but they will back away if Republicans turn the bill into another fight over repealing the Affordable Care Act (Obamacare). The task now is to fix what is broken, not revisit old conflicts. 

This moment also gives Republicans a chance to show they can govern. Healthcare costs are a major driver of the affordability crisis facing families. They reduce take-home pay, increase the price of goods and services, and push both households and governments deeper into debt. Employers, who carry most of the cost of coverage for people under 65, feel the pressure directly, and workers feel it in their wages. 

President Donald Trump has already outlined an important principle: instead of routing federal subsidies through insurance companies, direct that support to individuals so they can choose the care and coverage that work best for them. Florida Republican Sen. Rick Scott has made a similar argument, calling on Republicans to fix Obamacare. Combined with growing bipartisan support for price transparency, these ideas point toward a practical strategy that empowers patients and employers and encourages a more competitive market.

Today’s system moves in the other direction. Prices are hidden, administrative layers keep expanding and incentives are misaligned in ways that guarantee prices will rise year after year. These problems are especially severe in the individual market, which has fewer participants, a less healthy risk pool and limited plan competition. Making this market functional again requires more enrollment, more choices and more transparency. 

The December vote is the right moment to begin that shift. A package that addresses the immediate subsidy issue and lays the groundwork for long-term reform is both achievable and necessary. There are practical solutions already developed by center-right institutions such as the America First Policy Institute, the Paragon Institute, leaders in Congress and Trump’s policy proposals. 

The first step is a responsible phase-out of the enhanced premium tax credits through 2026. This avoids an abrupt cutoff and gives the rest of the reforms time to take effect.

Second, Congress should adopt a proposal from the Paragon Institute to restore and reform the Cost Sharing Reduction (CSR) payments in Obamacare, giving qualifying enrollees the option to receive their CSR subsidies directly into a health savings account (HSA). This one change addresses several problems at once. 

It lowers premiums and reduces federal costs. When CSR payments were halted in 2017, insurers responded by sharply raising premiums on silver plans, a practice known as ‘silver loading.’ Because premium tax credits are tied to the price of silver plans, this increased federal spending. A 2018 analysis by the Congressional Budget Office found that restoring CSR funding would reduce the federal deficit by about $30 billion over a decade. Providing the funding is less expensive than continuing the current workaround. 

It also creates the budget space needed to phase out the enhanced premium tax credits in a responsible way. The savings could be used to fund the phase-out or to provide more generous HSA contributions from the CSRs to strengthen support for lower-income Americans. 

Most importantly, it empowers patients. According to Paragon, the typical annual HSA contribution for someone receiving CSR assistance would be about $2,000. That is meaningful support that families can control directly. If they remain healthy, unused dollars stay in the account and continue to grow. If they get sick, they can use the funds for out-of-pocket costs. Because the money belongs to them, they have a clear incentive to compare prices and choose high-value care, which encourages greater competition among providers.

Next, Congress should strengthen the individual market’s risk pool by expanding affordable choices. That means allowing any health plan approved by the state insurance commissioner to be included in the exchanges, expanding access to copper plans, adjusting age-rating rules so younger people pay less, and modernizing individual coverage health reimbursement arrangements (ICHRAs) so more small businesses can offer coverage. Practical changes, such as letting employees choose between an ICHRA and a traditional group plan, allowing workers to contribute pretax dollars to close premium gaps and removing unnecessary COBRA requirements, would make ICHRAs more attractive.  

The first step is a responsible phase-out of the enhanced premium tax credits through 2026. This avoids an abrupt cutoff and gives the rest of the reforms time to take effect.

Finally, these reforms should be paired with the bipartisan Patients Deserve Price Tags Act, sponsored by Kansas Republican Sen. Roger Marshall and Colorado Democrat Sen. John Hickenlooper. The bill would strengthen enforcement of price transparency rules so small businesses, self-funded employers and new purchasing groups can contract directly with providers and transparent pharmacies. This would reduce costs, remove middle men, and increase competition.

This is a moment for practical governing. The shutdown deal did not only reopen the government. It opened a door. If Republicans take this opportunity, they can solve a real problem for millions of Americans and begin a long-overdue transition to a health system that puts patients, not bureaucracies, in charge. 

December’s vote could be the start of that transition. It should be. 

Disclaimer: Gingrich 360 has consulting clients in the healthcare industry which may be impacted by changes to healthcare laws. 

This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Wednesday (November 26) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ether price update

Bitcoin’s (BTC) price climbed from around US$87K to close at US$89,903.49 on Wednesday afternoon, a three percent increase in 24 hours.

Bitcoin price performance, November 26, 2025.

Chart via TradingView.

However, a 1.55 percent increase in open interest during the same four hour window suggests fresh buying interest, while a positive funding rate of 0.002 reflects modestly bullish market sentiment. A relative strength index of 62.56 for Bitcoin indicates that the asset is in moderately bullish territory but not yet overbought.

Despite optimism of a possible temporary reset, investors warn that a decisive break below US$80,000 could expose Bitcoin to a slide toward the US$69,000 to US$62,000 support range.

As analyst Ted Pillows wrote on X, “$BTC is facing a lot of resistance around the $88,000–$90,000 zone. If BTC doesn’t break above this level soon, expect a sweep of the lows again.”

“Notably, what makes this episode different from past crypto winters is the investor base. BTC is now held by ordinary investors in their mainstream portfolios. So many are treating it like any other high-beta risk asset,’ she said.

“This behavior means that current price action is more of a classic de-risking phase. Rate-cut expectations change quickly, so investors opt for assets they perceive as core ballast. Given that, the picture suggests a complementary reading rather than a simple “either/or.” Gold acts as the insurance that central banks are still actively adding. In turn, Bitcoin is the high-risk component that investors reduce first when volatility rises,’ added Chen.

Meanwhile, Ether (ETH) closed at US$3,025.84, a 3.1 percent increase in 24 hours. ETH also showed strong bullish momentum, with a 2.7 percent rise in open interest and liquidations predominantly on the short side, signaling a short squeeze; however, a positive funding rate of 0.008 underscores traders’ optimism.

Altcoin price update

  • XRP (XRP) was priced at US$2.22, up by one percent over 24 hours.
  • Solana (SOL) was trading at US$142.99, up by 3.9 percent over 24 hours.

Today’s crypto news to know

Strategy insists balance sheet holds firm

Strategy (NASDAQ:MSTR) reiterated that its balance sheet can withstand a deep Bitcoin drawdown, telling investors in a recent X post that its collateral coverage would remain at 2.0x even if Bitcoin dropped to US$25,000.

The company disclosed updated calculations showing that its convertible debt remains overcollateralized despite the stock’s 49 percent slide and the risk of an MSCI index removal next year.

With 649,870 BTC — worth roughly US$57 billion — the firm remains the largest corporate holder of Bitcoin globally. Strategy maintains that this overcollateralization gives it room to manage volatility and refinance maturities that run through 2032. Despite the reassurances, the company continues to face pressure from index committees and investors reevaluating the long-term role of a Bitcoin-heavy corporate treasury.

Recently, S&P Dow Jones Indices left Strategy off its latest round of S&P 500 additions, choosing to elevate SanDisk instead despite Strategy’s market capitalization placing it within the top tier of US public companies.

Strategy’s bid for inclusion has been complicated by its reliance on Bitcoin holdings, which some index members argue behaves more like an investment vehicle than a traditional operating company.

For its part, Strategy insists that its software business, alongside its Bitcoin strategy, qualifies it as an operating firm under the index rules. Chairman Michael Saylor pushed back against the characterization, stressing on X that Strategy is “not a fund, not a trust, and not a holding company.”

Japan approves major regulatory shift for crypto under FIEA

Japan’s Financial Services Agency has finalized plans to move digital assets under the Financial Instruments and Exchange Act, marking the country’s most sweeping crypto regulatory overhaul in years.

The shift reclassifies crypto assets as investment products and subjects issuers and exchanges to disclosure and conduct standards similar to those governing securities.

The changes affect over 13 million Japanese crypto accounts that collectively hold more than ¥5 trillion, prompting concerns from local exchanges about higher compliance burdens.

The FSA’s working group outlined new obligations, including clearer disclosure of token supply, governance structures, project risk assessments, and issuer responsibilities.

In addition, exchanges will also be required to maintain reserve funds to cover potential hacking incidents. Regulators plan to crack down on unregistered offshore platforms that continue marketing to Japanese users without approval.

The legislative package is expected to be submitted during the 2026 Diet session.

Bolivia to integrate crypto and stablecoins into financial system

In a historic move, the government of Bolivia is preparing to integrate cryptocurrencies and stablecoins, according to an announcement from the country’s economic minister, Jose Gabriel Espinoza.

“You can’t control crypto globally, so you have to recognize it and use it to your advantage,” Espinoza reportedly said, according to Reuters. With stablecoins like USDT already being used for cross-border payments and as a hedge against the local currency’s depreciation, banks will soon be allowed to custody crypto, as well as offer crypto-based savings accounts, credit cards, and loans.

Spain moves to hike taxes on Bitcoin, Ether

A Spanish parliamentary bloc has introduced new tax amendments that would significantly increase the burden on Bitcoin, Ether, and other non-financial-instrument crypto assets.

The proposal would shift gains from crypto into the general personal income tax base, which carries rates of up to 47 percent — far above the current 30 percent maximum applied to savings-based income.

Lawmakers also want corporate crypto gains taxed at 30 percent and are pushing for a nationwide “traffic light” risk label that would appear on trading platforms.

Tax specialists argue the reforms would be difficult to implement, with some calling the package legally unworkable and likely to generate administrative chaos. Investors are likewise already expressing concern after a recent case in which a trader was taxed 9 million euros on a transaction that produced no profit, highlighting flaws in current enforcement.

If enacted, analysts further warn that the new measures could accelerate capital flight from Spain’s retail crypto market.

Grayscale files to offer Zcash ETF

Grayscale submitted a Form S-3 registration statement to the US Securities and Exchange Commission on Wednesday, signaling the firm’s intention to convert its fund tied to Zcash into a spot exchange-traded fund.

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

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

This post appeared first on investingnews.com

President Donald Trump said Wednesday that he would not invite South Africa to the 2026 G-20 summit in Florida, citing alleged ‘horrific human rights abuses.’

‘To put it more bluntly, they are killing white people and randomly allowing their farms to be taken from them,’ Trump alleged in a Truth Social post. ‘At my direction, South Africa will NOT be receiving an invitation to the 2026 G-20, which will be hosted in the Great City of Miami, Florida next year,’ he added.

The Embassy of South Africa did not immediately respond to Fox News Digital’s request for comment.

Clayson Monyela, head of diplomacy for the Department of International Relations and Cooperation, dismissed the notion that South Africa could be shut out.

‘South Africa is a founding member of the G-20. We don’t get invited to G-20 meetings and leaders summit. Those are gatherings of members. If other members allow this then the G-20 will die,’ Monyela told Fox News Digital.

‘Other countries have already told us that they too will boycott the U.S. G-20 if South Africa is excluded,’ Monyela added.

If carried out, the move would break with more than two decades of precedent and mark the first time a member has been formally excluded from the gathering of the world’s major economies.

The G-20, which brings together major advanced and emerging economies and accounts for roughly 80% of global GDP and two-thirds of the world’s population, has historically operated on the principle of inclusion.

That tradition already was strained after the U.S. boycott of the 2025 meeting held in Johannesburg earlier in November.

The Trump administration argued that the country’s government had failed to address violence and discrimination it claimed was occurring in rural farming communities. Additionally, the U.S. objected to the meeting’s focus on climate and development issues rather than core economic priorities.

The boycott marked a notable break from past U.S. engagement, leaving the world’s largest economy missing from a key forum for global economic policymaking.

Trump also said in the same Truth Social post that he would halt U.S. payments to South Africa.

‘South Africa has demonstrated to the world they are not a country worthy of membership anywhere and we are going to stop all payments and subsidies to them, effective immediately,’ Trump wrote.

The White House and State Department did not immediately respond to Fox News Digital’s request for further details.

It remains unclear how the move will affect the country’s standing within the G-20 or broader U.S.–South Africa relations ahead of the 2026 summit in Florida.

Relations between Trump and South African President Cyril Ramaphosa have steadily deteriorated in recent months.

In February, Trump suspended U.S. aid to South Africa, alleging discrimination against White farmers. Tensions escalated again in March when the State Department expelled the South African ambassador, labeling him ‘persona non grata.’

In May, the two leaders clashed in the Oval Office when Trump pressed Ramaphosa over allegations that White Afrikaners were being targeted and killed in South Africa. 

Ramaphosa pushed back, telling Trump he had seen no evidence to support those claims.

Paul Tilsley contributed to this report from Johannesburg, South Africa.

This post appeared first on FOX NEWS

Bert Dohmen, founder and CEO of Dohmen Capital Research, discusses precious metals.

He believes gold’s fundamentals support ‘much higher prices’ for a number of years, and sees silver doing even better as the US faces down the specter of potential deflation.

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

This post appeared first on investingnews.com

A Florida man was arrested after an FBI investigation linked him to multiple extremist group chats on the encrypted messaging app Signal, where agents claim he used aliases to share disturbing graphic messages, detailed instructions for explosives and violent neo-Nazi propaganda.

Lucas Alexander Temple, 20, is facing federal charges for distribution of information regarding the manufacturing or use of explosives and possession of an unregistered short-barreled shotgun, according to court documents.

According to criminal complaints, Temple shared a hand-drawn diagram of a homemade detonator, linked to YouTube videos describing how to synthesize dynamite and construct blasting caps, and posted a 122-page extremist manual filled with White supremacist rhetoric. 

Investigators said the chats also included graphic discussions promoting rape, torture and murder, including the killing of non-White children.

Screenshots of messages allegedly sent by Temple’s aliases included phrases like, ‘How long would it take to rape a femboy to death?’ and discussions about sexually assaulting men.

Temple’s online aliases were linked to his true identity through personal details shared in chats — including his age, job at a grocery store and a family museum visit — and were verified with state records and security footage, according to the complaint.

While executing a search warrant at Temple’s home on Thursday, FBI agents found neo-Nazi propaganda, a book related to Columbine High School shooters Dylan Klebold and Eric Harris and a Springfield Model 67 Series E shotgun with a barrel shorter than 18 inches.

The barrel was allegedly sawed off and found in a separate area by investigators.

ATF records confirmed Temple was not registered to have the weapon.

Agents also found a handwritten note that said, ‘Plans: Wear body cams for livestream. Notify friends of livestream. Put flags on car. Play music on car speakers during operation. Place motion-activated bombs in doorways (for cops).’

During his initial court appearance, Magistrate Judge Amanda Arnold Sansone ordered that he remain detained pending trial, finding he posed a serious danger to others.

This post appeared first on FOX NEWS

Exploration Program Targets Near-Mine Ounce Growth

Fortune Bay Corp. (TSXV: FOR,OTC:FTBYF) (FWB: 5QN) (OTCQB: FTBYF) (‘Fortune Bay’ or the ‘Company’) is pleased to announce that exploration drilling has commenced on multiple high-priority exploration targets at its 100%-owned Goldfields Gold Project (‘Goldfields’ or the ‘Project’) in northern Saskatchewan.

The targets include opportunities for resource expansion at the Box and Athona deposits, and potential for the addition of new resources from underexplored historical occurrences at Frontier, Golden Pond, and Triangle ­— all within two kilometres of past-producing and expected future mine infrastructure (Figure 1).

An initial 17 exploration holes (3,250 metres) are planned with provision to expand the program in a results-driven manner. The exploration drilling will be carried out in conjunction with development-related drilling, supporting advancement of Goldfields to Pre-Feasibility Study, as described in the Company’s recent News Release.

Gareth Garlick, VP Technical Services for Fortune Bay, commented ‘We have initiated drilling within three weeks of closing our financing, demonstrating the pace at which we intend to advance the Project. Goldfields is already positioned as a robust development asset in Canada’s top mining jurisdiction, with work toward pre-feasibility and permitting in progress. Our exploration program is designed to unlock additional near-mine ounces that could further strengthen Goldfields’ exceptional economics and improve the overall development profile.’

Box Deposit – High-Grades Open at Depth

The Box deposit is wide open at depth. The Company’s 2021 drilling confirmed high-grades extending up to 240 m beyond the extents of the current open-pit constrained Mineral Resource Estimate (‘MRE’) (Figure 2), including:

  • 13.22 g/t Au over 8.0 m from 426.0 to 434.0 m (drill hole B21-340)
  • 8.74 g/t Au over 5.0 m from 575.0 to 580.0 m (drill hole B21-339)
  • 8.00 g/t Au over 12.0 m from 509.0 to 521.0 m (drill hole B21-336)
  • 8.00 g/t Au over 4.0 m from 375.0 to 379.0 m (drill hole B21-334)

Four initial drill holes (2,000 m) are planned to test and infill large gaps (up to 170 m) in the existing drill hole coverage outside of the MRE to test for extensions to high-grade zones with underground mining potential.

Gold mineralization occurs in sheeted and stockwork quartz–sulphide veins within the Box Mine Granite (‘BMG’), controlled by N-S and NW-SE trending structures. The Box Deposit currently hosts an open-pit constrained mineral resource including 734,300 oz Indicated (16.2 Mt @ 1.41 g/t), and 114,100 oz Inferred (3.4 Mt @ 1.04 g/t) (effective date September 11, 2025).

Athona Deposit – Near-Pit Resource Expansion Potential

Mineral resources at Athona are hosted entirely within the Athona Mine Granite (‘AMG’). The outcropping Athona West Mine Granite (‘AWMG’) is located immediately west of the AMG and displays gold mineralization similar in style to the AMG, but has not seen sufficient drilling to support estimation of mineral resources (Figure 3).

Two initial drill holes (270 m) are planned with the dual purpose of testing mineralization continuity in the AWMG and testing an underlying extension of the AMG below the AWMG. This target is located directly adjacent to, and partially overlapping, the Athona open-pit designed in the Updated PEA and has potential to cost-effectively add mineral resources with limited delineation drilling.

Gold mineralization at Athona occurs as stacked quartz–sulphide vein arrays controlled by NNE-trending structures. The Athona Deposit (AMG) currently hosts an open-pit constrained mineral resource including 255,400 oz Indicated (7.8 Mt @ 1.02 g/t) and 100,100 oz Inferred (4.0 Mt @ 0.78 g/t) (effective date September 11, 2025).

Exploration Drilling at Underexplored Historical Gold Occurrences

The Frontier, Golden Pond, and Triangle occurrences — all located within two kilometres of past-producing and expected future mine infrastructure — represent opportunities to define new mineralized zones that could ultimately contribute additional gold ounces to future Mineral Resource Estimates, thereby enhancing the overall scale and optionality of the Goldfields Project. The 2025/2026 exploration drilling program has been designed to test the size potential and continuity of shallow mineralized systems at these targets. Results from this work will be used to prioritize areas for follow-up delineation drilling, with the objective of advancing the most compelling opportunities in a cost-effective and timely manner.

Frontier – Located 800 metres northwest of the Box Deposit, the mineralized Frontier Mine Granite (‘FMG’) forms a 10–25 metre thick tabular body striking ENE–WSW and dipping gently to the SSE, similar in style to the Box Mine Granite. Historical work indicates that most mineralization occurs within a topographic high (outcropping to ~25 metres depth), which could provide a favourable strip ratio should a mineral resource be defined. Three initial drill holes (340 metres) are planned test for down-dip extensions of historically identified mineralization.

Golden Pond – Historical drilling at Golden Pond returned near-surface gold mineralization, with the vein system interpreted to remain open to the northwest. Six initial holes (440 metres) are planned to confirm historical results and to evaluate both along-strike and down-dip extensions of the mineralized structure.

Triangle – Triangle hosts a broad quartz-vein system that has returned surface grab samples up to 177 g/t gold from recent fieldwork. Unlike the granite-hosted targets at Box, Athona, Frontier, and Golden Pond, mineralization at Triangle occurs within less-resistant calcareous bedrock and is often masked by overburden. Historical drilling was limited and did not appropriately test the interpreted vein orientation.

Two initial drill holes (200 metres) will be completed to properly evaluate the target and assess continuity of the mineralized system both along strike and down dip.

Technical Disclosure

Current Drilling and Sampling Results

The Box 2021 (‘B21’) and 2022 (‘B22’) drill holes were oriented at moderate dips (-55 to -60 degrees) to the east to intersect the dominant mineralized vein-sets at high angles, and true thicknesses are estimated to be approximately 80% of the intersected lengths. Drill results shown are assays from 1 metre samples of half-cut NQ core composited into longer intervals using a minimum lower cut-off of 0.5 g/t Au, and maximum 5 metres of consecutive waste defined as < 0.3 g/t Au.

Surface sample results from Triangle derive from grab samples collected by hand from outcrop. Grab samples are selective in nature and are not necessarily representative of the overall mineralization at the occurrence.

Historical Results

Historical exploration results for Golden Pond and Frontier, that are being used to plan exploration holes, derive from assessment reports 74N08-0150 and 74N07-0315, respectively. These reports and supporting datasets are available for download from the Saskatchewan Mineral Assessment Database (‘SMAD’). Accordingly, historical results have not been verified and there is a risk that any future confirmation work and exploration may produce results that substantially differ from the historical results. The Company considers historical results relevant to assess the mineralization and economic potential of the property.

Mineral Resource Estimate

The Mineral Resource Estimate for Box and Athona is provided in the technical report titled ‘Goldfields Project Updated NI 43-101 Technical Report & Preliminary Economic Assessment, Saskatchewan, Canada‘, dated October 20, 2025, prepared by Kevin Murray, P.Eng.; Scott C. Elfen, P.E.; James Millard, P.Geo.; Jonathan Cooper, P.Eng.; Marc Schulte, P.Eng.; Cliff Revering, P.Eng.; and Ron Uken, Pr.Sci.Nat. for Fortune Bay Corp. The report is available under the Company’s issuer profile on SEDAR+ (www.sedarplus.ca) and on the Company’s website at www.fortunebaycorp.com.

Qualified Person & Technical Disclosure

The technical and scientific information in this news release has been reviewed and approved by Gareth Garlick P.Geo., Vice-President Technical Services of the Company, who is a Qualified Person as defined by NI 43-101. Mr. Garlick is an employee of Fortune Bay and is not independent of the Company under NI 43‑101.

About Goldfields

The 100% owned Goldfields Project (‘Goldfields’ or the ‘Project’) is located approximately 13 kilometres south of Uranium City, Saskatchewan. Goldfields hosts the Box and Athona gold deposits, as well as additional gold showings within the prospective Goldfields Syncline. The Box deposit was historically mined underground between 1939 and 1942, producing 64,000 ounces of gold. The Project is located within a historical mining area and benefits from established infrastructure, including a road and hydro-powerline to the Box deposit. Nearby facilities and services in Uranium City include bulk fuel, civils contractors, and a commercial airport.

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR,OTC:FTBYF; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve—prior to the capital-intensive build phase. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and two optioned Athabasca Basin uranium portfolios providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

‘Dale Verran’
Chief Executive Officer
902-334-1919

Cautionary Statement

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions, and expectations. They are not guarantees of future performance. Words such as ‘expects’, ‘aims’, ‘anticipates’, ‘targets’, ‘goals’, ‘projects’, ‘intends’, ‘plans’, ‘believes’, ‘seeks’, ‘estimates’, ‘continues’, ‘may’, variations of such words, and similar expressions and references to future periods, are intended to identify such forward-looking statements, and include, but are not limited to, statements with respect to: the results of the Updated PEA, including future Project opportunities, future operating and capital costs, closure costs, AISC, the projected NPV, IRR, timelines, permit timelines, and the ability to obtain the requisite permits, economics and associated returns of the Project, the technical viability of the Project, the market and future price of and demand for gold, the environmental impact of the Project, and the ongoing ability to work cooperatively with stakeholders, including Indigenous Nations, local Municipalities and local levels of government. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward- looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate Indigenous Nations and local Municipalities, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on Fortune Bay, readers should refer to Fortune Bay’s website at www.fortunebaycorp.com.

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

SOURCE Fortune Bay Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2025/25/c2492.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

The Justice Department asked a federal judge to unseal grand jury materials and lift protective orders in the Jeffrey Epstein and Ghislaine Maxwell cases after President Donald Trump signed the Epstein Files Transparency Act.

Signed by Trump on Nov. 19, 2025, the law requires Attorney General Pam Bondi to release all unclassified records, communications and investigative materials related to Epstein within 30 days.

The order allows limited redactions for victim privacy or to protect active investigations, but those must be narrowly tailored and justified in the Federal Register.

The department asked the court to expedite the unsealing of grand jury transcripts and exhibits and to modify orders that block public release of discovery materials.

It argued that Congress explicitly authorized disclosure under the law, overriding the secrecy of grand jury proceedings outlined in the Federal Rules of Criminal Procedure. The law, the DOJ said, also supersedes earlier court rulings that denied unsealing.

The judge in the Maxwell case set a briefing schedule Monday, ordering Maxwell to file her position by Dec. 3. He also directed prosecutors to notify victims, who may submit letters to the court by the same date.

The government has until Dec. 10 to respond, and the judge will rule afterward, though he has not set a specific date. The judge has acknowledged the law’s 30-day release deadline for Bondi.

The House voted 421-1 last Tuesday to release the files after months of pressure from Reps. Thomas Massie, R-Ky., and Ro Khanna, D-Calif. Rep. Clay Higgins, R-La., cast the lone ‘no’ vote, saying the bill ‘reveals and injures thousands of innocent people — witnesses, people who provided alibis, family members, etc.’

House Speaker Mike Johnson, R-La., supported the measure but voiced similar concerns. The Senate passed the bill hours later by unanimous consent.

Trump signed the law amid renewed scrutiny of his past association with Epstein after the Justice Department and FBI said in July they would not unseal related materials, citing the case’s closure.

The law directs the department to release all unclassified records related to Epstein and Maxwell, as well as files referencing individuals in Epstein’s prior cases, trafficking allegations, internal communications and details about his death.

Files containing victims’ names, child sexual abuse material, classified content or information that could affect active investigations may be withheld or redacted.

Bondi said Wednesday she would comply with the law, which requires the department to post the files online in a searchable format within 30 days.

The release has drawn strong interest from Trump supporters who have urged the department to disclose Epstein’s alleged ‘client list’ and details of his death.

While the documents are authentic, Epstein’s statements in the emails remain unverified. They do not allege wrongdoing by Trump and only reference him in passing.

Trump has not been formally accused of misconduct related to Epstein, and no law enforcement records link him to Epstein’s crimes.

Epstein died by suicide in 2019 while awaiting trial on federal sex-trafficking charges. Maxwell was later convicted of similar offenses and is serving a 20-year sentence.

Fox News’ Diana Stancy and Emma Colton contributed to this report.

This post appeared first on FOX NEWS