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Friday’s overheated inflation data appears to have initiated a new downward leg for the major equity averages.  This could mean a confirmed bear flag pattern for the S&P 500, and potentially much further lows before this corrective period is complete.

A bear flag occurs during a downtrend phase, where price begins a brief countertrend rally of higher highs and higher lows.  This short-term uptrend swing formed by parallel trendlines represents a brief pause within the longer downtrend structure.  If and when the price breaks below the lower trendline, that confirms the bear flag pattern and suggests a continuation of the bear phase.  

A bear flag often occurs around the midpoint of the downtrend, which is why we can use the trend leading into the pattern as a way of projecting a minimum downside objective.  Based on the daily S&P 500 chart, and assuming a confirmed bear flag pattern this week, that would suggest a downside objective around 5200.

How else can we corroborate this indicator that implies a 16% drop from the February all-time high?  The good news is that patterns like this don’t happen in a vacuum, so let’s review how this analysis relates to other areas of the technical toolkit.

Here we can see that the swing low from earlier in March lined up almost perfectly with a 61.8% retracement of the August 2024 to December 2024 bull phase.  The subsequent bounce earlier this month drove the S&P 500 up to test its 200-day moving average from below, a level which coincided with the price gap formed around election day in November.

I always think of charts in terms of key price levels, what I call “lines in the sand”, so I can set alerts and focus on taking action only when the chart confirms a new trend.  In this case, the 5500 level seems to be the most important price point to monitor, as a violation of that support level would mean a breakdown through Fibonacci support as well as the March swing low.

Assuming a break below 5500, the S&P 500 would then have a clear path to a new downside objective in the 5100-5200 range.  The 5200 target is derived from the bear flag pattern described today, while the 5100 level is based on a longer-term Fibonacci structure using the October 2022 low.

It’s worth noting that none of these targets are absolute guarantees!  Only by analyzing trend, breadth, and momentum readings along the way down can we validate the likelihood of further deterioration.  I sign off every episode of my daily market recap show with the tagline, “It’s always a good time to own good charts.”  Based on this week’s bear flag pattern, the S&P 500 just isn’t a good chart.

One more thing… We interviewed options expert Jay Soloff last week on the Market Misbehavior podcast in what ended up being a masterclass on the VIX.  If you’ve ever wondered what the VIX represents and how investors can use it to assess market conditions, you should make the time to listen in!


RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

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

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$86,622.95, a 1.7 percent decrease over the past 24 hours. The day’s trading range has seen a low of US$85,862.55 and a high of US$87,812.64.

The crypto market is under pressure following an executive order from US President Donald Trump to issue “secondary tariffs” of 25 percent on countries that purchase oil from Venezuela.

Bitcoin performance, March 26, 2025.

Bitcoin performance, March 26, 2025.

Chart via TradingView.

Ethereum (ETH) is priced at US$2,002.36, a 3.6 percent decrease over 24 hours. The cryptocurrency reached an intraday low of US$1.985.69 and a high of US$2,058.49.

Altcoin price update

  • Solana (SOL) is currently valued at US$137.76, down 5.2 percent over the past 24 hours. SOL experienced a low of US$136.39 and a high of US$144.21 on Wednesday.
  • XRP is trading at US$2.38, reflecting a 3.3 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday low of US$2.36 and a high of US$2.45.
  • Sui (SUI) is priced at US$2.58, showing a 4.6 percent increase over the past 24 hours. It achieved a daily low of US$2.52 and a high of US$2.64.
  • Cardano (ADA) is trading at US$0.7285, reflecting a 2.7 percent decrease over the past 24 hours. Its lowest price on Wednesday was US$0.722, with a high of US$0.7632.

Crypto news to know

GameStop’s Bitcoin bet sparks meme stock rally

GameStop (NYSE:GME) shares surged close to 20 percent on Wednesday after the company announced plans to add Bitcoin to its treasury reserve assets, mirroring Michael Saylor’s Strategy (NASDAQ:MSTR). The move comes as GameStop struggles with declining brick-and-mortar sales, having pivoted toward e-commerce under CEO Ryan Cohen.

Speculation around the retailer’s crypto ambitions grew after Cohen was seen with Saylor on social media last month. Analysts warn that GameStop’s exposure to Bitcoin could introduce more volatility to its stock.

The company, however, has been aggressive in cutting costs, doubling its fourth quarter net income to US$131.3 million despite a 30 percent revenue drop.

Microsoft declines after data center news

Shares of crypto miners and Microsoft (NASDAQ:MSFT) closed down after TD Cowen alleged that the tech conglomerate has abandoned plans for new data centers in the US and Europe.

Share prices for Bitcoin miners, including Bitfarms (NASDAQ:BITF), CleanSpark (NASDAQ:CLSK), Core Scientific (NASDAQ:CORZ), Hut 8 (NASDAQ:HUT) and Riot Platforms (NASDAQ:RIOT), dropped between 4 and 12 percent. Microsoft closed down 1.31 percent, while daily losses for the miners fell between 7 and 12 percent.

According to Bloomberg, Google (NASDAQ:GOOGL) and Meta Platforms (NASDAQ:META) have picked up some of the leases Microsoft has allegedly canceled or deferred over the last six months, although neither company has confirmed. In a statement from Microsoft obtained by the publication, the company said “significant investments” have left it “well positioned to meet (its) current and increasing customer demand.”

“While we may strategically pace or adjust our infrastructure in some areas, we will continue to grow strongly in all regions,” the spokesperson said. “This allows us to invest and allocate resources to growth areas for our future.”

Ethereum’s Pectra upgrade launches on testnet

Ethereum’s Pectra upgrade launched on the Hoodi testnet on Wednesday after a series of technical issues delayed the mainnet launch, which was originally slated for sometime in March.

If the launch is successful, Pectra could hit the mainnet by April 25. The Pectra upgrade aims to improve Ethereum’s scalability, staking efficiency and developer capabilities.

USDC launches in Japan

Circle launched its stablecoin, USDC, in Japan on Wednesday. The launch was made possible through a strategic partnership with SBI Holdings (TSE:8473), a Japanese financial firm.

The launch comes after Circle and SBI received regulatory approval from Japan’s Financial Services Agency (FSA) earlier this month. The FSA’s green light paved the way for the companies to introduce USDC to the Japanese market, marking a significant step in the adoption of stablecoins in the country.

Following the regulatory approval, a launch date was announced on Monday (March 24).

At the time of this writing, USDC’s market capitalization was US$60.15 billion.

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.

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Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce that it has closed the bought deal equity financing previously announced by the Company on March 20, 2025, including the partial exercise of the underwriters’ option, for aggregate gross proceeds of $19,500,000 (the ‘Offering’). The Offering was conducted by a syndicate of underwriters led by Cormark Securities Inc. and Velocity Trade Capital Ltd., and including Clarus Securities Inc., BMO Capital Markets, Roth Canada Inc. and Ventum Financial Corp. (collectively, the ‘Underwriters’).

Pursuant to the Offering, the Company issued 19,500,000 common shares (the ‘Offered Shares‘) at a price of $1.00 per Offered Share. Mr. Eric Sprott, through 2176423 Ontario Ltd. (‘2176423‘), a corporation beneficially owned by him, invested $5,000,000 by subscribing for 5,000,000 Offered Shares.

The net proceeds of the Offering will be used for the development of the Company’s projects in Mexico, including drilling at Ana Paula, and for general corporate purposes.

In consideration for the services provided by the Underwriters in connection with the Offering, on closing the Company paid to the Underwriters a cash commission equal to 5.0% of the gross proceeds of the Offering.

Of the Offered Shares, (a) 9,000,000 were sold pursuant to the ‘listed issuer financing exemption’ under Part 5A of National Instrument 45-106 – Prospectus Exemptions and therefore are not subject to resale restrictions pursuant to applicable Canadian securities legislation, and (b) 10,500,000 were sold pursuant to other exemptions under applicable Canadian securities legislation and are subject to a hold period expiring on July 29, 2025.

The Offering remains subject to the final acceptance of the TSX Venture Exchange (the ‘TSX-V‘).

2176423 is an existing insider of the Company, and as such, its participation in the Offering is a related-party transaction as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company completed the Offering in reliance on exemptions available under MI 61-101 from the formal valuation and minority approval requirements of MI 61-101. Specifically, the Offering is exempt from the formal valuation requirement in Section 5.4 of MI 61-101 in reliance on Section 5.5(b) of MI 61-101 as the Company is not listed on a specified market within the meaning of MI 61-101. Additionally, the Offering is exempt from the minority approval requirement in Section 5.6 of MI 61-101 in reliance on Section 5.7(1)(a) of MI 61-101 insofar as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Offering insofar as it involves ‘interested parties’ exceeds 25% of the Company’s market capitalization. The Company did not file a material change report more than 21 days before the expected closing date of the Offering as the details of the Offering and the participation therein by each ‘related party’ of the Company were not settled until shortly prior to closing, and the Company wished to close the Offering on an expedited basis for sound business reasons.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered under the U.S. Securities Act or any U.S. state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable U.S. state securities laws, or an exemption from such registration requirements is available.

About Heliostar Metals Ltd.

Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on increasing production and developing new resources at the La Colorada and San Agustin mines in Mexico, and on developing the 100% owned Ana Paula Project in Guerrero, Mexico.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Charles Funk
President and Chief Executive Officer
Heliostar Metals Limited
Email: charles.funk@heliostarmetals.com
Phone: +1 844-753-0045
Rob Grey
Investor Relations Manager
Heliostar Metals Limited
Email: rob.grey@heliostarmetals.com
Phone: +1 844-753-0045

 

Neither TSX Venture Exchange nor its Regulation Services 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 Note Regarding Forward-Looking Statements

This press release contains statements which, other than statements of historical fact, constitute ‘forward-looking information’ and ‘forward-looking statements’ within the meaning of applicable securities laws. The words ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘plan’, ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’ and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. This press release contains forward-looking information in a number of places such as in statements relating to the use of the net proceeds of the Offering, and the final approval of the TSX Venture Exchange. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of the mining industry, as well as those risk factors discussed or referred to in the Company’s annual information form and the Company’s annual and interim financial statements and corresponding management discussions and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246462

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(TheNewswire)

Element79 Gold Corp.

Vancouver, British Columbia TheNewswire – March 28, 2024 Element79 Gold Corp. (CSE: ELEM | FSE: 7YS0 | OTC: ELMGF) is pleased to provide an update on the latest Chachas community engagement and ongoing efforts for its Minas Lucero Project in Arequipa, Peru.

Ongoing Communication and Support with Chachas

As an update to the Company’s news release on March 11, 2024, the Company continues to maintain positive and open lines of communication with key stakeholders in the Chachas community.  Now that the rainy season weather conditions are lessening, the community, as well as Element79’s community team have returned to Chachas, Arequipa, with renewed vigour for the new year.  Some items to look forward to in the coming days and weeks:

  • Local Presence: The Company continues to maintain its office in Chachas, along with an on-the-ground community assistant in Chachas to monitor developments and maintain direct communication.

  • Community Interaction: Ongoing dialogue with local stakeholders, community leaders and working at responding to direct inquiries of the Company’s intended work plans in 2025 and beyond.

  • Weather-Related Impact: Heavy rains and landslides common to this season have affected roads in and around Chachas, and working at clearing and repairing these are a priority for all community members, for safety and logistical purposes.  This weather has suspended artisanal mining operations in the area into April, although they are anticipated to recommence shortly.

Upcoming Multi-Stakeholder Meetings in the Chachas region

As the communities of the general region get prepared for work post-rainy season, the Spring General Assembly Meeting has been set for April 12, 2025.  As evidenced in the below community notice from the Chachas main town hall, Element79 Gold Corp is directly on the agenda for discussing upcoming exploration and development plans as well as pursuing the completion of long-term surface agreements and undergoing the process of Formalization of existing REINFO small-scale mining permits along with the Company’s mineral leases.


Click Image To View Full Size

Image 1 – Photo taken by ELEM community team 03.27.2025 of the General Assembly Notice posted on the notice board of the Chachas Community Main Hall.  Element79 Gold Corp’s business is the second item on the agenda for the General Assembly meeting to be held on April 12, 2025.

The Company will provide further updates and action items in due course following the abovementioned meeting on April 12.

Commitment to Responsible Mining

Element79 Gold Corp. remains dedicated to transparent dialogue, responsible community and resource development, and long-term profitable and mutually beneficial community partnerships .   The Company will continue to provide updates as these initiatives progress.

About Element79 Gold Corp.

Element79 Gold Corp. is a mining company focused on exploring and developing its past-producing, high-grade gold and silver project, Lucero , located in Chachas, Arequipa, Peru. The Company is committed to advancing responsible mining practices and maintaining strong relationships with local communities to support sustainable development.

The Company also holds several exploration projects along Nevada’s Battle Mountain trend, a region renowned for prolific gold production, and these assets are under contract for sale in the first half of 2025.  Additionally, Element79 has recently transferred its Dale Property in Ontario to its subsidiary, Synergy Metals Corp., as part of a spin-out process.

For further information, please visit our website at www.element79.gold .

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

Email: jt@element79.gold

For investor relations inquiries, please contact:

Investor Relations Department
Phone: +1 (403)850.8050
Email: investors@element79.gold

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this News Release, which are not historical in nature, constitute ‘forward looking statements’ within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs, results and timing of any work programs, the Company’s performance or events as of the date hereof. These statements reflect management’s current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward-looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related to design and engineering, manufacturing, technological processes and test procedures and the risk that the project’s output will not be salable at a price that will cover the project’s operating and maintenance costs. Forward-looking statements should not be construed as investment advice. Readers should conduct a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Sen. Josh Hawley, R-Mo., a member of the powerful Senate Judiciary Committee, is confident his new bill to stop federal judges from making nationwide injunctions will stop them from ‘provoking a crisis.’

Earlier this week, the Missouri Republican debuted a measure to ‘stop nationwide injunctions.’

In an interview with Fox News Digital, Hawley explained, ‘I don’t think these judges have the authority to do that under the Constitution anyway, but they’re trying to and this legislation would make sure they can’t do it.’

The bill was rolled out in response to the slew of nationwide injunctions by federal district judges halting the actions of President Donald Trump’s administration. 

The number of such orders levied against Trump so far this term exponentially outweighs the number his predecessors saw. 

The courts have hit him with roughly 15 wide-ranging orders since he took office in January, more than former Presidents George W. Bush, Barack Obama and Joe Biden received during their entire tenures. 

Hawley said he has personally urged Senate Republican leadership to take up his bill. However, Senate Majority Leader John Thune, R-S.D., has not indicated any plans to do so. 

When asked previously by Fox News Digital if he had ideas for policy regarding the injunctions, or whether he believed Congress needed to act, Thune’s office did not provide comment. 

He noted to reporters earlier this week that Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, was examining the issue. ‘At the end of the day, there is a process, and there’s an appeals process. And, you know, I suspect that’s ultimately how it’s going to be ended,’ Thune said. 

Hawley believes it should be brought to the floor even with the risk of not overcoming the legislative filibuster’s 60-vote threshold. ‘If their views have changed, I’d love to hear the explanation for why they have suddenly changed in the space of four months,’ he said of Democrat senators, some of whom were critical of nationwide injunctions during the Biden administration. 

Hawley said he believed Trump would support his bill, given the president’s past public comments calling for ending nationwide injunctions.

‘Unlawful Nationwide Injunctions by Radical Left Judges could very well lead to the destruction of our Country! These people are Lunatics, who do not care, even a little bit, about the repercussions from their very dangerous and incorrect Decisions and Rulings,’ Trump recently wrote on Truth Social. 

‘STOP NATIONWIDE INJUNCTIONS NOW, BEFORE IT IS TOO LATE,’ he added. 

Hawley slammed the judges for piling on orders, explaining ‘they’re just liberal judges who are fancy themselves, part of the resistance, who are willing to do whatever it takes to stop Trump.’

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Vice President JD Vance refuses to mince his words with European allies. 

From blasting European nations on censorship issues, to publicly urging Ukrainian Vice President Volodymyr Zelenskyy to express gratitude for U.S. support during its conflict with Russia, Vance has secured his spot as a vocal advocate and messenger for the Trump administration’s ‘America First’ agenda. 

Now Vance has another opportunity to deliver the Trump administration’s gospel. He will be visiting Greenland Friday amid efforts from President Donald Trump to check off another foreign policy win for his administration and acquire the Danish territory. 

While, historically, vice presidents have resorted to the wings and allowed the president to take center stage on foreign policy issues, that is not the case for Vance. He is in the foreign policy spotlight now. 

‘He’s someone who’s not going to just sit by and stand back like Mike Pence did a lot of the times,’ a GOP source familiar with Trump’s ‘America First’ agenda told Fox News Digital on Thursday. ‘He’s really taking the charge.’

Vance and second lady Usha Vance, along with National Security Advisor Mike Waltz, are poised to visit Pituffik Space Base in Greenland Friday, the Department of Defense’s northernmost military installation that houses Space Force’s 821st Space Base Group to conduct missile warning, missile defense and space surveillance operations. 

Vance’s departure from his predecessors and involvement in the foreign policy theater stems from a generational shift following the Global War on Terror, according to Republican Rep. Brian Mast of Florida. 

While former vice presidents Mike Pence and Joe Biden had no direct military experience, that’s not the case for the current cohort of foreign policy leaders at the White House. 

Vance, who served for four years in the Marine Corps and completed a deployment to Iraq, and Waltz, a former Army Green Beret who served four deployments to Afghanistan, are now calling the shots on foreign policy initiatives for the White House’s agenda. 

‘Like myself, Mike Waltz, and others, he served in the Global War on Terror and saw firsthand the damage of bad foreign policy,’ Mast, a combat veteran who lost both his legs during a deployment to Afghanistan, said in a Thursday statement to Fox News Digital. ‘Unlike other vice presidents, JD’s not afraid to go out there and talk about what he cares about — and what he cares about is putting America First.’

 

The Trump administration has accused Denmark of neglecting Greenland, and Trump has said that acquiring Greenland is critical for national security purposes as a strategic area in the Arctic. 

But leaders in Denmark and Greenland remain unequivocally opposed to Greenland becoming part of the U.S., although Greenland’s prime minister has called for independence from Copenhagen. 

Meanwhile, Denmark has come under scrutiny for its treatment of indigenous people from Greenland. A group of indigenous women from Greenland sued the Danish government in May 2024 and accused Danish health officials of fitting them with intrauterine devices without their knowledge between the 1960s and 1970s. 

Denmark and Greenland launched an investigation into the matter in 2022, and the report is expected for release this year. 

A senior White House official said in a statement to Fox News Digital that Denmark’s treatment of the people of Greenland will be a prominent aspect of the visit. 

‘Unfortunately, Danish leaders have spent decades mistreating the Greenlandic people, treating them like second-class citizens and allowing infrastructure on the island to fall into disrepair. Expect the Vice President to emphasize these points as well,’ the official said. 

Greenland is rich in natural resources, including oil and natural gas, and both Russia and China have bolstered their presence in the region in recent years. 

Mast also pointed out how European countries are now vowing to bolster defense spending as an example of Vance’s leadership. European Commission President Ursula von der Leyen put forth an $841 billion proposal March 4 for European Union nations to enhance defense spending. 

British Prime Minister Keir Starmer pledged in February to boost his country’s defense spending to 2.5% of its gross domestic value. That is an increase from the 2.3% the U.K. currently spends, and amounts to a nearly $17 billion increase.

As a result, Mast said that Vance’s approach is proving successful in lighting a fire under European allies to take action. 

‘He wants to make sure America is not being taken advantage of, or being taken for granted,’ Mast said. ‘We need a Europe that steps up and is an equal partner, because if you are not a partner, then you are a dependent. Europe needs to hear this tough talk, and it’s already working.’

Vance’s tough stance on Europe emerged recently when messages from a group chat discussing strikes against Yemen leaked on Monday, according to a report from the Atlantic. 

The group chat, which included White House officials like Waltz and Secretary of Defense Pete Hegseth, outlined plans to strike Iran-backed Houthi rebels in Yemen. Vance initially remained skeptical of the strikes, and in one message, he said: ‘I just hate bailing out the Europeans again.’ 

Vance has signaled such views publicly as well in recent appearances. At the Munich Security Conference in February, he laid out the Trump administration’s stance that Europe ‘step up in a big way to provide for its own defense,’ while also cautioning that Russia and China don’t jeopardize as great a threat to European nations as the ‘threat from within,’ in regard to issues like censorship and illegal immigration.

European leaders decried the statements, and German Defense Minister Boris Pistorius said he interpreted the remarks as a comparison to ‘conditions in parts of Europe with those in authoritarian regimes.’

When Zelenskyy visited the White House in February, Vance also didn’t shy away from defending the Trump administration’s position. After Zelenskyy pointed out that Russian President Vladimir Putin has a history of breaking agreements and challenged Vance’s statements that the path forward was through diplomacy to end the war in Ukraine, Vance accused Zelenskyy of being ‘disrespectful.’ 

‘Do you think that it’s respectful to come to the Oval Office of the United States of America and attack the administration that is trying to prevent the destruction of your country?’ Vance asked at the Oval Office meeting. 

Vance declined to comment through a spokesperson when reached for a statement by Fox News Digital. 

Now, Vance is slated to exercise his foreign policy skills again with a trip abroad less than eight weeks after appearing in Munich and his spat with Zelenskyy. 

While it’s unclear whether the Trump administration will successfully take over Greenland, Republican Sen. Jim Banks of Indiana, a member of the Senate Armed Services Committee, predicted that Vance’s understanding of Trump’s America First agenda will shine through during the vice president’s trip to Greenland once again. 

‘JD Vance was a great messenger for that agenda in the Oval Office exchange with Zelensky, in his speech in Munich, and I expect we’ll see it again during his trip to Greenland,’ Banks said in a statement to Fox News Digital. 

Fox News’ Charles Creitz contributed to this report. 

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Speaking from the Arctic as Vice President JD Vance prepared for his trip to Greenland to assess U.S. security concerns, Russian President Vladimir Putin said that Washington’s ambitions for the Arctic nation had ‘nothing to do’ with Russia. 

‘In short, America’s plans in relation to Greenland are serious,’ Putin said Thursday during an address to Russia’s Arctic Forum in Murmansk. 

‘These plans have deep historical roots,’ he continued, according to a BBC report. ‘And it’s clear that the US will continue to systematically pursue its geo-strategic, military-political and economic interests in the Arctic.

‘As for Greenland, this is a matter for two specific countries,’ he added. ‘It has nothing to do with us.’

Putin’s comments coincided with remarks by President Donald Trump, who on Thursday doubled down on his ambitions for the Arctic nation despite international rebuke, and said, ‘We need Greenland for international safety and security. We need it. We have to have it.’

‘It’s [an] island from a defensive posture and even offensive posture is something we need,’ he told radio host Vince Coglianese. ‘When you look at the ships going up their shore by the hundreds, it’s a busy place.’

Trump acknowledged he was unsure if the people of Greenland wanted to become U.S. citizens, but he said it was important to ‘convince them.’

Greenland’s citizens and leadership have repeatedly made clear they are not interested in becoming a part of the U.S. and are seeking full independence from Denmark. 

It is unclear if the vice president will be advancing Trump’s message while visiting the U.S.’ Pituffik Space Force base in northwest Greenland, but Vance and his wife, second lady Usha Vance, quickly changed their itinerary earlier this week upon announcing the planned trip after Greenland’s leaders made clear the Vance’s were not issued an invitation – sparking a diplomatic uproar.

However, as Trump claims the Arctic nation is needed for U.S. security, Russian officials are now touting the idea that Washington and Moscow could expand economic cooperation in the Arctic. 

‘We are open to considering different investment opportunities that we can do jointly with the U.S., in certain sectors approved by the Russian government,’ Putin’s envoy for foreign investment and economic cooperation, Kirill Dmitriev, said according to the BBC report, which also noted the Kremlin official has already been in ‘direct talks’ with the U.S.

‘We are open for investment cooperation in the Arctic. That could be in logistics, or other areas beneficial to Russia and to the U.S.,’ Dmitriev added. ‘But before deals can be done, the war in Ukraine needs to end.’

Russia has stalled U.S. attempts to secure a ceasefire in Ukraine by laying out conditions European nations have made clear they will not agree to, like lifting sanctions and booting Ukrainian President Volodymyr Zelenskyy from office – which security experts have long warned is Putin’s chief aim to cement control over the former Soviet nation.

Putin reiterated this goal during his address from the Arctic and said, ‘We could, of course, discuss with the United States, even with European countries, and of course with our partners and friends, under the auspices of the UN, the possibility of establishing a transitional administration in Ukraine.’

It remains highly unlikely Ukraine or its European partners, including France and the U.K. who sit on the UN Security Council, will agree to Putin’s conditions. 

Anders Hagstrom contributed to this report. 

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Vice President JD Vance and second lady Usha are visiting Greenland on Friday, an island of less than 60,000 people that has become central to President Donald Trump’s foreign policy. 

The Vances are visiting Pituffik Space Force Base, where they will receive a briefing on Arctic security issues and meet with U.S. service members. 

‘The Vice President and Second Lady are embarking on a historic expedition with their visit to Greenland, where the vice president will emphasize the importance of bolstering Artic security in places like Pituffik Space Base,’ a senior White House official said. ‘Unfortunately, Danish leaders have spent decades mistreating the Greenlandic people, treating them like second class citizens and allowing infrastructure on the island to fall into disrepair. Expect the Vice President to emphasize these points as well.’ 

Usha Vance was originally slated to travel to Greenland without the vice president on a cultural trip to watch a dog sledding race. However, earlier this week the vice president opted to join, and the trip was shifted to focus on national security. 

Vance is the highest-ranking official to ever travel as far north as Pituffik, the White House said. 

Vance’s first trip abroad to Paris and Germany made waves for his tough talk on Europe, which iced over the U.S.’ relationship with some nations but precipitated a mobilization of funding by Europe for its own defense.

Trump has made it a mission to take over Greenland from Denmark in his second administration.

‘We need Greenland for national security and international security,’ he told reporters in the Oval Office. 

‘So we’ll, I think, we’ll go as far as we have to go,’ he continued. ‘We need Greenland. And the world needs us to have Greenland, including Denmark. Denmark has to have us have Greenland. And, you know, we’ll see what happens. But if we don’t have Greenland, we can’t have great international security.’

‘I view it from a security standpoint, we have to be there,’ Trump added. 

Greenland relies heavily on welfare from Denmark, which currently contributes around half of its annual budget, amounting to around $700 million per year. 

In January, in response to Trump’s stated ambitions, Denmark announced it would spend another $2 billion to bolster defenses on the island. 

The Trump administration has dangled billions for Greenland to invest in developing its natural resources – rare Earth minerals and oil and gas reserves. 

However, mining Greenland has proven notoriously difficult given that 80% of the island is covered in a sheet of ice. 

Greenland’s Prime Minister Mute Egede earlier this week called the upcoming Vance visit ‘very aggressive American pressure against the Greenlandic community’ and called on European leaders to stand against it. 

Trump established the Space Force in 2019 as a way to defend against encroachment on America’s interests in Earth’s orbit. In recent years, China and Russia have stepped up their Arctic presence, investing in icebreakers, new nuclear submarines and rare Earth minerals.

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: The House Judiciary Committee sent a letter Thursday to Tina Ansari, the lead federal prosecutor in a case brought by the Biden Department of Justice, against Dr. Eithan Haim for leaking records that revealed Texas Children’s Hospital was performing medical procedures on minors.

Ansari indicted Haim on federal charges after he exposed the Texas medical system for performing transgender medical procedures on minors.

Ansari was removed from the criminal case, which has since been dismissed by the Trump Justice Department, after information showed that her family was involved extensively in business dealings with the Texas medical hospital system.

Fox News Digital obtained the letter to Ansari, which reads, ‘You were the lead prosecutor on Dr. Haim’s case. You allegedly were removed from the case for failing to report an enormous conflict of interest stemming from the substantial financial and political ties to your close family members.’ 

‘This lack of candor and apparent conflict of interest raises further concerns around DOJ’s weaponization against Dr. Haim for blowing the whistle on [Texas Children’s Hospital]. Your testimony will inform the Committee’s legislative reforms aimed at enhancing civil liberties, protecting minors, combatting conflicts of interest, and preventing and prohibiting the weaponization of DOJ to prosecute individuals for holding disfavored viewpoints.’

A source familiar with the hearing told Fox News Digital that Haim and his attorney, Mark Lytle, are expected to testify alongside Ansari.

Marcella Burke, Haim’s attorney at the time President Donald Trump’s Justice Department dismissed the case, told Fox News Digital in January, ‘The case has been dismissed with prejudice so that the federal government can never again come after him for blowing the whistle on the secret pediatric transgender program at Texas Children’s Hospital.’

During the case, Haim’s lawyers argued that the leaked files contained redacted patient information despite DOJ prosecutors claiming that the records contained the names of children who had been receiving puberty-blocking devices, among other gender transition procedures. 

Haim faced up to 10 years in federal prison and a maximum fine of up to $250,000 if he would have been found guilty in the Biden DOJ-driven indictment. 

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I like words. They’re kind of my thing. But I am man enough to admit that prior to a few years ago I had no idea that the word ‘stochastic,’ as in ‘stochastic terrorism,’ even existed, much less that it was the Democrats’ new magical explanation for political violence in America.

Today, after years of conservatives being accused of inciting violence with their rhetoric, we have a rash of destruction and vandalism of Teslas in protest of Elon Musk’s involvement with President Donald Trump’s administration, so why aren’t we hearing about stochastic terrorism this time around?

The word stochastic first burst on the scene in the English language in the 1660s, but was not much heard until quite recently. Its literal definition is ‘random,’ or ‘involving chance or probability,’ but its new meaning is far more fiery.

Here is how the princess of the far-left Rep. Alexandria Ocasio-Cortez, D-N.Y., who at least until recently, drove a white Tesla, talked about stochastic terrorism just a few days ago:

‘It’s uncomfortable serving with people who engage in what many experts deem stochastic terrorism … I’ve consistently had to ride in 20,000-pound armored vehicles, engaging in some of the most gruesome threats that you can imagine that were incited by Republican [Congress] members.’

So, according to these unnamed experts, who one has a deep suspicion received federal funding to research this nonsense, stochastic terrorism is rhetoric that may fuel hatred and may, as a statistical probability, lead to violence.

It also sounds fancy, so if you are at a cocktail event at the Yale Club you can drop it, along with maybe ‘phenomenological,’ or ‘synecdoche,’ for extra points.

In practice, the censorious American left uses the phrase stochastic terrorism as a way of accusing its detractors of inciting violence, which by no accident is precisely the only form of speech that can be banned under the First Amendment.

So, for example, and I apologize if this sounds insane, when the Libs of TikTok social media account shows videos that teachers made and published of themselves talking about helping kids become trans, it is committing stochastic terrorism, even though, to date, Libs of TikTok has not been associated with an iota of violence.

No, these days, if you’re looking for political violence, you want to head over to your local Tesla dealership. That’s where the action is, stochastic and otherwise.

And yet, the same Democrats who for four years spoke of nothing else but the grave threat of domestic terrorism from the far right, take next-to-no notice of coordinated, violent attacks on Teslas and their owners across the country.

One must now ask, when Rep. Jasmine Crockett, D-Texas, says, ‘All I want to see happen on my birthday is for Elon to be taken down,’ or when former vice presidential candidate and white guy taco connoisseur Tim Walz says, ‘On the iPhone, they’ve got that little stock app. I added Tesla to it to give me a little boost during the day — $225 and dropping,’ all while Teslas burn, is that not stochastic terrorism?

By their own rules and standards, don’t Democrats have an affirmative responsibility to loudly tell their supporters to knock it off with the burning of cars, shootings at dealerships and destruction of charging stations, which were once, by the way, statues of progressive piety?

In all sincerity – or if you prefer guilelessness or rectitude – silly terms like stochastic terrorism should not even exist. Its sole purpose is censorship, and while it does not rise to a level where the government can punish ‘stochastic terrorists,’ at least not yet, the private sector and academia can and do punish such speech.

Democrats like Crockett and Walz, among others, deserve the benefit of the doubt when it comes to whether they approve of the violence directed against Musk and Tesla owners, but what is clear is that they think it is to their advantage, and are not much interested in seeing it stop.

So, I’m sorry, AOC, that you have to ride around in fancy armored vehicles and endure insults, but before you lecture conservatives about stochastic terrorism, maybe open a newspaper and see that it is your team doing the arson this time.

Thankfully, the Trump administration has no time for these pedantic word games. It knows exactly how to handle the domestic terrorists attacking Teslas, which is to say, by putting them in jail.

That is how you fight terrorism, not by inventing ridiculous and complex terms to silence your enemies. 

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