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Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) (‘Red Metal’ or the ‘Company’) is pleased to announce that it is planning a Phase 1 work program and data compilation for its recently acquired, 100% owned, portfolio of highly prospective mineral claims and mineral claim applications, consisting of seven separate claim packages, covering 172 mineral claims and totaling over 4,546 hectares.

These highly prospective claim packages are located to the North, Northeast and the Southwest of Quebec Innovative Materials Corp.’s (‘QIMC’) recent hydrogen-in-soil discovery in the Saint-Bruno-de-Guigues area, of over 1,000 ppm, announced on September 4th 2024, as well as covering similar geology to the west located in the Larder Lake Mining District of Ontario, along the Quebec border near the town of Ville-Marie, QC.

Figure 1. RMES 7 Mineral Claim blocks in Ontario and Quebec in proximity to recent Hydrogen discovery

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4932/241568_1eb61dfe54ac5b01_001full.jpg

These claim blocks are contiguous on three sides to Quebec Innovative Materials Corp. and cover possible extensions in multiple directions. To date, 164 of the 172 claims have been approved by the Quebec Ministry of Natural Resources and Forests and the Ontario Ministry of mines.

Ontario’s Firstbrook Township hosts documented occurrences of copper, lead, cobalt, silver and kimberlite. The area boasts excellent infrastructure, including power and easy road access.

Geologic or white hydrogen offers a clean, renewable and potentially abundant source of energy with a range of environmental and economic benefits. Its carbon-free nature, high energy density and compatibility with existing infrastructure make it a promising solution for meeting future energy needs and achieving global climate goals.

Red Metal Resources President and CEO, Caitlin Jeffs stated,‘We have established a significant and highly prospective claim package covering 172 mineral claims and totaling over 4,546 hectares to the North, Northeast and the Southwest of Quebec Innovative Materials Corp.’s (‘QIMC’) recent hydrogen-in-soil discovery in both Quebec and directly across the border in Ontario. Red Metal is actively planning a Phase 1 work program to encompass its Quebec and Ontario claims and highlight the potential for new discoveries of hydrogen as well as base and precious metals as we continue to advance our Carrizal Copper/Gold property in Cordillera, Chile.’

Red Metal Resources is planning an initial exploration program that could include but not limited to:

  • Gas sampling from the soil and underwater surveys in Timiskaming Lake. These surveys can be used to locate degassing zones associated with faults in the Timiskaming rift.

  • Gravimetry and audiomagnetotellurism (AMT) geophysics to assess variations in the thickness of local sedimentary rock deposits (gravity troughs) over the Archean basement. AMT data will assist in locating graben-related faults in the St-Bruno-de-Guigue area that are covered by quaternary sediments.

  • Regional remote sensing gas surveys to identify specific targets to provide useful remote sensing data for hydrogen and helium exploration.

  • Fieldwork can be carried out with access to properties through main roads and paved highways.

The Company is currently reviewing regional geologic data to assist in the evaluation of potential additional acquisitions in the immediate area as well as the formulation of an initial exploration plan with further details to be provided in due course.

This news release contains information about adjacent properties on which the Company has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on the Company’s properties.

Qualified Person

The technical content of this news release has been reviewed and approved by Caitlin Jeffs, P. Geo, who is a Qualified Person (‘QP’) as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing clean energy and strategic minerals projects. The Company’s portfolio of projects include seven separate mineral claim blocks and mineral claim applications, highly prospective for Hydrogen, covering 172 mineral claims and totaling over 4,546 hectares, located in Ville Marie, Quebec and Larder Lake, Ontario, Canada. As well, the Company has a Chilean copper project, located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile’s coastal Cordillera. Red Metal is quoted on the Canadian Securities Exchange under the symbol RMES, on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF and on the Frankfurt Stock Exchange under the symbol I660.

For more information, visit www.redmetalresources.com

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, President & CEO
1-866-907-5403
invest@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements – All statements in this press release, other than statements of historical fact, are ‘forward-looking information’ within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to the ability to raise adequate financing, receipt of required approvals, as well as those risks and uncertainties identified and reported in Red Metal’s public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal 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. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241568

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Israel’s Hostages and Missing Families Forum said Wednesday that it had received the “heart-shattering news” that Shiri Bibas and her two young children, Ariel and Kfir, are among the four dead hostages expected to be released from Gaza on Thursday.

The body of Oded Lifshitz is also expected to be released on the same day, in what will be the first handover of dead hostages since the ceasefire deal with Hamas went into effect in January.

“This news cuts like a knife through our hearts, the families’ hearts and the hearts of people all over the world,” the forum said in a statement. “It is with great sadness that we received the news of the return of Shiri, Kfir and Ariel Bibas, along with Oded Lifshitz, who were kidnapped alive and will return deceased for eternal rest in Israel.”

But the announcement of the names was overshadowed by the Bibas family’s anger at the Israeli Prime Minister’s Office, which they said had released the names without their approval.

The forum later released a statement at the request of the Bibas family asking the public not to “eulogize our loved ones until there is a confirmation after final identification.”

“This is a serious mistake in the conduct of the IDF liaison officers towards the Bibas family, which resulted from an unfortunate human error,” the source said.

Ahead of tomorrow’s releases, Israel’s Prime Minister Benjamin Netanyahu said that “my own heart is torn,” in a video address posted online Wednesday evening.

“Tomorrow will be a very difficult day for the state of Israel. A wrenching day, a day of grief. We are bringing home four of our beloved hostages, deceased,” he said.

Netanyahu added: “We are grieving, we are in pain, but we are also determined to ensure that such a thing never happens again.”

The Bibas children, Kfir and Ariel, were just nine months and four years old, respectively, when they were kidnapped in October 2023. Their family has become one of the most recognizable victims of the October 7 terror attacks.

Lifshitz was 83 years old when he and his wife Yocheved were kidnapped from their home in kibbutz Nir Oz on October 7, 2023. Yocheved was one of two hostages released by Hamas later that month, while Oded remained in captivity.

The forum said in a statement Wednesday that “along with the heavy sorrow, their return for burial creates certainty for their loved ones and closes the agonizing circle of uncertainty that has lasted for 502 days.”

“There are another 69 abductees being held captive by Hamas, for whom there is still no release date,” the forum said, adding that decision-makers should “expedite” the negotiations.

Lifshitz’s family said in a statement that “these are not easy times for us, after we were informed that our beloved Oded is on the list of the hostages who will return to Israel tomorrow, after being kidnapped alive from his home in Kibbutz Nir Oz.”

“For 502 days we hoped and prayed for a different ending, but until we receive absolute certainty, our journey will not end, and even after that we will continue to fight until the last hostage is returned,” the statement added.

This post appeared first on cnn.com

The first time Brazilian biologist Fernanda Abra saw a Groves’ titi monkey, one of the most 25 endangered primates in the world, it was positioned right next to a road.

“It was totally exposed to road mortality,” recalls Abra.

Although figures vary wildly, by some estimates, 475 million vertebrate animals are killed by vehicles every year in the South American country, which is home to the world’s fourth biggest road network, and the Amazon rainforest.

It’s a problem that Abra, who is a postdoctoral fellow at the Smithsonian’s Center for Conservation and Sustainability, Conservation Biology Institute, has been trying to solve by building bridges at the canopy level, so tree-dwelling species can safely traverse roadways.

Working with local partners including the indigenous Waimiri-Atroari people, who hold important knowledge about the wildlife in their territory in the Brazilian states of Amazonas and Roraima, Abra’s Reconecta Project has built more than 30 canopy crossings on the BR-174, a 3,300-kilometer (2,000-mile) highway slicing through the Amazon. In 2024, she was among the winners of the Whitley Fund for Nature Award, which celebrates grassroots conservationists, for her efforts.

Abra hopes the structures can help turn things around for some of Brazil’s vulnerable and endangered species, like the Groves’ titi, the Schneider’s marmoset, and the Guiana Spider Monkey.

Each bridge is fitted with cameras to monitor the animals using it, and those that approach it but turn away, so the structure can be redesigned to convince critters to cross.

“Every time I see the video of the monkey using my canopy bridge, it’s wonderful because we are avoiding the situation of road mortality,” says Abra.

Reconnecting fragments of forest that have been cut apart by human-built infrastructure can have other benefits, like giving animals access to more food resources and potential mates.

“Connecting the population, we can make it stronger and allow it to grow,” says Abra.

That could be crucial as Brazil builds more roads. In 2023, Brazil’s president Luiz Inácio Lula da Silva announced plans to spend almost $200 billion on infrastructure, including new highways.

Similar approaches are being put into use across the world. In California, an overpass is under construction above the 10-lane 101 Freeway, that will provide safe passage for animals like mountain lions, coyotes and bobcats.

Abra also has plans for growth. The Reconecta Project is now expanding in Alta Floresta, a city in the west-central state of Mato Grosso, where she’s engaging officials from various government departments and representatives from non-profits and universities, she says. The canopy bridges will be supplemented with measures like speed bumps to slow down traffic and wildlife crossing signs to alert motorists.

She hopes to eventually expand to other areas in Brazil. “What amazes me about Brazil is the richness that we have, the wonderful biodiversity we have here,” says Abra, “and I will do everything that I can as a person, as a professional, as a conservationist and researcher to protect this rich biodiversity.”

This post appeared first on cnn.com

US President Donald Trump’s push to end the war in Ukraine appears poised to hand key concessions to Russia, leaving Kyiv and its European supporters on the sidelines as they face the prospect of a peace deal made over their heads.

But they aren’t the only major players grappling with the fallout of Trump’s pivot to Russia that has upended years of US foreign policy in a burst of rapid-fire diplomacy.

In Beijing, too, the breakneck turn of events is seen to be raising questions about how the US peace drive will impact Chinese leader Xi Jinping’s carefully wrought partnership with Russian President Vladimir Putin – and China’s precarious relations with the Trump administration.

Just weeks ago, China appeared set for a key role in Trump’s Ukraine peace efforts. The US leader had repeatedly suggested he could work with Xi, using China’s economic sway over Russia to help end the conflict – important leverage for Beijing as it aims to avert a trade war with the world’s largest economy.

That would have aligned with Beijing’s longstanding efforts to present itself as a neutral party and voice of the Global South that is ready to broker peace in the grinding conflict – even as NATO accused it of supplying Moscow’s defense industry with dual-use goods. China defends its “normal trade.”

Now, Beijing finds itself neither involved in the negotiations as a Russian ally nor a voice of global gravitas – so far, at least, left on the outside of the swift developments that observers say have surprised Chinese officials – and sent them scrambling to find an upside.

A ‘reverse Nixon’?

The stakes are high for Xi, who for years has assiduously cultivated both a personal bond with his “old friend” Putin and his country’s relations with Russia – seeing his northern neighbor as a pivotal partner in a larger power struggle with the West.

The Chinese leader took a calculated risk as Russian tanks rolled over the Ukrainian border three years ago. His choice not to condemn that invasion and have his country serve as Putin’s lifeline – lapping up Russian oil and supplying Moscow with key goods – lost Beijing the trust of Europe and galvanized American allies in Asia to work more closely with NATO.

Chinese officials in recent days have voiced approval of the “agreement” between the US and Russia to start peace talks.

“China supports all efforts conducive to peace talks,” top diplomat Wang Yi said at a meeting of the United Nations Security Council Tuesday, the same day top Russian and US officials met in Saudi Arabia to lay the groundwork for negotiations on ending the fighting in Ukraine.

But comments from American officials in recent days are likely to have drawn attention from Beijing to potential underlying US objectives as it works with Russia.

Top US diplomat Marco Rubio named the possibility for future “geopolitical and economic cooperation” between Washington and Moscow as among four key points discussed in Riyadh.

Days earlier, the Trump administration’s Russia-Ukraine envoy Keith Kellogg told a panel discussion in Munich that the US hoped “to force” Putin into actions he was “uncomfortable with,” which could include disrupting Russia’s alliances with Iran, North Korea – and China.

Observers are skeptical that Washington could shatter the Russia-China relationship, given their deep alignment against the US-led order and Moscow’s entrenched economic dependence on Beijing.

But any worries that may be playing out in China about whether Trump – a leader who’s repeatedly professed his admiration for both Putin and Xi – could unwind their bond is likely underscored by the echoes of past mistrust between the neighbors.

Bitter territorial disputes along their lengthy shared border erupted in conflict between Soviet Russia and a young People’s Republic of China in 1969 and were only largely resolved in the 1990s.

Then there’s the diplomatic coup engineered by President Richard Nixon and his adviser Henry Kissinger, who exploited a split between the Communist-ruled neighbors to establish relations with Beijing and swing the Cold War balance of power in the US’ favor.

Though that history is unlikely to be repeated, observers say even a hint of a new shift in allegiances is a boon for Washington’s goals.

“Even if it’s just 30% of a ‘reverse Nixon’ … that’s going to sow the seeds of doubt,” said Yun Sun, director of the China Program at the Stimson Center think tank in Washington.

“That’s going to make Xi Jinping question the strategic alignment that (he spent) the past 12 years to build with Russia – ‘maybe it’s not that dependable, maybe it’s not so solid.’”

If a day comes that China decides to invade Taiwan then, “the Chinese will have to look at their back and wonder – what is Russia going to do?” she added, referring to the self-ruling democratic island Beijing claims. “And for the United States, that’s deterrence.”

A place at the table?

But others say Beijing may have greater confidence in its ties with Moscow.

“Chinese and Russian relations are in a league of their own, they have a strong basis and strong institutional connections in the past decades,” said Yu Bin, a senior fellow at the Russian Studies Center of the East China Normal University in Shanghai.

Yu pointed to the two countries’ efforts to push for multilateralism and build out their own international organizations like BRICS and the Shanghai Cooperation Organization, as well as the need to maintain their own border stability. “I don’t think either side would let that go because Trump is there for four years,” he said.

Instead, China is worried “that once Russia and the US patch up their differences and achieve some degree of peace in Ukraine, that would free the Trump administration to turn its focus to China,” Yu said.

US Secretary of Defense Pete Hegseth signaled as much last week, when he told European counterparts the US can’t focus primarily on security on their continent when it must prioritize “deterring war with China.”

Had Trump been unable to engage Putin directly, Beijing may have tried to ease some frictions with the US by working with Washington on bringing the Russian leader to the table – but now it’s unclear whether China will take any role in future Ukraine peace negotiations.

However, observers say that if an accord is reached, Beijing could send peacekeeping forces to Ukraine via the United Nations and would be keen to play a role in the country’s reconstruction.

For now, Chinese officials have used a flurry of diplomacy in recent days to try and win back love lost with Europe – calling in public statements for “all relevant parties and stakeholders involved in the Ukraine crisis” to “engage in the peace talks process,” in a nod to Europe’s right to a seat at the table.

At the same time, they’ve also looked to play up their potential to take a role, while implying that Trump’s apparent turn to Putin proves Beijing’s stance was correct all along.

Meanwhile, Ukraine, has raised the prospect that it could try and recruit China as its own ally.

Ukrainian President Volodymyr Zelensky, who has received little attention from Beijing since the start of the war, suggested as much following a Saturday meeting between top Chinese diplomat Wang and Ukrainian officials in Germany.

“It is important for us to engage China to help put pressure on Putin to end the war. We are seeing, I think, for the first time, China’s interest,” Zelensky told a news conference Tuesday. “This is mostly due to the fact that all the processes are now accelerating.”

As to who should be at the negotiating table, the Ukrainian leader added it should be countries “ready to take responsibility for guaranteeing security, providing assistance, stopping Putin, and investing in Ukraine’s recovery.”

This post appeared first on cnn.com

Hamas on Thursday handed over the bodies of four Israeli hostages held in Gaza — the first time the group has released deceased captives since October 7, 2023.

They include the bodies of Shiri Bibas, who was aged 32 when she and her sons Ariel, 4, and Kfir, 9 months, were abducted from their home in Kibbutz Nir Oz, southern Israel by Hamas-led militants more than 16 months ago.

The two boys have become the most recognizable victims of the October 7 terror attacks, and the first return of hostage bodies marks a hugely emotional and somber moment for Israel.

The fourth body is that of Oded Lifshitz, who was 83 years old when he and his wife, Yocheved Lifshitz, were kidnapped from Kibbutz Nir Oz. Yocheved was released by Hamas on October 24, 2023.

Ahead of the handover, Hamas militants placed four black caskets on a stage in Khan Younis, behind which was a propaganda backdrop with slogans in Arabic, Hebrew and English.

A representative of the Red Cross was seen signing documents on the stage, before the caskets were carried into waiting Red Cross vehicles. White screens were set up to block the caskets from view as they were placed in the vehicles, with hundreds of militants and bystanders gathered at the site.

Hamas claimed in November 2023 that the Bibas children and their mother were killed in an Israeli airstrike, but did not produce any evidence. Israel has never confirmed their deaths.

The children’s father, Yarden Bibas, was released by Hamas earlier this month after 484 days of captivity. He was one of the 19 Israeli hostages freed alive under the January 2025 ceasefire deal.

The bodies will be taken to the Abu Kabir Institute of Forensic Medicine in Tel Aviv for forensic examination.

The Israeli military had previously retrieved the bodies of multiple hostages in Gaza.

This is a developing story. More to come …

This post appeared first on cnn.com

South Korea’s impeached President Yoon Suk Yeol appeared in a Seoul court on Thursday for his first trial hearing on charges of insurrection in the country’s first criminal prosecution of an incumbent leader.

Last month prosecutors indicted Yoon after accusing him of leading an insurrection with his short-lived imposition of martial law on December 3.

A justice ministry motorcade took Yoon from the Seoul Detention Center, where he is being held, to the court, outside which were parked lines of police buses to ensure security.

Prosecutors called for swift proceedings considering the gravity of the case, but Yoon’s lawyers said they needed more time to review records.

Yoon had “no intention to paralyse the country,” one of his lawyers told the court, adding that his martial law declaration aimed to tell the public of the “legislative dictatorship of the huge opposition party.”

If convicted, Yoon could face years in prison for his martial law decree, which shocked the country and sought to ban political and parliamentary activity and control the media.

The move unleashed political upheaval in Asia’s fourth-largest economy and a top US ally, with the prime minister also impeached and suspended from power, while top military officials were indicted for their part in the matter.

The court also heard a bid by Yoon’s lawyers to cancel his detention, saying the matter had been investigated in an illegal manner, and that there was no risk of Yoon trying to destroy evidence.

It was unclear when the court would rule on the detention, but a judge set the next hearing of the criminal case for March 24.

After the criminal case, Yoon also attended on Thursday afternoon a parallel impeachment trial by the Constitutional Court that has entered its final phase.

Witnesses testifying to the court included Prime Minister Han Duck-soo, who has also been impeached and awaits the court’s decision on his fate.

“I am deeply burdened by the despair that each and every one of our people felt due to such extreme politics that took place before, during and after emergency martial law,” Han said.

“All procedures dealing with the emergency martial law must be carried out fairly and reasonably … so that there is no further spark of national division.”

The Constitutional Court is reviewing parliament’s impeachment of Yoon on December 14 and will decide whether to remove him from office permanently or reinstate him.

Yoon and his lawyers have argued that he never intended to fully impose martial law but had only meant the measures as a warning to break a political deadlock.

If Yoon is removed, a new presidential election must be held within 60 days.

This post appeared first on cnn.com

Bitcoin attracts bold predictions. Recent forecasts show that this top cryptocurrency may soon hit Bitcoin Reach $200000. Many trusted sources, including Yahoo Finance, CoinDesk, Bloomberg, and CNBC, have reported this forecast. This public news reflects rising optimism among market experts amid changing economic conditions.

Market Sentiment and Economic Drivers

Many analysts believe that economic uncertainty and rising prices create a strong chance for Bitcoin to serve as a safe asset. Investors now see Bitcoin as a reliable store of value. They shift funds to cryptocurrencies when they lose trust in traditional assets. In addition, new regulations in key markets push both large and small investors to spread their money across various assets.

Technical Analysis and Price Trends

Technical data supports a potential price surge. Long-term charts show an upward trend, while short-term drops offer good buying points. Trading volumes and network activity grow each day. Experts point to a limited supply and high demand as key reasons that Bitcoin Reach $200000 upto.

Investor Implications and Risk Management

Investors must stay alert in this volatile market. They should manage risk by diversifying their portfolios. Many experts advise reviewing holdings and allocating funds wisely. They also recommend keeping up with the latest market news and technical signals to guide decisions.

Conclusion

This forecast that Bitcoin may reach $200,000 comes from strong market sentiment, positive technical trends, and a unique economic climate. However, investors face a volatile market that demands caution. Experts urge both individual and institutional investors to monitor these trends closely and prepare for various market moves.

While reaching $200,000 is not guaranteed, this forecast offers valuable insight into the ever-changing crypto market. It shows that the market can shift quickly and that informed decisions are key. Investors should act wisely and stay updated on news and trends. By doing so, they can protect their investments and uncover new opportunities in the fast-paced world of cryptocurrencies.

The post Could Bitcoin Reach $200000? Market & Expert Insights appeared first on FinanceBrokerage.

It was another mildly bullish week as our major indices climbed very close to new, fresh all-time highs. We also saw a return to growth stocks as we approached breakout levels, which is a good signal as far as rally sustainability goes. Despite this, there remain reasons to be cautious and I’ll point out a couple of those reasons below.

Negative Divergences

The S&P 500 ($SPX) and NASDAQ 100 ($NDX) both seem to be losing bullish price momentum on their respective weekly charts, which can be seen below:

$SPX

$NDX

The price momentum on both indices is slowing and eerily similar to late 2021, just before the cyclical bear market of 2022. Let me be clear that I do NOT believe we’re heading into a cyclical bear market. I don’t see that extent of potential weakness ahead. I do see increased risks of a 5-10% drop, however, and that’s why I’m cautious.

Is This Current Rally Truly Sustainable?

Sometimes a little common sense and perspective goes a very long way. Over the last 75 years, the S&P 500 has averaged gaining 9% per year. So when you go through short-term periods that show gains well in excess of that 9% average, you should at least be thinking there’s the risk that the S&P 500 will fall back and “reversion to the mean”, which is a mathematical concept that describes the tendency of extreme results to move closer to the average. We’ve seen a tremendous rally since the summer correction of 2023. Let’s look at the last 68 weeks (since the correction low in late-October 2023) of return on both the S&P 500 and NASDAQ 100 and compare it to the history of 68-week rates of change (ROC) to gain a sense of this current rally and its sustainability:

$SPX

$NDX

You can look at these two charts and make your own judgement and draw your own conclusions, but, outside of the late-1990s, 68-week ROCs above 50% on the S&P 500 and 60% on the NASDAQ 100 suggest a short-term pullback is more likely, not guaranteed.

Now The Good News

While bullish price action and momentum may seem to be slowing, the long-term monthly PPO on both of these indices is definitely on the rise, which, in my view, limits any short-term downside to the 20-month EMA. I’ll just show the S&P 500 monthly chart, but this will highlight the likelihood that any future selling, if it occurs (no guarantee), holds 20-month EMA support:

$SPX

This chart takes us back 25 years to the turn of the century. The yellow areas highlight poor (below zero) or declining PPOs. During these periods, I’d ignore 20-month EMA support and be cautious. However, the blank periods highlight a rising monthly PPO, during which we rarely see price fall below the rising 20-month EMA. This is where we currently stand. Most pullbacks over the last 25 years, when the monthly PPO is above zero and rising, have fallen short of actual 20-month EMA tests. In other words, we should view a 20-month EMA test as a “worst case” scenario.

The next market decline should be viewed as an OUTSTANDING opportunity to enter this secular bull market.

Stick With Strength

Since we began rolling out our Portfolios quarterly, we’ve had to overcome cyclical bear markets in Q4 2018 (trade war), March 2020 (pandemic), and the first 9-10 months of 2022 (rising inflation and rising interest rates), and a 3-month correction during the summer of 2023. We’ve remained fully invested and have CRUSHED the S&P 500. In fact, below is a graph that highlights our Model Portfolio performance since its inception in November 2018 (in the middle of the trade war!) through the end of January 2025:

We’ve demonstrated the best way to beat the S&P 500, which is to invest in leading relative strength stocks. It’s the only proven method that’s worked for us at EarningsBeats.com. We “draft” our 10 favorite relative strength stocks in various sectors and industry groups and hold them for one entire earnings cycle, then rinse and repeat. Our last quarter’s “draft” picks have annihilated the S&P 500, +15.15% vs. 3.34%.

You can check out our Model Portfolio holdings for the last 3 months below:

8 of our 10 Model Portfolio stocks outperformed the S&P 500, a few by a very wide margin. Owning relative strength stocks like PLTR, CLS, and TPR will completely carry a portfolio and lead to outstanding returns.

Our “quarterly” results are calculated over the following periods:

  • February 19 – May 19
  • May 19 – August 19
  • August 19 – November 19
  • November 19 – February 19

The reason we calculate our quarterly returns using the above time periods is that we select our stocks each quarter on February 19, May 19, August 19, and November 19. By the time we reach these dates, most key market-moving companies have reported their quarterly results and fundamental data like earnings is factored into our portfolio selections just as much as technical considerations. That fundamental/technical combination is one factor that separates us from others and we do this because my background is public accounting. I don’t stray far from my core beliefs. I believe management’s execution of their business strategies/plan and beating revenue and EPS estimates is a huge component of its stock’s upside potential.

On Monday, February 17th, we’re holding our next DRAFT. We will be announcing the 10-equal weighted stocks in each of our portfolios designed to beat the S&P 500 over the next 3-month period. You’re quite welcome to join us. It might change your way of investing and improve your results immediately. CLICK HERE for more information and to register!

Happy trading!

Tom

Elon Musk has signaled interest in auditing US gold reserves stored at Fort Knox, a Kentucky-based army installation, suggesting the Department of Government Efficiency (DOGE) take on the task.

Musk, known for his frequent social media interactions, replied on Saturday (February 15) when an X user said it would be ‘great’ to have Musk make sure Fort Knox’s 4,580 metric tons of gold are really there.

‘Surely it’s reviewed at least every year?’ questioned Musk.

His comment prompted a response from Senator Rand Paul (R-Ky.), who has advocated for increased transparency regarding the gold at Fort Knox for years. He signaled support for an audit with his reply, “Nope. Let’s do it.’

Speaking on ‘Fox & Friends,’ Paul said he has been trying to visit Fort Knox to verify its gold reserves for a decade. He added that he was initially granted permission during the first Trump administration, but the visit never took place.

Paul emphasized to the news outlet that verifying the existence of the site’s gold reserves is critical.

‘I think some of them may not think it needs to be audited all the time, but I think the more sunlight, the better, more transparency, the better. And also, it brings attention to the fact that gold still has value and implicitly, not explicitly, but implicitly, gold still gives value to the dollar,’ Paul said during the interview, highlighting gold’s role in global finance.

Senator Mike Lee (R-Utah) has weighed in as well, claiming he too has been denied access to Fort Knox.

Musk added in a further X post:

“Who is confirming that gold wasn’t stolen from Fort Knox? Maybe it’s there, maybe it’s not. That gold is owned by the American public! We want to know if it’s still there.’

The tech billionaire also drew further attention to the debate by posting a meme.

The last-known full audit of Fort Knox’s gold reserves occurred in 1953.

A partial review took place in 1974 when treasury officials and journalists were allowed to inspect a small portion of the gold. Since then, the facility has maintained strict no-visitor policies, with limited oversight of its holdings.

The US has the largest gold reserves in the world, with over 8,100 metric tons, according to the World Gold Council.

Fort Knox alone houses approximately 147 million troy ounces of gold, currently worth about US$426.3 billion.

While the US Department of the Treasury maintains that the gold remains intact, the absence of recent independent audits has led to speculation. The issue gained renewed attention after Australia discovered counterfeit gold in the Bank of England’s reserves, raising concerns about the authenticity of stored bullion worldwide.

Some financial analysts argue that a lack of transparency at Fort Knox could erode confidence in US gold reserves, particularly at a time when central banks worldwide are increasing their gold holdings.

As mentioned, Musk has indicated that DOGE could be tasked with conducting the audit.

The recently formed department has been involved in reviewing various government agencies, including the US Agency for International Development and the Consumer Financial Protection Bureau.

Musk has not provided specific details on how DOGE would carry out the audit, or whether government approval would be required. However, his involvement has generated significant public interest, with some speculating that private sector oversight could push for more transparency in government gold reserves.

The discussion over Fort Knox’s gold reserves comes as the gold price continues to rise.

Goldman Sachs (NYSE:GS) has boosted its year-end gold price forecast to US$3,100 per ounce, and worries over inflation and economic instability have increased demand for the metal.

At the same time, the debate has drawn comparisons to Bitcoin, with some arguing that digital assets provide a more transparent alternative to traditional gold reserves.

Musk’s comments have fueled speculation over whether missing or mismanaged gold reserves could drive further interest in cryptocurrency as a store of value.

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

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Tuttle Capital Management has submitted regulatory filings for an exchange-traded fund (ETF) that seeks to invest in companies potentially involved in advanced technologies linked to unidentified flying objects (UFOs).

The proposed fund, called the Tuttle Capital UFO Disclosure AI Powered ETF (UFOD), will allocate the majority of its assets to aerospace and defense firms believed to have exposure to classified research and development projects.

According to documentation sent to the US Securities and Exchange Commission (SEC), UFOD is designed to track companies engaged in research that may involve technology beyond conventional scientific advances.

The fund will also take short positions against firms that could be negatively impacted by potential breakthroughs in these technologies. Overall, the ETF’s investment strategy will depend on government disclosures regarding UFO-related research and alleged technological developments.

Tuttle Capital’s CEO, Matthew Tuttle, has stated that the fund’s strategy is based on speculation about the existence and possible reverse engineering of advanced aerospace technologies.

“I’m a trader. I look at (UFOs) and I say that they’re using a power source that is light years beyond anything that we have … If our government has this technology and it’s released, that will be a game-changer,” he told the Financial Times.

The firm’s SEC filing notes that government confirmation of such technologies remains uncertain, and that market sentiment around these themes is highly speculative.

UFOD is part of a broader lineup of artificial intelligence (AI) ETFs that Tuttle Capital is developing. In addition to UFOD, the firm has filed for seven other ETFs, including those focused on AI in healthcare, quantum computing and global innovation.

Each fund will integrate AI-driven selection models to determine portfolio composition and adjust allocations.

The filing states that all eight ETFs, including UFOD, will be listed on the Cboe BZX Exchange.

Specific launch dates and expense ratios have not been disclosed at this time. The regulatory approval process and market conditions will determine the timing of their introduction.

The SEC’s review process will assess whether the proposed ETFs meet regulatory standards. The agency itself has recently seen increased filings for ETFs incorporating AI into investment decisions.

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

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