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President Donald Trump on Monday once again reiterated that Iran must abandon any hope of obtaining a nuclear weapon as the U.S. prepares for more talks in less than a week.

‘Iran has to get rid of the concept of a nuclear weapon. They cannot have a nuclear weapon,’ Trump told reporters from the Oval Office while sitting alongside the president of El Salvador. 

‘Iran wants to deal with us, but they don’t know how. They really don’t know how,’ Trump continued. 

The president confirmed the U.S. will hold more talks with Iran next Saturday in Italy, one week after the first talks began in Oman. 

Details of the discussion remain nil, though they were seen as a launching point as Washington tries to negotiate with Tehran to end its nuclear program. 

Iranian state media reported that Middle East envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi ‘briefly spoke’ together during the two-hour meeting, which suggests Tehran viewed the discussions positively given their initial refusal to hold ‘direct’ talks.

The White House similarly described the talks as ‘very positive and constructive,’ though it also conceded that ‘very complicated’ issues remain unresolved. 

Trump has said negotiations with Iran need to happen ‘very quickly’ but he has not provided a specific timeline on how long he will allow the diplomatic process to be carried out before he turns to military options.

The president has repeatedly threatened to ‘bomb’ Iran should it not stop its ambitions to develop a nuclear weapon. 

But the extent that the U.S. intends to shut down Tehran’s nuclear program also remains unclear as some call for complete disarmament as Iran also continues to advance its missile programs. 

‘I’ll solve that problem. It’s almost an easy one,’ Trump told reporters while comparing the end of Iran’s decades-long ambitions to develop a nuclear weapon to the challenge of ending Russia’s war in Ukraine.

‘I think Iran could be a great country as long as it doesn’t have nuclear weapons,’ Trump said. ‘If they have nuclear weapons, they’ll never get a chance to be a great country.’


This post appeared first on FOX NEWS

The market has been overvalued for some time but how overvalued is it? Today Carl brings his earnings chart to demonstrate how overvalued the market is right now. We have the final data for Q4 2024.

The market continues to show high volatility but it did calm down somewhat Monday. Carl reviews the market charts you need to see going into this week. He covered not only the market in general, but also covered Bitcoin, Yields, Bonds, Dollar, Gold, Crude Oil and more.

After his market overview, Carl walked us through both the daily and weekly charts of the Magnificent Seven to determine if there is any strength visible. Clue: Not much.

After his review of the Mag 7, Carl discussed Altria (MO) and his strategy to buy high dividend stocks like this one after the market finishes declining from this bear market or beyond. He’s looking for a 50% drawdown eventually.

Erin then took over to talk about sector rotation. Defensive groups are leading as we would expect with Technology trying to stage a comeback. Erin dives into these sectors under the hood to determine participation readings and the ability of them to continue to rally.

Next up Carl brought out his earnings chart to discuss how overvalued the market currently is. He shows his estimates for future movement and discusses where we are right now.

The pair finished the program with a look at viewers’ symbol requests.


00:58 DP Scoreboards

03:33 Market Overview

15:26 Magnificent Seven

20:56 Dividend Discussion

23:34 Sector Rotation

33:29 Earnings Chart

36:41 Questions

40:13 Symbol Requests






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Ni-Co Energy is a Canadian mineral exploration company advancing the discovery and development of critical metals—particularly nickel, copper, and cobalt. Headquartered in Gatineau, Quebec, the company is focused on the underexplored yet highly prospective Grenville geological province, known for its potential to host mineral-rich systems.

Through its 100 percent-owned project in Quebec, Ni-Co Energy offers investors direct exposure to high-demand critical minerals. The project benefits from strong early-stage drill results, excellent infrastructure access, and a clear path to discovery in a geopolitically stable, mining-friendly jurisdiction.

Ni-Co Energy

The 100 percent-owned Kremer Project is Ni-Co Energy’s flagship exploration asset and a clear reflection of the company’s strategy to unlock critical mineral resources in geologically prospective yet underexplored regions. Located just 90 kilometers from downtown Montreal and 15 kilometers northwest of Saint-Côme, the Kremer property benefits from exceptional accessibility and established infrastructure—key advantages that enhance its potential as a high-impact, early-stage exploration project.

Company Highlights

  • Ni-Co Energy targets high-demand metals essential to the energy transition: nickel, copper and cobalt, with applications in EV batteries, energy storage and electrification infrastructure.
  • The flagship Kremer project is a 100 owned, 15,375-hectare property located 90 km to the north from downtown Montreal (but 15 km away from the nearest town) in the highly prospective Grenville Geological Province in Quebec.
  • Airborne and ground EM surveys revealed an 8-kilometer-long EM conductor corridor, with overlapping gravity and MAG anomalies, and multiple surface showings.
  • The project is road-accessible year-round via Route 347 and forestry roads, with power lines nearby and proximity to regional mining services.
  • A two-phase, C$2 million exploration program planned for 2025, including an 8000-meter drilling campaign along with borehole TDEM focused on high-priority geophysical and geochemical targets.

This Ni-Co Energy profile is part of a paid investor education campaign.*

Click here to connect with Ni-Co Energy to receive an Investor Presentation

This post appeared first on investingnews.com

Blue Lagoon Resources (CSE:BLLG, OTCQB:BLAGF,FSE:7BL) is poised to become British Columbia’s next high-grade underground gold producer. The company’s 100 percent-owned Dome Mountain Gold Mine has reached a major milestone with the receipt of a full BC mining permit—paving the way for near-term production.

With production on the horizon, early cash flow will be reinvested to grow the existing high-grade resource and advance exploration across the company’s expansive land package. This strategy positions Blue Lagoon as a low-risk, high-upside opportunity in a strengthening gold price environment.

Backed by strong insider ownership, low capital intensity, and a clear path to production, Blue Lagoon is successfully transitioning from a junior explorer to a gold producer.

Blue Lagoon Resources

The Dome Mountain Gold Project is the company’s flagship asset and sole focus—a rare, near-production opportunity in one of Canada’s top mining jurisdictions. Located just 50 minutes from the mining-friendly town of Smithers, BC, the project covers nearly 21,000 hectares in a prolific gold belt with excellent infrastructure, road access, and power.

Dome Mountain has a storied history, with over $80 million in historic investment by major players like Noranda and Timmins, as well as over $30 million invested by Blue Lagoon since 2019.

Company Highlights

  • One of only seven precious metal projects permitted in British Columbia over the last decade. Dome Mountain is set to restart in Q3 2025 with all major permits in hand.
  • First gold sales expected in Q3 2025; initial production of 15,000 oz gold/year from 55,000 tons of underground mineralized material.
  • Toll milling agreement in place with Nicola Mining; pre-production capex limited to the completion of a water treatment plant.
  • Property spans nearly 22,000 hectares with 15 known high-grade veins, but only 10 percent has been explored.
  • Strong alignment with shareholder value, Blue Lagoon’s strategy is to minimize dilution by funding exploration through mine cash flow.
  • Strong working relationship with Lake Babine Nation and full community support.

This Blue Lagoon Resources profile is part of a paid investor education campaign.*

Click here to connect with Blue Lagoon Resources (CSE:BLLG) to receive an Investor Presentation

This post appeared first on investingnews.com

While a court ordered the U.S. government to pursue ‘steps to facilitate the return’ of a Salvadoran man removed from the U.S. last month, the Justice Department asserted that federal courts do not have the authority to dictate to the executive branch how to handle foreign relations and that the order only requires removal of ‘domestic obstacles’ that would hinder the man’s ability to return to the U.S.

The legal wranglings concern Kilmar Armando Abrego Garcia, who had been living in Maryland, but was removed from the U.S. last month.

‘Defendants understand ‘facilitate’ to mean what that term has long meant in the immigration context, namely actions allowing an alien to enter the United States. Taking ‘all available steps to facilitate’ the return of Abrego Garcia is thus best read as taking all available steps to remove any domestic obstacles that would otherwise impede the alien’s ability to return here,’ a DOJ court filing declared.

‘On the flipside, reading ‘facilitate’ as requiring something more than domestic measures would not only flout the Supreme Court’s order, but also violate the separation of powers. The federal courts have no authority to direct the Executive Branch to conduct foreign relations in a particular way, or engage with a foreign sovereign in a given manner.’

Abrego Garcia has been accused of being an MS-13 gang member, but his legal challenge has denied that allegation.

‘On March 15, although ICE was aware of his protection from removal to El Salvador, Abrego Garcia was removed to El Salvador because of an administrative error,’ according to a DOJ court filing.

Evan Katz, who identified himself as ‘Assistant Director for the Removal Division, within the Department of Homeland Security, U.S. Immigration and Customs Enforcement (ICE) Enforcement and Removal Operations (ERO),’ addressed the issue in a court filing.

‘Although Abrego-Garcia has an order of removal issued by an immigration judge, I understand that he should not have been removed to El Salvador because the immigration judge had also granted Abrego-Garcia withholding of removal to El Salvador. However, I also understand that Abrego Garcia is no longer eligible for withholding of removal because of his membership in MS-13 which is now a designated foreign terrorist organization,’ Katz declared. 

Trump admin concedes ‘administrative error’ was made in deportation of Maryland man

After the U.S. District Court for the District of Maryland ordered the U.S. ‘to facilitate and effectuate’ Abrego Garcia’s return to the U.S., the Supreme Court called for the lower court to clarify the instruction.

‘The order properly requires the Government to ‘facilitate’ Abrego Garcia’s release from custody in El Salvador and to ensure that his case is handled as it would have been had he not been improperly sent to El Salvador. The intended scope of the term ‘effectuate’ in the District Court’s order is, however, unclear, and may exceed the District Court’s authority. The District Court should clarify its directive, with due regard for the deference owed to the Executive Branch in the conduct of foreign affairs,’ the Supreme Court noted.

The lower court then called for defendants to ‘take all available steps to facilitate the return of Abrego Garcia to the United States as soon as possible.’

Trump to meet with El Salvador president after deporting 10 more alleged gang members

Abrego Garcia, whose wife is a U.S. citizen, is being held in El Salvador’s Terrorism Confinement Center.

‘It is my understanding based on official reporting from our Embassy in San Salvador that Abrego Garcia is currently being held in the Terrorism Confinement Center in El Salvador. He is alive and secure in that facility. He is detained pursuant to the sovereign, domestic authority of El Salvador,’ Michael Kozak, senior bureau official in the bureau of Western Hemisphere Affairs of the State Department, noted in a filing.

Salvadoran President Nayib Bukele is visiting President Donald Trump at the White House on Monday.


This post appeared first on FOX NEWS

Poland’s foreign minister on Monday urged President Donald Trump to take steps to counter Russian President Vladimir Putin’s continued war in Ukraine following another deadly strike that killed 34, including two children, on Palm Sunday.

‘I just want to say how appalled I am by the latest spate of Russian attacks on Ukraine,’ Foreign Minister Radoslaw Sikorski told reporters ahead of the European Union’s foreign ministers meeting in Luxembourg.

‘Ukraine unconditionally agreed to a ceasefire over a month ago,’ Sikorski said. ‘The heinous attacks on Kryvyi Rih and Sumy are Russia’s mocking answer.’

Russia fired two ballistic missiles into Sumy’s city center Sunday, claiming it targeted a meeting of top Ukrainian military officials. The northeastern city lies about 30 miles from the Russian border. Moscow said 60 troops were killed but provided no evidence, and it remains unclear if any officials were among the 30 dead and 119 injured.

The attack came just over a week after Russia struck Ukrainian President Volodymyr Zelenskyy’s hometown of Kryvyi Rih, in what was the deadliest strike against children since the war began in an attack near a playground that killed 19 people, including nine children.

‘I hope that President Trump and his administration see that the leader of Russia is mocking their goodwill and I hope the right decisions are taken,’ Sikorski told reporters Monday. 

The attacks were met with a swift international rebuke from European leaders, with Germany’s chancellor-designate, Friedrich Merz, calling it a ‘serious war crime.’

Leaders from Lithuania made similar claims and summoned a Russian diplomat over the incident on Monday.

France’s foreign minister ahead of the top international talks called for tougher sanctions on Russia to ‘suffocate’ its economy and stop its war effort. 

Trump similarly condemned the attacks as ‘terrible’ but said he ‘was told they made a mistake.’ 

‘But I think it’s a horrible thing,’ he added.

Russian forces over the last month have dropped 2,800 air bombs on Ukraine, fired more than 1,400 drones – including 62 Shahed drones Sunday night – and levied some 60 other missiles of various types, according to The Associated Press. 


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El Salvadoran President Nayib Bukele told President Donald Trump in the Oval Office on Monday that he has 350 million Americans to ‘liberate’ by ending crime and terrorism in the United States. 

‘We know that you have a crime problem and a terrorism problem that you need help with. And we’re a small country, but we can help,’ Bukele said. ‘We actually turned the murder capital of the world — that was [what] the journalists called it – the murder capital of the world to the safest country in the Western Hemisphere.’ 

‘And I like to say that we actually liberated millions,’ Bukele said, with the line drawing praise from Trump. 

‘Mr. President, you have 350 million people to liberate,’ Bukele told Trump. ‘You cannot just, you know, free the criminals and think crime is going to go down magically, you have to imprison them so you can liberate 350 million Americans that are asking for the end of crime and the end of terrorism, and it can be done.’ 

Trump also referenced how the left has pushed for biological men to compete in women’s sports. 

‘Do you allow your men in women’s sports? Do you allow men to box women?’ Trump asked Bukele. 

The president of El Salvador remarked, ‘That’s violence.’ 

This is a developing story. Check back for updates.


This post appeared first on FOX NEWS

Here’s a quick recap of the crypto landscape for Friday (April 11) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

At the time of this writing, Bitcoin (BTC) was priced at US$83,823.99 and up 5.2 percent in 24 hours. The day’s range has seen a low of US$81,675.28 and a high of U$83,968.58.

Bitcoin performance, April 11, 2025.

Bitcoin performance, April 11, 2025.

Chart via TradingView.

Markets recovered on Friday afternoon after a week of unprecedented volatility triggered by an ongoing trade war between the US and China. Stronger-than-expected producer price index data out of the US suggests inflation could be easing, igniting a recovery for the crypto and stock markets.

Ethereum (ETH) is priced at US$1,565, a 3 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$1,549.00 and a high of US$1,582.64.

Altcoin price update

  • Solana (SOL) is currently valued at US$120.57, up 8.4 percent over the past 24 hours. SOL experienced a low of US$118.23 and a high of US$121.52 on Friday.
  • XRP is trading at US$2.05, reflecting a 4.2 percent increase over the past 24 hours. The cryptocurrency recorded an intraday low of US$1.99 and a high of US$2.06.
  • Sui (SUI) is priced at US$2.22, showing an increaseof 6.5 percent over the past 24 hours. It achieved a daily low of US$2.17 and a high of US$2.24.
  • Cardano (ADA) is trading at US$0.6279, reflecting a 4.9 percent increase over the past 24 hours. Its lowest price on Friday was US$0.6175, with a high of US$0.6313.

Crypto news to know

Trump overturns IRS DeFi rule

US President Donald Trump has signed into law a bill nullifying an Internal Revenue Service (IRS) rule that controversially expanded the definition of “broker” to include decentralized finance (DeFi) platforms.

The regulation, finalized in the waning days of the Biden administration, would have required DeFi protocols — which operate without intermediaries — to report detailed user transaction data to the IRS, something crypto developers argued was both technically unfeasible and legally dubious.

With bipartisan support, both chambers of Congress passed the reversal using the Congressional Review Act. The decision is part of Trump’s broader pledge to position the US as a global crypto leader.

In his first week back in office, he created a federal working group on cryptocurrency regulation and signed an executive order to build a national Bitcoin reserve. The Trump administration has also repeatedly criticized the Biden-era IRS framework as stifling innovation and creating legal liabilities for developers.

SEC issues guidance on crypto securities disclosures

Intending to build on the US Securities and Exchange Commission’s (SEC) Crypto Task Force, the commission’s Division of Corporation Finance issued guidance on how federal securities laws should apply to crypto.

The commission said companies issuing or dealing with tokens that could be securities should give better details about their business. However, the statement didn’t provide clarity on what digital assets could be securities.

Crypto companies typically provide details about their operations, the function of their tokens, and their plans for generating revenue. They also address their future involvement with any launched crypto networks or apps, specifying who will take responsibility for them if the company itself does not.

The SEC has requested that cryptocurrency companies provide additional details about their technology. This includes specifying whether their product uses a proof-of-work or proof-of-stake blockchain, as well as information about its block size, transaction speed, reward mechanisms and the measures taken to ensure network security.

The SEC also asked whether the protocol is open-source or not.

It added that a company should share if a protocol’s code can be modified, and if so, who can make such changes and whether the smart contracts involved have been subjected to a third-party security audit.

Other disclosures the statement mentioned are whether the token’s supply is fixed and how it was or will be issued, along with identifying executives and “significant employees.”

New York moves to let state agencies accept crypto payments

New York could soon become one of the first US states to formally integrate cryptocurrency into government operations.

A newly filed bill, Assembly Bill A7788, introduced by Assemblymember Clyde Vanel, proposes to allow state agencies to accept crypto — including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash — for a wide range of payments such as taxes, fees, rent, and fines.

The proposed legislation would authorize agencies to enter agreements with crypto payment providers, ensuring that final settlements are made in fiat currency to shield state budgets from crypto market volatility.

More importantly, the bill stipulates that debts would not be considered legally settled until the state receives full fiat payment, preserving the integrity of public finance processes.

Agencies may also charge service fees to offset transaction costs and volatility hedging. While this is not the first time such a proposal has emerged — similar bills were introduced in previous legislative sessions but failed to advance — the current climate of growing mainstream adoption and Trump-era pro-crypto sentiment may improve its chances.

SEC and Ripple seek abeyance in legal proceedings

The SEC and Ripple have filed a joint motion to put their appeals in abeyance, pausing proceedings in a sign that both entities anticipate a settlement will be reached when newly appointed SEC Chairman Paul Atkins takes over.

The Senate confirmed Atkins on April 9; however, no date has been set for his swearing-in.

“An abeyance would conserve judicial and party resources while the parties continue to pursue a negotiated resolution of this matter,” the parties jointly stated in an April 10 court filing. Ripple’s defense attorney, James Filan, said the new filing supersedes the April 16 deadline for Ripple to respond to the SEC’s brief filed in January.

In other developments, the SEC dismissed its lawsuit against Helium developer Nova Labs for allegedly issuing unregistered securities.

BlackRock reports digital asset inflows

BlackRock (NASDAQ:BLK) released its Q1 earnings report on Friday, reporting US$84 billion in total net inflows in the first quarter of 2025, marking a 3 percent annualized growth in assets under management (AUM).

Its performance was led in part by US$107 billion in net inflows to its iShares ETFs, roughly US$3 billion, or 2.8 percent, directed to digital asset products. Digital AUM amounted to US$50.3 billion at the end of Q1, roughly 0.5 percent of the firm’s US$11.6 trillion total AUM.

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

Ramp Metals Inc. (TSXV: RAMP) (‘Ramp Metals’ or the ‘Company’) is pleased to announce that the Company has completed a geophysics program at its Ranger and Rush targets on the Rottenstone SW property, with the remainder of the property to be surveyed prior to the summer exploration season. The survey was flown using the Xcite HTDEM system, with 100-meter line space to provide high-resolution data for target refinement.

Over Ranger, the survey, uncovered a series of EM anomalies to the east of the main Ranger target (Figure 1). The newly identified anomalies stretch for over 1900m along a NE-SW trending structure.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8725/248371_f2c79f3024b4e8f1_001.jpg

Figure 1: Updated conductivity map including 2025 Rush and Ranger priority areas.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8725/248371_f2c79f3024b4e8f1_001full.jpg

The geophysics program also completed the dataset over the Rush copper target. The Rush target is a NE-SW trending conductive anomaly over 1100m in length. Rock samples from the October 2024 field program returned values of up to 1.61% copper, 0.79 g/t gold, and up to 113 g/t silver across different samples. In addition, soil geochemistry samples taken above the anomaly returned values up to 798.5ppm copper and 21,152ppb silver (21.15 g/t). For additional information, please refer to the Company’s news release dated January 20, 2025.

Ramp Metals plans to drill test the Rush target once drilling at Ranger is completed.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8725/248371_f2c79f3024b4e8f1_002.jpg

Figure 2: Rush target conductivity map with rock and soil samples overlain.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8725/248371_f2c79f3024b4e8f1_002full.jpg

‘The Ramp team’s continued success in identifying new targets during each field visit underscores the significant potential of greenfield exploration within the Rottenstone Domain,’ said Jordan Black, CEO of Ramp Metals Inc. ‘We are also pleased to announce the completion of six drill holes at the Ranger target, marking a pivotal step as we advance into a highly prospective phase of discovery-driven exploration.’

Qualified Person

Brett Williams, P.Geo., VP Operations and Senior Geologist for Ramp Metals, and a ‘qualified person’ under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content in this news release.

About Ramp Metals Inc.

Ramp Metals is a grassroots exploration company with a focus on a potential new Saskatchewan gold district. The Company currently has a new high-grade gold discovery of 73.55 g/t Au over 7.5m at its flagship Rottenstone SW property. The Rottenstone SW property comprises 32,715 hectares and is situated in the Rottenstone Domain.

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.

FORWARD-LOOKING STATEMENTS

This news release contains ‘forward-looking statements’ within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as ‘plans’, ‘expects’ or ‘does not expect’, ‘is expected’, ‘budget’, ‘scheduled’, ‘estimates’, ‘forecasts’, ‘intends’, ‘anticipates’ or ‘does not anticipate’, or ‘believes’, or variations of such words and phrases or may contain statements that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will be taken’, ‘will continue’, ‘will occur’ or ‘will be achieved’. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding the Company’s exploration activities.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: requirements for additional capital; future prices of minerals; changes in general economic conditions; changes in the financial markets and in the demand and market price for commodities; other risks of the mining industry; the inability to obtain any necessary governmental and regulatory approvals; changes in laws, regulations and policies affecting mining operations; hedging practices; and currency fluctuations.

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 statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Ramp Metals Inc.

Jordan Black
Chief Executive Officer
jordaneblack@rampmetals.com

Prit Singh
Director
905 510 7636

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248371

News Provided by Newsfile via QuoteMedia

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As Tax Day approaches, the Senate’s DOGE leader announced a new effort Monday aimed at cracking down on federal bureaucrats who have racked up billions in unpaid taxes.

Sen. Joni Ernst, R-Iowa, is introducing the Tax Delinquencies and Overdue Debts are Government Employees’ Responsibility (Tax DODGER) Act in response to reports of tax scofflaws within the bureaucracy the taxes themselves are supposed to bankroll.

The Tax DODGER Act would require the Internal Revenue Service (IRS) to publish an annual report on tax delinquencies of current and retired federal employees, including those who failed to file a 1040 or other tax return.

‘It is outrageous that while hardworking Americans fork over their money to Uncle Sam, nearly 150,000 bureaucrats refuse to pay their own taxes,’ Ernst told Fox News Digital.

The bill also establishes a new section in the law that could consider a federal job applicant ineligible for hire if they have ‘seriously delinquent’ tax debt, unless already granted a hardship exemption.

‘If you don’t pay taxes, you should not work for the federal government,’ Ernst said. 

‘I am ending the ‘rules for thee, but not for me’ mentality in Washington.’

Ernst highlighted a recent Treasury Inspector General report showing that while 96% of IRS employees were found to be tax-compliant, more than 2,000 employees had past-due balances totaling more than $12 million as of the end of last year.

Meanwhile, a 2023 IRS report found 149,000 total federal employees owed $1.5 billion in tax liabilities for fiscal year 2021.

Sen. Joni Ernst calls for

She wrote to Treasury Secretary Scott Bessent in March that Americans and many lawmakers had ‘lost confidence in the IRS’ and that he had an opportunity as the agency’s new ultimate boss to address several issues that don’t need congressional approval.

The lawmaker referenced past political weaponization of the agency – such as when Obama-era staffer Lois Lerner allegedly targeted conservative groups – as well as upgrading the IRS’ reportedly outdated technology.

As part of her initial effort last fall to forge a working relationship with DOGE leader Elon Musk, Ernst similarly launched a call for an audit of the IRS.

Treasury Secretary Bessent says Trump will keep insisting on fair trade for the American people

If passed, the bill would require that reports on tax-scofflaw bureaucrats be sent on an annual basis to the Office of Personnel Management, Senate Homeland Security and Government Affairs Committee, and House Oversight Committee.

Additionally, any agency leader may take personnel action up to and including the firing of a federal employee if there is administrative or judicial determination they understated their tax liability or failed to file a return.


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