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President Donald Trump on Friday endorsed Republican Rep. Ashley Hinson as she runs to succeed retiring GOP Sen. Joni Ernst in Iowa.

Hinson — a former TV news anchor who is in her third term representing Iowa’s 2nd Congressional District, which covers the northeastern portion of the state — showcased her support for Trump as she launched her Senate campaign on Tuesday.

‘I’m running to be President Trump’s top ally in the United States Senate,’ she said. And in a Fox News Digital interview this week, Hinson highlighted that she’s ‘proud to stand’ with Trump.

Trump, in a social media post, said, ‘I know Ashley well, and she is a WINNER!’ 

‘I know Ashley well, and she is a WINNER! A Loving Wife and Proud Mother of two sons, Ashley is a wonderful person, has ALWAYS delivered for Iowa, and will continue doing so in the United States Senate,’ the president said. 

‘Ashley Hinson will be an outstanding Senator, and has my Complete and Total Endorsement – SHE WILL NOT LET YOU DOWN!’

Trump’s support followed earlier endorsements from Senate Majority Leader Sen. John Thune and the National Republican Senatorial Committee (NRSC), which is the Senate GOP’s campaign arm.

‘We need conservative fighters in the Senate — and that’s exactly what we’ll get with Ashley Hinson,’ Thune wrote early Friday as he endorsed Hinson.

And NRSC chair Sen. Tim Scott of South Carolina said, ‘Having traveled Iowa with Ashley, I know she is the fighter the Hawkeye State needs to deliver President Trump’s agenda in 2026 and beyond.’

Hinson doesn’t have the GOP primary field to herself. Former state Sen. Jim Carlin and veteran Joshua Smith had already entered the primary ahead of Ernst’s announcement.

But the support from Trump, Thune, and the NRSC will further boost Hinson, who was already considered the frontrunner for the nomination, and will likely dissuade any others from entering the primary. The president’s clout over the GOP is immense, and his endorsement in a Republican primary is extremely influential.

Hinson’s campaign launch came a few hours after Ernst, in a social media video, officially announced that she wouldn’t seek re-election in next year’s midterms.

‘After a tremendous amount of prayer and reflection, I will not be seeking re-election in 2026,’ the 55-year-old Ernst, who was first elected to the Senate in 2014, said in a video posted to social media.

Ernst, a retired Army Reserve and Iowa National Guard officer who served in the Iraq War, had been wrestling for months over whether to run for re-election in 2026. And in her video, she said, ‘This was no easy decision.’

Ernst first grabbed national attention 11 years ago with her ‘make ’em squeal’ ads as she won the high-profile Senate election in Iowa in the race to succeed retiring longtime Democratic Sen. Tom Harkin.

And Ernst highlighted in her video that ’11 years ago, Iowans elected me as the first female combat veteran to the U.S. Senate, and they did so with a mission in mind – to make Washington squeal. And I’m proud to say we have delivered. We’ve cut waste, fraud, and abuse across the federal government.’

Hinson, in a social media post, thanked Ernst for her ‘incredible service to our state and nation’ as well as for her friendship. ‘Iowa is better off thanks to your selfless service,’ she said.

In an Iowa radio interview on Tuesday, she said that among her priorities as she runs for the Senate are ‘secure borders, keeping men out of girls’ sports, cutting taxes for our working families, standing up for Iowa agriculture and helping our young Iowans who are trying to buy a house and start a family.’

Hinson also pledged to campaign across all 99 of Iowa’s counties, starting with a kick-off event on Friday.

And as she entered the race, Hinson was endorsed by Republican Sens. Jim Banks of Indiana, Katie Britt of Alabama, and Markwayne Mullin of Oklahoma.

House Majority Leader Rep. Steve Scalise, Majority Whip Rep. Tom Emmer, House Republican Leadership Chair Rep. Elise Stefanik and Iowa House Majority Leader Bobby Kaufmann also backed Hinson.

Democratic Senatorial Campaign Committee (DSCC) communications director Maeve Coyle, following Hinson’s announcement, argued that ‘Republicans failed to convince Joni Ernst to run for reelection, and now they may be stuck with Ashley Hinson, who has repeatedly voted to raise costs and make life harder for Iowans by voting to slash Medicaid, cheering on the chaotic tariffs that threaten Iowa’s economy, voting against measures to lower the cost of insulin, and threatening Social Security.’

Responding, Hinson told Fox News Digital, ‘I think they’re misinformed at best.’

And she charged that ‘when I hear the lies and the fearmongering coming out of the left, it’s to only cover up for the fact that they have no message and no real leader other than Bernie and AOC and now Mamdani in New York,’ as she referred to Sen. Bernie Sanders of Vermont, Rep. Alexandria Ocasio-Cortez of New York and New York City Democratic mayoral nominee Zohran Mamdani.

‘If that’s the direction they want to take our country, I think Iowans are going to reject that wholeheartedly,’ she predicted.

Iowa was once a top battleground state that former President Barack Obama carried in his 2008 and 2012 White House victories. But the state has shifted to the right in recent election cycles, with President Donald Trump carrying the state by nine points in 2016, eight points in 2020, and by 13 points last November.

Republicans currently hold both of the state’s U.S. Senate seats – Ernst and longtime Sen. Chuck Grassley – and all four of Iowa’s congressional districts, as well as all statewide offices except for state auditor, which is held by Democrat Rob Sand, who’s running for governor next year.

But Democrats in Iowa are energized after flipping two GOP-held state Senate seats in special elections so far this year.

Five Democrats are already running for Senate in Iowa. The field includes state Rep. Josh Turek, a Paralympian wheelchair basketball player, state Sen. Zach Wahls, Knoxville Chamber of Commerce executive director Nathan Sage and Des Moines School Board Chair Jackie Norris.

‘An open seat in Iowa is just the latest example of Democrats expanding the senatorial map,’ Lauren French, spokesperson for the Democrat-aligned Senate Majority PAC, said in a statement.

But Sen. Tim Scott of South Carolina, the chair of the National Republican Senatorial Committee (NRSC), said in a statement, ‘The NRSC is confident Iowans will elect a Republican to continue fighting for them and championing President Trump’s agenda in 2026.’

Republicans are aiming to not only defend, but expand, the current 53-47 Senate majority in next year’s elections.

Senate Republicans enjoyed a favorable map in the 2024 cycle as they flipped four seats from blue to red to win back the majority.

But the party in power – the Republicans – traditionally faces political headwinds in the midterm elections. Nevertheless, a current read of the 2026 map indicates the GOP may be able to go on offense in some key states.

In battleground Georgia, which Trump narrowly carried in last year’s White House race, Republicans view first-term Sen. Jon Ossoff as the most vulnerable Democrat incumbent up for re-election next year.

They’re also targeting battleground Michigan, where Democratic Sen. Gary Peters is retiring at the end of next year, and swing state New Hampshire, where longtime Democratic Sen. Jeanne Shaheen decided against seeking a fourth six-year term in the Senate.

Also on the NRSC’s target list is blue-leaning Minnesota, where Democratic Sen. Tina Smith isn’t running for re-election.

But the GOP is defending an open seat in battleground North Carolina, where Republican Sen. Thom Tills decided against seeking re-election. And Republicans will likely be forced to spend resources to defend Sen. Jon Husted of Ohio – who was appointed to succeed former senator and now-Vice President JD Vance – as he faces off next year against former Democratic Sen. Sherrod Brown.

Meanwhile, Democrats are also targeting moderate Sen. Susan Collins – who has yet to announce her expected 2026 re-election — in blue-leaning Maine. 


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Residents in five Western Québec municipalities of have overwhelmingly rejected a proposed open-pit graphite mine, with 95 percent voting against the La Loutre project in a referendum.

Nearly 3,000 ballots were cast on Sunday (August 31) across Duhamel, Lac-des-Plages, Lac-Simon, Chénéville and Saint-Émile-de-Suffolk. Of those, 2,754 citizens voted against the asset, while only 115 were in favor.

The organizers say the result leaves no room for ambiguity about local opposition.

Located near Lac Bélanger, roughly 80 kilometers northeast of Gatineau, La Loutre is owned by Lomiko Metals (TSXV:LMR,OTCQB:LMRMF), which says it is a potential source of graphite for electric vehicle batteries.

China is the world’s largest producer of graphite by far, and countries around the world are looking to lock down supply of the material. In 2024, Lomiko received a US$8.35 million grant from the US Department of Defense, as well as C$4.9 million from Natural Resources Canada, as the countries looked to strengthen North America’s supply chain.

But for many locals, the referendum on La Loutre was not about global supply chains, but about protecting the lakes, forests and tourism-driven economy that sustain the Petite-Nation region.

Duhamel Mayor David Pharand, long opposed to the mine, said the scale of the rejection will shape what comes next.

“I can assure the population that the percentage of the results of this referendum will have a major impact on the decision of the government and the action that will be taken,” Pharand told CBC. “We will work based on those numbers with our political, federal, and provincial members of parliament to see that this project is not funded.”

Provincial officials struck a similar tone. Papineau MRC prefect Paul-André David said in a statement that the results reflect widespread environmental concerns and will guide the region’s stance in discussions with Québec City:

“The MRC will have to take the necessary measures to protect the interests of the community, by demanding that governments ensure that the sustainable management of water, air and landscapes is at the heart of discussions.’

Mathieu Lacombe, the Coalition Avenir Québec member of Québec’s National Assembly for Papineau, called the outcome “unequivocal” and pledged in a Facebook post to “ensure that the will of citizens is respected.”

Premier François Legault has repeatedly said in recent years that “if there is no social acceptability, there will be no mining activity,” a promise the Coalition du NON is now urging him to uphold.

Coalition presses for government action

The referendum was organized with support from the Alliance des municipalités Petite-Nation Nord and spearheaded by local business and land-use groups under the banner of the Coalition du NON.

The coalition is demanding that both provincial and federal governments move quickly to halt the project and declare the territory incompatible with mining activity. Louis St-Hilaire, president of the Petite-Nation Lake Protection Group and co-spokesperson for the coalition, said the result represents a clear directive.

“Through this referendum, citizens have shown that mining is clearly not what they want for their region and that they will continue to oppose it. Mr. Legault, the public is now asking you, in the public interest, to revoke Lomiko Metals’ mining rights in this area,” St-Hilaire said.

Lomiko acknowledges challenge of social license

Lomiko received permits from the Québec government to begin a 250 metric ton bulk sample at La Loutre on July 1, also saying in the update that it was in a permitting phase to start geotechnical site investigations.

In a statement to CBC on Tuesday (September 2), the company acknowledged the referendum outcome, while stressing that “the many outstanding questions will become clearer as it carries out additional studies.”

Last year, Lomiko expressed disappointment after Québec’s government declined to fund the project, saying the province appeared to be drawing “pre-emptive conclusions” before technical assessments were completed.

Local leaders say the onus is now squarely on provincial and federal authorities to respect the verdict.

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

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President Donald Trump on Friday signed his 200th executive order which authorized the Department of Defense to revert its name back to the ‘Department of War.’

Speaking from the Oval Office, Trump said the new name ‘sends a message of victory, a message of strength’ to the world.

‘It has to do with winning,’ the president went on. ‘We should have won every war. We could have won every war. But we really chose to be very politically correct or woke.’

‘We won the First World War, we won the Second World War, we won everything before that and in between. And then we decided to go woke and we changed the name to the Department of Defense. So, we’re going Department of War,’ he added.

Trump said the name is ‘a much more appropriate name, especially in light of where the world is right now.’

‘We have the strongest military in the world. We have the greatest equipment in the world. We have the greatest men. New factories of equipment, by far. There’s nobody to even compete,’ he said.

Turning to Defense Secretary Pete Hegseth, Trump said while smiling, ‘I’d like to ask our, secretary of war, to say a few words.’

Hegseth thanked Trump for signing the order, saying, the name change restores the ‘warrior ethos’ to America’s military.

‘After winning a War for Independence in 1789, George Washington established the War Department and Henry Knox was his first secretary of war. And this country won every major war after that … 150 years after that, we changed the name after World War Two from the Department of War to the Department of Defense in 1947 and as you pointed out, Mr. President, we haven’t won a major war since,’ said Hegseth.

 ‘This name change is not just about renaming, it’s about restoring,’ said the secretary. ‘Words matter. It’s restoring, as you’ve gotten us to, Mr. President, restoring the warrior ethos, restoring victory and clarity as an end state, restoring intentionality to the use of force.’  

Hegseth pledged the War Department ‘is going to fight decisively, not endless conflicts. It’s going to fight to win, not to lose. We’re going to go on offense, not just on defense. Maximum lethality, not tepid legality. Violent effect, not politically correct,’ he said, adding, ‘We’re going to raise up warriors, not just defenders. So, this War Department, Mr. President, just like America is back.’

The executive order calls for using the Department of War as a secondary title for the Department of Defense, along with phrases like ‘secretary of war’ for Hegseth, according to a White House fact sheet previously shared with Fox News Digital. 

It’s unclear if Congress, which has the authority to establish federal executive departments, will need to step in to issue final approval on the move. However, Trump expressed confidence the name will stick, saying, ‘We’re going with it, and we’re going with it very strongly … but we’ll put it before Congress.’

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


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One of former President Joe Biden’s top spokespeople dismissed the fallout from the former president’s disastrous June 2024 debate performance during a closed-door interview with the House Oversight Committee that lasted over five hours.

Andrew Bates, who served as White House senior deputy press secretary and worked in Biden’s communications shop for nearly his entire term, said reactions to Biden’s debate against then-candidate Donald Trump were ‘overblown,’ according to a source familiar with his interview.

Bates ‘ultimately agreed with President Biden’s decision to drop out’ after viewing polling data the week Biden made his choice to drop his re-election bid, the source said.

A source close to Bates, however, said after he had time to process the then-president’s decision and a turn in public polling during the final week of Biden’s candidacy, he agreed Biden had made the right decision to withdraw.

He dismissed concerns about Biden’s age as a ‘polling problem,’ however, and wrote off Americans’ concerns about his age and abilities as the product of mainstream media and right-wing critics, according to the first source – similar to previous Biden allies in their closed-door interviews.

The former spokesman also described relatively infrequent interactions with Biden and allegedly said Biden only met with his press team a few times in a year.

‘He would see President Biden in person a little over once a month, but this could be anything from travel, going with him to the Hill or just seeing him in the hallway,’ the first source said.

But a former Biden White House staffer argued that the press secretary and the communications director were the default representatives of the press and communications team for daily meetings with the president.

Bates also allegedly told investigators he supported the sweeping, and controversial, pardon granted to Hunter Biden toward the end of the president’s term. 

The second source, however, said Bates told investigators that Biden conducted himself ‘honorably’ when asked whether any of his actions were done to benefit his son’s business dealings.

That pardon and the hundreds of other clemency orders signed by Biden are of particular interest to the House Oversight Committee.

Oversight Committee Republicans are investigating whether Biden’s top White House allies covered up signs of mental decline in the former president, and by extension, are looking into whether executive actions signed by autopen were executed with Biden’s full awareness and approval.

Biden himself told the New York Times recently that he made every clemency decision on his own.

His allies have also blasted the GOP-led probe as a partisan exercise.

During his opening statement, obtained by Fox News Digital, Bates defended Biden’s fitness for office while criticizing Trump’s own actions as president.

‘I was proud to support Joe Biden as President because we believe in the same values. In the White House, it was universally understood that Joe Biden was in charge. That is completely consistent with my personal experience with the President,’ Bates told House investigators, according to another source.

A House Oversight Committee spokesperson blasted Bates as ‘delusional’ and accused his opening statement of leaking to media before he read it in the room.

Fox News Digital reached out to Bates via his public relations firm Wolfpack Strategies, as well as his counsel, for further comment.


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Reverend Franklin Graham, one of the nation’s most prominent Christian voices, is standing behind Vice President JD Vance after his profane rebuke of senators in a heated social media post over Health and Human Services Secretary Robert F. Kennedy Jr. 

In an exclusive statement to Fox News Digital, Graham acknowledged that while he admired Vance’s stand, the Vice President’s ‘salty’ choice of words could have been better.

Graham said in the statement: ‘We have had many vice presidents who have used salty language, but the point Vice President Vance was making is correct. Could he have used a better choice of words? In my opinion, yes; but I appreciate the vice president standing up for Secretary Kennedy who is trying to buck a very corrupt system and is trying to improve the health of the American people. God bless Secretary Kennedy and Vice President Vance.’

The exchange follows Vance’s viral X post declaring senators were ‘full of s—.’ Kennedy himself endorsed the message, one day after more than 1,000 current and former HHS employees called for Kennedy’s resignation.

The clash unfolded during a contentious Senate Finance Committee hearing on Thursday where Sen. Ron Wyden pressed Kennedy over health policies and accusations of promoting conspiracy theories. Kennedy pushed back, defending his record and policies aimed at challenging pharmaceutical companies.

Vance quickly jumped to Kennedy’s defense on X. ‘When I see all these senators trying to lecture and ‘gotcha’ Bobby Kennedy today all I can think is: You all support off-label, untested, and irreversible hormonal ‘therapies’ for children, mutilating our kids and enriching big pharma. You’re full of s— and everyone knows it,’ Vance wrote.

Kennedy reposted the comment, thanking him: ‘Thank you @JDVance. You put your finger squarely on the preeminent problem.’

That defense extended beyond Vance. White House press secretary Karoline Leavitt also backed Kennedy, framing Democrat criticism as proof that the secretary is ‘over the target’ in challenging entrenched interests.

This is not the first time Graham has weighed in on political leaders’ language. He previously urged President Donald Trump to cut down on his profanity. ‘Your storytelling is great, but it could be so much better if you didn’t use foul language,’ Graham wrote in a letter to Trump, citing Matthew 12:36: ‘I tell you, on the day of judgment people will give account for every careless word they speak.’

Graham ultimately closed his statement to Fox News Digital with a blessing: ‘God bless Secretary Kennedy and Vice President Vance.’ 

Representatives for Vice President Vance did not immediately respond to Fox News Digital’s request for comment.

Fox News’ Alexandra Koch contributed to this report.


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Supreme Court Justice Amy Coney Barrett hasn’t seen The Handmaid’s Tale. But she was well-prepared to be interrupted by any number of red-draped protesters, should they storm in to interrupt her confirmation hearing, the same way they did for her colleague, Brett Kavanaugh, several years prior. 

As she recounted in an interview at the Lincoln Center Thursday night, the preparation had been for naught: Her confirmation took place behind closed doors, thanks to the COVID-19 pandemic and the social precautions in place at the time. It also made the lengthy confirmation process and her first days as a justice on the nation’s highest court ‘awkward,’ she said, to laughter. ‘Very awkward.’ 

That revelation was just one of many Barrett made during a wide-ranging interview Thursday, just days before the publication of her forthcoming memoir, ‘Listening to the Law.’ 

Like her book, Barrett’s appearance proved to be as telling for what she didn’t say as for what she did. 

Barrett, 53, spoke easily about her family, her faith, and the kindness of her newfound colleagues on the Supreme Court, whom she says lent her not only the use of their office supplies and bench memos during her first days on the job, but also temporarily dispatched their own staff to help her answer phones and restock supplies. ‘There is an indispensable human element to judging,’ Barrett observes in her memoir, something she says is all the more true when serving on a nine-person bench.

‘Thinking in categories of left and right — it’s just the wrong way to think about the law,’ she said Thursday night to the jam-packed audience at Alice Tully Hall. 

Even so, Barrett artfully dodged some of the more polarizing issues the court has faced in the past eight months. 

She was demonstrably less candid on questions involving the so-called emergency, or ‘shadow’ docket — the vehicle by which President Donald Trump has sought to temporarily stay lower court decisions that would have paused or halted some of his most sweeping executive orders from taking force.

The Supreme Court has presided over a record blitz of emergency appeals and orders filed by the administration and other aggrieved parties during Trump’s first eight months back in office. Justices on the 6-3 conservative bench have ruled in Trump’s favor in the majority of emergency applications, allowing the administration to proceed with its ban on transgender service members in the military, its termination of millions of dollars in Education Department grants and its firing of probationary employees across the federal government, among many other actions.

The court has sided with Trump in the majority of these requests, prompting a fresh level of scrutiny — and rare public criticism from some of her colleagues on the bench.

The Supreme Court ‘is at its best when it can review cases that have been fully adjudicated’ by the lower courts, she offered, before the conversation moved on. 

Barrett also sought to defend the court as a body that operates beyond the politics of a given moment, and (ideally) outside the reach of public opinion. She noted that public perceptions of what a judge ought to do is, at times, at odds with what the Constitution and existing Supreme Court precedent proscribe. 

‘I think everyone expects the court to deliver the results it likes,’ Barrett said Thursday night. There’s a ‘disconnect between what people want in the moment,’ and what the court should deliver, she said.

People ‘want what they want,’ and will inevitably be disappointed by the results, she said.

Like other justices who have authored memoirs while on the bench, Barrett offered a lofty, and at times idealistic, view of the court. 

Pressed by journalist Bari Weiss about her majority opinion in Trump v CASA earlier this year, Barrett insisted that her ‘spicy’ remarks towards Justice Ketanji Brown Jackson were nothing more than an attempt to ‘set the calibration right.’

‘I thought Justice Jackson had made an argument in strong terms that I thought warranted a response,’ Barrett said.

Thursday night’s interview was the first of many public appearances Barrett is slated to give in coordination with her book release next week. It offered at times a refreshingly personal glimpse into her nearly five years on the Supreme Court — a job she says she wasn’t quite sure she wanted, when the offer finally came. 

Barrett recounted what her husband told her at the time, when she was weighing whether to go through with the confirmation process. Should she choose to move forward, he told her, ‘We have to burn the boats.’

The phrase, adopted from Alexander the Great, refers to the notion that one must eliminate all options for backup plans or retreat.  

It was one she held onto during the confirmation process, when media outlets pilloried her as an out-of-touch and hyper-religious mother of seven, when quips from lawmakers, such as then-Sen. Dianne Feinstein — ‘the dogma lives loudly within you’ — might have rattled her further. 

‘To do the job well, you have to have thick skin,’ she told the audience Thursday night.

She also dismissed fears of a constitutional crisis.

‘I don’t think that we are currently in a constitutional crisis,’ Barrett said. ‘I think that our country remains committed to the rule of law. I think we have functioning courts.’


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Gold’s record-breaking rise continued on Friday (September 5), with the price approaching US$3,600 per ounce.

After spending the summer months consolidating, the yellow metal began breaking out this week. It pushed through US$3,500 on Tuesday (September 5) and then kept rising, coming within less than a dollar of US$3,600 on Friday.

Gold price chart, August 29, 2025, to September 5, 2025.

Gold price chart, August 29, 2025, to September 5, 2025.

Expectations that the US Federal Reserve will lower interest rates when it meets later this month are part of what’s driving gold’s move. The central bank hasn’t made a cut since December 2024, but comments made by Fed Chair Jerome Powell in a recent Jackson Hole, Wyoming, speech stoked anticipation among market participants.

US jobs data for August, released on Friday by the Bureau of Labor Statistics (BLS), has essentially locked in a downward move in rates. Nonfarm payrolls were up by 22,000, significantly lower than the 75,000 expected by economists.

Meanwhile, the country’s unemployment rate came in at 4.3 percent.

The report is the first to be released since US President Donald Trump fired Erika McEntarfer, former commissioner at the BLS. She was ousted after July jobs data came in lower than expected, and after major downward revisions to May and June jobs numbers. The latest BLS report also brought revisions — the July number was boosted by 6,000 to come in at 79,000, but June stands at a net loss of 13,000 after a downward revision of 27,000.

CME Group’s (NASDAQ:CME) FedWatch tool now shows a 90.2 percent probability of a 25 basis point rate cut in September, with a 9.8 percent probability of a 50 basis point reduction.

Target rate probabilities for September 17, 2025, Fed meeting.

Target rate probabilities for September 17, 2025, Fed meeting.

Chart via CME Group.

Bond market turmoil also helped move the gold price this week.

Yields for 30 year US bonds rose to nearly 5 percent midway through the period, their highest level since mid-July, on the back of a variety of concerns, including tariffs, inflation and Fed independence.

Globally the situation was even more tumultuous, with 30 year UK bond yields reaching their highest point since 1998; meanwhile, 30 year bond yields for German, French and Dutch bonds rose to levels not seen since 2011.

In Japan, 30 year bond yields hit a record high.

Looking at gold’s path forward, experts agree that its prospects are bright, although what kicks off its next leg and how high it could go during this cycle remain to be seen. While rates are in focus as a key price mover right now, other potential drivers include a stock market correction and the return of western investors.

Watch six experts share their thoughts on gold’s next price trigger.

Elsewhere in the precious metals space, silver was trading at the US$41 per ounce level, down from its peak of around US$41.30 seen earlier in the week, but still at highs not seen since 2011.

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

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(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec TheNewswire – September 5, 2025 Charbone Hydrogen Corporation (TSXV: CH,OTC:CHHYF; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), a company focused on green hydrogen production and distribution, is pleased to announce it has signed, on September 4, 2025, an Asset Purchase Agreement to acquire operational hydrogen production and refuelling equipment in Quebec. The strategic acquisition will enable CHARBONE to fast-track the commissioning of CHARBONE’s flagship Sorel-Tracy facility phase 1 and empower CHARBONE to produce and deliver first industrial high purity hydrogen (UHP) sales in the upcoming quarter.

The equipment, currently in use will be dismantled, repurposed and relocated to Sorel-Tracy .

This transaction follows CHARBONE’s signing of a non-dilutive USD 50 million construction capital facility announced on May 1 and June 4, 2025. While this facility is earmarked for broader project financing rather than this equipment purchase, it demonstrates CHARBONE’s strengthened capital position and ability to scale up its overall development plan.

Key Investor Highlights

  • Accelerated Timeline : Repurposing proven operating equipment reduces installation costs of new equipment — enabling production by early Q4 2025

  • Selection Process : CHARBONE has been selected as the buyer of the equipment as the seller has accepted $1M in CHARBONE stock as part of a portion of the purchase price at an issue price equal to the market price of CHARBONE’s shares on the TSX Venture Exchange on the effective date plus a cash balance payable in 3 tranches payment , with one-third payment on the effective date and the remaining paid over two years — preserving cash for growth.

  • Operational Progress : Grid connection is completed; Hydro-Québec installed the energy meter on July 22, and completed the interconnection on August 13, while the Town of Sorel-Tracy completed the water connection to its main system, providing the site with the two elements needed for hydrogen production.

Private Placement Details

Additionally, CHARBONE is pleased to announce the sequential closings of its $1M non-brokered private placement (the ‘Equity Offering’). The Company has already secured $0.5 million to accelerate the completion of its flagship green hydrogen production facility in Sorel-Tracy, Quebec.

  • The initial tranche involved the issuance of 7,699,666 units. A second tranche for the remaining $0.5M is expected to close by October 15, 2025.

  • The proceeds from the Equity Offering will be primarily allocated to the Company’s purchase of the operating hydrogen equipment, re-installation at the Sorel-Tracy site, and infrastructure development, and general working capital requirements.

  • The closing of the Equity Offering remains subject to the approval of the TSX Venture Exchange and other customary closing conditions. The Company may close a second tranche in the coming days, but no later than October 15, 2025.  All securities issued under the Offering are subject to a statutory four-month and one-day hold period in Canada following the Closing Date

  • 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 securities in any jurisdiction where such offer, solicitation, or sale would be unlawful, including in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 1933 Act ‘) or any applicable 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 1933 Act) unless registered under the 1933 Act and relevant state laws, or if an exemption from registration is available

CEO Comment

‘Investors have waited for Sorel-Tracy to move from development to revenue,’ said Dave Gagnon, President and CEO of CHARBONE. ‘By repurposing proven equipment — at a lower cost of a new build — and structuring the deal to preserve cash, we’re entering execution mode with strong capital backing and minimal dilution. He continues; This acquisition positions us to deliver green and high purity hydrogen (UHP) to our industrial customers quicker, and with best-in-class operating equipment.

Why This Matters

This acquisition signals a turning point for CHARBONE: after years of development, the company is positioned to deliver its first hydrogen revenues, leverage non-dilutive capital to scale, and capture early-mover advantages in the North American green hydrogen market.

About Charbone Hydrogen CORPORATION

CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH,OTC:CHHYF), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire – le 5 septembre 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH,OTC:CHHYF OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une compagnie spécialisée dans la production et la distribution d’hydrogène vert, est heureuse d’annoncer la signature, le 4 septembre 2025, d’une convention d’achat d’actifs visant l’acquisition d’équipements opérationnels de production et de ravitaillement en hydrogène au Québec. Cette acquisition stratégique permettra à Charbone d’accélérer la mise en service de la phase 1 de son usine phare de Sorel-Tracy et de produire et livrer ses premières ventes d’hydrogène industriel de haute pureté (UHP) au cours du prochain trimestre.

Les équipements, seront démantelés, convertis et relocalisés à Sorel-Tracy.

Cette transaction fait suite à la signature par Charbone d’ une facilité de capital de construction non dilutive de 50 millions USD annoncée le 1er mai et 4 juin 2025. Bien que cette facilité soit destinée à un financement de projet plus large plutôt qu’à cet achat d’équipements, elle démontre la position de capital renforcée de Charbone et sa capacité à étendre son plan de développement global.

Points saillants pour les investisseurs clés

  • Échéancier accéléré : La réutilisation des équipements en opération réduit les coûts d’installation des nouveaux équipements — permettant une production d’ici le début du T4 2025

  • Processus de sélection : Charbone a été sélectionné comme acheteur de l’équipement en échange de 1 M$ en actions de Charbone dans le cadre d’une partie du prix d’achat à un prix d’émission égal au cours du marché des actions de Charbone à la Bourse de croissance TSX à la date effective, plus la balance en espèces payable en 3 tranches, avec un tiers du paiement à la date effective et le reste payé sur deux ans — préservant la trésorerie pour la croissance.

  • Progrès opérationnels : Le raccordement au réseau est complété; Hydro-Québec a installé le compteur d’énergie le 22 juillet et complété l’interconnexion le 13 août, tandis que la Ville de Sorel-Tracy a complété le raccordement d’eau à son réseau principal, fournissant ainsi au site les deux éléments nécessaires à la production d’hydrogène.

Détails du placement privé

Par ailleurs, Charbone est heureuse d’annoncer la clôture séquentielle de son placement privé sans intermédiaire de 1 M$ (le « placement d’actions »). La Société a déjà obtenu 0,5 M$ pour accélérer l’achèvement de son usine phare de production d’hydrogène vert à Sorel-Tracy, au Québec.

  • La première tranche comprenait l’émission de 7 699 666 unités. Une deuxième tranche, portant sur les 0,5 M$ restants, devrait être clôturée d’ici le 15 octobre 2025.

  • Le produit de l’émission d’actions sera principalement affecté à l’achat par la Société des équipements d’hydrogène, à la réinstallation sur le site de Sorel-Tracy, au développement des infrastructures et aux besoins généraux en fonds de roulement.

  • La clôture de l’offre d’actions demeure soumise à l’approbation de la Bourse de croissance TSX et à d’autres conditions de clôture habituelles. La Société pourrait clôturer une deuxième tranche dans les prochains jours, mais au plus tard le 15 octobre 2025. Tous les titres émis dans le cadre de l’offre sont assujettis à une période de détention légale de quatre mois et un jour au Canada après la date de clôture

  • Ce communiqué de presse ne constitue pas une offre de vente ni une sollicitation d’une offre d’achat, et aucune valeur mobilière ne peut être vendue dans une juridiction dans laquelle une telle offre, sollicitation ou vente serait illégale, y compris l’intégralité des valeurs mobilières aux États-Unis d’Amérique. Les valeurs mobilières n’ont pas été et ne seront pas enregistrées en vertu du United States Securities Act de 1933, tel que modifié (la « Loi de 1933 »), ou de toute autre loi sur les valeurs mobilières, et ne peuvent être offertes ou vendues aux États Unis ou à des, ou pour le compte ou au profit de, ‘U.S. Persons’ (telles que définies dans la « Regulation S » de la Loi de 1933), à moins qu’elles ne soient enregistrées en vertu de la Loi de 1933 et des lois applicables sur les valeurs mobilières, ou qu’une dispense de telles exigences d’enregistrement ne soit disponible. Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Commentaire du PDG

‘Les investisseurs ont attendu que Sorel-Tracy passe du développement à la production de revenus,’ a déclaré Dave Gagnon, Président et Chef de la direction de Charbone. En réutilisant des équipements éprouvés — et ce à moindre coût que de nouvelles installations — et en structurant l’opération pour préserver la trésorerie, nous entrons en mode d’exécution avec un soutien en capital solide et une dilution minimale. Il continue; Cette acquisition nous permet de fournir de l’hydrogène vert et de haute pureté (UHP) à nos clients industriels plus rapidement et avec de bons équipements d’exploitation dans leurs catégories.

Pourquoi c’est important

Cette acquisition marque un tournant pour Charbone : après des années de développement, l’entreprise est en mesure de générer ses premiers revenus liés à l’hydrogène, de tirer parti d’un capital non dilutif pour évoluer et de saisir les avantages d’être pionnier sur le marché nord-américain de l’hydrogène vert.

À propos de Corporation Charbone Hydrogène

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH,OTC:CHHYF); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Health and Human Services Secretary Robert F. Kennedy, Jr. appeared before the Senate Finance Committee on Thursday in a hearing that made the Jerry Springer show look like an Oxford Union debate, but amid the pompous posturing from Democrats, an important truth came out.

Sen. Mark Warner, D-Va., thought he scored major points by asking RFK Jr the gotcha question — ‘how many Americans died of COVID?’ When the secretary said that he did not know, a giddy Warner thought he could spike the football.

But here’s the thing: RFK Jr. is right. Nobody actually knows how many people have died of COVID, because we don’t really even know what dying of COVID means. 

Democrats and dim-witted fact-checkers will cry out that we have that data, that both the Centers for Disease Control and Prevention and the World Health Organization say 1.2 million lives were lost to the Chinese virus.

However, we know that at the height of the pandemic some motorcycle accidents were listed as COVID deaths if the victim tested positive for it, and we know that thousands and thousands of Americans with myriad medical conditions died with, not of, COVID.

We also know that during the pandemic, both the CDC and the WHO were two of the worst and least reliable actors in the entire miserable fiasco. Everybody paying attention admits now that CDC guidance on masking and social distancing might as well have been magical incantations.

There was no data to back up these restrictions, and even when the CDC did collect data, they didn’t just do a bad job, they intentionally stacked the deck to make COVID look as deadly and terrifying as possible.

Meanwhile, the CDC and the medical establishment nationwide spent most of 2020, as COVID restrictions raged, not just refusing to listen to contrary voices like Dr. Jay Bhattacharya, and Dr. Scott Atlas, but trying to destroy their lives and careers.

This led to another very telling moment in the hearing, this time involving Sen. Bernie Sanders, I-Vt., who made one of the most hilariously comic appeals to authority in recent memory. 

The socialist senator told Kennedy, ‘We’ve got the entire medical community on one side, The AMA [American Medical Association] representing hundreds of thousands of doctors, the American Academy of Pediatrics, the American Health Association.’ Then he asked Kennedy, what organizations does his side have?

I’m going to be less polite than the secretary was and say, none of them, thank goodness, because these are the same lunatics who lied their way through COVID and affirm 87 genders.

Kennedy’s more politic answer was that he is backed up by and working with the very scientists, like Bhattacharya, who were right about COVID in the first place, while Bernie’s alphabet soup of medical incompetence was masking babies.

Democrats and the medical establishment are now like middle-school bullies who don’t have a high school growth spurt and are suddenly as harmless as a flower. President Donald Trump knows this, and it is exactly why he tapped the Kennedy scion to fix public health.

In a less cynical time, the coin of the Kennedy realm was public service. John F. Kennedy campaigning in West Virginia in 1960, looking up at the voters on their porch, knowing they were the boss, not him, asking for their trust, not demanding it.

So too, RFK Jr. is hellbent on serving the people, not the establishment. That’s why so many MAHA moms who know they have been lied to about what they feed their kids held their noses and voted for the orange man.

The obvious elephant in the hearing on Thursday was pointed out by Sanders himself: Every single senator on the dais takes big bucks from big pharmaceutical companies, the same companies that fund all the ‘independent research’ thrown at Kennedy.

The age of ‘just shut up and trust the science,’ is well and truly over. As George W. Bush once put it, ‘fool me once, shame on me, fool me twice…well, you’re not gonna fool me again.’ That’s where the American people are when it comes to the medical establishment.

Kennedy stood his ground in the contentious and cacophonous hearing. He gave as good as he got, and he is absolutely right that nobody knows how many died of COVID, or how many were saved by the vaccine.

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The very people in the CDC tasked with tracking such data fumbled so badly that neither RFK Jr. nor the American people can rely on their bungled assessments.

This chaos of data, as the secretary called it, is exactly why he is cleaning house at HHS, and that is exactly what President Trump and the voters want and expect from him. 


 


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