Saturday, April 18, 2026

WATCH: Artemis II Returns From the Moon

(Headline USAArtemis II’s astronauts closed out humanity’s first lunar voyage in more than half a century with a Pacific splashdown on Friday, blazing new records near the moon with grace and joy.

It was a dramatic grand finale to a mission that revealed not only swaths of the lunar far side never seen before by human eyes, but a total solar eclipse and a parade of planets, most notably our own shimmering Earth against the endless black void of space.

With their flight now complete, the four astronauts have set NASA up for a moon landing by another crew in just two years and a full-blown moon base within the decade.

The triumphant moon-farers — commander Reid Wiseman, pilot Victor Glover, Christina Koch and Canada’s Jeremy Hansen — emerged from their bobbing capsule into the sunlight off the coast of San Diego.

In a scene reminiscent of NASA’s Apollo moonshots of yesteryear, military helicopters hoisted the astronauts one by one from an inflatable raft docked to the capsule, hauling them aboard for the short trip to the Navy’s awaiting recovery ship, the USS John P. Murtha.

“These were the ambassadors from humanity to the stars that we sent out there right now, and I can’t imagine a better crew,” NASA Administrator Jared Isaacman said from the recovery ship.

NASA’s Mission Control erupted in celebration, with hundreds pouring in from the back support rooms. “We did it,” NASA’s Lori Glaze rejoiced at a news conference. “Welcome to our moonshot.”

Their Orion capsule, dubbed Integrity, made the entire plunge on automatic pilot. The lunar cruiser hit the atmosphere traveling Mach 33 — or 33 times the speed of sound — a blistering blur not seen since the 1960s and 1970s Apollo.

The tension in Mission Control mounted as the capsule became engulfed in red-hot plasma during peak heating and entered a planned communication blackout. All eyes were on the capsule’s life-protecting heat shield that had to withstand thousands of degrees during reentry.

Watching the drama unfold nearly 2,000 miles away, the astronauts’ families huddled in Mission Control’s viewing room, cheering when the capsule emerged from its six-minute blackout and again at splashdown.

The last time NASA and the Defense Department teamed up for a lunar crew’s reentry was Apollo 17 in 1972. Artemis II came screaming back at 36,174 feet per second — or 24,664 mph — just shy of the record before slowing to a 19 mph splashdown.

Until Artemis II, NASA’s fresh-from-the-moon homecomings starred only white male pilots. Intent on reflecting changes in society, NASA chose a diverse, multinational crew for its lunar comeback.

Koch became the first woman to fly to the moon, Glover the first Black astronaut and Hansen the first non-U.S. citizen, bursting Canada with pride. They laughed, cried and hugged all the way there and back, striving to take the entire world along with them.

Artemis II’s record flyby and views of the moon

Launched from Florida on April 1, the astronauts racked up one win after another as they deftly navigated NASA’s long-awaited lunar comeback, the first major step in establishing a sustainable moon base.

Artemis II didn’t land on the moon or even orbit it. But it broke Apollo 13’s distance record and marked the farthest that humans have ever journeyed from Earth when the crew reached 252,756 miles. Then in the mission’s most heart-tugging scene, the teary astronauts asked permission to name a pair of craters after their moonship and Wiseman’s late wife, Carroll.

During Monday’s record-breaking flyby, they documented scenes of the moon’s far side never seen before by the human eye along with a total solar eclipse. The eclipse, in particular, “just blew all of us away,” Glover said.

Their sense of wonder and love awed everyone, as did their breathtaking pictures of the moon and Earth. The Artemis II crew channeled Apollo 8’s first lunar explorers with Earthset, showing our Blue Marble setting behind the gray moon. It was reminiscent of Apollo 8’s famous Earthrise shot from 1968.

Born a decade after Apollo, Isaacman greeted the astronauts with hugs as they headed from the helicopters to the ship’s medical bay for routine checks. They walked by themselves, refusing the wheelchairs offered them.

“We are back in the business of sending astronauts to the moon, bringing them back safely and to set up for a series more,” Isaacman said. “This is just the beginning.”

Their moonshot drew global attention as well as star power, earning props from President Donald Trump; Canadian Prime Minister Mark Carney; Britain’s King Charles III; Ryan Gosling, star of the latest space flick “Project Hail Mary”; Scarlett Johansson of the Marvel Cinematic Universe; and even Captain Kirk himself, William Shatner of TV’s original “Star Trek.”

Artemis II was a test flight for future moon missions

Despite its rich scientific yield, the nearly 10-day flight was not without technical issues. Both the capsule’s drinking water and propellant systems were hit with valve problems. In perhaps the most high-profile predicament, the toilet kept malfunctioning, but the astronauts shrugged it all off.

As for the heat shield, military aircraft crews photographed it from afar during reentry, and divers checked it from underneath as the capsule floated in the Pacific. More detailed examinations are planned.

“We can’t explore deeper unless we are doing a few things that are inconvenient,” Koch said, “unless we’re making a few sacrifices, unless we’re taking a few risks, and those things are all worth it.”

Added Hansen: “You do a lot of testing on the ground, but your final test is when you get this hardware to space and it’s a doozy.”

Under the revamped Artemis program, next year’s Artemis III will see astronauts practice docking their capsule with a lunar lander or two in orbit around Earth. Artemis IV will attempt to land a crew of two near the moon’s south pole in 2028.

The Artemis II astronauts’ allegiance was to those future crews, Wiseman said.

“But we really hoped in our soul is that we could for just for a moment have the world pause and remember that this is a beautiful planet and a very special place in our universe, and we should all cherish what we have been gifted,” he said.

Adapted from reporting by the Associated Press

Gold, Geopolitics, and Volatility: Insights from Joe Cavatoni

(Money Metals News Service) In a rapidly shifting geopolitical environment, gold continues to demonstrate both its resilience and its complexity as a financial asset.

In a recent episode of the Money Metals Podcast, host Mike Maharrey spoke with Joe Cavatoni, Market Strategist for North America at the World Gold Council, to unpack gold’s behavior amid the Iran–U.S.–Israel conflict and broader macroeconomic uncertainty.

Recorded against the backdrop of a potential ceasefire and volatile global headlines, the discussion explored gold’s recent price movements, investor behavior, and the evolving role of the metal in modern portfolios.

(Interview Starts Around 6:35 Mark) 

Gold’s “Unexpected” Behavior Was Actually Expected

Despite widespread confusion among investors, Cavatoni emphasized that gold has behaved largely as expected during the conflict. While many questioned why gold appeared to “tank” during a geopolitical crisis, he explained that the real anomaly occurred earlier in the year.

Gold surged roughly 30% in January to near-record levels around $5,500, driven largely by momentum and speculative activity. This was followed by a logical correction of about 20%, setting the stage for subsequent volatility.

When the Iran conflict escalated, gold initially reacted as a classic safe-haven asset, spiking approximately 3–5% in a single day. However, as markets began assessing the broader implications, particularly the impact of oil shocks on global economies, gold retreated. Investors shifted into a “get-to-cash” mindset, selling assets, including gold, to meet liquidity needs and margin calls.

Cavatoni noted that gold’s decline to around $4,100–$4,200 reflected both earlier profit-taking and this liquidity-driven selling. As geopolitical tensions eased with ceasefire discussions, gold began climbing again, resuming its longer-term upward trajectory.

Safe Haven Doesn’t Mean “Never Sold”

A key takeaway from the discussion is that gold’s role as a safe haven includes being a source of liquidity. Investors often misunderstand this dynamic, expecting gold to rise continuously during crises.

Cavatoni explained that during periods of stress, investors frequently sell gold precisely because it is a reliable store of value. This behavior was evident not only among private investors but also at the institutional level.

Countries like Turkey reportedly liquidated portions of their gold reserves to manage economic shocks, while Poland explored using profits from its expanding gold holdings to support government spending. These actions highlight gold’s dual function as both a defensive asset and a financial resource in times of need.

The Era of “Regime Uncertainty” and Rising Volatility

The conversation also addressed what Maharrey described as “regime uncertainty,” referring to unpredictable policy shifts and geopolitical developments. Cavatoni agreed that unpredictability is now a defining feature of the market landscape.

He emphasized that investors should expect sustained volatility across all asset classes, including gold. Contrary to its historical reputation as a “boring” asset, gold now trades within wider price ranges and is increasingly central to both institutional and retail portfolios.

Despite short-term fluctuations, Cavatoni maintains a bullish long-term outlook. He suggested that gold could deliver annual gains in the range of 10% to 20%, with potential upside as high as 30% under current macroeconomic conditions. As of early April, gold was already up approximately 8–9% for the year.

ETF Flows Reveal Diverging Global Strategies

Gold-backed ETFs provided another lens into investor behavior. While North American funds experienced notable outflows following the January peak, Asian markets showed continued inflows through much of the first quarter.

Cavatoni attributed this divergence to differing investment approaches. In North America, ETFs such as GLD and IAU are often used as tactical trading instruments, leading to more pronounced inflows and outflows.

In contrast, Asian investors are increasingly adopting ETFs as long-term portfolio holdings, reflecting a structural shift away from physical gold and jewelry toward financial instruments.

He also noted that ETFs represent less than 10% of the overall gold investment market, underscoring their importance as a transparent but limited indicator of broader trends.

The Rising Influence of Eastern Markets

A major theme in the episode was the growing influence of Eastern investors on gold demand. Cavatoni highlighted a “decoupling” between gold prices and traditional drivers like U.S. interest rates and the dollar, largely due to increased demand from Asia.

He explained that cultural and economic factors shape this demand. In many Asian markets, gold is viewed as a generational store of wealth and a hedge against currency instability. This contrasts with the U.S., where investors often rely more heavily on financial instruments like Treasuries and equities.

At the same time, European investors have remained relatively quiet, though Cavatoni expects this to change as fiscal pressures, rising deficits, and currency concerns intensify across the region.

Modeling Markets in an Unpredictable World

From a professional standpoint, Cavatoni acknowledged that the current environment poses significant challenges for market modeling. Traditional frameworks struggle to fully capture the momentum-driven and globally interconnected nature of today’s gold market.

He stressed the importance of continuously recalibrating models and maintaining humility in analysis. Drawing on past crises such as the 1997 Asian financial crisis, he noted that excluding key historical events can lead to flawed assumptions and missed risks.

The World Gold Council, he said, is actively refining its approach to better account for political uncertainty and momentum-driven price movements.

Gold’s Expanding Role in a Complex Global Economy

Ultimately, the episode underscores that gold is no longer a passive asset sitting on the sidelines of the financial system. It is deeply integrated into global markets, influenced by everything from geopolitical conflicts and oil prices to logistics, central bank policies, and technological shifts.

Joe Cavatoni’s outlook remains clear. While short-term volatility is inevitable, the long-term fundamentals supporting gold remain strong. In an era defined by uncertainty, gold’s role as both a store of value and a source of liquidity ensures its continued relevance.

For investors, the message is straightforward. Understanding gold requires a global perspective, an appreciation for its multiple roles, and a willingness to look beyond short-term price movements.

Taxpayer Funding of Planned Parenthood Increased to $832M in 2024-2025

(Tate Miller, The Center Square) Planned Parenthood received $832 million in taxpayer funding in 2024-2025, an increase of $39.8 million from its previous report. A record number of abortions also were performed by the organization.

President of Susan B. Anthony Pro-Life America Marjorie Dannenfelser told The Center Square that “taxpayer dollars should never be used to fund Planned Parenthood, a business that profits off of killing hundreds of thousands of unborn children every single year.”

“Planned Parenthood is an abortion business, not a health care provider, and they have no business using our tax dollars to prop up their operations,” Dannenfelser said.

“Further, women deserve quality, comprehensive care while Planned Parenthood brazenly refuses to adhere to basic safety regulations – even lobbying against such requirements,” Dannenfelser said.

SBA Pro-Life America’s education and research arm the Charlotte Lozier Institute published an analysis of Planned Parenthood’s 2024-25 report, revealing that taxpayer funding increased by $39.8 million from the last report.

“Taxpayer funding in the form of government grants, contracts, and Medicaid reimbursements hit $832 million, nearly $2.3 million per day – an increase of $39.8 million from the previous report and representing 39% of Planned Parenthood’s overall revenue,” the analysis said.

Charlotte Lozier’s analysis said that “taxpayer funding is reported by Planned Parenthood’s affiliates” and these affiliates’ information “lags behind the national office and covers fiscal years ending in 2024, before Planned Parenthood was defunded of Medicaid dollars in the One Big Beautiful Bill Act in 2025.”

The analysis also noted that an increase in tax money given toward Planned Parenthood is not new to the past couple of years.

As stated by Charlotte Lozier, “Planned Parenthood’s taxpayer funding has increased by 50% since 2014.”

For reference, according to the Heritage Foundation, from 2013 to 2015 $1.5 billion in taxpayer funds was given to Planned Parenthood.

Planned Parenthood also received $728.2 million from “private contributions,” which is “up 6% from the previous report.”

Furthermore, Planned Parenthood performed a record breaking number of 434,450 abortions in 2023-2024 on the taxpayer’s dime while its advertised healthcare services’ performance trailed severely behind.

Planned Parenthood’s service data is behind the rest of its report, which is why the year noted is 2023-24, Charlotte Lozier said.

As Charlotte Lozier Institute’s senior research associate Tessa Cox told The Center Square: “In 2023-24, Planned Parenthood performed more abortions than pap tests, miscarriage care, preventive and primary care visits, prenatal services, HPV vaccines, examination and treatment of abnormal cervical cells (including LEEP, colposcopy, and cryotherapy procedures), and diagnostic procedures for cancer treatment and prevention (including biopsies, samplings, and other gynecological surgeries) combined.”

For reference again, according to the Heritage Foundation, from 2015-2016, Planned Parenthood performed 328,348 abortions.

Cox told The Center Square: “Planned Parenthood’s focus is abortions, not health care.”

The analysis stated that in the report it’s shown 97 percent of the time “women seeking help related to their pregnancy at Planned Parenthood were sold an abortion rather than given prenatal care, provided care for a miscarriage, or helped to make an adoption plan.”

“Prenatal services, miscarriage care, and adoption referrals accounted for only 1.7% (7,685), 0.6% (2,852), and 0.7% (3,038) of these services, respectively,” the analysis showed.

Swalwell’s Political Rise Ends Amid Denial, Media Protection

(Luis CornelioHeadline USA) Top Democratic officials on Friday rushed to rebuke Eric Swalwell, the long-time left-wing darling and top candidate for California governor, after accusations of sexual misconduct and even sexual assault became too serious to ignore.

Calls for him to step down from the race, along with endorsement withdrawals, came from House Minority Leader Hakeem Jeffries to the California Teachers Association, effectively killing his campaign weeks before the California primary for governor.

The scandal came after the San Francisco Chronicle published the disturbing account of a former female staffer who said Swalwell twice sexually assaulted her when she was too intoxicated to consent.

CNN followed up with quotes from four women, including the staffer behind the sexual assault allegations, who described their own experiences with Swalwell.

“I was pushing him off of me, saying no,” the woman told the outlet of a 2024 encounter. “He didn’t stop.”

In 2019, she said she once woke up naked with Swalwell in his hotel room after a night of heavy drinking. She was unable to recall what happened the night before but said she felt she had been penetrated.

A second woman said she woke up in Swalwell’s hotel room with no memories of the night before, except that he kissed her and touched her leg without consent. A third woman, Ally Sammarco, said Swalwell sent her an unsolicited nude message.

Swalwell has denied the allegations, threatening the alleged victims with cease-and-desist letters on Thursday.

Rumors about Swalwell’s alleged conduct went viral on social media when leftist activist Cheyenne Hunt shared a text message from an individual alleging that Swalwell “has slept with many of his interns.”

The individual behind the purported messages said she was 19 when Swalwell “tried hitting on me and sliding into my DMS.”

Swalwell had received some political cover, particularly from CBS News correspondent Julie Watts, who on Wednesday published a report drawing attention to activist Hunt’s ties to gubernatorial rival Katie Porter while repeatedly emphasizing the absence of a direct relationship.

Reached by phone on Friday evening by Headline USA, Watts appeared at a loss for words, asking for an email and saying she would look into the matter.

Headline USA also asked Watts via text messages about the sourcing and framing of her report and whether CBS News stood by it, with no response thus far.

Report: U.S. Added $1.2 Trillion to National Debt in Six Months

(Thérèse Boudreaux, The Center Square) The U.S. government added $1.2 trillion to the national debt over the past six months, borrowing $163 billion during March alone, the Congressional Budget Office reports.

At the current rate of borrowing, federal deficits are on track to top $2 trillion by October, the end of the current fiscal year. 

But the president’s recent budget request – which lawmakers will use as a blueprint for the 12 fiscal year 2027 appropriations bills – calls for $2.1 trillion in discretionary spending alone, without touching entitlement program spending.

“Both Congress and the President continue to ignore the urgent need to get our borrowing under control,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement.

“As lawmakers consider the budget process for the upcoming fiscal year, we hope that they come up with plans to reduce deficits from the too-high 6% of GDP to a more sustainable 3% of GDP; secure our nation’s ailing trust funds for Social Security, Medicare, and highways; and ultimately fix the broken process that got us into this mess.”

Though CBO’s latest deficit estimate is $139 billion less than the amount recorded during the same time period last year, that is in large part due to increased tariff revenues and individual income or payroll taxes. 

Federal spending, on the other hand, increased by $84 billion, mostly due to growing entitlement programs like Social Security, Medicare and Medicaid. 

The government also collected 28% less in taxes from U.S. corporations over the last six months due to Republicans’ budget reconciliation bill – the “One Big Beautiful Bill” – which expanded deductions for certain corporate investments.

Yet despite repeated warnings from budget watchdogs, congressional action on soaring federal deficits and the over $39 trillion national debt ultimately hasn’t progressed past vigorous handwaving from a small group of Republicans.

Although the OBBB reduced federal spending by roughly $1 trillion over the next decade via entitlement program reforms, the savings only offset about a third of the bill’s $3.4 trillion ten-year cost

Congress then sidestepped the automatic spending cuts to Medicare and other programs that are triggered by unpaid-for federal borrowing by wiping the Pay-As-You-Go (PAYGO) scorecard in November. 

As House lawmakers return next week to begin hashing out appropriations funding and a second budget reconciliation bill, CRFB, the Cato Institute, and other budget watchdog groups are urging them to find at least $600 billion in savings.

Vance Warns Iran Not to ‘Play’ the US

(Headline USA) Vice President JD Vance on Friday warned Iran not to “play” the U.S. as he headed overseas for negotiations aimed at ending the war.

President Donald Trump has tasked the member of his inner circle who has seemed to be the most reluctant defender of the 6-week-old conflict with Iran to now find a resolution and stave off the U.S. president’s astonishing threat to wipe out its “whole civilization.”

Vance, who has long been skeptical of foreign military interventions and outspoken about the prospect of sending troops into open-ended conflicts, set off Friday to lead mediated talks with Iran in the Pakistani capital of Islamabad.

“If the Iranians are willing to negotiate in good faith, we’re certainly willing to extend the open hand,” Vance told reporters before boarding Air Force Two to make his way to the talks in Pakistan. But he added, “If they’re gonna try and play us, then they’re gonna find that the negotiating team is not that receptive.”

Vance also said that Trump “gave us some pretty clear guidelines” on how talks should go, but he didn’t elaborate. He did not take questions from reporters traveling with him.

Vance’s trip comes as a tenuous, temporary ceasefire appears to be on the precipice of collapsing. The chasm between Iran’s public demands and those from the U.S. and its partner Israel seem irreconcilable. And in the U.S., where Vance might ask voters in two years’ time to make him the next president, there is growing political and economic pressure to wrap it up.

Vance is joined by Trump’s special envoy Steve Witkoff and Trump’s son-in-law Jared Kushner, who took part in three rounds of indirect talks with Iranian negotiators aimed at settling U.S. concerns about Tehran’s nuclear and ballistic weapons programs and its support for armed proxy groups in the Middle East before Trump and Israel launched the war against Iran on Feb. 28.

The White House has provided scant detail about the format of the talks — whether they will be direct or indirect — and has not provided specific expectations for the meeting.

But the arrival of Vance for negotiations marks a rare moment of high-level U.S. government engagement with the Iranian government. Since the Islamic Revolution in 1979, the most direct contact had been when President Barack Obama, a Democrat, in September 2013 called newly elected Iranian President Hassan Rouhani to discuss Iran’s nuclear program.

Almost immediately after the White House and Iran announced a temporary ceasefire Tuesday evening, the sides found themselves at odds over terms of the truce.

Iran insisted that an end to the Israeli war in Lebanon was part of the ceasefire. But Israeli Prime Minister Benjamin Netanyahu and Trump said the truce did not cover Lebanon, and the Israeli operations there continued.

The U.S., meanwhile, demanded that Iran make good on reopening the Strait of Hormuz. The Islamic Republic had closed the critical shipping waterway in response to Israel’s intensifying attacks against the Hezbollah militant group in Lebanon.

“The Iranians don’t seem to realize they have no cards, other than a short term extortion of the World by using International Waterways,” Trump posted on social media as Vance flew to Islamabad. “The only reason they are alive today is to negotiate!”

Iran’s effective shuttering of the waterway has had a major impact on the U.S. and global economies. In the United States, consumer prices rose 3.3% in March from a year earlier, the Labor Department reported Friday. The largest monthly jump in gas prices in six decades spurred the sharp spike in inflation.

It’s the highest-stakes moment thus far for Vance, who spent much of last year as more of a background player in the Trump White House, especially as others like Elon Musk and Secretary of State Marco Rubio took turns as ever-present advisers for the president.

But Vance’s portfolio is fattening fast, first with a mission to root out fraud in government programs at home and now to help solve a U.S. war in the Middle East, where complicated doesn’t even begin to describe things.

Vance, who served in the Iraq War while in the Marines and spent two years as a U.S. senator for Ohio and a little more than one as vice president, has little diplomatic experience.

On Wednesday, he dismissed speculation that the Iranians requested that he join the talks, telling reporters: “I don’t know that. I would be surprised if that was true. But, you know, I wanted to be involved because I thought I could make a difference.”

Jonathan Schanzer, a former Treasury Department official who is now executive director of the Foundation for Defense of Democracies, a hawkish Washington think tank, said Vance, with little experience on Iran policy, is an interesting choice to lead the delegation.

Trump has noted his vice president was “less enthusiastic” than other top senior officials in the Republican administration, making Vance an intriguing interlocutor for the Iranian side, Schanzer said.

“I think they probably prefer him knowing that his perspective on foreign intervention is one of skepticism,” Schanzer said of the Iranians. “I do think that he’s going to need some help. I don’t think he’s ever been engaged in negotiations with this kind of weight, this kind of seriousness. This is as serious as it gets.”

The White House has pushed back against the characterization that Iran wanted Vance in the talks, casting it as an effort to hurt negotiations.

The White House has not detailed who will be in the talks besides Vance, Witkoff and Kushner, but White House spokeswoman Anna Kelly said officials from the National Security Council, the State Department and the Pentagon “will also play a supportive role.”

During early rounds of indirect nuclear talks with the Iranians before the war, Democrats and some nuclear experts questioned whether Kushner and Witkoff had enough technical knowledge. The White House has not said whether the pair, whom Trump has entrusted with some of his most difficult negotiations since returning to office, had a nuclear expert with them for those talks.

It’s not unusual for vice presidents to take on important negotiating roles for the president, said Joel Goldstein, a professor of law at Saint Louis University who is an expert on the history of the vice presidency.

But, he said, “I don’t recall a situation where a vice president has been sent to negotiate a ceasefire or peace in connection with a war the United States was involved with.”

Vance and Rubio are seen as the Republican Party’s strongest potential 2028 presidential contenders, though neither has given a clear answer about whether he intends to run.

As vice president, Vance inherently would carry any baggage of the administration if he eventually does run for president, Goldstein said. But stepping in to lead negotiations even further identifies him with the conflict.

“The fact that he’s involved in the negotiations in a very visible way, that means that, if things go south, that people will be pointing fingers at him,” Goldstein said.

At the same time, Goldstein said, “If things go well, then it will be something that he could point to.”

Adapted from reporting by the Associated Press

‘I am Thinking About It,’ Kamala Harris Says of 2028 Presidential Bid

(Headline USA) After chants of “run again!” filled the room, former Vice President Kamala Harris told African American activists on Friday that she’s actively considering another presidential bid.

“I might. I am thinking about it,” Harris told Rev. Al Sharpton after he asked directly whether she was going to run for president in 2028.

Harris’ comments came during the National Action Network’s annual convention, where more than a half-dozen potential candidates appeared this week , hoping to make inroads among Black voters — who comprise one of Democrats’ most powerful blocs.

The Democrats’ next presidential primary season won’t begin in earnest until after November’s midterm elections, but this week’s conference showcased a collection of Democrats already jockeying for position in what promises to be a crowded competition.

For now, at least, there is no clear early favorite. But there did appear to be a favorite at Sharpton’s conference.

Harris, the nation’s first Black female vice president and the Democrats’ presidential nominee in 2024, earned the only standing ovation and the largest crowd of any other 2028 prospect this week.

Sharpton noted that Harris earned more votes in her losing 2024 campaign than even former Democratic Presidents Barack Obama and Bill Clinton.

“Whatever she decides to do, she made a point in history,” Sharpton said.

Harris has raised the possibility of another presidential bid before in the 15 months since she left office. She also recently launched a political action committee and began to travel across the United States to support Democrats, especially across the South.

Still, some in the party have shifted their focus to a new generation of Democratic leaders given Harris’ struggle in the last presidential contest.

The convention lineup this week featured Pennsylvania Gov. Josh Shapiro, former Transportation Secretary Pete Buttigieg, Illinois Gov. JB Pritzker, Maryland Gov. Wes Moore, Kentucky Gov. Andy Beshear, Rep. Ro Khanna of California, and Arizona Sens. Mark Kelly and Ruben Gallego.

Buttigieg, speaking shortly after Harris left the stage, received soft applause from a room that was about half-empty. Some cheered when he mentioned supporting federal workers and minority businesses, but many attendees had streamed out of the packed auditorium after Harris’ speech in an effort to grab a selfie with the former vice president.

Buttigieg, like many other 2028 prospects this week, laughed off a question about whether he would seek the presidency again.

Harris was more explicit.

Three times she repeated, “I’m thinking about it,” when Sharpton asked her about a 2028 White House run.

“I served for four years being a heartbeat away from the presidency of the United States. I spent countless hours in my West Wing office footsteps away from the Oval Office. I spent countless hours in the Oval Office and the situation room. I know what the job is, and I know what it requires,” Harris said.

She continued: “I am thinking about it in the context of who and where and how can the best job be done for the American people. That’s how I’m thinking about it. I’ll keep you posted.”

Adapted from reporting by the Associated Press

 

Trump Says Military Remains in Place as Talks With Iran Set to Begin

(Sarah Roderick-Fitch, The Center Square) President Donald Trump says that increased military assets in the Middle East will remain in place and ready as the U.S. and Iran embark on negotiations, remaining on alert in case Iran violates the ceasefire.

“All U.S. Ships, Aircraft, and Military Personnel, with additional Ammunition, Weaponry, and anything else that is appropriate and necessary for the lethal prosecution and destruction of an already substantially degraded Enemy, will remain in place in, and around, Iran, until such time as the REAL AGREEMENT reached is fully complied with,” the president posted on Truth Social Thursday.

Trump is warning Iran if a deal isn’t made, the strikes will be more severe than the more than six weeks of attacks since the conflict began on Feb. 28.

“If for any reason it is not, which is highly unlikely, then the ‘Shootin’ Starts,’ bigger, and better, and stronger than anyone has ever seen before. It was agreed, a long time ago, and despite all of the fake rhetoric to the contrary – NO NUCLEAR WEAPONS and, the Strait of Hormuz WILL BE OPEN & SAFE. In the meantime our great Military is Loading Up and Resting, looking forward, actually, to its next Conquest,” Trump wrote.

Secretary of War Pete Hegseth shared a similar sentiment Wednesday during a Pentagon press briefing, signaling the U.S. is being cautious with Iran as negotiations are ongoing.

“We’ll stay put, stay vigilant,” Hegseth told reporters. “Our troops are prepared to defend, prepared to go on offense, prepared to restart at a moment’s notice with whatever target package would be needed in order to comply.” 

The military remains on alert as Vice President JD Vance, Special Envoy Steve Witkoff, and Jared Kushner will lead an American delegation in talks with Iran, set to begin over the weekend in Islamabad, Pakistan, with the first round scheduled for Saturday.

The talks come as the ceasefire appears shaky, with the reopening of the Strait of Hormuz becoming a flashpoint between Iran and much of the rest of the world.

Only six ships transited the strait in the first 24 hours since the ceasefire was announced, compared to an average daily of 140 ships, according to Reuters. Reports indicate only one ship contained oil, while the others were dry bulk carriers.

Melania Trump Denies Any Relationship with Jeffrey Epstein

(Sarah Roderick-Fitch, The Center Square) In a stunning statement, First Lady Melania Trump denied any relationship with the late disgraced financier Jeffrey Epstein, calling for complete transparency and justice for his victims.

“To be clear, I never had relations with Epstein or his accomplice [Ghislaine] Maxwell,” the first lady told reporters Thursday afternoon in the foyer of the White House. “I have never been friends with Epstein. Donald and I were invited to the same parties as Epstein from time to time.”

The first lady noted correspondence between herself and Maxwell, describing it as “casual.”

“My email reply to Maxwell cannot be categorized as anything more than casual correspondence,” Mrs. Trump said.

Mrs. Trump made it clear that Epstein did not introduce her to her husband, President Donald Trump, explaining that the couple met by “chance.”

She said any accusations connecting her to Epstein as “smears.”

“The false smears about me from mean-spirited and politically motivated individuals and entities looking to cause damage to my good name to gain financially and climb politically must stop,” said the first lady.

Mrs. Trump underscored the legal implications of the “baseless lies.”

“My attorneys and I have found this unfound and baseless lies with success and will continue to maintain my sound reputation without hesitation,” said the first lady. “To date, several individuals and companies have been legally obligated to publicly apologize and retract their lies about me, such as, Daily Beast, James Carville and Harper Collins UK.”

In her statement, the first lady called on Congress to act, while underscoring that “Epstein was not alone.”

It is unclear what prompted the statement.

Central Bank Gold Buying Has Slowed But the Bullish Case Remains

(Mike Maharrey, Money Metals News Service) Central bank gold buying has slowed significantly in the last few months. However, analysts at Metals Focus think this is a temporary reaction to current factors and not the beginning of a new trend.

Demand from central banks was a key factor driving the gold price up over the last few years.

While central bank gold purchases declined to 863.3 tonnes last year, they were still well above the 2010-2021 annual average of 473 tonnes.

In fact, 2025 was the fourth-largest expansion of central bank gold reserves on record. The all-time high was set in 2022 (1,136 tonnes). It was the highest level of net purchases on record, dating back to 1950, including since the suspension of dollar convertibility into gold in 1971.

In January, the gold price spiked to well over $5,000. Since then, there have been significant price pressures due to uncertainty created by the Iran conflict and worries about a surge of price inflation. As Metals Focus noted, gold sales by central banks, along with reports of “potential further disposals,” have also weighed on investor sentiment.

However, Metals Focus analysts said the selling is likely temporary.

“Indeed, even accounting for these sales, provisional data suggest that the official sector has remained a net bullion buyer this year-to-date. Elevated geopolitical risks should, if anything, reinforce the case for central banks to hold gold as a means of diversifying away from dollar-denominated assets.”

Turkey Leads Sellers

As we reported recently, Turkey has sold a significant amount of gold over the last month to support the lira.

According to data analyzed by Bloomberg, Turkish gold reserves showed a 6-tonne decline during the week of March 13 and 52.4 tonnes the following week. Based on Metals Focus data, Turkish gold reserves have declined another 79 tonnes since then, bringing total sales to 131 tonnes.

Rising energy prices due to the war are straining the Turkish central bank’s ability to maintain its strategy of slow lira depreciation. As energy prices rise, it increases demand for dollars (given that most oil contracts are priced in the U.S. currency). This increases the downward pressure on the lira. By selling gold and intervening with dollars, the Turkish central bank can maintain lira strength.

More than half of the decline in Turkish gold reserves was the result of gold swaps. As Bloomberg noted, “It’s not uncommon for central banks to sell spot gold and simultaneously agree to buy it back in the future via swap agreements, effectively granting them cheap dollar funding using the precious metal as collateral.

Meanwhile, Russia has been selling gold to support its economy as it struggles against aggressive sanctions due to its invasion of Ukraine. It sold 9 tonnes of gold in January and another 6 tonnes in February.

According to Metals Focus, “These sales are believed to involve the National Wealth Fund (NWF), with gold assets liquidated to help finance budget shortfalls.”

Ghana started selling gold before the chaos of the U.S.-Israel attack on Iran. The African nation’s gold reserves dropped nearly 50 percent from 38 to 19 tonnes between October and December of last year. Officials said the sales were for “portfolio rebalancing.” With the price of gold surging, gold exceeded 40 percent of the country’s total reserves.

Metals Focus put the changes in Ghana’s reserves into perspective.

“Purchasing domestic mine output and subsequently selling gold is not uncommon among central banks in gold-producing countries. Kazakhstan and Uzbekistan are notable examples, having been active on both sides of the market in recent years, albeit with a bias towards net accumulation. Looking ahead, as Ghana plans to expand purchases of domestically mined gold, more frequent two-way activity is likely.”

Poland has hinted at selling some of its gold holdings to finance defense spending. The country led all central banks last year, adding 102 tonnes to its reserves.

However, despite rumors that it might tap into its gold reserves, Poland was the biggest buyer in February, expanding its reserves by another 20 tonnes. This lifted the country’s gold reserves to 570 tonnes, making up 31 percent of its total reserves.

The Case for Expanding Gold Reserves Remains Intact

Looking ahead, even with a shaky ceasefire in place, uncertainty surrounding actions in Iran will likely continue. This will probably keep energy prices high and volatile over the next few months. Given this scenario, Metals Focus analysts said they cannot rule out more central bank gold selling and swaps to raise liquidity and support economies.

However, Metals Focus called these “short-term dynamics” and insisted that “the case for [central bank] portfolio diversification into gold remains intact, particularly for countries that are still underweight.

In fact, the conflict with Iran could exacerbate some of the dynamics that have driven central bank gold buying over the last few years, particularly concerns about the weaponization of the dollar and the United States’s borrowing and spending problem.

“If anything, the Iran conflict, alongside U.S. intervention in Venezuela, may signal a shift towards a more unilateral U.S. foreign policy stance, potentially amplifying geopolitical uncertainty in the years ahead. Combined with a deteriorating fiscal outlook across key economies and concerns over central bank independence, this should continue to enhance gold’s appeal as a portfolio diversifier.”


Mike Maharrey is a journalist and market analyst for Money Metals with over a decade of experience in precious metals. He holds a BS in accounting from the University of Kentucky and a BA in journalism from the University of South Florida.