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President Donald Trump’s House GOP critics are ripping the administration’s operation in Venezuela that resulted in the capture of the country’s president, Nicolás Maduro.

Rep. Thomas Massie, R-Ky., was the first to criticize the Trump administration’s operation in Venezuela, again breaking from the majority of his party and butting heads with the commander-in-chief.

Massie, a longtime critic of U.S. foreign intervention, appeared to question the legality of the federal government’s Venezuela strikes.

‘If this action were constitutionally sound, the Attorney General wouldn’t be tweeting that they’ve arrested the President of a sovereign country and his wife for possessing guns in violation of a 1934 U.S. firearm law,’ Massie posted to X on Saturday morning.

The Department of Justice (DOJ) unsealed a four-count indictment against Maduro after Trump confirmed the U.S. took custody of the Venezuelan leader and his wife following strikes in the capital of Caracas.

Attorney General Pam Bondi said in a statement those charges were ‘Narco-Terrorism Conspiracy, Cocaine Importation Conspiracy, Possession of Machineguns and Destructive Devices, and Conspiracy to Possess Machineguns and Destructive Devices against the United States.’

It’s not immediately clear what Maduro’s wife, Celia Flores, has been charged with.

In a follow-up posted on the charges, Massie said, ’25-page indictment but no mention of fentanyl or stolen oil. Search it for yourself.’

Trump said on Fox News that Maduro and Flores were being flown to the U.S.S. Iwo Jima, which will bring them to the U.S. where they will face criminal proceedings led by the Southern District of New York.

Massie’s criticism was followed by scathing comments by Rep. Marjorie Taylor Greene, R-Ga., another Trump critic who is retiring from Congress early next week before finishing her term.

‘If U.S. military action and regime change in Venezuela was really about saving American lives from deadly drugs, then why hasn’t the Trump admin taken action against Mexican cartels? And if prosecuting narco terrorists is a high priority, then why did President Trump pardon the former Honduran President Juan Orlando Hernández, who was convicted and sentenced for 45 years for trafficking hundreds of tons of cocaine into America?’ part of Greene’s statement read.

‘The next obvious observation is that by removing Maduro this is a clear move for control over Venezuelan oil supplies that will ensure stability for the next obvious regime change war in Iran. And of course, why is it ok for America to militarily invade, bomb, and arrest a foreign leader, but Russia is evil for invading Ukraine and China is bad for aggression against Taiwan? Is it only ok if we do it? (I’m not endorsing Russia or China).’

Meanwhile, Rep. Don Bacon, R-Neb., praised the operation itself but expressed concerns about what precedent is being set.

‘My main concern now is that Russia will use this to justify their illegal and barbaric military actions against Ukraine, or China to justify an invasion of Taiwan,’ Bacon said in a statement. ‘Freedom and rule of law were defended last night, but dictators will try to exploit this to rationalize their selfish objectives.’

Bacon is also retiring from Congress, but unlike Greene, he is serving out his full term.

The vast majority of Republican lawmakers unequivocally backed the operation, as expected. 

Senate Majority Leader John Thune, R-S.D., and House Speaker Mike Johnson, R-La., both said they expected congressional briefings from the Trump administration in the coming days when lawmakers return from a two-week recess. 

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Venezuelan opposition leader María Corina Machado issued an open call for a transfer of power Saturday, urging the military to abandon Nicolás Maduro’s government and recognize opposition-backed candidate Edmundo González as president after the U.S. said Maduro had been captured.

Machado’s statement came hours after President Donald Trump announced that U.S. forces had captured Maduro following what he described as ‘large-scale’ military strikes targeting the Venezuelan government. Trump said Maduro and his wife were flown out of the country, a move that would mark the most direct U.S. military action against a Latin American head of state in decades.

‘The hour of freedom has arrived,’ wrote in a post on X. ‘This is the hour of the citizens. Those of us who risked everything for democracy on July 28th. Those of us who elected Edmundo González Urrutia as the legitimate President of Venezuela, who must immediately assume his constitutional mandate and be recognized as Commander-in-Chief of the National Armed Forces by all the officers and soldiers who comprise it.’

It remained unclear Saturday whether senior commanders have shifted allegiance or whether the opposition has secured control of state institutions.

Machado also called on Venezuelans inside the country to remain ‘vigilant, active and organized,’ signaling that further instructions would be communicated through official opposition channels. To Venezuelans abroad, she urged immediate mobilization to pressure foreign governments to recognize a new leadership in Caracas.

The U.S. conducted strikes on Caracas early Saturday morning and took Maduro and his wife into custody and flew them to New York to face drug trafficking charges.

Machado and González have repeatedly argued that the July 28 presidential election was stolen, pointing to an opposition-run parallel vote count that they say shows González won by a wide margin.

Venezuela’s electoral authorities, which are controlled by Maduro allies, declared him the winner with just under 52% of the vote, compared with roughly 43% for González. The government has rejected allegations of fraud.

The opposition, however, says it collected and published tally sheets from polling stations nationwide showing González received about two-thirds of the vote, compared with roughly 30% for Maduro — a claim cited by several foreign governments that declined to recognize the official results.

Maduro’s government has refused to release detailed precinct-level data to independently verify the outcome, further fueling accusations that the election did not reflect the will of voters.

While González is the opposition-backed presidential candidate, Machado has remained the dominant figure in Venezuela’s opposition movement. Machado won the opposition’s primary by a landslide before being barred from running by Maduro’s government, forcing the coalition to rally behind González as a substitute candidate.

Throughout the campaign, González publicly acknowledged Machado as the movement’s leader, with Machado continuing to direct strategy, messaging and voter mobilization efforts. Machado has remained the public face of the opposition, while González has largely played a formal, constitutional role tied to the presidency.

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The Venezuelan dictator captured by the Trump administration worked as a bus driver and union organizer before his ascent through the South American country’s political system, where he ultimately became a wanted man by the U.S. with a $50 million reward for information leading to his arrest. 

Nicolás Maduro was ‘captured and flown out of the country’ early Saturday following a ‘large-scale strike’ by the U.S. military, according to President Donald Trump

The actions mark a stunning fall for Maduro, who was serving his third term as president of Venezuela. He led an administration that grappled with economic challenges, mass protests, disputed election results and allegations of narco-trafficking. 

Maduro was born in Venezuela’s capital of Caracas on Nov. 23, 1962. As a young man, he was sent to communist Cuba in 1986 for a year of ideological instruction — his only studies after high school.

Upon returning home, Maduro found work as a bus driver and union organizer. He embraced the late Venezuelan President Hugo Chávez after the then-army paratrooper in 1992 staged a failed coup against an unpopular austerity government. Around the same time, he met his longtime partner, Cilia Flores, a lawyer for the jailed leader. 

After Chávez was freed and elected president in 1998, Maduro, a young lawmaker, helped push his agenda of redistributing the OPEC nation’s oil wealth and political power. 

In 2000, Maduro was elected to Venezuela’s National Assembly. He later became the president of the National Assembly in 2005.

Then in 2006, Chávez appointed Maduro as Venezuela’s foreign minister. Six years later, Maduro was appointed as Venezuela’s vice president. 

When Maduro took power in 2013 following his mentor’s death from cancer, he struggled to bring order to the grief-stricken nation. Without ‘El Comandante’ in charge, the economy entered a death spiral — shrinking 71% from 2012 to 2020, with inflation topping 130,000% — and opponents and rivals inside the government saw an opportunity. 

Less than a year into Maduro’s presidency, hardliner opponents launched demonstrations demanding his exit.

Leaning heavily on Venezuela’s security forces, Maduro crushed the protests. However, with supermarket shelves empty amid widespread shortages, they resumed with more intensity three years later, leaving more than 100 people dead. In 2018, the International Criminal Court initiated a criminal investigation into possible crimes against humanity. 

The crackdown continued into the 2018 presidential race, which the opposition boycotted when several of its leaders were barred from running. Dozens of countries led by the U.S. condemned Maduro’s first re-election as illegitimate and recognized Juan Guaidó, the head of the National Assembly, as Venezuela’s elected leader. 

‘Since 2019, more than 50 countries, including the United States, have refused to recognize Maduro as Venezuela’s head of state,’ the State Department said in a profile of Maduro on its website.

‘Maduro helped manage and ultimately lead the Cartel of the Suns, a Venezuelan drug-trafficking organization comprised of high-ranking Venezuelan officials. As he gained power in Venezuela, Maduro participated in a corrupt and violent narco-terrorism conspiracy with the Revolutionary Armed Forces of Colombia (FARC), a designated Foreign Terrorist Organization,’ it added.  

‘Maduro negotiated multi-ton shipments of FARC-produced cocaine; directed the Cartel of the Suns to provide military-grade weapons to the FARC; coordinated with narcotics traffickers in Honduras and other countries to facilitate large-scale drug trafficking; and solicited assistance from FARC leadership in training an unsanctioned militia group that functioned, in essence, as an armed forces unit for the Cartel of the Suns,’ the State Department continued. 

‘In March 2020, Maduro was charged in the Southern District of New York for narco-terrorism, conspiracy to import cocaine, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices,’ it also said.

Maduro was re-elected again in 2024 in another disputed election. 

‘Given the overwhelming evidence, it is clear to the United States and, most importantly, to the Venezuelan people that Edmundo González Urrutia won the most votes in Venezuela’s July 28 presidential election,’ then-Secretary of State Antony Blinken said at the time. 

Maduro then delivered a fiery inauguration speech in January 2025, likening himself to a biblical David fighting Goliath and accusing his opponents and their supporters in the U.S. of trying to turn his inauguration into a ‘world war.’ 

He said his enemies’ failure to block his inauguration to a third six-year term was ‘a great victory’ for Venezuela’s peace and national sovereignty. 

‘I have not been made president by the government of the United States, nor by the pro-imperialist governments of Latin America,’ he said, after being draped with a sash in the red, yellow and blue of Venezuela’s flag. ‘I come from the people, I am of the people, and my power emanates from history and from the people. And to the people, I owe my whole life, body and soul.’ 

Months later, Attorney General Pam Bondi announced a $50 million reward for information leading to Maduro’s arrest.

‘Maduro uses foreign terrorist organizations like TdA (Tren de Aragua), Sinaloa and Cartel of the Suns (Cartel de Soles) to bring deadly violence to our country,’ Bondi said in a video message in August 2025. ‘He is one of the largest narco-traffickers in the world and a threat to our national security.’ 

Fox News’ Michael Sinkewicz, Lucas Y. Tomlinson, Louis Casiano and The Associated Press contributed to this report. 

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A super PAC aligned with President Donald Trump has nearly $300 million in its war chest heading into the 2026 midterms, according to records filed with the Federal Election Commission (FEC) on Thursday.

MAGA Inc. reported $294 million in cash on hand in its latest campaign finance disclosure, which the super PAC said will be used to support candidates aligned with the president’s agenda.

‘Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda of securing our border, keeping our streets safe, supercharging our economy, and making life more affordable for all Americans,’ a MAGA Inc. spokesperson said in a statement, according to the New York Post.

The super PAC raised $102 million in the second half of 2025, including 25 donations of at least $1 million.

The largest contribution came from OpenAI president and co-founder Greg Brockman, who donated $25 million in September.

Brockman said in a post on X this week that he had become more politically active in 2025, including through political contributions that reflect ‘support for policies that advance American innovation and constructive dialogue between government and the technology sector.’

The fundraising haul came even though Trump is not on the ballot this year, underscoring the super PAC’s focus on supporting Republicans in upcoming races.

MAGA Inc. did not play a significant role in the 2022 midterms, opting instead to save its money for Trump’s 2024 campaign.

The super PAC spent $456 million supporting Trump’s bid to return to the White House, according to OpenSecrets, a nonprofit organization that tracks campaign finance data.

MAGA Inc. launched ads in November backing Republican candidate Matt Van Epps, who was endorsed by Trump and went on to defeat Democrat Aftyn Behn in a Tennessee congressional race.

Elon Musk, the billionaire technology entrepreneur and chief executive of SpaceX and Tesla, has signaled an openness to supporting Republican candidates in the midterms.

‘America is toast if the radical left wins,’ he posted on X on Thursday. ‘They will open the floodgates to illegal immigration and fraud.’

Fox News Digital’s Paul Steinhauser contributed to this report.

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Vice President JD Vance was not physically present at President Donald Trump’s news conference announcing the capture of Venezuelan leader Nicolás Maduro because of heightened security and secrecy concerns, according to a spokesperson, despite being closely involved in the planning and execution of the operation.

Trump briefed the press on the mission hours after Maduro was taken into U.S. custody, flanked by Secretary of State Marco Rubio, War Secretary Pete Hegseth and chairman of the joint chiefs, Gen. Dan Caine. 

Vance publicly praised the operation on X but did not attend the briefing. Vance did meet with Trump at Mar-a-Lago on Friday to discuss the strikes, but was not at Trump’s golf club Friday night where senior Trump officials monitored the mission because the national security team ‘was concerned a late-night motorcade movement by the Vice President while the operation was getting underway may tip off the Venezuelans.’ 

‘The Vice President joined by secure video conference throughout the night to monitor the operation. He returned to Cincinnati after the operation concluded.’

Due to ‘increased security concerns,’ Trump and Vance are limiting the ‘frequency and duration’ of time they spend together outside of the White House, the Vance spokesperson told Fox News Digital. 

‘Maduro is the newest person to find out that President Trump means what he says,’ Vance wrote on X after the operation was made public. 

‘And PSA for everyone saying this was ‘illegal’: Maduro has multiple indictments in the United States for narco-terrorism. You don’t get to avoid justice for drug trafficking in the United States because you live in a palace in Caracas,’ he wrote in a separate post. 

Trump, during his news conference, revealed that the U.S. will ‘run’ Venezuela until a ‘safe, orderly’ transition of power can take place. 

Pressed on whether U.S. forces would remain inside the country, Trump did not rule out a sustained troop presence. ‘They always say boots on the ground – so we’re not afraid of boots on the ground if we have to,’ he said, confirming U.S. troops were already involved ‘at a very high level’ during the operation. 

Trump noted Venezuela’s vice president had been ‘picked by Maduro,’ but said U.S. officials were already engaging with her. ‘She’s essentially willing to do what we think is necessary to make Venezuela great,’ Trump said, adding that the issue was being handled directly by his team.

Venezuelan Vice President Delcy Rodriguez has been sworn in as Maduro’s successor, and Trump did not say whether the U.S. will move to install opposition leaders Maria Corina Machado and Edmundo Urutia-Gonzalez. 

Vance, in the past, has voiced skepticism of U.S. interventions. 

In a Signal chat leaked after the Houthi strikes last March, Vance told a group of Trump Cabinet officials, ‘I think we are making a mistake.’

‘[Three] percent of U.S. trade runs through the Suez Canal. Forty percent of European trade does. There is a real risk that the public doesn’t understand this or why it’s necessary,’ Vance said. 

‘I am not sure the president is aware how inconsistent this is with his message on Europe right now.’

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Cuban leaders should be concerned following the U.S. military operation in Venezuela and the arrest of Nicolás Maduro, Secretary of State Marco Rubio said Saturday, as President Donald Trump signaled that his administration could shift its focus to the Caribbean island.

Cuba has long maintained a presence in Venezuela, with intelligence agents and security personnel embedded amid close relations between Havana and Caracas.

Rubio, the son of Cuban immigrants, said Venezuela’s spy agency was ‘basically full of Cubans,’ as was Maduro’s security detail.

‘One of the biggest problems Venezuelans have is they have to declare independence from Cuba,’ he said during a news conference in which officials revealed details of the military operation. ‘They tried to basically colonize it from a security standpoint.’

He added that the communist island was ‘a disaster. It’s run by incompetent, senile men — and in some cases, not senile, but incompetent nonetheless.’

The secretary has repeatedly denounced Cuba and its leadership as a dictatorship and a failed state.

‘If I lived in Havana, and I was in the government, I’d be concerned — at least a little bit,’ Rubio said.

Trump said Cuba was something his administration would ‘end up talking about because Cuba is a failing nation right now — a very badly failing nation.’

‘And we want to help the people,’ he added. ‘It’s very similar in the sense that we want to help the people in Cuba, but we also want to help the people who were forced out of Cuba and are living in this country.’

Maduro and his wife, Cilia Flores, were taken by U.S. forces and brought aboard the USS Iwo Jima. They were expected to be transported to the U.S. to face federal charges.

The couple, along with other Venezuelan officials, face ‘drug trafficking and narco-terrorism conspiracies,’ according to an unsealed indictment posted on social media Saturday by U.S. Attorney General Pam Bondi.

They are accused of partnering with drug cartels to traffic drugs into the U.S.

Maduro and his wife ‘will soon face the full wrath of American justice on American soil in American courts,’ Bondi wrote.

They are charged with narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices against the U.S.

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Former Vice President Kamala Harris on Saturday evening condemned the Trump administration’s capture of Venezuelan dictator Nicolás Maduro and his wife, calling the operation both ‘unlawful’ and ‘unwise.’

In a lengthy post on X, Harris acknowledged that Maduro is a ‘brutal’ and ‘illegitimate’ dictator but said that President Donald Trump’s actions in Venezuela ‘do not make America safer, stronger, or more affordable.’

‘Donald Trump’s actions in Venezuela do not make America safer, stronger, or more affordable,’ Harris wrote. ‘That Maduro is a brutal, illegitimate dictator does not change the fact that this action was both unlawful and unwise. We’ve seen this movie before.

‘Wars for regime change or oil that are sold as strength but turn into chaos, and American families pay the price.’

Harris made the remarks hours after the Trump administration confirmed that Maduro and his wife were captured and transported out of Venezuela as part of ‘Operation Absolute Resolve.’

The former vice president also accused the administration of being motivated by oil interests rather than efforts to combat drug trafficking or promote democracy.

‘The American people do not want this, and they are tired of being lied to. This is not about drugs or democracy. It is about oil and Donald Trump’s desire to play the regional strongman,’ Harris said. ‘If he cared about either, he wouldn’t pardon a convicted drug trafficker or sideline Venezuela’s legitimate opposition while pursuing deals with Maduro’s cronies.’

Harris, who has been rumored as a potential Democratic contender in the 2028 presidential race, additionally accused the president of endangering U.S. troops and destabilizing the region.

‘The President is putting troops at risk, spending billions, destabilizing a region, and offering no legal authority, no exit plan, and no benefit at home,’ she said. ‘America needs leadership whose priorities are lowering costs for working families, enforcing the rule of law, strengthening alliances, and — most importantly — putting the American people first.’

Maduro and his wife arrived at the Metropolitan Detention Center in Brooklyn late Saturday after being transported by helicopter from the DEA in Manhattan after being processed.

Earlier in the day, Trump said that the U.S. government will ‘run’ Venezuela ‘until such time as we can do a safe, proper and judicious transition.’

Harris’ office did not immediately respond to Fox News Digital’s request for comment.

Fox News Digital’s Jasmine Baehr contributed to this report.

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To kick it off, our team asked nine experts to share their highest-conviction sectors.

Here’s what they had to say.

1. John Rubino — Silver

2. Peter Schiff — Silver, mining stocks

Peter Schiff of Euro Pacific Asset Management and Schiff Gold mentioned silver too, although he also said he sees mining stocks overall doing well.

3. Craig Hemke — Silver-mining stocks

Similarly, Craig Hemke of TFMetalsReport.com is bullish on silver, but said his choice for top-performing asset of 2026 would be silver-mining stocks.

4. Byron King — Gold

5. Chris Temple — Uranium

6. Lobo Tiggre — Copper

7. Rick Rule — Oil/gas, small-scale community banks in the US

Unsurprisingly, Rick Rule of Rule Investment Media went outside the box.

8. Gareth Soloway — ‘Defensive names’ like Pfizer (NYSE:PFE)

Gareth Soloway of VerifiedInvesting.com also had an alternate take. Although he believes gold will perform well in 2026, he said it won’t necessarily be the top-performing asset.

9. Clem Chambers — Intel (NASDAQ:INTC)

Finally, Clem Chambers of aNewFN.com spoke about why he sees promise in Intel.

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

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After a steep decline during the first half of 2025, the zinc price is ending the year close to where they started.

Because it’s used to make galvanized steel, the majority of zinc demand is closely tied to housing and manufacturing sectors, which have recently faced pressures from a combination of high inflation and interest rates.

Additional pressures have come from an evolving US trade policy, causing uncertainty among investors who turned away from real estate and consumers who reduced spending.

What happened to the zinc price in 2025?

The zinc price was relatively flat at the start of 2025, beginning the year at US$2,927 per metric ton (MT) on January 2 and closing the first quarter at US$2,855 on March 30. However, the second quarter brought a broad rout for base metals prices, and by April 9 zinc had fallen to a yearly low of US$2,562.

Since then, zinc has gained steadily, ending the second quarter at US$2,753 on June 30. The price rise continued through Q3 and Q4, with zinc reaching US$2,954 on September 30 and US$3,088 on December 29.

Zinc price, 2025.

Chart via the London Metal Exchange.

Key trends for zinc in 2025

As mentioned, zinc saw a major price decline at the start of April, falling 14 percent as the base metals sector responded to US President Donald Trump’s “Liberation Day” tariffs announcement.

At the time, analysts predicted that the proposed reciprocal tariffs could trigger a recession, impacting consumer spending on new homes and cars, both of which have significant inputs of galvanized steel.

While the threat of a significant global recession eased as the proposed tariffs were dialed back, considerable uncertainty among both investors and consumers remained. This was evident in the US housing market, where affordability challenges persist, leading to stagnation in new housing starts and a glut of unsold homes.

Likewise, a stalled Chinese housing market persisted throughout 2025. The country’s real estate market collapsed in 2020 as Evergrande and Country Garden filed for bankruptcy. Over the past five years, the government has implemented several measures to stimulate the beleaguered sector, but they have had little effect.

According to CNBC, November sales from China’s top 100 developers declined 36 percent over 2024, and were down 19 percent through the first 11 months of 2025 — a ‘real and concerning’ worsening.

Against that backdrop, the International Lead and Zinc Study Group (ILZSG) is predicting a 2025 zinc market surplus of 85,000 MT in 2025. It notes that during the first 10 months of the year, zinc mine production rose to 10.51 million MT, up from 9.87 million MT in 2024. Refined zinc production was also up, rising slightly to 11.52 million MT from 11.12 million MT in the same period last year. Zinc demand reached 11.44 million MT, up from 11.19 million MT in 2024.

Despite the oversupply situation, London Metal Exchange (LME) stockpiles fell from 230,325 MT on January 2 to just 33,825 MT on November 1. The gap has since widened again, reaching 52,025 MT on November 28.

Zinc surplus expected in 2026

Oversupply is likely to persist as newly mined metals enter the market, while demand growth remains modest.

The ILZSG is predicting that global refined zinc demand will increase by 1 percent to 13.86 million MT in 2026.

The group notes that while it anticipates sees Chinese demand posting a 1.3 percent gain in 2025, it believes usage from the country will be flat in 2026 as the slump in the Chinese real estate sector persists into 2027.

Additional challenges are arising from a slowdown in the US housing market, as new buyers face high home prices and elevated mortgage rates. However, policy proposals from the Trump administration on December 17 could give the sector a much-needed boost and potentially increase downstream demand for zinc.

Likewise, European zinc demand is likely to grow next year following predicted 0.7 percent growth in 2025.

However, the ILZSG is predicting a more significant upward trend in zinc mine supply in 2026 — the organization is anticipating that output will increase by 2.4 percent to 12.8 million MT. This will come on the back of higher output from existing operations in Europe, Australia, Brazil, the Democratic Republic of Congo and China.

Additional zinc supply will come from a recent restart at the Almina-Minas Aljustrel mine in Portugal, commissioning of Bunker Hill Mining’s (CSE:BNKR,OTCQB:BHLL) namesake mine in Idaho, and the start of commercial production at the Xinjiang Huoshaoyun mine in China, which will be the sixth largest lead-zinc mine in the world.

Refined zinc output is also expected to increase by 2.4 percent in 2026, reaching 14.13 million MT from the anticipated 13.8 million MT in 2025. The higher levels are owed to the greater availability of concentrates in Brazil, Canada, Norway and China. Overall, the ILZSG predicts a global zinc supply surplus of 271,000 MT in 2026.

Zinc price forecast for 2026

In terms of the zinc price in 2026, a December report from Fastmarkets suggests that upward momentum from the 2025 LME average of US$3,218 is expected to continue through the first half of the year.

The firm points to regional disparities as Chinese production runs at a surplus, while the rest of the world falls short.

However, the expectation is that the zinc market will achieve a better balance in the second half of the year and into 2027 as global surpluses begin to emerge. Zinc prices are then seen declining as a result.

For its part, Morgan Stanley (NYSE:MS) recently revised its zinc price outlook for 2026, calling for a yearly average of US$2,900 for the base metal, as per a mid-December Reuters article.

Additionally, according to a November Argus report, long-term zinc contracts have slowed amid low LME inventories, creating near-term uncertainty and driving prices higher.

Argus suggests that manufacturers have been slow to issue sales orders, which has caused uncertainty among producers, leaving them to take a wait-and-see approach to determine if low inventories persist.

It’s also important to note that zinc is listed as a critical mineral in the US for its use in the production of galvanized steel for infrastructure and defense projects. The US has already given South32’s (ASX:S32,OTC Pink:SHTLF) Hermosa project FAST-41 approval, giving it access to streamlined regulatory processes.

With building regional disparities and a tense relationship between the US and China, the world’s top zinc producer, a deteriorating trade status could be a boon for US and western producers of the metal.

However, as long as refined supply of zinc remains in surplus against a backdrop of weak demand growth, investors can expect more of the same from zinc markets in the near term. This may open up opportunities for patient or less risk-averse investors who are willing to take a wait-and-see approach to how the market evolves.

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

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President Donald Trump kicked off 2026 by claiming that White House doctors gave him another clean bill of health.

‘The White House Doctors have just reported that I am in ‘PERFECT HEALTH,’ and that I ‘ACED’ (meaning, was correct on 100% of the questions asked!), for the third straight time, my Cognitive Examination, something which no other President, or previous Vice President, was willing to take,’ Trump wrote in a Truth Social post on Friday.

‘P.S., I strongly believe that anyone running for President, or Vice President, should be mandatorily forced to take a strong, meaningful, and proven Cognitive Examination,’ he added. ‘Our great Country cannot be run by ‘STUPID’ or INCOMPETENT PEOPLE!’

Trump, who will turn 80 on June 14, 2026, has faced growing scrutiny over his health, something that was the focus of his recent interview with The Wall Street Journal. He told the newspaper that he regretted undergoing advanced imaging in October, saying it gave way to increased questions about his health.

‘In retrospect, it’s too bad I took it because it gave them a little ammunition,’ Trump told the Journal. ‘I would have been a lot better off if they didn’t, because the fact that I took it said, ‘Oh gee, is something wrong?’ Well, nothing’s wrong.’

In October, Trump had a cardiovascular and abdominal scan, something that Navy Capt. Sean P. Barbabella, the physician to the president, noted in a memorandum to White House press secretary Karoline Leavitt.

In his report, Barbabella stated that the evaluation, which he described as being part of the president’s ‘ongoing health maintenance plan,’ included advanced imaging, lab tests and preventative health assessments. Barbabella stated that ‘Trump continues to demonstrate excellent overall health’ and noted that the president ‘continues to maintain a demanding daily schedule without restriction.’

Leavitt read Barbabella’s report during a press briefing on Dec. 1. The summary that Leavitt read clarified that, ‘Advanced imaging was performed because men in his age group benefit from a thorough evaluation of cardiovascular and abdominal health.’ The summary noted that the imaging was done as a preventative measure ‘to identify any issues early, confirm overall health and ensure the president maintains long term vitality and function.’

The summary noted that Trump’s cardiovascular and abdominal imaging were ‘perfectly normal.’ Additionally, it said that ‘all major organs appear very healthy.’

While Trump maintained that scrutiny and speculation about his health were unwarranted, the Journal reported that those close to the president said they had to speak loudly in meetings because he struggles to hear. The outlet also noted that the president has been criticized for seeming to fall asleep during recent White House events, something Trump denies.

Trump told the Journal that he didn’t fall asleep at recent events, saying that he likes to close his eyes because he finds it ‘very relaxing.’ He also blamed some of the incidents on photo timing, saying that, ‘Sometimes they’ll take a picture of me blinking, blinking, and they’ll catch me with the blink.’

The president also denied that he struggles with his hearing. The Journal reported that ‘Trump grew sarcastic’ when asked about it, saying ‘I can’t hear you. I can’t hear you. I can’t hear a word you’re saying.’ He then said that he sometimes has trouble hearing ‘when there’s a lot of people talking.’

Health was a central issue of the 2024 presidential race, particularly before then-President Joe Biden dropped out. Trump has often accused Biden of concealing the true extent of his health issues with the public. 

Speculation about Biden’s struggles were fueled by his lack of interactions with the press and reluctance to take part in unscripted exchanges. The 46th president’s apparent cognitive issues became increasingly clear when he struggled during a debate with Trump in June 2024. During the debate, Biden appeared to lose his train of thought and stumbled over words.

The White House did not immediately respond to Fox News Digital’s request for comment.

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