Sarama Resources (SRR:AU) has announced Completion of Tranche 1 Equity Placement & Cleansing Notice
Download the PDF here.
Sarama Resources (SRR:AU) has announced Completion of Tranche 1 Equity Placement & Cleansing Notice
Download the PDF here.
Silver is a notoriously volatile metal capable of wide price swings in either direction. However, the metal is also seen by many as a safe-haven investment and a hedge against inflation.
While investing in silver bullion is one popular method for gaining exposure, silver-mining companies offer another route.
Silver-mining companies with strong balance sheets and experienced management teams are able to capitalize on high silver prices and weather the storm of low silver prices. Some of the most profitable silver-mining companies are even able to offer investors dividends, which may be appealing for those who are in it for the long haul.
Dividends are especially attractive in the often-unstable mining sector because they give investors a degree of security — if a company pays a dividend, it generally feels that it has the cash to do so and believes it will have the ongoing profits it needs to keep those payments coming.
There are several dividend-paying silver stocks for investors to choose from. The companies below are ordered by dividend yield, and all data is current as of June 19, 2025.
LSE market cap: GBP 10.66 billion
Dividend yield: 1.71 percent
Major miner Fresnillo bills itself as the world’s leading primary silver producer and a significant gold producer. Its precious metals operations are all located in Mexico, including the Fresnillo mine, which is the largest primary silver mine in the world. It also holds a portfolio of exploration prospects in the country and silver streaming contracts.
Fresnillo’s attributable output from its mines for the full 2024 year came to 56.3 million ounces of silver and 610,646 ounces of gold. The company’s reported mine production for the the first quarter of 2025 comes to 12.4 million ounces of silver and 156,100 ounces of gold.
Dividends from the company are paid in pounds sterling unless shareholders elect to be paid in US dollars. This silver stock pays two dividends per year, with the dividend split unevenly between the two; one third is paid in the interim dividend and two-thirds in the final dividend. Its dividend policy takes business profitability and underlying earnings growth into account, as well as capital requirements and cash flow.
Most recently, Fresnillo paid its 2024 final dividend of 19.6521 pence, or US$0.261, on May 30, 2025. Additionally, due to its 2024 financial performance, including revenue growth of 26.9 percent, the company paid a special one-off dividend of 31.4736 pence, or US$0.418 per share, the same day. This made 2024 Fresnillo’s highest recorded dividend payout year yet.
TSX market cap: C$14.39 billion
NYSE market cap: US$10.55 billion
Dividend yield: 1.41 percent
Founded by Ross Beaty in 1994, Pan American Silver currently operates four primary silver mines, which are located in Mexico, Peru, Bolivia and Argentina. It also has a portfolio of gold mines produce silver as a by-product.
The company’s 2024 silver production came in at 21.1 million ounces alongside 892,000 ounces of gold. For Q1 this year, output reached a total of 5 million ounces of silver and 182,200 ounces of gold.
In May, Pan American announced a definitive agreement to acquire silver producer MAG Silver (TSX:MAG,NYSEAMERICAN:MAG), which owns a 44 percent interest in the large-scale, high-grade Juanicipio mine, operated by Fresnillo.
The highest dividend Pan American has ever paid is US$0.125 per share, and it was able to pay a dividend of that amount a noteworthy nine times in a row between March 18, 2013, and March 13, 2015. The silver stock paid its most recent quarterly dividend on June 2, 2025, at US$0.10 per share.
TSX market cap: C$56.63 billion
NYSE market cap: US$41.58 billion
Dividend yield: 0.71 percent
Wheaton Precious Metals is a well-known name in the silver space largely because of its business model — it is the world’s biggest precious metals streaming company.
Streaming companies operate differently from miners, making upfront payments to a variety of metals companies in order to gain the right to purchase all or a portion of their metal production at a low, fixed cost.
The company currently has streaming agreements in place for 18 operating mines and 28 development-stage projects. It is interested in companies operating in politically stable jurisdictions, and states that its value should rise with the price of silver and gold. As a result, Wheaton sees itself offering investors multiple benefits while reducing many of the downside risks that traditional miners face.
Wheaton pays a quarterly dividend. So far in 2025, it has already made two dividend payments of US$0.165 per share, with the latest payment on June 10, 2025.
TSX market cap: C$1.29 billion
NYSE market cap: US$950.85 million
Dividend yield: 0.59 percent
Silvercorp Metals operates the Gaocheng and Ying silver-mining operations in China, and is also focused on acquiring and growing underdeveloped projects with high upside.
Its silver production for its 2025 fiscal year ended March 31 came in at approximately 6.95 million ounces, and the company also produced 7,495 ounces of gold. The company’s 2026 production guidance is set at 7.38 million to 7.6 million ounces of silver and 9,100 to 10,400 ounces of gold.
Silvercorp offers shareholders a semiannual dividend, which it states is “based on a number of factors including commodity prices, market conditions, financial results, cash flows from operations, expected cash requirements and other relevant factors.” Its most recent dividend was paid on June 26, 2025, at a rate of US$0.0125 per share.
NYSE market cap: US$3.76 billion
Dividend yield: 0.59 percent
Last on this list of silver stocks that pay dividends is Hecla Mining Company, which wholly owns and operates four mines and has a large exploration portfolio. The oldest precious metals miner in North America, Hecla is also the largest primary silver producer in the US and Canada and the third largest in the world.
In the US, Hecla operates the Greens Creek and Lucky Friday silver mines, located in Alaska and Idaho respectively. As for Canada, Hecla has the Keno Hill silver mine in the Yukon’s Keno Hill silver district, which is home to some of the world’s highest silver grades, as well as the Casa Berardi gold-silver mine in Québec.
Hecla reported 2024 production of 16.2 million ounces of silver, the second highest in the company’s history, and 142,000 ounces of gold. As for Q1 2025, the company produced 4.1 million ounces of silver and 34,242 ounces of gold.
Hecla pays an annual minimum common stock dividend, distributing it on a quarterly basis. Its dividends previously included a silver-linked component, but the company removed this in February 2025 in part to refocus the capital on growth opportunities.
Currently, the company’s annual minimum common stock dividend is set at US$0.015 per share, divided into quarterly payments of US$0.00375. Its most recent payment was on June 10, 2025.
Hecla also pays a quarterly US$0.875 per share dividend for its Series B cumulative convertible preferred stock, which it states is typically paid on January 1, April 1, July 1 and October 1.
Dividend stocks regularly pay a sum of money to a class of shareholders out of the company’s earnings. To qualify for a dividend payout, an investor must have owned the stock on the ex-dividend date.
Dividends are often issued as cash payments sent to a shareholder’s brokerage account, but can also be issued as stock or discounts on share purchases.
You can invest in dividend-paying stocks through a stock broker or stock platform, and a stock broker can offer advice on how to take advantage of companies offering dividend programs. Some dividend stocks may also offer a dividend reinvestment program, allowing shareholders to automatically buy new shares with their dividends, either commission-free or at a reduced cost.
A company’s board of directors is responsible for setting a dividend policy and will determine the size of the dividend payout based on the firm’s long-term revenue outlook.
The size of an individual shareholder’s dividend payout depends on the number of shares owned in that company. For example, if an investor owned 1,000 shares of Wheaton Precious Metals, which is currently paying a dividend of US$0.165 per share, they would get US$165 every quarter, totaling US$660 annually.
There are no physical backed Silver ETFs with dividends. However, ETFs that track dividend-paying silver stocks such as those listed above may offer the potential for dividend income. A few examples of are Global X Silver Miners ETF (ARCA:SIL), and iShares MSCI Global Silver and Metals Miners ETF (BATS:SLVP).
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
GTI Energy (GTR:AU) has announced Placement Shares Issued & Drilling Approval Expected August
Download the PDF here.
Brightstar Resources (BTR:AU) has announced Drilling recommences at Yunndaga
Download the PDF here.
Mark O’Byrne, managing director at Tara Coins, shares his outlook for gold and silver.
He sees much higher prices long term and expects gold to rise to at least US$10,000 per ounce; for silver, O’Byrne believes US$100 to US$150 per ounce is a ‘conservative’ target.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking its 11th year.
For the first time, Seattle-based Amazon is holding the now-misnamed Prime Day over four days. The e-commerce giant’s promised blitz of summer deals for Prime members started at 3:01 a.m. Eastern time on Tuesday and ends early Friday.
Amazon launched Prime Day in 2015 and expanded it to two days in 2019. The company said this year’s longer version would have deals dropping as often as every 5 minutes during certain periods.
Prime members ages 18-24, who pay $7.49 per month instead of the $14.99 that older customers not eligible for discounted rates pay for free shipping and other benefits, will receive 5% cash back on their purchases for a limited time.
Amazon executives declined to comment on the potential impact of tariffs on Prime Day deals. The event is taking place two and a half months after an online news report sparked speculation that Amazon planned to display added tariff costs next to product prices on its website.
White House Press Secretary Karoline Leavitt denounced the purported change as a “hostile and political act” before Amazon clarified the idea had been floated for its low-cost Haul storefront but never approved.
Amazon’s past success with using Prime Day to drive sales and attract new members spurred other major retail chains to schedule competing sales in July. Best Buy, Target and Walmart are repeating the practice this year.
Like Amazon, Walmart is adding two more days to its promotional period, which starts Tuesday and runs through July 13. The nation’s largest retailer is making its summer deals available in stores as well as online for the first time.
Here’s what to expect:
Amazon expanded Prime Day this year because shoppers “wanted more time to shop and save,” Amazon Prime Vice President Jamil Ghani recently told The Associated Press.
Analysts are unsure the extra days will translate into more purchases given that renewed inflation worries and potential price increases from tariffs may make consumers less willing to spend. Amazon doesn’t disclose Prime Day sales figures but said last year that the event achieved record global sales.
Adobe Digital Insights predicts that the sales event will drive $23.8 billion in overall online spending from July 8 to July 11, 28.4% more than the similar period last year. In 2024 and 2023, online sales increased 11% and 6.1% during the comparable four days of July.
Vivek Pandya, lead analyst at Adobe Digital Insights, noted that Amazon’s move to stretch the sales event to four days is a big opportunity to “really amplify and accelerate the spending velocity.”
Caila Schwartz, director of consumer insights and strategy at software company Salesforce, noted that July sales in general have lost some momentum in recent years. Amazon is not a Salesforce Commerce Cloud customer, so the business software company doesn’t have access to the online giant’s e-commerce sales and so is not privy to Prime Day figures.
“What we saw last year was that (shoppers) bought and then they were done, ” Schwartz said. “We know that the consumer is still really cautious. So it’s likely we could see a similar pattern where they come out early, they’re ready to buy and then they take a step back.”
Amazon executives reported in May that the company and many of its third-party sellers tried to beat big import tax bills by stocking up on foreign goods before President Donald Trump’s tariffs took effect. And because of that move, a fair number of third-party sellers hadn’t changed their pricing at that time, Amazon said.
Adobe Digital Insights’ Pandya expects discounts to remain on par with last year and for other U.S. retail companies to mark 10% to 24% off the manufacturers’ suggested retail price between Tuesday and Friday.
Salesforce’s Schwartz said she’s noticed retailers becoming more precise with their discounts, such as offering promotion codes that apply to selected products instead of their entire websites.
Amazon Prime and other July sales have historically helped jump-start back-to-school spending and encouraged advance planners to buy other seasonal merchandise earlier. Analysts said they expected U.S. consumers to make purchases this week out of fear that tariffs will make items more expensive later.
Brett Rose, CEO of United National Consumer Supplies, a wholesale distributor of overstocked goods like toys and beauty products, thinks shoppers will go for items like beauty essentials.
“They’re going to buy more everyday items,” he said.
As in past years, Amazon offered early deals leading up to Prime Day. For the big event, Amazon said it would have special discounts on Alexa-enabled products like Echo, Fire TV and Fire tablets.
Walmart said its July sale would include a 32-inch Samsung smart monitor priced at $199 instead of $299.99; and $50 off a 50-Inch Vizio Smart TV with a standard retail price of $298.00. Target said it was maintaining its 2024 prices on key back-to-school items, including a $5 backpack and a selection of 20 school supplies totaling less than $20.
Independent businesses that sell goods through Amazon account for more than 60% of the company’s retail sales. Some third-party sellers are expected to sit out Prime Day and not offer discounts to preserve their profit margins during the ongoing tariff uncertainty, analysts said.
Rose, of United National Consumer Supplies, said he spoke with third-party sellers who said they would rather take a sales hit this week than use up a lot of their pre-tariffs inventory now and risk seeing their profit margins suffer later.
However, some independent businesses that market their products on Amazon are looking to Prime Day to make a dent in the inventory they built up earlier in the year to avoid tariffs.
Home fragrance company Outdoor Fellow, which makes about 30% of its sales through Amazon’s marketplace, gets most of its candle lids, labels, jars, reed diffusers and other items from China, founder Patrick Jones said. Fearing high costs from tariffs, Jones stocked up at the beginning of the year, roughly doubling his inventory.
For Prime Day, he plans to offer bigger discounts, such as 32% off the price of a candle normally priced at $34, Jones said.
“All the product that we have on Amazon right now is still from the inventory that we got before the tariffs went into effect,” he said. “So we’re still able to offer the discount that we’re planning on doing.”
Jones said he was waiting to find out if the order he placed in June will incur large customs duties when the goods arrive from China in a few weeks.
Just when we thought tariff talk had gone quiet, it’s back on center stage. With the reciprocal tariff deadline landing this Wednesday, President Trump has mailed out notices that new duties will kick in on August 1. Countries such as Japan, South Korea, Malaysia, and Kazakhstan face a 25% levy, while a few others may see steeper rates.
Wall Street didn’t take the news well. On Monday, the S&P 500 ($SPX) closed lower by 0.79%.
Before the July 4 long weekend, the S&P 500 and Nasdaq Composite ($COMPQ) notched fresh record highs, buoyed by solid jobs data. But like migratory birds, tariffs circled back on Monday and pushed stocks lower almost across the board.
Monday’s performance can be encapsulated by the StockCharts MarketCarpets screenshot below. It was pretty much red except for a few lonely green squares.
FIGURE 1. STOCK MARKET’S PERFORMANCE ON MONDAY, JULY 7. Besides a few lonely green squares, the screen lit up red. Image source: StockCharts.com. For educational purposes.
Stock market pullbacks aren’t all bad. They give investors and traders a chance to go bargain hunting. A handy tool is the Market Movers panel in your StockCharts Dashboard. Check the “S&P 500 % Down” category to spot the 10 stocks in the index that had the largest % loss for the trading day. Then view the charts and see if any deserve a place in your ChartLists.
Two names that caught my eye:
FIGURE 2. MARKET MOVERS PANEL FROM MONDAY, JULY 7. From this list, two stocks worth considering as “buy the dip” opportunities are TSLA and ON. Image source: StockCharts.com. For educational purposes.
While it’s clear that politics helped knock TSLA down, the chart tells a fuller story.
From the daily chart of TSLA below, it’s clear that the stock has seen some erratic movement recently.
FIGURE 3. DAILY CHART OF TSLA’S STOCK PRICE. TSLA’s stock price has danced above and below its 200-day simple moving average, and momentum is relatively weak. Chart source: StockCharts.com. For educational purposes.
Since April, TSLA’s stock price looked like it was recovering after it broke out above its 200-day simple moving average (SMA). However, in early June it dipped below it and then went above it, and is now back below it. The June 23 high was below the end of May high. The relative strength index (RSI) and percentage price oscillator (PPO) indicate weakening momentum. The big question is where is TSLA going to find support?
Watch three support levels on your chart. TSLA’s stock price has moved above the first support level. Look for momentum to pick up to confirm the upside move. If TSLA’s stock price doesn’t hold at this level and falls further towards the $270 or $220 levels, similar conditions would apply. However, a significant fall in price would weaken momentum significantly and would need stronger evidence to consider going long.
ON has lagged its chip-making peers. Over the past year, ON Semiconductor has underperformed the VanEck Semiconductor ETF (SMH). ON supplies chips to automakers and manufacturers, so its fortunes rise and fall with car demand.
The daily chart of ON below shows that since early April the stock price has recovered with a series of higher highs and higher lows. It is now facing resistance of its 200-day SMA, a resistance area that coincides with the February high and the early January gap down. Momentum looks like it’s rising as indicated by the slight rise in RSI and a potential bullish crossover in the PPO.
FIGURE 4. DAILY CHART OF ON SEMICONDUCTOR. Since early April, ON has printed higher highs and higher lows. The stock price is now hovering around its 200-day SMA, and momentum seems to be gaining a little strength. Chart source: StockCharts.com. For educational purposes.
I would look for ON to clear $58 on strong volume and improving momentum before opening a long position.
A short-term investment could be a better choice for TSLA since its price performance is correlated to Elon Musk’s involvement with the company.
ON could be a steadier, longer-term investment if the stock price breaks above resistance.
No matter what, decide in advance where you’ll place your stops. Then stick to your plan because discipline always wins.
Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
As the fragile ceasefire between Israel and Iran continues, the Jewish State’s leader said that he would be open to having access to some of America’s most powerful military equipment.
Israeli Prime Minister Benjamin Netanyahu made a stop on Capitol Hill Tuesday afternoon to meet with House Speaker Mike Johnson before a later confab with the Senate. It’s his first trip to Washington since the 12-day war between Israel and Iran erupted, and comes on the heels of a stoppage in fighting between the two countries.
When asked if he would be open to Israel gaining access to B-2 stealth bombers and bunker-busting bombs — the same U.S. military equipment used to cripple Iran’s nuclear program — Netanyahu appeared to relish the thought.
‘Would I like to see Israel have the capacities that the United States has? Of course we’d like it. Who wouldn’t want it?’ he said.
‘But we are appreciative of what assistance we’ve received, and I think it’s served not only the interest of Israel’s security but America’s security and the security of the free world,’ Netanyahu continued.
Netanyahu’s sentiment comes as a bipartisan duo in the House, Reps. Mike Lawler, R-N.Y., and Josh Gottheimer, D-N.J., are pushing to allow President Donald Trump the capability to send Israel the stealth bomber and powerful, 30,000-pound bombs capable of burrowing 200-feet into the ground before exploding, if Iran is found to still be marching forward with its nuclear program.
Their bill currently has three other Democratic co-sponsors, including Reps. Jared Moskowitz, D-Fla., Tom Suozzi, D-N.Y., and Juan Vargas, D-Calif.
The same aircraft and munitions were used in Operation Midnight Hammer, the secretive strike authorized by Trump last month to hit some of Iran’s key nuclear facilities, including Fordow, a facility buried below layers of rock that previous Israeli strikes couldn’t crack. Currently, the U.S. does not loan out any of its fleet of B-2s to allies.
Netanyahu’s remarks also came after he met with Trump on Monday, and he lauded his work with the president since his return to the White House.
‘I have to say that the coordination between our two countries, the coordination between an American president and Israel Prime Minister has been unmatched,’ he said. ‘It offers great promise for Israel, for America, for our region and for the world.’
He also hinted that ‘it may be very likely’ the pair may meet again before he leaves Washington.
Morgan Phillips contributed to this report.
The Supreme Court on Tuesday allowed the Trump administration to move forward, at least for now, with plans to implement large-scale cuts to the federal workforce, issuing a stay that lifts a lower court’s injunction against the administration’s executive order.
In a 6–3 decision, the justices granted the emergency request filed by the White House last week, clearing the way for Executive Order No. 14210 to take effect while legal challenges play out in the Ninth Circuit and potentially the high court.
The order directs federal agencies to carry out sweeping reductions in force (RIFs) and agency reorganizations.
It has been described by administration officials as a lawful effort to ‘streamline government and eliminate waste.’ Critics, including labor unions, local governments and nonprofit organizations, argue the president is unlawfully bypassing Congress to dismantle major parts of the federal government.
A majority on the Court stressed that it was not ruling on the legality of specific agency cuts, only the executive order itself.
‘Because the Government is likely to succeed on its argument that the Executive Order and Memorandum are lawful—and because the other factors bearing on whether to grant a stay are satisfied—we grant the application,’ the Court wrote. ‘We express no view on the legality of any Agency RIF and Reorganization Plan produced or approved pursuant to the Executive Order and Memorandum. The District Court enjoined further implementation or approval of the plans based on its view about the illegality of the Executive Order and Memorandum, not on any assessment of the plans themselves. Those plans are not before this Court.’
The district court in California had blocked the order in May, calling it an overreach. But the Supreme Court’s unsigned decision on Tuesday set aside that injunction, pending appeal. The majority said the government is ‘likely to succeed’ in defending the legality of the order.
Justice Ketanji Brown Jackson dissented forcefully, writing that ‘this Court sees fit to step in now and release the President’s wrecking ball at the outset of this litigation.’ She warned that the executive action represents a ‘structural overhaul that usurps Congress’s policymaking prerogatives’ and accused the majority of acting prematurely in an emergency posture without fully understanding the facts.
‘This unilateral decision to ‘transform’ the Federal Government was quickly challenged in federal court,’ she wrote. ‘The District Judge thoroughly examined the evidence, considered applicable law, and made a reasoned determination that Executive Branch officials should be enjoined from implementing the mandated restructuring… But that temporary, practical, harm-reducing preservation of the status quo was no match for this Court’s demonstrated enthusiasm for greenlighting this President’s legally dubious actions in an emergency posture.’
The executive order, issued in February, instructed agencies to prepare immediate plans for reorganizations and workforce reductions, including eliminating roles deemed ‘non-critical’ or ‘not statutorily mandated.’ The administration says it is a necessary response to bloated government and outdated structures, claiming the injunction was forcing agencies to retain ‘thousands of employees whose continuance in federal service… is not in the government and public interest.’
Labor unions and state officials opposing the plan say it goes beyond normal workforce management and could gut services across multiple agencies. They point to proposed cuts of over 50% at the Department of Energy, and nearly 90% at the National Institute for Occupational Safety and Health.
The case is Trump v. American Federation of Government Employees.
‘Today’s U.S. Supreme Court ruling is another definitive victory for the President and his administration,’ wrote White House principal deputy press secretary Harrison Fields in an email to Fox News Digital. ‘It clearly rebukes the continued assaults on the President’s constitutionally authorized executive powers by leftist judges who are trying to prevent the President from achieving government efficiency across the federal government.’
Former President Joe Biden’s persistent use of a teleprompter during public events, including during a fundraiser with just a couple dozen supporters, left donors complaining for months and dashed their expectations of hearing from the 46th president, a new book claims.
‘For most of the campaign, Biden only ever spoke with the assistance of a teleprompter, even for small private audiences,’ a new book, ‘2024: How Trump Retook the White House and the Democrats Lost America,’ reported. ‘The presence of the machine made for extremely awkward interactions in intimate settings, and irked donors who had paid thousands of dollars for a personal view of the president, not expecting a canned speech they could see on TV.’
‘He once read from a teleprompter in front of thirty people in the open kitchen of a Palo Alto mansion,’ the book continued. ‘Donors complained for months about the president’s reliance on the machine. Aides defended the teleprompter as a tool to keep the famously garrulous president on schedule.’
‘2024: How Trump Retook the White House and the Democrats Lost America’ was released Tuesday and authored by Josh Dawsey of the Wall Street Journal, Tyler Pager of the New York Times and Isaac Arnsdorf of the Washington Post. It details the 2024 presidential campaign cycle, including Biden’s cratering health issues.
The book detailed that just days after Biden’s disastrous June 2024 debate against President Donald Trump that opened the floodgates to typical Democrat supporters turning their backs on Biden ahead of the election, the president attended a campaign event at Virginia Democrat Rep. Dan Beyers’ house without a teleprompter. The book claims Biden only spoke for about six minutes.
‘At Beyer’s house, the campaign was eager to prove Biden could speak off the cuff. There was no teleprompter to be found. The president blamed his poor debate performance on a heavy travel schedule and said he ‘almost fell asleep onstage.’ He spoke for about six minutes,’ the book detailed.
The word ‘teleprompter’ appears in the new book a dozen times, mostly referencing the president’s reliance on the machine, as well as concern among some staffers that using a teleprompter was crucial to the president avoiding the unexpected as his health deteriorated.
‘The officials who planned events at the White House tried to avoid any surprises or unpredictable situations. If the president was going to speak, he would go to the podium, deliver remarks from a teleprompter, and leave. There was no room for creativity or spontaneity,’ the book states in a section on how Biden had fallen during a commencement in 2023 and staff devised plans to prevent another public fall in the future.
‘Everyone could see the president was aging. He sometimes failed to recognize former staff at functions. Still, current aides insisted his decline was strictly physical, and even then they acknowledged it only by trying to Bubble Wrap the president and avoid any more catastrophes. Staff limited direct access to the president, keeping meetings with him small,’ the book continued.
Biden entered his 2024 reelection cycle already racked by claims and concerns that his mental acuity had slipped and he was not mentally fit to continue serving as president, which was underscored by special counsel Robert Hur’s report in February 2024 that rejected criminal charges against Biden for possessing classified materials, citing he was ‘a sympathetic, well-meaning, elderly man with a poor memory.’ Fox News has been reporting on Biden’s apparent health decline since at least 2020.
Biden brushed off the claims throughout 2024, until his debate against Trump in June of that year, when he was seen tripping over his words, speaking in a far more subdued tenor than during his vice presidency, and losing his train of thought at times. The debate opened the floodgates to criticism among Democrats that Biden should step aside and pass the mantle to a younger generation of Democrats.
After weeks of the White House and campaign staffers vowing Biden would stay in the race and to ‘keep the faith,’ Biden announced in a social media post on a Sunday afternoon in July 2024 that he dropped out of the race. He endorsed then-Vice President Kamala Harris to run for the Oval Office, giving her just over 100 days to launch her own campaign that failed to rally enough support when up against Trump.
Fox News Digital reached out to Biden’s office regarding the claims in the new book, but did not immediately receive a reply.
