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GCA Forums News For Monday January 12 2025
A report was requested for Monday, January 12, 2025, but that date was a Sunday. As of Monday, January 12, 2026 (America/Chicago), this is the latest market and news update.
GCA Forums News — National Market & Politics Report (Mon, Jan 12, 2026)
Current markets & rates, silver rise, Fed vs DOJ, Chicago sanctuary, MN fraud, 2026 predictions for housing & mortgages.
Topics In Today’s Edition of GCA Forums News
Gustan Cho Associates News, GCA Forums News, jerome powell news, trend silver price today, fed doj subpoena, recent live mortgage rates, chicago sanctuary city news, housing market forecast 2026, minnesota fraud news
Updated Live Market Snapshot 2026-01-12Benchmark Funding & Policy Rates
- Fed Funds Target Range (Upper Limit): 3.75 % (effective Jan 12, 2026)
- SOFR: 3.64 % (latest posted observation Jan 9, 2026)
Bonds Market
- 10-Year Treasury (official “constant maturity”): 4.19 % (latest official value shown for Jan 8, 2026)
- Earlier, yields moved close to 4.21% as people focused more on whether the Federal Reserve could make decisions on its own, causing more volatility in the market.
Mortgage Rates (consumer-facing)
- Mortgage News Daily (30-year fixed): ~6.01% (January 12, 2026) (Valley City Times-Record)
- Freddie Mac PMMS (30-year fixed weekly average): 6.16% (Week ending January 8, 2026) (Market-watch)
Stocks (most current complete close + today’s mood)
- Friday close (January 9, 2026): Dow 44,752, S&P 500 6,231, Nasdaq 20,974. (Record close contextual)
- On January 12, early trading shows caution as news about the Federal Reserve and Department of Justice becomes more widely known (Reuters).
Precious Metals
- Silver: Approaching $85/oz ( for the first time)
- Gold: Almost $4,600/oz amid “Fed independence” concerns
- Whether silver ‘opened above $85’ depends on market timing. Most sources report silver is ‘approaching $85 and trading in the $84.5 range,’ with recent closes near that level (Yahoo Finance).
DOJ Subpoenaed The Fed And Fed Chair Jerome Powell Last Friday
- The latest Powell Report says, “Jerome Powell said the DOJ has subpoenaed the Fed.
- They are threatening to indict him because he testified in June about the $2.5B Fed building renovation.” (AP News)
- There is no indication that criminal charges have been filed.
- Current reports reference only subpoenas and threats, with no indictments or arraignments reported.
Silver Price Skyrockets
Many people in the market still doubt that prices will fall gently without causing problems.
- With so much uncertainty, the difference between paper silver (like contracts and futures) and real silver is getting bigger.
- Even though high demand does not always cause shipping delays, concerns about shortages or contract issues can make people nervous.
- Buying when prices drop only works if you actually get the silver.
- When there are a lot more paper promises than real silver, trust can fall apart, even if it is hard to say exactly why.
- As demand shifts from futures to physical silver, traders keep a close watch on possible delays and contract hiccups.
- These worries continue to shape trust across the market.
- Constant demand continually tests whether the market can actually deliver real silver when people hold paper promises.
- As demand shifts between contracts and physical silver, new questions about on-time delivery and the authenticity of contracts raise concerns about whether the market can be trusted.
- Strong demand has made it clear that there are problems with delivering silver and with how contracts for future delivery and real silver work together.
- This has prompted people to examine the market more closely.
- People are now paying more attention to the differences between paper silver and real silver, particularly regarding timely deliveries and the trustworthiness of contracts.
- Experts say that changes between different types of contracts have made people keep doubting whether the market is reliable and can be trusted.
- People who follow the market continue to monitor whether deliveries are being made as promised and how trust in the process influences their perception of the market, particularly as demand fluctuates.
- Big changes in demand continue to raise questions about whether contracts will be honored and whether both the paper and physical silver markets can be trusted.
- When there are discrepancies between paper promises and real silver, it poses a significant challenge to trust, even if it is difficult to quantify.
- High demand does not always mean there will be shipping delays or contract problems, but the gap between paper and real silver remains a significant issue.
Steps for Buyers Who Paid But Have Yet to Receive a Tracking Number
- Check the “order status / estimated ship date” from the dealer in the account dashboard.
- Some dealers don’t create tracking until the package is actually shipped.
- Confirm the payment clearance (ACH delays typically occur, while wires typically clear quickly).
- Request a ship date (via email) and an escalation procedure, along with a firm answer.
- Following missed deadlines, you should consider filing a chargeback/dispute (for card transactions) or formally requesting a dispute in writing (for ACH/wire transactions, which have different dispute procedures).
The Difference between “Paper Silver vs. Physical Silver”
“Paper” investments, such as futures and ETFs, can change rapidly and utilize significant leverage, whereas physical silver requires production, storage, and shipping. Major news can cause spot prices to rise, but physical silver may not be immediately available, leading to higher prices and potential delays.
Price targets such as $1,000 or $20,000 for silver are speculative and do not reflect expert consensus. The following points are supported by current evidence:
- Silver has been exceptionally volatile, with a strong bid.
- Gold/silver spike on Fed policy risk
- However, price targets in the thousands would only occur in extreme situations, such as a currency crisis, hyperinflation, a major supply shock, or ongoing high demand for silver.
Minnesota “Welfare Fraud” / Feeding Our Future — What’s Confirmed vs What’s AllegedWhat Is Confirmed In The Official Federal Case Record
- Feeding Our Future is being investigated as a large-scale federal fraud case involving COVID-era child nutrition funding, as the DOJ continues to announce new defendants/charges. (Department of Justice)
- Fraud reports are escalating in Minnesota as new cases emerge, with some sources stating that the DOJ has charged several defendants in multiple cases, indicating an ongoing expansion.
About “Somalis Are Implicated.”
Be cautious with these cases: charges are brought against individuals, not entire communities. Some media highlight Somali-identified networks, while others warn about the risk of unfairly labeling groups. State officials have sometimes pushed back against these viral stories. (Anadolu Ajansı)
The Role Of Tim Walz / Keith Ellison
Most public reports focus on the federal enforcement response and on different media blame stories.
A well-sourced timeline of events can be compiled, covering lawsuits, press releases, audits, and prosecutions, utilizing only primary documents and major news wire reports.
https://www.youtube.com/watch?v=CQeH1jHpuZk
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This discussion was modified 1 month, 3 weeks ago by
Doc.
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This discussion was modified 1 month, 3 weeks ago by
Sapna Sharma.
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1 Reply
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Minneapolis Mayor Jacob Frey is talking to all major media outlets slamming the Trump Administration and ICE. He’s a little guy who wants to make a name for himself.
https://www.youtube.com/live/Bgtg6t0EAbg?si=dFBpB5WJofLSJceK
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