Gold's About to Go Parabolic? (Trump's First Term Sent It Soaring)

During President Trump's first term, tariffs & rate cuts sent gold soaring 57%. Now, Trump is using the same playbook. Are you expecting different results? Hint: Gold is now surging, and experts predict gold could hit $4,000... even $10,000! Move funds from your IRA & 401(k) into gold--TAX & PENALTY-FREE--while you still can!

Everyone aboard an American Airlines jet that collided with an Army helicopter is feared dead

LOLITA C. BALDOR
January 30, 2025

ARLINGTON, Va. (AP) -- At least 28 bodies were pulled from the icy waters of the Potomac River after an American Airlines jet carrying 60 passengers and four crew members collided with an Army helicopter while landing at Ronald Reagan National Airport near Washington, officials said Thursday.

The search was ongoing for other casualties, but officials did not believe there were any other survivors, which would make it the deadliest U.S. air crash in nearly 24 years.

"We are now at the point where we are switching from a rescue operation to a recovery operation," said John Donnelly, the fire chief in the nation's capital." We don't believe there are any survivors."

The body of the plane was found upside down in three sections in waist-deep water. The wreckage of the helicopter was also found.

"This morning we all share a profound sense of grief," Washington, D.C. mayor Muriel Bowser said

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

An American Airlines jet carrying 60 passengers and four crew members collided with an Army helicopter while landing at Ronald Reagan National Airport near Washington, prompting a large search-and-rescue operation in the nearby Potomac River. There were multiple fatalities, according to a person familiar with the matter, but the precise number of victims was unclear as rescue crews hunted for any survivors.

Three soldiers were onboard the helicopter, an Army official said.

There was no immediate word on the cause of the Wednesday collision, but all takeoffs and landings from the airport were halted as dive teams scoured the site and helicopters from law enforcement agencies across the region flew over the scene in a methodical search for bodies.

Images from the river showed boats around the partly submerged wing and what appeared to be the mangled wreckage of the plane's fuselage.

"We are going to recover our fellow citizens," District of Columbia Mayor Muriel Bowser said at a somber news conference at the airport in which she declined to say how many bodies had been recovered.

The person who told The Associated Press that there had been multiple deaths was not authorized to publicly discuss details of the investigation and spoke on condition of anonymity.

Sen. Roger Marshall of Kansas said, "When one person dies it's a tragedy, but when many, many, many people die it's an unbearable sorrow."

President Donald Trump said he had been "fully briefed on this terrible accident" and, referring to the passengers, added, "May God Bless their souls."

Passengers on the flight included a group of figure skaters, their coaches and family members who were returning from a development camp that followed the U.S. Figure Skating Championships in Wichita.

"We are devastated by this unspeakable tragedy and hold the victims' families closely in our hearts," U.S. Figure Skating said in a statement.

Two of those coaches were identified by the Kremlin as Russian figure skaters Evgenia Shishkova and Vadim Naumov, who won the pairs title at the 1994 world championships and competed twice in the Olympics. The Skating Club of Boston lists them as coaches and their son, Maxim Naumov, is a competitive figure skater for the U.S.

The Federal Aviation Administration said the midair crash occurred before 9 p.m. EST when a regional jet that had departed from Wichita, Kansas, collided with a military helicopter on a training flight while on approach to an airport runway. It occurred in some of the most tightly controlled and monitored airspace in the world, just over three miles south of the White House and the Capitol.

Investigators will try to piece together the aircrafts' final moments before their collision, including contact with air traffic controllers as well as a loss of altitude by the passenger jet.

American Airlines Flight 5342 was inbound to Reagan National at an altitude of about 400 feet and a speed of about 140 miles per hour when it suffered a rapid loss of altitude over the Potomac River, according to data from its radio transponder. The Canadian-made Bombardier CRJ-701 twin-engine jet, manufactured in 2004, can be configured to carry up to 70 passengers.

A few minutes before landing, air traffic controllers asked the arriving commercial jet if it could land on the shorter Runway 33 at Reagan National and the pilots said they were able. Controllers then cleared the plane to land on Runway 33. Flight tracking sites showed the plane adjust its approach to the new runway.

Less than 30 seconds before the crash, an air traffic controller asked the helicopter if it had the arriving plane in sight. The controller made another radio call to the helicopter moments later: "PAT 25 pass behind the CRJ." Seconds after that, the two aircraft collided.

The plane's radio transponder stopped transmitting about 2,400 feet short of the runway, roughly over the middle of the river.

Video from an observation camera at the nearby Kennedy Center showed two sets of lights consistent with aircraft appearing to join in a fireball.

"I know that flight. I've flown it several times myself," said Sen. Jerry Moran of Kansas. He said he expected that many people in Wichita would know people who were on the flight.

"This is a very personal circumstance," he said.

The collision occurred on a warm winter evening in Washington, with temperatures registering as high as 60 degrees Fahrenheit, following a stretch days earlier of intense cold and ice. On Wednesday, the Potomac River was 36 degrees Fahrenheit, according to the National Oceanic and Atmospheric Administration. The National Weather Service reported that wind gusts of up to 25 mph were possible in the area throughout the evening.

American Airlines CEO Robert Isom expressed "deep sorrow" for the crash and said the company was focused on the needs of passengers, crew, first responders and families and loved ones of those involved.

Some 300 first responders were on scene. Inflatable rescue boats were launched into the Potomac River from a point along the George Washington Parkway, just north of the airport, and first responders set up light towers from the shore to illuminate the area near the collision site. At least a half-dozen boats were scanning the water using searchlights.

"It's a highly complex operation," said D.C. fire chief John Donnelly. "The conditions out there are extremely rough for the responders."

The U.S. Army described the helicopter as a UH-60 Blackhawk based at Fort Belvoir in Virginia. The helicopter was on a training flight. Military aircraft frequently conduct training flights in and around the congested and heavily-restricted airspace around the nation's capital for familiarization and continuity of government planning.

The crash is serving as a major test for two of the Trump administration's newest agency leaders. Pete Hegseth, sworn in days ago as defense secretary, posted on social media that an investigation has been "launched immediately" by the Army and the Defense Department. Transportation Secretary Sean Duffy, just sworn in earlier this week, said at a somber news conference at the airport early Thursday that his agency would provide all possible resources to the investigation.

The last major fatal crash involving a U.S. commercial airline occurred in 2009 near Buffalo, New York. Everyone aboard the Bombardier DHC-8 propeller plane was killed, including 45 passengers, 2 pilots and 2 flight attendants. Another person on the ground also died, bringing the total death toll to 50. An investigation determined that the captain accidentally caused the plane to stall as it approached the airport in Buffalo.

Reagan Airport will reopen at 11 a.m. Thursday, the Federal Aviation Administration announced. The FAA has previously said it would be closed until 5 a.m. Friday.

Located along the Potomac River, just southwest of the city. Reagan National is a popular choice because it's much closer than the larger Dulles International Airport, which is deeper in Virginia.

Depending on the runway being used, flights into Reagan can offer passengers spectacular views of landmarks like the Washington Monument, the Lincoln Memorial, the National Mall and the U.S. Capitol. It's a postcard-worthy welcome for tourists visiting the city.

The collision recalled the crash of an Air Florida flight that plummeted into the Potomac on January 13, 1982, that killed 78 people. That crash was attributed to bad weather.

___

Associated Press writers Zeke Miller, Meg Kinnard, Chris Megerian and Michael Biesecker in Washington contributed to this report.

Continue Reading...

Popular

Small Plane Crashes In Pennsylvania Retirement Facility Parking Lot After Pilot Reports 'Open Door'

A Beechcraft Bonanza carrying five people crashed Sunday afternoon near a retirement village south of Lancaster Airport in Pennsylvania, according to Federal Aviation Administration officials. All passengers survived and were transported to hospitals for treatment.

Mexican finance minister, a holdover from previous administration, resigns and is replaced by deputy

MEXICO CITY (AP) — Mexican Finance Secretary Rogelio Ramírez de la O, a holdover from the previous administration, resigned Friday for personal reasons and will be replaced by his deputy, President Claudia Sheinbaum said.

Just Released: Huge New A.I. Trade - Ad

While everyone's distracted by Nvidia, PLTR & Bitcoin, billionaires have been quietly loading up on this stock. And 99% of Americans have no clue. It could help make a fortune for fast-moving investors, who make their move before May 13th.

Europe-Based UCB's Bimzelx Data Reveals Sustained Skin Clearance In Inflammatory Skin Disorders

UCB's Bimzelx shows sustained efficacy in psoriasis and hidradenitis suppurativa, with high skin clearance rates and improved symptoms over long-term trials.

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a , a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

AI + Smart Glass = A Nasdaq Sleeper - Ad

This recent Nasdaq IPO is quietly making waves, thanks to its 95% market share in a $240M aerospace niche. With patented technology that integrates AI into smart glass, this company is poised for massive growth as the market races toward $124 billion by 2029.

Tesla Chair Robyn Denholm Sells Over $30 Million Worth Of Stock As Automaker Grapples With Macroeconomic Uncertainties, Increased Competitive Heat

Tesla Inc. Chair Robyn Denholm has sold approximately $33.7 million worth of the electric vehicle maker's stock, according to a filing with the U.S. Securities and Exchange Commission on Monday. The sale involved 112,390 shares, the same amount she offloaded last month for gross proceeds of around $43.2 million.

COPT Defense Properties Faces Risks: Analyst Sees Uncertainty In Leasing Process Amid Budget Cut Risks

JP Morgan analyst lowers COPT Defense Properties' price target to $29, citing risks from budget cuts, Space Command HQ uncertainty, and slow data center growth.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

Mortgage lender Rocket Cos. to acquire real estate brokerage Redfin in deal valued at $1.75 billion

Mortgage lender Rocket Cos. has agreed to acquire online real estate brokerage Redfin in an all-stock deal valued at $1.75 billion.

Iranian government official who was key to 2015 nuclear deal resigns under hard-liner pressure

TEHRAN, Iran (AP) — A former Iranian foreign minister who was key to the country's 2015 nuclear deal with world powers reportedly tendered his resignation on Monday from the government of reformist , caving in to pressure from hard-liners.

The "Second Wave" of 2025 Crashes (Could Be Worst in Us History) - Ad

According to the man who predicted 2008, 2020, and 2022... A new wave of crashes are coming to the US stock market. But these will be different. The moment they hit, they could kick off the worst (and longest) financial crisis in American history.

Massive Losses For Crypto Traders As MELANIA Memecoin Plummets

A crypto trader has reportedly suffered a staggering loss of $15.68 million after trading the official memecoin of First Lady Melania Trump.

Trump's Tariff Move Has Created a Massive Opportunity for 401(K)S - Ad

As President Trump slaps China with new tariffs, the Fed is boxed in--and gold is skyrocketing just like it did during Trump's first term. JPMorgan just grabbed $4 Billion in gold bars... should you? Discover a "Tariff Assistance Loophole" to move funds from your IRA & 401(k) into gold--tax-free!

Salesforce Is Trading Below 200-DMA, But Goldman Sachs Sees Huge Stock Upside After Agentforce 2dx Unveil

Goldman Sachs analyst reiterates Buy on Salesforce with $400 PT. Positive on AI roadmap and growth potential, could yield early AI monetization.

What's Going On With SoundHound AI Stock Friday?

SoundHound shares are moving higher on Friday after the company announced it will participate in the 2025 Nvidia GPU Technology Conference.

13-Second Trump Video Could Trigger AI Shock - Ad

Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... Just released a video with this 13-second Trump clip about the current AI boom. Please, do NOT buy any AI stock before watching that clip. What President Trump said in that clip could have implications for this AI boom.

North Carolina Republicans seek to force top Democrats to fall in line with Trump agenda

RALEIGH, N.C. (AP) — North Carolina Republicans who are resolved to promote President Donald Trump’s agenda now seek to compel the recently elected Democratic governor to aid the president's immigration crackdown and stop the new Democratic attorney general from fighting Trump in court.

Merck Plans Regulatory Submission For Two-Drug Regime For HIV Infection By Mid-2025

Merck's DOR/ISL met primary efficacy and safety goals in two Phase 3 HIV trials. Marketing applications are planned for mid-2025.

Are you owed an extra $2,105 a month in extra cash? - Ad

A little-known "loophole" has allowed a handful of regular Americans to legally collect over $109,200,000 in bonus cash. And today's your chance to join them. It doesn't matter how old you are or even how much money you make. And my research shows there's no way you can be denied from taking part in this opportunity.

Apple Delays Next-Gen Siri: 'It's Going To Take Us Longer Than We Thought' To Deliver AI Upgrades

Apple has delayed its next-gen Siri upgrade, citing the need for more development time, while internal reports suggest significant issues could push the AI-powered features back until iOS 20 or later.

The $20 Trillion Secret of Room 3330 - Ad

Developed by the U.S. military 79 years ago, this controversial technology is about to change American life forever: Elon Musk has already funneled $6 billion to resurrect this covert project -- and the companies involved are minting 10,000 millionaires every week [Goldman Sachs].

Albania shuts down TikTok for a year amid concerns over violence among children

TIRANA, Albania (AP) — The Albanian Cabinet decided on Thursday to shut down for 12 months, blaming the popular video-sharing platform for inciting violence and bullying, especially among children.

Argentine retirees and soccer fans clash with police during protests against austerity measures

BUENOS AIRES, Argentina (AP) — Argentine retirees and fans of several soccer teams clashed with police Wednesday during a protest in front of Congress in the capital, Buenos Aires, against the economic policies implemented by the government of .

Warning: What They Haven't Told You (Yet) About the 2025 Selloffs - Ad

In light of massive recent selloffs... Stansberry Research has issued a new warning for the public. Their latest research shows the real truth about the 2025 tariff selloffs is much bigger -- and much worse -- than the public realizes. They say unless you take the right steps now... You could soon see your wealth cut in half.

Bill Ackman Clashes With David Sacks Over Ukraine Strategy, Asks If US Should Let Russia 'Take The Rest Of Eastern Europe'

Bill Ackman challenged David Sacks' stance on U.S. involvement in Ukraine, questioning the consequences of allowing Russia to dominate the country and expand its influence in Eastern Europe.

Activist groups urge UN probe of its Myanmar envoy after report alleges ties to Chinese companies

BANGKOK (AP) — Activist groups are calling for the United Nations to investigate its special envoy to Myanmar over possible conflicts of interest, after a report detailed her consulting company's alleged ties to Chinese mining and construction projects in the country.

The Last Time Gold Flashed This Warning Sign, the Market Dropped 80% - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Asian shares decline despite rebound on Wall St as investors await next steps in trade wars

BANGKOK (AP) — Asian shares were mostly lower on Thursday despite a rebound on Wall Street fueled by an on U.S. consumer prices.

Trump's Secret Plan to Reboot the Dollar Leaked? - Ad

Steve Bannon let slip 3 shocking words--and Wall Street panicked. According to Bannon, President Trump is poised to restore the gold standard, reset the dollar, and send gold soaring. Position yourself before it's too late! Claim your free 2025 Gold Guide and discover the Trump Loophole to move funds from your IRA & 401(k) into gold--tax-free!

Why United Airlines (UAL) Stock Is Down 15% This Week

United Airlines shares are trading lower by 15% since Monday's open. The stock is down amid rising trade tensions, higher costs and global uncertainty.

China imposes retaliatory tariffs on Canadian farm and food products

BEIJING (AP) — China on Saturday announced retaliatory tariffs on some Canadian farm and food imports, after Canada imposed duties in October on Chinese-made electric vehicles and steel and aluminum products.

Debts, Deficits & Destruction of the US Dollar - Ad

The economist Time Magazine called "out of step with economic reality" for predicting the U.S. economy would implode in his 2005 best-selling book Empire of Debt over two years before the Financial Crisis tore America and the global economy apart... is back to issue his next warning. Before you invest a single dollar in the markets -- or make any investment decisions -- it's critical you see this alarming video right away.

Major retailers tamper expectations for 2025 as Americans slow their spending

A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025, Abercrombie & Fitch on Wednesday becoming the latest.

Stock market today: Asian shares rebound after Trump pullback on some tariffs cheers investors

BANGKOK (AP) — Asian shares were mostly higher Thursday, tracking a rebound on Wall Street after pulled back on some of his tariffs hikes.

[Revealed] Trump and Elon's Shocking New Plan for America - Ad

Three patents could help President Trump and Elon Musk completely revolutionize a $23 Trillion market. This revolution is about so much more than just self-driving cars. Instead, what Elon's pivoting Tesla towards... Is a market that's 1,000X BIGGER. But a project THIS big can't stay under the radar for long...

Elon Musk Calls SoftBank's Masayoshi Son 'Overleveraged' As $16 Billion AI Loan Fuels Debate About Viability Of OpenAI's Stargate Project

Tesla Inc. CEO Elon Musk criticized SoftBank Group CEO Masayoshi Son as "already overleveraged" on Sunday, reigniting concerns about funding for the ambitious Stargate AI project.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service