Record High Debt = Record High Gold Price
Record High Debt = Record High Gold Price
Notes From the Field By James Hickman (Simon Black) November 11, 2025
Barrick Mining Corporation—one of the world’s largest and most established gold producers—just reported its third quarter earnings yesterday— and it was an absolute blowout.
The company reported third quarter profit of $1.3 billion, nearly triple last year’s Q3 earnings.
And for the first nine months of 2025, Earnings per Share is up a whopping 132% over the same period last year. Free Cash Flow is up an astonishing 176%.
Podcast: These three Central Banks are SELLING Gold
Podcast: These three Central Banks are SELLING Gold
Notes From the Field By James Hickman (Simon Black) November 12, 2025
We sincerely hope the House of Representatives can pull itself together and get the government back open this week.
Not because we love federal bureaucracy—but because this shutdown is embarrassing, and it continues to chip away at the rapidly declining confidence that foreign governments and central banks have in the United States.
This matters. Foreign governments and central banks collectively own $10+ trillion of US government bonds and other agency securities.
5 Best Money Moves To Make Before Retiring
5 Best Money Moves To Make Before Retiring
James Holbach Mon, August 14, 2023
How To Be Wealthy in Retirement: Experts Share the 5 Best Money Moves To Make Before Retiring
Retirement. Imagine it. Dropping out of the rat race forever, enjoying the time you have left — being with your family, pursuing the hobby you could never make time for, finally taking that dream vacation.
Unless you were born rich — and if you were, you probably wouldn’t be reading this — you know it’s not going to happen without a lot of saving and planning. You’ve seen the generic advice everywhere. Max out your 401(k), cut your expenses, go back to school so you can make more — but there are a million paths to financial security, and some of them might surprise you.
4 Ways Middle-Class Earners Are Protecting Their Money in Today’s Uncertain Economy
4 Ways Middle-Class Earners Are Protecting Their Money in Today’s Uncertain Economy
Laura Bogart Sun, November 9, 2025 GOBankingRates
When it comes to the global economy these days, you should expect the unexpected. Stock markets are behaving like roller coasters, prices of everyday goods continue to rise, and the job market remains unpredictable. Middle-class earners are feeling the strain. Protecting their money — and their peace of mind — in such uncertainty is a daunting task. Fortunately, safeguarding their hard-earned savings may be easier than they think.
4 Tips To Handle Your Finances in an Uncertain Economy
4 Tips To Handle Your Finances in an Uncertain Economy, According to Money Expert Michela Allocca
Chris Ozarowski Wed, October 9, 2024 GOBankingRates
Michela Allocca is a personal finance creator who shares tips for managing money through her social media pages. In a recent post on her Instagram @breakyourbudget, she offered viewers four tips to help them handle their finances and prepare for an uncertain economy or even a recession.
4 Secrets of the Truly Wealthy, According to Dave Ramsey
4 Secrets of the Truly Wealthy, According to Dave Ramsey
Caitlyn Moorhead Wed, November 5, 2025 GOBankingRates
One of Dave Ramsey’s most consistent pieces of financial advice is that wealth-building isn’t necessarily tied to how much money you make, but rather how you manage what you have. Many people assume that earning a higher income automatically leads to wealth, but Ramsey points out that a disciplined approach to spending and saving is far more important.
Truly wealthy people live below their means and when they do spend money, they don’t advertise it. Essentially, saving consistently is more important than the size of your paycheck or what you splurge on. Known for his no-nonsense approach to personal finance, Ramsey has helped millions of people get out of debt and take control of their financial futures. But what separates those who simply earn a good living from the truly wealthy?
Elon Musk Warns US Will Face ‘Day Of Reckoning’ For Its Debt With ‘No Way’ To Fix Issue
Elon Musk Warns US Will Face ‘Day Of Reckoning’ For Its Debt With ‘No Way’ To Fix Issue
How To Shockproof Your Nest Egg
Jing Pan Wed, November 5, 2025 Moneywise
America’s ballooning debt burden has become impossible to ignore — and Tesla CEO Elon Musk, who took a stab at tackling government waste earlier this year, is sounding the alarm again.
On a recent episode of “The Joe Rogan Experience” podcast, Musk outlined what he believes is — and isn’t — possible when it comes to fixing the U.S. national debt crisis. “You can make it directionally better, but ultimately you can't fully fix the system,” Musk said. “Unless you could go super draconian — like Genghis Khan level on cutting waste and fraud — which you can't really do in an aspirationally democratic country, then there's no way to solve the debt crisis.” (1)
Keeping Too Much Cash In Your Bank Account Could Be A Costly Mistake
Keeping Too Much Cash In Your Bank Account Could Be A Costly Mistake
Vishesh Raisinghani Sun, November 2, 2025 Moneywise
Keeping too much cash in your bank account could be a costly mistake — here’s how to know if you’ve got too much
Cash is king, right?
Well, not always. Sometimes you can have so much cash sitting around in your bank account that it turns into a wealth-devouring demon. On average, American families had about $62,410 in their checking accounts, according to the Federal Reserve’s 2022 Survey of Consumer Finances. For most people, that balance is simply higher than it should be.
Terrifying High-Tech Bank Scam Drains Your Life Savings In Seconds
Terrifying High-Tech Bank Scam Drains Your Life Savings In Seconds — and ‘devastated’ victims are sounding the alarm
Asia Grace Mon, October 27, 2025 NY Post
Noel Phillips can’t believe he was cleaned out so quickly — and easily.
The New York millennial was bled dry earlier this year by a group of scammers who used phone number-spoofing technology — software used to misleadingly alter caller ID information — to empty his bank account, taking all of his life savings, totaling nearly $30,000.
“It’s devastating,” Phillips, 33, a journalist and an NYC transplant from London, exclusively told The Post. “I can still hear the voices of the people who called me, posing as employees of Chase Bank, claiming there had been fraudulent activity on my account.”
Californians Keep Finding Leftover Loot From The Gold Rush
Californians Keep Finding Leftover Loot From The Gold Rush — 1 man even bought a home with his spoils. How to cash in
Jing Pan Sat, October 25, 2025
It’s been more than 170 years since California’s Gold Rush — but locals are once again finding gold dust, flakes and even nuggets glittering in the state’s rivers.
“Gold’s all around,” said Manny Goza, a prospector sifting through the Bear River, in an interview with FOX40 News. (1) The low water levels during the fall make it easier to reach stretches of the river that are usually inaccessible.
Catfish Scams — How To Spot Red Flags
Catfish Scams — How To Spot Red Flags
Will Kenton Sun, October 26, 2025 Moneywise
Missouri woman's late-in-life love story turns into a Ramsey Show warning about catfish scams — how to spot red flags
Nicky from Missouri called into the The Ramsey Show with a late-in-life love tale. (1) She, a 68-year-old widow, has met a man, an 81-year-old widower, who wants to marry her. At first it seems like a heart-warming story, but when co-hosts hosts Jade Warshaw and Ken Coleman started asking questions, things went sideways fast.