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The D-backs are excited to offer fans travel packages with Diamondbacks Destinations!
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Central banks are lying to you about gold(From Behind the Markets)
Written by Leo Miller on February 2, 2026

For the defense and mining industries, 2025 was a standout year. The iShares U.S. Aerospace & Defense ETF (BATS: ITA) tracks the performance of a basket of over 40 U.S. aerospace and defense companies. The fund delivered a total return of nearly 49% in 2025, its best calendar year performance in over a decade. The SPDR S&P Metals & Mining ETF (NYSEARCA: XME) tracks the performance of a basket of over 30 U.S. mining and metals stocks. Its performance was even more impressive, delivering a total return of around 83%, its best since 2016.
Now, several giants in these two industries are rewarding investors after landmark gains, meaningfully boosting their dividends. Let’s dive into the dividend details around these companies and take a glimpse at their outlooks for 2026.
There are 90 paper gold claims for every real ounce in COMEX vaults. Ninety promises, one ounce of metal. It’s like musical chairs with 90 players and one chair. COMEX gold inventory dropped 25 percent last year alone as gold flows East to Shanghai, Mumbai, and Moscow. On March 31st, contract holders can demand delivery. When similar situations arose in the past, markets closed and rules changed. Paper holders got crushed while mining stock holders made fortunes. One stock sits at the center of this crisis.Get the full story on this opportunity now.
First up is Franco-Nevada (NYSE: FNV), a company deeply involved in the mining of gold and other precious metals. The Canadian stock delivered a whopping 78% total return in 2025, buoyed by the extensive rise in gold and silver prices. On Jan. 26, Franco declared a quarterly dividend of 44 cents, marking a significant 16% increase over its previous payout. The company expects to pay its next dividend on Mar. 26 to shareholders of record on Mar. 12.
Looking ahead, the stock’s indicated dividend yield is approximately 0.70%. While not particularly high, investors should recognize that large gains in a company’s share price, which Franco saw last year, put downward pressure on dividend yields for new investors.
Going forward, Franco’s shares should continue to be highly correlated with movements in gold and silver prices. On Jan. 30, the stock tanked around 10.5%, as gold and silver dropped around 10% and 29%, respectively. This shows that trepidation is prudent when it comes to stocks exposed to these metals. Still, analysts at Deutsche Bank and Citi released bullish price targets on these metals days earlier.
Southern Copper (NYSE: SCCO) is another miner that soared in 2025, delivering a total return of 68%. The company is one of the world’s largest producers of copper, with its operations primarily in Mexico and South America.
On Jan. 22, Southern Copper declared a quarterly cash dividend of $1. This is a solid 11% increase over its previous dividend. Investors will also receive a stock dividend of 0.0085 shares of common stock per share. The company will give each owner this many shares for every share they already hold. If a shareholder’s position is such that a stock dividend would result in receiving fractional shares, the company will pay cash instead, based on a share price of $179.93. Investors should also note that Southern Copper’s dividend often fluctuates on a quarterly basis, depending on business performance.
These dividends are payable on Feb. 27 to shareholders of record at the close of business on Feb. 10. The company’s unique dividend structure makes it hard to assign a forward-looking yield. However, based on its cash dividend alone, and assuming a stable payment, the stock’s yield would be a solid 2.1%.
Copper prices will be a key determinant of SCCO’s performance. Goldman Sachs is moderately bearish on copper in the near term but bullish over the next decade.
MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. For a limited time, get full access for just $5 for 5 weeks—no restrictions, no trial limitations.Unlock the full power of MarketBeat All Access today for just $5
Last up is defense stock L3Harris Technologies (NYSE: LHX). L3Harris is one of the largest defense contractors in the United States, and delivered an impressive 42% total return in 2025. On Jan. 23, L3Harris declared a quarterly dividend of $1.25, a moderate but meaningful 4% increase. The company expects to pay this new dividend on Mar. 6 to shareholders of record as of the close of business on Mar. 20. The stock’s indicated dividend yield is now approximately 1.5%. This is solidly above the approximately 1.1% yield offered by the S&P 500 Index.
L3Harris recently announced its intention to spin off its missile solutions business into its own publicly traded stock. The U.S. Department of War will invest $1 billion in the new entity, a clear sign of government support for increasing its solid rocket motor capacity. L3Harris will maintain a controlling stake in the missile solutions business, which could be a meaningful growth driver. The MarketBeat consensus price target still implies moderate downside in L3Harris shares. However, multiple analysts issued price targets above the stock’s current level after the Jan. 13 announcement.
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Central banks are lying to you about gold(From Behind the Markets)
Written by Leo Miller on February 2, 2026

For the defense and mining industries, 2025 was a standout year. The iShares U.S. Aerospace & Defense ETF (BATS: ITA) tracks the performance of a basket of over 40 U.S. aerospace and defense companies. The fund delivered a total return of nearly 49% in 2025, its best calendar year performance in over a decade. The SPDR S&P Metals & Mining ETF (NYSEARCA: XME) tracks the performance of a basket of over 30 U.S. mining and metals stocks. Its performance was even more impressive, delivering a total return of around 83%, its best since 2016.
Now, several giants in these two industries are rewarding investors after landmark gains, meaningfully boosting their dividends. Let’s dive into the dividend details around these companies and take a glimpse at their outlooks for 2026.
There are 90 paper gold claims for every real ounce in COMEX vaults. Ninety promises, one ounce of metal. It’s like musical chairs with 90 players and one chair. COMEX gold inventory dropped 25 percent last year alone as gold flows East to Shanghai, Mumbai, and Moscow. On March 31st, contract holders can demand delivery. When similar situations arose in the past, markets closed and rules changed. Paper holders got crushed while mining stock holders made fortunes. One stock sits at the center of this crisis.Get the full story on this opportunity now.
First up is Franco-Nevada (NYSE: FNV), a company deeply involved in the mining of gold and other precious metals. The Canadian stock delivered a whopping 78% total return in 2025, buoyed by the extensive rise in gold and silver prices. On Jan. 26, Franco declared a quarterly dividend of 44 cents, marking a significant 16% increase over its previous payout. The company expects to pay its next dividend on Mar. 26 to shareholders of record on Mar. 12.
Looking ahead, the stock’s indicated dividend yield is approximately 0.70%. While not particularly high, investors should recognize that large gains in a company’s share price, which Franco saw last year, put downward pressure on dividend yields for new investors.
Going forward, Franco’s shares should continue to be highly correlated with movements in gold and silver prices. On Jan. 30, the stock tanked around 10.5%, as gold and silver dropped around 10% and 29%, respectively. This shows that trepidation is prudent when it comes to stocks exposed to these metals. Still, analysts at Deutsche Bank and Citi released bullish price targets on these metals days earlier.
Southern Copper (NYSE: SCCO) is another miner that soared in 2025, delivering a total return of 68%. The company is one of the world’s largest producers of copper, with its operations primarily in Mexico and South America.
On Jan. 22, Southern Copper declared a quarterly cash dividend of $1. This is a solid 11% increase over its previous dividend. Investors will also receive a stock dividend of 0.0085 shares of common stock per share. The company will give each owner this many shares for every share they already hold. If a shareholder’s position is such that a stock dividend would result in receiving fractional shares, the company will pay cash instead, based on a share price of $179.93. Investors should also note that Southern Copper’s dividend often fluctuates on a quarterly basis, depending on business performance.
These dividends are payable on Feb. 27 to shareholders of record at the close of business on Feb. 10. The company’s unique dividend structure makes it hard to assign a forward-looking yield. However, based on its cash dividend alone, and assuming a stable payment, the stock’s yield would be a solid 2.1%.
Copper prices will be a key determinant of SCCO’s performance. Goldman Sachs is moderately bearish on copper in the near term but bullish over the next decade.
MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. For a limited time, get full access for just $5 for 5 weeks—no restrictions, no trial limitations.Unlock the full power of MarketBeat All Access today for just $5
Last up is defense stock L3Harris Technologies (NYSE: LHX). L3Harris is one of the largest defense contractors in the United States, and delivered an impressive 42% total return in 2025. On Jan. 23, L3Harris declared a quarterly dividend of $1.25, a moderate but meaningful 4% increase. The company expects to pay this new dividend on Mar. 6 to shareholders of record as of the close of business on Mar. 20. The stock’s indicated dividend yield is now approximately 1.5%. This is solidly above the approximately 1.1% yield offered by the S&P 500 Index.
L3Harris recently announced its intention to spin off its missile solutions business into its own publicly traded stock. The U.S. Department of War will invest $1 billion in the new entity, a clear sign of government support for increasing its solid rocket motor capacity. L3Harris will maintain a controlling stake in the missile solutions business, which could be a meaningful growth driver. The MarketBeat consensus price target still implies moderate downside in L3Harris shares. However, multiple analysts issued price targets above the stock’s current level after the Jan. 13 announcement.
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Thank you for subscribing to Earnings360, a morning newsletter that summarizes quarterly earnings for public companies that trade on U.S. markets.
If you have questions about your subscription, please don’t hesitate to contact MarketBeat’s U.S. based support team at contact@marketbeat.com.
If you no longer wish to receive email from Earnings360, you can unsubscribe.
Copyright 2006-2026 MarketBeat Media, LLC. All rights protected.
345 N Reid Place, Sixth Floor, Sioux Falls, SD 57103-7078. United States..
See Also: A Practical Options Playbook for Volatile Markets (Click to Opt-In)
RJ Hamster

Central banks are lying to you about gold(From Behind the Markets)
Written by Leo Miller on February 2, 2026

For the defense and mining industries, 2025 was a standout year. The iShares U.S. Aerospace & Defense ETF (BATS: ITA) tracks the performance of a basket of over 40 U.S. aerospace and defense companies. The fund delivered a total return of nearly 49% in 2025, its best calendar year performance in over a decade. The SPDR S&P Metals & Mining ETF (NYSEARCA: XME) tracks the performance of a basket of over 30 U.S. mining and metals stocks. Its performance was even more impressive, delivering a total return of around 83%, its best since 2016.
Now, several giants in these two industries are rewarding investors after landmark gains, meaningfully boosting their dividends. Let’s dive into the dividend details around these companies and take a glimpse at their outlooks for 2026.
There are 90 paper gold claims for every real ounce in COMEX vaults. Ninety promises, one ounce of metal. It’s like musical chairs with 90 players and one chair. COMEX gold inventory dropped 25 percent last year alone as gold flows East to Shanghai, Mumbai, and Moscow. On March 31st, contract holders can demand delivery. When similar situations arose in the past, markets closed and rules changed. Paper holders got crushed while mining stock holders made fortunes. One stock sits at the center of this crisis.Get the full story on this opportunity now.
First up is Franco-Nevada (NYSE: FNV), a company deeply involved in the mining of gold and other precious metals. The Canadian stock delivered a whopping 78% total return in 2025, buoyed by the extensive rise in gold and silver prices. On Jan. 26, Franco declared a quarterly dividend of 44 cents, marking a significant 16% increase over its previous payout. The company expects to pay its next dividend on Mar. 26 to shareholders of record on Mar. 12.
Looking ahead, the stock’s indicated dividend yield is approximately 0.70%. While not particularly high, investors should recognize that large gains in a company’s share price, which Franco saw last year, put downward pressure on dividend yields for new investors.
Going forward, Franco’s shares should continue to be highly correlated with movements in gold and silver prices. On Jan. 30, the stock tanked around 10.5%, as gold and silver dropped around 10% and 29%, respectively. This shows that trepidation is prudent when it comes to stocks exposed to these metals. Still, analysts at Deutsche Bank and Citi released bullish price targets on these metals days earlier.
Southern Copper (NYSE: SCCO) is another miner that soared in 2025, delivering a total return of 68%. The company is one of the world’s largest producers of copper, with its operations primarily in Mexico and South America.
On Jan. 22, Southern Copper declared a quarterly cash dividend of $1. This is a solid 11% increase over its previous dividend. Investors will also receive a stock dividend of 0.0085 shares of common stock per share. The company will give each owner this many shares for every share they already hold. If a shareholder’s position is such that a stock dividend would result in receiving fractional shares, the company will pay cash instead, based on a share price of $179.93. Investors should also note that Southern Copper’s dividend often fluctuates on a quarterly basis, depending on business performance.
These dividends are payable on Feb. 27 to shareholders of record at the close of business on Feb. 10. The company’s unique dividend structure makes it hard to assign a forward-looking yield. However, based on its cash dividend alone, and assuming a stable payment, the stock’s yield would be a solid 2.1%.
Copper prices will be a key determinant of SCCO’s performance. Goldman Sachs is moderately bearish on copper in the near term but bullish over the next decade.
MarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. For a limited time, get full access for just $5 for 5 weeks—no restrictions, no trial limitations.Unlock the full power of MarketBeat All Access today for just $5
Last up is defense stock L3Harris Technologies (NYSE: LHX). L3Harris is one of the largest defense contractors in the United States, and delivered an impressive 42% total return in 2025. On Jan. 23, L3Harris declared a quarterly dividend of $1.25, a moderate but meaningful 4% increase. The company expects to pay this new dividend on Mar. 6 to shareholders of record as of the close of business on Mar. 20. The stock’s indicated dividend yield is now approximately 1.5%. This is solidly above the approximately 1.1% yield offered by the S&P 500 Index.
L3Harris recently announced its intention to spin off its missile solutions business into its own publicly traded stock. The U.S. Department of War will invest $1 billion in the new entity, a clear sign of government support for increasing its solid rocket motor capacity. L3Harris will maintain a controlling stake in the missile solutions business, which could be a meaningful growth driver. The MarketBeat consensus price target still implies moderate downside in L3Harris shares. However, multiple analysts issued price targets above the stock’s current level after the Jan. 13 announcement.
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Copyright 2006-2026 MarketBeat Media, LLC. All rights protected.
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See Also: A Practical Options Playbook for Volatile Markets (Click to Opt-In)
RJ Hamster

Assassin Receives Life Sentence for Attack on Trump
Faith Facts Ryan Routh was sentenced to life in prison for the attempted assassination of Donald Trump, with U…
Refugees Endure Persecution and Loss of Liberty
Faith Facts Millions of refugees continue to face religious persecution around the world…
Mike Johnson Defends Borders as Biblical Principle
Faith Facts House Speaker Mike Johnson affirms the biblical foundation for sovereign borders and civil order…
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Why nobody really knows the scale of the U.S. housing crisisAmerica faces a serious housing shortage, but experts are divided on just how many new homes it would take to resolve it.
News for you, PeterHalle Berry Says ‘It’s Disturbing’ How Gavin Newsom Claimed They’d ‘…Halle Berry told The Cut that she never heard from California governor Gavin Newsom despite him saying they would be …Variety Amazon Pulls ‘Melania’ From Movie Theater Due to Jokes on Its MarqueeAn Oregon theater poked fun at Melania Trump and Amazon wasn’t amused.The Hollywood Reporter Donald Trump’s New Approval Rating Polls Show Major ChangesDonald Trump’s approval rating polls released at the start of 2026 indicate a gradual decline in public support for…Mandatory Tate McRae draws backlash from Canadian fans after appearing in a Winter Olympics promo for Team USA: …Tate McRae’s Canadian fans were quick to question her decision to team up with Team USA, considering she’s from Calgary….Yahoo Entertainment Giant pizza restaurant chain closing 250 restaurants nationwideThe downturn in the pizza restaurant sector is continuing into 2026 with major dining chains closing hundreds of locations…TheStreet Bitcoin sinks after Treasury Secretary Bessent says US government can’t tell banks to bail out cryptoBitcoin sank after Treasury Secretary Bessent said banks would not bail out crypto.Yahoo Finance Tech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across th…Tech companies are waking up to the fact that AI may be more likely to replace them than help them.Fortune At 82, he’s as fit as a 20-year-old. His body holds clues to healthy aging.As a model of successful aging, you can’t beat 82-year-old Juan López García. Really, you can’t be…Washington Post Liam Neeson Tells ‘Late Night’ Audience to Shut Up as They Giggle at Him for Reading His…Liam Neeson was not tolerating any giggles at his expense from the “Late Night” audience on Tuesday nightThe Wrap Anonymous NFL player thinks Super Bowl Halftime Show performer ‘should always be an American….An anonymous NFL player criticized the decision to have Bad Bunny headline the Super Bowl 60 Halftime Show while getting t…ClutchPoints More like this
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(7) Whither shall I go from thy spirit? or whither shall I flee from thy presence?
King James Version Change email Bible version
The psalmist does not really want to flee. He is posing ideas and questions so that we can see that wherever we are, we are always under God’s scrutiny. God is a positive spirit. Everything that He creates has positive function and beauty. His intention in everything for us is always positive, right, and good. He does everything in love and concern for our well-being so that we will fit within His purpose, and it will be worked out in our lives. Psalms 139 contains no negative connotations.
From this, because His mind permeates the entirety of His creation, we ought to derive great confidence that God is always with us. He is omnipotent. He is omnipresent. He is actively using His powers, His Spirit, to govern and manage His creation.
The beginning of the source of all power is in the mind. Remember, man is in God’s image. A man may make tools to intensify his powers, but the real power is in the mind because without it, he would not be able to create the tool that expands his powers.
God’s Holy Spirit is the essence of His mind. Just like a man, His power resides there too, only He does not have to use steam shovels and power tools to get things done. He speaks, and the laws He has created go to work. The tool by which He carries everything out is His Spirit, the essence of His mind.
— John W. Ritenbaugh
To learn more, see:
The Right Use of Power
Commentary copyright © 1992-2026 Church of the Great God




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This is Scale & Strategy, the map and compass of business newsletters (we show you what’s ahead).
Here’s what we got for you today:

Elon Musk has effectively moved $250 billion from one pocket to another.
On Monday, Musk’s aerospace company SpaceX announced it would acquire xAI, his AI startup that also owns the social media platform X. While financial terms were not disclosed, The Information reported the deal values the acquisition at $250 billion.
In a joint statement, the combined company said the transaction would create “the most ambitious, vertically integrated innovation engine on (and off) Earth.” SpaceX reiterated its long-term vision of building space-based data centers that leverage solar energy to power AI training.
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars,” the company said.
According to Bloomberg, the deal places the combined entity at a $1.25 trillion valuation ahead of a planned IPO, with shares expected to price at $526.59. At that level, SpaceX would surpass OpenAI as the world’s most valuable startup, potentially intensifying Musk’s rivalry with OpenAI CEO Sam Altman. OpenAI is currently targeting a valuation of up to $830 billion as it raises capital in a forthcoming twelve-figure funding round.
The acquisition further adds to Musk’s growing web of interlinked companies. Last March, xAI acquired X, formerly Twitter, in a deal valued at $45 billion, or $33 billion when accounting for $12 billion in debt. That transaction was pitched as a way to unify “data, models, compute, distribution, and talent,” while helping stabilize investor confidence amid concerns over X’s declining value.
Beyond financial engineering and competitive positioning, the SpaceX deal could lend xAI greater legitimacy. The company has faced repeated controversies tied to its flagship model, Grok, including outputs flagged for antisemitic content and the generation of explicit imagery, some allegedly involving minors. These issues earned Grok an “unacceptable risk” rating from advocacy group Common Sense Media.
While the acquisition is unlikely to change the model’s behavior overnight, proximity to SpaceX may bolster xAI’s standing among peers like OpenAI, Anthropic, and Google, reframing the company less as a rogue experiment and more as part of Musk’s broader industrial and technological empire.
If your revenue is growing while your calendar stays packed, you haven’t hit a growth problem. You’ve hit a time constraint.
The average company loses more than 20% of productive capacity to meetings, approvals, and coordination drag, exactly where growing businesses leak profit and momentum.
The Executive’s Guide to Saving 10+ Hours Per Week reveals how operators reclaim time without adding headcount. These strategies will free you to focus on pricing, capital allocation, and strategic bets that unlock the next stage of growth.
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• The hidden “calendar tax” slowing scale
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• How operators build systems that move without them
And when you’re ready to turn insight into execution?
BELAY pairs you with a seasoned Executive Assistant who absorbs the operational load, helping leaders move from $5M → $15M without burning out or bloating overhead.
More time isn’t the goal. Leverage is.

OpenAI’s CEO just gave Forbes a sprawling profile that managed to cover everything from AGI hot takes to corporate succession, with a cameo from a visibly unimpressed Satya Nadella.
The highlights:
Altman said his long-term succession plan is to “hand off the company to an AI model,” arguing that if the goal is to build AGI capable of running organizations, OpenAI should be the first test case.
He also claimed OpenAI has “basically built AGI,” a statement Microsoft CEO Satya Nadella quickly pushed back on, while describing the Microsoft–OpenAI relationship as something closer to “frenemies” than partners.
Forbes reported that Altman holds stakes in more than 500 companies, a detail that has reportedly fueled internal concern among employees that OpenAI is trying to do “too much too quickly.”
Altman also addressed his ongoing feud with Elon Musk, saying it’s “crazy to me how much time he spends attacking us,” while taking shots at xAI’s own safety record.
Why it matters: Nobody in AI is better at shaping the conversation than Sam Altman. From declaring AGI effectively solved to casually proposing an AI CEO-in-waiting, he knows how to dominate the narrative. The open question is whether OpenAI’s execution, governance, and increasingly sprawling ambitions can keep pace with the vision he keeps putting into the world.
The Executive’s Guide to Saving 10+ Hours Per Week
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A European monarch secures control of a vast African territory under the guise of philanthropy—what follows becomes colonialism’s darkest chapter.Disney brings a beloved story to the screen, capturing something eternal about childhood—but the film contains elements that reflect its era’s blindness.Two astronauts return to the Moon’s surface with something to prove—and one of them brings an unexpected piece of sporting equipment.
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